Red River Resources Ltd
ASX:RVR
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P/B
Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.
Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.
Valuation Scenarios
If P/B returns to its 3-Year Average (0.6), the stock would be worth AU$0.07 (0% downside from current price).
| Scenario | P/B Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 0.6 | AU$0.07 |
0%
|
| 3-Year Average | 0.6 | AU$0.07 |
0%
|
| 5-Year Average | 0.6 | AU$0.07 |
0%
|
| Industry Average | 3.2 | AU$0.4 |
+446%
|
| Country Average | 2.7 | AU$0.33 |
+353%
|
Forward P/B
Today’s price vs future total equity
Peer Comparison
| Market Cap | P/B | P/E | ||||
|---|---|---|---|---|---|---|
| AU |
R
|
Red River Resources Ltd
ASX:RVR
|
37.8m AUD | 0.6 | 9.7 | |
| AU |
|
BHP Group Ltd
ASX:BHP
|
285.2B AUD | 3.9 | 19.4 | |
| AU |
|
Rio Tinto Ltd
ASX:RIO
|
280.8B AUD | 3.5 | 19.6 | |
| UK |
|
Rio Tinto PLC
LSE:RIO
|
119.4B GBP | 2.7 | 15.8 | |
| MX |
|
Grupo Mexico SAB de CV
BMV:GMEXICOB
|
1.6T MXN | 3.9 | 17.8 | |
| CH |
|
Glencore PLC
LSE:GLEN
|
64.8B GBP | 2.2 | 236.3 | |
| SA |
|
Saudi Arabian Mining Company SJSC
SAU:1211
|
248.9B SAR | 4 | 33.9 | |
| CN |
|
CMOC Group Ltd
SSE:603993
|
414.4B CNY | 4.9 | 20 | |
| UK |
|
Anglo American PLC
LSE:AAL
|
42.8B GBP | 3.2 | -15.1 | |
| CN |
C
|
China Molybdenum Co Ltd
OTC:CMCLF
|
51.8B USD | 4.3 | 17.5 | |
| ZA |
A
|
African Rainbow Minerals Ltd
JSE:ARI
|
44.5B ZAR | 0.7 | 34.6 |
Market Distribution
| Min | 0 |
| 30th Percentile | 1.6 |
| Median | 2.7 |
| 70th Percentile | 4.3 |
| Max | 2 199.4 |
Other Multiples
Red River Resources Ltd
Glance View
Red River Resources Ltd. is a diversified mineral exploration company. The company is headquartered in Melbourne, Victoria and currently employs 75 full-time employees. The company went IPO on 2005-07-15. The Company’s projects include Thalanga Operation and Hillgrove Gold Mines. The Thalanga Operation is located approximately 60 kilometers South West of Charters Towers in Central Queensland, Australia. The company consists of approximately 650 kilotons per annum capacity milling facility, which produces separate copper, lead and zinc concentrates. Thalanga Far West is located approximately 500 meters from the Thalanga Mill. The minerals contained in the massive sulfide mineralisation are chalcopyrite, galena and sphalerite. The company also contains material quantities of silver and gold. The Liontown polymetallic volcanogenic hosts massive sulfide deposit is located 40km southwest of Charters Towers in North Queensland. The Hillgrove Gold Mine is located 30 kilometers from Armidale in New South Wales. The company has produced approximately 730,000 ounces of gold, 50,000 tons of antimony as metal.
