Loading...

You're on the old version of Simply Wall St. We will no longer be supporting this site, so we recommend you switch to our brand new platform.

Resources & Energy Group

CHIA:REZ
Snowflake Description

Adequate balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
REZ
CHIA
A$4M
Market Cap
  1. Home
  2. AU
  3. Materials
Company description

Resources & Energy Group Limited explores for, develops, and produces gold and silver deposits in Australia. The last earnings update was 26 days ago. More info.


Add to Portfolio Compare Print
  • Resources & Energy Group has significant price volatility in the past 3 months.
REZ Share Price and Events
7 Day Returns
0%
CHIA:REZ
4.3%
AU Metals and Mining
5.1%
AU Market
1 Year Returns
-
CHIA:REZ
-18.8%
AU Metals and Mining
-19.1%
AU Market
REZ Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Resources & Energy Group (REZ) 0% 0% 0% - - -
AU Metals and Mining 4.3% -9% -21.9% -18.8% 10.7% 24.1%
AU Market 5.1% -18.7% -25.7% -19.1% -16.6% -17.3%
1 Year Return vs Industry and Market
  • No trading data on REZ.
  • No trading data on REZ.
Price Volatility
REZ
Industry
5yr Volatility vs Market

REZ Value

 Is Resources & Energy Group undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Resources & Energy Group. This is due to cash flow or dividend data being unavailable. The share price is A$0.015.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Resources & Energy Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Resources & Energy Group's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
CHIA:REZ PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in AUD A$-0.02
ASX:REZ Share Price ** ASX (2020-02-21) in AUD A$0.01
Australia Metals and Mining Industry PE Ratio Median Figure of 76 Publicly-Listed Metals and Mining Companies 7.99x
Australia Market PE Ratio Median Figure of 515 Publicly-Listed Companies 12.97x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Resources & Energy Group.

CHIA:REZ PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ASX:REZ Share Price ÷ EPS (both in AUD)

= 0.01 ÷ -0.02

-0.6x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Resources & Energy Group is loss making, we can't compare its value to the AU Metals and Mining industry average.
  • Resources & Energy Group is loss making, we can't compare the value of its earnings to the Australia market.
Price based on expected Growth
Does Resources & Energy Group's expected growth come at a high price?
Raw Data
CHIA:REZ PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.6x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Australia Metals and Mining Industry PEG Ratio Median Figure of 40 Publicly-Listed Metals and Mining Companies 0.4x
Australia Market PEG Ratio Median Figure of 337 Publicly-Listed Companies 1x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Resources & Energy Group, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Resources & Energy Group's assets?
Raw Data
CHIA:REZ PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in AUD A$0.02
ASX:REZ Share Price * ASX (2020-02-21) in AUD A$0.01
Australia Metals and Mining Industry PB Ratio Median Figure of 555 Publicly-Listed Metals and Mining Companies 1.04x
Australia Market PB Ratio Median Figure of 1,613 Publicly-Listed Companies 1.24x
CHIA:REZ PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ASX:REZ Share Price ÷ Book Value per Share (both in AUD)

= 0.01 ÷ 0.02

0.53x

* Primary Listing of Resources & Energy Group.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Resources & Energy Group is good value based on assets compared to the AU Metals and Mining industry average.
X
Value checks
We assess Resources & Energy Group's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check)
  5. Resources & Energy Group has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

REZ Future Performance

 How is Resources & Energy Group expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Resources & Energy Group has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
0.7%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Resources & Energy Group expected to grow at an attractive rate?
  • Unable to compare Resources & Energy Group's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Resources & Energy Group's earnings growth to the Australia market average as no estimate data is available.
  • Unable to compare Resources & Energy Group's revenue growth to the Australia market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
CHIA:REZ Future Growth Rates Data Sources
Data Point Source Value (per year)
Australia Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 0.7%
Australia Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 1.1%
Australia Market Earnings Growth Rate Market Cap Weighted Average 10.7%
Australia Market Revenue Growth Rate Market Cap Weighted Average 4.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
CHIA:REZ Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in AUD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
CHIA:REZ Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2019-12-31 0 -3 -4
2019-09-30 0 -2 -4
2019-06-30 0 -1 -4
2019-03-31 1 -1 -4
2018-12-31 1 -1 -3
2018-09-30 1 -1 -3
2018-06-30 0 -2 -3
2018-03-31 0 -2 -3
2017-12-31 0 -2 -2
2017-09-30 0 -2 -2
2017-06-30 -2 -1
2017-03-31 -1 -2

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Resources & Energy Group is high growth as no earnings estimate data is available.
  • Unable to determine if Resources & Energy Group is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
CHIA:REZ Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Resources & Energy Group Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

CHIA:REZ Past Financials Data
Date (Data in AUD Millions) EPS *
2019-12-31 -0.02
2019-09-30 -0.02
2019-06-30 -0.03
2019-03-31 -0.03
2018-12-31 -0.03
2018-09-30 -0.03
2018-06-30 -0.04
2018-03-31 -0.03
2017-12-31 -0.03
2017-09-30 -0.02
2017-06-30 -0.01
2017-03-31 -0.02

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Resources & Energy Group will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Resources & Energy Group's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. Resources & Energy Group's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Materials companies here
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Resources & Energy Group's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Australia market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Australia market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Resources & Energy Group has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

REZ Past Performance

  How has Resources & Energy Group performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Resources & Energy Group's growth in the last year to its industry (Metals and Mining).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Resources & Energy Group does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Resources & Energy Group's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Resources & Energy Group's 1-year growth to the AU Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Resources & Energy Group's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Resources & Energy Group Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

CHIA:REZ Past Revenue, Cash Flow and Net Income Data
Date (Data in AUD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 0.00 -3.84 1.17
2019-09-30 0.22 -4.00 1.15
2019-06-30 0.43 -4.16 1.12
2019-03-31 0.62 -3.70 1.25
2018-12-31 0.80 -3.24 1.38
2018-09-30 0.61 -3.33 1.21
2018-06-30 0.43 -3.43 1.05
2018-03-31 0.24 -2.92 0.89
2017-12-31 0.06 -2.42 0.73
2017-09-30 0.03 -1.91 0.74
2017-06-30 -1.39 0.75
2017-03-31 -1.55 0.97
2016-12-31 -1.71 1.18
2016-09-30 -1.55 1.00
2016-06-30 -1.39 0.82
2016-03-31 -1.00 0.50
2015-12-31 -0.61 0.19
2015-09-30 -0.57 0.30
2015-06-30 -0.54 0.41
2015-03-31 -0.52 0.46
2014-12-31 -0.50 0.51
2014-09-30 -0.57 0.43
2014-06-30 -0.63 0.34
2014-03-31 -0.62 0.34
2013-12-31 -0.60 0.33
2013-09-30 -0.50 0.39
2013-06-30 -0.40 0.45

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Resources & Energy Group has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Resources & Energy Group has efficiently used its assets last year compared to the AU Metals and Mining industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Resources & Energy Group improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Resources & Energy Group's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Resources & Energy Group has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

REZ Health

 How is Resources & Energy Group's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Resources & Energy Group's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Resources & Energy Group is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Resources & Energy Group's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Resources & Energy Group's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 14.7x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Resources & Energy Group Company Filings, last reported 3 months ago.

CHIA:REZ Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 9.37 0.11 1.61
2019-09-30 9.37 0.11 1.61
2019-06-30 7.40 0.48 1.04
2019-03-31 7.40 0.48 1.04
2018-12-31 -0.82 5.43 0.05
2018-09-30 -0.82 5.43 0.05
2018-06-30 -0.90 4.63 0.11
2018-03-31 -0.90 4.63 0.11
2017-12-31 0.78 4.00 0.30
2017-09-30 0.78 4.00 0.30
2017-06-30 2.29 3.13 0.32
2017-03-31 2.29 3.13 0.32
2016-12-31 2.73 2.17 1.24
2016-09-30 2.73 2.17 1.24
2016-06-30 2.78 0.78 0.93
2016-03-31 2.78 0.78 0.93
2015-12-31 0.43 0.21 0.01
2015-09-30 0.43 0.21 0.01
2015-06-30 1.01 0.20 0.10
2015-03-31 1.01 0.20 0.10
2014-12-31 1.19 0.20 0.96
2014-09-30 1.19 0.20 0.96
2014-06-30 0.58 0.19 0.32
2014-03-31 0.58 0.19 0.32
2013-12-31 0.78 0.19 0.71
2013-09-30 0.78 0.19 0.71
2013-06-30 1.23 0.18 0.86
  • Resources & Energy Group's level of debt (1.2%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (16.6% vs 1.2% today).
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Resources & Energy Group has less than a year of cash runway based on current free cash flow.
  • Resources & Energy Group has less than a year of cash runway if free cash flow continues to grow at historical rates of 23.1% each year.
X
Financial health checks
We assess Resources & Energy Group's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Resources & Energy Group has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

REZ Dividends

 What is Resources & Energy Group's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Resources & Energy Group dividends.
If you bought A$2,000 of Resources & Energy Group shares you are expected to receive A$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Resources & Energy Group's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Resources & Energy Group's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
CHIA:REZ Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Australia Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 39 Stocks 6%
Australia Market Average Dividend Yield Market Cap Weighted Average of 368 Stocks 5.5%
Australia Minimum Threshold Dividend Yield 10th Percentile 1.7%
Australia Bottom 25% Dividend Yield 25th Percentile 3.2%
Australia Top 25% Dividend Yield 75th Percentile 8.1%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Resources & Energy Group has not reported any payouts.
  • Unable to verify if Resources & Energy Group's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Resources & Energy Group's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Resources & Energy Group has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Resources & Energy Group's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.7%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Resources & Energy Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Resources & Energy Group has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

REZ Management

 What is the CEO of Resources & Energy Group's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
David Frances
AGE 51
TENURE AS CEO 0.5 years
CEO Bio

Mr. David John Frances, BSc (Hons) serves as Chief Executive Officer of Resources & Energy Group Limited since October 22, 2019. Mr. Frances has been Special Advisor to the Board at Bankers Cobalt Corp since February 2018. He was Executive Chairman of Tiger Resources Limited from February 9, 2018 until July 12, 2019. Mr. Frances served as an Advisor of Exore Resources Ltd (formerly known as Novo Lítio Limited) since December 15, 2017. Mr. Frances served as the Chief Executive Officer of Novo Lítio Ltd. from December 23, 2015 to December 15, 2017 and as its Managing Director from April 19, 2016 to December 15, 2017. Mr. Frances served as the Managing Director of Windward Resources Limited from July 1, 2013 to June 26, 2015 and its Chief Executive Officer until June 26, 2015. He served as Chief Executive Officer and President at Mawson West Ltd. until June 29, 2012 and served as its Managing Director from May 9, 2006 to June 29, 2012. Mr. Frances has years of experience in multi-commodity mineral exploration, project evaluation, project finance, development and mining in Australia, China, North America, Africa and New Zealand. He served as an Integral Team Member on the Challenger gold deposit in South Australia, taking that complex gold deposit through exploration, drill out and bankable feasibility. Mr. Frances served as Exploration Manager of Mawson West Ltd. He served as Team Leader in delineating and developing Dominion Mining's Challenger gold deposit in South Australia. He is a Member of Advisory Board of Bankers Cobalt Corp. He was Non-Executive Chairman of Tiger Resources Limited since December 20, 2017 until February 9, 2018. He is a seasoned executive with experience in developing assets in Africa and Australia. He has a strong track record, having led numerous successful transactions including taking the market capitalisation of Mawson West on the ASX, as a significant copper producer. His experience covers corporate M&A, funding, exploration and project development. He served as an Executive Chairman of Tawana Resources NL from January 2013 to May 2013. He served as a Director of Novo Lítio Ltd. from April 19, 2016 to December 15, 2017. He served as Director of Windward Resources Limited from July 1, 2013 to June 26, 2015 and Mawson West Ltd. from November 15, 2005 to June 2012. He served as a Non-Executive Director of Orrex Resources Limited from November 2010 to May 30, 2013. He is a graduate of University of Western Australia.

CEO Compensation
  • Insufficient data for David to compare compensation growth.
  • Insufficient data for David to establish whether their remuneration is reasonable compared to companies of similar size in Australia.
Management Team

Warren Kember

TITLE
CFO & Company Secretary
AGE
57

Christian Price

TITLE
Chief Operating Officer
COMPENSATION
A$190K

Richard Poole

TITLE
Operations Director & Non-Independent Director
COMPENSATION
A$33K
AGE
56

David Frances

TITLE
Chief Executive Officer
AGE
51
TENURE
0.5 yrs

Nick Jolly

TITLE
Chief Geologist
TENURE
0.5 yrs
Board of Directors Tenure

Average tenure of the Resources & Energy Group board of directors in years:

15.3
Average Tenure
  • The average tenure for the Resources & Energy Group board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Gavi Rezos

TITLE
Chairman
COMPENSATION
A$48K
AGE
58
TENURE
4.3 yrs

Richard Poole

TITLE
Operations Director & Non-Independent Director
COMPENSATION
A$33K
AGE
56
TENURE
15.8 yrs

Virginia Bruce

TITLE
Independent Non-Executive Director
COMPENSATION
A$36K
TENURE
15.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (A$) Value (A$)
02. Jul 19 Buy Gavin Rezos Individual 02. Jul 19 02. Jul 19 10,000,000 A$0.05 A$499,990
X
Management checks
We assess Resources & Energy Group's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Resources & Energy Group has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

REZ News

Simply Wall St News

REZ Company Info

Description

Resources & Energy Group Limited explores for, develops, and produces gold and silver deposits in Australia. Its flagship project is the Menzies project covering an area of 130 kilometers located in the north of Kalgoorlie in Western Australia. The company was founded in 2005 and is headquartered in Sydney, Australia.

Details
Name: Resources & Energy Group Limited
REZ
Exchange: CHIA
Founded: 2005
A$3,636,906
404,100,770
Website: http://www.rezgroup.com.au
Address: Resources & Energy Group Limited
52 Martin Place,
Level 33,
Sydney,
New South Wales, 2000,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX REZ Ordinary Shares Australian Securities Exchange AU AUD 11. Mar 2005
CHIA REZ Ordinary Shares Chi-X Australia AU AUD 11. Mar 2005
Number of employees
Current staff
Staff numbers
4
Resources & Energy Group employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/06 11:03
End of day share price update: 2020/02/21 00:00
Last earnings filing: 2020/03/11
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/06/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.