Latest news with #RegisResources
Yahoo
31-07-2025
- Business
- Yahoo
Regis Resources (ASX:RRL) Will Want To Turn Around Its Return Trends
What trends should we look for it we want to identify stocks that can multiply in value over the long term? Ideally, a business will show two trends; firstly a growing return on capital employed (ROCE) and secondly, an increasing amount of capital employed. Put simply, these types of businesses are compounding machines, meaning they are continually reinvesting their earnings at ever-higher rates of return. In light of that, when we looked at Regis Resources (ASX:RRL) and its ROCE trend, we weren't exactly thrilled. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. Return On Capital Employed (ROCE): What Is It? For those who don't know, ROCE is a measure of a company's yearly pre-tax profit (its return), relative to the capital employed in the business. To calculate this metric for Regis Resources, this is the formula: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.012 = AU$23m ÷ (AU$2.3b - AU$449m) (Based on the trailing twelve months to December 2024). So, Regis Resources has an ROCE of 1.2%. Ultimately, that's a low return and it under-performs the Metals and Mining industry average of 8.2%. View our latest analysis for Regis Resources Above you can see how the current ROCE for Regis Resources compares to its prior returns on capital, but there's only so much you can tell from the past. If you'd like, you can check out the forecasts from the analysts covering Regis Resources for free. How Are Returns Trending? When we looked at the ROCE trend at Regis Resources, we didn't gain much confidence. Over the last five years, returns on capital have decreased to 1.2% from 26% five years ago. However, given capital employed and revenue have both increased it appears that the business is currently pursuing growth, at the consequence of short term returns. And if the increased capital generates additional returns, the business, and thus shareholders, will benefit in the long run. While on the subject, we noticed that the ratio of current liabilities to total assets has risen to 20%, which has impacted the ROCE. If current liabilities hadn't increased as much as they did, the ROCE could actually be even lower. While the ratio isn't currently too high, it's worth keeping an eye on this because if it gets particularly high, the business could then face some new elements of risk. What We Can Learn From Regis Resources' ROCE While returns have fallen for Regis Resources in recent times, we're encouraged to see that sales are growing and that the business is reinvesting in its operations. However, despite the promising trends, the stock has fallen 23% over the last five years, so there might be an opportunity here for astute investors. So we think it'd be worthwhile to look further into this stock given the trends look encouraging. Regis Resources could be trading at an attractive price in other respects, so you might find our on our platform quite valuable. While Regis Resources may not currently earn the highest returns, we've compiled a list of companies that currently earn more than 25% return on equity. Check out this free list here. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data
Sky News AU
21-07-2025
- Business
- Sky News AU
ASX 200 sheds more than $25 billion on Monday after surging about 2.3 per cent over late last week
The ASX 200 has sank on Monday, clawing back a massive surge late last week that pushed the index to new record highs. The index fell 0.8 per cent in the first 50 minutes of trading, wiping more than $25 billion off local investors' portfolios. It follows the index rising 0.9 per cent on Thursday and another 1.4 per cent on Friday Australian regenerative medicine company Mesoblast shed 7.9 per cent after surging more than 32 per cent on Friday when it revealed strong results from the commercial launch of children's drug Ryoncil. Regis Resources has shed four per cent, while Insignia Financial is down 5.3 per cent and Lifestyle Communities has sank 2.5 per cent. Buy-now-pay-later company Block, which is led by Twitter-founder Jack Dorsey and listed on the Nasdaq, jumped about 10.9 per cent after news emerged it would join the S&P 500. Other strong performers include AMP, which jumped 5.5 per cent after revealing a strong second-quarter performance, and Clarity Pharmaceuticals which is up 4.9 per cent. Investors await the RBA meeting minutes due on Tuesday which will reveal the thinking behind the central bank's shock rate hold. Josh Gilbert, a market analyst with trading platform eToro, said further explanation of the decision, which three of the nine RBA board members disagreed with, will be critical for a better understanding of Australia's economy. 'We know RBA chair Michele Bullock leans towards quarterly (inflation) readings, not the monthly ones, for a more stable indicator of economic health and that this caution likely motivated her to vote for a pause, but analysts will be keen to get a deeper understanding of the board's broader perspective,' Mr Gilbert said. It was a mixed bag on Wall Street on Friday with both the S&P 500 and the Nasdaq finishing flat while the Dow Jones sank 0.3 per cent. London's FTSE 250 Index jumped 0.6 per cent, Germany's DAX shed 0.3 per cent and the STOXX Europe 600 finished flat. New Zealand's NZX 50 Index is up 0.4 per cent since trading began on Monday while Japan's Nikkei 225 is down 0.2 per cent.
Sky News AU
10-07-2025
- Business
- Sky News AU
ASX 200 surges as Nvidia briefly surpasses $6 trillion market cap and US President Donald Trump reveals further tariffs
The ASX 200 has surged on Thursday, tracking gains in the United States where investors were undeterred by Donald Trump releasing further tariff letters to foreign leaders and a major company soared. The index has jumped 0.6 per cent in the first 40 minutes of trading with gold miners West African Resources and Regis Resources adding 4.9 and 3.5 per cent respectively. Neuren Pharmaceuticals and Pro Medicus have jumped 3.5 and 2.5 per cent respectively as the medical industry remains on watch for the US President's planned levies. Trump has continued to roll out his sweeping trade policy as his 'Liberation Day' tariff suspension came to an end. He revealed 30 per cent levies on Algeria, Libya, Iraq and Sri Lanka. Brunei and Moldova are subject to 25 per cent duties while the Philippines faces 20 per cent tariffs. A surge on Wall Street was boosted by Nvidia becoming the first company to surpass the US$4 trillion (AU$6t) mark after peaking at US$164.42 before settling over the day. It finished up 1.8 per cent on Wednesday and traded with a market capitalisation of US$3.97t at US$162.88 per share. Josh Gilbert, a market analyst at eToro, said Nvidia's "meteoric rise highlights the sheer momentum of this AI boom, which isn't showing any signs of slowing down". "Nvidia has become the heartbeat of the market, making up around 7.5 per cent of the S&P 500 and nearly 10 per cent of the Nasdaq 100. "In the same way Apple symbolised the smartphone era, Nvidia now defines the AI era. "Its last earnings in May solidified its position with continued growth, margins most businesses would envy, and a war chest that gives the company the firepower to keep innovating." Meanwhile, Bitcoin surged to a record high of US$112,000. Mr Gilbert said the new record comes as a wide array of investors adopt the cryptocurrency. 'Institutional adoption is growing, and this is the first real bull market where institutional participation is front and centre,' Mr Gilbert said. 'Publicly traded companies are now adopting bitcoin as part of their treasury strategy, with some making multi-billion-dollar allocations.' 'At the same time, retirement funds and sovereign wealth funds are starting to gain exposure through ETFs, adding to the wave of demand chasing a fixed supply.' The Dow Jones rose 0.5 per cent, the S&P 500 added 0.6 per cent and the Nasdaq jumped 0.9 per cent. London's FTSE 250 Index finished down 0.1 per cent, Germany's DAX rose 1.4 per cent and the STOXX Europe 600 soared 0.8 per cent on Wednesday. Since trading began on Thursday, New Zealand's NZX 50 Index has risen 0.1 per cent while Japan's Nikkei 225 has slumped 0.5 per cent.
Sky News AU
01-07-2025
- Business
- Sky News AU
Major winners and losers on the ASX 200 revealed as the index posts best post-pandemic financial year performance in FY25
Australian banks, technology and gold companies have thrived over the past 12 months as the ASX 200 posted its best performance since a surge in 2021. Despite experiencing strong turbulence from Donald Trump's tariffs and the heated Iran-Israel conflict, the index rose more than 10 per cent in the 2025 financial year. The tech, financial and telecommunications services sectors all jumped about 25 per cent over the past 12 months. An Australian that wisely invested in local ship building and defense company Austal on July 1 2024 will have seen their cash grown more than 150 per cent over the 12 months. Gold miners have thrived with Regis Resources growing 157 per cent, Evolution Mining jumping 126 per cent, Gold Road Resources increasing 94 per cent and West African Resources rising 43 per cent. Investors flocked to gold as a safe haven after Trump's sweeping tariffs rocked global markets. Gold hit a record high of $5425 per ounce in April less than a fortnight after 'Liberation Day', before it settled around the $5200 mark. This is almost a $1000 boost from the beginning of the year. The ASX 200 has been lifted by the index's largest company Commonwealth Bank of Australia, which soared more than 45 per cent in 12 months. However, many analysts believe CBA's evaluation is exorbitant and anticipate a downturn as the major bank's share of the ASX 200 has grown from nine per cent to 12 per cent over the past year. Another major Australian company to thrive over the recent year was Qantas as it continues to recover from its post-pandemic reputational tarnishing, skyrocketing the stock price more than 81 per cent. The Flying Kangaroo's market dominance of the local aviation sector and its stellar financial performance have ensured the carrier continues to give back to shareholders - even delivering the airline's first dividend since before the pandemic. Qantas' share price will come under the microscope over the coming months after Virgin Australia went public and exceeded its IPO by about 13 per cent in one day. Other solid performers in the 2025 financial year were seen in the tech sector. Digital financial services company Zip Co (up 115 per cent), Life360 (up 107 per cent), software company Technology One (up 125 per cent) and many others drove the tech sector as it continues to boom in Australia. While the ASX 200 reported stellar gains over the past 12 months, many Australian companies sank amid a myriad of challenges. International education company IDP Education fell a whopping 76 per cent after a long gradual decline due to caps on foreign students. In June, the company told shareholders it expected earnings to halve from global uncertainty around the intake of international students. "Continued uncertainty has impacted IDP student enrolment pipeline size and conversion rates in the important May and June pipeline build given the timing of the fall intake in the UK, Canada and the US, as well as the second semester intake in Australia," the company said. Mineral Resources, which was plagued by a tax controversy surrounding its outgoing CEO Chris Ellison, fell more than 60 per cent, while Pilbara Minerals sank 56 per cent following diminished demand from China for Australian commodities. Skin grafting company PolyNovo, which continues to be one of the most shorted companies on the bourse, plunged 48 per cent while pathology company Healius struggled with rising costs in the healthcare sector and dropped 47 per cent. Reduced discretionary spending ate into the share price of Webjet and Domino's Pizza as Australians were crippled by tighter budgets. Domino's also sank as it closed 172 outlets in Japan and about 30 elsewhere as pizza-eaters outside Australia and New Zealand turn away from the store. The ASX 200's rise comes as similar surges were seen in the United States and Europe. The Nasdaq Composite rose almost 14 per cent, the S&P 500 added 13 per cent and the Dow Jones finished up about 12.6 per cent while the STOXX Europe 600 index rose 5.5 per cent.
West Australian
21-05-2025
- Business
- West Australian
Regis Resources expands open-pit and underground reserves at Duketon
Regis Resources has expanded both its open-pit and underground ore reserves at Duketon in the northern Goldfields during the past year. Regis told the Australian Securities Exchange this week that Duketon open-pit ore reserves grew to 640,000 ounces across several open pits and stockpiles. The company also said exploration delivered the fifth consecutive year of underground ore reserves growth, with an expansion of 550 per cent since 2019. Duketon underground now had 441,000oz of ore reserves, it said. Overall, across both Duketon and the Tropicana gold mine — which Regis holds 30 per cent of in a joint venture with global mining giant AngloGold Ashanti — Regis had total mineral resources of 7.5 million ounces and ore reserves of 1.7Moz. The ore reserve figure has fallen from 3.5Moz a year ago because that figure included 1.89Moz at the McPhillamys project in New South Wales, which has since become the subject of court action by Regis after former Federal environment minister Tanya Plibersek's rejection of the $1 billion project on Aboriginal cultural heritage protection grounds last August. The 7.5Moz mineral resources figure is an increase on the 7Moz of a year ago. Regis managing director and chief executive Jim Beyer said the latest update reflected the strength of the company's disciplined and systematic investment in exploration and mine planning. 'At Duketon, we've grown open-pit ore reserves and achieved a fifth consecutive year of underground reserve growth, a direct outcome of the team's deep geological insight and focus on converting resources into reserves,' he said. 'Our exploration programs continue to enhance the mineral resource base, and we remain confident in the ongoing potential for further growth and life extension across our portfolio. 'At Tropicana, we've seen strong reserve growth in the underground areas, further reinforcing the long-term value from that operation. 'These outcomes continue to support our long-term strategy to expand our underground portfolio while delivering ongoing reserve conversion and mine-life extension across our existing operations.'
