a nice cup, isn't it
No growth? but price target is $3.74
Revenue -3.75%
Earning -7.66%
Over a fifth of its total assets are in physical assets and inventory.
https://simplywall.st/stocks/au/mat...ing-limited-asxrsg-strong-health-poor-growth/
It's wrong to say revenue growth will result in lesser earning growth.
Rsg doesn't expand the company but its recent stakes in Randgold told me the company wants to expand.
It's an underlying revenue growth albeit a little bit.
As a junior miner, the most important thing is to make money. If It cannot make money how could it expand.
It doesn't necessary to acquire more resources as long as its explorations are happening and I bet those guys don't know anything explorations.
They're very alegic to negative EPS/PE
Growth will happen when Rsg see good explorations ground and It will start to deploy capitals for its growth story
Rsg invested heavily in machineries to increase productivity. Those machines do make money and reduce manpower costs and safety as well.
If those robots could pull out as much as they sound then Rsg will have better earning growth based on its production outputs.
Let's squeeze
a nice cup, isn't it No growth? but price target is $3.74...
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