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Resolute Mining (ASX:RSG) 3-Year RORE % : -134.09% (As of Jun. 2024)


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What is Resolute Mining 3-Year RORE %?

Return on Retained Earnings (RORE) is an indicator of a company's growth potential, it shows how much a company earns by reinvesting its retained earnings, i.e. profits after dividend payments. Resolute Mining's 3-Year RORE % for the quarter that ended in Jun. 2024 was -134.09%.

The industry rank for Resolute Mining's 3-Year RORE % or its related term are showing as below:

ASX:RSG's 3-Year RORE % is ranked worse than
95.78% of 2229 companies
in the Metals & Mining industry
Industry Median: -9.21 vs ASX:RSG: -134.09

Resolute Mining 3-Year RORE % Historical Data

The historical data trend for Resolute Mining's 3-Year RORE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Resolute Mining 3-Year RORE % Chart

Resolute Mining Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Dec19 Dec20 Dec21 Dec22 Dec23
3-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -517.78 10.34 65.58 15.37 -113.21

Resolute Mining Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
3-Year RORE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 25.52 15.37 -64.25 -113.21 -134.09

Competitive Comparison of Resolute Mining's 3-Year RORE %

For the Gold subindustry, Resolute Mining's 3-Year RORE %, along with its competitors' market caps and 3-Year RORE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Resolute Mining's 3-Year RORE % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Resolute Mining's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where Resolute Mining's 3-Year RORE % falls into.



Resolute Mining 3-Year RORE % Calculation

Resolute Mining's 3-Year RORE % for the quarter that ended in Jun. 2024 is calculated as:

3-Year RORE %=( Most Recent EPS (Diluted)- First Period EPS (Diluted) )/( Cumulative EPS (Diluted) for 3-year -Cumulative Dividends per Share for 3-year )
=( 0.009--0.227 )/( -0.176-0 )
=0.236/-0.176
=-134.09 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of 3-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Jun. 2024 and 3-year before.


Resolute Mining  (ASX:RSG) 3-Year RORE % Explanation

Return on Retained Earnings (RORE) is important to investors because it reveals a company's efficiency and growth potential. A higher RORE indicates a higher return. A high RORE indicates that the company should reinvest profits into the business. A lower RORE suggests that the company should distribute profits to shareholders by paying out dividends, since those dollars aren't generating much additional growth for the company.

There are a several different ways to arrive at the Return on Retained Earnings. The simplest way to calculate it is by using published information on Earnings per Share (EPS) and Dividend per Share (DPS) over a selected period. Here, 3-year period is chosen.

Be Aware

Please keep in mind that the RORE is relative to the nature of the business and its competitors. If another company in the same sector is producing a lower return on retained earnings, it doesn’t necessarily mean it’s a bad investment. It may just suggest the company is older and no longer in a high growth stage. At such a stage in the business cycle, it would be expected to see a lower RORE and higher dividend payout.


Resolute Mining 3-Year RORE % Related Terms

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Resolute Mining Business Description

Traded in Other Exchanges
Address
2 The Esplanade, Level 17, Perth, WA, AUS, 6000
Resolute Mining Ltd is an Australia-based gold producer. Its principal activities include gold mining, prospecting, and exploration of minerals. The company organizes its operations into business divisions, namely Mako (Senegal), and Syama (Mali). The firm generates the majority of its revenue from the Syama (Mali) segment. Syama is a robust, long-life asset comprising an underground mine and associated sulfide processing circuit, along with satellite open pit operations that provide ore feed to a separate oxide processing circuit. Mako is a high-quality, open-pit gold mine.