Redbank Copper Limited engages in the exploration, evaluation, and development of copper resources in Australia. Its flagship project is the Redbank Copper project located in the northeast of the Northern Territory. The company was formerly known as Redbank Mines Limited and changed its name to Redbank Copper Limited in 2009. Redbank Copper Limited was incorporated in 1993 and is based in Subiaco, Australia.
Research context
Redbank Copper Limited appears in PyInvesting’s Australia Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- AUD
- Sector
- Materials
- Industry
- Metals & Mining
These are the latest stored catalogue classifications, not a historical classification snapshot. An issuer description, classification effective date or currency may be unavailable. Check the issuer’s own disclosures and the observation dates before using these fields for research.
Review backtest assumptions and evidence before treating a chart or stored history as a research result.
5 years, 6 months ago
Redbank Copper Limited is currently in a long term downtrend where the price is trading 21.9% below its 200 day moving average.
From a valuation standpoint, the stock is 100.0% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 0.0.
Its net income has dropped by 5733.6% to $-717K since the same quarter in the previous year.
Finally, its free cash flow fell by 103.8% to $-862K since the same quarter in the previous year.
Based on the above factors, Redbank Copper Limited gets an overall score of 1/5.