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1 Comment
Rey Resources Limited is currently in a long term uptrend where the price is trading 3.8% above its 200 day moving average.
From a valuation standpoint, the stock is 100.0% cheaper than other stocks from the Energy sector with a price to sales ratio of 0.0.
Its net income has dropped by 0.5% to $-605K since the same quarter in the previous year.
Finally, its free cash flow grew by 64.2% to $-260K since the same quarter in the previous year.
Based on the above factors, Rey Resources Limited gets an overall score of 3/5.
Sector | Energy |
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Industry | Thermal Coal |
Exchange | AU |
CurrencyCode | AUD |
ISIN | AU000000REY9 |
Beta | 0.93 |
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Market Cap | 6M |
PE Ratio | None |
Target Price | 0.15 |
Dividend Yield | None |
Rey Resources Limited engages in the exploration and development of energy resources in Western Australia. It explores for natural gas, crude oil, and coal. The company holds a 100% interest in the Derby Block comprising a petroleum exploration permit EP487 covering an area of 5,020 square kilometers; and a 40% interest in the Fitzroy Blocks comprising petroleum permits EP457 and EP458 located in the Canning Basin. It also holds a 100% interest in the Duchess Paradise Coal project comprising two tenements located in the Canning Basin; and 7 conventional gas production licenses in Surat Gas project located in Surat Basin, Queensland. The company was incorporated in 2004 and is based in Sydney, Australia.
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