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Resolute Mining Limited (GB:RSG)
LSE:RSG
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Earnings Data
Report Date
Feb 21, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
―Last Year’s EPS
-0.49Same Quarter Last Year
Strong Buy
Based on 4 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 22, 2019
|% Change Since: -42.90%
|Next Earnings Date:Aug 24, 2018
Earnings Call Sentiment|Positive
The earnings call presented a generally positive outlook with strong operational and financial performance, effective cost management, and promising exploration outcomes. However, challenges with VAT refunds and increased capital expenditure present areas of concern. Preparations for potential weather-related disruptions indicate proactive management.Company Guidance
During the Q2 2024 earnings call for RSG.AX, the company maintained its annual production guidance of 345,000 to 365,000 ounces at an AISC of $1,300 to $1,400 per ounce, reflecting a positive outlook despite challenges earlier in the year. The quarter saw production of nearly 91,000 ounces, contributing to a half-year total of 167,000 ounces. This performance aligns with expectations, allowing the company to reaffirm its guidance for the year. The All-In Sustaining Cost (AISC) came in at $1,402 per ounce, a significant improvement from previous levels, with further reductions anticipated. Financially, RSG.AX ended June with a net cash position of $97 million and cash and bullion totaling $143 million, supported by a strong operating cash flow of $47 million. Capital expenditures are expected to rise in the second half, particularly for the Syama project, with H2 CapEx projected around $80 million. The company is also advancing its exploration projects, notably in Mali and Guinea, and plans to release new Mineral Resource Estimates in the coming quarter. The long-term strategy remains focused on productivity, cost improvements, and organic growth.Operational and Production Success
Achieved almost 91,000 ounces for the quarter, leading to 167,000 ounces for the half year, aligning with expectations despite prior stoppages.
Strong Financial Performance
Generated $47 million in cash flow from operations, with a net cash position of $97 million at the end of June, supported by a healthy balance sheet of $143 million in cash and bullion.
Cost Management and Reduction
Reduced group AISCs to $1,402 per ounce, with plans to maintain costs between $1,300 to $1,400 per ounce due to decreased operating costs and higher gold prices.
Exploration and Expansion Progress
Active exploration in Mali and Guinea with promising drill results, leading to an anticipated Mineral Resource Estimate in the coming quarter.
Strong ESG and Safety Record
Maintained over 5.5 years LTI-free at Syama and 2.8 years LTI-free at Mako, indicating strong safety performance.
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GB:RSG Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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GB:RSG Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Aug 28, 2024 | 35.20p | 34.80p | -1.14% |
| Feb 29, 2024 | 16.65p | 18.05p | +8.41% |
| Aug 22, 2023 | 15.95p | 16.50p | +3.45% |
| Feb 23, 2023 | 14.38p | 13.72p | -4.52% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Resolute Mining Limited (GB:RSG) report earnings?
Resolute Mining Limited (GB:RSG) is schdueled to report earning on Feb 21, 2025, TBA Not Confirmed.
What is Resolute Mining Limited (GB:RSG) earnings time?
Resolute Mining Limited (GB:RSG) earnings time is at Feb 21, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Resolute Mining Limited stock?
The P/E ratio of Resolute Mining Limited is N/A.
What is GB:RSG EPS forecast?
Currently, no data Available
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