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Resources & Energy Group Limited
(Sydney:REZ)
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Rating:44Neutral
Price Target:
AU$0.01
▲(0.00% Upside)
Action:Reiterated
Date:09/30/26
The score is held down primarily by weak financial performance driven by persistent losses, minimal/zero revenue in FY2026, and ongoing negative free cash flow. Technical indicators are also mildly bearish with price below longer-term averages and negative MACD. A debt-free balance sheet provides some support, but valuation is constrained by loss-making status and the absence of a dividend yield.
Positive Factors
Debt-free balance sheet
Zero reported debt across all annual periods and positive equity reduce balance-sheet leverage and preserve flexibility for exploration and development spending. This cushion is valuable because the company remains loss-making and may need funding.
Negative Factors
No established revenue
Annual revenue fell from a small FY2025 base to zero in FY2026, showing that the company has not yet established a recurring commercial revenue stream. This leaves future funding and value creation dependent on successful project advancement and eventual production.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-free balance sheet
Zero reported debt across all annual periods and positive equity reduce balance-sheet leverage and preserve flexibility for exploration and development spending. This cushion is valuable because the company remains loss-making and may need funding.
Read all positive factors
Resources & Energy Group Limited (REZ) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$8.36M
Dividend YieldN/A
Average Volume (3M)689.06K
Price to Earnings (P/E)100.0
Beta (1Y)-0.03
Revenue Growth-100.00%
EPS Growth84.38%
CountryAU
Employees1
SectorBasic Materials
Sector Strength58
IndustryGold
Share Statistics
EPS (TTM)<0.01
Shares Outstanding929,277,340
10 Day Avg. Volume895,016
30 Day Avg. Volume689,057
Financial Highlights & Ratios
PEG Ratio0.18
Price to Book (P/B)0.78
Price to Sales (P/S)0.00
P/FCF Ratio-4.38
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Resources & Energy Group Limited Business Overview & Revenue Model
Company Description
Operating from Australia, Resources & Energy Group Limited specializes in the discovery, development, and extraction of gold and silver resources. A cornerstone of its activities is the East Menzies Gold project, an extensive operation situated to...
How the Company Makes Money
null...
Resources & Energy Group Limited Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
56
Neutral
Cash Flow
24
Negative
| Breakdown | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 153.44K | 0.00 | 0.00 | 0.00 |
| Gross Profit | -2.57K | -750.33K | -1.77K | -1.33K | -1.24M |
| EBITDA | -1.85M | -2.12M | -1.24M | -3.12M | -1.80M |
| Net Income | -519.49K | -2.15M | -1.24M | -3.12M | 163.79K |
Balance Sheet | |||||
| Total Assets | 13.19M | 11.04M | 11.81M | 10.77M | 13.75M |
| Cash, Cash Equivalents and Short-Term Investments | 897.71K | 17.35K | 1.06M | 704.98K | 3.86M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 1.46M | 2.36M | 1.48M | 1.09M | 1.02M |
| Stockholders Equity | 11.81M | 8.76M | 7.97M | 7.32M | 10.37M |
Cash Flow | |||||
| Free Cash Flow | -2.11M | -1.53M | -1.08M | -3.13M | 283.14K |
| Operating Cash Flow | -2.10M | -1.24M | -534.44K | -1.11M | 2.29M |
| Investing Cash Flow | 2.27K | -295.44K | -545.81K | -2.02M | -2.00M |
| Financing Cash Flow | 2.96M | 488.49K | 1.43M | 0.00 | 2.54M |
Resources & Energy Group Limited Technical Analysis
Negative
0.01
Price Trends
0.01
Neutral
0.01
Negative
0.01
Negative
Market Momentum
>-0.01
Negative
44.53
Neutral
44.44
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:REZ, the sentiment is Negative. The current price of 0.01 is below the 20-day moving average (MA) of 0.01, equal to the 50-day MA of 0.01, and below the 200-day MA of 0.01, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 44.53 is Neutral, neither overbought nor oversold. The STOCH value of 44.44 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:REZ.
Resources & Energy Group Limited Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
51 Neutral | AU$20.86M | -8.89 | -10.90% | ― | -2.10% | 21.74% | |
46 Neutral | AU$9.10M | -14.74 | -3.57% | ― | ― | -132.20% | |
44 Neutral | AU$8.36M | 100.00 | -4.33% | ― | -100.00% | 84.38% | |
44 Neutral | AU$7.93M | -0.73 | -31.65% | ― | ― | -118.69% | |
39 Underperform | AU$14.09M | -1.02 | -833.13% | ― | ― | -30.43% | |
36 Underperform | AU$10.03M | -2.18 | -22.91% | ― | ― | -27.91% |
* Basic Materials Sector Average
AU:REZ
Resources & Energy Group Limited
0.01
-0.01
-58.33%
AU:BNR
Bulletin Resources Limited
0.03
-0.03
-50.00%
AU:NAG
Nagambie Resources Limited
0.02
>-0.01
-11.11%
AU:MBK
Metal Bank Limited
0.01
>-0.01
-36.84%
AU:ICL
Iceni Gold Ltd.
0.02
-0.04
-71.67%
AU:KTA
Krakatoa Resources Ltd.
0.01
0.00
0.00%
Resources & Energy Group Limited Corporate Events
Resources & Energy Group Sets 2026 AGM as East Menzies Exploration Progresses
Sep 30, 2026
Resources Energy Group Limited, an ASX-listed mineral explorer and miner, is focused on the East Menzies project in Western Australia and projects in Queensland. The East Menzies tenements are prospective for gold, nickel, cobalt, copper, platinu...
Resources & Energy Group files FY26 governance statement and Appendix 4G
Sep 28, 2026
Resources Energy Group has lodged its annual Appendix 4G and Corporate Governance Statement for the year ended 30 June 2026, confirming its compliance framework against ASX Corporate Governance Council principles. The governance statement, curren...
Resources & Energy Group files 2026 annual report, outlines gold growth strategy
Sep 28, 2026
Resources Energy Group Limited has lodged its Annual Report for the year ended 30 June 2026, formally updating shareholders on its operations and financial performance. The release confirms the board’s approval of the report and directs inv...
REZ strikes high-grade gold at Maranoa as grade control drilling ramps up
Sep 15, 2026
Resources Energy Group Limited has reported high-grade gold intercepts from grade control reverse circulation drilling at its Maranoa Gold Project within the East Menzies Gold Project in Western Australia. The program, targeting mineralisation be...
REZ Secures $428k R&D Tax Refund to Advance East Menzies Exploration
Sep 14, 2026
Resources Energy Group has secured a A$428,266 cash refund from the Australian Taxation Office under the Federal Government’s Research and Development Tax Incentive. The refund relates to RD activities at its East Menzies Gold Project in FY...
Resources & Energy Group Director Sees Expiry of 8 Million Options
Sep 4, 2026
Resources Energy Group Limited has reported a change in director Gavin Rezos’ indirect interest, with 8,000,000 unlisted options exercisable at $0.08 each expiring on 31 August 2026 without consideration. Following the expiry, Rezos’ ...
Resources & Energy Group Updates Director Richard Poole’s Expired Options and Shareholdings
Sep 4, 2026
Resources Energy Group Limited has reported a change in director Richard Poole’s interests, confirming the expiry of 8,000,000 unlisted options exercisable at $0.08 each on 31 August 2026, held indirectly via Larrakeyah Pty Ltd as trustee f...
Resources & Energy Group Director’s Options Expire Without Share Sale
Sep 4, 2026
Resources Energy Group Limited has reported a change in the interests of director J Daniel Moore, reflecting an adjustment in his equity-based remuneration rather than a trade in the company’s shares. The company continues to rely on a mix ...
Resources & Energy Group Options Lapse, Simplifying Capital Structure
Sep 3, 2026
Resources Energy Group Limited has announced the expiry of 48 million listed options (REZAO), which carried an exercise price of A$0.08 and were scheduled to expire on 31 August 2026. The options lapsed unexercised, resulting in a reduction of po...
REZ Confirms Gold Extensions at Gigante Grande Prospect
Aug 30, 2026
Resources Energy Group has reported further reverse circulation drilling results from the Gigante Grande prospect at its East Menzies Gold Project, confirming gold mineralisation both within the existing resource area and in a southern extension ...
REZ advances Maranoa gold production as drilling extends East Menzies resources
Jul 31, 2026
Resources Energy Group has executed a binding term sheet and now a formal joint venture agreement with Rembrandt Mining to commence gold mining and production at its 100%-owned Maranoa Gold Deposit. The structure provides self-funded, near-term p...
Resources & Energy Group director restructures holding without changing overall stake
Jul 3, 2026
Resources Energy Group Limited has reported a change in the way director J Daniel Moore holds a portion of his shareholding, while confirming that his overall number of securities remains unchanged. A block of 10,000,000 ordinary shares previousl...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.