Redstone Resources Limited [ASX:RDS] share price and news 2022

Company Description

Redstone Resources Limited (RDS) is a mineral exploration company focused on exploration in the Western Musgrave Region of Australia. RDS is in the southeast portion of the prospective West Musgrave region of WA. The project is located central to the Cassini Resources Nebo Babel prospect to the West and the Metals X Ltd Wingellina Ni-Co project to the East.

Redstone Resources Limited belongs to Materials sector and under industry of Diversified Metals & Mining. You can get more information about this company via their website:

This a small cap company with market cap of 9 millions.

Compared to Market and Sector

The following table compares the company to Market and Sector based on Earning, Price/Earning ratio(P/E), Price/Book ratio (P/B) and PE growth.

Company PE is less than both sector and market. while Company PB is less than both sector and market. On the other hand, Company Earning is less than both sector and market.

Earnings PE PB PE growth
Company 0 0 0.92 0
Market 0.85 22.3 1.99 0.84
Sector 1.02 15.5 2.44 0.55

Dividend Growth Chart

The following chart shows you how rds dividend grows in the recent years.

No data