Rey Resources Limited [ASX:REY] share price and news 2022

Company Description

Rey Resources Limited (REY) is focused on exploring and developing energy resources in Western Australia’s Canning Basin and Perth Basin. REY holds a 100% interest in EP 487, the “Derby Block” and a 25% interest in two prospective Canning Basin petroleum exploration permits (EP457 and EP458) known as the ‘Fitzroy Blocks’.

Rey Resources Limited belongs to Energy sector and under industry of Coal & Consumable Fuels. You can get more information about this company via their website:

This a small cap company with market cap of 57 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 greater 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 2.24 0
Market 0.85 22.3 1.99 0.84
Sector 1.71 22.7 1.75 0.36

Dividend Growth Chart

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

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