Riedel Resources Limited [ASX:RIE] share price and news 2022

Company Description

Riedel Resources Limited (RIE) is an Australian based mining company focused on the exploration technology metals to supply the anticipated increased demand for electric vehicles and mobile devices in European markets. Riedel is focused on European technology metals projects with significant exploration and development potential and strong underlying market fundamentals.

Riedel Resources Limited belongs to Materials sector and under industry of Diversified Metals & Mining. You can get more information about this company via their website: http://www.riedelresources.com.au.

This a small cap company with market cap of 18 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 greater than both sector and market.

Earnings PE PB PE growth
Company 3 0 4.89 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 rie dividend grows in the recent years.

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