Chart request - RRL, page-17

Take broker ratings with a grain of salt but.

Morgansrates RRL asAdd(1) -

Morgans assesses a strong fourth quarter, with FY21 guidance achieved. The performance from the Rosemont underground mine proved vital. The broker maintains its Add rating and lowers its target price to $3.93 from $4.08.

Regis Resources released FY22 guidance targeting 460-515koz of gold production at an all-in sustaining cost (AISC) of $1,290-$1,365/oz. This compares to FY21 overall production of 373koz at a cost of $1,373/oz.

While Tropicana contributed two months production, a planned shutdown completed in the quarter resulted in outsized reported costs, points out the analyst.

Target price is$3.93Current Price is$2.58Difference:$1.35
IfRRLmeets the Morgans target it will return approximately52%(excluding dividends, fees and charges).

Current consensus price target is$3.47, suggesting upside of34.4%(ex-dividends)

The company's fiscal year ends in June.

Forecast for FY21:

Morgans forecasts a full yearFY21dividend of8.00cents and EPS of14.00cents. At the last closing share price the estimated dividend yield is3.10%. At the last closing share price the stock's estimated Price to Earnings Ratio (PER) is18.43. How do these forecasts compare to market consensus projections? Current consensus EPS estimate is25.9, implying annual growth of-31.6%. Current consensus DPS estimate is8.6, implying a prospective dividend yield of3.3%. Current consensus EPS estimate suggests the PER is10.0.

Forecast for FY22:

Morgans forecasts a full yearFY22dividend of12.00cents and EPS of36.00cents. At the last closing share price the estimated dividend yield is4.65%. At the last closing share price the stock's estimated Price to Earnings Ratio (PER) is7.17. How do these forecasts compare to market consensus projections? Current consensus EPS estimate is28.6, implying annual growth of10.4%. Current consensus DPS estimate is9.7, implying a prospective dividend yield of3.8%. Current consensus EPS estimate suggests the PER is9.0.