Rand Mining Ltd

AU:RND Australia Gold
Market Cap
$86.99 Million
AU$140.48 Million AUD
Market Cap Rank
#26899 Global
#640 in Australia
Share Price
AU$2.47
Change (1 day)
+0.41%
52-Week Range
AU$1.64 - AU$2.87
All Time High
AU$2.87
Categories
Companies in Australia Gold
About

Rand Mining Limited engages in the exploration, development, and production of mineral properties in Australia. It explores for silver and gold deposits. The company holds a 12.25% interest in the East Kundana Joint Venture located to the west northwest of Kalgoorlie and north east of Coolgardie. It also has a 50% interest in the Seven Mile Hill project. The company was formerly known as Rand Min… Read more

Rand Mining Ltd (RND) - Net Assets

Latest net assets as of June 2025: AU$106.11 Million AUD

Based on the latest financial reports, Rand Mining Ltd (RND) has net assets worth AU$106.11 Million AUD as of June 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$112.74 Million) and total liabilities (AU$6.63 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.

Key Net Assets Metrics

Metric Value
Current Net Assets AU$106.11 Million
% of Total Assets 94.12%
Annual Growth Rate 8.31%
5-Year Change 17.66%
10-Year Change 55.5%
Growth Volatility 26.21

Rand Mining Ltd - Net Assets Trend (1989–2025)

This chart illustrates how Rand Mining Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Rand Mining Ltd (1989–2025)

The table below shows the annual net assets of Rand Mining Ltd from 1989 to 2025.

Year Net Assets Change
2025-06-30 AU$106.11 Million +7.55%
2024-06-30 AU$98.67 Million +1.00%
2023-06-30 AU$97.69 Million +2.66%
2022-06-30 AU$95.16 Million +5.51%
2021-06-30 AU$90.19 Million +4.88%
2020-06-30 AU$85.99 Million -8.07%
2019-06-30 AU$93.54 Million -12.59%
2018-06-30 AU$107.01 Million +36.06%
2017-06-30 AU$78.65 Million +15.25%
2016-06-30 AU$68.24 Million +29.66%
2015-06-30 AU$52.63 Million +15.16%
2014-06-30 AU$45.70 Million +7.15%
2013-06-30 AU$42.66 Million +22.19%
2012-06-30 AU$34.91 Million +9.08%
2011-06-30 AU$32.00 Million +21.13%
2010-06-30 AU$26.42 Million +68.94%
2009-06-30 AU$15.64 Million +11.27%
2008-06-30 AU$14.05 Million +5.72%
2007-06-30 AU$13.29 Million +35.51%
2006-06-30 AU$9.81 Million +8.38%
2005-06-30 AU$9.05 Million -14.26%
2004-06-30 AU$10.56 Million +22.94%
2003-06-30 AU$8.59 Million +16.16%
2002-06-30 AU$7.39 Million +121.84%
2001-06-30 AU$3.33 Million +11.83%
2000-06-30 AU$2.98 Million +2.30%
1999-06-30 AU$2.91 Million +19.54%
1998-06-30 AU$2.44 Million -19.06%
1997-06-30 AU$3.01 Million -11.23%
1996-06-30 AU$3.39 Million -2.23%
1995-06-30 AU$3.47 Million -9.43%
1994-06-30 AU$3.83 Million -12.34%
1993-06-30 AU$4.37 Million -11.59%
1992-06-30 AU$4.94 Million -33.38%
1991-06-30 AU$7.42 Million +6.44%
1990-06-30 AU$6.97 Million +16.32%
1989-06-30 AU$5.99 Million --

Equity Component Analysis

This analysis shows how different components contribute to Rand Mining Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have grown by 9785136400.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (June 2025)

Component Amount Percentage
Retained Earnings AU$94.40 Million 88.97%
Common Stock AU$11.71 Million 11.03%
Total Equity AU$106.11 Million 100.00%

Rand Mining Ltd Competitors by Market Cap

The table below lists competitors of Rand Mining Ltd ranked by their market capitalization.

Company Market Cap
PPK Group Limited
PINK:PLPKF
 		$14.55 Million
Alaska Energy Metals Corporation
OTCQB:AKEMF
 		$14.55 Million
Adaptimmune Therapeutics Plc
NASDAQ:ADAP
 		$14.55 Million
Atende S.A.
WAR:ATD
 		$14.55 Million
Vext Science Inc
OTCQX:VEXTF
 		$14.55 Million
Foresta Group Holdings Ltd
AU:FGH
 		$14.55 Million
Ewein Bhd
KLSE:7249
 		$14.55 Million
Eastwood Bio-Medical Canada Inc
PINK:EWOOF
 		$14.54 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Rand Mining Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 98,666,235 to 106,111,400, a change of 7,445,165 (7.5%).
  • Net income of 13,132,761 contributed positively to equity growth.
  • Dividend payments of 5,687,596 reduced retained earnings.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income AU$13.13 Million +12.38%
Dividends Paid AU$5.69 Million -5.36%
Total Change AU$- 7.55%

Book Value vs Market Value Analysis

This analysis compares Rand Mining Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 1.32x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has decreased from 24.80x to 1.32x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1989-06-30 AU$0.10 AU$2.47 x
1990-06-30 AU$0.12 AU$2.47 x
1991-06-30 AU$0.12 AU$2.47 x
1992-06-30 AU$0.25 AU$2.47 x
1993-06-30 AU$0.22 AU$2.47 x
1994-06-30 AU$0.20 AU$2.47 x
1995-06-30 AU$0.18 AU$2.47 x
1996-06-30 AU$0.17 AU$2.47 x
1997-06-30 AU$0.11 AU$2.47 x
1998-06-30 AU$0.12 AU$2.47 x
1999-06-30 AU$0.11 AU$2.47 x
2000-06-30 AU$0.11 AU$2.47 x
2001-06-30 AU$0.12 AU$2.47 x
2002-06-30 AU$0.21 AU$2.47 x
2003-06-30 AU$0.20 AU$2.47 x
2004-06-30 AU$0.25 AU$2.47 x
2005-06-30 AU$0.22 AU$2.47 x
2006-06-30 AU$0.23 AU$2.47 x
2007-06-30 AU$0.31 AU$2.47 x
2008-06-30 AU$0.32 AU$2.47 x
2009-06-30 AU$0.32 AU$2.47 x
2010-06-30 AU$0.54 AU$2.47 x
2011-06-30 AU$0.53 AU$2.47 x
2012-06-30 AU$0.57 AU$2.47 x
2013-06-30 AU$0.70 AU$2.47 x
2014-06-30 AU$0.75 AU$2.47 x
2015-06-30 AU$0.87 AU$2.47 x
2016-06-30 AU$1.13 AU$2.47 x
2017-06-30 AU$1.31 AU$2.47 x
2018-06-30 AU$1.78 AU$2.47 x
2019-06-30 AU$1.56 AU$2.47 x
2020-06-30 AU$1.43 AU$2.47 x
2021-06-30 AU$1.51 AU$2.47 x
2022-06-30 AU$1.67 AU$2.47 x
2023-06-30 AU$1.72 AU$2.47 x
2024-06-30 AU$1.73 AU$2.47 x
2025-06-30 AU$1.87 AU$2.47 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Rand Mining Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): 12.38%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 30.34%
  • • Asset Turnover: 0.38x
  • • Equity Multiplier: 1.06x
  • Recent ROE (12.38%) is above the historical average (4.88%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1989 7.48% 10.90% 0.39x 1.78x AU$-151.10K
1990 -10.89% -11.73% 0.59x 1.56x AU$-1.46 Million
1991 6.05% 22450.00% 0.00x 1.02x AU$-292.80K
1992 -36.44% 0.00% 0.00x 1.04x AU$-2.30 Million
1993 -13.12% 0.00% 0.00x 1.01x AU$-1.01 Million
1994 -14.36% 0.00% 0.00x 1.00x AU$-933.00K
1995 -10.41% 0.00% 0.00x 1.02x AU$-707.90K
1996 -3.60% 0.00% 0.00x 1.02x AU$-461.13K
1997 -16.44% -326.79% 0.05x 1.04x AU$-795.93K
1998 -23.56% 0.00% 0.00x 1.09x AU$-817.68K
1999 9.51% 0.00% 0.00x 1.05x AU$-14.26K
2000 2.25% 0.00% 0.00x 1.05x AU$-230.90K
2001 -38.20% 0.00% 0.00x 1.22x AU$-1.61 Million
2002 -4.82% -43.08% 0.08x 1.32x AU$-1.10 Million
2003 14.21% 15.09% 0.84x 1.12x AU$361.20K
2004 18.66% 24.15% 0.73x 1.05x AU$914.20K
2005 -21.71% -50089.22% 0.00x 1.42x AU$-2.87 Million
2006 5.96% 7.36% 0.40x 2.01x AU$-396.53K
2007 14.99% 18.11% 0.54x 1.54x AU$663.57K
2008 15.33% 16.15% 0.63x 1.50x AU$749.51K
2009 10.17% 13.54% 0.50x 1.49x AU$26.15K
2010 15.70% 27.51% 0.48x 1.20x AU$1.51 Million
2011 16.84% 41.01% 0.34x 1.21x AU$2.19 Million
2012 9.03% 20.63% 0.33x 1.32x AU$-337.79K
2013 17.71% 28.14% 0.51x 1.23x AU$3.29 Million
2014 6.43% 10.24% 0.55x 1.15x AU$-1.63 Million
2015 13.87% 29.98% 0.40x 1.16x AU$2.04 Million
2016 22.40% 47.60% 0.39x 1.20x AU$8.46 Million
2017 21.01% 47.35% 0.34x 1.29x AU$8.66 Million
2018 20.66% 49.31% 0.34x 1.22x AU$11.40 Million
2019 72.04% 84.77% 0.66x 1.29x AU$58.03 Million
2020 -1.79% -60.47% 0.03x 1.10x AU$-10.13 Million
2021 16.86% 35.18% 0.43x 1.12x AU$6.18 Million
2022 11.20% 33.24% 0.31x 1.10x AU$1.14 Million
2023 8.42% 27.28% 0.30x 1.04x AU$-1.55 Million
2024 6.75% 19.17% 0.33x 1.06x AU$-3.20 Million
2025 12.38% 30.34% 0.38x 1.06x AU$2.52 Million

Industry Comparison

This section compares Rand Mining Ltd's net assets metrics with peer companies in the Gold industry.

Industry Context

  • Industry: Gold
  • Average net assets among peers: $39,500,222
  • Average return on equity (ROE) among peers: -1151.64%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Rand Mining Ltd (RND) AU$106.11 Million 7.48% 0.06x $14.55 Million
Australasian Metals Ltd (A8G) $7.19 Million -3.48% 0.03x $1.25 Million
Ariana Resources Plc (AA2) $21.37 Million -1.02% 0.03x $43.13 Million
Aruma Resources Ltd (AAJ) $1.10 Million -25.68% 0.39x $2.13 Million
Astral Resources NL (AAR) $5.74K -11421.79% 0.13x $145.04 Million
Adelong Gold Ltd (ADG) $4.53 Million -12.96% 0.02x $6.07 Million
Ardiden Ltd (ADV) $4.59 Million -31.81% 0.14x $10.44 Million
Ark Mines Ltd (AHK) $-5.30 Million 0.00% 0.00x $7.52 Million
Aureka Ltd (AKA) $3.84 Million -18.30% 0.11x $6.48 Million
Alkane Resources Ltd (ALK) $345.69 Million 9.56% 0.57x $207.18 Million
Alchemy Resources Ltd (ALY) $11.99 Million -10.87% 0.03x $4.22 Million