Australian gold miner operating the Duketon operations in WA and holding a stake in the Tropicana gold mine.
Australian gold miner operating the Duketon operations in WA and holding a stake in the Tropicana gold mine.
Pours gold bars at its own plants and sells to refiners at the spot gold price, sometimes locking prices ahead through forward sales, so earnings follow the gold price and the ounces produced. Duketon is operated by Regis itself, while Tropicana is a joint venture run by its partner, AngloGold Ashanti.
In one line: A mid-cap Western Australian gold producer.
Moat: none. Commodity gold producer with no structural cost or scale advantage over peers.
Headquarters: Perth, Australia · Founded: 1985 · Employees: 1,408
Size Regis Resources (RRL.AX) is an Australia Materials company (Precious Metals) with a market value of $3.49B, the 89th largest of 316 Australia companies the cockpit tracks. Shares closed at A$6.63 on 6 Nov 2026.
Performance Over six months the shares fell 3.5%, against -6.3% for the median peer and +4.1% for the Australia market (cap-weighted) — 10th highest of 21 in its peer set.
Growth Revenue grew 42.6% over the last twelve months (peer median +47.1%); the operating margin is 42.5% (peer median 45.0%).
Valuation It trades at 8.5× forward earnings against a peer median of 9.3× (8th cheapest of 17).
Price implies For today's price to make sense, revenue must grow about -10% a year for seven years (Req g). Recent delivered growth is +23%, so the hurdle is -33 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 48.5 points above its cost of capital (12.6% WACC).
Next results Next results expected around 24 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|---|
| Revenue | A$2.35B | A$2.35B | A$1.65B | A$1.26B | A$1.13B |
| Revenue growth | — | +43% | +30% | +11% | — |
| Gross profit | A$1.02B | A$1.02B | A$392M | A$53.2M | -A$3.75M |
| EBITDA | A$1.33B | A$1.33B | A$767M | A$402M | A$380M |
| Net income | A$715M | A$715M | A$254M | -A$186M | -A$24.3M |
| Free cash flow | A$884M | A$884M | A$602M | A$266M | A$128M |
| Capital expenditure | A$441M | A$441M | A$276M | A$274M | A$436M |
| Total debt | n/a | A$102M | A$119M | A$366M | A$384M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Regis Resources RRL.AX | $3.49B | -3% | +43% | 43% | 8.5× | -9.5% |
| Westgold Resources WGX.AX | $3.64B | -2% | +79% | 32% | 8.8× | -7.6% |
| Capricorn Metals CMM.AX | $4.42B | -1% | +45% | 58% | 17.6× | 12.7% |
| Vault Minerals VAU.AX | $4.19B | +21% | +35% | 33% | 13.0× | -0.1% |
| Northern Star Resources NST.AX | $25.3B | +19% | +19% | 35% | 17.8× | 17.5% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | RRL.AX | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -6.5% | -1.0% | 5th lowest of 21 |
| 6-month return | -3.5% | -6.3% | 10th highest of 21 |
| Distance from 52-week high | -33.7% | -27.0% | 7th lowest of 21 |
| Revenue growth (TTM) | +42.6% | +47.1% | 7th lowest of 17 |
| Operating margin | 42.5% | 45.0% | 8th lowest of 17 |
| Forward P/E | 8.5× | 9.3× | 8th cheapest of 17 |
| Growth the price implies (Req g, 7 yrs) | -9.5% | -0.1% | 4th least demanding of 16 |
| Growth delivered (Del g) | +23.5% | +27.4% | 6th lowest of 16 |
| Hurdle (Req g minus delivered) | -33.0 pp | -25.0 pp | 7th least demanding of 16 |
| ROIC minus cost of capital | +48.5 pp | +18.9 pp | 3rd highest of 20 |
| EV / EBITDA | 3.0× | 5.3× | 2nd cheapest of 15 |
| Net debt / EBITDA | -0.8× | -0.5× | 3rd least indebted of 15 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Regis Resources RRL.AX | Australia | $3.49B | -3% | +43% | 43% | 8.5× | -9.5% | +23.5% |
| Hochschild Mining HOC.L | United Kingdom | $3.37B | -27% | +37% | 44% | 9.8× | -10.7% | +14.1% |
| Westgold Resources WGX.AX | Australia | $3.64B | -2% | +79% | 32% | 8.8× | -7.6% | +33.7% |
| Aya Gold & Silver AYA.TO | Canada | $3.68B | +40% | +265% | 53% | 19.2× | 17.9% | +72.4% |
| Western Region Gold 601069.SS | China | $3.29B | -26% | +118% | n/a | 11.2× | 11.7% | +19.5% |
| Aris Mining ARIS.TO | Canada | $3.24B | -15% | +94% | 46% | 5.5× | 2.1% | +19.8% |
| Allied Gold AAUC.TO | Canada | $3.24B | -19% | +54% | 32% | 3.9× | n/a | n/a |
| Pan African Resources PAF.L | United Kingdom | $3.79B | -25% | +106% | 54% | 7.2× | -6.7% | +25.7% |
| Skeena Resources SKE.TO | Canada | $3.90B | +6% | n/a | n/a | n/a | n/a | n/a |
| Predictive Discovery PDI.AX | Australia | $3.08B | -13% | n/a | -28% | n/a | n/a | n/a |
| Emerald Resources NL EMR.AX | Australia | $3.04B | +6% | +40% | 61% | 15.2× | 1.5% | +26.4% |
| Lingbao Gold 3330.HK | Hong Kong | $2.94B | -28% | -10% | 22% | 8.0× | -5.6% | +17.8% |
| Wesdome Gold Mines WDO.TO | Canada | $2.92B | +6% | +49% | 57% | 7.8× | -10.7% | +33.5% |
| Vault Minerals VAU.AX | Australia | $4.19B | +21% | +35% | 33% | 13.0× | -0.1% | +59.0% |
| Fortuna Mining FVI.TO | Canada | $2.87B | -5% | +6% | 49% | 6.4× | -4.6% | +29.0% |
| Seabridge Gold SEA.TO | Canada | $2.87B | -8% | n/a | n/a | n/a | n/a | n/a |
| Centerra Gold CG.TO | Canada | $4.25B | +27% | +44% | 27% | 12.4× | 6.5% | +13.9% |
| Novagold Resources NG | United States | $2.81B | -27% | n/a | n/a | n/a | n/a | n/a |
| Capricorn Metals CMM.AX | Australia | $4.42B | -1% | +45% | 58% | 17.6× | 12.7% | +33.9% |
| West African Resources WAF.AX | Australia | $2.74B | +4% | +194% | 57% | 4.4× | -18.5% | +37.7% |
| Hunan Gold 002155.SZ | China | $4.72B | -33% | +1% | 4% | 15.3× | 11.1% | +27.4% |