Loading…
← CockpitCompetitor Analysis › RRL.AX Regis Resources LimitedOpen in the cockpit ↗

Regis Resources LimitedRRL.AXCompetitor analysis, valuation and peers

Australia · AUD·Materials›Precious Metals

Australian gold miner operating the Duketon operations in WA and holding a stake in the Tropicana gold mine.

≈ A mid-cap Western Australian gold producerMomentum weak 35
Mkt cap
$3.49B
US dollars, full cap
Free float
99%
of shares outstanding
$/day
$15.1M
20-day average traded
Fwd P/E
8.5×
forward earnings
ROIC−WACC
+48.5 pp
WACC 12.6%
Hurdle
-33 pp
Req g minus delivered
Next earnings
110 days
24 Feb 2027
Close · AUDA$6.63
1D-3.5%
1W+6.1%
1M-6.5%
3M-10.9%
6M-3.5%
YTD-12.2%
1Y-1.0%
ATR %4.6%
52w lowhigh33.7% off high

What Regis Resources does

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.

Products and services

  • Duketon gold operations
  • Tropicana gold mine (JV stake)

Customers

  • Gold refiners/bullion buyers

Where it sits in the supply chain

  • Precious metals mining
  • Gold mining
  • Gold processing

What could go right

  • Gold price strength
  • Underground ore grade improvements

What could go wrong

  • Gold price volatility
  • Rising input/labour cost inflation

Moat: none. Commodity gold producer with no structural cost or scale advantage over peers.

Headquarters: Perth, Australia · Founded: 1985 · Employees: 1,408

Named competitors

Regis Resources at a glance

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).

Relative performance

8010012011 May 202611 Aug 20266 Nov 2026RRL.AX 98Peer median 91
Six months, rebased to 100: Regis Resources against the median of its 20 peers (local-currency closes).

Regis Resources financials

Reported figures in AUD; fiscal year ends 2026-06-30. TTM = trailing twelve months.
TTMFY2026FY2025FY2024FY2023
RevenueA$2.35BA$2.35BA$1.65BA$1.26BA$1.13B
Revenue growth—+43%+30%+11%—
Gross profitA$1.02BA$1.02BA$392MA$53.2M-A$3.75M
EBITDAA$1.33BA$1.33BA$767MA$402MA$380M
Net incomeA$715MA$715MA$254M-A$186M-A$24.3M
Free cash flowA$884MA$884MA$602MA$266MA$128M
Capital expenditureA$441MA$441MA$276MA$274MA$436M
Total debtn/aA$102MA$119MA$366MA$384M

Quarterly statements and history in the cockpit →

Regis Resources competitor charts

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.

Performance: 6-month against 1-month return

-20%0%+20%-10%0%+10%HOCWGXAYA601069ARISAAUCPAFSKEPDIEMR3330WDOVAUFVISEACGCMMWAF002155RRL.AX6-month return →1-month return →
Up and to the right = strong over both horizons. Regis Resources is the large dot.

Fundamentals: revenue growth against valuation

0%+100%+200%5×10×15×20×HOCWGXAYA601069ARISAAUCPAFEMR3330WDOVAUFVICGCMMWAF002155RRL.AXRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Regis Resources is the large dot.

Capital: growth delivered against growth the price implies

-20%0%+20%+40%+60%0%25%50%75%HOCWGXAYA601069ARISPAF3330WDOVAUCGCMMWAFRRL.AXGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Regis Resources is the large dot.

Regis Resources competitors and peer comparison

Head to head with its named competitors (RRL.AX vs WGX.AX vs CMM.AX vs VAU.AX)
CompanyMarket cap6M returnRevenue growthOp. marginForward P/EReq 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%

How Regis Resources compares with its peers

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.

Regis Resources against its 20 peers (data as of 6 Nov 2026)
MeasureRRL.AXPeer medianRank 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 margin42.5%45.0%8th lowest of 17
Forward P/E8.5×9.3×8th 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 pp7th least demanding of 16
ROIC minus cost of capital+48.5 pp+18.9 pp3rd highest of 20
EV / EBITDA3.0×5.3×2nd cheapest of 15
Net debt / EBITDA-0.8×-0.5×3rd least indebted of 15

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Regis Resources RRL.AXAustralia$3.49B-3%+43%43%8.5×-9.5%+23.5%
Hochschild Mining HOC.LUnited Kingdom$3.37B-27%+37%44%9.8×-10.7%+14.1%
Westgold Resources WGX.AXAustralia$3.64B-2%+79%32%8.8×-7.6%+33.7%
Aya Gold & Silver AYA.TOCanada$3.68B+40%+265%53%19.2×17.9%+72.4%
Western Region Gold 601069.SSChina$3.29B-26%+118%n/a11.2×11.7%+19.5%
Aris Mining ARIS.TOCanada$3.24B-15%+94%46%5.5×2.1%+19.8%
Allied Gold AAUC.TOCanada$3.24B-19%+54%32%3.9×n/an/a
Pan African Resources PAF.LUnited Kingdom$3.79B-25%+106%54%7.2×-6.7%+25.7%
Skeena Resources SKE.TOCanada$3.90B+6%n/an/an/an/an/a
Predictive Discovery PDI.AXAustralia$3.08B-13%n/a-28%n/an/an/a
Emerald Resources NL EMR.AXAustralia$3.04B+6%+40%61%15.2×1.5%+26.4%
Lingbao Gold 3330.HKHong Kong$2.94B-28%-10%22%8.0×-5.6%+17.8%
Wesdome Gold Mines WDO.TOCanada$2.92B+6%+49%57%7.8×-10.7%+33.5%
Vault Minerals VAU.AXAustralia$4.19B+21%+35%33%13.0×-0.1%+59.0%
Fortuna Mining FVI.TOCanada$2.87B-5%+6%49%6.4×-4.6%+29.0%
Seabridge Gold SEA.TOCanada$2.87B-8%n/an/an/an/an/a
Centerra Gold CG.TOCanada$4.25B+27%+44%27%12.4×6.5%+13.9%
Novagold Resources NGUnited States$2.81B-27%n/an/an/an/an/a
Capricorn Metals CMM.AXAustralia$4.42B-1%+45%58%17.6×12.7%+33.9%
West African Resources WAF.AXAustralia$2.74B+4%+194%57%4.4×-18.5%+37.7%
Hunan Gold 002155.SZChina$4.72B-33%+1%4%15.3×11.1%+27.4%

Questions

Who are Regis Resources's main competitors?
Named competitors: Westgold Resources (WGX.AX), Capricorn Metals (CMM.AX), Vault Minerals (VAU.AX), Northern Star Resources (NST.AX). The cockpit's measured peer set (industry) also includes Hochschild Mining (HOC.L), Westgold Resources (WGX.AX), Aya Gold & Silver (AYA.TO), Western Region Gold (601069.SS), Aris Mining (ARIS.TO), Allied Gold (AAUC.TO).
Is Regis Resources expensive compared with its peers?
On forward p/e it trades at 8.5× against a peer median of 9.3×, 8th cheapest of 17 in its peer set. 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.
How has Regis Resources stock performed?
Over six months to 6 Nov 2026 the shares returned -3.5% against -6.3% for the median peer; over one year -1.0%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.