HomeRNX : Royal Nickel Corporation Stock ProfileInvestingStocksRNX : Royal Nickel Corporation Stock Profile

RNX : Royal Nickel Corporation Stock Profile

RNX : Royal Nickel Corporation Stock Profile

Last Updated: 3/12/2024 0:47:16

Royal Nickel Corporation trades with the ticker RNX on the TSX and is in the Other Industrial Metals & Mining industry.

Overview
Royal Nickel Corporation, doing business as RNC Minerals, operates as a multi-asset mineral resource company focusing primarily on the acquisition, exploration, evaluation, and development of base metal and precious metal properties. The company explores for nickel, copper, cobalt, gold, and precious metal deposits. Its primary assets are its 100% interests in the Beta Hunt Mine and the Higginsville Gold Operations located in Western Australia. The company was incorporated in 2006 and is headquartered in Toronto, Canada.
 

Looking to invest in Royal Nickel Corporation? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.

RNX.TO Stock Price and Key Stats

ETF Key Stats

Exchange: TSX

Market Cap : $291.986MM

PE Ratio: 21.086

Price: 0.01 (Updated: 3/12/2024 0:47:16)



Royal Nickel Corporation (RNX) vs Competitors in Other Industrial Metals & Mining

Lets see how RNX.TO stacks up against others in the Other Industrial Metals & Mining asset management industry. We have identified its main peers as:

Almonty Industries Inc, Altius Minerals Corporation, Aquila Resources Inc, Ascendant Resources Inc, Auryn Resources Inc

.

Other Industrial Metals & Mining Industry Comparisons

Company Market Cap ($MM) P/E Ratio EV/EBITDA Dividend Yield
Almonty Industries Inc (AII) $142.672 N/A -183.262 N/A%
Altius Minerals Corporation (ALS) $888.413 49.658 16.638 1.7%
Aquila Resources Inc (AQA) $28.861 N/A 0.0 0.0%
Ascendant Resources Inc (ASND) $12.396 0.75 3.873 N/A%
Auryn Resources Inc (AUG) $347.59 N/A 0.0 0.0%

EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield  

Comparisons within Other Industrial Metals & Mining

  • Royal Nickel Corporation (RNX) vs Almonty Industries Inc (AII)
    • RNX has higher EPS (-0.031 vs -0.04). RNX provides dividends, while AII does not. AII has a P/E under 0, indicating RNX (P/E 21.086) is in a better position.
  • Royal Nickel Corporation (RNX) vs Altius Minerals Corporation (ALS)
    • ALS has higher EPS (0.38 vs -0.031). ALS has higher dividend yield (1.7% vs 0.0%). ALS has a higher P/E ratio (49.658 vs 21.086) indicating it’s more expensive.
  • Royal Nickel Corporation (RNX) vs Aquila Resources Inc (AQA)
    • AQA has higher EPS (-0.024 vs -0.031). AQA has higher dividend yield (0.0% vs 0.0%). AQA has a P/E under 0, indicating RNX (P/E 21.086) is in a better position.
  • Royal Nickel Corporation (RNX) vs Ascendant Resources Inc (ASND)
    • ASND has higher EPS (0.08 vs -0.031). RNX provides dividends, while ASND does not. RNX has a higher P/E ratio (21.086 vs 0.75) indicating it’s more expensive.
  • Royal Nickel Corporation (RNX) vs Auryn Resources Inc (AUG)
    • RNX has higher EPS (-0.031 vs -0.185). AUG has higher dividend yield (0.0% vs 0.0%). AUG has a P/E under 0, indicating RNX (P/E 21.086) is in a better position.

Our Recommendation: Hold
Shows positive EPS growth from this year to next, suggesting improving profitability.
 

How to Buy RNX stock on the TSX

You can buy on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:

ImageProduct TitleFeaturesPrice
Editor's Choice
Wealthsimple Trade

Wealthsimple Trade

  • ETF buys and sells have $0 trading fees
  • Desktop and mobile trading
  • Reputable Brand
  • Beautiful Design
Get $25 Signup Bonus
Reliable Pick
Questrade

Questrade

  • ETF buys have $0 trading fees
  • Desktop and mobile trading
  • Most types of accounts available
Get $50 Free Stock Trades
 

Leave a Reply

Your email address will not be published. Required fields are marked *

Wealth Awesome

Get a clear path to your financial goals

Copyright: © 2024 Wealth Awesome

Index