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Company price
0.03 AUD 0.00(0%)
Last update at 2026-11-10T23:00:00Z
Market Cap
8.42M

Momentum Score

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Reward Minerals Ltd, together with its subsidiary, engages in the exploration and development of potash mineral properties in Australia and Canada. The company's project includes the Carnarvon Potash Project which covers an area of 219 square kilometers located in Carnarvon in Western Australia. Reward Minerals Ltd was incorporated in 1986 and is headquartered in Nedlands, Australia.

Source: TradingView
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Day Price Range
0.03
Low
0.03
High
52 Week Price Range
0.03
Low
0.06
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

Reward Minerals Ltd is an Australian mineral exploration and development company focused on salts and specialty minerals. Long-term growth drivers include fertilizer and industrial demand that may benefit potash-like products, advancement of its resource projects through exploration and permitting, and securing project financing. Investors may find exposure to undeveloped resource upside attractive, though returns depend on project execution and commodity cycles.

Key investment risks include exploration and development uncertainty, commodity-price volatility, permitting hurdles and the need for additional capital.

Risk Score
High

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
0.03
Dividend Yield
-
Revenue TTM
0.28M
Revenue Per Share
0.00
Gross Profit TTM
0.28M
Debt / Equity
-2.07
ROE
-251.41%
Net Debt
5.76M
ROCE
58.11%
Diluted EPS TTM
-0.02

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Income before tax -2.67M -23.90M -22.67M -3.91M -0.64M
Net income -2.52M -23.68M -22.67M -3.91M -1.24M
Selling general administrative 1.05M 0.36M 0.57M 0.78M 0.72M
Selling and marketing expenses - 0.51M 0.77M - -
Gross profit -0.11M -0.14M -0.13M -0.12M -0.18M
Reconciled depreciation - 0.14M 0.13M 0.15M 0.16M
Ebit -1.85M -23.64M -22.46M -3.74M -0.55M
Ebitda -1.74M -23.50M -22.41M -3.60M -0.39M
Depreciation and amortization 0.11M 0.14M 0.06M 0.15M 0.16M
Operating income -1.85M -0.93M -1.31M -3.74M -0.55M
Other operating expenses 1.85M 0.93M 1.38M 4.00M 1.12M
Interest expense 0.43M 0.26M 0.21M 0.16M 0.09M
Tax provision 0.00M 0.00M 0.00M 0.00M 0.00M
Interest income 0.43M 0.01M 0.02M 0.17M 0.10M
Net interest income - -0.25M -0.19M -0.17M -0.10M
Income tax expense -0.15M -0.23M -0.00M 0.35M 0.60M
Total revenue 0.25M 0.01M 0.02M 0.01M 0.00M
Total operating expenses 1.74M 0.79M 1.34M 4.00M 1.12M
Cost of revenue 0.11M 0.14M 0.16M 0.13M 0.18M
Total other income expense net -0.82M -22.97M -21.36M 0.19M -0.09M
Net income from continuing ops - -23.68M -22.67M -3.91M -0.64M
Net income applicable to common shares -2.52M -23.68M -22.67M -3.91M -0.64M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total assets 4.51M 5.73M 24.46M 44.47M 47.52M
Other current assets 0.04M 0.03M 0.03M - 0.05M
Total liab 7.75M 7.03M 4.33M 4.11M 3.48M
Total stockholder equity -3.24M -1.30M 20.13M 40.36M 44.04M
Other current liab 0.97M 0.34M 0.39M 0.54M 0.39M
Common stock 49.41M 49.02M 46.77M 44.44M 44.43M
Capital stock - 49.02M - 44.44M 44.43M
Retained earnings -64.41M -61.89M -38.21M -15.54M -11.63M
Other assets 0.05M - - 0.05M 0.05M
Cash 0.94M 2.21M 1.07M 1.70M 3.16M
Cash and equivalents 0.94M - - 1.70M 3.16M
Total current liabilities 7.70M 7.03M 4.33M 4.07M 3.36M
Net debt 5.76M 4.39M 2.13M 1.58M -0.48M
Short term debt 6.65M 6.60M 3.20M 3.23M 2.55M
Short long term debt - 6.55M - 3.15M 2.48M
Short long term debt total 6.69M 6.60M 3.20M 3.28M 2.68M
Other stockholder equity - - - - 11.24M
Property plant equipment 3.47M - - 42.64M 44.23M
Total current assets 1.00M 2.49M 1.15M 1.78M 3.24M
Net tangible assets - - - - 44.04M
Net receivables 0.02M 0.25M 0.05M 0.05M 0.06M
Inventory - - - - -0.03M
Accounts payable 0.09M 0.08M 0.74M 0.30M 0.42M
Accumulated other comprehensive income 11.76M 11.57M 11.57M 11.46M 11.24M
Non currrent assets other 0.93M 0.05M 23.04M 0.05M 0.05M
Non current assets total 3.52M 3.24M 23.31M 42.69M 44.28M
Capital lease obligations - 0.05M - 0.12M 0.20M
Long term debt total 0.05M - - 0.04M 0.12M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Investments - -3.30M -1.37M -1.50M -2.51M
Change to liabilities - - - - 0.20M
Total cashflows from investing activities -0.56M -3.30M -1.37M -1.50M -2.51M
Net borrowings - 3.19M - - 1.00M
Total cash from financing activities -0.00M 5.44M 2.35M 0.50M 1.10M
Change to operating activities - - - - 0.01M
Net income -2.52M -23.68M -22.67M -3.91M -0.64M
Change in cash -1.27M 1.14M -0.63M -1.46M -1.49M
Begin period cash flow 2.21M 1.07M 1.70M 3.16M 4.65M
End period cash flow 0.94M 2.21M 1.07M 1.70M 3.16M
Total cash from operating activities -0.70M -0.99M -1.62M -0.46M 0.16M
Issuance of capital stock - 2.30M 2.60M - 0.13M
Depreciation 0.11M - 0.13M - 0.16M
Other cashflows from investing activities 0.00M -1.12M - 0.12M -
Change to account receivables 0.22M -0.19M -0.00M - -0.01M
Sale purchase of stock 0.00M -0.06M -0.25M -0.00M -0.03M
Other cashflows from financing activities -0.00M - -1.37M 0.50M 1.00M
Change to netincome - - - - 0.19M
Capital expenditures 0.00M 3.53M 1.37M 1.62M 2.51M
Change in working capital 0.28M -0.36M -0.36M 0.01M 0.00M
Stock based compensation - - 0.09M - -
Other non cash items 1.43M -0.64M 21.19M - 0.47M
Free cash flow -0.70M -4.52M -2.99M -1.62M -2.51M

Peer Comparison*

Sector: Basic Materials Industry: Other Industrial Metals & Mining

Stock Name
Change
(AUD)
Price
(AUD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
RWD
Reward Minerals Ltd
-
-%
0.03 - 11.01 30.26 0.26 164.36 -5.18
BHP
BHP Group Ltd
-0.78
1.29%
59.61 20.70 15.82 5.10 4.00 3.51 6.71
RIO
Rio Tinto Ltd
-3.30
2.14%
150.57 14.04 12.02 4.03 2.49 2.85 6.74
GLC
Glencore Plc
0.27
2.69%
10.30 15.15 11.30 0.38 1.95 0.40 7.60
FMG
Fortescue Ltd
-0.37
2.40%
15.05 11.31 13.61 2.81 1.51 1.87 4.32

Profile*

Reward Minerals Ltd

Reward Minerals Ltd, together with its subsidiary, engages in the exploration and development of potash mineral properties in Australia and Canada. The company's project includes the Carnarvon Potash Project which covers an area of 219 square kilometers located in Carnarvon in Western Australia. Reward Minerals Ltd was incorporated in 1986 and is headquartered in Nedlands, Australia.

159 Stirling Highway, Nedlands, WA, Australia, 6009

61 8 9386 4699

Name Title Year Born
Dr. Michael Ruane B.Sc., MRACI Exec. Director NA
Mr. David Lawrence Hughes BSc., MAusIMM Chief Exec. Officer 1971
Ms. Bianca Taveira Company Sec. NA
Mr. David Lawrence Hughes BSc., MAusIMM Chief Executive Officer 1971
Dr. Michael Ruane B.Sc., MRACI Executive Director NA
Ms. Bianca Taveira Company Secretary NA
Mr. David Lawrence Hughes BSc., MAusIMM Chief Executive Officer 1971
Dr. Michael Ruane B.Sc., MRACI Executive Director NA
Ms. Bianca Taveira Company Secretary NA
Mr. David Lawrence Hughes BSc., MAusIMM Chief Executive Officer 1971

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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