GBAF Logo
Global Banking & Finance Awards® 2026 Nominations open, free to enter Nominate now →
R

Reach Resources RR1.AX · AUD

Materials · ASX · 🇦🇺 Australia

Compare

0.01

0.00%

Close of 9 Nov 2026, in AUD

Search any instrument

Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

About Reach Resources

Its shares trade on ASX under the ticker RR1.AX. It has been listed since 6 November 2002. In the fiscal year to 30 June 2025, it reported a net loss of A$950,300. At that date it held total assets of A$14.2m and shareholders' equity of A$14.0m.

Reach Resources Ltd. is an exploration company, which engages in the exploration of gold and base metals. The company is headquartered in Perth, Western Australia. The company went IPO on 2002-11-06. The firm holds a portfolio of gold properties in a producing gold district in Western Australia. Its projects include Skyline Rare Earth Project, Critical Elements Rare Earth Project and Primrose Gold Project. Its Skyline Rare Earth Project is located in the Gascoyne Province of Western Australia and consists of 100% owned exploration license application ELA 09/2643, covering an area of 247 square kilometers (km2), which is considered to be prospective for monazite hosted rare earth elements. Its Critical Elements Rare Earth Project is located in the Gascoyne Province of Western Australia and consists of two exploration licenses: EL 09/2354 and EL 09/2377, covering a land area of 59km2. The Primrose Gold Project is located approximately 420 kilometer northeast of Perth and is serviced by the sealed Great Northern highway that crosses the central southern end of the project area.

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Materials
Industry
Metals & Mining
Listed since
6 Nov 2002

Leadership

Pay as last reported

  • Mr. Robert DowneyNon-Executive Chairman of the Board
  • Mr. Jeremy BowerChief Executive Officer
  • Mr. Chris AchurchCompany Secretary
  • Mr. Matthew O KaneNon-Executive Director
  • Mr. Sam WrightNon-Executive Director

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
0
Environment
0
Social
0
Governance
0

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Reach Resources holds 100% ownership of the Skyline Rare Earth Project covering 247 km2 in Gascoyne Province.
  • The Critical Elements Rare Earth Project spans 59 km2 across two exploration licenses in Gascoyne Province.
  • The Primrose Gold Project is accessible via the Great Northern highway 420 km northeast of Perth.

Weaknesses

  • The company's portfolio focuses solely on exploration without production activities.
  • Reach Resources has no established mining operations within its project areas.
  • The firm's projects are located in remote regions requiring significant infrastructure development.

Opportunities

  • The Gascoyne Province is known for its rare earth element potential in monazite deposits.
  • Western Australia's mining sector continues to attract investment in base metals exploration.
  • The Primrose Gold Project could benefit from increased gold market demand.

Threats

  • Rare earth element projects face competition from established mining companies in Australia.
  • The remote location of projects increases operational costs and logistical challenges.
  • Exploration activities are subject to regulatory delays in Western Australia.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.