|Bid||0.4150 x N/A|
|Ask||0.4200 x N/A|
|Day's Range||0.4100 - 0.4200|
|52 Week Range||0.3300 - 0.7900|
|Beta (5Y Monthly)||-0.76|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 6, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||0.83|
As previously stated in RNC's third quarter 2019 results news release dated November 6, 2019 , RNC will be transitioning to quarterly reporting of production results beginning in January 2020 . In line with industry standards, the Company will also provide annual production and cost guidance for 2020 during the first quarter of 2020.
As previously stated in RNC's third quarter 2019 results news release dated November 6, 2019 , RNC will be transitioning to quarterly reporting of production results and will provide production and cost guidance on an annual basis, as is industry standard.
RNC Announces Strong Third Quarter 2019 Results Including Production of 24,216 oz, Adjusted Earnings(2) of $8 million and Reiterates Second Half 2019 guidance
TORONTO , Oct. 17, 2019 /CNW/ - RNC Minerals (RNX.TO) ("RNC") is pleased to announce that another high-grade coarse gold discovery has been made at its Beta Hunt Mine in Western Australia . An estimated 3,200 ounces of coarse gold has been recovered from the 15 Level A Zone approximately 30 metres north of the Father's Day Vein that was uncovered last year (see RNC news release dated September 9, 2018 ). Paul Andre Huet , Chairman and CEO commented: "This is yet another example of Beta Hunt delivering rich pods of high-grade coarse gold.
TORONTO , Oct. 7, 2019 /CNW/ - RNC Minerals (RNX.TO) ("RNC" or the "Company") is pleased to announce consolidated gold production of 8,239 ounces for the month of September from its Beta Hunt and Higginsville mines in Western Australia . This is the third month of consistent production following the acquisition of Higginsville and brings total gold production for the third quarter of 2019 to 24,216 ounces. Paul Andre Huet , Chairman & CEO, commented: "September gold production of 8,239 ounces continues to demonstrate a strong production rate from our Western Australian assets.
TORONTO , Sept. 24, 2019 /CNW/ - RNC Minerals (RNX.TO) ("RNC") is pleased to announce that additional high-grade coarse gold has been recovered at its Beta Hunt Mine in Western Australia . Note 1: The accuracy of this estimate at this stage is considered to be +10%/-25% as it is based on the measurement of the estimated gold content for each of the samples by specific gravity determinations. It is important to note that these high-grade coarse gold discoveries exposed by normal mining practices are not included in the updated Beta Hunt Measured and Indicated Mineral Resource estimate of 944koz (10,104kt at 2.9 g/t) and Inferred Mineral Resource of 406koz (4,109kt at 3.1 g/t)2.
TORONTO , Sept. 23, 2019 /CNW/ - RNC Minerals (RNX.TO) ("RNC") is pleased to announce the following appointments: Graeme Sloan as Managing Director, Australian Operations, Johnna Muinonen as President, Dumont Nickel , and Alger St-Jean as Executive Vice President, Exploration and Resource Development, Dumont Nickel .
TORONTO , Sept. 20, 2019 /CNW/ - RNC Minerals (RNX.TO) ("RNC" or the "Company") is pleased to announce that it has closed its previously announced bought deal financing, including the partial exercise of the over-allotment option, of 46,156,000 units of the Company (the "Units"), at a price of $0.40 per Common Share (the "Issue Price"), for gross proceeds to the Company of $18,462,400 (the "Offering"). Each Unit consists of one common share in the capital of the Company (a "Common Share") and one-half of one common share purchase warrant (each whole common share purchase warrant, a "Warrant").
TORONTO , Sept. 17, 2019 /CNW/ - RNC Minerals (RNX.TO) (RNC) has re-filed on SEDAR its technical report prepared in respect of its gold resource update for the Beta Hunt Mine and Dumont Nickel Project ("Dumont") NI 43-101 compliant technical report ("feasibility study").
TORONTO , Sept. 6, 2019 /CNW/ - RNC Minerals (RNX.TO) ("RNC" or the "Company") is pleased to announce gold production for the month of August 2019 of 8,104 ounces. Paul Andre Huet , Chairman & CEO, commented: "August gold production of 8,104 ounces is further evidence of a strong start to the second half of the year, with total July-August production of 15,977 ounces. In addition, further to its press release dated August 26, 2019 , announcing an $18,000,000 bought deal financing (the "Offering"), the Company has agreed with Haywood Securities Inc., as lead underwriter on behalf of a syndicate of underwriters (collectively, the "Underwriters"), to amend the terms of the Offering.
RNC Minerals (RNX.TO) ("RNC" or the “Company") is pleased to announce that it has entered into an agreement with Haywood Securities Inc. ("Haywood") as lead underwriter and sole bookrunner, on its own behalf and on behalf of a syndicate of underwriters (together with Haywood, the "Underwriters"), pursuant to which the Underwriters have agreed to purchase, on a “bought deal” basis, 45,000,000 common shares of the Company (the "Common Shares"), at a price of $0.40 per Common Share (the “Issue Price”), for gross proceeds to the Company of $18,000,000 (the "Offering"). The Company has granted the Underwriters an over-allotment option, exercisable at the Issue Price for a period of 30 days following the closing of the Offering, to purchase up to an additional 6,750,000 Common Shares (representing 15% of the Common Shares offered pursuant to the Offering) to cover over-allotments, if any, or for market stabilization purposes.
TORONTO , Aug. 23, 2019 /CNW/ - RNC Minerals (RNX.TO) ("RNC") is pleased to announce that mining is underway at its Baloo Stage I open pit. The fully funded and permitted Baloo Stage I pit is expected to provide material to supply the HGO plant with approximately 30,000 tonnes per month until year end. Baloo Stage II is currently in the permitting process.
TORONTO , Aug. 21, 2019 /CNW/ - RNC Minerals (RNX.TO) ("RNC") is pleased to announce that gold production for the month of July 2019 was 7,873 ounces. Paul Andre Huet , Chairman & CEO commented: "As promised during our quarterly call, we are providing more frequent updates. Production of approximately 7,900 ounces during the month of July 2019 is an excellent result for our first full calendar month of consolidated operations following the acquisition of the Higginsville Gold Operation (HGO). Material processed during July was comprised of Beta Hunt mined and stockpile, with excellent recoveries in the 92-94% range.
Royal Nickel Corporation (TSE:RNX) shareholders have seen the share price descend 14% over the month. But that doesn't...
RNC Announces Second Quarter 2019 Results; Integration of Higginsville Gold Operations Proceeding on Target
TORONTO , Aug. 13, 2019 /CNW/ - RNC Minerals (RNX.TO) ("RNC") is pleased to announce that a technical report prepared in respect of its gold resource update for the Beta Hunt Mine, Kambalda, Western Australia ("Resource Update") has been filed under RNC's profile on SEDAR at www.sedar.com and on RNC's website at www.rncminerals.com.
RNC Minerals June 2019 Quarterly Production and Operations Update - 25% Reduction in Milling Costs Achieved as a Result of HGO Acquisition
TORONTO , July 18, 2019 /CNW/ - RNC Minerals ("RNC") (RNX.TO) announced today that Mark Selby , President and Chief Executive Officer ("CEO") has resigned for personal reasons from the Company effective immediately. Paul Andre Huet , Executive Chair of the Board, has been appointed Interim CEO. " Mark Selby has been instrumental in the growth of RNC Minerals to establish the Company to where we are today.