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Ragnar Metals Limited
(Sydney:RAG)
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Rating:49Neutral
Price Target:
AU$0.02
▼(-5.00% Downside)
Action:Reiterated
Date:10/04/26
The score is held back primarily by weak financial performance (revenue collapse, ongoing operating losses, and persistent cash burn), partially offset by a clean, debt-free balance sheet. Technicals are broadly neutral-to-slightly bearish, and while the P/E appears low, valuation support is limited given the underlying profitability and cash flow concerns.
Positive Factors
Debt-Free Balance Sheet
A zero-debt balance sheet provides financial flexibility because the company is not burdened by scheduled principal repayments or interest obligations. This can help preserve resources for exploration, operations, or strategic investment and offers greater resilience during periods of weak earnings.
Negative Factors
Revenue Collapse
The latest revenue collapse shows that the company currently lacks dependable operating momentum. A move from 1.2m of revenue to zero leaves little evidence of a recurring commercial base, making future profitability and internal funding capacity highly dependent on restoring revenue generation.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-Free Balance Sheet
A zero-debt balance sheet provides financial flexibility because the company is not burdened by scheduled principal repayments or interest obligations. This can help preserve resources for exploration, operations, or strategic investment and offers greater resilience during periods of weak earnings.
Read all positive factors
Ragnar Metals Limited (RAG) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$9.28M
Dividend YieldN/A
Average Volume (3M)61.12K
Price to Earnings (P/E)―
Beta (1Y)0.74
Revenue GrowthN/A
EPS Growth83.33%
CountryAU
Employees1
SectorBasic Materials
Sector Strength58
IndustryOther Precious Metals
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding488,489,380
10 Day Avg. Volume300
30 Day Avg. Volume61,119
Financial Highlights & Ratios
PEG Ratio1.81
Price to Book (P/B)0.83
Price to Sales (P/S)0.00
P/FCF Ratio-14.17
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Ragnar Metals Limited Business Overview & Revenue Model
Company Description
Ragnar Metals Limited is dedicated to the discovery and assessment of mineral resources, with a focus on precious metals like gold and silver, alongside industrial metals including nickel, copper, and other base metals. The company boasts full own...
How the Company Makes Money
null...
Ragnar Metals Limited Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
63
Positive
Cash Flow
22
Negative
| Breakdown | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 1.22M | 335.20K | 5.65K | 24.93K |
| Gross Profit | -22.02K | 1.22M | 335.20K | 5.65K | 25.43K |
| EBITDA | -1.05M | -198.89K | -2.41M | -61.00K | -982.90K |
| Net Income | -55.65K | -305.99K | 3.61M | -456.00K | -1.20M |
Balance Sheet | |||||
| Total Assets | 12.49M | 11.09M | 11.51M | 5.01M | 5.57M |
| Cash, Cash Equivalents and Short-Term Investments | 233.22K | 874.04K | 9.35M | 196.05K | 2.08M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 387.31K | 148.98K | 610.81K | 116.08K | 154.62K |
| Stockholders Equity | 12.10M | 10.94M | 10.90M | 4.90M | 5.42M |
Cash Flow | |||||
| Free Cash Flow | -710.37K | -2.31M | -2.24M | -1.87M | -2.46M |
| Operating Cash Flow | -710.37K | -1.25M | -679.25K | -82.94K | -339.44K |
| Investing Cash Flow | -28.88K | -7.28M | 7.94M | -1.80M | -2.12M |
| Financing Cash Flow | 98.43K | 52.43K | 1.89M | 0.00 | 1.15M |
Ragnar Metals Limited Technical Analysis
Negative
0.02
Price Trends
0.02
Negative
0.02
Negative
0.03
Negative
Market Momentum
>-0.01
Negative
47.85
Neutral
100.00
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:RAG, the sentiment is Negative. The current price of 0.02 is below the 20-day moving average (MA) of 0.02, below the 50-day MA of 0.02, and below the 200-day MA of 0.03, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 47.85 is Neutral, neither overbought nor oversold. The STOCH value of 100.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:RAG.
Ragnar Metals Limited Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
49 Neutral | AU$9.28M | -190.00 | -0.40% | ― | ― | 83.33% | |
49 Neutral | AU$8.11M | -3.03 | -82.45% | ― | ― | 59.88% | |
47 Neutral | AU$14.79M | -9.72 | -69.94% | ― | ― | 40.83% | |
46 Neutral | AU$16.81M | -1.29 | -37.03% | ― | ― | -48.85% | |
43 Neutral | AU$10.49M | -11.50 | -5.18% | ― | ― | 44.44% | |
43 Neutral | AU$8.19M | -1.40 | -30.13% | ― | ― | 2.57% |
* Basic Materials Sector Average
AU:RAG
Ragnar Metals Limited
0.02
>-0.01
-26.92%
AU:GED
Golden Deeps Limited
0.05
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-42.50%
AU:VMS
Astro Resources NL
0.10
-0.06
-37.50%
AU:EMU
Emu NL
0.02
>-0.01
-23.08%
AU:BM8
Pathfinder Resources Ltd
0.04
-0.20
-84.26%
AU:NYM
Narryer Metals Limited
0.07
0.03
89.19%
Ragnar Metals Limited Corporate Events
Ragnar Metals lodges ASX governance statement and Appendix 4G
Sep 30, 2026
Ragnar Metals Limited is an ASX-listed mineral exploration company that outlines its corporate governance framework, including board and management responsibilities, on its website. The company aligns its governance disclosures with Australian mar...
Ragnar Metals Details ASX Governance Compliance and Diversity Approach
Sep 30, 2026
Ragnar Metals Limited has published a comprehensive corporate governance statement outlining the extent to which it aligns with the ASX Corporate Governance Council’s Principles and Recommendations. The company has adopted a full suite of go...
Ragnar Metals Details Governance in 2026 Annual Report
Sep 30, 2026
Ragnar Metals Limited is an Australian-listed company operating in the resources sector, with its shares traded on the Australian Securities Exchange under the ticker RAG. The company is headquartered in West Perth, Western Australia, and is overs...
Ragnar Metals Sets Date and Director Nomination Deadline for 2026 AGM
Sep 24, 2026
Ragnar Metals Limited has scheduled its 2026 Annual General Meeting for 12 November 2026, in line with ASX listing rules and its constitution. The company will issue a formal Notice of AGM containing the agenda, participation details for sharehold...
Ragnar Metals Director Ariel King Lifts Indirect Shareholding in On-Market Purchase
Aug 27, 2026
Ragnar Metals Limited has reported a change in the indirect equity interests of director Ariel (Eddie) King, in line with ASX disclosure requirements. King’s holdings are spread across personal and corporate entities, including La Paz Resour...
Ragnar Metals Uncovers Multiple High-Grade Gold Shoots at Harnäs Project
Aug 16, 2026
Ragnar Metals has completed a 14-hole diamond drilling program at its Harnäs Gold Project, returning multiple shallow zones of gold mineralisation and several high-grade intervals. Results include a standout intersection of 13.5 metres at 1.6...
Ragnar Metals Begins Maiden Drilling at Swedish Harnäs Gold Project
Jul 31, 2026
Ragnar Metals has launched a maiden diamond drilling program at its Harnäs Gold Project in Sweden, marking a shift from surface exploration to direct testing of known high-grade gold zones. The Phase 1 campaign will comprise up to 12 holes ov...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.