TipRanks
Go Ultimate55% OFF

Ragusa Minerals Ltd (RAS) AI Stock Analysis

AU:RAS

Ragusa Minerals Ltd

(ASX:RAS)

Select Model
Rating:37Underperform
Price Target:AUD 0.01â–¼(-6.67% Downside)
Action:downgraded
Date:10/14/26

The overall score is at the minimum of 37, reflecting a company in severe distress. The most significant factor is the dire financial performance, marked by a total revenue collapse, persistent and deep losses, and relentless cash burn that is rapidly depleting equity. This is compounded by a bearish technical trend with the stock trading below all major moving averages. The negative P/E ratio further confirms the lack of earnings power. The company's survival is contingent on securing external financing.

Positive Factors
Debt-free balance sheetThe absence of reported debt limits interest obligations and refinancing exposure, giving Ragusa greater flexibility while it evaluates exploration opportunities. Although the company remains loss-making, low leverage reduces the risk that financial distress is amplified by creditors during the next several quarters.
Negative Factors
Persistent cash burnRecurring negative operating and free cash flow means Ragusa cannot currently fund its activities from internally generated cash. Continued exploration and project evaluation therefore depend on maintaining external funding access, creating dilution or capital-raising pressure over the medium term.

Ragusa Minerals Ltd (RAS) vs. iShares MSCI Australia ETF (EWA)

-60%-40%-20%0%20%40%AU:RAS-58.33%EWA+13.51%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
AUD 2.97M
Dividend Yield
―
Average Volume (3M)
102.54K
Price to Earnings (P/E)
-2.6
Beta (1Y)
0.51
Revenue Growth
-100.14%
EPS Growth
55.47%
Country
Australia
Employees
0
Sector
Basic Materials
Sector Strength
61
Industry
Gold

Ragusa Minerals Ltd Business Overview & Revenue Model

Company Description

Ragusa Minerals Limited is an Australian company, incorporated in 2010 and based in Perth, which focuses on mineral exploration, primarily targeting gold deposits. The company adopted its current name in October 2020, having previously been known as...

Ragusa Minerals Ltd Financial Statement Overview

Summary

Financial health is critically distressed. Revenue has virtually disappeared, profitability is deeply negative with no sign of improvement, and the company is burning cash rapidly. The only mitigating factor is a debt-free balance sheet, but equity is eroding quickly, making the overall financial profile extremely weak.

Income Statement

1Very Negative

Balance Sheet

45Neutral

Cash Flow

5Very Negative
Financial statement breakdown
BreakdownTTMJun 2026Jun 2025Jun 2024Jun 2023Jun 2022
Income Statement
Total Revenue-553-512,09912.68K44.95K3,196
Gross Profit-106.64K-106.64K-257.60K-264.18K-43.68K-123.25K
EBITDA-1.06M-1.06M-379.39K575.76K-934.20K8,496
Net Income-1.06M-1.06M-1.83M-2.12M-2.19M-1.50M
Balance Sheet
Total Assets600.53K600.53K745.54K2.45M4.76M5.00M
Cash, Cash Equivalents and Short-Term Investments245.90K245.90K162.23K440.02K1.89M2.52M
Total Debt000000
Total Liabilities160.26K160.26K245.10K80.58K368.19K87.67K
Stockholders Equity440.27K440.27K500.44K2.37M4.39M4.91M
Cash Flow
Free Cash Flow-505.66K-505.66K-337.76K-1.45M-2.17M-1.90M
Operating Cash Flow-505.66K-505.66K-270.80K-740.05K-766.49K-894.67K
Investing Cash Flow-346.22K-346.22K-66.97K-710.28K-1.41M-1.23M
Financing Cash Flow935.90K935.90K60.00K01.54M431.47K

Ragusa Minerals Ltd Technical Analysis

Technical Analysis SentimentNegative
Last Price0.01

Price Trends

50DMA0.02Negative
100DMA0.02Negative
200DMA0.03Negative

Market Momentum

MACD-0.00Negative
RSI2.05Positive
STOCH100.00Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:RAS, the sentiment is Negative. The current price of 0.01 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 neutral trend. The MACD of -0.00 indicates Negative momentum. The RSI at 2.05 is Positive, 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:RAS.

Ragusa Minerals Ltd Peers Comparison

Overall Rating

UnderperformOutperform
Sector (61)

Financial Indicators

AU:RAS against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
Sector *61Neutral$10.43B7.12-0.05%2.87%2.86%-36.73%
AU:KTAAU:KTA43NeutralAUD 10.06M-0.85-833.13%――-30.43%
AU:OZZAU:OZZ41NeutralAUD 5.49M-6.79146.21%――30.70%
AU:GSMAU:GSM41NeutralAUD 4.34M-3.60-84.70%――41.86%
AU:RASAU:RAS37UnderperformAUD 2.97M-2.63-279.97%―-100.14%55.47%
AU:NPMAU:NPM37UnderperformAUD 4.27M0.5344.41%―――
AU:USMAU:USM37UnderperformAUD 3.45M-1.28-5360.07%――5.39%

* Basic Materials Sector Average

Performance Comparison

-60%-40%-20%0%20%AU:RASAU:GSMAU:USMAU:KTAAU:OZZAU:NPMDec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
AU:RAS and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
AU:RASRagusa Minerals Ltd0.01-0.02-61.54%
AU:GSMGolden State Mining Ltd.0.01-0.01-50.00%
AU:USMPVW Resources Limited0.01-0.02-65.52%
AU:KTAKrakatoa Resources Ltd.0.010.000.00%
AU:OZZOzz Resources Ltd0.02-0.04-63.64%
AU:NPMNewPeak Metals Ltd.0.01-0.01-54.55%

Ragusa Minerals Ltd Corporate Events

Ragusa Advances Arizona Manganese-Gold Project With New Drill Targets

Oct 28, 2026

Ragusa Minerals has reported progress at its Purple Pansy Manganese-Gold Project in Arizona, where recent geophysical induced polarisation survey work at the historic Black Rock Manganese Mine has identified strong anomalous trends along strike of kn...

Ragusa Minerals Sets Date and Format for 2026 Annual General Meeting

Oct 28, 2026

Ragusa Minerals Ltd has convened its Annual General Meeting for shareholders to be held on 27 November 2026 in Perth, Western Australia. The company has outlined the logistical arrangements for the meeting, including time, venue and proxy voting opti...

Ragusa Minerals Sets 2026 AGM, Targets Governance and Board Stability

Oct 28, 2026

Ragusa Minerals Ltd has called its 2026 Annual General Meeting for 27 November 2026 in Perth, setting 25 November 2026 as the shareholder record date for voting eligibility. Shareholders are invited to review the annual financial statements for the y...

Ragusa Minerals Sets AGM Date and Director Nomination Deadline

Oct 9, 2026

Ragusa Minerals Ltd has scheduled its Annual General Meeting for 27 November 2026 in Perth, with further meeting details to be circulated to shareholders via a formal Notice of Meeting and published on the ASX platform and the company’s website...

Ragusa Minerals Details Corporate Structure in 2026 Annual Report

Sep 30, 2026

Ragusa Minerals Ltd has released its annual financial report for the year ended 30 June 2026, outlining its corporate governance and key administrative arrangements. The report details the company’s directors, auditors, banking partners, regist...

Ragusa Minerals Reports Expiry of 1 Million Unexercised Options

Sep 9, 2026

Ragusa Minerals Ltd has reported the expiry of 1,000,000 listed options (RASAM) with an exercise price of $0.16, which ceased on 8 September 2026 without being exercised or converted. The lapse of these options marginally reduces the company’s...

Ragusa Marks Key Step at Arizona Manganese-Gold Project with New Drill Targets

Aug 18, 2026

Ragusa Minerals has completed an Induced Polarisation geophysical survey at the historic Black Rock Manganese Mine within its Purple Pansy Manganese-Gold Project in Arizona. Interpretation by independent consultants has identified strong anomalous tr...

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.

Date of analysis: Oct 14, 2026