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Ragusa Minerals Ltd (RAS) AI Stock Analysis

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AU:RAS

Ragusa Minerals Ltd

(ASX:RAS)

Select Model
Rating:41Neutral
Price Target:AUD 0.01â–¼(-6.67% Downside)
Action:reiterated
Date:10/14/26

The score is held down primarily by weak financial performance (persistent losses and recurring cash burn despite being debt-free) and bearish technical conditions (price below key moving averages with negative MACD and very low RSI). Valuation provides only limited support because the company is loss-making and has no dividend yield data to offset risk.

Positive Factors
Debt-free balance sheetA debt-free balance sheet materially reduces solvency and refinancing pressure while the company evaluates exploration opportunities. Low leverage preserves financial flexibility and avoids interest obligations, although the shrinking capital base limits how much strength this advantage provides.
Negative Factors
Sharp and volatile revenue declinePersistent revenue weakness indicates limited commercialization and an unstable operating base. A sharp latest-year decline reduces the company’s ability to fund exploration internally, makes earnings less predictable, and leaves future progress dependent on successful project development.

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

-60%-40%-20%0%20%40%60%AU:RAS-50.00%EWA+12.22%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
Market Cap
AUD 2.97M
Dividend Yield
―
Average Volume (3M)
93.15K
Price to Earnings (P/E)
-2.6
Beta (1Y)
0.50
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

Income statement and cash flow indicate a high-risk profile: revenue is small/volatile, gross profit is consistently negative, net losses persist, and operating/free cash flow are negative (ongoing cash burn). The main offset is a debt-free balance sheet, but equity/assets have trended down, reflecting erosion of the capital base.

Income Statement

8Very Negative

Balance Sheet

56Neutral

Cash Flow

24Negative
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
STOCH50.00Neutral

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 50.00 is Neutral, 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 8.05M-0.76-833.13%――-30.43%
AU:OZZAU:OZZ41NeutralAUD 5.49M-6.79146.21%――30.70%
AU:RASAU:RAS41NeutralAUD 2.97M-2.63-279.97%―-100.14%55.47%
AU:GSMAU:GSM41NeutralAUD 4.82M-4.00-84.70%――41.86%
AU:NPMAU:NPM37UnderperformAUD 3.66M0.4544.41%―――
AU:USMAU:USM37UnderperformAUD 3.45M-1.28-5360.07%――5.39%

* Basic Materials Sector Average

Performance Comparison

-50%-25%0%25%AU:RASAU:GSMAU:USMAU:KTAAU:OZZAU:NPMDec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
AU:RAS and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
AU:RASRagusa Minerals Ltd0.01-0.02-51.61%
AU:GSMGolden State Mining Ltd.0.01-0.01-50.00%
AU:USMPVW Resources Limited0.01-0.01-58.33%
AU:KTAKrakatoa Resources Ltd.0.010.000.00%
AU:OZZOzz Resources Ltd0.02-0.04-63.64%
AU:NPMNewPeak Metals Ltd.0.01-0.01-50.00%

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