Rubix Resources Limited (RB6) AI Stock Analysis

• Market Cap: N/A
• Dividend Yield: N/A
• Average Volume (3M): 14.88K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.12
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: AU
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 59
• Industry: Other Precious Metals
• EPS (TTM): N/A
• Shares Outstanding: 61,450,000
• 10 Day Avg. Volume: 12,087
• 30 Day Avg. Volume: 14,884
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.00
• Price to Cash Flow (P/CF): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

Rubix Resources Limited is rated low due to significant financial challenges, including an inability to generate revenue and weak cash flow. While the balance sheet remains stable with no debt, this is overshadowed by persistent losses. Technical indicators provide a neutral outlook, and the lack of valuation metrics like P/E and dividend yield limits the assessment. Overall, the company needs strategic initiatives to improve its financial health.

Rubix Resources Limited Business Overview & Revenue Model

Company Description

Rubix Resources Limited (RB6) is a company engaged in the exploration and development of mineral resources. The company primarily focuses on identifying and developing high-potential mineral projects that can yield significant returns. Its core activities include exploration for commodities such as gold, copper, and other valuable minerals across strategically located sites.

How the Company Makes Money

Rubix Resources Limited makes money through the discovery, development, and eventual commercialization of mineral resources. The company's revenue model is primarily based on the exploration and sale of mineral deposits. Once a viable mineral resource is identified, Rubix Resources may sell the rights to these deposits to larger mining companies or enter into joint ventures to develop the resources further. Additionally, the company might receive funding and investment from strategic partners interested in the potential yield of the projects. The success of Rubix Resources largely depends on its ability to discover economically viable mineral deposits and effectively manage exploration and development costs.

Rubix Resources Limited Financial Statement Overview

Summary

Rubix Resources Limited faces significant financial challenges due to its inability to generate revenue, resulting in persistent losses and weak cash flow performance. Despite a stable balance sheet with no debt, the lack of operational income and cash flow generation poses risks to the company's financial health. The overall evaluation highlights the need for strategic initiatives to improve revenue generation and profitability.

Income Statement

Rubix Resources Limited's income statement shows persistent losses with no revenue generation over the evaluated periods. The lack of revenue growth and negative EBIT and EBITDA margins reflect challenges in achieving profitability. The company's financial performance is constrained by its inability to generate revenue, resulting in a low score.

Balance Sheet

The balance sheet of Rubix Resources Limited reveals a stable equity base with no debt and a strong cash position. The company has maintained positive stockholders' equity, which contributes to a moderate score. However, the lack of asset growth and the absence of revenue-generating activities limit the potential for a higher evaluation.

Cash Flow

Cash flow analysis indicates a lack of consistent operating cash flow and free cash flow generation, with occasional reliance on financing activities. The absence of revenue has resulted in negative free cash flow, presenting challenges for the company's liquidity and cash management. The weak cash flow performance contributes to a low score.

Breakdown
Jun 2024	Jun 2023	Jun 2022	Jun 2021
Income Statement		Total Revenue
0.00	0.00	0.00	0.00
	Gross Profit
0.00	0.00	0.00	0.00
	EBIT
-4.91M	―	-769.14K	-278.69K
	EBITDA
-4.91M	-1.25M	-661.36K	0.00
	Net Income Common Stockholders
-5.45M	-1.43M	-769.14K	-298.69K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
2.35M	2.47M	3.81M	399.11K
	Total Assets
2.38M	2.49M	3.88M	410.07K
	Total Debt
0.00	0.00	1.16K	1.16K
	Net Debt
-2.35M	-2.47M	-3.81M	-397.95K
	Total Liabilities
171.63K	196.20K	134.21K	17.11K
	Stockholders Equity
2.21M	2.30M	3.75M	392.96K
Cash Flow		Free Cash Flow
-1.95M	―	-107.19K	-276.85K
	Operating Cash Flow
―	―	-410.00	-276.85K
	Investing Cash Flow
-201.54K	0.00	-106.78K	0.00
	Financing Cash Flow
―	-30.57K	3.92M	1.87M

Rubix Resources Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.09
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:RB6, the sentiment is Positive. The current price of 0.09 is above the 20-day moving average (MA) of 0.09, above the 50-day MA of 0.09, and above the 200-day MA of 0.08, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 67.39 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 Positive sentiment for AU:RB6.

Rubix Resources Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SFR	56 Neutral	AU$4.67B	35.21	5.11%	―	42.05%	―
Sector *	49 Neutral	$1.95B	-1.27	-21.38%	3.72%	0.83%	-29.30%
CHN	47 Neutral	€435.71M	―	-16.63%	―	―	57.93%
VML	43 Neutral	AU$17.69M	25.00	-4.50%	―	―	95.18%
RB6	31 Underperform		―		―	―	―
VR8	30 Underperform	AU$7.34M	―	-5.01%	―	―	58.46%

Rubix Resources Limited Corporate Events

Rubix Resources Prepares for Strategic Drilling at Paperbark Project

Rubix Resources Limited announced its preparation for drilling at the Grunter North prospect within the Paperbark project, with operations set to commence in early June. The company has been awarded a $275,000 grant to test a chargeability anomaly, potentially indicating copper sulphide mineralization. This initiative is supported by the Queensland department’s CEI initiative, highlighting the project’s significance in exploring critical minerals. Additionally, Rubix’s engagement with the Waanyi Native Title Aboriginal Corporation underscores its commitment to stakeholder collaboration and sustainable exploration practices.

Rubix Resources Secures $275,000 Grant for Copper Exploration at Paperbark Project

Rubix Resources Limited has been awarded a $275,000 grant from the Queensland Government’s Collaborative Exploration Initiative to support drilling at its Paperbark Project. This funding will facilitate the exploration of a significant chargeable anomaly beneath surface copper mineralisation at Grunter North, highlighting the project’s potential for critical mineral discovery and its strategic importance in the region.

Rubix Resources Limited Releases Interim Financial Statements for 2024

Rubix Resources Limited has released its interim financial statements for the period ending December 31, 2024. The report includes various financial documents such as the statement of profit or loss, financial position, cash flows, and changes in equity. This release provides stakeholders with a comprehensive overview of the company’s financial health and operational performance for the specified period.