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Riversgold Ltd.
(Sydney:RGL)
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Rating:44Neutral
Price Target:
AU$0.01
▲(0.00% Upside)
Action:Reiterated
Date:10/05/26
The score is primarily constrained by weak financial performance (minimal revenue, widening losses, and rising cash burn), which increases future funding/dilution risk despite low debt. Technical indicators are neutral-to-slightly bearish with limited momentum, and valuation is difficult to justify given the loss-making profile and lack of dividend support.
Positive Factors
Low leverage
Very low debt relative to equity reduces near-term solvency and refinancing pressure. This gives Riversgold greater flexibility to direct available resources toward exploration and operations without a large fixed interest burden constraining decisions.
Negative Factors
Minimal revenue and widening losses
The lack of meaningful revenue leaves the company dependent on funding while losses are accelerating. A sharply wider annual loss indicates worsening earnings quality and reduces evidence that the current business model can become self-financing within the next several quarters.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage
Very low debt relative to equity reduces near-term solvency and refinancing pressure. This gives Riversgold greater flexibility to direct available resources toward exploration and operations without a large fixed interest burden constraining decisions.
Read all positive factors
Riversgold Ltd. (RGL) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$18.41M
Dividend YieldN/A
Average Volume (3M)2.78M
Price to Earnings (P/E)―
Beta (1Y)2.34
Revenue GrowthN/A
EPS Growth-240.00%
CountryAU
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryGold
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding2,301,837,600
10 Day Avg. Volume1,537,183
30 Day Avg. Volume2,775,054
Financial Highlights & Ratios
PEG Ratio-0.01
Price to Book (P/B)11.28
Price to Sales (P/S)0.00
P/FCF Ratio-6.67
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
Riversgold Ltd. Business Overview & Revenue Model
Company Description
Riversgold Limited (RGL.AX) is an Australian enterprise dedicated to the exploration and development of mineral resource properties. The company's diverse portfolio includes a significant presence in Western Australia's Eastern Goldfields through ...
How the Company Makes Money
null...
Riversgold Ltd. Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
48
Neutral
Cash Flow
18
Very Negative
| Breakdown | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 2.24K | 212.00 |
| Gross Profit | -12.03K | -8.13K | -12.10K | -6.48K | -28.46K |
| EBITDA | -3.76M | -531.51K | -4.47M | -3.40M | -10.22M |
| Net Income | -3.39M | -510.85K | -6.93M | -2.63M | -10.20M |
Balance Sheet | |||||
| Total Assets | 1.92M | 283.34K | 7.85M | 12.86M | 10.36M |
| Cash, Cash Equivalents and Short-Term Investments | 1.80M | 232.63K | 785.19K | 4.91M | 3.39M |
| Total Debt | 35.20K | 0.00 | 0.00 | 0.00 | 14.56K |
| Total Liabilities | 270.31K | 233.64K | 228.17K | 537.36K | 2.71M |
| Stockholders Equity | 1.65M | 49.69K | 7.62M | 12.32M | 7.65M |
Cash Flow | |||||
| Free Cash Flow | -2.79M | -2.22M | -5.41M | -4.37M | -1.81M |
| Operating Cash Flow | -2.79M | -2.22M | -3.74M | -1.31M | -888.57K |
| Investing Cash Flow | -6.83K | -14.98K | -1.73M | -2.31M | 11.14K |
| Financing Cash Flow | 3.77M | 1.69M | 1.33M | 5.67M | 3.44M |
Riversgold Ltd. 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% | |
55 Neutral | AU$25.54M | 8.12 | 3.21% | ― | ― | ― | |
49 Neutral | AU$22.64M | -6.19 | -95.83% | ― | ― | -3.28% | |
47 Neutral | AU$17.52M | -8.27 | -5.50% | ― | ― | ― | |
45 Neutral | AU$29.60M | -5.00 | -31.63% | ― | ― | -58.33% | |
44 Neutral | AU$18.41M | -26.67 | -315.34% | ― | ― | -240.00% | |
42 Neutral | AU$19.89M | -4.47 | -58.95% | ― | ― | 40.99% |
* Basic Materials Sector Average
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Riversgold Ltd. Corporate Events
Riversgold lodges key mining plan for Kalgoorlie Northern Zone
Sep 30, 2026
Riversgold Ltd. has lodged the Mine Development and Closure Proposal for its Northern Zone open pit at the Kalgoorlie Gold Project with Western Australia’s Department of Mines, Petroleum and Exploration. The MDCP is the principal operating a...
Riversgold Clears Key Haul Road Objections at Kalgoorlie Gold Project
Sep 13, 2026
Riversgold has reached an agreement that clears the remaining objections to its haul road Miscellaneous Licences L25/75 and L25/77, enabling these key infrastructure licences for the Northern Zone Gold Project to proceed to grant. Once approved, t...
Riversgold advances permitting at Kalgoorlie’s Northern Zone gold project
Aug 27, 2026
Riversgold Ltd. has submitted a Native Vegetation Clearing Permit application for its high-priority Northern Zone gold project within the broader Kalgoorlie Gold Project in Western Australia. The permit, required before any land clearing can occur...
Riversgold Secures Key Kalgoorlie Mining Lease and Reports High-Grade Canadian Assays
Jul 31, 2026
Riversgold has advanced its Kalgoorlie Gold Project with the grant of a 21-year mining lease and a 20% increase in project area through the acquisition of an additional tenement, bringing the footprint to 10.2 square kilometres. Key technical stud...
Riversgold Clears Key Technical Hurdles at Kalgoorlie Gold Project
Jul 26, 2026
Riversgold has received positive technical and environmental study results for its Northern Zone open pit at the Kalgoorlie Gold Project, covering soil and waste characterisation, geotechnical stability, and hydrology. The studies found predominan...
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.