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Renegade Exploration Limited (AU:RNX)
:RNX
Australian Market

Renegade Exploration Limited (RNX) AI Stock Analysis

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Renegade Exploration Limited

(Sydney:RNX)

47Neutral
Renegade Exploration Limited faces significant financial challenges, including persistent losses and negative cash flows, which overshadow its revenue growth and strong equity base. The lack of technical analysis data and a poor valuation score further contribute to the overall weak stock score.

Renegade Exploration Limited (RNX) vs. S&P 500 (SPY)

Renegade Exploration Limited Business Overview & Revenue Model

Company DescriptionRenegade Exploration Limited discovers, acquires, explores for, and develops mineral deposits in Australia. It primarily explores for copper and gold deposits. The company holds a 23% interest in the Carpentaria Joint Venture project located in the Cloncurry region of Queensland. It also holds an option to acquire a 75% interest in the North Isa project located in Queensland. The company was formerly known as Overland Resource Limited. Renegade Exploration Limited was incorporated in 2005 and is headquartered in West Perth, Australia.
How the Company Makes MoneyRenegade Exploration Limited generates revenue primarily through the exploration and development of mineral resources. The company seeks to discover valuable mineral deposits, which can then be sold or developed into mining operations. Key revenue streams include the sale or joint venture of exploration projects to larger mining companies, who possess the capital and infrastructure to develop these resources further. Additionally, Renegade Exploration may earn income from strategic partnerships and alliances with other entities in the mining sector, facilitating access to new projects and technologies. Factors such as commodity prices, exploration success, and regulatory environments significantly influence the company's earnings.

Renegade Exploration Limited Financial Statement Overview

Summary
Renegade Exploration Limited demonstrates revenue growth and a strong equity base with no debt. However, persistent losses and negative cash flows highlight operational challenges. The company needs to address profitability and operational efficiency to convert revenue growth into sustainable financial performance.
Income Statement
45
Neutral
Renegade Exploration Limited shows consistent revenue growth over the years, with a significant increase in 2024. However, the company is struggling with profitability, as indicated by negative EBIT and net income margins. Despite the revenue growth, the company's heavy losses and negative EBITDA suggest operational inefficiencies or high costs relative to revenue.
Balance Sheet
55
Neutral
The company maintains a strong equity position with no debt, resulting in a favorable debt-to-equity ratio. The equity ratio remains healthy, indicating a solid asset base funded by equity. However, the company has faced fluctuating stockholders' equity, which could pose risks if liabilities increase without corresponding asset growth.
Cash Flow
40
Negative
The cash flow statement reveals negative operating and free cash flows, indicating cash outflows from operations. This suggests the company is not generating sufficient cash from its core activities. While financing activities have brought in cash infusions, reliance on external financing could be risky without improvements in operational cash flow.
Breakdown
TTMJun 2024Jun 2023Jun 2022Jun 2021Jun 2020
Income StatementTotal Revenue
2.10K5.74K4.31K0.001.00K11.10K
Gross Profit
-14.54K5.74K-12.50K0.001.00K11.10K
EBIT
-1.74M-1.55M-964.60K-601.67K-820.80K-355.00K
EBITDA
-1.90M-1.78M-1.51M823.25K-303.03K-355.00K
Net Income Common Stockholders
-1.20M-1.14M-1.54M976.64K-1.09M-1.39M
Balance SheetCash, Cash Equivalents and Short-Term Investments
45.64K1.20M189.67K2.73M406.70K479.02K
Total Assets
5.20M6.29M3.82M4.96M3.60M2.73M
Total Debt
100.00K0.000.000.000.000.00
Net Debt
57.86K-1.19M-76.67K-517.86K-361.70K-442.02K
Total Liabilities
298.30K952.61K993.59K1.24M1.03M253.63K
Stockholders Equity
4.90M5.34M2.83M3.72M2.57M2.48M
Cash FlowFree Cash Flow
-1.24M-1.64M-2.15M-1.13M-1.06M-415.77K
Operating Cash Flow
-892.33K-852.91K-959.65K-307.06K-529.05K-312.90K
Investing Cash Flow
-1.12M-683.09K343.50K462.75K-287.38K-102.87K
Financing Cash Flow
1.98M2.65M175.00K730.09K730.09K0.00

Renegade Exploration Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (49)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
49
Neutral
$1.97B-1.18-21.24%3.71%1.29%-31.16%
AURNX
47
Neutral
AU$3.87M-32.19%16.67%
AUHRZ
46
Neutral
€124.14M
AUGTE
43
Neutral
AU$9.65M-64.90%31.29%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:RNX
Renegade Exploration Limited
0.01
-0.01
-50.00%
AU:HRZ
Horizon Minerals Ltd
0.06
<0.01
14.58%
AU:GTE
Great Western Exploration Limited
0.02
-0.04
-66.67%

Renegade Exploration Limited Corporate Events

Renegade Exploration Unveils Promising Discoveries at Yukon Project
Apr 30, 2025

Renegade Exploration Limited has identified high-grade critical defense metals and a promising gold-silver prospect at its Yukon Project in Canada. The company has expanded its land holdings significantly since acquiring a 90% interest in the Yukon Base Metals Project in 2007, and it aims to increase its resource base with ongoing exploration efforts.

Renegade Exploration Limited Issues New Shares to Strengthen Financial Position
Apr 17, 2025

Renegade Exploration Limited has issued 1,000,000 fully paid ordinary shares at a price of $0.01 each, notifying the ASX of compliance with relevant sections of the Corporations Act 2001. This issuance was conducted without disclosure to investors, and the company confirmed adherence to statutory requirements, indicating no excluded information is present, which suggests a strategic move to bolster its financial standing and operational capabilities.

Renegade Exploration Limited to Quote 1,000,000 New Securities on ASX
Apr 17, 2025

Renegade Exploration Limited has announced the application for the quotation of 1,000,000 ordinary fully paid securities on the Australian Securities Exchange (ASX) under the code RNX. This move is part of previously announced transactions and is expected to enhance the company’s liquidity and provide additional capital for its exploration activities, potentially strengthening its position in the mineral exploration sector.

Renegade Exploration Limited Announces Proposed Securities Issue
Apr 16, 2025

Renegade Exploration Limited has announced a proposed issue of securities, with a maximum of 1,000,000 ordinary fully paid shares to be issued. This move is part of a placement or other type of issue, with the proposed issue date set for April 17, 2025. The announcement is significant as it indicates the company’s efforts to raise capital, potentially impacting its financial position and market operations.

Renegade Exploration Issues New Shares to Bolster Capital
Apr 11, 2025

Renegade Exploration Limited has issued 3,360,000 fully paid ordinary shares at a price of $0.005 each. The issuance was made without disclosure to investors under Part 6D.2 of the Corporations Act 2001, and the company confirms compliance with relevant provisions of the Act. This move could potentially impact the company’s capital structure and market positioning.

Renegade Exploration Limited Announces Quotation of New Securities
Apr 11, 2025

Renegade Exploration Limited announced the quotation of 3,360,000 fully paid ordinary securities on the ASX, effective April 11, 2025. This move is part of previously announced transactions, potentially impacting the company’s market presence and offering stakeholders an opportunity to engage with the company’s growth strategy.

Renegade Exploration Limited Announces Proposed Securities Issue
Apr 10, 2025

Renegade Exploration Limited has announced a proposed issue of 3,360,000 ordinary fully paid securities, scheduled for April 11, 2025. This move is part of the company’s strategy to enhance its financial position and support its ongoing exploration activities, potentially impacting its market positioning and offering new opportunities for stakeholders.

Renegade Exploration Limited Releases Half-Year Financial Report
Mar 14, 2025

Renegade Exploration Limited has released its half-year report for the period ending 31 December 2024. The report outlines the company’s financial performance, including consolidated statements of profit or loss, financial position, changes in equity, and cash flows. This release provides stakeholders with insights into the company’s financial health and operational progress, potentially impacting its market positioning and investor confidence.

Renegade Exploration Highlights Mongoose Deposit at RIU Conference
Feb 21, 2025

Renegade Exploration Limited presented at the RIU Explorers Conference, highlighting the Mongoose Deposit’s inferred resources, although its in-ground valuation does not comply with the JORC Code and should not be used for investment decisions. This presentation reflects the company’s ongoing exploration and development efforts, potentially impacting its market positioning by showcasing resource potential despite valuation caveats.

Renegade Exploration Focuses on Diverse Mineral Projects in Yukon and Cloncurry
Feb 20, 2025

Renegade Exploration Limited, under the leadership of Executive Chairman Robert Kirtlan, has outlined its strategic focus on mineral exploration in its Yukon and Cloncurry projects. The company aims to enhance its market position by targeting a diverse range of minerals, including copper, gold, zinc, and critical minerals like germanium and gallium. This strategic direction reflects Renegade’s commitment to capitalizing on the growing demand for critical and precious minerals, potentially impacting its operational capabilities and market competitiveness.

Renegade Exploration Uncovers High-Grade Antimony-Gold-Silver Prospect at Yukon Project
Feb 10, 2025

Renegade Exploration Limited has identified a promising high-grade antimony-gold-silver prospect at its Myschka Prospect, part of the Yukon Project in Canada. The discovery of a significant Sb-Au-Ag anomaly at Myschka follows recent findings of germanium and gallium at the nearby Andrew Deposit. Renegade plans to conduct further exploration and testing in the upcoming season, potentially positioning itself advantageously in the critical minerals market, bolstered by nearby significant gold discoveries.

Renegade Exploration Uncovers Critical Defense Metals at Yukon Site
Feb 5, 2025

Renegade Exploration Limited has identified significant concentrations of germanium and gallium, critical defense metals, at its Andrew Zn-Pb-Ag deposit in Yukon, Canada. The discovery, made through a review of diamond drill results, highlights the potential for these rare and economically important materials in advanced electronic applications. The company is considering re-analysis of stored drill samples to better assess germanium and gallium content, as initial tests may have underestimated germanium levels. This comes amid substantial regional investment by the US Department of Defense and the Canadian Government, suggesting a positive impact on Renegade’s project valuation and potential benefits for shareholders.

Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

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.