Renegade Exploration Limited (RNX) AI Stock Analysis

Renegade Exploration Limited

(ASX:RNX)

Select Model

Rating:38Underperform

Price Target:AUD 0.01▼(-10.00% Downside)

Action:reiterated

Date:09/29/26

The overall score of 38 is heavily impacted by the company's lack of revenue, negative earnings, and ongoing cash drain. As an early-stage exploration firm, it lacks fundamental profitability and measurable market momentum, making it a highly speculative investment despite maintaining a stable, low-debt balance sheet.

Positive Factors

Low leverageLow debt relative to equity reduces fixed financial obligations and leaves more flexibility to absorb operating weakness. This conservative structure can support continuity over the next several quarters, provided losses do not force new funding.

Negative Factors

Minimal and inconsistent revenueExtremely small and inconsistent revenue indicates that the business has not yet demonstrated dependable commercial scale. The reported drop to zero in 2026 annual results makes recurring income difficult to establish and leaves future operations highly dependent on a material improvement in activity.

Renegade Exploration Limited (RNX) vs. iShares MSCI Australia ETF (EWA)

Not enough price history over this period.

Market Cap: AUD 4.14M
Dividend Yield: ―
Average Volume (3M): ―
Price to Earnings (P/E): -5.0
Beta (1Y): 0.35
Revenue Growth: ―
EPS Growth: 30.77%
Country: Australia
Employees: 1
Sector: Basic Materials
Sector Strength: 61
Industry: Industrial Materials

Renegade Exploration Limited Business Overview & Revenue Model

Company Description

Renegade Exploration Limited is an Australian-based company that undertakes the discovery, acquisition, exploration, and development of mineral resources. Its primary focus lies in identifying and advancing copper and gold deposits across Australia....

Renegade Exploration Limited Financial Statement Overview

Summary

Reflects a pre-revenue exploration profile with significant fundamental risks. Persistent operating losses and heavy cash burn are only partially mitigated by a conservative, low-leverage balance sheet.

Income Statement

12Very Negative

Balance Sheet

68Positive

Cash Flow

15Very Negative

Financial statement breakdown
Breakdown	TTM	Jun 2026	Jun 2025	Jun 2024	Jun 2023	Jun 2022
Income Statement
Total Revenue	78.95K	79.67K	15.78K	5,736	4,313	0
Gross Profit	-10.17K	-10.17K	15.78K	5,736	-12.50K	0
EBITDA	-1.06M	-1.06M	-1.16M	-1.11M	-1.51M	1.39M
Net Income	-1.72M	-1.72M	-1.69M	-1.14M	-1.54M	976.64K
Balance Sheet
Total Assets	5.12M	5.12M	5.16M	6.29M	3.82M	4.96M
Cash, Cash Equivalents and Short-Term Investments	2.10M	2.10M	78.39K	1.20M	189.67K	2.73M
Total Debt	460.00K	460.00K	820.00K	0	0	0
Total Liabilities	739.75K	739.75K	1.33M	952.61K	993.59K	1.24M
Stockholders Equity	4.38M	4.38M	3.83M	5.34M	2.83M	3.72M
Cash Flow
Free Cash Flow	-1.14M	-1.14M	-2.20M	-1.64M	-2.15M	-1.13M
Operating Cash Flow	-1.13M	-1.13M	-834.30K	-852.91K	-959.65K	-307.06K
Investing Cash Flow	-598.74K	-598.75K	-1.07M	-683.09K	343.50K	462.75K
Financing Cash Flow	1.71M	1.71M	792.33K	2.65M	175.00K	730.09K

Renegade Exploration Limited Peers Comparison

Overall Rating

UnderperformOutperform

Sector (61)

Financial Indicators

AU:RNX against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
AU:JNO	45Neutral	AUD 4.60M	-5.24	-3.35%	―	429.19%	32.26%
AU:BUS	44Neutral	AUD 5.38M	-3.17	-25.49%	―	―	36.05%
AU:AM5	42Neutral	AUD 5.52M	-0.95	-192.77%	―	―	65.85%
AU:L1M	40Underperform	AUD 3.80M	-0.28	-162.64%	―	―	-18.84%
AU:RNX	38Underperform	AUD 4.14M	-5.00	-35.36%	―	―	30.77%
AU:MQR	37Underperform	AUD 4.54M	-1.74	-22.21%	―	―	86.93%

* Basic Materials Sector Average

Performance Comparison

AU:RNX and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
AU:RNX	Renegade Exploration Limited	―	―	―
AU:AM5	NickelSearch Ltd.	0.01	0.00	0.00%
AU:MQR	Marquee Resources Ltd	0.01	0.00	0.00%
AU:JNO	Juno Minerals Ltd.	0.02	-0.01	-35.29%
AU:BUS	Bubalus Resources Ltd.	0.08	-0.07	-48.67%
AU:L1M	Lightning Minerals Ltd.	0.01	-0.04	-78.72%

Renegade Exploration Limited Corporate Events

Renegade Exploration lodges ASX governance key and updates board practices

Sep 25, 2026

Renegade Exploration Limited has confirmed its corporate governance statement for the year ended 30 June 2026 is available on its website, in line with ASX Listing Rule 4.10.3. The board has approved the statement, which outlines the extent to which...

Renegade Exploration boosts loan facility to $2m and extends term to 2027

Aug 27, 2026

Renegade Exploration Limited has increased its existing loan facility to $2 million and extended the term to 31 December 2027 on largely unchanged terms. The facility, currently drawn to $660,000, carries a 12% annual interest rate and a $25,000 exte...

Renegade Exploration Reshapes Portfolio With JV Divestment and Yukon Work Plans

Jul 31, 2026

Renegade Exploration has completed a $2.88 million divestment of its Carpentaria Joint Venture and EPM 8588 interests to True North Copper Limited. In return, it received $300,000 in cash, 3.0 million True North Copper shares, 2.0 million performance...

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: Sep 29, 2026

Renegade Exploration Limited AI Stock Analysis