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Rumble Resources Limited
(Sydney:RTR)
Rumble Resources Limited (RTR) vs. iShares MSCI Australia ETF (EWA)
Rumble Resources Limited Business Overview & Revenue Model
Rumble Resources Limited Financial Statement Overview
| Breakdown | |||||
| TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| -2.96K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | Gross Profit |
| -49.73K | -157.00K | -183.62K | -157.87K | -44.09K | -22.83K | EBIT |
| -2.55M | -2.95M | -4.99M | -3.86M | -1.50M | -1.89M | EBITDA |
| -2.56M | -2.91M | -4.83M | -2.84M | -691.20K | -944.26K | Net Income Common Stockholders |
| -5.01M | -3.75M | -5.01M | -3.00M | -735.28K | -967.10K |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 5.68M | 2.31M | 4.40M | 17.91M | 39.86M | 6.42M | Total Assets |
| 63.55M | 59.67M | 54.10M | 58.07M | 56.89M | 15.28M | Total Debt |
| 334.02K | 67.03K | 101.19K | 185.98K | 15.72K | 34.99K | Net Debt |
| -5.34M | -2.25M | -4.08M | -17.72M | -39.65M | -6.15M | Total Liabilities |
| 1.75M | 2.28M | 3.32M | 3.56M | 1.44M | 809.92K | Stockholders Equity |
| 61.80M | 57.39M | 50.77M | 54.51M | 55.45M | 14.47M |
| Cash Flow | Free Cash Flow | ||||
| -7.81M | -12.10M | -14.54M | -22.23M | -6.96M | -4.64M | Operating Cash Flow |
| -3.54M | -4.06M | -4.91M | -410.42K | -171.95K | -33.50K | Investing Cash Flow |
| -3.66M | -7.69M | -9.63M | -21.48M | -6.79M | -4.61M | Financing Cash Flow |
| 9.55M | 9.89M | 811.36K | 131.27K | 40.43M | 9.00M |
Rumble Resources Limited Technical Analysis
Rumble Resources Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
51 Neutral | $32.96M | ― | -20.67% | ― | ― | 4.00% | |
50 Neutral | $1.99B | -1.06 | -21.34% | 3.71% | 2.03% | -30.65% | |
47 Neutral | AU$31.39M | 1.55 | 17.20% | ― | ― | ― | |
43 Neutral | AU$107.37M | ― | ― | ― | ― | ||
38 Underperform | AU$5.98M | ― | -66.46% | ― | ― | 60.76% | |
35 Underperform | AU$50.67M | ― | -2.31% | ― | ― | -33.33% | |
32 Underperform | AU$24.72M | ― | -8.44% | ― | ― | 20.00% |
Rumble Resources Limited Corporate Events
Rumble Resources Limited announced significant progress in its March 2025 quarterly report, highlighting advancements in the Western Queen Gold Project, including a pathway to near-term gold production through a partnership with Bain Global Resources and MEGA Resources. The company also reported promising gold and tungsten drilling results at the Duke Prospect and initiated tungsten metallurgy testwork. Additionally, Rumble is conducting an internal scoping study for the Earaheedy Zn-Pb-Ag Project and has acquired full interest in the Thunderstorm Gold Project, indicating strategic growth and resource expansion.
Rumble Resources Limited has announced progress in the development of its Western Queen Gold Project, with first ore expected to be mined by the end of the year, contingent on finalizing necessary agreements and approvals. The company is restructuring its partnership with Bain Global Resources to optimize project development, involving separate agreements for cooperation, working capital, and security. Additionally, exploration activities have yielded promising high-grade gold and tungsten assay results, suggesting potential new lodes and enhancing the project’s resource potential.
Rumble Resources Limited has provided a corporate update outlining its strategic vision to become a self-funding resources company through significant resource discoveries, project development, and production in Western Australia. The company emphasizes its commitment to enhancing shareholder value by focusing on near-term cash flow generation from the Western Queen project, which will support further resource growth and the advancement of the Earaheedy project. This strategic direction is expected to strengthen Rumble’s position in the industry and provide growth opportunities for stakeholders.
Rumble Resources Limited has acquired the remaining 70% interest in the Thunderstorm Gold Project from IGO Limited, securing full ownership of the project. This acquisition includes significant gold discoveries at the Gazelle and Pion prospects, which show potential for large-scale palaeochannel and primary basement gold deposits. The company plans to conduct further exploration and drilling to assess the project’s full potential, which could enhance its industry positioning and offer promising opportunities for stakeholders.
Rumble Resources Limited has announced the discovery of high-grade tungsten in historical core samples from the Western Queen project. The early results from the re-assaying of these samples have shown promising tungsten and gold intercepts, which the company plans to incorporate into a JORC compliant Mineral Resource Estimate in 2025. This discovery is expected to enhance the company’s operations and industry positioning, as they continue to explore tungsten mineralization at Western Queen South, a primary target area. The company is also conducting preliminary metallurgical testwork to determine the optimal processing route for the tungsten material.
Rumble Resources Limited has released its interim financial report for the half-year ended 31 December 2024. The report includes key financial statements such as the condensed consolidated statement 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 performance over the past six months, which can impact its market positioning and investor confidence.
Rumble Resources Limited has entered into a non-binding term sheet with Bain Global Resources and MEGA Resources to develop the Western Queen Gold Project. The agreement outlines a joint venture for mining open pit resources, with MEGA providing mining services and Bain covering development costs up to $25 million. The project aims to deepen the Western Queen South pit and mine smaller pits, with first ore expected by the end of the year. This development is a strategic move to enhance Rumble’s market position and generate early cash flow, with potential positive implications for stakeholders.
Rumble Resources Limited’s latest presentation at the RIU Explorers Conference highlights its strategic focus on becoming a leading Australian resources company through significant resource discoveries and innovative exploration. The company is committed to advancing its Western Queen and Earaheedy Projects, with the intention of internally funding further resource growth. This approach is designed to enhance shareholder value and position Rumble as a key player in the resource industry.
Rumble Resources Limited announced significant results from Phase 1 drilling at the Western Queen project, highlighting the discovery of new high-grade gold and tungsten lodes. The Phase 1 drilling program identified promising gold intersections at the Princess site, revealing two new high-grade lodes beneath existing resources. This discovery, alongside the continued development of tungsten assays, is expected to enhance the company’s resources. As Phase 2 drilling commences, the company aims to extend these findings and is progressing with joint venture negotiations and mining agreements, anticipating potential mining operations in the latter half of 2025.