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R3D Resources Limited
(Sydney:TAT)
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Rating:43Neutral
Price Target:
AU$0.01
â–¼(-65.00% Downside)
Action:Reiterated
Date:10/04/26
The score is weighed down primarily by weak financial performance—sharp revenue decline, deeply negative profitability, and increasing cash burn—raising sustainability and funding risk. Technicals also point to a continuing downtrend with negative momentum indicators. Valuation offers limited support because the negative P/E reflects ongoing losses and no dividend yield is provided.
Positive Factors
Moderate and improving leverage
Moderate leverage and the recent improvement in debt-to-equity provide some financial flexibility relative to a more highly indebted explorer. This reduces balance-sheet pressure and may leave greater capacity to fund exploration or manage losses over the next several quarters.
Negative Factors
Sharp revenue deterioration
The sharp 2026 revenue decline highlights substantial volatility and weak near-term commercial traction. For an exploration-stage company, falling revenue can make internally funded activity more difficult and increase reliance on transactions or external capital while projects remain uncommercialised.
Read all positive and negative factors
Positive Factors
Negative Factors
Moderate and improving leverage
Moderate leverage and the recent improvement in debt-to-equity provide some financial flexibility relative to a more highly indebted explorer. This reduces balance-sheet pressure and may leave greater capacity to fund exploration or manage losses over the next several quarters.
Read all positive factors
R3D Resources Limited (TAT) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$6.08M
Dividend YieldN/A
Average Volume (3M)861.45K
Price to Earnings (P/E)―
Beta (1Y)-0.08
Revenue Growth-56.75%
EPS Growth-49.23%
CountryAU
Employees5
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)-0.02
Shares Outstanding434,606,780
10 Day Avg. Volume1,104,090
30 Day Avg. Volume861,446
Financial Highlights & Ratios
PEG Ratio-0.02
Price to Book (P/B)0.86
Price to Sales (P/S)3.17
P/FCF Ratio-1.05
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
R3D Resources Limited Business Overview & Revenue Model
Company Description
Tartana Minerals Limited, along with its associated entities, is an Australian company based in Sydney that actively pursues the exploration and advancement of mineral resources throughout the country. The firm targets a diverse array of valuable ...
How the Company Makes Money
R3D Resources Limited’s primary economic model is typical of an exploration-stage resources company: it invests capital into exploration and technical studies to grow the value of its mineral tenements and resource potential. If the company is not...
R3D Resources Limited Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
52
Neutral
Cash Flow
24
Negative
| Breakdown | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 1.47M | 3.40M | 1.76M | 8.80M | 10.49M |
| Gross Profit | -1.91M | -48.06K | 113.22K | 2.12M | 29.19K |
| EBITDA | -3.56M | -1.31M | -1.84M | -970.53K | -5.97M |
| Net Income | -5.01M | -2.62M | -2.59M | -1.43M | -6.35M |
Balance Sheet | |||||
| Total Assets | 12.74M | 12.36M | 12.44M | 14.30M | 11.28M |
| Cash, Cash Equivalents and Short-Term Investments | 260.68K | 143.60K | 123.20K | 125.80K | 1.15M |
| Total Debt | 2.86M | 3.26M | 1.77M | 2.09M | 715.11K |
| Total Liabilities | 7.34M | 7.54M | 6.50M | 7.49M | 4.30M |
| Stockholders Equity | 5.40M | 4.82M | 5.94M | 6.80M | 6.98M |
Cash Flow | |||||
| Free Cash Flow | -4.45M | -1.53M | -1.17M | -2.48M | -4.49M |
| Operating Cash Flow | -3.50M | -1.38M | 0.00 | 0.00 | 0.00 |
| Investing Cash Flow | -1.31M | -413.73K | -918.76K | -2.64M | -2.52M |
| Financing Cash Flow | 4.93M | 1.82M | 1.40M | 1.97M | 5.75M |
R3D Resources Limited Technical Analysis
Negative
0.04
Price Trends
0.02
Negative
0.02
Negative
0.03
Negative
Market Momentum
>-0.01
Positive
42.07
Neutral
-100.00
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:TAT, the sentiment is Negative. The current price of 0.04 is above the 20-day moving average (MA) of 0.02, above the 50-day MA of 0.02, and above the 200-day MA of 0.03, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 42.07 is Neutral, neither overbought nor oversold. The STOCH value of -100.00 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:TAT.
R3D Resources Limited 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% | |
46 Neutral | AU$10.34M | -2.01 | -227.32% | ― | ― | 66.06% | |
46 Neutral | AU$7.55M | -0.29 | -9.07% | ― | ― | 65.52% | |
45 Neutral | AU$4.01M | -3.18 | -13.84% | ― | ― | 54.90% | |
44 Neutral | AU$8.15M | -6.45 | -25.72% | ― | ― | 79.65% | |
44 Neutral | AU$8.56M | -2.00 | -68.05% | ― | ― | -166.67% | |
43 Neutral | AU$6.08M | -0.67 | -105.39% | ― | -56.75% | -49.23% |
* Basic Materials Sector Average
AU:TAT
R3D Resources Limited
0.01
-0.03
-67.50%
AU:BMM
Balkan Mining and Minerals Ltd
0.06
-0.14
-70.00%
AU:DM1
Desert Metals Ltd.
0.01
0.00
0.00%
AU:FIN
Fin Resources Limited
0.01
0.00
0.00%
AU:HRE
Heavy Rare Earths Limited
0.04
-0.01
-25.00%
AU:MIO
Macarthur Minerals Ltd.
0.02
-0.02
-55.56%
R3D Resources Limited Corporate Events
Tartana Restarts Drilling at Nightflower Silver After 18-Year Hiatus
Sep 30, 2026
Tartana Minerals Limited has commenced the first drilling program in 18 years at its Nightflower Silver Project in Far North Queensland, following completion of a Conduct and Compensation Agreement and site-access works. The initial program target...
Tartana Minerals Details Corporate Governance Framework and Partial ASX Compliance
Sep 30, 2026
Tartana Minerals Limited, part of R3D Resources Limited, has detailed its corporate governance framework, drawing on the ASX Corporate Governance Council’s fourth edition principles and recommendations. The board oversees governance through ...
Tartana Minerals Outlines Governance Framework in 2026 Corporate Report
Sep 30, 2026
Tartana Minerals Limited, an ASX-listed minerals exploration and development company based in McMahons Point, NSW, reported its corporate information for the year ended 30 June 2026, highlighting its leadership team and key service providers. The ...
Tartana Minerals launches strategic overhaul and refocuses drilling on key silver and copper assets
Sep 3, 2026
Tartana Minerals has launched a wide‑ranging corporate and strategic review under a new board, aiming to unlock value from its extensive copper, gold, zinc and silver assets while tightening governance and capital allocation. The company is ...
Tartana Minerals Prepares ASX Quotation for 129.8 Million Options
Sep 1, 2026
Tartana Minerals Limited has detailed the top 20 holders and distribution schedule for 129,750,009 options, exercisable at $0.055 and expiring on 28 April 2029. The company expects these options to be quoted on the ASX shortly under the code TATO,...
Tartana Minerals Seeks ASX Quotation for 129.8 Million New Options
Sep 1, 2026
Tartana Minerals Limited has applied to the ASX for quotation of a new class of options, exercisable at $0.055 and expiring on 28 April 2029. The application covers 129,750,009 options to be quoted, signalling a substantial potential source of fut...
Tartana Minerals Plans Modest Issue of Long-Dated Options
Aug 28, 2026
Tartana Minerals Limited has notified the ASX of a proposed issue of up to 1,000 options as part of a placement or similar type of securities issue. The options will carry an exercise price of A$0.055 and an expiry date of 28 April 2029, with the ...
Tartana Minerals Moves to List Options from $4.5m Capital Raising
Aug 28, 2026
Tartana Minerals Limited has lodged an options cleansing prospectus with the corporate regulator to facilitate the quotation of options exercisable at $0.055 and expiring on 28 April 2029. The options were originally issued as part of a $4.5 milli...
Tartana Minerals Files Final Director Interest Notices After Board Changes
Aug 21, 2026
Tartana Minerals has lodged final director’s interest notices for former directors Stephen Bartrop, Alistair Lewis and Mathew Hancock, in line with ASX disclosure requirements. The filing confirms that Bartrop held 20,000 shares at the time ...
Tartana Minerals Reshapes Board After High-Turnout Shareholder Vote
Aug 17, 2026
Tartana Minerals has overhauled its board following an extraordinary general meeting in which shareholders voted to remove directors Stephen Bartrop and Mat Hancock, while retaining Executive Chairman Sonny Didugu and non-executive directors Kiara...
Tartana Minerals Director Alistair Lewis Resigns Ahead of EGM
Aug 14, 2026
Tartana Minerals Limited has announced the immediate resignation of Dr Alistair Lewis from its board of directors. Dr Lewis joined the board in February 2024 and played a key role in the development of Queensland Strategic Metals Pty Ltd, which Ta...
Tartana Minerals Raises $2.3 Million at Premium in Share Issue
Aug 11, 2026
Tartana Minerals has raised approximately $2.3 million through the issue of 43,460,678 fully paid ordinary shares at $0.053 per share, a price representing a material premium to recent trading. The capital raising was conducted without a prospectu...
Tartana Minerals Seeks ASX Quotation for 43.5 Million New Shares
Aug 11, 2026
Tartana Minerals Limited has applied for quotation on the ASX of 43,460,678 ordinary fully paid shares, to be issued on 11 August 2026.The application, lodged as a new announcement under Appendix 2A of the ASX Listing Rules, formalises the listing...
Tartana Minerals Raises $2.3m as Xingye Takes 9.99% Stake
Aug 11, 2026
Tartana Minerals Limited has secured a $2.3 million equity placement from Xingye Gold (Hong Kong) Mining Company, resulting in Xingye taking a 9.99% stake at $0.053 per share. The shares were issued under Tartana’s existing placement capacit...
Tartana Minerals ramps up copper drilling amid weak sulphate output and tight cash
Jul 31, 2026
Tartana Minerals has commenced a drilling campaign using its newly acquired UDR650 rig, completing 1,208 metres of drilling to target an increase in its existing indicated and inferred copper resource of 45,000 tonnes at 0.45% Cu to a depth of 130...
Tartana Minerals Weighs Premium Strategic Investment Amid Board Split
Jul 10, 2026
Tartana Minerals Limited, an Australian explorer and project developer, concentrates on critical and strategic metals in Far North Queensland’s Chillagoe region. Its assets include prospective tenements for copper, gold, silver, antimony, zi...
Tartana Minerals Calls Extraordinary Meeting Amid Board Spill Push
Jul 10, 2026
Tartana Minerals Limited has called an Extraordinary General Meeting for 17 August 2026 in Sydney, with notices and proxy forms now being dispatched to shareholders. The meeting will decide on the future composition of the board, after a notice of...
Tartana Minerals Shakes Up Board as Executive Chairman Triggers Director Ouster Vote
Jul 9, 2026
Tartana Minerals has announced a series of board and governance changes, including the immediate retirement of Dr Alistair Lewis as chairman, who will remain on the board as a non-executive director after a three‑month personal leave. A majo...
Tartana Minerals Restarts Copper Sulphate Output After Plant Upgrade
Jul 9, 2026
Tartana Minerals Limited has completed a major upgrade of its Tartana processing facility, highlighted by the commissioning of a new chiller circuit in its Solvent Extraction–Crystallisation plant to address prior reliability issues. The com...
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.