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Ragusa Minerals Ltd (AU:RAS)
ASX:RAS
Australian Market
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Ragusa Minerals Ltd (RAS) AI Stock Analysis

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AU:RAS

Ragusa Minerals Ltd

(Sydney:RAS)

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Neutral 44 (OpenAI - 5.2)
Rating:44Neutral
Price Target:
AU$0.02
▼(-15.00% Downside)
Action:Reiterated
Date:07/31/26
The score is held down primarily by weak financial performance (persistent losses, shrinking revenue, and ongoing negative free cash flow alongside declining equity). Technicals also contribute negatively, with the share price below all major moving averages. Valuation is only a modest offset because the negative P/E reflects unprofitable operations and dividend yield data is unavailable.
Positive Factors
Debt-free balance sheet
Zero reported debt reduces refinancing pressure and financial risk for an early-stage explorer. This durable capital-structure strength lengthens runway for exploration programs, lowers bankruptcy risk, and gives management flexibility in financing strategy over the coming months.
Negative Factors
Persistent unprofitable operations
Consistent losses and collapsing revenue show the company has not reached sustainable scale. Persistent negative profitability erodes shareholder value, limits ability to self-fund exploration, and increases dependence on external capital, affecting long-term project timelines.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-free balance sheet
Zero reported debt reduces refinancing pressure and financial risk for an early-stage explorer. This durable capital-structure strength lengthens runway for exploration programs, lowers bankruptcy risk, and gives management flexibility in financing strategy over the coming months.
Read all positive factors

Ragusa Minerals Ltd (RAS) vs. iShares MSCI Australia ETF (EWA)

Ragusa Minerals Ltd Business Overview & Revenue Model

Company Description
Ragusa Minerals Limited is an Australian company, incorporated in 2010 and based in Perth, which focuses on mineral exploration, primarily targeting gold deposits. The company adopted its current name in October 2020, having previously been known ...
How the Company Makes Money
null...

Ragusa Minerals Ltd Financial Statement Overview

Summary
Financials reflect an early-stage, loss-making explorer profile: revenue is minimal and fell sharply in 2025 (~97% YoY), profitability remains deeply negative, and operating/free cash flow are consistently negative (though cash burn improved in 2025). The main support is a debt-free balance sheet, but equity has declined materially, increasing funding and dilution risk.
Income Statement
12
Very Negative
Balance Sheet
58
Neutral
Cash Flow
20
Very Negative
BreakdownTTMJun 2025Jun 2024Jun 2023Jun 2022Jun 2021
Income Statement
Total Revenue-68.56K2.10K12.68K44.95K3.20K6.72K
Gross Profit-301.89K-257.60K-264.18K-43.68K-123.25K-54.09K
EBITDA-732.05K-379.39K-710.13K-934.20K-1.50M-548.72K
Net Income-2.03M-1.83M-2.12M-2.19M-1.50M-548.72K
Balance Sheet
Total Assets437.26K745.54K2.45M4.76M5.00M4.86M
Cash, Cash Equivalents and Short-Term Investments311.48K162.23K440.02K1.89M2.52M4.20M
Total Debt0.000.000.000.000.000.00
Total Liabilities123.10K245.10K80.58K368.19K87.67K69.99K
Stockholders Equity314.16K500.44K2.37M4.39M4.91M4.79M
Cash Flow
Free Cash Flow-208.58K-337.76K-1.45M-2.17M-1.90M-661.50K
Operating Cash Flow-191.16K-270.80K-740.05K-766.49K-894.67K-569.50K
Investing Cash Flow-129.99K-66.97K-710.28K-1.41M-1.23M-92.00K
Financing Cash Flow420.52K60.00K0.001.54M431.47K4.85M

Ragusa Minerals Ltd Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.02
Price Trends
50DMA
0.03
Negative
100DMA
0.03
Negative
200DMA
0.03
Negative
Market Momentum
MACD
>-0.01
Positive
RSI
2.05
Positive
STOCH
23.15
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:RAS, the sentiment is Negative. The current price of 0.02 is below the 20-day moving average (MA) of 0.03, below the 50-day MA of 0.03, and below the 200-day MA of 0.03, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 2.05 is Positive, neither overbought nor oversold. The STOCH value of 23.15 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:RAS.

Ragusa Minerals Ltd Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
61
Neutral
$10.43B7.12-0.05%2.87%2.86%-36.73%
46
Neutral
AU$11.29M-1.01-396.83%-38.78%
44
Neutral
AU$3.57M-1.34-498.87%-96.35%-202.04%
44
Neutral
AU$5.13M-1.28-5360.07%53.94%
43
Neutral
AU$5.30M0.54114.86%
42
Neutral
AU$5.31M-3.14-120.71%29.17%
40
Underperform
AU$5.09M-6.79146.21%26.13%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:RAS
Ragusa Minerals Ltd
0.02
<0.01
11.11%
AU:GSM
Golden State Mining Ltd.
0.01
<0.01
10.00%
AU:USM
PVW Resources Limited
0.01
>-0.01
-41.18%
AU:KTA
Krakatoa Resources Ltd.
0.01
0.00
0.00%
AU:OZZ
Ozz Resources Ltd
0.06
0.00
0.00%
AU:NPM
NewPeak Metals Ltd.
0.01
>-0.01
-36.36%

Ragusa Minerals Ltd Corporate Events

Ragusa Secures Control of Pegasus Tel and Advances High-Grade Arizona Manganese-Gold Project
Jul 29, 2026
Ragusa Minerals has completed the acquisition of approximately 60% of Pegasus Tel Inc., giving it a controlling interest in the U.S. OTC-listed vehicle that now holds the Purple Pansy Manganese-Gold Project in Arizona. The project, spanning about ...
Ragusa Secures Control of Pegasus Tel in Arizona Critical Minerals Push
Jun 17, 2026
Ragusa Minerals has completed a transaction to acquire approximately 60% controlling interest in Pegasus Tel Inc., an OTC-listed U.S. company, which has in turn acquired the Purple Pansy manganese-gold mineral claims in Arizona. The deal also brin...
Ragusa launches IP survey at U.S. manganese project to target maiden resource
May 22, 2026
Ragusa Minerals has begun geophysical induced polarisation surveying at the historic Black Rock Manganese Mine within its Purple Pansy Manganese-Gold Project in Arizona, aiming to map massive manganese oxide mineralisation. The IP data will be use...
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: Jul 31, 2026