Ragusa Minerals Ltd (AU:RAS)
ASX:RAS
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Ragusa Minerals Ltd
(Sydney:RAS)
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Rating:48Neutral
Price Target:
AU$0.03
▼(-25.00% Downside)
Action:ReiteratedDate:03/06/26
The score is held down primarily by weak financial performance (persistent losses, negative free cash flow, and shrinking equity despite no debt). Technicals provide partial support with price above key longer-term moving averages and positive MACD, but elevated Stoch suggests momentum may be stretched. Valuation remains unattractive/unclear due to a negative P/E and no dividend yield.
Positive Factors
Debt-free balance sheet
Zero reported debt reduces refinancing and interest obligations, giving Ragusa structural financial flexibility. For an early-stage explorer this lowers fixed costs and preserves optionality to fund programs via equity, JV or staged spending while it seeks resource advancement.
Negative Factors
Chronic negative cash flow
Operating and free cash flows are negative each reported year, creating a structural funding gap. Persistent cash deficits erode reserves and force reliance on external capital, increasing dilution risk and constraining the firm’s ability to execute multi-stage exploration programs reliably.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-free balance sheet
Zero reported debt reduces refinancing and interest obligations, giving Ragusa structural financial flexibility. For an early-stage explorer this lowers fixed costs and preserves optionality to fund programs via equity, JV or staged spending while it seeks resource advancement.
Read all positive factors
Ragusa Minerals Ltd (RAS) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$5.95M
Dividend YieldN/A
Average Volume (3M)289.01K
Price to Earnings (P/E)―
Beta (1Y)0.84
Revenue Growth168.85%
EPS Growth13.51%
CountryAU
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryGold
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding198,198,790
10 Day Avg. Volume68,429
30 Day Avg. Volume289,015
Financial Highlights & Ratios
PEG Ratio0.09
Price to Book (P/B)4.27
Price to Sales (P/S)1019.06
P/FCF Ratio-6.33
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
Ragusa Minerals Ltd Business Overview & Revenue Model
Company Description
Ragusa Minerals Limited explores for mineral properties. The company primarily explores for gold. It holds a 100% interest in the Burracoppin Halloysite project that comprises two tenements located in the east of Perth in Western Australia; the Lo...
How the Company Makes Money
null...
Ragusa Minerals Ltd Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
58
Neutral
Cash Flow
20
Very Negative
| Breakdown | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 2.10K | 12.68K | 44.95K | 3.20K | 6.72K |
| Gross Profit | -257.60K | -264.18K | -43.68K | -123.25K | -54.09K |
| EBITDA | -379.39K | -710.13K | -934.20K | -1.50M | -548.72K |
| Net Income | -1.83M | -2.12M | -2.19M | -1.50M | -548.72K |
Balance Sheet | |||||
| Total Assets | 745.54K | 2.45M | 4.76M | 5.00M | 4.86M |
| Cash, Cash Equivalents and Short-Term Investments | 162.23K | 440.02K | 1.89M | 2.52M | 4.20M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 245.10K | 80.58K | 368.19K | 87.67K | 69.99K |
| Stockholders Equity | 500.44K | 2.37M | 4.39M | 4.91M | 4.79M |
Cash Flow | |||||
| Free Cash Flow | -337.76K | -1.45M | -2.17M | -1.90M | -661.50K |
| Operating Cash Flow | -270.80K | -740.05K | -766.49K | -894.67K | -569.50K |
| Investing Cash Flow | -66.97K | -710.28K | -1.41M | -1.23M | -92.00K |
| Financing Cash Flow | 60.00K | 0.00 | 1.54M | 431.47K | 4.85M |
Ragusa Minerals Ltd Technical Analysis
Negative
0.04
Price Trends
0.04
Negative
0.03
Negative
0.03
Positive
Market Momentum
>-0.01
Negative
39.36
Neutral
57.14
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 0.04 is above the 20-day moving average (MA) of 0.03, above the 50-day MA of 0.04, and above the 200-day MA of 0.03, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 39.36 is Neutral, neither overbought nor oversold. The STOCH value of 57.14 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
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% | |
48 Neutral | AU$5.95M | -2.11 | -154.54% | ― | 168.85% | 13.51% | |
46 Neutral | AU$45.59M | -4.07 | -134.41% | ― | ― | 5.93% | |
43 Neutral | AU$3.22M | -0.22 | -164.84% | ― | ― | 76.76% | |
41 Neutral | AU$4.13M | -7.90 | -127.91% | ― | ― | 80.88% | |
41 Neutral | AU$13.11M | -0.72 | -92.34% | ― | ― | 69.23% | |
40 Underperform | AU$5.79M | -4.04 | -120.71% | ― | ― | 65.32% |
* Basic Materials Sector Average
AU:RAS
Ragusa Minerals Ltd
0.03
0.01
76.47%
AU:DAF
Discovery Alaska Limited
0.02
<0.01
33.33%
AU:GNM
Great Northern Minerals Limited
0.03
0.01
92.86%
AU:GSM
Golden State Mining Ltd.
0.01
<0.01
20.00%
AU:SFM
Santa Fe Minerals Ltd.
0.28
0.24
600.00%
AU:WSR
Westar Resources Ltd.
0.01
0.00
0.00%
Ragusa Minerals Ltd Corporate Events
Ragusa Minerals Files Interim Half-Year Financial Report
Mar 11, 2026
Ragusa Minerals Ltd has released its interim financial report for the half-year ended 31 December 2025. The report is supported by a detailed corporate directory outlining the company’s board, key advisers and service providers, signalling o...
Ragusa Confirms High-Grade Manganese at Arizona Purple Pansy Project
Mar 4, 2026
Ragusa Minerals has completed a site visit to its Purple Pansy Manganese-Gold Project in Arizona, confirming high-grade manganese oxide mineralisation at historic open cut mines, notably the Black Rock and Purple Pansy workings. Handheld XRF readi...
Ragusa Minerals Issues 20 Million New Shares Under Disclosure Exemption
Jan 29, 2026
Ragusa Minerals Ltd has issued 20 million new fully paid ordinary shares without a prospectus, relying on provisions of the Australian Corporations Act that allow such placements to be made to investors without full disclosure. The company confirm...
Ragusa Minerals Seeks ASX Quotation for 20 Million New Shares
Jan 29, 2026
Ragusa Minerals Ltd has applied to the ASX for quotation of 20 million new fully paid ordinary shares under the code RAS, effective 29 January 2026. The additional securities, issued pursuant to a previously announced transaction, will expand the ...
Ragusa Minerals Expands U.S. Manganese-Gold Footprint with Arizona Acquisition and Land Grab
Jan 28, 2026
Ragusa Minerals has executed a binding agreement to acquire approximately 60% of Pegasus Tel Inc. and the Purple Pansy Manganese-Gold Project in Arizona, while expanding the project’s landholding by staking an additional 201 claims to a tota...
Ragusa Minerals Plans Issue of 20 Million New Shares in ASX Placement
Jan 27, 2026
Ragusa Minerals Ltd has lodged an Appendix 3B notice with the ASX outlining its intention to undertake a new placement or similar type of capital raising. The company plans to issue up to 20 million new fully paid ordinary shares, with the propose...
Ragusa Minerals Raises $600,000 to Advance US Manganese-Gold Exploration
Jan 27, 2026
Ragusa Minerals has secured firm commitments from sophisticated investors and key existing shareholders for a $600,000 private placement at $0.03 per share, a discount to its recent volume-weighted average prices, issuing up to 20 million new shar...
Ragusa Minerals Expands Arizona Manganese-Gold Footprint with 201 New Claims
Jan 26, 2026
Ragusa Minerals has significantly expanded its Purple Pansy Manganese-Gold Project in Arizona by staking an additional 201 claims, increasing the total project area to about 4,142 acres and consolidating control over the most prospective parts of ...
Ragusa Denies Undisclosed News Behind Share Move as It Advances US Minerals Deal
Jan 11, 2026
Ragusa Minerals has told the ASX it is not aware of any undisclosed information that would explain recent trading activity in its shares, reaffirming its compliance with continuous disclosure obligations. The company confirmed it is progressing co...
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.