Ragusa Minerals Ltd (AU:RAS)
ASX:RAS
Want to see AU:RAS full AI Analyst Report?
Top Page
Ragusa Minerals Ltd
(Sydney:RAS)
Select Model
Select Model
Rating:43Neutral
Price Target:
AU$0.03
▼(-32.50% Downside)
Action:Reiterated
Date:05/06/26
The score is driven primarily by weak financial performance—minimal and shrinking revenue, ongoing losses, and persistent negative free cash flow—partly offset by a debt-free balance sheet. Technicals are also weak with the stock below key moving averages and negative MACD, while valuation is difficult to assess meaningfully due to negative earnings and no dividend yield provided.
Positive Factors
Debt-free balance sheet
A zero-debt capital structure materially lowers refinancing and interest-risk over the medium term, giving management flexibility to fund exploration from equity or grants. This durable financial strength reduces forced asset sales and supports continued project advancement without fixed repayment burdens.
Negative Factors
Persistent negative cash flows
Consistent multi-year negative operating and free cash flow erodes liquidity and forces dependence on external financing. Over a 2-6 month horizon this structural cash deficit increases dilution or financing risk and limits the firm’s ability to self-fund exploration or scale activities without capital injections.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-free balance sheet
A zero-debt capital structure materially lowers refinancing and interest-risk over the medium term, giving management flexibility to fund exploration from equity or grants. This durable financial strength reduces forced asset sales and supports continued project advancement without fixed repayment burdens.
Read all positive factors
Ragusa Minerals Ltd (RAS) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$5.55M
Dividend YieldN/A
Average Volume (3M)289.01K
Price to Earnings (P/E)―
Beta (1Y)0.94
Revenue Growth-96.35%
EPS Growth-202.04%
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
Neutral
0.04
Price Trends
0.03
Positive
0.03
Negative
0.03
Negative
Market Momentum
<0.01
Negative
55.50
Neutral
127.78
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:RAS, the sentiment is Neutral. The current price of 0.04 is above the 20-day moving average (MA) of 0.03, above the 50-day MA of 0.03, and above the 200-day MA of 0.03, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 55.50 is Neutral, neither overbought nor oversold. The STOCH value of 127.78 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral 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% | |
50 Neutral | AU$23.89M | -0.72 | -92.34% | ― | ― | -62.14% | |
46 Neutral | AU$45.59M | -4.07 | -134.41% | ― | ― | -267.80% | |
45 Neutral | AU$8.20M | -4.04 | -120.71% | ― | ― | 29.17% | |
43 Neutral | AU$5.55M | -2.11 | -154.54% | ― | -96.35% | -202.04% | |
43 Neutral | AU$5.66M | -0.22 | -164.84% | ― | ― | -41.67% | |
41 Neutral | AU$3.88M | -7.90 | -127.91% | ― | ― | -27.27% |
* Basic Materials Sector Average
AU:RAS
Ragusa Minerals Ltd
0.03
0.01
86.67%
AU:DAF
Discovery Alaska Limited
0.02
<0.01
36.36%
AU:GNM
Great Northern Minerals Limited
0.05
0.03
206.25%
AU:GSM
Golden State Mining Ltd.
0.02
<0.01
70.00%
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 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...
Ragusa Minerals advances Arizona manganese-gold push with U.S. acquisition and high-grade assays
Apr 28, 2026
Ragusa Minerals has executed a binding agreement to acquire a controlling interest of about 60% in Pegasus Tel Inc. and the Purple Pansy Manganese-Gold Project in Arizona, while Pegasus has achieved OTCID Basic Market status and the transaction aw...
Ragusa Minerals Director Melanie Ross Steps Down, Discloses Shareholdings
Apr 17, 2026
Ragusa Minerals Limited has announced that director Melanie Jane Ross ceased to be a director of the company effective 13 April 2026. At the time of her departure, Ross held 83,334 ordinary shares in her own name and had an additional relevant int...
Ragusa Minerals Appoints New Director With No Initial Equity Stake
Apr 17, 2026
Ragusa Minerals Ltd has appointed Petar Tomašević as a director effective 13 April 2026, according to an initial director’s interest notice lodged with the ASX. The filing confirms that at the time of his appointment, Tomaševi...
Ragusa Minerals advances U.S. manganese strategy and nears PTEL deal completion
Apr 12, 2026
Ragusa Minerals has appointed capital markets professional Petar Tomasevic as a Non-Executive Director, while Melanie Ross steps down from the board but continues as Company Secretary. Tomasevic’s experience in North American resource market...
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...
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.