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Resource Base Limited (AU:RBX)
ASX:RBX
Australian Market

Resource Base Limited (RBX) AI Stock Analysis

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AU

Resource Base Limited

(Sydney:RBX)

Rating:32Underperform
Price Target:
Resource Base Limited faces significant financial hurdles with no revenue growth and ongoing losses, leading to a low financial performance score. Technical indicators suggest potential volatility, while valuation metrics reinforce concerns about profitability. Overall, these factors contribute to a low stock score.

Resource Base Limited (RBX) vs. iShares MSCI Australia ETF (EWA)

Resource Base Limited Business Overview & Revenue Model

Company DescriptionResource Base Limited engages in the acquisition, development, and exploration of mineral properties in Australia. The company holds 100% interest in the Black Range project, which consists of a copper, gold, and zinc hosted prospect covering an area of 124 square kilometers located in the Stavely volcanic complex in western Victoria; and the Mitre Hill project that consists of 25 applications for exploration licenses covering an area of approximately 7,022 square kilometers located within the Murray Basin across Victoria and South Australia. The company was incorporated in 2005 and is based in Perth, Australia.
How the Company Makes MoneyRBX primarily generates revenue through the sale of extracted minerals and metals. Key revenue streams include direct sales contracts with industrial manufacturers, commodity traders, and other entities that require raw materials for production processes. The company may also engage in joint ventures and partnerships with other mining firms or stakeholders to optimize resource extraction and share financial burdens. Additionally, RBX might benefit from favorable commodity pricing and efficient operational practices that enhance profitability. Significant factors contributing to earnings include market demand for specific minerals, operational efficiency, and strategic geographic positioning of mining sites.

Resource Base Limited Financial Statement Overview

Summary
Income Statement
Balance Sheet
Cash Flow
Breakdown
Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020
Income StatementTotal Revenue
0.0010.00K0.002.47K3.79K
Gross Profit
-26.64K-46.53K-6.72K2.26K28.32K
EBIT
-403.38K-1.31M-2.18M-1.17M-16.37K
EBITDA
-592.07K-3.96M-2.17M-1.17M-3.81K
Net Income Common Stockholders
-2.81M-4.04M-2.19M-1.49M-897.90K
Balance SheetCash, Cash Equivalents and Short-Term Investments
585.11K1.59M2.14M97.94K24.27K
Total Assets
3.18M5.93M7.37M119.66K1.12M
Total Debt
0.000.0056.87K3.19M2.26M
Net Debt
-553.28K-1.55M-2.09M3.09M2.24M
Total Liabilities
89.10K64.86K324.82K4.34M4.01M
Stockholders Equity
3.09M5.87M7.05M-4.22M-2.89M
Cash FlowFree Cash Flow
-1.13M-2.51M-4.12M-1.13M-610.62K
Operating Cash Flow
-544.83K-1.17M-1.88M-677.87K-610.62K
Investing Cash Flow
-492.95K-1.27M-2.24M-450.25K0.00
Financing Cash Flow
0.001.84M6.17M1.20M400.00K

Resource Base Limited Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.03
Price Trends
50DMA
0.03
Negative
100DMA
0.03
Negative
200DMA
0.03
Negative
Market Momentum
MACD
>-0.01
Positive
RSI
53.84
Neutral
STOCH
-9.80
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:RBX, the sentiment is Positive. The current price of 0.03 is above 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 neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 53.84 is Neutral, neither overbought nor oversold. The STOCH value of -9.80 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:RBX.

Resource Base Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (51)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
51
Neutral
$2.03B-1.27-21.09%4.14%2.90%-30.49%
AURBX
32
Underperform
AU$2.88M-61.05%22.86%
$129.27M-21.25%
$112.30M-17.81%
$168.07M-4.75%
$33.16M-19.25%
$134.53M-19.11%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:RBX
Resource Base Limited
0.03
-0.01
-25.00%
CXOXF
Core Lithium Ltd
0.06
0.00
0.00%
SYAXF
Sayona Mining
0.01
-0.01
-50.00%
GSCCF
ioneer Limited
0.07
-0.02
-22.22%
LLKKF
Lake Resources N.L.
0.02
>-0.01
-33.33%
PLLTL
Piedmont Lithium
0.06
-0.05
-45.45%

Resource Base Limited Corporate Events

Resource Base Limited Expands Exploration with New Tenements and Lithium Project
Apr 30, 2025

Resource Base Limited has announced the acquisition of two promising tenements, EL7054 and EL7060, in the Gawler Craton, South Australia, which are expected to enhance its exploration prospects for rare earth elements and mineral sands. Additionally, the company is advancing its Wali Lithium Project in Québec, Canada, which holds significant potential for lithium pegmatite deposits, positioning Resource Base Limited to capitalize on the growing demand for critical minerals.

Resource Base Limited Secures Strategic Tenements on Gawler Craton
Apr 28, 2025

Resource Base Limited has been granted two exploration licenses on the Gawler Craton in South Australia, covering an area of 96km². These tenements are prospective for gold, heavy mineral sands, and rare earth elements, and are strategically located near significant mineral discoveries by neighboring companies. The appointment of experienced geologist Michael Beven as a consultant is expected to enhance the company’s exploration efforts, potentially strengthening its position in the mineral exploration industry.

Resource Base Limited Updates Director’s Securities Holdings
Mar 26, 2025

Resource Base Limited announced a change in the director’s interest, specifically concerning Brent Palmer’s indirect interests in securities. The update involves the acquisition of unlisted options through participation in an entitlement option offer, impacting Palmer’s holdings in various entities. This change reflects the company’s ongoing strategic adjustments in its executive investment portfolio, potentially influencing stakeholder perceptions and the company’s market positioning.

Resource Base Limited Issues Unquoted Options to Bolster Market Strategy
Mar 26, 2025

Resource Base Limited has announced the issuance of 15,100,575 unquoted options, set to expire on March 26, 2028. This issuance is part of a previously announced transaction and is not intended to be quoted on the ASX, reflecting the company’s ongoing strategic financial maneuvers to enhance its market positioning and operational capabilities.

Resource Base Limited Announces Results of Loyalty Option Entitlement Offer
Mar 26, 2025

Resource Base Limited announced the results of its Loyalty Option Entitlement Offer, which allowed shareholders to purchase one Loyalty option for every four shares held. The offer resulted in the acceptance of 15,100,575 Loyalty Options, raising $45,301.97, with a shortfall of 13,695,465 options. The company plans to place the shortfall options as per the prospectus, with allotment and issuance of new options completed and holding statements to be dispatched shortly.

Resource Base Limited Releases Half-Year Financial Report
Mar 13, 2025

Resource Base Limited has released its financial report for the half year ended 31 December 2024. The company is listed on the Australian Securities Exchange under the code RBX. The report includes details about the company’s directors, registered office, share registry, and auditor. The release of this financial report provides stakeholders with insights into the company’s financial performance and operational status for the specified period.

Resource Base Limited Announces Entitlement Offer for Loyalty Options
Mar 4, 2025

Resource Base Limited has announced a non-renounceable pro-rata entitlement offer, providing eligible shareholders with the opportunity to acquire unquoted options, termed ‘Loyalty Options,’ at a price of $0.003 each. This initiative aims to raise approximately $86,388 before costs. The offer is fully underwritten by the company’s directors, ensuring any shortfall will be covered. This move is expected to strengthen the company’s capital base, potentially impacting shareholder value and market positioning.

Resource Base Limited Launches Entitlement Offer
Mar 4, 2025

Resource Base Limited has announced the despatch of its Prospectus for a Non-Renounceable Entitlement Offer to eligible shareholders, with key dates outlined for the offer process. This move is part of the company’s strategy to raise capital, potentially impacting its financial position and offering stakeholders an opportunity to participate in the company’s growth.

Resource Base Limited Announces Proposed Securities Issue
Feb 24, 2025

Resource Base Limited has announced a proposed issue of securities, specifically unlisted options exercisable at $0.06 each within three years, totaling 28,796,121 options. This move is part of a standard non-renounceable pro rata issue, with key dates including an ex-date of February 27, 2025, and an issue date of March 26, 2025. The issuance aims to strengthen the company’s financial position and support its ongoing projects, potentially impacting its market standing and providing opportunities for stakeholders.

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.