Redcastle Resources Limited (RC1) AI Stock Analysis

• Market Cap: AU$5.20M
• Dividend Yield: N/A
• Average Volume (3M): 2.91M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.01
• Revenue Growth: N/A
• EPS Growth: -21.05%
• Country: AU
• Employees: N/A
• Sector: Technology
• Sector Strength: 69
• Industry: Software - Application
• EPS (TTM): >-0.01
• Shares Outstanding: 743,566,900
• 10 Day Avg. Volume: 992,363
• 30 Day Avg. Volume: 2,906,225
• PEG Ratio: 19.22
• Price to Book (P/B): 0.05
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -3.24K
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

Redcastle Resources Limited scores low due to significant financial challenges, notably the absence of revenue and ongoing losses. Technical indicators suggest a lack of momentum, while valuation metrics reflect unprofitability and lack of income potential. The company's strong cash position provides some stability, but strategic changes are needed to improve financial health.

Redcastle Resources Limited Business Overview & Revenue Model

Company Description

Redcastle Resources Limited (RC1) is a publicly listed company operating in the mining sector, primarily focused on the exploration and development of mineral resources. The company is engaged in identifying, acquiring, and advancing mineral properties with the potential for significant economic returns, particularly in regions with rich mineral deposits.

How the Company Makes Money

Redcastle Resources Limited makes money through the exploration and development of mineral properties, which involves identifying and acquiring promising mining sites. Revenue is generated through the extraction and sale of minerals, often including gold and other valuable resources. The company's earnings are significantly influenced by the global demand for these minerals, market prices, and the success of its exploration efforts. Strategic partnerships and joint ventures with other mining companies or investors also contribute to its revenue streams, providing capital and expertise to advance project development.

Redcastle Resources Limited Financial Statement Overview

Summary

Redcastle Resources Limited faces significant challenges with its current financial structure, primarily due to the absence of revenue and ongoing operational losses. While the balance sheet shows strength in liquidity, the lack of income generation and cash flow issues highlight the need for strategic adjustments to improve financial sustainability.

Income Statement

The company has consistently reported zero revenue across all periods, indicating a lack of operational income generation. This absence of revenue results in the inability to calculate key profitability metrics such as gross profit margin, net profit margin, and revenue growth rate. The negative EBIT and net income figures suggest ongoing operational losses, which are concerning for financial stability.

Balance Sheet

The company maintains a strong cash position with no debt, resulting in a net debt of zero and a healthy equity ratio indicating strong asset backing by equity. However, the declining stockholders' equity over time and ongoing liabilities, though minimal, could pose challenges if revenue generation does not commence.

Cash Flow

The absence of operating cash flow and free cash flow data limits the analysis. The company has experienced significant capital expenditures without corresponding free cash flow generation, indicating a potential cash burn issue.

Breakdown
TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00	0.00
	Gross Profit
0.00	0.00	0.00	0.00	0.00	0.00
	EBIT
―	-469.89K	-640.88K	-1.18M	-333.66K	-418.45K
	EBITDA
0.00	-43.91K	0.00	0.00	0.00	0.00
	Net Income Common Stockholders
―	-569.99K	-618.05K	-1.17M	-332.58K	-406.77K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
3.00M	910.48K	2.04M	3.22M	492.49K	746.97K
	Total Assets
6.87M	3.98M	4.10M	4.73M	506.78K	774.99K
	Total Debt
0.00	0.00	0.00	0.00	0.00	0.00
	Net Debt
-3.00M	-910.48K	-2.04M	-3.22M	-492.49K	-746.97K
	Total Liabilities
579.77K	492.43K	49.44K	60.01K	97.61K	32.70K
	Stockholders Equity
6.29M	3.49M	4.06M	4.67M	409.17K	742.29K
Cash Flow		Free Cash Flow
―	-1.13M	―	―	―	―
	Operating Cash Flow
―	-151.35K	―	―	―	―
	Investing Cash Flow
―	-977.88K	-600.76K	-579.60K	0.00	0.00
	Financing Cash Flow
0.00	0.00	0.00	4.31M	0.00	0.00

Redcastle Resources Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CYL	75 Outperform	AU$1.43B	18.78	35.27%	―	148.01%	―
Sector *	60 Neutral	$11.39B	10.52	-6.21%	2.95%	7.68%	-11.12%
GML	47 Neutral	AU$12.67M	4.60	8.76%	―	―	―
GLN	38 Underperform	€99.31M	―	-6.71%	―	―	23.72%
MEU	35 Underperform	AU$51.85M	―	-2.31%	―	―	-33.33%
ARV	32 Underperform	$17.70M	―	-53.93%	―	―	-1133.33%
RC1	30 Underperform	AU$5.20M	―	-18.52%	―	―	-21.05%

Redcastle Resources Limited Corporate Events

Redcastle Resources Unveils Promising Assay Results for Kestrel Lode and Redcastle Reef

Redcastle Resources Limited has announced the final phase assay results from its 2025 RC Drilling program, which highlight significant potential in the Kestrel Lode and Redcastle Reef Prospects. The results indicate higher grade, shallow mineralization in the Kestrel Lode, expanding its potential as an early cashflow open pit opportunity. The drilling program, completed under budget and without safety incidents, has improved confidence in the geological markers of the Kestrel Lode, which could lead to future mine development. The results are expected to positively impact the updated Mineral Resource Estimate for Queen Alexandra, scheduled for release in June 2025, and enhance the potential for Redcastle Reef to become a satellite development.

Redcastle Resources Reports Promising Drilling Results in Eastern Goldfields

Redcastle Resources Ltd has reported positive initial outcomes from its March 2025 quarterly activities, highlighting a successful 9,700-metre Reverse Circulation (RC) drilling program across its Queen Alexandra, Redcastle Reef, and Morgan’s Castle East projects. The drilling has revealed significant gold grade intercepts, confirming extensive mineralisation potential and identifying promising satellite open-pit development opportunities. These results support the commencement of a scoping study at Queen Alexandra and suggest potential commercial expansion for future developments at Redcastle Reef and Morgan’s Castle East.

Redcastle Resources Announces Director Resignation

Redcastle Resources Limited has announced the resignation of Jeremy King from its board of directors, effective March 31, 2025. This change in leadership could impact the company’s strategic direction and stakeholder relations, as King held significant interests in the company’s securities, including unlisted and listed options, as well as shares held through Bushwood Nominees Pty Ltd.

Redcastle Resources Announces Director Resignation and Office Relocation

Redcastle Resources Limited has announced the resignation of Mr. Jeremy King from his position as a Director, effective immediately. The company expressed gratitude for his nearly ten years of service, including his role as Chair. Additionally, the company has changed its registered office and principal place of business to a new location in Subiaco, WA, while retaining the same telephone number.

Redcastle Resources Limited Releases Half-Year Financial Report

Redcastle Resources Limited has released its financial report for the half-year ending December 31, 2024. The report includes key financial statements such as the Consolidated Statement of Profit or Loss, Financial Position, Changes in Equity, and Cash Flows, along with an auditor’s review. This release provides stakeholders with insights into the company’s financial health and operational performance over the past six months, potentially impacting investor confidence and market positioning.

Redcastle Resources Unveils Promising Gold Drilling Results in Eastern Goldfields

Redcastle Resources Limited has reported promising results from its recent drilling campaign in the Eastern Goldfields, revealing significant gold mineralization at the Queen Alexandra, Redcastle Reef, and Morgan’s Castle East prospects. The drilling, completed under budget, has led to an expanded program and the initiation of scoping studies for potential open-pit developments. These findings suggest strong growth potential and strategic opportunities for future development, positioning the company favorably in the gold mining sector.