Redcastle Resources Limited (AU:RC1)
ASX:RC1
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Redcastle Resources Limited
(Sydney:RC1)
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Rating:47Neutral
Price Target:
AU$0.18
▲(102.22% Upside)
Action:ReiteratedDate:05/07/26
The score is primarily constrained by weak financial performance (no revenue, recurring losses, and worsening cash burn), partially offset by a debt-free balance sheet. Technicals are mildly supportive with price above key moving averages, while valuation remains challenged due to negative earnings and no dividend yield data.
Positive Factors
Debt-free balance sheet
A net-cash-like, debt-free balance sheet materially reduces financial distress risk and gives management flexibility to pursue exploration and technical programs over months without mandatory debt servicing. This structural strength supports strategic optionality during capital markets cycles.
Negative Factors
Zero reported revenue
Having no revenue across reported periods means the company lacks an operating income stream to fund activity or prove commercial scalability. Over months this limits margin visibility, increases dependency on external funding, and magnifies execution risk before project monetization.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-free balance sheet
A net-cash-like, debt-free balance sheet materially reduces financial distress risk and gives management flexibility to pursue exploration and technical programs over months without mandatory debt servicing. This structural strength supports strategic optionality during capital markets cycles.
Read all positive factors
Redcastle Resources Limited (RC1) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$19.81M
Dividend YieldN/A
Average Volume (3M)2.48M
Price to Earnings (P/E)―
Beta (1Y)3.49
Revenue GrowthN/A
EPS Growth25.99%
CountryAU
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustrySoftware - Application
Share Statistics
EPS (TTM)-0.01
Shares Outstanding120,049,560
10 Day Avg. Volume2,008,571
30 Day Avg. Volume2,481,069
Financial Highlights & Ratios
PEG Ratio-7.64
Price to Book (P/B)8.18
Price to Sales (P/S)0.00
P/FCF Ratio-13.99
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
Redcastle Resources Limited Business Overview & Revenue Model
Company Description
Redcastle Resources Limited, through its subsidiary, a gold and mineral resources exploration company in Australia. It holds a 100% interest in the Redcastle Gold Project that covers an area of 1,088 hectares located in the Mt Margaret Mineral Fie...
How the Company Makes Money
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Redcastle Resources Limited Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
58
Neutral
Cash Flow
18
Very Negative
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
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 |
| EBITDA | -1.14M | 0.00 | -43.91K | -618.05K | -1.18M | -333.12K |
| Net Income | -1.14M | -1.07M | -570.00K | -618.00K | -1.17M | -332.58K |
Balance Sheet | ||||||
| Total Assets | 8.96M | 6.04M | 3.98M | 4.10M | 4.73M | 506.78K |
| Cash, Cash Equivalents and Short-Term Investments | 1.12M | 750.50K | 910.48K | 2.04M | 3.22M | 492.49K |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 195.60K | 142.76K | 492.43K | 49.44K | 60.01K | 97.61K |
| Stockholders Equity | 8.76M | 5.89M | 3.49M | 4.06M | 4.67M | 409.17K |
Cash Flow | ||||||
| Free Cash Flow | -905.33K | -3.45M | -1.13M | -601.35K | -580.60K | -254.00 |
| Operating Cash Flow | -903.87K | -1.32M | -151.35K | -583.00 | -1.00K | -254.48K |
| Investing Cash Flow | -3.90M | -2.13M | -977.88K | -600.76K | -579.60K | 0.00 |
| Financing Cash Flow | 3.80M | 3.29M | 0.00 | 0.00 | 4.31M | 0.00 |
Redcastle Resources Limited 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$7.03M | 56.21 | -34.60% | ― | 14.64% | -8.70% | |
47 Neutral | AU$19.81M | -2.11 | -15.51% | ― | ― | 25.99% | |
43 Neutral | AU$5.67M | -2.44 | -80.24% | ― | 15.23% | 26.09% | |
43 Neutral | AU$14.42M | -2.00 | 227.23% | ― | 4.08% | -6.25% | |
41 Neutral | AU$14.86M | -9.75 | 497.58% | ― | 39.36% | 5.75% |
* Basic Materials Sector Average
AU:RC1
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37.50%
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Redcastle Resources Limited Corporate Events
Redcastle Resources Plans Modest Share Placement to Raise New Equity
May 6, 2026
Redcastle Resources Limited has notified the ASX of a proposed placement of up to 500,000 ordinary fully paid shares, with an intended issue date of 15 May 2026. The move signals the company’s plan to raise additional equity capital, which m...
Redcastle Fast-Tracks Capital-Light Transition to Gold Production
May 5, 2026
Redcastle Resources has begun fast-tracking mobilisation for initial mining at its Queen Alexandra and Redcastle Reef deposits, marking a shift from explorer to gold producer. Heavy mining equipment is arriving at the M39/318 mining lease and blas...
Redcastle secures key approvals to launch gold mining at QA-RR in 2026
Apr 30, 2026
Redcastle Resources has secured Mining Development approval for its Queen Alexandra and Redcastle Reef deposits and a key haulage licence, positioning its joint venture with BML Ventures to commence initial mining within weeks. The regulatory mile...
Redcastle advances high-grade Redcastle Reef as TBone exploration builds growth pipeline
Apr 28, 2026
Redcastle Resources reported strong progress in the March 2026 quarter as it advances the QA and Redcastle Reef deposits toward near-term gold production within its Eastern Goldfields portfolio. The company’s assets lie in the highly prospec...
Redcastle advances Redcastle Reef drilling, resource work and mine-readiness in WA goldfields
Mar 22, 2026
Redcastle Resources has completed a detailed reverse circulation grade control drilling program at its Redcastle Reef deposit, compiling 327 holes for 13,539 metres and returning multiple thick, high-grade intercepts at mining scale. The expanded ...
Redcastle Drilling Extends Redcastle Reef Gold Target Westward
Mar 17, 2026
Redcastle Resources has reported encouraging results from a 36-hole, 1,977-metre broad-spaced drilling programme between its Redcastle Reef and Queen Alexandra prospects, with a standout intercept of 1 metre at 11.9 grams per tonne of gold from 20...
Redcastle Releases Half-Year Financial Report for December 2025
Mar 16, 2026
Redcastle Resources Limited has released its financial report for the half-year ended 31 December 2025, providing statutory accounts including profit or loss, financial position, cash flows, and changes in equity. The document includes directors&#...
Redcastle Resources Confirms Compliance for New Share Issue Under Corporations Act Exemption
Mar 9, 2026
Redcastle Resources has notified investors that it recently issued new shares without a prospectus under an exemption in the Corporations Act, following the Appendix 2A lodged with the ASX on 9 March 2026. The company confirms it is up to date wit...
Redcastle Resources Seeks ASX Quotation for 195,000 New Shares
Mar 9, 2026
Redcastle Resources Limited has applied for the quotation of 195,000 new ordinary fully paid shares on the ASX, with an issue date of 9 March 2026. The additional securities arise from the exercise of options or conversion of other convertible ins...
Redcastle Wraps Redcastle Reef Grade Control with Strong High-Grade Gold Hits
Mar 8, 2026
Redcastle Resources has received the final batch of grade control assay results from 169 reverse circulation drillholes at its Redcastle Reef deposit, completing a 327-hole program. The data confirm multiple thick, high-grade gold intercepts at mi...
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.