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Rincon Resources Ltd.
(Sydney:RCR)
Rincon Resources Ltd. (RCR) vs. iShares MSCI Australia ETF (EWA)
Rincon Resources Ltd. Business Overview & Revenue Model
Rincon Resources Ltd. Financial Statement Overview
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 17.31K | 62.10K | 0.00 |
| Gross Profit | 0.00 | -22.85K | -53.19K | -39.45K | 26.15K | -926.00 |
| EBITDA | -764.80K | -1.23M | -1.47M | -1.16M | -1.26M | -1.17M |
| Net Income | -2.11M | -1.26M | -1.53M | -1.22M | -1.30M | -1.17M |
Balance Sheet | ||||||
| Total Assets | 12.16M | 13.48M | 14.34M | 5.59M | 5.17M | 6.23M |
| Cash, Cash Equivalents and Short-Term Investments | 1.24M | 2.77M | 6.02M | 227.90K | 1.15M | 4.43M |
| Total Debt | 0.00 | 1.43K | 22.65K | 62.75K | 66.08K | 0.00 |
| Total Liabilities | 24.60K | 50.67K | 414.23K | 238.30K | 198.96K | 202.43K |
| Stockholders Equity | 12.13M | 13.43M | 13.93M | 5.35M | 4.97M | 6.03M |
Cash Flow | ||||||
| Free Cash Flow | -337.56K | -739.66K | -3.91M | -2.01M | -3.25M | -2.08M |
| Operating Cash Flow | -337.55K | -739.66K | -1.24M | -749.02K | -1.10M | -968.24K |
| Investing Cash Flow | -1.85M | -2.63M | -2.67M | -1.26M | -2.17M | -1.12M |
| Financing Cash Flow | 78.55K | 123.98K | 9.70M | 1.09M | -14.25K | 6.28M |
Rincon Resources Ltd. Technical Analysis
Rincon Resources Ltd. Peers Comparison
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% | |
47 Neutral | AU$8.53M | -5.81 | -11.29% | ― | ― | -6.38% | |
46 Neutral | AU$7.42M | -0.67 | -9.29% | ― | ― | 54.74% | |
44 Neutral | AU$10.41M | -1.70 | -100.35% | ― | ― | ― | |
43 Neutral | AU$7.24M | -2.50 | -23.96% | ― | ― | 56.90% | |
36 Underperform | AU$5.69M | -0.62 | -145.66% | ― | ― | 34.61% |
Rincon Resources Ltd. Corporate Events
Rincon Resources Limited has released its half-year financial report for the period ended 31 December 2025, providing investors with an update on its financial performance and position. The report includes standard statutory sections such as the directors’ report, financial statements, and an independent auditor’s review, indicating ongoing compliance with reporting and governance requirements.
While detailed financial metrics are not disclosed in the announcement text, the release signals that Rincon maintains regular and formal disclosure practices to the market. This level of transparency is important for shareholders and potential investors tracking the company’s progress, risk profile, and adherence to corporate governance standards.
The most recent analyst rating on (AU:RCR) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Rincon Resources Ltd. stock, see the AU:RCR Stock Forecast page.
Rincon Resources has issued and allotted 75,000,000 new fully paid ordinary shares, expanding its share capital base as detailed in its latest Appendix 2A filing. The company has confirmed that these shares were issued without a prospectus but qualify for secondary trading under the Corporations Act exemptions, and it states it is fully compliant with continuous disclosure and financial reporting obligations, implying no undisclosed information that would materially affect investors’ assessment of the company or the rights attached to the new shares.
The most recent analyst rating on (AU:RCR) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Rincon Resources Ltd. stock, see the AU:RCR Stock Forecast page.
Rincon Resources Ltd. has applied to the ASX for quotation of 75 million new ordinary fully paid shares under the code RCR, with an issue date of March 9, 2026. The move significantly increases the number of quoted securities on issue and indicates the company is executing previously flagged capital or transaction plans, potentially affecting its capital structure, liquidity, and ownership dispersion for existing and prospective shareholders.
The most recent analyst rating on (AU:RCR) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Rincon Resources Ltd. stock, see the AU:RCR Stock Forecast page.
Rincon Resources has agreed to sell its Laverton tenements in the Eastern Goldfields of Western Australia to Galleon Metals, which will assume all exploration costs, while Rincon will receive A$500,000 in Galleon shares upon Galleon’s planned IPO. The deal allows Rincon to redirect capital and management focus toward its Telfer South Gold-Copper and Crackerbox gold projects, aligning its portfolio more tightly with its core exploration priorities.
The company also plans to pursue either an outright sale or a joint venture for its West Arunta copper-focused assets, with a data room to be opened for potential partners in the coming weeks. Together, these moves mark a strategic reshaping of Rincon’s asset base, reducing non-core exposure while retaining upside via equity in Galleon and potentially bringing in partners or buyers to advance West Arunta.
The most recent analyst rating on (AU:RCR) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Rincon Resources Ltd. stock, see the AU:RCR Stock Forecast page.
Rincon Resources Ltd. has lodged an Appendix 3B with the ASX outlining a proposed capital raising through a placement or similar issue structure. The company plans to issue up to 206,666,667 new fully paid ordinary shares and 100,000,000 options exercisable at $0.025 and expiring three years from the date of issue, with the proposed issue date set for 22 April 2026.
The planned equity issuance, if completed in full, would significantly expand Rincon’s capital base and could provide substantial funding flexibility for its exploration and development programs. This raise may dilute existing shareholders but is expected to support the company’s growth objectives and strengthen its financial position for future project work.
The most recent analyst rating on (AU:RCR) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Rincon Resources Ltd. stock, see the AU:RCR Stock Forecast page.
Rincon Resources has raised $3.1 million via a two-tranche placement to professional and sophisticated investors at $0.015 per share, with $600,000 committed by directors and officers subject to shareholder approval. The pricing reflects a modest discount to recent trading levels, with Yelverton Capital acting as lead manager and receiving fees plus options, alongside proposed option grants to company directors and officers.
Proceeds will primarily fund expanded exploration at the Telfer South Gold-Copper Project, where historic Newcrest data suggests the Hasties Prospect extends over 1km with high-grade gold and copper at surface. The company plans a larger drilling program in 2026, including an expanded mineral resource estimate at Hasties and work at the Crackerbox Gold Project, positioning Rincon for potential resource growth once weather permits field mobilisation.
The most recent analyst rating on (AU:RCR) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Rincon Resources Ltd. stock, see the AU:RCR Stock Forecast page.
Rincon Resources has uncovered a significantly larger gold-copper system at its 100%-owned Telfer South Hasties prospect, about 10 kilometres southwest of the Telfer gold mine, after reinterpreting historic 1991 Newcrest rock-chip data. The review identified a new outcropping zone with assays up to 37 g/t gold and 21% copper, and confirmed an extensive high-grade zone at Hasties Central extending more than 300 metres along strike and up to 100 metres wide.
The work suggests mineral continuity between the Hasties Main and Hasties SE deposits, extending the Hasties trend to over 1 kilometre in strike and remaining open, with more than 75% of high-grade samples coming from Hasties Central and others outside the current mineral resource. Rincon is now prioritising Hasties, planning to remobilise a drill rig later this quarter to expand mineralisation at Hasties Main and Hasties SE and commence planning at Hasties Central, potentially enhancing the project’s scale and strategic value within its broader JV framework with Greatland Resources.
The most recent analyst rating on (AU:RCR) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Rincon Resources Ltd. stock, see the AU:RCR Stock Forecast page.
Rincon Resources has requested a trading halt in its securities on the ASX, pending the release of announcements tied to an update on its Telfer South Hasties Project and a capital raising initiative. The halt will remain in place until either the start of normal trading on 2 March 2026 or the publication of these announcements, signaling potentially material developments for the company’s project pipeline and funding strategy that could affect investor positioning and market valuation.
ASX Compliance confirmed that trading in Rincon’s securities is paused following the company’s formal request under ASX Listing Rule 17.1. Rincon stated it is unaware of any reasons the halt should not be granted and indicated there is no additional information required to inform the market beyond the pending project and capital raising updates.
The most recent analyst rating on (AU:RCR) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Rincon Resources Ltd. stock, see the AU:RCR Stock Forecast page.
Rincon Resources has reissued its December 2025 Quarterly Activities Report after the original filing omitted the corporate section, clarifying that no other changes have been made. The company highlighted a new multi-stage farm-in and joint venture with Greatland Resources over a large portion of its Telfer South tenements, where Greatland can earn up to 75% by staged investments and funding a decision to mine.
Rincon retains full ownership of the nearby Hasties Main and Hasties SE gold-copper deposits, where it aims to grow an existing mineral resource of 870,000 tonnes at modest gold and copper grades. Recent drilling at Hasties returned multiple high-grade gold and copper intersections from 12 of 14 reverse circulation holes, supporting Rincon’s strategy to expand resources and leverage Greatland’s Telfer processing plant under the new partnership.
The most recent analyst rating on (AU:RCR) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Rincon Resources Ltd. stock, see the AU:RCR Stock Forecast page.
Rincon Resources has secured all necessary permits for its next drilling campaign at the wholly owned Telfer South – Hasties Project, covering the Hasties Main and Hasties South-East gold-copper deposits near the Telfer mine in Western Australia. With the recent farm-in and joint venture over surrounding tenements now finalised with Greatland Resources, Rincon can focus on Hasties, where it plans to mobilise a rig later this quarter to grow the existing mineral resource, test historic anomalies first outlined by Newmont and Newcrest, and incorporate results from late-2025 drilling into a revised mineral resource estimate targeted for release by the end of the first quarter, potentially enhancing the project’s scale and value for shareholders.
The most recent analyst rating on (AU:RCR) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Rincon Resources Ltd. stock, see the AU:RCR Stock Forecast page.
Rincon Resources has entered a multi-stage farm-in and joint-venture agreement with Greatland Resources over a large portion of its Telfer South tenements, allowing Greatland to earn up to 75% by funding up to $4 million in exploration and ultimately a decision to mine, with any resulting ore to be toll-processed at Greatland’s nearby Telfer plant. Separately, Rincon continues to advance its wholly owned Hasties Main and Hasties SE gold-copper deposits, where recent drilling returned multiple high-grade gold and copper intersections, extending near-surface mineralisation by about 150 metres along strike, increasing confidence in the continuity of the deposit, and supporting plans to grow the mineral resource estimate while progressing the Hasties SE area from prospecting to a mining lease, which together enhance the company’s development options and strategic positioning in the Telfer district.
The most recent analyst rating on (AU:RCR) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Rincon Resources Ltd. stock, see the AU:RCR Stock Forecast page.
Rincon Resources director David Lenigas has increased his direct shareholding in the company through an on‑market purchase of 2 million fully paid ordinary shares for $32,000. Following the transaction on 19 December 2025, Lenigas now holds 4 million shares directly, in addition to his existing package of unlisted options and 1,045,454 shares held indirectly, further aligning his financial interests with those of other shareholders.
Rincon Resources Limited has entered into a multi-stage joint venture agreement with Greatland Resources, enabling the latter to earn up to a 75% stake in Rincon’s Telfer South Gold Project by meeting exploration and funding milestones. This collaboration allows Rincon to focus efforts on its Hasties gold-copper projects while gaining access to Greatland’s expertise and infrastructure, particularly the efficient processing capabilities of the nearby Telfer mine, which could benefit both companies and enhance exploration in the underexplored Paterson Province.
Rincon Resources Limited has requested a trading halt on its securities pending an announcement related to a significant joint venture transaction. The halt will last until the announcement is made or until normal trading resumes on December 19, 2025, whichever comes first. This move suggests a potentially impactful development for the company, which could influence its market position and stakeholder interests.