Raiden Resources Limited (RDN) AI Stock Analysis

• Market Cap: AU$20.71M
• Dividend Yield: N/A
• Average Volume (3M): 14.00M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.76
• Revenue Growth: 135.89%
• EPS Growth: -40.00%
• Country: AU
• Employees: 6
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Other Precious Metals
• EPS (TTM): >-0.01
• Shares Outstanding: 3,450,891,400
• 10 Day Avg. Volume: 4,616,153
• 30 Day Avg. Volume: 13,999,603
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 45 Neutral
• Price Target: AU$0.02 ▼(-25.00% Downside)

Overall score reflects weak financial performance driven by persistent and widening losses plus ongoing cash burn, partially offset by a debt-free balance sheet. Valuation is not supportive due to negative earnings and no dividend data, while technical analysis cannot be assessed due to missing indicators.

Positive Factors

Debt-Free Balance Sheet

A debt-free balance sheet reduces financial risk and provides flexibility for future investments or downturns, supporting long-term stability.

Strategic Gold and Copper Focus

Focusing on gold and copper acquisitions aligns with market demand for these metals, potentially enhancing Raiden's market position and growth prospects.

Director Share Acquisition

The director's share acquisition signals confidence in the company's future, potentially boosting investor trust and long-term shareholder value.

Negative Factors

Widening Losses

Widening losses indicate operational challenges and could strain financial resources, necessitating external funding and impacting long-term viability.

Negative Cash Flow

Consistently negative cash flow increases reliance on external funding, which can dilute shareholder value and limit strategic flexibility.

First Strike on Remuneration Report

A 'first strike' on the remuneration report suggests shareholder dissatisfaction, which could pressure management and affect governance practices.

Raiden Resources Limited Business Overview & Revenue Model

Company Description

Raiden Resources Limited, together with its subsidiaries, engages in the mineral exploration business in the Republic of Serbia, the Republic of Bulgaria, and Australia. The company primarily explores for gold, copper, nickel, and PGE deposits. Its flagship project is the 100% owned Mt Sholl project comprising two exploration licences covering an area of approximately 9.6 square kilometers located in the Pilbara region, Western Australia. Raiden Resources Limited is based in Victoria Park, Australia.

How the Company Makes Money

Raiden Resources Limited generates revenue primarily through the exploration and development of mineral resources, focusing on gold and copper. The company makes money by acquiring exploration rights to promising mineral properties, conducting geological surveys and drilling programs to assess resource potential, and advancing projects to increase their value. Revenue is typically realized through the sale of mineral rights or through joint ventures and partnerships with larger mining companies that have the capability to develop and produce the resources. Additionally, the company may receive funding through equity financing or strategic investments from stakeholders interested in its exploration potential.

Raiden Resources Limited Financial Statement Overview

Summary

Raiden Resources Limited is struggling financially with consistent net losses and negative cash flows, despite having a debt-free balance sheet. The company needs to improve its revenue streams and operational efficiency to enhance profitability and cash flow generation.

Income Statement

Raiden Resources Limited shows a volatile income statement with erratic revenue patterns and consistent operating losses. The Gross Profit Margin is 100%, which is misleading due to low revenue levels. The Net Profit Margin is deeply negative at -991%, reflecting significant operating inefficiency. Revenue decreased by 29% compared to the previous year, indicating instability in revenue generation. Both EBIT and EBITDA margins are negative, pointing to ongoing operational challenges.

Balance Sheet

The company's balance sheet shows a solid equity position with a Debt-to-Equity Ratio of 0 thanks to no debt, which reduces financial risk. Return on Equity is negative due to net losses, highlighting profitability challenges. The Equity Ratio of 96% indicates a strong equity base relative to total assets, suggesting sound financial stability.

Cash Flow

Raiden Resources Limited faces cash flow issues with a Free Cash Flow growth rate of -30%, indicating deteriorating cash flow health. The Operating Cash Flow to Net Income Ratio is -0.83, showing a disconnect between cash flow and accounting profits. The Free Cash Flow to Net Income Ratio is -1.35, further demonstrating cash generation challenges relative to reported losses.

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	694.72K	359.87K	506.81K	0.00	0.00
Gross Profit	0.00	359.87K	501.96K	-10.37K	-14.06K
EBITDA	-6.96M	-3.37M	-5.69M	-4.78M	-1.96M
Net Income	-6.79M	-3.57M	-5.68M	-4.79M	-1.98M
Balance Sheet
Total Assets	28.91M	21.53M	10.42M	12.89M	13.50M
Cash, Cash Equivalents and Short-Term Investments	14.31M	5.86M	962.27K	536.16K	2.70M
Total Debt	0.00	0.00	0.00	0.00	0.00
Total Liabilities	358.40K	907.01K	602.07K	424.37K	1.12M
Stockholders Equity	28.84M	20.73M	9.83M	12.46M	12.39M
Cash Flow
Free Cash Flow	-6.11M	-4.80M	-3.70M	-4.67M	-2.53M
Operating Cash Flow	-6.11M	-2.94M	-3.03M	-3.99M	-1.88M
Investing Cash Flow	-11.68M	-1.85M	339.42K	-605.34K	-653.39K
Financing Cash Flow	14.90M	9.78M	2.89M	2.42M	4.92M

Raiden Resources Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
FRS	51 Neutral	AU$232.44M	-65.08	-21.63%	―	―	86.21%
PGM	49 Neutral	AU$27.09M	-6.19	-22.35%	―	―	-128.13%
HAR	49 Neutral	AU$78.51M	-7.56	-53.67%	―	―	―
QML	46 Neutral	AU$37.03M	-6.90	-13.83%	―	―	48.47%
RDN	45 Neutral	AU$20.71M	-7.14	-28.01%	―	135.89%	-40.00%
CAE	45 Neutral	AU$42.30M	-33.08	-5.63%	―	―	43.48%

Raiden Resources Limited Corporate Events

Raiden Resources Warns of Imminent Expiry of 20 Million Unlisted Broker Options

Raiden Resources Limited, listed on the ASX under the ticker RDN, has announced that 20 million unlisted broker options exercisable at $0.05 will expire at 5:00pm AWST on 18 January 2026. The notice alerts option holders that they must submit completed exercise forms and payments before the deadline if they wish to convert these options, a routine corporate event that may influence the company’s potential capital inflows and the dilution profile for existing shareholders depending on the level of participation.

The most recent analyst rating on (AU:RDN) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Raiden Resources Limited stock, see the AU:RDN Stock Forecast page.

Raiden Resources Director Increases Shareholding

Raiden Resources Limited has announced a change in the director’s interest notice, specifically concerning Ms. Kyla Garic. Ms. Garic has acquired 2,000,000 fully paid ordinary shares through an on-market trade, increasing her total holdings to 12,577,534 shares under the Moko account. This acquisition reflects a strategic move by the director, potentially signaling confidence in the company’s future prospects.

Raiden Resources Faces ‘First Strike’ at 2025 AGM

Raiden Resources Limited, a company listed on the Australian Securities Exchange, held its 2025 Annual General Meeting where key resolutions were voted on by shareholders. Notably, the resolution to adopt the 2025 Remuneration Report faced significant opposition, with more than 25% of votes against it, marking a ‘first strike’ under the Corporations Act 2001. Other resolutions included the re-election of a director and the approval of a proportional takeover provision, which were carried, while the approval of a 10% placement facility was not carried.

Raiden Resources Targets Near-Term Gold Production and Growth

Raiden Resources Limited presented at their Annual General Meeting in November 2025, highlighting their strategic focus on near-term gold production and value-accretive growth. The company has secured a significant opportunity in gold tailings reprocessing and identified new gold and silver targets, which could enhance their operational capabilities and market position. However, the potential for gold resources and production remains conceptual and subject to further exploration and regulatory approvals.

Raiden Resources Announces New Securities Issue to Bolster Exploration Efforts

Raiden Resources Limited has announced a proposed issue of 7,142,857 ordinary fully paid securities, scheduled for January 7, 2026. This move is part of a strategic placement aimed at strengthening the company’s financial position and supporting its ongoing exploration and development activities, potentially impacting its market positioning and stakeholder interests.

Raiden Resources Secures Major Stake in Brazilian Gold Tailings Project

Raiden Resources Limited has secured an 85% commercial interest in the Crixás Gold Tailings Project in Brazil, a site with significant gold-bearing material from historical artisanal mining. The company plans to evaluate and potentially develop a 100tph gravity processing plant, aligning with its strategy to enhance shareholder value through capital-efficient projects. This acquisition is part of Raiden’s broader strategy to explore further gold and copper opportunities, while also considering divestment of non-core assets.

Raiden Resources Announces Cessation of Performance Rights

Raiden Resources Limited announced the cessation of 1,500,000 performance rights due to the lapse of conditional rights, as the conditions were not met or became incapable of being satisfied. This development may impact the company’s capital structure and could influence investor perceptions regarding the company’s operational strategies and future performance.

Raiden Resources Advances Exploration with Promising Gold Discoveries

Raiden Resources Limited reported significant progress in its exploration activities during the September 2025 quarter, particularly at the Vuzel Gold Project in Bulgaria. The company completed approximately 3,450 meters of drilling across Phases 1 and 2, revealing widespread gold mineralization with most drill holes intersecting gold. A high-grade feeder structure was identified, and new exploration targets were delineated, expanding the project’s potential. Raiden also retained full ownership of the Mt Sholl Project and continued to explore new acquisition and divestment opportunities, maintaining a cash balance of $13.25 million.

Raiden Resources Announces 2025 AGM Details

Raiden Resources Limited, a company listed on the Australian Securities Exchange under the code RDN, has announced its upcoming Annual General Meeting (AGM) scheduled for 20 November 2025 in Perth. Shareholders are informed that nominations for director elections have closed, and the meeting materials are available online. The company emphasizes the importance of reviewing the Notice of Meeting and encourages shareholders to submit proxy forms if unable to attend.