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Raiden Resources Limited
(Sydney:RDN)
Raiden Resources Limited (RDN) vs. iShares MSCI Australia ETF (EWA)
Raiden Resources Limited Business Overview & Revenue Model
Raiden Resources Limited Financial Statement Overview
| Breakdown | |||||
| TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 419.80K | 359.87K | 506.81K | 0.00 | 0.00 | 0.00 | Gross Profit |
| 269.51K | 359.87K | 501.96K | -10.37K | -14.06K | -14.62K | EBIT |
| ― | -4.01M | -6.20M | -4.78M | -1.98M | -1.59M | EBITDA |
| -1.63M | -3.37M | -5.69M | -4.78M | -1.96M | -1.59M | Net Income Common Stockholders |
| ― | -3.57M | -5.68M | -4.79M | -1.98M | -1.59M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 16.61M | 5.86M | 962.27K | 536.16K | 2.70M | 314.27K | Total Assets |
| 32.98M | 21.53M | 10.42M | 12.89M | 13.50M | 576.43K | Total Debt |
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | Net Debt |
| -16.38M | -5.71M | -737.79K | -536.16K | -2.70M | -314.27K | Total Liabilities |
| 1.48M | 907.01K | 602.07K | 424.37K | 1.12M | 266.30K | Stockholders Equity |
| 31.62M | 20.73M | 9.83M | 12.46M | 12.39M | 310.14K |
| Cash Flow | Free Cash Flow | ||||
| ― | -4.80M | -3.70M | -4.67M | -2.53M | -1.43M | Operating Cash Flow |
| ― | -2.94M | -3.03M | -3.99M | -1.88M | -1.35M | Investing Cash Flow |
| -1.41K | -1.85M | 339.42K | -605.34K | -653.39K | -74.33K | Financing Cash Flow |
| 14.93K | 9.78M | 2.89M | 2.42M | 4.92M | 1.42M |
Raiden Resources Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
51 Neutral | $1.98B | -1.26 | -21.11% | 5.99% | 2.92% | -30.46% | |
43 Neutral | €13.80M | ― | -21.87% | ― | 27.05% | -72.73% | |
| $8.23M | ― | -53.93% | ― | ― | ― | ||
| $52.06M | ― | -6.55% | ― | ― | ― | ||
| $21.17M | ― | -20.67% | ― | ― | ― | ||
40 Underperform | AU$61.71M | ― | -51.66% | ― | ― | 59.92% |
Raiden Resources Limited Corporate Events
Raiden Resources Limited has announced a strategic update aimed at maximizing shareholder value through disciplined capital deployment and portfolio optimization. With a cash reserve of approximately $15 million, the company plans to focus on advancing key projects like the Vuzel gold drilling program while pausing near-term expenditure on the Andover Lithium Projects due to market conditions. Raiden is also exploring potential divestments or partnerships for non-core assets to strengthen its balance sheet. The company is enhancing investor communications with the launch of InvestorHub and a new website to improve market visibility and alignment with its strategic direction.
Raiden Resources Limited has reported significant progress in its exploration activities for the quarter ending March 2025. The company received assay results from its maiden drilling program at the Andover South Project, revealing high-grade lithium mineralization in certain target areas. Additionally, new mineralization extensions were identified at the Mt Sholl Ni-Cu-PGE Project, and gold anomalies were discovered at the Arrow Gold Project. The initiation of a second drilling campaign at the Vuzel Gold Project in Bulgaria marks continued exploration efforts. Financially, Raiden maintains a strong cash position of $14.9 million, with ongoing efforts to optimize expenses and reduce corporate overheads.
Raiden Resources Limited has announced a change in the director’s interest, specifically concerning Mr. Michael Davy. The company reported that Mr. Davy, through Davy Corp Pty Ltd ATF Davy Investment, acquired an additional 5,000,000 fully paid ordinary shares via on-market trades, increasing his total holdings to 35,023,215 shares. This acquisition, valued at $22,500, suggests a strategic move by Mr. Davy to strengthen his stake in the company, potentially indicating confidence in the company’s future prospects and stability.
Raiden Resources Limited announced the cessation of Mr. Dale Richard Ginn as a director effective April 1, 2025. This change in the board of directors is a significant move for the company, which may impact its strategic direction and stakeholder relations. Mr. Ginn held 9,750,000 ordinary shares through HSBC Custody Nominees (Australia) Limited.
Raiden Resources Limited announced the resignation of Non-Executive Director Dale Ginn, effective immediately. The company expressed gratitude for his contributions over the past four years. This change is part of Raiden’s strategy to streamline its board structure while maintaining flexibility for future appointments that align with its strategic objectives. The company remains committed to delivering shareholder value and strengthening its operations and board.
Raiden Resources Limited has released its interim report for the period ending December 31, 2024. The report outlines the company’s ongoing operations and strategic initiatives, which are aimed at enhancing its position in the mining sector. This announcement may have implications for stakeholders as it reflects the company’s commitment to advancing its projects and potentially increasing shareholder value.
Raiden Resources Limited has announced promising results from its recent Mt Sholl drilling program, which was conducted in partnership with First Quantum Minerals. The program, consisting of 10 reverse circulation holes, has identified potential extensions to existing nickel-copper-cobalt mineralization and new targets in the Keel area. These findings suggest the possibility of expanding the current mineral resource, with pending assays for platinum group elements and gold potentially adding further value. The company’s active exploration strategy, supported by joint ventures, continues to yield positive outcomes while maintaining financial stability.
Raiden Resources Limited has announced the completion of an Aircore drilling program at the Arrow Gold Project, which aimed to confirm geochemical anomalies and identify gold-bearing structures. The drilling, conducted by joint venture partner Mallina Co Pty Ltd, covered 79 holes and revealed promising results, including gold and arsenic anomalies. Raiden retains full rights to lithium-caesium-tantalum discoveries while further analysis and exploration activities are being planned to refine potential drill targets, reinforcing the project’s positive outlook.