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Riedel Resources Limited (AU:RIE)
ASX:RIE
Australian Market

Riedel Resources Limited (RIE) AI Stock Analysis

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AU:RIE

Riedel Resources Limited

(Sydney:RIE)

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Neutral 48 (OpenAI - 5.2)
Rating:48Neutral
Price Target:
AU$0.04
▲(46.67% Upside)
The score is held down primarily by very weak financial performance (zero revenue, ongoing losses, negative operating/free cash flow) and a materially weakened balance sheet with higher leverage. Technicals provide some support via strong momentum and price above major moving averages, but extreme overbought readings raise near-term risk, while valuation is constrained by continued losses and no dividend support.
Positive Factors
Improving net loss trend
Year-over-year narrowing of the net loss shows management has reduced operating losses, a durable improvement in cost structure or expense control. If sustained, this trend lowers future funding needs and increases the probability of reaching break-even over a multi-quarter horizon.
Reduced cash burn and cleaner FCF alignment
Free cash flow closely tracking net loss and a reduction in cash burn improves transparency around true funding needs. This alignment reduces non‑cash distortions and makes multi‑period cash planning and potential fundraising or restructuring more straightforward if the trend persists.
Positive equity buffer remains
Retaining a positive equity base provides a financial cushion to absorb continued losses and supports ongoing operations without immediate insolvency. This structural buffer preserves optionality for future financing or strategic restructuring over the coming months.
Negative Factors
Zero revenue base
Revenue fell to zero, indicating no sustainable commercial engine. Over a multi-month horizon this undermines product/market validation, forces reliance on external financing, and makes long‑term business viability and scaling highly uncertain absent a clear revenue recovery path.
Persistent negative operating and free cash flow
Consistent negative operating and free cash flow consumes liquidity and increases dependence on external funding. Sustained cash outflows limit capacity to invest in product development or go-to-market activities and elevate refinancing and dilution risk over the next several quarters.
Materially weakened balance sheet and higher leverage
Sharp debt increase and collapsing equity have materially weakened financial flexibility. Higher leverage and contracting assets raise refinancing and solvency risk, constrain strategic options, and can increase borrowing costs, impairing the company's ability to execute growth or recovery plans.

Riedel Resources Limited (RIE) vs. iShares MSCI Australia ETF (EWA)

Riedel Resources Limited Business Overview & Revenue Model

Company DescriptionRiedel Resources Limited engages in the exploration and development of mineral properties in Australia, the United States, and Spain. The company explores for gold, silver, and base metal deposits. It primarily focuses on the advancement of Kingman Gold project comprising approximately 200 contiguous mining claims situated in the north-west Arizona. The company was incorporated in 2010 and is based in West Perth, Australia.
How the Company Makes MoneyRiedel Resources Limited generates revenue primarily through its exploration activities, where it seeks to discover economically viable mineral deposits. The company makes money by advancing its exploration projects to a stage where they can attract investment, joint ventures, or sale to larger mining companies. Revenue streams also include potential earnings from royalty agreements if the projects progress to production under other operators. Significant partnerships, such as joint ventures with other mining or exploration companies, can also contribute to its earnings by sharing costs and risks associated with exploration while maintaining potential upside from successful discoveries.

Riedel Resources Limited Financial Statement Overview

Summary
Financials remain very weak: FY2025 revenue fell to zero, losses are still large despite narrowing, and operating/free cash flow stayed negative. Balance-sheet risk increased materially as debt rose sharply and equity fell significantly, lifting leverage to ~1.1x debt-to-equity and increasing funding dependence.
Income Statement
8
Very Negative
The income statement remains very weak: revenue is immaterial and fell to zero in FY2025 after a small base in FY2024, and the company continues to post large losses (net loss of ~4.1m in FY2025 vs ~6.4m in FY2024). While the net loss narrowed year over year, profitability is still deeply negative and there is no clear evidence of a sustainable revenue engine yet.
Balance Sheet
22
Negative
Balance sheet risk increased materially in FY2025. Total debt rose sharply (to ~686k from ~29k in FY2024) while equity fell significantly (to ~625k from ~3.64m), pushing leverage to roughly 1.1x debt-to-equity. Assets also contracted meaningfully versus prior years, and returns on equity remain negative, indicating ongoing value erosion despite still having a positive equity base.
Cash Flow
14
Very Negative
Cash flow is pressured by continued cash burn. Operating cash flow stayed negative in FY2025 (~-478k) and free cash flow was also negative (~-478k), though the cash burn improved versus FY2024 (which included substantially more negative free cash flow). A positive note is that free cash flow broadly tracked the net loss in FY2025 (less distorted by non-cash items than in prior years), but overall funding needs remain high given persistent negative operating cash flow.
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue2.17K0.008.94K6.53K0.000.00
Gross Profit138.00-4.52K8.94K-653.000.000.00
EBITDA-4.27M-4.34M-6.23M-819.59K-525.36K-3.25M
Net Income-4.06M-4.06M-6.37M-820.24K-724.41K-3.46M
Balance Sheet
Total Assets3.16M3.16M6.43M9.66M5.61M5.34M
Cash, Cash Equivalents and Short-Term Investments470.61K470.61K160.48K2.83M1.37M2.72M
Total Debt686.07K686.07K29.35K0.000.000.00
Total Liabilities1.01M1.01M233.21K773.66K69.55K119.66K
Stockholders Equity625.02K625.02K3.64M8.89M5.55M5.22M
Cash Flow
Free Cash Flow-631.58K-477.64K-3.07M-2.10M-1.73M-1.90K
Operating Cash Flow-477.64K-477.64K-790.64K-704.00-637.00-423.00
Investing Cash Flow-216.01K-216.01K-2.32M-2.10M-1.73M-1.48M
Financing Cash Flow1.00M1.00M437.93K4.25M1.00M3.73M

Riedel Resources Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
61
Neutral
$10.43B7.12-0.05%2.87%2.86%-36.73%
49
Neutral
AU$43.73M-11.00-106.64%-36.36%
48
Neutral
AU$8.99M-0.73-190.23%47.88%
46
Neutral
AU$7.59M-14.31-38.56%21.62%
46
Neutral
AU$5.16M-47.79%52.53%
43
Neutral
AU$10.79M-27.60%36.36%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:RIE
Riedel Resources Limited
0.04
0.02
55.56%
AU:OKJ
Oakajee Corporation Ltd
0.08
0.07
730.00%
AU:CLZ
Classic Minerals Ltd.
0.01
0.00
0.00%
AU:MRD
Mount Ridley Mines Limited
0.03
0.02
175.00%
AU:C7A
Aus Tin Mining Limited
AU:CR9
Corella Resources Ltd

Riedel Resources Limited Corporate Events

Riedel Completes Key Drilling Phase and Raises Capital for Next Steps at Kingman Project
Jan 28, 2026

Riedel Resources reported that it successfully completed a 21-hole, 739-metre PQ diamond drilling program at its Kingman Gold Project in Arizona during the December 2025 quarter, targeting the Tintic deposit, Silver Fox prospect and a magnetic anomaly near historical Merrimac workings. The campaign, which generated 466 samples now in laboratory analysis, was aimed at collecting metallurgical samples, infilling shallow high-grade gold-silver zones to improve resource confidence, and testing extensions and new structural corridors, laying the groundwork for potential resource growth and more targeted drilling. The company has also advanced planning for the next phase of work, including a permitted trenching program and a new soil geochemistry survey to refine structural and geochemical targets across the project, while on the corporate front it strengthened its board with the appointment of Adrien Wing and raised A$1.78 million through an entitlement offer to support ongoing exploration and project advancement.

The most recent analyst rating on (AU:RIE) stock is a Hold with a A$0.04 price target. To see the full list of analyst forecasts on Riedel Resources Limited stock, see the AU:RIE Stock Forecast page.

Riedel Resources Issues 56 Million New Shares Under Continuous Disclosure Provisions
Dec 24, 2025

Riedel Resources Limited has issued 55,966,888 fully paid ordinary shares without a prospectus under the Corporations Act, signalling a capital-raising move to support its operations while relying on existing continuous disclosure obligations. The company confirmed it is compliant with financial reporting and continuous disclosure requirements and stated there is no excluded information that must be disclosed, a declaration aimed at reassuring investors and maintaining transparency around the expanded share capital base.

Riedel Resources Issues 5 Million Unquoted Options Expiring 2028
Dec 24, 2025

Riedel Resources Limited has notified the market of the issue of 5 million unquoted options, exercisable at A$0.06 and expiring on 30 October 2028, under its ASX code RIEAJ. The options, which are part of a previously announced transaction and are not intended to be quoted on the ASX, represent a targeted capital management move that could provide future funding flexibility and potential dilution for existing shareholders if exercised.

Riedel Resources Seeks ASX Quotation for 56 Million New Shares
Dec 24, 2025

Riedel Resources Limited has applied to the ASX for quotation of 55,966,888 new ordinary fully paid shares, expanding its listed equity base. The issuance, previously flagged in an Appendix 3B, will increase the company’s free float and potentially enhance liquidity in its stock, representing a capital structure development that may support its future corporate and operational initiatives.

Riedel Director Lifts Stake Through Rights Issue Participation
Dec 22, 2025

Riedel Resources Limited has disclosed a change in director Scott Cuomo’s holdings, reflecting his participation in the company’s recent capital-raising initiative. Cuomo increased his direct and indirect stake in the company by acquiring additional fully paid ordinary shares through acceptance of entitlements under a non-renounceable rights issue, signaling continued insider support for the equity raising and potentially reinforcing investor confidence in the company’s funding strategy and governance alignment.

Riedel Resources Seeks ASX Quotation for 15.4 Million New Shares
Dec 22, 2025

Riedel Resources Limited has applied to the ASX for quotation of 15,361,303 new fully paid ordinary shares under the ticker RIE. The issuance, lodged via an Appendix 2A, brings these previously announced securities onto the official market, modestly expanding the company’s quoted capital base and potentially enhancing liquidity for existing and new shareholders.

Riedel Resources Plans Issue of 5 Million New Options
Dec 22, 2025

Riedel Resources Limited has lodged a notice of a proposed issue of securities with the ASX, detailing a new placement of options. The company plans to issue up to 5 million options, exercisable at $0.06 and expiring on 30 October 2028, with the proposed issue date set for 24 December 2025, signaling an effort to raise additional capital and potentially strengthen its balance sheet ahead of future operational or exploration activities.

Riedel Raises Up to $1.78m Through Entitlement Offer and Shortfall Placement
Dec 22, 2025

Riedel Resources Limited has completed a pro rata non-renounceable entitlement offer to existing shareholders, issuing 15,361,303 new shares at $0.025 each and setting up the placement of a further 55,966,888 shortfall shares, for total potential proceeds of about $1.78 million before costs. The board has mandated 708 Capital Pty Ltd to place the shortfall shares, with fees including cash and unlisted options, providing Riedel with additional funding capacity to support its exploration activities and advance its Kingman Gold Project, potentially strengthening its capital position and operational momentum in the junior gold exploration sector.

Riedel Resources Announces Director’s Interest Change
Dec 8, 2025

Riedel Resources Limited announced a change in the director’s interest, specifically concerning Scott Cuomo. The change involved the expiry of 332,500 unlisted options, affecting the securities held by Mr. Cuomo and associated entities. This update reflects a routine adjustment in the director’s financial interests and does not indicate any major strategic shift or impact on the company’s operations.

Riedel Resources Announces Cessation of 457,500 Securities
Dec 8, 2025

Riedel Resources Limited has announced the cessation of 457,500 securities due to the expiry of options that were not exercised or converted by December 6, 2025. This cessation may impact the company’s capital structure and could have implications for stakeholders regarding the company’s financial strategy and market positioning.

Riedel Resources Announces $1.78 Million Entitlement Offer
Dec 4, 2025

Riedel Resources Limited has announced a pro rata non-renounceable entitlement offer to raise approximately $1.78 million by issuing new shares to eligible shareholders at a price of $0.025 per share. The offer is available to shareholders with registered addresses in Australia and New Zealand, while those outside these jurisdictions are deemed ineligible due to regulatory and cost considerations. This capital raising initiative aims to strengthen the company’s financial position and support its ongoing operations.

Riedel Resources Launches $1.78 Million Entitlement Offer
Dec 4, 2025

Riedel Resources Limited has announced a non-renounceable entitlement offer to raise approximately $1.78 million. The funds will be used for exploration, development, and corporate purposes. Eligible shareholders can subscribe for new shares at $0.025 each, with the offer closing on December 15, 2025. This move aims to strengthen the company’s financial position and support its ongoing projects.

Riedel Resources Launches Drilling at Kingman Gold Project
Nov 27, 2025

Riedel Resources Limited has initiated a diamond drilling program at its Kingman Gold Project in Arizona, aiming to expand its existing mineral resource and gather samples for metallurgical studies. The program, which is fully funded and permitted, targets near-surface, high-grade oxide mineralization and is expected to enhance the company’s resource base and support future development decisions, with assay results anticipated in January 2026.

Riedel Resources Launches $1.78 Million Entitlement Offer
Nov 25, 2025

Riedel Resources Limited announced a pro rata non-renounceable entitlement offer to raise approximately $1.78 million. The offer allows eligible shareholders to subscribe for new shares, potentially affecting the company’s share control and diluting interests of those not participating. The company aims to mitigate control effects by spreading shortfall shares among investors.

Riedel Resources Launches $1.78 Million Entitlement Offer
Nov 25, 2025

Riedel Resources Limited is launching a 1 for 2 non-renounceable pro rata entitlement offer of new shares priced at $0.025 each, aiming to raise approximately $1.78 million before costs. This move is part of the company’s strategic financial initiatives to bolster its capital base. The offer is set to close on December 15, 2025, and is primarily targeted at eligible shareholders in Australia and New Zealand. The capital raised will likely support the company’s ongoing operations and potentially enhance its market position, although specific details on the use of proceeds were not disclosed.

Riedel Resources Announces Pro Rata Issue of Securities
Nov 25, 2025

Riedel Resources Limited has announced a proposed non-renounceable pro rata issue of securities, with a maximum of 71,328,069 ordinary fully paid shares to be issued. The ex-date for this issue is set for November 28, 2025, with the record date on December 1, 2025, and the offer closing on December 15, 2025. This move is part of the company’s strategy to raise capital and potentially enhance its market position.

Riedel Resources Advances Exploration at Kingman Gold Project
Nov 13, 2025

Riedel Resources Limited has initiated a new phase of exploration at its Kingman Gold Project in Arizona by contracting Energold Drilling Corp for a 1,100m diamond drill program. This drilling effort aims to extend known high-grade gold and silver mineralization, test additional targets, and obtain metallurgical samples to support future resource growth and development. The project is strategically positioned in a historically underexplored area, and the company is focused on building momentum towards development by enhancing its resource base and conducting further technical studies.

Riedel Resources Issues New Unlisted Options
Oct 31, 2025

Riedel Resources Limited has announced the issuance of 1,000,000 unlisted options, exercisable at $0.06, with an expiry date of October 30, 2028. This strategic move could potentially enhance the company’s capital structure and provide additional financial flexibility, impacting its operational capabilities and market positioning.

Riedel Resources Announces Director Departure
Oct 31, 2025

Riedel Resources Limited announced the cessation of Michael Bohm as a director effective October 31, 2025. The notice details Bohm’s interests in securities, including fully paid ordinary shares and unlisted options, as well as his involvement with CLJML Investments Pty Ltd and Flagstaff Minerals Limited. This change in directorship may impact the company’s governance and strategic direction, potentially affecting stakeholder interests.

Riedel Resources Appoints New Director with Significant Investment
Oct 31, 2025

Riedel Resources Limited has announced the appointment of Adrien Wing as a new director, effective from October 31, 2025. Wing holds 1,000,000 unlisted options and 2,000,000 fully paid ordinary shares, indicating a significant personal investment in the company. This appointment is expected to influence the company’s strategic direction and potentially impact its market positioning.

Riedel Resources Appoints New Independent Non-Executive Director
Oct 31, 2025

Riedel Resources Limited has announced the appointment of Mr. Adrien Wing as an Independent Non-Executive Director, effective October 31, 2025. Mr. Wing brings over 25 years of experience in corporate governance and capital markets, which is expected to enhance the company’s strategic direction and governance. Concurrently, the company has accepted the resignation of Mr. Michael Bohm as Director, expressing gratitude for his contributions.

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.Date of analysis: Jan 21, 2026