Want to see AU:RND full AI Analyst Report?
Top Page
Rand Mining Limited
(Sydney:RND)
Select Model
Select Model
Rating:73Outperform
Price Target:
AU$2.50
▲(1.21% Upside)
Action:Reiterated
Date:08/04/26
The score is supported mainly by strong financial fundamentals (especially a conservatively positioned, near debt-free balance sheet) and attractive valuation (low P/E and high dividend yield). These positives are tempered by weak technical signals, with the stock trading below major moving averages and negative momentum indicators.
Positive Factors
Conservative balance sheet
A near debt-free balance sheet provides durable financial flexibility to fund exploration, development or opportunistic M&A without reliance on costly external borrowing. Rising equity and assets since 2021 and improved ROE versus 2024 strengthen the company's capacity to withstand commodity cycles and support long-term project funding.
Negative Factors
Cyclical revenue & earnings
Exposure to gold-market cycles has produced volatile revenue and earnings (including a 2020 loss and declines in 2022–2023), reducing predictability of cash flows. This structural cyclicality complicates multi-year investment planning, makes sustaining consistent returns harder, and increases reliance on prudent balance-sheet management.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative balance sheet
A near debt-free balance sheet provides durable financial flexibility to fund exploration, development or opportunistic M&A without reliance on costly external borrowing. Rising equity and assets since 2021 and improved ROE versus 2024 strengthen the company's capacity to withstand commodity cycles and support long-term project funding.
Read all positive factors
Rand Mining Limited (RND) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$126.26M
Dividend Yield4.56%
Average Volume (3M)9.56K
Price to Earnings (P/E)8.2
Beta (1Y)0.40
Revenue Growth6.77%
EPS Growth71.42%
CountryAU
Employees1
SectorBasic Materials
Sector Strength58
IndustryGold
Share Statistics
EPS (TTM)0.27
Shares Outstanding56,875,960
10 Day Avg. Volume7,238
30 Day Avg. Volume9,561
Financial Highlights & Ratios
PEG Ratio0.09
Price to Book (P/B)0.97
Price to Sales (P/S)2.38
P/FCF Ratio17.13
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
Rand Mining Limited Business Overview & Revenue Model
Company Description
Australian-based Rand Mining Limited is actively engaged in the exploration, development, and production of mineral resources across the continent. The company's primary focus is on identifying and extracting gold and silver deposits. It holds a 1...
How the Company Makes Money
null...
Rand Mining Limited Financial Statement Overview
Summary
Income Statement
78
Positive
Balance Sheet
92
Very Positive
Cash Flow
70
Positive
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 43.88M | 43.28M | 34.76M | 30.14M | 32.06M | 43.22M |
| Gross Profit | 29.58M | 29.74M | 35.16M | 17.14M | 19.05M | 26.02M |
| EBITDA | 28.92M | 26.57M | 13.32M | 14.81M | 18.57M | 26.59M |
| Net Income | 15.25M | 13.13M | 6.66M | 8.22M | 10.66M | 15.20M |
Balance Sheet | ||||||
| Total Assets | 119.73M | 112.74M | 104.24M | 102.07M | 104.67M | 101.46M |
| Cash, Cash Equivalents and Short-Term Investments | 3.34M | 3.57M | 3.17M | 2.16M | 2.16M | 1.35M |
| Total Debt | 0.00 | 0.00 | 0.00 | 11.48K | 216.39K | 828.83K |
| Total Liabilities | 9.06M | 6.63M | 5.58M | 4.38M | 9.51M | 11.27M |
| Stockholders Equity | 110.68M | 106.11M | 98.67M | 97.69M | 95.16M | 90.19M |
Cash Flow | ||||||
| Free Cash Flow | 5.07M | 6.01M | 6.71M | 5.83M | 7.05M | 7.68M |
| Operating Cash Flow | 17.43M | 19.54M | 14.45M | 9.25M | 11.11M | 12.64M |
| Investing Cash Flow | -13.01M | -13.45M | -7.75M | -3.38M | -4.02M | -4.80M |
| Financing Cash Flow | -5.69M | -5.69M | -5.70M | -5.87M | -6.28M | -12.12M |
Rand Mining Limited Technical Analysis
Negative
2.47
Price Trends
2.33
Negative
2.34
Negative
2.45
Negative
Market Momentum
-0.03
Negative
43.42
Neutral
76.00
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:RND, the sentiment is Negative. The current price of 2.47 is above the 20-day moving average (MA) of 2.25, above the 50-day MA of 2.33, and above the 200-day MA of 2.45, indicating a bearish trend. The MACD of -0.03 indicates Negative momentum. The RSI at 43.42 is Neutral, neither overbought nor oversold. The STOCH value of 76.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:RND.
Rand Mining Limited Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | AU$126.26M | 8.21 | 14.07% | 4.01% | 6.77% | 71.42% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
53 Neutral | AU$117.01M | -8.55 | -25.68% | ― | ― | -323.13% | |
48 Neutral | AU$136.20M | 27.22 | 2.67% | ― | 593.88% | 80.32% | |
46 Neutral | AU$90.36M | -18.13 | -5.07% | ― | ― | 78.49% | |
43 Neutral | AU$126.51M | -104.17 | -10.71% | ― | ― | 22.77% | |
42 Neutral | AU$136.31M | -12.08 | -13.28% | ― | ― | ― |
* Basic Materials Sector Average
AU:RND
Rand Mining Limited
2.20
0.52
31.26%
AU:GPR
Geopacific Resources Limited
0.03
>-0.01
-6.45%
AU:PGL
Pilbara Gold
0.49
0.13
34.72%
AU:TAM
Tanami Gold NL
0.06
<0.01
9.43%
AU:KAU
Kaiser Reef Ltd
0.22
0.04
22.86%
AU:FXG
Felix Gold Ltd.
0.25
0.08
51.52%
Rand Mining Limited Corporate Events
Rand Mining Publishes Q4 FY2026 EKJV Resource and Reserve Update
Jul 30, 2026
Rand Mining Limited has released the latest Mineral Resources and Ore Reserve Statement for the East Kundana Joint Venture for the fourth quarter of FY2026, as provided by operator Evolution Mining Limited. The company stresses that the technical ...
Rand Mining Cashflows Turn Negative as Golden Hind Production Ramps Up
Jul 29, 2026
Rand Mining Limited reported a decline in cash and cash equivalents to $2.086 million at 30 June 2026 from $3.78 million in March, driven by lower quarterly gold sales of $11.9 million and higher mine development and production costs. Operating ca...
Rand Mining Announces Resignation of Joint Company Secretary
Jun 25, 2026
Rand Mining Ltd is an Australian-listed mining company focused on resource exploration and development, operating in the broader mining sector under the ASX ticker RND. The company is overseen by a board including a chairman, managing director and...
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.