Renegade Exploration Limited (RNX) AI Stock Analysis

• Market Cap: AU$8.28M
• Dividend Yield: N/A
• Average Volume (3M): N/A
• Price to Earnings (P/E): ―
• Beta (1Y): 0.94
• Revenue Growth: N/A
• EPS Growth: -18.18%
• Country: AU
• Employees: 1
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): >-0.01
• Shares Outstanding: 2,069,796,900
• 10 Day Avg. Volume: N/A
• 30 Day Avg. Volume: N/A
• PEG Ratio: -0.13
• Price to Book (P/B): 1.01
• Price to Sales (P/S): 243.92
• P/FCF Ratio: -1.75
• 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: 46 Neutral
• Price Target: AU$0.01 ▲(0.00% Upside)

The score is primarily constrained by weak financial performance—persistent losses, very small/volatile revenue, and ongoing cash burn that elevates funding risk—partly offset by a comparatively better balance sheet with modest leverage. Technical and valuation inputs were not provided, so they could not materially support or detract from the result.

Positive Factors

Strategic Expansion

The acquisition of the Rooster Hill Monazite Project positions Renegade favorably in the rare earth elements sector, aligning with growing demand and supportive U.S. policies, which could enhance its market position and long-term growth potential.

Promising Exploration Results

The high-grade results from the Caisson Project indicate potential for significant mineral deposits, supporting further exploration and enhancing Renegade's prospects in the lucrative precious metals market.

Government Policy Support

New Canadian policies, including financial incentives for critical minerals, align with Renegade's strategic focus, potentially improving capital access and operational efficiency, enhancing long-term industry positioning.

Negative Factors

Weak Financial Performance

The company's weak financial performance, characterized by declining revenue and widening losses, poses a significant challenge to its sustainability and ability to fund future exploration activities.

Negative Cash Flow

Consistently negative cash flow indicates that the core business is consuming cash, increasing funding risk and potentially limiting the company's ability to invest in growth opportunities.

Ongoing Cash Burn

The ongoing cash burn, with worsening free cash flow, highlights financial strain and the need for external funding, which could impact long-term operational stability and strategic initiatives.

Renegade Exploration Limited Business Overview & Revenue Model

Company Description

Renegade Exploration Limited discovers, acquires, explores for, and develops mineral deposits in Australia. It primarily explores for copper and gold deposits. The company holds a 23% interest in the Carpentaria Joint Venture project located in the Cloncurry region of Queensland. It also holds an option to acquire a 75% interest in the North Isa project located in Queensland. The company was formerly known as Overland Resource Limited. Renegade Exploration Limited was incorporated in 2005 and is headquartered in West Perth, Australia.

How the Company Makes Money

Renegade Exploration Limited generates revenue primarily through the exploration and development of mineral resources. The company seeks to discover valuable mineral deposits, which can then be sold or developed into mining operations. Key revenue streams include the sale or joint venture of exploration projects to larger mining companies, who possess the capital and infrastructure to develop these resources further. Additionally, Renegade Exploration may earn income from strategic partnerships and alliances with other entities in the mining sector, facilitating access to new projects and technologies. Factors such as commodity prices, exploration success, and regulatory environments significantly influence the company's earnings.

Renegade Exploration Limited Financial Statement Overview

Summary

Renegade Exploration Limited demonstrates revenue growth and a strong equity base with no debt. However, persistent losses and negative cash flows highlight operational challenges. The company needs to address profitability and operational efficiency to convert revenue growth into sustainable financial performance.

Income Statement

Renegade Exploration Limited shows consistent revenue growth over the years, with a significant increase in 2024. However, the company is struggling with profitability, as indicated by negative EBIT and net income margins. Despite the revenue growth, the company's heavy losses and negative EBITDA suggest operational inefficiencies or high costs relative to revenue.

Balance Sheet

The company maintains a strong equity position with no debt, resulting in a favorable debt-to-equity ratio. The equity ratio remains healthy, indicating a solid asset base funded by equity. However, the company has faced fluctuating stockholders' equity, which could pose risks if liabilities increase without corresponding asset growth.

Cash Flow

The cash flow statement reveals negative operating and free cash flows, indicating cash outflows from operations. This suggests the company is not generating sufficient cash from its core activities. While financing activities have brought in cash infusions, reliance on external financing could be risky without improvements in operational cash flow.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	24.86K	15.78K	5.74K	4.31K	0.00	1.00K
Gross Profit	24.86K	15.78K	5.74K	-12.50K	0.00	1.00K
EBITDA	-1.19M	-1.16M	-1.11M	-1.51M	823.25K	-812.57K
Net Income	-1.69M	-1.69M	-1.14M	-1.54M	976.64K	-1.09M
Balance Sheet
Total Assets	5.16M	5.16M	6.29M	3.82M	4.96M	3.60M
Cash, Cash Equivalents and Short-Term Investments	82.89K	78.39K	1.20M	189.67K	2.73M	406.70K
Total Debt	820.00K	820.00K	0.00	0.00	0.00	0.00
Total Liabilities	1.33M	1.33M	952.61K	993.59K	1.24M	1.03M
Stockholders Equity	3.83M	3.83M	5.34M	2.83M	3.72M	2.57M
Cash Flow
Free Cash Flow	-1.13M	-2.20M	-1.64M	-2.15M	-1.13M	-1.06M
Operating Cash Flow	-834.30K	-834.30K	-852.91K	-959.65K	-307.06K	-529.05K
Investing Cash Flow	-1.07M	-1.07M	-683.09K	343.50K	462.75K	-287.38K
Financing Cash Flow	820.00K	792.33K	2.65M	175.00K	730.09K	730.09K

Renegade Exploration 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%
RNX	46 Neutral	AU$8.28M	―	-36.96%	―	―	-18.18%
SHP	46 Neutral	AU$3.95M	-0.64	-492.76%	―	―	72.85%
AYT	46 Neutral	AU$7.92M	―	-50.07%	―	―	-733.33%
ZMI	43 Neutral	AU$5.82M	-2.89	-19.60%	―	―	38.71%
MQR	43 Neutral	AU$7.36M	-0.57	-72.76%	―	―	-1.73%
EV1	43 Neutral	AU$5.38M	-0.87	-74.67%	―	―	71.25%

Renegade Exploration Limited Corporate Events

Renegade Exploration Expands U.S. Presence with Rare Earth Project

Renegade Exploration Limited has secured an exclusive lease and option agreement to acquire the Rooster Hill Monazite Project in Wyoming, USA, a site with significant potential for rare earth elements (REEs). The project marks the company’s strategic move to capitalize on the growing demand for REEs, supported by favorable U.S. industrial policies, which could enhance its position in the critical minerals sector.

Renegade Exploration Reports Promising Results at Caisson Project

Renegade Exploration Limited has reported promising high-grade gold-silver-copper rock chip results from its Caisson Project in Nevada, with samples showing up to 50.8 g/t gold. These findings, along with previously reported results, highlight the potential for significant mineral deposits in the area, encouraging further exploration. The project is situated in a geologically rich region that hosts numerous world-class mineral deposits, aligning with the growing interest in western Nevada driven by recent discoveries and a strong precious metals market.

Renegade Exploration Identifies Promising Gold Prospect at Yukon Project

Renegade Exploration Limited has announced that its Myschka prospect at the Yukon Project in Canada exhibits similar characteristics to other major Reduced Intrusion-Related Gold System (RIRGS) deposits within the Tintina Gold Province’s Tombstone Gold Belt. Following successful rock chip sampling, field mapping, and a helicopter-magnetics survey, the company is planning a maiden drill program at Myschka in 2026. This development positions Renegade favorably in the exploration hotspot of the Tombstone Gold Belt, with the Yukon region being recognized as a supportive investment destination due to Canada’s growing financial and regulatory support for explorers.

Renegade Exploration Targets Promising Gold Prospect in Yukon

Renegade Exploration Limited has announced that its Myschka gold prospect at the Yukon Project in Canada exhibits similar characteristics to other major Reduced Intrusion-Related Gold System (RIRGS) deposits in the Tintina Gold Province’s Tombstone Gold Belt. The company plans to initiate a maiden drill program in 2026, following promising results from recent rock chip sampling and geophysical surveys. This development positions Renegade Exploration favorably within the region, which is recognized as an exploration hotspot, and underscores Canada’s supportive environment for mining exploration.

Renegade Exploration to Benefit from Canadian Critical Minerals Policies

Renegade Exploration Limited is poised to benefit from new Canadian government policies aimed at bolstering the development of critical minerals. The announcement of a C$2 billion sovereign fund and the expansion of the Critical Mineral Exploration Tax Credit to include germanium aligns with Renegade’s strategic focus on critical metals. These measures are expected to enhance capital connections, expedite approvals, and create offtake pathways, positioning Renegade favorably within the industry. The company’s Yukon projects, particularly the Yukon Andrew Zinc Deposit and Myschka prospect, are well-situated to leverage these initiatives, potentially strengthening their role in the clean-energy and advanced-technology sectors.

Renegade Exploration Expands Portfolio with New Acquisitions in Nevada

Renegade Exploration Limited has completed the acquisition of four promising projects in the Nevada Walker Lane trend, a region noted for its gold-silver and base metal potential. The company has initiated field programs in Nevada and Yukon, with the Fireball Ridge Gold-Silver Project being a significant addition. These developments are expected to enhance Renegade’s exploration capabilities and strengthen its position in the mining industry.

Renegade Exploration Schedules 2025 Annual General Meeting

Renegade Exploration Limited has announced its 2025 Annual General Meeting, scheduled to be held in person on 28 November 2025 in Brisbane. The company has made available the Notice of Meeting and Explanatory Memorandum online, encouraging shareholders to access these documents digitally. This move reflects a modern approach to shareholder communication and engagement, potentially enhancing transparency and accessibility for stakeholders.

Renegade Exploration Expands Nevada Portfolio with Fireball Ridge Acquisition

Renegade Exploration Limited has acquired an option over the Fireball Ridge Project in Nevada, expanding its portfolio to five projects in the Walker Lane Trend. The acquisition allows for quick commencement of exploration activities on a historically significant site with potential for gold and silver extraction, enhancing the company’s strategic positioning in the region.

Renegade Exploration Issues New Shares to Strengthen Capital

Renegade Exploration Limited announced the issuance of 12,166,666 fully paid ordinary shares at an issue price of $0.005 each. This move, compliant with the Corporations Act 2001, indicates the company’s strategic financial maneuver to potentially enhance its capital base without requiring disclosure to investors, reflecting a robust adherence to regulatory standards.

Renegade Exploration Limited Announces New Securities Issuance

Renegade Exploration Limited has announced the issuance of 12,166,666 fully paid ordinary securities, which are set to be quoted on the Australian Securities Exchange (ASX) under the code RNX. This move is part of the company’s strategic efforts to bolster its financial standing and support its ongoing exploration activities, potentially impacting its market positioning and providing new opportunities for stakeholders.

Renegade Exploration Issues New Shares Without Disclosure

Renegade Exploration Limited has issued 5,600,000 fully paid ordinary shares at a price of $0.003 each. This issuance was conducted without a formal disclosure to investors, in compliance with relevant sections of the Corporations Act 2001. The company has confirmed adherence to necessary legal provisions and stated there is no excluded information that needs to be disclosed. This move may impact the company’s financial structure and market positioning, potentially influencing stakeholder interests.

Renegade Exploration Issues Unquoted Equity Securities

Renegade Exploration Limited has announced the issuance of unquoted equity securities in the form of unlisted options. The company will issue 20 million unlisted options, divided equally between options exercisable at $0.005 and $0.01, both expiring on September 30, 2027. This issuance is part of a previously announced transaction and is not intended to be quoted on the ASX, potentially impacting the company’s financial structuring and stakeholder interests.

Renegade Exploration Limited Announces Quotation of New Securities

Renegade Exploration Limited has announced the quotation of 5,600,000 fully paid ordinary securities on the Australian Securities Exchange (ASX) as part of a previously announced transaction. This move is expected to strengthen the company’s financial position and could potentially impact its market standing by increasing liquidity and attracting more investors.