Ronin Resources Ltd (RON) AI Stock Analysis

• Market Cap: N/A
• Dividend Yield: N/A
• Average Volume (3M): 32.06K
• Price to Earnings (P/E): ―
• Beta (1Y): <0.01
• Revenue Growth: N/A
• EPS Growth: 77.13%
• Country: AU
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 68
• Industry: Other Precious Metals
• EPS (TTM): >-0.01
• Shares Outstanding: 40,375,010
• 10 Day Avg. Volume: 45,344
• 30 Day Avg. Volume: 32,057
• PEG Ratio: -0.22
• Price to Book (P/B): 1.53
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -19.06K
• 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

• Rating: 37 Underperform
• Price Target: ―

Ronin Resources Ltd faces significant financial difficulties with consistent net losses and negative cash flows, severely impacting its financial performance score. Despite a strong balance sheet with no debt and substantial cash reserves, the lack of revenue generation is a critical weakness. Technical analysis shows no clear momentum, and valuation metrics are unfavorable due to negative earnings. These factors contribute to a low overall stock score.

Ronin Resources Ltd Business Overview & Revenue Model

Company Description

Ronin Resources Ltd engages in the acquisition, development, evaluation, and exploration of mineral properties in Colombia. The company primarily explores for thermal coal, as well as gold and copper deposits. It holds a 100% interest in the Vetas project, which include one mining title and one mining concession application located in the Colombian Department of Norte de Santander; and the Santa Rosa project, including three mining license applications situated in the foothills of the Serranía de San Lucas in the municipality of Santa Rosa Sur, Department of Bolivár in northern Colombia. The company was incorporated in 2018 and is headquartered in Melbourne, Australia.

How the Company Makes Money

Ronin Resources Ltd generates revenue through the exploration and development of mineral resource projects. The company identifies and acquires mineral-rich properties, conducts exploration activities to assess the viability and value of these resources, and subsequently develops them for commercial extraction. Revenue is primarily derived from the sale of extracted minerals such as gold and copper to industrial manufacturers, commodity traders, and other buyers in the global market. Additionally, Ronin Resources may form strategic partnerships or joint ventures with other mining companies to share the costs and profits of large-scale projects. The company's earnings are significantly influenced by fluctuations in commodity prices, exploration success, and the efficiency of its extraction operations.

Ronin Resources Ltd Financial Statement Overview

Summary

Ronin Resources Ltd faces significant financial challenges due to its inability to generate revenue, leading to persistent net losses and negative cash flows. While the company maintains a debt-free balance sheet with strong liquidity from cash reserves, long-term viability is at risk without operational income. Strategic changes are necessary to improve revenue streams and achieve financial sustainability.

Income Statement

Ronin Resources Ltd has reported no revenue over multiple years, indicating a lack of operational income generation. The company consistently incurs significant net losses, reflecting poor profitability. The absence of gross profit margins and negative EBIT and EBITDA margins further underscore operational challenges. The inability to generate revenue is a critical weakness, impacting overall financial performance.

Balance Sheet

Ronin Resources Ltd maintains a strong equity position with no debt, leading to a favorable debt-to-equity ratio of 0. The company's equity is nearly equivalent to its total assets, resulting in a high equity ratio. However, declining stockholder equity over recent years and a history of negative equity in earlier years highlight financial instability. The company's balance sheet reflects solid liquidity with substantial cash reserves but raises concerns regarding long-term financial health without revenue generation.

Cash Flow

The company consistently reports negative operating and free cash flows, indicating insufficient cash generation from operations. The lack of revenue affects cash flow sustainability, with cash reserves being a primary source for operational funding. The operating cash flow to net income ratio is poor, aligning with consistent net losses. Although cash reserves remain, the inability to generate positive cash flow from operations poses a significant concern for future financial stability.

Breakdown	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement
Total Revenue	0.00	0.00	0.00	13.00	0.00
Gross Profit	0.00	0.00	0.00	13.00	0.00
EBITDA	-1.17M	35.95K	-99.46K	-57.97K	-134.00K
Net Income	-1.17M	-621.00K	-503.00K	-268.00K	-134.00K
Balance Sheet
Total Assets	3.21M	3.97M	4.35M	4.73M	―
Cash, Cash Equivalents and Short-Term Investments	3.17M	3.94M	4.32M	4.73M	―
Total Debt	0.00	0.00	0.00	0.00	0.00
Total Liabilities	35.12K	81.57K	166.75K	54.80K	195.00K
Stockholders Equity	3.17M	3.89M	4.19M	4.67M	-186.98K
Cash Flow
Free Cash Flow	-728.22K	-710.30K	-496.98K	-172.67K	-195.39K
Operating Cash Flow	-728.22K	-710.30K	-496.98K	-172.67K	-195.39K
Investing Cash Flow	0.00	0.00	0.00	―	0.00
Financing Cash Flow	-18.00K	300.00K	4.48M	500.78K	70.07K

Ronin Resources Ltd Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.14
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:RON, the sentiment is Negative. The current price of 0.14 is below the 20-day moving average (MA) of 0.14, below the 50-day MA of 0.16, and below the 200-day MA of 0.17, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 41.25 is Neutral, neither overbought nor oversold. The STOCH value of 50.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:RON.

Ronin Resources Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	63 Neutral	$10.29B	9.98	0.11%	3.07%	2.29%	-33.40%
OCT	44 Neutral	AU$2.07M	―	-46.53%	―	―	-126.60%
AS2	42 Neutral	AU$4.85M	―	-72.62%	―	―	26.14%
RCR	42 Neutral	AU$4.97M	―	-14.99%	―	―	60.71%
RON	37 Underperform		―	-9.50%	―	―	77.13%
DUN	34 Underperform	AU$2.04M	―	-25.98%	―	-100.00%	70.77%
M3M	34 Underperform	AU$2.10M	―	-103.28%	―	―	30.00%

Ronin Resources Ltd Corporate Events

Ronin Resources Advances La Punilla Project Amidst Strategic Expansion Efforts

Ronin Resources Ltd has made significant progress in advancing its La Punilla gold-silver project in San Juan, Argentina, by submitting mineral exploration applications over a large area considered promising for gold-silver mineralization. This project is strategically located near other major mining operations, potentially enhancing Ronin’s position in the region. The company is also exploring new business development opportunities and maintains a healthy cash reserve of $3.39 million, indicating a stable financial position to support its ongoing and future projects.

Ronin Resources Ltd Releases Half-Year Financial Report

Ronin Resources Ltd, listed on the Australian Securities Exchange, has released its half-year financial report for the period ending December 31, 2024. The report provides insights into the company’s financial performance and strategic direction, which could impact its market positioning and stakeholder interests.

Ronin Resources Schedules Virtual 2025 Extraordinary General Meeting

Ronin Resources Limited has announced that its 2025 Extraordinary General Meeting will be held virtually on March 24, 2025. Shareholders are encouraged to vote by proxy due to the virtual nature of the meeting, with provisions made for online participation and voting on resolutions. The company emphasizes the importance of checking for any updates or changes to the meeting arrangements on the ASX website.

Ronin Resources Ltd Announces Virtual Extraordinary General Meeting

Ronin Resources Ltd has announced an Extraordinary General Meeting to be held virtually on March 24, 2025. Shareholders are encouraged to submit their proxies early and can participate in the meeting online, where they can ask questions and vote on resolutions. The primary resolution involves the ratification and approval of a prior issue of shares to professional and sophisticated investors, which is a significant step in compliance with ASX Listing Rule 7.4.