Ronin Resources Ltd (AU:RON)
ASX:RON
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Ronin Resources Ltd
(Sydney:RON)
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Rating:44Neutral
Price Target:
AU$0.18
▲(25.00% Upside)
Action:Reiterated
Date:03/24/26
The score is held down primarily by weak financial performance (pre-revenue, ongoing losses, and negative free cash flow), with additional pressure from bearish technical signals (price below major moving averages and negative MACD). Valuation is difficult to assess due to negative earnings and no provided dividend yield, offering limited offset.
Positive Factors
Debt-free balance sheet
A completely unlevered balance sheet materially reduces financial distress risk and interest obligations, giving the company structural flexibility to fund exploration or operations via equity or cash without fixed debt service. This durability supports survival through extended pre-revenue periods.
Negative Factors
Pre-revenue business model
Being effectively pre-revenue means the company lacks recurring sales and proven commercial cash flow. Long-term value therefore depends on successful resource development or discovery events, introducing structural execution and commodity-price risks that can take many months or years to resolve.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-free balance sheet
A completely unlevered balance sheet materially reduces financial distress risk and interest obligations, giving the company structural flexibility to fund exploration or operations via equity or cash without fixed debt service. This durability supports survival through extended pre-revenue periods.
Read all positive factors
Ronin Resources Ltd (RON) vs. iShares MSCI Australia ETF (EWA)
Market Cap
N/A
Dividend YieldN/A
Average Volume (3M)70.92K
Price to Earnings (P/E)―
Beta (1Y)0.43
Revenue GrowthN/A
EPS Growth-6.98%
CountryAU
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryOther Precious Metals
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding40,375,010
10 Day Avg. Volume56,956
30 Day Avg. Volume70,921
Financial Highlights & Ratios
PEG Ratio0.23
Price to Book (P/B)1.73
Price to Sales (P/S)0.00
P/FCF Ratio-19.76
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
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...
How the Company Makes Money
null...
Ronin Resources Ltd Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
58
Neutral
Cash Flow
22
Negative
| Breakdown | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 13.00 |
| Gross Profit | 0.00 | 0.00 | 0.00 | 0.00 | 13.00 |
| EBITDA | 0.00 | -1.17M | 35.95K | -99.46K | -57.97K |
| Net Income | -345.79K | -1.17M | -621.00K | -503.00K | -268.00K |
Balance Sheet | |||||
| Total Assets | 3.36M | 3.21M | 3.97M | 4.35M | 4.73M |
| Cash, Cash Equivalents and Short-Term Investments | 3.32M | 3.17M | 3.94M | 4.32M | 4.73M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 98.58K | 35.12K | 81.57K | 166.75K | 54.80K |
| Stockholders Equity | 3.26M | 3.17M | 3.89M | 4.19M | 4.67M |
Cash Flow | |||||
| Free Cash Flow | -285.13K | -728.22K | -710.30K | -496.98K | -172.67K |
| Operating Cash Flow | -285.13K | -728.22K | -710.30K | -496.98K | -172.67K |
| Investing Cash Flow | 0.00 | 0.00 | 0.00 | 0.00 | -327.78K |
| Financing Cash Flow | 433.81K | -18.00K | 300.00K | 4.48M | 500.78K |
Ronin Resources Ltd Technical Analysis
Positive
0.14
Price Trends
0.17
Positive
0.18
Negative
0.18
Positive
Market Momentum
<0.01
Negative
62.56
Neutral
33.33
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:RON, the sentiment is Positive. The current price of 0.14 is below the 20-day moving average (MA) of 0.17, below the 50-day MA of 0.17, and below the 200-day MA of 0.18, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 62.56 is Neutral, neither overbought nor oversold. The STOCH value of 33.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:RON.
Ronin Resources Ltd Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
49 Neutral | AU$11.75M | -0.43 | -104.33% | ― | ― | -123.57% | |
48 Neutral | AU$10.97M | -0.67 | -16.54% | ― | ― | -25.45% | |
46 Neutral | AU$6.94M | -0.57 | -72.25% | ― | ― | 78.01% | |
46 Neutral | AU$3.59M | -3.17 | -18.79% | ― | ― | 72.77% | |
44 Neutral | ― | -7.70 | -11.80% | ― | ― | -6.98% | |
44 Neutral | AU$5.64M | -0.72 | -171.67% | ― | ― | 17.53% |
* Basic Materials Sector Average
AU:RON
Ronin Resources Ltd
0.18
-0.02
-10.00%
AU:AS2
Askari Metals Limited
0.01
0.00
0.00%
AU:RCR
Rincon Resources Ltd.
0.02
<0.01
61.54%
AU:DUN
Dundas Minerals Limited
0.05
0.03
127.27%
AU:M3M
M3 Mining Ltd.
0.03
>-0.01
-10.00%
AU:OCT
Octava Minerals Ltd.
0.03
>-0.01
-16.67%
Ronin Resources Ltd Corporate Events
Ronin bolsters La Punilla porphyry potential with stronger rock-chip and magnetic results
May 6, 2026
Ronin Resources has released an amended announcement detailing updated technical disclosures for its La Punilla Project in Argentina, alongside encouraging exploration results from recent fieldwork. The company reported strong anomalous rock-chip ...
Ronin Resources Sharpens La Punilla Porphyry Target With Strong Rock-Chip and Magnetic Results
May 3, 2026
Ronin Resources has reported strong anomalous gold, silver, copper and tungsten rock-chip results from the Quebrada Palca colour anomaly at its 100%-owned La Punilla Project in San Juan Province, Argentina. New samples returned up to 3.04 g/t gold...
Ronin Resources Advances La Punilla Exploration, Completes Drone Survey and Maintains Cash Buffer
Apr 29, 2026
Ronin Resources reported that its main activity in the March 2026 quarter was advancing exploration at its 100%-owned La Punilla gold-silver project in San Juan, Argentina, supported by geological mapping and rock-chip sampling over multiple alter...
Ronin Resources Details Half-Year Report and Corporate Structure
Mar 11, 2026
Ronin Resources Ltd has released its half-year financial report for the period ended 31 December 2025, providing shareholders with an update on the company’s performance and governance. The announcement confirms its current board composition...
Ronin flags porphyry-scale potential at La Punilla after new Cu-Au anomalies
Feb 27, 2026
Ronin Resources has reported new exploration results from ongoing fieldwork at its 100%-owned La Punilla copper-gold project in San Juan, Argentina, where geologists are following up satellite-derived colour anomalies. Recent mapping and sampling ...
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.