Ronin Resources Ltd (AU:RON)
ASX:RON
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Ronin Resources Ltd
(Sydney:RON)
Select Model
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Rating:44Neutral
Price Target:
AU$0.15
▲(4.29% Upside)
Action:ReiteratedDate: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 zero-debt capital structure materially reduces fixed obligations and insolvency risk. For an early-stage, pre-revenue miner this preserves flexibility to fund exploration or partnerships without interest expense, lengthening runway and improving strategic optionality.
Negative Factors
Pre-revenue operations
Zero revenue leaves the company dependent on capital markets or partners to fund ongoing activity and precludes operating cash generation. Without scalable revenue, margins and profitability are undefined, making long-term self-sustainability contingent on successful exploration or commercialisation.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-free balance sheet
A zero-debt capital structure materially reduces fixed obligations and insolvency risk. For an early-stage, pre-revenue miner this preserves flexibility to fund exploration or partnerships without interest expense, lengthening runway and improving strategic optionality.
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)0.60
Revenue GrowthN/A
EPS Growth71.92%
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
Negative
0.14
Price Trends
0.19
Negative
0.18
Negative
0.17
Negative
Market Momentum
-0.01
Negative
40.18
Neutral
22.22
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 0.16, below the 50-day MA of 0.19, and below the 200-day MA of 0.17, indicating a bearish trend. The MACD of -0.01 indicates Negative momentum. The RSI at 40.18 is Neutral, neither overbought nor oversold. The STOCH value of 22.22 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
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$9.19M | -0.43 | -104.33% | ― | -100.00% | 80.33% | |
46 Neutral | AU$7.70M | -0.57 | -72.25% | ― | ― | 27.01% | |
44 Neutral | ― | -7.70 | -11.80% | ― | ― | 71.92% | |
44 Neutral | AU$4.59M | -0.72 | -171.67% | ― | ― | 30.99% | |
43 Neutral | AU$7.42M | -0.67 | -16.54% | ― | ― | 54.74% | |
43 Neutral | AU$4.42M | -3.17 | -18.79% | ― | ― | -164.12% |
* Basic Materials Sector Average
AU:RON
Ronin Resources Ltd
0.16
-0.01
-5.88%
AU:AS2
Askari Metals Limited
0.01
0.00
0.00%
AU:RCR
Rincon Resources Ltd.
0.02
<0.01
46.15%
AU:DUN
Dundas Minerals Limited
0.05
0.03
123.81%
AU:M3M
M3 Mining Ltd.
0.02
>-0.01
-26.67%
AU:OCT
Octava Minerals Ltd.
0.04
<0.01
12.12%
Ronin Resources Ltd Corporate Events
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 ...
Ronin Resources Ramps Up Porphyry-Style Cu-Au Exploration at La Punilla in Argentina
Jan 27, 2026
Ronin Resources has commenced a follow-up copper-gold exploration program at its 100%-owned La Punilla Project in San Juan, Argentina, deploying a team of five geologists and field assistants to conduct rock-chip sampling, extensive geological map...
Ronin Resources Avoids ASX Suspension as La Punilla Exploration Ramps Up
Dec 29, 2025
Ronin Resources has received confirmation from the ASX that it no longer intends to suspend trading in the company’s securities under Listing Rule 12.1, after earlier concerns that Ronin’s level of operations might not justify continue...
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.