Regis Resources Limited (RRL) AI Stock Analysis

• Market Cap: AU$7.39B
• Dividend Yield: 0.65%
• Average Volume (3M): 3.09M
• Price to Earnings (P/E): 14.6
• Beta (1Y): 1.00
• Revenue Growth: 30.46%
• EPS Growth: N/A
• Country: AU
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Gold
• EPS (TTM): 0.43
• Shares Outstanding: 757,252,200
• 10 Day Avg. Volume: 3,089,863
• 30 Day Avg. Volume: 3,089,907
• PEG Ratio: -0.06
• Price to Book (P/B): 2.05
• Price to Sales (P/S): 2.01
• P/FCF Ratio: 6.09
• 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: AU$8.85
• Price Target Upside: -9.29% Downside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 9
• EPS Forecast (FY): 1.01
• Revenue Forecast (FY): AU$2.39B

• Rating: 79 Outperform
• Price Target: AU$11.00 ▲(12.70% Upside)
• Action: Reiterated Date: 02/27/26
• Date: Action: Reiterated 02/27/26

The score is driven primarily by strong financial recovery (improved margins, positive profitability, strong cash conversion) and a low-leverage balance sheet. Guidance and call commentary reinforce operational strength and a debt-free position, but higher FY’26 cost guidance and project legal uncertainty are meaningful risks. Technically the uptrend is clear, though overbought signals temper the near-term outlook; valuation is supportive with a moderate P/E and modest yield.

Positive Factors

Low leverage / strong liquidity

A very low debt-to-equity ratio and AUD 517m of cash/bullion after a large debt repayment materially strengthen financial resilience. This durable balance sheet gives Regis optionality to fund exploration, development or weather price cyclicality without relying on external financing.

Robust cash generation

Consistent free cash flow growth and high operating-cash-to-income conversion indicate durable cash generation from core operations. That cash supports capital allocation for exploration, sustaining capital, and corporate flexibility, reducing reliance on market financing over the medium term.

Operational execution & margin recovery

Hitting production targets while delivering low AISC and materially improved gross/net margins demonstrates sustainable operational strength. Reliable ounce delivery and cost control underpin long-term free cash generation and provide a platform for organic growth through exploration and acquisitions.

Negative Factors

Higher FY'26 cost guidance

An upward shift in expected AISC narrows per-ounce margins and reduces cash flow sensitivity to gold prices. Sustained higher unit costs compress reinvestment potential and increase the gold price needed to sustain current free cash flow levels, making returns more vulnerable to cost volatility.

Inflationary cost pressure

Ongoing 4–5% cost inflation across operations is a structural headwind that increases AISC and operating expense baselines. Persistent inflation can erode margin gains from productivity, forcing higher prices or further efficiency programmes to protect long-term cash generation.

McPhillamys project legal uncertainty

Legal challenges at McPhillamys introduce execution and development risk for a potential growth project. Delays or adverse outcomes can constrain reserve replacement and future production growth, raising strategic uncertainty and potentially deferring capital deployment plans.

Regis Resources Limited Business Overview & Revenue Model

Company Description

Regis Resources Limited, together with its subsidiaries, engages in the exploration, evaluation, and development of gold projects in Australia. It owns 100% interests in the Duketon gold project located in the North Eastern Goldfields of Western Australia; and the McPhillamys gold project situated in the Central Western region of New South Wales, as well as holds 30% interest in Tropicana Gold Project. Regis Resources Limited was incorporated in 1986 and is based in Subiaco, Australia.

How the Company Makes Money

Regis Resources generates revenue primarily through the mining and sale of gold. The company's revenue model is based on extracting gold ore from its mining operations, processing it to produce gold bullion, and selling this bullion on the global market. Key revenue streams include the sale of gold, which is influenced by fluctuations in gold prices, and the associated by-products from mining operations. Additionally, Regis may engage in strategic partnerships or joint ventures to expand its operational capabilities and access new markets, which can enhance its earnings potential. Factors such as operational efficiency, cost management, and successful exploration results also significantly contribute to the company's financial performance.

Regis Resources Limited Financial Statement Overview

Summary

Financials show a strong recovery and stability: profitability turned positive with net margin at 15.44% (from negative in 2024), gross margin rose to 49.92%, and revenue grew 10.56%. Balance sheet strength is notable with very low debt-to-equity (0.07) and improved ROE (15.76%). Cash generation is solid, supported by free cash flow growth (14.10%) and strong operating cash flow vs. net income (3.11).

Income Statement

Regis Resources Limited has shown a strong recovery in its income statement metrics. The gross profit margin improved significantly to 49.92% in 2025 from 34.76% in 2024, indicating better cost management or higher pricing power. The net profit margin also turned positive to 15.44% in 2025 from a negative margin in 2024, showcasing a return to profitability. Revenue growth rate of 10.56% in 2025 reflects a healthy expansion. However, the EBIT margin of 23.59% and EBITDA margin of 47.61% suggest strong operational efficiency, though they were negative in 2024, indicating past volatility.

Balance Sheet

The balance sheet of Regis Resources Limited is robust with a low debt-to-equity ratio of 0.07 in 2025, significantly reduced from 0.27 in 2024, indicating strong financial stability and low leverage. The return on equity improved to 15.76% in 2025 from a negative return in 2024, reflecting effective use of equity to generate profits. The equity ratio remains strong, suggesting a solid financial foundation.

Cash Flow

The cash flow statement shows a positive trajectory with a free cash flow growth rate of 14.10% in 2025, indicating improved cash generation capabilities. The operating cash flow to net income ratio of 3.11 in 2025 suggests strong cash flow relative to net income, highlighting efficient cash management. The free cash flow to net income ratio of 0.66 indicates a good conversion of profits into cash.

Breakdown	TTM	Jun 2025	Jun 2024	Jun 2023	Jun 2022	Jun 2021
Income Statement
Total Revenue	1.96B	1.65B	1.26B	1.13B	1.02B	818.84M
Gross Profit	720.40M	822.32M	438.98M	413.76M	50.13M	307.19M
EBITDA	1.03B	784.40M	120.84M	369.77M	116.13M	286.79M
Net Income	488.66M	254.36M	-186.02M	-24.33M	13.78M	146.20M
Balance Sheet
Total Assets	2.70B	2.28B	2.13B	2.47B	2.43B	2.36B
Cash, Cash Equivalents and Short-Term Investments	869.01M	505.49M	277.94M	205.18M	207.54M	242.81M
Total Debt	201.44M	119.16M	366.43M	383.55M	350.73M	353.67M
Total Liabilities	799.88M	661.86M	773.98M	934.18M	854.87M	770.88M
Stockholders Equity	1.90B	1.61B	1.36B	1.54B	1.58B	1.58B
Cash Flow
Free Cash Flow	786.96M	544.78M	200.75M	19.37M	25.07M	72.56M
Operating Cash Flow	1.11B	820.69M	474.57M	454.94M	346.99M	276.29M
Investing Cash Flow	-397.86M	-274.14M	-273.74M	-411.85M	-321.92M	-1.09B
Financing Cash Flow	-359.84M	-319.00M	-127.79M	-45.56M	-60.34M	862.60M

Regis Resources Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 9.76
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:RRL, the sentiment is Positive. The current price of 9.76 is above the 20-day moving average (MA) of 8.63, above the 50-day MA of 8.13, and above the 200-day MA of 6.10, indicating a bullish trend. The MACD of 0.42 indicates Negative momentum. The RSI at 67.31 is Neutral, neither overbought nor oversold. The STOCH value of 80.92 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:RRL.

Regis Resources Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
RRL	79 Outperform	AU$7.39B	14.62	16.68%	0.65%	30.46%	―
RMS	75 Outperform	AU$9.22B	17.89	28.58%	1.92%	36.34%	110.55%
WAF	73 Outperform	AU$4.15B	12.51	26.84%	―	23.87%	92.57%
EMR	69 Neutral	AU$4.68B	46.25	14.25%	―	17.59%	0.98%
CMM	69 Neutral	AU$7.09B	28.45	27.56%	―	43.49%	60.31%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%

Regis Resources Limited Corporate Events

Regis Resources Issues Over 1.3 Million Unquoted Performance Rights

Regis Resources Limited has notified the market of the issue of 1,347,519 unquoted performance rights under its employee incentive scheme. The new securities, which will not be quoted on the ASX, were issued on 27 February 2026, indicating the company’s ongoing use of equity-based remuneration to align staff incentives with shareholder interests and long-term performance.

The issuance of these performance rights increases the pool of unquoted equity tied to employee performance, potentially impacting future dilution for existing shareholders if the rights vest and convert to ordinary shares. This move underscores the company’s focus on retaining and motivating key personnel in a competitive mining sector, while signalling continued emphasis on long-term value creation.

The most recent analyst rating on (AU:RRL) stock is a Buy with a A$10.00 price target. To see the full list of analyst forecasts on Regis Resources Limited stock, see the AU:RRL Stock Forecast page.

Regis boosts Tropicana underground reserves, extending mine life

Regis Resources has reported continued growth in Ore Reserves and Mineral Resources at the Tropicana gold mine, extending mine life and reinforcing the project’s status as a world-class asset. As at 31 December 2025, the Tropicana JV (100%) holds 5.4 million ounces of Mineral Resources and 1.9 million ounces of Ore Reserves, with Regis’ 30% share equating to 1.6 million ounces of resources and 0.6 million ounces of reserves.

The most notable strength is underground performance, where reserve growth has consistently exceeded depletion since 2018, adding around 500,000 ounces net and reaching 0.9 million ounces of underground reserves. Ongoing drilling across Boston Shaker, Havana and Tropicana has both upgraded resource confidence and identified new underground mineralisation, supporting a strong pipeline of growth opportunities and underlining Tropicana’s capacity to sustain robust cash flow well into the next decade.

The most recent analyst rating on (AU:RRL) stock is a Buy with a A$9.50 price target. To see the full list of analyst forecasts on Regis Resources Limited stock, see the AU:RRL Stock Forecast page.

Regis Resources Reaffirms Resource Base and Risk Warnings in Conference Presentation

Regis Resources has released a conference presentation that provides an overview of its operations and project portfolio, while emphasising that the information relies on assumptions and interpretations that have not been independently verified. The company reiterates that its mineral resources, ore reserves and production targets are based on previously released ASX statements, which remain current and materially unchanged, and warns that its reserve and resource classifications follow Australian standards that differ from U.S. reporting rules.

The release underscores that forward-looking information is subject to numerous risks typical of the gold sector, including commodity price volatility, regulatory changes, operational challenges and environmental conditions, and that past performance should not be taken as a guide to future results. Regis also highlights legal and jurisdictional constraints on distribution of the presentation, reinforcing that investors should seek independent advice and not rely on the document as a guarantee of returns, capital repayment or specific tax outcomes.

The most recent analyst rating on (AU:RRL) stock is a Buy with a A$9.13 price target. To see the full list of analyst forecasts on Regis Resources Limited stock, see the AU:RRL Stock Forecast page.

Regis Resources Sets Date for Half-Year Results and Investor Call

Regis Resources Limited has announced that its financial results for the half year ended 31 December 2025 will be released to the ASX before market open on 19 February 2026. The company will hold an investor update conference call and webcast at 11am AEDT the same day for institutional investors and analysts, underscoring its efforts to maintain active engagement with the market and provide transparency around its operational and financial performance.

The most recent analyst rating on (AU:RRL) stock is a Buy with a A$9.00 price target. To see the full list of analyst forecasts on Regis Resources Limited stock, see the AU:RRL Stock Forecast page.

Regis Resources Posts Record Cash, Extends Duketon Life as Growth Pipeline Builds

Regis Resources reported a strong December quarter, with consistent operational performance at its Duketon and Tropicana assets delivering gold production of 96.6koz at an all-in sustaining cost of A$2,839/oz and record cash and bullion of A$930 million. High realised gold prices and robust output underpinned quarterly gold sales of 99.5koz for revenue of A$641 million and operating cash flow of A$419 million, allowing the company to pay a fully franked dividend of 5 cents per share, materially strengthen its balance sheet and signal a more formal capital management framework to come. Growth momentum was reinforced by the development of 251koz of ore reserves at the Buckingham–Wellington open pit, extending Duketon North production through to the end of FY31, alongside ongoing drilling at key underground and open-pit targets and continued technical work and legal processes at the McPhillamys project, all against a backdrop of strong safety performance and no material environmental incidents.

The most recent analyst rating on (AU:RRL) stock is a Buy with a A$9.70 price target. To see the full list of analyst forecasts on Regis Resources Limited stock, see the AU:RRL Stock Forecast page.

Regis Resources Hits Record A$930m Cash and Bullion After Strong Quarter

Regis Resources reported preliminary, unaudited results showing total group gold production of 96,600 ounces for the December 2025 quarter, lifting first-half FY26 output to 186,900 ounces, underpinned by 57,600 ounces from Duketon and 39,000 ounces from Tropicana. The miner also delivered a record quarterly cash and bullion build of A$255 million after paying A$38 million in dividends, taking its cash and bullion balance to an all-time high of A$930 million, signalling strengthened financial capacity and balance sheet resilience ahead of the detailed quarterly results later this month.

The most recent analyst rating on (AU:RRL) stock is a Sell with a A$6.30 price target. To see the full list of analyst forecasts on Regis Resources Limited stock, see the AU:RRL Stock Forecast page.

Regis Resources Unveils Revised Exploration Update Highlighting Growth Potential

Regis Resources has released a revised exploration update highlighting growth potential across key targets at its Duketon and Tropicana sites. The update emphasizes strong drilling results that confirm mineralization continuity and support further exploration, enhancing geological confidence and extending the potential for future mining operations. These developments are expected to bolster the company’s resource base and long-term planning, offering promising opportunities for stakeholders.

The most recent analyst rating on (AU:RRL) stock is a Hold with a A$7.60 price target. To see the full list of analyst forecasts on Regis Resources Limited stock, see the AU:RRL Stock Forecast page.

Regis Resources Unveils Promising Exploration Results at Duketon and Tropicana

Regis Resources has announced promising results from its biannual exploration update, highlighting growth potential at its Duketon and Tropicana sites. The exploration activities have enhanced geological confidence and identified new opportunities for resource expansion, which could positively impact the company’s long-term mine life planning and reserve conversion.

The most recent analyst rating on (AU:RRL) stock is a Hold with a A$7.20 price target. To see the full list of analyst forecasts on Regis Resources Limited stock, see the AU:RRL Stock Forecast page.