Rumble Resources Limited (RTR) AI Stock Analysis

• Market Cap: AU$65.91M
• Dividend Yield: N/A
• Average Volume (3M): 5.59M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.04
• Revenue Growth: N/A
• EPS Growth: -145.28%
• Country: AU
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): >-0.01
• Shares Outstanding: 1,318,143,800
• 10 Day Avg. Volume: 5,189,243
• 30 Day Avg. Volume: 5,586,364
• PEG Ratio: -0.01
• Price to Book (P/B): 0.38
• Price to Sales (P/S): 102.98
• P/FCF Ratio: -2.41
• 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: 54 Neutral
• Price Target: AU$0.05 ▲(27.50% Upside)

The score is held back primarily by weak financial performance—ongoing losses and consistent cash burn—despite a relatively strong, low-debt balance sheet. Technicals provide moderate support with price above longer-term moving averages and a positive MACD, while valuation is constrained by a negative P/E and no dividend yield.

Positive Factors

Strong balance sheet (low debt)

Very low debt reduces refinancing and solvency risk for an exploration company that depends on periodic capital raises. A conservative capital structure preserves optionality, makes JV/farm-out partnerships easier, and extends operational runway during multi-year drill programs.

Focused commodity exposure

Concentrating on zinc, lead and associated silver aligns RTR with durable industrial metal demand drivers. A clear commodity focus supports technical specialization, improves comparability for potential partners or acquirers, and can enhance the chance of farm-out or asset-sale interest.

Clear monetization pathways

RTR's business model—creating value through discovery and monetising via JV/farm-outs or asset sales—is structurally durable for explorers. Successful results can be turned into partner-funded development or transactions, limiting the need to become a capital‑intensive producer itself.

Negative Factors

Persistent net losses

Ongoing net losses erode shareholder equity and heighten reliance on external funding. Continued unprofitability reduces negotiating leverage with partners, increases dilution risk from recurrent capital raises, and constrains the company's ability to self-fund exploration and advancement of projects.

Consistent negative cash flow

Repeated negative operating and free cash flow show the business cannot self-fund its exploration program, making the company dependent on capital markets. This funding dependence can delay programs, force staged exploration, and raise execution risk if market access tightens.

Minimal revenue relative to costs

Very small revenue versus a high cost base indicates no near-term path to meaningful operating profitability. Without scalable revenue streams, valuation and partner leverage rest solely on uncertain exploration outcomes, increasing project risk if results fail to progress.

Rumble Resources Limited Business Overview & Revenue Model

Company Description

Rumble Resources Limited engages in the acquisition, exploration, and evaluation of base and precious metal projects in Australia. The company explores for zinc, lead, copper, silver, nickel, cobalt, lithium, tantalum, niobium, tin, and gold deposits. The company's flagship project is the Earaheedy project located in Western Australia. Rumble Resources Limited was incorporated in 2011 and is based in West Perth, Australia.

How the Company Makes Money

Rumble Resources Limited generates revenue through the exploration and development of mineral resources. The company's primary revenue streams are derived from the discovery and subsequent sale or joint venture of its mineral projects to larger mining entities. Rumble Resources may also earn income through equity stakes, royalties, or other financial arrangements with partners who invest in or operate the developed mining projects. The company's ability to make money is significantly influenced by its exploration success, commodity prices, and strategic partnerships with other mining companies or investors.

Rumble Resources Limited Financial Statement Overview

Summary

Mixed financial profile: a strong, low-debt balance sheet lowers solvency risk (Balance Sheet Score 74), but the company remains loss-making with very weak profitability (Income Statement Score 18) and persistent negative operating/free cash flow indicating ongoing cash burn and funding dependence (Cash Flow Score 28).

Income Statement

The company remains in a loss-making phase, with negative operating profit and net losses across the full annual history provided. In the latest annual period (2025-06-30), revenue appears but is extremely small relative to the cost base, resulting in very weak profitability (net loss far exceeding revenue) and a sharp decline in revenue versus the prior year. Overall, the trajectory shows persistent operating losses with no clear evidence (in the provided figures) of a sustained move toward profitability.

Balance Sheet

The balance sheet is conservatively levered, with very low debt relative to equity across periods (debt-to-equity consistently near zero), which reduces refinancing and solvency risk. However, shareholder returns are negative (negative return on equity), reflecting ongoing losses and value erosion despite a sizable equity base. In short: strong capital structure, but weakened by continued unprofitable operations.

Cash Flow

Cash generation is a key weakness: operating cash flow and free cash flow are negative in each year shown, indicating ongoing cash burn to fund operations and investment. While free cash flow improved versus the prior year in the latest period, it remains meaningfully negative, and cash flow does not yet demonstrate self-funding capability. This keeps funding dependence elevated despite the low debt load.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	-2.96K	195.18K	0.00	0.00	0.00	0.00
Gross Profit	-204.72K	195.18K	-157.00K	-183.62K	-157.87K	-44.09K
EBITDA	-2.56M	-2.65M	-2.91M	-4.83M	-2.84M	-691.20K
Net Income	-5.01M	-12.06M	-3.75M	-5.01M	-3.00M	-735.28K
Balance Sheet
Total Assets	63.55M	55.08M	59.67M	54.10M	58.07M	56.89M
Cash, Cash Equivalents and Short-Term Investments	5.68M	1.89M	2.31M	4.40M	17.91M	39.86M
Total Debt	334.02K	287.07K	67.03K	101.19K	185.98K	15.72K
Total Liabilities	1.75M	1.52M	2.28M	3.32M	3.56M	1.44M
Stockholders Equity	61.80M	53.56M	57.39M	50.77M	54.51M	55.45M
Cash Flow
Free Cash Flow	-7.81M	-8.35M	-12.10M	-14.54M	-22.23M	-6.96M
Operating Cash Flow	-3.54M	-4.05M	-4.06M	-4.91M	-410.42K	-171.95K
Investing Cash Flow	-3.66M	-4.04M	-7.69M	-9.63M	-21.48M	-6.79M
Financing Cash Flow	9.55M	7.67M	9.89M	811.36K	131.27K	40.43M

Rumble Resources Limited Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.04
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:RTR, the sentiment is Neutral. The current price of 0.04 is below the 20-day moving average (MA) of 0.05, below the 50-day MA of 0.05, and above the 200-day MA of 0.03, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 48.73 is Neutral, neither overbought nor oversold. The STOCH value of 22.08 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for AU:RTR.

Rumble Resources 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%
RTR	54 Neutral	AU$65.91M	-3.62	-21.74%	―	―	-145.28%
COD	54 Neutral	AU$65.10M	-10.00	-19.61%	―	―	42.65%
LMG	49 Neutral	AU$62.56M	-18.18	-5.89%	―	―	59.26%
SHN	46 Neutral	AU$92.79M	-26.15	-15.05%	―	―	76.36%
GEN	44 Neutral	AU$24.20M	-0.41	-48.35%	―	―	―

Rumble Resources Limited Corporate Events

Rumble Resources Advances High-Grade Western Queen Project with Strong Drilling and Robust Scoping Study

Rumble Resources has reported a strong December 2025 quarter, highlighted by significant progress at its Western Queen gold-tungsten project, where a 20,000m diamond drilling campaign is targeting high-grade down-plunge extensions at the Western Queen South and Central deposits. The program has already delivered multiple high-grade gold intercepts, including an exceptional 5.8m at 30.72g/t gold beneath historical underground stopes, underpinning efforts to grow and upgrade the existing gold Mineral Resource and convert a larger portion of Inferred resources to the Indicated category. The company also advanced its recently announced maiden tungsten Mineral Resource at Western Queen, where mineralisation remains open along strike and at depth, and commenced detailed metallurgical testwork and reconnaissance to refine processing options and identify further tungsten targets. Complementing the exploration success, an underground mining scoping study for Western Queen South outlined attractive economics, including low predevelopment capital, robust projected cash flows and returns, and the potential to extend mine life, reinforcing the project’s role as a near-term production and cash-flow opportunity for the company.

The most recent analyst rating on (AU:RTR) stock is a Hold with a A$0.06 price target. To see the full list of analyst forecasts on Rumble Resources Limited stock, see the AU:RTR Stock Forecast page.

Rumble Resources Updates Director Geoff Jones’s Equity Holdings

Rumble Resources Limited has disclosed a change in director Geoff Jones’s interests, with the update focused on his holdings in company securities, including unlisted options and ordinary shares. The company issued Jones 1.5 million unlisted options for nil consideration, as previously approved by shareholders at the 2025 annual general meeting, increasing his direct exposure to Rumble’s equity structure and aligning his incentives more closely with shareholder outcomes, though without any immediate cash impact on the company.

Rumble Resources Issues 1.5 Million Unlisted Options to Director Geoff Jones

Rumble Resources Limited has disclosed a change in director Geoff Jones’s interests in the company’s securities, following shareholder approval at the 28 November 2025 Annual General Meeting. Jones has been issued 1.5 million unlisted options at no cash consideration, split into two tranches of 750,000 options each with exercise prices of $0.058 and $0.077 and expiring on 21 December 2028, while his indirect holding through the Lee-Jones Superannuation Fund remains at 441,358 ordinary shares. The transaction, which occurred outside a closed trading period and required no change to existing contracts, reflects the use of equity-based incentives to align the director’s interests with shareholders and may modestly increase potential future share dilution if the options are exercised.

Rumble Resources Seeks ASX Quotation for 8 Million New Shares

Rumble Resources Limited has applied to the ASX for quotation of 8 million new fully paid ordinary shares under its ticker RTR, following approvals referenced in its October 28, 2025 AGM notice. The additional securities, issued on 22 December 2025, will expand the company’s quoted share base, potentially affecting liquidity and ownership structure for existing and prospective investors.

Rumble Resources Grants 10 Million Unlisted Options Under Employee Incentive Scheme

Rumble Resources Limited has issued 10 million unlisted options under an employee incentive scheme, split evenly between options exercisable at $0.058 and $0.077, each with a three-year expiry from the date of issue on 22 December 2025. The move, which involves unquoted securities that will not be listed on the ASX, is designed to align staff and key contributors with shareholder interests and support the company’s ability to attract and retain talent as it advances its resource exploration activities.

Rumble Resources Advances Drilling and Development at Western Queen Gold-Tungsten Project

Rumble Resources has advanced a diamond drilling campaign of up to 20,000 metres at its Western Queen Gold Project, with 25 holes completed so far and early results confirming intersections of the predicted sheared silica-sulphide zones that host gold and tungsten. While assays are still pending, the company has released a scoping study for an underground operation at Western Queen South that indicates a robust, potentially highly profitable mine, is negotiating a toll milling agreement with the nearby Kirkalocka processing plant, and is conducting tungsten metallurgical testwork to optimise recoveries and support a future co-product revenue stream, underscoring its drive to expand resources and fast-track the project toward production.

Rumble Resources Announces Director’s Change in Securities Holdings

Rumble Resources Limited announced a change in the director’s interest, specifically involving Mr. Geoff Jones. The change pertains to the expiration of 750,000 unlisted options at an exercise price of $0.58, resulting in Mr. Jones holding 441,358 ordinary shares indirectly through the Lee-Jones Superannuation Fund. This update reflects a routine adjustment in the director’s securities holdings and is unlikely to have a significant impact on the company’s operations or market positioning.

Rumble Resources Announces Cessation of Securities

Rumble Resources Limited announced the cessation of certain securities, specifically options that expired without exercise or conversion on December 13, 2025. This development may impact the company’s capital structure and could have implications for its financial strategy and stakeholder interests.

Rumble Resources Enhances Investor Engagement with New Interactive Hub

Rumble Resources Limited has partnered with InvestorHub to launch an interactive investor hub, aiming to improve communication and transparency with shareholders. This platform will provide stakeholders with access to ASX announcements, operational updates, and project insights as the company progresses its exploration and development activities, including a significant drilling program to expand gold and tungsten resources.

Rumble Resources Successfully Passes All AGM Resolutions

Rumble Resources Limited announced that all resolutions proposed at its Annual General Meeting held on November 28, 2025, were successfully passed via a poll. This outcome reflects strong shareholder support and may positively impact the company’s governance and strategic initiatives, reinforcing its position in the mining sector.

Rumble Resources Advances Western Queen Project with Gold and Tungsten Discoveries

Rumble Resources Limited has announced significant advancements in its Western Queen gold project, including a substantial increase in gold resource estimates and the discovery of a maiden high-grade tungsten resource. The company is actively pursuing strategies to commence gold production and explore the potential for a tungsten revenue stream, with the aim of becoming a self-funded gold producer. Additionally, Rumble Resources is optimizing its Earaheedy zinc, lead, and silver project, anticipating future market demand for base metals.

Rumble Resources Unveils Promising Western Queen South Mining Project

Rumble Resources Limited has announced a promising scoping study for its Western Queen South underground mining project, highlighting its potential for strong cash flow with low capital and operating costs. The project, which aims to start ore production within six months, could significantly enhance Rumble’s production profile and mine life, especially with ongoing drilling efforts to expand mineral resources. The company is also exploring the potential of tungsten as a valuable co-product, which could further boost revenue streams.

Rumble Resources Announces Director’s Shareholding Adjustment

Rumble Resources Limited has announced a change in the director’s interest notice, specifically involving Mr. Michael Smith. The notice details an off-market transfer of 5,900,000 ordinary shares, resulting in Mr. Smith holding 25,000,000 shares indirectly through Emmess Pty Ltd. This change reflects internal adjustments in shareholding structures, potentially impacting the company’s governance and shareholder dynamics.

Rumble Resources Advances Key Projects and Secures Funding

Rumble Resources Limited has announced significant progress in its September 2025 quarterly report, highlighting advancements in its Western Queen Gold-Tungsten Project and the Earaheedy Zinc-Lead-Silver Project. The company has commenced a major diamond drilling campaign at the Western Queen Project, aiming to expand and upgrade its gold and tungsten mineral resource estimates. Additionally, Rumble is advancing mine development plans and exploring third-party ore processing agreements. Meanwhile, the Earaheedy Project is nearing the completion of an internal scoping study to assess potential project economics, with results expected in the fourth quarter of 2025. The company has also successfully raised approximately $9 million to support its ongoing exploration and development activities.