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Rumble Resources Limited (AU:RTR)
ASX:RTR
Australian Market

Rumble Resources Limited (RTR) AI Stock Analysis

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AU:RTR

Rumble Resources Limited

(Sydney:RTR)

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Neutral 58 (OpenAI - 5.2)
Rating:58Neutral
Price Target:
AU$0.05
▲(35.00% Upside)
The score is held back primarily by persistent losses and ongoing cash burn despite a low-debt balance sheet. Offsetting this, the stock shows constructive technical strength (trading above major moving averages with positive momentum), while valuation is constrained by a loss-making profile and no dividend support.
Positive Factors
Conservative balance sheet (low debt)
A very low debt load reduces refinancing and solvency risk for an exploration company that regularly needs capital. Over months this provides resilience to market stress, preserves strategic optionality to pursue drilling or farm-outs, and lowers fixed financial obligations.
Clear commodity focus (base metals)
Concentrating on zinc, lead and associated silver aligns RTR with established industrial commodity markets and conventional downstream uses. This focused mandate increases the likelihood of partner interest, relevant technical expertise, and clearer pathways to JV or asset sales if exploration is successful.
Defined monetization pathways
Having explicit monetization routes (farm-outs, sales, development) is a durable structural advantage for an explorer: it allows value crystallization without sole project financing, enables partner-funded advancement, and sets realistic expectations for how exploration success converts into cash or retained royalties.
Negative Factors
Persistent unprofitable operations
Sustained net losses and negative operating profit erode equity and limit the firm's internal capacity to self-fund exploration. Over a multi-month horizon this weak profitability raises execution risk, pressures management to raise capital, and can impair ability to pursue value-accretive programs.
Consistent negative operating and free cash flow
Repeated negative operating and free cash flow reveal the company cannot self-sustain its exploration cycle. This persistent cash burn drives repeated financing needs, increases dilution risk for shareholders, and constrains the pace at which projects can be advanced or de-risked.
High funding dependence despite low debt
Even with low leverage, chronic losses and negative cash flow create reliance on external capital (equity or partner funding). This structural funding dependence elevates execution and dilution risk over months, and makes project timelines and continuity contingent on successful capital raises or farm-out deals.

Rumble Resources Limited (RTR) vs. iShares MSCI Australia ETF (EWA)

Rumble Resources Limited Business Overview & Revenue Model

Company DescriptionRumble 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 MoneyRumble 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
Rumble Resources Limited faces significant financial challenges, with zero revenue generation and consistent operational losses. The balance sheet shows strong equity and low debt, but negative cash flow metrics indicate ongoing liquidity concerns.
Income Statement
Rumble Resources Limited has reported zero revenue over the years, indicating a lack of sales or operational income generation. Despite this, the company has consistently incurred negative gross profit and net income, reflecting ongoing operational losses. The absence of revenue growth and persistent negative EBIT and EBITDA margins underscore significant financial challenges.
Balance Sheet
The company's balance sheet shows a relatively low level of debt compared to equity, with a debt-to-equity ratio close to zero, indicating minimal leverage risk. However, the company consistently reports negative net income, adversely affecting its return on equity. The equity ratio remains strong, suggesting that the company is primarily financed through equity, which is a positive sign of financial stability.
Cash Flow
Rumble Resources has experienced negative free cash flow growth, with significant capital expenditures outweighing its operating cash flow. The operating cash flow to net income ratio and free cash flow to net income ratio are negative, highlighting ongoing cash flow challenges. Despite this, the company has successfully raised financing, which has helped mitigate cash shortfalls.
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue-2.96K195.18K0.000.000.000.00
Gross Profit-204.72K195.18K-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 Assets63.55M55.08M59.67M54.10M58.07M56.89M
Cash, Cash Equivalents and Short-Term Investments5.68M1.89M2.31M4.40M17.91M39.86M
Total Debt334.02K287.07K67.03K101.19K185.98K15.72K
Total Liabilities1.75M1.52M2.28M3.32M3.56M1.44M
Stockholders Equity61.80M53.56M57.39M50.77M54.51M55.45M
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 Flow9.55M7.67M9.89M811.36K131.27K40.43M

Rumble Resources Limited Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.04
Price Trends
50DMA
0.04
Positive
100DMA
0.04
Positive
200DMA
0.03
Positive
Market Momentum
MACD
<0.01
Negative
RSI
58.75
Neutral
STOCH
42.42
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:RTR, the sentiment is Positive. The current price of 0.04 is below the 20-day moving average (MA) of 0.04, below the 50-day MA of 0.04, and above the 200-day MA of 0.03, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 58.75 is Neutral, neither overbought nor oversold. The STOCH value of 42.42 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:RTR.

Rumble Resources Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
61
Neutral
$10.43B7.12-0.05%2.87%2.86%-36.73%
58
Neutral
AU$59.32M-3.77-21.74%-145.28%
52
Neutral
AU$63.24M-11.25-19.61%42.65%
52
Neutral
AU$64.44M-21.54-15.05%76.36%
49
Neutral
AU$84.45M-24.55-5.89%59.26%
44
Neutral
AU$31.12M-0.41-48.35%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:RTR
Rumble Resources Limited
0.05
0.01
25.64%
AU:COD
Coda Minerals Ltd
0.19
0.10
111.11%
AU:GEN
Genmin Ltd.
0.01
-0.03
-75.00%
AU:LMG
Latrobe Magnesium Limited
0.02
0.01
140.00%
AU:SHN
Sunshine Gold Ltd
0.03
0.02
180.00%

Rumble Resources Limited Corporate Events

Rumble Resources Updates Director Geoff Jones’s Equity Holdings
Dec 29, 2025

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
Dec 23, 2025

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
Dec 23, 2025

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
Dec 23, 2025

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
Dec 21, 2025

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
Dec 16, 2025

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
Dec 16, 2025

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
Dec 5, 2025

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
Nov 28, 2025

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
Nov 28, 2025

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
Nov 27, 2025

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
Nov 7, 2025

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
Oct 31, 2025

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.

Rumble Resources Director Increases Stake Through Share Acquisition
Oct 29, 2025

Rumble Resources Limited announced a change in the director’s interest, with Mr. Peter Venn acquiring 1,800,000 ordinary shares through participation in the Tranche 2 Placement. This change reflects the director’s increased stake in the company, potentially signaling confidence in Rumble Resources’ strategic direction and future prospects.

Rumble Resources Completes Capital Raising with Share Issuance
Oct 29, 2025

Rumble Resources Limited has successfully completed a capital raising initiative by issuing 80 million fully paid ordinary shares at $0.025 each to professional and sophisticated investors. This move is part of a broader strategy to strengthen its financial position, as previously announced, and signifies the company’s compliance with relevant corporate regulations, ensuring transparency and adherence to legal standards.

Rumble Resources Limited Issues 80 Million New Securities
Oct 29, 2025

Rumble Resources Limited has announced the issuance of 80 million fully paid ordinary securities, which are set to be quoted on the Australian Securities Exchange (ASX) under the code RTR. This move is part of a previously announced transaction and is expected to enhance the company’s capital structure, potentially impacting its market positioning and stakeholder interests.

Rumble Resources Schedules 2025 Annual General Meeting
Oct 28, 2025

Rumble Resources Limited has announced that its 2025 Annual General Meeting will be held in person on November 28, 2025, in West Perth, Western Australia. Shareholders are encouraged to participate in the meeting and exercise their voting rights, with proxy forms available for those unable to attend. The company has made meeting materials accessible online and will provide updates through its website and ASX announcements if any changes to the meeting arrangements are necessary.

Rumble Resources Limited Announces Key Resolutions for Upcoming AGM
Oct 28, 2025

Rumble Resources Limited has announced its upcoming Annual General Meeting scheduled for November 28, 2025, in West Perth, WA. The meeting will address several key resolutions including the adoption of the Remuneration Report, the re-election of directors Geoff Jones and Michael Smith, approval of a mandate to issue up to 10% of the company’s equity securities, and the re-approval of the Employee Securities Incentive Plan. These resolutions are crucial for the company’s governance and strategic planning, potentially impacting shareholder value and company operations.

Rumble Resources Successfully Passes All AGM Resolutions
Oct 24, 2025

Rumble Resources Limited announced the results of its Annual General Meeting held on 24 October 2025, where all proposed resolutions were successfully carried via a poll. These resolutions included the ratification of prior issues of placement shares and approvals for issuing new placement shares to directors and related parties, indicating strong shareholder support for the company’s strategic initiatives.

Rumble Resources Advances Western Queen Gold Project with Strategic Developments
Oct 21, 2025

Rumble Resources Limited has announced progress in its Western Queen Gold Project, with diamond drilling well underway and 929 meters completed. The company has identified superior economics in an underground mining project over an open pit option and is advancing this as the preferred scenario. Additionally, a non-binding MoU has been signed with Gylden Resources for potential ore processing, indicating strategic partnerships to enhance project feasibility. The drill program aims to expand gold and tungsten resources, with a focus on high-grade extensions and resource upgrades, which could significantly impact the company’s resource base and future operations.

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.Date of analysis: Jan 06, 2026