Rumble Resources Limited (RTR) AI Stock Analysis

• Market Cap: AU$55.73M
• Dividend Yield: N/A
• Average Volume (3M): 5.59M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.43
• 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: 1,326,938,400
• 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): >-0.01
• Revenue Forecast (FY): AU$42.00M

• Rating: 50 Neutral
• Price Target: AU$0.04 ▲(5.00% Upside)
• Action: Reiterated Date: 02/28/26
• Date: Action: Reiterated 02/28/26

The score is mainly held back by persistent losses and ongoing negative operating/free cash flow, despite a strong low-debt balance sheet. Technicals are moderately supportive with the price above key moving averages, but momentum indicators are mixed, and valuation is constrained by a negative P/E and no dividend data.

Positive Factors

Conservative balance sheet

Very low debt materially reduces refinancing and solvency risk for an exploration company. This durable capital-structure strength gives management flexibility to pace drilling programs, endure commodity cycles, and be a more credible JV/farm‑out partner without immediate refinancing pressure.

Focused base-metals exploration

A clear strategic focus on zinc, lead and associated silver creates repeatable technical workflows and a coherent project portfolio. That specialization supports efficient allocation of exploration resources and makes assets easier to benchmark for farm‑outs or sales, aiding long-term monetisation outcomes.

Improving free cash flow trend

An improving free-cash-flow trajectory, even from negative levels, signals early progress in cost control and program pacing. If sustained, it lowers future funding needs and increases optionality for advancing priority targets or negotiating JV terms without excessive dilution.

Negative Factors

Persistent operating losses

Continued operating losses erode shareholder equity and limit internal funding capacity for exploration. Over months this constrains project advancement, raises the need for external financing, and can reduce attractiveness to partners who prefer assets with clearer near‑term value inflection points.

Ongoing negative cash generation

Persistent negative operating and free cash flow creates reliance on capital markets or JV funding to sustain programs. This structural cash-burn profile increases dilution risk, can delay resource definition cycles, and raises the probability of project slow-downs if funding conditions worsen.

Funding reliant exploration model

A business model dependent on external capital and successful asset transactions leaves execution vulnerable to market appetite and partner interest. Over a multi-month horizon this raises execution risk: projects may be deferred, and shareholders face potential dilution if financing or farm‑out terms deteriorate.

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 does not operate as a conventional product or services business; it is primarily an exploration-stage resources company. As a result, operating revenue from ongoing sales of minerals is generally not available from its core activities unless it has producing assets (specific evidence of production revenue is not available here, so this point is null). Instead, the company’s economic model is typically driven by (i) raising capital to fund exploration and (ii) creating value through exploration success that can be monetized via asset-level transactions. Common monetization pathways for an exploration company like RTR include: (1) Farm-out/joint venture agreements where a partner funds exploration/development expenditure on a project in exchange for an interest in the tenements; proceeds to RTR may be structured as cash payments, staged earn-in commitments, reimbursement of costs, or retained project interests/royalties (specific current partnerships and terms: null). (2) Sale or divestment of exploration projects/tenements after exploration results increase perceived value; proceeds may include upfront cash, deferred milestone payments, and/or equity consideration in the acquiring entity (specific divestments: null). (3) Potential future development into mining operations (if a project is advanced through feasibility, permitted, financed, and built), which would then generate revenue from mineral concentrate or metal sales; however, whether RTR currently generates such production revenue is not confirmed here (production revenue status: null). (4) Other potential inflows can include government exploration incentives or rebates where applicable and interest income on cash holdings, but whether these are material for RTR is not available here (materiality: null). Overall, the company’s ability to ‘make money’ is primarily linked to exploration outcomes (resource discovery, delineation, and study progress) that support either a partner-funded development path or an asset transaction, with funding typically sourced from equity capital markets to sustain exploration programs.

Rumble Resources Limited Financial Statement Overview

Summary

Financials are mixed: the balance sheet is conservatively levered with very low debt (supportive), but the company remains loss-making with negative operating profit and net losses, and cash flow is a key weakness with consistently negative operating and free cash flow (ongoing cash burn).

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	Jun 2025	Jun 2024	Jun 2023	Jun 2022	Jun 2021
Income Statement
Total Revenue	0.00	195.18K	0.00	0.00	0.00	0.00
Gross Profit	274.42K	195.18K	-157.00K	-183.62K	-157.87K	-44.09K
EBITDA	-3.05M	-2.65M	-2.91M	-4.83M	-2.84M	-691.20K
Net Income	-10.47M	-12.06M	-3.75M	-5.01M	-3.00M	-735.28K
Balance Sheet
Total Assets	62.69M	55.08M	59.67M	54.10M	58.07M	56.89M
Cash, Cash Equivalents and Short-Term Investments	5.57M	1.89M	2.31M	4.40M	17.91M	39.86M
Total Debt	238.05K	287.07K	67.03K	101.19K	185.98K	15.72K
Total Liabilities	2.29M	1.52M	2.28M	3.32M	3.56M	1.44M
Stockholders Equity	60.40M	53.56M	57.39M	50.77M	54.51M	55.45M
Cash Flow
Free Cash Flow	-5.61M	-8.35M	-12.10M	-14.54M	-22.23M	-6.96M
Operating Cash Flow	-3.40M	-4.05M	-4.06M	-4.91M	-410.42K	-171.95K
Investing Cash Flow	-5.16M	-4.04M	-7.69M	-9.63M	-21.48M	-6.79M
Financing Cash Flow	8.45M	7.67M	9.89M	811.36K	131.27K	40.43M

Rumble Resources Limited Technical Analysis

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

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:RTR, the sentiment is Negative. 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 0.04, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 45.00 is Neutral, neither overbought nor oversold. The STOCH value of -4.38 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative 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%
SHN	52 Neutral	AU$72.17M	-15.76	-16.95%	―	―	76.36%
RTR	50 Neutral	AU$55.73M	-8.21	-20.91%	―	―	-145.28%
LMG	47 Neutral	AU$56.30M	-5.83	-6.35%	―	―	59.26%
COD	45 Neutral	AU$50.43M	-2.13	-29.24%	―	―	42.65%
GEN	44 Neutral	AU$24.20M	-0.45	-0.06%	―	―	―

Rumble Resources Limited Corporate Events

Rumble Resources Releases Interim Financial Report for Half-Year 2025

Rumble Resources Ltd has released its interim financial report for the half-year ended 31 December 2025, providing shareholders with condensed consolidated statements of profit or loss, financial position, cash flows, and changes in equity. The report includes the directors’ report, auditor’s independence declaration, and an independent auditor’s review, offering stakeholders an overview of the company’s recent financial performance and governance oversight.

The most recent analyst rating on (AU:RTR) stock is a Hold with a A$0.04 price target. To see the full list of analyst forecasts on Rumble Resources Limited stock, see the AU:RTR Stock Forecast page.

Rumble Resources drills high‑grade gold and tungsten at Western Queen

Rumble Resources has reported further high‑grade gold and tungsten intercepts from infill diamond drilling at its Western Queen Central and South deposits in Western Australia. The latest results from the ongoing 17,500‑metre program include standout gold intersections such as 6.9 metres at 24.81 grams per tonne and multiple zones of scheelite mineralisation grading up to 1.95% WO3.

These intercepts are expected to underpin updated gold and tungsten mineral resource estimates in 2026 and support conversion of Inferred resources to Indicated. Management says the results indicate more high‑grade material than previously thought and will feed into a feasibility study aimed at a larger underground mining inventory than outlined in the November 2025 scoping study, potentially enhancing the project’s development prospects.

The most recent analyst rating on (AU:RTR) stock is a Hold with a A$0.04 price target. To see the full list of analyst forecasts on Rumble Resources Limited stock, see the AU:RTR Stock Forecast page.

Rumble Resources Seeks ASX Quotation for 8.8 Million New Shares

Rumble Resources Limited has applied to the ASX for quotation of 8,794,589 new fully paid ordinary shares (code RTR), which were issued on 5 February 2026. The additional securities, arising from a previously announced transaction, will expand the company’s quoted share capital and may influence liquidity and ownership structure once trading commences.

The most recent analyst rating on (AU:RTR) stock is a Hold with a A$0.05 price target. To see the full list of analyst forecasts on Rumble Resources Limited stock, see the AU:RTR Stock Forecast page.

Rumble Resources Takes Full Control of High-Grade Thunderstorm Gold Project

Rumble Resources has secured full ownership of the Thunderstorm Gold Project in Western Australia’s Fraser Range Province by acquiring the remaining 70% interest in three key exploration licences from former joint venture partner IGO Limited, in exchange for $300,000 worth of Rumble shares and granting IGO a 1.05% net smelter return royalty. The now wholly owned 601km² project, which hosts the Gazelle and Pion gold prospects, has already delivered high-grade palaeochannel and potential basement gold intercepts from wide-spaced aircore drilling, and Rumble plans a heritage survey followed by a 5,000m aircore/slimline RC drilling campaign in 2026 to define and extend mineralisation, underscoring its strategy to build a significant gold portfolio in the region.

The most recent analyst rating on (AU:RTR) stock is a Hold with a A$0.05 price target. To see the full list of analyst forecasts on Rumble Resources Limited stock, see the AU:RTR Stock Forecast page.

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.