tiprankstipranks
Trending News
More News >
Reward Minerals Limited (AU:RWD)
ASX:RWD
Australian Market
Advertisement

Reward Minerals Limited (RWD) AI Stock Analysis

Compare
3 Followers

Top Page

AU:RWD

Reward Minerals Limited

(Sydney:RWD)

Select Model
Select Model
Select Model
Neutral 45 (OpenAI - 4o)
Rating:45Neutral
Price Target:
AU$0.04
▼(-2.50% Downside)
Reward Minerals Limited faces significant financial challenges, with declining revenues and negative margins. The technical analysis suggests a bearish trend, and the valuation is unattractive due to a negative P/E ratio and no dividend yield. These factors contribute to a low overall stock score.
Positive Factors
Cash Flow Growth
Positive free cash flow growth indicates potential for reinvestment and financial flexibility, supporting long-term operational sustainability.
Resource Potential
Strategic focus on essential minerals like potassium and lithium positions the company to benefit from growing demand in agriculture and industry.
Return on Equity
A positive return on equity, despite negative equity, suggests potential for profitability if financial structure improves.
Negative Factors
Revenue Decline
Severe revenue decline indicates challenges in market penetration and sales, affecting long-term growth prospects.
High Leverage
High leverage and negative equity can limit financial flexibility and increase risk, impacting long-term stability.
Operating Inefficiencies
Operational inefficiencies, as shown by negative cash flow coverage, can hinder profitability and growth, requiring strategic improvements.

Reward Minerals Limited (RWD) vs. iShares MSCI Australia ETF (EWA)

Reward Minerals Limited Business Overview & Revenue Model

Company DescriptionReward Minerals Ltd engages in the exploration and development of mineral properties in Australia. Its flagship project is its 100% owned Lake Disappointment sulphate of Potash Project that includes approximately 5,000 square kilometers of granted tenements located in the Little Sandy Desert, Western Australia. Reward Minerals Ltd is headquartered in Nedlands, Australia.
How the Company Makes MoneyReward Minerals Limited generates revenue through the exploration and potential development of its mineral projects, particularly through the extraction and sale of potassium and lithium products. The company seeks to monetize its resources by either establishing direct sales agreements with agricultural or industrial clients or through partnerships with larger mining companies that have the capacity to bring the resources to market. The revenue model may also include securing joint ventures or off-take agreements, which can provide upfront funding and shared risk in exchange for guaranteed product supply. Additionally, successful exploration results can enhance the company's valuation and attract investment, further contributing to its earnings potential.

Reward Minerals Limited Financial Statement Overview

Summary
Reward Minerals Limited is facing significant financial challenges. The income statement shows declining revenues and persistent losses, while the balance sheet reflects high leverage and negative equity. Although there is some positive cash flow growth, the underlying operational inefficiencies and financial instability pose substantial risks to the company's financial health.
Income Statement
15
Very Negative
Reward Minerals Limited has experienced significant revenue decline, with a negative revenue growth rate of -69.66% in the latest year. The company is facing severe profitability challenges, as indicated by negative margins across the board, including a net profit margin of 0.0% and an EBIT margin of 0.0%. These figures suggest a struggling income statement with no immediate signs of recovery.
Balance Sheet
20
Very Negative
The balance sheet shows a concerning debt-to-equity ratio of -5.09, indicating high leverage and negative equity. Return on equity is positive at 18.24%, but this is due to negative equity, which is not a sustainable situation. The equity ratio is also negative, reflecting financial instability and potential risks.
Cash Flow
25
Negative
Cash flow analysis reveals a positive free cash flow growth rate of 61.08%, but this is overshadowed by negative operating cash flow and a high free cash flow to net income ratio of 4.55. The company is generating cash flow, but the negative operating cash flow coverage ratio indicates operational inefficiencies.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue28.25K10.66K24.08K5.51K426.003.93K
Gross Profit-2.19K-143.00K-132.00K5.51K426.00-118.68K
EBITDA-1.32M-23.50M-22.41M-3.60M-714.30K-168.00K
Net Income-1.94M-23.68M-22.67M-3.91M-636.00K-240.00K
Balance Sheet
Total Assets4.98M5.73M24.46M44.47M47.52M46.89M
Cash, Cash Equivalents and Short-Term Investments1.74M2.21M1.07M1.70M3.16M4.65M
Total Debt6.95M6.60M3.41M3.28M2.68M1.64M
Total Liabilities7.59M7.03M4.33M4.11M3.48M2.42M
Stockholders Equity-2.61M-1.30M20.13M40.36M44.04M44.47M
Cash Flow
Free Cash Flow-4.91M-4.52M-2.99M-2.08M-2.59M-2.04M
Operating Cash Flow-1.30M-994.17K-1.62M-456.14K-80.58K229.29K
Investing Cash Flow-3.59M-3.30M-1.37M-1.50M-2.51M-2.27M
Financing Cash Flow7.16M5.44M2.35M498.75K1.10M5.05M

Reward Minerals Limited Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.04
Price Trends
50DMA
0.04
Negative
100DMA
0.04
Negative
200DMA
0.05
Negative
Market Momentum
MACD
>-0.01
Positive
RSI
47.45
Neutral
STOCH
23.15
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:RWD, the sentiment is Negative. 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 below the 200-day MA of 0.05, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 47.45 is Neutral, neither overbought nor oversold. The STOCH value of 23.15 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:RWD.

Reward Minerals 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%
45
Neutral
AU$11.43M-6.0093.44%
41
Neutral
AU$42.48M-10.32-5.81%-67.81%-244.10%
39
Underperform
AU$23.32M-31.20%26.67%
35
Underperform
AU$58.38M-13.05-15.50%3.79%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:RWD
Reward Minerals Limited
0.04
-0.03
-42.86%
AU:LML
Lincoln Minerals Limited
0.01
0.00
0.00%
AU:AMU
GTI Resources Ltd
0.16
0.04
33.33%
AU:AKO
Akora Resources Ltd.
0.08
-0.03
-27.27%
AU:VML
Vital Metals Ltd
0.20
0.14
233.33%
AU:AR3
Australian Rare Earths Limited
0.19
0.08
72.73%

Reward Minerals Limited Corporate Events

Reward Minerals Limited Announces Director’s Change in Securities Interest
Dec 2, 2025

Reward Minerals Limited announced a change in the director’s interest in securities, specifically involving Michael Ruane. The changes include the acquisition of 77,411 fully paid ordinary shares through on-market trades, increasing the total number of shares held to 107,985,982. This adjustment in shareholding reflects ongoing strategic management of equity positions, potentially impacting the company’s market perception and stakeholder confidence.

Reward Minerals Limited to Quote 2 Million New Securities on ASX
Nov 27, 2025

Reward Minerals Limited has announced the application for the quotation of 2,000,000 fully paid ordinary securities on the Australian Securities Exchange (ASX), with the issue date being November 26, 2025. This move is part of previously announced transactions and could potentially enhance the company’s liquidity and market presence, impacting its operational capabilities and stakeholder interests positively.

Reward Minerals Issues 2 Million Shares Post Asset Purchase Agreement
Nov 27, 2025

Reward Minerals Limited has issued 2,000,000 fully paid ordinary shares following a Definitive Asset Purchase Agreement. The shares were issued without disclosure to investors under specific sections of the Corporations Act, and the company has complied with all relevant reporting and disclosure obligations. This issuance is part of Reward’s strategic efforts to strengthen its market position and continue its development projects, potentially impacting its operations and stakeholders positively.

Reward Minerals Director Increases Stake in Company
Nov 18, 2025

Reward Minerals Limited announced a change in the director’s interest in securities, with Michael Ruane acquiring an additional 215,000 fully paid ordinary shares through on-market trades. This acquisition reflects a slight increase in the total number of shares held by Ruane, indicating a continued commitment to the company’s growth and potential future developments in the potash sector.

Reward Minerals Unveils High-Grade Copper Potential in Newfoundland
Nov 18, 2025

Reward Minerals Limited has announced an investor roadshow for its Copper Lance Project in Newfoundland, highlighting the high-grade copper potential with historic samples showing up to 42% copper. The area is described as underexplored with no modern exploration conducted, presenting a significant opportunity for discovery in a mining-friendly province.

Reward Minerals Limited Announces Proposed Securities Issue
Nov 13, 2025

Reward Minerals Limited has announced a proposed issue of 2,000,000 ordinary fully paid securities, scheduled for December 15, 2025. This move is part of a placement or other type of issue, which could potentially enhance the company’s capital structure and support its ongoing operations and strategic initiatives.

Reward Minerals Acquires Promising Copper Project in Newfoundland
Nov 12, 2025

Reward Minerals Limited has announced the acquisition of the Copper Lance Project in Newfoundland, Canada, a region known for its rich Volcanogenic Massive Sulphide deposits. This strategic move is expected to enhance the company’s asset portfolio and strengthen its position in the mining sector, leveraging the project’s proximity to established deposits and favorable geological conditions for further exploration.

Reward Minerals Expands Potash and Mineral Exploration Efforts
Oct 27, 2025

Reward Minerals Limited has acquired a new exploration license for the Beyondie Potash Plant in Western Australia, which includes potash production infrastructure. The company is actively engaging with strategic investors and exploring joint venture opportunities to leverage its potash processing technologies. Reward is expanding its dual asset strategy by evaluating copper and precious metals projects for potential acquisition. The company is optimistic about the long-term demand for SOP and aims to become a globally relevant low-cost producer. Reward’s recent activities also include advancing exploration projects and maintaining the Beyondie Potash Plant, which presents an opportunity to conduct feasibility studies at reduced costs.

Reward Minerals Director Increases Shareholding
Sep 25, 2025

Reward Minerals Limited announced a change in the director’s interest in securities, with Michael Ruane acquiring an additional 90,000 fully paid ordinary shares through on-market trades. This change reflects a slight increase in direct shareholding, potentially indicating confidence in the company’s future performance and stability, which may reassure stakeholders about the company’s strategic direction.

Reward Minerals Announces Cessation of Securities
Sep 15, 2025

Reward Minerals Limited announced the cessation of certain securities, specifically options that expired without exercise or conversion. This development may impact the company’s capital structure and could influence investor perceptions regarding the company’s financial strategies and future funding options.

Reward Minerals Limited Releases Interim Financial Report for H1 2025
Sep 12, 2025

Reward Minerals Limited has released its interim financial report for the half-year ended June 30, 2025. The report provides insights into the company’s financial performance, including statements of profit or loss, financial position, changes in equity, and cash flows. This release is crucial for stakeholders to assess the company’s financial health and operational efficiency during the period.

Reward Minerals Director Increases Shareholding
Sep 9, 2025

Reward Minerals Limited announced a change in the director’s interest, with Michael Ruane acquiring an additional 20,000 fully paid ordinary shares through on-market trades. This change reflects a minor adjustment in the director’s holdings, indicating ongoing confidence in the company’s prospects and potentially impacting stakeholder perceptions positively.

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: Nov 25, 2025