Top Page
Robex Resources
(RBX)
Robex Resources (RBX) vs. S&P 500 (SPY)
Robex Resources Business Overview & Revenue Model
Robex Resources Financial Statement Overview
| Breakdown | |||||
| TTM | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 152.71M | 134.67M | 112.24M | 103.89M | 120.83M | 99.19M | Gross Profit |
| 15.68M | 68.88M | 62.41M | 54.54M | 65.45M | 34.17M | EBIT |
| -5.80M | -13.20M | 41.65M | 37.09M | 48.53M | 21.43M | EBITDA |
| 82.53M | 65.32M | 53.97M | 49.23M | 69.64M | 52.77M | Net Income Common Stockholders |
| -34.34M | -6.64M | 30.78M | 15.89M | 44.61M | 19.07M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 7.42M | 12.22M | 3.61M | 20.72M | 8.90M | 13.60M | Total Assets |
| 109.69M | 266.99M | 251.76M | 142.67M | 116.77M | 97.71M | Total Debt |
| 36.06M | 58.85M | 25.28M | 11.44M | 7.89M | 13.59M | Net Debt |
| 28.64M | 46.63M | 21.67M | -9.28M | -1.01M | -9.39K | Total Liabilities |
| 52.78M | 82.92M | 55.21M | 44.02M | 25.53M | 25.03M | Stockholders Equity |
| 56.22M | 183.69M | 193.19M | 97.42M | 90.14M | 71.96M |
| Cash Flow | Free Cash Flow | ||||
| -17.68M | -7.37M | -5.28M | 8.71M | 34.38M | 27.56M | Operating Cash Flow |
| 44.31M | 53.27M | 29.82M | 43.92M | 63.47M | 45.84M | Investing Cash Flow |
| -85.42M | -76.73M | -47.69M | -34.87M | -30.20M | -18.24M | Financing Cash Flow |
| 95.02M | 35.20M | 733.51K | 4.18M | -39.74M | -21.43M |
Robex Resources Technical Analysis
Robex Resources Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
83 Outperform | C$489.41M | 6.12 | 25.03% | ― | 41.30% | 340.97% | |
82 Outperform | C$431.82M | 3.40 | 57.36% | ― | 39.36% | 746.02% | |
67 Neutral | C$464.59M | ― | -5.29% | ― | 17.61% | -213.86% | |
50 Neutral | C$446.01M | ― | 0.21% | ― | ― | 83.41% | |
49 Neutral | $1.97B | -1.18 | -21.24% | 3.71% | 1.29% | -31.16% | |
47 Neutral | C$421.27M | ― | -109.44% | ― | ― | 10.27% | |
46 Neutral | C$430.77M | ― | -14.97% | ― | ― | -83.38% |
Robex Resources Corporate Events
Robex Resources Inc. has lodged a replacement prospectus with the Australian Securities and Investment Commission for an Initial Public Offering (IPO) to raise A$120 million. This move aims to provide additional disclosures and adjust the timetable of the offer, potentially impacting the company’s financial strategy and market positioning.
Spark’s Take on TSE:RBX Stock
According to Spark, TipRanks’ AI Analyst, TSE:RBX is a Neutral.
Robex Resources benefits from strong technical momentum and positive strategic corporate events, such as financing and partnerships. However, challenges with profitability and valuation metrics temper the overall outlook. Improvements in cash flow management and achieving profitability could further enhance the stock’s attractiveness.
To see Spark’s full report on TSE:RBX stock, click here.
Robex Resources has lodged a prospectus with the Australian Securities and Investment Commission for an Initial Public Offering (IPO) to raise A$120 million, aiming to list on the Australian Securities Exchange in June 2025. The funds will be used to ensure the development and construction of the Kiniero Gold Project, which is expected to begin production in late 2025. This strategic move is anticipated to enhance trading activity and volume, benefiting shareholders and strengthening Robex’s market presence.
Spark’s Take on TSE:RBX Stock
According to Spark, TipRanks’ AI Analyst, TSE:RBX is a Neutral.
Robex Resources is positioned for growth with strong technical momentum and strategic corporate events. However, challenges in profitability and valuation metrics temper the overall outlook.
To see Spark’s full report on TSE:RBX stock, click here.
Robex Resources Inc. has entered into an underwriting agreement with Euroz Hartleys Limited and Canaccord Genuity (Australia) Limited to fully underwrite its proposed offer of CHESS Depositary Interests, aiming to raise A$120 million. This move is part of Robex’s strategy to list on the Australian Securities Exchange, expanding its market presence and potentially enhancing its financial resources for future projects. The offer is subject to regulatory approvals, and the joint lead managers will receive various fees for their services.
Spark’s Take on TSE:RBX Stock
According to Spark, TipRanks’ AI Analyst, TSE:RBX is a Neutral.
Robex Resources is positioned for growth with strong technical momentum and strategic corporate events. However, challenges in profitability and valuation metrics temper the overall outlook.
To see Spark’s full report on TSE:RBX stock, click here.
Robex Resources Inc. has reached a settlement agreement with claimants involved in a previous share purchase agreement with Sycamore Mining Ltd. The settlement involves issuing outstanding shares, a payment of CAD$1,000,000 in two installments, and granting 12,500,000 common share purchase warrants to the claimants. This agreement, pending TSX Venture Exchange approval, aims to resolve claims related to the Sycamore SPA, potentially stabilizing Robex’s financial commitments and enhancing its operational focus in the gold production sector.
Spark’s Take on TSE:RBX Stock
According to Spark, TipRanks’ AI Analyst, TSE:RBX is a Neutral.
Robex Resources has strong revenue growth and positive technical indicators. However, profitability challenges and a negative valuation impact the overall score. The company’s strategic corporate events, including project advancements and financing, present potential for future growth.
To see Spark’s full report on TSE:RBX stock, click here.
Robex Resources Inc is making significant progress on its Kiniero Gold Project in Guinea, with construction activities on track and within budget. The company plans to achieve its first gold pour by Q4 2025 and expects to produce 155,000 ounces of gold in 2026. Key construction milestones include the completion of the SAG and ball mill foundations, the primary crusher ROM wall, and significant progress on the tailings storage facility. The project remains free of lost time injuries, and major contracts for mill installation and mining are set to be awarded soon. This advancement positions Robex well within the gold production industry, potentially enhancing its market presence and stakeholder value.
Robex Resources Inc. reported its 2024 financial results, highlighting a transformative year with a new board and management. The company achieved 5.2 million hours without injury and saw a slight increase in ore mined. However, gold production decreased by 9.9% to 46,715 ounces due to processing challenges, though revenues rose by 17.6% due to higher selling prices. The company also announced the nomination of new joint corporate secretaries and the grant of Performance Share Units to align with long-term objectives.
Robex Resources Inc. has successfully closed a US$130 million syndicated facility agreement with Sprott Resource Lending to finance the construction of the Kiniero Gold Project in Guinea. This agreement marks a crucial milestone for Robex, enabling the initial utilization of US$25 million, with further disbursements subject to specific conditions. Additionally, Robex issued 773,811 bonus shares to the lender as part of the agreement, reflecting 1% of the total commitment, which underscores the company’s strategic financial maneuvers to advance its project development.
Robex Resources Inc. has signed a US$130 million syndicated facility agreement with Sprott Resource Lending to finance the construction of the Kiniero Gold Project in Guinea. This agreement marks a significant step for Robex, as it secures the necessary funding to advance the project, with plans to list its shares on the Australian Securities Exchange. The facility includes favorable terms such as no mandatory gold hedging or royalties, and the issuance of bonus shares as additional compensation to the lender.
Robex Resources Inc. has successfully closed a convention with the government of Mali, granting the government a 20% ownership in Nampala SA and involving them in governance through a shareholder agreement. This development is expected to enhance Robex’s operations in Mali, as the company aims to extend the life of the Nampala mine and further develop its properties, reinforcing its strategy for sustainable growth.
Robex Resources Inc. has announced that the Government of Mali has approved a new convention agreement between the company and the state. This agreement, which includes a memorandum of understanding from 2024, increases the state’s non-contributory, non-dilutable shares in the company’s capital, offering them priority dividends. This development is part of broader mining sector reforms in Mali and resolves all outstanding liabilities between Robex and the government. The approval signifies strong collaboration with the Malian authorities and is expected to bolster Robex’s operations and position within the mining sector, ensuring a stable framework for future activities and investments.