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Robex Resources Inc (TSE:RBX)
:RBX
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Robex Resources (RBX) AI Stock Analysis

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TSE:RBX

Robex Resources

(RBX)

Rating:55Neutral
Price Target:
C$3.50
▲(6.38% Upside)
Robex Resources' score reflects positive corporate developments and technical indicators, offset by financial performance challenges and valuation concerns. The company shows potential for growth with its strategic initiatives, but must address profitability and cash flow issues to improve its financial standing.

Robex Resources (RBX) vs. iShares MSCI Canada ETF (EWC)

Robex Resources Business Overview & Revenue Model

Company DescriptionRobex Resources Inc., a junior operation and exploration mining company, engages in the exploration, development, and production of gold deposits. The company operates the Nampala mining permit located in southern Mali. It also holds four exploration permits, including Mininko and Kamasso exploration permits located in southern Mali; and Sanoula exploration permits situated in west Mali. Robex Resources Inc. was founded in 1985 and is headquartered in Québec, Canada.
How the Company Makes MoneyRobex Resources makes money primarily through the mining and sale of gold extracted from its Nampala mine in Mali. The company generates revenue by producing and selling gold to various buyers, including refineries and gold traders. Robex Resources focuses on optimizing its mining processes to increase production efficiency and reduce costs, thereby improving profit margins. Additionally, the company may engage in strategic partnerships or joint ventures to expand its mining operations and explore new opportunities, further contributing to its revenue streams.

Robex Resources Financial Statement Overview

Summary
Robex Resources shows a mixed financial picture with revenue growth and a strong gross profit margin. However, it struggles with profitability and cash flow management, requiring improvements in these areas.
Income Statement
48
Neutral
Robex Resources shows a mixed performance in its income statement. The company's revenue has been growing, with a notable increase from 2023 to TTM. However, profitability remains a concern, as reflected in the negative net income and declining EBITDA margins. The gross profit margin is relatively strong, indicating decent operational efficiency, but the persistent net losses pose a risk to financial health.
Balance Sheet
55
Neutral
The balance sheet presents a stable yet cautious picture. The debt-to-equity ratio is manageable, suggesting moderate leverage. However, the equity ratio is on the lower side, indicating a higher reliance on liabilities. Despite these challenges, the company maintains a reasonable return on equity, bolstered by its growing asset base.
Cash Flow
40
Negative
Cash flow analysis reveals significant challenges. While operating cash flow remains positive, the company struggles with negative free cash flow, primarily due to high capital expenditures. This impacts the free cash flow to net income ratio adversely. The operating cash flow to net income ratio indicates some level of efficiency in cash generation relative to net income, but overall cash flow metrics highlight the need for better cash management.
BreakdownDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue158.39M134.67M112.24M103.89M120.83M
Gross Profit72.88M68.88M62.41M54.54M65.45M
EBITDA88.05M65.32M53.97M49.23M69.64M
Net Income-11.58M-6.64M30.78M15.89M44.61M
Balance Sheet
Total Assets399.86M266.99M251.76M142.67M116.77M
Cash, Cash Equivalents and Short-Term Investments41.44M12.22M3.61M20.72M8.90M
Total Debt35.66M58.85M25.28M11.44M7.89M
Total Liabilities147.42M82.92M55.21M44.02M25.53M
Stockholders Equity254.74M183.69M193.19M97.42M90.14M
Cash Flow
Free Cash Flow-34.30M-7.37M-5.28M8.71M34.38M
Operating Cash Flow46.89M53.27M29.82M43.92M63.47M
Investing Cash Flow-112.27M-76.73M-47.69M-34.87M-30.20M
Financing Cash Flow92.22M35.20M733.51K4.18M-39.74M

Robex Resources Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price3.29
Price Trends
50DMA
3.32
Negative
100DMA
3.19
Positive
200DMA
2.83
Positive
Market Momentum
MACD
<0.01
Positive
RSI
47.82
Neutral
STOCH
61.11
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:RBX, the sentiment is Neutral. The current price of 3.29 is below the 20-day moving average (MA) of 3.34, below the 50-day MA of 3.32, and above the 200-day MA of 2.83, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 47.82 is Neutral, neither overbought nor oversold. The STOCH value of 61.11 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TSE:RBX.

Robex Resources Peers Comparison

Overall Rating
UnderperformOutperform
Sector (44)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
82
Outperform
C$524.82M3.2962.25%3.16%72.71%514.32%
82
Outperform
C$511.18M6.3925.03%41.30%340.97%
55
Neutral
C$638.22M-5.78%19.84%84.50%
50
Neutral
C$693.65M-0.28%83.41%
47
Neutral
C$467.16M-177.01%10.27%
46
Neutral
C$300.82M-9.95%-83.38%
44
Neutral
AU$1.47B-5.90-41.17%4.21%-3.35%-41.14%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:RBX
Robex Resources
3.29
0.59
21.85%
TSE:MND
Mandalay Resources
5.40
2.76
104.55%
TSE:PRB
Probe Metals
2.29
1.12
95.73%
TSE:THX
Thor Explorations
0.79
0.55
229.17%
TSE:RIO
Rio2
1.63
1.05
181.03%
TSE:FDR
Founders Metals
2.95
0.32
12.17%

Robex Resources Corporate Events

Delistings and Listing ChangesPrivate Placements and FinancingBusiness Operations and Strategy
Robex Resources Advances Kiniéro Gold Project and Lists on ASX
Positive
Jul 31, 2025

Robex Resources Inc reported significant progress in its June 2025 quarter activities, including the successful listing on the Australian Securities Exchange and raising A$120 million to fund the Kiniéro Gold Project. The project remains on schedule for its first gold pour in Q4 2025, with major construction milestones achieved. The Nampala Gold Mine continues steady production, contributing to the company’s overall growth and operational goals.

The most recent analyst rating on (TSE:RBX) stock is a Buy with a C$3.75 price target. To see the full list of analyst forecasts on Robex Resources stock, see the TSE:RBX Stock Forecast page.

Executive/Board ChangesRegulatory Filings and Compliance
Robex Resources Announces Changes in Company Secretary Position
Neutral
Jul 22, 2025

Robex Resources Inc. has announced a change in its company secretary position, with Susan Park resigning due to medical reasons and Matthew Foy being appointed as Joint Company Secretary alongside Ross McLean. Mr. Foy’s experience in corporate governance and compliance will support Robex’s obligations as a dual-listed entity, enhancing its regulatory and disclosure practices.

The most recent analyst rating on (TSE:RBX) stock is a Buy with a C$3.75 price target. To see the full list of analyst forecasts on Robex Resources stock, see the TSE:RBX Stock Forecast page.

Product-Related AnnouncementsBusiness Operations and Strategy
Robex Resources on Track for First Gold at Kiniero Project by Q4 2025
Positive
Jul 18, 2025

Robex Resources Inc. has announced that the construction of its Kiniero Gold Project in Guinea is progressing on schedule and within budget, with the first gold pour expected in the fourth quarter of 2025. The project has achieved significant milestones, including the completion of major concrete works and the installation of the tailings facility liner, while maintaining a safety record with no lost time injuries. The advancement of the project is expected to strengthen Robex’s position in the gold mining industry and provide positive implications for stakeholders as the company moves closer to commencing gold production.

The most recent analyst rating on (TSE:RBX) stock is a Buy with a C$3.75 price target. To see the full list of analyst forecasts on Robex Resources stock, see the TSE:RBX Stock Forecast page.

Private Placements and FinancingBusiness Operations and Strategy
Robex Resources Reports High-Grade Gold Results at Kiniero Project
Positive
Jul 10, 2025

Robex Resources Inc has reported promising results from its ongoing grade control drilling at the Kiniero Gold Project in Guinea, with significant gold intercepts enhancing geological confidence ahead of the first gold pour scheduled for Q4 2025. Additionally, the company has secured an amendment to its US$130 million Facility Agreement with Sprott, releasing US$25 million to fund construction, marking a positive development for its Guinean operations.

The most recent analyst rating on (TSE:RBX) stock is a Buy with a C$3.75 price target. To see the full list of analyst forecasts on Robex Resources stock, see the TSE:RBX Stock Forecast page.

Product-Related AnnouncementsBusiness Operations and Strategy
Robex Resources on Track for First Gold at Kiniero by Q4 2025
Positive
Jun 13, 2025

Robex Resources Inc announced that the construction of its Kiniero Gold Project in Guinea is progressing on schedule and within budget, with the first gold pour expected in the fourth quarter of 2025. The project has achieved significant milestones, such as the completion of engineering and design, ongoing grade control drilling, and the commencement of structural, mechanical, and piping works. The company has also secured necessary contracts and materials, ensuring the project’s timely advancement. This development positions Robex to enhance its market presence and deliver value to stakeholders by meeting its operational targets.

The most recent analyst rating on (TSE:RBX) stock is a Buy with a C$3.75 price target. To see the full list of analyst forecasts on Robex Resources stock, see the TSE:RBX Stock Forecast page.

Delistings and Listing ChangesPrivate Placements and FinancingBusiness Operations and Strategy
Robex Resources Begins ASX Trading After Successful IPO
Positive
Jun 5, 2025

Robex Resources Inc. has successfully commenced trading on the Australian Securities Exchange (ASX) following a A$120 million Initial Public Offer (IPO). The funds raised will be used to complete the construction of the Kiniero Gold Project in Guinea, which is expected to begin gold production by the fourth quarter of 2025. This dual listing on the ASX and TSX-V is a strategic move to enhance the company’s market presence and deliver value to shareholders, positioning Robex as a mid-tier gold producer in West Africa.

The most recent analyst rating on (TSE:RBX) stock is a Buy with a C$3.75 price target. To see the full list of analyst forecasts on Robex Resources stock, see the TSE:RBX Stock Forecast page.

Private Placements and FinancingBusiness Operations and StrategyFinancial Disclosures
Robex Resources Reports Strong Start to 2025 with Kiniero Project Progress
Positive
Jun 2, 2025

Robex Resources reported a strong start to 2025, with significant progress in the construction of the Kiniero project in Guinea, which is on track for first gold production in Q4 2025. The company secured a US$130 million senior debt facility and raised AUD$120 million through its ASX listing to support the project’s development. Despite a slight decline in gold production and sales in Q1 2025, Robex achieved a 26% increase in gold sales revenue compared to the same period in 2024, driven by a higher average realized gold price.

The most recent analyst rating on (TSE:RBX) stock is a Buy with a C$3.75 price target. To see the full list of analyst forecasts on Robex Resources stock, see the TSE:RBX Stock Forecast page.

Delistings and Listing ChangesPrivate Placements and Financing
Robex Resources Completes ASX IPO, Raising A$120 Million
Positive
May 30, 2025

Robex Resources Inc. has successfully completed an initial public offering on the Australian Securities Exchange, raising A$120 million to support the development of the Kiniero Gold Project and other corporate needs. This milestone is expected to enhance Robex’s market positioning and facilitate its growth ambitions in West Africa, with trading of its CDIs on the ASX anticipated to begin on June 5, 2025.

The most recent analyst rating on (TSE:RBX) stock is a Buy with a C$3.75 price target. To see the full list of analyst forecasts on Robex Resources stock, see the TSE:RBX Stock Forecast page.

Product-Related AnnouncementsDelistings and Listing ChangesPrivate Placements and FinancingBusiness Operations and Strategy
Robex Resources’ Kiniero Gold Project on Track for Q4 2025 Launch
Positive
May 14, 2025

Robex Resources Inc has announced that the construction of its Kiniero Gold Project in Guinea is progressing on schedule and within budget, with the first gold pour expected in the fourth quarter of 2025. The project has achieved significant milestones, including the completion of major construction activities and the commencement of grade control drilling. The company is also preparing for its Initial Public Offering to raise $120 million and list on the ASX, which will support its ongoing development efforts. The successful execution of these plans is expected to enhance Robex’s position in the gold mining industry and provide substantial value to its stakeholders.

The most recent analyst rating on (TSE:RBX) stock is a Buy with a C$3.75 price target. To see the full list of analyst forecasts on Robex Resources stock, see the TSE:RBX Stock Forecast page.

Delistings and Listing ChangesPrivate Placements and FinancingRegulatory Filings and Compliance
Robex Resources Files Replacement Prospectus for A$120 Million IPO
Neutral
May 7, 2025

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.

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: Aug 01, 2025