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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)

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Neutral 49 (OpenAI - 4o)
Rating:49Neutral
Price Target:
C$4.00
▼(-5.21% Downside)
Robex Resources' stock score is primarily impacted by its financial performance, which shows revenue growth but significant profitability and cash flow challenges. Technical analysis indicates some positive momentum, but valuation metrics highlight concerns with a negative P/E ratio and no dividend yield.

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 generates revenue through the extraction and sale of gold from its mining operations, particularly from the Nampala gold mine, which is a significant contributor to its earnings. The company's revenue model is primarily based on the volume of gold produced and sold in the global market, with prices influenced by international gold prices. Additionally, Robex may engage in strategic partnerships with other mining firms or investors to enhance its operational capabilities and expand its resource base, further contributing to potential earnings. Factors such as operational efficiency, cost management, and market demand for gold play crucial roles in the company's revenue generation.

Robex Resources Financial Statement Overview

Summary
Robex Resources shows revenue growth but struggles with profitability and cash flow management. The balance sheet is stable with moderate leverage, but negative return on equity and cash flow issues are significant risks.
Income Statement
Robex Resources has shown a positive revenue growth rate of 12.33% in the TTM period, indicating a potential upward trajectory in sales. However, the company is struggling with profitability, as evidenced by a negative net profit margin of -7.13% and a declining EBIT margin. The gross profit margin remains relatively stable, but the negative net income highlights ongoing challenges in cost management and profitability.
Balance Sheet
The company's balance sheet reflects a moderate debt-to-equity ratio of 0.15, suggesting a conservative approach to leverage. However, the return on equity is negative, indicating inefficiencies in generating returns on shareholder investments. The equity ratio is not explicitly calculated, but the balance sheet shows a solid equity base relative to total assets.
Cash Flow
Robex Resources faces significant challenges in cash flow management, with a negative free cash flow and a high free cash flow growth rate due to worsening cash outflows. The operating cash flow to net income ratio is low, indicating difficulties in converting earnings into cash. The free cash flow to net income ratio is also negative, highlighting cash flow constraints.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue189.36M158.39M134.67M112.24M103.89M120.83M
Gross Profit88.65M72.88M68.88M62.41M54.54M65.45M
EBITDA18.50M88.05M65.32M53.97M49.23M69.64M
Net Income-47.82M-11.58M-6.64M30.78M15.89M44.61M
Balance Sheet
Total Assets552.85M399.86M266.99M251.76M142.67M116.77M
Cash, Cash Equivalents and Short-Term Investments21.27M41.44M12.22M3.61M20.72M8.90M
Total Debt20.70M35.66M58.85M25.28M11.44M7.89M
Total Liabilities213.23M147.42M82.92M55.21M44.02M25.53M
Stockholders Equity339.91M254.74M183.69M193.19M97.42M90.14M
Cash Flow
Free Cash Flow-166.31M-34.30M-7.37M-5.28M8.71M34.38M
Operating Cash Flow-1.50M46.89M53.27M29.82M43.92M63.47M
Investing Cash Flow-206.46M-112.27M-76.73M-47.69M-34.87M-30.20M
Financing Cash Flow109.76M92.22M35.20M733.51K4.18M-39.74M

Robex Resources Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price4.22
Price Trends
50DMA
4.03
Positive
100DMA
3.67
Positive
200DMA
3.27
Positive
Market Momentum
MACD
0.13
Positive
RSI
45.86
Neutral
STOCH
23.36
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 4.22 is below the 20-day moving average (MA) of 4.57, above the 50-day MA of 4.03, and above the 200-day MA of 3.27, indicating a neutral trend. The MACD of 0.13 indicates Positive momentum. The RSI at 45.86 is Neutral, neither overbought nor oversold. The STOCH value of 23.36 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 (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
82
Outperform
41.30%340.97%
74
Outperform
C$662.63M3.4865.20%3.71%77.48%262.88%
61
Neutral
$10.43B7.12-0.05%2.87%2.86%-36.73%
50
Neutral
C$924.23M-1,653.851.29%97.41%
49
Neutral
C$1.00B-17.11-17.15%25.54%53.84%
47
Neutral
C$750.72M-31.03-67.43%40.37%
46
Neutral
C$389.54M-54.34-9.95%46.54%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:RBX
Robex Resources
4.22
1.65
64.20%
TSE:MND
Mandalay Resources
5.40
2.18
67.70%
TSE:PRB
Probe Metals
3.68
2.08
130.00%
TSE:THX
Thor Explorations
1.01
0.75
288.46%
TSE:RIO
Rio2
2.15
1.49
225.76%
TSE:FDR
Founders Metals
3.82
-0.16
-4.02%

Robex Resources Corporate Events

Business Operations and StrategyM&A TransactionsPrivate Placements and Financing
Robex Resources Advances Kiniero Project and Announces Merger
Positive
Oct 31, 2025

Robex Resources Inc. reported significant progress in the September 2025 quarter, including a merger with Predictive Discovery to form a stronger mid-tier West African gold producer. The company accelerated the expiry of its 2024 warrants, raising C$148.2M, and amended its senior facility with Sprott to unlock US$90 million for the Kiniero Gold Project. Mining operations have commenced at Kiniero, with construction on track for the first gold pour in Q4 2025. The Nampala Gold Mine in Mali continues to operate efficiently, producing 9,774 ounces of gold in the quarter.

The most recent analyst rating on (TSE:RBX) stock is a Hold with a C$4.50 price target. To see the full list of analyst forecasts on Robex Resources stock, see the TSE:RBX Stock Forecast page.

Business Operations and StrategyProduct-Related Announcements
Robex Resources’ Kiniero Gold Project on Track for First Gold by Q4 2025
Positive
Oct 16, 2025

Robex Resources Inc announced that its Kiniero Gold Project in Guinea is on track and within budget to achieve its first gold pour by the fourth quarter of 2025. The project has maintained a strong safety record with no lost time injuries and has progressed significantly in construction and development activities, including the commencement of mining operations and nearing completion of major components of the process plant. The company is poised for a successful commissioning phase and subsequent ramp-up to full production, which is expected to enhance its market position and operational capabilities.

The most recent analyst rating on (TSE:RBX) stock is a Hold with a C$3.50 price target. To see the full list of analyst forecasts on Robex Resources stock, see the TSE:RBX Stock Forecast page.

Business Operations and StrategyM&A Transactions
Predictive Discovery and Robex Resources Announce Merger to Form Leading West African Gold Producer
Positive
Oct 5, 2025

Predictive Discovery Limited and Robex Resources Inc. have announced a merger to form a mid-tier gold producer in West Africa, combining two major projects with expected production exceeding 400,000 ounces annually by 2029. This merger aims to enhance economic growth in Guinea, strengthen local infrastructure, and improve the capital markets profile of the combined company, with an estimated market capitalization of A$2,350 million.

The most recent analyst rating on (TSE:RBX) stock is a Hold with a C$3.50 price target. To see the full list of analyst forecasts on Robex Resources stock, see the TSE:RBX Stock Forecast page.

Business Operations and StrategyPrivate Placements and Financing
Robex Resources Accelerates Warrant Expiry Amid Rising Share Prices
Positive
Sep 18, 2025

Robex Resources Inc. has announced the acceleration of the expiry date for its 2024 Warrants due to a sustained increase in share price, driven by progress in the Kiniéro Gold Project in Guinea. This move is expected to generate approximately C$147.3 million in proceeds, which will be used to fund exploration and development activities at the Kiniero Mine, marking a transformative phase for the company with first gold pour expected in December 2025.

The most recent analyst rating on (TSE:RBX) stock is a Hold with a C$3.50 price target. To see the full list of analyst forecasts on Robex Resources stock, see the TSE:RBX Stock Forecast page.

Business Operations and StrategyPrivate Placements and Financing
Robex Resources Secures Enhanced Funding for Kiniéro Gold Project
Positive
Sep 4, 2025

Robex Resources Inc announced amendments to its US$130 million senior secured facility with Sprott Resource Lending, enhancing its funding flexibility for the Kiniéro Gold Project. The revised terms allow Robex to access US$90 million of the remaining facility without needing the Mansounia Exploitation Permits, reflecting strong relations with Sprott and confidence in the project. This development is crucial for Robex as it progresses towards its first gold pour in December 2025, potentially impacting its market positioning and shareholder value.

The most recent analyst rating on (TSE:RBX) stock is a Hold with a C$3.50 price target. To see the full list of analyst forecasts on Robex Resources stock, see the TSE:RBX Stock Forecast page.

Business Operations and StrategyExecutive/Board ChangesShareholder Meetings
Robex Resources Announces Successful Shareholder Meeting Outcomes
Positive
Sep 4, 2025

Robex Resources Inc announced the results of its 2025 Annual General and Special Meeting of Shareholders, where all proposed resolutions were approved. Key decisions included the appointment of Grant Thornton Audit Pty Ltd as auditors, the election of six directors, and the ratification of the omnibus equity compensation plan and performance share units for management. The issuance of common shares to SCP Resource Finance LP was also ratified, with approximately 46.43% of total issued and outstanding shares voted at the meeting. These approvals are expected to support Robex’s strategic initiatives and strengthen its governance framework.

The most recent analyst rating on (TSE:RBX) stock is a Hold with a C$3.50 price target. To see the full list of analyst forecasts on Robex Resources stock, see the TSE:RBX Stock Forecast page.

Business Operations and StrategyProduct-Related Announcements
Robex Resources on Track for First Gold at Kiniero by Q4 2025
Positive
Aug 26, 2025

Robex Resources Inc is on track to achieve its first gold pour at the Kiniero Gold Project in Guinea by the fourth quarter of 2025. The construction is progressing well, with significant advancements in various components such as the process plant, power station, and tailings storage facility. The project has maintained a strong safety record with no lost time injuries and is currently on schedule and budget. The ongoing drilling at the Sabali pit is nearing completion, with results expected soon, which could impact the project’s operational planning and stakeholder expectations.

The most recent analyst rating on (TSE:RBX) stock is a Hold with a C$3.00 price target. To see the full list of analyst forecasts on Robex Resources stock, see the TSE:RBX Stock Forecast page.

Business Operations and StrategyRegulatory Filings and Compliance
Robex Resources Updates Kiniero Gold Project Feasibility Study
Neutral
Aug 23, 2025

Robex Resources Inc. has filed an updated feasibility study for the Kiniero Gold Project in Guinea, amending the technical report to enhance clarity and consistency. The amendments include clarifications on mineral tenure, economic analysis, and project ownership, among others, but do not alter the previously reported mineral resource and reserve estimates. This update aims to align the report with NI 43-101 guidelines, potentially strengthening Robex’s operational transparency and stakeholder confidence.

The most recent analyst rating on (TSE:RBX) stock is a Hold with a C$3.50 price target. To see the full list of analyst forecasts on Robex Resources stock, see the TSE:RBX Stock Forecast page.

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 05, 2025