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Robex Resources Inc (TSE:RBX)
:RBX

Robex Resources (RBX) AI Stock Analysis

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Robex Resources

(RBX)

Rating:66Neutral
Price Target:
C$3.50
▲(2.94%Upside)
Robex Resources exhibits strong technical momentum and positive corporate developments that bolster its market potential. However, profitability challenges and a negative P/E ratio temper the outlook, necessitating improvements in financial performance for a more favorable valuation.

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 primarily through the extraction and sale of gold produced at its Nampala mine. The company processes mined ore to produce gold dore bars, which are then sold to refiners and other buyers in the global gold market. Robex Resources' earnings are significantly influenced by gold prices, production volumes, and operational efficiency at the mine. Additionally, the company's strategic partnerships and investments in exploration activities aim to expand its resource base and ensure long-term profitability. Operational cost management and optimizing production processes are also critical factors in enhancing their revenue streams.

Robex Resources Financial Statement Overview

Summary
Robex Resources exhibits mixed financial results. The company reports revenue growth but faces challenges in profitability and cash flow management, with negative net income and free cash flow. The balance sheet is stable, featuring manageable debt and strong equity financing, but ongoing operational losses and cash flow issues pose significant risks.
Income Statement
52
Neutral
Robex Resources shows inconsistent revenue growth with a recent increase of 13.39% in TTM from the previous year. However, profitability metrics are concerning; the company has negative EBIT and net profit margins in TTM, indicating operational and net losses. The gross profit margin has significantly declined from previous years, reflecting reduced cost efficiency.
Balance Sheet
68
Positive
The company maintains a moderate debt-to-equity ratio of 0.16 in TTM, indicating manageable leverage. However, the return on equity is negative due to net losses, which is a red flag. The equity ratio remains healthy at 65.18%, suggesting strong asset financing through equity.
Cash Flow
46
Neutral
Robex Resources faces challenges with negative free cash flow growth and a negative free cash flow to net income ratio, indicating cash flow issues. The operating cash flow to net income ratio is positive, suggesting that the company generates cash from operations despite net losses.
Breakdown
TTMDec 2023Dec 2022Dec 2021Dec 2020Dec 2019
Income StatementTotal Revenue
152.71M134.67M112.24M103.89M120.83M99.19M
Gross Profit
15.68M68.88M62.41M54.54M65.45M34.17M
EBIT
-5.80M-13.20M41.65M37.09M48.53M21.43M
EBITDA
82.53M65.32M53.97M49.23M69.64M52.77M
Net Income Common Stockholders
-34.34M-6.64M30.78M15.89M44.61M19.07M
Balance SheetCash, Cash Equivalents and Short-Term Investments
7.42M12.22M3.61M20.72M8.90M13.60M
Total Assets
109.69M266.99M251.76M142.67M116.77M97.71M
Total Debt
36.06M58.85M25.28M11.44M7.89M13.59M
Net Debt
28.64M46.63M21.67M-9.28M-1.01M-9.39K
Total Liabilities
52.78M82.92M55.21M44.02M25.53M25.03M
Stockholders Equity
56.22M183.69M193.19M97.42M90.14M71.96M
Cash FlowFree Cash Flow
-17.68M-7.37M-5.28M8.71M34.38M27.56M
Operating Cash Flow
44.31M53.27M29.82M43.92M63.47M45.84M
Investing Cash Flow
-85.42M-76.73M-47.69M-34.87M-30.20M-18.24M
Financing Cash Flow
95.02M35.20M733.51K4.18M-39.74M-21.43M

Robex Resources Technical Analysis

Technical Analysis Sentiment
Positive
Last Price3.40
Price Trends
50DMA
3.12
Positive
100DMA
2.81
Positive
200DMA
2.70
Positive
Market Momentum
MACD
0.08
Negative
RSI
63.31
Neutral
STOCH
81.53
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:RBX, the sentiment is Positive. The current price of 3.4 is above the 20-day moving average (MA) of 3.23, above the 50-day MA of 3.12, and above the 200-day MA of 2.70, indicating a bullish trend. The MACD of 0.08 indicates Negative momentum. The RSI at 63.31 is Neutral, neither overbought nor oversold. The STOCH value of 81.53 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:RBX.

Robex Resources Peers Comparison

Overall Rating
UnderperformOutperform
Sector (50)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
TSMND
81
Outperform
C$492.24M6.1525.03%41.30%340.97%
TSTHX
79
Outperform
C$465.71M2.9162.25%1.78%72.71%514.32%
TSRBX
66
Neutral
C$532.61M-5.78%19.84%84.50%
50
Neutral
$2.00B-1.12-21.15%3.68%2.69%-30.65%
TSRIO
50
Neutral
C$518.49M-0.28%83.41%
TSPRB
47
Neutral
C$495.62M-177.01%10.27%
TSFDR
46
Neutral
C$432.27M-14.97%-83.38%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:RBX
Robex Resources
3.40
0.59
21.00%
TSE:MND
Mandalay Resources
5.11
2.86
127.11%
TSE:PRB
Probe Metals
2.53
1.21
91.67%
TSE:THX
Thor Explorations
0.72
0.45
166.67%
TSE:RIO
Rio2
1.32
0.78
144.44%
TSE:FDR
Founders Metals
4.54
2.69
145.41%

Robex Resources Corporate Events

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.

Delistings and Listing ChangesPrivate Placements and FinancingBusiness Operations and Strategy
Robex Resources Announces A$120M IPO for ASX Listing
Positive
Apr 17, 2025

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.

Delistings and Listing ChangesPrivate Placements and FinancingBusiness Operations and Strategy
Robex Resources Secures Underwriting for ASX Listing
Positive
Apr 15, 2025

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.

Legal ProceedingsBusiness Operations and Strategy
Robex Resources Settles Dispute Over Sycamore SPA
Positive
Apr 8, 2025

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.

Business Operations and Strategy
Robex Resources Advances Kiniero Gold Project Towards 2025 Milestone
Positive
Apr 2, 2025

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.

Executive/Board ChangesBusiness Operations and StrategyFinancial Disclosures
Robex Resources Reports 2024 Financial Results and Strategic Developments
Neutral
Mar 31, 2025

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.

Private Placements and Financing
Robex Resources Secures $130 Million Financing for Kiniero Gold Project
Positive
Mar 17, 2025

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.

Delistings and Listing ChangesPrivate Placements and Financing
Robex Secures $130 Million for Guinea Gold Project
Positive
Mar 4, 2025

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.

Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

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.