Robex Resources Inc (TSE:RBX)
:RBX
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Robex Resources
(RBX)
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Rating:58Neutral
Price Target:
C$7.50
▲(55.28% Upside)
Action:ReiteratedDate:04/11/26
The score is held back primarily by weak financial quality—especially the very large net loss and extremely negative free cash flow—despite healthy operating margins and a low-leverage balance sheet. Technicals are supportive with a strong uptrend, but valuation is constrained by loss-making results.
Positive Factors
Low leverage / strong balance sheet
Robex's very low debt-to-equity and improving leverage profile reduce refinancing and interest-rate risk over the medium term. This financial conservatism supports capital allocation for development or downturns, preserving optionality to fund projects or withstand commodity-cycle volatility without urgent debt raises.
Negative Factors
Severe net loss and deeply negative FCF
A very large reported loss and deeply negative free cash flow signal structural funding stress if sustained. Such outcomes can force recurrent equity or debt raises, dilute shareholders, and divert management focus to liquidity rather than operations or growth, raising medium-term execution and financing risk.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage / strong balance sheet
Robex's very low debt-to-equity and improving leverage profile reduce refinancing and interest-rate risk over the medium term. This financial conservatism supports capital allocation for development or downturns, preserving optionality to fund projects or withstand commodity-cycle volatility without urgent debt raises.
Read all positive factors
Robex Resources (RBX) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$1.76B
Dividend YieldN/A
Average Volume (3M)76.56K
Price to Earnings (P/E)―
Beta (1Y)0.82
Revenue Growth29.47%
EPS Growth1.53%
CountryCA
Employees502
SectorBasic Materials
Sector Strength58
IndustryGold
Share Statistics
EPS (TTM)0.03
Shares Outstanding252,217,800
10 Day Avg. Volume88,046
30 Day Avg. Volume76,556
Financial Highlights & Ratios
PEG Ratio-0.01
Price to Book (P/B)2.27
Price to Sales (P/S)5.00
P/FCF Ratio-3.60
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)1.3
Revenue Forecast (FY)C$1.05B
Robex Resources Business Overview & Revenue Model
Company Description
Robex Resources (RBX) is a Canadian mining company focused on the exploration and production of gold in Mali, West Africa. The company primarily operates the Nampala gold mine and is engaged in the development of additional mining projects within ...
How the Company Makes Money
Robex Resources makes money primarily by producing and selling gold from its mining operations. Revenue is generated from the sale of produced gold (typically sold into global bullion markets either through off-take arrangements or to refiners/tra...
Robex Resources Financial Statement Overview
Summary
Income Statement
46
Neutral
Balance Sheet
78
Positive
Cash Flow
34
Negative
| Breakdown | Dec 2025 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 222.43M | 158.39M | 134.67M | 112.24M | 103.89M |
| Gross Profit | 106.52M | 72.88M | 68.88M | 62.41M | 54.54M |
| EBITDA | 106.65M | 88.05M | 65.32M | 53.97M | 49.23M |
| Net Income | -140.85M | -11.58M | -6.64M | 30.78M | 15.89M |
Balance Sheet | |||||
| Total Assets | 872.92M | 399.86M | 266.99M | 251.76M | 142.67M |
| Cash, Cash Equivalents and Short-Term Investments | 215.63M | 41.44M | 12.22M | 3.61M | 20.72M |
| Total Debt | 26.91M | 35.66M | 58.85M | 25.28M | 11.44M |
| Total Liabilities | 384.63M | 147.42M | 82.92M | 55.21M | 44.02M |
| Stockholders Equity | 489.96M | 254.74M | 183.69M | 193.19M | 97.42M |
Cash Flow | |||||
| Free Cash Flow | -309.04M | -34.30M | -7.37M | -5.28M | 8.71M |
| Operating Cash Flow | 22.95M | 46.89M | 53.27M | 29.82M | 43.92M |
| Investing Cash Flow | -417.11M | -112.27M | -76.73M | -47.69M | -34.87M |
| Financing Cash Flow | 443.87M | 92.22M | 35.20M | 733.51K | 4.18M |
Robex Resources Technical Analysis
Positive
4.83
Price Trends
6.47
Positive
5.83
Positive
4.78
Positive
Market Momentum
0.14
Negative
60.58
Neutral
82.99
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 4.83 is below the 20-day moving average (MA) of 6.05, below the 50-day MA of 6.47, and above the 200-day MA of 4.78, indicating a bullish trend. The MACD of 0.14 indicates Negative momentum. The RSI at 60.58 is Neutral, neither overbought nor oversold. The STOCH value of 82.99 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
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
66 Neutral | C$1.63B | 10.62 | 18.62% | ― | 34.05% | 80.47% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
58 Neutral | C$1.76B | -7.90 | -42.22% | ― | 29.47% | 1.53% | |
46 Neutral | C$1.21B | -104.90 | -12.24% | ― | ― | ― | |
45 Neutral | C$1.39B | -4.90 | -30.09% | ― | -1.73% | 37.26% | |
45 Neutral | C$973.50M | -20.02 | -28.39% | ― | ― | 28.06% | |
42 Neutral | C$1.31B | -17.64 | -176.75% | ― | ― | -66.50% |
* Basic Materials Sector Average
TSE:RBX
Robex Resources
6.99
3.79
118.44%
TSE:ATX
ATEX Resources Inc
3.49
1.32
60.83%
TSE:ORE
Orezone Gold
2.44
1.29
112.17%
TSE:RIO
Rio2
2.82
1.91
209.89%
TSE:ODV
Osisko Development
4.57
2.28
99.56%
TSE:NFG
New Found Gold
2.82
1.28
83.12%
Robex Resources Corporate Events
Delistings and Listing ChangesM&A Transactions
Predictive Discovery and Robex Set April Timetable for Merger Completion
Positive
Apr 9, 2026
Predictive Discovery and Robex Resources have set out the final timetable for their merger, confirming that all conditions have been met and the statutory plan of arrangement under Québec law will take effect on 15 April 2026. On implementati...
Business Operations and StrategyDelistings and Listing ChangesM&A Transactions
Robex–Predictive Discovery Merger Cleared to Form West African Gold Leader
Positive
Apr 8, 2026
Predictive Discovery and Robex Resources have confirmed that all conditions for their previously announced merger have been satisfied or waived, allowing the transaction to proceed to implementation around 15 April 2026. Robex shareholders will re...
Business Operations and StrategyFinancial Disclosures
Robex boosts output and liquidity as Kiniero ramps up in Q1 2026
Positive
Apr 7, 2026
Robex Resources reported a strong first quarter of calendar 2026 as its Kiniero Gold Mine in Guinea continued to ramp up following the start of commercial production in February. Kiniero milled 1.6 million tonnes of ore at an average grade of 0.85...
Business Operations and StrategyFinancial Disclosures
Robex Reaches Commercial Production at Kiniero Gold Mine in Guinea
Positive
Feb 12, 2026
Robex Resources has achieved commercial production at its Kiniero gold project in Guinea, meeting both the criteria of its senior secured facility with Sprott and the requirements of the Guinea Mining Code. Commercial status was triggered by the f...
Business Operations and StrategyFinancial DisclosuresM&A TransactionsShareholder Meetings
Robex Hits First Gold at Kiniero and Advances Merger in Push to Mid-Tier Status
Positive
Jan 30, 2026
In the December 2025 quarter, Robex Resources marked a major operational milestone with the first gold pour at its Kiniero Gold Project in Guinea, delivered on time and on budget, and began ramping up the processing plant toward nameplate capacity...
Business Operations and StrategyM&A TransactionsShareholder Meetings
Robex Secures Final Court Approval for Merger with Predictive Discovery
Positive
Jan 13, 2026
Robex Resources has obtained a final order from the Québec Superior Court approving its planned merger with Predictive Discovery Limited, a deal under which a Predictive subsidiary will acquire all outstanding Robex shares via a statutory pla...
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.