RTG Mining (RTG) AI Stock Analysis

• Market Cap: C$57.35M
• Dividend Yield: N/A
• Average Volume (3M): 579.19K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.57
• Revenue Growth: N/A
• EPS Growth: 33.33%
• Country: CA
• Employees: 5
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): >-0.01
• Shares Outstanding: 1,911,705,400
• 10 Day Avg. Volume: 327,882
• 30 Day Avg. Volume: 579,186
• PEG Ratio: -2.38
• Price to Book (P/B): 7.02
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -6.50K
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 45 Neutral
• Price Target: C$0.03 ▼(-3.33% Downside)

The score is held down primarily by weak financial performance (no revenue, ongoing losses, and negative cash flow), with only partial mitigation from lower leverage and improved 2024 cash burn. Technicals are neutral-to-soft with negative MACD and weak stochastic, while valuation is limited by negative earnings and no indicated dividend support. Recent corporate events provide a positive offset via project advancement and promising drilling results.

Positive Factors

Project Advancement

Advancing the Mabilo Project is crucial for RTG's long-term growth, as successful development can transition the company from exploration to production, enhancing revenue potential and market position.

Capital Infusion

The substantial capital raise strengthens RTG's balance sheet, providing necessary funds to advance the Mabilo Project and support broader business development, which could lead to early cash flows and resource expansion.

Strategic Partnership

The partnership with Glencore secures up to US$30 million in financing, enhancing RTG's ability to develop the Mabilo Project and potentially increasing future revenue streams through improved project execution and resource extraction.

Negative Factors

Shrinking Equity Base

A shrinking equity base suggests financial instability and may limit RTG's ability to secure favorable financing terms, impacting its capacity to fund ongoing and future projects effectively.

Negative Cash Flows

Persistent negative cash flows highlight operational inefficiencies and liquidity concerns, which can strain financial resources and hinder the company's ability to invest in growth opportunities.

Zero Revenue Generation

The lack of revenue generation indicates operational challenges and a reliance on external funding, which can limit financial sustainability and increase risk if projects do not transition to production.

RTG Mining Business Overview & Revenue Model

Company Description

RTG Mining Inc. explores for and develops mineral properties. The company explores for copper and gold deposits. Its principal property is the Mabilo project located in the Philippines. The company has other explorations projects comprising Chanach, Bunawan, Nalesbitan, Pacific Cordillera, Bhayan, Mawab, and Taguibo, as well as copper-gold Panguna Project located in Region of Bougainville. The company was incorporated in 2012 and is headquartered in Subiaco, Australia.

How the Company Makes Money

RTG Mining makes money through the exploration, development, and eventual production from its mining projects. The company's primary revenue stream is expected to come from the sale of gold and copper extracted from these projects. Additionally, RTG may enter into joint ventures or strategic partnerships with other mining companies to share the risks and rewards of exploration and development activities, which can also contribute to its revenue. The company's success in converting its exploration projects into producing mines is a significant factor in its earnings potential.

RTG Mining Financial Statement Overview

Summary

RTG Mining is facing significant financial challenges, with zero revenue generation and consistent losses. The persistent negative cash flows and shrinking equity base highlight significant operational and financial risks. The company's financial position suggests an urgent need for strategic changes to improve revenue generation and cost management.

Income Statement

RTG Mining has reported zero revenue for consecutive years, indicating a lack of operational income generation. The company consistently incurs net losses, with a slight improvement in reducing its net income loss from -6.8 million in 2021 to -5.2 million in 2024. However, the persistent negative EBIT and EBITDA margins highlight ongoing operational inefficiencies.

Balance Sheet

The company's financial health appears challenging with a Debt-to-Equity ratio averaging around 0.2 over the past few years. Stockholders' equity has significantly decreased, from approximately 10.5 million in 2021 to 3.9 million in 2024. Total assets have also declined, indicating potential strain on the balance sheet. However, the company maintains a positive equity ratio, showing a degree of solvency.

Cash Flow

RTG Mining's cash flow statement reveals a consistent negative operating cash flow, reflecting challenges in cash generation from its core operations. While financing activities have provided cash inflows historically, the absence of positive free cash flow and the inability to cover net income with operating cash flow raise concerns about sustainability and liquidity.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00	0.00
Gross Profit	0.00	0.00	0.00	0.00	0.00	-49.58K
EBITDA	-3.86M	-4.13M	-3.80M	-4.48M	-3.97M	-4.63M
Net Income	-4.16M	-5.15M	-4.37M	-6.32M	-7.03M	-6.09M
Balance Sheet
Total Assets	14.19M	3.96M	9.18M	5.63M	12.86M	8.78M
Cash, Cash Equivalents and Short-Term Investments	10.94M	736.52K	4.36M	1.95M	10.05M	5.76M
Total Debt	430.20K	445.12K	809.80K	1.39M	1.57M	1.68M
Total Liabilities	2.17M	1.64M	1.88M	2.37M	3.67M	2.31M
Stockholders Equity	13.80M	3.88M	8.80M	4.84M	10.58M	7.62M
Cash Flow
Free Cash Flow	-3.68K	-4.19K	-3.88M	-5.37M	-3.22M	-4.09M
Operating Cash Flow	-3.63K	-4.14K	-3.88M	-5.23M	-3.21M	-4.09M
Investing Cash Flow	-202.00	―	-1.73M	-879.72K	-2.12M	377.43K
Financing Cash Flow	11.86K	-200.00	7.91M	-1.63M	9.95M	4.96M

RTG Mining Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.03
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:RTG, the sentiment is Neutral. The current price of 0.03 is below the 20-day moving average (MA) of 0.03, below the 50-day MA of 0.03, and below the 200-day MA of 0.03, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 49.97 is Neutral, neither overbought nor oversold. The STOCH value of 50.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TSE:RTG.

RTG Mining Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
PX	52 Neutral	C$70.65M	-67.44	―	―	―	47.56%
SLG	49 Neutral	C$82.17M	-127.78	-14.39%	―	―	―
SRL	48 Neutral	C$54.75M	-20.27	-11.93%	―	―	73.94%
CNRI	46 Neutral	C$58.31M	-80.95	-1.60%	―	―	88.42%
RTG	45 Neutral	C$57.35M	-7.14	-42.68%	―	―	33.33%
TK	43 Neutral	C$69.50M	-37.50	-1.53%	―	―	5.26%

RTG Mining Corporate Events

RTG Mining Advances Mabilo Project with ASX Report Filing

RTG Mining Inc. has filed its September 2025 Quarterly Activities Report with the ASX, marking a significant step in its operational progress. The report highlights the company’s focus on the Mabilo Project, for which it has received a mining permit, and its commitment to advancing this project towards production. This development is expected to enhance RTG’s position in the mining industry and potentially benefit its stakeholders by moving closer to becoming a producing gold and copper company.