RTG Mining (RTG) AI Stock Analysis

• Market Cap: C$86.03M
• Dividend Yield: N/A
• Average Volume (3M): 61.91K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.55
• Revenue Growth: N/A
• EPS Growth: -5.00%
• Country: CA
• Employees: 5
• Sector: Basic Materials
• Sector Strength: 68
• Industry: Industrial Materials
• EPS (TTM): >-0.01
• Shares Outstanding: 1,911,705,400
• 10 Day Avg. Volume: 94,291
• 30 Day Avg. Volume: 61,913
• PEG Ratio: 0.22
• Price to Book (P/B): 7.66
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -6.91
• Enterprise Value/Market Cap: 0.33
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: -1.67
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 46 Neutral
• Price Target: ―

RTG Mining's overall score is weighed down by its financial struggles, including zero revenue generation and negative cash flows, posing significant risks. However, recent corporate events such as the substantial capital raises and strategic partnership with Glencore offer a more hopeful outlook. Technical analysis suggests some positive short-term momentum, but the stock's valuation remains a concern due to lack of profitability.

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
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00
	Gross Profit
0.00	0.00	0.00	0.00	-49.58K
	EBIT
-4.16M	-3.83M	-4.59M	-4.04M	-4.57M
	EBITDA
-4.13M	-3.80M	-4.48M	-3.97M	-4.57M
	Net Income Common Stockholders
-5.15M	-4.37M	-6.13M	-6.81M	-6.09M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
736.52K	4.36M	1.95M	10.05M	5.76M
	Total Assets
3.96M	9.18M	5.63M	12.86M	8.78M
	Total Debt
445.12K	809.80K	1.39M	1.57M	1.68M
	Net Debt
-291.41K	-3.56M	-554.43K	-8.47M	-4.08M
	Total Liabilities
1.64M	1.88M	2.37M	3.67M	2.31M
	Stockholders Equity
3.88M	8.80M	4.84M	10.58M	7.62M
Cash Flow		Free Cash Flow
―	-3.88M	-5.37M	-3.22M	-4.09M
	Operating Cash Flow
―	-3.88M	-5.23M	-3.21M	-4.09M
	Investing Cash Flow
―	-1.73M	-879.72K	-2.12M	377.43K
	Financing Cash Flow
―	7.91M	-1.63M	9.95M	4.96M

RTG Mining Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.04
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• 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 Positive. The current price of 0.04 is above the 20-day moving average (MA) of 0.04, above the 50-day MA of 0.03, and above the 200-day MA of 0.03, indicating a bullish trend. The MACD of <0.01 indicates Positive momentum. The RSI at 54.43 is Neutral, neither overbought nor oversold. The STOCH value of 77.78 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:RTG.

RTG Mining Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
K	77 Outperform	$24.88B	14.78	18.12%	0.81%	30.84%	188.80%
NGD	77 Outperform	$5.17B	28.28	14.62%	―	23.61%	―
EDV	76 Outperform	C$10.01B	―	-3.12%	3.98%	59.60%	-74.74%
Sector *	51 Neutral	$2.04B	-1.15	-21.24%	3.95%	2.91%	-30.44%
RTG	46 Neutral	C$86.03M	―	-82.08%	―	―	-5.00%

RTG Mining Corporate Events

RTG Mining Raises A$4.2 Million to Advance Mabilo Project

RTG Mining Inc. has successfully raised approximately A$4.2 million through the issuance of 169,297,750 Chess Depository Instruments to institutional and sophisticated investors. This placement, managed by Foster Stockbroking Pty Ltd, is part of RTG’s strategy to strengthen its financial position as it progresses the Mabilo Project and explores new business opportunities. Shareholder approval for further securities issuance will be sought in May 2025, and the placement is subject to regulatory approvals.

Spark’s Take on TSE:RTG Stock

According to Spark, TipRanks’ AI Analyst, TSE:RTG is a Underperform.

RTG Mining’s financial challenges are significant, with ongoing losses and cash flow issues. However, recent capital raising and strategic partnerships offer a hopeful outlook for future project development and potential revenue generation. The stock shows some short-term positive momentum, but valuation remains a concern due to the lack of profitability.

To see Spark’s full report on TSE:RTG stock, click here.

RTG Mining Raises A$19.5M to Propel Mabilo Project

RTG Mining Inc. has successfully raised approximately A$19.5 million through a two-tranche institutional placement, receiving strong backing from both existing and new investors. This capital infusion, along with a secured financing facility from Glencore International AG, will bolster RTG’s balance sheet, enabling the advancement of the Mabilo Project towards start-up and further exploration activities. The funds will also support RTG’s broader business development initiatives, positioning the company to unlock early cash flows and expand its resource base.

RTG Mining Secures Financing for Mabilo Copper-Gold Project with Glencore Partnership

RTG Mining has announced a strategic partnership between its subsidiary, Mt. Labo Exploration and Development Corporation, and Glencore International AG, a major player in the natural resources sector, to finance the development of the high-grade Mabilo Copper-Gold Project. This agreement includes a binding term sheet for a financing facility of up to US$30 million, structured in three tranches, to support the project’s Stage 1 development and working capital needs. The partnership secures funding for the entire estimated development budget, with additional provisions for cost overruns. The project will focus on mining high-grade copper and gold, including approximately 100,000 tons of supergene chalcocite material.