Rua Gold (TSE:RUA)
TSX:RUA
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Rua Gold
(TSX:RUA)
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Rating:55Neutral
Price Target:
C$1.00
▼(-25.37% Downside)
Action:UpgradedDate:12/30/25
Score is held back primarily by weak financial performance (pre-revenue, sharply widening losses, and significant cash burn despite low debt). Technicals are a meaningful positive with price above major moving averages and supportive momentum, while valuation remains difficult due to negative earnings and no dividend support. Corporate actions improve liquidity and execution capability but are secondary to the funding and commercialization risk.
Positive Factors
Low leverage (debt-free balance sheet)
A debt-free capital structure meaningfully reduces financial distress risk and preserves flexibility to fund stepwise exploration or negotiate farm-outs. For an early-stage miner, low leverage sustains optionality for non-dilutive financing and reduces fixed-cost pressure over months.
Negative Factors
Pre-revenue with sharply widening losses
A large, sudden increase in losses materially raises execution and funding risk: without operating revenue, sustained losses force reliance on external capital and accelerate dilution. Over 2–6 months this pressures runway and can delay or downscale exploration programs.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage (debt-free balance sheet)
A debt-free capital structure meaningfully reduces financial distress risk and preserves flexibility to fund stepwise exploration or negotiate farm-outs. For an early-stage miner, low leverage sustains optionality for non-dilutive financing and reduces fixed-cost pressure over months.
Read all positive factors
Rua Gold (RUA) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$152.65M
Dividend YieldN/A
Average Volume (3M)364.14K
Price to Earnings (P/E)―
Beta (1Y)1.16
Revenue GrowthN/A
EPS Growth-97.52%
CountryCA
Employees8
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)-0.05
Shares Outstanding113,077,545
10 Day Avg. Volume753,648
30 Day Avg. Volume364,137
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)13.49
Price to Sales (P/S)0.00
P/FCF Ratio-4.37
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)N/A
Revenue Forecast (FY)N/A
Rua Gold Business Overview & Revenue Model
Company Description
Rua Gold Inc. engages in the exploration and evaluation of mineral properties in New Zealand. It primarily explores for gold deposit. The company holds interests in the Reefton project and the Glamorgan project. The company is headquartered in Van...
Rua Gold Financial Statement Overview
Summary
Income Statement
6
Very Negative
Balance Sheet
28
Negative
Cash Flow
12
Very Negative
| Breakdown | TTM | Mar 2025 | Sep 2023 | Dec 2022 | Sep 2021 | Sep 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -48.27K | -37.01K | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA | -26.82M | -25.52M | -1.98M | -2.38M | -1.08M | -108.46K |
| Net Income | -28.21M | -25.56M | -1.96M | -4.45M | -2.20M | -146.00K |
Balance Sheet | ||||||
| Total Assets | 13.50M | 3.51M | 516.00 | 1.37K | 12.17M | 11.36K |
| Cash, Cash Equivalents and Short-Term Investments | 12.35M | 2.15M | 208.00 | 1.14K | 9.15M | 1.63K |
| Total Debt | 0.00 | 0.00 | 805.00 | 22.07K | 20.99K | 24.88K |
| Total Liabilities | 1.08M | 1.26M | 1.29K | 162.00 | 121.22K | 70.12K |
| Stockholders Equity | 12.42M | 2.25M | -779.00 | 1.21K | 12.04M | -58.76K |
Cash Flow | ||||||
| Free Cash Flow | -10.02M | -6.94M | -1.69K | -2.33K | -1.04M | -20.82K |
| Operating Cash Flow | -10.01M | -6.90M | -1.67K | -2.28K | -1.04M | -20.82K |
| Investing Cash Flow | -3.85M | 318.07K | -49.00 | -43.00 | -4.48M | 0.00 |
| Financing Cash Flow | 17.97M | 7.65M | 805.00 | 2.11K | 12.11M | 0.00 |
Rua Gold Technical Analysis
Neutral
1.34
Price Trends
1.40
Positive
1.29
Positive
1.03
Positive
Market Momentum
<0.01
Negative
49.22
Neutral
70.99
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:RUA, the sentiment is Neutral. The current price of 1.34 is below the 20-day moving average (MA) of 1.43, below the 50-day MA of 1.40, and above the 200-day MA of 1.03, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 49.22 is Neutral, neither overbought nor oversold. The STOCH value of 70.99 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TSE:RUA.
Rua Gold Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
61 Neutral | C$67.01M | 20.29 | 7.08% | ― | 26.16% | -8.73% | |
55 Neutral | C$152.65M | -5.90 | -331.25% | ― | ― | -97.52% | |
46 Neutral | C$89.06M | -9.42 | -74.18% | ― | ― | 42.92% | |
46 Neutral | C$300.39M | -68.82 | -16.56% | ― | ― | ― | |
40 Underperform | C$83.96M | -1,508.00 | -50.65% | ― | ― | 62.70% |
* Basic Materials Sector Average
TSE:RUA
Rua Gold
1.35
0.75
125.00%
TSE:LEO
Lion Copper and Gold
0.33
0.21
175.00%
TSE:ESK
Eskay Mining
0.45
0.23
104.55%
TSE:SAM
Starcore International Mine
0.73
0.53
270.56%
TSE:NKG
Nevada King Gold Corp
0.21
-0.07
-25.00%
TSE:SLG
San Lorenzo Gold Corp
3.46
3.21
1284.00%
Rua Gold Corporate Events
Business Operations and StrategyPrivate Placements and Financing
Rua Gold Secures C$33 Million to Accelerate New Zealand Projects
Positive
Jan 28, 2026
The company raised approximately C$33 million through upsized LIFE and concurrent private placements at C$1.10 per share, boosting institutional ownership above 40% and securing capital to speed drilling at Glamorgan and development work at Reefto...
Business Operations and StrategyPrivate Placements and Financing
Rua Gold Upsizes Private Placement to $8 Million for New Zealand Gold Exploration
Positive
Jan 23, 2026
Rua Gold Inc. has upsized its previously announced non-brokered private placement of common shares to raise up to $8.0 million, increasing the offering from $5.0 million in response to strong investor demand. The proceeds will fund exploration and...
Business Operations and StrategyPrivate Placements and Financing
Rua Gold Launches Up to $25 Million Equity Financing for New Zealand Projects
Positive
Jan 22, 2026
Rua Gold Inc. has launched a combined brokered and non-brokered equity financing of up to $25 million to fund ongoing exploration and development at its Reefton and Glamorgan gold projects in New Zealand, as well as for working capital and general...
Business Operations and Strategy
Rua Gold Accelerates Drilling and Fast-Track Permitting at Auld Creek Gold-Antimony Project
Positive
Jan 19, 2026
Rua Gold has reported strong assay results and significant strike extensions at its Auld Creek gold-antimony project in the Reefton Goldfield, confirming mineralization over at least 870 metres that remains open along strike and at depth. The comp...
Business Operations and StrategyExecutive/Board Changes
Rua Gold Grants Deferred Share Units to Non-Executive Directors
Positive
Jan 3, 2026
Rua Gold Inc. has granted 76,403 deferred share units to its non-executive directors at a deemed price of $1.29 per unit under its existing DSU plan, with the awards subject to a one-year vesting period and payable in common shares when directors ...
Business Operations and Strategy
Rua Gold Enhances Market Presence with ICP Securities Partnership
Positive
Nov 3, 2025
Rua Gold Inc. has engaged ICP Securities Inc. to provide automated market making services to enhance liquidity and correct temporary imbalances in the supply and demand of its shares. This strategic move aims to bolster the company’s market ...
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.