Rugby Mining (RUG) AI Stock Analysis

• Market Cap: C$10.43M
• Dividend Yield: N/A
• Average Volume (3M): 268.46K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.85
• Revenue Growth: N/A
• EPS Growth: 41.76%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 65
• Industry: Industrial Materials
• EPS (TTM): >-0.01
• Shares Outstanding: 417,057,370
• 10 Day Avg. Volume: 161,820
• 30 Day Avg. Volume: 268,464
• PEG Ratio: -0.31
• Price to Book (P/B): -36.52
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -3.79
• 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

• Rating: 46 Neutral
• Price Target: ―

Rugby Mining faces significant financial challenges, with no revenue and ongoing losses, impacting its financial performance score negatively. However, recent corporate events point to potential strategic growth opportunities, highlighted by funding and acquisition plans that could improve its market position. The technical analysis shows mixed signals with short-term bullish momentum but long-term bearish trends, while the valuation indicates potential overvaluation due to lack of profitability. Overall, the stock holds a higher risk with some speculative growth potential.

Rugby Mining Business Overview & Revenue Model

Company Description

Rugby Resources Ltd., an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in Colombia, Argentina, Chile, Australia, and the Philippines. It primarily explores for gold, silver, and copper deposits. The company holds an interest in the Motherlode gold-copper project that covers an area of 878 hectares located to the south of Surigao City in Surigao del Norte province, the Philippines; 100% interest the Colombia gold project covering an area of approximately 287 square kilometers; 100% interest in the Cobrasco copper project that covers approximately 3,000 hectares located in the Choco Region of Colombia; and Georgetown project comprising three exploration permits totaling 849 square kilometers located in North Queensland, Australia. It also holds an option to earn up to 100% interest in the El Zanjon gold and silver project covering approximately 600 square kilometers located in Santa Cruz Province, Argentina, as well as has an option agreement to acquire the Tantalus gold silver project situated in the Bucaramanga gold belt, Colombia; and Salvadora Silver-Copper-Gold Project comprising 35 individual exploration and mining concessions covering an aggregate area of 6,924 hectares. The company was formerly known as Rugby Mining Limited and changed its name to Rugby Resources Ltd. in August 2022. Rugby Resources Ltd. was incorporated in 2007 and is headquartered in Vancouver, Canada.

How the Company Makes Money

Rugby Mining Limited generates revenue primarily through the exploration and potential development of mineral properties. The company seeks to identify economically viable mineral deposits that can be developed into profitable mining operations. Revenue can be generated through the sale of mining rights, joint ventures with larger mining companies, or the eventual production and sale of extracted minerals such as gold, silver, and copper. Additionally, Rugby Mining may receive funding through partnerships and joint ventures that provide financial and technical resources necessary for exploration and development activities.

Rugby Mining Financial Statement Overview

Summary

Rugby Mining is in a precarious financial position with no revenue generation, ongoing losses, negative equity, and sustained negative cash flows. The absence of debt is a minor positive, but the company faces significant challenges in achieving financial stability and profitability.

Income Statement

Rugby Mining has consistently reported zero revenue across all periods, indicating no operational income generation. The net profit margin is negative, reflecting ongoing losses, which is concerning. There are no growth trends in revenue as it remains at zero, and the company continues to incur significant EBIT and EBITDA losses. This presents a high-risk financial position with no clear path to profitability.

Balance Sheet

The company's balance sheet shows negative stockholders' equity in the most recent TTM period, indicating liabilities exceed assets, which is a red flag for financial health. Historically, Rugby Mining's equity has fluctuated, and recent figures suggest a deteriorating trend. The absence of debt is a positive aspect, reducing financial risk, but the negative equity ratio and high liabilities relative to assets present substantial stability concerns.

Cash Flow

Rugby Mining's cash flow is negative, with operating cash flow consistently in deficit. The free cash flow growth rate is negative, showing deteriorating cash generation from operations. The operating cash flow to net income ratio is less than one, indicating inefficiency in converting net income into cash. While financing activities have provided some cash inflow, it is not enough to offset the negative operating cash flow, highlighting liquidity and sustainability challenges.

Breakdown
TTM	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00	0.00
	Gross Profit
0.00	0.00	-17.78K	-27.35K	-9.21K	0.00
	EBIT
-2.47M	-3.40M	-6.05M	-2.69M	-1.09M	-2.26M
	EBITDA
-3.00M	3.54M	-12.97M	-2.66M	-1.08M	-2.26M
	Net Income Common Stockholders
-3.02M	-3.46M	-13.00M	-2.71M	-1.09M	-2.26M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
246.22K	1.04M	246.22K	2.12M	306.92K	443.90K
	Total Assets
444.21K	1.26M	444.21K	9.66M	447.63K	566.04K
	Total Debt
40.00K	0.00	40.00K	125.07K	88.45K	0.00
	Net Debt
-206.22K	-1.04M	-206.22K	-2.00M	-218.47K	-443.90K
	Total Liabilities
453.66K	233.64K	453.66K	559.87K	153.58K	62.96K
	Stockholders Equity
-9.46K	1.02M	-9.46K	9.10M	294.05K	503.08K
Cash Flow		Free Cash Flow
-2.75M	-3.26M	-5.47M	-2.32M	-831.66K	-2.22M
	Operating Cash Flow
-2.75M	-3.26M	-5.47M	-2.15M	-831.66K	-2.22M
	Investing Cash Flow
0.00	0.00	0.00	-167.06K	0.00	0.00
	Financing Cash Flow
3.43M	4.08M	3.55M	4.14M	696.63K	2.13M

Rugby Mining Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.02
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:RUG, the sentiment is Negative. The current price of 0.02 is below the 20-day moving average (MA) of 0.02, below the 50-day MA of 0.02, and below the 200-day MA of 0.03, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 47.00 is Neutral, neither overbought nor oversold. The STOCH value of -100.00 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:RUG.

Rugby Mining Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
EMX	62 Neutral	$350.98M	722.22	0.17%	―	11.11%	―
MUX	55 Neutral	$505.32M	3.61	-6.15%	―	-2.18%	-137.21%
SKE	52 Neutral	C$2.24B	―	-137.38%	―	―	-19.29%
Sector *	51 Neutral	$2.04B	-1.15	-21.37%	3.64%	2.88%	-30.57%
RIO	50 Neutral	C$518.49M	―	-0.28%	―	―	83.41%
FOM	46 Neutral	C$1.37B	―	-2.81%	―	―	8.92%
RUG	46 Neutral	C$10.43M	―	-1355.41%	―	―	41.76%

Rugby Mining Corporate Events

Pampa Metals and Rugby Resources Secure Funding and Advance Acquisition Plans

Pampa Metals Corp. and Rugby Resources Ltd. have successfully closed their respective private placements, raising significant capital for future operations. Pampa Metals raised $3,000,000 through the issuance of 18,750,000 units, while Rugby Resources raised $2,500,000 by issuing 100,000,000 units. The funds will be used for various purposes, including settling debts, covering transaction costs, and advancing exploration projects. Additionally, Pampa Metals is progressing with its plan to acquire Rugby Resources, which is expected to consolidate their positions in the mining industry and potentially enhance shareholder value.

Rugby Resources Ltd. Announces $2.5M Private Placement and Acquisition Agreement

Rugby Resources Ltd. announced a non-brokered private placement offering to raise up to $2,500,000 by issuing 100,000,000 units at $0.025 per unit. The proceeds will be used for working capital, exploration property advancement, and settling liabilities. The offering is subject to regulatory approvals and includes a potential finder’s fee. Additionally, Rugby has entered into a Binding Letter Agreement with Pampa Metals Corp. for a proposed acquisition.

Pampa Metals to Acquire Rugby Resources, Enhancing South American Copper Exploration

Pampa Metals Corp. and Rugby Resources Ltd. have announced a binding agreement for Pampa Metals to acquire Rugby Resources, aiming to create a leading copper explorer in South America. This strategic move focuses on advancing Pampa Metals’ Piuquenes copper-gold porphyry project in Argentina and recommencing drilling at Rugby’s Cobrasco copper-moly porphyry discovery in Colombia, both of which have shown significant mineralization potential.

Rugby Resources Advances El Zanjon Gold-Silver Project in Argentina

Rugby Resources Ltd. has completed a detailed ground magnetics survey on its El Zanjon property in Argentina, marking a significant step towards drilling for gold and silver. With the approval of 28 exploration drill holes, the company is poised to explore a potentially large-scale multi-vein epithermal system in a highly prospective mineral province. The project is strategically located near prominent mining operations and represents an unexplored opportunity due to sedimentary cover. This advancement highlights Rugby’s commitment to leveraging geophysical and geochemical methods to identify promising drill targets, positioning the company for potential growth in the mineral-rich region.