Resource Base (ASX:RBX) - Stock Price, News & Analysis

RBX Stock Overview

Resource Base Limited engages in the acquisition, development, and exploration of mineral properties in Australia and Canada.

About the company

RBX fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	0/6
Financial Health	4/6
Dividends	0/6

Rewards

Risk Analysis

Has less than 1 year of cash runway

Earnings have declined by 46.2% per year over past 5 years

Shares are highly illiquid

Does not have a meaningful market cap (A$3M)

+ 2 more risks

Resource Base Limited Competitors

PVW Resources

ASX:PVW

AU$2.6m

Koonenberry Gold

ASX:KNB

AU$4.9m

Alchemy Resources

ASX:ALY

AU$9.4m

Dart Mining

ASX:DTM

AU$7.2m

Price History & Performance

Summary of all time highs, changes and price drops for Resource Base
Historical stock prices
Current Share Price	AU$0.035
52 Week High	AU$0.26
52 Week Low	AU$0.035
Beta	-0.38
1 Month Change	-18.60%
3 Month Change	-37.50%
1 Year Change	-72.00%
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	-79.41%

Recent updates

Shareholder Returns

	RBX	AU Metals and Mining	AU Market
7D	-7.9%	-0.4%	0.7%
1Y	-72.0%	-3.1%	6.3%

Return vs Industry: RBX underperformed the Australian Metals and Mining industry which returned -3.1% over the past year.

Return vs Market: RBX underperformed the Australian Market which returned 6.3% over the past year.

Price Volatility

Is RBX's price volatile compared to industry and market?
RBX volatility
RBX Average Weekly Movement	n/a
Metals and Mining Industry Average Movement	12.5%
Market Average Movement	8.9%
10% most volatile stocks in AU Market	17.4%
10% least volatile stocks in AU Market	3.5%

Stable Share Price: RBX's share price has been volatile over the past 3 months.

Volatility Over Time: Insufficient data to determine RBX's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2005	n/a	n/a	www.resourcebase.com.au

Resource Base Limited engages in the acquisition, development, and exploration of mineral properties in Australia and Canada. It explores for lead, zinc, silver, copper, and gold deposits. The company was incorporated in 2005 and is based in Perth, Australia.

Resource Base Limited Fundamentals Summary

How do Resource Base's earnings and revenue compare to its market cap?
RBX fundamental statistics
Market cap	AU$2.89m
Earnings (TTM)	-AU$3.58m
Revenue (TTM)	AU$13.97k

207.1x

P/S Ratio

-0.8x

P/E Ratio

Is RBX overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
RBX income statement (TTM)
Revenue	AU$13.97k
Cost of Revenue	AU$0
Gross Profit	AU$13.97k
Other Expenses	AU$3.59m
Earnings	-AU$3.58m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	-0.043
Gross Margin	100.00%
Net Profit Margin	-25,600.60%
Debt/Equity Ratio	0%

How did RBX perform over the long term?

See historical performance and comparison

RBX Stock Overview

Rewards

Risk Analysis

Resource Base Limited Competitors

ASX:PVW

AU$2.6m

ASX:KNB

AU$4.9m

ASX:ALY

AU$9.4m

ASX:DTM

AU$7.2m

Price History & Performance

Recent News & Updates

Less than half of directors are independent

Resource Base Limited, Annual General Meeting, Nov 23, 2023

Resource Base Limited has completed a Follow-on Equity Offering in the amount of AUD 1.32 million.

Resource Base Limited Announces A Major Milestone Through Delivery of A Maiden Mineral Resource Estimate At El007647, Part of the Company's Mitre Hill Ree Project

Resource Base Ltd Announces Results from Drilling on El007647 During Early October from the Bureau Veritas Assay Laboratory in Adelaide

Resource Base Limited has completed a Follow-on Equity Offering in the amount of AUD 0.7045 million.

Recent updates

Less than half of directors are independent

Resource Base Limited, Annual General Meeting, Nov 23, 2023

Resource Base Limited has completed a Follow-on Equity Offering in the amount of AUD 1.32 million.

Resource Base Limited Announces A Major Milestone Through Delivery of A Maiden Mineral Resource Estimate At El007647, Part of the Company's Mitre Hill Ree Project

Resource Base Ltd Announces Results from Drilling on El007647 During Early October from the Bureau Veritas Assay Laboratory in Adelaide

Resource Base Limited has completed a Follow-on Equity Offering in the amount of AUD 0.7045 million.

Resource Base Limited Announces the Appointment of Mr. Daniel Smith as Company Secretary Effective 25 January 2023

Less than half of directors are independent

Resource Base Limited Announces Results from Drilling on EL007647 During Early-Mid September Have Been Received from the Bureau Veritas Assay Laboratory in Adelaide

Resource Base Ltd Announces the Resignation of Ailsa Osborne as CFO, Effective 25 January 2023

Resource Base Limited Announces Multiple Shallow High Grade Ree Hits from Tenement

Resource Base Limited Announces High Priority Tenement El007647 Results

Resource Base Limited, Annual General Meeting, Nov 11, 2022

High number of new and inexperienced directors

Resource Base Limited Auditor Raises 'Going Concern' Doubt

Resource Base Limited Announces Executive Changes

Resource Base Limited Announces Following Update on Exploration Activities At Its 100% Owned Mitre Hill Project

Resource Base Limited Provides Update on Its Initial Step Out Drilling Program

Resource Base Limited Announces Sulphide Mineralisation Intersected At Callisto Prospect

Resource Base Limited Further Expands Footprint at Mitre Hill Ree Project

Resource Base Limited Announces Three Tenements Granted at Mitre Hill REE Project

Resource Base Limited Announces Step Out Drilling Starts Following Significant REE Discovery

Resource Base Limited Announces Results from Its Initial Shallow Air Core Drilling Programme At Its 100% Owned Mitre Hill Rare Earths Project

High number of new and inexperienced directors

Resource Base Limited Announces Air-Core Drilling Commences at Black Range VHMS Project

Resource Base Limited Drilling At Prospective REE Project Mitre Hill

Resource Base Limited Plans to Commence its 100% Owned Mitre Hill Rare Earths Project

Resource Base Limited Announces Air-Core Drilling Commenced on High Priority Targets at it's Black Range Project Situated Within the Well-Known and Highly Prospective Stavely Volcanics Corridor 50Km South from Horsham in Western Victoria

Resource Base Limited Announces Resignation of John Lewis as Non-Executive Director

Resource Base Limited Commences Ground Exploration Works At Its Mitre Hill Rare Earths Project

Resource Base Limited Provides an Update on Progress of Its Initial Air-Core Drilling Program At Its Black Range Project

Resource Base Limited Begins Drilling at Black Range VHMS Project

Full year 2021 earnings released: AU$0.20 loss per share (vs AU$0.091 loss in FY 2020)

Resource Base Limited (ASX:RBX) agreed to acquire Mitre Hill Pty Ltd from Blackbird Capital Pty Ltd, Harbour View Capital Pty Ltd and Brent Palmer.

Coeur Mining, Inc. Provides Exploration Update

Resource Base Limited Announces the Commencement of Exploration Program to At Black Range Project

Shareholder Returns

Price Volatility

About the Company

Resource Base Limited Fundamentals Summary

207.1x

-0.8x

Earnings & Revenue