Resource Base ASX:RBX Stock Report

Last Price

AU$0.036

Market Cap

AU$3.0m

7D

0%

1Y

-52.0%

Updated

28 Dec, 2024

Data

Company Financials

Resource Base Limited

ASX:RBX Stock Report

Market Cap: AU$3.0m

RBX Stock Overview

Engages in the acquisition, development, and exploration of mineral properties in Australia and Canada. More details

RBX fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	0/6
Past Performance	0/6
Financial Health	6/6
Dividends	0/6

Risk Analysis

Makes less than USD$1m in revenue (A$0)

Earnings have declined by 42.4% per year over past 5 years

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

Shares are highly illiquid

My Notes

Capture your thoughts, links and company narrative

Resource Base Limited Competitors

Dart Mining

ASX:DTM

AU$6.0m

Koonenberry Gold

ASX:KNB

AU$3.7m

E79 Gold Mines

ASX:E79

AU$1.9m

Alchemy Resources

ASX:ALY

AU$8.2m

Price History & Performance

Summary of share price highs, lows and changes for Resource Base
Historical stock prices
Current Share Price	AU$0.036
52 Week High	AU$0.075
52 Week Low	AU$0.03
Beta	-0.39
1 Month Change	-14.29%
3 Month Change	n/a
1 Year Change	-52.00%
3 Year Change	-80.00%
5 Year Change	n/a
Change since IPO	-78.82%

Recent News & Updates

Recent updates

Shareholder Returns

	RBX	AU Metals and Mining	AU Market
7D	0%	1.2%	2.4%
1Y	-52.0%	-19.8%	7.7%

Return vs Industry: RBX underperformed the Australian Metals and Mining industry which returned -19.8% over the past year.

Return vs Market: RBX underperformed the Australian Market which returned 7.7% 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	10.6%
Market Average Movement	8.0%
10% most volatile stocks in AU Market	16.8%
10% least volatile stocks in AU Market	3.0%

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

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. The company explores for copper, gold, and zinc deposits. Resource Base Limited holds interest in the James Bay Lithium project located in Quebec, Canada.

Resource Base Limited Fundamentals Summary

How do Resource Base's earnings and revenue compare to its market cap?
RBX fundamental statistics
Market cap	AU$2.98m
Earnings (TTM)	-AU$2.81m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-1.1x

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$0
Cost of Revenue	AU$0
Gross Profit	AU$0
Other Expenses	AU$2.81m
Earnings	-AU$2.81m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.034
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0%

How did RBX perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/28 00:44
End of Day Share Price	2024/12/18 00:00
Earnings	2024/06/30
Annual Earnings	2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Resource Base Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution

RBX Stock Overview

Risk Analysis

Resource Base Limited Competitors

ASX:DTM

AU$6.0m

ASX:KNB

AU$3.7m

ASX:E79

AU$1.9m

ASX:ALY

AU$8.2m

Price History & Performance

Recent News & Updates

Resource Base Limited has completed a Follow-on Equity Offering in the amount of AUD 0.975 million.

Resource Base Limited has filed a Follow-on Equity Offering in the amount of AUD 0.975 million.

Resource Base Limited has filed a Follow-on Equity Offering in the amount of AUD 0.975 million.

New minor risk - Financial data availability

Resource Base Limited, Annual General Meeting, Nov 21, 2024

Less than half of directors are independent

Recent updates

Resource Base Limited has completed a Follow-on Equity Offering in the amount of AUD 0.975 million.

Resource Base Limited has filed a Follow-on Equity Offering in the amount of AUD 0.975 million.

Resource Base Limited has filed a Follow-on Equity Offering in the amount of AUD 0.975 million.

New minor risk - Financial data availability

Resource Base Limited, Annual General Meeting, Nov 21, 2024

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

0.0x

-1.1x

Earnings & Revenue

Company Analysis and Financial Data Status

Data Sources

Analysis Model and Snowflake

Industry and Sector Metrics

Analyst Sources