Rumble Resources (ASX:RTR) - Stock Price, News & Analysis

RTR Stock Overview

Engages in the acquisition, exploration, and evaluation of base and precious metal projects in Australia.

RTR fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	3/6
Past Performance	0/6
Financial Health	6/6
Dividends	0/6

Rewards

Trading at 93.9% below our estimate of its fair value

Earnings are forecast to grow 102.07% per year

Risk Analysis

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

Shareholders have been diluted in the past year

Does not have a meaningful market cap (A$45M)

Rumble Resources Limited Competitors

Investigator Resources

ASX:IVR

AU$68.3m

Red Metal

ASX:RDM

AU$33.0m

Boab Metals

ASX:BML

AU$30.3m

Sunrise Energy Metals

ASX:SRL

AU$32.9m

Price History & Performance

Summary of all time highs, changes and price drops for Rumble Resources
Historical stock prices
Current Share Price	AU$0.06
52 Week High	AU$0.11
52 Week Low	AU$0.032
Beta	1.55
11 Month Change	57.89%
3 Month Change	66.67%
1 Year Change	-42.86%
33 Year Change	-86.52%
5 Year Change	-24.05%
Change since IPO	-70.00%

Recent updates

Is Rumble Resources (ASX:RTR) In A Good Position To Invest In Growth?

May 08

We're Keeping An Eye On Rumble Resources' (ASX:RTR) Cash Burn Rate

Jan 12

Why We Think Shareholders May Be Considering Bumping Up Rumble Resources Limited's (ASX:RTR) CEO Compensation

Jun 11

The Return Trends At Rumble Resources (ASX:RTR) Look Promising

May 10

How Does Rumble Resources' (ASX:RTR) CEO Pay Compare With Company Performance?

Jan 13

Shareholder Returns

	RTR	AU Metals and Mining	AU Market
7D	30.4%	-0.6%	0.6%
1Y	-42.9%	-1.7%	19.9%

Return vs Industry: RTR underperformed the Australian Metals and Mining industry which returned -1.7% over the past year.

Return vs Market: RTR underperformed the Australian Market which returned 19.9% over the past year.

Price Volatility

Is RTR's price volatile compared to industry and market?
RTR volatility
RTR Average Weekly Movement	12.0%
Metals and Mining Industry Average Movement	11.2%
Market Average Movement	8.8%
10% most volatile stocks in AU Market	17.7%
10% least volatile stocks in AU Market	3.6%

Stable Share Price: RTR has not had significant price volatility in the past 3 months compared to the Australian market.

Volatility Over Time: RTR's weekly volatility (12%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2011	n/a	Peter Harold	www.rumbleresources.com.au

Rumble Resources Limited engages in the acquisition, exploration, and evaluation of base and precious metal projects in Australia. The company explores for zinc, lead, copper, silver, nickel, cobalt, lithium, tantalum, niobium, tin, and gold deposits. The company’s flagship project is the Earaheedy project located in Western Australia.

Rumble Resources Limited Fundamentals Summary

How do Rumble Resources's earnings and revenue compare to its market cap?
RTR fundamental statistics
Market cap	AU$45.39m
Earnings (TTM)	-AU$3.75m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-12.1x

P/E Ratio

Is RTR overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
RTR income statement (TTM)
Revenue	AU$0
Cost of Revenue	AU$0
Gross Profit	AU$0
Other Expenses	AU$3.75m
Earnings	-AU$3.75m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.005
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0%

How did RTR perform over the long term?

See historical performance and comparison

RTR Stock Overview

Rewards

Risk Analysis

Rumble Resources Limited Competitors

ASX:IVR

AU$68.3m

ASX:RDM

AU$33.0m

ASX:BML

AU$30.3m

ASX:SRL

AU$32.9m

Price History & Performance

Recent News & Updates

Rumble Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 1 million.

Rumble Resources Limited, Annual General Meeting, Nov 28, 2024

New minor risk - Financial data availability

Forecast to breakeven in 2026

Rumble Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 1.100081 million.

Rumble Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 2.921577 million.

Recent updates

Rumble Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 1 million.

Rumble Resources Limited, Annual General Meeting, Nov 28, 2024

New minor risk - Financial data availability

Forecast to breakeven in 2026

Rumble Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 1.100081 million.

Rumble Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 2.921577 million.

New major risk - Financial position

Rumble Resources Limited (ASX:RTR) completed the acquisition of Four exploration tenements in the Earaheedy Basin from Blaze Minerals Limited (ASX:BLZ).

Rumble Resources Limited Announces Appointment of Trevor Hart as Joint Company Secretary

Rumble Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 8.100002 million.

Rumble Resources Limited Appoints Peter Harold as Chief Executive Officer, Effective 12 February 2024

Rumble Resources Limited, Annual General Meeting, Nov 23, 2023

Rumble Resources Limited Announces Managing Director Changes, Effective 29 September 2023

Price target decreased by 36% to AU$0.27

New minor risk - Shareholder dilution

Independent Non-Executive Director recently bought AU$155k worth of stock

Is Rumble Resources (ASX:RTR) In A Good Position To Invest In Growth?

Rumble Resources Limited Announces Multiple New High-Grade Feeder Targets Defined Within and Along Strike of the Tonka-Navajoh Deposit

Rumble Resources Limited Releases Assay Results for A Further Thirty RC Drill Holes Within the EJV

We're Keeping An Eye On Rumble Resources' (ASX:RTR) Cash Burn Rate

Rumble Resources Limited Announces the Appointment of Trevor Hart as Chief Financial Officer

Rumble Resources Limited Announces Metallurgical Results from the Initial Sighter Program on Chinook and Tonka Prospects At the Earaheedy Project

Rumble Resources Limited Announces Discovery of Newly Recognised Polymetallic High-Grade Copper and Silver Dominant System At Chinook Prospect Located Within the Earaheedy Project, Western Australia

Rumble Resources Limited, Annual General Meeting, Nov 30, 2022

Rumble Resources Limited Announces New 2.2Km High Grade Chikamin Feeder Zone Extends the Chinook Prospect Along the Sweetwater Trend

Independent Non-Executive Director recently bought AU$150k worth of stock

Rumble Resources Limited Announces the Latest Round of RC Drilling Results from the Tonka-Navajoh Prospect at the Earaheedy Project

Rumble Resources Limited Announces Early Success at the Recently Commenced RC Drilling at the Chinook Prospect Along the Sweetwater Trend at the Earaheedy Project

Rumble Resources Limited Provides Update on Ongoing Exploration Activities at the Earaheedy Project in Western Australia

Less than half of directors are independent

Rumble Resources Limited Appoints Geoff Jones as Non-Executive Director

Independent Non-Executive Director recently bought AU$63k worth of stock

Independent Non-Executive Director recently bought AU$83k worth of stock

Rumble Resources Limited Announces Wardawarra Drilling Commenced on Battery Metals Targets

Brett Keillor Steps Down from the Board of Rumble Resources Limited, Effective 14 April, 2022

Rumble Resources Limited Announces Significant New Drilling Results At the Tonka and Navajoh Prospects Located Within the Earaheedy Project

Rumble Resources Limited Provides High-Grade Zn-Pb Results and Strong Grade Continuity

Rumble Resources Limited Announces Drilling Commences on the High-Grade Kalitan Feeder Zone At Earaheedy Project

Rumble Resources Limited Announces Shallow High-Grade Zn-Pb Sulphides Intersected At Earaheedy

Rumble Resources Limited Announces Two Key Tenements Granted At Earaheedy Zn-Pb-Ag-Cu Project

Rumble Resources Limited Announces Major Zinc-Lead-Silver-Copper Feeder Fault Zone Intersected Chinook Zn-Pb-Ag-Mn-Cu Prospect

Rumble Resources Limited Reports Ongoing Scoping Drill Program At the Earaheedy Project

Rumble Resources Limited Announces Earaheedy Zn-Pb-Ag-Mn Project Exploration Update

Rumble Resources Limited Announces Consolidates 100% Ownership of the Braeside Project

Why We Think Shareholders May Be Considering Bumping Up Rumble Resources Limited's (ASX:RTR) CEO Compensation

Rumble Resources Limited Announces Further Results from the Current RC Program and A New Geological Understanding At the Major Zinc-Lead Discovery At the Earaheedy Project

Rumble Resources Ltd.'s Major Drill Program Commenced At Earaheedy Zinc-Lead Discovery

The Return Trends At Rumble Resources (ASX:RTR) Look Promising

Independent Non-Executive Director recently bought AU$53k worth of stock

Rumble Resources Ltd Announces the Results and Interpretation from the Latest Reconnaissance RC Drilling and Mapping Program Completed At the Amaryllis Prospect Located on the Munarra Gully Project

Rumble Resources Limited Present Final Drill Assay Results from the Shallow RC Drill Programme Completed at the Barker Well Prospect Located on the Braeside

Rumble Resources Limited Presents the Results for the Maiden RC Drill Programme Completed At the Camel Hump Prospect Located on the Braeside Project in the Pilbara Region, Western Australia

Rumble Resources Limited Announces High-Grade Gold Shoots At Western Queen South Deposit

How Does Rumble Resources' (ASX:RTR) CEO Pay Compare With Company Performance?

Rumble Resources Limited Provides an Updates on Drilling Activities on Multiple Projects All Located in Western Australia in Tier 1 Jurisdictions

Rumble Resources Limited Provides Update on Drilling Activities at Braeside Project

Rumble Resources Ltd. Announces JV Partner IGO Limited Complete an Aircore Drilling Program Following Up the Themis High-Grade Gold Discovery

Full year earnings released - AU$0.0022 loss per share

Rumble Resources Limited announced that it expects to receive AUD 2 million in funding