Rox Resources (ASX:RXL) - Stock Price, News & Analysis

RXL Stock Overview

Rox Resources Limited operates as a mineral exploration company in Australia.

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

Rewards

Risk Analysis

Shareholders have been substantially diluted in the past year

Has less than 1 year of cash runway

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

Earnings have declined by 19.1% per year over past 5 years

+ 2 more risks

Rox Resources Limited Competitors

Rand Mining

ASX:RND

AU$89.3m

Black Cat Syndicate

ASX:BC8

AU$86.4m

Mindax

ASX:MDX

AU$73.6m

Calidus Resources

ASX:CAI

AU$91.3m

Price History & Performance

Summary of all time highs, changes and price drops for Rox Resources
Historical stock prices
Current Share Price	AU$0.21
52 Week High	AU$0.42
52 Week Low	AU$0.15
Beta	0.80
1 Month Change	30.30%
3 Month Change	43.33%
1 Year Change	-39.44%
3 Year Change	-61.26%
5 Year Change	30.30%
Change since IPO	-91.81%

Recent updates

Rox Resources (ASX:RXL) Is In A Good Position To Deliver On Growth Plans

Jan 20

Is Rox Resources (ASX:RXL) In A Good Position To Deliver On Growth Plans?

Feb 05

Shareholder Returns

	RXL	AU Metals and Mining	AU Market
7D	7.5%	-1.8%	-3.1%
1Y	-39.4%	-7.6%	4.0%

Return vs Industry: RXL underperformed the Australian Metals and Mining industry which returned -7.6% over the past year.

Return vs Market: RXL underperformed the Australian Market which returned 4% over the past year.

Price Volatility

Is RXL's price volatile compared to industry and market?
RXL volatility
RXL Average Weekly Movement	13.6%
Metals and Mining Industry Average Movement	12.4%
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: RXL's share price has been volatile over the past 3 months.

Volatility Over Time: RXL's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

Founded	Employees	CEO	Website
2003	10	Rob Ryan	www.roxresources.com.au

Rox Resources Limited operates as a mineral exploration company in Australia. It primarily explores for gold and nickel deposits. The company’s flagship project is the Youanmi Gold Project located to northeast of Perth.

Rox Resources Limited Fundamentals Summary

How do Rox Resources's earnings and revenue compare to its market cap?
RXL fundamental statistics
Market cap	AU$81.26m
Earnings (TTM)	-AU$11.58m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-6.9x

P/E Ratio

Is RXL overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
RXL income statement (TTM)
Revenue	AU$0
Cost of Revenue	AU$0
Gross Profit	AU$0
Other Expenses	AU$11.58m
Earnings	-AU$11.58m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	-0.031
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0%

How did RXL perform over the long term?

See historical performance and comparison

RXL Stock Overview

Rewards

Risk Analysis

Rox Resources Limited Competitors

ASX:RND

AU$89.3m

ASX:BC8

AU$86.4m

ASX:MDX

AU$73.6m

ASX:CAI

AU$91.3m

Price History & Performance

Recent News & Updates

New minor risk - Share price stability

Independent Non-Executive Chairman recently bought AU$50k worth of stock

Rox Resources Limited, Annual General Meeting, Nov 29, 2023

New major risk - Financial position

New minor risk - Financial data availability

New minor risk - Financial data availability

Recent updates

New minor risk - Share price stability

Independent Non-Executive Chairman recently bought AU$50k worth of stock

Rox Resources Limited, Annual General Meeting, Nov 29, 2023

New major risk - Financial position

New minor risk - Financial data availability

New minor risk - Financial data availability

CEO, MD & Non-Executive Director recently bought AU$98k worth of stock

New major risk - Shareholder dilution

Rox Resources Limited Appoints Mr. Matthew Hogan as Non-Executive Director

Kedalion Nickel Pty Ltd. completed the acquisition of Cannon Resources Limited (ASX:CNR) from a group of sellers and other shareholders.

Rox Resources Limited in Conjunction with Venus Metals Corporation Reports Substantial Reverse Circulation and Diamond Drilling Programs At the Youanmi Gold Project

CEO, MD & Non-Executive Director recently bought AU$53k worth of stock

Price target decreased to AU$0.50

Rox Resources Limited Reports A Significant Increase to the Mineral Resource Estimate for the Mt Fisher Gold Project and the Mt Eureka Project

Kedalion Nickel Pty Ltd. made a bid to acquire Cannon Resources Limited (ASX:CNR) from Rox Resources Limited (ASX:RXL), Ponderosa Investments Pty Ltd and others for AUD0.45 per share.

Rox Resources Limited Announces Executive Changes

Rox Resources Limited Provides Mt Fisher Gold Project Exploration Update

Rox Resources Limited and Venus Metals Corporation Limited Announce Youanmi Gold Project Scoping Study

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

Rox Resources Limited Reports Diamond Drilling Commences at the Mt Fisher Gold Project

Rox Resources Limited reports that further reverse circulation (RC) drilling has commenced at the Mt Fisher Gold Project (Rox 100%)

Rox Resources Limited Appoints Robert Ryan as Non-Executive Director

Rox Resources Limited and Venus Metals Corporation Limited Report Grade Control Drilling Results from the Grace Deposit At Youanmi Gold Project Near Mt Magnet, WA

Rox Resources Limited Updates New Midway Lode At Youanmi Gold Project Extended

Rox Resources Limited Reports High Grade Assay Results from Reverse Circulation Drilling At the Mt Fisher Gold Project and the Mt Eureka Project

Price target decreased to AU$1.10

Rox Resources and Venus Metals Corporation Report High-Grade Results Ahead of Near Surface Resource Update

Rox Resources Limited announced that it expects to receive AUD 4 million in funding from Hawke's Point (RRL) L.P. and other investors

Rox Resources Limited and Venus Metals Corporation Limited to Provide an Update on Drill Results from the Youanmi Gold Project

Rox Resources Limited, in Conjunction with Its Joint Venture Partner Venus Metals Corporation Limited Announces Significant Results from Aircore Drilling on the Youanmi Regional Jv Tenements

Rox Resources Limited Announces Youanmi Resource Increased to 3 Moz Au

Rox Resources (ASX:RXL) Is In A Good Position To Deliver On Growth Plans

Rox Resources Limited Provides Update on Mt Fisher-Mt Eureka Gold Project Exploration

Rox Resources Limited Announces Drilling At Youanmi Returns Significant Intersections

Rox Resources Limited Announces Early Funds to Support Activities at Youanmi Gold Project

Rox Resources Limited in Conjunction with Its Joint Venture Partner Venus Metals Corporation Limited Provides Update on Youanmi Project

Joint Company Secretary Brett Dickson has left the company

Rox Resources Limited Announces Substantial 39% Increase to Youanmi Gold Resource to 1.7 Moz

Rox Resources Limited in Conjunction with Its Joint Venture Partner Venus Metals Corporation Limited Reports Extensional Drilling At Youanmi Continues to Show That the Project Has Significant Upside

Rox Resources Limited announced that it expects to receive AUD 11 million in funding from Hawke's Point (RRL) L.P.

Is Rox Resources (ASX:RXL) In A Good Position To Deliver On Growth Plans?

Rox Resources Limited Announces High Gold Recoveries from Metallurgical Test At Grace

Rox Resources Limited Provides Update on Its Strategy in Relation to Its Substantial Nickel Assets Located in Western Australia

Rox Resources Limited Announces Exploration Update

Independent Non-Executive Chairman exercised options to buy AU$156k worth of stock.

Independent Non-Executive Chairman exercised options to buy AU$159k worth of stock.

Rox Resources Limited Announces Commencement of an Aircore Drilling Program on Its 100% Owned Tenements At the Youanmi Gold Project

Rox Resources Limited Announces Resignation of Mr. Brett Dickson as Director

Rox Resources Limited Announces Youanmi Exploration Update

Rox Resources Limited Announces High Grade Gold Intersected At Sovereign Prospect

Shareholder Returns

Price Volatility

About the Company

Rox Resources Limited Fundamentals Summary

0.0x

-6.9x

Earnings & Revenue