Robex Resources (TSXV:RBX) - Stock Price, News & Analysis

RBX Stock Overview

Engages in the exploration, development, and production of gold in West Africa. More details

RBX fundamental analysis
Snowflake Score
Valuation	5/6
Future Growth	3/6
Past Performance	0/6
Financial Health	4/6
Dividends	0/6

Rewards

Trading at 98.2% below our estimate of its fair value

Revenue is forecast to grow 40.92% per year

Trading at good value compared to peers and industry

Risk Analysis

Earnings have declined by 29.1% per year over past 5 years

Shareholders have been substantially diluted in the past year

Robex Resources Inc. Competitors

Mandalay Resources

TSX:MND

CA$311.1m

Jaguar Mining

TSX:JAG

CA$289.5m

Elemental Altus Royalties

TSXV:ELE

CA$280.2m

Dynacor Group

TSX:DNG

CA$204.7m

Price History & Performance

Summary of all time highs, changes and price drops for Robex Resources
Historical stock prices
Current Share Price	CA$2.55
52 Week High	CA$3.00
52 Week Low	CA$1.15
Beta	0.0069
11 Month Change	-5.90%
3 Month Change	-7.61%
1 Year Change	6.25%
33 Year Change	-35.44%
5 Year Change	131.82%
Change since IPO	-70.86%

Robex Resources (CVE:RBX) Is Making Moderate Use Of Debt

Jun 14

Recent updates

Robex Resources (CVE:RBX) Is Making Moderate Use Of Debt

Jun 14

Robex Resources Inc. (CVE:RBX) Stock Catapults 55% Though Its Price And Business Still Lag The Market

Apr 25

There Are Reasons To Feel Uneasy About Robex Resources' (CVE:RBX) Returns On Capital

Jun 07

These 4 Measures Indicate That Robex Resources (CVE:RBX) Is Using Debt Reasonably Well

Mar 28

Here's Why Robex Resources (CVE:RBX) Can Manage Its Debt Responsibly

Nov 23

Returns on Capital Paint A Bright Future For Robex Resources (CVE:RBX)

Sep 08

Robex Resources (CVE:RBX) Seems To Use Debt Quite Sensibly

Aug 07

Under The Bonnet, Robex Resources' (CVE:RBX) Returns Look Impressive

May 14

These 4 Measures Indicate That Robex Resources (CVE:RBX) Is Using Debt Reasonably Well

Jan 27

Robex Resources' (CVE:RBX) Solid Profits Have Weak Fundamentals

Jun 04

Here's Why I Think Robex Resources (CVE:RBX) Might Deserve Your Attention Today

May 24

Robex Resources (CVE:RBX) Has A Rock Solid Balance Sheet

May 10

Have Robex Resources Inc. (CVE:RBX) Insiders Been Selling Their Stock?

Mar 13

Did Robex Resources Inc. (CVE:RBX) Insiders Sell Shares?

Feb 22

Robex Resources (CVE:RBX) Could Easily Take On More Debt

Jan 25

Declining Stock and Solid Fundamentals: Is The Market Wrong About Robex Resources Inc. (CVE:RBX)?

Dec 29

Is Robex Resources Inc. (CVE:RBX) Popular Amongst Insiders?

Dec 02

Shareholder Returns

	RBX	CA Metals and Mining	CA Market
7D	-0.4%	-7.1%	-0.6%
1Y	6.3%	25.2%	20.4%

Return vs Industry: RBX underperformed the Canadian Metals and Mining industry which returned 25.5% over the past year.

Return vs Market: RBX underperformed the Canadian Market which returned 21.9% over the past year.

Price Volatility

Is RBX's price volatile compared to industry and market?
RBX volatility
RBX Average Weekly Movement	5.3%
Metals and Mining Industry Average Movement	10.6%
Market Average Movement	8.3%
10% most volatile stocks in CA Market	17.5%
10% least volatile stocks in CA Market	2.9%

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

Volatility Over Time: RBX's weekly volatility has decreased from 13% to 5% over the past year.

About the Company

Founded	Employees	CEO	Website
1985	502	Matt Wilcox	www.robexgold.com

Robex Resources Inc. engages in the exploration, development, and production of gold in West Africa. The company’s flagship asset include the Kinerio project comprising 470 square kilometre package of mining licences in the prolific Siguiri Basin, Guinea; and Nampala mining permit located in Republic of Mali. It also holds five exploration permits, including Mininko, Kamasso, Gladié, Sanoula, and Diangouté in Mali.

Robex Resources Inc. Fundamentals Summary

How do Robex Resources's earnings and revenue compare to its market cap?
RBX fundamental statistics
Market cap	CA$378.63m
Earnings (TTM)	-CA$48.38m
Revenue (TTM)	CA$150.84m

2.6x

P/S Ratio

-8.0x

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	CA$150.84m
Cost of Revenue	CA$44.56m
Gross Profit	CA$106.28m
Other Expenses	CA$154.66m
Earnings	-CA$48.38m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.32
Gross Margin	70.46%
Net Profit Margin	-32.08%
Debt/Equity Ratio	14.2%

How did RBX perform over the long term?

See historical performance and comparison

RBX Stock Overview

Rewards

Risk Analysis

Robex Resources Inc. Competitors

TSX:MND

CA$311.1m

TSX:JAG

CA$289.5m

TSXV:ELE

CA$280.2m

TSX:DNG

CA$204.7m

Price History & Performance

Recent News & Updates

Robex Resources Inc. Provides Project Development Update for Kiniero Gold Project in Guinea

Second quarter 2024 earnings released: CA$0.018 loss per share (vs CA$0.051 profit in 2Q 2023)

Robex Resources Inc. has completed a Composite Units Offering in the amount of CAD 109.999904 million.

Robex Resources Inc. announced that it expects to receive CAD 55 million in funding

Robex Resources (CVE:RBX) Is Making Moderate Use Of Debt

First quarter 2024 earnings released: CA$0.32 loss per share (vs CA$0.076 profit in 1Q 2023)

Recent updates

Robex Resources Inc. Provides Project Development Update for Kiniero Gold Project in Guinea

Second quarter 2024 earnings released: CA$0.018 loss per share (vs CA$0.051 profit in 2Q 2023)

Robex Resources Inc. has completed a Composite Units Offering in the amount of CAD 109.999904 million.

Robex Resources Inc. announced that it expects to receive CAD 55 million in funding

Robex Resources (CVE:RBX) Is Making Moderate Use Of Debt

First quarter 2024 earnings released: CA$0.32 loss per share (vs CA$0.076 profit in 1Q 2023)

New minor risk - Shareholder dilution

Robex Resources Inc. Announces Maiden 303Koz Indicated Mineral Resources At the Mansounia Deposit

Full year 2023 earnings released: CA$0.074 loss per share (vs CA$0.48 profit in FY 2022)

Robex Resources Inc., Annual General Meeting, Jun 26, 2024

Robex Resources Inc. (CVE:RBX) Stock Catapults 55% Though Its Price And Business Still Lag The Market

Investor sentiment improves as stock rises 16%

Now 20% undervalued after recent price drop

New minor risk - Market cap size

Robex Resources (CVE:RBX) Has A Somewhat Strained Balance Sheet

Now 22% overvalued

Now 26% overvalued after recent price rise

Investors Could Be Concerned With Robex Resources' (CVE:RBX) Returns On Capital

Third quarter 2023 earnings released: EPS: CA$0.007 (vs CA$0.012 in 3Q 2022)

Is Robex Resources (CVE:RBX) Using Too Much Debt?

Robex Resources Inc. Announces Positive Drilling Results at Mansounia Extending Strike to 5Km

Less than half of directors are independent

Robex Resources Inc. Provides Production Guidance for the Year 2023

Robex Resources Inc. Announces Management and Board Changes

Second quarter 2023 earnings released: EPS: CA$0.005 (vs CA$0.013 in 2Q 2022)

Robex Resources Inc. Announces Board Appointments

Robex Resources Inc. Reports A Feasibility Study for Kiniero with Significantly Improved Economics Vs PFS

Robex Resources Inc. Appoint Executives

There Are Reasons To Feel Uneasy About Robex Resources' (CVE:RBX) Returns On Capital

First quarter 2023 earnings released: EPS: CA$0.008 (vs CA$0.021 in 1Q 2022)

Full year 2022 earnings released: EPS: CA$0.048 (vs CA$0.026 in FY 2021)

These 4 Measures Indicate That Robex Resources (CVE:RBX) Is Using Debt Reasonably Well

Robex Resources Inc. Announces Strike Extension Drilling Results at SGA Complex on its Property in Guinea

Robex Resources Inc. Announces Incident at Nampala, Mali

Third quarter 2022 earnings released: EPS: CA$0.012 (vs CA$0.007 in 3Q 2021)

Robex Resources Inc. to Announce Exploration Results on Its Property in Guinea

Here's Why Robex Resources (CVE:RBX) Can Manage Its Debt Responsibly

Robex Resources Inc. (TSXV:RBX) completed the acquisition of Sycamore Mining Ltd for approximately €100 million.

Returns on Capital Paint A Bright Future For Robex Resources (CVE:RBX)

Second quarter 2022 earnings released: EPS: CA$0.013 (vs CA$0.016 in 2Q 2021)

Robex Resources Inc. Reports Prefeasbility Study Results for Kiniero

Robex Resources (CVE:RBX) Seems To Use Debt Quite Sensibly

Robex Resources Inc. Appoints Alain William as Chief Financial Officer

First quarter 2022 earnings released: EPS: CA$0.021 (vs CA$0.016 in 1Q 2021)

Robex Resources Inc. Announces Discovery on the Property in Guinea

Under The Bonnet, Robex Resources' (CVE:RBX) Returns Look Impressive

Full year 2021 earnings released: EPS: CA$0.026 (vs CA$0.076 in FY 2020)

Robex Resources Inc. Provides Production Guidance for the Full Year 2022

Robex Resources Inc., Annual General Meeting, Jun 22, 2022

Robex Resources Inc. (TSXV:RBX) entered into a share purchase agreement to acquire Sycamore Mining Ltd.

These 4 Measures Indicate That Robex Resources (CVE:RBX) Is Using Debt Reasonably Well

Third quarter 2021 earnings: Revenues and EPS in line with analyst expectations

Second quarter 2021 earnings released: EPS CA$0.016 (vs CA$0.001 in 2Q 2020)

Robex Resources' (CVE:RBX) Solid Profits Have Weak Fundamentals

Independent Director recently sold CA$99k worth of stock

First quarter 2021 earnings released: EPS CA$0.016 (vs CA$0.017 in 1Q 2020)

Here's Why I Think Robex Resources (CVE:RBX) Might Deserve Your Attention Today

Robex Resources (CVE:RBX) Has A Rock Solid Balance Sheet

Full year 2020 earnings released: EPS CA$0.076 (vs CA$0.033 in FY 2019)