Rupert Resources (RUP) AI Stock Analysis

• Market Cap: C$975.14M
• Dividend Yield: N/A
• Average Volume (3M): 76.80K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.91
• Revenue Growth: N/A
• EPS Growth: 49.78%
• Country: CA
• Employees: 41
• Sector: Basic Materials
• Sector Strength: 62
• Industry: Mining
• EPS (TTM): -0.03
• Shares Outstanding: 216,216,900
• 10 Day Avg. Volume: 71,619
• 30 Day Avg. Volume: 76,803
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• Price to Cash Flow (P/CF): -139.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: C$8.25
• Price Target Upside: 95.04% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

Rupert Resources' overall score is impacted by its financial performance, where the absence of revenue and ongoing losses are significant concerns. Technical analysis suggests potential downward pressure, balanced by oversold conditions. The valuation is unfavorable due to negative earnings. However, the recent positive corporate event regarding the Ikkari Project offers a glimmer of hope for future profitability and market position, suggesting potential long-term value.

Positive Factors

Leadership

The appointment of Graham Crew as the new CEO brings extensive experience in operations and project development, enhancing leadership at Rupert Resources.

Project Development

Rupert Resources' ability to land package will lead to multi-million-ounce discoveries in a top mining jurisdiction, creating substantial value for shareholders.

Negative Factors

Cost Management

Ikkari is anticipated to have slightly higher cash costs, AISC and capital expenditures resulting in a slightly negative impact to our NPV.

Rupert Resources Business Overview & Revenue Model

Company Description

Rupert Resources is a Canadian-based mineral exploration company focused on the acquisition, exploration, and development of mineral properties. The company primarily operates in the gold mining sector, with its flagship project being the Pahtavaara gold mine located in Northern Finland.

How the Company Makes Money

Rupert Resources makes money through the exploration and potential development of its mineral properties. The company generates revenue by discovering and developing economically viable gold deposits, which can be either sold to other mining companies or developed into producing mines. Key revenue streams include the sale of mineral rights, royalties from partnerships or joint ventures, and potential future gold production. Rupert Resources' earnings are significantly influenced by its ability to successfully explore and prove the value of its mineral assets, as well as prevailing gold market prices and exploration success.

Rupert Resources Financial Statement Overview

Summary

Rupert Resources is in the exploratory phase with no revenue and significant operational costs. Despite a strong equity base and no debt, consistent losses and cash flow challenges pose financial risks. Continued investor support and successful project development are crucial for future growth and financial stability.

Income Statement

Rupert Resources has consistently reported zero revenue over the years, reflecting its developmental stage in the mining industry. The company exhibits substantial negative EBIT and Net Income, suggesting ongoing operational and developmental costs without offsetting revenue. The lack of revenue growth, coupled with increasing losses, limits the company's financial flexibility and profitability.

Balance Sheet

The company demonstrates a solid equity position with no debt, reflected in a favorable Debt-to-Equity ratio of 0. This indicates financial prudence and low leverage risk. Stockholders' equity has shown a growth trend, indicating investor confidence and a robust capital structure. However, the absence of revenue and consistent negative net income impact the Return on Equity.

Cash Flow

Rupert Resources is heavily investing in capital expenditures, as evidenced by significant negative Free Cash Flow. The negative operating cash flow relative to net income suggests challenges in generating cash from operations. Despite robust financing cash flow, the high cash burn rate from investing activities indicates a need for careful management of cash reserves.

Breakdown
TTM	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00	0.00
	Gross Profit
-195.51K	-205.63K	-212.94K	-25.82K	-13.22K	-7.81K
	EBIT
-5.79M	-8.09M	-9.60M	-7.84M	-5.60M	-4.16M
	EBITDA
-7.59M	-7.75M	-12.88M	-8.23M	-8.17M	-4.14M
	Net Income Common Stockholders
-7.15M	-7.95M	-13.10M	-8.26M	-8.29M	-4.84M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
47.07M	37.50M	72.59M	45.77M	22.39M	14.31M
	Total Assets
208.46M	178.21M	177.04M	121.92M	74.96M	51.58M
	Total Debt
0.00	52.28K	117.02K	177.00K	0.00	0.00
	Net Debt
-46.94M	-36.78M	-70.38M	-45.10M	-21.72M	-14.31M
	Total Liabilities
14.85M	18.90M	15.83M	13.59M	7.03M	3.58M
	Stockholders Equity
193.60M	159.31M	161.21M	108.33M	67.92M	48.01M
Cash Flow		Free Cash Flow
-34.19M	-35.45M	-35.05M	-26.14M	-17.88M	-11.34M
	Operating Cash Flow
-1.74M	-3.93M	-5.97M	-2.34M	-2.90M	-1.73M
	Investing Cash Flow
-32.47M	-31.53M	-29.50M	-23.80M	-14.98M	-9.74M
	Financing Cash Flow
37.54M	1.79M	60.70M	49.69M	25.30M	19.84M

Rupert Resources Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 4.23
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:RUP, the sentiment is Positive. The current price of 4.23 is below the 20-day moving average (MA) of 4.66, below the 50-day MA of 4.48, and above the 200-day MA of 4.11, indicating a neutral trend. The MACD of -0.02 indicates Positive momentum. The RSI at 48.46 is Neutral, neither overbought nor oversold. The STOCH value of 28.99 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:RUP.

Rupert Resources Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
AEM	80 Outperform	$72.92B	26.99	9.42%	1.59%	26.99%	-6.63%
OR	56 Neutral	$5.13B	216.64	1.33%	0.98%	1.62%	-232.31%
BTO	54 Neutral	$4.96B	―	-18.54%	5.95%	-4.17%	-318.18%
Sector *	47 Neutral	$2.64B	-3.85	-29.39%	3.32%	2.72%	-29.67%
RUP	36 Underperform	C$975.14M	―	-4.03%	―	―	49.78%
BTR	31 Underperform	C$36.72M	―	-91.29%	―	―	7.15%

Rupert Resources Corporate Events

Rupert Resources’ Ikkari Project Shows Strong Economic Potential in Finland

Rupert Resources has completed a Pre-feasibility study for its Ikkari Project in Northern Finland, confirming a high-margin project with a Net Present Value of USD 1.7 billion and an Internal Rate of Return of 38%. The project, which has a 20-year life of mine, is expected to produce gold at a low cost, with the first gold pour targeted for 2030. The study highlights a probable mineral reserve of 3.5 million ounces, emphasizing the project’s strong economic potential with a manageable initial capital requirement of $575 million. These results reinforce Ikkari’s status as a promising venture in a favorable mining jurisdiction, potentially benefiting stakeholders and enhancing the company’s market position.

Rupert Resources Reports Financial Results and Maintains Strong Cash Position

Rupert Resources has released its unaudited financial results for the three and nine months ending November 30, 2024. The company reported a net loss but maintained a strong cash position with nearly C$47 million, supporting its ongoing prefeasibility study for the Ikkari project and continued exploration efforts. These results underscore Rupert’s commitment to advancing its exploration projects despite the reported losses, positioning it strategically within the mineral exploration industry.

Rupert Resources Nears Key Ikkari Project Milestones

Rupert Resources is nearing the completion of its Prefeasibility Study for the Ikkari Project, with a report expected in early 2025. The company is excited about new discoveries and high-grade potential zones near Ikkari, as well as the progress made on environmental assessments and exploration programs. With a promising winter drilling season ahead, Rupert Resources is poised for significant developments in its exploration endeavors.