Rumble Resources Ltd to Participate in 121 Mining Investment Conference in New York City.
May 25, 2023
Trending News 🌥️
Rumble Resources ($ASX:RTR) Ltd is thrilled to announce its participation in the upcoming 121 Mining Investment Conference in New York City. The company is a leading, fully integrated exploration and development company focused in the Americas. They specialize in the development of advanced stage mineral properties that have the potential to become mid-tier producers. Their current portfolio includes advanced stage projects that hold promising potential in zinc, copper, lead and gold.
The company is also exploring for early stage opportunities on projects located in the United States, Mexico and Argentina. They intend to capitalize on the platform to meet investors, build connections and learn from other mining industry participants. Rumble Resources Ltd is confident that they will be able to make a strong impression at the event and further promote their mission of creating value for their shareholders.
Stock Price
This conference brings together key players in the mining industry from across the globe, making it a great opportunity for the company to network and learn from the experience of others. On Thursday, RUMBLE RESOURCES stock opened at AU$0.2 and closed at AU$0.2, down by 2.6% from its previous closing price of 0.2. Despite this slight dip, the company is confident that this conference will bring more opportunities for business growth and potential expansion into new markets. RUMBLE RESOURCES’ participation in the conference is an indication of their ambition to remain competitive in a sector which is ever-evolving and developing.
By attending the event, the company is able to stay abreast of industry developments and make strategic decisions which will benefit their business in the long-term. RUMBLE RESOURCES is looking forward to making the most of this opportunity to meet potential partners and customers, gain knowledge from industry experts, and explore innovative ways to boost their operations in order to achieve greater success. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Rumble Resources. More…
| Total Revenues | Net Income | Net Margin |
| 0 | -3.3 | -79545.3% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Rumble Resources. More…
| Operations | Investing | Financing |
| -2.98 | -15.99 | 0.97 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Rumble Resources. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 55.52 | 1.85 | 0.09 |
Key Ratios Snapshot
Some of the financial key ratios for Rumble Resources are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| – | – | -87886.3% |
| FCF Margin | ROE | ROA |
| -127151.9% | -4.9% | -4.8% |
Analysis
At GoodWhale, we’ve analyzed the fundamentals of RUMBLE RESOURCES and have determined that, based on our Risk Rating, it is a medium risk investment. We have detected four areas of risk that potential investors should be aware of when considering an investment in RUMBLE RESOURCES. These risks include the income sheet, balance sheet, cashflow statement, and financial journal. Knowing these potential risks can help you make an informed decision about investing in RUMBLE RESOURCES. To get a better understanding of the potential risks, register on our website at goodwhale.com and analyze the details of RUMBLE RESOURCES’s financials. More…
Peers
The mining industry is highly competitive, with Rumble Resources Ltd facing fierce competition from a number of major players including Lindian Resources Ltd, Arcadia Minerals Ltd, and Canyon Resources Ltd. Each of these companies are driven by the same mission – to maximize profitability and be the most successful in the industry. With each of them striving to increase their market share, the competition between Rumble Resources Ltd and its competitors is fierce and ever-changing.
– Lindian Resources Ltd ($ASX:LIN)
Lindian Resources Ltd is a mining and exploration company based in Australia. It is engaged in the exploration of gold, silver, and base metals. The company has a market capitalization of 234.66M as of 2023, indicating that it is a mid-sized company. The Return on Equity (ROE) of the company is -12.64%, which means that the company has not been performing well and is underperforming in comparison to similar companies in the industry. This indicates that there is a risk associated with investing in the company. However, with the right strategy and management, the company can turn its fortunes around and become a profitable investment.
– Arcadia Minerals Ltd ($ASX:AM7)
Canyon Resources Ltd is a minerals exploration and development company that focuses on the exploration and development of gold and iron ore deposits. The company has a market cap of 60.89M as of 2023, which is indicative of a mid-cap firm. The company’s Return on Equity (ROE) stands at -39.53%, which is indicative of a weak financial performance. This ROE figure is significantly lower than the industry average, which implies that the company may be having difficulty utilizing its resources efficiently.
Summary
Rumble Resources Ltd is a company that is currently investing in the mining industry. Its long-term prospects look promising as it is actively seeking out opportunities to grow its portfolio of projects and expand its operations. Investors should consider the company’s track record, industry dynamics, and future outlook before investing in Rumble Resources Ltd.
Related Posts
Recent Posts
