Australian gold developer advancing the Youanmi project in Western Australia, with further gold/nickel exploration ground nearby.
Australian gold developer advancing the Youanmi project in Western Australia, with further gold/nickel exploration ground nearby.
Earns no revenue: studies, drilling and mine planning are funded by raising capital, and value rests on a decision to build Youanmi, a historic gold mine in Western Australia's Murchison region. Nearby ground explored for gold, nickel and lithium gives it other projects while the main one advances.
In one line: A pre-production US junior gold developer.
Moat: none. Pre-production developer; value depends on resource/permitting, not an operating moat.
Headquarters: West Perth, Australia · Employees: 37
Size Rox Resources (RXL.AX) is an Australia Materials company (Precious Metals) with a market value of $532M, the 256th largest of 316 Australia companies the cockpit tracks. Shares closed at A$0.55 on 6 Nov 2026.
Performance Over six months the shares gained 13.4%, against -13.5% for the median peer and +4.1% for the Australia market (cap-weighted) — 8th highest of 21 in its peer set.
Valuation It trades at 2.77× book value against a peer median of 3.30× (10th cheapest of 20).
Price implies The share price implies a return on equity of about 12.8%; Rox Resources delivers -19.0%, so the price asks more than the business earns today.
Next results Next results expected around 17 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|---|
| Revenue | A$0 | A$0 | A$0 | A$0 | A$0 |
| Revenue growth | — | — | — | — | — |
| Gross profit | -A$1.77M | -A$1.77M | -A$283,000 | -A$295,000 | -A$287,000 |
| EBITDA | -A$43.6M | -A$43.6M | -A$22.7M | -A$9.43M | -A$12.1M |
| Net income | -A$35.0M | -A$35.0M | -A$18.2M | -A$13.7M | -A$8.76M |
| Free cash flow | -A$98.7M | -A$98.7M | -A$21.6M | -A$9.31M | -A$13.4M |
| Capital expenditure | A$62.2M | A$62.2M | A$3.53M | A$512,000 | A$392,000 |
| Total debt | n/a | A$1.34M | A$97,000 | A$237,000 | A$368,000 |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE |
|---|---|---|---|---|---|---|
| Rox Resources RXL.AX | $532M | +13% | n/a | -19% | 2.77× | 12.8% |
| Ramelius Resources RMS.AX | $4.78B | +3% | -14% | 4% | 1.76× | 17.1% |
| Genesis Minerals GMD.AX | $5.73B | +6% | +89% | 36% | 3.97× | 41.5% |
| Bellevue Gold BGL.AX | $1.46B | -16% | +14% | 1% | 2.51× | 26.9% |
| Capricorn Metals CMM.AX | $4.42B | -1% | +45% | 26% | 4.45× | 44.0% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | RXL.AX | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -15.4% | -7.9% | 3rd lowest of 21 |
| 6-month return | +13.4% | -13.5% | 8th highest of 21 |
| Return on equity | -19.0% | -14.0% | 10th highest of 19 |
| Price / book | 2.77× | 3.30× | 10th cheapest of 20 |
| ROE the price implies | 12.8% | 21.4% | 3rd least demanding of 20 |
| ROE delivered | -19.0% | -14.0% | 10th highest of 19 |
| Company | Market | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE | Delivered ROE |
|---|---|---|---|---|---|---|---|---|
| Rox Resources RXL.AX | Australia | $532M | +13% | n/a | -19% | 2.77× | 12.8% | -19.0% |
| WIA Gold WIA.AX | Australia | $533M | -22% | n/a | -4% | 3.99× | 17.1% | -3.9% |
| Turaco Gold TCG.AX | Australia | $540M | +29% | n/a | -31% | 8.06× | 112.3% | -31.4% |
| IperionX IPX | United States | $540M | -66% | n/a | -74% | 5.42× | 64.6% | -74.1% |
| Brightstar Resources BTR.AX | Australia | $542M | +68% | +91% | -30% | 1.81× | 16.9% | -29.6% |
| Goldsky Resources GSKR.V | Canada | $543M | -28% | n/a | -22% | 1.75× | 15.8% | -21.8% |
| Contango Silver & Gold CTGO | United States | $520M | -43% | n/a | -24% | 1.52× | 8.1% | -23.7% |
| Forrestania Resources FRS.AX | Australia | $547M | -33% | n/a | -23% | 1.63× | 16.6% | -23.2% |
| Thesis Gold & Silver TAU.V | Canada | $516M | -31% | n/a | -5% | 2.24× | 24.4% | -4.5% |
| Banyan Gold BYN.V | Canada | $554M | +18% | n/a | -5% | 5.50× | 64.9% | -4.8% |
| Andean Precious Metals APM.TO | Canada | $555M | -20% | +63% | 49% | 1.84× | 21.4% | 49.2% |
| Gold Reserve GRZ.V | Canada | $560M | -19% | n/a | -41% | 4.59× | 12.9% | -41.5% |
| Goldgroup Mining GORO.V | Canada | $500M | -21% | +215% | n/a | n/a | n/a | n/a |
| Ausgold AUC.AX | Australia | $495M | +42% | n/a | -6% | 3.30× | 37.4% | -6.2% |
| Anglo Asian Mining AAZ.L | United Kingdom | $590M | +30% | +220% | 58% | 4.42× | 39.4% | 58.0% |
| Aurelia Metals AMI.AX | Australia | $477M | +16% | +40% | 20% | 1.48× | 15.7% | 20.2% |
| Heliostar Metals HSTR.TO | Canada | $475M | +10% | n/a | n/a | 4.21× | 38.5% | n/a |
| Thor Explorations THX.V | Canada | $466M | -26% | +29% | 55% | 1.00× | 12.0% | 54.9% |
| Troilus Mining TLG.TO | Canada | $611M | -8% | n/a | -122% | 7.28× | 110.2% | -121.9% |
| Meteoric Resources MEI.AX | Australia | $464M | +12% | n/a | -110% | 10.07× | 83.0% | -109.8% |
| Metals Exploration MTL.L | United Kingdom | $617M | +17% | -17% | 14% | 2.12× | 17.8% | 13.5% |