Rumble Resources Limited (ASX: RTR) is an Australian-based mineral exploration company. It focuses on discovering and developing high-quality base and precious metal deposits, with significant exposure to zinc, lead, copper, and silver. One of its flagship projects is the Earaheedy Zinc-Lead-Silver Project, which has garnered significant attention due to its large-scale potential.
Positive drill results from the Earaheedy project have been a primary driver for Rumble Resources (RTR) share price forecast. The more resources the company can confirm, the more investor confidence is expected to grow, potentially leading to steady stock price appreciation over time.
The global demand for zinc, lead, and copper key elements in manufacturing and construction will play a significant role in Rumble’s stock price. In the coming decades, increased focus on green energy and electric vehicle infrastructure could boost demand for these metals, positively affecting Rumble’s long-term prospects.
As mining regulations tighten and environmental concerns rise, how well Rumble Resources manages its operations in terms of sustainability will be critical for its long-term value. In the coming decades (2035–2055), investors may increasingly favor companies that align with stringent ESG (Environmental, Social, and Governance) standards.
The success of the company’s flagship projects, market demand for key metals, and strategic partnerships will determine whether Rumble becomes a mid-tier or major player. By 2055, if the company can capitalize on its assets and navigate market dynamics, there is potential for significant long-term gains.
Rumble Resources (RTR) share price forecast: History
Rumble Resources Limited has shown periods of volatility, driven by its exploration success and the overall sentiment toward mining and commodities. The company’s flagship project, the Earaheedy Zinc-Lead-Silver Project, has attracted significant interest from investors, especially as drill results have been positive. This exploration success has led to share price appreciation in certain periods.
The most significant factor influencing Rumble’s stock has been the success of its exploration efforts. Positive drill results, particularly from the Earaheedy project, have led to sharp increases in the stock price. As the company continues to prove the size and quality of its resource base, investor confidence grows.
Since Rumble is focused on zinc, lead, copper, and silver, fluctuations in the prices of these metals impact its share performance. Strong demand for these commodities, driven by global industrial and infrastructure growth, boosts the company’s stock.
Any significant joint ventures or partnerships that help fund the development of its projects could also push the stock higher.
Strategic partnerships are essential for junior miners like Rumble Resources. Collaborations with larger mining companies or securing funding from institutional investors will likely influence stock performance, especially in the mid-to-long term (2030 and beyond).
| Date | High (AUD) | Low (AUD) |
|---|---|---|
| January 2020 | 0.0680 | 0.0630 |
| January 2021 | 0.1350 | 0.1150 |
| January 2022 | 0.4250 | 0.3950 |
| January 2023 | 0.2250 | 0.2100 |
| January 2024 | 0.0890 | 0.0800 |
| September 2024 | 0.0480 | 0.0410 |
Rumble Resources (RTR) share price forecast: 2025-55
Rumble Resources (ASX: RTR) share price forecast can achieve new heights of their hike this can help the companies to establish trust in the share market story.
| Year | open | high |
| 2025 | 0.0680 | 0.0750 |
| 2026 | 0.0720 | 0.0830 |
| 2027 | 0.0782 | 0.0912 |
| 2028 | 0.0836 | 0.0943 |
| 2029 | 0.0920 | 0.1000 |
| 2030 | 0.0956 | 0.1056 |
| 2035 | 0.1107 | 0.1232 |
| 2040 | 0.1387 | 0.1570 |
| 2045 | 0.1426 | 0.1976 |
| 2055 | 0.1512 | 0.2120 |
Over the next decade, if the company continues expanding its resource base, the share price could see upward momentum.
In the short to medium term (2025-2035), the company’s stock will be sensitive to global economic conditions, commodity price fluctuations, and the overall sentiment toward mining stocks. A global recession or a downturn in commodities could lead to volatility in RTR’s share price.
Rumble Resources (RTR) share price forecast:2024
The price prediction for Rumble Resources (ASX: RTR) for the year 2024 can vary from 0.0340AUD- 0.0880AUD
| Date | High (AUD) | Low (AUD) |
| January 2024 | 0.0880 | 0.0810 |
| February 2024 | 0.0660 | 0.0590 |
| March 2024 | 0.0790 | 0.0720 |
| April 2024 | 0.0740 | 0.0700 |
| May 2024 | 0.0580 | 0.0520 |
| June 2024 | 0.0620 | 0.0340 |
| July 2024 | 0.0450 | 0.0440 |
| August 2024 | 0.0400 | 0.0390 |
| September 2024 | 0.0450 | 0.0420 |
| October 2024 | 0.0660 | 0.0590 |
| November 2024 | 0.0650 | 0.0630 |
| December 2024 | 0.0820 | 0.0790 |
Rumble Resources (RTR) share price forecast: 2025
The price prediction for Rumble Resources (ASX: RTR) for the year 2025 can vary from 0.0680AUD- 0.0750AUD
| Date | High (AUD) | Low (AUD) |
| FY2025 | 0.0750 | 0.0680 |
Rumble Resources (RTR) share price forecast:2026
The price prediction for Rumble Resources (ASX: RTR) for the year 2026 can vary from 0.0720AUD- 0.0830AUD
| Year | Open (AUD) | High (AUD) |
| FY2026 | 0.0720 | 0.0830 |
Rumble Resources (RTR) share price forecast 2030
The price prediction for Rumble Resources (ASX: RTR) for the year 2030 can vary from 0.0956AUD- 0.1056AUD
| Year | Open (AUD) | High (AUD) |
| FY2030 | 0.0956 | 0.1056 |
Rumble Resources (RTR) share price forecast: 2035
The price prediction for Rumble Resources (ASX: RTR) for the year 2035 can vary from 0.1107 AUD- 0.1232AUD
| Date | High (AUD) | Low (AUD) |
| FY2035 | 0.1107 | 0.1232 |
Rumble Resources (RTR) share price forecast: 2040
The price prediction for Rumble Resources (ASX: RTR) for the year 2040 can vary from 0.1387 AUD- 0.1570 AUD
| Year | Open (AUD) | High (AUD) |
| FY2040 | 0.1387 | 0.1570 |
Rumble Resources (RTR) share price forecast: 2045
The price prediction for Rumble Resources (ASX: RTR) for the year 2045 can vary from 0.1426AUD-0.1976 AUD
| Date | High (AUD) | Low (AUD) |
| FY2045 | 0.1976 | 0.1426 |
Rumble Resources (RTR) share price forecast: 2050
The price prediction for Rumble Resources (ASX: RTR) for the year 2050 can vary from 0.1524AUD-0.2000AUD
| Year | Open (AUD) | High (AUD) |
| FY2050 | 0.1524 | 0.2000 |
Rumble Resources (RTR) share price forecast: 2055
If exploration results continue promising, Rumble Resources could see consistent stock price growth, potentially boosted by higher commodity prices and further resource discoveries.
If the company continues to achieve positive exploration results and can move toward production, Rumble Resources has the potential for substantial long-term growth. The Earaheedy project is especially significant due to its size, and moving this project through development and into production will be a major catalyst for future stock price increases.
| Date | High (AUD) | Low (AUD) |
| FY2055 | 0.2120 | 0.1512 |
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Rumble Resources (RTR) share price forecast: Valuation measures
| Market Cap | 48.45M |
| Enterprise Value | 46.20M |
| Trailing P/E | – |
| Forward P/E | – |
| PEG ratio (5 yr expected) | – |
| Price/Sales | – |
| Price/Book | 0.84 |
| Enterprise Value/Revenue | – |
| Enterprise Value/ EBITDA | – |
Rumble Resources (RTR) share price forecast: Financial Highlights
Profitability And income statement
| Profit Margin | -0.00% |
| Return on Asssets (ttm) | -3.71% |
| Return on equity (ttm) | -6.93% |
| Revenue (ttm) | 218.61k |
| Net income Avi to common (ttm) | -3.75M |
| Diluted EPS (ttm) | -0.0100 |
Rumble Resources (RTR) share price forecast: Balance Sheet and cash Flow
| Total cash (mrq) | 2.31M |
| Total Debt/Equity (mrq) | 0.12% |
| Levered Free cash Flow (ttm) | -10.46M |
Rumble Resources (RTR) share price forecast: Investor’s advice
Rumble is primarily an exploration company, meaning it does not yet have revenue-generating operations. The success of its stock relies heavily on the ability to discover economically viable resources. If exploration results are disappointing, or if Rumble cannot move its projects into production, the stock could decline significantly.
Developing mineral deposits can be complex and expensive, with technical challenges potentially arising during mining, which can lead to cost overruns or delays.
The value of Rumble Resources is closely tied to the prices of zinc, lead, and silver, which can be highly volatile. Global economic factors, such as demand from industrial sectors and infrastructure development, will influence these prices. A downturn in commodity prices could negatively impact Rumble’s ability to finance its operations and affect the company’s profitability in the future.
As Rumble progresses with exploration, it will need more capital to continue drilling and eventually develop its projects. The company may need to raise funds through equity offerings, which can dilute existing shareholders, or debt, which could strain its financial position. Inability to secure sufficient funding could halt progress on key projects.
Stock performance in junior mining companies can be heavily influenced by broader market sentiment toward resource stocks. A negative shift in investor sentiment toward the mining sector could lead to declines in share prices, regardless of the company’s fundamentals.
Regulatory risks related to environmental approvals and land access also pose a threat. If Rumble faces delays or legal challenges in getting permits for its projects, its progress could be stalled, impacting its stock performance.
Conclusion
Rumble Resources offers high potential for growth, particularly if the Earaheedy project continues to show strong results. However, as with all junior mining companies, there are significant risks involved, especially related to exploration success, commodity price volatility, and funding. Investors should be aware of the speculative nature of Rumble’s stock and prepared for substantial fluctuations based on market and project-specific developments.
Long-term, the stock has potential upside if the company can successfully develop its assets and benefit from favorable market conditions for the metals it explores. However, the risks associated with exploration, development, and financing make this stock a high-risk, high-reward investment.
Rumble Resources (RTR) share price forecast: FAQS
What type of company is Rumble Resources Limited (RTR)?
Rumble Resources is an Australian-based mineral exploration company focused on discovering world-class deposits of zinc, lead, silver, gold, and other base metals. The company’s flagship project is the Earaheedy Zinc-Lead-Silver Project, which has shown significant exploration potential.
What are the key factors influencing Rumble Resources (RTR) share price ?
Exploration Success: Positive drill results from its projects, especially in its flagship Earaheedy project, are crucial.
Commodity Prices: Prices of zinc, lead, and silver, which are the main resources Rumble explores, can affect its stock price.
Partnerships/Acquisitions: Any strategic partnerships, joint ventures, or acquisitions will have an impact on stock performance.
Regulatory and Environmental Approvals: Any delays or issues related to obtaining mining permits or addressing environmental concerns could affect the stock.
What are the major risks associated with investing in Rumble Resources (RTR) share ?
Exploration Risk: As an exploration company, there is a high risk that projects may not yield commercially viable resources.
Funding Risk: The company may require additional financing to fund its operations, which could lead to share dilution.
Commodity Price Volatility: Fluctuations in global zinc, lead, and silver prices could impact the company’s profitability and stock price.
Regulatory and Environmental Risks: Delays in getting approvals or environmental challenges could hinder project timelines.
Disclaimer
This article only contains information for educational and informational purposes. It should not be interpreted as investment or financial advice. There are risks associated with investing in the stock market, and the value of investments can fluctuate. Before making any investment decisions, readers should conduct their research or speak with a financial advisor. Any losses or damages incurred as a result of using the information provided are beyond the control of the article’s author and publisher. Performance in the past does not guarantee success in the future.
Hello, I’m Bianca Paterson, a seasoned financial professional based in Sydney, Australia. With over 25 years of experience at ASX and an extensive background in share price predictions and market factors, I’ve cultivated a deep understanding of the dynamics that drive the financial markets.
I embarked on my journey with the ASX Graduate Program and have since dedicated my career to navigating the complexities of the share market. My insights are shaped by decades of hands-on experience, making me well-versed in the subtleties of market trends and investment strategies.
Through my blog, I aim to share my knowledge and offer valuable perspectives to fellow investors and market enthusiasts. Whether you’re a seasoned trader or just starting out, I hope my analysis and commentary will help you make informed decisions and better understand the ever-evolving landscape of the Australian stock market.