Capital Signal

Ragnar Metals Limited (ASX: RAG)

Sector: Materials

Market cap: A$7M (as of 2 Nov 2026)

Mineral exploration

Data as of 2 Nov 2026.

Recent capital raises

DateTypeAmountPriceDiscountSource
2 May 2025Placement$1.261M$0.15—Filing ↗
25 Oct 2024Public offer$0.095M$0.00—Filing ↗
22 May 2024Placement$5.01M$0.150%Filing ↗
25 July 2023Rights issue$1.896M$0.02—Filing ↗
26 June 2023Rights issue$1.89M$0.02—Filing ↗

Substantial holders — latest moves

DateHolderMoveHoldingSource
31 Mar 2026Ragnar Metals LimitedExit—Filing ↗
9 Mar 2026Ragnar Metals LimitedDecrease11.31% → 6.38%Filing ↗
13 Feb 2026Steven Formica and related entitiesIncrease5.07% → 6.29%Filing ↗
12 Jan 2026Ragnar Metals LimitedDecrease14.56% → 11.31%Filing ↗
21 Nov 2025Steven Formica and related entitiesEntry?% → 5.07%Filing ↗

Director trades — on-market

DateDirectorTradeSource
20 May 2026Mr Steve FormicaBought 1,100,000 Fully paid ordinary sharesFiling ↗
10 Dec 2025Mr Steve FormicaBought 1,730,145Filing ↗
28 Nov 2025Mr Steve FormicaBought 1,760,964Filing ↗
18 Nov 2025Mr Steve FormicaBought 4,008,891Filing ↗
26 Feb 2024Mr Steve FormicaBought 2,886,895Filing ↗

Cash and runway

MetricValueAs ofSource
CashA$87K30 Sept 2026Filing ↗
Runway0.2 quarters30 Sept 2026Filing ↗

Ask about RAG in Claude or ChatGPT

Add the Capital Signal connector at https://capitalsignal.io/api/mcp, then ask:

  • Has RAG raised money in the last year, and at what discount?
  • What was RAG's latest cash position and runway?

Setup guide for Claude, ChatGPT and other MCP clients →

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