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SRK Stock Chart & Stats
AU$0.04
>-AU$0.01(-6.67%)
At close: 4:00 PM EST
AU$0.04
>-AU$0.01(-6.67%)
Day’s Range― - ―
52-Week RangeAU$0.02 - AU$0.05
Previous CloseN/A
Volume117.00K
Average Volume (3M)231.51K
Market Cap
AU$7.38M
Enterprise ValueAU$4.79M
Total Cash (Recent Filing)AU$2.87M
Total Debt (Recent Filing)AU$0.00
Price to Earnings (P/E)0.6
Beta1.80
Next Earnings
Sep 23, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.04
Shares Outstanding283,750,000
10 Day Avg. Volume177,359
30 Day Avg. Volume231,511
Financial Highlights & Ratios
PEG Ratio<0.01
Price to Book (P/B)2.10
Price to Sales (P/S)0.00
P/FCF Ratio-2.49
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Low Leverage / Debt-free Balance SheetA zero debt position in FY2025 materially lowers near-term solvency risk and reduces mandatory interest/covenant pressures, giving management flexibility to prioritise project evaluation, permitting and strategic monetisation. This durable balance-sheet buffer supports survival through multi-quarter cash burn and preserves optionality for JV or project-sale transactions, though it does not eliminate the need for external funding to progress large capex stages.
Exposure To Iron Ore And Lithium ProjectsFocus on iron ore and lithium positions the company in structurally important commodity markets: steel feedstock and battery metals. This asset mix provides long-term strategic optionality to monetise projects either via commodity sales, offtake or joint ventures as demand for lithium for batteries and iron ore for steel persists, underpinning potential for multi-year value capture if projects reach development.
Very Small Operating HeadcountA seven-person workforce implies a capital-light, low-fixed-cost corporate structure that can conserve cash while advancing exploration, permitting and project evaluation. This lean setup supports a longer runway for project maturation and asset monetisation strategies, lowering ongoing cash burn compared with operating mine owners and preserving flexibility to scale via partners or contractors when needed.
Bears Say
Persistent Negative Operating Cash FlowConsistent negative operating cash flow and free cash flow indicate the business cannot self-fund exploration or development activities. Over 2-6 months this structural cash burn forces reliance on equity raises, asset sales or JV funding, increasing dilution and execution risk for advancing projects; it also weakens negotiating leverage with partners and counterparties.
Frequent Zero Revenue And Inconsistent ProfitabilityRecurrent zero reported revenue and an FY2025 net loss show the company lacks a stable operating revenue base. Earnings appear driven by non-operating items intermittently, reducing predictability of cash flows and undermining lenders' or partners' confidence. Structurally, absent reliable commodity sales the business remains dependent on external funding to advance projects.
Eroding Equity And Volatile Capital StructureA significant drop in shareholders' equity over several years and prior episodes of high leverage signal weakening financial resilience. This erosion reduces the company's ability to absorb shocks, increases the likelihood of future dilutive capital raises, and shows the capital structure has been unstable—raising execution risk for multi-year development plans and financing costs.
Strike Resources Limited News
SRK FAQ
What was Strike Resources Limited’s price range in the past 12 months?
Strike Resources Limited lowest share price was AU$0.02 and its highest was AU$0.05 in the past 12 months.
What is Strike Resources Limited’s market cap?
Strike Resources Limited’s market cap is AU$7.38M.
When is Strike Resources Limited’s upcoming earnings report date?
Strike Resources Limited’s upcoming earnings report date is Sep 23, 2026 which is in 61 days.
How were Strike Resources Limited’s earnings last quarter?
Strike Resources Limited released its earnings results on Mar 15, 2026. The company reported AU$0.043 earnings per share for the quarter, beating the consensus estimate of N/A by AU$0.043.
Is Strike Resources Limited overvalued?
According to Wall Street analysts Strike Resources Limited’s price is currently Overvalued.
Does Strike Resources Limited pay dividends?
Strike Resources Limited does not currently pay dividends.
What is Strike Resources Limited’s EPS estimate?
Strike Resources Limited’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Strike Resources Limited have?
Strike Resources Limited has 283,750,000 shares outstanding.
What happened to Strike Resources Limited’s price movement after its last earnings report?
Strike Resources Limited reported an EPS of AU$0.043 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went up 4.167%.
Which hedge fund is a major shareholder of Strike Resources Limited?
Currently, no hedge funds are holding shares in AU:SRK
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Strike Resources Limited Stock Smart Score
Underperform
1
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5
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7
8
9
10
Technicals
SMA
Positive
20 days / 200 days
Momentum
20.00%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
161.67%
Trailing 12-Months
Company Description
Strike Resources Limited
Strike Resources Limited operates as a mineral exploration entity, actively seeking valuable resources across Australia, Argentina, and Peru. The company's primary focus is on uncovering deposits of iron ore, graphite, gold, and lithium. Central to its operations is the Apurimac magnetite iron ore project, an extensive property encompassing approximately 72,800 hectares situated in the Southern Highlands region of Peru. Strike Resources was established in 1999 and maintains its corporate headquarters in West Perth, Australia.
Technical Analysis
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