Australasian Metals Limited (A8G) AI Stock Analysis

• Market Cap: AU$5.21M
• Dividend Yield: N/A
• Average Volume (3M): 83.61K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.23
• Revenue Growth: -100.00%
• EPS Growth: -635.94%
• Country: AU
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Gold
• EPS (TTM): -0.04
• Shares Outstanding: 57,889,725
• 10 Day Avg. Volume: 158,977
• 30 Day Avg. Volume: 83,610
• PEG Ratio: >-0.01
• Price to Book (P/B): 0.62
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -11.84
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 46 Neutral
• Price Target: AU$0.09 ▲(16.25% Upside)

The score is primarily held back by weak financial performance (pre-revenue, widening losses, and ongoing cash burn despite low debt). Technicals are mildly supportive only in that the stock appears oversold, but broader momentum remains negative. Valuation is difficult to assess due to negative earnings and no dividend support.

Positive Factors

Low Leverage

Very low debt reduces interest burden and bankruptcy risk, preserving financial flexibility. Over the next 2-6 months this structural conservatism lowers financing-cost sensitivity and gives management optionality to pursue farm-outs, equity raises or staged project spending.

Exploration Asset Focus

A clear, focused exploration mandate in Australia provides durable upside from drill success and tenement value realization. The business model supports partnerships and staged capital deployment typical for resources, allowing optionality to de-risk targets over months to years.

Improving Cash Burn Trend

Year-on-year reduction in cash outflows suggests better cost control or prioritization of spend. If maintained, this structural improvement extends runway, lowers near-term funding needs and reduces dilution pressure, strengthening the firm’s ability to advance exploration programs.

Negative Factors

Pre-revenue Profile

Lack of operating revenue means the company cannot internally fund exploration, leaving it structurally dependent on external capital. Over a 2-6 month horizon this raises dilution and execution risk, as project advancement is contingent on successful financing or partners.

Widening Losses

Material increase in net losses erodes equity and limits reinvestment capacity. Persistent negative profitability reduces financial resilience, making repeated capital raises more likely and complicating longer-term project timelines and partner negotiations.

Negative Cash Generation

Ongoing negative operating and free cash flow indicates the business cannot self-fund exploration or development. This structural cash deficit increases dependency on external funding, heightening timing and execution risk for advancing assets over the medium term.

Australasian Metals Limited Business Overview & Revenue Model

Company Description

Australasian Metals Limited explores for gold, lithium, and precious metals in Australia. It holds interests in the May Queen and Mt Clermont projects located in Queensland; Fairview project situated in Western Australia; and Mount Peake Pegmatite and Barrow Creek projects situated in Northern Territory. The company was incorporated in 2018 and is based in West Perth, Australia.

How the Company Makes Money

Australasian Metals Limited generates revenue through the exploration and development of mineral resources. The company invests in identifying and evaluating potential mining sites, conducting extensive geological surveys, and drilling programs to ascertain the viability of resource extraction. Once viable mineral deposits are confirmed, Australasian Metals may either develop these projects further through mining operations or enhance their value for potential sale or joint venture partnerships with other mining companies. Additionally, the company may enter into offtake agreements, securing future sales of mined materials, which provides a consistent revenue stream. Strategic partnerships and collaborations also play a crucial role, as they can provide additional capital, technology, and expertise necessary to advance exploration and production activities.

Australasian Metals Limited Financial Statement Overview

Summary

Early-stage/pre-revenue profile with revenue dropping to zero in 2025 and materially wider losses (net loss ~2.6m vs ~0.3m in 2024). Cash flows remain negative with ongoing burn, increasing funding risk, partially offset by very low leverage/debt.

Income Statement

The company remains pre-revenue/early-stage with highly volatile top-line performance (revenue dropped to zero in 2025 after a modest 2024). Losses have widened materially in 2025 (net loss ~2.6m vs ~0.3m in 2024), and profitability is consistently negative across the period, indicating limited operating leverage and continued reliance on external funding.

Balance Sheet

The balance sheet is conservatively levered, with very low debt relative to equity across all years (debt-to-equity consistently near zero), which reduces financial risk. However, equity has trended down from prior years and returns on equity are negative, reflecting ongoing losses that are eroding the capital base over time.

Cash Flow

Cash generation is weak with consistently negative operating cash flow and negative free cash flow, signaling ongoing cash burn. While cash burn improved in 2025 versus the prior year, the business still does not fund itself internally, and cash outflows remain a key risk if additional capital is not raised.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	0.00	0.00	199.42K	0.00	0.00	0.00
Gross Profit	-20.79K	-20.79K	0.00	-28.17K	-20.82K	-12.28K
EBITDA	-400.00	-2.68M	-528.34K	-474.19K	-970.64K	-953.60K
Net Income	-2.58M	-2.58M	-335.66K	-250.15K	-997.90K	-966.95K
Balance Sheet
Total Assets	5.66M	5.66M	7.36M	7.41M	7.72M	6.16M
Cash, Cash Equivalents and Short-Term Investments	3.04M	3.04M	3.15M	4.03M	5.15M	5.24M
Total Debt	51.31K	51.31K	6.39K	24.44K	40.09K	5.96K
Total Liabilities	210.16K	210.16K	229.63K	219.06K	284.09K	304.76K
Stockholders Equity	5.45M	5.45M	7.13M	7.19M	7.44M	5.85M
Cash Flow
Free Cash Flow	-287.32K	-287.32K	-123.39K	-1.10M	-2.43M	-511.02K
Operating Cash Flow	-287.32K	-287.32K	-123.39K	-236.46K	-930.37K	-329.22K
Investing Cash Flow	1.45M	1.45M	-2.71M	-866.73K	-1.50M	-181.80K
Financing Cash Flow	725.96K	725.96K	-42.44K	-17.04K	2.34M	5.58M

Australasian Metals Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.08
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:A8G, the sentiment is Negative. The current price of 0.08 is below the 20-day moving average (MA) of 0.09, below the 50-day MA of 0.09, and below the 200-day MA of 0.08, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 43.10 is Neutral, neither overbought nor oversold. The STOCH value of 18.52 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:A8G.

Australasian Metals Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
MRZ	49 Neutral	AU$45.24M	-2.86	-20.35%	―	―	42.72%
RMX	48 Neutral	AU$25.41M	-4.31	-137.38%	―	―	40.82%
AAJ	47 Neutral	AU$15.94M	-1.98	-99.88%	―	―	-59.65%
A8G	46 Neutral	AU$5.21M	-1.80	-41.07%	―	-100.00%	-635.94%
RBX	46 Neutral	AU$4.84M	-1.98	-99.05%	―	―	37.65%
TMB	46 Neutral	AU$13.34M	-2.01	-37.42%	―	―	3.65%

Australasian Metals Limited Corporate Events

Australasian Metals Limited Announces Successful AGM Resolutions

Australasian Metals Limited, a company listed on the Australian Securities Exchange under the ticker A8G, announced the results of its Annual General Meeting held on November 28, 2025. All resolutions presented at the meeting were successfully passed by poll, including the adoption of the remuneration report, re-election and election of directors, approval of a 10% placement facility, and ratification of the issue of placement shares. This outcome reflects strong shareholder support and may positively impact the company’s governance and strategic initiatives.