ABx Group Limited (AU:ABX)
ASX:ABX
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ABx Group Limited
(Sydney:ABX)
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Rating:46Neutral
Price Target:
AU$0.05
▼(-30.00% Downside)
Action:Reiterated
Date:04/09/26
The score is held down primarily by weak financial performance—ongoing large losses, volatile/limited revenue, and negative operating/free cash flow that points to continued financing reliance despite modest leverage. Technical indicators are broadly neutral to slightly negative, and valuation is constrained by a negative P/E and no dividend yield data.
Positive Factors
Critical-minerals & recycling focus
ABx’s core business targets extraction/refining of critical minerals and recovery from industrial waste. These activities align with durable structural demand for specialized mineral supply and circular-materials processing, supporting longer-term addressable markets if processes scale and regulatory support persists.
Negative Factors
Sustained negative cash flow
Two consecutive years of negative operating and free cash flow, with accelerating cash burn in 2025, create a structural funding gap. Persistent negative cash generation forces reliance on external financing, increasing dilution risk and limiting ability to self-fund scale-up or capex initiatives.
Read all positive and negative factors
Positive Factors
Negative Factors
Critical-minerals & recycling focus
ABx’s core business targets extraction/refining of critical minerals and recovery from industrial waste. These activities align with durable structural demand for specialized mineral supply and circular-materials processing, supporting longer-term addressable markets if processes scale and regulatory support persists.
Read all positive factors
ABx Group Limited (ABX) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$18.75M
Dividend YieldN/A
Average Volume (3M)2.63M
Price to Earnings (P/E)―
Beta (1Y)0.46
Revenue Growth98.28%
EPS Growth-200.00%
CountryAU
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryAluminum
Share Statistics
EPS (TTM)-0.02
Shares Outstanding374,917,940
10 Day Avg. Volume1,501,911
30 Day Avg. Volume2,632,200
Financial Highlights & Ratios
PEG Ratio-0.02
Price to Book (P/B)1.54
Price to Sales (P/S)171.30
P/FCF Ratio-5.04
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
ABx Group Limited Business Overview & Revenue Model
Company Description
ABx Group Limited focuses on the exploration, development, and extraction of bauxite resources throughout Australia. The company is also advancing a Rare Earth Element initiative linked to a bauxite deposit located in Queensland, alongside its wor...
How the Company Makes Money
null...
ABx Group Limited Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
62
Positive
Cash Flow
28
Negative
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 115.00K | 58.00K | 222.00K | 56.00K | 41.00K |
| Gross Profit | 72.00K | -25.00K | -1.39M | -4.02M | -5.13M |
| EBITDA | -2.94M | -4.53M | -3.15M | -4.77M | -6.11M |
| Net Income | -6.47M | -2.00M | -1.64M | -3.48M | -5.62M |
Balance Sheet | |||||
| Total Assets | 20.66M | 19.54M | 21.64M | 16.21M | 19.83M |
| Cash, Cash Equivalents and Short-Term Investments | 6.56M | 724.00K | 336.00K | 2.06M | 6.09M |
| Total Debt | 1.83M | 363.00K | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 7.93M | 8.31M | 8.91M | 3.11M | 3.08M |
| Stockholders Equity | 12.80M | 11.30M | 12.78M | 12.98M | 16.64M |
Cash Flow | |||||
| Free Cash Flow | -3.91M | -2.61M | 2.54M | -4.99M | -2.91M |
| Operating Cash Flow | -2.12M | -668.00K | 5.04M | -4.88M | -2.82M |
| Investing Cash Flow | -3.87M | 1.00K | -8.08M | 844.00K | 415.00K |
| Financing Cash Flow | 9.33M | 892.00K | 1.31M | 0.00 | 7.59M |
ABx Group Limited Technical Analysis
Negative
0.07
Price Trends
0.06
Negative
0.06
Negative
0.07
Negative
Market Momentum
>-0.01
Negative
28.24
Positive
45.83
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:ABX, the sentiment is Negative. The current price of 0.07 is above the 20-day moving average (MA) of 0.05, above the 50-day MA of 0.06, and below the 200-day MA of 0.07, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 28.24 is Positive, neither overbought nor oversold. The STOCH value of 45.83 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:ABX.
ABx Group Limited Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
46 Neutral | AU$18.75M | -2.00 | -56.45% | ― | 98.28% | -200.00% | |
46 Neutral | AU$8.57M | -20.00 | -18.69% | ― | ― | 61.54% | |
44 Neutral | AU$6.02M | -2.14 | -20.21% | ― | ― | 92.65% | |
44 Neutral | AU$11.78M | -2.73 | -27.21% | ― | ― | 16.05% | |
43 Neutral | AU$5.66M | -4.86 | -25.39% | ― | ― | 27.45% | |
42 Neutral | AU$11.66M | -3.71 | -380.81% | ― | ― | 1.76% |
* Basic Materials Sector Average
AU:ABX
ABx Group Limited
0.05
0.01
33.33%
AU:ASQ
Australian Silica Quartz Group
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6.25%
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Constellation Resources Ltd.
0.15
0.02
20.83%
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―
―
―
AU:DM1
Desert Metals Ltd.
0.01
-0.01
-50.00%
AU:CAZ
Cazaly Resources Limited
0.02
>-0.01
-10.00%
ABx Group Limited Corporate Events
ABx Group’s Low-Radioactivity Rare Earth Carbonate Wins Strong Customer Interest
Jun 16, 2026
ABx Group has reported that a second mixed rare earth carbonate sample from its Deep Leads project has been confirmed by ANSTO as exempt from radiological control, with total radioactivity even lower than its maiden sample. This low radioactivity ...
ABx Expands Tasmanian Rare Earths Footprint and Secures Drilling Grant Support
Jun 9, 2026
ABx Group has expanded its rare earths footprint in northern Tasmania with the grant of exploration licence EL14/2025, adding 165 square kilometres about 30 kilometres north of its Deep Leads resource and lifting its prospective ground in the regi...
ABx Group boosts chair’s equity stake through fee-for-shares and option grant
Jun 4, 2026
ABx Group has updated the market on changes to Non-Executive Chair Joycelyn Morton’s holdings, disclosing that she received 654,559 new fully paid ordinary shares and 500,000 options in the company. The shares were issued in lieu of cash pay...
ABx Group Issues 3 Million Unquoted Director Options Under Incentive Scheme
Jun 4, 2026
ABx Group Limited has notified the market of the issue of 3,000,000 unquoted director options under an employee incentive scheme. The options are a new class of unquoted securities, subject to transfer restrictions and not to be quoted on the ASX ...
ABx Group Issues Chair Fee Shares and Lodges Cleansing Notice
Jun 4, 2026
ABx Group has issued 654,559 fully paid ordinary shares to Non-Executive Chair Joycelyn Morton in lieu of accrued chair fees, following shareholder approval at its 26 May 2026 annual general meeting. The shares were issued without a prospectus und...
ABx Group seeks ASX quotation for additional ordinary shares
Jun 4, 2026
ABx Group Limited has applied for quotation on the ASX of 654,559 ordinary fully paid shares, with an issue date of 4 June 2026. The new securities form part of transactions previously notified to the market, modestly increasing the company’...
ABx Group Switches External Auditor After Shareholder Approval
May 26, 2026
ABx Group Limited has announced a change in its external auditor following shareholder approval at its Annual General Meeting held on 26 May 2026. Shareholders voted to remove K.S. Black Co. as the company’s auditor and to appoint PKF Melbo...
ABx Group shareholders back all resolutions at 2026 AGM
May 26, 2026
ABx Group Limited has released the results of its 2026 Annual General Meeting, confirming that all resolutions put to shareholders were passed by the required majorities. Key items included the adoption of the remuneration report, the re-election ...
ABx Group Marks ‘Transformational’ Year With Rare Earth Breakthrough and ALCORE Pilot Plant Progress
May 26, 2026
ABx Group used its 2026 Annual General Meeting to highlight a transformational year in which it advanced rare earths, clean fluorine chemicals and bauxite projects, strengthening its position as a diversified critical minerals and industrial techn...
ABx Showcases ALCORE Fluorine Pilot Plant Progress to Aluminium Council
May 25, 2026
ABx Group Limited has released a presentation from an Australian Aluminium Council site visit to its ALCORE Technology Centre, highlighting progress in clean fluorine chemical production from aluminium smelter by-products. The company is advancing...
ABx Showcases ALCORE Pilot Plant to Aluminium Council, Highlighting Strategic Fluorine Opportunity
May 25, 2026
ABx Group hosted the Australian Aluminium Council Executive Committee at its ALCORE Technology Centre in Bell Bay, Tasmania, where delegates toured the continuous pilot plant under construction and received an overview of ALCORE’s proprietar...
ABx Group Plans New Share Issue to Raise Capital
May 22, 2026
ABx Group Limited has notified the ASX of a proposed issue of up to 654,559 ordinary fully paid shares, with the intended issue date set for 27 May 2026. The securities will be issued via a placement or other capital-raising mechanism, and the com...
ABx Group Drops Planned Options Issue After Offer Closes With No Uptake
Apr 30, 2026
ABx Group Limited has withdrawn a previously announced proposed non-pro rata offer of options that was to be made under a disclosure document. The company informed the ASX that the cleansing prospectus offer has closed with no options issued, indi...
ABx Group advances rare earths, fluorine chemicals and bauxite projects in March quarter
Apr 30, 2026
ABx Group advanced its diversified portfolio across rare earths, fluorine chemicals and bauxite during the March 2026 quarter, underscoring its ambition to supply critical minerals into Western supply chains. The company’s Deep Leads project...
ABx Showcases Tasmanian Ionic Clay Rare Earths at Sydney Technical Forum
Apr 23, 2026
ABx Group has released materials from a technical presentation by Director Ian Levy to the Sydney Mineral Exploration Discussion Group, where he outlines the geology and processing of ionic adsorption clay rare earth resources, including ABx’...
Top 20 Holders Control Majority of ABx Group UO6 Options
Apr 15, 2026
ABx Group Limited has disclosed the top 20 holders of its UO6 unlisted options, which expire on 17 November 2027 at an exercise price of $0.10, as at 14 April 2026. The largest holders include Orca Capital GmbH, Palisades Investments Ltd, Vidog Ca...
ABx Group Seeks ASX Quotation for Major New Option Issue
Apr 15, 2026
ABx Group Limited has lodged an application with the ASX for quotation of a new class of options, identified as options expiring on 17 November 2027 with an exercise price of $0.10. The application covers 103,073,045 of these options, to be issued...
ABx Group Defines Target Market for Selective Cleansing Options Offer
Apr 15, 2026
ABx Group has issued a target market determination for an offer of 1,000 options to acquire fully paid ordinary shares, to be made under a transaction-specific prospectus at a nil issue price. The options, in the same class as existing securities,...
ABx Group to Issue New Series of Listed Options in Targeted Capital Move
Apr 15, 2026
ABx Group Limited has lodged details of a proposed non pro rata offer of new options to investors under a disclosure document, signalling an incremental move to adjust its capital structure. The company plans to issue up to 1,000 ABXAJ options, ea...
ABx Group lodges cleansing prospectus for speculative options offer
Apr 15, 2026
ABx Group Limited has released a transaction-specific prospectus for an offer of 1,000 Cleansing Options at no issue price, primarily to remove trading restrictions on existing options of the same class. Application will be made for ASX quotation ...
ABx Group lodges updated corporate governance statement and Appendix 4G
Mar 30, 2026
ABx Group Limited has lodged its corporate governance statement for the financial year ended 31 December 2025 by providing a dedicated governance page on its website, confirming board approval and currency as at that date. The accompanying Appendi...
ABx Group Releases Annual Report for Year Ended 31 December 2025
Mar 30, 2026
ABx Group Limited has released its Annual Report for the financial year ended 31 December 2025, outlining the company’s corporate governance, financial performance, and shareholder information. The report includes the chair’s letter, d...
ABx Advances Hydrogen Fluoride Pilot Plant as Environmental Review Begins
Mar 26, 2026
ABx Group’s ALCORE subsidiary has submitted an Environmental Effects Report for its planned hydrogen fluoride pilot plant in Bell Bay, Tasmania, marking a key step in the environmental approvals process. The report outlines comprehensive con...
ABx Group Clarifies Data Sources in Amended Rare Earths PDAC Presentation
Mar 25, 2026
ABx Group has issued an amended version of its rare earths presentation prepared for the PDAC Convention in Toronto, updating key disclosure elements for investors. The revisions clarify data sourcing and peer comparison methods used in the presen...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.