Agrimin Limited (AMN) AI Stock Analysis

• Market Cap: AU$28.10M
• Dividend Yield: N/A
• Average Volume (3M): 164.49K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.71
• Revenue Growth: N/A
• EPS Growth: -727.17%
• Country: AU
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): >-0.01
• Shares Outstanding: 384,929,440
• 10 Day Avg. Volume: 168,360
• 30 Day Avg. Volume: 164,489
• PEG Ratio: >-0.01
• Price to Book (P/B): 0.77
• Price to Sales (P/S): 211.40
• P/FCF Ratio: -5.22
• 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: 44 Neutral
• Price Target: AU$0.07 ▲(1.43% Upside)
• Action: Reiterated Date: 01/04/26
• Date: Action: Reiterated 01/04/26

The score is primarily held down by weak financial performance—persistent losses and ongoing cash burn—despite low leverage. Technicals also lean bearish with price below key moving averages and negative MACD, while valuation support is limited due to a negative P/E and no dividend yield data.

Positive Factors

Low leverage

A conservatively financed balance sheet with negligible debt reduces long-term financial risk and interest burden. This structural strength gives management flexibility to pursue project development, absorb delays, and negotiate project financing without high mandatory debt servicing costs.

Clear asset focus

A single, well-defined flagship asset (Mackay Potash Project) concentrates capital and management attention on one path to value creation. Over months the focused development strategy can speed permitting, technical de‑risking and milestone delivery versus a dispersed-asset model.

Structured development pathway

The company follows the standard, durable development sequence—technical studies, permitting and project financing—providing a predictable framework for de‑risking a mining project. This repeatable process supports measured milestone value creation if executed prudently.

Negative Factors

Persistent losses

Ongoing net losses and deeply negative margins indicate the business has not achieved operating scale or profitability. Over a multimonth horizon this limits internal reinvestment capacity, increases reliance on external funding, and erodes investor returns absent clear progress to commercial revenues.

Negative cash generation

Consistent negative operating and free cash flows show the company consumes cash rather than generates it. This structural cash burn heightens financing risk for an asset developer: sustaining operations and funding next-stage technical work or capex will require external capital over the coming months.

Eroding equity and returns

Sharp declines in equity and persistently negative ROE reflect limited value creation to date and potential dilution or write‑downs. Over a 2–6 month horizon this weakens shareholder position and could complicate raising new equity on favorable terms to fund project milestones.

Agrimin Limited Business Overview & Revenue Model

Company Description

Agrimin Limited engages in the exploration and development of mineral properties in Australia. The company focuses on sulphate of potash. It holds a 100% interest in the Mackay Potash project comprising nine granted exploration licenses covering a total area of 3,000 square kilometers located in Western Australia, as well as four exploration licenses applications covering 1,200 square kilometers situated in the northern territory. The company also holds a 100% interest in the Lake Auld Potash project comprising granted exploration license covering a total area of 108 square kilometers located in Western Australia. The company was formerly known as Global Resources Corporation Limited and changed its name to Agrimin Limited in December 2014. The company was incorporated in 2006 and is based in Nedlands, Australia.

How the Company Makes Money

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Agrimin Limited Financial Statement Overview

Summary

Income statement and cash flow quality are weak due to persistent losses, deeply negative margins in 2025 versus a small revenue base, and ongoing negative operating/free cash flow (continued cash burn). The main offset is a low-leverage balance sheet, but falling equity and negative ROE indicate limited value creation so far.

Income Statement

Revenue is highly volatile (sharp rebound in 2025 after declines in prior years), but profitability remains the core issue. The company reports persistent losses across the period, with 2025 showing an especially severe net loss relative to a very small revenue base (net margin deeply negative), indicating limited operating scale and heavy cost burden. While gross profit turned positive in 2025, operating results are still materially negative, suggesting the business has not reached sustainable earnings power.

Balance Sheet

Leverage is very low, with debt effectively negligible versus equity across all years, which reduces financial risk and provides flexibility. However, equity has fallen sharply in 2025 versus 2024, consistent with ongoing losses and potential dilution/asset changes, and returns on equity are negative throughout—highlighting weak value creation despite a conservatively financed balance sheet.

Cash Flow

Cash generation is consistently weak: operating cash flow is negative every year and free cash flow is also negative throughout, indicating the business is consuming cash rather than funding itself. Free cash flow deterioration in 2025 versus 2024 adds pressure. While free cash flow appears large relative to net loss in several years (because losses are sizable), the key takeaway is continued cash burn and limited evidence of self-sustaining operations.

Breakdown	TTM	Jun 2025	Jun 2024	Jun 2023	Jun 2022	Jun 2021
Income Statement
Total Revenue	0.00	107.30K	25.52K	111.58K	12.16K	84.23K
Gross Profit	-73.24K	107.30K	-122.33K	111.58K	-180.04K	-19.24K
EBITDA	-2.75M	0.00	-5.07M	-49.80K	-1.16M	-4.89M
Net Income	-2.93M	-48.73M	-5.33M	-47.92K	-1.37M	-5.01M
Balance Sheet
Total Assets	49.45M	40.85M	95.51M	66.78M	49.00M	41.83M
Cash, Cash Equivalents and Short-Term Investments	2.26M	2.91M	4.05M	2.23M	6.81M	5.48M
Total Debt	0.00	459.00	205.37K	322.26K	67.03K	175.91K
Total Liabilities	13.56M	11.41M	13.40M	2.13M	2.57M	2.67M
Stockholders Equity	35.89M	29.44M	82.11M	64.65M	46.44M	39.16M
Cash Flow
Free Cash Flow	-1.72M	-4.35M	-5.81M	-6.49M	-8.62M	-7.17M
Operating Cash Flow	-1.69M	-2.07M	-2.77M	-1.94M	-2.24M	-1.68M
Investing Cash Flow	34.70K	-1.20M	-2.09M	-2.51M	-5.88M	-4.07M
Financing Cash Flow	2.26M	2.06M	6.69M	-136.99K	9.46M	6.06M

Agrimin Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.07
• 50DMA: Positive
• 100DMA: Positive
• 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:AMN, the sentiment is Positive. The current price of 0.07 is below the 20-day moving average (MA) of 0.07, below the 50-day MA of 0.07, and below the 200-day MA of 0.08, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 53.45 is Neutral, neither overbought nor oversold. The STOCH value of 14.58 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:AMN.

Agrimin 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%
SHN	52 Neutral	AU$90.22M	-15.76	-16.95%	―	―	76.36%
GAL	45 Neutral	AU$31.62M	-67.75	-2.46%	―	―	-134.50%
AMN	44 Neutral	AU$28.10M	-7.00	-8.97%	―	―	-727.17%
COB	44 Neutral	AU$40.29M	-1.48	-18.74%	―	―	85.44%
LGM	44 Neutral	AU$30.02M	-10.66	-18.63%	―	―	-241.18%
G6M	37 Underperform	AU$25.10M	-352.11	74.51%	―	71.37%	82.48%

Agrimin Limited Corporate Events

Agrimin Updates Corporate and Governance Information

Agrimin Limited has provided updated corporate information, detailing its board composition, company secretary, and key corporate service providers, including its auditor and share registry. The disclosure also reiterates its ASX listing and Perth-based operations, offering investors and stakeholders clear reference points for governance, contact, and registry arrangements.

The most recent analyst rating on (AU:AMN) stock is a Sell with a A$0.07 price target. To see the full list of analyst forecasts on Agrimin Limited stock, see the AU:AMN Stock Forecast page.