Apollo Minerals Limited (AON) AI Stock Analysis

• Market Cap: AU$8.36M
• Dividend Yield: N/A
• Average Volume (3M): 2.17M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.58
• Revenue Growth: N/A
• EPS Growth: -17.02%
• Country: AU
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): >-0.01
• Shares Outstanding: 928,456,900
• 10 Day Avg. Volume: 1,876,198
• 30 Day Avg. Volume: 2,171,453
• PEG Ratio: -0.07
• Price to Book (P/B): 0.57
• Price to Sales (P/S): 90.10
• P/FCF Ratio: -1.29
• 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: 43 Neutral
• Price Target: AU$0.01 ▲(0.00% Upside)

The score is primarily constrained by weak financial performance—ongoing losses, minimal/volatile revenue, and persistent cash burn—despite the positive offset of having no debt. With no usable technical indicators and a negative P/E alongside no dividend yield data, valuation/technical factors provide limited support.

Positive Factors

Debt-Free Balance Sheet

A debt-free balance sheet reduces financial risk and interest burden, providing flexibility to invest in growth opportunities without the pressure of debt repayments.

Strategic Discoveries

The discovery of gallium and zinc enhances Apollo's potential for valuable mining credits, positioning it favorably in the market for critical minerals used in semiconductors and LEDs.

Shareholder Support

Strong shareholder support for strategic resolutions indicates confidence in management's direction, enabling potential capital raising for future projects.

Negative Factors

Persistent Losses

Ongoing significant losses and negative margins highlight challenges in achieving profitability, which may hinder long-term financial sustainability and growth.

Volatile Revenue

Volatile and minimal revenue streams indicate instability in business operations, making it difficult to predict future performance and secure consistent cash flow.

Negative Cash Flow

Negative cash flow suggests reliance on external funding, which can be risky if market conditions tighten, potentially limiting operational and strategic flexibility.

Apollo Minerals Limited Business Overview & Revenue Model

Company Description

Apollo Minerals Limited engages in the exploration and development of mineral resources. Its flagship project is the 100% owned Kroussou zinc-lead project consisting of one prospecting license covering 986.5 square kilometers located in the Ngounié Province of Western Gabon. The company was incorporated in 2007 and is based in Perth, Australia.

How the Company Makes Money

Apollo Minerals Limited generates revenue primarily through the exploration and development of mineral resource projects. The company's key revenue streams include the sale of mineral rights and interests, as well as potential income from the eventual production and sale of extracted minerals. Apollo Minerals may also enter into joint ventures or partnerships with other mining companies to share the costs and revenues associated with the development of its projects. Additionally, the company may raise funds through equity financing to support its exploration activities. Significant factors contributing to its earnings include the successful identification of mineral deposits, efficient project development, and favorable market conditions for the minerals it targets.

Apollo Minerals Limited Financial Statement Overview

Summary

Apollo Minerals faces significant financial challenges with persistent losses and lack of revenue. Despite a strong debt-free balance sheet, the company's inability to generate positive cash flows and profits limits its financial health and growth potential.

Income Statement

Apollo Minerals Limited has experienced a persistent lack of revenue over the years with total revenue consistently at or near zero, reflecting challenges in generating sales. The company has also been operating at a loss, with negative net income and EBIT margins across all reporting periods, indicating significant profitability issues.

Balance Sheet

The company maintains a stable financial position with no debt, providing a strong equity base. However, the absence of revenue growth and continuous operating losses limit its ability to improve equity returns, as evidenced by negative return on equity. Despite this, the equity ratio remains robust due to low liabilities.

Cash Flow

Apollo Minerals shows consistent negative operating and free cash flows, highlighting ongoing operational challenges. Operating cash flow consistently exceeds net income losses, reflecting limited efficiency in cash usage. Lack of positive cash flow growth further undermines liquidity prospects.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	257.93K	61.37K	0.00	0.00	0.00	29.50K
Gross Profit	257.93K	61.37K	-55.43K	-35.45K	-4.16K	25.90K
EBITDA	-3.69M	-4.44M	-3.30M	-4.02M	-1.82M	-1.18M
Net Income	-2.99M	-4.34M	-2.91M	-4.04M	-1.82M	-1.17M
Balance Sheet
Total Assets	11.25M	10.51M	11.61M	9.76M	11.82M	5.70M
Cash, Cash Equivalents and Short-Term Investments	1.68M	1.26M	2.25M	1.71M	3.69M	3.04M
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00
Total Liabilities	715.62K	828.88K	744.20K	538.91K	1.14M	357.64K
Stockholders Equity	10.60M	9.75M	10.93M	9.27M	10.73M	5.39M
Cash Flow
Free Cash Flow	-3.46M	-4.29M	-2.61M	-3.96M	4.24M	-685.57K
Operating Cash Flow	-3.46M	-4.29M	-2.61M	-3.71M	-962.93K	-685.57K
Investing Cash Flow	202.18K	200.00K	-76.55K	-250.00K	-5.21M	-2.07M
Financing Cash Flow	1.30M	3.10M	3.23M	1.98M	6.81M	3.20M

Apollo Minerals Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.01
• 50DMA: Negative
• 100DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:AON, the sentiment is Negative. The current price of 0.01 is below the 20-day moving average (MA) of 0.01, below the 50-day MA of 0.01, and equal to the 200-day MA of ―, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 40.65 is Neutral, neither overbought nor oversold. The STOCH value of 6.06 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:AON.

Apollo Minerals 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%
JNO	53 Neutral	AU$7.32M	-5.65	-4.79%	―	―	-47.62%
AKN	45 Neutral	AU$3.60M	―	-71.65%	―	―	―
AX8	45 Neutral	AU$7.06M	-100.00	2.22%	―	―	98.11%
MTL	44 Neutral	AU$7.23M	―	―	―	―	50.00%
AON	43 Neutral	AU$8.36M	-1.82	-41.95%	―	―	-17.02%
C29	42 Neutral	AU$3.66M	-0.53	-126.15%	―	―	24.09%

Apollo Minerals Limited Corporate Events

Apollo Minerals Limited AGM Results: All Resolutions Passed

Apollo Minerals Limited held its Annual General Meeting on November 18, 2025, where all resolutions were carried by a poll. The successful resolutions include the approval of the Remuneration Report, the re-election of Mr. Robert Behets as a Director, and the approval of an additional 10% placement capacity, indicating strong shareholder support for the company’s strategic direction.

Apollo Minerals Uncovers Gallium and Zinc Riches at Kroussou Project

Apollo Minerals Limited has identified significant gallium and zinc mineralisation at its Kroussou project in Gabon. The discovery of gallium within the sedimentary rocks and surface zinc outcrops in undrilled areas suggests potential for valuable mining credits and further exploration opportunities. This finding could enhance Apollo’s industry positioning, given gallium’s critical role in semiconductor and LED production, and the current global supply dominated by China.

Apollo Minerals Schedules Annual General Meeting for November 2025

Apollo Minerals Limited has announced its Annual General Meeting scheduled for November 18, 2025, in Perth, Western Australia. The company will not dispatch physical copies of the meeting notice, encouraging shareholders to access materials online or via email. This move aligns with modern communication practices and may impact how shareholders engage with the company’s governance processes.