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Australian Strategic Materials Ltd
(Sydney:ASM)
Australian Strategic Materials Ltd (ASM) vs. iShares MSCI Australia ETF (EWA)
Australian Strategic Materials Ltd Business Overview & Revenue Model
Australian Strategic Materials Ltd Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 5.09M | 5.09M | 3.11M | 4.44M | 1.87M | 1.38M |
| Gross Profit | 3.41M | 3.41M | -10.47M | -11.32M | -11.21M | -2.40M |
| EBITDA | -20.10M | -20.10M | -22.51M | -26.02M | -26.37M | -1.00M |
| Net Income | -24.57M | -24.57M | -25.15M | -26.27M | -24.27M | -783.00K |
Balance Sheet | ||||||
| Total Assets | 227.17M | 227.17M | 258.96M | 267.22M | 250.70M | 228.63M |
| Cash, Cash Equivalents and Short-Term Investments | 19.01M | 19.01M | 47.60M | 56.66M | 60.22M | 93.32M |
| Total Debt | 14.05M | 14.05M | 16.86M | 17.70M | 17.27M | 0.00 |
| Total Liabilities | 45.70M | 45.70M | 54.37M | 51.26M | 51.00M | 26.03M |
| Stockholders Equity | 181.44M | 181.44M | 204.58M | 215.92M | 199.62M | 202.55M |
Cash Flow | ||||||
| Free Cash Flow | -28.44M | -28.44M | -30.79M | -47.29M | -78.61M | -14.21M |
| Operating Cash Flow | -16.16M | -16.16M | -15.62M | -35.02M | -37.59M | -5.21M |
| Investing Cash Flow | -8.00M | -8.00M | -7.69M | -7.98M | -33.53M | -9.29M |
| Financing Cash Flow | -3.52M | -4.53M | 14.35M | 39.78M | 38.04M | 89.29M |
Australian Strategic Materials Ltd Technical Analysis
Australian Strategic Materials Ltd Peers Comparison
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% | |
47 Neutral | AU$106.31M | -14.62 | -10.46% | ― | -85.84% | 73.66% | |
44 Neutral | AU$91.90M | -7.97 | -8.61% | ― | ― | 42.69% | |
43 Neutral | AU$201.04M | -5.76 | -12.73% | ― | 2.00% | 8.82% | |
41 Neutral | AU$29.56M | -6.98 | -84.97% | ― | -100.00% | 8.51% | |
37 Underperform | AU$25.10M | -1.07 | ― | ― | 71.37% | 82.48% |
Australian Strategic Materials Ltd Corporate Events
Australian Strategic Materials has updated the market on a change in director Rowena Smith’s interests, following the grant of additional FY26 short-term incentive (STI) and long-term incentive (LTI) performance rights at no cash consideration. Smith has been issued 787,097 FY26 STI Performance Rights and 787,097 FY26 LTI Performance Rights, increasing her total holdings of various performance rights and securities in the company, in line with its remuneration and incentive framework to align executive interests with company performance.
The most recent analyst rating on (AU:ASM) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Australian Strategic Materials Ltd stock, see the AU:ASM Stock Forecast page.
Australian Strategic Materials Limited has notified the market of the issue of 4,212,740 unquoted performance rights under its employee incentive scheme, effective 22 December 2025. The additional performance rights, which will not be quoted on the ASX, indicate ASM’s continued use of equity incentives to align employees’ interests with shareholders, potentially leading to future dilution but supporting talent retention and performance-based remuneration.
The most recent analyst rating on (AU:ASM) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Australian Strategic Materials Ltd stock, see the AU:ASM Stock Forecast page.
ASM has announced a significant sale of 60 tonnes of high-purity NdFeB alloy to Noveon Magnetics, reinforcing their strategic relationship and supporting Noveon’s production of US-made permanent magnets. This transaction underscores ASM’s role as a key supplier in the rare earths and critical metals supply chain and highlights their intent to expand manufacturing capabilities in the US, strengthening their position as a non-China supplier.
The most recent analyst rating on (AU:ASM) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Australian Strategic Materials Ltd stock, see the AU:ASM Stock Forecast page.
Australian Strategic Materials Ltd announced that all resolutions presented at their Annual General Meeting were passed by shareholders. The resolutions included the adoption of the remuneration report, re-election and election of directors, issuance of performance rights, and approval of additional placement capacity. These decisions reflect a strong shareholder support for ASM’s strategic direction and governance, potentially enhancing the company’s operational capabilities and market positioning.
The most recent analyst rating on (AU:ASM) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Australian Strategic Materials Ltd stock, see the AU:ASM Stock Forecast page.
Australian Strategic Materials Ltd has announced the quotation of 12,481 fully paid ordinary securities on the Australian Securities Exchange (ASX) as part of an employee incentive scheme. This move is expected to enhance the company’s market presence and provide additional liquidity, potentially benefiting stakeholders by aligning employee interests with company performance.
The most recent analyst rating on (AU:ASM) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Australian Strategic Materials Ltd stock, see the AU:ASM Stock Forecast page.
Australian Strategic Materials Ltd has successfully raised A$55 million through a placement to institutional and sophisticated investors, issuing over 42 million new shares. This capital will be used to enhance alloy production and drive metallisation growth, with further shareholder approvals sought for additional share issues to key stakeholders, including the company’s chair and major shareholders.
The most recent analyst rating on (AU:ASM) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Australian Strategic Materials Ltd stock, see the AU:ASM Stock Forecast page.
Australian Strategic Materials Ltd announced the quotation of 42,292,501 fully paid ordinary securities on the Australian Securities Exchange (ASX) as part of a previously announced transaction. This move is expected to enhance the company’s liquidity and provide additional capital for its strategic initiatives, potentially strengthening its position in the strategic materials market.
The most recent analyst rating on (AU:ASM) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Australian Strategic Materials Ltd stock, see the AU:ASM Stock Forecast page.
Australian Strategic Materials Ltd has reported significant progress in its strategic objectives for the quarter ending September 2025. The company increased production at its Korean Metals Plant to meet rising demand, achieved its first commercial sale of terbium and dysprosium metals, and raised A$55 million to expand production capabilities. ASM is also exploring strategic partnerships to strengthen its position in the rare earth supply chain, while a new Heap Leach Scoping Study aims to accelerate the Dubbo Project’s development. These developments position ASM to capitalize on the growing need for secure critical mineral supply chains amid global geopolitical tensions.
The most recent analyst rating on (AU:ASM) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Australian Strategic Materials Ltd stock, see the AU:ASM Stock Forecast page.
Australian Strategic Materials Ltd announced a change in the director’s interest notice, specifically regarding the lapse of FY23 STI performance rights held by Director Rowena Smith. This adjustment reflects a reduction in her holdings of FY23 LTI Performance Rights, potentially impacting the company’s executive compensation structure and aligning with performance-based incentives. The change does not involve any acquisition or disposal of securities, indicating a strategic decision in managing director-level interests without altering the overall market supply of shares.
The most recent analyst rating on (AU:ASM) stock is a Hold with a A$1.50 price target. To see the full list of analyst forecasts on Australian Strategic Materials Ltd stock, see the AU:ASM Stock Forecast page.
Australian Strategic Materials Ltd has announced the application for the quotation of 6,920 ordinary fully paid securities on the ASX, issued under an employee incentive scheme. This move indicates the company’s efforts to enhance its market presence and incentivize its workforce, potentially strengthening its operational capabilities and stakeholder engagement.
The most recent analyst rating on (AU:ASM) stock is a Hold with a A$1.50 price target. To see the full list of analyst forecasts on Australian Strategic Materials Ltd stock, see the AU:ASM Stock Forecast page.
Australian Strategic Materials Ltd has announced the quotation of new securities on the Australian Securities Exchange (ASX). The company is issuing 917 ordinary fully paid shares, which reflects its ongoing efforts to enhance its capital structure and support its strategic initiatives. This move may impact the company’s market positioning by potentially increasing its liquidity and investor base.
The most recent analyst rating on (AU:ASM) stock is a Hold with a A$1.50 price target. To see the full list of analyst forecasts on Australian Strategic Materials Ltd stock, see the AU:ASM Stock Forecast page.
Australian Strategic Materials Ltd announced a proposed issue of 3,675,001 ordinary fully paid securities, with a planned issue date of December 16, 2025. This move is likely aimed at raising capital to support its operations and strengthen its market position in the strategic materials sector, potentially impacting stakeholders by enhancing the company’s financial flexibility and growth potential.
The most recent analyst rating on (AU:ASM) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Australian Strategic Materials Ltd stock, see the AU:ASM Stock Forecast page.
Australian Strategic Materials Ltd announced a proposed issue of 42,292,501 ordinary fully paid securities, with the issue date set for October 27, 2025. This move is expected to enhance the company’s financial position, potentially impacting its market presence and offering opportunities for stakeholders in the strategic materials sector.
The most recent analyst rating on (AU:ASM) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Australian Strategic Materials Ltd stock, see the AU:ASM Stock Forecast page.
Australian Strategic Materials Ltd (ASM) has successfully raised A$55 million through an institutional placement to support its growth initiatives, particularly the Phase 2 ramp-up at the Korean Metals Plant, which aims to double alloy production capacity. This funding will also advance downstream expansion activities and strategic partnerships to enhance the global rare earth supply chain. The strong investor support, especially from US-based entities, underscores ASM’s growing international reputation and its strategic importance in the rare earth sector amid geopolitical tensions and supply chain disruptions.
The most recent analyst rating on (AU:ASM) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Australian Strategic Materials Ltd stock, see the AU:ASM Stock Forecast page.
Australian Strategic Materials Limited has requested a trading halt on its securities pending an announcement regarding a proposed equity capital raising. This move indicates a potential strategic shift or expansion effort, which could impact the company’s financial structure and market positioning.
The most recent analyst rating on (AU:ASM) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Australian Strategic Materials Ltd stock, see the AU:ASM Stock Forecast page.
Australian Strategic Materials Ltd has announced its 2025 Annual General Meeting, scheduled for November 26, 2025, at The Celtic Club Perth. The company emphasizes the importance of shareholder participation, offering options for proxy voting and online engagement to ensure inclusive decision-making. ASM continues to prioritize environmental sustainability by encouraging electronic communication, aligning with its commitment to positive environmental impacts.
The most recent analyst rating on (AU:ASM) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Australian Strategic Materials Ltd stock, see the AU:ASM Stock Forecast page.