Aston Minerals Ltd (ASO) AI Stock Analysis

• Market Cap: $32.38M
• Dividend Yield: N/A
• Average Volume (3M): 1.04M
• Price to Earnings (P/E): ―
• Beta (1Y): -0.13
• Revenue Growth: N/A
• EPS Growth: 86.36%
• Country: AU
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 65
• Industry: Industrial Materials
• EPS (TTM): >-0.01
• Shares Outstanding: 1,295,064,200
• 10 Day Avg. Volume: 2,012,101
• 30 Day Avg. Volume: 1,039,186
• PEG Ratio: -0.21
• Price to Book (P/B): 5.36
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -10.34
• 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

• Rating: 40 Underperform
• Price Target: ―

Aston Minerals Ltd is facing notable financial hurdles with persistent losses and a declining asset base. The technical analysis shows mixed signals, and the valuation indicates fundamental weaknesses with a negative P/E ratio. The lack of debt provides some financial stability, but overall, the stock presents significant risks.

Aston Minerals Ltd Business Overview & Revenue Model

Company Description

Aston Minerals Limited engages in the acquisition, exploration, and evaluation of mineral properties in Canada, Australia, Indonesia, and Europe. It primarily explores for cobalt, nickel, copper, and gold deposits. The company holds interest in the Edleston gold and nickel project located to the south of Timmins, Ontario. It also has interests in the Dobsina Project in Slovakia; the Jouhineva Project in Finland; and the Swedish projects. The company was formerly known as European Cobalt Limited and changed its name to Aston Minerals Limited in May 2017. Aston Minerals Limited was incorporated in 2010 and is based in Subiaco, Australia.

How the Company Makes Money

Aston Minerals Ltd generates revenue through the exploration and development of mineral resources, primarily nickel and cobalt. The company seeks to increase its asset value by discovering economically viable mineral deposits, which can then be sold, leased, or developed into operational mines. Revenue streams include the sale of extracted minerals, joint ventures with other mining companies, and potential partnerships with battery manufacturers or technology firms interested in securing a stable supply of these critical materials. Additionally, the company may finance its operations and exploration activities through capital raises and investments from stakeholders.

Aston Minerals Ltd Financial Statement Overview

Summary

Aston Minerals Ltd faces significant financial challenges with persistent losses and a declining asset base. While the company benefits from zero debt, its inability to generate operating profits and positive cash flow is concerning.

Income Statement

Aston Minerals Ltd's income statement shows a declining revenue trend with significant net losses over the periods. The gross profit margin remains positive, but the negative EBIT and net profit margins indicate profitability challenges. The TTM data reveals a slight increase in revenue, but the company continues to struggle with high operating losses.

Balance Sheet

The balance sheet reflects a strong equity position with no debt, resulting in a healthy equity ratio. However, the company's total assets have decreased over time, and the return on equity is negative due to continuous net losses. The absence of debt reduces financial risk, but asset shrinkage and lack of profitability are concerns.

Cash Flow

Cash flow analysis reveals consistent negative free cash flow and operating cash flow, indicating challenges in generating cash from operations. The free cash flow to net income ratio is negative, further reflecting cash generation issues. Despite some financing inflows, cash reserves are declining.

Breakdown
TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement		Total Revenue
192.50K	157.85K	113.38K	22.24K	36.39K	151.32K
	Gross Profit
192.50K	157.85K	97.39K	2.84K	13.30K	124.67K
	EBIT
-2.46M	-6.05M	-25.13M	-24.44M	-26.69M	-1.84M
	EBITDA
-2.44M	-5.87M	-24.75M	-24.06M	-26.37M	-1.46M
	Net Income Common Stockholders
-2.72M	-5.89M	-25.46M	-24.70M	-25.90M	-1.62M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
4.24M	4.81M	1.76M	20.04M	14.29M	9.47M
	Total Assets
4.34M	5.33M	2.04M	21.25M	14.41M	9.58M
	Total Debt
0.00	0.00	0.00	0.00	0.00	0.00
	Net Debt
-3.67M	-4.72M	-1.63M	-19.45M	-13.43M	-9.47M
	Total Liabilities
235.26K	196.77K	1.14M	3.87M	1.82M	153.41K
	Stockholders Equity
4.11M	5.14M	905.03K	17.39M	12.60M	9.43M
Cash Flow		Free Cash Flow
-2.13M	-7.14M	-17.14M	-22.46M	-5.07M	-1.98M
	Operating Cash Flow
-2.13M	-7.14M	-17.13M	-22.42M	-5.07M	-1.98M
	Investing Cash Flow
-3.12K	0.00	-2.69K	-42.30K	-201.14K	54.42K
	Financing Cash Flow
-174.00	10.26M	-434.43K	28.27M	9.23M	0.00

Aston Minerals Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	50 Neutral	$2.00B	-1.13	-21.16%	3.71%	2.15%	-30.95%
ASO	40 Underperform	$32.38M	―	-49.79%	―	―	86.36%
WFRSF		$1.96B	11.84	21.73%	―	―	―
IPGDF		$2.06B	1,408.33	-36.53%	7.28%	―	―
MLXEF		$313.45M	4.61	27.43%	―	―	―
SFRRF		$3.27B	34.38	5.11%	―	―	―

Aston Minerals Ltd Corporate Events

Aston Minerals Dispatches Scheme Booklet for Proposed Merger with Torque Metals

Aston Minerals Limited has announced the dispatch of the Scheme Booklet related to its proposed merger with Torque Metals Limited. This merger, conducted through schemes of arrangement, involves Torque Metals acquiring all shares and options of Aston Minerals. The Scheme Booklet, which includes important details about the merger, has been sent to securityholders, who are advised to review it thoroughly before voting at the upcoming Scheme Meetings. This merger is a significant step for Aston Minerals, potentially impacting its operational dynamics and market positioning.

Aston Minerals and Torque Metals Progress Towards Merger with ASIC Registration

Aston Minerals Limited and Torque Metals Limited have announced the registration of their Scheme Booklet with the Australian Securities and Investments Commission (ASIC), a significant step towards their proposed merger. The merger, conducted through schemes of arrangement, will see Torque Metals acquire all shares and unlisted options of Aston Minerals, subject to certain conditions. The Supreme Court of Western Australia has approved the dispatch of the Scheme Booklet to Aston Minerals’ securityholders, who are encouraged by the company’s directors to vote in favor of the merger, provided no superior proposal arises. The Scheme Booklet will be sent to securityholders on April 22, 2025, with options for electronic or paper access.

Aston Minerals and Torque Metals Move Forward with Merger Plans

Aston Minerals Limited and Torque Metals Limited have announced the Supreme Court of Western Australia’s approval to convene meetings for their proposed merger. The merger, conducted via schemes of arrangement, will see Torque Metals acquire all shares and options of Aston Minerals, pending shareholder approval. The Scheme Meetings are scheduled for May 22, 2025, with the merger becoming effective by May 29, 2025, if approved.

Aston Minerals Announces Director’s Interest Change

Aston Minerals Ltd has announced a change in the director’s interest notice, specifically involving Tolga Kumova. The update reveals that 30,000,000 unlisted options exercisable at $0.20 on or before March 28, 2025, have lapsed unexercised. This change in securities holdings is significant as it reflects the director’s current stake and potential future influence within the company, impacting investor perceptions and the company’s market positioning.

Aston Minerals Ltd Releases Interim Financial Report for 2024

Aston Minerals Ltd has released its interim financial report for the half-year ending December 31, 2024. The report includes key financial statements such as the condensed consolidated statement of profit or loss, financial position, changes in equity, and cash flows. This financial disclosure provides stakeholders with insights into the company’s financial health and operational performance over the past six months, potentially impacting investor confidence and market positioning.