Australian Silica Quartz Group (ASQ) AI Stock Analysis

• Market Cap: $4.51M
• Dividend Yield: N/A
• Average Volume (3M): 74.38K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.36
• Revenue Growth: N/A
• EPS Growth: 7.27%
• Country: AU
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 63
• Industry: Aluminum
• EPS (TTM): >-0.01
• Shares Outstanding: 281,860,380
• 10 Day Avg. Volume: 100,904
• 30 Day Avg. Volume: 74,382
• PEG Ratio: 0.23
• Price to Book (P/B): 1.31
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -10.03
• 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: 41 Neutral
• Price Target: ―

Australian Silica Quartz Group faces significant financial and operational challenges, with declining revenues and negative profitability metrics weighing heavily on the overall score. Technical analysis suggests a neutral to bearish outlook, with the stock trading below key moving averages. Valuation metrics are weak due to the lack of profitability and dividend yield. The company needs to improve its revenue generation and operational efficiency to enhance its financial and market standing.

Australian Silica Quartz Group Business Overview & Revenue Model

Company Description

Australian Silica Quartz Group Ltd., together with its subsidiaries, engages in the acquisition, exploration, and development of hard rock quartz and high-grade silica sand. It primarily focuses on exploring the Silica Sands projects around Gingin, Albany, and Esperance. The company also holds interests in hardrock quartz projects that consist of 10 granted exploration licenses and 2 applications covering approximately 1,128 square kilometers within Western Australia and Queensland. In addition, it focuses on exploring nickel, copper, and platinum group elements, as well as bauxite. The company was formerly known as Bauxite Resources Limited and changed its name to Australian Silica Quartz Group Ltd. in November 2019. Australian Silica Quartz Group Ltd. was incorporated in 2006 and is based in Subiaco, Australia.

How the Company Makes Money

ASQ generates revenue primarily through the sale of high-purity silica sand and quartz, which are essential inputs for industries such as glass manufacturing, construction, and electronics. The company's key revenue streams include contracts with domestic and international buyers who require silica sand as a raw material for their production processes. Additionally, ASQ may engage in strategic partnerships or joint ventures with other mining entities to enhance its market reach and operational capabilities. Factors contributing to ASQ's earnings include the global demand for silica-based products, efficient mining and processing operations, and the ability to maintain high-quality standards that meet industry specifications.

Australian Silica Quartz Group Financial Statement Overview

Summary

Australian Silica Quartz Group is encountering significant financial challenges, primarily marked by declining revenues and persistent losses. While the company's balance sheet shows a strong equity base, the lack of profitability and negative cash flows could hinder future operations and growth prospects. The company needs to address its revenue generation issues and improve operational efficiency to enhance financial health.

Income Statement

The company exhibits a negative trend in revenue and profit margins. Total revenue has decreased significantly, and both gross and net profit margins are negative, indicating operational challenges. The EBIT and EBITDA margins are also negative, reflecting profitability issues. The lack of revenue growth suggests difficulty in generating sales.

Balance Sheet

The company maintains a strong equity position with a low debt-to-equity ratio due to minimal debt, which enhances financial stability. However, a decline in total assets and stockholders' equity over time may point to a depleting resource base. The equity ratio remains robust, indicating reliance on equity financing.

Cash Flow

The company faces negative operating cash flow, indicating operational inefficiencies. The free cash flow is also negative, impacting liquidity. Although there is a slight improvement in free cash flow from the previous year, the overall cash flow situation remains challenging, potentially affecting future growth and sustainability.

Breakdown
TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement		Total Revenue
70.54K	91.24K	67.77K	102.33K	76.56K	118.94K
	Gross Profit
70.54K	70.54K	58.62K	99.03K	71.89K	106.36K
	EBIT
-2.16M	-1.60M	-2.75M	-2.26M	-1.89M	-1.15M
	EBITDA
-1.45M	-810.00K	-2.24M	-2.25M	-1.19M	-828.00K
	Net Income Common Stockholders
-1.44M	-831.00K	-2.25M	-1.80M	-1.19M	-841.00K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
1.30M	2.40M	2.96M	4.76M	5.84M	3.28M
	Total Assets
4.88M	6.07M	6.89M	7.42M	8.48M	5.49M
	Total Debt
0.00	50.62K	0.00	0.00	0.00	0.00
	Net Debt
-1.30M	-2.40M	-2.96M	-4.76M	-5.84M	-3.28M
	Total Liabilities
108.69K	254.55K	1.28M	142.51K	108.31K	96.47K
	Stockholders Equity
4.77M	5.81M	5.61M	7.27M	8.37M	5.40M
Cash Flow		Free Cash Flow
-1.60M	-555.43K	-1.80M	-1.06M	-1.02M	-883.80K
	Operating Cash Flow
-1.60M	-552.38K	-1.74M	-1.06M	-1.02M	-882.36K
	Investing Cash Flow
-8.50K	-12.06K	-54.13K	-4.00K	-709.00	41.07K
	Financing Cash Flow
0.00	-135.00	-2.37K	-7.49K	3.58M	0.00

Australian Silica Quartz Group Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.01
• 50DMA: Negative
• 100DMA: Negative
• 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:ASQ, the sentiment is Negative. The current price of 0.01 is below the 20-day moving average (MA) of 0.02, below the 50-day MA of 0.02, and below the 200-day MA of 0.02, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 38.71 is Neutral, neither overbought nor oversold. The STOCH value of 11.11 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:ASQ.

Australian Silica Quartz Group Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CAA	69 Neutral	AU$174.56M	5.59	15.12%	3.81%	-1.09%	5.90%
Sector *	51 Neutral	$1.98B	-1.26	-21.11%	5.99%	2.92%	-30.46%
ABX	43 Neutral	AU$9.82M	―	-16.63%	―	-73.87%	-11.11%
ASQ	41 Neutral	$4.51M	―	-29.68%	―	―	7.27%
ENX	40 Neutral	AU$5.71M	―	-60.44%	―	-100.00%	50.00%
GES	34 Underperform	AU$3.91M	―	-44.52%	―	―	-3.70%
MML		AU$3.37M	―	-59.80%	―	―	―

Australian Silica Quartz Group Corporate Events

Australian Silica Quartz Group Reports Positive Drilling Results and Advances Quartz Projects

Australian Silica Quartz Group Limited reported promising results from its Koolyanobbing Metals Project, highlighting significant gold findings at the Golden Wishbone and EMU targets. The company is seeking partners to further explore these areas, indicating potential growth in its gold exploration activities. Additionally, the company is advancing its Quartz Hill MGSi Project, supported by a $1 million investment from Quinbrook Infrastructure Partners, to finalize a Scoping Study and mining lease application. These developments underscore the company’s strategic focus on expanding its resource base and enhancing its market position in the mining sector.

Australian Silica Quartz Group Advances Koolyanobbing Gold Exploration

Australian Silica Quartz Group Limited has announced significant progress in its Koolyanobbing Gold Projects, particularly at the Golden Wishbone Gold Trend. Recent drilling programs have revealed promising gold mineralization, with notable results from both aircore and reverse circulation drilling. The discovery of gold nuggets at the EMU target further underscores the potential of the area. The company is actively seeking joint venture partners to further explore these promising gold targets, highlighting the underexplored nature of the region and the potential for significant gold discoveries.

ASQ Advances Silica Quartz and Gold Exploration Projects

During the half-year ending December 2024, ASQ concentrated on advancing its hard rock silica quartz projects in Far North Queensland and gold exploration in Western Australia. The company’s strategic focus includes the Quartz Hill Metallurgical Grade Silicon Project in collaboration with Private Energy Partners Pty Ltd and the gold prospects within the Koolyanobbing Metals Project. These initiatives are pivotal for ASQ’s operational growth and industry positioning, potentially enhancing its market presence and stakeholder value.