Australian Silica Quartz Group (ASQ) AI Stock Analysis

• Market Cap: AU$5.36M
• Dividend Yield: N/A
• Average Volume (3M): 66.22K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.86
• Revenue Growth: N/A
• EPS Growth: -134.48%
• Country: AU
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Aluminum
• EPS (TTM): >-0.01
• Shares Outstanding: 281,860,380
• 10 Day Avg. Volume: 104,503
• 30 Day Avg. Volume: 66,218
• PEG Ratio: -0.02
• Price to Book (P/B): 1.05
• Price to Sales (P/S): 16.53
• P/FCF Ratio: -2.90
• 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: 46 Neutral
• Price Target: AU$0.02 ▼(-10.00% Downside)

The score is primarily weighed down by persistent losses and recurring negative operating/free cash flow despite a strong FY2025 revenue rebound. Technicals are weak-to-mixed with oversold signals but price remains below key moving averages. Valuation support is limited because the company is loss-making (negative P/E) and no dividend yield is available.

Positive Factors

Debt-Free Balance Sheet

A debt-free balance sheet reduces financial risk and provides the company with greater flexibility to invest in growth opportunities.

Revenue Rebound

The significant revenue increase indicates strong market demand and potential for future growth, improving the company's top-line momentum.

Exploration Progress

Advancements in exploration activities could lead to new revenue streams, enhancing long-term growth prospects and diversifying the business.

Negative Factors

Structural Unprofitability

Persistent unprofitability and negative margins indicate challenges in achieving sustainable operations, posing a risk to long-term viability.

Negative Cash Flow

Consistently negative cash flow highlights the company's inability to self-fund operations, increasing reliance on external funding sources.

Declining Equity

A decline in equity suggests erosion of shareholder value, which can impact investor confidence and the company's ability to raise capital.

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	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	52.01K	273.48K	70.54K	67.77K	102.33K	76.56K
Gross Profit	45.54K	273.48K	70.54K	58.62K	99.03K	71.89K
EBITDA	-1.95M	-1.91M	-810.00K	-2.24M	-1.78M	-1.19M
Net Income	-1.92M	-1.92M	-831.00K	-2.25M	-1.80M	-1.19M
Balance Sheet
Total Assets	4.41M	4.41M	6.07M	6.89M	7.42M	8.48M
Cash, Cash Equivalents and Short-Term Investments	836.76K	836.76K	2.40M	2.96M	4.76M	5.84M
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00
Total Liabilities	100.91K	100.91K	254.55K	1.28M	142.51K	108.31K
Stockholders Equity	4.31M	4.31M	5.81M	5.61M	7.27M	8.37M
Cash Flow
Free Cash Flow	-1.56M	-1.56M	-555.43K	-1.80M	-1.06M	-1.02M
Operating Cash Flow	-1.56M	-1.56M	-552.38K	-1.74M	-1.06M	-1.02M
Investing Cash Flow	0.00	0.00	-12.06K	-54.13K	-4.00K	-709.00
Financing Cash Flow	0.00	0.00	-135.00	-2.37K	-7.49K	3.58M

Australian Silica Quartz Group Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.02
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• 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 0.02 is above the 20-day moving average (MA) of 0.02, above the 50-day MA of 0.02, and above the 200-day MA of 0.02, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 49.46 is Neutral, neither overbought nor oversold. The STOCH value of 10.26 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	78 Outperform	AU$197.32M	6.27	15.05%	3.09%	3.57%	14.89%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
ENX	51 Neutral	AU$57.64M	-12.71	-61.77%	―	―	-45.08%
MML	48 Neutral	AU$11.13M	-1.56	-81.83%	―	―	―
ASQ	46 Neutral	AU$5.36M	-2.79	-37.39%	―	―	-134.48%
ABX	45 Neutral	AU$28.30M	-6.72	-25.50%	―	-100.00%	-182.93%
GES	44 Neutral	AU$4.70M	-3.45	-63.22%	―	―	-7.41%

Australian Silica Quartz Group Corporate Events

Australian Silica Quartz Group Cancels 1 Million Unvested Performance Rights

Australian Silica Quartz Group Ltd has announced the cessation of 1,000,000 ASQAA performance rights after the conditions attached to these securities were not met or became incapable of being satisfied, effective 2 January 2026. The lapse of these conditional rights reduces the company’s potential future share dilution and slightly simplifies its capital structure, with limited immediate operational impact but relevance for existing and prospective shareholders monitoring equity-based incentives and issued capital levels.

The most recent analyst rating on (AU:ASQ) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Australian Silica Quartz Group stock, see the AU:ASQ Stock Forecast page.

Australian Silica Quartz Group Announces Departure of Director Pengfei Zhao

Australian Silica Quartz Group Limited has announced that director Pengfei Zhao ceased to be a director of the company effective 2 January 2026. In connection with his departure, Zhao’s 1,000,000 Tranche 3 Performance Rights will lapse upon cessation of employment, while his indirect interest via his wife, who holds 1,000,000 fully paid ordinary shares, remains unchanged, signalling only a governance and remuneration adjustment rather than a broader shift in the company’s capital structure.

The most recent analyst rating on (AU:ASQ) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Australian Silica Quartz Group stock, see the AU:ASQ Stock Forecast page.

Australian Silica Quartz Group Announces Resignation of Non-Executive Director

Australian Silica Quartz Group has announced the immediate resignation of non-executive director Pengfei (Yorke) Zhao from its board, ending his five-year tenure with the company. Non-executive chair Robert Nash thanked Zhao for his contributions and extended well wishes for his future endeavours, with the move representing a board refresh but no indication of broader strategic or operational changes at this stage.

The most recent analyst rating on (AU:ASQ) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Australian Silica Quartz Group stock, see the AU:ASQ Stock Forecast page.

Australian Silica Quartz Group Announces Director’s Interest Change

Australian Silica Quartz Group Ltd announced a change in the director’s interest, specifically regarding Robert Nash’s holdings. On December 4, 2025, 1,000,000 Tranche 2 Performance Rights expired without meeting the performance hurdle, leaving Nash with 1,245,714 fully paid ordinary shares and 1,000,000 Tranche 3 Performance Rights. This change reflects a reduction in potential future equity for Nash, which may influence his financial stake and the company’s executive compensation structure.

Australian Silica Quartz Group Announces Cessation of Performance Rights

Australian Silica Quartz Group Ltd announced the cessation of 8,666,665 performance rights due to unmet conditions, as per the recent notification. This development may impact the company’s capital structure and could influence stakeholder perceptions regarding future performance and strategic direction.

Sandon Capital Ceases Substantial Holding in Australian Silica Quartz Group

Sandon Capital Pty Limited has ceased to be a substantial holder in Australian Silica Quartz Group Ltd as of December 3, 2025. This change in substantial holding was due to an on-market sale of 44,368,020 shares by Sandon Capital Investments Limited, amounting to $842,992. The cessation of substantial holding may impact the company’s shareholder structure and potentially influence its market dynamics.

Australian Silica Quartz Group Announces 2025 AGM Results

At the 2025 Annual General Meeting, Australian Silica Quartz Group Limited announced the results of three resolutions. Resolution 1, concerning the adoption of the remuneration report, was defeated, while Resolutions 2 and 3, regarding the re-election of directors Mr. Luke Atkins and Mr. Neil Lithgow, were passed. This outcome indicates a mixed response from shareholders, potentially impacting the company’s governance and strategic direction.

Australian Silica Quartz Group Advances Gold Exploration at Koolyanobbing

Australian Silica Quartz Group Limited has reported significant progress in its gold exploration activities at the Koolyanobbing Metals Project, with promising drill results and ongoing exploration planning. The company is seeking strategic partners to further develop these projects, highlighting the potential for substantial gold yields. Additionally, ASQ is conducting metallurgical trials for high-purity quartz production and exploring new sources of metallurgical grade silicon quartz in North Queensland. Financially, the company maintains a stable position with $524k in cash and no debt, though future exploration efforts depend on funding from property sales.

Australian Silica Quartz Group Schedules 2025 AGM with Digital Access

Australian Silica Quartz Group Ltd has announced its Annual General Meeting (AGM) scheduled for November 20, 2025, at its Subiaco, Western Australia office. Shareholders are encouraged to participate either in person or by proxy, with voting instructions required by November 18, 2025. The company is transitioning to electronic distribution of meeting materials, aligning with modern communication practices, and ensuring accessibility for all shareholders.