Australian Silica Quartz Group (AU:ASQ)
ASX:ASQ
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Australian Silica Quartz Group
(Sydney:ASQ)
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Rating:51Neutral
Price Target:
AU$0.02
▲(10.00% Upside)
Action:ReiteratedDate:04/03/26
The score is held down primarily by weak financial performance—ongoing losses and accelerating cash burn—despite the benefit of a debt-free balance sheet. Technicals are comparatively strong with a clear uptrend and positive momentum, but valuation remains constrained by negative earnings and no dividend support.
Positive Factors
Debt-free balance sheet
A zero-debt capital structure meaningfully reduces financing cost and solvency risk, giving management flexibility to fund operations or invest via equity or cash. Over 2-6 months this structural strength lowers immediate bankruptcy risk and preserves optionality for growth financing.
Negative Factors
Persistent negative cash flow
Continual operating and free cash outflows increase short- and medium-term funding risk. Persistent cash burn forces reliance on external financing or equity dilution, constraining ability to invest in capacity or R&D and raising execution risk until breakeven is reached.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-free balance sheet
A zero-debt capital structure meaningfully reduces financing cost and solvency risk, giving management flexibility to fund operations or invest via equity or cash. Over 2-6 months this structural strength lowers immediate bankruptcy risk and preserves optionality for growth financing.
Read all positive factors
Australian Silica Quartz Group (ASQ) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$6.20M
Dividend YieldN/A
Average Volume (3M)66.22K
Price to Earnings (P/E)―
Beta (1Y)1.41
Revenue GrowthN/A
EPS Growth27.45%
CountryAU
Employees5
SectorBasic Materials
Sector Strength58
IndustryAluminum
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding281,860,380
10 Day Avg. Volume104,503
30 Day Avg. Volume66,218
Financial Highlights & Ratios
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 CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
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...
How the Company Makes Money
Australian Silica Quartz Group generates revenue through the sale of industrial-grade silica and quartz materials extracted from its mining operations. The company's revenue streams primarily include selling these raw materials to industries such ...
Australian Silica Quartz Group Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
62
Positive
Cash Flow
14
Very Negative
| Breakdown | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 273.48K | 70.54K | 67.77K | 102.33K | 76.56K |
| Gross Profit | 273.48K | 70.54K | 58.62K | 99.03K | 71.89K |
| EBITDA | -1.91M | -810.00K | -2.24M | -1.78M | -1.19M |
| Net Income | -1.92M | -831.00K | -2.25M | -1.80M | -1.19M |
Balance Sheet | |||||
| Total Assets | 4.41M | 6.07M | 6.89M | 7.42M | 8.48M |
| Cash, Cash Equivalents and Short-Term Investments | 836.76K | 2.40M | 2.96M | 4.76M | 5.84M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 100.91K | 254.55K | 1.28M | 142.51K | 108.31K |
| Stockholders Equity | 4.31M | 5.81M | 5.61M | 7.27M | 8.37M |
Cash Flow | |||||
| Free Cash Flow | -1.56M | -555.43K | -1.80M | -1.06M | -1.02M |
| Operating Cash Flow | -1.56M | -552.38K | -1.74M | -1.06M | -1.02M |
| Investing Cash Flow | 0.00 | -12.06K | -54.13K | -4.00K | -709.00 |
| Financing Cash Flow | 0.00 | -135.00 | -2.37K | -7.49K | 3.58M |
Australian Silica Quartz Group Technical Analysis
Neutral
0.02
Price Trends
0.02
Negative
0.02
Positive
0.02
Positive
Market Momentum
<0.01
Positive
42.60
Neutral
3.70
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:ASQ, the sentiment is Neutral. The current price of 0.02 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 neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 42.60 is Neutral, neither overbought nor oversold. The STOCH value of 3.70 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for AU:ASQ.
Australian Silica Quartz Group Peers Comparison
UnderperformOutperform
Sector (61)
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% | |
51 Neutral | AU$6.20M | -3.06 | -25.39% | ― | ― | 27.45% | |
48 Neutral | AU$6.14M | -2.94 | -36.71% | ― | ― | 25.33% | |
46 Neutral | AU$9.24M | -8.41 | -26.29% | ― | ― | 76.73% | |
44 Neutral | AU$12.09M | -4.17 | 110.58% | ― | ― | 90.94% | |
43 Neutral | AU$6.44M | -2.02 | -42.24% | ― | ― | 40.33% | |
42 Neutral | AU$7.84M | -2.84 | -0.03% | ― | ― | ― |
* Basic Materials Sector Average
AU:ASQ
Australian Silica Quartz Group
0.02
<0.01
22.22%
AU:IND
Industrial Minerals Limited
0.12
-0.02
-14.29%
AU:WYX
Pacific Bauxite Limited
0.04
<0.01
17.14%
AU:RWD
Reward Minerals Limited
0.04
>-0.01
-12.00%
AU:MML
Allup Silica Ltd.
0.02
-0.02
-50.00%
AU:SQX
SQX Resources Limited
0.10
0.02
25.00%
Australian Silica Quartz Group Corporate Events
ASQ moves into kaolin with White Swan deal and capital raise
Apr 29, 2026
Australian Silica Quartz Group has agreed to acquire private explorer Australian Kaolin Pty Ltd for $2 million in shares, adding the White Swan Kaolin Project and its inferred 47 million tonne kaolin resource on a newly granted mining lease near t...
Australian Silica Quartz Clears Trade for $655,000 Share Placement
Apr 29, 2026
Australian Silica Quartz Group has issued 32,750,000 new fully paid ordinary shares at $0.02 each to professional and sophisticated investors under a placement first announced on 21 April 2026. The company has confirmed the shares were issued with...
Australian Silica Quartz Issues 2 Million Unlisted Options
Apr 29, 2026
Australian Silica Quartz Group Ltd has issued 2,000,000 unlisted options exercisable at $0.04 each, with a term allowing exercise at any time before 29 April 2028. The options are part of an unquoted securities class not intended to trade on the A...
Australian Silica Quartz Seeks Quotation for 32.75 Million New Shares
Apr 29, 2026
Australian Silica Quartz Group Ltd has applied to the ASX for quotation of 32,750,000 new ordinary fully paid shares, to be issued on April 29, 2026. The move expands the company’s listed securities base, potentially broadening its sharehold...
Australian Silica Quartz Plans Issue of Up to 100 Million New Shares
Apr 21, 2026
Australian Silica Quartz Group has notified the ASX of a proposed placement or similar issue of up to 100 million new fully paid ordinary shares. The company plans to issue these securities on 9 June 2026, indicating a significant prospective expa...
Australian Silica Quartz Group Plans Equity Placement and Option Issue
Apr 21, 2026
Australian Silica Quartz Group has outlined plans to issue up to 37.5 million new fully paid ordinary shares and 2 million unlisted options exercisable at 4 cents within 24 months. The proposed placement, scheduled for issue on 28 April 2026, is i...
ASQ Moves to Acquire White Swan Kaolin Project in All-Share Deal
Apr 21, 2026
Australian Silica Quartz Group has agreed to acquire private explorer Australian Kaolin Pty Ltd in an all-share deal valued at about A$2 million, securing the 47-million-tonne inferred White Swan Kaolin resource near the port of Esperance. The tra...
Australian Silica Quartz Seeks Trading Halt for Major Deal and Equity Raising
Apr 17, 2026
Australian Silica Quartz Group has requested and been granted a trading halt in its securities on the ASX, effective from 17 April 2026, while it prepares to announce the results of a substantial acquisition and an equity raising. The halt will re...
Australian Silica Quartz Group Maintains Exploration Focus in Interim 2025 Report
Feb 26, 2026
Australian Silica Quartz Group has released its interim financial report for the half-year ended 31 December 2025, highlighting its continued emphasis on exploring hard rock silica quartz deposits in Far North Queensland and Western Australia. The...
Australian Silica Quartz Director Reduces Shareholding via Off‑Market Transfer
Feb 9, 2026
Australian Silica Quartz Group has disclosed a change in director Neil Lithgow’s interests following an off‑market share transfer. Lithgow’s total holding of fully paid ordinary shares decreased by 1.8 million to 23,285,148 share...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.