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Ausgold Limited
(Sydney:AUC)
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Rating:46Neutral
Price Target:
AU$0.97
▲(10.92% Upside)
Action:Reiterated
Date:03/21/26
The score is held down primarily by pre-revenue operations with ongoing losses and cash burn, despite a low-debt balance sheet. Technically, the stock is in a downtrend (below key moving averages) with weak momentum, and valuation is constrained by negative earnings and no dividend support.
Positive Factors
Balance sheet strength
Very low leverage and a large equity base materially reduce near-term solvency risk and provide durable financial flexibility. This capital structure supports funding of exploration and technical studies without immediate debt pressure, enabling multi‑month project advancement and strategic optionality.
Negative Factors
Pre-revenue status with widening losses
Being pre-revenue with increasing net losses is a structural weakness: without operating income the company must rely on capital markets or equity to fund activities. Over time widening losses erode equity and increase the probability of dilution unless exploration converts to a producible resource or cash inflows change materially.
Read all positive and negative factors
Positive Factors
Negative Factors
Balance sheet strength
Very low leverage and a large equity base materially reduce near-term solvency risk and provide durable financial flexibility. This capital structure supports funding of exploration and technical studies without immediate debt pressure, enabling multi‑month project advancement and strategic optionality.
Read all positive factors
Ausgold Limited (AUC) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$468.42M
Dividend YieldN/A
Average Volume (3M)1.14M
Price to Earnings (P/E)―
Beta (1Y)1.16
Revenue GrowthN/A
EPS Growth29.23%
CountryAU
Employees3
SectorBasic Materials
Sector Strength58
IndustryGold
Share Statistics
EPS (TTM)-0.03
Shares Outstanding547,859,740
10 Day Avg. Volume1,319,966
30 Day Avg. Volume1,139,774
Financial Highlights & Ratios
PEG Ratio1.44
Price to Book (P/B)2.28
Price to Sales (P/S)0.00
P/FCF Ratio-16.47
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$3.45Price Target Upside296.55% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)-0.06
Revenue Forecast (FY)N/A
Ausgold Limited Business Overview & Revenue Model
Company Description
Ausgold Limited explores for gold and other precious metals in Australia. The company’s flagship property is the 100% owned Katanning gold project, which covers approximately 3,500 square kilometers located in the Katanning Greenstone Belt in the ...
How the Company Makes Money
Ausgold does not typically generate recurring operating revenue in the way a producing miner does; as an exploration and development company, its primary objective is to create value by discovering, defining, and advancing gold deposits toward dev...
Ausgold Limited Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
78
Positive
Cash Flow
22
Negative
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 49.52K | 1.89K | 1.15K |
| Gross Profit | -334.00K | -1.71M | -368.41K | -257.51K | -137.79K | -159.72K |
| EBITDA | -9.62M | -6.27M | -7.75M | -4.87M | -2.43M | -3.34M |
| Net Income | -12.31M | -10.75M | -8.34M | -5.23M | -2.59M | -3.51M |
Balance Sheet | ||||||
| Total Assets | 210.64M | 103.83M | 89.44M | 81.55M | 73.97M | 59.91M |
| Cash, Cash Equivalents and Short-Term Investments | 75.60M | 12.03M | 5.00M | 9.54M | 11.05M | 7.61M |
| Total Debt | 314.96K | 428.35K | 2.78M | 1.02M | 119.25K | 196.36K |
| Total Liabilities | 23.51M | 5.51M | 5.32M | 2.95M | 2.20M | 1.81M |
| Stockholders Equity | 187.13M | 98.32M | 84.12M | 78.59M | 71.78M | 58.10M |
Cash Flow | ||||||
| Free Cash Flow | -31.42M | -13.60M | -19.57M | -12.75M | -12.13M | -9.89M |
| Operating Cash Flow | -2.75M | -2.46M | -2.56M | -2.24M | -1.14M | -1.07M |
| Investing Cash Flow | -34.57M | -11.13M | -16.90M | -10.57M | -11.02M | -8.83M |
| Financing Cash Flow | 94.24M | 20.62M | 15.05M | 11.29M | 15.63M | 16.33M |
Ausgold Limited Technical Analysis
Negative
0.87
Price Trends
0.84
Negative
0.88
Negative
0.94
Negative
Market Momentum
<0.01
Negative
48.81
Neutral
37.44
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:AUC, the sentiment is Negative. The current price of 0.87 is above the 20-day moving average (MA) of 0.85, above the 50-day MA of 0.84, and below the 200-day MA of 0.94, indicating a bearish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 48.81 is Neutral, neither overbought nor oversold. The STOCH value of 37.44 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:AUC.
Ausgold Limited Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
71 Outperform | AU$518.67M | 1.91 | 79.54% | ― | 161.65% | 2191.43% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
50 Neutral | AU$280.51M | 9.49 | 17.19% | ― | ― | ― | |
47 Neutral | AU$412.64M | -17.64 | -25.87% | ― | ― | -11.42% | |
46 Neutral | AU$468.42M | -28.03 | -8.63% | ― | ― | 29.23% | |
43 Neutral | AU$657.29M | -20.00 | -19.18% | ― | ― | -18.50% | |
42 Neutral | AU$351.34M | -2.77 | -33.09% | ― | 2076.67% | -0.61% |
* Basic Materials Sector Average
AU:AUC
Ausgold Limited
0.84
0.29
52.73%
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-18.39%
Ausgold Limited Corporate Events
Ausgold Issues New Unquoted Performance Rights Under Incentive Scheme
Jul 21, 2026
Ausgold Limited has notified the market of the issue of 450,000 unquoted performance rights under its employee incentive scheme, effective July 21, 2026. The grant of these securities, which are not intended to be quoted on the ASX, underscores th...
Ausgold Confirms No Change in Director John Dorward’s Equity Interests
Jul 14, 2026
Ausgold Limited has reported no change in the relevant interests held by director John Dorward, according to an updated director’s interest notice lodged with the ASX. The filing details his existing holdings in Ausgold shares, options and p...
Ausgold Issues New Unquoted Performance Rights Under Employee Incentive Plan
Jul 14, 2026
Ausgold Limited has notified the market of the issue of 2,729,408 unquoted performance rights under its employee incentive scheme, dated July 13, 2026. The new performance rights, which will not be quoted on the ASX, underscore the company’s...
Ausgold trims capital base as 90,000 performance rights lapse
Jul 9, 2026
Ausgold Limited has confirmed the lapse of 90,000 performance rights, after conditions attached to these securities were not met or became incapable of being satisfied by 30 June 2026. The cessation, lodged with the ASX as an Appendix 3H, marginal...
Ausgold accelerates early works at Katanning Gold Project ahead of 2026 investment decision
Jul 5, 2026
Ausgold is pushing ahead with development of its Katanning Gold Project, signing early works agreements with engineering contractor Lycopodium and power provider CrossBoundary Energy to begin detailed design and procurement. The company is also pr...
Ausgold’s Katanning drilling boosts grades and resource growth potential
Jun 16, 2026
Ausgold Limited has reported further thick, high-grade drill results from reverse circulation and diamond drilling at the Central and Northern Zones of its Katanning Gold Project in Western Australia. The work forms part of an expanded campaign ai...
Ausgold Adds Veteran Project Director as Katanning Gold Decision Nears
Jun 8, 2026
Ausgold Limited has appointed experienced mining and energy executive John Sofield as Project Director as it moves toward a final investment decision on its Katanning Gold Project in Western Australia. Sofield brings more than 25 years of internat...
Ausgold Advances Katanning Gold Project With $30m Workforce Village Contract
Apr 30, 2026
Ausgold has signed an engineering, procurement and construction contract with ADD Business Group to build a 250-room workforce accommodation village in the town of Katanning, about 40 kilometres from its Katanning Gold Project. The site, provided ...
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.