Ausgold Limited (AU:AUC)
ASX:AUC
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Ausgold Limited
(Sydney:AUC)
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Rating:46Neutral
Price Target:
AU$0.97
â–˛(0.00% Upside)
Action:ReiteratedDate: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
Low leverage
Very low debt-to-equity (~0.4% FY2025) materially reduces solvency and interest burden risk. For an exploration developer, this structural balance-sheet strength provides durable financial flexibility to fund drilling and studies without near-term debt pressure, supporting project timelines.
Negative Factors
Pre-revenue operations
No reported revenue across FY2024–FY2025 means the business cannot self-fund activities from sales. Structural reliance on external capital markets and financing cycles creates persistent execution risk and timing uncertainty for moving projects to production over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage
Very low debt-to-equity (~0.4% FY2025) materially reduces solvency and interest burden risk. For an exploration developer, this structural balance-sheet strength provides durable financial flexibility to fund drilling and studies without near-term debt pressure, supporting project timelines.
Read all positive factors
Ausgold Limited (AUC) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$531.42M
Dividend YieldN/A
Average Volume (3M)1.14M
Price to Earnings (P/E)―
Beta (1Y)1.02
Revenue GrowthN/A
EPS Growth1.60%
CountryAU
Employees3
SectorBasic Materials
Sector Strength58
IndustryGold
Share Statistics
EPS (TTM)-0.02
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$3.00Price Target Upside209.33% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)-0.03
Revenue Forecast (FY)AU$666.67K
Ausgold Limited Business Overview & Revenue Model
Company Description
Ausgold Limited explores for gold and other precious metals. The company's flagship property is the Katanning gold project, which covers approximately 4,000 square kilometers located in Katanning greenstone belt in south-western Western Australia....
How the Company Makes Money
null...
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
Positive
0.97
Price Trends
1.04
Negative
1.03
Negative
0.90
Positive
Market Momentum
-0.03
Negative
50.50
Neutral
82.64
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:AUC, the sentiment is Positive. The current price of 0.97 is above the 20-day moving average (MA) of 0.93, below the 50-day MA of 1.04, and above the 200-day MA of 0.90, indicating a neutral trend. The MACD of -0.03 indicates Negative momentum. The RSI at 50.50 is Neutral, neither overbought nor oversold. The STOCH value of 82.64 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive 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 |
|---|---|---|---|---|---|---|---|
72 Outperform | AU$288.05M | 2.58 | 16.50% | 3.30% | 48.57% | 666.83% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
51 Neutral | AU$1.60B | -1.53 | -63.71% | ― | ― | 70.81% | |
47 Neutral | AU$360.21M | -55.21 | -1.74% | ― | ― | 28.13% | |
46 Neutral | AU$531.42M | -15.19 | -8.63% | ― | ― | 1.60% | |
42 Neutral | AU$450.09M | -1.98 | -42.80% | ― | 3078.36% | -93.66% | |
40 Neutral | AU$224.47M | -2.47 | -288.35% | ― | ― | -965.24% |
* Basic Materials Sector Average
AU:AUC
Ausgold Limited
0.97
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Ausgold Limited Corporate Events
Ausgold Director Dorward Lifts Stake Through On-Market Share Purchase
Mar 24, 2026
Ausgold director John Andrew Dorward has increased his indirect shareholding in the company through an on-market purchase conducted via Kautag Pty Ltd as trustee for the Dorward Super Fund. The transaction involved acquiring 33,333 fully paid ordi...
JPMorgan Ceases to Be Substantial Holder in Ausgold Limited
Mar 17, 2026
JPMorgan Chase Co. and its affiliates have lodged a notice that they have ceased to be a substantial holder in Ausgold Limited as of 13 March 2026. The change in substantial holding status follows transactions including rehypothecation of client ...
Ausgold Expands Katanning Drilling After Strong Gold Intercepts
Mar 2, 2026
Ausgold Limited has expanded its drilling campaign at the Katanning Gold Project to 54,000 metres after strong reverse circulation and diamond drilling results from the Central and Southern Zones, including broad and high-grade intercepts at the J...
Ausgold Releases Interim Financial Report for Half-Year to 31 December 2025
Feb 19, 2026
Ausgold Limited has released its interim financial report for the half-year ended 31 December 2025, detailing its financial performance, position, cash flows and changes in equity over the period. The report provides stakeholders with updated insi...
Ausgold Seeks ASX Quotation for 200,000 New Ordinary Shares
Feb 2, 2026
Ausgold Limited has applied for quotation on the ASX of 200,000 new ordinary fully paid shares, issued following the exercise or conversion of existing options or other convertible securities. The relatively small share issue modestly increases th...
Ausgold Issues New Shares Under Employee Incentive Plan and Confirms Regulatory Compliance
Feb 2, 2026
Ausgold Limited has issued 200,000 fully paid ordinary shares following the exercise and conversion of performance rights under its Employee Incentive Plan, effectively increasing its share capital through an equity-based remuneration mechanism. T...
Ausgold Extends High-Grade Gold Mineralisation at Katanning as Four-Rig Drilling Campaign Ramps Up
Jan 26, 2026
Ausgold has reported new assay results from a further 55 reverse circulation drill holes totaling 8,179 metres at the Central Zone of the Katanning Gold Project, confirming existing mineralisation and extending high-grade gold mineralisation beyon...
Ausgold Seeks ASX Quotation for 1.52 Million New Ordinary Shares
Jan 20, 2026
Ausgold Limited has applied to the ASX for quotation of 1,520,000 new fully paid ordinary shares under code AUC, following the exercise or conversion of existing options or other convertible securities. The issuance, dated 19 January 2026, modestl...
Ausgold Issues 1.52 Million New Shares via Option Conversion
Jan 20, 2026
Ausgold Limited has issued 1,520,000 fully paid ordinary shares following the exercise and conversion of unlisted options on 19 January 2026, increasing its total shares on issue without undertaking a new public disclosure document. The company co...
Ausgold Issues 768,750 Unquoted Performance Rights Under Employee Incentive Scheme
Jan 16, 2026
Ausgold Limited has notified the market of the issue of 768,750 unquoted performance rights under its employee incentive scheme, with an issue date of 13 January 2026. The new performance rights, which will not be quoted on the ASX, form part of A...
Ausgold Increases Director John Dorward’s Equity Stake Through New Performance Rights
Jan 16, 2026
Ausgold Limited has disclosed a change in director John Dorward’s relevant interests, following the issue of 768,750 performance rights to an entity associated with him, Gumnut Pty Ltd as trustee for The Maple Trust. The performance rights, ...
Ausgold Completes $30 Million Share Placement to Professional Investors
Jan 15, 2026
Ausgold Limited has completed the issue of 37.5 million fully paid ordinary shares to new and existing professional and sophisticated investors at an issue price of $0.80 per share under a previously announced placement. The company has confirmed ...
Ausgold Boosts Katanning Gold Project Economics and Advances Toward Development
Jan 15, 2026
Ausgold Limited has delivered an updated Definitive Feasibility Study for its 2.44-million-ounce Katanning Gold Project in Western Australia, showing higher forecast life-of-mine production of 1.22 million ounces, stronger early-year output, lower...
Ausgold Seeks ASX Quotation for 37.5 Million New Shares
Jan 14, 2026
Ausgold Limited has applied to the ASX for quotation of 37.5 million new ordinary fully paid shares, to be issued on 16 January 2026 under its existing capital management and listing arrangements. The additional securities, lodged via an Appendix ...
Ausgold Shareholders Back Capital Raising and Chairman Incentives at Extraordinary Meeting
Jan 12, 2026
Ausgold Limited has reported the results of its Extraordinary General Meeting held on 12 January 2026, where shareholders strongly endorsed a series of capital management and incentive resolutions. Investors overwhelmingly ratified the prior issue...
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.