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Augustus Minerals Limited (AU:AUG)
ASX:AUG
Australian Market
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Augustus Minerals Limited (AUG) AI Stock Analysis

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AU:AUG

Augustus Minerals Limited

(Sydney:AUG)

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Neutral 45 (OpenAI - 5.2)
Rating:45Neutral
Price Target:
AU$0.04
▲(23.33% Upside)
Action:Reiterated
Date:07/02/26
The score is primarily held back by weak financial performance—minimal/zero revenue, ongoing losses, and persistent negative operating/free cash flow—despite improvement in 2025 and a cleaner balance sheet with zero debt. Technical signals are broadly neutral with slight positive momentum, while valuation remains constrained by negative earnings and no dividend yield data.
Positive Factors
Zero debt / reduced leverage
Total debt dropping to zero and positive equity materially reduces financial leverage and interest burden. This structural balance-sheet repair improves solvency and funding flexibility, lowering refinancing risk and giving management more optionality to fund exploration or development without immediate debt pressure.
Negative Factors
Minimal or zero revenue
Minimal or absent revenue means operating economics are unproven and the business cannot self-fund through sales. Over the medium term this forces reliance on external capital to continue exploration and development, preventing the establishment of sustainable margins or internally funded growth.
Read all positive and negative factors
Positive Factors
Negative Factors
Zero debt / reduced leverage
Total debt dropping to zero and positive equity materially reduces financial leverage and interest burden. This structural balance-sheet repair improves solvency and funding flexibility, lowering refinancing risk and giving management more optionality to fund exploration or development without immediate debt pressure.
Read all positive factors

Augustus Minerals Limited (AUG) vs. iShares MSCI Australia ETF (EWA)

Augustus Minerals Limited Business Overview & Revenue Model

Company Description
Augustus Minerals Ltd engages in exploration and development of mineral projects in Western Australia. The company explores for copper, gold, nickel, platinum group metals, molybdenum, rhenium, and lithium deposits, as well as rare earth element. ...
How the Company Makes Money
null...

Augustus Minerals Limited Financial Statement Overview

Summary
Income statement and cash flow quality are very weak, reflecting an early-stage profile with minimal/zero revenue, persistent net losses, and ongoing negative operating and free cash flow. The main offset is improved financial risk in 2025 with debt reduced to zero and a notable reduction in losses and cash burn versus 2024, but profitability and self-funded cash generation are still absent.
Income Statement
12
Very Negative
Balance Sheet
48
Neutral
Cash Flow
18
Very Negative
BreakdownTTMJun 2025Jun 2024Jun 2023Jun 2022Jun 2021
Income Statement
Total Revenue0.000.000.000.000.0061.92K
Gross Profit0.000.00-657.00K-421.00K-375.00K61.92K
EBITDA-667.00-956.00-1.11K10.40M-9.03M-6.00M
Net Income-1.20K-4.05K-33.79M-10.58M-9.44M-6.33M
Balance Sheet
Total Assets12.63K11.95K480.00M493.42M298.34M225.91M
Cash, Cash Equivalents and Short-Term Investments1.07K1.41K17.89M98.64M134.87M110.07M
Total Debt15.000.00169.30M134.80M601.99K112.19K
Total Liabilities284.00418.00183.59M178.25M15.91M3.98M
Stockholders Equity12.35K11.53K296.42M315.17M282.43M221.93M
Cash Flow
Free Cash Flow-2.89K-3.37K-99.04M-134.44M-43.20M-15.45M
Operating Cash Flow-1.06K-810.00-9.65M-7.18M-10.01M-4.70M
Investing Cash Flow-2.00K-2.83K-85.43M-263.25M34.38M-92.24M
Financing Cash Flow1.47K2.03K14.36M249.22M67.43M115.56M

Augustus Minerals Limited Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.03
Price Trends
50DMA
0.04
Positive
100DMA
0.04
Positive
200DMA
0.04
Negative
Market Momentum
MACD
<0.01
Negative
RSI
53.76
Neutral
STOCH
130.56
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:AUG, the sentiment is Positive. The current price of 0.03 is below the 20-day moving average (MA) of 0.04, below the 50-day MA of 0.04, and below the 200-day MA of 0.04, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 53.76 is Neutral, neither overbought nor oversold. The STOCH value of 130.56 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:AUG.

Augustus Minerals Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
61
Neutral
$10.43B7.12-0.05%2.87%2.86%-36.73%
45
Neutral
AU$9.29M-5.15-0.25%72.47%
44
Neutral
AU$4.16M6.0014.24%
44
Neutral
AU$3.91M-1.56-148.04%-17.86%
44
Neutral
AU$6.02M-1.90-20.21%92.65%
43
Neutral
AU$5.11M-0.30-91.53%4.07%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:AUG
Augustus Minerals Limited
0.04
>-0.01
-12.50%
AU:CLZ
Classic Minerals Ltd.
0.01
0.00
0.00%
AU:MQR
Marquee Resources Ltd
0.01
0.00
0.00%
AU:CUL
Cullen Resources Limited
0.01
0.00
0.00%
AU:GES
Genesis Resources Limited
0.01
0.00
0.00%
AU:DM1
Desert Metals Ltd.
0.01
-0.01
-50.00%

Augustus Minerals Limited Corporate Events

Augustus Minerals Launches Diamond Drilling at Music Well as Gold Fields Subsidiary Takes Major Stake
Jul 1, 2026
Augustus Minerals will commence a diamond drilling program at the Clifton East prospect within the Music Well Gold Project to refine its understanding of mineralisation geometry and controls, including dip, strike and key structural features. The ...
Augustus Minerals Confirms Compliance on New ASX Share Issue
May 28, 2026
Augustus Minerals has issued fully paid ordinary shares without a disclosure document under the Corporations Act, and has applied for their quotation on the ASX. The company has confirmed it is up to date with its financial reporting and continuou...
Augustus Minerals Seeks ASX Quotation for 51.6 Million New Shares
May 28, 2026
Augustus Minerals Limited has applied for quotation on the ASX of 51,589,850 new ordinary fully paid shares, to be traded under its existing ticker AUG. The securities, issued on May 28, 2026, expand the company&#8217;s quoted share capital and ma...
Augustus Minerals Options Lapse, Trimming Potential Share Dilution
May 26, 2026
Augustus Minerals Limited has confirmed that 16,772,500 options with an exercise price of $0.30, expiring on 23 May 2026, have lapsed without being exercised. The cessation of these options reduces the potential future dilution of the company&#821...
Augustus Minerals ramps up follow-up drilling at Music Well gold project
May 24, 2026
Augustus Minerals has commenced a follow-up reverse circulation drilling program at the Clifton East prospect within its Music Well Gold Project in Western Australia, targeting the strike and dip extensions of gold mineralisation identified in an ...
Augustus Minerals Director Increases Indirect Shareholding Through On-Market Purchases
May 8, 2026
Augustus Minerals Limited has disclosed a change in the relevant interests of director Brian Rodan following on-market share purchases made through several controlled entities between 1 May and 6 May 2026. Rodan acquired 1,180,012 fully paid ordin...
Augustus Minerals Outlines Exploration Portfolio with Strong Compliance Caveats
May 4, 2026
Augustus Minerals Limited has released a corporate presentation outlining its current portfolio of exploration projects, highlighting gold-focused and related exploration activities at Music Well and Ti-Tree in Western Australia, as well as Mt Kar...
Augustus Minerals Hits Wide Gold Zones in Maiden Music Well Drilling
Apr 29, 2026
Augustus Minerals has reported encouraging maiden drilling results from the Clifton East prospect at its Music Well Gold Project, where 11 reverse circulation holes totaling 1,100m were completed in mid-March. Initial 4m composite assays returned ...
Augustus Minerals Advances Drilling at Music Well and Permitting in PNG Gold Projects
Apr 23, 2026
Augustus Minerals reported quarterly progress across its portfolio, highlighted by completion of reverse circulation drilling at the Clifton East prospect within the Music Well Gold Project north of Leonora. Eleven holes totaling 1,100 metres test...
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.Date of analysis: Jul 02, 2026