Avira Resources Ltd (AVW) AI Stock Analysis

• Market Cap: AU$5.78M
• Dividend Yield: N/A
• Average Volume (3M): 574.94K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.32
• Revenue Growth: N/A
• EPS Growth: 29.31%
• Country: AU
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Other Precious Metals
• EPS (TTM): >-0.01
• Shares Outstanding: 525,000,000
• 10 Day Avg. Volume: 715,503
• 30 Day Avg. Volume: 574,941
• PEG Ratio: >-0.01
• Price to Book (P/B): 0.37
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -1.97
• 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: 44 Neutral
• Price Target: AU$0.01 ▲(20.00% Upside)

The score is primarily held back by weak financial performance (recurring losses and persistent cash burn with minimal/volatile revenue). Technical indicators are mildly bearish/neutral, offering limited support. Valuation is also constrained by negative earnings and no provided dividend yield.

Positive Factors

Conservative leverage / low debt

Low or no debt materially reduces solvency and interest burden, providing enduring financial flexibility. For a company with recurring losses, minimal leverage lowers short-term default risk and gives management time to execute restructuring or funding plans without immediate debt servicing pressures.

Positive and stable shareholder equity

A consistent equity buffer near A$2.9–3.0m offers a durable solvency cushion against ongoing losses. This stable capital base supports continued operations, reduces bankruptcy likelihood, and preserves optionality for asset monetisation or equity raises as strategic choices over the coming months.

Listed on ASX with material trading volume

Public listing and reasonable average liquidity improve access to equity capital and broader investor pools. Given the company's cash burn, persistent market access is a durable strategic strength: it enables potential placements or rights issues to fund operations or projects without relying solely on asset sales.

Negative Factors

Persistent operating losses

Sustained negative EBIT/EBITDA indicates the core business is not generating operating returns, eroding shareholder value over time. Without a credible path to profitable operations, the firm will struggle to self-fund growth, impairing reinvestment capacity and increasing reliance on external financing.

Chronic negative cash flow

Recurring negative operating and free cash flows are a structural concern: they force reliance on equity raises or asset disposals to sustain activity. Over 2–6 months this limits strategic options, increases dilution risk, and constrains investment in exploration or projects that could restore profitability.

Minimal, volatile revenue (dropped to zero)

An almost nonexistent and inconsistent revenue base undermines operating leverage and forecasting. With revenues volatile or absent, achieving scale or positive margins is unlikely without material business change, making near-term recovery of profitability and sustainable cash generation uncertain.

Avira Resources Ltd Business Overview & Revenue Model

Company Description

Avira Resources Limited, together with its subsidiaries, explores for, evaluates, and develops mineral properties in Australia. It explores for gold, copper, manganese, lithium, and other base metals. The company holds interests in the Mt Macpherson and Throssel Range projects located in the Paterson Range province in north Western Australia; and the Wyloo project that consists of five exploration licenses covering an area of 586 square kilometers located in Ashburton region of Western Australia. It also has an option to acquire interest in the Yule River Lithium Project that covering an area of 9.5 square kilometers located in Marble Region of Western Australia. The company was formerly known as Avira Energy Limited and changed its name to Avira Resources Limited in November 2017. Avira Resources Limited was incorporated in 2008 and is headquartered in Subiaco, Australia.

How the Company Makes Money

Avira Resources Ltd generates revenue primarily through the exploration and potential development of mineral resources. The company makes money by discovering and advancing mineral projects towards production, which can lead to either selling these projects to larger mining companies or entering into joint ventures or partnerships. These strategic collaborations can provide Avira with funding and shared expertise for further exploration and development. Additionally, the company may raise capital through equity financing, issuing shares to investors to fund its exploration activities. As these projects advance and potentially move towards production, Avira could earn revenues through the sale of extracted minerals or by monetizing its interests in these projects.

Avira Resources Ltd Financial Statement Overview

Summary

Overall fundamentals are weak: persistent losses with negative EBIT/EBITDA, minimal/volatile revenue (including dropping to zero in 2025), and ongoing negative operating/free cash flow. The main offset is a relatively conservative balance sheet with little to no debt and positive equity, which reduces solvency risk but does not fix poor profitability and cash burn.

Income Statement

Operating performance remains weak, with persistent losses across the period and negative EBIT/EBITDA every year provided. Revenue is minimal and volatile—dropping to zero in 2025 (annual) after a small 2024 base—limiting operating leverage and visibility. While gross profit is occasionally positive when revenue appears, overall profitability is structurally negative, and margins are not supportive given recurring net losses.

Balance Sheet

The balance sheet is relatively conservative from a leverage standpoint, with essentially no debt in most years and very low debt when present, which reduces financial risk. Equity is positive and broadly stable in the A$2.9–3.0m range recently, supporting solvency. The main weakness is value creation: returns on equity are consistently negative, indicating ongoing losses are eroding shareholder value despite low leverage.

Cash Flow

Cash generation is consistently negative, with operating cash flow below zero every year shown, implying ongoing cash burn to sustain operations. Free cash flow is also negative throughout, and although burn improves in 2025 versus 2024, it remains meaningfully negative. With losses continuing and cash flow not self-funding, the business likely depends on external financing or asset sales to sustain activity.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	3.53K	0.00	28.75K	0.00	94.14K	10.00K
Gross Profit	-3.65K	-7.18K	28.75K	-5.75K	92.36K	10.00K
EBITDA	-587.41K	-638.35K	-539.00K	-1.28M	-914.47K	-1.10M
Net Income	-645.59K	-645.53K	-716.00K	-1.29M	-916.00K	-1.05M
Balance Sheet
Total Assets	1.94M	1.94M	1.80M	1.90M	2.93M	821.58K
Cash, Cash Equivalents and Short-Term Investments	348.82K	348.82K	522.12K	1.07M	2.44M	304.62K
Total Debt	0.00	0.00	0.00	3.65K	3.65K	3.65K
Total Liabilities	114.47K	114.47K	3.99K	155.09K	134.83K	261.33K
Stockholders Equity	3.00M	3.00M	2.96M	2.91M	3.96M	1.73M
Cash Flow
Free Cash Flow	-610.82K	-569.25K	-1.28M	-1.54M	-1.07M	-1.18M
Operating Cash Flow	-569.25K	-569.25K	-624.67K	-830.81K	-1.07M	-1.18M
Investing Cash Flow	-77.63K	-77.63K	-655.59K	-704.70K	0.00	210.00K
Financing Cash Flow	482.24K	482.24K	756.70K	193.74K	3.15M	523.42K

Avira Resources Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
AS2	51 Neutral	AU$10.79M	-0.34	-93.45%	―	―	27.01%
OCT	50 Neutral	AU$6.11M	-1.22	-55.11%	―	―	-164.12%
DUN	48 Neutral	AU$6.79M	-3.87	-25.70%	―	-100.00%	80.33%
M3M	46 Neutral	AU$6.26M	-1.05	-135.06%	―	―	30.99%
GCR	45 Neutral	AU$2.19M	-9.09	-28.11%	―	―	―
AVW	44 Neutral	AU$5.78M	-2.68	-21.67%	―	―	29.31%

Avira Resources Ltd Corporate Events

Avira Secures High-Grade Mt Cattlin Gold Project and Advances Exploration Plans

Avira Resources has completed the acquisition of the Mt Cattlin Gold Project in Western Australia, securing mineral rights (excluding pegmatites) over an advanced gold exploration asset adjacent to the Mt Cattlin Lithium Mine. Historical production of 23,006 tonnes at an average grade of 24.56 g/t gold underscores the project’s strong gold endowment and strategic value within a well-known mineral belt.

During the December 2025 quarter, Avira carried out a comprehensive two-day field inspection at Mt Cattlin, confirming the majority of drill collar locations at the Sirdar and Maori Queen deposits and validating three high-priority gold prospects with strong geological potential. Site access was confirmed as suitable for upcoming drilling, with no significant impediments identified, while heritage and environmental approvals are progressing. Alongside this operational work, the company completed a $2.5 million capital raising and advanced exploration planning at its Tangadee Project, strengthening its capacity to fund and execute near-term exploration programs.

The most recent analyst rating on (AU:AVW) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Avira Resources Ltd stock, see the AU:AVW Stock Forecast page.

Avira Readies High-Grade Mt Cattlin Gold Drilling and Accelerates Tangadee Exploration

Avira Resources has submitted a Program of Works for a systematic drilling campaign at its Mt Cattlin Gold Project, targeting high-grade extensions to existing gold mineralisation and prioritising the Sirdar and Maori Queen deposits along with the high-grade Plantagenet–Ellendale–Revival trend. Underpinned by a newly consolidated and validated historical geological database, drilling is scheduled to begin in late Q1/early Q2 2026, while at the Tangadee Project the company is advancing exploration through detailed aeromagnetic and VTEM data review, planning moving loop electromagnetic surveys, and potential drill testing of high-value nickel-copper and copper-zinc anomalies, positioning Avira for an active 2026 exploration program and potentially enhancing its resource base and project pipeline.

The most recent analyst rating on (AU:AVW) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Avira Resources Ltd stock, see the AU:AVW Stock Forecast page.

Avira Resources Announces Key Board Restructuring

Avira Resources Limited has announced changes to its board, with James Robinson transitioning to the role of Executive Director and David Deloub moving to a Non-Executive Director position. These changes are part of the company’s ongoing efforts to strengthen its leadership team and enhance its strategic direction, potentially impacting its operational efficiency and market positioning.

Avira Resources Announces Director’s Interest Change

Avira Resources Limited announced a change in the director’s interest, with David Wheeler acquiring 12,500,000 quoted options as part of his director remuneration package. This issuance, approved at the company’s AGM, reflects Avira’s commitment to aligning director incentives with company performance, potentially impacting the company’s strategic direction and stakeholder interests.

Avira Resources Announces Director’s Increased Stake

Avira Resources Limited has announced a change in the director’s interest, specifically regarding James Robinson’s indirect holdings. The change involves the acquisition of 3,000,000 fully paid ordinary shares and 25,000,000 AVWOB options, which were issued as part of an incentive component of director remuneration. This adjustment in holdings could potentially impact the company’s governance and strategic decisions as it reflects a significant increase in the director’s stake.

Avira Resources Issues 25 Million Unquoted Options

Avira Resources Ltd has announced the issuance of 25 million unquoted options set to expire on December 31, 2027, with an exercise price of $0.015. This issuance is part of a previously announced transaction and is not intended to be quoted on the ASX, potentially impacting the company’s financial strategies and stakeholder interests by increasing its equity base.

Avira Resources Issues New Shares and Options with Compliance Assurance

Avira Resources Limited has issued fully paid ordinary shares and options without disclosure under Part 6D.2 of the Corporations Act 2001. The company confirms compliance with relevant provisions of the Act and states there is no excluded information that investors would expect in a disclosure document, indicating a transparent approach to its securities issuance.

Avira Resources Issues 20 Million Unquoted Performance Rights

Avira Resources Ltd announced the issuance of 20 million unquoted Performance Rights under a new class, set to expire on December 5, 2028. This issuance is part of a previously announced transaction and is not intended to be quoted on the ASX, potentially impacting the company’s equity structure and stakeholder interests.

Avira Resources Ltd Announces Quotation of New Securities

Avira Resources Ltd has announced the application for the quotation of 100,000,000 securities, specifically options expiring on June 30, 2027, on the Australian Securities Exchange (ASX). This move is part of a series of transactions previously disclosed to the market, indicating a strategic effort to enhance the company’s financial instruments available for trading. The issuance of these securities could potentially impact Avira’s market positioning by increasing liquidity and offering stakeholders additional investment opportunities.

Avira Resources Ltd Announces Quotation of New Securities

Avira Resources Ltd has announced the issuance of 20 million fully paid ordinary securities, which will be quoted on the Australian Securities Exchange (ASX) under the code AVW. This move is part of a previously announced transaction and may impact the company’s market presence by potentially increasing liquidity and shareholder base.

Avira Resources Ltd Announces Proposed Issue of Securities

Avira Resources Ltd has announced a proposed issue of 25 million options, expiring on December 31, 2027, with an exercise price of $0.015. This move is part of a strategic placement aimed at raising capital, which could enhance the company’s operational capabilities and strengthen its market position.

Avira Resources Issues New Shares, Affirms Compliance

Avira Resources Limited has announced the issuance of fully paid ordinary shares without the need for disclosure under Part 6D.2 of the Corporations Act 2001. The company has confirmed compliance with relevant statutory provisions and stated that there is no excluded information that investors would expect in a disclosure document. This move is part of Avira’s ongoing efforts to manage its capital structure and enhance its market positioning.

Avira Resources Issues 75 Million Unquoted Performance Rights

Avira Resources Ltd has announced the issuance of 75 million unquoted performance rights, divided into three new classes, each with an expiry date of December 3, 2027. This move is part of a previously announced transaction and is not intended to be quoted on the ASX, potentially impacting the company’s equity structure and stakeholder interests.

Avira Resources Ltd Announces Quotation of 25 Million Securities

Avira Resources Ltd has announced the quotation of 25,000,000 ordinary fully paid securities on the ASX, effective December 3, 2025. This move is part of previously announced transactions and is expected to enhance the company’s market presence and liquidity, potentially benefiting stakeholders by increasing the availability of its shares.

Avira Resources Announces New Securities Issuance

Avira Resources Ltd has announced a new issuance of 215,500,000 ordinary fully paid securities, which will be quoted on the Australian Securities Exchange (ASX) under the code AVW. This move is part of a previously announced transaction and could potentially impact the company’s market presence and stakeholder interests by increasing its capital base.

Avira Resources Completes Strategic Acquisition and Capital Raising

Avira Resources Limited has completed the acquisition of Prowse Commodities Pty Ltd, securing an option to acquire a 100% interest in gold and other mineral rights on exploration licence E74/401, excluding pegmatite minerals. This strategic move enhances Avira’s portfolio, particularly in the Mt Cattlin Gold Project, and is complemented by the completion of a capital raising initiative that generated $2,155,000. The acquisition and capital raise are expected to bolster Avira’s exploration capabilities and strengthen its position in the mining industry.

Avira Resources Successfully Passes All AGM Resolutions

Avira Resources Limited announced that all resolutions presented at its Annual General Meeting were passed by the required majority. This includes approvals for various share and option issuances related to placements and project acquisitions, which could enhance the company’s strategic positioning and operational capabilities.

Avira Resources Advances Mt Cattlin Gold Project with Successful Field Visit

Avira Resources Limited announced a successful field visit to the Mt Cattlin Gold Project, confirming the potential for significant gold exploration. The inspection verified drill collar locations, assessed site access, and validated geological settings, paving the way for upcoming drilling programs. The company is advancing technical planning and environmental approvals, positioning itself for rapid progression in its exploration activities.