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Austin Metals Limited (AU:AYT)
ASX:AYT
Australian Market

Austin Metals Limited (AYT) AI Stock Analysis

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AU:AYT

Austin Metals Limited

(Sydney:AYT)

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Neutral 46 (OpenAI - 5.2)
Rating:46Neutral
Price Target:
AU$0.01
▲(100.00% Upside)
The score is primarily weighed down by weak financial performance—persistent losses and negative operating/free cash flow—despite the benefit of having no debt. Technical and valuation inputs are not available, limiting confirmation from market signals or valuation support.
Positive Factors
Debt-Free Balance Sheet
A debt-free balance sheet reduces financial risk and provides flexibility, allowing the company to invest in growth opportunities without the burden of interest payments.
Strategic Focus on Gold Exploration
The focus on refining gold exploration models and targeting new discoveries can enhance long-term value by unlocking significant resource potential and improving the company's strategic position in the gold sector.
Leadership Change
The appointment of an experienced Managing Director with a focus on exploration can drive strategic initiatives and potentially lead to successful project developments, enhancing shareholder value.
Negative Factors
Consistent Negative Cash Flow
Persistent negative cash flow indicates the company is consuming cash rather than generating it, which can limit its ability to fund operations and growth without external financing.
Declining Revenue
A significant decline in revenue suggests challenges in maintaining market share or demand, which can impact long-term profitability and strategic initiatives.
Eroding Equity
Eroding equity due to ongoing losses can weaken the company's financial stability and limit its ability to attract investment or finance future projects.

Austin Metals Limited (AYT) vs. iShares MSCI Australia ETF (EWA)

Austin Metals Limited Business Overview & Revenue Model

Company DescriptionAustin Metals Limited discovers, explores, delineates, and develops base and precious metals in Australia. The company explores for copper, gold, zinc, lead, and silver deposits. The company's flagship project is the Austin Gold Project in the Murchison greenstone province of Western Australia. It holds interests in the Copper Blow project, the Razorback West project, Broken Hills, project, and Yalcowinna project located in the New South Wales. The company also holds interests in the Wellington project situated to the south of Boda; and the Tindery project located in New South Wales. The company was formerly known as Silver City Minerals Limited and changed its name to Austin Metals Limited in December 2021. Austin Metals Limited was incorporated in 2008 and is based in Subiaco, Australia.
How the Company Makes MoneyAustin Metals Limited generates revenue through the sale of its metal products to a diverse client base across multiple industries. The company's primary revenue streams include direct sales of metal products to construction companies, automotive manufacturers, and other industrial clients who require raw materials for their operations. Additionally, AYT engages in the processing and recycling of scrap metals, which not only supports sustainable practices but also provides an additional source of income. Strategic partnerships with suppliers and distributors further enhance the company's market reach and distribution capabilities, contributing significantly to its earnings.

Austin Metals Limited Financial Statement Overview

Summary
Austin Metals Limited is facing operational challenges with inconsistent revenue growth and negative profit margins. The balance sheet is strong with no debt and a high equity ratio, but cash flow issues and negative ROE highlight significant financial hurdles.
Income Statement
Austin Metals Limited has shown inconsistent revenue growth, with a notable decrease in revenue from 2021 to TTM (Trailing-Twelve-Months). The company is currently experiencing negative EBIT and EBITDA margins, indicating ongoing operational challenges. Furthermore, negative net profit margins highlight persistent profitability issues.
Balance Sheet
The balance sheet of Austin Metals Limited is relatively strong, with no debt, which eliminates leverage risk. The equity ratio is high, indicating a solid capital structure. However, the negative net income affects the return on equity, resulting in negative ROE.
Cash Flow
The company is facing cash flow challenges, as evidenced by negative free cash flow and operating cash flow. While the firm is generating cash through financing activities, its capacity to generate free cash flow remains a concern, reflecting potential sustainability issues in funding its operations.
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue18.70K18.70K16.29K12.66K1.41K51.68K
Gross Profit18.70K18.70K16.29K12.66K1.41K48.51K
EBITDA-406.03K-406.03K-481.31K-494.16K-127.75K-994.21K
Net Income-6.72M-6.72M-738.51K-588.13K-773.55K-997.38K
Balance Sheet
Total Assets11.20M11.20M16.28M15.00M15.39M8.43M
Cash, Cash Equivalents and Short-Term Investments1.06M1.06M1.34M946.57K2.14M2.29M
Total Debt0.000.000.000.000.000.00
Total Liabilities518.82K518.82K123.46K225.43K120.87K75.86K
Stockholders Equity10.68M10.68M16.16M14.77M15.27M8.36M
Cash Flow
Free Cash Flow-1.50M-1.50M-1.34M-1.19M-1.23M-927.01K
Operating Cash Flow-435.98K-435.98K-488.48K-443.06K-600.10K-516.90K
Investing Cash Flow-1.06M-1.06M-854.12K-746.58K-2.58M-405.62K
Financing Cash Flow1.21M1.21M1.74M0.003.03M2.56M

Austin Metals 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%
54
Neutral
AU$17.42M-6.65-18.01%20.70%
52
Neutral
AU$12.54M-6.44-12.18%
48
Neutral
AU$11.83M-1.37-81.40%20.65%80.26%
46
Neutral
AU$8.73M-6.67-9.11%6.25%
46
Neutral
AU$7.92M-76.38%
46
Neutral
AU$9.90M-50.07%-733.33%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:AYT
Austin Metals Limited
AU:TAS
Tasman Resources
0.03
0.01
66.67%
AU:VAR
Variscan Mines Limited
0.01
0.00
0.00%
AU:CHR
Charger Metals NL
0.14
0.08
125.00%
AU:EEL
Kopore Metals Ltd
AU:PL3
Patagonia Lithium Limited
0.09
0.00
0.00%

Austin Metals Limited Corporate Events

Austin Metals Sharpens BIF-Hosted Gold Model at Brunswick Hill to Target New Discoveries
Dec 29, 2025

Austin Metals has refined a Vadrians-style BIF-hosted gold model at its Brunswick Hill prospect within the Austin Gold Project, underpinned by recent shallow high-grade drill intercepts and historical results that point to a structurally controlled, sulphide-associated gold system in oxide-facies jaspilite and magnetite–chert BIF. With more than 2km of prospective BIF strike largely untested and geophysical interpretation and ground validation planned for early 2026 to define new drill targets, the work materially advances the company’s exploration framework and could unlock significant new gold discoveries, reinforcing the strategic potential of its underexplored Murchison landholding.

Austin Metals Issues 396 Million New Shares Under Tranche 1 Placement
Dec 18, 2025

Austin Metals Limited has issued 396 million fully paid ordinary shares as part of the first tranche of a previously announced placement, expanding its quoted share capital on the Australian Securities Exchange. The company confirmed that the shares were issued without a prospectus under relevant Corporations Act provisions and stated it is in compliance with its continuous disclosure and financial reporting obligations, with no excluded information outstanding, providing regulatory clarity for investors and the market.

Austin Metals Limited Announces Issuance of 396M Securities on ASX
Dec 18, 2025

Austin Metals Limited has announced the issuance of 396,000,000 fully paid ordinary securities, which are now officially quoted on the Australian Securities Exchange (ASX). This move signals a significant development in the company’s financial trajectory, potentially bolstering its market presence and providing opportunities for enhanced investor engagement.

Austin Metals Enhances Focus on Gold Exploration with Asset Sale
Dec 10, 2025

Austin Metals Limited has completed the sale of its Broken Hill exploration licenses to Kingfisher Mining Ltd for $400,000, comprising cash and shares. This strategic divestment allows Austin to concentrate on its Austin Gold Project, supported by a recent capital raise, enhancing its financial position and enabling high-impact exploration programs aimed at delivering value for shareholders.

Kingfisher Mining Completes Strategic Acquisition of NSW Project Portfolio
Dec 10, 2025

Kingfisher Mining Limited has completed the acquisition of a strategic portfolio of Copper-Gold, Gold, and Silver-Lead-Zinc projects from Austin Metals Limited, located in the Broken Hill, Cobar, and Macquarie Arc regions of New South Wales. This acquisition, approved by shareholders and following thorough due diligence, positions Kingfisher to immediately commence exploration activities, with drilling set to begin at the Copper Blow Project. The acquisition strengthens Kingfisher’s exploration capabilities and enhances its exposure to critical and precious metal targets, with a post-acquisition cash balance of approximately $2.7 million.

Austin Metals Limited Announces Major Securities Issuance
Dec 10, 2025

Austin Metals Limited announced a proposed issue of securities, including 300 million unlisted options and 600 million ordinary fully paid shares, set to be issued on December 17, 2025. This move is expected to enhance the company’s capital structure and potentially improve its market position, offering new opportunities for stakeholders.

Austin Metals Limited Announces Proposed Securities Issue
Dec 10, 2025

Austin Metals Limited has announced a proposed issue of securities, including unlisted options and ordinary fully paid shares, scheduled for issuance on January 30, 2026. This strategic move is intended to strengthen the company’s financial standing and potentially improve its market positioning, offering stakeholders new investment opportunities.

$3M Placement Boosts Austin Metals’ Exploration Efforts
Dec 10, 2025

Austin Metals Limited has announced a $3 million placement to accelerate exploration at its Austin Gold Project in Western Australia. The funds will be used to advance exploration efforts, particularly focusing on the Mt Sandy and Brunswick Hill Prospects, with drilling set to begin in early 2026. The placement was well-supported by investors and will be conducted in two tranches, with the first raising $1.98 million and the second subject to shareholder approval. This initiative aims to capitalize on new BIF-hosted gold targets, enhancing the company’s strategic position in the region.

Austin Metals Limited Requests Trading Halt for Capital Raising Announcement
Dec 8, 2025

Austin Metals Limited, listed on the ASX under the ticker AYT, has requested a trading halt on its securities pending an announcement related to a proposed capital raising. The halt is expected to be lifted by the commencement of trading on December 10, 2025, or upon the release of the announcement. This move indicates a strategic financial maneuver by the company, potentially impacting its market operations and stakeholders.

Director Change at Austin Metals Limited
Dec 5, 2025

Austin Metals Limited announced the cessation of Paul L’Herpiniere as a director effective December 2, 2025. This change involves the transfer of his interests in securities, including 10,000,000 unquoted options and shares held through Tyava Superannuation Fund. The transition may impact the company’s governance and stakeholder interests.

Austin Metals Appoints Michael Moore as Managing Director to Lead Exploration Efforts
Dec 1, 2025

Austin Metals Limited has appointed Michael Moore as the new Managing Director, effective December 2, 2025. Moore, a seasoned mining engineer with over 20 years of experience, will lead the company’s exploration programs at the Austin Gold Project, aiming to advance the project towards commercial development. This strategic leadership change is expected to enhance the company’s exploration efforts and create sustainable shareholder value. Additionally, Paul L’Herpiniere has resigned as Non-Executive Director but will continue as a technical geological consultant.

Austin Metals Limited Successfully Passes All AGM Resolutions
Nov 27, 2025

Austin Metals Limited announced that all resolutions proposed at its Annual General Meeting were passed by the required majority. This includes the adoption of the Remuneration Report, re-election of a director, approval of a 10% placement facility, adoption of an Employee Securities Incentive Plan, and renewal of proportional takeover provisions. These approvals are likely to support the company’s strategic initiatives and governance practices, potentially impacting its operational efficiency and shareholder value.

Austin Metals Streamlines Focus with Strategic Divestment and Promising Gold Discoveries
Oct 31, 2025

Austin Metals Limited has announced a strategic divestment of its Broken Hill tenement package to Kingfisher Mining Ltd for $400,000, allowing the company to focus on its Western Australian gold assets while retaining potential upside through equity in Kingfisher. Additionally, recent drilling at the Mt Sandy prospect revealed significant shallow gold intercepts, indicating a substantial gold system and extending the mineralisation strike to approximately 1km, with further exploration planned to expand high-grade zones and test new trends.

Austin Metals Limited Announces 2025 Annual General Meeting Details
Oct 27, 2025

Austin Metals Limited has announced the details of its upcoming Annual General Meeting, which will be held on November 27, 2025, in Perth, Western Australia. Shareholders are encouraged to attend in person or vote by proxy, with voting to be conducted by poll. The meeting will address various resolutions, and shareholders are advised to review the accompanying documents and seek professional advice if needed.

Austin Metals Limited Strengthens Corporate Governance Framework
Sep 30, 2025

Austin Metals Limited has announced its commitment to adhere to the ASX Corporate Governance Council’s Fourth Edition of Principles and Recommendations for the financial year starting July 2024. The company has adopted a Board Charter outlining the roles and responsibilities of its Board and management, ensuring transparency and accountability. This move is expected to strengthen its corporate governance framework, potentially enhancing its reputation and trust among stakeholders.

Austin Metals Limited Releases Financial Statements for June 2025
Sep 30, 2025

Austin Metals Limited has released its financial statements for the period ending June 30, 2025. The report includes various financial documents such as the statement of profit or loss, financial position, changes in equity, and cash flows, providing a comprehensive overview of the company’s financial health. This release is crucial for stakeholders to assess the company’s performance and make informed decisions.

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: Dec 30, 2025