Want to see AU:AZY full AI Analyst Report?
Top Page
Antipa Minerals Limited
(Sydney:AZY)
Select Model
Select Model
Rating:56Neutral
Price Target:
AU$0.57
â–¼(-0.53% Downside)
Action:Reiterated
Date:04/17/26
The score is supported mainly by positive technical trend signals (price above key moving averages with constructive momentum). This is tempered by weak financial performance driven by ongoing losses and negative margins, and by valuation concerns given the negative P/E and lack of dividend data.
Positive Factors
Low Leverage / Balance Sheet Strength
Extremely low leverage provides durable financial flexibility for a mineral explorer. It lowers bankruptcy and interest-rate risk, supports ongoing drilling programs and JV negotiations, and gives management scope to fund operations or pursue strategic partnerships without urgent external financing.
Negative Factors
Negative Profitability Margins
Persistent negative EBIT and net margins show the company is not yet operationally profitable. Over the medium term this raises the need for continued external capital or dilution, constrains reinvestment, and signals structural cost or revenue-conversion issues that must be resolved for sustainable returns.
Read all positive and negative factors
Positive Factors
Negative Factors
Low Leverage / Balance Sheet Strength
Extremely low leverage provides durable financial flexibility for a mineral explorer. It lowers bankruptcy and interest-rate risk, supports ongoing drilling programs and JV negotiations, and gives management scope to fund operations or pursue strategic partnerships without urgent external financing.
Read all positive factors
Antipa Minerals Limited (AZY) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$401.66M
Dividend YieldN/A
Average Volume (3M)2.10M
Price to Earnings (P/E)―
Beta (1Y)1.86
Revenue GrowthN/A
EPS Growth19.27%
CountryAU
Employees14
SectorBasic Materials
Sector Strength58
IndustryOther Precious Metals
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding663,896,800
10 Day Avg. Volume3,193,618
30 Day Avg. Volume2,100,552
Financial Highlights & Ratios
PEG Ratio-0.04
Price to Book (P/B)3.67
Price to Sales (P/S)460.75
P/FCF Ratio-31.34
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$1.00Price Target Upside75.44% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)>-0.01
Revenue Forecast (FY)N/A
Antipa Minerals Limited Business Overview & Revenue Model
Company Description
Antipa Minerals Limited is an Australian firm primarily engaged in the exploration and identification of mineral deposits. The company's efforts are focused on uncovering valuable resources such as gold, copper, silver, uranium, and tungsten. It h...
How the Company Makes Money
null...
Antipa Minerals Limited Financial Statement Overview
Summary
Income Statement
45
Neutral
Balance Sheet
55
Neutral
Cash Flow
50
Neutral
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 428.95K | 782.89K | 216.17K | 18.10K | 549.87K | 756.84K |
| Gross Profit | 364.60K | 782.89K | 216.17K | -103.13K | 442.28K | 680.96K |
| EBITDA | -7.84M | -3.91M | -2.70M | -3.15M | -5.75M | -3.48M |
| Net Income | -5.65M | -5.34M | -2.44M | -3.25M | -5.86M | -3.56M |
Balance Sheet | ||||||
| Total Assets | 140.57M | 103.69M | 81.05M | 71.19M | 63.92M | 72.92M |
| Cash, Cash Equivalents and Short-Term Investments | 51.17M | 36.48M | 8.04M | 5.80M | 7.87M | 33.65M |
| Total Debt | 232.39K | 252.38K | 341.84K | 419.25K | 485.87K | 542.82K |
| Total Liabilities | 2.45M | 5.44M | 2.39M | 2.63M | 4.22M | 11.50M |
| Stockholders Equity | 138.12M | 98.25M | 78.65M | 68.56M | 59.70M | 61.42M |
Cash Flow | ||||||
| Free Cash Flow | -7.27M | -11.51M | -9.73M | -12.56M | -24.41M | -4.71M |
| Operating Cash Flow | -1.26M | -2.02M | -1.84M | -2.60M | -1.71M | -834.69K |
| Investing Cash Flow | -30.98M | 7.75M | -7.90M | -10.95M | -24.34M | -2.61M |
| Financing Cash Flow | 46.93M | 22.72M | 11.98M | 11.47M | 270.76K | 30.05M |
Antipa Minerals Limited Technical Analysis
Positive
0.57
Price Trends
0.60
Positive
0.62
Positive
0.62
Positive
Market Momentum
<0.01
Negative
64.99
Neutral
90.14
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:AZY, the sentiment is Positive. The current price of 0.57 is below the 20-day moving average (MA) of 0.58, below the 50-day MA of 0.60, and below the 200-day MA of 0.62, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 64.99 is Neutral, neither overbought nor oversold. The STOCH value of 90.14 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:AZY.
Antipa Minerals Limited Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
56 Neutral | AU$401.66M | -73.60 | -4.78% | ― | ― | 19.27% | |
48 Neutral | AU$550.40M | 17.49 | 5.36% | ― | 1.53% | ― | |
48 Neutral | AU$373.52M | -24.01 | -22.04% | ― | ― | -106.06% | |
48 Neutral | AU$433.65M | 45.69 | 2.48% | ― | ― | -93.36% | |
44 Neutral | AU$210.40M | -2.95 | -117.09% | ― | ― | -432.83% | |
44 Neutral | AU$561.88M | -356.25 | -1.01% | ― | ― | 68.42% |
* Basic Materials Sector Average
AU:AZY
Antipa Minerals Limited
0.65
0.09
16.07%
AU:MTM
Mt Monger Resources Ltd.
0.33
-0.37
-53.19%
AU:29M
29metals Ltd.
0.32
0.06
24.03%
AU:MM8
Medallion Metals Ltd
0.49
0.22
81.48%
AU:SMI
Santana Minerals Ltd.
0.55
-0.03
-5.17%
AU:CEL
Challenger Exploration Limited
2.66
0.56
26.67%
Antipa Minerals Limited Corporate Events
Antipa Minerals Issues New Shares Following Option Exercise
Aug 4, 2026
Antipa Minerals Limited has issued 84,524 new ordinary shares on 4 August 2026 following the exercise of previously unquoted options. The company has notified the ASX that these shares were issued without a prospectus under the Corporations Act di...
Antipa Minerals Lists Additional Shares on ASX
Aug 4, 2026
Antipa Minerals Limited has applied for quotation of 84,524 new ordinary fully paid shares on the ASX, under its existing ticker AZY. The securities were issued on August 4, 2026, as part of an exercise or conversion of existing options or other c...
Antipa Reaffirms Minyari Dome Potential and JORC-Compliant Reporting
Aug 3, 2026
Antipa Minerals has released an investor presentation outlining its strategic focus on a dominant, wholly owned landholding in the Paterson Province, centred on the Minyari Dome gold-copper development project. The company highlights that all figu...
Antipa Minerals Strengthens Telfer-Style Targets with Tim’s Dome Drill Results
Aug 2, 2026
Antipa Minerals reported Phase 1 drilling results from the Minyari Gold-Copper Project, highlighted by broad gold-copper-lead-silver mineralisation at Tim’s Dome over roughly 500 metres of strike. The mineralisation sits directly above a sub...
Antipa boosts Minyari resources and ramps up drilling in WA Paterson Province
Jul 28, 2026
Antipa Minerals reported a significant upgrade to the Mineral Resource Estimate at its Minyari Project in Western Australia, lifting total resources to 69Mt at 1.33 g/t gold for 3.6 Moz gold equivalent and boosting the Minyari Dome resource to 51M...
Antipa Minerals Issues New Shares Following Option Exercises
Jul 22, 2026
Antipa Minerals Limited has issued 163,382 new ordinary shares on 22 July 2026 following the exercise of previously unquoted options. The company has notified the ASX that these shares were issued without a prospectus under the Corporations Act, a...
Antipa Minerals Adds 163,382 New Shares to ASX Quotation
Jul 22, 2026
Antipa Minerals Limited has lodged an application with the ASX for quotation of newly issued ordinary fully paid shares under its AZY ticker. The announcement covers the listing of 163,382 additional shares, expanding the company’s quoted eq...
Antipa Minerals Reaffirms Minyari Dome Development Potential in Investor Update
Jul 21, 2026
Antipa Minerals has released an investor-focused document highlighting its strong strategic position in the Paterson Province through full ownership of a large landholding anchored by the Minyari Dome gold-copper development project. The presentat...
Antipa extends Fiama North lode as multi-rig drilling ramps up at Minyari
Jul 12, 2026
Antipa Minerals has reported initial 2026 drilling results from its Minyari Gold-Copper Project, confirming that the newly identified Fiama North lode now extends about 160 metres along strike and 200 metres below surface while remaining open in a...
Antipa Minerals Issues New Shares Following Option Exercise
Jul 7, 2026
Antipa Minerals has issued 683,661 new ordinary shares on 7 July 2026 following the exercise of previously unquoted options. The company confirmed that the shares were issued without a prospectus under relevant Corporations Act provisions and that...
Antipa Minerals Director Exercises Options, Lifts Indirect Shareholding
Jul 7, 2026
Antipa Minerals has disclosed a change in director Roger Craig Mason’s indirect interests, following the exercise of 75,000 unlisted options at $0.20 each held through the Newport Superannuation Fund. The transaction converted these options ...
Antipa Minerals Adds New Shares to ASX Quoted Capital
Jul 7, 2026
Antipa Minerals Limited has lodged an application with the ASX for the quotation of 683,661 new ordinary fully paid shares. The securities, issued on July 7, 2026, modestly increase the company’s quoted capital base, potentially supporting o...
Antipa Minerals Issues New Unquoted Employee Incentive Securities
Jul 7, 2026
Antipa Minerals has issued 3,537,181 unquoted ZEPO securities expiring on July 6, 2030 under an employee incentive scheme. The move increases unquoted equity tied to long-term incentives, aligning staff rewards with future company performance and ...
Antipa Minerals Tightens Performance Links With New Zero-Price Options
Jul 7, 2026
Antipa Minerals Ltd has approved the issue of zero exercise price options to key employees under its existing incentive option plan as long-term rewards for the 2027 financial year. The company also plans to seek shareholder approval later this ye...
Antipa Confirms Conventional Processing Pathway and Enhanced Pit Design for Minyari Dome
Jul 7, 2026
Antipa Minerals has updated its announcement on pre-feasibility study test-work for the Minyari Dome Gold-Copper Project after incorporating additional technical disclosures requested by the ASX. The company reports that metallurgical test-work co...
Antipa PFS Test Work Backs Conventional Processing, Deeper Open Pits at Minyari
Jul 5, 2026
Antipa Minerals has reported that pre-feasibility metallurgical test work confirms its Minyari Dome mineralisation can be treated via a conventional gold-copper processing route, delivering strong gold recoveries of 89% to 98% across oxide, transi...
Antipa Minerals Options Lapse Trims Potential Future Equity
Jun 19, 2026
Antipa Minerals Limited has reported a change in its capital structure following the lapse of 400,000 options, each exercisable at $0.51 and due to expire on September 30, 2028. The options ceased on June 12, 2026 because the conditions attached t...
Antipa Minerals seeks ASX quotation for additional ordinary shares
May 25, 2026
Antipa Minerals Limited has applied for quotation on the ASX of 280,000 new ordinary fully paid shares under its AZY ticker. The securities, issued on May 25, 2026 following the exercise or conversion of existing options or other convertible secur...
Antipa Minerals Highlights Minyari Dome Position and Reaffirms Project Assumptions
May 10, 2026
Antipa Minerals has released an investor presentation emphasising its strong strategic position in the Paterson Province, underpinned by full ownership of a substantial land package and the Minyari Dome gold-copper development project. The company...
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.