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Antipa Minerals Limited (AU:AZY)
ASX:AZY
Australian Market

Antipa Minerals Limited (AZY) AI Stock Analysis

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AU:AZY

Antipa Minerals Limited

(Sydney:AZY)

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Neutral 53 (OpenAI - 4o)
Rating:53Neutral
Price Target:
AU$0.68
▲(11.48% Upside)
Antipa Minerals Limited shows strong technical momentum, with the stock trading above key moving averages and a bullish RSI. However, the company's financial performance is hindered by negative profitability and cash flow challenges, reflected in a low financial performance score. The valuation is unattractive due to a negative P/E ratio and lack of dividend yield. These factors collectively result in a moderate overall stock score.
Positive Factors
Revenue Growth
The substantial revenue growth indicates strong potential in exploration activities, suggesting successful project developments and increased investor interest.
Balance Sheet Strength
A low debt-to-equity ratio reflects financial stability and reduces risk, providing flexibility to invest in exploration and development activities.
Cash Flow Improvements
Improved free cash flow suggests better cash management and potential for funding future exploration projects, enhancing long-term growth prospects.
Negative Factors
Profitability Challenges
Consistent negative margins highlight ongoing operational challenges, which could hinder sustainable growth and investor confidence over time.
Negative Returns on Equity
Negative returns on equity indicate inefficiencies in using shareholder funds, potentially impacting long-term shareholder value and attractiveness.
Operational Cash Flow Concerns
Negative operational cash flow suggests difficulties in covering expenses from core operations, posing risks to financial health and project funding.

Antipa Minerals Limited (AZY) vs. iShares MSCI Australia ETF (EWA)

Antipa Minerals Limited Business Overview & Revenue Model

Company DescriptionAntipa Minerals Limited engages in the mineral exploration business in Australia. It primarily explores for gold, copper, silver, uranium, and tungsten deposits. The company holds 100% interests in the Minyari Dome project covering an area of 144 square kilometers located in the Paterson Province; Wilki project totaling an area of 2,200 square kilometers located in Western Australia; and Paterson project covering an area of 1,550 square kilometers located in the southern part of the Paterson Province. The company was incorporated in 2010 and is based in West Perth, Australia.
How the Company Makes MoneyAntipa Minerals generates revenue primarily through the exploration and development of its mineral assets. The company typically does not produce significant revenue from mining operations, as it is focused on exploration stages. Revenue generation may occur through partnerships and joint ventures with larger mining firms, which can provide funding and shared resources for exploration. Additionally, the company may benefit from any increases in mineral resource valuations, which can attract investment and funding for further exploration activities. Strategic partnerships with industry players and potential future production agreements are key factors contributing to its earnings potential.

Antipa Minerals Limited Financial Statement Overview

Summary
Antipa Minerals Limited shows strong revenue growth but faces significant profitability challenges with negative margins. The balance sheet is strong with low leverage, yet the company struggles to generate positive returns on equity. Cash flow improvements are notable, but operational cash flow remains a concern.
Income Statement
45
Neutral
Antipa Minerals Limited has shown a significant revenue growth rate of 1223.86% in the latest year, which is a positive indicator. However, the company is struggling with profitability, as evidenced by negative net profit margins (-6.83%) and EBIT margins (-5.03%). The consistent negative margins suggest ongoing operational challenges.
Balance Sheet
55
Neutral
The company maintains a very low debt-to-equity ratio of 0.0026, indicating minimal leverage and financial risk. However, the return on equity is negative (-5.44%), reflecting challenges in generating returns for shareholders. The equity ratio is relatively stable, suggesting a solid asset base.
Cash Flow
50
Neutral
Antipa Minerals Limited has seen a 38.95% growth in free cash flow, which is a positive sign. However, the operating cash flow to net income ratio is negative, indicating cash flow challenges. The free cash flow to net income ratio is high at 5.69, suggesting that the company is generating cash flow despite net losses.
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue782.89K782.89K216.17K18.10K549.87K756.84K
Gross Profit782.89K782.89K216.17K-103.13K442.28K680.96K
EBITDA-3.91M-3.91M-2.70M-3.15M-5.75M-3.48M
Net Income-5.34M-5.34M-2.44M-3.25M-5.86M-3.56M
Balance Sheet
Total Assets103.69M103.69M81.05M71.19M63.92M72.92M
Cash, Cash Equivalents and Short-Term Investments36.48M36.48M8.04M5.80M7.87M33.65M
Total Debt252.38K252.38K341.84K419.25K485.87K542.82K
Total Liabilities5.44M5.44M2.39M2.63M4.22M11.50M
Stockholders Equity98.25M98.25M78.65M68.56M59.70M61.42M
Cash Flow
Free Cash Flow-11.51M-11.51M-9.73M-12.56M-24.41M-4.71M
Operating Cash Flow-2.02M-2.02M-1.84M-2.60M-1.71M-834.69K
Investing Cash Flow7.75M7.75M-7.90M-10.95M-24.34M-2.61M
Financing Cash Flow22.72M22.72M11.98M11.47M270.76K30.05M

Antipa Minerals Limited Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price0.61
Price Trends
50DMA
0.62
Negative
100DMA
0.62
Negative
200DMA
0.58
Positive
Market Momentum
MACD
<0.01
Positive
RSI
48.89
Neutral
STOCH
14.34
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:AZY, the sentiment is Neutral. The current price of 0.61 is below the 20-day moving average (MA) of 0.61, below the 50-day MA of 0.62, and above the 200-day MA of 0.58, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 48.89 is Neutral, neither overbought nor oversold. The STOCH value of 14.34 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for AU:AZY.

Antipa 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%
53
Neutral
AU$336.03M-55.67-6.04%-76.36%
45
Neutral
AU$548.93M-6.47-8.58%28.45%79.93%
45
Neutral
AU$619.35M-275.93-1.99%42.55%
36
Underperform
AU$407.22M900.000.41%
32
Underperform
AU$577.38M-12.37-150.61%-186.15%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:AZY
Antipa Minerals Limited
0.61
0.33
117.86%
AU:STK
Strickland Metals Ltd
0.18
0.10
125.00%
AU:MTM
Mt Monger Resources Ltd.
0.86
0.66
330.00%
AU:29M
29metals Ltd.
0.42
0.18
75.00%
AU:LRV
Larvotto Resources Limited
1.18
0.71
148.42%
AU:SMI
Santana Minerals Ltd.
0.78
0.33
73.33%

Antipa Minerals Limited Corporate Events

Antipa Minerals Issues New Shares Following Option Exercise
Nov 25, 2025

Antipa Minerals Limited has issued 24,087 ordinary shares following the exercise of unquoted options, as announced under section 708A(5)(e) of the Corporations Act 2001. This issuance was conducted without disclosure to investors under Part 6D.2 of the Act, and the company confirms compliance with relevant provisions, indicating transparency and adherence to regulatory standards, which may positively impact stakeholder confidence.

Antipa Minerals Expands Capital with New ASX Quotation
Nov 25, 2025

Antipa Minerals Limited announced the quotation of 24,087 ordinary fully paid securities on the Australian Securities Exchange (ASX) as of November 25, 2025. This move is part of the company’s strategy to enhance its capital structure by exercising options or converting other securities, potentially impacting its financial flexibility and market positioning.

Antipa Minerals Director Acquires New Options
Nov 25, 2025

Antipa Minerals Limited has announced a change in the director’s interest, with Mark Trevor Rodda acquiring 1,350,000 unlisted options exercisable at $0.86 each on or before 24 November 2029. This acquisition reflects a strategic move to potentially enhance the director’s stake in the company, which may influence the company’s future financial strategies and stakeholder interests.

Antipa Minerals Limited Issues New Unquoted Securities
Nov 25, 2025

Antipa Minerals Limited has announced the issuance of 4,950,000 unquoted securities, specifically options expiring on November 24, 2029, with an exercise price of $0.86. This move is part of the company’s strategy to enhance its capital structure and potentially fund future exploration projects, which could strengthen its position in the mineral exploration sector and provide opportunities for stakeholders.

Antipa Minerals Successfully Passes All Resolutions at AGM
Nov 25, 2025

Antipa Minerals Limited held its Annual General Meeting on November 25, 2025, where all proposed resolutions were successfully passed. The approval of these resolutions, including the election and re-election of directors and the issuance of options, signifies strong shareholder support and positions the company for continued growth and strategic development in the mineral exploration sector.

Antipa Minerals Highlights Development Potential of Minyari Dome Project
Nov 24, 2025

Antipa Minerals Limited has released an update on its Minyari Dome Gold-Copper Development Project, emphasizing its potential for development. The company highlights its dominant landholding in the Paterson Province and confirms that there are no new material changes to the assumptions and technical parameters of the project. This announcement reinforces Antipa’s strategic positioning in the mining sector and its commitment to advancing its projects, which could have significant implications for stakeholders and the company’s future operations.

Antipa Minerals Announces Director’s Change in Securities Interest
Nov 19, 2025

Antipa Minerals Limited has announced a change in the interests of its director, Mark Trevor Rodda. The announcement details the expiration of 1,200,000 unlisted options previously held indirectly through Sodelu Pty Ltd, with no new acquisitions reported. This change may impact the company’s governance and financial strategy, as it reflects adjustments in the director’s investment portfolio related to the company’s securities.

Antipa Minerals Issues 3.5 Million New Shares
Nov 14, 2025

Antipa Minerals Limited has issued 3,500,000 ordinary shares following the exercise of unquoted options, without disclosure to investors under Part 6D.2 of the Corporations Act. This issuance, compliant with relevant provisions of the Corporations Act, indicates Antipa’s strategic financial maneuvers to enhance its capital structure, potentially impacting its market positioning and stakeholder interests.

Antipa Minerals Limited Issues 3.5 Million New Securities
Nov 14, 2025

Antipa Minerals Limited has announced the issuance of 3,500,000 new ordinary fully paid securities, which are set to be quoted on the Australian Securities Exchange (ASX) under the code AZY. This move is part of the company’s strategy to capitalize on exercised options or converted securities, potentially strengthening its financial position and supporting its ongoing exploration and development projects.

Antipa Minerals Issues 700,000 Unlisted Employee Incentive Options
Nov 14, 2025

Antipa Minerals Limited has announced the issuance of 700,000 unlisted employee incentive options as part of its employee incentive scheme. This move is likely to impact the company’s operations by potentially enhancing employee motivation and retention, while also aligning their interests with the company’s long-term goals.

Antipa Minerals Confirms Development Potential of Minyari Dome Project
Nov 10, 2025

Antipa Minerals Limited has released an update confirming the development potential of its Minyari Dome Project, a significant asset in the Paterson Province. This announcement underscores the company’s strategic positioning in the gold-copper sector and highlights its ongoing commitment to advancing its projects, which could have implications for stakeholders in terms of future growth and investment opportunities.

Antipa Minerals Reports High-Grade Gold Intersections at Minyari Project
Nov 9, 2025

Antipa Minerals Limited has reported promising assay results from its Minyari Gold-Copper Project, highlighting significant high-grade gold intersections at the Fiama and Minyari deposits. These results, part of the ongoing CY2025 drilling program, suggest strong resource growth potential within the Minyari Dome system, reinforcing the project’s development prospects. The drilling program aims to expand existing mineral resources and advance pre-feasibility study workstreams, with further assay results expected to bolster the project’s scale and quality.

Antipa Minerals Expands Share Base with New Issuance
Oct 27, 2025

Antipa Minerals Limited has issued 6,002,123 ordinary shares following the exercise of unquoted options, as announced to the ASX. This move, executed without disclosure to investors under Part 6D.2 of the Corporations Act, reflects Antipa’s compliance with relevant legal provisions and indicates a strategic step in enhancing its financial positioning and operational capabilities.

Antipa Minerals Limited Announces Quotation of New Securities
Oct 27, 2025

Antipa Minerals Limited has announced the quotation of 6,002,123 new ordinary fully paid securities on the ASX, effective from October 27, 2025. This move is part of the company’s strategy to exercise options or convert other securities, potentially impacting its market position and providing new opportunities for stakeholders.

Antipa Minerals Advances Minyari Dome Project with New Discoveries and Strong Financial Position
Oct 26, 2025

Antipa Minerals Limited reported significant progress in its exploration and development activities for the quarter ending September 2025. The company achieved notable success in its Phase 1 exploration program, with extensions to known mineralization and new high-grade gold zones identified at multiple sites, including Fiama and Rizzo. The Pre-Feasibility Study (PFS) for the Minyari Dome Development Project is progressing with key activities such as metallurgical test work and environmental studies. Additionally, Antipa completed a successful equity placement raising A$40 million and appointed Neil Warburton as a Non-Executive Director, ending the quarter with a strong cash position of A$61.4 million.

Antipa Minerals Schedules Annual General Meeting for November 2025
Oct 22, 2025

Antipa Minerals Limited has announced its upcoming annual general meeting, scheduled for November 25, 2025, at the Forrest Centre in Perth, Australia. Shareholders are encouraged to attend in person or participate by lodging proxy forms and submitting questions in advance. This meeting is crucial for shareholders as it affects their shareholding, and the company has made all necessary documents available online to facilitate participation.

Antipa Minerals Announces Director’s Interest Change
Oct 15, 2025

Antipa Minerals Limited announced a change in the director’s interest, specifically involving Mark Trevor Rodda. The notice details the acquisition and disposal of securities, indicating an adjustment in Rodda’s indirect interests through entities such as Sodelu Pty Ltd and Napier Capital Pty Ltd. This change reflects ongoing management of shareholdings and options, which could impact the company’s governance and stakeholder interests.

Antipa Minerals Issues New Shares Following Option Exercise
Oct 15, 2025

Antipa Minerals Limited has announced the issuance of over three million ordinary shares following the exercise of unquoted options. This move, disclosed under section 708A(5)(e) of the Corporations Act, indicates the company’s compliance with relevant regulatory requirements and suggests a strategic step to enhance its capital structure, potentially impacting its market position and providing opportunities for stakeholders.

Antipa Minerals Limited Announces Quotation of New Securities
Oct 15, 2025

Antipa Minerals Limited has announced the quotation of 3,012,725 fully paid ordinary securities on the Australian Securities Exchange, effective October 15, 2025. This move is part of the company’s strategy to enhance its market presence and liquidity, potentially impacting its operations and providing opportunities for stakeholders.

Antipa Minerals Announces Director’s Increased Shareholding
Oct 3, 2025

Antipa Minerals Limited has announced a change in the director’s interest, specifically involving Roger Craig Mason, who has acquired additional shares through a placement following shareholder approval. This change reflects an increase in Mason’s indirect interest in the company, suggesting a potential vote of confidence in Antipa’s future prospects and possibly impacting stakeholder perceptions positively.

Antipa Minerals Limited Announces New Securities Issuance
Oct 1, 2025

Antipa Minerals Limited has announced the issuance of 381,074 fully paid ordinary securities, which are set to be quoted on the Australian Securities Exchange (ASX) under the code AZY. This move is part of the company’s ongoing efforts to strengthen its financial position and support its exploration initiatives, potentially impacting its operational capabilities and market standing.

Antipa Minerals Reports Significant Gold-Copper Discoveries at Minyari Project
Sep 29, 2025

Antipa Minerals Limited announced significant assay results from its Minyari Gold-Copper Project, highlighting high-grade gold intersections and confirming substantial gold-copper zones. The results are expected to bolster the upcoming Mineral Resource update and Pre-feasibility Study, with ongoing exploration indicating potential new discoveries. The company’s efforts aim to expand existing resources and advance development, positioning Antipa as a key player in the region’s mining sector.

Antipa Minerals Releases 2025 Corporate Governance Statement
Sep 25, 2025

Antipa Minerals Limited has released its corporate governance statement for the financial year ending June 30, 2025, confirming adherence to the ASX Corporate Governance Council’s principles. The statement, approved by the board, outlines the company’s compliance with governance recommendations, which is crucial for maintaining transparency and accountability to stakeholders.

Antipa Minerals Limited Releases Annual Financial Report
Sep 25, 2025

Antipa Minerals Limited has released its annual report, detailing its financial performance and corporate governance over the past year. The report includes comprehensive financial statements and an auditor’s report, reflecting the company’s commitment to transparency and accountability in its operations. This release is crucial for stakeholders as it provides insights into the company’s financial health and strategic direction.

Antipa Minerals Schedules AGM and Continues Exploration Success
Sep 19, 2025

Antipa Minerals Limited has announced its upcoming Annual General Meeting (AGM) scheduled for November 25, 2025, with director nominations closing on October 1, 2025. The company continues to focus on its exploration success at the Minyari Dome Gold-Copper precinct, aiming for substantial growth in its gold-copper resources and significant value creation for shareholders.

Antipa Minerals Secures Shareholder Approval for Strategic Resolutions
Sep 18, 2025

Antipa Minerals Ltd announced that all resolutions presented at their General Meeting on 18 September 2025 were passed. The resolutions included ratifications of prior share issues and approvals for director participation in placements, indicating strong shareholder support for the company’s strategic initiatives. This outcome may enhance Antipa’s operational capabilities and strengthen its position in the mineral exploration sector.

Antipa Minerals Issues New Shares Following Option Exercise
Sep 12, 2025

Antipa Minerals Limited has issued 713,168 ordinary shares following the exercise of unquoted options, as notified to the ASX under section 708A(5)(e) of the Corporations Act 2001. This issuance was completed without disclosure to investors under Part 6D.2 of the Corporations Act, and the company confirms compliance with relevant provisions of the Act, indicating no excluded information is required to be disclosed.

Antipa Minerals Expands with New Securities Quotation
Sep 12, 2025

Antipa Minerals Limited has announced the issuance of 713,168 fully paid ordinary securities, which will be quoted on the Australian Securities Exchange (ASX) under the code AZY. This move is part of the company’s strategy to strengthen its financial position and expand its operational capabilities, potentially impacting its market standing and offering new opportunities for stakeholders.

Antipa Minerals Highlights Minyari Dome Project and Compliance Standards
Sep 8, 2025

Antipa Minerals Limited has released a document providing general information about its operations and projects, particularly highlighting the Minyari Dome Gold-Copper Development Project. The document emphasizes the company’s compliance with the Australasian Code for Reporting of Exploration Results, Mineral Resources, and Ore Reserves, and notes that their resource estimates may not align with US standards. The release underscores the company’s commitment to transparency and caution regarding forward-looking statements, advising stakeholders to seek independent advice before making investment decisions.

Antipa Minerals Expands Share Base with New Issuance
Sep 8, 2025

Antipa Minerals Limited has issued over one million ordinary shares following the exercise of unquoted options, without requiring disclosure under the Corporations Act. This move, authorized by the Executive Chairperson, indicates the company’s compliance with relevant legal provisions and reflects its strategic efforts to strengthen its financial position and operational capabilities.

Antipa Minerals Announces Quotation of New Securities on ASX
Sep 8, 2025

Antipa Minerals Limited has announced the quotation of 1,005,694 fully paid ordinary securities on the Australian Securities Exchange (ASX) under the code AZY, effective from September 5, 2025. This move is part of the company’s strategy to capitalize on exercised options or converted securities, potentially impacting its financial position and market presence by increasing liquidity and shareholder engagement.

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: Nov 30, 2025