Top Page
Encounter Resources Limited
(Sydney:ENR)
Encounter Resources Limited (ENR) vs. iShares MSCI Australia ETF (EWA)
Encounter Resources Limited Business Overview & Revenue Model
Encounter Resources Limited Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 987.66K | 0.00 | 135.00 | 6.59K | 144.49K |
| Gross Profit | -147.03K | 987.66K | -74.42K | -73.63K | -62.06K | 119.81K |
| EBITDA | -255.25K | -1.96M | -4.27M | -1.36M | 4.50M | -1.51M |
| Net Income | -2.77M | -3.83M | -4.33M | -1.43M | 4.43M | -1.53M |
Balance Sheet | ||||||
| Total Assets | 52.31M | 50.76M | 37.93M | 30.15M | 16.66M | 22.32M |
| Cash, Cash Equivalents and Short-Term Investments | 22.66M | 18.64M | 14.05M | 11.82M | 2.17M | 5.69M |
| Total Debt | 173.20K | 137.42K | 205.90K | 49.06K | 116.95K | 177.42K |
| Total Liabilities | 1.72M | 1.60M | 1.68M | 1.30M | 470.09K | 811.10K |
| Stockholders Equity | 50.58M | 49.17M | 36.25M | 28.84M | 16.19M | 21.51M |
Cash Flow | ||||||
| Free Cash Flow | -10.70M | -11.47M | -9.03M | -4.27M | -3.77M | -5.14M |
| Operating Cash Flow | -747.58K | -749.38K | -533.38K | -571.44K | -715.32K | -711.94K |
| Investing Cash Flow | -9.66M | -10.12M | -8.22M | -3.32M | -2.81M | -1.68M |
| Financing Cash Flow | 25.61M | 15.46M | 10.99M | 13.55M | 679.00 | 6.22M |
Encounter Resources Limited Technical Analysis
Encounter Resources Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
62 Neutral | AU$148.74M | 12.12 | 8.79% | ― | 15.32% | 10.05% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
52 Neutral | AU$186.36M | -31.43 | -8.25% | ― | ― | -55.56% | |
47 Neutral | AU$732.47M | -10.61 | -84.61% | ― | 149.43% | 1.20% | |
47 Neutral | AU$487.86M | -12.55 | -12.73% | ― | 2.00% | 8.82% | |
45 Neutral | AU$237.57M | -50.00 | -9.15% | ― | ― | 24.30% | |
44 Neutral | AU$310.23M | -33.93 | -20.60% | ― | ― | 7.28% |
Encounter Resources Limited Corporate Events
Encounter Resources has reported that reconnaissance reverse circulation drilling at its Haddon prospect within the Yeneena Copper Project has defined a laterally extensive copper anomaly, with associated silver, over an area of about 700m by 700m centred on a major regional fault. Significant copper-silver intersections in the RC program, combined with previous aircore results and geophysical interpretation, suggest a fertile mineralised system linked to a prospective black shale horizon similar to that hosting major nearby copper deposits. A co-funded diamond drill hole has intersected the upper part of this black shale unit, with core now under geological review and assays pending, and the company plans to resume deeper diamond drilling in April 2026 to test the basal contact, positioning Haddon as a potentially important growth asset within Encounter’s expanding copper exploration campaign across the Paterson Province.
The most recent analyst rating on (AU:ENR) stock is a Hold with a A$0.41 price target. To see the full list of analyst forecasts on Encounter Resources Limited stock, see the AU:ENR Stock Forecast page.
Encounter Resources Limited has appointed Simon Hay as a director effective 1 January 2026, according to an initial director’s interest notice lodged with the ASX. Hay holds no shares directly, but has an indirect interest through Tessaletta Pty Ltd as director and beneficiary of the Tessaletta Investment Trust, which holds 100,000 fully paid ordinary shares and 500,000 unlisted options in Encounter Resources, and he has no relevant interests in any contracts with the company at this time.
The most recent analyst rating on (AU:ENR) stock is a Hold with a A$0.38 price target. To see the full list of analyst forecasts on Encounter Resources Limited stock, see the AU:ENR Stock Forecast page.
Encounter Resources Limited has announced successful results from its aircore drilling program east of the Green MRE, revealing new zones of shallow, high-grade niobium mineralisation. The continued success of step-out and infill drilling highlights the potential for significant resource growth and enhancement of the grade profile, positioning the Green East area as a priority for future development. The company’s strategic drilling efforts are expected to further define and expand the resource, with additional assay results anticipated in early 2026, which could have significant implications for the company’s operations and stakeholder interests.
Encounter Resources Limited announced a change in the director’s interest, specifically for Philip Crutchfield, who acquired additional shares and options. This change, approved by shareholders, reflects a strategic move to enhance the director’s stake in the company, potentially signaling confidence in the company’s future prospects and aligning the director’s interests with those of the shareholders.
Encounter Resources Limited announced the issuance of 325,000 unlisted options, set to expire on December 9, 2029, with an exercise price of $0.608. This move is part of the company’s strategy to enhance its financial flexibility and incentivize stakeholders, potentially impacting its operational capabilities and market positioning.
Encounter Resources Limited has announced the quotation of 1,111,112 fully paid ordinary securities on the Australian Securities Exchange (ASX) as of December 10, 2025. This move is part of a previously announced transaction, indicating the company’s ongoing efforts to enhance its market presence and potentially increase its capital base, which could have implications for its operational capacity and stakeholder value.
Encounter Resources Limited has announced the issuance of 1,111,112 fully paid ordinary shares and 325,000 unlisted options to Director Philip Crutchfield following shareholder approval. This strategic move is part of the company’s ongoing efforts to align its leadership interests with shareholder value and strengthen its operational framework. The issuance was conducted without disclosure under Part 6D.2 of the Corporations Act, and the company has confirmed compliance with its reporting obligations, indicating a transparent approach to its corporate governance.
Encounter Resources Limited announced that all resolutions presented at their General Meeting of Shareholders were passed. The resolutions included the ratification of the issue of placement shares and approvals related to director participation and grant of fee options, which are expected to support the company’s strategic initiatives and enhance shareholder value.
Encounter Resources Limited announced the issuance of unquoted equity securities, including 4.1 million unlisted options and 1.235 million performance rights, as part of an employee incentive scheme. This move is expected to enhance employee engagement and align their interests with the company’s long-term goals, potentially impacting its operational efficiency and market competitiveness.
Encounter Resources Limited has announced the issuance of 1,620,394 unquoted options, exercisable at $0.609 and expiring on November 27, 2029. This move is part of the company’s strategic efforts to strengthen its financial position and support its ongoing exploration activities, potentially impacting its market standing and stakeholder interests.
Encounter Resources Limited has issued a total of 3,600,000 unlisted options and 1,235,000 performance rights to employees as part of its Employee Share and Option Plan and Performance Rights Plan. Additionally, 500,000 unlisted options were issued to incoming director Simon Hay, and 1,620,394 unlisted options were issued to directors following shareholder approval. These actions are part of the company’s strategy to incentivize and retain key personnel, potentially impacting its operational efficiency and stakeholder engagement.
Encounter Resources Limited announced that all resolutions proposed at their Annual General Meeting were passed, including a special resolution requiring a sufficient majority. This outcome reflects strong shareholder support and positions the company to continue its strategic initiatives, potentially impacting its operational capabilities and market positioning positively.
Encounter Resources Limited has released an investor update following its 2025 Annual General Meeting, emphasizing the strategic timing for niobium, REE, and copper projects in Australia. The company reassures stakeholders of the accuracy and reliability of its exploration results, as confirmed by a competent person, and maintains that there are no new material changes affecting previously disclosed mineral resource estimates.
Encounter Resources Limited has announced the appointment of Simon Hay as an Independent Non-Executive Director, effective January 1, 2026. Mr. Hay brings over 30 years of experience in the mining sector, having led significant projects globally. His appointment is seen as a strategic move to enhance Encounter’s project development capabilities as it progresses the Aileron niobium-REE project. This addition to the board is expected to strengthen the company’s operational capabilities and support its transition towards a potential future mining operation, thereby bolstering its industry positioning.
Encounter Resources Limited announced an amendment to the Change of Director Interest Notices initially lodged with the ASX. The amendment clarifies the number of options exercised as disposed securities, reflecting changes in director William Robinson’s interests. This update ensures transparency and compliance with ASX listing rules, potentially impacting stakeholders’ perceptions of the company’s governance practices.
Encounter Resources Limited has announced the quotation of 106,417 ordinary fully paid securities on the Australian Securities Exchange (ASX) as of November 21, 2025. This move indicates the company’s ongoing efforts to expand its market presence and enhance liquidity, potentially impacting its operational capabilities and offering new opportunities for stakeholders.
Encounter Resources Limited has issued 106,417 fully paid ordinary shares following the exercise of employee options under its Employee Share and Option Plan. This action reflects the company’s ongoing commitment to incentivize its workforce, potentially enhancing its operational capabilities and reinforcing its strategic focus on high-impact mineral discoveries in Australia.
Encounter Resources Limited announced a change in director interest following the acquisition of shares through the exercise of options. This development reflects the directors’ increased stake in the company, potentially signaling confidence in its future prospects and impacting stakeholder perceptions.
Encounter Resources Limited has announced the issuance of 2,906,500 fully paid ordinary securities, which will be quoted on the Australian Securities Exchange (ASX) as of November 20, 2025. This move is part of the company’s strategy to enhance its financial flexibility and support its ongoing exploration and development activities, potentially impacting its market position and stakeholder interests positively.
Encounter Resources Limited has announced the issuance of 2,906,500 fully paid ordinary shares following the exercise of options, with 1,440,000 shares allocated to directors and 1,466,500 shares to employees under the company’s Employee Share and Option Plan. This move reflects Encounter’s commitment to incentivizing its team and aligns with its strategy to enhance its operational capabilities in the mineral exploration sector, potentially strengthening its market position and stakeholder value.
Encounter Resources Limited has announced a General Meeting scheduled for December 10, 2025, in Subiaco, Western Australia. The company is adapting to the Corporations Amendments Act 2022 by providing meeting materials electronically, encouraging shareholders to lodge proxy votes ahead of the meeting. This move towards digital communication reflects a broader industry trend towards sustainability and efficiency, potentially enhancing shareholder engagement and operational transparency.
Encounter Resources Limited has announced that Chalice Mining Limited, along with its associated entities, has ceased to be a substantial holder in the company as of November 6, 2025. This change is due to a dilution in Chalice’s holdings following the issuance of ordinary shares through a placement, affecting 27,331,579 ordinary shares and votes. This development may impact Encounter Resources’ shareholder structure and influence within the industry.
Encounter Resources Limited has announced the application for quotation of 54,444,444 fully paid ordinary securities on the Australian Securities Exchange (ASX). This move is part of previously announced transactions and is expected to enhance the company’s capital structure, potentially impacting its market positioning and providing opportunities for growth and investment.
Encounter Resources Limited has completed the first tranche of a $25 million share placement, raising approximately $24.5 million through the issuance of 54,444,444 ordinary fully paid shares at $0.45 per share to unrelated parties. The second tranche, involving up to 1,111,112 shares to be issued to a company director, is pending shareholder approval. This capital raising is expected to bolster Encounter’s exploration activities and strengthen its position in the mineral exploration industry.
Encounter Resources Limited has secured A$25 million through a share placement to accelerate its Aileron niobium-REE project and expand copper exploration activities. This funding positions the company to advance its exploration and development program, enhancing its industry standing and potential growth, with a strong balance sheet and technical team supporting its strategic initiatives.
Encounter Resources Limited has released its Corporate Governance Statement for the period ending June 30, 2025, emphasizing its commitment to high standards of corporate governance in line with ASX Corporate Governance Council Principles. The company has established a framework for managing internal controls and business risks, with a Board comprising both executive and non-executive directors. The Board is responsible for overseeing the company’s strategy and performance, while committees for remuneration, nomination, and audit and risk management ensure effective governance. This governance structure is designed to maximize shareholder value and adapt to the company’s evolving activities.
Encounter Resources Limited has announced its 2025 Annual General Meeting, scheduled for November 27, 2025, at The Ebell Room, Trinity on Hampden, Crawley, Western Australia. The company will not be sending physical copies of the meeting materials, aligning with the Corporations Amendments (Meetings and Documents) Act 2022. Shareholders are encouraged to lodge proxy votes and participate in the meeting electronically, reflecting a shift towards digital engagement. This move is likely to streamline communication and voting processes, potentially enhancing shareholder participation and operational efficiency.
Encounter Resources Limited has requested a trading halt on its securities pending an announcement regarding a proposed capital raising. This move indicates a strategic financial maneuver that could impact the company’s market positioning and stakeholder interests, with the trading halt expected to be lifted by October 30, 2025.