Prospech Ltd. (AU:ERE)
ASX:ERE
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Prospech Ltd.
(Sydney:ERE)
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Rating:44Neutral
Price Target:
$0.01
Action:N/A
Date:01/04/26
The score is driven primarily by weak financial performance (minimal revenue, ongoing losses, and continued cash burn), partially offset by a low-risk capital structure with no reported debt and positive equity. Technicals are mixed (short-term improvement but weaker longer-term trend), while valuation is constrained by negative earnings and no dividend yield data.
Prospech Ltd. (ERE) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$6.25M
Dividend YieldN/A
Average Volume (3M)N/A
Price to Earnings (P/E)―
Beta (1Y)1.14
Revenue GrowthN/A
EPS Growth41.38%
CountryAU
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryOther Precious Metals
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding694,914,860
10 Day Avg. VolumeN/A
30 Day Avg. VolumeN/A
Financial Highlights & Ratios
PEG Ratio0.08
Price to Book (P/B)0.40
Price to Sales (P/S)0.00
P/FCF Ratio-4.62
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Prospech Ltd. Business Overview & Revenue Model
Company Description
Operating with its subsidiaries, European Resources Limited undertakes mineral exploration projects across Finland and Slovakia. The company's prospecting efforts target a wide range of deposits, including gold, silver, copper, cobalt, nickel, zin...
Prospech Ltd. Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
58
Neutral
Cash Flow
22
Negative
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -11.86K | -11.75K | -9.78K | -8.55K | -13.59K | -13.37K |
| EBITDA | -1.16M | -1.81M | -1.45M | -1.70M | -893.41K | -1.38M |
| Net Income | -1.23M | -1.82M | -1.59M | -1.75M | -903.94K | -1.40M |
Balance Sheet | ||||||
| Total Assets | 12.67M | 11.96M | 11.16M | 8.14M | 9.53M | 10.55M |
| Cash, Cash Equivalents and Short-Term Investments | 552.55K | 795.73K | 1.60M | 227.81K | 2.04M | 4.51M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 864.39K | 1.03M | 585.69K | 418.12K | 83.85K | 136.89K |
| Stockholders Equity | 11.81M | 10.93M | 10.58M | 7.73M | 9.44M | 10.41M |
Cash Flow | ||||||
| Free Cash Flow | -873.01K | -942.64K | -1.25M | -505.11K | -982.00K | -287.94K |
| Operating Cash Flow | -873.01K | -942.64K | -1.11M | -505.11K | -945.03K | -287.94K |
| Investing Cash Flow | -1.42M | -1.67M | -1.22M | -1.26M | -1.54M | -936.86K |
| Financing Cash Flow | 1.72M | 1.81M | 3.70M | 0.00 | 0.00 | 5.34M |
Prospech Ltd. 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% |
* Basic Materials Sector Average
Performance Comparison
Prospech Ltd. Corporate Events
European Resources Plans Major Renounceable Pro Rata Equity Raising
Mar 16, 2026
European Resources Limited has announced a renounceable pro rata equity raising, offering up to 224,362,235 new ordinary fully paid shares and 112,181,117 options expiring on 1 October 2028 to eligible shareholders. The structure allows existing i...
European Resources Launches Partially Underwritten Entitlement Offer
Mar 16, 2026
European Resources Limited has released a transaction-specific prospectus outlining a pro-rata renounceable entitlement offer of new shares at $0.019 each, with attaching options exercisable at $0.04 and expiring in October 2028. The offer is part...
European Resources launches discounted rights issue to fund European rare earths expansion
Mar 16, 2026
European Resources Limited has launched a 3-for-7 renounceable rights issue priced at $0.019 per share to raise up to about $4.3 million, representing a 27% discount to the recent 30-day volume-weighted average price. Eligible shareholders will al...
European Resources Hits Standout Rare Earths Intersection at Korsnäs
Feb 24, 2026
European Resources has reported its strongest drilling results to date from the Korsnäs rare earth project in Finland, with diamond hole KR-316 intersecting thick, NdPr-enriched apatite/monazite mineralisation in the southern target zone. The...
European Resources Accelerates Korsnäs Rare Earths Metallurgy and Drilling Amid Supply-Security Tailwinds
Jan 23, 2026
European Resources has refocused its Korsnäs project strategy on direct hydrometallurgical processing of its existing lanthanide concentrate stockpile, after test work showed further flotation upgrades would not be economically worthwhile. Th...
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