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Estrella Resources Limited
(Sydney:ESR)
Estrella Resources Limited (ESR) vs. iShares MSCI Australia ETF (EWA)
Estrella Resources Limited Business Overview & Revenue Model
Estrella Resources Limited Financial Statement Overview
| Breakdown | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 405.52K | 2.29K | 1.38M |
| Gross Profit | -112.43K | -141.00K | 405.52K | 2.29K | 19.62K |
| EBITDA | -1.96M | -2.77M | -1.38M | -2.13M | -428.00K |
| Net Income | -2.08M | -2.99M | -1.60M | -2.28M | -543.00K |
Balance Sheet | |||||
| Total Assets | 29.90M | 21.11M | 23.33M | 21.14M | 15.42M |
| Cash, Cash Equivalents and Short-Term Investments | 6.56M | 359.61K | 1.08M | 776.39K | 3.61M |
| Total Debt | 0.00 | 0.00 | 1.04M | 0.00 | 275.33K |
| Total Liabilities | 5.74M | 390.24K | 1.30M | 1.46M | 1.40M |
| Stockholders Equity | 24.16M | 20.72M | 22.03M | 19.67M | 14.02M |
Cash Flow | |||||
| Free Cash Flow | -1.33M | -1.44M | -5.20M | -9.62M | -8.03M |
| Operating Cash Flow | -1.27M | -1.15M | -1.13M | -1.26M | -824.41K |
| Investing Cash Flow | -2.33M | -287.09K | -3.04M | -8.12M | -5.40M |
| Financing Cash Flow | 10.02M | 586.22K | 4.50M | 6.55M | 9.74M |
Estrella Resources Limited Peers Comparison
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% | |
50 Neutral | AU$443.60M | -0.97 | -111.27% | ― | ― | 66.10% | |
50 Neutral | AU$514.30M | -5.29 | -77.68% | ― | ― | 22.73% | |
49 Neutral | AU$122.70M | 10.00 | 22.56% | ― | 64.66% | ― | |
47 Neutral | AU$123.77M | -23.96 | -21.39% | ― | ― | -280.00% | |
46 Neutral | AU$66.31M | -48.11 | -9.27% | ― | ― | 35.29% | |
46 Neutral | AU$85.14M | -95.00 | -0.27% | ― | ― | -100.00% |
Estrella Resources Limited Corporate Events
Estrella Resources Limited has issued 4,617,611 fully paid ordinary shares on 3 March 2026, expanding its share capital on the ASX. The company confirmed the issuance was conducted without a prospectus under the Corporations Act and reaffirmed compliance with financial reporting and continuous disclosure obligations, stating no undisclosed information materially affecting investors’ assessments.
The notice underscores Estrella’s adherence to Australian corporate governance and disclosure standards while it adjusts its capital structure. For shareholders and potential investors, the announcement signals both a modest dilution of existing holdings and assurance that all material information relevant to valuing the company and its new securities has been properly disclosed.
The most recent analyst rating on (AU:ESR) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on Estrella Resources Limited stock, see the AU:ESR Stock Forecast page.
Estrella Resources Limited has applied for quotation on the ASX of 4,617,611 new ordinary fully paid shares under the code ESR, with an issue date of 3 March 2026. The securities arise from the exercise or conversion of existing options or other convertible instruments, modestly increasing the company’s listed share capital and potentially broadening its tradable equity base for investors.
The application represents a routine capital markets action that may slightly enhance liquidity in Estrella’s stock without fundamentally altering its capital structure. While the notice is procedural in nature, the addition of newly quoted shares signals ongoing utilisation of equity-linked instruments within the company’s financing mix and may have minor dilution implications for existing shareholders.
The most recent analyst rating on (AU:ESR) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on Estrella Resources Limited stock, see the AU:ESR Stock Forecast page.
Estrella Resources has extracted about 22,600 tonnes of high-grade manganese ore from its Ira Miri Project in Timor-Leste as part of a permitted 30,000-tonne market sample program. The ore will be sold and shipped to selected potential offtake partners so they can assess its physical, chemical, and processing characteristics.
The successful extraction validates the scale and quality of the Ira Miri deposit and underscores the project’s rapid progression from maiden drilling in May 2025 to extraction within nine months. With the pit ending in mineralisation, untested IP anomalies at depth, an approved port stockpile allowing blending and direct trans-shipment, and strong local workforce participation with no lost-time injuries, Estrella plans to prioritise a Category A Mining Licence to enable full-scale development and expanded mining activities.
The most recent analyst rating on (AU:ESR) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on Estrella Resources Limited stock, see the AU:ESR Stock Forecast page.
Estrella Resources has reported initial assay results from its maiden drilling campaign at the Werumata limestone project in Timor-Leste, covering about a quarter of samples collected in 2025. Drilling across two large limestone plateaus has intersected Baucau Limestone up to 55 metres averaging 84% calcium carbonate and Batu Putih chalk up to 53 metres averaging 80% calcium carbonate, both with low magnesium and moderate silica levels.
The broad, low-impurity intersections support Estrella’s goal of defining a JORC-compliant inferred mineral resource of at least 500 million tonnes of limestone from the interpreted calcite deposit. Management highlights that the low magnesium content should enable a wider range of higher-value uses, including as a neutralising agent for nearby mining operations, potentially improving environmental outcomes and project economics while strengthening the company’s growth prospects in the region.
The most recent analyst rating on (AU:ESR) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on Estrella Resources Limited stock, see the AU:ESR Stock Forecast page.
Estrella Resources has intersected the targeted manganese horizon and identified additional manganese-bearing mineralisation at its Ira Miri project in Timor-Leste, confirming its geological model and supporting confidence in project development. The company has begun stockpiling ore at a pithead stage 1 stockpile area under a permit to produce up to 30,000 tonnes of high-grade manganese for market appraisal, with production ramp-up and grade control sampling underway to optimise extraction sequencing; discussions are advancing with potential international offtake partners for the first manganese sales, while the project also marks a milestone as potentially the first minerals export under Timor-Leste’s new Mining Code and continues to benefit from strong government and community support, including the dispatch of all collected limestone samples for laboratory analysis.
The most recent analyst rating on (AU:ESR) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on Estrella Resources Limited stock, see the AU:ESR Stock Forecast page.
Estrella Resources has entered into an underwriting agreement with Lightview Asset Pty Ltd to partially underwrite the exercise of its existing listed options (ASX: ESROB), which are exercisable at $0.018 and expire on 13 December 2026. Under the deal, Lightview will underwrite 111,111,111 options, representing up to $2 million before costs, by subscribing for or procuring subscribers for any shares corresponding to options not exercised by expiry, with a 6% fee on the final underwritten amount; any shortfall shares issued will rely on ASX Listing Rule 7.2 (Exception 10), meaning they will not require shareholder approval or use up the company’s placement capacity, thereby providing greater funding certainty and preserving flexibility for future capital management.
The most recent analyst rating on (AU:ESR) stock is a Sell with a A$0.04 price target. To see the full list of analyst forecasts on Estrella Resources Limited stock, see the AU:ESR Stock Forecast page.
Estrella Resources reported a strong December 2025 quarter, highlighted by exceptional high-grade manganese drilling results at its Ira Miri project in Timor-Leste, with multiple intervals exceeding 50% manganese and very low impurities, indicating potential to rank among the world’s top stratiform manganese deposits. The company also secured approval to extract up to 30,000 tonnes of Ira Miri ore for market appraisal, mobilised extraction equipment to site, and plans to distribute this high-grade material to prospective international offtake partners, while concurrently completing a 3,717-metre maiden drilling campaign at its Werumata Limestone project that confirms substantial limestone and chalk thicknesses and supports its target of defining an Inferred Mineral Resource of around 500 million tonnes, underscoring Estrella’s emerging leadership in Timor-Leste’s nascent mining sector.
The most recent analyst rating on (AU:ESR) stock is a Sell with a A$0.04 price target. To see the full list of analyst forecasts on Estrella Resources Limited stock, see the AU:ESR Stock Forecast page.
Estrella Resources Limited has requested a trading halt on its securities on the ASX pending the release of an announcement concerning the partial underwriting of its listed options (ASX: ESROB). The halt, which is expected to last until no later than the commencement of trading on Monday, 2 February 2026, signals that a capital-related development is imminent, with potential implications for the company’s funding structure and for existing option holders and shareholders once full details are disclosed.
The most recent analyst rating on (AU:ESR) stock is a Sell with a A$0.04 price target. To see the full list of analyst forecasts on Estrella Resources Limited stock, see the AU:ESR Stock Forecast page.
Estrella Resources has begun extracting up to 30,000 tonnes of high‑grade manganese ore from its Ira Miri project in Timor‑Leste as a bulk market sample, marking one of the country’s first significant economic mineral extractions under its new mining framework. The program, executed by a fully local contracting fleet and overseen by Estrella’s geological and engineering teams, is intended to generate saleable material, deepen engagement with multiple potential international offtake partners, provide detailed geological and metallurgical data on the Noni formation, and deliver royalty income for both the company and the Timor‑Leste government, reinforcing Estrella’s operational foothold and community relationships in the region.
The most recent analyst rating on (AU:ESR) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on Estrella Resources Limited stock, see the AU:ESR Stock Forecast page.
Estrella Resources Limited has issued 250,000 new fully paid ordinary shares on 13 January 2026, expanding its share capital base. The company states that the shares were issued without a prospectus under the relevant Corporations Act provisions and confirms it is up to date with its financial reporting and continuous disclosure obligations, with no undisclosed information that would materially affect investors’ assessment of the company or the rights attached to the new securities.
The most recent analyst rating on (AU:ESR) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on Estrella Resources Limited stock, see the AU:ESR Stock Forecast page.
Estrella Resources Limited has applied to the ASX for quotation of 250,000 new ordinary fully paid shares. The securities, issued on 13 January 2026 following the exercise or conversion of existing options or other convertible instruments, will modestly expand the company’s quoted capital base, signalling ongoing utilisation of its equity incentive or financing structures and incremental dilution for existing shareholders.
The most recent analyst rating on (AU:ESR) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on Estrella Resources Limited stock, see the AU:ESR Stock Forecast page.
Estrella Resources has secured regulatory approval from Timor-Leste’s Autoridade Nacional dos Minerais to extract up to 30,000 tonnes of high-grade manganese oxide from its Ira Miri Manganese Project as a bulk market sample. The program, which will be Timor-Leste’s first economic mineral bulk extraction under its modern Mining Code, will provide ore for export, metallurgical and quality testing, and commercial appraisal with potential international offtake partners. Estrella has mobilised extraction equipment, designed a shallow 15-metre pit to target previously intersected high-grade and thick manganese zones, and identified a nearby shallow-draft landing craft port site to barge material offshore directly to bulk carriers, streamlining logistics and advancing the project toward potential long-term sales agreements.
The most recent analyst rating on (AU:ESR) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on Estrella Resources Limited stock, see the AU:ESR Stock Forecast page.
Estrella Resources Limited has outlined plans to issue up to 10 million new zero exercise price options, expiring on 4 January 2031, as part of a placement or other type of security issue on the ASX, with the proposed issue date set for 14 January 2026. The move signals the company’s intention to use long-dated options as part of its capital management and incentive structure, potentially affecting its capital base and aligning stakeholders with Estrella’s longer-term performance, subject to ASX processes and approvals.
The most recent analyst rating on (AU:ESR) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on Estrella Resources Limited stock, see the AU:ESR Stock Forecast page.
Estrella Resources has overhauled its senior leadership to support the development of its emerging limestone and manganese projects in Timor-Leste, appointing experienced mining executive Robert Mencel as Chief Executive Officer with a planned transition to Managing Director by 30 June 2026. Outgoing Managing Director Chris Daws will move into a Business Development role focused on asset deals and strengthening relationships with government and strategic partners, while additional technical and operational hires are underway, signalling the company’s shift into a more advanced project development and future production phase in Timor-Leste.
The most recent analyst rating on (AU:ESR) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on Estrella Resources Limited stock, see the AU:ESR Stock Forecast page.
Estrella Resources Limited has applied to the ASX for quotation of an additional 1,000,000 fully paid ordinary shares under its existing ESR ticker. These new securities, issued on 19 December 2025 following the exercise or conversion of existing options or other convertible securities, will modestly increase the company’s free float and share liquidity, offering existing stakeholders incremental tradable equity without altering the overall structure of its quoted security class.
Estrella Resources announced significant assay results for its Ira Miri Manganese Prospect, confirming high-grade mineralisation and potential for expanded horizons. Drilling at the Werumata Limestone Deposit also revealed substantial material, including a newly identified marl unit with economic implications, enhancing its strategic value. Together, these developments strengthen Estrella’s positioning for further exploration and resource growth within Timor-Leste.
Estrella Resources Limited has announced exceptional assay results from its drilling activities at the Ira Miri Manganese Prospect in Timor-Leste, highlighting the discovery of high-grade manganese deposits with grades reaching up to 58% Mn. These results suggest the potential for significant extensions and a large, continuous sedimentary deposit, positioning Ira Miri as a strategic and potentially high-value discovery in the global manganese market.