Falcon Metals Ltd (AU:FAL)
ASX:FAL
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Falcon Metals Ltd
(Sydney:FAL)
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Rating:42Neutral
Price Target:
AU$0.54
▼(-7.24% Downside)
Action:ReiteratedDate:03/24/26
The score is held down primarily by weak financial fundamentals (no revenue, ongoing losses, and negative free cash flow) and bearish technicals with the stock trading below all major moving averages and negative MACD. Low leverage and improving loss/cash-burn trends provide some support, but valuation signals are limited due to negative earnings and no dividend data.
Positive Factors
Low leverage / balance sheet flexibility
Very low debt relative to equity reduces solvency risk and gives management flexibility to continue exploration programs without immediate refinancing pressure. For an exploration-stage miner this structural balance-sheet strength supports ongoing project funding choices and partnership negotiations over the next 2–6 months.
Negative Factors
No revenue (pre-production)
The company remains pre-revenue across multiple years, meaning there is no operating cash generation to fund activities. Long-term viability depends on successful discovery or monetization events; until then the business must rely on external capital which creates execution and dilution risk over the next several months.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage / balance sheet flexibility
Very low debt relative to equity reduces solvency risk and gives management flexibility to continue exploration programs without immediate refinancing pressure. For an exploration-stage miner this structural balance-sheet strength supports ongoing project funding choices and partnership negotiations over the next 2–6 months.
Read all positive factors
Falcon Metals Ltd (FAL) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$103.65M
Dividend YieldN/A
Average Volume (3M)505.39K
Price to Earnings (P/E)―
Beta (1Y)3.61
Revenue GrowthN/A
EPS Growth11.15%
CountryAU
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryGold
Share Statistics
EPS (TTM)-0.02
Shares Outstanding213,711,700
10 Day Avg. Volume555,637
30 Day Avg. Volume505,389
Financial Highlights & Ratios
PEG Ratio0.50
Price to Book (P/B)3.56
Price to Sales (P/S)0.00
P/FCF Ratio-6.95
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
Falcon Metals Ltd Business Overview & Revenue Model
Company Description
Falcon Metals Limited engages in the discovery, exploration, and development of mineral deposits in Australia. The company holds a 100% interest in the Pyramid Hill Gold project that covers an area of approximately 5000 square kilometers located i...
How the Company Makes Money
Falcon Metals Ltd generates revenue through the exploration and development of mineral resources, particularly gold and base metals. The company identifies and evaluates mineral deposits, then either develops these resources into producing mines o...
Falcon Metals Ltd Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
62
Positive
Cash Flow
28
Negative
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -33.64K | -75.87K | -73.84K | -67.20K | -20.90K |
| EBITDA | -5.84M | -5.14M | -5.46M | -9.18M | -63.13M |
| Net Income | -8.73M | -4.93M | -5.56M | -9.26M | -63.10M |
Balance Sheet | |||||
| Total Assets | 24.47M | 8.60M | 12.88M | 18.04M | 25.58M |
| Cash, Cash Equivalents and Short-Term Investments | 22.44M | 7.83M | 11.82M | 17.31M | 25.02M |
| Total Debt | 63.28K | 87.62K | 127.49K | 159.51K | 187.08K |
| Total Liabilities | 1.12M | 883.21K | 656.82K | 837.12K | 535.59K |
| Stockholders Equity | 23.35M | 7.71M | 12.22M | 17.20M | 25.05M |
Cash Flow | |||||
| Free Cash Flow | -8.09M | -3.95M | -5.09M | -7.60M | -3.83M |
| Operating Cash Flow | -8.06M | -3.93M | -5.05M | -7.58M | -3.68M |
| Investing Cash Flow | -23.56K | -9.52K | -397.71K | -86.90K | -241.61K |
| Financing Cash Flow | 18.77M | -50.45K | -45.92K | -44.30K | 28.94M |
Falcon Metals Ltd Technical Analysis
Negative
0.58
Price Trends
0.68
Negative
0.64
Negative
0.64
Negative
Market Momentum
-0.06
Negative
39.31
Neutral
49.12
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:FAL, the sentiment is Negative. The current price of 0.58 is above the 20-day moving average (MA) of 0.54, below the 50-day MA of 0.68, and below the 200-day MA of 0.64, indicating a bearish trend. The MACD of -0.06 indicates Negative momentum. The RSI at 39.31 is Neutral, neither overbought nor oversold. The STOCH value of 49.12 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:FAL.
Falcon Metals 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% | |
48 Neutral | AU$5.55M | -2.11 | -154.54% | ― | 168.85% | 13.51% | |
46 Neutral | AU$45.59M | -2.79 | -28.97% | ― | ― | 5.93% | |
43 Neutral | AU$3.22M | -0.22 | -164.84% | ― | ― | 76.76% | |
42 Neutral | AU$103.65M | -7.88 | -56.22% | ― | ― | 11.15% | |
40 Underperform | AU$7.00M | -4.04 | -120.71% | ― | ― | 65.32% |
* Basic Materials Sector Average
AU:FAL
Falcon Metals Ltd
0.49
0.39
432.97%
AU:GSM
Golden State Mining Ltd.
0.01
<0.01
40.00%
AU:SFM
Santa Fe Minerals Ltd.
0.28
0.24
600.00%
AU:RAS
Ragusa Minerals Ltd
0.03
<0.01
21.74%
AU:WSR
Westar Resources Ltd.
0.01
0.00
0.00%
Falcon Metals Ltd Corporate Events
Falcon Metals Files Interim Financial Report for December 2025 Half
Mar 13, 2026
Falcon Metals Ltd has released its interim financial report for the half year ended 31 December 2025, providing investors with condensed consolidated financial statements and accompanying notes. The publication of this report fulfills the company&...
Falcon Metals Director Increases Shareholding Through Cashless Option Exercise
Feb 23, 2026
Falcon Metals has disclosed a change in the interests of director Mark Anthony Bennett, following the exercise of a significant tranche of his unlisted options. Bennett exercised 250,000 options at $0.36 and 300,000 options at $0.35 via a cashless...
Falcon Metals Seeks ASX Quotation for Additional Ordinary Shares
Feb 23, 2026
Falcon Metals Ltd has applied for quotation on the ASX of 1,066,667 additional ordinary fully paid shares, effective 23 February 2026. The newly issued securities arise from the exercise or conversion of existing options or other convertible instr...
Falcon Metals Highlights High‑Grade Bendigo Gold Targets in Investor Presentation
Feb 9, 2026
Falcon Metals has released a corporate presentation outlining its exploration activities and recent drilling highlights, centring on high‑grade gold discoveries at the Blue Moon prospect within the Bendigo region. The document, prepared for ...
Falcon Metals Issues 800,000 Unquoted Options Under Employee Incentive Scheme
Jan 27, 2026
Falcon Metals Ltd has issued a total of 800,000 unquoted options under an employee incentive scheme, split into two tranches of 400,000 options each, exercisable at $1.09 and expiring on 31 January 2029 and 31 January 2030 respectively. The move s...
Falcon Metals Advances High-Grade Drilling at Blue Moon as Cash Balance Supports Aggressive 2026 Exploration
Jan 22, 2026
Falcon Metals has reported a strong December quarter marked by significant high-grade drilling results at its Blue Moon Gold Project in Victoria, where step-out and wedge drilling have intersected multiple zones of high-grade quartz-hosted gold, i...
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.