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Far East Gold Ltd
(Sydney:FEG)
Far East Gold Ltd (FEG) vs. iShares MSCI Australia ETF (EWA)
Far East Gold Ltd Business Overview & Revenue Model
Far East Gold Ltd Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -86.60K | -86.60K | 0.00 | -66.61K | -41.73K | -12.20K |
| EBITDA | -6.42M | -6.42M | -1.45M | -2.70M | -3.38M | -4.54M |
| Net Income | -6.48M | -6.48M | -1.66M | -2.50M | -3.43M | -4.56M |
Balance Sheet | ||||||
| Total Assets | 46.63M | 46.63M | 33.26M | 30.97M | 25.39M | 2.86M |
| Cash, Cash Equivalents and Short-Term Investments | 10.94M | 10.94M | 1.09M | 3.93M | 9.10M | 2.71M |
| Total Debt | 76.20K | 76.20K | 116.95K | 119.78K | 71.52K | 103.85K |
| Total Liabilities | 698.67K | 698.67K | 1.72M | 2.37M | 305.32K | 352.55K |
| Stockholders Equity | 43.36M | 43.36M | 28.95M | 25.97M | 22.22M | 2.51M |
Cash Flow | ||||||
| Free Cash Flow | -4.62M | -4.62M | -9.11M | -11.23M | -4.75M | -4.16M |
| Operating Cash Flow | -4.61M | -4.61M | -2.19M | -1.32M | -3.02M | -4.12M |
| Investing Cash Flow | -11.46M | -11.46M | -6.93M | -9.91M | -1.73M | -38.60K |
| Financing Cash Flow | 18.43M | 18.43M | 6.26M | 6.06M | 11.10M | 6.86M |
Far East Gold Ltd Technical Analysis
Far East Gold Ltd 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% | |
51 Neutral | AU$26.41M | 0.28 | 239.14% | 270.27% | ― | ― | |
50 Neutral | AU$294.20M | -47.24 | -17.70% | ― | ― | 29.91% | |
48 Neutral | AU$55.05M | -7.35 | -17.91% | ― | ― | -213.85% | |
44 Neutral | AU$41.49M | -6.36 | -29.96% | ― | ― | -214.29% | |
44 Neutral | AU$88.92M | -4.19 | -148.97% | ― | ― | -643.11% | |
38 Underperform | AU$24.16M | -0.12 | -151.97% | ― | -28.16% | -1569.00% |
Far East Gold Ltd Corporate Events
Far East Gold Ltd has announced an extension to its drilling program at the Sua Prospect within the Idenburg Project in Papua Province, Indonesia, following promising assay results from its initial drilling. The company plans to drill five additional step-out diamond holes to explore the continuity of high-grade gold mineralization along strike and down-dip. This extension aims to further delineate the high-grade potential of the stacked quartz vein system, which remains open for exploration. The positive historic metallurgy suggests that the mineralization is amenable to conventional processing methods, potentially enhancing the project’s economic viability.
Far East Gold Limited has announced successful assay results from its drilling program at the Sua prospect within the Idenburg Project, confirming and extending high-grade gold zones. The results from drillholes KSD025 and KSD026 have not only validated previous findings but also revealed additional high-grade zones, indicating significant resource potential. The mineralization remains open at depth and along strike, suggesting further opportunities for high-grade discoveries, which could enhance the company’s market position and appeal to stakeholders.
Far East Gold Ltd has announced the results of its Annual General Meeting, where key resolutions, including the re-election of directors and the adoption of the remuneration report, were carried out successfully. However, the proposal for a 10% placement capacity was not approved. This development indicates a continued focus on stable leadership while facing challenges in expanding capital placement, impacting the company’s strategic financial planning.
Far East Gold Ltd has announced promising assay results from its drilling program at the Sua Prospect within the Idenburg Gold Project in Papua Province, Indonesia. The latest drill hole, KSD024, revealed high-grade gold intersections, extending the known zone of mineralization by at least 25 meters. This discovery, featuring visible coarse gold, suggests significant potential for further high-grade discoveries within the 5km long Sua–Afley shear zone. The results reinforce the geological interpretation of the area and highlight the potential for resource development, which could enhance the company’s market positioning and offer substantial benefits to stakeholders.
Far East Gold Ltd has announced the discovery of high-grade gold mineralization across multiple prospects within its Idenburg Project, specifically in the North Bermol, South Bermol, and Nova areas. Detailed geological mapping and field sampling have revealed new zones of mineralized quartz veining associated with low-angle shear-fault systems, with assay results showing promising gold grades. The findings underscore the district-scale potential of the project and support the company’s aggressive exploration strategy to define new gold zones and expand its resource base. The ongoing drilling campaign, supported by two drill rigs, continues to yield encouraging results, reinforcing the company’s interpretation of multiple shear-related gold systems within the project area.
Far East Gold Ltd announced promising results from its first drill hole at the Sua Prospect within the Idenburg Gold Project in Indonesia. The drill hole KSD023 confirmed high-grade gold intercepts, including visible gold, validating historical drill data and suggesting significant potential for further high-grade discoveries. This development is a strategic advancement for the company, enhancing the resource development potential of the project and indicating the possibility of expanding the current resource area.
Far East Gold Ltd has commenced the second phase of drilling at its Mount Clark West Copper-Gold Project in Queensland, following the signing of a Conduct and Compensation Agreement. This phase aims to confirm the large-scale porphyry copper-gold potential of the site, with initial drilling planned to test high-priority targets identified through recent geophysical and geochemical studies. The company believes these efforts could reveal a significant copper-gold discovery, enhancing its positioning in the Australian mining sector.
Far East Gold Ltd has achieved a significant regulatory milestone by securing PIPPIB approval for 9,000 hectares of its Idenburg Gold Project, facilitating environmental permitting and operational licensing. This reclassification to Production Forestry de-risks the project, enhances tenure security, and accelerates the transition from exploration to development, reinforcing the project’s strategic potential in a prolific gold province.
Far East Gold Ltd reported significant exploration progress in its Indonesian projects during the quarter ending September 30, 2025. The company confirmed depth extensions at the Bermol site and announced a new high-grade discovery at the North Bermol Prospect, indicating potential for further resource expansion. Additionally, 14 new high-priority structural targets were identified, expanding the company’s discovery pipeline. A regulatory milestone was achieved with the approval of a forestry reclassification, providing greater project certainty.
Far East Gold Ltd has announced a significant gold discovery at the North Bermol prospect within the Idenburg project in Papua Province, Indonesia. The discovery of a high-grade shear zone suggests the potential for multiple mineralized systems, reinforcing the project’s district-scale potential. This new find, along with ongoing exploration at other prospects like Sua and Kwaplu, positions the company to expand its gold resource base significantly. With a robust financial position, Far East Gold is well-equipped to continue advancing its exploration efforts, potentially enhancing its standing in the gold exploration industry.
Far East Gold Ltd has announced its Annual General Meeting for shareholders, scheduled for November 25, 2025, in Brisbane. The meeting will provide shareholders with the opportunity to vote on resolutions either in person, by proxy, or through an authorized representative, with proxy forms due by November 23, 2025.
Far East Gold Ltd has signed a land access agreement and contracted Eagle Drilling NQ Pty Ltd to commence a drilling program at its Mount Clark West Copper-Gold project in Queensland. The program aims to test three geophysical targets, potentially indicating a larger porphyry system, with drilling set to begin by early November 2025. This initiative could significantly impact the company’s operations by confirming the presence of valuable mineral resources, enhancing its industry positioning amidst other major mining companies exploring the area.
Far East Gold Ltd has commenced diamond drilling at the high-grade Sua prospect, part of its Idenburg project in Papua Province, Indonesia. This program aims to confirm and extend high-grade gold zones identified in historical drilling, potentially defining a significant high-grade system. The drilling at Sua, alongside the North Bermol program, positions Far East Gold to advance two promising prospects, showcasing the scale and continuity needed for a world-class gold project. The company is optimistic about the project’s potential, supported by historical data showing high-grade gold intercepts and promising metallurgical recovery rates.
Far East Gold Ltd has released its corporate governance statement for the financial year ending June 30, 2025, which is accessible on their website. The statement outlines the company’s adherence to the ASX Corporate Governance Council’s principles, highlighting their commitment to transparency and accountability in management and oversight. This announcement reinforces Far East Gold Ltd’s dedication to maintaining high governance standards, potentially strengthening stakeholder confidence and enhancing its industry reputation.
Far East Gold Ltd has made significant progress in its mining projects over the past year, securing a strategic investment of approximately A$14.7 million from Xingye Gold, a major Chinese mining company. This investment underscores confidence in Far East Gold’s strategy and projects. Key developments include the commencement of drilling at the Idenburg Gold Project in Papua, infrastructure upgrades at the Woyla Gold Project in Aceh, and preparation for extensive drilling programs at the Trenggalek and Wonogiri projects in Java. Additionally, the company increased its ownership to 90% in its Queensland projects in Australia, with plans for further exploration and drilling activities. These advancements position Far East Gold for potential growth and enhanced stakeholder value.