Far East Gold Ltd (AU:FEG)
ASX:FEG
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Far East Gold Ltd
(Sydney:FEG)
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Rating:45Neutral
Price Target:
AU$0.13
▼(-17.50% Downside)
Action:ReiteratedDate:03/20/26
The score is primarily weighed down by weak financial performance (no revenue, widening losses, and higher cash burn) and bearish technicals (price below key moving averages with negative MACD and low RSI/Stoch). Low leverage modestly offsets risk, while valuation is difficult to support given negative earnings and no dividend data.
Positive Factors
Conservative balance sheet
Extremely low leverage materially reduces solvency risk for an exploration company, providing a longer runway before debt pressures arise. This structural conservatism supports funding flexibility and lowers the chance of forced asset sales during prolonged exploration cycles.
Negative Factors
No revenue and widening losses
The absence of operating revenue and a marked increase in net losses in 2025 indicate the company remains pre-revenue and burning capital to advance projects. Structurally, without transitioning to cash-generating operations or monetizable assets, persistent losses erode shareholder value and increase funding needs.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative balance sheet
Extremely low leverage materially reduces solvency risk for an exploration company, providing a longer runway before debt pressures arise. This structural conservatism supports funding flexibility and lowers the chance of forced asset sales during prolonged exploration cycles.
Read all positive factors
Far East Gold Ltd (FEG) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$45.88M
Dividend YieldN/A
Average Volume (3M)225.34K
Price to Earnings (P/E)―
Beta (1Y)0.84
Revenue GrowthN/A
EPS Growth-213.85%
CountryAU
Employees35
SectorBasic Materials
Sector Strength58
IndustryOther Precious Metals
Share Statistics
EPS (TTM)-0.01
Shares Outstanding367,027,470
10 Day Avg. Volume233,983
30 Day Avg. Volume225,345
Financial Highlights & Ratios
PEG Ratio-0.04
Price to Book (P/B)1.16
Price to Sales (P/S)0.00
P/FCF Ratio-10.92
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
Far East Gold Ltd Business Overview & Revenue Model
Company Description
Far East Gold Ltd engages in acquiring, exploring, evaluating, and developing mineral resource projects in Australia and Indonesia. It explores for gold and copper deposits. The company's project portfolio is the Trenggalek copper gold project cov...
How the Company Makes Money
null...
Far East Gold Ltd Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
62
Positive
Cash Flow
25
Negative
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | -11.84K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -52.44K | -86.60K | 0.00 | -66.61K | -41.73K | -12.20K |
| EBITDA | -8.48M | -6.42M | -1.45M | -2.70M | -3.38M | -4.54M |
| Net Income | -6.95M | -6.48M | -1.66M | -2.50M | -3.43M | -4.56M |
Balance Sheet | ||||||
| Total Assets | 41.47M | 46.63M | 33.26M | 30.97M | 25.39M | 2.86M |
| Cash, Cash Equivalents and Short-Term Investments | 6.46M | 10.94M | 1.09M | 3.93M | 9.10M | 2.71M |
| Total Debt | 49.00K | 76.20K | 116.95K | 119.78K | 71.52K | 103.85K |
| Total Liabilities | 1.21M | 698.67K | 1.72M | 2.37M | 305.32K | 352.55K |
| Stockholders Equity | 37.83M | 43.36M | 28.95M | 25.97M | 22.22M | 2.51M |
Cash Flow | ||||||
| Free Cash Flow | -4.12M | -4.62M | -9.11M | -11.23M | -4.75M | -4.16M |
| Operating Cash Flow | -6.13M | -4.61M | -2.19M | -1.32M | -3.02M | -4.12M |
| Investing Cash Flow | -6.16M | -11.46M | -6.93M | -9.91M | -1.73M | -38.60K |
| Financing Cash Flow | -8.78M | 18.43M | 6.26M | 6.06M | 11.10M | 6.86M |
Far East Gold Ltd Technical Analysis
Negative
0.16
Price Trends
0.15
Negative
0.16
Negative
0.16
Negative
Market Momentum
>-0.01
Positive
35.96
Neutral
16.67
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:FEG, the sentiment is Negative. The current price of 0.16 is above the 20-day moving average (MA) of 0.13, above the 50-day MA of 0.15, and above the 200-day MA of 0.16, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 35.96 is Neutral, neither overbought nor oversold. The STOCH value of 16.67 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:FEG.
Far East Gold 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% | |
54 Neutral | AU$20.62M | -4.18 | 81.27% | 270.27% | ― | ― | |
47 Neutral | AU$87.99M | -3.23 | -52.73% | ― | ― | -643.11% | |
45 Neutral | AU$45.88M | -3.34 | -17.12% | ― | ― | -213.85% | |
43 Neutral | AU$204.63M | -12.77 | -27.06% | ― | ― | 29.91% | |
42 Neutral | AU$38.83M | -7.41 | -26.87% | ― | ― | -214.29% | |
38 Underperform | AU$24.16M | -0.10 | 507.16% | ― | -28.16% | -1569.00% |
* Basic Materials Sector Average
AU:FEG
Far East Gold Ltd
0.13
-0.02
-16.67%
AU:IDA
Indiana Resources Limited
0.03
>-0.01
-3.03%
AU:RIM
Rimfire Pacific Mining Limited
0.01
-0.01
-44.00%
AU:BDM
Burgundy Diamond Mines Ltd
0.02
-0.03
-63.04%
AU:OSM
Osmond Resources Limited
0.64
0.20
44.77%
AU:SPD
Southern Palladium Ltd.
1.63
1.30
393.94%
Far East Gold Ltd Corporate Events
Far East Gold Pauses Woyla Exploration, Refocuses on Idenburg Project
Apr 6, 2026
Far East Gold has confirmed it will retain a 51% interest in the Woyla Project in Aceh, Indonesia, after failing to reach agreement with the vendor on a direct pathway to increase its ownership to 100% without completing a feasibility study. As no...
Far East Gold Wins Key Environmental Approval for Idenburg Project Expansion
Mar 16, 2026
Far East Gold Ltd has secured a key environmental approval from Indonesia’s Ministry of Environment and Forestry for advanced exploration at its Idenburg Gold Project, covering 8,950 hectares within the project’s core development corri...
Far East Gold Updates Corporate Directory in Half-Year Report
Mar 16, 2026
Far East Gold Ltd has released its half-year report for the period ended 31 December 2025, outlining the company’s corporate governance and key professional advisers. The filing confirms the company’s ASX listing details, registered an...
Far East Gold extends high-grade mineralisation at Papua’s Sua prospect
Mar 9, 2026
Far East Gold has reported new assay results from drillholes KSD028 to KSD035 at the Sua prospect within its Idenburg Gold Project in Papua, Indonesia. The latest drilling confirms extensions of shear-hosted gold zones, pushing mineralisation a fu...
Far East Gold Wins Key Tenement Extension as Mount Clark West Drilling Highlights Porphyry Potential
Feb 10, 2026
Far East Gold has resumed diamond drilling at its Mount Clark West copper-gold project in Queensland after wet-season delays, with current holes testing geophysical targets to depths of 600 metres. Daily geological logging is revealing alteration,...
Far East Gold Extends High-Grade Gold Zones at Idenburg’s Sua and North Bermol Prospects
Jan 29, 2026
Far East Gold reported a highly active December 2025 quarter at its Idenburg Project, with drilling and structural work delivering new discoveries and extensions of gold mineralisation, particularly at the Sua and North Bermol prospects. At the Su...
Far East Gold Reshapes Finance and Governance Leadership
Jan 14, 2026
Far East Gold has announced a reshuffle in its senior corporate roles, with company secretary Catriona Glover resigning effective 14 January 2026 after playing a key role in the lead-up to the company’s ASX listing and subsequent operations....
Far East Gold Extends Bonanza-Grade Gold Zone at Papua’s Sua Prospect
Jan 11, 2026
Far East Gold has reported further bonanza-grade gold results from its ongoing 10-hole diamond drilling campaign at the Sua Prospect in Papua, Indonesia, with hole KSD027 returning multiple high-grade intercepts, including 49.47 g/t gold over 4.85...
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.