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Fin Resources Limited
(Sydney:FIN)
Fin Resources Limited (FIN) vs. iShares MSCI Australia ETF (EWA)
Fin Resources Limited Business Overview & Revenue Model
Fin Resources Limited Financial Statement Overview
| Breakdown | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA | 2.20M | -866.00K | -955.35K | -4.11M | -629.00K |
| Net Income | -612.42K | -3.61M | -2.65M | -5.01M | -880.00K |
Balance Sheet | |||||
| Total Assets | 3.15M | 3.42M | 5.84M | 7.31M | 6.00M |
| Cash, Cash Equivalents and Short-Term Investments | 647.01K | 879.74K | 2.27M | 3.39M | 5.04M |
| Total Debt | 445.00K | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 776.84K | 738.04K | 110.01K | 67.94K | 352.58K |
| Stockholders Equity | 2.38M | 2.68M | 5.73M | 7.24M | 5.65M |
Cash Flow | |||||
| Free Cash Flow | -677.68K | -1.84M | -1.64M | -2.84M | -917.98K |
| Operating Cash Flow | -171.72K | -608.26K | -574.71K | -1.15M | -473.80K |
| Investing Cash Flow | -505.96K | -1.23M | -1.07M | -1.69M | -444.19K |
| Financing Cash Flow | 445.05K | 448.48K | 517.36K | 1.19M | 2.48M |
Fin 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% | |
52 Neutral | AU$12.63M | -2.73 | -6.61% | ― | ― | 69.66% | |
50 Neutral | AU$6.27M | -0.91 | -126.15% | ― | ― | 24.09% | |
50 Neutral | AU$11.62M | -2.78 | -27.31% | ― | ― | -121.54% | |
46 Neutral | AU$6.43M | ― | -47.79% | ― | ― | 52.53% | |
45 Neutral | AU$17.48M | -14.44 | -24.22% | ― | ― | 83.93% | |
38 Underperform | AU$4.73M | -5.00 | -26.98% | ― | ― | 4.35% |
Fin Resources Limited Corporate Events
Fin Resources Limited has issued 3,076,923 fully paid ordinary shares without a prospectus, relying on provisions of the Corporations Act that allow such placements without formal disclosure. The company has confirmed it remains compliant with financial reporting and continuous disclosure obligations, and that there is no excluded information requiring disclosure, signalling that the share issue is a routine capital management step rather than a response to undisclosed developments.
The most recent analyst rating on (AU:FIN) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Fin Resources Limited stock, see the AU:FIN Stock Forecast page.
Fin Resources Limited has applied to the ASX for quotation of 3,076,923 new ordinary fully paid shares, with an issue date of 10 February 2026. The securities arise from the exercise or conversion of existing options or other convertible instruments, modestly expanding the company’s listed capital base and potentially providing additional funding flexibility for its resource activities.
The move formalises the admission of these new shares to trading on the ASX under the ticker FIN. While small in scale, the additional quoted securities may incrementally affect share liquidity and ownership dispersion, and reflect ongoing use of equity-based instruments in the company’s capital management strategy.
The most recent analyst rating on (AU:FIN) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Fin Resources Limited stock, see the AU:FIN Stock Forecast page.
Fin Resources Limited has outlined plans for a significant capital-raising move via a proposed issue of up to 375,000,000 new fully paid ordinary shares and 60,000,000 unlisted options. The securities are scheduled for issue on 19 February 2026 as part of a placement or similar structure, potentially providing the company with additional funding capacity and altering its capital structure, with implications for existing shareholders through dilution and for its ability to finance ongoing resource exploration activities.
The most recent analyst rating on (AU:FIN) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Fin Resources Limited stock, see the AU:FIN Stock Forecast page.
Fin Resources has raised A$3.75 million via a strongly supported placement to institutional and sophisticated investors at A$0.01 per share to fund drilling at its Cabin Lake Gold Project in Canada. The capital injection fully finances a 1,500m maiden diamond drilling program targeting shallow, high-grade gold, with drilling scheduled to start in early March 2026.
The company will deploy funds toward drill mobilisation, downhole geophysics, geological interpretation and broader exploration, as well as working capital. With multiple fully permitted walk-up targets along a largely untested 15km Bugow Iron Formation corridor and acquisition completion expected in late February, the program is positioned as a key near-term catalyst that could materially advance Cabin Lake and strengthen FIN’s exploration portfolio.
The most recent analyst rating on (AU:FIN) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Fin Resources Limited stock, see the AU:FIN Stock Forecast page.
Fin Resources has materially upgraded confidence in the Cabin Lake Gold Project’s grade and continuity after a 2025 due diligence program re-sampled historical diamond drill core and tested previously unassayed intervals, including an enhanced intercept of 31.4 metres at 15.2 g/t gold from hole CL-20-08 versus an historic 13.8 g/t. The work confirms the reliability and, in some cases, improves historic high-grade results, while new sampling of 2022 core has identified broader, more continuous gold mineralisation and potential extensions along strike and at depth, providing low-cost upside and sharpening drill targets through integrated petrophysical, magnetic and IP analysis ahead of an approximately 1,500 metre maiden drilling campaign planned to start in early March.
The most recent analyst rating on (AU:FIN) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Fin Resources Limited stock, see the AU:FIN Stock Forecast page.
Fin Resources has acquired the fully permitted, drill-ready Cabin Lake Gold Project in Canada, a high-grade, near-surface gold asset hosted within the Bugow Iron Formation of the Archean Slave Craton, a stratigraphy comparable to that of the historic Lupin Gold Mine. During the December 2025 quarter, the company completed a maiden site visit, initiated relocation and detailed review of historic drill core, refined drill targets and prospect rankings, and submitted both previously unassayed and re-assay samples to potentially consolidate mineralised zones into broader continuous ore bodies, setting up near-term catalysts and underpinning its 2026 drilling program in a Tier 1 jurisdiction with strong First Nations engagement and existing access agreements.
The most recent analyst rating on (AU:FIN) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Fin Resources Limited stock, see the AU:FIN Stock Forecast page.
Fin Resources will launch a 1,500-metre maiden drilling program at its high-grade Cabin Lake Gold Project in Canada’s Northwest Territories in early March, following rapid progress since announcing the acquisition. The company has appointed Aurora Geosciences to manage the winter campaign, is constructing an ice road and camp infrastructure, and will use oriented diamond core and downhole geophysics to verify historical high-grade intercepts and test new greenfields targets within the Bugow Iron Formation under JORC-compliant QA/QC protocols. Legal due diligence on the acquisition has been completed, key agreements with the vendor and royalty holder are in place, and the mineral claim has been transferred to Fin’s Canadian subsidiary, with final completion of the transaction expected once the Land Use Permit assignment is approved, positioning the company to accelerate resource definition and potentially strengthen its foothold in the North American gold exploration sector.
The most recent analyst rating on (AU:FIN) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Fin Resources Limited stock, see the AU:FIN Stock Forecast page.
Fin Resources Limited has issued 160,569,229 fully paid ordinary shares without a prospectus or other disclosure document, relying on provisions of the Corporations Act that allow such capital raisings under specific conditions. The company confirmed it is up to date with its financial reporting and continuous disclosure obligations and stated there is no excluded information that must be disclosed, signalling that the new shares can trade freely and that the capital raising has been structured to comply with Australian securities regulations, with implications for existing shareholder dilution and the company’s funding capacity.
The most recent analyst rating on (AU:FIN) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Fin Resources Limited stock, see the AU:FIN Stock Forecast page.
Fin Resources Limited has reported a change in the indirect security holdings of director Bruce McFadzean via his interest in Tardis Too Pty Ltd
The most recent analyst rating on (AU:FIN) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Fin Resources Limited stock, see the AU:FIN Stock Forecast page.
Fin Resources Limited has applied to the ASX for quotation of 87,607,691 new fully paid ordinary shares, expanding its listed securities base. The issuance, which relates to previously announced transactions, increases the company’s share capital and could have implications for existing shareholders through dilution while potentially providing additional financial flexibility to support future corporate or operational initiatives.
The most recent analyst rating on (AU:FIN) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Fin Resources Limited stock, see the AU:FIN Stock Forecast page.
Fin Resources Limited has issued 4.5 million fully paid ordinary shares to a consultant as payment for part of an invoice under previously negotiated commercial terms that allowed settlement in equity rather than cash. The new shares, dated 31 December 2025, are now being applied for quotation on the ASX, slightly diluting existing shareholders while preserving the company’s cash reserves and formalising an equity-based consulting arrangement.
The most recent analyst rating on (AU:FIN) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Fin Resources Limited stock, see the AU:FIN Stock Forecast page.
Fin Resources Limited has applied to the ASX for quotation of 68,461,538 new fully paid ordinary shares, expanding its listed capital base. The issuance, which stems from previously announced transactions, is set to increase the company’s tradable securities from 31 December 2025, potentially enhancing liquidity and providing additional capital flexibility for future corporate and operational initiatives, with implications for existing shareholders through dilution and a broader investor base.
The most recent analyst rating on (AU:FIN) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Fin Resources Limited stock, see the AU:FIN Stock Forecast page.
Fin Resources Limited has notified the market of a new issue of 68,461,538 unquoted options, which are not intended to be quoted on the ASX. The issuance, formalised via an Appendix 3G filing, reflects a capital management or incentive-related move that adjusts the company’s unquoted equity structure and may impact existing stakeholders through future potential dilution if the options are exercised.
The most recent analyst rating on (AU:FIN) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Fin Resources Limited stock, see the AU:FIN Stock Forecast page.
Fin Resources Limited, an Australian Securities Exchange issuer under code FIN, has notified the market of changes to its capital structure involving unquoted equity securities. The company will issue 55 million unquoted options on 31 December 2025 under a previously announced transaction, with these options not intended for quotation on the ASX, signalling a targeted use of equity-based instruments that may affect ownership dilution and incentive structures for existing stakeholders.
The most recent analyst rating on (AU:FIN) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Fin Resources Limited stock, see the AU:FIN Stock Forecast page.
Fin Resources Limited has reported that all resolutions put to shareholders at its 30 December 2025 general meeting were passed by poll, with strong voting support across the register. The approvals cover the issue of consideration shares and performance rights to a seller, ratification and further issuance of placement shares, fees and options to advisors and consultants, and amendments to convertible note terms, collectively strengthening the company’s capacity to complete transactions, compensate service providers and manage its capital structure, which may enhance its financial flexibility and support future project and corporate initiatives.
Fin Resources Limited has amended its previous announcement regarding the Cabin Lake Gold Project to include additional information on visual mineralisation and estimated timeframes for assay results. The company has identified untested mineralisation potential in unsampled drillholes from 2022, with priority sampling currently underway to confirm the presence of gold. The initiative aims to accelerate discovery at minimal cost, with 3D geophysics reprocessing and strong community support paving the way for a planned drilling program in 2026.
FIN Resources Limited has announced significant progress in its Cabin Lake Gold Project, with new unassayed mineralized zones identified that could enhance the project’s value ahead of the 2026 drilling program. The company is undertaking sampling of previously untested drill holes, reprocessing geophysical data, and has secured strong local and First Nations support, positioning itself for a catalyst-rich period in the coming year.
Fin Resources Limited announced a change in the director’s interest, with Bruce McFadzean acquiring an additional 5,454,545 ordinary fully paid shares through Tardis Too Pty Ltd, as approved by shareholders at the company’s AGM. This acquisition, made in lieu of cash for director services, increases McFadzean’s total holdings to 9,954,545 shares, potentially strengthening his influence and aligning his interests with the company’s performance.
Fin Resources Limited has announced the issuance of 27,272,725 fully paid ordinary shares without disclosure to investors, in compliance with the Corporations Act 2001. This move indicates the company’s adherence to regulatory requirements and suggests a strategic financial maneuver to potentially enhance its capital structure, which may impact its market positioning and stakeholder interests.
Fin Resources Limited has announced the issuance of 27,272,725 fully paid ordinary shares, following shareholder approval obtained at the recent AGM. This move is part of the company’s strategy to enhance its capital structure, potentially impacting its market position and providing opportunities for growth and development within the industry.
FIN Resources Limited has strengthened its technical team with the appointments of Dr. Solomon Buckman and Mr. Stephen Winterbottom to enhance its exploration capabilities at the Cabin Lake Gold Project in Canada. The company has commenced on-site assessments and due diligence activities, with historical data indicating significant high-grade gold potential. These developments position FIN for accelerated project development and potential growth in 2026.