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Enegex Limited
(Sydney:FMN)
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Rating:43Neutral
Price Target:
AU$0.17
▼(-33.08% Downside)
Action:Reiterated
Date:07/28/26
The score is primarily held down by very weak financial performance (recurring losses, minimal revenue, and ongoing cash burn with shrinking equity). Technicals provide only modest support via a short-term rebound above the 20/50-day averages, but the longer-term trend remains negative (below 100/200-day). Valuation is not supportive given negative earnings and no dividend data.
Positive Factors
Low Leverage
Enegex's absence of reported debt lowers fixed interest obligations and reduces refinancing and covenant risk. Over the coming months this structural low‑leverage position preserves financial flexibility, making the company less vulnerable to rate shifts and giving management options to prioritize operational recovery.
Negative Factors
Persistent Cash Burn
Consistent negative operating and free cash flow means Enegex structurally consumes cash rather than generating it. This ongoing burn increases reliance on external financing, elevates dilution or debt risk over time, and constrains the firm's capacity to invest in sales, R&D, or margin improvement needed for recovery.
Read all positive and negative factors
Positive Factors
Negative Factors
Low Leverage
Enegex's absence of reported debt lowers fixed interest obligations and reduces refinancing and covenant risk. Over the coming months this structural low‑leverage position preserves financial flexibility, making the company less vulnerable to rate shifts and giving management options to prioritize operational recovery.
Read all positive factors
Enegex Limited (FMN) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$51.09M
Dividend YieldN/A
Average Volume (3M)1.25M
Price to Earnings (P/E)―
Beta (1Y)0.82
Revenue GrowthN/A
EPS Growth75.81%
CountryAU
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding300,514,000
10 Day Avg. Volume685,090
30 Day Avg. Volume1,251,233
Financial Highlights & Ratios
PEG Ratio-0.29
Price to Book (P/B)3.12
Price to Sales (P/S)0.00
P/FCF Ratio-8.50
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
Enegex Limited Business Overview & Revenue Model
Company Description
Famien Resources Limited is an Australian company primarily engaged in the identification, evaluation, and strategic investment in natural resource properties throughout Australia. The firm specifically targets deposits rich in gold, nickel, coppe...
How the Company Makes Money
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Enegex Limited Financial Statement Overview
Summary
Income Statement
14
Very Negative
Balance Sheet
46
Neutral
Cash Flow
22
Negative
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| Gross Profit |
| EBITDA |
| Net Income |
Balance Sheet |
| Total Assets |
| Cash, Cash Equivalents and Short-Term Investments |
| Total Debt |
| Total Liabilities |
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Enegex Limited Technical Analysis
Negative
0.26
Price Trends
0.17
Negative
0.20
Negative
0.22
Negative
Market Momentum
>-0.01
Positive
41.03
Neutral
-10.32
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:FMN, the sentiment is Negative. The current price of 0.26 is above the 20-day moving average (MA) of 0.17, above the 50-day MA of 0.17, and above the 200-day MA of 0.22, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 41.03 is Neutral, neither overbought nor oversold. The STOCH value of -10.32 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:FMN.
Enegex Limited 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% | |
49 Neutral | AU$49.70M | -16.67 | -2.34% | ― | ― | 40.68% | |
47 Neutral | AU$34.93M | -6.67 | -26.95% | ― | ― | -52.75% | |
47 Neutral | AU$51.02M | -64.06 | -16.47% | ― | ― | 84.52% | |
46 Neutral | AU$51.34M | -5.12 | -47.54% | ― | ― | 77.37% | |
43 Neutral | AU$51.09M | -64.98 | -14.86% | ― | ― | 75.81% | |
37 Underperform | AU$47.19M | -3.98 | -29.24% | ― | ― | -43.78% |
* Basic Materials Sector Average
AU:FMN
Enegex Limited
0.17
0.08
85.39%
AU:LSA
Lachlan Star
0.11
0.04
69.35%
AU:STM
Sunstone Metals Limited
0.20
-0.43
-68.25%
AU:COD
Coda Minerals Ltd
0.12
0.04
43.75%
AU:AKN
AuKing Mining Ltd
0.02
0.01
100.00%
AU:KLI
Killi Resources Limited
0.23
0.19
542.86%
Enegex Limited Corporate Events
Famien Resources Highlights Côte d’Ivoire Gold Exploration Progress
Jul 21, 2026
Famien Resources has released a corporate presentation outlining its ongoing gold exploration program in Côte d’Ivoire and the expansion of its ground portfolio. The update highlights recent drilling campaigns at Tougbe and Gogo, where ...
Famien Resources Reports Strong Early Gold Intercepts in Côte d’Ivoire Drilling
Jul 21, 2026
Famien Resources has resumed normal operations on its maiden 3,500m reverse circulation drilling program at the Bonougbara Trend on the Gogo permit in Côte d’Ivoire, after maintenance issues caused earlier delays. Initial results from f...
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.