Want to see AU:FRB full AI Analyst Report?
Top Page
Firebird Metals Ltd.
(Sydney:FRB)
Select Model
Select Model
Rating:50Neutral
Price Target:
AU$0.18
▲(5.88% Upside)
Action:Reiterated
Date:04/25/26
The score is held back primarily by weak financial performance (no revenue, continuing losses, and negative free cash flow), partially offset by a low-debt balance sheet and modest improvement in FY2025 cash outflow/losses. Technicals add some support with mildly positive momentum, while valuation remains unattractive/unclear due to negative earnings and no dividend.
Positive Factors
Conservative balance sheet / low leverage
Very low debt and a meaningful equity base provide structural financial flexibility for a pre-revenue explorer. This lowers short-to-medium-term insolvency risk, supports continued project spending, and lengthens runway versus highly leveraged peers while development decisions progress.
Negative Factors
Pre-revenue, persistent operating losses
A sustained pre-revenue profile means the business lacks operating cash inflows and remains wholly reliant on capital markets or partners. Continued operating losses erode equity, postpone self-sustaining operations, and make long-term planning contingent on successful financing or asset monetisation.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative balance sheet / low leverage
Very low debt and a meaningful equity base provide structural financial flexibility for a pre-revenue explorer. This lowers short-to-medium-term insolvency risk, supports continued project spending, and lengthens runway versus highly leveraged peers while development decisions progress.
Read all positive factors
Firebird Metals Ltd. (FRB) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$31.00M
Dividend YieldN/A
Average Volume (3M)237.95K
Price to Earnings (P/E)―
Beta (1Y)2.11
Revenue GrowthN/A
EPS Growth-46.15%
CountryAU
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryOther Precious Metals
Share Statistics
EPS (TTM)-0.03
Shares Outstanding182,361,400
10 Day Avg. Volume276,835
30 Day Avg. Volume237,952
Financial Highlights & Ratios
PEG Ratio0.08
Price to Book (P/B)1.01
Price to Sales (P/S)0.00
P/FCF Ratio-5.20
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
Firebird Metals Ltd. Business Overview & Revenue Model
Company Description
Firebird Metals Limited is an Australian entity primarily engaged in the exploration and assessment of manganese properties. The Oakover Manganese project stands as its flagship initiative, encompassing 360 square kilometers within Western Austral...
How the Company Makes Money
null...
Firebird 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 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -279.55K | -213.57K | 110.00K | -58.35K | -61.62K | -4.91K |
| EBITDA | -2.38M | -2.08M | -4.73M | -891.67K | -1.10M | -3.39M |
| Net Income | -4.79M | -2.27M | -4.66M | -952.13K | -1.17M | -3.39M |
Balance Sheet | ||||||
| Total Assets | 15.46M | 11.22M | 12.88M | 6.72M | 4.13M | 5.20M |
| Cash, Cash Equivalents and Short-Term Investments | 5.16M | 1.50M | 5.07M | 1.30M | 500.65K | 3.81M |
| Total Debt | 281.21K | 335.71K | 0.00 | 56.39K | 56.39K | 113.38K |
| Total Liabilities | 784.06K | 652.28K | 245.59K | 333.42K | 191.22K | 259.42K |
| Stockholders Equity | 14.67M | 10.57M | 12.64M | 6.39M | 3.94M | 4.94M |
Cash Flow | ||||||
| Free Cash Flow | -3.56M | -2.05M | -3.00M | -2.31M | -3.24M | -1.08M |
| Operating Cash Flow | -3.18M | -1.92M | -2.13M | -718.80K | -1.00M | -303.17K |
| Investing Cash Flow | -2.15M | -1.69M | -1.75M | -1.69M | -2.24M | -779.23K |
| Financing Cash Flow | 5.38M | 26.16K | 7.68M | 3.21M | -64.00K | 4.89M |
Firebird Metals Ltd. Technical Analysis
Positive
0.17
Price Trends
0.17
Positive
0.18
Negative
0.20
Negative
Market Momentum
<0.01
Positive
50.55
Neutral
21.37
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:FRB, the sentiment is Positive. The current price of 0.17 is below the 20-day moving average (MA) of 0.18, below the 50-day MA of 0.17, and below the 200-day MA of 0.20, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 50.55 is Neutral, neither overbought nor oversold. The STOCH value of 21.37 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:FRB.
Firebird 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% | |
50 Neutral | AU$31.00M | -5.59 | -37.92% | ― | ― | -46.15% | |
49 Neutral | AU$41.71M | -32.67 | -4.04% | ― | 275.96% | 87.90% | |
49 Neutral | AU$20.32M | -35.00 | -24.52% | ― | ― | 58.82% | |
44 Neutral | AU$33.39M | -5.58 | -19.53% | ― | ― | -8.74% | |
43 Neutral | AU$42.51M | -23.13 | -99.27% | ― | ― | 54.55% |
* Basic Materials Sector Average
AU:FRB
Firebird Metals Ltd.
0.18
<0.01
2.94%
AU:AUQ
Alara Resources
0.05
<0.01
17.50%
AU:LML
Lincoln Minerals Limited
0.01
0.00
0.00%
AU:MRD
Mount Ridley Mines Limited
0.04
0.02
208.33%
AU:G11
Odin Metals Ltd
0.20
0.05
34.23%
AU:AR3
Australian Rare Earths Limited
0.13
0.02
13.64%
Firebird Metals Ltd. Corporate Events
Firebird Metals Advances Perth Battery Materials Plant With ARENA Grant
Jul 29, 2026
Firebird Metals has moved its Australian Demonstration Plant from planning into delivery, securing a multi-year lease on a 775 sqm purpose-built facility in Osborne Park, Perth. The site will host what the company says is the only fully integrated...
Firebird Metals to Present at Sharewise Investor Webinar
Jul 21, 2026
Firebird Metals Ltd., an Australian-owned participant in the metals industry, continues to build its profile within the investment community by leveraging online channels to communicate with shareholders. The company’s management, led by CEO...
Firebird Metals Gains Third-Party Validation for Ultra-High Purity Battery-Grade Manganese
Jul 2, 2026
Firebird Metals has reported that independent international customer testing has confirmed its ability to produce ultra-high purity manganese sulphate exceeding 99.99%, with impurity levels well below Chinese industry standards across all key para...
Firebird Metals locks in key equipment orders for Australian manganese battery materials plant
Jun 16, 2026
Firebird Metals has ordered all long-lead equipment for its Australian Demonstration Plant in Perth, a key milestone that keeps the project on schedule and on budget and enables the first payment under its ARENA grant. The equipment, procured via ...
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.