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Firetail Resources Limited (AU:FTL)
ASX:FTL
Australian Market

Firetail Resources Limited (FTL) AI Stock Analysis

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AU

Firetail Resources Limited

(Sydney:FTL)

54Neutral
Firetail Resources Limited's overall stock score is weighed down by financial challenges, particularly in profitability and cash flow. A strong balance sheet with low leverage is a significant strength, providing some stability. Technical indicators show modest short-term upward momentum, but the long-term trend remains weak. The valuation is currently unattractive due to negative earnings and the absence of dividends. Addressing operational inefficiencies and enhancing profitability are crucial for improving the stock's outlook.

Firetail Resources Limited (FTL) vs. S&P 500 (SPY)

Firetail Resources Limited Business Overview & Revenue Model

Company DescriptionFiretail Resources Limited (FTL) is a resource exploration and development company focused on identifying and developing mineral assets critical to modern industries. The company primarily operates in the mining sector, with a focus on exploring and developing lithium, gold, and other valuable mineral resources. Firetail Resources is committed to sustainable and responsible mining practices, aiming to supply essential materials for technology and infrastructure development.
How the Company Makes MoneyFiretail Resources Limited generates revenue through the exploration and development of mineral resources, primarily lithium and gold. The company invests in identifying promising mineral deposits and advancing these projects to the production stage. Revenue is primarily derived from the sale of extracted minerals to various industries, including technology and manufacturing sectors that require these raw materials. Additionally, the company may form strategic partnerships and joint ventures with other mining firms to leverage expertise and share resources, thereby enhancing its revenue potential. The company's earnings are influenced by global market demand for minerals, commodity prices, and its ability to efficiently manage exploration and production costs.

Firetail Resources Limited Financial Statement Overview

Summary
Firetail Resources Limited faces challenges with profitability and cash flow, despite some revenue growth. The balance sheet remains strong with low leverage, providing a cushion against financial distress. However, continuous losses and negative cash flow pose risks that need addressing for long-term sustainability. The company should focus on improving operational efficiency and profitability.
Income Statement
45
Neutral
Firetail Resources Limited shows a volatile financial performance with significant losses. Revenue has increased from 2023 to 2024, indicating growth, but the company remains unprofitable. The net profit margin is negative due to high operating losses, and EBIT and EBITDA margins are also negative. The company's financial health is challenged by its inability to cover expenses with revenue.
Balance Sheet
70
Positive
The balance sheet reflects a solid equity position with a high equity ratio of 92.7%. The debt-to-equity ratio is low at 0.003, suggesting minimal leverage risk. However, the company shows a consistent increase in liabilities, which should be monitored. Overall, the balance sheet indicates a stable capital structure with strong equity backing.
Cash Flow
40
Negative
Firetail Resources Limited's cash flow statement highlights significant cash outflows, particularly in capital expenditures. The free cash flow is negative and deteriorating, reflecting a substantial cash burn. The operating cash flow to net income ratio is negative due to operating losses, indicating inefficiencies in cash generation from operations.
Breakdown
TTMJun 2024Jun 2023Jun 2022
Income StatementTotal Revenue
166.87K234.08K165.99K0.00
Gross Profit
166.87K234.08K129.99K-19.95K
EBIT
-1.39M-1.77M-991.76K-1.35M
EBITDA
-1.70M-1.81M-809.76K-1.33M
Net Income Common Stockholders
-5.81M-2.70M-847.12K-1.36M
Balance SheetCash, Cash Equivalents and Short-Term Investments
1.02M4.70M5.09M7.36M
Total Assets
27.89M22.15M14.56M15.26M
Total Debt
48.89K63.43K12.35K43.47K
Net Debt
-973.82K-4.64M-5.08M-7.32M
Total Liabilities
958.84K783.59K576.07K384.27K
Stockholders Equity
26.13M20.54M13.99M14.88M
Cash FlowFree Cash Flow
-5.77M-5.34M-2.12M-1.01M
Operating Cash Flow
-1.23M-889.59K-714.55K-532.23K
Investing Cash Flow
-5.63M-4.98M-1.53M-475.19K
Financing Cash Flow
1.13M5.47M-31.12K8.37M

Firetail Resources Limited Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.06
Price Trends
50DMA
0.06
Positive
100DMA
0.06
Negative
200DMA
0.08
Negative
Market Momentum
MACD
<0.01
Negative
RSI
56.72
Neutral
STOCH
68.89
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:FTL, the sentiment is Positive. The current price of 0.06 is above the 20-day moving average (MA) of 0.06, above the 50-day MA of 0.06, and below the 200-day MA of 0.08, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 56.72 is Neutral, neither overbought nor oversold. The STOCH value of 68.89 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:FTL.

Firetail Resources Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (50)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
AUNST
78
Outperform
$26.49B21.8411.01%2.75%25.11%28.88%
AUIGO
62
Neutral
$3.26B1,418.92-36.53%6.46%-28.50%-532.61%
AUFTL
54
Neutral
AU$22.80M-25.01%-101.65%
AULYC
51
Neutral
$7.17B140.812.27%-20.07%-74.91%
50
Neutral
$1.98B-1.12-21.33%3.61%1.68%-30.56%
AUCHN
48
Neutral
€441.55M-16.63%57.93%
AUSYR
44
Neutral
$401.26M-33.63%-33.27%-10.07%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:FTL
Firetail Resources Limited
0.06
<0.01
20.00%
AU:LYC
Lynas Rare Earths
7.66
0.58
8.19%
AU:NST
Northern Star Resources Ltd
18.53
3.88
26.51%
AU:SYR
Syrah Resources
0.40
-0.09
-18.37%
AU:IGO
IGO
4.30
-3.31
-43.51%
AU:CHN
Chalice Mining
1.14
-0.59
-34.01%

Firetail Resources Limited Corporate Events

Firetail Resources Advances Copper Exploration in Canada and Peru
May 7, 2025

Firetail Resources Limited is advancing its copper exploration projects in Canada and Peru, with significant progress reported at the Skyline Copper Project in Canada and the Picha Copper Project in Peru. The company’s recent activities, including drilling and geophysical surveys, aim to enhance the mineralization potential at these sites, positioning Firetail as a key player in the copper exploration industry.

Firetail Resources Advances Skyline and Picha Projects with Encouraging Results
Apr 24, 2025

Firetail Resources Limited reported significant advancements in its Skyline Copper Project in Canada and Picha Project in Peru for the March 2025 quarter. The company received encouraging assay results from its maiden drilling program at Skyline, confirming mineralization continuity and identifying new exploration targets. The Picha Project was selected for BHP Xplor’s accelerator program, providing funding and technical support to accelerate exploration efforts. Additionally, a $2.8 million share placement was completed to support ongoing exploration activities.

Firetail Resources Advances Copper Exploration Projects in Canada and Peru
Apr 10, 2025

Firetail Resources Limited has been actively advancing its copper exploration projects in Canada and Peru, with recent developments including significant mineralization findings and strategic acquisitions. The company’s ongoing exploration activities, such as the Skyline Copper Project in Canada and the Picha Copper Project in Peru, are expected to enhance its market position and provide growth opportunities, potentially impacting stakeholders positively.

Firetail Resources Advances Exploration at Picha Copper Project
Apr 8, 2025

Firetail Resources Limited is advancing its exploration activities at the Picha Copper Project in Peru, focusing on the Ichucollo and Anta Q’illqa target zones. The company has initiated a UAV Magnetics Survey to enhance understanding of potential mineralization and is conducting soil sampling and geological mapping to refine drill targets. These efforts aim to identify significant copper deposits, with drill permitting for Phase 2 underway, which could strengthen Firetail’s position in the copper exploration industry.

Firetail Resources Initiates Geophysical Surveys at Skyline Copper Project
Mar 31, 2025

Firetail Resources Limited has awarded contracts for geophysical surveys at its Skyline Copper Project in Newfoundland, Canada, set to commence in April. The company aims to identify drill targets for potential large-scale Cyprus-style VMS discoveries using advanced 3D IP and UAV magnetic surveys. These surveys are expected to enhance the understanding of mineralization across the ophiolite sequence, potentially expanding the exploration space and improving target accuracy. This initiative underscores Firetail’s strategic efforts to leverage modern geophysical techniques to unlock new mineralization opportunities, potentially impacting its operational capabilities and market positioning.

Firetail Resources to Release 25 Million Shares from Escrow
Mar 18, 2025

Firetail Resources Limited announced the release of 25,000,000 ordinary fully paid shares from voluntary escrow on 25 March 2025, as per ASX Listing Rule 3.10A. This release does not alter the company’s issued capital, with half of these shares held by director-related entities, potentially impacting the company’s governance and shareholder dynamics.

Firetail Resources Limited Releases Interim Financial Report for H2 2024
Mar 14, 2025

Firetail Resources Limited has released its interim financial report for the half-year ended 31 December 2024. The report includes various financial statements and declarations, providing insights into the company’s financial performance and position. This release is crucial for stakeholders as it offers a detailed view of the company’s financial health and operational outcomes for the period.

Firetail Resources Faces Substantial Shareholding Changes
Feb 21, 2025

Firetail Resources Limited has announced significant changes in substantial holdings as Geonomics Australia Pty Ltd, Private Equity Pty Ltd, and Mr. Robert Jewson have ceased to be substantial holders due to dilution from a share issue. This change impacts the voting securities of the company with substantial reductions in shares held by these entities, signaling a potential shift in company control and influence.

York Harbour Metals Reduces Stake in Firetail Resources
Feb 21, 2025

Firetail Resources Limited has announced a change in the substantial holding of its shares by York Harbour Metals Inc. As of February 14, 2025, York Harbour Metals’ voting power in Firetail Resources has decreased from 30.19% to 22.26% due to a dilution from a share issue and on-market trades. This shift in shareholding may impact Firetail Resources’ shareholder dynamics and potentially influence the company’s strategic decisions moving forward.

Firetail Resources Expands Capital with New Share Issuance
Feb 20, 2025

Firetail Resources Limited, listed on the ASX under the symbol FTL, has issued 48,500,000 fully paid ordinary shares as part of its recent capital raising efforts. This issuance includes 47,000,000 shares from a placement announced earlier in February and 1,500,000 shares approved during the company’s Annual General Meeting in November 2024. The shares were issued without the need for a disclosure statement under the Corporations Act, and the company confirms compliance with relevant statutory provisions, indicating transparency and adherence to regulatory standards.

Firetail Resources Limited Announces Quotation of Securities
Feb 20, 2025

Firetail Resources Limited has announced the quotation of 47,000,000 ordinary fully paid securities on the Australian Securities Exchange (ASX) under the code FTL, with the issue date set for February 20, 2025. This move is part of previously announced transactions and is expected to enhance the company’s capital base, potentially impacting its market presence and providing new opportunities for investors.

Firetail Resources Issues New Securities on ASX
Feb 20, 2025

Firetail Resources Limited has announced the issuance of 1,500,000 fully paid ordinary securities on the Australian Securities Exchange, effective February 20, 2025. This development is part of a series of transactions previously disclosed to the market and marks a significant step in the company’s strategic financial activities.

Firetail Resources Advances Copper Exploration in Canada and Peru
Feb 19, 2025

Firetail Resources Limited has made significant progress in its copper exploration projects in Canada and Peru. Recent announcements highlight encouraging assay results and the identification of new targets, particularly at the Picha Project in Peru and the Skyline Copper Project in Canada. These developments indicate a strong growth trajectory for Firetail, with potential implications for the company’s market position and stakeholder interests in the mining exploration industry.

Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

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.