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Firetail Resources Limited
(Sydney:FTL)
Firetail Resources Limited (FTL) vs. iShares MSCI Australia ETF (EWA)
Firetail Resources Limited Business Overview & Revenue Model
Firetail Resources Limited Financial Statement Overview
| Breakdown | TTM | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|
Income Statement | ||||
| Total Revenue | 166.87K | 234.08K | 165.99K | 0.00 |
| Gross Profit | 166.87K | 234.08K | 129.99K | -19.95K |
| EBITDA | -1.70M | -1.81M | -809.76K | -1.33M |
| Net Income | -5.81M | -2.70M | -847.12K | -1.36M |
Balance Sheet | ||||
| Total Assets | 27.89M | 22.15M | 14.56M | 15.26M |
| Cash, Cash Equivalents and Short-Term Investments | 1.02M | 4.70M | 5.09M | 7.36M |
| Total Debt | 48.89K | 63.43K | 12.35K | 43.47K |
| Total Liabilities | 958.84K | 783.59K | 576.07K | 384.27K |
| Stockholders Equity | 26.13M | 20.54M | 13.99M | 14.88M |
Cash Flow | ||||
| Free 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 | 1.13M | 5.47M | -31.12K | 8.37M |
Firetail Resources Limited Technical Analysis
Firetail Resources Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
57 Neutral | AU$28.88M | ― | -25.01% | ― | ― | -101.65% | |
43 Neutral | AU$1.42B | -6.13 | -40.62% | 4.05% | -4.78% | -42.91% | |
| $17.49M | 8.33 | 15.74% | ― | ― | ― | ||
47 Neutral | AU$36.68M | ― | -164.01% | ― | -95.22% | 40.91% | |
38 Underperform | AU$26.51M | ― | -18.47% | ― | ― | -175.00% | |
36 Underperform | AU$23.46M | ― | -13.51% | ― | ― | -57.50% | |
33 Underperform | AU$16.02M | ― | -6.64% | ― | ― | 37.50% |
Firetail Resources Limited Corporate Events
Firetail Resources Limited announced a proposed issue of 38,000,000 Zero Exercise Price Options (ZEPOs), classified as Class A, B, C, and D, set to expire three years from the date of issue. This strategic move is part of a placement or other type of issue, with the proposed issue date scheduled for August 15, 2025. The issuance of these securities is expected to enhance the company’s financial flexibility and support its ongoing projects, potentially strengthening its position in the resources industry.
Firetail Resources Limited has announced a General Meeting of Shareholders scheduled for July 31, 2025, in Perth, WA. The company will not be sending physical copies of the meeting notice, instead opting for electronic distribution through their website and email. Shareholders are encouraged to vote by proxy, with instructions to be submitted by July 29, 2025. This move towards digital communication reflects a broader trend in corporate governance, potentially enhancing shareholder engagement and operational efficiency.
Firetail Resources Limited has announced a general meeting to discuss several key resolutions, including the ratification of prior share issues, approval for director participation in share placements, and a proposed change of the company name to Mammoth Minerals Limited. Additionally, the company seeks approval to issue options to joint lead managers and shares for the acquisition of the Excelsior Project. These resolutions, if passed, could significantly impact the company’s strategic direction and shareholder value, marking a potential shift in its market positioning and operational focus.
Firetail Resources Limited has released an investor presentation highlighting its ongoing exploration activities across several key projects in the USA, Peru, and Canada. The company has made significant strides in its exploration efforts, including the acquisition of copper projects in Peru and Canada, and the identification of promising targets in these regions. These developments are expected to enhance Firetail’s market positioning and offer growth opportunities, potentially impacting stakeholders by increasing the company’s resource base and exploration success.
Firetail Resources Limited has announced significant findings from its initial prospecting activities at Earl’s Target, part of the Skyline Copper Project in Newfoundland, Canada. The prospecting identified an 800-meter strike trend of copper-only VMS-style mineralization, suggesting a potential Cyprus-style deposit. This discovery highlights the untapped exploration potential of the Skyline Project, which has not yet been subjected to extensive geophysical surveys. The company is also progressing with due diligence on its recent acquisitions, the Excelsior Springs Gold Project and the Bella Gold Project, indicating a strategic expansion in its exploration activities.
Firetail Resources Limited has announced a proposed issue of 49,000,000 fully paid ordinary securities, set to be issued on August 7, 2025. This move is part of a placement or other type of issue, which may impact the company’s market positioning by potentially increasing its capital base and providing additional resources for its operations.
Firetail Resources Limited has secured options to acquire significant stakes in two high-grade gold projects in the USA, located in Nevada and South Dakota. The Excelsior Springs Project in Nevada and the Bella Project in South Dakota both offer substantial exploration potential, with proven mineralization and historical production. These acquisitions are expected to enhance Firetail’s portfolio, providing diversification and exposure to robust gold markets, while positioning the company strategically within prominent North American gold mining districts.
Firetail Resources Limited, listed on the ASX, has requested a trading halt pending an announcement about a proposed material acquisition. This move is intended to provide the company with time to finalize details of the acquisition, which could significantly impact its operations and market positioning. The halt will remain in effect until the announcement is made or until normal trading resumes on June 2, 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 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 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 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.