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Felix Gold Ltd. (AU:FXG)
ASX:FXG
Australian Market

Felix Gold Ltd. (FXG) AI Stock Analysis

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AU

Felix Gold Ltd.

(Sydney:FXG)

Rating:39Underperform
Price Target:
Felix Gold Ltd.'s overall stock score is driven primarily by its financial performance, which is hampered by ongoing losses and the need for additional funding. Technical analysis indicates mixed trends with potential short-term declines but some support at longer-term averages. The valuation highlights the speculative nature of investing in an exploration-stage company.

Felix Gold Ltd. (FXG) vs. iShares MSCI Australia ETF (EWA)

Felix Gold Ltd. Business Overview & Revenue Model

Company DescriptionFelix Gold Ltd. (FXG) is a mineral exploration company focused on the discovery and development of gold deposits. Operating primarily in Australia, the company leverages advanced geological techniques to identify high-potential sites for gold mining. Felix Gold is committed to sustainable and responsible mining practices, aiming to enhance shareholder value through strategic exploration and resource development.
How the Company Makes MoneyFelix Gold Ltd. generates revenue primarily through the exploration and development of gold mining projects. The company identifies and acquires promising mineral properties, conducts extensive exploration activities to determine the viability of these sites, and then either develops the mines themselves or partners with larger mining companies. These partnerships can involve joint ventures or outright sales of mining rights, providing Felix Gold with upfront payments, royalties, or a share of the profits. Additionally, the company may raise funds through equity financing, enabling further exploration and development activities.

Felix Gold Ltd. Financial Statement Overview

Summary
Felix Gold Ltd. is in the exploration stage, characterized by no current revenue and ongoing operational losses. The balance sheet shows a strong equity base with limited debt, but cash flow challenges persist. The company will need to secure additional financing to continue its exploration activities and eventually achieve revenue generation.
Income Statement
20
Very Negative
Felix Gold Ltd. currently has no revenue, leading to negative profit margins. The gross profit, EBIT, and net income are negative, indicating ongoing losses. This reflects the early stage of development typical in the gold exploration industry. There is no revenue growth due to the absence of reported revenue.
Balance Sheet
40
Negative
The company has a strong equity base with a high equity ratio, reflecting low leverage. However, the total debt has increased, though it remains manageable relative to equity. The absence of revenue and continuing losses negatively impact the company's return on equity.
Cash Flow
25
Negative
Negative free cash flow growth and operating cash flow indicate financial strain. The company relies on financing activities to cover cash outflows, typical for companies in the exploration phase. The cash flow situation highlights the need for future funding to sustain operations.
BreakdownTTMJun 2024Jun 2023Jun 2022Jun 2021
Income Statement
Total Revenue0.000.000.000.000.00
Gross Profit-5.31K-10.70K-10.68K-9.86K0.00
EBITDA-975.16K-1.55M-2.21M-2.14M474.37K
Net Income-980.47K-1.56M-2.22M-2.15M-948.74K
Balance Sheet
Total Assets25.28M20.76M18.84M18.54M7.24M
Cash, Cash Equivalents and Short-Term Investments4.23M1.60M1.26M6.93M5.07M
Total Debt0.00730.00K0.000.000.00
Total Liabilities285.82K951.81K133.55K743.01K80.38K
Stockholders Equity24.99M19.80M18.71M17.80M7.16M
Cash Flow
Free Cash Flow-532.17K-3.13M-8.33M-7.66M-2.89M
Operating Cash Flow-532.17K-1.02M-1.57M-1.90M-716.13K
Investing Cash Flow-728.71K-2.11M-6.77M-5.91M-2.18M
Financing Cash Flow2.63M3.48M2.66M9.65M7.97M

Felix Gold Ltd. Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.13
Price Trends
50DMA
0.15
Negative
100DMA
0.15
Negative
200DMA
0.12
Positive
Market Momentum
MACD
>-0.01
Positive
RSI
41.82
Neutral
STOCH
35.00
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:FXG, the sentiment is Negative. The current price of 0.13 is below the 20-day moving average (MA) of 0.14, below the 50-day MA of 0.15, and above the 200-day MA of 0.12, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 41.82 is Neutral, neither overbought nor oversold. The STOCH value of 35.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:FXG.

Felix Gold Ltd. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (43)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
AURMS
77
Outperform
$2.76B7.8026.42%3.86%54.37%310.22%
AUGOR
76
Outperform
$3.53B24.6613.42%0.92%11.93%22.74%
AUNST
75
Outperform
$26.25B22.2611.01%2.72%25.11%28.88%
AUEVN
72
Outperform
$15.54B22.4716.97%1.79%60.56%302.20%
AUSBM
46
Neutral
$314.03M-15.72%
43
Neutral
AU$1.42B-6.13-40.62%4.05%-4.78%-42.91%
AUFXG
39
Underperform
AU$57.05M-11.91%9.01%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:FXG
Felix Gold Ltd.
0.13
0.09
225.00%
AU:SBM
St. Barbara
0.29
0.07
31.82%
AU:EVN
Evolution Mining
7.81
4.17
114.32%
AU:NST
Northern Star Resources Ltd
18.39
5.97
48.09%
AU:GOR
Gold Road Resources Ltd
3.25
1.48
83.20%
AU:RMS
Ramelius Resources Limited
2.38
0.51
27.07%

Felix Gold Ltd. Corporate Events

Felix Gold Limited Announces Proposed Securities Issue
May 5, 2025

Felix Gold Limited has announced a proposed issue of securities, specifically 13,000,000 unlisted options priced at $0.2325 each, with the issue date set for June 19, 2025. This move is part of a placement or other type of issue, as per the company’s announcement to the Australian Securities Exchange (ASX). The issuance of these securities could potentially impact the company’s financial structure and market positioning, offering stakeholders an opportunity to invest in the company’s growth initiatives.

Felix Gold Ltd. Announces Proposed Securities Issue
May 5, 2025

Felix Gold Ltd. has announced a proposed issue of securities, with a total of 27,636,010 ordinary fully paid shares to be issued. This move is part of a placement or other type of issue, scheduled for June 26, 2025, and is expected to impact the company’s capital structure and potentially enhance its market positioning by providing additional financial resources.

Felix Gold Ltd. Announces Proposed Issue of Securities
May 5, 2025

Felix Gold Ltd. has announced a proposed issue of 82,041,410 ordinary fully paid securities, set to be issued on May 9, 2025. This move is part of the company’s strategy to raise capital, potentially impacting its operational capacity and market positioning by enhancing its financial resources for future projects.

Felix Gold Secures $17 Million for Alaskan Exploration
May 5, 2025

Felix Gold Limited has successfully raised $17 million through a two-tranche placement, supported by both offshore and Australian institutional investors. The funds will be used for drilling, exploration, and other corporate costs to advance their projects in Alaska. This placement highlights the strong interest and confidence in Felix Gold’s assets and positions the company to further its development initiatives.

Felix Gold Requests Trading Halt Amid Potential Capital Raising
May 1, 2025

Felix Gold Limited, listed on the Australian Stock Exchange under the ticker FXG, has requested a trading halt for its securities. This halt is pending an announcement related to a potential material capital raising. The trading halt will remain in effect until either the announcement is made or normal trading resumes on May 5, 2025. This move suggests that Felix Gold is preparing for a significant financial maneuver, which could impact its market positioning and stakeholder interests.

Felix Gold Advances Antimony Exploration at Treasure Creek
Apr 15, 2025

Felix Gold Limited has announced significant advancements in its antimony exploration program at the Treasure Creek Project in Alaska. The company has initiated a gravity survey and finalized plans for an induced polarization survey, with drilling scheduled to begin in May 2025. Felix Gold is progressing towards potential antimony production by the end of 2025, supported by engineering and metallurgical studies, community engagement, and government support. The project aims to align with U.S. critical minerals policy, potentially becoming the first domestic antimony producer in over 30 years. This development could significantly impact the company’s operations and position in the industry, offering investors exposure to critical minerals, gold, and U.S. resource nationalism.

Felix Gold Announces Upcoming Shareholder Meeting
Apr 11, 2025

Felix Gold Limited has announced a General Meeting of Shareholders scheduled for 12 May 2025. The company has released the notice of the meeting and related documents, emphasizing the shift to digital communication in accordance with recent legislative changes. This meeting is an opportunity for shareholders to engage with the company’s strategic direction and governance.

Felix Gold Limited Releases Interim Financial Report for 2024
Mar 14, 2025

Felix Gold Limited has released its interim financial report for the half-year ending December 31, 2024. The report includes various financial statements and declarations, reflecting the company’s financial performance and position. This release provides stakeholders with insights into the company’s financial health and operational outcomes for the specified period.

Felix Gold Successfully Passes General Meeting Resolutions
Feb 18, 2025

Felix Gold Limited announced that all resolutions proposed at the recent General Meeting were successfully passed by a poll. This outcome supports the company’s ongoing efforts to enhance its operations in Alaska’s Fairbanks Gold District, potentially strengthening its position in the gold and critical minerals market.

Felix Gold Reveals High-Grade Antimony Discoveries at Treasure Creek
Feb 11, 2025

Felix Gold Limited, a company engaged in mining and exploration, has announced significant high-grade antimony findings from its trenching and sampling program at the Treasure Creek Project. The results highlight exceptional mineralization, with peak antimony concentrations reaching up to 65.4% at the NW Array site and multiple high-grade samples from the Scrafford Shear location. These findings enhance the potential for establishing antimony production centers at Treasure Creek, offering strategic importance due to recent supply chain vulnerabilities caused by China’s antimony export restrictions. This positions Felix Gold’s project as a vital contributor to domestic U.S. antimony supply for critical applications.

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.Date of analysis: Apr 08, 2025