Genesis Resources Limited (GES) AI Stock Analysis

• Market Cap: AU$7.83M
• Dividend Yield: N/A
• Average Volume (3M): 150.28K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.94
• Revenue Growth: N/A
• EPS Growth: -7.41%
• Country: AU
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): >-0.01
• Shares Outstanding: 782,841,300
• 10 Day Avg. Volume: 62,343
• 30 Day Avg. Volume: 150,282
• PEG Ratio: -0.23
• Price to Book (P/B): 1.60
• Price to Sales (P/S): 107.53
• P/FCF Ratio: -2.96
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 44 Neutral
• Price Target: AU$0.01 ▲(10.00% Upside)
• Action: Upgraded Date: 12/30/25
• Date: Action: Upgraded 12/30/25

Overall score is weighed down primarily by weak financial performance (ongoing losses, negative cash flow, and significantly higher leverage with declining equity). Limited technical indicator data and an uninformative negative P/E due to losses constrain conviction from technical and valuation perspectives.

Positive Factors

Revenue Rebound

A clear revenue rebound in 2025 signals renewed commercial traction and product or market acceptance versus prior years. If sustained, rising top-line provides the foundation to scale operations, absorb fixed costs, and improve margins over the medium term, reducing execution risk.

Stable Asset Base

A materially stable asset base (~$23.5M) provides tangible backing and optionality for restructuring, asset-backed financing or sale of non-core assets. This balance-sheet buffer supports longer-term solvency planning and creditor negotiations while operations improve.

Improving Cash Burn Trend

A reduction in free cash flow losses indicates better cash discipline or higher operational throughput. Continued improvement in cash burn can materially lower refinancing needs and interest exposure, increasing runway and enabling management to execute a turnaround strategy.

Negative Factors

Persistent Losses

Ongoing net losses and negative operating earnings are a structural concern: they prevent internal funding of growth, erode equity and limit reinvestment. Until profitability is achieved, the company remains dependent on external capital, raising dilution and refinancing risk.

Sharp Leverage Increase

A jump to ~5.9x debt/equity materially increases refinancing and interest-rate risk. High leverage coupled with losses constrains strategic flexibility, raises default/dilution probability, and elevates the cost of capital, making sustained recovery harder without operational turnaround.

Revenue Volatility

Repeated revenue volatility and prior zero-revenue periods indicate inconsistent commercialization or market demand. This undermines forecasting, prevents predictable margin expansion, and raises execution risk for scaling the business even if recent revenue gains continue.

Genesis Resources Limited Business Overview & Revenue Model

Company Description

Genesis Resources Limited engages in the exploration and evaluation of mineral properties in Australia and Macedonia. It explores for copper, iron, gold, manganese, silver, and other base metals. The company owns five exploration licenses covering an area of approximately 854.9 square kilometers in Queensland and the Northern Territory of Australia. It also holds 62% interest in the Plavica project that covers an area of 16.85 square kilometers located in the Kratovo district to the north east of Macedonia. The company was incorporated in 2005 and is based in Melbourne, Australia.

How the Company Makes Money

Genesis Resources Limited generates revenue through the exploration and development of mineral resource projects. The company's primary revenue streams include the sale of extracted minerals such as gold, copper, and base metals, often through long-term contracts with commodity buyers and trading firms. Additionally, Genesis Resources may engage in joint ventures or partnerships with other mining companies to share costs and risks associated with large-scale exploration and development projects. Revenue is also derived from the sale or optioning of their mineral properties to larger mining entities seeking to expand their resource base. Furthermore, the company may raise funds through equity financing or debt instruments to support its exploration and development activities.

Genesis Resources Limited Financial Statement Overview

Summary

Financial profile is high risk: persistent net losses, negative operating earnings and cash burn, plus a materially weakened balance sheet with sharply higher leverage (debt rising while equity shrinks). Revenue rebounded in 2025 but remains volatile and not yet sufficient to cover the cost base.

Income Statement

Operating performance remains very weak, with recurring losses and deeply negative profitability. While revenue increased in 2025 (annual revenue of 36,413 vs. very low prior-year levels), the company still produced a large net loss (about -2.28M) and negative operating earnings, indicating the cost base is far too high relative to the current revenue scale. Revenue has also been volatile across years (including multiple periods with zero revenue), which raises execution and commercialization risk.

Balance Sheet

Leverage has risen sharply and financial flexibility appears pressured. Total debt increased to ~14.44M in 2025 while equity fell to ~2.45M, pushing debt relative to equity to ~5.9x (up materially from ~2.7x in 2024 and ~0.8x in 2021). With losses persisting, returns to shareholders remain negative (return on equity about -0.93 in 2025), and the declining equity base increases refinancing and dilution risk despite a relatively stable total asset level (~23.5M).

Cash Flow

Cash generation is consistently negative, with operating cash flow remaining below zero each year and free cash flow also negative (about -1.32M in 2025). The cash burn has improved versus 2024 (free cash flow less negative than ~-2.02M), but the business still does not fund itself internally. Cash flow is also not yet supported by profits, as net income remains materially negative.

Breakdown	Jun 2025	Jun 2024	Jun 2023	Jun 2022	Jun 2021
Income Statement
Total Revenue	36.41K	0.00	6.84K	0.00	101.94K
Gross Profit	36.41K	-13.84K	6.84K	-51.55K	52.09K
EBITDA	-1.03M	-1.05M	-1.04M	-1.03M	-1.36M
Net Income	-2.28M	-2.14M	-1.97M	-2.03M	-2.20M
Balance Sheet
Total Assets	23.53M	23.30M	22.66M	21.82M	22.11M
Cash, Cash Equivalents and Short-Term Investments	105.76K	60.01K	376.58K	193.47K	703.29K
Total Debt	14.44M	13.06M	11.39M	9.79M	8.80M
Total Liabilities	21.08M	18.55M	15.77M	13.18M	11.52M
Stockholders Equity	2.45M	4.75M	6.97M	8.71M	10.63M
Cash Flow
Free Cash Flow	-1.32M	-2.02M	-1.43M	-1.43M	-1.16M
Operating Cash Flow	-1.01M	-1.06M	-1.07M	-1.13M	-957.59K
Investing Cash Flow	-311.54K	-951.51K	-361.89K	-295.79K	-203.19K
Financing Cash Flow	1.38M	1.67M	1.57M	814.80K	1.74M

Genesis Resources Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
M24	54 Neutral	AU$9.16M	-2.20	-49.72%	―	―	0.81%
GED	47 Neutral	AU$13.45M	-8.06	-8.73%	―	―	12.20%
M2R	47 Neutral	AU$6.80M	―	-16.88%	―	―	73.55%
AKN	45 Neutral	AU$15.74M	-0.97	-71.65%	―	―	―
GES	44 Neutral	AU$7.83M	-3.45	-63.22%	―	―	-7.41%
EMU	42 Neutral	AU$10.02M	-2.02	-5925.89%	―	―	40.21%

Genesis Resources Limited Corporate Events

Genesis Resources Advances Plavica Approval as Australian Drilling Disappoints

Genesis Resources’ December 2025 quarterly report shows continued progress at its Plavica gold-copper-silver project in North Macedonia, where field work is focused on gathering data to complete required environmental studies, the final component needed to secure mining approval from the government. During the quarter the company also confirmed it now owns 100% of project vehicle Silgen, having acquired its former joint venture partner Sileks’ stake in 2024 in exchange for a 4% royalty over any future production, while ongoing baseline environmental monitoring and tree planting activities were carried out in collaboration with local institutions; in contrast, recent follow-up drilling over its Alice Springs tenement in Australia delivered disappointing copper results, underscoring Plavica’s central importance to Genesis’ development pipeline.

The most recent analyst rating on (AU:GES) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Genesis Resources Limited stock, see the AU:GES Stock Forecast page.

Genesis Resources Amends 2025 AGM Presentation to Align With ASX Reporting Guidance

Genesis Resources Limited has issued an amended version of its 2025 AGM presentation, replacing the version lodged ahead of its November annual general meeting, to update disclosures related to exploration results at its Arltunga tenement. The revisions add appropriate cross-references to previously released September 2025 quarterly exploration results, streamline the competent person’s statement, and bring the document into line with ASX guidance on reporting visual mineralisation, including retracting an image of visual mineralisation and historical exploration results that should no longer be relied upon by investors, while leaving the rest of the presentation unchanged.

Genesis Resources Advances Exploration with Promising Drilling Results

Genesis Resources Limited, a company involved in exploration activities, has completed its second drilling campaigns at both Arltunga and Alice Springs tenements. The Arltunga site revealed promising results, including gold and copper findings, while results from Alice Springs are still pending. Additionally, the company is pursuing further exploration opportunities in Queensland and has received a favorable legal ruling for its Plavica project in North Macedonia, allowing mining to proceed pending environmental approvals.