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GreenX Metals Limited (AU:GRX)
ASX:GRX

GreenX Metals (GRX) AI Stock Analysis

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AU:GRX

GreenX Metals

(Sydney:GRX)

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Neutral 52 (OpenAI - 5.2)
Rating:52Neutral
Price Target:
AU$0.99
▲(15.12% Upside)
The score is held back primarily by weak financial performance—no revenue, persistent losses, and ongoing cash burn—despite a low-debt balance sheet. Technical indicators are comparatively supportive (price above key moving averages with positive MACD), but valuation remains pressured due to negative earnings and no dividend yield data.
Positive Factors
Minimal Debt
A near-zero debt load materially reduces solvency and refinancing risk for this pre-revenue miner. Over the next 2-6 months, low leverage preserves strategic optionality to pursue exploration or development without immediate interest burdens, improving financial flexibility.
Equity Capital Buffer
A meaningful equity base relative to assets provides a durable cushion against write-downs and funds continued operations. This reduces near-term dilution pressure and supports capital-intensive exploration timelines typical in copper projects over a multi-month horizon.
Lean Cost Base
A small employee base implies lower fixed overhead, which can extend operational runway for a pre-revenue explorer. Over several months this structural thriftiness helps conserve cash, prioritize capital allocation to high-impact workstreams, and limit burn from payroll.
Negative Factors
No Revenue and Large Losses
Being pre-revenue with materially widening net losses is a persistent fundamental constraint. Continued operating losses erode capital, force external funding rounds, and delay path to cash profitability, undermining long-term investor returns absent a clear commercial inflection.
Consistent Cash Burn
Sustained negative operating and free cash flow indicates that accounting losses translate into real cash outflows. Over months this depletes liquid resources, increases reliance on equity financing, and constrains ability to fund exploration or development without dilutive or costly capital.
Negative Returns on Equity
Negative ROE signals the company is destroying shareholder capital rather than generating value. Structurally, this weak operating leverage makes fundraising harder and more expensive, and it suggests the current projects or operations have not yet demonstrated economically viable returns.

GreenX Metals (GRX) vs. iShares MSCI Australia ETF (EWA)

GreenX Metals Business Overview & Revenue Model

Company DescriptionGreenX Metals Limited engages in the exploration for and evaluation of arctic rift copper project in Greenland. The company was formerly known as Prairie Mining Limited and changed its name to GreenX Metals Limited in December 2021. The company was incorporated in 1957 and is based in Perth, Australia.
How the Company Makes MoneyGreenX Metals generates revenue through the exploration, development, and eventual sale of mineral resources. The company's primary revenue streams include the sale of extracted minerals to industrial manufacturers and other entities requiring raw materials for production. GreenX Metals may also engage in strategic partnerships with other mining companies or technology firms to enhance its exploration capabilities and resource extraction efficiency. Additionally, the company might benefit from governmental incentives or grants aimed at promoting sustainable mining practices. However, specific details about partnerships or additional revenue streams are not available.

GreenX Metals Financial Statement Overview

Summary
Financials reflect an early-stage, pre-revenue profile: latest year shows no revenue and continued losses, with consistently negative operating and free cash flow indicating ongoing cash burn. The main offsetting strength is a low-debt balance sheet supported by meaningful equity, reducing near-term leverage risk.
Income Statement
18
Very Negative
The income statement is weak: the latest annual period shows no revenue (down 100% year over year) and continued sizable losses (net loss of ~6.0m vs ~4.6m prior year). While prior years had modest revenue, profitability has remained consistently negative with deeply loss-making operating performance, indicating the business is still in a high-spend, pre-profit phase with limited operating leverage so far.
Balance Sheet
62
Positive
The balance sheet is a relative strength. Total debt is effectively minimal (0 in the latest year, and low historically), and equity remains sizable (~14.3m) against assets (~18.3m), suggesting low financial leverage. The key weakness is persistent negative returns on equity, reflecting ongoing losses rather than balance sheet stress.
Cash Flow
28
Negative
Cash flow quality is pressured by ongoing cash burn. Operating cash flow and free cash flow are negative across all periods, and free cash flow worsened in the latest year (~-3.6m vs ~-5.1m prior year, but still meaningfully negative). Cash outflows broadly track the net loss (free cash flow roughly in line with net income in the latest year), indicating losses are translating into real cash usage rather than being mainly non-cash.
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue0.000.00451.13K313.15K261.54K297.88K
Gross Profit-268.54K-268.54K460.00K313.15K261.54K297.88K
EBITDA-5.75M-5.75M-3.98M-3.17M-4.46M-1.51M
Net Income-6.01M-6.01M-4.55M-3.52M-3.66M-879.39K
Balance Sheet
Total Assets18.29M18.29M17.21M17.94M15.69M8.11M
Cash, Cash Equivalents and Short-Term Investments6.83M6.83M7.17M8.67M6.11M4.77M
Total Debt0.000.00302.58K582.34K854.07K171.69K
Total Liabilities3.96M3.96M2.06M2.22M3.87M2.43M
Stockholders Equity14.33M14.33M15.15M15.72M11.81M5.68M
Cash Flow
Free Cash Flow-3.56M-3.56M-5.12M-4.85M-4.44M-2.25M
Operating Cash Flow-3.56M-3.56M-3.49M-2.60M-2.37M-2.24M
Investing Cash Flow-1.22M-1.22M-1.63M-3.98M-2.04M-337.64K
Financing Cash Flow4.43M4.43M3.62M9.15M5.75M4.79M

GreenX Metals Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.86
Price Trends
50DMA
0.89
Positive
100DMA
0.84
Positive
200DMA
0.80
Positive
Market Momentum
MACD
0.04
Negative
RSI
56.04
Neutral
STOCH
65.83
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:GRX, the sentiment is Positive. The current price of 0.86 is below the 20-day moving average (MA) of 0.95, below the 50-day MA of 0.89, and above the 200-day MA of 0.80, indicating a bullish trend. The MACD of 0.04 indicates Negative momentum. The RSI at 56.04 is Neutral, neither overbought nor oversold. The STOCH value of 65.83 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:GRX.

GreenX Metals Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
61
Neutral
$10.43B7.12-0.05%2.87%2.86%-36.73%
55
Neutral
AU$191.19M-6.98-29.41%281.37%2.27%
52
Neutral
AU$296.30M-45.79-40.26%-100.00%-29.70%
52
Neutral
AU$348.02M-27.46-4.91%-20.00%
50
Neutral
AU$282.99M-3.82
49
Neutral
AU$273.79M-35.51-73.21%-11.29%
49
Neutral
AU$203.86M-1.44-57.00%-1789.13%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:GRX
GreenX Metals
0.98
0.19
24.84%
AU:HCH
Hot Chili Limited
2.01
1.35
203.63%
AU:HGO
Hillgrove Resources Limited
0.06
0.02
42.86%
AU:CYM
Cyprium Metals Limited
0.60
0.36
151.05%
AU:CVV
Caravel Minerals Limited
0.49
0.29
145.00%
AU:AR1
Austral Resources Australia Limited
0.13
-0.04
-21.88%

GreenX Metals Corporate Events

GreenX Wins Key Legal Ruling as Singapore Court Upholds Energy Charter Treaty Award Against Poland
Jan 11, 2026

GreenX Metals has secured a significant legal victory after the Singapore International Commercial Court rejected in full Poland’s bid to set aside an Energy Charter Treaty arbitration award, confirming the company’s right to compensation previously determined by an international tribunal. The decision upholds approximately £183 million of the total £252 million compensation awarded to GreenX under overlapping treaty claims, with about £17 million in additional interest already accrued and interest continuing to compound until Poland makes full payment. The company plans to present the Singapore ruling to the English courts as it contests Poland’s separate attempt to overturn the related bilateral investment treaty award, while noting that the legal threshold for setting aside such arbitral decisions in both Singapore and England is very high, suggesting Poland faces an uphill battle and strengthening GreenX’s position as it seeks enforcement and potential cash inflows for stakeholders.

The most recent analyst rating on (AU:GRX) stock is a Hold with a A$0.85 price target. To see the full list of analyst forecasts on GreenX Metals stock, see the AU:GRX Stock Forecast page.

GreenX Metals Expands ASX Securities with New Share Issuance
Dec 11, 2025

GreenX Metals Limited has issued 3,487,147 fully paid ordinary shares, expanding its class of securities on the ASX. This move was executed without disclosure to investors under specific provisions of the Corporations Act, with the company maintaining compliance with relevant legal requirements, indicating a strategic financial maneuver to potentially enhance liquidity and market presence.

The most recent analyst rating on (AU:GRX) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on GreenX Metals stock, see the AU:GRX Stock Forecast page.

GreenX Metals Completes Strategic Acquisition of Tannenberg Copper Project
Dec 11, 2025

GreenX Metals Limited has completed the acquisition of a 90% stake in Group 11 Exploration GmbH, which holds the Tannenberg Copper Project licenses. The project, located in a historically productive mining region, has expanded significantly and is positioned to contribute to Europe’s critical mineral resilience. The acquisition aligns with EU and German policies emphasizing domestic strategic raw materials, particularly copper, which is now recognized as a Strategic Raw Material under the EU Critical Raw Materials Act. GreenX plans further exploration to delineate the project’s full potential, supported by recent policy measures and financial backing from the German government.

The most recent analyst rating on (AU:GRX) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on GreenX Metals stock, see the AU:GRX Stock Forecast page.

GreenX Metals Issues New Shares to Enhance Market Position
Dec 2, 2025

GreenX Metals Limited has issued 116,579 fully paid ordinary shares, which are part of a class of securities quoted on the ASX. This issuance was conducted without disclosure to investors under the Corporations Act 2001, and the company confirms compliance with relevant legal provisions, indicating transparency and adherence to regulations. This move may impact the company’s market positioning by potentially increasing its capital base and shareholder value.

The most recent analyst rating on (AU:GRX) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on GreenX Metals stock, see the AU:GRX Stock Forecast page.

GreenX Metals Expands Market Presence with New Securities Issuance
Dec 2, 2025

GreenX Metals Limited has announced the issuance of 116,579 fully paid ordinary securities, which will be quoted on the Australian Securities Exchange (ASX) under the code GRX. This move is part of the company’s strategy to enhance its financial structure and market presence, potentially impacting its operational capabilities and offering new opportunities for stakeholders.

The most recent analyst rating on (AU:GRX) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on GreenX Metals stock, see the AU:GRX Stock Forecast page.

GreenX Metals Announces Director’s Change in Securities
Dec 2, 2025

GreenX Metals Limited announced a change in the director’s interest, specifically for Director Benjamin Stoikovich. The change involved the acquisition of 1,228,589 fully paid ordinary shares and the disposal of 1,500,000 unlisted incentive options. This adjustment in securities reflects a strategic move in the company’s management of its resources, potentially impacting its operational strategy and shareholder value.

The most recent analyst rating on (AU:GRX) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on GreenX Metals stock, see the AU:GRX Stock Forecast page.

GreenX Metals Issues Unquoted Equity Securities for Employee Incentives
Nov 28, 2025

GreenX Metals Limited announced the issuance of unquoted equity securities, specifically options expiring in 2029 and 2030, as part of an employee incentive scheme. This move is aimed at enhancing employee engagement and aligning their interests with the company’s long-term goals, potentially impacting the company’s operational dynamics and stakeholder relations.

The most recent analyst rating on (AU:GRX) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on GreenX Metals stock, see the AU:GRX Stock Forecast page.

GreenX Metals Issues New Shares to Bolster Market Position
Nov 28, 2025

GreenX Metals Limited has announced the issuance of 2,682,520 fully paid ordinary shares, which are part of a class of securities quoted on the ASX. This move, conducted without disclosure to investors under the Corporations Act 2001, indicates the company’s compliance with relevant legal provisions and suggests a strategic effort to strengthen its market position and operational capabilities.

The most recent analyst rating on (AU:GRX) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on GreenX Metals stock, see the AU:GRX Stock Forecast page.

GreenX Metals Lists New Securities on ASX
Nov 28, 2025

GreenX Metals Limited has announced the quotation of 2,682,520 fully paid ordinary securities on the Australian Securities Exchange (ASX) as of November 28, 2025. This move is part of the company’s strategy to enhance its market presence and provide liquidity to its shareholders, potentially impacting its operational capabilities and market positioning positively.

The most recent analyst rating on (AU:GRX) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on GreenX Metals stock, see the AU:GRX Stock Forecast page.

GreenX Metals Advances Exploration at Eleonore North Project
Nov 23, 2025

GreenX Metals Limited has confirmed the presence of outcropping gold and high-grade antimony mineralization at the Noa Prospect within its Eleonore North Project in East Greenland. The company has identified significant tungsten and antimony mineralization at the Margeries Prospects and sees potential for large-scale deposits in the underexplored region. With plans to finalize its exploration program for 2026, GreenX aims to capitalize on the high demand for critical minerals and gold, thereby strengthening its position in the industry and offering significant opportunities for stakeholders.

The most recent analyst rating on (AU:GRX) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on GreenX Metals stock, see the AU:GRX Stock Forecast page.

GreenX Metals Validates Historical Copper Grades at Tannenberg
Nov 19, 2025

GreenX Metals Limited announced the results of modern assays conducted on archived drill cores from the Tannenberg Copper Project in Germany. These results confirm historical copper grades and reveal thicker mineralization than previously estimated, suggesting significant resource potential. The findings support GreenX’s geological model, indicating that mineralization extends beyond the narrow Kupferschiefer shale horizon, similar to KGHM’s operations in Poland. This development positions GreenX favorably within the industry, as it continues to explore the project’s scale and potential for new discoveries, with implications for stakeholders seeking substantial copper resources in Europe.

The most recent analyst rating on (AU:GRX) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on GreenX Metals stock, see the AU:GRX Stock Forecast page.

GreenX Metals Secures Shareholder Approval at 2025 AGM
Nov 18, 2025

GreenX Metals Limited held its 2025 Annual General Meeting, where all proposed resolutions were passed by poll. The resolutions included the approval of the remuneration report, re-election of a director, ratification of placement shares, and approval of additional placement capacity, indicating strong shareholder support and strategic alignment for future growth.

The most recent analyst rating on (AU:GRX) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on GreenX Metals stock, see the AU:GRX Stock Forecast page.

GreenX Metals Expands with Tannenberg Copper Project in Germany
Nov 3, 2025

GreenX Metals has announced its latest endeavor, the Tannenberg Copper Project in Germany, which marks a significant step in its strategic expansion into copper-silver exploration. This project is expected to enhance GreenX’s position in the mining sector by tapping into historical estimates and leveraging their expertise to potentially unlock substantial mineral resources, thereby offering promising opportunities for stakeholders.

The most recent analyst rating on (AU:GRX) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on GreenX Metals stock, see the AU:GRX Stock Forecast page.

GreenX Metals Unveils Promising Historical Estimates for Tannenberg Copper Project
Oct 30, 2025

GreenX Metals Limited has announced significant historical estimates for its Tannenberg Copper Project in Germany, revealing 728,000 tonnes of contained copper at an average grade of 2.6%. The company is actively relogging and resampling archived core to upgrade historical data to modern standards, with plans for future drilling to verify these estimates. Recent aeromagnetic and radiometric surveys have identified deep metal source structures, significantly enhancing the exploration potential of the project area.

The most recent analyst rating on (AU:GRX) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on GreenX Metals stock, see the AU:GRX Stock Forecast page.

GreenX Metals Unveils Historical Copper Estimate at Tannenberg Project
Oct 19, 2025

GreenX Metals has uncovered a historical estimate from 1940, revealing 728,000 tonnes of contained copper at an average grade of 2.6% in the Tannenberg Copper Project area. This estimate, based on drilling conducted by Mansfeld AG, was further validated by a 1984 estimate from St Joe Exploration, which confirmed consistent copper grades and included silver as a by-product. The findings suggest significant exploration potential beyond the known Kupferschiefer horizon, aligning with modern geological models and reinforcing the project’s potential as a major European copper opportunity. GreenX is actively working to upgrade historical data to modern standards and plans future drilling campaigns to establish a mineral resource estimate in accordance with the JORC Code.

The most recent analyst rating on (AU:GRX) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on GreenX Metals stock, see the AU:GRX Stock Forecast page.

GreenX Metals Limited Announces Upcoming Annual General Meeting
Oct 17, 2025

GreenX Metals Limited has announced its Annual General Meeting scheduled for 18 November 2025 in Perth, Western Australia. The company will not send physical copies of the meeting notice, instead providing access online and via email for those who have opted for electronic communications. Shareholders are encouraged to attend or vote by proxy, with specific instructions provided for holders of Depositary Interests and those on the Warsaw Stock Exchange. This meeting is crucial for stakeholders to stay informed about company decisions and future directions.

The most recent analyst rating on (AU:GRX) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on GreenX Metals stock, see the AU:GRX Stock Forecast page.

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: Jan 17, 2026