Greenwing Resources Ltd (AU:GW1)
ASX:GW1
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Greenwing Resources Ltd
(Sydney:GW1)
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Rating:47Neutral
Price Target:
AU$0.05
â–˛(66.67% Upside)
Action:ReiteratedDate:03/20/26
The score is primarily held back by weak financial performance—pre-revenue status, ongoing operating losses, and persistent cash burn—despite a notably improved balance sheet and a one-year swing to positive net income. Technicals are mixed with near-term softness, and valuation support is limited due to a negative P/E and no dividend yield data.
Positive Factors
Lithium-focused business model
Greenwing's explicit focus on lithium and battery minerals gives durable exposure to structural demand for battery raw materials. A clear, sector-aligned business model concentrates management and capital on scalable assets that can generate long-term project optionality if exploration advances.
Negative Factors
Pre-revenue status
Being effectively pre-revenue means the business lacks recurring sales to support margins or cash generation. Long-term project funding relies on external capital cycles, increasing dilution and execution risk if exploration does not convert to economically viable resources.
Read all positive and negative factors
Positive Factors
Negative Factors
Lithium-focused business model
Greenwing's explicit focus on lithium and battery minerals gives durable exposure to structural demand for battery raw materials. A clear, sector-aligned business model concentrates management and capital on scalable assets that can generate long-term project optionality if exploration advances.
Read all positive factors
Greenwing Resources Ltd (GW1) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$23.57M
Dividend YieldN/A
Average Volume (3M)309.11K
Price to Earnings (P/E)―
Beta (1Y)0.55
Revenue GrowthN/A
EPS GrowthN/A
CountryAU
Employees130
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding462,068,150
10 Day Avg. Volume92,316
30 Day Avg. Volume309,111
Financial Highlights & Ratios
PEG Ratio-0.02
Price to Book (P/B)0.27
Price to Sales (P/S)0.00
P/FCF Ratio-4.64
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Greenwing Resources Ltd Business Overview & Revenue Model
Company Description
Greenwing Resources Ltd engages in the production and sale of industrial mineral concentrates. It holds 100% interests in the Graphmada Large Flake Graphite mine located in eastern Madagascar; the San Jorge lithium brine project that includes 15 g...
How the Company Makes Money
null...
Greenwing Resources Ltd Financial Statement Overview
Summary
Income Statement
32
Negative
Balance Sheet
78
Positive
Cash Flow
30
Negative
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 19.14K |
| Gross Profit | -98.47K | -238.48K | -71.91K | -151.00K | -150.00K | -8.44K |
| EBITDA | 4.50M | 4.50M | -1.10M | -3.23M | -2.57M | -4.98M |
| Net Income | 514.85K | 1.60M | -1.99M | -4.52M | -4.20M | -6.28M |
Balance Sheet | ||||||
| Total Assets | 27.10M | 26.19M | 24.89M | 25.17M | 15.19M | 9.90M |
| Cash, Cash Equivalents and Short-Term Investments | 925.21K | 787.37K | 708.67K | 8.05M | 1.90M | 598.50K |
| Total Debt | 309.50K | 382.20K | 465.90K | 10.17M | 3.97M | 4.34M |
| Total Liabilities | 4.00M | 4.50M | 8.41M | 12.33M | 5.66M | 5.75M |
| Stockholders Equity | 23.10M | 21.69M | 16.48M | 12.84M | 9.53M | 4.14M |
Cash Flow | ||||||
| Free Cash Flow | -2.23M | -1.27M | -1.62M | -5.49M | -4.15M | -1.95M |
| Operating Cash Flow | -2.22M | -1.26M | -825.38K | -1.84M | -1.88M | -1.04M |
| Investing Cash Flow | -408.34K | -1.52M | -7.59M | -3.65M | -2.26M | -831.91K |
| Financing Cash Flow | 1.76M | 2.79M | 1.28M | 11.45M | 5.47M | 771.34K |
Greenwing Resources Ltd Technical Analysis
Positive
0.03
Price Trends
0.05
Positive
0.04
Positive
0.04
Positive
Market Momentum
<0.01
Negative
56.56
Neutral
74.92
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:GW1, the sentiment is Positive. The current price of 0.03 is below the 20-day moving average (MA) of 0.05, below the 50-day MA of 0.05, and below the 200-day MA of 0.04, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 56.56 is Neutral, neither overbought nor oversold. The STOCH value of 74.92 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:GW1.
Greenwing Resources Ltd Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
47 Neutral | AU$23.57M | -3.09 | 2.30% | ― | ― | ― | |
47 Neutral | AU$17.76M | -38.31 | -14.52% | ― | ― | 46.35% | |
46 Neutral | AU$20.35M | -8.11 | -26.02% | ― | ― | ― | |
45 Neutral | AU$22.23M | -3.24 | -104.93% | ― | ― | -69.98% | |
43 Neutral | AU$20.08M | -6.00 | -2.90% | ― | ― | 48.72% | |
42 Neutral | AU$22.63M | -1.12 | -21.86% | ― | ― | 68.42% |
* Basic Materials Sector Average
AU:GW1
Greenwing Resources Ltd
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Greenwing Resources Ltd Corporate Events
Greenwing launches scoping study to advance San Jorge lithium brine project
Apr 8, 2026
Greenwing Resources has launched a scoping study and drill planning program at its San Jorge Lithium Brine Project in Argentina, appointing specialist firm Zelandez to lead work on development pathways, processing options and an initial economic f...
Greenwing launches Que River pre-feasibility study and two-stage growth plan
Mar 24, 2026
Greenwing Resources has launched a Pre-Feasibility Study at its Que River polymetallic project in Tasmania to refine the scale, economics and development pathway for a potential restart of mining. The work will build on earlier scoping studies and...
Greenwing calls April EGM to ratify major placement and option issues
Mar 17, 2026
Greenwing Resources has called an extraordinary general meeting for 16 April 2026 in Brisbane to seek shareholder approvals for a series of equity-related resolutions. The agenda centers on ratifying a prior placement of 84.3 million shares at $0....
Greenwing Issues 84.3 Million Shares in Equity Raising and Confirms Regulatory Compliance
Mar 10, 2026
Greenwing Resources Ltd has issued 84.3 million new shares as part of an equity raising first flagged on 3 March 2026, expanding its capital base. The company confirmed it conducted the issuance without a full prospectus, while stating it remains ...
Greenwing Resources Seeks ASX Quotation for 84.3 Million New Shares
Mar 10, 2026
Greenwing Resources Ltd has applied to the ASX for quotation of 84.3 million new ordinary fully paid shares under the ticker GW1. The securities, issued as part of a previously announced transaction, are scheduled to be quoted from 10 March 2026, ...
Greenwing director Peter Wright lifts stake with on-market share purchase
Mar 4, 2026
Greenwing Resources Ltd has reported a change in the holdings of director Peter Stanley Wright, who increased his stake in the company through an on-market share purchase. Wright acquired 200,000 ordinary shares at $0.048 per share on 3 March 2026...
Greenwing Resources Plans Major Share and Options Issue to Boost Funding
Mar 2, 2026
Greenwing Resources has notified the ASX of a proposed capital raising via a placement or similar issue structure. The company plans to issue up to 131 million new fully paid ordinary shares along with a total of 43.75 million options, all exercis...
Greenwing Resources Files Half-Year Financial Report for December 2025
Mar 2, 2026
Greenwing Resources Ltd has released its half-year report for the period ended 31 December 2025, providing consolidated financial statements, directors’ and auditor’s reports, and related notes. The document signals the company’s...
Greenwing Resources outlines March 2026 equity raising in investor briefing
Mar 2, 2026
Greenwing Resources has released an investor presentation outlining an equity raising planned for March 2026, aimed at strengthening its balance sheet and funding ongoing operations and growth initiatives. The document is framed as informational o...
Greenwing Raises $5.5m to Advance Multi-Asset Critical Minerals Strategy
Mar 2, 2026
Greenwing Resources Ltd has completed a $5.5 million equity raising via a placement of new shares at $0.042 each, supported largely by existing major shareholders and including director participation. The funding, which comes with free attaching o...
Greenwing Resources halts ASX trading ahead of equity raising announcement
Feb 27, 2026
Greenwing Resources has requested a trading halt in its securities on the ASX, with the halt to remain in place until the earlier of an upcoming company announcement or the commencement of normal trading on 3 March 2026. The move signals that the ...
Greenwing’s Que River Study Upside Grows on Metals Price Surge and Fast-Track Plan
Feb 24, 2026
Greenwing Resources has updated the metals price assumptions in its Que River scoping study to reflect sharp rises in silver, gold and copper prices since October 2025. The revisions lift the project’s Net Smelter Return by about 40%, increa...
Greenwing Maps Dual Path for Que River with Mining Restart and Data Centre Potential
Feb 5, 2026
Greenwing Resources has outlined an updated, two-stage strategy for its Que River project that prioritises restarting mining of the polymetallic orebody, supported by an updated mineral resource estimate and a 2025 scoping study indicating a low-c...
Greenwing Advances Asset Split as Scoping Studies Highlight Cash-Flow and Growth Options
Jan 30, 2026
Greenwing Resources reported solid progress across its portfolio in the December 2025 quarter and confirmed plans to separate its critical minerals business from the Que River polymetallic project during 2026 to better unlock value. At Que River, ...
Greenwing Director Peter Wright Increases Shareholding via On‑Market Purchase
Jan 27, 2026
Greenwing Resources Ltd has disclosed a change in the securities held by director Peter Stanley Wright following an on‑market purchase. Wright acquired 51,891 additional ordinary shares at $0.042 per share on 21 January 2026, increasing his ...
Greenwing Director Peter Wright Increases Shareholding via On-Market Purchase
Jan 20, 2026
Greenwing Resources Ltd has disclosed a change in the shareholding of director Peter Stanley Wright. Wright, through a combination of direct and indirect holdings, has increased his stake in the company by purchasing additional ordinary shares on ...
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.