Lefroy Exploration Ltd. (AU:LEX)
ASX:LEX
Top Page
Lefroy Exploration Ltd.
(Sydney:LEX)
Select Model
Select Model
Rating:48Neutral
Price Target:
AU$0.20
▼(-26.67% Downside)
Action:ReiteratedDate:03/10/26
The score is held back primarily by the pre-revenue profile with ongoing losses and continued cash burn, despite some 2025 cash flow improvement. A low-debt, strengthening balance sheet provides stability, but technicals remain weak with price below key moving averages and negative MACD. Valuation offers limited support because the negative P/E reflects unprofitability and there is no dividend yield provided.
Positive Factors
Low leverage
Extremely low debt reduces solvency and refinancing risk for an exploration company. This durable capital structure gives management flexibility to time capital raises or partner deals, preserving optionality as projects advance over the next several quarters.
Negative Factors
Pre-revenue profile
Being pre-revenue means operations are not yet self-funding; the business depends on external capital or partnerships to fund exploration. That structural lack of operating revenues prolongs reliance on financing and raises execution risk over the next several quarters.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage
Extremely low debt reduces solvency and refinancing risk for an exploration company. This durable capital structure gives management flexibility to time capital raises or partner deals, preserving optionality as projects advance over the next several quarters.
Read all positive factors
Lefroy Exploration Ltd. (LEX) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$49.68M
Dividend YieldN/A
Average Volume (3M)432.62K
Price to Earnings (P/E)―
Beta (1Y)0.93
Revenue GrowthN/A
EPS Growth32.77%
CountryAU
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding248,420,140
10 Day Avg. Volume367,944
30 Day Avg. Volume432,619
Financial Highlights & Ratios
PEG Ratio0.28
Price to Book (P/B)0.98
Price to Sales (P/S)0.00
P/FCF Ratio-16.77
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
Lefroy Exploration Ltd. Business Overview & Revenue Model
Company Description
Lefroy Exploration Limited engages in the exploration and evaluation of mineral properties in Western Australia. The company explores for gold, copper, and nickel deposits. Its flagship project is the 100% owned Lefroy Gold project that covers an ...
How the Company Makes Money
As an exploration-stage company, specific, recurring operating revenue streams are not publicly verifiable from the information available in this chat; therefore, the company’s detailed revenue model and key revenue streams cannot be stated with c...
Lefroy Exploration Ltd. Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
72
Positive
Cash Flow
28
Negative
| Breakdown | Jun 2025 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 10.00K | 0.00 |
| Gross Profit | -72.00K | -97.00K | -81.00K | -57.00K | 0.00 |
| EBITDA | -2.50M | -3.08M | -2.91M | -2.31M | -1.15M |
| Net Income | -2.57M | -3.19M | -3.00M | -2.38M | -1.13M |
Balance Sheet | |||||
| Total Assets | 25.75M | 24.99M | 21.37M | 20.44M | 15.29M |
| Cash, Cash Equivalents and Short-Term Investments | 1.68M | 1.35M | 442.00K | 4.25M | 3.35M |
| Total Debt | 114.00K | 175.00K | 236.00K | 295.00K | 0.00 |
| Total Liabilities | 769.00K | 973.00K | 1.25M | 1.44M | 601.00K |
| Stockholders Equity | 24.98M | 24.02M | 20.13M | 19.00M | 14.68M |
Cash Flow | |||||
| Free Cash Flow | -1.46M | -5.88M | -7.07M | -5.62M | -3.84M |
| Operating Cash Flow | -1.45M | -2.83M | -1.83M | -1.67M | -986.00K |
| Investing Cash Flow | -1.24M | -2.10M | -5.24M | -3.39M | -1.05M |
| Financing Cash Flow | 3.02M | 5.84M | 3.26M | 5.95M | 4.48M |
Lefroy Exploration Ltd. Technical Analysis
Neutral
0.27
Price Trends
0.25
Negative
0.23
Negative
0.19
Positive
Market Momentum
-0.02
Negative
44.60
Neutral
50.00
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:LEX, the sentiment is Neutral. The current price of 0.27 is above the 20-day moving average (MA) of 0.21, above the 50-day MA of 0.25, and above the 200-day MA of 0.19, indicating a neutral trend. The MACD of -0.02 indicates Negative momentum. The RSI at 44.60 is Neutral, neither overbought nor oversold. The STOCH value of 50.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for AU:LEX.
Lefroy Exploration 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% | |
48 Neutral | AU$49.68M | -19.02 | -7.34% | ― | ― | 32.77% | |
47 Neutral | AU$25.10M | -352.11 | 74.51% | ― | 71.37% | 82.48% | |
44 Neutral | AU$24.20M | -0.45 | -0.06% | ― | ― | ― | |
40 Underperform | AU$25.60M | ― | -227.69% | ― | ― | ― | |
40 Underperform | AU$17.45M | -2.95 | -104.39% | ― | 90.14% | 52.54% | |
| ― | AU$59.25M | -2.81 | -0.21% | ― | ― | -61.06% |
* Basic Materials Sector Average
AU:LEX
Lefroy Exploration Ltd.
0.20
0.12
140.96%
AU:MRC
Mineral Commodities Ltd
0.03
0.00
0.00%
AU:G6M
Group 6 Metals Limited
2.50
0.00
0.00%
AU:WAK
WA Kaolin Ltd.
0.03
-0.01
-30.56%
AU:WCE
Errawarra Resources Ltd.
0.17
0.13
312.50%
AU:GEN
Genmin Ltd.
0.01
-0.03
-75.00%
Lefroy Exploration Ltd. Corporate Events
Lefroy Exploration Releases Half-Year Financial Report for December 2025
Mar 16, 2026
Lefroy Exploration Limited has released its financial report for the half year ended 31 December 2025, covering its consolidated operations and controlled entities. The report includes the directors’ report, auditor’s independence decl...
Lefroy Exploration Appoints New Director with Indirect Equity Stake
Mar 3, 2026
Lefroy Exploration Limited has announced the appointment of Graeme Gribbin as a director effective 27 February 2026, marking a change in the company’s board composition. The filing outlines his initial interests in the company’s securi...
Lefroy pours first gold from Lucky Strike as toll milling ramps up
Feb 22, 2026
Lefroy Exploration has produced its first gold doré bars from the Lucky Strike Gold Mine near Kalgoorlie, marking a key milestone in moving from exploration to production. The Lucky Strike deposit hosts a mineral resource estimate of 1.27 mil...
Lefroy Fast-Tracks Lucky Strike into Production Ahead of First-Half 2026 Cash Flows
Jan 28, 2026
Lefroy Exploration has rapidly advanced its Lucky Strike Gold Mine from final permitting to active mining during the December 2025 quarter under a 50:50 profit-sharing agreement with BML Ventures, which funds all capital and operating costs. With ...
Lefroy Exploration Posts Cash Outflows on Exploration Spend, Bolstered by Funding Facility
Jan 28, 2026
Lefroy Exploration Limited reported its quarterly Appendix 5B cash flow statement for the period ended 31 December 2025, showing net cash outflows from operating activities of A$371,000 and from investing activities of A$541,000, largely driven by...
Lefroy Exploration Options Lapse, Simplifying Capital Structure
Jan 22, 2026
Lefroy Exploration Limited has announced that 5.6 million options, each exercisable at A$0.45 and due to expire on 20 January 2026, have lapsed unexercised and ceased to exist as securities on the ASX. The expiry of these options slightly simplifi...
Lefroy Begins First Ore Mining at Lucky Strike Ahead of February Gold Processing
Jan 19, 2026
Lefroy Exploration has commenced mining the first ore panels from the North Pit at its Lucky Strike Gold Deposit, with initial ore intersected just 17 metres below surface and run-of-mine stockpiles set to build through January ahead of haulage. U...
Lefroy Drilling Confirms High-Grade Core at Burns Gold Deposit
Jan 7, 2026
Lefroy Exploration has reported new diamond and reverse circulation drilling results that confirm and extend the high-grade core of its Burns Gold Deposit, part of the Lefroy Gold Project southeast of Kalgoorlie. The latest drilling intersected mu...
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.