New Age Exploration Limited (AU:NAE)
ASX:NAE
Top Page
New Age Exploration Limited
(Sydney:NAE)
Select Model
Select Model
Rating:46Neutral
Price Target:
AU$0.01
▲(300.00% Upside)
Action:UpgradedDate:12/30/25
The score is primarily constrained by weak financial performance—minimal revenue, persistent losses, and significant cash burn—partly tempered by a debt-free balance sheet with positive equity. Technical and valuation inputs are largely unavailable, so they contribute neutral assessments rather than providing supportive signals.
Positive Factors
Debt-Free Balance Sheet
A debt-free balance sheet reduces financial risk and interest burden, providing the company with greater financial flexibility and stability.
Negative Factors
Persistent Losses
Ongoing losses with minimal revenue generation indicate operational challenges, potentially impacting long-term profitability and shareholder value.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-Free Balance Sheet
A debt-free balance sheet reduces financial risk and interest burden, providing the company with greater financial flexibility and stability.
Read all positive factors
New Age Exploration Limited (NAE) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$12.86M
Dividend YieldN/A
Average Volume (3M)N/A
Price to Earnings (P/E)―
Beta (1Y)1.93
Revenue GrowthN/A
EPS Growth65.00%
CountryAU
Employees20
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)0.00
Shares Outstanding4,285,119,600
10 Day Avg. VolumeN/A
30 Day Avg. VolumeN/A
Financial Highlights & Ratios
PEG Ratio0.07
Price to Book (P/B)1.07
Price to Sales (P/S)17880.93
P/FCF Ratio-1.51
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
New Age Exploration Limited Business Overview & Revenue Model
Company Description
New Age Exploration Limited operates as a minerals and metals exploration and development company focuses on gold projects in the United Kingdom, Australia, and New Zealand. The company focuses on advancing gold exploration projects in the Pilbara...
How the Company Makes Money
New Age Exploration Limited makes money primarily through the acquisition and development of mining projects with the potential for significant resource deposits. The company's revenue model is based on increasing the value of its mining assets th...
New Age Exploration Limited Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
62
Positive
Cash Flow
18
Very Negative
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 362.00 | 362.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 362.00 | 362.00 | -10.91K | -14.78K | -10.69K | -6.82K |
| EBITDA | -1.31M | -1.33M | -3.40M | -1.13M | -1.17M | -5.54M |
| Net Income | -1.41M | -1.51M | -3.45M | -1.16M | -1.18M | -5.52M |
Balance Sheet | ||||||
| Total Assets | 9.49M | 6.28M | 4.92M | 5.10M | 6.11M | 7.37M |
| Cash, Cash Equivalents and Short-Term Investments | 3.08M | 581.73K | 1.40M | 1.84M | 4.18M | 6.40M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 497.77K | 210.46K | 316.89K | 295.08K | 141.22K | 285.49K |
| Stockholders Equity | 8.99M | 6.07M | 4.61M | 4.81M | 5.97M | 7.08M |
Cash Flow | ||||||
| Free Cash Flow | -2.19M | -4.29M | -2.28M | -2.34M | -2.18M | -2.04M |
| Operating Cash Flow | -1.05M | -1.41M | -1.31M | -1.08M | -1.22M | -1.69M |
| Investing Cash Flow | -1.76M | -2.90M | -975.08K | -1.26M | -962.89K | -344.26K |
| Financing Cash Flow | 5.34M | 3.47M | 1.85M | 2.34M | -9.67K | 5.62M |
New Age Exploration Limited 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% | |
53 Neutral | AU$14.17M | 0.65 | 34.93% | ― | ― | -107.50% | |
47 Neutral | AU$28.12M | -5.03 | -18.09% | ― | ― | 55.56% | |
46 Neutral | AU$12.86M | -5.00 | -18.69% | ― | ― | 65.00% | |
44 Neutral | AU$8.80M | 0.23 | 108.54% | ― | ― | -474.07% | |
44 Neutral | AU$33.32M | -12.24 | -6.44% | ― | ― | 87.39% | |
44 Neutral | AU$5.21M | -1.32 | -20.21% | ― | ― | 91.79% |
* Basic Materials Sector Average
AU:NAE
New Age Exploration Limited
―
―
―
AU:SRK
Strike Resources Limited
0.03
<0.01
10.71%
AU:RMI
Resource Mining Corporation Limited
0.03
0.02
209.09%
AU:RAG
Ragnar Metals Limited
0.03
0.01
52.63%
AU:BMG
BMG Resources Limited
0.03
0.02
220.00%
AU:DM1
Desert Metals Ltd.
0.01
-0.01
-50.00%
New Age Exploration Limited Corporate Events
New Age Exploration Resumes Drilling at Wagyu Gold Project in Pilbara
Jan 12, 2026
New Age Exploration has restarted reverse circulation drilling at its Wagyu Gold Project in the Pilbara, Western Australia, after a planned Christmas-New Year shutdown, to complete a roughly 4,000-metre program. The campaign is targeting strike an...
New Age Exploration Advances Drilling at Wagyu Gold Project
Dec 15, 2025
New Age Exploration Limited has reported positive progress in its Reverse Circulation Drill Program at the Wagyu Gold Project in Pilbara, Western Australia. The drilling has completed 20 holes totaling 1,896 meters, targeting extensions of known &...
New Age Exploration Issues Shares in Compliance with Corporations Act
Dec 1, 2025
New Age Exploration Limited has issued 897,912,767 fully paid ordinary shares without disclosure to investors under Part 6D.2 of the Corporations Act. The company has complied with relevant provisions of the Corporations Act, and there is no exclu...
New Age Exploration Limited Corrects Administrative Oversight in Securities Quotation Application
Dec 1, 2025
New Age Exploration Limited has issued an update regarding an administrative oversight in a previous announcement related to the application for quotation of securities. This update does not introduce new information but corrects the administrativ...
New Age Exploration Limited Successfully Passes AGM Resolutions
Nov 20, 2025
New Age Exploration Limited announced that all resolutions proposed at its Annual General Meeting were successfully passed. This includes the re-election and election of directors, ratification of prior share issues, and approval of a 10% placemen...
New Age Exploration Begins Drilling at Wagyu Gold Project
Nov 19, 2025
New Age Exploration Limited has commenced a 4,000-meter drilling program at its Wagyu Gold Project in Pilbara, Western Australia. This initiative aims to extend the strike and depth of known ‘Hemi Style’ gold mineralization and explore...
New Age Exploration Advances Drilling at Wagyu Gold Project
Nov 6, 2025
New Age Exploration Limited has announced the engagement of a drilling contractor for a 4,000-meter Reverse Circulation drilling program at its Wagyu Gold Project in Western Australia. The program aims to extend the known gold mineralization and e...
New Age Exploration Limited Issues Over 602 Million Shares
Nov 3, 2025
New Age Exploration Limited has issued over 602 million fully paid ordinary shares to Placement Participants under ASX Listing Rules, without needing to disclose information to investors under the Corporations Act. This strategic move, authorized ...
New Age Exploration Limited Seeks ASX Quotation for Over 600 Million Securities
Nov 3, 2025
New Age Exploration Limited has announced the application for the quotation of 602,087,233 fully paid ordinary securities on the Australian Securities Exchange (ASX). This move is part of previously announced transactions, indicating a strategic s...
New Age Exploration Advances Key Gold Projects in Australia and New Zealand
Oct 31, 2025
New Age Exploration Limited reported significant progress in its September 2025 Quarterly Activities Report, highlighting advancements in its Wagyu and Lammerlaw gold projects. At the Wagyu Project, located in the Pilbara region of Western Austral...
New Age Exploration Limited Issues Addendum to AGM Notice
Oct 30, 2025
New Age Exploration Limited has issued an addendum to their Notice of Annual General Meeting, scheduled for November 20, 2025, in Melbourne. The addendum introduces additional resolutions and provides updated information regarding voting procedure...
New Age Exploration Limited Announces Major Securities Issuance
Oct 24, 2025
New Age Exploration Limited has announced a proposed issue of securities, including options and ordinary shares, totaling 2.25 billion securities. This issuance aims to enhance the company’s capital base, potentially impacting its market pos...
New Age Exploration Secures $3.75 Million for Gold Projects Expansion
Oct 24, 2025
New Age Exploration Limited has successfully raised $3.75 million to fund exploration activities at its Wagyu and Lammerlaw gold projects. The capital raising was well-received by investors, highlighting the potential of the Wagyu project to host ...
New Age Exploration Limited Initiates Trading Halt for Capital Raising Announcement
Oct 22, 2025
New Age Exploration Limited has requested a trading halt on its securities on the ASX pending a significant announcement regarding a material capital raising. The halt is intended to help the company manage its disclosure obligations, with the ann...
New Age Exploration Limited Announces 2025 Annual General Meeting
Oct 17, 2025
New Age Exploration Limited has announced its 2025 Annual General Meeting, scheduled for 20 November 2025 in Melbourne. The company has opted to provide the Notice of Meeting electronically, in accordance with the Corporations Act 2001, unless sha...
New Age Exploration Limited Schedules 2025 Annual General Meeting
Oct 17, 2025
New Age Exploration Limited has announced its annual general meeting, which will be held on November 20, 2025, at their Melbourne office. Due to potential attendance limitations, shareholders are encouraged to vote via proxy and submit questions i...
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.