Nagambie Resources Limited (AU:NAG)
ASX:NAG
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Nagambie Resources Limited
(Sydney:NAG)
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Rating:44Neutral
Price Target:
AU$0.01
â–²(0.00% Upside)
Action:Reiterated
Date:03/10/26
The score is held down primarily by weak financial performance (ongoing losses and negative cash flows) and a technically bearish setup with the price below major moving averages. Valuation provides limited support because the negative P/E reflects unprofitable operations and no dividend yield is available.
Positive Factors
Manageable leverage
A moderate debt-to-equity profile gives the company structural financial flexibility to fund exploration and development without excessive interest burden. Over the next 2-6 months this reduces short-term insolvency risk, supports access to debt capital, and preserves runway for project advancement while cash flows recover.
Negative Factors
Persistent losses and negative margins
Ongoing unprofitable operations erode equity and constrain the firm's ability to reinvest in exploration or development. Persistently negative margins reduce buffer against commodity price or cost shocks and mean the company must rely on capital markets or debt, making sustained progress toward production more difficult.
Read all positive and negative factors
Positive Factors
Negative Factors
Manageable leverage
A moderate debt-to-equity profile gives the company structural financial flexibility to fund exploration and development without excessive interest burden. Over the next 2-6 months this reduces short-term insolvency risk, supports access to debt capital, and preserves runway for project advancement while cash flows recover.
Read all positive factors
Nagambie Resources Limited (NAG) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$12.64M
Dividend YieldN/A
Average Volume (3M)1.87M
Price to Earnings (P/E)―
Beta (1Y)2.14
Revenue Growth3.74%
EPS Growth4.17%
CountryAU
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryGold
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding1,264,294,600
10 Day Avg. Volume1,305,160
30 Day Avg. Volume1,869,130
Financial Highlights & Ratios
PEG Ratio0.16
Price to Book (P/B)0.92
Price to Sales (P/S)28.35
P/FCF Ratio-7.65
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
Nagambie Resources Limited Business Overview & Revenue Model
Company Description
Nagambie Resources Limited explores for and develop gold and related minerals, and construction materials in Australia. The company has a total area of 3,000 square kilometers of exploration licenses in Waranga Province. It is also involved in the...
How the Company Makes Money
null...
Nagambie Resources Limited Financial Statement Overview
Summary
Income Statement
20
Very Negative
Balance Sheet
35
Negative
Cash Flow
25
Negative
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 255.99K | 453.04K | 274.38K | 262.58K | 251.29K | 238.91K |
| Gross Profit | 218.07K | 343.28K | 270.36K | -904.39K | -795.10K | -682.83K |
| EBITDA | -1.07M | -993.47K | -1.42M | -1.89M | -1.05M | -971.51K |
| Net Income | -2.02M | -1.85M | -2.79M | -3.34M | -2.34M | -1.98M |
Balance Sheet | ||||||
| Total Assets | 24.92M | 23.81M | 23.37M | 20.63M | 17.20M | 18.39M |
| Cash, Cash Equivalents and Short-Term Investments | 716.74K | 69.32K | 437.72K | 1.12M | 347.29K | 3.40M |
| Total Debt | 5.90M | 5.73M | 4.58M | 7.45M | 5.91M | 5.84M |
| Total Liabilities | 10.28M | 9.89M | 8.01M | 8.24M | 6.73M | 6.31M |
| Stockholders Equity | 14.64M | 13.92M | 15.36M | 12.39M | 10.47M | 12.08M |
Cash Flow | ||||||
| Free Cash Flow | -1.64M | -1.68M | -2.96M | -4.47M | -2.88M | -2.02M |
| Operating Cash Flow | -650.71K | -387.82K | -1.90M | -1.54M | -778.54K | -790.03K |
| Investing Cash Flow | -1.51M | -1.03M | -1.08M | -2.53M | -978.40K | -425.25K |
| Financing Cash Flow | 2.66M | 1.05M | 2.30M | 5.06M | 525.09K | 2.35M |
Nagambie Resources Limited Technical Analysis
Negative
0.01
Price Trends
0.01
Negative
0.01
Negative
0.01
Negative
Market Momentum
>-0.01
Positive
34.91
Neutral
<0.01
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:NAG, the sentiment is Negative. The current price of 0.01 is below the 20-day moving average (MA) of 0.01, below the 50-day MA of 0.01, and below the 200-day MA of 0.01, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 34.91 is Neutral, neither overbought nor oversold. The STOCH value of <0.01 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:NAG.
Nagambie Resources 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% | |
48 Neutral | AU$12.55M | -1.06 | -15.52% | ― | ― | -511.11% | |
47 Neutral | AU$33.37M | 0.22 | 124.08% | ― | ― | ― | |
44 Neutral | AU$12.64M | -2.34 | -14.17% | ― | 3.74% | 4.17% | |
44 Neutral | AU$23.15M | 29.28 | -1.78% | ― | ― | 77.91% | |
43 Neutral | AU$12.97M | 37.48 | -4.21% | ― | ― | 80.00% | |
41 Neutral | AU$12.17M | -1.34 | -202.96% | ― | ― | 41.01% |
* Basic Materials Sector Average
AU:NAG
Nagambie Resources Limited
0.01
>-0.01
-35.29%
AU:ZAG
Zuleika Gold Limited
0.03
0.02
209.09%
AU:MAN
Mandrake Resources Ltd
0.02
<0.01
11.11%
AU:AHK
ARK Mines Ltd
0.33
0.13
62.50%
AU:REZ
Resources & Energy Group Limited
0.01
>-0.01
-12.50%
AU:FG1
Flynn Gold Ltd.
0.02
>-0.01
-8.33%
Nagambie Resources Limited Corporate Events
Nagambie Resources Issues Shares for Advisory Services, Confirms Regulatory Compliance
May 7, 2026
Nagambie Resources has issued 2,305,893 fully paid ordinary shares as part of the consideration for corporate advisory services provided by JP Equity Holdings under a mandate dated 28 July 2025. The company has confirmed that the shares were issue...
Nagambie Resources Seeks ASX Quotation for 2.3 Million New Shares
May 7, 2026
Nagambie Resources Limited has applied to the ASX for quotation of 2,305,893 new ordinary fully paid shares, with an issue date of 6 May 2026. The move formalises the listing of securities previously flagged in an earlier capital transaction, mode...
Nagambie seals Alkane joint venture to fast-track antimony-gold project
Apr 30, 2026
Nagambie Resources has finalized principal terms for a significant earn-in and potential joint venture with Alkane Resources’ subsidiary Mandalay over its antimony-gold discovery at the Nagambie Mine, with a binding term sheet signed in late...
Southern Cross Gold Ceases to Be Substantial Holder in Nagambie Resources
Apr 15, 2026
Southern Cross Gold Pty Ltd has notified Nagambie Resources Limited that it has ceased to be a substantial shareholder in the company. The change occurred between 4 December 2025 and 10 April 2026 and resulted solely from dilution of Southern Cros...
Nagambie Reshapes Balance Sheet and Seals Alkane Joint Venture
Apr 15, 2026
Nagambie Resources has cut its total debt by $9 million, slashing convertible notes by 92.8% to $0.586 million and halving a flexible loan facility to $1.5 million, significantly strengthening its balance sheet. The remaining Series 10 convertible...
Nagambie Resources Director Lifts Indirect Stake With $1.2m Share Purchase
Apr 14, 2026
Nagambie Resources has disclosed a substantial change in director Kevin Perrin’s indirect interests, with entities associated with him acquiring 80,000,000 additional ordinary shares for a total consideration of $1.2 million. The new holding...
Nagambie Resources Issues 266.7 Million Shares Under Alkane Joint Venture
Apr 13, 2026
Nagambie Resources has issued 266,666,667 new fully paid ordinary shares as part of its Alkane-Nagambie Joint Venture arrangements, allocating 166,666,667 shares to Alkane Resources Limited and 100,000,000 shares to PPT Nominees Pty Ltd. The compa...
Nagambie Resources Seeks ASX Quotation for 100 Million New Shares
Apr 13, 2026
Nagambie Resources Limited has applied to the ASX for quotation of 100,000,000 new ordinary fully paid shares under the code NAG, following shareholder approval at a general meeting held on 9 April 2026. The capital raising, detailed in an earlier...
Nagambie Resources Seeks ASX Quotation for 166.7 Million New Shares
Apr 10, 2026
Nagambie Resources Limited has lodged an application with the ASX for quotation of 166,666,667 new ordinary fully paid shares. The new securities, issued on April 10, 2026, expand the company’s quoted capital base and may influence liquidity...
Nagambie Clears Alkane Earn-In Joint Venture, Securing Funding and Infrastructure Access
Apr 9, 2026
Nagambie Resources has secured shareholder approval and satisfied all conditions for an earn-in joint venture with Alkane Resources’ subsidiary Mandalay Resources Costerfield Operations over its Nagambie tenements. As part of the deal, Alkan...
Nagambie Resources Wins Strong Shareholder Backing for Alkane JV and Capital Raisings
Apr 9, 2026
Nagambie Resources shareholders overwhelmingly approved all resolutions at a general meeting on 9 April 2026, including the key joint venture agreement with Alkane Resources. The strong support signals confidence in Nagambie’s strategy of pa...
Nagambie Executes Key Documents for Alkane Joint Venture Ahead of Shareholder Vote
Apr 7, 2026
Nagambie Resources Limited has executed a suite of transaction documents with Alkane Resources’ subsidiary Mandalay Resources Costerfield Operations to formalise their proposed Alkane Nagambie Joint Venture. The agreements, including a farmi...
Nagambie Resources Director Kevin Perrin Increases Indirect Shareholding
Apr 1, 2026
Nagambie Resources Limited has disclosed a change in the indirect holdings of director Kevin John Perrin, following a recent acquisition of additional ordinary shares through related entities. The notice details that Mr Perrin, via superannuation ...
Nagambie Resources Seeks ASX Quotation for Over 36 Million New Shares
Apr 1, 2026
Nagambie Resources Limited has applied for quotation on the ASX of 36,538,451 ordinary fully paid shares, with an issue date of April 1, 2026. The move expands the number of listed securities on issue, potentially broadening the company’s in...
Nagambie Resources Corrects Proxy Form for Upcoming General Meeting
Mar 12, 2026
Nagambie Resources has issued a replacement proxy form for its upcoming general meeting after discovering that Resolution 1 was incorrectly titled in the original documentation. The company emphasised that only the title of Resolution 1 has been u...
Nagambie Resources Releases Half-Year 2025 Financial Report
Mar 12, 2026
Nagambie Resources Limited has released its financial report for the half-year ended 31 December 2025, covering the parent company and its controlled entities. The report includes the directors’ report, auditor’s independence declarati...
Nagambie calls virtual meeting to approve Alkane JV and major share issues
Mar 10, 2026
Nagambie Resources has called a virtual general meeting of shareholders for 9 April 2026, to be held exclusively online via Zoom, where investors can watch, ask questions and vote remotely. The company has shifted to electronic distribution of mee...
Nagambie Resources Opens Share Purchase Plan for Existing Investors
Mar 6, 2026
Nagambie Resources Limited has launched a share purchase plan allowing eligible shareholders to subscribe for up to A$30,000 of new fully paid ordinary shares at an issue price of 1.3 cents per share. The offer is now open following the lodgement ...
Nagambie launches discounted share plan to fund Whroo drilling and advance Alkane JV
Mar 4, 2026
Nagambie Resources has launched a 2026 Share Purchase Plan offering eligible Australian and New Zealand shareholders up to $30,000 of new shares at 1.3 cents, a discount of about 18% to recent trading prices, to raise up to $3.7 million for diamon...
Nagambie Resources Launches Securities Purchase Plan for Up to 285 Million Shares
Mar 2, 2026
Nagambie Resources Limited plans to issue up to 285 million new ordinary fully paid shares under a securities purchase plan, giving existing shareholders the opportunity to increase their holdings. The offer, which uses a record date of 27 Februar...
Nagambie Launches Discounted Share Plan to Fund Whroo Gold-Antimony Drilling
Mar 1, 2026
Nagambie Resources plans a 2026 Share Purchase Plan offering eligible shareholders up to $30,000 in new shares at 1.3 cents each, a 17.7% discount to the recent volume-weighted average price. The company aims to raise up to $3.7 million without un...
Nagambie Resources Halts Trading Ahead of Capital Raising Announcement
Feb 25, 2026
Nagambie Resources has requested an immediate trading halt in its ordinary shares on the ASX as it finalises the terms of a planned capital raising. The halt, granted under ASX Listing Rule 17.1, will remain in place until either the company relea...
Nagambie Clears Key Hurdle for Alkane Joint Venture as ROFR Lapses
Feb 22, 2026
Nagambie Resources has confirmed that a key condition for its proposed joint venture with Alkane Resources’ Mandalay Resources Costerfield Operations has been met, after Southern Cross Gold Consolidated chose not to exercise its Right of Fir...
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.