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Nagambie Resources Limited
(Sydney:NAG)
Nagambie Resources Limited (NAG) vs. iShares MSCI Australia ETF (EWA)
Nagambie Resources Limited Business Overview & Revenue Model
Nagambie Resources Limited Financial Statement Overview
| Breakdown | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 453.04K | 274.38K | 262.58K | 251.29K | 238.91K |
| Gross Profit | 343.28K | 270.36K | -904.39K | -795.10K | -682.83K |
| EBITDA | -993.47K | -1.42M | -1.89M | -1.05M | -971.51K |
| Net Income | -1.85M | -2.79M | -3.34M | -2.34M | -1.98M |
Balance Sheet | |||||
| Total Assets | 23.81M | 23.37M | 20.63M | 17.20M | 18.39M |
| Cash, Cash Equivalents and Short-Term Investments | 69.32K | 437.72K | 1.12M | 347.29K | 3.40M |
| Total Debt | 5.73M | 4.58M | 7.45M | 5.91M | 5.84M |
| Total Liabilities | 9.89M | 8.01M | 8.24M | 6.73M | 6.31M |
| Stockholders Equity | 13.92M | 15.36M | 12.39M | 10.47M | 12.08M |
Cash Flow | |||||
| Free Cash Flow | -1.68M | -2.96M | -4.47M | -2.88M | -2.02M |
| Operating Cash Flow | -387.82K | -1.90M | -1.54M | -778.54K | -790.03K |
| Investing Cash Flow | -1.03M | -1.08M | -2.53M | -978.40K | -425.25K |
| Financing Cash Flow | 1.05M | 2.30M | 5.06M | 525.09K | 2.35M |
Nagambie Resources Limited Technical Analysis
Nagambie Resources Limited Peers Comparison
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% | |
54 Neutral | AU$38.93M | -3.95 | -28.59% | ― | ― | -860.00% | |
53 Neutral | AU$15.05M | -18.02 | -2.67% | ― | ― | -233.33% | |
47 Neutral | AU$13.42M | -6.96 | -12.69% | ― | 12.08% | 46.51% | |
43 Neutral | AU$30.38M | -7.93 | -18.96% | ― | ― | 1.38% | |
43 Neutral | AU$13.73M | -5.58 | -25.75% | ― | ― | -33.33% | |
43 Neutral | AU$14.61M | -1.92 | -241.11% | ― | ― | 48.90% |
Nagambie Resources Limited Corporate Events
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 diamond drilling at its Whroo Mines Gold-Antimony Project and for working capital. The initiative follows a proposed joint venture with Alkane Resources that could leverage Alkane’s nearby Costerfield Mine infrastructure to develop Nagambie’s high-grade antimony-gold discovery, while Nagambie retains full ownership of Whroo and Wandean, reinforcing its strategic shift toward advancing these Victorian gold-antimony assets and broadening retail investor participation.
The board is targeting a more inclusive capital raising by extending discounted participation to all eligible shareholders, rather than only sophisticated and professional investors, via a non-underwritten, non-renounceable offer that may be scaled back if demand is high. If the Alkane joint venture progresses alongside the SPP funding, Nagambie stands to benefit from reduced development capital needs and accelerated exploration and mine development activity, which could materially influence its future production profile and position in the gold-antimony sector.
The most recent analyst rating on (AU:NAG) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Nagambie Resources Limited stock, see the AU:NAG Stock Forecast page.
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 February 2026 and runs through to an issue date of 1 April 2026, is expected to raise additional equity capital, potentially strengthening the company’s balance sheet and funding future operational or exploration activities while diluting existing shareholdings proportionally.
The most recent analyst rating on (AU:NAG) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Nagambie Resources Limited stock, see the AU:NAG Stock Forecast page.
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 underwriting, with proceeds directed to an initial diamond drilling program at the Whroo Mines Gold-Antimony Project and to bolster working capital.
The raising follows a proposed joint venture with Alkane Resources, which includes a premium equity subscription and substantial potential earn-in funding tied to Nagambie’s antimony-gold discovery near the Costerfield Mine. Management highlights that access to existing processing infrastructure and equipment could materially reduce capital costs, while Whroo becomes the primary exploration focus, reinforcing Nagambie’s growth ambitions in gold-antimony and offering shareholders leveraged exposure to the region’s development upside.
The most recent analyst rating on (AU:NAG) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Nagambie Resources Limited stock, see the AU:NAG Stock Forecast page.
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 releases details of the capital raising or normal trading resumes on 2 March 2026, signaling an imminent funding move that could affect its balance sheet and future project activity.
The trading halt indicates that Nagambie is in the advanced stages of securing new capital, which may support exploration, development, or corporate initiatives. Investors and other stakeholders are likely to focus on the size, pricing, and structure of the raising once announced, as these terms will influence shareholder dilution, the company’s funding runway, and its strategic flexibility in the competitive resources market.
The most recent analyst rating on (AU:NAG) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Nagambie Resources Limited stock, see the AU:NAG Stock Forecast page.
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 First Refusal. The waiver of this right, originally granted under a 2020 share subscription agreement, clears a major hurdle for finalising the Alkane–Nagambie Joint Venture and allows both parties to progress remaining conditions, potentially accelerating development of Nagambie’s assets and strengthening its strategic alliances in the Victorian mining district.
The most recent analyst rating on (AU:NAG) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Nagambie Resources Limited stock, see the AU:NAG Stock Forecast page.
Nagambie Resources Limited, an ASX-listed resources company trading under the code NAG, has issued additional ordinary fully paid shares as part of its ongoing capital management activities. The move underscores the company’s continued use of the equity market to support its operations and balance sheet.
The company has applied for quotation of 2,094,523 new ordinary fully paid shares, which were issued on 6 February 2026. Once quoted, these securities will expand the company’s free float and may modestly dilute existing shareholders while providing Nagambie with additional listed equity to deploy for corporate or project-related purposes.
The most recent analyst rating on (AU:NAG) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Nagambie Resources Limited stock, see the AU:NAG Stock Forecast page.
Nagambie Resources has issued an update on its proposed joint venture with Alkane Resources’ Costerfield subsidiary, confirming that the process to clear a key contractual hurdle is now formally under way. The company is working to secure the necessary waiver or expiry of a Right of First Refusal held by Southern Cross Gold Consolidated under a prior share subscription agreement.
Nagambie has formally served a Right of First Refusal notice on Southern Cross Gold, triggering a notice period that runs until the evening of 11 March 2026. Southern Cross Gold may now choose to match or improve on Alkane’s proposed consideration and transact with Nagambie on those terms, or decline and clear the way for Nagambie to proceed with the Alkane joint venture, a decision that will shape the company’s future project funding and development path.
The most recent analyst rating on (AU:NAG) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Nagambie Resources Limited stock, see the AU:NAG Stock Forecast page.
Nagambie Resources has agreed a binding earn-in and proposed joint venture with Alkane Resources over its Nagambie Mine mining and surrounding exploration licences, under which Alkane can spend up to $27.5 million to earn as much as 80% of the tenements, or $12.5 million for a 60% stake, with plans covering exploration drilling, decline-access mine development and potential ore trucking to Alkane’s nearby Costerfield plant for gold recovery and antimony-gold concentrate production. As part of the deal Alkane will subscribe for $2.5 million of new Nagambie shares at a 50% premium and become a significant shareholder, while a lender converts $1.5 million of debt into equity, collectively strengthening Nagambie’s balance sheet and creating a potential pathway to significant future cash flows from antimony and gold production without bearing most of the capital and operating risks, as the company retains full ownership of its other projects and continues to advance plans for an oxide gold toll treatment facility with Golden Camel Mining despite current cash reserves remaining modest.
The most recent analyst rating on (AU:NAG) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Nagambie Resources Limited stock, see the AU:NAG Stock Forecast page.
Nagambie Resources Limited has announced a proposed placement of up to 166,666,667 new fully paid ordinary shares, with an intended issue date of 13 March 2026. The sizable equity raising signals a move to bolster the company’s capital base, which could support future operational or strategic initiatives and potentially dilute existing shareholders, while positioning the company for expanded activity or development depending on how the funds are ultimately deployed.
The most recent analyst rating on (AU:NAG) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Nagambie Resources Limited stock, see the AU:NAG Stock Forecast page.
Alkane Resources has signed a term sheet for a conditional placement and earn-in agreement with Nagambie Resources covering Nagambie’s core gold-antimony project tenements in Victoria, located about 40km northeast of Alkane’s Costerfield operations. The proposed investment aims to fund deeper drilling to test potential depth extensions at Nagambie and aligns with Alkane’s strategy of expanding its resource base and production profile, potentially strengthening its regional footprint in Victorian gold-antimony and reinforcing its broader growth trajectory across its Australian and Swedish assets.
The most recent analyst rating on (AU:NAG) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Nagambie Resources Limited stock, see the AU:NAG Stock Forecast page.
Nagambie Resources has signed a binding term sheet with Mandalay Resources’ Costerfield Operations, a subsidiary of Alkane Resources, for an earn-in and proposed joint venture over its Nagambie mining licence MIN 5412 and surrounding exploration licence EL 5511. Under the deal, Alkane can spend up to A$27.5 million in stages to earn as much as 80% of the tenements, or elect to cap its spend at A$12.5 million for a 60% stake, with the arrangement envisaging exploration drilling, decline development, underground mining and, if successful, trucking ore to the nearby Costerfield plant for gold recovery and antimony-gold concentrate production. Alkane will also invest A$2.5 million in new Nagambie shares at a 50% premium, becoming a significant shareholder, while a creditor converts A$1.5 million of debt into equity, strengthening Nagambie’s balance sheet. The structure offers Nagambie a potential pathway to substantial future free cash flow from antimony and gold production while avoiding most of the capital and operating risk of building its own processing and underground mining capability, and allows Alkane to potentially extend or expand its Costerfield operations through additional ore feed, with Nagambie retaining full ownership of its other key gold‑antimony projects at Whroo and Wandean.
The most recent analyst rating on (AU:NAG) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Nagambie Resources Limited stock, see the AU:NAG Stock Forecast page.
Nagambie Resources has requested a trading halt in its ordinary shares on the ASX as it prepares to announce a proposed material transaction and associated capital raising. The halt will remain in place until either the company releases details of the transaction and funding plans or trading resumes automatically on 2 February 2026, signalling that a potentially significant corporate development is pending for shareholders and the market.
The most recent analyst rating on (AU:NAG) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Nagambie Resources Limited stock, see the AU:NAG Stock Forecast page.
Nagambie Resources Limited has announced the issuance of 60 million fully paid ordinary shares and 30 million free attaching options as part of a capital raising initiative. This move aims to strengthen the company’s financial position and support its ongoing exploration and development activities, potentially enhancing its market presence and offering new opportunities for stakeholders.
The most recent analyst rating on (AU:NAG) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Nagambie Resources Limited stock, see the AU:NAG Stock Forecast page.