Nagambie Resources Limited (NAG) AI Stock Analysis

• Market Cap: AU$12.05M
• Dividend Yield: N/A
• Average Volume (3M): 538.40K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.11
• Revenue Growth: -3.23%
• EPS Growth: 51.02%
• Country: AU
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 70
• Industry: Gold
• EPS (TTM): >-0.01
• Shares Outstanding: 803,302,370
• 10 Day Avg. Volume: 831,938
• 30 Day Avg. Volume: 538,398
• PEG Ratio: -0.20
• Price to Book (P/B): 1.69
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -4.68
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 41 Neutral
• Price Target: AU$0.00 ▼(-100.00%Downside)

Nagambie Resources Limited's overall stock score is primarily impacted by its poor financial performance, characterized by persistent losses, high leverage, and negative cash flows. The technical analysis suggests a bearish trend, while the valuation indicates significant challenges with profitability. These factors collectively result in a low stock score.

Nagambie Resources Limited Business Overview & Revenue Model

Company Description

Nagambie Resources Limited (NAG) is an Australian publicly listed company primarily engaged in the exploration and development of gold and associated minerals in Victoria, Australia. The company's core focus is on the discovery and extraction of gold deposits, leveraging its strategic land holdings in the Nagambie region. Nagambie Resources is also involved in environmental solutions, particularly in managing and utilizing waste materials from mining activities.

How the Company Makes Money

Nagambie Resources Limited generates revenue primarily through the exploration and development of gold resources. The company aims to identify and develop economically viable gold deposits, which can then be extracted and sold in the market. Additionally, Nagambie Resources is exploring opportunities to monetize its expertise in environmental solutions by managing waste materials from mining operations, potentially offering site rehabilitation services. The company's partnerships with other mining and exploration firms can also contribute to revenue, particularly through joint venture agreements or the sale of exploration rights.

Nagambie Resources Limited Financial Statement Overview

Summary

Nagambie Resources Limited faces significant financial challenges with persistent losses and high leverage. Revenue growth is overshadowed by negative profitability margins and cash flow issues. To improve its financial health, the company needs to focus on enhancing operational efficiency and managing its debt levels.

Income Statement

Nagambie Resources Limited's income statement reveals significant challenges with profitability. The company has consistently reported negative net income and EBIT margins, indicating operational inefficiencies. Although there is a slight increase in revenue from the previous year, the net profit margin remains deeply negative, which is concerning for sustainability.

Balance Sheet

The balance sheet shows that the company is highly leveraged, with a high debt-to-equity ratio, suggesting potential financial risk. However, the equity ratio is fairly stable, providing some degree of financial stability. The company needs to manage its liabilities better to improve its financial standing.

Cash Flow

Cash flow analysis highlights significant negative free cash flow, indicating cash flow challenges. Operating cash flow remains negative, which is a red flag for the company's ability to generate cash from operations. The company relies heavily on financing activities to support its cash needs.

Breakdown	TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement
Total Revenue	456.62K	274.38K	262.58K	251.29K	238.91K	235.39K
Gross Profit	348.35K	270.36K	-904.39K	-795.10K	-682.83K	-528.30K
EBITDA	-826.18K	-1.42M	-1.89M	-1.05M	-971.51K	-934.70K
Net Income	-1.88M	-2.79M	-3.34M	-2.34M	-1.98M	-876.49K
Balance Sheet
Total Assets	23.26M	23.37M	20.63M	17.20M	18.39M	18.14M
Cash, Cash Equivalents and Short-Term Investments	225.60K	437.72K	1.12M	347.29K	3.40M	2.20M
Total Debt	4.68M	4.58M	7.45M	5.91M	5.84M	5.10M
Total Liabilities	8.48M	8.01M	8.24M	6.73M	6.31M	5.44M
Stockholders Equity	14.78M	15.36M	12.39M	10.47M	12.08M	12.70M
Cash Flow
Free Cash Flow	-1.41M	-2.96M	-4.47M	-2.88M	-2.02M	-1.37M
Operating Cash Flow	-811.13K	-1.90M	-1.54M	-778.54K	-790.03K	-135.38K
Investing Cash Flow	-352.38K	-1.08M	-2.53M	-978.40K	-425.25K	-777.80K
Financing Cash Flow	401.26K	2.30M	5.06M	525.09K	2.35M	912.26K

Nagambie Resources Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.01
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

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 0.02, below the 50-day MA of 0.02, and below the 200-day MA of 0.02, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 44.20 is Neutral, neither overbought nor oversold. The STOCH value of 81.11 is Negative, 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

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MAN	48 Neutral	€11.29M	―	-2.30%	―	―	-125.00%
ZAG	43 Neutral	AU$11.13M	26.00	-24.81%	―	―	-1600.00%
Sector *	43 Neutral	AU$1.42B	-6.13	-40.62%	4.05%	-4.78%	-42.91%
NAG	41 Neutral	AU$12.05M	―	-12.14%	―	-3.23%	51.02%
FG1	35 Underperform	AU$11.74M	―	-515.93%	―	―	47.37%
AHK	34 Underperform	AU$11.91M	―	-14.97%	―	―	47.42%
REZ	31 Underperform	AU$14.10M	―	-32.36%	―	―	45.31%

Nagambie Resources Limited Corporate Events

Nagambie Resources Unveils High-Grade Antimony-Gold Discovery

Nagambie Resources Limited announced a significant discovery of an antimony-gold lode, named the C4 lode, located 130 meters east of the existing C1 lode. The discovery, made through diamond hole NAD056, revealed a high-grade intersection with an average of 40.5 g/t gold equivalent over a 1.83-meter estimated horizontal thickness. This finding is expected to significantly enhance the company’s gold equivalent ounces per vertical meter and suggests potential for further resource expansion, as the area remains largely untested. The company plans to conduct further drilling to evaluate the full extent of the C4 lode and its impact on the current JORC Inferred Resource.

Nagambie Resources Limited Reports Quarterly Cash Flow with Strategic Financing

Nagambie Resources Limited reported its quarterly cash flow, highlighting a net cash outflow from operating activities amounting to $272,000 for the current quarter and $753,000 year-to-date. The company also experienced a net cash outflow from investing activities of $503,000 for the quarter, primarily due to exploration and evaluation expenses. However, the company secured $600,000 in net cash from financing activities, which helped offset the operational and investment cash outflows. This financial maneuvering indicates a strategic effort to maintain liquidity and support ongoing exploration initiatives, which is crucial for the company’s growth and stability in the competitive mining sector.

Nagambie Resources Advances Antimony-Gold Exploration and Strategic Initiatives

Nagambie Resources Limited reported significant advancements in its antimony-gold exploration efforts at the Nagambie Mine, with new intersections indicating potential for increased gold equivalent ounces. The company joined the Defence Industrial Base Consortium, reflecting its strategic focus on antimony supply amid rising prices and demand driven by military and solar energy applications. Additionally, Nagambie reduced its convertible notes and expanded its working capital facility, positioning itself for future growth. The company is also planning a joint venture for a gold treatment plant, with funding efforts ongoing.

Nagambie Resources Announces Expiry of Out-of-Money Options

Nagambie Resources Limited announced that 56,193,446 of its quoted options, trading under ASX code NAGO, are set to expire on April 26, 2025. These options are significantly out of the money, with the current market price of the underlying security being substantially lower than the exercise price, indicating minimal likelihood of exercise. This situation reflects the company’s current market challenges and may impact investor sentiment.