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
▲(10.00% Upside)
Action:ReiteratedDate: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
Focused exploration business model
Nagambie operates a clear, asset-focused mineral exploration and development model centered on gold prospectivity. That strategic focus provides durable optionality: successful resource definition and development can create scalable, multi-year value creation paths distinct from short-term commodity noise.
Negative Factors
Persistent unprofitable operations
Chronic losses and negative margins erode equity and limit the firm’s ability to self-fund exploration or development. Over several months this forces reliance on external capital, increases dilution risk, and constrains investment in resource definition and value-accretive studies needed to advance projects.
Read all positive and negative factors
Positive Factors
Negative Factors
Focused exploration business model
Nagambie operates a clear, asset-focused mineral exploration and development model centered on gold prospectivity. That strategic focus provides durable optionality: successful resource definition and development can create scalable, multi-year value creation paths distinct from short-term commodity noise.
Read all positive factors
Nagambie Resources Limited (NAG) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$12.46M
Dividend YieldN/A
Average Volume (3M)1.87M
Price to Earnings (P/E)―
Beta (1Y)1.89
Revenue Growth12.08%
EPS Growth46.51%
CountryAU
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryGold
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding958,783,500
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
Nagambie Resources Limited generates revenue through the exploration and potential extraction of gold and other minerals. The company's revenue model is primarily based on the discovery and development of economically viable mineral deposits, whic...
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
45.17
Neutral
27.78
Neutral
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 45.17 is Neutral, neither overbought nor oversold. The STOCH value of 27.78 is Neutral, 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% | |
54 Neutral | AU$30.59M | 0.22 | 124.08% | ― | ― | -860.00% | |
53 Neutral | AU$13.17M | -1.06 | -15.52% | ― | ― | -233.33% | |
46 Neutral | AU$26.77M | 29.28 | -1.78% | ― | ― | 1.38% | |
44 Neutral | AU$12.46M | -2.34 | -12.87% | ― | 12.08% | 46.51% | |
43 Neutral | AU$11.90M | 37.48 | -4.21% | ― | ― | -33.33% | |
43 Neutral | AU$13.39M | -1.34 | -202.96% | ― | ― | 48.90% |
* Basic Materials Sector Average
AU:NAG
Nagambie Resources Limited
0.01
>-0.01
-33.33%
AU:ZAG
Zuleika Gold Limited
0.04
0.02
191.67%
AU:MAN
Mandrake Resources Ltd
0.02
<0.01
23.53%
AU:AHK
ARK Mines Ltd
0.38
0.26
216.67%
AU:REZ
Resources & Energy Group Limited
0.01
>-0.01
-33.33%
AU:FG1
Flynn Gold Ltd.
0.02
>-0.01
-4.35%
Nagambie Resources Limited Corporate Events
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...
Nagambie Resources Seeks ASX Quotation for 2.1 Million New Shares
Feb 9, 2026
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 o...
Nagambie Triggers ROFR Process on Alkane Joint Venture Proposal
Feb 9, 2026
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 th...
Nagambie Resources Seals Alkane Earn-In Deal to Advance Antimony-Gold Assets
Jan 30, 2026
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 ten...
Nagambie Resources Plans Major Share Placement to Raise New Capital
Jan 30, 2026
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,...
Alkane Agrees Earn-In Deal on Nagambie Gold-Antimony Project
Jan 30, 2026
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 Costerfie...
Nagambie Strikes Alkane-Backed Joint Venture Pathway for Nagambie Gold-Antimony Mine
Jan 30, 2026
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 explora...
Nagambie Resources Seeks Trading Halt Ahead of Material Deal and Capital Raising
Jan 28, 2026
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...
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.
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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.