Norfolk Metals Ltd. (AU:NFL)
ASX:NFL
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Norfolk Metals Ltd.
(Sydney:NFL)
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Rating:44Neutral
Price Target:
AU$0.11
▲(7.00% Upside)
Action:ReiteratedDate:03/24/26
The score is primarily held down by weak financial performance (ongoing losses and cash burn) and bearish technicals (price below longer-term moving averages with negative MACD). A low-debt balance sheet provides some stability, but valuation signals are constrained by negative earnings and no dividend data.
Positive Factors
Conservative balance sheet
Very low debt and a growing equity base materially reduce solvency and refinancing risk over the next several months. This conservative capital structure gives management flexibility to fund exploration and re-compliance work without immediate liquidity stress, supporting project continuity.
Negative Factors
Persistent net losses
Sustained annual net losses signal the business is not yet generating operating profits and limit internal funding capacity. Without a clear path to materially scale revenue or cut structural costs, ongoing losses will necessitate repeated external financing, constraining long‑term self‑sufficiency.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative balance sheet
Very low debt and a growing equity base materially reduce solvency and refinancing risk over the next several months. This conservative capital structure gives management flexibility to fund exploration and re-compliance work without immediate liquidity stress, supporting project continuity.
Read all positive factors
Norfolk Metals Ltd. (NFL) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$11.09M
Dividend YieldN/A
Average Volume (3M)227.68K
Price to Earnings (P/E)―
Beta (1Y)0.71
Revenue GrowthN/A
EPS Growth-1.22%
CountryAU
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryOther Precious Metals
Share Statistics
EPS (TTM)-0.01
Shares Outstanding100,801,140
10 Day Avg. Volume128,436
30 Day Avg. Volume227,684
Financial Highlights & Ratios
PEG Ratio1.93
Price to Book (P/B)0.85
Price to Sales (P/S)63.83
P/FCF Ratio-2.65
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
Norfolk Metals Ltd. Business Overview & Revenue Model
Company Description
Norfolk Metals Limited explores for gold and uranium properties in Australia. The company holds interest in the Roger River Gold project, which comprises one granted exploration license and one exploration license application located in Tasmania; ...
Norfolk Metals Ltd. Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
74
Positive
Cash Flow
24
Negative
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 82.33K | 82.33K | 0.00 | 0.00 | 0.00 |
| Gross Profit | 85.63K | 82.33K | 0.00 | -9.44K | 0.00 |
| EBITDA | -1.07M | -643.55K | -673.35K | -758.03K | -653.95K |
| Net Income | -1.75M | -687.23K | -645.95K | -771.49K | -709.03K |
Balance Sheet | |||||
| Total Assets | 9.39M | 6.53M | 5.96M | 5.44M | 6.06M |
| Cash, Cash Equivalents and Short-Term Investments | 2.13M | 2.10M | 3.07M | 3.21M | 4.60M |
| Total Debt | 0.00 | 6.18K | 0.00 | 9.81K | 0.00 |
| Total Liabilities | 166.78K | 373.37K | 85.99K | 196.61K | 98.58K |
| Stockholders Equity | 9.22M | 6.16M | 5.87M | 5.24M | 5.97M |
Cash Flow | |||||
| Free Cash Flow | -2.52M | -1.98M | -1.58M | -1.34M | -570.47K |
| Operating Cash Flow | -985.00K | -443.94K | -555.33K | -541.86K | -234.54K |
| Investing Cash Flow | -3.92M | -1.53M | -994.86K | -801.47K | -299.85K |
| Financing Cash Flow | 4.21M | 1.01M | 1.41M | -43.91K | 5.55M |
Norfolk Metals Ltd. Technical Analysis
Negative
0.10
Price Trends
0.11
Negative
0.12
Negative
0.14
Negative
Market Momentum
>-0.01
Negative
47.95
Neutral
<0.01
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:NFL, the sentiment is Negative. The current price of 0.1 is below the 20-day moving average (MA) of 0.11, below the 50-day MA of 0.11, and below the 200-day MA of 0.14, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 47.95 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:NFL.
Norfolk Metals Ltd. 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% | |
44 Neutral | AU$11.09M | -1.75 | -22.69% | ― | ― | -1.22% | |
| ― | AU$4.98M | -0.54 | -145.66% | ― | ― | 34.61% | |
49 Neutral | AU$9.19M | -0.43 | -104.33% | ― | -100.00% | 80.33% | |
46 Neutral | AU$28.57M | -1.27 | -71.24% | ― | ― | 8.81% | |
44 Neutral | AU$4.59M | -0.72 | -171.67% | ― | ― | 30.99% | |
43 Neutral | AU$4.11M | -3.17 | -18.79% | ― | ― | -164.12% |
* Basic Materials Sector Average
AU:NFL
Norfolk Metals Ltd.
0.11
-0.05
-31.25%
AU:ATT
Copper Search Ltd.
0.01
-0.01
-44.00%
AU:BPM
BPM Minerals Ltd.
0.22
0.18
450.00%
AU:DUN
Dundas Minerals Limited
0.05
0.02
95.83%
AU:M3M
M3 Mining Ltd.
0.02
-0.02
-45.00%
AU:OCT
Octava Minerals Ltd.
0.04
0.00
0.00%
Norfolk Metals Ltd. Corporate Events
Norfolk Metals Seeks Trading Halt Ahead of Chile Acquisition and ASX Re-Compliance
Mar 10, 2026
Norfolk Metals Ltd. has requested a voluntary suspension of trading in its securities on the ASX, effective immediately, as it prepares to announce a proposed material acquisition in Chile and undertake a re-compliance process under Listing Rule 1...
Norfolk Metals seeks ASX trading halt ahead of Chile acquisition announcement
Mar 8, 2026
Norfolk Metals has requested a trading halt on its securities on the ASX as it prepares to announce a proposed material acquisition in Chile, with the halt expected to last until either the announcement is released or trading resumes on 11 March 2...
Norfolk Metals Advances Carmen Copper Project with Option Payment and DIA Milestone
Feb 22, 2026
Norfolk Metals has reinforced its commitment to Chile’s Carmen Copper Project by confirming a US$250,000 option payment to local owners, keeping its pathway open to acquire up to 100% of the asset through existing earn-in and option structur...
Norfolk Metals Delivers Strong Copper Hits and Bolsters Cash in December Quarter
Jan 30, 2026
Norfolk Metals reported a strong December quarter marked by the completion of Phase 1 of its maiden reverse-circulation drilling campaign at the Carmen Copper Project, delivering multiple higher-grade copper intercepts across 37 RC holes totalling...
Norfolk Metals Raises Capital via 20 Million-Share Private Placement
Jan 16, 2026
Norfolk Metals Limited has completed a private placement of 20,000,000 fully paid ordinary shares to professional and sophisticated investors, expanding its capital base without issuing a prospectus under Australia’s Corporations Act. The co...
Norfolk Metals Seeks ASX Quotation for 20 Million New Shares
Jan 16, 2026
Norfolk Metals Ltd., listed on the ASX under the code NFL, has applied for quotation of 20 million new fully paid ordinary shares, with the securities issued on 16 January 2026 under previously announced arrangements. The move expands the company&...
Norfolk Metals Plans Major Share and Option Issue to Strengthen Capital Base
Jan 14, 2026
Norfolk Metals Ltd., listed on the ASX under the code NFL, has lodged details of a proposed issue of securities, including ordinary fully paid shares and unquoted options, as part of a capital management initiative. The company plans to issue up t...
Norfolk Metals Confirms Robust Copper System at Carmen and Secures $2.1m Placement for Next Exploration Phase
Jan 14, 2026
Norfolk Metals has completed Phase 1 of its maiden drilling campaign at the Carmen Copper Project, with final assays from six reverse circulation holes confirming higher-grade primary copper sulphide mineralisation at the Carmen Main area that rem...
Norfolk Metals Issues New Shares and Exceeds A$3m Spend at Caremn Copper Project
Dec 28, 2025
Norfolk Metals Limited has issued and allotted 760,209 fully paid ordinary shares to Transcendence, following shareholder approval at its November 2025 AGM, and has confirmed that the issue was conducted without a prospectus in accordance with rel...
Norfolk Metals Director Increases Indirect Shareholding via Fee Shares
Dec 28, 2025
Norfolk Metals Limited has reported a change in the relevant interests of director David Fowler in the company’s fully paid ordinary shares. Fowler’s indirect holding, via associated entities Huemul Investments Pty Ltd and Transcendenc...
Norfolk Metals Seeks ASX Quotation for Operator Fee Shares
Dec 28, 2025
Norfolk Metals Ltd has applied to the ASX for quotation of 760,209 fully paid ordinary shares, issued as Operator Fee Shares to Transcendence (or its nominees) following shareholder approval at the company’s 27 November 2025 annual general m...
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.