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North Stawell Minerals, Ltd. (AU:NSM)
ASX:NSM
Australian Market
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North Stawell Minerals, Ltd. (NSM) AI Stock Analysis

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AU:NSM

North Stawell Minerals, Ltd.

(Sydney:NSM)

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Neutral 44 (OpenAI - 5.2)
Rating:44Neutral
Price Target:
AU$0.02
▼(-33.33% Downside)
Action:Reiterated
Date:06/04/26
The score is driven primarily by weak financial performance (pre-revenue status, ongoing losses, and negative free cash flow), partially offset by a low-debt balance sheet and some improvement in recent loss and operating cash burn. Technicals are neutral with the stock below longer-term moving averages, and valuation is constrained by negative earnings and no dividend.
Positive Factors
Low leverage
Effectively no debt materially lowers refinancing and interest-rate risk for an exploration-stage miner. A near-zero debt load preserves strategic flexibility to fund exploration through equity or JV structures, helping the company endure multi-quarter cash burn without debt servicing pressure.
Negative Factors
Pre-revenue business
No revenue across reported years means the firm cannot self-fund operations and remains fully reliant on external capital. This structural state increases execution risk: the business must convert exploration results into commercial resources to reach sustainable cash generation, a multi-period hurdle.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage
Effectively no debt materially lowers refinancing and interest-rate risk for an exploration-stage miner. A near-zero debt load preserves strategic flexibility to fund exploration through equity or JV structures, helping the company endure multi-quarter cash burn without debt servicing pressure.
Read all positive factors

North Stawell Minerals, Ltd. (NSM) vs. iShares MSCI Australia ETF (EWA)

North Stawell Minerals, Ltd. Business Overview & Revenue Model

Company Description
North Stawell Minerals Limited is an Australian company primarily focused on the prospecting, evaluation, and advancement of gold resources. The firm holds a significant portfolio of prospective mineral tenements and pending applications, strategi...

North Stawell Minerals, Ltd. Financial Statement Overview

Summary
Overall fundamentals are weak because the company is pre-revenue with ongoing net losses and negative operating/free cash flow. Positives include a conservatively financed balance sheet with effectively no debt and improving losses/operating cash outflow in the latest period, but persistent cash burn and no revenue keep the score below average.
Income Statement
14
Very Negative
Balance Sheet
66
Positive
Cash Flow
24
Negative
BreakdownTTMJun 2025Jun 2024Jun 2023Jun 2022Jun 2021
Income Statement
Total Revenue0.000.000.000.000.000.00
Gross Profit-101.28K-101.28K-41.63K-56.32K-34.91K-48.93K
EBITDA-715.13K-789.67K-1.84M-1.80M-2.03M-2.04M
Net Income-1.38M-697.03K-1.88M-1.86M-2.02M-2.09M
Balance Sheet
Total Assets15.52M14.32M12.83M14.00M15.72M17.30M
Cash, Cash Equivalents and Short-Term Investments1.61M1.05M472.13K2.18M6.67M11.78M
Total Debt14.83K0.000.000.000.000.00
Total Liabilities211.63K251.92K322.76K428.50K449.15K287.16K
Stockholders Equity15.30M14.06M12.50M13.58M15.28M17.01M
Cash Flow
Free Cash Flow-1.57M-1.76M-1.57M-5.19M-5.11M-5.93M
Operating Cash Flow-560.96K-755.76K-1.57M-1.66M-1.57M-1.03M
Investing Cash Flow-1.15M-867.65K-726.64K-3.03M-3.54M-4.96M
Financing Cash Flow1.76M2.20M786.21K0.000.0017.77M

North Stawell Minerals, Ltd. Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.03
Price Trends
50DMA
0.03
Negative
100DMA
0.03
Negative
200DMA
0.03
Negative
Market Momentum
MACD
>-0.01
Positive
RSI
36.40
Neutral
STOCH
-6.67
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:NSM, the sentiment is Negative. The current price of 0.03 is above the 20-day moving average (MA) of 0.02, above the 50-day MA of 0.03, and below the 200-day MA of 0.03, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 36.40 is Neutral, neither overbought nor oversold. The STOCH value of -6.67 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:NSM.

North Stawell Minerals, Ltd. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
61
Neutral
$10.43B7.12-0.05%2.87%2.86%-36.73%
47
Neutral
AU$9.50M-4.21-19.54%-11.76%
47
Neutral
AU$7.80M-0.99-50.11%-34.80%
44
Neutral
AU$7.85M-7.24-9.43%53.13%
44
Neutral
AU$8.58M-11.43-6.56%52.44%
40
Underperform
AU$6.06M-13.33-95.14%94.20%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:NSM
North Stawell Minerals, Ltd.
0.02
-0.02
-43.24%
AU:ALY
Alchemy Resources Limited
0.01
0.00
0.00%
AU:TMB
Tambourah Metals Ltd
0.03
0.01
55.00%
AU:DBO
Diablo Resources Limited
0.01
>-0.01
-26.67%
AU:FNR
Far Northern Resources Limited
0.12
-0.02
-14.29%
AU:49M
49 Metals Limited
0.09
-0.08
-48.48%

North Stawell Minerals, Ltd. Corporate Events

North Stawell Extends Gold Trend North of Stawell Mine with New Drill Results
Jul 2, 2026
North Stawell Minerals has reported re-split assay results from its recent air core drilling at the Darlington and Caledonia prospects, located 6 to 8 kilometres north of the Stawell Gold Mine in Victoria. The work targets high-grade gold minerali...
North Stawell Minerals Reaffirms Gold Project Data and Compliance in Victoria Update
Jun 19, 2026
North Stawell Minerals has released a presentation on its North Stawell Gold Project in Victoria, outlining high-grade gold exploration opportunities and reaffirming that all results discussed are previously reported. The company emphasizes that t...
North Stawell Minerals Launches Follow-Up Drilling at High-Grade Darlington Prospect
Jun 5, 2026
North Stawell Minerals has commenced a 600-800 metre follow-up diamond drilling program at its Darlington Project in western Victoria to test extensions of high-grade gold mineralisation identified in earlier campaigns. The work targets a shallow ...
North Stawell Minerals Seeks Quotation for Additional Ordinary Shares
Jun 4, 2026
North Stawell Minerals Ltd has applied for the quotation of 277,778 new fully paid ordinary shares on the ASX, following the exercise or conversion of existing options or other convertible securities. The issuance modestly increases the company&#8...
North Stawell Minerals Confirms Gold Mineralisation at Darlington and Caledonia
May 29, 2026
North Stawell Minerals reported encouraging aircore drilling results from its Darlington and Caledonia projects, about 6 km north of Stawell in Victoria, confirming anomalous gold mineralisation along a key structural trend. Intercepts at Darlingt...
North Stawell Minerals Steps Up Drilling as Darlington–Caledonia Gold Trend Expands
Apr 30, 2026
North Stawell Minerals reported quarterly progress at its North Stawell Gold Project, highlighting advances along the Darlington–Caledonia trend in Victoria. The company said its work is strengthening the geological model and building confid...
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.Date of analysis: Jun 04, 2026