Newfield Resources Ltd. (NWF) AI Stock Analysis

• Market Cap: AU$83.72M
• Dividend Yield: N/A
• Average Volume (3M): 0.00
• Price to Earnings (P/E): ―
• Beta (1Y): -0.46
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: AU
• Employees: 213
• Sector: Basic Materials
• Sector Strength: 62
• Industry: Other Precious Metals
• EPS (TTM): -0.01
• Shares Outstanding: 940,702,940
• 10 Day Avg. Volume: 0
• 30 Day Avg. Volume: 0
• PEG Ratio: 0.00
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -10.86
• 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: 42 Neutral
• Price Target: AU$0.00 ▼(-100.00%Downside)

The overall stock score for Newfield Resources Ltd. is primarily impacted by its weak financial performance, characterized by persistent losses and high leverage. Technical analysis suggests a bearish trend, with indicators pointing to oversold conditions. Valuation metrics further highlight the company's financial difficulties, with a negative P/E ratio and no dividend yield.

Newfield Resources Ltd. Business Overview & Revenue Model

Company Description

Newfield Resources Ltd. (NWF) is an Australian-based company primarily engaged in the exploration and development of mineral resources. The company focuses on the acquisition, exploration, and development of diamond mines and related projects, with its flagship asset being the Tongo Diamond Project located in Sierra Leone. Through its operations, Newfield Resources aims to establish a significant presence in the diamond mining industry, leveraging its resources and expertise to maximize value for its shareholders.

How the Company Makes Money

Newfield Resources Ltd. generates revenue primarily through the exploration, development, and eventual sale of diamonds extracted from its mining operations. The company invests in the exploration phase to identify viable diamond deposits, followed by development activities to establish mining infrastructure and commence production. Revenue is earned from the sale of rough diamonds extracted from these mines. The company's earnings can be significantly influenced by global diamond market prices, the quality and size of the diamond reserves, and operational efficiency. Additionally, strategic partnerships or joint ventures with other mining companies can play a role in enhancing its operational capabilities and financial performance.

Newfield Resources Ltd. Financial Statement Overview

Summary

Newfield Resources Ltd. faces significant financial challenges, with negative revenue growth and consistent losses across its income statement. The balance sheet shows high leverage and a negative stockholders' equity, indicating financial risk. Despite a slight improvement in cash position, the company continues to generate negative free cash flow, underscoring its financial instability.

Income Statement

Newfield Resources Ltd. shows a challenging income statement with negative revenue growth and persistent losses. The gross profit margin is negative, indicating costs exceed revenue, and the net profit margin reflects substantial losses. While the EBIT and EBITDA margins are also negative, there is a notable revenue increase from the prior year, but it remains insufficient to overcome the high expenses.

Balance Sheet

The balance sheet highlights significant financial instability. With a negative stockholders' equity, the company is heavily leveraged, reflected in a high debt-to-equity ratio that indicates financial risk. The equity ratio is negative due to the deficit in shareholders' equity, suggesting potential insolvency concerns.

Cash Flow

Cash flow analysis reveals negative free cash flow, but the company has managed to maintain some level of financing cash flow. Despite the negative operating cash flow, the company has improved its cash position slightly compared to previous periods, although this is not sufficient to cover its net income losses.

Breakdown
Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement		Total Revenue
2.06M	-1.68M	1.97M	0.00	0.00
	Gross Profit
-702.36K	-1.68M	-1.45M	-902.64K	-383.86K
	EBIT
-143.54M	-9.17M	-6.70M	-2.38M	-2.27M
	EBITDA
-147.95M	-9.27M	-5.57M	-6.54M	-7.34M
	Net Income Common Stockholders
-136.52M	-10.35M	-6.91M	-11.38M	-9.93M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
15.67K	158.20K	1.26M	1.59M	1.00M
	Total Assets
3.55M	140.46M	130.33M	110.98M	107.18M
	Total Debt
4.80M	17.07M	159.08K	34.60M	19.60M
	Net Debt
4.78M	16.91M	-1.10M	33.01M	18.59M
	Total Liabilities
15.64M	41.01M	29.55M	75.84M	55.17M
	Stockholders Equity
-11.85M	99.68M	100.79M	35.14M	52.02M
Cash Flow		Free Cash Flow
-7.71M	-15.69M	-20.21M	-14.74M	-23.77M
	Operating Cash Flow
-5.70M	-10.36M	-7.31M	-3.37M	-1.68M
	Investing Cash Flow
-2.80M	-12.66M	-12.84M	-11.26M	-15.39M
	Financing Cash Flow
8.36M	22.06M	19.75M	15.06M	17.16M

Newfield Resources Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.09
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:NWF, the sentiment is Negative. The current price of 0.09 is above the 20-day moving average (MA) of 0.09, below the 50-day MA of 0.09, and below the 200-day MA of 0.09, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 27.00 is Positive, neither overbought nor oversold. The STOCH value of 9.09 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:NWF.

Newfield Resources Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
EVN	81 Outperform	$17.69B	25.58	16.97%	1.37%	60.56%	302.20%
NST	78 Outperform	$29.92B	25.38	11.01%	2.41%	25.11%	28.88%
GOR	76 Outperform	$3.67B	25.64	13.42%	0.54%	11.93%	22.74%
AMI	63 Neutral	$541.62M	38.10	4.44%	―	0.39%	―
RSG	51 Neutral	AU$1.23B	41.67	-5.02%	―	27.79%	-144.05%
Sector *	51 Neutral	$2.02B	-1.14	-21.37%	3.64%	2.88%	-30.57%
NWF	42 Neutral	AU$83.72M	―		―	―	―

Newfield Resources Ltd. Corporate Events

Newfield Resources Advances Tongo Diamond Mine Amidst Legal and Financial Developments

Newfield Resources Limited has entered into a term sheet with ACA Resources Pty Ltd to advance the Tongo Diamond Mine in Sierra Leone. ACA Resources has taken over management of the mine site and is negotiating license fee payment conditions with the Ministry of Mineral Resources. The company is also reviewing outstanding creditors to reduce payables. Additionally, Newfield received a notice from Octea Limited to terminate the Tribute Mining and Revenue Share Agreement for the Tonguma mining license due to lack of progress. The company is seeking legal advice on this matter. Financially, Newfield has extended the maturity date of a bond with Fidelitas Deutsche Industrie Holding AG and is pursuing other funding initiatives for the Tongo Diamond Mine development.