Perpetual Resources Ltd. (AU:PEC)
ASX:PEC
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Perpetual Resources
(Sydney:PEC)
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Rating:50Neutral
Price Target:
AU$0.02
▲(90.00% Upside)
Action:Reiterated
Date:06/23/26
The score is held down primarily by weak financial performance (minimal revenue, persistent losses, and ongoing cash burn) despite a debt-free balance sheet. Technicals are relatively supportive with price above major moving averages and positive MACD, but elevated RSI suggests near-term overheating risk. Valuation is constrained by negative earnings (negative P/E) and no indicated dividend yield.
Positive Factors
Debt-free balance sheet
A debt-free balance sheet materially lowers financial risk and interest burden, giving management flexibility to prioritize project development, permitting and logistics. Over a 2-6 month horizon this reduces default risk, eases capital structure decisions and improves optionality to raise non-debt funding for commercialization milestones.
Negative Factors
Persistent cash burn
Consistent negative operating and free cash flow forces reliance on external financing, increasing dilution and execution risk. Over months this constrains spending on site development, processing and logistics, elevates liquidity risk and can delay commercialization unless funding sources are secured on acceptable terms.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-free balance sheet
A debt-free balance sheet materially lowers financial risk and interest burden, giving management flexibility to prioritize project development, permitting and logistics. Over a 2-6 month horizon this reduces default risk, eases capital structure decisions and improves optionality to raise non-debt funding for commercialization milestones.
Read all positive factors
Perpetual Resources (PEC) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$18.35M
Dividend YieldN/A
Average Volume (3M)2.54M
Price to Earnings (P/E)―
Beta (1Y)0.59
Revenue GrowthN/A
EPS Growth65.75%
CountryAU
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding1,079,705,400
10 Day Avg. Volume2,000,252
30 Day Avg. Volume2,541,221
Financial Highlights & Ratios
PEG Ratio0.12
Price to Book (P/B)2.43
Price to Sales (P/S)0.00
P/FCF Ratio-8.17
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
Perpetual Resources Business Overview & Revenue Model
Company Description
Perpetual Resources Limited primarily focuses on discovering and developing silica sand deposits, with the ultimate goal of extracting silica throughout the Oceania geographical area. The company's key project is the Beharra Silica Sands venture, ...
How the Company Makes Money
Perpetual Resources generates revenue by exploring and developing silica sand deposits and selling the extracted high-grade silica sand to end-users in industries such as glass manufacturing, ceramics, and solar panels. The company monetizes its o...
Perpetual Resources Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
58
Neutral
Cash Flow
18
Very Negative
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 15.26K | 0.00 | 0.00 | 145.75K |
| Gross Profit | -13.39K | -10.53K | -5.86K | 0.00 | 0.00 | 145.75K |
| EBITDA | -1.20M | -893.05K | -5.59M | -957.00K | 220.00 | 145.75K |
| Net Income | -2.29M | -903.59K | -5.44M | -4.84M | -1.68M | -717.00K |
Balance Sheet | ||||||
| Total Assets | 3.54M | 3.98M | 2.72M | 5.27M | 8.59M | 9.32M |
| Cash, Cash Equivalents and Short-Term Investments | 1.00M | 826.29K | 909.62K | 1.30M | 1.13M | 3.42M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 111.78K | 130.59K | 492.39K | 356.50K | 343.56K | 306.37K |
| Stockholders Equity | 3.43M | 3.84M | 2.23M | 4.91M | 8.25M | 9.01M |
Cash Flow | ||||||
| Free Cash Flow | -1.15M | -1.14M | -2.01M | -1.30M | -2.28M | -1.73M |
| Operating Cash Flow | -1.20M | -1.11M | -758.12K | -591.33K | -892.46K | -615.00K |
| Investing Cash Flow | -1.31M | -1.30M | -1.25M | -707.70K | -1.39M | -931.99K |
| Financing Cash Flow | 1.91M | 2.35M | 1.62M | 1.47M | -9.86K | 3.88M |
Perpetual Resources Technical Analysis
Neutral
0.01
Price Trends
0.01
Positive
0.01
Positive
0.01
Positive
Market Momentum
<0.01
Positive
49.87
Neutral
11.11
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:PEC, the sentiment is Neutral. The current price of 0.01 is below the 20-day moving average (MA) of 0.02, below the 50-day MA of 0.01, and below the 200-day MA of 0.01, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 49.87 is Neutral, neither overbought nor oversold. The STOCH value of 11.11 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for AU:PEC.
Perpetual Resources 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% | |
50 Neutral | AU$18.35M | -6.54 | -62.99% | ― | ― | 65.75% | |
48 Neutral | AU$9.86M | -3.00 | -20.54% | ― | -7.64% | 28.93% | |
46 Neutral | AU$9.20M | -2.89 | -7.72% | ― | ― | 82.28% | |
46 Neutral | AU$20.12M | -0.69 | -104.93% | ― | ― | -100.00% | |
46 Neutral | AU$19.35M | -19.12 | -150.09% | ― | ― | 54.90% | |
44 Neutral | AU$10.05M | -7.14 | -5.53% | ― | ― | -7.41% |
* Basic Materials Sector Average
AU:PEC
Perpetual Resources
0.02
<0.01
41.67%
AU:VR8
Vanadium Resources Ltd.
0.02
>-0.01
-25.00%
AU:CZN
Corazon Mining Limited
0.13
-0.09
-41.86%
AU:GRE
Greentech Metals Ltd.
0.06
0.02
44.19%
AU:IG6
International Graphite Limited
0.05
>-0.01
-4.00%
AU:PAT
Patriot Lithium Ltd.
0.07
0.01
26.92%
Perpetual Resources Corporate Events
Perpetual Resources Flags Major Future Share Issue in ASX Filing
Jun 17, 2026
Perpetual Resources Limited has lodged an Appendix 3B notice with the ASX detailing a proposed issue of up to 246,753,246 ordinary fully paid shares. The issuance is structured as a placement or other type of share issue, with a proposed issue dat...
Perpetual Resources Plans Issue of 55 Million Performance Rights
Jun 17, 2026
Perpetual Resources Limited has notified the ASX of a proposed issue of up to 55 million performance rights, to be listed under the code PECAQ. The new securities are intended to be quoted on the exchange, with an anticipated issue date of 7 Augus...
Perpetual Resources Plans Issue of 50 Million Options to Support Capital Needs
Jun 17, 2026
Perpetual Resources Limited has lodged details with the ASX for a proposed issue of up to 50 million options, each expiring on 31 December 2027, as part of a placement or similar capital-raising structure. The options are expected to be issued on ...
Perpetual Resources Plans Major Share and Option Issue to Bolster Capital Base
Jun 17, 2026
Perpetual Resources Limited has lodged an Appendix 3B with the ASX outlining a proposed capital raise via the issue of up to 125 million fully paid ordinary shares and 31.25 million options expiring on 31 December 2027. The new securities, to be i...
Perpetual Resources to Acquire Historic High-Grade Nevada Tungsten Mine
Jun 17, 2026
Perpetual Resources has agreed to acquire a 100% interest in the historic Nevada Scheelite Mine in Mineral County, Nevada, a former high-grade U.S. tungsten producer that yielded about 328,747 short ton units of WO3 at an average grade of 1.1% bet...
Perpetual boosts Beharra silica purity, eyes premium glass markets
May 29, 2026
Perpetual Resources has reported new metallurgical test results from the Beharra silica sand project showing a significant reduction in iron impurities, with processed sand now achieving approximately 110–120 ppm Fe₂O₃ versus pri...
Perpetual Resources Extends Pegmatite Trend at Brazilian Lithium Project
May 24, 2026
Perpetual Resources has reported that initial trenching at the Mauricio target within its Igrejinha Lithium Caesium Project in Brazil has confirmed pegmatite bodies across four trenches, with apparent thicknesses between about 2 and 11 metres. Th...
Perpetual Resources starts trenching to refine lithium and caesium targets in Brazil
Apr 30, 2026
Perpetual Resources has commenced a systematic trenching program at its Igrejinha Lithium and Caesium Project in Minas Gerais, Brazil, aiming to refine multiple LCT-type pegmatite targets ahead of a planned mid-2026 diamond drilling campaign. The ...
Perpetual Resources Expands Critical Minerals Portfolio With Brazilian Discoveries and Tungsten Move
Apr 26, 2026
Perpetual Resources reported continued exploration success at its Brazilian projects, with ongoing work at the Igrejinha Project confirming a highly fertile lithium–caesium–tantalum pegmatite system and exceptional caesium grades at Mo...
Perpetual Resources Starts Maiden Exploration at Brazilian Tungsten Project
Apr 15, 2026
Perpetual Resources has launched its maiden field exploration program at the Paraíba Tungsten Project in northeastern Brazil, marking the first on-ground work across its 8,714-hectare landholding in the Seridó Mineral Province. The campa...
Perpetual Resources Moves Into Brazil’s Premier Tungsten Province
Apr 1, 2026
Perpetual Resources has secured applications over 8,714 hectares of tungsten-prospective ground in Paraíba State, Brazil, within the Seridó Mineral Province, South America’s leading tungsten-producing district. The concessions lie ...
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.