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Prospect Resources Ltd.
(Sydney:PSC)
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Rating:47Neutral
Price Target:
AU$0.28
▼(-21.94% Downside)
Action:Reiterated
Date:04/17/26
The score is held down primarily by weak financial performance (no recent revenue, ongoing operating losses, and continued cash burn) and a negative P/E that reflects unprofitable operations. Technicals are comparatively better, with the price trading above key moving averages, but momentum is only moderate and not enough to offset the fundamental weaknesses.
Positive Factors
Low leverage / strong balance sheet
Minimal debt and extremely low leverage materially reduce refinancing and solvency risk, giving the company strategic optionality to pursue development, joint ventures, or asset sales. This balance-sheet cushion supports execution over the next several quarters despite operational losses.
Negative Factors
Persistent operating losses
Continued negative EBIT and EBITDA indicate the company lacks operating profitability and internal cash generation. Over 2–6 months this limits reinvestment capacity, weakens negotiating leverage with partners, and raises the probability of further dilution or asset disposals to fund operations.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage / strong balance sheet
Minimal debt and extremely low leverage materially reduce refinancing and solvency risk, giving the company strategic optionality to pursue development, joint ventures, or asset sales. This balance-sheet cushion supports execution over the next several quarters despite operational losses.
Read all positive factors
Prospect Resources Ltd. (PSC) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$237.33M
Dividend YieldN/A
Average Volume (3M)458.36K
Price to Earnings (P/E)―
Beta (1Y)1.29
Revenue GrowthN/A
EPS Growth7.69%
CountryAU
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)-0.01
Shares Outstanding832,737,600
10 Day Avg. Volume589,073
30 Day Avg. Volume458,361
Financial Highlights & Ratios
PEG Ratio2.01
Price to Book (P/B)2.13
Price to Sales (P/S)0.00
P/FCF Ratio-14.62
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$0.60Price Target Upside66.67% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)-0.01
Revenue Forecast (FY)N/A
Prospect Resources Ltd. Business Overview & Revenue Model
Company Description
Prospect Resources Limited focuses on the discovery, assessment, and advancement of mineral resources, primarily lithium deposits, across Zimbabwe. A key asset is its Arcadia lithium project, a granted mining lease covering approximately 10 square...
How the Company Makes Money
null...
Prospect Resources Ltd. Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
72
Positive
Cash Flow
24
Negative
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 417.00K |
| Gross Profit | -123.00K | -155.00K | -133.00K | -106.00K | -56.00K | 390.00K |
| EBITDA | -6.84M | -7.31M | -6.71M | -5.08M | -17.82M | -2.54M |
| Net Income | -9.56M | -8.11M | -7.01M | -5.48M | 397.57M | -2.22M |
Balance Sheet | ||||||
| Total Assets | 42.56M | 48.43M | 27.31M | 29.77M | 475.59M | 35.26M |
| Cash, Cash Equivalents and Short-Term Investments | 10.26M | 21.06M | 8.36M | 26.19M | 474.29M | 7.88M |
| Total Debt | 72.00K | 100.00K | 41.00K | 98.00K | 36.00K | 76.00K |
| Total Liabilities | 1.38M | 2.30M | 1.05M | 708.00K | 1.33M | 1.30M |
| Stockholders Equity | 41.20M | 46.15M | 26.27M | 29.07M | 475.16M | 35.34M |
Cash Flow | ||||||
| Free Cash Flow | -7.02M | -6.74M | -9.32M | -6.35M | -10.05M | -6.14M |
| Operating Cash Flow | -6.03M | -6.10M | -6.42M | -4.76M | -5.24M | -2.51M |
| Investing Cash Flow | -10.03M | -7.70M | -11.41M | -3.07M | 451.91M | -2.98M |
| Financing Cash Flow | 17.97M | 26.33M | -63.00K | -440.43M | 19.72M | 11.68M |
Prospect Resources Ltd. Technical Analysis
Negative
0.36
Price Trends
0.30
Negative
0.32
Negative
0.29
Negative
Market Momentum
>-0.01
Negative
45.05
Neutral
38.10
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:PSC, the sentiment is Negative. The current price of 0.36 is above the 20-day moving average (MA) of 0.29, above the 50-day MA of 0.30, and above the 200-day MA of 0.29, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 45.05 is Neutral, neither overbought nor oversold. The STOCH value of 38.10 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:PSC.
Prospect Resources 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% | |
58 Neutral | AU$308.30M | 18.77 | 17.97% | 2.13% | ― | -89.84% | |
48 Neutral | AU$28.85M | -50.00 | -11.53% | ― | ― | 37.50% | |
47 Neutral | AU$237.33M | -19.79 | -21.89% | ― | ― | 7.69% | |
45 Neutral | AU$168.15M | 43.70 | 0.63% | 1.54% | -0.53% | -77.84% | |
42 Neutral | AU$56.34M | -5.06 | -7.41% | ― | 5472.73% | 40.17% | |
41 Neutral | AU$81.45M | -12.55 | -9.03% | ― | -78.48% | 52.16% |
* Basic Materials Sector Average
AU:PSC
Prospect Resources Ltd.
0.29
0.09
50.00%
AU:AVL
Australian Vanadium
0.15
-0.10
-40.00%
AU:RHI
Red Hill Iron Limited
4.80
1.65
52.19%
AU:OMH
OM Holdings Ltd.
0.22
-0.09
-28.57%
AU:E25
Element 25 Limited
0.25
0.02
6.38%
AU:VRC
Volt Resources Ltd
0.01
0.00
0.00%
Prospect Resources Ltd. Corporate Events
Prospect Resources Seeks ASX Quotation for Additional Shares
Jul 10, 2026
Prospect Resources Ltd. has applied for quotation on the ASX of 827,486 additional ordinary fully paid shares issued on 15 April 2026 and 16 June 2026. The new securities arise from the exercise of options or conversion of other securities, modest...
Prospect Resources Advances Phase 3 Drilling at Zambia’s Mumbezhi Copper Project
Jul 6, 2026
Prospect Resources reported steady progress on its Phase 3 exploration campaign at the Mumbezhi Copper Project in Zambia, with about 20% of the 16,000m diamond drilling and 35% of the aircore program completed. Work is concentrated on extending re...
Prospect Resources Reports Strong Metallurgical Results at Zambian Copper Project
Jun 24, 2026
Prospect Resources Ltd is an ASX-listed copper-focused explorer and developer with a 90% interest in the Mumbezhi Copper Project in northwest Zambia. The company is progressing metallurgical testwork and exploration across deposits such as Kabikup...
Prospect Resources Reasserts Pure-Play Copper Strategy and Growth Outlook
Jun 22, 2026
Prospect Resources Ltd. used its latest presentation to outline a “pure-play copper opportunity”, emphasising a clear development pathway for its projects alongside significant scale and expansion upside. The company highlighted that i...
Prospect Resources Completes Conditional Share Placement Tranche to Eagle Eye Asset Holdings
May 21, 2026
Prospect Resources has issued 17,888,561 fully paid ordinary shares to Eagle Eye Asset Holdings Pte Ltd, completing the conditional tranche of a placement first announced in February and later approved by shareholders in April. The new shares were...
Prospect Resources Seeks ASX Quotation for 17.9 Million New Shares
May 21, 2026
Prospect Resources Ltd. has applied to the ASX for quotation of 17,888,561 new ordinary fully paid shares under its Appendix 2A filing. The securities, issued on 21 May 2026 and linked to a previously announced Appendix 3B transaction, will expand...
Prospect Resources Starts Phase 3 Drilling at Zambian Mumbezhi Copper Project
May 12, 2026
Prospect Resources has launched a Phase 3 drilling campaign at its 90%-owned Mumbezhi Copper Project in Zambia, targeting about 26,000 metres across diamond, reverse circulation and aircore holes. The programme aims to extend and upgrade existing ...
Prospect Resources Boosts Nyungu Central Economics With New Gold Assays
Apr 28, 2026
Prospect Resources has reported further encouraging gold results from re-assaying 50 drill holes at the Nyungu Central deposit within its Mumbezhi Copper Project in Zambia. The assays confirm widespread gold mineralisation associated with copper, ...
Prospect Resources Wins Strong Shareholder Backing for Capital Raising at EGM
Apr 28, 2026
Prospect Resources shareholders have approved all resolutions put to an extraordinary general meeting held on 28 April 2026, with each item passed by poll. The key decision was backing the issue of new shares to Eagle Eye Asset Holdings under a pr...
Prospect Resources boosts Mumbezhi copper resource and ramps up Zambia drilling
Apr 22, 2026
Prospect Resources has significantly expanded the Mumbezhi Copper Project’s mineral resource, reporting a 63% increase in tonnage and a 50% rise in contained copper, with over 41% now in the Indicated category. The updated resource, now comp...
Prospect Resources Confirms Widespread Gold at Nyungu Central, Lifts By-Product Upside at Mumbezhi
Apr 13, 2026
Prospect Resources has reported further gold assay results from the Nyungu Central deposit at its Mumbezhi Copper Project in Zambia, confirming significant and more widespread gold mineralisation associated with existing copper zones, including in...
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.