Top Page
Prospect Resources Ltd.
(Sydney:PSC)
Prospect Resources Ltd. (PSC) vs. iShares MSCI Australia ETF (EWA)
Prospect Resources Ltd. Business Overview & Revenue Model
Prospect Resources Ltd. Financial Statement Overview
| 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
Prospect Resources Ltd. Peers Comparison
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% | |
57 Neutral | AU$396.56M | -15.69 | -5.18% | ― | ― | 47.15% | |
47 Neutral | AU$356.07M | -13.41 | -22.74% | ― | ― | -43.08% | |
45 Neutral | AU$236.07M | -8.28 | -20.47% | ― | ― | 7.28% | |
45 Neutral | AU$59.64M | -2.12 | -18.67% | ― | ― | 53.31% | |
45 Neutral | AU$110.82M | -4.63 | 18.38% | ― | 64.66% | ― | |
43 Neutral | AU$42.00M | -11.22 | -0.02% | ― | ― | -12.34% |
Prospect Resources Ltd. Corporate Events
Prospect Resources has issued 1.5 million new shares from option exercises, 375,000 shares from performance rights and 287,362 shares in lieu of consultant fees, expanding its fully paid ordinary share count to 814,021,580. The company confirmed the new securities were issued without a prospectus under the Corporations Act, stated it is compliant with its continuous disclosure and reporting obligations, and disclosed the updated register of options and rights, signalling transparent capital management to investors.
The updated capital structure shows multiple series of options and rights outstanding with varying exercise prices and maturities. This mix of equity instruments may lead to further dilution over time but also aligns stakeholder incentives and provides flexibility in how Prospect Resources funds operations and remunerates key personnel and service providers.
The most recent analyst rating on (AU:PSC) stock is a Hold with a A$0.36 price target. To see the full list of analyst forecasts on Prospect Resources Ltd. stock, see the AU:PSC Stock Forecast page.
Prospect Resources Ltd. has applied for quotation on the ASX of 1,875,000 new fully paid ordinary shares under code PSC. The securities are being quoted following the exercise or conversion of existing options or other convertible instruments, modestly expanding the company’s listed share capital and potentially affecting existing shareholder dilution and trading liquidity.
The application, lodged as an Appendix 2A with the ASX on March 16, 2026, formalizes the admission of these securities to official quotation from the same date. While the announcement is largely administrative, it signals completion of a conversion process that may reflect prior capital-raising incentives and aligns the company’s capital structure with exercised investor rights.
The most recent analyst rating on (AU:PSC) stock is a Hold with a A$0.36 price target. To see the full list of analyst forecasts on Prospect Resources Ltd. stock, see the AU:PSC Stock Forecast page.
Prospect Resources Limited has applied for quotation on the ASX of 287,362 ordinary fully paid shares, issued on 16 March 2026. The new shares were issued to a consultant in lieu of cash fees, slightly diluting existing equity while preserving the company’s cash resources and signaling continued reliance on equity-based compensation in its operations.
The move underscores the company’s use of its listed equity as a funding and remuneration tool, which can support short-term liquidity but incrementally increases the share base. For investors, the modest share issuance represents a minor change in capital structure, with limited direct operational impact but ongoing implications for ownership dispersion and potential future capital management.
The most recent analyst rating on (AU:PSC) stock is a Hold with a A$0.36 price target. To see the full list of analyst forecasts on Prospect Resources Ltd. stock, see the AU:PSC Stock Forecast page.
Prospect Resources Limited has released its interim financial report for the half-year ended 31 December 2025, providing shareholders with an update on its corporate status and statutory disclosures. The document mainly outlines the company’s governance structure, including its board of directors, company secretaries, auditors, legal representatives, and share registry arrangements, rather than detailing financial performance or strategic developments.
The most recent analyst rating on (AU:PSC) stock is a Hold with a A$0.35 price target. To see the full list of analyst forecasts on Prospect Resources Ltd. stock, see the AU:PSC Stock Forecast page.
Prospect Resources will increase its stake in the Mumbezhi Copper Project in north-western Zambia to 90% by acquiring an additional 5% interest from Global Development Cooperation Consulting Zambia for US$4.25 million in cash, subject to regulatory and shareholder approvals. Completion is expected in April 2026, after which the company plans to launch an aggressive Phase 3 drilling and exploration program of about 50,000 metres in 2026-27, underpinned by a recent A$45 million equity raising and aimed at advancing resource and regional exploration potential at Mumbezhi.
Field exploration has already restarted at the project, with drilling scheduled to begin in early Q2 2026 as the wet season ends, reinforcing Prospect’s strategic commitment to the “world-class” copper asset. The move consolidates the company’s position in a key Zambian copper district, potentially enhancing its long-term resource base and growth prospects while signalling increased confidence in the project’s geological upside for shareholders and partners.
The most recent analyst rating on (AU:PSC) stock is a Buy with a A$0.60 price target. To see the full list of analyst forecasts on Prospect Resources Ltd. stock, see the AU:PSC Stock Forecast page.
Prospect Resources has expanded its share capital by issuing 6,250,000 fully paid ordinary shares following the exercise of options on 18 February 2026. It has also issued a further 100,532,492 fully paid ordinary shares as the unconditional tranche of a placement previously announced to the market.
The company confirmed that these new shares were issued without a prospectus under the Corporations Act disclosure exemptions and stated it remains compliant with its financial reporting and continuous disclosure obligations. Prospect also noted there is no excluded information relevant to the new share issues, providing assurance to investors about regulatory compliance around the capital raising.
The most recent analyst rating on (AU:PSC) stock is a Buy with a A$0.60 price target. To see the full list of analyst forecasts on Prospect Resources Ltd. stock, see the AU:PSC Stock Forecast page.
Prospect Resources has applied to the ASX for quotation of 100,532,492 new ordinary fully paid shares, expanding its listed capital base. The securities, issued on 23 February 2026 and referenced as part of previously announced transactions, mark a sizable increase in the company’s quoted equity, potentially broadening liquidity and access for existing and new shareholders.
The application under Appendix 2A formalises the admission of these shares to trading under the existing PSC ticker. While financial terms are not detailed in the filing, the scale of the issuance suggests a significant capital or transaction-related move that could influence the company’s funding capacity and market presence once the securities commence quotation.
The most recent analyst rating on (AU:PSC) stock is a Buy with a A$0.60 price target. To see the full list of analyst forecasts on Prospect Resources Ltd. stock, see the AU:PSC Stock Forecast page.
Prospect Resources has reported an updated mineral resource estimate for its Mumbezhi Copper Project in Zambia, lifting total resources to 173.8 million tonnes at 0.44% copper and 0.50% copper equivalent. The new estimate represents a 63% increase in tonnage and a 50% rise in contained copper to about 772,000 tonnes compared with the prior March 2025 resource.
Management highlighted that copper grades at Mumbezhi are now comparable to those at tier-one operating mines in the Zambian Copperbelt, underscoring the project’s growth credentials. The first-time inclusion of maiden gold and cobalt resources at Nyungu Central unlocks potential by-product revenue, while 41% of the resource now sits in the higher-confidence Indicated category.
Prospect plans further upside through a maiden resource for the West Mwombezhi prospect and an updated global exploration target expected in the first half of 2026. A Phase 3 drilling and regional exploration campaign is set to commence in the second quarter, focusing on Nyungu Central and new targets at Chipimpa and Sharamba, reinforcing a busy growth pipeline for the project.
The most recent analyst rating on (AU:PSC) stock is a Hold with a A$0.47 price target. To see the full list of analyst forecasts on Prospect Resources Ltd. stock, see the AU:PSC Stock Forecast page.
Prospect Resources has completed its Phase 2 drilling program at the Mumbezhi Copper Project in Zambia, with nearly 15,000m of diamond drilling and over 3,500m of aircore drilling extending the mineralised footprint at the Nyungu Central deposit to more than 1.5km and confirming significant extensions at the Kabikupa deposit. The results, which include numerous notable copper intercepts and confirmation of widespread by-product gold mineralisation at Nyungu Central, are expected to underpin updated Mineral Resource estimates for Nyungu Central and Kabikupa in the first quarter of 2026. In parallel, regional airborne electromagnetic surveying has identified 11 strong conductors, including the 2.5km-long Chipimpa target that mirrors the geophysical signature of Nyungu Central, highlighting broader district-scale potential. On the corporate front, the company strengthened its board with the appointment of geologist Dr Doug Jones, completed the US$2.2 million sale of its Step Aside Lithium Project in Zimbabwe, and ended the quarter with approximately A$10.4 million in cash and no debt, positioning it to accelerate exploration and development at Mumbezhi and potentially enhance its standing as an emerging multi-commodity copper-gold player in Zambia.
The most recent analyst rating on (AU:PSC) stock is a Hold with a A$0.43 price target. To see the full list of analyst forecasts on Prospect Resources Ltd. stock, see the AU:PSC Stock Forecast page.
Prospect Resources has disclosed a change in the interests of managing director Samuel Hosack, following the issue of additional incentive securities approved by shareholders at the company’s 2025 annual general meeting. On 16 December 2025, Hosack, via his associated entities, was granted 1,202,000 unlisted options expiring in August 2029 with a zero exercise price and 1,201,384 performance rights expiring in July 2028, with no cash consideration payable. The new short-term and long-term incentive awards increase his holdings in options and performance rights while leaving his existing shareholdings unchanged, further aligning his remuneration with shareholder outcomes and long-term company performance.
The most recent analyst rating on (AU:PSC) stock is a Buy with a A$0.45 price target. To see the full list of analyst forecasts on Prospect Resources Ltd. stock, see the AU:PSC Stock Forecast page.
Prospect Resources Limited has notified the market of the issue of several tranches of unquoted equity securities under its employee incentive schemes, including 2,159,063 performance rights, 2,160,000 options expiring in August 2029, and 2,052,633 service rights, all dated 16 December 2025. The allocation of these unquoted securities, which are not intended to be listed on the ASX, reflects the company’s continued use of equity-based remuneration to incentivise and retain staff, aligning employee interests with shareholders while modestly expanding the company’s potential equity base.
The most recent analyst rating on (AU:PSC) stock is a Buy with a A$0.45 price target. To see the full list of analyst forecasts on Prospect Resources Ltd. stock, see the AU:PSC Stock Forecast page.