tiprankstipranks
Trending News
More News >
Paterson Resources (AU:PSL)
ASX:PSL

Paterson Resources (PSL) AI Stock Analysis

Compare
1 Followers

Top Page

AU:PSL

Paterson Resources

(Sydney:PSL)

Select Model
Select Model
Select Model
Neutral 48 (OpenAI - 5.2)
Rating:48Neutral
Price Target:
AU$0.04
▼(-12.50% Downside)
The score is weighed down primarily by weak fundamentals (no revenue, ongoing losses, and negative free cash flow), only partially mitigated by a debt-free balance sheet and improved 2025 loss/cash-burn trends. Technicals are moderately supportive with price above key averages and positive MACD, but the overextended stochastic reading adds risk. Valuation is constrained by a negative P/E and lack of dividend yield data.
Positive Factors
Debt-Free Balance Sheet
Having no debt enhances financial stability and flexibility, allowing the company to focus on growth initiatives without the burden of interest payments.
Improved Cash Flow Trends
The narrowing of cash outflows suggests better cost management and operational efficiency, potentially leading to a more sustainable financial position.
Strategic Drilling Campaign
The drilling campaign at the Grace Project could significantly enhance resource estimates, strengthening the company's market position in the mining sector.
Negative Factors
No Revenue Generation
Lack of revenue generation indicates an unproven business model, posing a risk to long-term sustainability and profitability.
Negative Free Cash Flow
Consistently negative cash flow requires external funding, which may dilute equity and limit the company's ability to invest in growth opportunities.
Declining Equity
The decline in equity reflects ongoing losses and value erosion, which could undermine investor confidence and limit future capital raising efforts.

Paterson Resources (PSL) vs. iShares MSCI Australia ETF (EWA)

Paterson Resources Business Overview & Revenue Model

Company DescriptionPaterson Resources Ltd, a mineral resources company, focuses on the exploration and development of gold and copper projects in Australia. It holds 100% interest in the Grace project that covers an area of approximately 350 square kilometers located in the Paterson province in Western Australia; the Burraga project comprising 4 exploration licenses that covers an area of approximately 2 kilometers located in south of the village of Burraga; and the Pilbara gold project consisting of four exploration licenses located in Western Australia. The company was formerly known as Hardey Resources Limited and changed its name to Paterson Resources Ltd in December 2019. Paterson Resources Ltd was incorporated in 2005 and is based in Subiaco, Australia.
How the Company Makes MoneyPaterson Resources makes money through the exploration and development of mineral properties, primarily targeting gold and copper deposits. The company generates revenue by advancing its exploration projects to a stage where they can attract investment or be sold to larger mining companies. This process involves identifying prospective mineral deposits, conducting geological surveys, drilling, and feasibility studies to determine the viability of mining operations. Additionally, Paterson Resources may form joint ventures or partnerships with other mining companies to share the costs and risks associated with exploration while retaining a stake in potential future profits. The company may also earn revenue from the sale of its developed mineral assets or from royalties on mineral production if the properties are successfully developed into operational mines.

Paterson Resources Financial Statement Overview

Summary
Paterson Resources faces substantial financial challenges with persistent losses, no revenue generation, and negative cash flow. Despite a debt-free balance sheet, reliance on equity and external financing highlights the need for operational improvements and strategic initiatives to achieve financial stability.
Income Statement
Paterson Resources has consistently reported zero revenue over the years, indicating no sales activity. The negative net income each year signifies ongoing losses, with significant net losses in recent years. The absence of revenue growth and negative profit margins highlight persistent operational challenges.
Balance Sheet
The company maintains a strong equity position with no debt, reflecting low financial risk. However, the declining total assets and equity over time suggest potential issues with asset utilization and shareholder value erosion. The equity ratio remains high, indicating reliance on shareholder funds rather than debt.
Cash Flow
Paterson Resources shows negative operating and free cash flows, with significant cash outflows for capital expenditures. Although financing cash flow is positive due to capital raising, the inability to generate positive operating cash flow raises concerns about long-term sustainability.
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue286.58K0.000.000.000.000.00
Gross Profit286.58K0.00-6.81K-24.38K-16.25K-6.95K
EBITDA149.51K-470.65K-981.69K-5.63M-10.61M-886.57K
Net Income-166.88K-470.64K-1.67M-5.66M-10.63M-903.63K
Balance Sheet
Total Assets6.91M6.61M7.72M7.33M11.35M20.83M
Cash, Cash Equivalents and Short-Term Investments2.24M1.92M475.51K586.64K1.38M2.21M
Total Debt0.000.000.000.000.000.00
Total Liabilities27.86K40.72K687.06K213.91K240.78K338.09K
Stockholders Equity6.88M6.57M7.04M7.12M11.11M20.49M
Cash Flow
Free Cash Flow-886.62K-1.01M-1.58M-2.42M-2.03M-2.11M
Operating Cash Flow-707.16K-1.01M-685.42K-901.34K-715.94K-921.44K
Investing Cash Flow2.47M2.45M-898.25K-1.52M-1.31M-1.18M
Financing Cash Flow0.000.001.47M1.63M1.20M2.36M

Paterson Resources Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.04
Price Trends
50DMA
0.03
Positive
100DMA
0.03
Positive
200DMA
Market Momentum
MACD
<0.01
Positive
RSI
52.35
Neutral
STOCH
66.67
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:PSL, the sentiment is Positive. The current price of 0.04 is above the 20-day moving average (MA) of 0.03, above the 50-day MA of 0.03, and equal to the 200-day MA of ―, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 52.35 is Neutral, neither overbought nor oversold. The STOCH value of 66.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:PSL.

Paterson Resources 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%
49
Neutral
AU$22.29M-8.95-11.09%36.67%
48
Neutral
AU$18.10M-33.00-6.91%72.22%
44
Neutral
AU$7.23M50.00%
44
Neutral
AU$4.01M-0.55-126.15%24.09%
43
Neutral
AU$8.67M-2.19-90.56%-178.00%
43
Neutral
AU$17.42M-2.46-45.16%-563.16%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:PSL
Paterson Resources
0.03
0.02
230.00%
AU:ALB
Albion Resources Ltd.
0.06
0.02
52.50%
AU:MTL
Caeneus Minerals Limited
AU:C29
C29 Metals Limited
0.02
-0.01
-33.33%
AU:CAZ
Cazaly Resources Limited
0.03
0.02
210.00%
AU:PVT
Rafaella Resources Ltd.
0.02
<0.01
70.00%

Paterson Resources Corporate Events

Paterson Resources Director Increases Stake Through Share Placement
Jan 2, 2026

Paterson Resources has disclosed a change in director Matthew Bull’s holdings following his participation in a recent capital raising. Bull acquired 22,222,222 fully paid ordinary shares at $0.018 each and received 22,222,222 free attaching unlisted options exercisable at $0.028, increasing his stake to 44,521,331 shares and 24,699,901 such options, alongside existing options and performance rights. The transaction, part of a placement approved by shareholders in November 2025, signals strong insider support for the company’s equity raising efforts and may be viewed by investors as a vote of confidence in Paterson Resources’ strategic direction and future prospects.

The most recent analyst rating on (AU:PSL) stock is a Hold with a A$0.04 price target. To see the full list of analyst forecasts on Paterson Resources stock, see the AU:PSL Stock Forecast page.

Paterson Resources Confirms Compliance on Newly Issued ASX-Quoted Shares
Dec 28, 2025

Paterson Resources has notified the market that shares referenced in its Appendix 2A lodged on 24 December 2025 form part of an existing class of ASX-quoted securities and were issued without a disclosure document under the Corporations Act’s fundraising provisions. The company confirmed it is fully compliant with its financial reporting and continuous disclosure obligations and stated there is no excluded or undisclosed information relevant to these securities, signalling to investors that the new shares may be freely tradeable and that regulatory and transparency requirements are being met.

Paterson Resources Seeks Quotation for Additional Ordinary Shares on ASX
Dec 28, 2025

Paterson Resources Ltd has applied to the ASX for quotation of 2,155 new fully paid ordinary shares under its issuer code PSL, with an issue date of 24 December 2025. The small share issue, arising from the exercise or conversion of existing securities, marginally increases the company’s quoted capital base and reflects ongoing utilisation of equity-linked instruments by shareholders, though it is not expected to have a material impact on the company’s overall capital structure or market position.

Paterson Resources Issues 22.2 Million Unquoted Options Expiring 2028
Dec 28, 2025

Paterson Resources Ltd has notified the market of the issue of 22,222,222 unquoted options, exercisable at $0.028 and expiring on 30 October 2028. The options, which are not intended to be quoted on the ASX, arise from previously announced transactions and reflect the company’s ongoing use of equity-based instruments to support funding, incentivisation or strategic agreements, with potential future dilution for existing shareholders if exercised.

Paterson Resources Seeks ASX Quotation for 22.2 Million New Shares
Dec 28, 2025

Paterson Resources Ltd has applied to the ASX for quotation of 22,222,222 new fully paid ordinary shares, to trade under its existing code PSL from 24 December 2025. The issuance, tied to previously announced transactions, modestly expands the company’s quoted share capital and may provide additional funding flexibility, with potential dilution for existing shareholders depending on the terms of the prior deal.

Paterson Resources Completes Phase I Drilling at Grace Project
Dec 16, 2025

Paterson Resources has successfully completed Phase I of its 8,500-meter drilling campaign at the Grace Gold-Copper Project, achieving 18 drill-holes totaling approximately 2,600 meters. The campaign aims to extend known mineralization, infill resource drilling, and explore potential extensions of a high-grade gold lode. The company plans to deliver a JORC compliant Indicated Mineral Resource Estimate in the first half of 2026, which will contribute to a Scoping Study. The results of the drilling are expected to create significant value for shareholders and enhance Paterson’s position in the industry.

Paterson Resources Aligns Director Incentives with Performance Milestones
Dec 2, 2025

Paterson Resources Ltd has announced a change in the interests of its director, Matthew Bull, with the acquisition of 10,000,000 Performance Rights. These rights are subject to milestone achievements and were approved by shareholders at the recent AGM. This change reflects a strategic move by the company to align director incentives with company performance, potentially impacting the company’s operational focus and stakeholder interests.

Paterson Resources Issues 10 Million Performance Rights
Dec 2, 2025

Paterson Resources Ltd announced the issuance of 10,000,000 performance rights subject to milestones, marking a significant move in its strategic operations. This issuance of unquoted equity securities is expected to impact the company’s operational capabilities and potentially enhance its market positioning.

Paterson Resources Issues Unquoted Securities
Dec 2, 2025

Paterson Resources Ltd has announced the issuance of 58,035,714 unquoted securities, specifically options expiring on November 24, 2026, with an exercise price of $0.05. This issuance is part of a transaction previously announced and is not intended to be quoted on the ASX, reflecting the company’s strategic financial maneuvers to potentially strengthen its capital structure.

Paterson Resources AGM Results Highlight Shareholder Decisions
Nov 28, 2025

Paterson Resources Limited has announced the results of its Annual General Meeting held on November 28, 2025. The meeting included several resolutions, most of which were carried, reflecting a strong shareholder support for the company’s strategic decisions. However, two resolutions regarding the issuance of Director Performance Rights were not carried, indicating some shareholder dissent. This outcome may impact the company’s governance and future strategic initiatives.

Paterson Resources Launches Extensive Drilling Campaign at Grace Gold Project
Nov 26, 2025

Paterson Resources Limited has commenced an 8,500-meter Reverse Circulation drilling campaign at its flagship Grace Gold Project in the Paterson Province. The campaign aims to extend known mineralization and potentially upgrade the current JORC compliant Inferred Mineral Resource Estimate to an Indicated level, which could enhance shareholder value and contribute to ongoing scoping studies.

Paterson Resources Advances Grace Project with New Funding and Drilling Plans
Oct 31, 2025

Paterson Resources has successfully raised $1.7 million through a placement and rights issue, enabling the company to fund an extensive 8,500-meter drilling program at its Grace Gold-Copper Project. The upcoming drilling aims to define a JORC-compliant resource and upgrade the mineral resource estimate to the Indicated category. The company is also conducting environmental studies and progressing with a mining lease application, which could enhance its operational capabilities and industry positioning.

Paterson Resources Director Increases Stake Through Rights Issue
Oct 30, 2025

Paterson Resources Ltd has announced a change in the director’s interest, with Director Matthew Bull acquiring 2,477,679 fully paid ordinary shares and an equal number of unlisted options. This acquisition was part of a rights issue, as outlined in the company’s prospectus, and reflects an increase in Bull’s stake in the company, potentially signaling confidence in the company’s future prospects and stability.

Paterson Resources Issues Unquoted Securities
Oct 30, 2025

Paterson Resources Ltd has announced the issuance of 41,781,761 unquoted securities, which are options set to expire on October 30, 2028. This move is part of a previously announced transaction, and these securities will not be quoted on the ASX, potentially impacting the company’s financial strategy and stakeholder interests.

Paterson Resources Issues Unquoted Securities
Oct 30, 2025

Paterson Resources Ltd has announced the issuance of 28,333,334 unquoted securities, set to expire on October 30, 2028. This issuance is part of previously announced transactions and is not intended to be quoted on the ASX, indicating a strategic move to manage its equity structure and potentially impact its financial operations and stakeholder interests.

Paterson Resources Ltd Announces Quotation of New Securities
Oct 30, 2025

Paterson Resources Ltd has announced the application for the quotation of 41,781,761 ordinary fully paid securities on the ASX, marking a significant step in its financial strategy. This move is expected to impact the company’s operations by potentially increasing its market liquidity and investor base, thereby strengthening its position in the mining industry.

Paterson Resources Closes Entitlement Offer with Shortfall
Oct 28, 2025

Paterson Resources Limited has announced the closure of its entitlement offer, which was a pro-rata, fully-underwritten non-renounceable issue of new shares and options. The offer aimed to raise $1.09 million but received applications totaling $752,071.70, resulting in a shortfall of approximately 18.77 million shares and options. The allotment of new shares and options is scheduled for 30 October 2025, with trading on the ASX expected to commence shortly thereafter.

Paterson Resources Announces 2025 Annual General Meeting Details
Oct 24, 2025

Paterson Resources Limited has announced its Annual General Meeting (AGM) for shareholders, scheduled for November 28, 2025, in Subiaco, Western Australia. The company will provide meeting materials electronically, encouraging shareholders to submit proxy voting instructions by November 26, 2025, to ensure their participation in the meeting.

Paterson Resources Schedules 2025 AGM
Oct 24, 2025

Paterson Resources Limited has announced its Annual General Meeting (AGM) scheduled for November 28, 2025, at their Subiaco, WA location. Shareholders are encouraged to attend or vote via proxy, with eligibility determined by registration on November 26, 2025. The meeting will cover the company’s Annual Report and a non-binding resolution on the Remuneration Report, which is advisory and not binding on the directors or the company.

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: Dec 30, 2025