Top Page
S2 Resources
(Sydney:S2R)
S2 Resources (S2R) vs. iShares MSCI Australia ETF (EWA)
S2 Resources Business Overview & Revenue Model
S2 Resources Financial Statement Overview
| Breakdown | TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 151.18K | 469.04K | 129.55K | 166.91K | 56.31K | 0.00 |
| Gross Profit | 94.91K | 469.04K | -18.18K | 27.88K | -95.53K | -141.00K |
| EBITDA | -7.16M | -7.47M | -6.16M | -7.21M | -7.62M | -6.48M |
| Net Income | -2.08M | -8.19M | -6.76M | -7.37M | -7.23M | -7.48M |
Balance Sheet | ||||||
| Total Assets | 11.90M | 8.99M | 9.69M | 10.51M | 16.66M | 9.98M |
| Cash, Cash Equivalents and Short-Term Investments | 3.53M | 5.80M | 6.86M | 7.83M | 13.89M | 6.74M |
| Total Debt | 71.23K | 90.22K | 159.81K | 140.80K | 176.92K | 263.97K |
| Total Liabilities | 680.49K | 898.06K | 804.74K | 572.35K | 1.03M | 604.90K |
| Stockholders Equity | 11.22M | 8.09M | 8.88M | 9.94M | 15.64M | 9.38M |
Cash Flow | ||||||
| Free Cash Flow | -6.50M | -7.08M | -6.01M | -6.58M | -5.93M | -5.72M |
| Operating Cash Flow | -6.60M | -6.96M | -5.94M | -6.54M | -5.83M | -5.69M |
| Investing Cash Flow | 1.19M | 70.80K | 329.56K | 109.68K | -105.98K | 400.28K |
| Financing Cash Flow | -125.29K | 6.45M | 5.91M | 4.56M | 7.14M | -20.28K |
S2 Resources Technical Analysis
S2 Resources Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
46 Neutral | AU$44.49M | ― | -2.83% | ― | ― | -6.51% | |
45 Neutral | AU$30.37M | ― | -91.81% | ― | ― | 15.00% | |
44 Neutral | AU$35.00M | ― | -66.84% | ― | ― | 74.01% | |
43 Neutral | AU$1.41B | -6.14 | -40.62% | 3.98% | -4.78% | -42.91% | |
39 Underperform | AU$41.44M | ― | -16.58% | ― | ― | -131.72% | |
34 Underperform | AU$51.54M | ― | -10.99% | ― | ― | 33.33% | |
32 Underperform | AU$38.30M | ― | -18.38% | ― | ― | 10.42% |
S2 Resources Corporate Events
S2 Resources Ltd has announced the issuance of 3,800,000 unquoted options set to expire on July 1, 2029, with an exercise price of $0.097. This issuance is part of a previously announced transaction and is not intended to be quoted on the ASX, potentially impacting the company’s financial strategy and stakeholder interests.
The most recent analyst rating on (AU:S2R) stock is a Hold with a A$0.10 price target. To see the full list of analyst forecasts on S2 Resources stock, see the AU:S2R Stock Forecast page.
S2 Resources Ltd has announced a Share Purchase Plan (SPP) offering eligible shareholders the opportunity to purchase up to A$30,000 of new shares at $0.072 each, with an additional unlisted option attached. This initiative aims to raise capital, potentially enhancing the company’s financial position and providing shareholders with a chance to increase their investment. The company reserves the right to scale back applications if demand exceeds A$0.5 million, ensuring compliance with regulatory requirements.
The most recent analyst rating on (AU:S2R) stock is a Hold with a A$0.10 price target. To see the full list of analyst forecasts on S2 Resources stock, see the AU:S2R Stock Forecast page.
S2 Resources Limited has announced a Share Purchase Plan (SPP) Offer, allowing eligible shareholders to purchase additional shares at a discounted rate without incurring brokerage or transaction costs. This initiative is designed to provide shareholders with a cost-effective opportunity to increase their investment in the company, potentially enhancing their stake and aligning with the company’s strategic financial goals.
The most recent analyst rating on (AU:S2R) stock is a Hold with a A$0.10 price target. To see the full list of analyst forecasts on S2 Resources stock, see the AU:S2R Stock Forecast page.
S2 Resources Limited has successfully completed the first tranche of its share placement, issuing over 40 million shares at $0.072 each to raise approximately $2.89 million. This move, aimed at strengthening its financial position, was executed under the company’s existing placement capacity and is part of a larger placement plan, with the second tranche pending shareholder approval in August 2025.
The most recent analyst rating on (AU:S2R) stock is a Hold with a A$0.10 price target. To see the full list of analyst forecasts on S2 Resources stock, see the AU:S2R Stock Forecast page.
S2 Resources Ltd has announced a new offer of securities under a securities purchase plan, proposing to issue a total of 10,416,666 securities, including options and ordinary fully paid shares. This move is part of the company’s strategic efforts to raise capital, potentially enhancing its financial position and enabling further exploration and development activities, which may impact its market standing and stakeholder interests.
The most recent analyst rating on (AU:S2R) stock is a Hold with a A$0.10 price target. To see the full list of analyst forecasts on S2 Resources stock, see the AU:S2R Stock Forecast page.
S2 Resources Ltd has announced a proposed issue of securities, consisting of 20,833,333 options expiring on July 7, 2027, and 41,666,667 fully paid ordinary shares. This move is part of a placement or other type of issue, with the proposed issue date set for August 28, 2025. The announcement indicates a strategic effort to raise capital, potentially impacting the company’s operational capabilities and market positioning.
The most recent analyst rating on (AU:S2R) stock is a Hold with a A$0.10 price target. To see the full list of analyst forecasts on S2 Resources stock, see the AU:S2R Stock Forecast page.
S2 Resources Ltd has successfully raised A$3 million through a placement to institutional and sophisticated investors, with an additional A$0.5 million available through a Share Purchase Plan for existing retail shareholders. This capital raising is intended to support ongoing exploration activities at the company’s Australian projects and to explore new opportunities, reflecting a strategic move to strengthen its exploration momentum while balancing investor interests.
The most recent analyst rating on (AU:S2R) stock is a Hold with a A$0.10 price target. To see the full list of analyst forecasts on S2 Resources stock, see the AU:S2R Stock Forecast page.
S2 Resources Limited has requested a trading halt on its securities pending an announcement regarding a capital raising. The halt will remain in effect until the company releases the announcement or normal trading resumes on 10 June 2025. This strategic move indicates a potential shift in the company’s financial strategy, which could impact its market position and stakeholder interests.
The most recent analyst rating on (AU:S2R) stock is a Hold with a A$0.10 price target. To see the full list of analyst forecasts on S2 Resources stock, see the AU:S2R Stock Forecast page.
S2 Resources Ltd announced a proposed issue of 3,800,000 options expiring on July 1, 2029, as part of a placement or other type of issue. This move is aimed at enhancing the company’s financial flexibility and supporting its ongoing exploration activities, potentially strengthening its position in the mining sector.
The most recent analyst rating on (AU:S2R) stock is a Hold with a A$0.10 price target. To see the full list of analyst forecasts on S2 Resources stock, see the AU:S2R Stock Forecast page.
S2 Resources Ltd announced a proposed issue of securities, specifically 8,000,000 options expiring on July 1, 2029. This strategic move is aimed at raising capital to support the company’s ongoing exploration activities and strengthen its financial position, potentially enhancing its market competitiveness and providing value to stakeholders.
The most recent analyst rating on (AU:S2R) stock is a Hold with a A$0.10 price target. To see the full list of analyst forecasts on S2 Resources stock, see the AU:S2R Stock Forecast page.
S2 Resources Ltd has received assay results from its reconnaissance aircore drilling at the Yeungroon project in Victoria, revealing a consistent gold-arsenic anomalous trend. The company is also facing delays in its Glenlogan project due to access issues, with drilling rescheduled for June. Assay results from the Fosterville project are expected in July. These developments highlight S2’s ongoing efforts to expand its exploration activities and potentially enhance its resource base, which could strengthen its position in the mineral exploration industry.
The most recent analyst rating on (AU:S2R) stock is a Hold with a A$0.10 price target. To see the full list of analyst forecasts on S2 Resources stock, see the AU:S2R Stock Forecast page.
S2 Resources has released its March 2025 quarterly activities report, highlighting key developments across its exploration projects. At the Greater Fosterville Project in Victoria, the company identified three geophysical anomalies through induced polarisation surveys, with aircore drilling completed over two of these anomalies. In Finland, through its shareholding in Valkea Resources, S2 reported promising gold intersections from its diamond drill program. The company maintains a cash balance of A$2.2 million and plans to spend approximately A$1 million in the next quarter. These activities underscore S2’s strategic focus on expanding its exploration footprint and enhancing its asset portfolio, which could potentially impact its market positioning and stakeholder interests.