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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 | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 201.68K | 201.68K | 469.04K | 129.55K | 166.91K | 56.31K |
| Gross Profit | 201.68K | 201.68K | 469.04K | -18.18K | 27.88K | -95.53K |
| EBITDA | -6.14M | -6.14M | -7.47M | -6.06M | -7.21M | -7.62M |
| Net Income | -2.59M | -2.59M | -8.19M | -6.76M | -7.37M | -7.23M |
Balance Sheet | ||||||
| Total Assets | 10.07M | 10.07M | 8.99M | 9.69M | 10.51M | 16.66M |
| Cash, Cash Equivalents and Short-Term Investments | 3.83M | 3.83M | 5.80M | 6.86M | 7.83M | 13.89M |
| Total Debt | 56.92K | 56.92K | 90.22K | 159.81K | 121.39K | 176.92K |
| Total Liabilities | 948.84K | 948.84K | 898.06K | 804.74K | 572.35K | 1.03M |
| Stockholders Equity | 9.12M | 9.12M | 8.09M | 8.88M | 9.94M | 15.64M |
Cash Flow | ||||||
| Free Cash Flow | -5.17M | -5.17M | -7.08M | -6.01M | -6.58M | -5.93M |
| Operating Cash Flow | -5.17M | -5.17M | -6.96M | -5.94M | -6.54M | -5.83M |
| Investing Cash Flow | 851.04K | 851.04K | 70.80K | 329.56K | 109.68K | -105.98K |
| Financing Cash Flow | 2.77M | 2.77M | 6.45M | 5.91M | 4.56M | 7.14M |
S2 Resources Technical Analysis
S2 Resources Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| ― | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
| ― | AU$123.01M | ― | -2.30% | ― | ― | 12.50% | |
| ― | AU$43.60M | ― | -100.11% | ― | ― | -26.67% | |
| ― | AU$44.13M | ― | -102.03% | ― | ― | 69.84% | |
| ― | AU$41.44M | ― | -13.86% | ― | ― | -12.34% | |
| ― | AU$51.55M | -13.85 | -18.16% | ― | ― | -18.18% | |
| ― | AU$44.04M | ― | -15.13% | ― | ― | 23.60% |
S2 Resources Corporate Events
S2 Resources Limited has announced its Annual General Meeting (AGM) scheduled for November 28, 2025, at the offices of Consilium Corporate in Perth, Western Australia. The company will not be sending physical copies of the meeting notice, encouraging shareholders to access it online. Shareholders are urged to participate in the voting process by submitting proxy forms if they cannot attend in person, with a deadline for submission set for November 26, 2025. This approach reflects a shift towards digital communication and emphasizes the importance of shareholder engagement in corporate governance.
S2 Resources Ltd has announced its Annual General Meeting, scheduled for November 28, 2025, in Perth, Australia. The meeting will address several key resolutions, including the adoption of the remuneration report, the re-election of Director Mark Bennett, the approval of an employee share option plan, and a mandate to issue equity securities. These resolutions are crucial for the company’s governance and strategic direction, potentially impacting shareholder value and the company’s ability to attract and retain talent.
S2 Resources has released its September 2025 quarterly activities report, highlighting key developments across its exploration projects and corporate activities. The company has initiated reconnaissance drilling at Warraweena and expanded its gravity survey, while additional ground has been pegged at both Warraweena and Jillewarra. Despite receiving assay results from Glenlogan and West Murchison, no significant mineral anomalies were found. On the corporate front, S2 Resources completed a tranche 2 private placement and a share purchase plan, raising a total of A$0.61 million. The company ended the quarter with a cash balance of A$3.1 million and holds a significant investment in Valkea Resources valued at A$5.5 million. Planned cash outflows for the next quarter are forecasted to be approximately A$1.6 million.
S2 Resources Limited has announced that its Annual General Meeting (AGM) will be held on November 28, 2025, with the deadline for director nominations set for October 17, 2025. This announcement is significant for stakeholders as it outlines the timeline for governance activities, potentially impacting the company’s strategic direction and leadership structure.
S2 Resources Ltd has commenced its initial drilling program at the Warraweena project in northern New South Wales, targeting six selected gold and base metal anomalies. The drilling, expected to take two months, aims to identify the rock types causing these anomalies to guide future exploration efforts. This initiative, along with a nearly completed gravity survey, is part of S2’s strategy to enhance its stake in the project, which could reach up to 80% in collaboration with Oxley Resources. The outcomes of this exploration could significantly impact S2’s operations and its positioning within the mining industry, potentially offering new opportunities for mineral extraction.
S2 Resources has expanded its exploration efforts by acquiring additional ground at the Jillewarra project, increasing its coverage of the Karbah Shear Zone by 40%. This strategic move enhances their position in a highly prospective gold region, potentially increasing their resource base. The company also completed drilling at the West Murchison project, where assays are pending, and received assay results from Glenlogan, which showed no significant intercepts. These developments indicate S2 Resources’ commitment to advancing its exploration projects and strengthening its presence in key gold-bearing regions.
S2 Resources Ltd has commenced exploration activities at its Warraweena project in northern New South Wales, where it aims to earn a significant interest in the area held by Oxley Resources. The project is considered highly prospective due to unexplained gravity and magnetic anomalies, which suggest potential for valuable mineral deposits. A follow-up gravity survey is currently underway, and drilling is expected to begin in 2-3 weeks. The area is largely unexplored, with historical drilling failing to penetrate the cover and reach the basement geology, which may host extensions of known mineral-rich regions. This exploration could significantly impact S2 Resources’ operations by potentially expanding their resource base and enhancing their industry positioning.
S2 Resources Limited has released its corporate governance statement for the financial year ending June 30, 2025, emphasizing its commitment to high governance standards. The company acknowledges that while it does not fully comply with all ASX recommendations due to its operational scale, it has alternative governance practices in place. The Board of Directors regularly reviews these practices to ensure they remain appropriate, highlighting the company’s dedication to transparency and effective management.
S2 Resources Ltd has released its financial report for the year ending June 30, 2025. The report includes various financial statements such as the consolidated statement of profit or loss, financial position, changes in equity, and cash flows. This release provides stakeholders with a comprehensive overview of the company’s financial performance and position, which is crucial for assessing its operational efficiency and future prospects.
S2 Resources has commenced Reverse Circulation drilling at its West Murchison Project in Western Australia, targeting a 500-metre long soil anomaly at Yalgamine. This anomaly, which includes copper, platinum, palladium, and gold, is associated with a magnetic feature interpreted as an intrusion. The results of this drilling are expected to provide insights into the potential mineral wealth of the area, potentially enhancing S2 Resources’ 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 announced the commencement of reverse circulation drilling at the Yalgamine soil anomaly within its West Murchison project in Western Australia. This initiative aims to explore a 500-meter-long anomaly rich in copper, platinum, palladium, and gold, potentially indicating significant mineral deposits. The results of this drilling, expected by late September or early October, could enhance S2’s resource portfolio and strengthen its position in the mining sector. Additionally, the company is preparing for drilling at the Warraweena project in New South Wales, where it seeks to earn a majority interest, further expanding its exploration activities.
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 change in the director’s interest, specifically involving Mark Bennett. The announcement details the acquisition of additional securities, including fully paid ordinary shares and options, as part of a Tranche 2 Placement and incentive options issuance. This change reflects an increase in the director’s direct and indirect holdings, which could potentially impact the company’s market positioning 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 the issuance of 8,000,000 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 announced the issuance of 763,888 unquoted equity securities, specifically options expiring on July 7, 2027, with an exercise price of $0.11. This issuance is part of previously announced transactions and is not intended to be quoted on the ASX, reflecting the company’s ongoing strategic financial maneuvers.
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 completed the issuance of the second tranche of fully paid ordinary shares, raising $110,000 before costs. This move, approved by shareholders, is part of a placement strategy announced in June 2025, aimed at supporting the company’s financial stability and operational growth.
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 the quotation of 1,527,778 fully paid ordinary securities on the Australian Securities Exchange (ASX) as of August 7, 2025. This move is part of previously announced transactions and is expected to impact the company’s market presence by potentially increasing liquidity and investor interest in its securities.
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 the results of its General Meeting held on August 7, 2025, where all resolutions were carried with significant majority support. The resolutions included the ratification of prior issues of shares and options, as well as the issuance of shares and options to related parties. This outcome reflects strong shareholder backing for the company’s strategic initiatives, potentially enhancing its operational capabilities and market position.
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 presented its exploration results, which are based on standard industry practices, including various sampling and assay methods. The company emphasizes the quality assurance and control measures it employs to ensure the accuracy and precision of its analytical results. The announcement highlights the company’s commitment to maintaining high standards in its exploration activities, which could positively impact its operational credibility and industry 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 confirmed a significant multi-element soil anomaly at its West Murchison project in Western Australia, which includes copper, palladium, platinum, and gold. The company has received all necessary approvals and is preparing to commence drilling to further investigate the anomaly, which could potentially host substantial magmatic sulphide accumulations similar to other major deposits.
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.