Scorpion Minerals Limited (AU:SCN)
ASX:SCN
Want to see AU:SCN full AI Analyst Report?
Top Page
Scorpion Minerals Limited
(Sydney:SCN)
Select Model
Select Model
Rating:42Neutral
Price Target:
AU$0.03
â–¼(-35.00% Downside)
Action:Reiterated
Date:06/04/26
The score is driven primarily by weak financial performance (minimal revenue, ongoing losses, and persistent negative free cash flow), implying continued funding dependence. Technicals are also soft with the stock trading below major moving averages and a negative MACD, only partially offset by an oversold RSI. Valuation remains constrained by negative earnings and no dividend support.
Positive Factors
Manageable leverage & positive equity
A materially lower debt-to-equity (~0.15 in 2025) and positive equity in recent years provide a durable financial buffer against shocks. This reduces short-term insolvency risk, supports the ability to structure JVs or asset sales, and gives management time to advance exploration before requiring urgent capital raises.
Negative Factors
Persistent operating losses
Sustained operating and net losses indicate the company lacks an operating profit engine and cannot fund exploration from internal earnings. This persistent unprofitability erodes returns, increases dependence on external financing, and raises the probability of dilution or project delays if discoveries don’t rapidly materialize.
Read all positive and negative factors
Positive Factors
Negative Factors
Manageable leverage & positive equity
A materially lower debt-to-equity (~0.15 in 2025) and positive equity in recent years provide a durable financial buffer against shocks. This reduces short-term insolvency risk, supports the ability to structure JVs or asset sales, and gives management time to advance exploration before requiring urgent capital raises.
Read all positive factors
Scorpion Minerals Limited (SCN) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$14.64M
Dividend YieldN/A
Average Volume (3M)1.74M
Price to Earnings (P/E)―
Beta (1Y)1.81
Revenue GrowthN/A
EPS Growth65.45%
CountryAU
Employees2
SectorBasic Materials
Sector Strength58
IndustryOther Precious Metals
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding542,331,200
10 Day Avg. Volume1,253,036
30 Day Avg. Volume1,743,839
Financial Highlights & Ratios
PEG Ratio-0.36
Price to Book (P/B)1.74
Price to Sales (P/S)0.00
P/FCF Ratio-5.32
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Scorpion Minerals Limited Business Overview & Revenue Model
Company Description
Scorpion Minerals Limited engages in the exploration of mineral resources in Australia. The company holds interest in the Pharos lithium, gold and base metals project covering an area of 1,544 square kilometers located in the Murchison, Western Au...
How the Company Makes Money
Scorpion Minerals Limited generates revenue through the exploration and subsequent sale or joint development of valuable mineral deposits. The company identifies and assesses mineral-rich areas through geological surveys and drilling, seeking to e...
Scorpion Minerals Limited Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
48
Neutral
Cash Flow
18
Very 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 | 960.00K | 0.00 |
| Gross Profit | 0.00 | 0.00 | 0.00 | 0.00 | 270.00 | 0.00 |
| EBITDA | -2.01M | -3.78M | 6.71K | -3.17M | -868.00K | 0.00 |
| Net Income | -2.00M | -3.79M | -3.20M | -3.24M | -944.00K | -2.24M |
Balance Sheet | ||||||
| Total Assets | 5.29M | 5.18M | 5.92M | 4.97M | 5.59M | 2.33M |
| Cash, Cash Equivalents and Short-Term Investments | 22.47K | 680.68K | 367.77K | 389.09K | 3.36M | 133.87K |
| Total Debt | 375.47K | 572.45K | 719.14K | 904.81K | 1.20M | 1.28M |
| Total Liabilities | 1.66M | 1.33M | 1.67M | 1.98M | 1.90M | 2.68M |
| Stockholders Equity | 3.63M | 3.85M | 4.25M | 2.99M | 3.69M | -347.57K |
Cash Flow | ||||||
| Free Cash Flow | -1.56M | -1.26M | -2.80M | -2.42M | -2.03M | -1.39M |
| Operating Cash Flow | -1.56M | -1.26M | -2.80M | -2.32M | -2.03M | -1.39M |
| Investing Cash Flow | -100.00K | -100.00K | 0.00 | 845.51K | 0.00 | 0.00 |
| Financing Cash Flow | 1.69M | 1.67M | 2.78M | -239.32K | 3.99M | 1.35M |
Scorpion Minerals Limited Technical Analysis
Negative
0.04
Price Trends
0.03
Positive
0.03
Negative
0.03
Negative
Market Momentum
>-0.01
Negative
28.34
Positive
50.00
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:SCN, the sentiment is Negative. 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 above the 200-day MA of 0.03, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 28.34 is Positive, neither overbought nor oversold. The STOCH value of 50.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:SCN.
Scorpion Minerals Limited 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% | |
47 Neutral | AU$48.71M | -25.92 | -25.64% | ― | ― | 41.18% | |
46 Neutral | AU$4.41M | -1.66 | -55.63% | ― | ― | -85.71% | |
46 Neutral | AU$12.85M | -8.07 | -11.24% | ― | ― | -64.86% | |
44 Neutral | AU$14.78M | -1.85 | -16.13% | ― | ― | 27.45% | |
43 Neutral | AU$26.61M | -2.42 | -164.76% | ― | ― | -24.80% | |
42 Neutral | AU$14.64M | -7.47 | -53.37% | ― | ― | 65.45% |
* Basic Materials Sector Average
AU:SCN
Scorpion Minerals Limited
0.03
<0.01
40.00%
AU:ODE
Odessa Minerals Limited
0.02
0.01
84.62%
AU:COY
Coppermoly Limited
0.01
>-0.01
-9.09%
AU:BRX
Belararox Ltd.
0.05
>-0.01
-11.11%
AU:CBY
Canterbury Resources Ltd.
0.05
0.02
70.37%
AU:C1X
Cosmos Exploration Limited
0.11
0.05
92.98%
Scorpion Minerals Limited Corporate Events
Scorpion Minerals Options Vest Under Employee Incentive Plan
Jun 4, 2026
Scorpion Minerals has confirmed that vesting conditions have been met for two tranches of incentive options issued under its Employee Securities Incentive Plan, making a total of 6.25 million options exercisable from 1 June 2026. The options, whic...
Scorpion Minerals Reaffirms Murchison Project Resource Data and Compliance
May 28, 2026
Scorpion Minerals Limited has outlined technical details and compliance statements for its Murchison gold strategy and associated projects at Mt Mulcahy, Pharos and Kirkalocka. The company reiterates that its reported exploration results and miner...
Scorpion Minerals Director Increases Equity Stake via On-Market Share Purchase
May 22, 2026
Scorpion Minerals Limited has disclosed a change in director Peter Koller’s interests in the company’s securities, following an on‑market purchase. Koller acquired 120,000 fully paid ordinary shares on 18 May 2026 for $3,600, inc...
Scorpion Minerals Director Increases Indirect Shareholding via On-Market Purchase
May 22, 2026
Scorpion Minerals has reported a change in director Michael Kitney’s indirect interest, with the director purchasing 200,000 fully paid ordinary shares on market. The transaction, completed on 18 May 2026 for a consideration of $6,600, incre...
Scorpion Minerals Defines New Gold Exploration Target at Old Prospect in WA
May 6, 2026
Scorpion Minerals has outlined a new Exploration Target at the Old Prospect zone within its Pharos Gold Project in Western Australia, modelling 1.0–3.0 million tonnes at 1.5–2.0 grams per tonne gold to a depth of 170 metres and demonst...
Scorpion Minerals Deepens Murchison Footprint With Old Prospect Acquisition and Drilling Push
Apr 30, 2026
Scorpion Minerals has strengthened its district-scale footprint in Western Australia’s Murchison region by securing an option to acquire the Old Prospect gold tenements from Ozz Resources, adding a JORC-compliant resource of 21,600 ounces at...
Scorpion Minerals Secures EIS Funding to Advance Pharos Gold Exploration in Murchison
Apr 29, 2026
Scorpion Minerals has secured up to $196,505 in co-funding from Western Australia’s Exploration Incentive Scheme to undertake a high-resolution airborne magnetic and radiometric survey over its Pharos Gold Project and the adjacent Jungar Fla...
Scorpion Minerals Options Lapse, Trimming Potential Future Dilution
Apr 24, 2026
Scorpion Minerals Limited has announced the cessation of 44,025,000 options with an exercise price of $0.04 that expired on 24 April 2026. The options lapsed without being exercised, slightly simplifying the company’s capital structure and r...
Scorpion Minerals Options Expire Unexercised, Trimming Potential Dilution
Apr 22, 2026
Scorpion Minerals has reported the cessation of 125,000 SCNAI options, which expired unexercised on 21 April 2026. The expiry marginally reduces the company’s pool of potential future equity dilution, streamlining its capital structure but b...
Scorpion Minerals Issues New Shares Under Employee Incentive Scheme
Apr 20, 2026
Scorpion Minerals Limited has issued 500,000 fully paid ordinary shares following the exercise of an equivalent number of zero-dollar options that were previously granted under an employee incentive scheme and are due to expire on 21 April 2026. T...
Scorpion Minerals Seeks ASX Quotation for 500,000 New Shares
Apr 20, 2026
Scorpion Minerals Limited has applied to the ASX for quotation of 500,000 new ordinary fully paid shares under its code SCN. The securities, issued on 20 April 2026 following the exercise or conversion of existing options or other convertible secu...
Scorpion Minerals Director Increases Indirect Shareholding
Mar 13, 2026
Scorpion Minerals has disclosed a change in director Michael Kitney’s indirect holdings, with the director-linked Emdale Family Account purchasing 235,000 fully paid ordinary shares on-market. The acquisition, costing $9,110.13, lifts Kitney...
Scorpion Minerals Director Increases Equity Stake Through On-Market Share Purchase
Mar 13, 2026
Scorpion Minerals Limited has reported a change in director Peter Koller’s interests in the company’s securities, following on-market purchases of additional fully paid ordinary shares. Between 10 and 12 March 2026, Koller acquired 350...
Scorpion Minerals Files Interim Half-Year Financial Report
Mar 13, 2026
Scorpion Minerals Limited has released its interim financial report for the half-year ended 31 December 2025, providing shareholders with a snapshot of the company’s financial performance, cash flows and balance sheet over the period. The re...
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.