Scorpion Minerals Limited (AU:SCN)
ASX:SCN
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Scorpion Minerals Limited
(Sydney:SCN)
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Rating:43Neutral
Price Target:
AU$0.03
▼(-17.50% Downside)
Action:ReiteratedDate:03/24/26
The score is primarily weighed down by weak financial performance—minimal revenue, ongoing losses, and persistent cash burn—despite a comparatively improved balance sheet with modest leverage. Technical indicators are neutral-to-mixed and do not offset the fundamental risk, and valuation is difficult to support given negative earnings and no dividend.
Positive Factors
Improving balance sheet
Lower leverage and sustained positive equity improve financial flexibility for an exploration company. Manageable debt reduces near-term liquidity strain and makes future capital raises less urgent or dilutive, enabling continued project work or JV negotiations over the next several months.
Negative Factors
Consistent operating losses
Persistent losses undermine the firm's ability to self-fund exploration and erode returns for investors. Continued negative profitability increases dependency on capital markets, raises dilution risk, and makes long-term viability contingent on successful, potentially uncertain resource discoveries.
Read all positive and negative factors
Positive Factors
Negative Factors
Improving balance sheet
Lower leverage and sustained positive equity improve financial flexibility for an exploration company. Manageable debt reduces near-term liquidity strain and makes future capital raises less urgent or dilutive, enabling continued project work or JV negotiations over the next several months.
Read all positive factors
Scorpion Minerals Limited (SCN) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$18.42M
Dividend YieldN/A
Average Volume (3M)1.74M
Price to Earnings (P/E)―
Beta (1Y)2.00
Revenue GrowthN/A
EPS Growth-4.88%
CountryAU
Employees2
SectorBasic Materials
Sector Strength58
IndustryOther Precious Metals
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding541,831,200
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...
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
0.04
Negative
0.03
Negative
0.03
Positive
Market Momentum
>-0.01
Positive
28.34
Positive
-57.78
Positive
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 0.04, above the 50-day MA of 0.04, and above the 200-day MA of 0.03, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 28.34 is Positive, neither overbought nor oversold. The STOCH value of -57.78 is Positive, 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% | |
51 Neutral | AU$26.53M | -5.21 | -164.76% | ― | ― | 27.23% | |
50 Neutral | AU$37.04M | -8.75 | -25.64% | ― | ― | -150.00% | |
46 Neutral | AU$7.06M | -3.07 | -57.65% | ― | ― | -66.67% | |
45 Neutral | AU$19.89M | -2.50 | -16.13% | ― | ― | 13.24% | |
43 Neutral | AU$18.42M | -4.75 | -53.37% | ― | ― | -4.88% | |
42 Neutral | AU$7.37M | -2.32 | -11.24% | ― | ― | -17.39% |
* Basic Materials Sector Average
AU:SCN
Scorpion Minerals Limited
0.03
0.02
88.89%
AU:ODE
Odessa Minerals Limited
0.02
<0.01
61.54%
AU:COY
Coppermoly Limited
0.01
>-0.01
-33.33%
AU:BRX
Belararox Ltd.
0.08
-0.09
-53.13%
AU:CBY
Canterbury Resources Ltd.
0.03
<0.01
8.00%
AU:C1X
Cosmos Exploration Limited
0.21
0.13
180.82%
Scorpion Minerals Limited Corporate Events
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...
Scorpion Minerals Director Increases Indirect Shareholding via On-Market Purchase
Feb 25, 2026
Scorpion Minerals Limited has reported a change in director Michael Kitney’s indirect interest in the company, following an on-market purchase of 75,000 fully paid ordinary shares. The acquisition, made via the Emdale Family account for a ca...
Scorpion Minerals Director Increases Shareholding via On-Market Purchase
Feb 20, 2026
Scorpion Minerals Limited has reported a change in the securities held by director Peter Koller, detailing an on-market purchase of additional fully paid ordinary shares. Between 17 and 19 February 2026, Koller acquired 930,000 shares for $35,160,...
Scorpion Minerals Corrects Expiry Date Notice for Listed Options
Feb 10, 2026
Scorpion Minerals has corrected an error in its earlier reminder regarding 35,999,997 SCNO listed options exercisable at $0.075, which are due to expire on 1 March 2026. The company clarified that official quotation of these options on the ASX wil...
Scorpion Minerals Flags Imminent Expiry of 36m Out-of-the-Money Options
Feb 3, 2026
Scorpion Minerals has notified holders that 35,999,997 listed options, exercisable at $0.075 each, will expire at 5:00pm WST on 1 March 2026, with ASX quotation of the options ceasing on 24 February 2026. If fully exercised, the options would conv...
Scorpion Minerals Raises $355,000 Through Option Conversions and Lodges Cleansing Prospectus
Feb 2, 2026
Scorpion Minerals Limited has issued 8,875,000 fully paid ordinary shares following the conversion of unlisted options exercisable at $0.04, generating gross proceeds of $355,000, with directors accounting for 4,625,000 of the converted options an...
Scorpion Minerals Director Increases Shareholding Through Option Conversion
Feb 2, 2026
Scorpion Minerals Limited has disclosed changes in director Peter Koller’s holdings in the company, detailing adjustments to his direct and indirect interests in fully paid ordinary shares and various option classes. The notice shows Koller ...
Scorpion Minerals Director Rebalances Equity and Option Holdings
Feb 2, 2026
Scorpion Minerals Limited has reported a change in director Kate Stoney’s interests in the company’s securities, reflecting an internal rebalancing of her holdings between fully paid ordinary shares and options. The notice discloses th...
Scorpion Minerals Director Converts Options to Ordinary Shares
Feb 2, 2026
Scorpion Minerals Limited has disclosed a change in the indirect holdings of director Michael Kitney, reflecting an adjustment in his equity position in the company through the Emdale Family account. The director has converted 375,000 unlisted opt...
Scorpion Minerals Seeks ASX Quotation for 8.9 Million New Shares
Feb 2, 2026
Scorpion Minerals Limited has applied to the ASX for quotation of 8,875,000 new ordinary fully paid shares, issued on 2 February 2026 following the exercise or conversion of existing options or other convertible securities. The additional quoted s...
Scorpion Minerals Director Increases Shareholding Through On-Market Purchase
Jan 28, 2026
Scorpion Minerals Limited has disclosed a change in director Peter Koller’s holdings, reporting the on-market acquisition of 880,000 fully paid ordinary shares between 23 and 28 January 2026 for a total consideration of $35,687.47. Following...
Scorpion Minerals Updates Director Peter Koller’s Share and Option Holdings
Jan 16, 2026
Scorpion Minerals Limited has disclosed a change in director Mr Peter Koller’s holdings in the company, detailing his direct and indirect interests in fully paid ordinary shares and various listed and unlisted options. The filing shows Kolle...
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.