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Santa Fe Minerals Ltd. (AU:SFM)
ASX:SFM
Australian Market

Santa Fe Minerals Ltd. (SFM) AI Stock Analysis

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AU:SFM

Santa Fe Minerals Ltd.

(Sydney:SFM)

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Neutral 49 (OpenAI - 5.2)
Rating:49Neutral
Price Target:
AU$0.31
▲(0.97% Upside)
The score is held back primarily by weak financial performance (no revenue, ongoing losses, and consistent cash burn despite zero debt) and limited valuation support (negative P/E, no dividend data). Technicals are the main offset, with price trading above major moving averages and positive MACD suggesting constructive momentum.
Positive Factors
Debt-Free Balance Sheet
A debt-free balance sheet reduces financial risk and provides flexibility, allowing the company to focus on strategic investments without the burden of interest payments.
Strategic Expansion
Expanding into Côte d’Ivoire with multiple gold projects enhances the company's asset base and potential for future revenue, supporting long-term growth in the gold sector.
Capital Raising
Raising capital to fund expansion projects strengthens the company's financial position, enabling it to pursue growth opportunities and improve its market competitiveness.
Negative Factors
Persistent Operating Losses
Ongoing losses and cash burn indicate a reliance on external funding, which can lead to dilution and financial instability if not addressed through revenue generation.
Eroding Equity Base
A declining equity base limits financial flexibility and increases the risk of dilution, impacting shareholder value and the company's ability to invest in growth.
No Revenue Generation
The absence of revenue generation highlights a critical challenge in achieving profitability and sustaining operations without continuous external funding.

Santa Fe Minerals Ltd. (SFM) vs. iShares MSCI Australia ETF (EWA)

Santa Fe Minerals Ltd. Business Overview & Revenue Model

Company DescriptionSanta Fe Minerals Limited engages in the exploration of gold and base metals in Australia. It explores for gold, copper, lead, zinc, nickel, silver, and vanadium deposits. The company holds 7 exploration licenses in Challa South and Challa North projects covering an area of approximately 463 square kilometers in the Windamurra and Narndee Intrusions in Western Australia. It also holds an option to acquire 80% interest in the Mt Murray base metals project located in Western Australia. The company was formerly known as EZA Corporation Limited and changed its name to Santa Fe Minerals Limited in October 2017. Santa Fe Minerals Limited was founded in 2000 and is based in Nedlands, Australia.
How the Company Makes MoneySanta Fe Minerals Ltd. generates revenue through the exploration and development of mineral properties, primarily by discovering valuable mineral deposits that can be mined and sold. The company engages in activities such as drilling and geological surveys to identify potential mining sites. Once a viable mineral deposit is confirmed, SFM may either develop the site into a full-scale mining operation or sell the rights to other mining companies. Additionally, SFM may enter into joint ventures or partnerships with other mining firms to share the costs and profits of developing mineral resources. These partnerships can significantly enhance the company's ability to finance its exploration activities and bring projects to fruition. The company's earnings are also influenced by factors such as commodity prices, operational efficiency, and exploration success rates.

Santa Fe Minerals Ltd. Financial Statement Overview

Summary
Santa Fe Minerals Ltd. is facing significant financial challenges. The lack of revenue and persistent losses highlight struggles in operational performance. While the company holds no debt, the decline in equity and negative cash flows indicate underlying financial instability.
Income Statement
Santa Fe Minerals Ltd. has consistently reported zero revenue, resulting in negative profit margins over the years. The company faces substantial losses, with EBIT and EBITDA margins unable to be calculated. The lack of revenue growth and persistent net losses highlight significant challenges in achieving profitability.
Balance Sheet
The company maintains a strong equity position with no debt, reflected in a debt-to-equity ratio of zero. However, the continuous decline in stockholders' equity and total assets over the years suggests potential financial instability. The equity ratio remains high, indicating a reliance on equity for funding operations.
Cash Flow
Operating cash flow has been negative, indicating cash outflows from operations, while free cash flow remains consistently negative, reflecting challenges in generating cash internally. There has been no significant improvement in cash flow metrics, which raises concerns regarding the company's ability to sustain operations without external financing.
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue0.000.000.000.000.000.00
Gross Profit-398.00-398.00-2.24K-6.50K-15.82K-19.70K
EBITDA-841.21K-866.43K-854.00K-1.00M-840.00K-117.00K
Net Income-395.25K-809.22K-856.00K-1.02M-732.00K-137.00K
Balance Sheet
Total Assets1.38M1.38M2.12M2.94M3.97M4.68M
Cash, Cash Equivalents and Short-Term Investments1.06M1.06M1.79M2.52M2.87M3.44M
Total Debt0.000.000.000.000.000.00
Total Liabilities210.23K210.23K147.94K111.87K119.03K95.58K
Stockholders Equity1.17M1.17M1.98M2.83M3.85M4.58M
Cash Flow
Free Cash Flow-732.00-733.04K-740.66K-974.39K-871.33K-660.14K
Operating Cash Flow-730.00-731.32K-740.66K-974.39K-817.72K-660.14K
Investing Cash Flow0.00-1.72K0.00623.78K254.36K-299.38K
Financing Cash Flow0.000.000.000.000.000.00

Santa Fe Minerals Ltd. Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.31
Price Trends
50DMA
0.27
Positive
100DMA
0.25
Positive
200DMA
0.18
Positive
Market Momentum
MACD
<0.01
Positive
RSI
52.23
Neutral
STOCH
19.61
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:SFM, the sentiment is Positive. The current price of 0.31 is above the 20-day moving average (MA) of 0.30, above the 50-day MA of 0.27, and above the 200-day MA of 0.18, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 52.23 is Neutral, neither overbought nor oversold. The STOCH value of 19.61 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:SFM.

Santa Fe Minerals Ltd. 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$36.10M-27.03-51.49%5.93%
48
Neutral
AU$4.45M-14.62-66.08%80.88%
45
Neutral
AU$9.90M-4.65-131.62%65.32%
44
Neutral
AU$4.81M-2.11-127.51%168.85%13.51%
43
Neutral
AU$2.98M-3.03-37.62%76.76%
41
Neutral
AU$22.79M-11.50-32.31%69.23%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:SFM
Santa Fe Minerals Ltd.
0.30
0.27
900.00%
AU:DAF
Discovery Alaska Limited
0.02
>-0.01
-5.00%
AU:GNM
Great Northern Minerals Limited
0.05
0.03
283.33%
AU:GSM
Golden State Mining Ltd.
0.02
0.01
100.00%
AU:RAS
Ragusa Minerals Ltd
0.03
0.02
125.00%
AU:WSR
Westar Resources Ltd.
0.01
0.00
0.00%

Santa Fe Minerals Ltd. Corporate Events

Santa Fe Minerals Updates Registered Office and Postal Address
Dec 23, 2025

Santa Fe Minerals Ltd has updated the market that it has relocated its registered office and principal place of business to Level 4, 88 William Street, Perth, Western Australia, and has also changed its postal address to GPO Box 2570, Perth WA 6001. The administrative move, authorised by the board, reflects a formal change in the company’s corporate contact details but does not indicate any change to its operations or strategic direction, with limited immediate implications for shareholders beyond updated correspondence information.

Santa Fe Minerals Aligns Financial Year with New Subsidiaries
Dec 8, 2025

Santa Fe Minerals Ltd. has announced a change in its financial year-end from 30 June to 31 December, aligning with its newly acquired subsidiaries in Côte d’Ivoire. This strategic move aims to enhance efficiency and reduce costs in financial reporting and auditing, ensuring seamless governance and compliance across all entities. The transition includes a six-month financial year from 1 July to 31 December 2025, followed by a standard twelve-month financial year starting 1 January 2026.

Santa Fe Minerals Announces Proposed Securities Issue
Nov 26, 2025

Santa Fe Minerals Ltd has announced a proposed issue of 30,000,000 ordinary fully paid securities, with the issue date set for January 19, 2026. This move is part of a placement or other type of issue, potentially impacting the company’s financial structure and market positioning by increasing its capital base.

Santa Fe Minerals Ltd Announces Proposed Securities Issue
Nov 26, 2025

Santa Fe Minerals Ltd has announced a proposed issue of securities, including 8,000,000 performance rights and 20,000,000 ordinary fully paid shares, with the issuance date set for January 19, 2026. This move is likely to impact the company’s capital structure and could enhance its financial flexibility, potentially influencing its market positioning and stakeholder interests.

Santa Fe Minerals Expands Gold Portfolio in Côte d’Ivoire
Nov 26, 2025

Santa Fe Minerals Ltd. has announced the acquisition of 80% of four gold projects in Côte d’Ivoire from WIA Gold Limited. These projects, which cover a total area of 3,449 square kilometers, include multiple drill-ready gold targets with significant previous drilling results. The acquisition is part of Santa Fe’s strategy to build a strong pipeline of gold projects, ranging from early-stage prospects to ready-to-drill targets. The company has also secured commitments to raise $6 million, subject to shareholder approval, to support this expansion.

Santa Fe Minerals Ltd Initiates Trading Halt for Major Announcement
Nov 23, 2025

Santa Fe Minerals Ltd has requested a trading halt on its securities as it prepares to announce a significant capital raise and acquisition of a gold project. This move indicates a strategic expansion in its operations, potentially impacting its market position and offering new opportunities for stakeholders.

Santa Fe Minerals Ltd. Announces AGM Results
Nov 21, 2025

Santa Fe Minerals Ltd. announced the results of its Annual General Meeting held on November 21, 2025. The meeting included the passing of several resolutions, such as the adoption of the Remuneration Report, the re-election of Mr. Mark Jones, approval of Proportional Takeover Provisions, and a 10% Placement Facility. These resolutions indicate a strong shareholder support and strategic direction for the company, potentially enhancing its governance and financial flexibility.

Santa Fe Minerals Expands with Eburnea Gold Project Acquisition
Oct 30, 2025

Santa Fe Minerals Ltd has successfully acquired the Eburnea Gold Project in Cote d’Ivoire from Turaco Gold Ltd, marking a significant expansion in its gold exploration activities. The company also raised $1,200,000 through a capital raising initiative, which will fund exploration programs across its existing and newly acquired projects, positioning Santa Fe for potential growth in the resources sector.

Santa Fe Minerals Ltd. Announces 2025 Annual General Meeting
Oct 23, 2025

Santa Fe Minerals Ltd. has announced its 2025 Annual General Meeting, scheduled for November 21, 2025, at the office of Nexia Perth in Western Australia. Shareholders are encouraged to participate by attending or submitting proxy forms, with the deadline for proxy submissions set for November 19, 2025. The company emphasizes the importance of the Notice of Meeting and advises shareholders to consult professional advisers if needed.

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