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Sarytogan Graphite Limited (AU:SGA)
ASX:SGA
Australian Market
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Sarytogan Graphite Limited (SGA) AI Stock Analysis

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AU

Sarytogan Graphite Limited

(Sydney:SGA)

Rating:35Underperform
Price Target:
Sarytogan Graphite Limited's stock faces considerable challenges primarily due to weak financial performance and poor valuation metrics. The lack of revenue and consistent negative cash flow are critical issues. Technical analysis suggests bearish trends, but potential oversold conditions may offer a cautious buy opportunity if financial conditions improve.

Sarytogan Graphite Limited (SGA) vs. iShares MSCI Australia ETF (EWA)

Sarytogan Graphite Limited Business Overview & Revenue Model

Company DescriptionSarytogan Graphite Limited (SGA) is a mining company engaged in the exploration and development of graphite resources. The company focuses on its flagship Sarytogan Graphite Project located in Central Kazakhstan, which aims to produce high-quality graphite for various industrial applications. Sarytogan Graphite Limited is committed to leveraging its strategic location and advanced exploration techniques to become a leading supplier in the graphite market.
How the Company Makes MoneySarytogan Graphite Limited primarily generates revenue through the exploration, development, and eventual sale of graphite extracted from its mining operations. The company's key revenue streams are expected to come from selling graphite products to industries such as electric vehicle manufacturers, battery producers, and other sectors that use graphite in their production processes. The company may also form strategic partnerships with technology firms or manufacturers to secure long-term supply agreements, enhancing its revenue stability. Additionally, Sarytogan Graphite Limited may explore opportunities to monetize its mining expertise and resources through joint ventures or licensing agreements with other mining or industrial companies.

Sarytogan Graphite Limited Financial Statement Overview

Summary
Sarytogan Graphite Limited faces significant financial challenges, particularly in generating revenue and achieving profitability. The income statement shows no revenue and negative margins, while the balance sheet is strong due to no debt but is offset by declining assets. Cash flow is negative, indicating reliance on external financing.
Income Statement
10
Very Negative
Sarytogan Graphite Limited shows a challenging financial situation with no revenue recorded in recent years, leading to consistent negative net income and EBIT margins. The lack of revenue growth and significant negative profitability margins suggest a weak income statement position.
Balance Sheet
45
Neutral
The company maintains a strong equity position with no debt, resulting in a favorable debt-to-equity ratio. However, the total assets have been decreasing over time, raising concerns about asset sustainability. The equity ratio remains robust, indicating stability, yet the decline in stockholders' equity highlights potential long-term risks.
Cash Flow
30
Negative
Operating cash flow remains negative, indicating cash outflows from core operations. Free cash flow is also negative, exacerbated by high capital expenditures. The company has managed to secure financing in the past, but the reliance on external financing for cash needs represents a potential liquidity risk.
BreakdownJun 2024Jun 2023Jun 2022Jun 2021Jun 2020
Income Statement
Total Revenue0.000.004.31K0.000.00
Gross Profit-4.78K-2.59K3.97K0.000.00
EBITDA-2.43M-2.03M-1.81M9.90K0.00
Net Income-3.07M-2.04M-1.85M-216.00K21.67K
Balance Sheet
Total Assets22.07M24.54M3.11M551.22K183.56K
Cash, Cash Equivalents and Short-Term Investments2.52M7.77M347.57K82.10K17.38K
Total Debt0.000.00833.84K0.000.00
Total Liabilities220.36K144.74K1.51M244.21K20.72K
Stockholders Equity21.85M24.40M1.60M307.01K162.84K
Cash Flow
Free Cash Flow-5.23M-4.90M-761.29K-15.28K-6.55K
Operating Cash Flow-1.53M-2.41M-753.44K-15.28K-6.55K
Investing Cash Flow-3.70M-2.17M89.16K0.00-3.03K
Financing Cash Flow0.0011.97M929.75K80.00K0.00

Sarytogan Graphite Limited Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.06
Price Trends
50DMA
0.05
Positive
100DMA
0.05
Positive
200DMA
0.06
Negative
Market Momentum
MACD
<0.01
Positive
RSI
53.25
Neutral
STOCH
48.21
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:SGA, the sentiment is Positive. The current price of 0.06 is above the 20-day moving average (MA) of 0.06, above the 50-day MA of 0.05, and below the 200-day MA of 0.06, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 53.25 is Neutral, neither overbought nor oversold. The STOCH value of 48.21 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:SGA.

Sarytogan Graphite Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (44)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
AURNU
46
Neutral
AU$155.13M85.711.05%
AUSYR
45
Neutral
AU$307.46M-33.63%-33.27%-10.07%
44
Neutral
C$967.00M-6.65-13.73%2.47%17.55%-32.57%
AUNMT
40
Underperform
$58.48M-46.99%-23.51%
AUSGA
35
Underperform
-13.05%-79.65%
AUEGR
33
Underperform
€163.52M-8.78%17.83%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:SGA
Sarytogan Graphite Limited
0.06
-0.10
-62.50%
AU:NMT
Neometals Ltd
0.07
>-0.01
-7.89%
AU:SYR
Syrah Resources
0.29
-0.04
-10.77%
AU:EGR
EcoGraf
0.36
0.24
188.00%
AU:RNU
Renascor Resources Limited
0.06
-0.03
-33.33%

Sarytogan Graphite Limited Corporate Events

Sarytogan Graphite Advances Reserve Drilling for DFS
May 4, 2025

Sarytogan Graphite Limited has initiated a Reserve definition drilling program at its Sarytogan Graphite Project in Kazakhstan, marking a significant step towards the project’s Definitive Feasibility Study (DFS). The drilling aims to cover the first 25 years of mining with a detailed spacing plan, enhancing the confidence in the Mineral Resource estimate. This effort is part of a broader strategy to complete the DFS by mid-2026, with ongoing studies and preparations in power, transport, and metallurgy, alongside advanced tendering for process plant and mining studies.

Sarytogan Graphite Advances Project Amid Investment Boost
Apr 27, 2025

Sarytogan Graphite Limited has reported significant progress in its quarterly activities, highlighting the successful performance of its Micro80C graphite as a recarburizer for cast-iron and advancements in its Definitive Feasibility Study (DFS) for the Sarytogan Graphite Project. The company has also completed a substantial investment round with the European Bank for Reconstruction and Development, which will support ongoing development efforts. These developments position Sarytogan to enhance its market presence and operational capabilities, potentially benefiting stakeholders through increased production and market reach.

Sarytogan Graphite’s Softer Ore Promises Cost Reductions
Apr 7, 2025

Sarytogan Graphite Limited announced successful pilot milling tests at its Sarytogan Graphite Project in Kazakhstan, revealing that the graphite ore is much softer than previously assumed. This discovery is expected to significantly reduce milling costs and power requirements, enhancing the project’s economic viability. The company plans to airfreight 700kg of the milled product to Australia for further testing, which will produce samples for potential customers, thereby strengthening its market position.

Sarytogan Graphite Limited Appoints New Director
Apr 2, 2025

Sarytogan Graphite Limited announced the appointment of Martyn Buttenshaw as a director, effective April 3, 2025. The initial director’s interest notice reveals that Buttenshaw currently holds no securities or relevant interests in the company. This appointment is part of the company’s strategic efforts to strengthen its leadership team, potentially impacting its operational and industry positioning.

Sarytogan Graphite Limited Strengthens Board with New Appointment
Apr 2, 2025

Sarytogan Graphite Limited has appointed Mr. Martyn Buttenshaw as a Non-Executive Director, nominated by the European Bank for Reconstruction and Development. Mr. Buttenshaw brings extensive experience in the mining sector, having held various director roles in notable companies and possessing a strong background in mining engineering and investment management. This strategic appointment is expected to enhance the company’s capabilities in advancing the Sarytogan Graphite Project, reflecting the value of the partnership with EBRD beyond financial investments.

Sarytogan Graphite Initiates Water Drilling for Project Development
Mar 12, 2025

Sarytogan Graphite Limited has commenced drilling operations to secure a water supply for its graphite project in Kazakhstan. The Pre Feasibility Study identified the Sherubainura River Aquifer as the optimal water source, and the company is drilling additional wells and testing existing bores to support its water allocation application. This initiative is crucial for meeting the project’s water demands, particularly during peak periods, and represents a significant step in mitigating risks and advancing project development.

Sarytogan Graphite Identifies Third Copper Prospect at Baynazar
Mar 11, 2025

Sarytogan Graphite Limited has announced the identification of a third copper prospect named ‘Sanabi’ at its Baynazar copper exploration project in Kazakhstan. This development marks significant progress in their exploration efforts, following the previous identification of the Ilken and Aminbay prospects. The discovery of Sanabi, along with ongoing data collection from other high-priority prospects, positions Sarytogan to capitalize on Kazakhstan’s established mining jurisdiction and low-cost environment, potentially enhancing their market position and offering new opportunities for stakeholders.

Sarytogan Graphite Limited Releases Interim Report for December 2024
Mar 11, 2025

Sarytogan Graphite Limited has released its interim report for December 2024, detailing its corporate structure and operational focus. The company’s continued listing on the Australian Securities Exchange underscores its commitment to transparency and growth within the graphite sector, potentially impacting stakeholders by reinforcing its market presence.

Sarytogan Graphite Advances with Strategic Development and Investment
Feb 16, 2025

Sarytogan Graphite Limited announced the completion of a positive Preliminary Feasibility Study (PFS) for its high-grade mineral resource, showcasing a strategic development plan that includes the unique production of microcrystalline graphite for battery use. With the granting of a mine environment permit and mining license, alongside investment from the European Bank for Reconstruction and Development, the company is advancing its operations with a focus on early works for its Definitive Feasibility Study (DFS), indicating robust industry positioning and potential positive implications for stakeholders.

European Bank for Reconstruction and Development Increases Stake in Sarytogan Graphite Limited
Feb 11, 2025

Sarytogan Graphite Limited has experienced a significant change in their shareholder structure, specifically concerning the European Bank for Reconstruction and Development (EBRD). The EBRD increased its voting power in the company from 9.93% to 17.27%, following a share placement that involved purchasing 14,742,437 additional ordinary shares. This move indicates a strengthening of EBRD’s influence within the company, which could impact Sarytogan’s strategic direction and decision-making processes.

Sarytogan Graphite Limited Requests Trading Halt Pending Investment Announcement
Feb 9, 2025

Sarytogan Graphite Limited has requested a trading halt on its securities pending an important announcement related to the receipt of Tranche 2 investment from the European Bank for Reconstruction and Development (EBRD). This move is significant as it suggests a potential development that could impact the company’s financial standing and market position, indicating strategic progress in securing necessary funding.

Sarytogan Completes Aeromagnetic Survey at Baynazar Project
Feb 6, 2025

Sarytogan Graphite Limited announced the completion of an aeromagnetic survey at its Baynazar Copper Exploration Project. This survey aligns with their strategy to enhance exploration efforts and potentially expand their resource base, which could positively impact their operations and market positioning.

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: Apr 22, 2025