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Sunshine Gold Ltd
(Sydney:SHN)
Sunshine Gold Ltd (SHN) vs. iShares MSCI Australia ETF (EWA)
Sunshine Gold Ltd Business Overview & Revenue Model
Sunshine Gold Ltd Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -80.30K | -80.30K | -122.00K | -1.31M | -390.00K | -8.54K |
| EBITDA | -678.00 | -1.41M | -6.81M | -2.18M | -1.49M | -1.30M |
| Net Income | -2.27M | -2.27M | -6.93M | -3.49M | -1.67M | -1.06M |
Balance Sheet | ||||||
| Total Assets | 18.04M | 18.04M | 17.29M | 16.74M | 12.44M | 7.22M |
| Cash, Cash Equivalents and Short-Term Investments | 1.92M | 1.92M | 3.39M | 3.33M | 1.85M | 2.19M |
| Total Debt | 122.18K | 122.18K | 86.46K | 185.97K | 268.29K | 27.46K |
| Total Liabilities | 2.56M | 2.56M | 2.58M | 2.12M | 982.28K | 202.50K |
| Stockholders Equity | 15.48M | 15.48M | 14.71M | 14.62M | 11.45M | 7.02M |
Cash Flow | ||||||
| Free Cash Flow | -5.34M | -5.34M | -6.86M | -5.17M | -5.14M | -2.69M |
| Operating Cash Flow | -837.66K | -837.66K | -713.42K | -1.23M | -1.03M | -1.12M |
| Investing Cash Flow | -3.48M | -3.48M | -6.17M | -3.80M | -4.15M | -489.56K |
| Financing Cash Flow | 2.84M | 2.84M | 6.95M | 6.50M | 4.84M | 1.71M |
Sunshine Gold Ltd Peers Comparison
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% | |
52 Neutral | AU$42.48M | -358.33 | -0.34% | ― | ― | -100.38% | |
52 Neutral | AU$63.24M | -10.63 | -19.61% | ― | ― | 42.65% | |
50 Neutral | AU$62.85M | 102.63 | 4.75% | ― | ― | ― | |
49 Neutral | AU$84.45M | -24.55 | -5.89% | ― | ― | 59.26% | |
47 Neutral | AU$64.44M | -19.23 | -15.05% | ― | ― | 76.36% | |
34 Underperform | AU$87.68M | -4.84 | -440.50% | ― | ― | -61.06% |
Sunshine Gold Ltd Corporate Events
Sunshine Metals Limited has issued 2,500,000 fully paid ordinary shares following the exercise of options, without the need for disclosure under the Corporations Act. The company has complied with all relevant legal requirements and there is no excluded information to disclose. Additionally, the company is conducting infill grade control drilling at its Liontown Project, but results are not yet available for public disclosure.
Sunshine Metals Limited has announced the quotation of 2,500,000 fully paid ordinary securities on the ASX, effective December 10, 2025. This move is part of the company’s strategy to enhance its market presence and provide additional value to its stakeholders through the conversion of options or other convertible securities.
Sunshine Metals Limited has identified seven high-priority conductive anomalies at its Ravenswood Consolidated Project through a VTEM Max survey, funded by a grant from the Queensland Government. The survey has revealed a promising gold target at Truncheon East, with soil samples showing gold concentrations of up to 8.45g/t. This discovery marks a significant development for Sunshine Metals, as it enhances their exploration pipeline and positions them favorably within the Charters Towers district, with plans for further exploration in 2026.
Sunshine Metals Limited has announced a significant upgrade to its Liontown shallow gold resource, increasing it by 14% to 108,000 ounces. This upgrade, resulting from successful infill drilling, enhances the company’s resource confidence and supports ongoing discussions with potential partners. The mining study, which includes geotechnical and environmental assessments, is on track for completion in January 2026, positioning Sunshine Metals to commence gold production in 2026.
Sunshine Metals Limited announced that the Supreme Court of Western Australia has granted orders to rectify an oversight regarding the non-issuance of a cleansing notice for a recent share issue. This administrative error, which was identified by the company, led to a review and subsequent enhancement of its governance and compliance practices, including the adoption of a new Quoted Securities Issuance Policy. The company aims to prevent future non-compliance and ensure adherence to statutory and ASX Listing Rule obligations, with trading of its securities expected to resume shortly.
Sunshine Metals Limited has requested a voluntary suspension of its securities from trading on the Australian Securities Exchange. This suspension is pending the outcome of a Supreme Court application regarding a procedural oversight related to the issuance of shares. The suspension will remain until the company releases an announcement or trading resumes on November 24, 2025.
Sunshine Metals Limited has requested a trading halt on its securities pending a court application related to a compliance issue. The halt will remain until the company announces the court’s decision or trading resumes on November 21, 2025, potentially impacting investor confidence and market operations.
Sunshine Metals Limited has issued 3,972,584 fully paid ordinary shares following the exercise of options, without the need for disclosure under Part 6D.2 of the Corporations Act. This move allows the company to facilitate the on-sale of these shares under an exemption, pending approval from the Supreme Court of Western Australia, ensuring compliance with relevant legal provisions and maintaining transparency for stakeholders.
Sunshine Metals Limited has announced the issuance of 9,111,110 fully paid ordinary shares following the exercise of options, without the need for disclosure under the Corporations Act. This move indicates the company’s compliance with relevant legal provisions and suggests a strategic step to enhance its capital structure, potentially impacting its market positioning and offering new opportunities for stakeholders.
Sunshine Metals Limited has announced the issuance of 9,111,111 fully paid ordinary securities, which will be quoted on the ASX starting November 17, 2025. This move is part of the company’s strategy to enhance its market presence and potentially increase its shareholder base, reflecting a significant step in its operational and financial growth.
Sunshine Gold Ltd has announced the final results of its diamond drilling program at the Sybil site, part of the Ravenswood Consolidated Project. The program revealed significant gold mineralization in 12 out of 14 drill holes, including a notable 4.5 meters at 17.23g/t Au. These results confirm the potential for high-grade gold zones, with further exploration planned following heritage clearances and magnetic surveys. The company is also preparing to resume drilling at Liontown, aiming to advance shallow mineralization to mining readiness.
Sunshine Gold Ltd, operating under the ASX ticker SHN, is focused on mineral exploration and development, particularly in Queensland, Australia. The company is involved in projects with significant potential for gold and copper resources, as well as zinc, lead, and silver. The recent announcement highlights the company’s exploration results and resource estimates at various sites, including Liontown, Waterloo, and Orient. These findings underscore Sunshine Gold’s strategic focus on expanding its mineral resource base, which could enhance its market position and provide potential value to stakeholders.
Sunshine Metals Limited has announced a change in the director’s interest notice involving Damien Leslie Keys. The change includes the acquisition of 15,000,000 options exercisable at $0.018 expiring on 4 November 2028 and 1,250,000 fully paid ordinary shares, while 9,606,060 options exercisable at $0.03 expiring on 30 September 2025 were disposed of. This adjustment in securities reflects strategic decisions made during the company’s Annual General Meeting, potentially impacting the company’s financial structure and stakeholder interests.
Sunshine Metals Limited has announced the issuance of 39,000,000 unlisted options, exercisable at $0.018, set to expire on November 4, 2028. This move, part of previously announced transactions, is a strategic step to enhance the company’s financial flexibility and potentially strengthen its market position by attracting investment.
Sunshine Metals Limited has announced the issuance of 22,099,120 fully paid ordinary shares, which includes shares issued through the exercise of options and a placement to directors approved at the recent Annual General Meeting. This move, executed without disclosure under Part 6D.2 of the Corporations Act, aligns with the company’s compliance with relevant legal provisions and indicates a strategic effort to enhance its capital structure.
Sunshine Metals Limited has announced the quotation of 10,515,786 fully paid ordinary securities on the ASX, effective November 4, 2025. This move is part of the company’s strategy to enhance its financial flexibility and potentially improve its market position, offering stakeholders an opportunity to engage with the company’s growth trajectory.
Sunshine Metals Limited has announced the cessation of Paul Ian Chapman as a director effective October 31, 2025. The final director’s interest notice reveals that Chapman holds 4,000,000 options exercisable at $0.0225 expiring in June 2027, and through Stone Poneys Nominees Pty Ltd, he holds 64,758,031 fully paid ordinary shares and 2,222,222 options exercisable at $0.015 expiring in May 2027. This change in directorship may impact the company’s strategic direction and stakeholder interests, given Chapman’s significant holdings in the company.
Sunshine Metals Limited announced that all resolutions proposed at its Annual General Meeting were successfully passed. Key resolutions included the re-election of directors, ratification of share and option issuances, and approvals for the issuance of additional securities under the Employee Incentive Securities Plan. These decisions are expected to strengthen the company’s governance and support its strategic growth initiatives.
Sunshine Gold Ltd has announced significant progress in its operations over the past year, including a 42% increase in its base metals and gold resources and substantial advancements in exploration activities. The company has also undergone a strategic transition with a focus on Queensland, appointing new board members with strong local ties and divesting non-core assets. These developments are expected to enhance Sunshine Gold’s market position and contribute to the economic growth of the region.
Sunshine Metals Limited has reported significant gold intercepts from its drilling program at the Sybil site, part of the Ravenswood Consolidated Project. The results from 10 out of 10 drill holes have shown substantial gold mineralization, reinforcing the potential of the A-Vein as a promising low-sulphidation epithermal gold target. The company anticipates further assay results in mid-November 2025, which could provide additional insights for future exploration and development strategies.
Sunshine Metals Limited, a mining exploration entity, reported its quarterly cash flow results for the period ending September 30, 2025. The company experienced a net cash outflow from operating activities amounting to $234,000, primarily due to administration and corporate costs. Investing activities also saw a cash outflow of $1,221,000, largely attributed to exploration and evaluation expenses. However, Sunshine Metals raised $4,861,000 through equity securities, resulting in a net cash inflow of $4,594,000 from financing activities. This financial maneuver has led to a significant increase in cash and cash equivalents, positioning the company for potential future growth and stability.
Sunshine Metals Ltd has made significant progress in its North Queensland projects, with diamond drilling at Sybil and advancements in Liontown studies. The company has secured a $5 million placement, with Lion Selection acquiring a 9.2% shareholding, and appointed Fred White as a Non-Executive Director to enhance its board’s expertise.
Sunshine Metals Limited has announced the issuance of 29,482,621 fully paid ordinary shares following the exercise of options, without the need for disclosure under Part 6D.2 of the Corporations Act. This strategic move is expected to enhance the company’s capital structure, potentially impacting its market positioning and offering new opportunities for stakeholders.
Sunshine Metals Limited has announced the issuance of 29,482,621 fully paid ordinary securities, which are set to be quoted on the ASX. This move is part of the company’s strategy to enhance its market presence and potentially increase its capital base, which could have significant implications for its operations and stakeholders.
Sunshine Metals Limited has announced further high-grade gold intersections at its Sybil site, part of the Ravenswood Consolidated Project. The recent drilling program at the Francis Creek prospect has yielded promising results, including a significant intersection of 5.2 meters at 9.01 grams per tonne of gold. The program, which targets low-sulphidation epithermal gold mineralization, aims to enhance the geological understanding of the area and support future exploration efforts. The results underscore the potential for high-grade gold shoots within the broader A Vein, and additional assay results are anticipated in November 2025.
Sunshine Metals Limited has issued 4,911,111 fully paid ordinary shares at $0.015 per share, following the exercise of options, without the need for disclosure under the Corporations Act. This strategic move is part of the company’s efforts to enhance its financial standing and market presence, complying with relevant legislative requirements and ensuring transparency with its stakeholders.
Sunshine Metals Limited has announced the issuance of 12,829,533 fully paid ordinary shares at $0.015 each, following the exercise of options. This move is expected to enhance the company’s capital structure without the need for disclosure under Part 6D.2 of the Corporations Act. The shares are part of a class of securities quoted on the ASX, indicating potential future liquidity for investors. The company has confirmed compliance with relevant provisions of the Corporations Act and stated there is no excluded information that needs to be disclosed, suggesting transparency and adherence to regulatory requirements.
Sunshine Metals Limited has issued 4,911,111 fully paid ordinary shares at $0.015 per share following the exercise of options, without the need for disclosure under the Corporations Act. This strategic move is part of the company’s ongoing efforts to strengthen its capital base, potentially enhancing its operational capabilities and market positioning.
Sunshine Metals Ltd has released an update on its mineral resource projects, highlighting significant gold and copper deposits at its Liontown site. The company has detailed the composition of its mineral lodes, emphasizing the potential for high-value extraction. This announcement underscores Sunshine Metals’ strategic focus on enhancing its resource base, which could strengthen its market position and offer promising returns for stakeholders.
Sunshine Metals Limited has announced the issuance of 4,911,111 new ordinary fully paid securities, which will be quoted on the ASX. This move is part of the company’s strategy to exercise options or convert other convertible securities, potentially impacting its market position and offering new opportunities for stakeholders.
Sunshine Gold Ltd announced a record high-grade gold intersection at its Sybil prospect, part of the Ravenswood Consolidated Project. The drilling program revealed significant epithermal gold results, including a standout intersection of 4.4 meters at 57.51 grams per ton of gold, marking the highest-grade result ever drilled at Sybil. This discovery underscores the potential of the prospect and draws parallels to the renowned Pajingo epithermal system. The company anticipates further results from the ongoing drilling program by early November 2025, which could have substantial implications for its market positioning and stakeholder interests.
Sunshine Metals Limited has announced that it has ceased to be a substantial holder in Dart Mining NL as of October 7, 2025. This change is due to dilution from previous issues of fully paid ordinary shares and on-market sales, impacting 41,666,666 voting securities. The financial consideration for this change was $212,744. This development may affect Sunshine Metals’ influence over Dart Mining NL, potentially altering its strategic positioning within the industry.
Sunshine Metals Limited has announced the issuance of 3,972,584 ordinary fully paid securities, which will be quoted on the Australian Securities Exchange (ASX). This move is part of the company’s strategy to enhance its financial flexibility and potentially expand its market presence by converting options or other convertible securities. The announcement indicates a proactive approach in leveraging financial instruments to bolster its capital structure, which may have implications for its market positioning and stakeholder interests.
Sunshine Metals Limited announced the cessation of 288,240,611 securities due to the expiry of options or other convertible securities without exercise or conversion as of September 30, 2025. This development may impact the company’s capital structure and could have implications for its market positioning and stakeholder interests.