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South Harz Potash Ltd
(Sydney:SHP)
South Harz Potash Ltd (SHP) vs. iShares MSCI Australia ETF (EWA)
South Harz Potash Ltd Business Overview & Revenue Model
South Harz Potash Ltd Financial Statement Overview
| Breakdown | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -25.97K | -40.26K | -33.16K | -3.69K | -575.00 |
| EBITDA | -3.05M | -9.08M | -8.61M | -11.87M | -2.25M |
| Net Income | -3.12M | -9.15M | -8.66M | -11.86M | -2.35M |
Balance Sheet | |||||
| Total Assets | 2.91M | 2.58M | 4.73M | 9.19M | 11.59M |
| Cash, Cash Equivalents and Short-Term Investments | 605.12K | 253.63K | 2.27M | 6.60M | 8.24M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 2.13M | 2.09M | 1.34M | 940.44K | 345.57K |
| Stockholders Equity | 782.12K | 485.82K | 3.39M | 8.25M | 9.94M |
Cash Flow | |||||
| Free Cash Flow | -2.60M | -8.21M | -7.93M | -11.46M | -2.10M |
| Operating Cash Flow | -2.60M | -8.21M | -7.81M | -11.43M | -1.99M |
| Investing Cash Flow | 0.00 | 0.00 | -121.58K | -27.47K | -7.01K |
| Financing Cash Flow | 2.89M | 5.59M | 2.81M | 9.89M | 10.11M |
South Harz Potash 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% | |
50 Neutral | AU$9.50M | -0.92 | -49.72% | ― | ― | 0.81% | |
48 Neutral | AU$4.10M | -9.62 | -492.76% | ― | ― | 72.85% | |
45 Neutral | AU$12.27M | -0.52 | -71.65% | ― | ― | ― | |
45 Neutral | AU$9.35M | -1.88 | -29.48% | ― | ― | 76.12% | |
44 Neutral | AU$7.83M | -1.72 | -63.22% | ― | ― | -7.41% | |
42 Neutral | AU$8.81M | -0.54 | -430.00% | ― | ― | -255.77% |
South Harz Potash Ltd Corporate Events
South Harz Potash has requested a trading halt on its securities on the ASX, effective immediately, while it considers, plans and executes a capital raising. The halt will remain in place until either the company releases a related announcement to the market or trading resumes on 9 March 2026, signaling that a funding initiative may be imminent and potentially material for existing shareholders and project development plans.
The most recent analyst rating on (AU:SHP) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on South Harz Potash Ltd stock, see the AU:SHP Stock Forecast page.
South Harz Potash Ltd has updated the market with a change to its registered office and principal place of business, now located at Unit 15, 6–10 Douro Place in West Perth, Western Australia. The update, made in line with listing rule requirements and authorised by the board, is an administrative change that clarifies the company’s official contact and business address for shareholders and stakeholders.
The announcement underscores routine corporate housekeeping rather than a shift in strategic direction or operations, but it ensures accurate corporate records across the Australian Securities Exchange and European trading venues. By formally notifying investors of its new West Perth base, South Harz Potash maintains regulatory compliance and supports clear communication channels with the market.
The most recent analyst rating on (AU:SHP) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on South Harz Potash Ltd stock, see the AU:SHP Stock Forecast page.
South Harz Potash Ltd plans to change its name to Turnstone Resources Ltd, subject to shareholder approval at a general meeting on 16 March 2026, to reflect its strategic evolution. The company has secured five copper-gold exploration licences in Sweden’s underexplored Värmland Province, with two more applications pending, and sees these assets as complementary to its existing German portfolio.
Management says the move formalises its transition into a diversified European critical minerals company, with immediate discovery potential at the Glava-Klinten and Torsby West projects where outcropping mineralisation has been identified. Initial drilling at these Swedish targets is scheduled for the June 2026 quarter, aligning the group more closely with rising copper demand and the broader energy transition, which could enhance its appeal to investors seeking exposure to critical minerals supply chains.
The most recent analyst rating on (AU:SHP) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on South Harz Potash Ltd stock, see the AU:SHP Stock Forecast page.
South Harz Potash has secured the Glava 300 exploration licence in Sweden’s Värmland Province, consolidating its Glava-Klinten Project footprint and paving the way for a maiden drilling program planned for the June quarter of 2026. At its nearby Torsby West Project, the company has relogged and resampled historic Boliden drill core, with assay results expected in March 2026 to guide early-stage exploration, while approvals for the remaining Torsby West licence applications, Bockgruvan 100 and Kyrkskogen 100, are anticipated shortly, underscoring South Harz’s push to strengthen its copper-gold position in Europe’s critical minerals sector.
The most recent analyst rating on (AU:SHP) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on South Harz Potash Ltd stock, see the AU:SHP Stock Forecast page.
South Harz Potash has accelerated its shift to a multi-asset critical minerals portfolio by securing an option over the Glava 100 copper-gold-silver licence in Sweden, applying for adjacent Glava 200 and 300 areas and the nearby Klinten 100 licence to form the Glava-Klinten Project, and lodging further licences over the Torsby West corridor, creating two district-scale copper-gold opportunities. Early fieldwork at Glava 100 has validated historical data and identified a potentially mineralised copper-gold zone close to existing workings, including high-grade rock chip results and notable rare earth element mineralisation, while board changes – notably the appointment of experienced resources executive Christian Barbier – are intended to support execution of the company’s growth strategy in what management describes as a potentially transformative 2026.
The most recent analyst rating on (AU:SHP) stock is a Sell with a A$0.03 price target. To see the full list of analyst forecasts on South Harz Potash Ltd stock, see the AU:SHP Stock Forecast page.
South Harz Potash Limited has reported a change in the indirect interests of director Rory Luff, following the conversion of performance rights into ordinary securities on 30 January 2026. The transaction involved the acquisition of 266,667 securities and the disposal of an equivalent number, valued at $8,250, with Luff’s relevant interests held through associated entities listed in an accompanying schedule. The change was not conducted during a closed trading period, indicating adherence to ASX governance requirements and providing transparency to shareholders regarding director equity alignment and incentive structures.
The most recent analyst rating on (AU:SHP) stock is a Sell with a A$0.03 price target. To see the full list of analyst forecasts on South Harz Potash Ltd stock, see the AU:SHP Stock Forecast page.
South Harz Potash Limited has issued 533,334 fully paid ordinary shares and has notified the ASX that these were issued without a disclosure document under the relevant provisions of the Corporations Act. The company confirmed it is in compliance with its financial reporting and continuous disclosure obligations and that there is no excluded information that would need to be disclosed in connection with this share issue, signalling that the additional capital has been raised within the standard regulatory framework and without any undisclosed material developments.
The most recent analyst rating on (AU:SHP) stock is a Sell with a A$0.03 price target. To see the full list of analyst forecasts on South Harz Potash Ltd stock, see the AU:SHP Stock Forecast page.
South Harz Potash Ltd has applied for quotation on the ASX of 533,334 new fully paid ordinary shares, to be issued on 30 January 2026 following the exercise or conversion of existing options or other convertible securities. The modest capital increase signals ongoing shareholder participation in the company’s equity and may marginally enhance liquidity in its stock, while slightly expanding the company’s funding base for its potash-focused activities.
The most recent analyst rating on (AU:SHP) stock is a Sell with a A$0.03 price target. To see the full list of analyst forecasts on South Harz Potash Ltd stock, see the AU:SHP Stock Forecast page.
South Harz Potash has secured three of six newly applied-for copper-gold exploration licences in Sweden’s Värmland Province, advancing its European critical minerals growth strategy. The granted licences—Glava 200, Klinten 100 and Mangens 100—are contiguous with or near the existing Glava 100 licence obtained via an option agreement with Scandinavian partner McKnight Resources AB, forming part of a nearly 100 km² underexplored but prospective package where remaining applications are expected to be approved shortly. The rapid six-week approval timeframe underscores Sweden’s status as a top-tier mining jurisdiction and supports South Harz’s plan to broaden its portfolio beyond potash, with follow-up fieldwork and a maiden drill program at Glava targeted for the June 2026 quarter, signalling a pipeline of exploration activity and potential value creation for stakeholders over the coming years.
The most recent analyst rating on (AU:SHP) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on South Harz Potash Ltd stock, see the AU:SHP Stock Forecast page.
South Harz Potash has reported encouraging results from initial fieldwork at its Glava copper-gold project in Sweden, identifying a new potentially mineralised zone about 300 metres from historic workings and near the southern boundary of the Glava 100 licence. Rock chip sampling returned notable assays, including 9.88 g/t gold and 2.88% copper, with geochemical analyses showing a strong copper-gold correlation, while ground magnetic surveys suggest mineralisation trends south into the Glava 300 licence application area. The program also uncovered a high-grade rare earth element anomaly, with 9,513 ppm total REEs and a favourable neodymium-praseodymium ratio, adding further exploration upside. These results validate historical data, support the interpretation of an epithermal-style system, and underpin South Harz’s plans for follow-up fieldwork and a maiden drilling campaign at Glava targeted for the June quarter of 2026, reinforcing the strategic value of its recently expanded licence footprint in the region.
The most recent analyst rating on (AU:SHP) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on South Harz Potash Ltd stock, see the AU:SHP Stock Forecast page.
South Harz Potash Limited has announced the appointment of Christian Barbier as a director effective 13 January 2026, with an accompanying disclosure of his interests in the company’s securities in line with ASX requirements. Barbier holds no shares directly but is a beneficiary of the K&C Barbier Superannuation Fund, which holds 458,000 unlisted options exercisable at $0.058 and expiring on 13 January 2030, signalling potential future equity alignment while indicating no current contractual interests beyond these options.
The most recent analyst rating on (AU:SHP) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on South Harz Potash Ltd stock, see the AU:SHP Stock Forecast page.
South Harz Potash Ltd has notified the market of the issue of 458,000 unquoted options, exercisable at $0.058 and expiring on 13 January 2030. These unlisted securities, issued under previously announced arrangements and not intended to be quoted on the ASX, represent a form of long-term incentive or financing structure that may influence future capital structure and potential dilution for existing shareholders.
The most recent analyst rating on (AU:SHP) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on South Harz Potash Ltd stock, see the AU:SHP Stock Forecast page.
South Harz Potash Limited has announced the cessation of director Reinout Koopmans from the board as of 13 January 2026, lodging a final director’s interest notice with the ASX. The filing details Koopmans’ remaining holdings in the company, including more than 1.5 million fully paid ordinary shares, a range of unquoted options with various exercise prices and expiries extending to 2028, and performance rights expiring in 2029, underscoring that he retains a significant equity and incentive-linked exposure to the company despite stepping down from his directorship.
The most recent analyst rating on (AU:SHP) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on South Harz Potash Ltd stock, see the AU:SHP Stock Forecast page.
South Harz Potash Ltd has notified the ASX of a proposed issue of 458,000 unlisted options with an exercise price of $0.058 and an expiry date of 13 January 2030, to be issued on 13 January 2026 as part of a placement or other type of security issue. The move modestly expands the company’s capital structure through long-dated options, potentially aligning recipients with future share price performance and signaling ongoing capital management activities as the company advances its potash-focused strategy.
The most recent analyst rating on (AU:SHP) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on South Harz Potash Ltd stock, see the AU:SHP Stock Forecast page.
South Harz Potash has appointed seasoned resources executive Christian Barbier as a Non-Executive Director, bringing more than three decades of experience in critical and industrial mineral supply chains, including senior sales and marketing roles at lithium producer Allkem and mineral sands major Iluka Resources. His appointment, alongside the recent expansion into copper-gold-silver projects and multiple exploration licence applications, is designed to strengthen South Harz’s execution of its multi-asset critical minerals strategy and enhance its industry positioning, while long-serving Non-Executive Director Dr Reinout Koopmans steps down after playing a key role in the company’s transition from a single-asset potash player to a diversified critical minerals group.
The most recent analyst rating on (AU:SHP) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on South Harz Potash Ltd stock, see the AU:SHP Stock Forecast page.
South Harz Potash has lodged three exploration permit applications for the Torsby West Project in Sweden, securing a 6,300-hectare area along a 25km corridor of structurally controlled copper-gold-cobalt mineralisation. The area hosts multiple historical high-grade copper workings, including mined grades reportedly up to 7% copper, and 19 historic diamond drill holes available for re-logging, which together offer a cost-effective path to rapidly validate and refine exploration targets. This move establishes a second regionally significant IOCG opportunity alongside the company’s Glava holdings, materially scaling its Scandinavian copper-gold portfolio at a time of strong copper prices and heightened European focus on domestic critical minerals supply, reinforcing South Harz’s strategic positioning in a top-tier mining jurisdiction.
South Harz Potash Ltd has submitted applications for three new exploration licences in the Värmland Province, Sweden, through its partner McKnight Resources AB. These applications aim to expand the company’s copper-gold exploration strategy in the region, which is known for its geological potential. The new licences, Glava 200, Glava 300, and Klinten 100, cover a total of 3,041 hectares and are strategically positioned to enhance South Harz’s control over a potential district-scale mineral system. This move is part of the company’s broader European strategy to strengthen its portfolio with key metals crucial for global supply chains and the energy transition.