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Strike Resources Limited (AU:SRK)
ASX:SRK
SRK Stock Chart & Stats
AU$0.04
>-AU$0.01(-6.67%)
At close: 4:00 PM EST
AU$0.04
>-AU$0.01(-6.67%)
Day’s Range― - ―
52-Week RangeAU$0.03 - AU$0.05
Previous CloseN/A
Volume117.00K
Average Volume (3M)231.51K
Market Cap
AU$12.20M
Enterprise ValueAU$8.37M
Total Cash (Recent Filing)AU$3.88M
Total Debt (Recent Filing)AU$0.00
Price to Earnings (P/E)―
Beta1.51
Next Earnings
Mar 13, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding283,750,000
10 Day Avg. Volume177,359
30 Day Avg. Volume231,511
Financial Highlights & Ratios
PEG Ratio<0.01
Price to Book (P/B)2.10
Price to Sales (P/S)0.00
P/FCF Ratio-2.49
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
Bulls Say, Bears Say
Bulls Say
Low Leverage / No DebtA zero-debt balance sheet reduces near-term financial risk and interest burden, giving management flexibility to prioritize exploration, pursue joint ventures or asset sales, and negotiate financings from a position of less leverage. This structural cushion helps survival during prolonged cash burn while strategic options are evaluated.
Exposure To Lithium And Iron Ore ProjectsHolding lithium and iron ore projects aligns the company with durable demand drivers: lithium benefits from long-term electrification and battery trends; iron ore remains central to steel production. This commodity mix provides structural upside if project advancement or JV/asset sale captures long-term commodity secular growth.
Lean Operating StructureA very small workforce implies a capital-light, low fixed-cost exploration model that can stretch limited cash reserves longer than larger operators. This lean structure supports nimble project re-prioritization, lowers ongoing burn, and makes management better able to conserve capital while pursuing selective value-accretive deals.
Bears Say
Persistent Negative Operating Cash FlowConsistent negative operating and free cash flow indicates the business is not self-funding and must rely on external capital to continue. Over months this erodes optionality: recurring cash burn forces dilution, restricts exploration progress, and increases execution risk if new funding or asset disposals are delayed or unavailable.
No Recurring Operating RevenueA lack of stable operating revenue means results depend on one-off items or financing outcomes, not repeatable operations. This undermines earnings quality, makes forecasting and project financing harder, and raises the probability that future value depends on asset disposals or successful JV deals rather than organic cash generation.
Erosion Of Equity And Volatile Capital StructureA material decline in equity and past leverage spikes signal financing instability and cumulative losses. Reduced equity cushions limit the company's capacity to absorb further write-downs or fund development, increasing the likelihood of dilutive raisings or distressed asset sales if operating losses persist over the medium term.
Strike Resources Limited News
SRK FAQ
What was Strike Resources Limited’s price range in the past 12 months?
Strike Resources Limited lowest share price was AU$0.03 and its highest was AU$0.05 in the past 12 months.
What is Strike Resources Limited’s market cap?
Strike Resources Limited’s market cap is AU$12.20M.
When is Strike Resources Limited’s upcoming earnings report date?
Strike Resources Limited’s upcoming earnings report date is Mar 13, 2026 which is in 3 days.
How were Strike Resources Limited’s earnings last quarter?
Strike Resources Limited released its earnings results on Sep 19, 2025. The company reported -AU$0.006 earnings per share for the quarter, missing the consensus estimate of N/A by -AU$0.006.
Is Strike Resources Limited overvalued?
According to Wall Street analysts Strike Resources Limited’s price is currently Overvalued.
Does Strike Resources Limited pay dividends?
Strike Resources Limited does not currently pay dividends.
What is Strike Resources Limited’s EPS estimate?
Strike Resources Limited’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Strike Resources Limited have?
Strike Resources Limited has 283,750,000 shares outstanding.
What happened to Strike Resources Limited’s price movement after its last earnings report?
Strike Resources Limited reported an EPS of -AU$0.006 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went same 0%.
Which hedge fund is a major shareholder of Strike Resources Limited?
Currently, no hedge funds are holding shares in AU:SRK
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Strike Resources Limited Stock Smart Score
Neutral
1
2
3
4
5
6
7
8
9
10
Technicals
SMA
Positive
20 days / 200 days
Momentum
20.00%
12-Months-Change
Fundamentals
Return on Equity
-54.84%
Trailing 12-Months
Asset Growth
-41.39%
Trailing 12-Months
Company Description
Strike Resources Limited
Strike Resources Limited operates as a mineral exploration company in Australia, Argentina, and Peru. The company primarily explores for iron ore, graphite, gold, and lithium deposits. Its flagship project is the Apurimac magnetite iron ore project covering an area of approximately 72,800 hectares located in the Southern Highlands of Peru. The company was incorporated in 1999 and is based in West Perth, Australia.
Technical Analysis
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