Strike Resources Limited (SRK) AI Stock Analysis

• Market Cap: AU$11.07M
• Dividend Yield: N/A
• Average Volume (3M): 231.51K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.51
• Revenue Growth: N/A
• EPS Growth: -474.07%
• Country: AU
• Employees: 7
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): >-0.01
• Shares Outstanding: 283,750,000
• 10 Day Avg. Volume: 177,359
• 30 Day Avg. Volume: 231,511
• 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 Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 46 Neutral
• Price Target: AU$0.04 ▲(0.00% Upside)

The score is primarily held back by weak financial performance—persistent operating losses and ongoing cash burn—despite a currently low-debt balance sheet. Technicals are mildly constructive, but valuation is constrained by losses (negative P/E) and no dividend support provided.

Positive Factors

Low Debt Levels

Having no debt reduces financial risk and provides flexibility in capital allocation, allowing the company to focus on growth and strategic investments.

Corporate Governance

Strong shareholder support and adherence to governance principles can enhance strategic initiatives and investor confidence, supporting long-term stability.

Digital Transformation

Adopting digital communication methods aligns with industry trends, potentially improving operational efficiency and stakeholder engagement.

Negative Factors

Persistent Operating Losses

Ongoing losses indicate weak profitability and earnings quality, challenging the company's ability to sustain operations without external funding.

Cash Flow Concerns

Consistently negative cash flow highlights cash burn issues, limiting the company's ability to self-fund projects and requiring reliance on external capital.

Equity Erosion

Significant equity reduction reflects financial strain and limits resilience, potentially impacting the company's ability to weather market fluctuations.

Strike Resources Limited Business Overview & Revenue Model

Company Description

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.

How the Company Makes Money

Strike Resources Limited generates revenue primarily through the extraction and sale of iron ore. The company's key revenue stream comes from its flagship projects, such as the Apurimac Iron Ore Project in Peru, which boasts high-grade iron ore deposits. The company also explores and develops other mineral resources that contribute to its earnings. Significant partnerships with local and international stakeholders facilitate the export and sale of these minerals to global markets. Additionally, Strike Resources may enter into joint ventures or strategic alliances to enhance its mining operations and expand its market reach, further contributing to its revenue.

Strike Resources Limited Financial Statement Overview

Summary

Strike Resources Limited faces significant financial challenges. The income statement shows no revenue growth and profitability issues. The balance sheet is stable with no debt but shows a concerning asset reduction. Cash flows are erratic with negative free cash flow, indicating operational inefficiencies. Strategic shifts are needed for revenue generation and operational efficiency improvements.

Income Statement

Strike Resources Limited has displayed consistent revenue challenges, with total revenue at zero for several years and a declining gross profit margin. The net profit margin improved recently due to a positive net income in the latest report, but this is an anomaly in an otherwise loss-making trend. The company has not been able to generate significant revenue, which poses a risk to long-term profitability.

Balance Sheet

The balance sheet shows a strong equity position with a debt-to-equity ratio of zero, which indicates no leverage risk. However, the return on equity is inconsistent, and the equity ratio has been declining, reflecting a shrinking asset base. While the lack of debt is a positive, the company has limited growth without leveraging its financial position.

Cash Flow

Cash flow analysis shows negative free cash flow over multiple periods, indicating ongoing financial constraints. Although the recent increase in cash and equivalents is positive, it may not be sustainable given the fluctuating operating cash flows. The company needs to improve operational efficiency to stabilize cash flows.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	9.64M	0.00
Gross Profit	-22.18K	-22.18K	-40.09K	-84.26K	-2.65M	-9.05K
EBITDA	-3.10M	-3.10M	2.36M	-1.37M	-4.17M	4.22M
Net Income	-2.87M	-2.87M	754.52K	-6.88M	-4.59M	3.86M
Balance Sheet
Total Assets	4.60M	4.60M	7.86M	19.61M	21.62M	18.64M
Cash, Cash Equivalents and Short-Term Investments	3.88M	3.88M	6.72M	2.64M	4.21M	6.69M
Total Debt	0.00	0.00	0.00	11.99M	7.05M	0.00
Total Liabilities	821.34K	821.34K	1.15M	13.83M	9.50M	2.16M
Stockholders Equity	3.78M	3.78M	6.70M	5.78M	12.12M	16.47M
Cash Flow
Free Cash Flow	-3.19K	-3.20M	-3.26M	-17.99M	-8.59M	-5.06M
Operating Cash Flow	-3.18K	-3.18M	-2.83M	-2.39M	-1.92M	-4.65M
Investing Cash Flow	―	308.94K	19.94M	-4.22M	-6.40M	-407.54K
Financing Cash Flow	0.00	0.00	-12.99M	4.13M	5.55M	8.54M

Strike Resources Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.04
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:SRK, the sentiment is Positive. The current price of 0.04 is below the 20-day moving average (MA) of 0.04, above the 50-day MA of 0.04, and above the 200-day MA of 0.04, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 57.53 is Neutral, neither overbought nor oversold. The STOCH value of 80.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:SRK.

Strike Resources Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
SRK	46 Neutral	AU$11.07M	-3.86	-54.84%	―	―	-474.07%
NAE	46 Neutral	AU$16.82M	―	-28.26%	―	―	65.00%
CUF	45 Neutral	AU$60.44M	6.73	9.42%	―	-100.00%	―
CTN	45 Neutral	AU$9.71M	-2.25	-40.27%	―	―	-114.29%
RML	43 Neutral	AU$100.97M	-0.70	-200.54%	―	―	-620.20%
CR1	42 Neutral	AU$12.86M	-3.40	-213.82%	―	―	-32.39%

Strike Resources Limited Corporate Events

Strike Resources Reports Successful AGM with All Resolutions Passed

Strike Resources Limited announced the results of its 2025 Annual General Meeting, where all proposed resolutions were passed. Key resolutions included the adoption of the Remuneration Report, approval of the Employee Awards Plan, and the re-election of Victor Ho as Director. The outcomes reflect strong shareholder support, which may positively impact the company’s governance and strategic initiatives.

Strike Resources Limited Updates Business Address

Strike Resources Limited has announced a change in its registered office and principal place of business address to Level 28, Mia Yellagonga Tower 3, 1 Spring Street, Perth, Western Australia, effective from 18 November 2025. This change is part of the company’s operational updates, and all contact numbers remain the same, ensuring continuity in communication for stakeholders.

Strike Resources Limited Releases 2025 Corporate Governance Statement

Strike Resources Limited has released its Corporate Governance Statement for the financial year ending June 30, 2025, which is available on their website. The statement, approved by the Board, outlines the company’s adherence to the ASX Corporate Governance Council’s principles and recommendations, indicating full compliance in several key areas. This disclosure is part of the company’s commitment to transparency and accountability, potentially enhancing its reputation among stakeholders and aligning with industry standards.

Strike Resources Limited Releases 2025 Corporate Governance Statement

Strike Resources Limited has released its Corporate Governance Statement for the 2024/2025 financial year, detailing its adherence to the ASX Corporate Governance Principles and Recommendations. The company emphasizes its commitment to high standards of corporate governance, with a focus on transparency and accountability. While most of the ASX Recommendations are followed, the company has identified a few exceptions that it believes do not negatively impact its operations or shareholder interests. The Board of Directors is responsible for the overall governance and strategic direction of the company, with specific roles delegated to senior management for day-to-day operations.

Strike Resources Limited Releases 2025 Annual Report Highlighting Apurímac Project

Strike Resources Limited has released its annual report for the year ending June 30, 2025. The report outlines the company’s financial performance, corporate governance, and project developments, particularly focusing on the Apurímac Iron Ore Project in Peru. This release provides stakeholders with insights into the company’s operational strategies and financial health, potentially impacting its market positioning and investor relations.

Strike Resources Announces AGM and Digital Communication Strategy

Strike Resources Limited has announced its upcoming Annual General Meeting (AGM) scheduled for November 27, 2025, in West Perth, Australia. The company has outlined the communication methods for shareholders to access the Notice of AGM and Annual Report, emphasizing the use of digital platforms for voting and document access. This move highlights the company’s efforts to streamline shareholder communications and enhance engagement through digital means, potentially impacting its operational transparency and stakeholder relations.

Strike Resources Limited Announces 2025 Annual General Meeting

Strike Resources Limited has announced its Annual General Meeting (AGM) scheduled for November 27, 2025, in West Perth, Western Australia. The AGM will address the company’s 2025 Annual Report, including the Directors’ Report, Financial Report, and Audit Report. Additionally, shareholders will consider a non-binding resolution on the adoption of the Remuneration Report. The announcement underscores the company’s commitment to transparency and stakeholder engagement, with implications for governance and investor relations.

Strike Resources Announces AGM Schedule and Updates Communication Preferences

Strike Resources Limited has announced the schedule for its Annual General Meeting (AGM), set for November 27, 2025, in Perth, Australia. The company is also updating its communication preferences with shareholders, emphasizing digital communication through email and an online portal, while still accommodating those preferring hard copies. This move reflects a broader industry trend towards digital transformation, potentially enhancing shareholder engagement and operational efficiency.

Strike Resources Limited Releases Full-Year Financial Report

Strike Resources Limited has released its full-year report for the period ending June 30, 2025. The report includes the Directors’ Report, Auditor’s Independence Declaration, and various financial statements. This comprehensive document provides insights into the company’s financial health and operational performance over the past year, which is crucial for stakeholders to assess its market positioning and future prospects.