Strike Resources Limited (AU:SRK)
ASX:SRK
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Strike Resources Limited
(Sydney:SRK)
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Rating:44Neutral
Price Target:
AU$0.03
▼(-25.00% Downside)
Action:ReiteratedDate:03/20/26
The score is primarily held down by weak financial performance—recurring operating losses and persistent negative operating/free cash flow—despite a currently low-debt balance sheet. Technicals are also soft with price below major moving averages and negative MACD. Valuation looks optically cheap on P/E, but fundamentals limit how supportive that is.
Positive Factors
Low leverage / zero debt
Having no reported debt in FY2025 materially reduces near-term default risk and interest burden, preserving financial flexibility. For an exploration/development company this provides runway to fund project advancement or seek partners without immediate debt refinancing pressure, supporting strategic optionality.
Negative Factors
Persistent negative cash flow
Consistent negative operating and free cash flows indicate the business is not self-funding its activities and requires external capital to sustain exploration and development. Over the medium term this raises the likelihood of dilution, asset disposals, or curtailed programs if financing options tighten, impairing project progress.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage / zero debt
Having no reported debt in FY2025 materially reduces near-term default risk and interest burden, preserving financial flexibility. For an exploration/development company this provides runway to fund project advancement or seek partners without immediate debt refinancing pressure, supporting strategic optionality.
Read all positive factors
Strike Resources Limited (SRK) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$8.80M
Dividend YieldN/A
Average Volume (3M)231.51K
Price to Earnings (P/E)0.2
Beta (1Y)1.64
Revenue GrowthN/A
EPS Growth-474.07%
CountryAU
Employees7
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)0.04
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
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 projec...
How the Company Makes Money
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Strike Resources Limited Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
52
Neutral
Cash Flow
14
Very Negative
| Breakdown | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 9.64M | 0.00 |
| Gross Profit | -22.18K | -40.09K | -84.26K | -2.65M | -9.05K |
| EBITDA | -3.10M | 2.36M | -1.37M | -4.17M | 4.22M |
| Net Income | -2.87M | 754.52K | -6.88M | -4.59M | 3.86M |
Balance Sheet | |||||
| Total Assets | 4.60M | 7.86M | 19.61M | 21.62M | 18.64M |
| Cash, Cash Equivalents and Short-Term Investments | 3.88M | 6.72M | 2.64M | 4.21M | 6.69M |
| Total Debt | 0.00 | 0.00 | 11.99M | 7.05M | 0.00 |
| Total Liabilities | 821.34K | 1.15M | 13.83M | 9.50M | 2.16M |
| Stockholders Equity | 3.78M | 6.70M | 5.78M | 12.12M | 16.47M |
Cash Flow | |||||
| Free Cash Flow | -3.20M | -3.26M | -17.99M | -8.59M | -5.06M |
| Operating Cash Flow | -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 | -12.99M | 4.13M | 5.55M | 8.54M |
Strike Resources Limited Technical Analysis
Negative
0.04
Price Trends
0.04
Negative
0.04
Negative
0.04
Negative
Market Momentum
>-0.01
Positive
4.70
Positive
<0.01
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:SRK, the sentiment is Negative. The current price of 0.04 is above the 20-day moving average (MA) of 0.04, below the 50-day MA of 0.04, and above the 200-day MA of 0.04, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 4.70 is Positive, neither overbought nor oversold. The STOCH value of <0.01 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:SRK.
Strike Resources Limited Peers Comparison
UnderperformOutperform
Sector (61)
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% | |
46 Neutral | AU$10.51M | -5.00 | -18.69% | ― | ― | 65.00% | |
44 Neutral | AU$8.80M | 0.23 | 108.54% | ― | ― | -474.07% | |
44 Neutral | AU$13.27M | -3.15 | -380.81% | ― | ― | -32.39% | |
43 Neutral | AU$64.38M | -9.00 | 9.42% | ― | -100.00% | ― | |
42 Neutral | AU$106.94M | -0.81 | -99.87% | ― | ― | -620.20% | |
42 Neutral | AU$9.54M | -1.85 | -21.57% | ― | ― | -114.29% |
* Basic Materials Sector Average
AU:SRK
Strike Resources Limited
0.03
>-0.01
-8.82%
AU:CUF
CuFe Limited
0.04
0.03
270.00%
AU:CR1
Constellation Resources Ltd.
0.17
>-0.01
-2.94%
AU:RML
Resolution Minerals Ltd.
0.05
0.04
410.00%
AU:NAE
New Age Exploration Limited
―
―
―
AU:CTN
Shree Minerals Limited
0.07
0.02
45.65%
Strike Resources Limited Corporate Events
Strike Resources Sells Minority Apurimac Stake to JEL to Fund Mine Restart
Mar 17, 2026
Strike Resources has agreed to sell an indirect 28.52% stake in its Peruvian subsidiary Apurimac Ferrum S.A.C., owner of the Apurimac Iron Ore Project, to international iron ore trader JE United for A$5.5 million in cash, lifting JEL’s inter...
Strike Resources Halts Trading Ahead of Apurimac Iron Ore Transaction Update
Mar 15, 2026
Strike Resources has requested a trading halt in its shares on the ASX pending a market announcement concerning a corporate transaction involving a partial disposal of its Apurimac Iron Ore Project. Trading in SRK securities will remain halted unt...
Strike Resources Files Half-Year Report for 31 December 2025
Mar 15, 2026
Strike Resources Limited has released its half-year report for the period ended 31 December 2025, providing investors with updated financial statements, directors’ commentary and details of its mineral concessions and JORC mineral resources....
Strike Signs Port MOU to Advance Apurímac Iron Ore Export Plans
Jan 28, 2026
Strike Resources has signed a non-binding memorandum of understanding with Peruvian port developer Naviera Petral S.A. to secure future port services at the proposed San Nicolas deep-water port on Peru’s southern coast for exports from its A...
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.