Surefire Resources NL (AU:SRN)
ASX:SRN
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Surefire Resources NL
(Sydney:SRN)
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Rating:42Neutral
Price Target:
AU$0.01
▲(0.00% Upside)
Action:ReiteratedDate:10/19/25
Surefire Resources NL receives an overall stock score of 42, driven primarily by weak financial performance (score: 38, weight: 0.5) due to severe unprofitability, declining revenue, and negative cash flows. Technical analysis (score: 50, weight: 0.3) is neutral due to limited data, while valuation (score: 45, weight: 0.2) remains uncertain without key metrics. The score reflects significant operational challenges and lack of positive catalysts.
Positive Factors
Low Leverage
Low leverage provides financial flexibility and reduces the risk of financial distress, which is beneficial for long-term stability.
Negative Factors
Declining Revenue
Declining revenue growth indicates challenges in market demand or operational execution, potentially impacting long-term financial sustainability.
Read all positive and negative factors
Positive Factors
Negative Factors
Low Leverage
Low leverage provides financial flexibility and reduces the risk of financial distress, which is beneficial for long-term stability.
Read all positive factors
Surefire Resources NL (SRN) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$6.04M
Dividend YieldN/A
Average Volume (3M)N/A
Price to Earnings (P/E)―
Beta (1Y)0.15
Revenue GrowthN/A
EPS Growth78.57%
CountryAU
Employees2
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)0.00
Shares Outstanding4,025,609,100
10 Day Avg. VolumeN/A
30 Day Avg. VolumeN/A
Financial Highlights & Ratios
PEG Ratio0.06
Price to Book (P/B)1.07
Price to Sales (P/S)7.65
P/FCF Ratio-1.53
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
Surefire Resources NL Business Overview & Revenue Model
Company Description
Surefire Resources NL explores for and reviews mineral tenement holdings in Western Australia. It explores for gold, copper, lead, silver, vanadium, and iron ore deposits. The company was formerly known as Black Ridge Mining NL and changed its nam...
How the Company Makes Money
Surefire Resources generates revenue primarily through the exploration and potential extraction of mineral resources. The company's revenue model is based on identifying and developing economically viable mining projects, which can be sold or oper...
Surefire Resources NL Financial Statement Overview
Summary
Income Statement
25
Negative
Balance Sheet
60
Neutral
Cash Flow
30
Negative
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 5.57K | 439.32K | 653.47K | 147.24K | 694.00 | 267.00 |
| Gross Profit | 5.57K | 439.32K | 653.47K | -36.52K | -34.40K | -6.88K |
| EBITDA | -2.58M | -2.49M | -3.06M | -3.54M | -2.43M | -3.23M |
| Net Income | -2.15M | -694.29K | -3.07M | -3.58M | -2.46M | -3.24M |
Balance Sheet | ||||||
| Total Assets | 13.73M | 13.17M | 14.48M | 5.54M | 5.26M | 3.61M |
| Cash, Cash Equivalents and Short-Term Investments | 766.76K | 312.83K | 1.49M | 1.49M | 5.07M | 3.36M |
| Total Debt | 199.41K | 43.72K | 115.76K | 184.30K | 43.39K | 112.89K |
| Total Liabilities | 9.51M | 10.04M | 12.33M | 4.01M | 574.70K | 701.62K |
| Stockholders Equity | 4.22M | 3.14M | 2.15M | 1.53M | 4.69M | 2.91M |
Cash Flow | ||||||
| Free Cash Flow | -1.46M | -2.20M | -3.12M | -3.55M | -2.34M | -2.39M |
| Operating Cash Flow | -1.11M | -1.39M | -1.68M | -1.56M | -1.07M | -984.67K |
| Investing Cash Flow | -799.03K | -809.68K | -1.52M | -2.45M | -1.30M | -1.47M |
| Financing Cash Flow | 2.10M | 1.03M | 3.19M | 420.73K | 4.09M | 5.62M |
Surefire Resources NL 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% | |
44 Neutral | AU$13.27M | -3.15 | -380.81% | ― | ― | -32.39% | |
44 Neutral | AU$5.21M | -1.32 | -20.21% | ― | ― | 91.79% | |
43 Neutral | AU$35.38M | -2.08 | -112.37% | ― | ― | 24.25% | |
42 Neutral | AU$6.04M | -1.86 | -26.26% | ― | ― | 78.57% | |
42 Neutral | AU$9.54M | -1.85 | -21.57% | ― | ― | -114.29% | |
41 Neutral | AU$12.37M | -67.88 | -27.21% | ― | ― | -563.16% |
* Basic Materials Sector Average
AU:SRN
Surefire Resources NL
―
―
―
AU:CR1
Constellation Resources Ltd.
0.17
>-0.01
-2.94%
AU:CPN
Caspin Resources Ltd.
0.12
0.05
81.82%
AU:CTN
Shree Minerals Limited
0.07
0.02
45.65%
AU:DM1
Desert Metals Ltd.
0.01
-0.01
-50.00%
AU:CAZ
Cazaly Resources Limited
0.02
<0.01
5.00%
Surefire Resources NL Corporate Events
Surefire Resources Finds High-Grade Gold at Yidby Project
Dec 18, 2025
Surefire Resources NL has announced promising assay results from drilling at its Yidby Gold Project, revealing high-grade gold mineralisation across broad intersections. With gold prices maintaining high levels, these findings demonstrate the proj...
Surefire Resources NL Passes All AGM Resolutions
Nov 26, 2025
Surefire Resources NL announced that all resolutions presented at their Annual General Meeting were successfully passed, including a special resolution requiring a 75% majority. The approval of these resolutions, particularly the 7.1A Mandate, sig...
Surefire Resources NL Highlights Exploration Progress at AGM
Nov 26, 2025
Surefire Resources NL has released its Annual General Meeting presentation, highlighting its ongoing exploration and development activities. The company emphasizes the competence of its team in evaluating mineral resources, particularly in the Vic...
Surefire Resources NL Confirms Stability in Mineral Resource Estimates
Nov 18, 2025
Surefire Resources NL has confirmed that there is no new information or data that materially affects the previous market announcements related to its mineral resources. The company assures that all material assumptions and technical parameters und...
Surefire Resources Clarifies Impact of MOU Lapses on Victory Bore Project
Nov 14, 2025
Surefire Resources NL responded to an ASX inquiry regarding the lapse of the Ajlan MOU and the termination of the RASI MOU, both related to the Victory Bore Project. The company clarified that these non-binding agreements were not expected to have...
Surefire Resources Advances Yidby Gold Project with Promising Results
Oct 31, 2025
Surefire Resources NL has reported significant progress in its Yidby Gold Project for the quarter ending September 2025. The project, situated in a promising geological setting near Perth, shows potential for a large porphyry gold system at depth,...
Surefire Resources NL Announces 2025 AGM Details
Oct 30, 2025
Surefire Resources NL has announced that its Annual General Meeting (AGM) will take place on 26 November 2025 at The Park Business Centre in West Perth, WA. The company will not send physical copies of the Notice of Meeting and Explanatory Stateme...
Surefire Resources NL Announces Quotation of New Securities
Oct 15, 2025
Surefire Resources NL has announced the application for quotation of 11,400,000 securities, which are options expiring on July 11, 2027. This move is part of previously announced transactions and reflects the company’s strategic efforts to s...
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.