Sunstone Metals Limited (AU:STM)
ASX:STM
Want to see AU:STM full AI Analyst Report?
Top Page
Sunstone Metals Limited
(Sydney:STM)
Select Model
Select Model
Rating:48Neutral
Price Target:
AU$0.34
â–¼(-0.88% Downside)
Action:Reiterated
Date:04/25/26
The score is held back primarily by weak operating fundamentals (no revenue, losses, and negative free cash flow). A conservatively financed balance sheet provides some support, while technicals are neutral and valuation lacks support due to negative earnings and no dividend.
Positive Factors
Conservative Balance Sheet
Near-zero leverage and a conservatively financed balance sheet provide durable financial flexibility to fund multi-stage exploration programs, withstand commodity cycles, and access capital on better terms, reducing short-term solvency pressure while advancing projects.
Negative Factors
Pre-revenue Operations
Operating with no revenue means the business cannot self-fund exploration or demonstrate project cash generation; progress depends on successful discoveries and external capital, lengthening the path to sustainable cash flow and raising execution risk over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative Balance Sheet
Near-zero leverage and a conservatively financed balance sheet provide durable financial flexibility to fund multi-stage exploration programs, withstand commodity cycles, and access capital on better terms, reducing short-term solvency pressure while advancing projects.
Read all positive factors
Sunstone Metals Limited (STM) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$78.27M
Dividend YieldN/A
Average Volume (3M)12.11M
Price to Earnings (P/E)―
Beta (1Y)0.24
Revenue GrowthN/A
EPS Growth40.68%
CountryAU
Employees38
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)-0.01
Shares Outstanding226,876,510
10 Day Avg. Volume10,224,465
30 Day Avg. Volume12,107,473
Financial Highlights & Ratios
PEG Ratio1.10K
Price to Book (P/B)0.81
Price to Sales (P/S)0.00
P/FCF Ratio-6.87K
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$1.53Price Target Upside348.53% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)-0.01
Revenue Forecast (FY)N/A
Sunstone Metals Limited Business Overview & Revenue Model
Company Description
Sunstone Metals Limited engages in the exploration and evaluation of gold and copper properties. It holds 87.5% interests in the Bramaderos project covering 4,959 hectares located in Loja Province, southern Ecuador; and 70% interests in the El Pal...
How the Company Makes Money
Sunstone Metals Limited’s primary economic model is exploration and project advancement rather than steady operating revenue from producing mines. null...
Sunstone Metals Limited Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
72
Positive
Cash Flow
28
Negative
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -8.59K | -36.62K | -78.53K | -76.06K | -68.82K | -66.92K |
| EBITDA | -2.30M | ― | -2.19M | -1.79M | -2.79M | 2.96M |
| Net Income | -2.27M | -2.41K | -2.29M | -1.88M | -2.87M | 3.23M |
Balance Sheet | ||||||
| Total Assets | 102.46M | 95.06M | 85.99M | 80.05M | 68.81M | 44.13M |
| Cash, Cash Equivalents and Short-Term Investments | 7.92M | 2.74M | 2.78M | 10.59M | 25.70M | 12.17M |
| Total Debt | 0.00 | 0.00 | 78.40K | 32.58K | 72.48K | 108.38K |
| Total Liabilities | 786.13K | 935.51K | 2.07M | 1.91M | 2.44M | 796.48K |
| Stockholders Equity | 100.80M | 93.26M | 83.04M | 77.27M | 65.50M | 42.46M |
Cash Flow | ||||||
| Free Cash Flow | -2.53M | -10.97K | -15.87M | -26.85M | -15.69M | -8.50M |
| Operating Cash Flow | -2.43M | -2.96K | -1.41M | -1.75M | 3.03M | -1.31M |
| Investing Cash Flow | -5.84M | -8.01K | -14.45M | -23.19M | -12.51M | 9.83M |
| Financing Cash Flow | 14.15M | 11.05K | 8.24M | 11.31M | 21.30M | -30.91K |
Sunstone Metals 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% | |
49 Neutral | AU$101.59M | 111.61 | -5.62% | ― | ― | 35.64% | |
48 Neutral | AU$78.27M | -32.51 | -2.34% | ― | ― | 40.68% | |
45 Neutral | AU$81.52M | -3.56 | -30.57% | ― | ― | 40.51% | |
44 Neutral | AU$66.68M | -4.57 | -59.10% | ― | ― | 30.43% | |
44 Neutral | AU$44.23M | -2.02 | -25.27% | ― | ― | -31.13% | |
44 Neutral | AU$74.83M | -3.59 | -16.40% | ― | ― | -216.53% |
* Basic Materials Sector Average
AU:STM
Sunstone Metals Limited
0.34
-0.05
-12.82%
AU:CRI
Venture Minerals Limited
0.02
<0.01
37.50%
AU:LM8
Lunnon Metals Limited
0.36
0.13
60.00%
AU:JLL
Jindalee Resources Limited
0.40
-0.09
-18.86%
AU:EMH
European Metals Holdings Limited
0.33
0.11
51.16%
AU:OCN
Oceana Lithium Ltd.
0.50
0.47
1415.15%
Sunstone Metals Limited Corporate Events
Sunstone retracts Bramaderos forecasts after ASX scrutiny
May 11, 2026
Sunstone Metals has retracted all production targets and forecast financial information previously released for its Bramaderos gold-copper project, after the ASX advised the company it lacked a reasonable basis for forward-looking statements that ...
Sunstone defends disclosure timing after share price surge
May 5, 2026
Sunstone Metals has responded to an ASX query about recent share price movements ahead of the release of its Bramaderos Gold-Copper Project scoping study. The company confirmed that the scoping study outcomes are materially price-sensitive and sta...
Sunstone drills broad gold-copper zones to grow Bramaderos resource in Ecuador
May 3, 2026
Sunstone Metals has reported strong assay results from the third and fourth holes of its current drilling campaign at the Copete-Porotillo porphyry complex within the Bramaderos Gold-Copper Project in southern Ecuador. The holes returned broad min...
Sunstone targets resource growth and partnerships at Ecuador gold-copper projects
Apr 30, 2026
Sunstone Metals reported further progress at its Bramaderos gold-copper project, where the current 3.6Moz AuEq resource is confined to pit-constrained Brama-Alba-Melonal deposits, leaving substantial upside from a broader exploration target of 5&#...
Sunstone Metals Seeks Quotation for Additional Ordinary Shares on ASX
Apr 24, 2026
Sunstone Metals has applied to the ASX for quotation of 76,667 new ordinary fully paid shares, to be issued on 24 April 2026. The additional securities arise from the exercise or conversion of existing options or other convertible instruments, sli...
Sunstone Metals to Host Investor Webinar on Bramaderos Scoping Study
Apr 20, 2026
Sunstone Metals has scheduled a live investor webinar for April 22, 2026, to discuss the recently completed Scoping Study on its Bramaderos Gold-Copper Project. The session, led by Managing Director Patrick Duffy, will outline key results from the...
Sunstone outlines preliminary economics and funding needs for Bramaderos gold-copper project
Apr 20, 2026
Sunstone Metals has released a scoping study assessing the potential open-pit development of its Bramaderos Gold-Copper Project in Ecuador, describing it as a preliminary technical and economic evaluation prepared to industry-standard accuracy and...
Sunstone Scoping Study Points to Long-Life, High-Margin Bramaderos Gold-Copper Mine
Apr 20, 2026
Sunstone Metals has released a scoping study for its Bramaderos gold-copper project in Ecuador, outlining a conventional single open pit operation feeding a 10Mtpa plant over an initial 23-year mine life. Based on a 3.6Moz gold-equivalent resource...
Sunstone Metals outlines multi-decade gold-copper exploration ambitions
Apr 15, 2026
Sunstone Metals has released an investor presentation outlining its strategy to define long-life gold-copper projects aimed at creating multi-decade production potential. The company emphasises the speculative nature of mineral exploration and urg...
Sunstone hits wide gold-copper zones as Bramaderos drilling targets resource growth
Apr 13, 2026
Sunstone Metals has reported strong initial drilling results from its new 5,000m program at the Copete-Porotillo porphyry complex within the Bramaderos Gold-Copper Project in southern Ecuador. The campaign is designed to expand the existing 3.6-mi...
Sunstone Metals Seeks ASX Quotation for New Ordinary Shares
Mar 25, 2026
Sunstone Metals has applied to the ASX for quotation of 34,734 new ordinary fully paid shares, with an issue date of 18 March 2026. The relatively small share issuance, arising from the exercise or conversion of existing securities, represents a r...
Sunstone director Patrick Duffy increases stake via placement participation
Mar 17, 2026
Sunstone Metals has disclosed a change in director Patrick Duffy’s interests following his participation in a recent capital raising. Duffy increased his total holding to 1,230,943 ordinary shares, alongside existing unquoted options and per...
Sunstone Metals issues new shares and affirms disclosure compliance
Mar 13, 2026
Sunstone Metals Limited has issued 140,352 fully paid ordinary shares on 12 March 2026, following shareholder approval granted at a general meeting on 23 February 2026. The company states this share issue was completed without a prospectus under t...
Sunstone Metals Seeks ASX Quotation for Additional Ordinary Shares
Mar 13, 2026
Sunstone Metals Ltd has applied for quotation on the ASX of 140,352 ordinary fully paid shares, with an issue date of 12 March 2026. The new securities form part of previously announced transactions and their quotation will modestly expand the com...
Sunstone Metals Seeks ASX Quotation for Additional Ordinary Shares
Mar 13, 2026
Sunstone Metals Ltd has applied for quotation on the ASX of 2,000 additional ordinary fully paid shares, following the issue of these securities on 6 March 2026. The small increase in quoted capital reflects routine equity administration, with lim...
Sunstone expands Porotillo mineralisation as Bramaderos drilling ramps up
Mar 10, 2026
Sunstone Metals has reported a 462m trench intersection grading 0.55 g/t gold-equivalent at the Porotillo discovery within its Bramaderos gold-copper project in southern Ecuador, significantly expanding the known footprint of surface mineralisatio...
Sunstone Metals Completes 30-for-1 Share Consolidation to Streamline Capital Structure
Mar 6, 2026
Sunstone Metals Limited has completed a 30-for-1 share consolidation approved by shareholders in late February, resulting in 226,622,757 fully paid ordinary shares on issue along with unquoted options and performance rights. The move is aimed at c...
Sunstone sharpens Bramaderos disclosure as Porotillo trenching bolsters growth ambitions
Feb 27, 2026
Sunstone Metals has amended a recent announcement on its Bramaderos Project in southern Ecuador to include required technical disclosure for historical drilling at the Porotillo prospect, while confirming that these legacy drill data are not yet p...
Sunstone Metals Wins Approval for 30-for-1 Share Consolidation
Feb 23, 2026
Sunstone Metals has secured shareholder approval for a 30-for-1 consolidation of its share capital, effective 23 February 2026. The restructuring reduces its ordinary shares from 6.8 billion to about 226.6 million, and similarly consolidates unlis...
Sunstone Metals Shareholders Back Placement, Director Issuances and Capital Consolidation
Feb 23, 2026
Sunstone Metals Limited has reported that all resolutions put to shareholders at its 23 February 2026 general meeting were passed by poll, reflecting strong investor support for the board’s proposals. The resolutions included ratification of...
Sunstone Metals Seeks ASX Quotation for 2 Million New Shares
Feb 19, 2026
Sunstone Metals Ltd has applied to the ASX for quotation of 2,000,000 additional ordinary fully paid shares, with the securities issued on 17 February 2026. The new shares arise from the exercise or conversion of existing options or other converti...
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.