Southern Hemisphere Mining Limited (SUH) AI Stock Analysis

• Market Cap: AU$22.82M
• Dividend Yield: N/A
• Average Volume (3M): 638.67K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.40
• Revenue Growth: N/A
• EPS Growth: 36.67%
• Country: AU
• Employees: 3
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): >-0.01
• Shares Outstanding: 736,240,050
• 10 Day Avg. Volume: 375,141
• 30 Day Avg. Volume: 638,669
• PEG Ratio: 0.24
• Price to Book (P/B): 20.80
• Price to Sales (P/S): 2445.26
• P/FCF Ratio: -8.28
• 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: 48 Neutral
• Price Target: AU$0.03 ▲(3.33% Upside)
• Action: Reiterated Date: 01/07/26
• Date: Action: Reiterated 01/07/26

The score is held down primarily by weak financial performance (ongoing losses, heavy cash burn, and a shrinking equity base despite low leverage). Technicals provide partial support as the stock is above major moving averages with moderately strong RSI, but momentum is not fully confirmed (MACD slightly negative). Valuation is limited by negative earnings and no dividend yield data.

Positive Factors

Low leverage / zero debt

Zero reported total debt in FY2025 materially reduces refinancing and interest-rate risk, preserving financial flexibility to fund exploration or seek partners. This durable balance-sheet characteristic supports ongoing project advancement without immediate debt pressure.

High gross margin on early revenue

Although revenues are small, a reported high gross margin indicates the company’s projects or early commercial activities can generate attractive unit economics. If exploration converts to scalable production or sales, this margin profile supports sustainable profitability long term.

Focused asset strategy & partnership option

A clear focus on Chilean copper and gold exploration and an explicit pathway to development or partnering give strategic optionality. The ability to farm-out or JV projects is a durable model to advance assets while limiting capital intensity and preserving cash.

Negative Factors

Significant cash burn

Sustained negative operating and free cash flow means the business cannot self-fund exploration or development. Over months this creates continuous reliance on external capital, raising dilution risk and constraining the firm’s ability to execute multi-stage drilling or development programs.

Ongoing operating losses

Persistent negative EBIT and net income show the business model is not yet profitable. Continued losses erode returns and prevent internal reinvestment, making long-term project advancement contingent on external funding or material operational improvements.

Shrinking equity base

A marked decline in shareholders' equity over the period weakens the capital cushion available for exploration. This increases vulnerability to funding shocks, heightens future dilution risk, and limits the firm’s capacity to absorb setbacks without new external capital.

Southern Hemisphere Mining Limited Business Overview & Revenue Model

Company Description

Southern Hemisphere Mining Limited, an exploration stage company, engages in the acquisition and exploration of mineral properties primarily in Chile. It explores for gold, copper, and manganese deposits. The company focuses on the Llahuin copper-gold project located to the north of Santiago; Colina2 copper/gold project located to the northwest of Llahuin; and Los Pumas manganese project located to east of Arica. Southern Hemisphere Mining Limited is based in Perth, Australia.

How the Company Makes Money

Southern Hemisphere Mining Limited generates revenue primarily through the exploration and development of mineral properties, with a focus on copper and gold. The company's revenue model involves discovering and proving up mineral resources, which can then be sold or leased to larger mining companies, or developed into operational mines. Key revenue streams include the sale of mineral rights, joint venture agreements with mining partners, and potential future production revenues from developed projects. Strategic partnerships with larger mining corporations or investment entities can provide significant financial backing and expertise, aiding in project advancement and contributing to the company's earnings.

Southern Hemisphere Mining Limited Financial Statement Overview

Summary

Financials are weak overall: the company remains loss-making with very negative operating and net margins, and cash burn is significant and persistent. A key offset is low leverage (including zero total debt in FY2025), but equity has declined materially, increasing reliance on external funding.

Income Statement

The company remains in a loss-making phase, with consistently negative EBIT and net income across the period. FY2025 shows a small revenue base (10,237) and a high gross profit margin, but operating costs overwhelm the top line, resulting in extremely negative operating and net margins. With limited and volatile revenue generation, profitability and earnings quality remain key weaknesses despite some early signs of commercialization.

Balance Sheet

Leverage is low, including zero total debt in FY2025 (and only modest debt in FY2024), which reduces refinancing risk. However, equity has declined materially versus prior years (FY2025 equity of 1,203,699 vs FY2024 4,009,926), reflecting sustained losses and weakening capital cushion. Returns on equity are negative in most years, underscoring that the balance sheet strength depends on continued funding rather than internally generated profits.

Cash Flow

Cash burn is significant and persistent, with FY2025 operating cash flow of -3,025,029 and free cash flow of -3,025,030, broadly in line with the prior year’s outflows. While free cash flow growth shows a sharp improvement in FY2025 (likely distorted by a very weak comparison base), the business is not yet self-funding and relies on external capital to sustain operations and advance projects.

Breakdown	Jun 2025	Jun 2024	Jun 2023	Jun 2022	Jun 2021
Income Statement
Total Revenue	10.24K	0.00	0.00	0.00	0.00
Gross Profit	9.28K	-2.06K	-1.44K	-260.00	0.00
EBITDA	―	-3.46M	-2.48M	-2.89M	-1.25M
Net Income	-2.83M	-3.47M	-2.48M	-2.89M	-1.25M
Balance Sheet
Total Assets	1.30M	4.70M	663.26K	225.11K	1.55M
Cash, Cash Equivalents and Short-Term Investments	1.26M	4.66M	598.43K	161.22K	1.53M
Total Debt	0.00	350.37K	0.00	0.00	0.00
Total Liabilities	100.52K	692.48K	250.55K	309.73K	195.29K
Stockholders Equity	1.20M	4.01M	412.71K	-84.63K	1.36M
Cash Flow
Free Cash Flow	-3.03M	-3.09M	-22.11K	-22.51K	-105.38K
Operating Cash Flow	-3.03M	-3.09M	-2.31K	-2.71K	-900.00
Investing Cash Flow	0.00	0.00	-19.81K	-19.81K	-104.48K
Financing Cash Flow	-368.21K	7.15M	2.74M	1.36M	2.39M

Southern Hemisphere Mining Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.03
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Positive
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:SUH, the sentiment is Negative. The current price of 0.03 is below the 20-day moving average (MA) of 0.03, below the 50-day MA of 0.03, and below the 200-day MA of 0.04, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 25.39 is Positive, neither overbought nor oversold. The STOCH value of 31.75 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:SUH.

Southern Hemisphere Mining 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%
LEX	53 Neutral	AU$60.86M	-7.31	-10.50%	―	―	32.77%
SUH	48 Neutral	AU$22.82M	-8.86	-108.41%	―	―	36.67%
GAL	48 Neutral	AU$43.48M	-19.49	-2.46%	―	―	-134.50%
COB	44 Neutral	AU$43.79M	-3.68	-18.74%	―	―	85.44%
MRC	40 Underperform	AU$25.60M	―	―	―	―	―
G6M	37 Underperform	AU$25.10M	-352.11	―	―	71.37%	82.48%

Southern Hemisphere Mining Limited Corporate Events

Southern Hemisphere Mining Begins Target L Drilling to Refine Chilean Porphyry Potential

Southern Hemisphere Mining has announced that drilling has commenced at Target L, as outlined in an update from joint venture partner FMR Resources, marking a new phase of exploration aimed at vectoring toward the porphyry source at its Llahuin project in Chile. The move builds on the company’s substantial JORC-compliant copper-gold-molybdenum and manganese resources at Llahuin and Los Pumas, signalling continued technical de-risking and potential resource growth that could enhance its position in the Chilean copper and battery metals sector.

The Llahuin project currently hosts 218.2 million tonnes of measured, indicated and inferred resources at 0.38% copper equivalent, supported by independent competent person verification under the JORC 2012 code. Los Pumas adds more than 30 million tonnes of manganese resources at a 2.5% Mn cut-off, reinforcing Southern Hemisphere Mining’s exposure to both traditional copper markets and emerging battery metals demand.

The most recent analyst rating on (AU:SUH) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on Southern Hemisphere Mining Limited stock, see the AU:SUH Stock Forecast page.

Southern Hemisphere Mining Flags New Porphyry Intersections and Confirms Chile Resource Base

Southern Hemisphere Mining Limited has highlighted broad intersections of mineralised porphyry at its Target K prospect via an update from joint venture partner FMR Resources, underscoring ongoing exploration momentum in Chile. While specific drilling details are contained in the partner’s update, the release signals continued advancement of the company’s copper-focused portfolio.

The announcement also reiterates the scale and JORC-compliant status of the company’s Llahuin copper-gold-molybdenum and Los Pumas manganese resources, along with confirmation that prior technical assumptions remain valid. This combination of fresh exploration results and stable resource foundations supports Southern Hemisphere’s positioning in copper and battery metals, offering stakeholders a degree of continuity and potential growth leverage in a key mining jurisdiction.

The most recent analyst rating on (AU:SUH) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on Southern Hemisphere Mining Limited stock, see the AU:SUH Stock Forecast page.

Southern Hemisphere Mining Advances Chilean Drilling as Key Copper and Manganese Resources Grow

Southern Hemisphere Mining has advised that drilling is underway at Target K, with the activity being conducted by joint venture partner FMR Resources, signalling ongoing field progress across its Chilean exploration portfolio. The update underscores continued advancement at its key copper-gold-molybdenum and manganese projects, which already host substantial JORC-compliant resources, reinforcing the company’s strategic exposure to copper and battery metals.

The Llahuin project contains a large copper-equivalent resource across its Central Porphyry, Cerro and Ferro zones, reported at a 0.22% CuEq cut-off and supported by preliminary metallurgical testwork indicating no deleterious elements. At Los Pumas, Southern Hemisphere has defined significant indicated and inferred manganese resources at a 2.5% Mn cut-off, positioning the asset as a potential contributor to future battery metals supply as work programs continue.

The most recent analyst rating on (AU:SUH) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on Southern Hemisphere Mining Limited stock, see the AU:SUH Stock Forecast page.

Southern Hemisphere Mining Flags Visual Mineralisation at Target C as Chilean Resources Grow

Southern Hemisphere Mining has reported that its joint venture partner FMR Resources has provided an update indicating visual mineralisation associated with a magnetic/MT anomaly at Target C, signalling potential exploration upside within the company’s Chilean project portfolio. The announcement, which reiterates substantial JORC-compliant resource inventories at the Llahuin copper-gold-molybdenum and Los Pumas manganese projects, underscores the company’s growing resource base in key battery and base metals, reinforcing its strategic positioning in Chile’s copper and manganese sectors and providing further context for investors tracking its exploration progress.

The most recent analyst rating on (AU:SUH) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on Southern Hemisphere Mining Limited stock, see the AU:SUH Stock Forecast page.

Southern Hemisphere Mining Rides Copper and Gold Rally as Llahuin Drilling Confirms Large Porphyry System

Southern Hemisphere Mining reported that surging copper and gold prices have significantly increased the in-situ value of its flagship Llahuin Copper-Gold Project, which hosts a 218.2 million tonne resource grading 0.38% CuEq and containing substantial copper, gold and molybdenum. Management highlighted strong potential for further resource growth, underpinned by recently defined additional exploration targets and ongoing drilling, positioning Llahuin as a sizeable, infrastructure-advantaged asset in a tight global copper supply environment.

Operationally, the company advanced its Southern Porphyry joint venture with FMR Resources, completing the first deep diamond drillhole to 1,469.1 metres and confirming an extensive intrusive and hydrothermal footprint consistent with a large porphyry system, while follow-up holes are underway. In parallel, Southern Hemisphere identified high-grade oxide copper at surface at its 100%-owned Ferro South area, further enhancing the project’s upside and supporting its strategic ambition to grow a large-scale copper-gold resource base that could benefit from current commodity price strength.

The most recent analyst rating on (AU:SUH) stock is a Hold with a A$0.04 price target. To see the full list of analyst forecasts on Southern Hemisphere Mining Limited stock, see the AU:SUH Stock Forecast page.