Taiton Resources Limited (T88) AI Stock Analysis

• Market Cap: AU$4.47M
• Dividend Yield: N/A
• Average Volume (3M): 5.83K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.92
• Revenue Growth: N/A
• EPS Growth: -9.68%
• Country: AU
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 73
• Industry: Other Precious Metals
• EPS (TTM): -0.03
• Shares Outstanding: 74,457,375
• 10 Day Avg. Volume: 1,310
• 30 Day Avg. Volume: 5,835
• PEG Ratio: 59.03
• Price to Book (P/B): 1.70
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -2.76K
• 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

• Rating: 37 Underperform
• Price Target: ―

Taiton Resources Limited is facing significant financial challenges due to a lack of revenue and persistent losses, although balance sheet improvements provide some stability. Technical analysis indicates a weak market momentum, and the negative P/E ratio signals potential valuation risks. These factors suggest a low score, reflecting considerable challenges ahead.

Taiton Resources Limited Business Overview & Revenue Model

Company Description

Taiton Resources Limited operates as a mineral exploration and development company in Australia. It focusses on gold and other commodities. The company entered into an agreement to acquire 100% interest in the Lake Barlee project that consist of four tenements; the Highway project that consists of 2 exploration license applications covering an area of 1,132 square kilometers; and the Challenger West Project located in South AustraliaThe company was formerly known as Syngas Limited and changed its name to Taiton Resources Limited in February 2021. The company was incorporated in 1993 and is based in Melbourne, Australia.

How the Company Makes Money

Taiton Resources Limited makes money through the exploration and development of mineral resources, which is a capital-intensive process. The company's revenue model primarily involves the identification and acquisition of mineral-rich land, followed by detailed geological assessments and drilling programs to determine the viability of extracting minerals. Once a mineral deposit is deemed viable, Taiton Resources either develops the site for mineral extraction or enters into joint ventures or partnerships with larger mining companies to share the financial burden and operational expertise. Revenue is generated from selling extracted minerals or through royalties and profit-sharing agreements with partners. Additionally, the company may raise funds through equity financing to support its exploration activities and expand its portfolio of mineral properties.

Taiton Resources Limited Financial Statement Overview

Summary

Taiton Resources Limited faces significant challenges with no revenue and persistent losses, indicating a precarious financial position despite recent improvements in its balance sheet. Continuous negative cash flows suggest a need for strategic changes to achieve financial stability.

Income Statement

The company has consistently reported zero revenue over several years, with negative net income, indicating a lack of profitable operations. Negative EBIT and EBITDA margins reflect operational inefficiencies or high costs relative to non-existent revenue.

Balance Sheet

The company has improved its balance sheet by eliminating debt and increasing cash reserves, resulting in a positive equity position. However, the lack of revenue and operational profitability raises concerns about sustainability.

Cash Flow

Negative operating and free cash flows over several years highlight ongoing cash burn, suggesting reliance on external financing. The absence of revenue growth limits cash flow generation potential.

Breakdown	TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	63.00	13.00
Gross Profit	-39.79K	-38.01K	-16.44K	-5.80K	63.00	13.00
EBITDA	―	-1.63M	-1.88M	1.38M	-25.24K	-595.41K
Net Income	―	-1.67M	-1.95M	1.23M	-484.10K	-721.66K
Balance Sheet
Total Assets	4.25M	5.39M	6.67M	915.92K	684.56K	132.71K
Cash, Cash Equivalents and Short-Term Investments	174.40K	1.16M	4.63M	321.72K	584.85K	132.71K
Total Debt	0.00	0.00	14.24K	1.37M	3.05M	2.05M
Total Liabilities	143.51K	219.87K	215.28K	1.46M	3.98M	2.95M
Stockholders Equity	4.11M	5.17M	6.46M	-546.06K	-3.30M	-2.81M
Cash Flow
Free Cash Flow	―	-3.44M	-1.93M	-786.13K	-218.15K	-332.77K
Operating Cash Flow	―	-1.13M	-1.04M	-297.99K	-218.15K	-332.77K
Investing Cash Flow	―	-2.30M	-897.76K	-488.14K	-99.71K	0.00
Financing Cash Flow	0.00	-30.00K	6.24M	523.00K	770.00K	415.00K

Taiton Resources Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.06
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:T88, the sentiment is Negative. The current price of 0.06 is below the 20-day moving average (MA) of 0.07, below the 50-day MA of 0.07, and below the 200-day MA of 0.11, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 22.40 is Positive, neither overbought nor oversold. The STOCH value of 47.88 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:T88.

Taiton Resources Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CBY	51 Neutral	AU$4.98M	―	-5.82%	―	―	36.21%
Sector *	43 Neutral	AU$1.41B	-6.14	-40.74%	4.12%	-3.45%	-41.77%
T88	37 Underperform	AU$4.47M	―	-45.35%	―	―	-9.68%
ALV	33 Underperform	AU$5.86M	―	-259.77%	―	―	36.48%
HWK		AU$5.15M	―	-49.57%	―	―	―
PNT		AU$4.51M	―	-14.31%	―	―	―
C1X	32 Underperform	AU$7.70M	―	-37.70%	―	―	48.02%

Taiton Resources Limited Corporate Events

Taiton Resources Adjusts Leadership Roles

Taiton Resources Limited has announced a change in the role of Mr. Noel Ong from Executive Director to Non-Executive Director, effective April 24, 2025. This transition results in a reduction of Mr. Ong’s remuneration to align with that of other Non-Executive Directors, with no other significant changes to his compensation. This move, approved by Executive Director David Low, reflects a strategic adjustment in the company’s leadership structure.

Taiton Resources Reports High-Purity Quartz Findings at Kingsgate Project

Taiton Resources Limited has reported promising results from its second field exploration at the Kingsgate Project, with quartz samples showing SiO2 purity levels up to 99.97% and impurities as low as 300 ppm. These results, derived from rock chip sampling on the recently acquired Hammond Land, suggest a positive outlook for the company’s mining operations, potentially enhancing its industry positioning and offering significant implications for stakeholders.

Taiton Resources Announces Executive Director Resignation

Taiton Resources Limited has announced the resignation of Mr. Noel Ong as Executive Director, effective April 24, 2025, as he shifts focus to other business activities. He will continue to serve as a Non-Executive Director, a move that may influence the company’s strategic direction and stakeholder engagement.

Taiton Resources Limited Releases Half-Year Financial Report

Taiton Resources Limited has released its Half-Year Financial Report for the period ending December 31, 2024. The report covers the consolidated financial performance of the company and its subsidiaries. The financial results are presented in Australian Dollars, and the report includes a review of the company’s operations and principal activities. The Directors’ Report, which provides further insights into the company’s performance, has not been reviewed by auditors.

Taiton Resources Director’s Investment Adjustment

Taiton Resources Limited has reported a change in the indirect interest of its director, Noel Ong, in the company’s securities. The change involves the acquisition of 393,868 ordinary shares by Silver Capital Pty Ltd, where Ong has a relevant interest, through an off-market trade. This transaction increases Ong’s total shares held under Silver Capital Pty Ltd to 2,653,868. The acquisition reflects ongoing adjustments in the director’s investment portfolio, potentially impacting stakeholder perceptions of the company’s governance and financial strategies.