Tanami Gold NL (AU:TAM)
ASX:TAM
Want to see AU:TAM full AI Analyst Report?
Top Page
Tanami Gold NL
(Sydney:TAM)
Select Model
Select Model
Rating:46Neutral
Price Target:
AU$0.08
▼(-3.75% Downside)
Action:ReiteratedDate:05/09/26
The score is driven primarily by weak financial performance (no revenue, ongoing losses, and sustained cash burn), partially offset by very low leverage. Technicals add pressure as the stock trades below major moving averages with negative MACD, while valuation signals are limited due to negative earnings and no dividend data.
Positive Factors
Low leverage
Extremely low debt reduces solvency risk and preserves financial flexibility. A near-zero debt-to-equity profile lowers interest burden and creditor pressure, giving management more time to execute exploration or development plans and to raise capital on less onerous terms if needed.
Negative Factors
No revenue / pre-revenue profile
The company reports zero revenue across multiple years, indicating a pre-revenue or non-producing business. Without operating cash inflows, the firm must rely on external funding for operations and growth, raising execution and funding continuity risks until commercial production or material revenue emerges.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage
Extremely low debt reduces solvency risk and preserves financial flexibility. A near-zero debt-to-equity profile lowers interest burden and creditor pressure, giving management more time to execute exploration or development plans and to raise capital on less onerous terms if needed.
Read all positive factors
Tanami Gold NL (TAM) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$92.83M
Dividend YieldN/A
Average Volume (3M)1.97M
Price to Earnings (P/E)―
Beta (1Y)0.46
Revenue GrowthN/A
EPS GrowthN/A
CountryAU
Employees107
SectorBasic Materials
Sector Strength58
IndustryGold
Share Statistics
EPS (TTM)0.00
Shares Outstanding1,175,097,000
10 Day Avg. Volume2,194,596
30 Day Avg. Volume1,971,326
Financial Highlights & Ratios
PEG Ratio0.00
Price to Book (P/B)1.74
Price to Sales (P/S)0.00
P/FCF Ratio-11.36
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
Tanami Gold NL Business Overview & Revenue Model
Company Description
Tanami Gold NL, together with its subsidiaries, engages in the exploration and evaluation of gold properties in Australia. Its flagship project is the Central Tanami project covering an area of 2,211 square kilometers located in the Tanami Region ...
How the Company Makes Money
null...
Tanami Gold NL Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
78
Positive
Cash Flow
18
Very Negative
| Breakdown | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -188.00K | -334.00K | -146.00K | -5.00K | -31.00K |
| EBITDA | -8.22M | -5.95M | -4.14M | -3.14M | -804.00K |
| Net Income | -5.84M | -6.15K | -3.47M | 7.96M | -1.33M |
Balance Sheet | |||||
| Total Assets | 48.07M | 51.73M | 57.00M | 57.99M | 48.65M |
| Cash, Cash Equivalents and Short-Term Investments | 18.87M | 31.77M | 37.10M | 38.65M | 33.21M |
| Total Debt | 70.00K | 6.00K | 20.00K | 35.00K | 42.00K |
| Total Liabilities | 5.57M | 5.36M | 4.80M | 4.26M | 1.85M |
| Stockholders Equity | 42.51M | 46.37M | 52.20M | 53.73M | 46.80M |
Cash Flow | |||||
| Free Cash Flow | -6.51M | -5.92M | -3.88M | -2.49M | -710.00K |
| Operating Cash Flow | -6.39M | -5.80M | -3.88M | -2.49M | -710.00K |
| Investing Cash Flow | 6.00K | 18.00K | -266.00K | 9.43M | 83.00K |
| Financing Cash Flow | -15.00K | -14.00K | -14.00K | -33.00K | 0.00 |
Tanami Gold NL Technical Analysis
Positive
0.08
Price Trends
0.10
Negative
0.09
Positive
0.08
Positive
Market Momentum
>-0.01
Negative
44.47
Neutral
29.67
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:TAM, the sentiment is Positive. The current price of 0.08 is below the 20-day moving average (MA) of 0.09, below the 50-day MA of 0.10, and above the 200-day MA of 0.08, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 44.47 is Neutral, neither overbought nor oversold. The STOCH value of 29.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:TAM.
Tanami Gold 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% | |
56 Neutral | AU$194.16M | -301.32 | -2.84% | ― | ― | -92.31% | |
54 Neutral | AU$157.38M | 4.74 | 2.67% | ― | 593.88% | 80.32% | |
50 Neutral | AU$240.93M | -26.94 | -5.45% | ― | ― | -176.00% | |
49 Neutral | AU$187.95M | -20.64 | -7.26% | ― | ― | -66.98% | |
47 Neutral | AU$48.72M | -2.60 | -50.09% | ― | 4939.45% | -187.90% | |
46 Neutral | AU$92.83M | -8.13 | -13.28% | ― | ― | ― |
* Basic Materials Sector Average
AU:TAM
Tanami Gold NL
0.08
0.04
97.50%
AU:TSO
Tesoro Gold
1.05
0.65
159.26%
AU:KAU
Kaiser Reef Ltd
0.26
0.09
52.94%
AU:AS1
Golden Rim Resources Ltd
0.15
0.11
275.00%
AU:VTX
Vertex Minerals Ltd.
0.17
-0.05
-22.73%
AU:HRN
Horizon Gold Ltd
1.09
0.55
102.60%
Tanami Gold NL Corporate Events
Metals X Maintains 2.93% Stake in Tanami Gold via A$70.5m Entitlement Offer
May 8, 2026
Metals X Limited, an ASX-listed resources company, has reaffirmed its strategic stake in Tanami Gold NL by committing to fully participate in Tanami’s latest equity raising. Tanami is undertaking a fully underwritten, 1-for-1 renounceable en...
Tanami Gold launches fully underwritten A$70.5m rights issue
May 8, 2026
Tanami Gold NL has launched a fully underwritten renounceable rights issue, offering eligible shareholders one new share for every existing share at an issue price of A$0.06, to raise up to approximately A$70.5 million. The offer is jointly manage...
Tanami Gold Files Appendix 3B for Proposed Securities Issue
May 8, 2026
Tanami Gold NL has lodged an Appendix 3B with the ASX, notifying the market of a proposed issue of securities and applying for their potential quotation under ASX Listing Rules. The filing, which is a new announcement, indicates the company’...
Tanami Gold launches $70.5m renounceable entitlement offer to fund Central Tanami project
May 8, 2026
Tanami Gold NL has launched a fully underwritten 1-for-1 pro-rata renounceable entitlement offer, priced at $0.06 per new share, to raise up to A$70.5 million before costs from eligible shareholders. Key shareholders APAC Resources, Metals X and E...
Tanami Gold Seeks Trading Halt Ahead of Capital Raising
May 5, 2026
Tanami Gold NL has requested an immediate trading halt on its securities on the ASX as it prepares to announce a capital raising. The halt, sought under Listing Rule 17.1, is intended to help the company manage its continuous disclosure obligation...
Tanami Gold Elevates Brett Smith to Executive Director to Drive Central Tanami Project
Apr 29, 2026
Tanami Gold NL has elevated Brett Smith from Non-Executive to Executive Director effective 1 May 2026, a move aimed at strengthening operational and strategic oversight of its key asset, the Central Tanami Project Joint Venture in the Northern Ter...
Tanami Gold Advances Central Tanami Planning as JV Restructures and Cash Position Strengthens
Apr 26, 2026
Tanami Gold NL reported that preparation for late FY26 and FY27 activities is progressing, with planned programs targeting site infrastructure upgrades, regulatory approvals, permitting and resource definition drilling at the Central Tanami Projec...
Tanami Gold JV Picks Macmahon for $38m Groundrush Exploration Decline
Apr 20, 2026
Tanami Gold’s Central Tanami Project Joint Venture has selected Macmahon Underground Pty Ltd as preferred mining contractor to build an underground exploration decline at the Groundrush Gold Deposit in the Northern Territory. The proposed wo...
Macmahon Wins $38m Groundrush Underground Contract from Tanami JV
Apr 20, 2026
Macmahon’s underground subsidiary has been selected as preferred mining contractor by the Central Tanami Project Joint Venture, between Tanami Gold NL and MGX Resources, for the Groundrush exploration decline in the Tanami region of the Nort...
Tanami Gold Releases Half-Year Financial Report for December 2025
Mar 16, 2026
Tanami Gold NL has released its half-yearly report for the period ended 31 December 2025, outlining its financial performance and position. The document includes directors’ commentary, auditor statements, and condensed interim financial stat...
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.