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Tasman Resources
(Sydney:TAS)
Tasman Resources (TAS) vs. iShares MSCI Australia ETF (EWA)
Tasman Resources Business Overview & Revenue Model
Tasman Resources Financial Statement Overview
| Breakdown | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 2.45M | 2.02M | 4.70M | 4.15M | 3.28M |
| Gross Profit | 1.69M | 1.39M | -2.47M | -3.64M | -3.38M |
| EBITDA | -4.22M | -15.56M | -15.75M | -5.11M | -4.55M |
| Net Income | -3.02M | -13.13M | -5.72M | -2.60M | -2.69M |
Balance Sheet | |||||
| Total Assets | 22.09M | 23.50M | 32.42M | 43.45M | 45.53M |
| Cash, Cash Equivalents and Short-Term Investments | 761.43K | 987.69K | 2.74M | 2.30M | 6.01M |
| Total Debt | 17.03M | 14.03M | 10.32M | 4.91M | 5.27M |
| Total Liabilities | 19.89M | 16.98M | 12.65M | 6.37M | 6.42M |
| Stockholders Equity | 3.49M | 3.77M | 16.38M | 23.64M | 26.47M |
Cash Flow | |||||
| Free Cash Flow | -3.92M | -6.20M | -5.55M | -8.12M | -9.30M |
| Operating Cash Flow | -3.92M | -5.46M | -4.60M | -6.61M | -6.12M |
| Investing Cash Flow | -172.77K | -733.88K | -1.11M | -1.73M | -4.37M |
| Financing Cash Flow | 3.87M | 4.45M | 6.15M | 4.50M | 15.26M |
Tasman Resources Peers Comparison
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% | |
48 Neutral | AU$5.91M | -4.72 | -4.35% | ― | ― | 62.22% | |
47 Neutral | AU$6.04M | -0.67 | -16.88% | ― | ― | 73.55% | |
46 Neutral | AU$27.29M | -0.82 | -81.40% | ― | 20.65% | 80.26% | |
45 Neutral | AU$18.82M | -3.22 | -24.22% | ― | ― | 83.93% | |
41 Neutral | AU$5.04M | -0.09 | -157.99% | ― | ― | 57.55% | |
38 Underperform | AU$19.25M | -0.83 | -110.65% | ― | ― | 32.08% |
Tasman Resources Corporate Events
Tasman Resources has disclosed a change in the security holdings of director Louis Varrasso, as required under ASX listing rules. Varrasso, through direct and indirect interests including K-Sum Capital Pty Ltd, has increased his stake in the company via an on-market purchase of 2.3 million fully paid ordinary shares for a consideration of $93,450, lifting his total holding to 4.2 million fully paid ordinary shares, in addition to existing options and vested performance rights. The transaction did not occur during a closed period, indicating routine trading activity and signalling increased financial alignment between the director and shareholders.
The most recent analyst rating on (AU:TAS) stock is a Hold with a A$0.05 price target. To see the full list of analyst forecasts on Tasman Resources stock, see the AU:TAS Stock Forecast page.
Tasman Resources has confirmed the vesting of 36 million previously issued performance rights to its directors after meeting share price-based vesting conditions across three tranches, each linked to the company’s volume-weighted average price thresholds between $0.025 and $0.04. With the 5-day VWAP recently at $0.044, all tranches have vested, allowing directors to convert these rights into fully paid ordinary shares at their discretion, a move that may increase director equity holdings and potentially dilute existing shareholders while signalling confidence in the company’s recent share price performance.
The most recent analyst rating on (AU:TAS) stock is a Sell with a A$0.04 price target. To see the full list of analyst forecasts on Tasman Resources stock, see the AU:TAS Stock Forecast page.
Tasman Resources has applied to have previously issued options, exercisable at $0.02 and expiring on 14 June 2028, quoted on the ASX, following their issue to placement investors and the recent options cleansing prospectus. The company has also released a Top 20 holder and distribution report for these options, revealing a concentrated register led by 10 Bolivianos Pty Ltd with 18.27% of the options, underscoring the presence of several significant institutional and private investors in the company’s capital structure.
The most recent analyst rating on (AU:TAS) stock is a Hold with a A$0.05 price target. To see the full list of analyst forecasts on Tasman Resources stock, see the AU:TAS Stock Forecast page.
Tasman Resources Ltd has notified the ASX of a proposed issue of new securities via a placement or similar mechanism. The company plans to issue up to 1,000 new options, each exercisable at A$0.02 and expiring on 14 June 2028, with the proposed issue date set for 3 February 2026, indicating a modest capital-raising or incentive issuance that could marginally affect its capital structure and provide additional funding flexibility for future activities.
Tasman Resources will seek quotation of the new options on the ASX in line with listing rule requirements, with the issuance forming part of its broader capital management strategy. While the scale of the proposed issue is relatively small, the long-dated, low-exercise-price options may offer participating investors leveraged exposure to any future appreciation in the company’s share price and signal management’s ongoing efforts to maintain access to equity-linked financing channels.
The most recent analyst rating on (AU:TAS) stock is a Hold with a A$0.04 price target. To see the full list of analyst forecasts on Tasman Resources stock, see the AU:TAS Stock Forecast page.
Tasman Resources has released a transaction-specific cleansing prospectus for the offer of 1,000 Cleansing Options at a nil issue price, primarily to remove trading restrictions on existing options of the same class on issue before the offer closes on 2 February 2026. The Cleansing Options, which the company emphasises are speculative in nature, are intended to be quoted on the ASX, streamlining secondary trading and maintaining compliance with Australian securities laws, while not constituting a general offer or providing investment advice, thereby placing the onus on investors and existing option holders to assess risk and seek professional guidance.
The most recent analyst rating on (AU:TAS) stock is a Hold with a A$0.04 price target. To see the full list of analyst forecasts on Tasman Resources stock, see the AU:TAS Stock Forecast page.
Tasman Resources reported a solid financial position for the December 2025 quarter, with $1.5 million in cash and a shareholding in Eden Innovations valued at $6.5 million, underpinning ongoing exploration activities. At the Lake Torrens IOCG Project, recent magnetotelluric surveying at the Titan West prospect has identified deep conductive targets coincident with previously drilled copper-bearing intervals at the nearby Vulcan prospect, while work continued to refine optimal drill locations for testing combined gravity, magnetic and MT anomalies. The company also advanced its wholly owned Parkinson Dam Project in the Gawler Craton, planning to drill six priority IOCG, epithermal and porphyry-style targets in 2026 following an independent geophysical review, building on historic high-grade gold-silver intersections at the PD63 prospect. Fortescue, Tasman’s joint venture partner at Lake Torrens, has so far invested about $7 million and can increase its stake to 80% through further funding, highlighting strong partner commitment and the strategic significance of the IOCG targets for both parties and their stakeholders.
The most recent analyst rating on (AU:TAS) stock is a Hold with a A$0.04 price target. To see the full list of analyst forecasts on Tasman Resources stock, see the AU:TAS Stock Forecast page.
Tasman Resources has told the ASX it is not aware of any undisclosed information that would explain recent volatility in its share price, but pointed to several developments that may be driving market interest. These include the emergence of 7 Enterprises Pty Ltd as a substantial new shareholder, progress on drilling plans at its Titan West and Parkinson Dam projects, a sharp rise in the value of its significant shareholding in Eden Innovations (which now represents more than 40% of Tasman’s market capitalisation), and an early-stage move to acquire 243 new mineral exploration claims in New Mexico via an independent contractor, a process that may take several months and carries no certainty of title.
The most recent analyst rating on (AU:TAS) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on Tasman Resources stock, see the AU:TAS Stock Forecast page.
Tasman Resources has announced the expiry and cessation of 200,000 listed options (TASAA) that were due to expire on 1 January 2026 with an exercise price of $0.125, which lapsed without being exercised. The expiration of these options marginally reduces the company’s potential diluted capital base, simplifying its capital structure and slightly altering the balance between existing shareholders and holders of derivative securities.
The most recent analyst rating on (AU:TAS) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on Tasman Resources stock, see the AU:TAS Stock Forecast page.
Tasman Resources has increased its strategic stake in Eden Innovations Ltd through a $250,000 conditional share placement approved by Eden shareholders, executed via Tasman’s wholly owned subsidiary Noble Energy. Following the transaction, Tasman now holds 76,821,206 Eden shares, representing a 13.95% interest, along with a substantial package of listed and unlisted options, positioning Tasman shareholders to benefit from Eden’s future growth potential while replacing the need for additional direct financial support to Eden.
The most recent analyst rating on (AU:TAS) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on Tasman Resources stock, see the AU:TAS Stock Forecast page.
Tasman Resources Limited has successfully completed a $2 million share placement, with the issuance of the second tranche raising $1.15 million before costs. This strategic move involves issuing 92 million fully paid ordinary shares to sophisticated investors, enhancing the company’s financial position and potentially impacting its market operations positively.
The most recent analyst rating on (AU:TAS) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on Tasman Resources stock, see the AU:TAS Stock Forecast page.
Tasman Resources Limited has announced a change in the interest of its director, Mr. Gregory Howard Solomon, in the company’s securities. Mr. Solomon has acquired 12,000,000 incentive performance rights and 6,621,809 fully paid ordinary shares, with the latter issued to settle accrued director fees and a loan to the company. This change reflects an increase in Mr. Solomon’s indirect holdings, potentially impacting the company’s governance and shareholder dynamics.
The most recent analyst rating on (AU:TAS) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on Tasman Resources stock, see the AU:TAS Stock Forecast page.
Tasman Resources Ltd has announced the issuance of 120 million unlisted options, exercisable at $0.02 and expiring on June 14, 2028. These securities are part of a previously announced transaction and are not intended to be quoted on the ASX, potentially impacting the company’s financial strategies and stakeholder interests.
The most recent analyst rating on (AU:TAS) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on Tasman Resources stock, see the AU:TAS Stock Forecast page.
Tasman Resources Ltd has announced the issuance of 92,000,000 fully paid ordinary shares to sophisticated investors as part of a share placement, along with 15,487,709 shares to current and former directors and an advisor to settle accrued fees and liabilities. This move, executed without disclosure under Part 6D.2 of the Corporations Act, reflects the company’s efforts to strengthen its financial position and maintain compliance with regulatory requirements, potentially impacting its operational capabilities and stakeholder interests.
The most recent analyst rating on (AU:TAS) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on Tasman Resources stock, see the AU:TAS Stock Forecast page.
Tasman Resources Ltd has announced the quotation of 15,487,709 fully paid ordinary securities on the Australian Securities Exchange (ASX). This move is part of a transaction previously announced, and it signifies an expansion in the company’s market presence, potentially impacting its operational strategies and stakeholder interests.
The most recent analyst rating on (AU:TAS) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on Tasman Resources stock, see the AU:TAS Stock Forecast page.