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Tasman Resources
(Sydney:TAS)
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Rating:43Neutral
Price Target:
AU$0.04
▲(2.50% Upside)
Action:Reiterated
Date:07/30/26
Overall score is weighed down primarily by weak financial performance (declining revenue, losses, negative cash flows, and high leverage). Technicals also indicate a weak trend with the price below major moving averages. Valuation is a relative positive due to the very low P/E, but it is not enough to offset the fundamental and trend risks.
Positive Factors
High gross margin
A gross margin of 69.11% provides durable product-level profitability that can sustain core operations and cushion SG&A and financing pressures. High gross margins indicate structural pricing power or low variable costs, helping absorb revenue volatility while management repairs the top line.
Negative Factors
Declining revenue
Year-over-year revenue decline of -1.496% signals weakening demand or market share loss, reducing scale and operating leverage. Persistent top-line contraction makes recovery of margins and profits more difficult, limiting capacity to fund restructuring or growth without external support.
Read all positive and negative factors
Positive Factors
Negative Factors
High gross margin
A gross margin of 69.11% provides durable product-level profitability that can sustain core operations and cushion SG&A and financing pressures. High gross margins indicate structural pricing power or low variable costs, helping absorb revenue volatility while management repairs the top line.
Read all positive factors
Tasman Resources (TAS) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$18.84M
Dividend YieldN/A
Average Volume (3M)464.11K
Price to Earnings (P/E)0.7
Beta (1Y)1.22
Revenue Growth-48.26%
EPS GrowthN/A
CountryAU
Employees2
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)0.05
Shares Outstanding553,990,970
10 Day Avg. Volume433,255
30 Day Avg. Volume464,113
Financial Highlights & Ratios
PEG Ratio0.76
Price to Book (P/B)0.71
Price to Sales (P/S)1.02
P/FCF Ratio-0.63
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
Tasman Resources Business Overview & Revenue Model
Company Description
Tasman Resources Ltd, an Australian entity, specializes in the discovery and assessment of mineral deposits across the country. The company actively seeks a variety of valuable resources, including precious and base metals like gold, copper, cobal...
How the Company Makes Money
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Tasman Resources Financial Statement Overview
Summary
Income Statement
30
Negative
Balance Sheet
40
Negative
Cash Flow
35
Negative
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.28M | 2.45M | 2.02M | 4.70M | 4.15M | 3.28M |
| Gross Profit | -433.27K | 1.69M | 1.39M | -2.47M | -3.64M | -3.38M |
| EBITDA | -3.77M | -4.22M | -15.56M | -15.75M | -5.11M | -4.55M |
| Net Income | 17.06M | -3.02M | -13.13M | -5.72M | -2.60M | -2.69M |
Balance Sheet | ||||||
| Total Assets | 8.81M | 22.09M | 23.50M | 32.42M | 43.45M | 45.53M |
| Cash, Cash Equivalents and Short-Term Investments | 1.46M | 761.43K | 987.69K | 2.74M | 2.30M | 6.01M |
| Total Debt | 15.16K | 17.03M | 14.03M | 10.32M | 4.91M | 5.27M |
| Total Liabilities | 227.26K | 19.89M | 16.98M | 12.65M | 6.37M | 6.42M |
| Stockholders Equity | 8.58M | 3.49M | 3.77M | 16.38M | 23.64M | 26.47M |
Cash Flow | ||||||
| Free Cash Flow | -2.41M | -3.92M | -6.20M | -5.55M | -8.12M | -9.30M |
| Operating Cash Flow | -2.48M | -3.92M | -5.46M | -4.60M | -6.61M | -6.12M |
| Investing Cash Flow | -1.69M | -172.77K | -733.88K | -1.11M | -1.73M | -4.37M |
| Financing Cash Flow | 5.26M | 3.87M | 4.45M | 6.15M | 4.50M | 15.26M |
Tasman Resources 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% | |
47 Neutral | AU$18.52M | -171.43 | -0.50% | ― | ― | 95.38% | |
46 Neutral | AU$16.41M | -35.00 | -4.78% | ― | ― | 16.67% | |
45 Neutral | AU$23.56M | -22.86 | -108.69% | ― | ― | 60.47% | |
43 Neutral | AU$18.84M | 0.73 | 282.73% | ― | -48.26% | ― | |
42 Neutral | AU$10.42M | -8.60 | -9.24% | ― | ― | 67.45% | |
41 Neutral | AU$12.48M | -2.96 | -23.19% | ― | ― | 88.91% |
* Basic Materials Sector Average
AU:TAS
Tasman Resources
0.03
0.02
88.89%
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Tasman Resources Corporate Events
Tasman Resources advances South Australian copper-gold drilling plans
Jul 23, 2026
Tasman Resources reported its June quarter activities, highlighting progress across its South Australian exploration portfolio, particularly the Lake Torrens IOCG joint venture and the wholly owned Parkinson Dam project. The company continues to p...
Tasman Resources Shareholders Back Capital-Raising and Director Equity Resolutions
Jul 23, 2026
Tasman Resources Ltd reported that all resolutions put to shareholders at its 23 July 2026 general meeting were passed on a poll. The resolutions primarily related to the ratification of Tranche 1 placement shares issued under ASX Listing Rules 7....
Tasman Resources moves to online access for July 2026 shareholder meeting
Jun 18, 2026
Tasman Resources has called a General Meeting of shareholders to be held in person at its Perth offices on 23 July 2026 at 10:00 a.m. AWST. The company is providing the Notice of Meeting and Explanatory Memorandum online via its website and ASX pl...
Tasman Resources Raises $4.0m to Expand Drilling at Parkinson Dam
Jun 9, 2026
Tasman Resources has completed the first tranche of a share placement, issuing 98,170,731 fully paid ordinary shares at $0.041 each to raise $4.025 million before costs. The new shares, issued under the company’s existing placement capacitie...
Tasman Resources Seeks ASX Quotation for Nearly 98 Million New Shares
Jun 9, 2026
Tasman Resources Ltd has lodged an application with the ASX to quote 98,170,731 ordinary fully paid shares, formalising the admission of these securities to trading on the exchange. The new quotation aligns with previously announced issuance arran...
Tasman Resources Discloses Final Interests of Departing Director
May 28, 2026
Tasman Resources has announced that director Douglas Solomon ceased to be a director on 24 May 2026, triggering disclosure of his final interests in the company’s securities under ASX listing rules. The filing details his direct and indirect...
Tasman Resources Discloses New Director Adam Turnbull’s Equity Interests and Incentive Options
May 27, 2026
Tasman Resources has appointed Adam Turnbull as a director effective 24 May 2026, and disclosed his initial interests in the company’s securities in accordance with ASX requirements. Turnbull directly holds 6.4 million fully paid ordinary sh...
Tasman Resources Plans Major Share Placement to Raise New Capital
May 24, 2026
Tasman Resources Ltd has notified the ASX of a proposed placement of up to 98,780,487 fully paid ordinary shares, with an intended issue date of 9 June 2026. The additional capital from this large equity issue is expected to strengthen the company...
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.