Tempest Minerals Limited (TEM) AI Stock Analysis

• Market Cap: AU$7.71M
• Dividend Yield: N/A
• Average Volume (3M): 1.44M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.39
• Revenue Growth: N/A
• EPS Growth: -41.18%
• Country: AU
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): >-0.01
• Shares Outstanding: 1,101,876,300
• 10 Day Avg. Volume: 996,880
• 30 Day Avg. Volume: 1,442,017
• PEG Ratio: -0.04
• Price to Book (P/B): 0.22
• Price to Sales (P/S): 56.66
• P/FCF Ratio: -0.85
• 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: 47 Neutral
• Price Target: AU$0.01 ▲(0.00% Upside)

The score is primarily constrained by weak financial performance: very limited revenue, persistent and widening losses, and ongoing negative operating and free cash flow. Offsetting this is a comparatively strong balance sheet with zero reported debt and sizeable equity, which reduces leverage risk. Technical and valuation inputs are limited/weak given missing indicators, a negative P/E, and no dividend yield provided.

Positive Factors

Balance Sheet Strength

A debt-free balance sheet reduces financial risk and provides flexibility for future investments, supporting long-term stability.

Strategic Asset Sale

The sale of the Yalgoo Project for A$4.5 million provides capital for Tempest to focus on other projects, enhancing strategic flexibility and potential growth.

Partnership in Green Steel

The partnership with GISA for green steel production positions Tempest in a sustainable industry, potentially offering long-term growth and environmental benefits.

Negative Factors

Limited Revenue Generation

The lack of significant revenue generation limits Tempest's ability to self-fund operations, increasing reliance on external capital and impacting financial sustainability.

Persistent Cash Burn

Ongoing negative cash flow indicates operational inefficiencies and a need for external funding, which may hinder long-term growth and stability.

Widening Losses

Increasing losses highlight challenges in achieving profitability, which could pressure financial resources and limit strategic options over time.

Tempest Minerals Limited Business Overview & Revenue Model

Company Description

Tempest Minerals Limited engages in mineral exploration and development activities in Australia. The company primarily explores for precious, base, energy metal, copper, gold, lithium, and industrial metal deposits. Its flagship project is the Meleya project located in Yalgoo Region, Western Australia. The company was formerly known as Lithium Consolidated Mineral Exploration Limited and changed its name to Tempest Minerals Limited in August 2020. Tempest Minerals Limited was incorporated in 2016 and is headquartered in Mount Hawthorn, Australia.

How the Company Makes Money

Tempest Minerals Limited generates revenue primarily through the exploration and potential development of mineral resources. The company's business model involves identifying and acquiring promising mineral properties, conducting extensive geological surveys and drilling programs to evaluate mineral potential, and subsequently advancing those projects to attract joint venture partners or buyers. Key revenue streams include proceeds from the sale of exploration rights or projects, as well as potential royalties or fees from joint ventures. Strategic partnerships with other mining companies and investors play a significant role in funding exploration activities and facilitating project development, contributing to the company's earnings.

Tempest Minerals Limited Financial Statement Overview

Summary

Tempest Minerals Limited faces significant financial challenges, particularly in generating revenue and achieving profitability. While the absence of debt and strong equity base provide some stability, the lack of operating cash flow and consistent losses indicate high risk. Strategic changes are required to improve revenue generation and operational efficiency to ensure long-term viability.

Income Statement

Tempest Minerals Limited has consistently reported zero revenue over the years, which is a significant concern for any business. The company shows a negative gross profit, indicating costs exceed any form of revenue or other income. Additionally, it consistently reports net losses, EBIT, and EBITDA margins that are negative, highlighting operational inefficiencies and lack of profitability. The absence of revenue growth further compounds these issues.

Balance Sheet

The balance sheet reveals some positive aspects, such as no debt and a strong equity base, which can be considered a strength in terms of financial stability. The equity ratio is high, indicating the company is primarily financed by equity. However, the decreasing stockholders' equity over time and the shrinking total assets are potential risks. The business must improve its asset utilization to leverage its strong equity position.

Cash Flow

Cash flow analysis shows persistent negative operating cash flows, which is concerning for ongoing operations. However, there has been a substantial reduction in negative free cash flow over the years, suggesting some improvement. The company does not generate cash from operations, relying heavily on external financing, as seen in previous years, which is not sustainable long-term.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	45.08K	45.08K	0.00	0.00	0.00	0.00
Gross Profit	45.08K	45.08K	-5.48K	-6.23K	-6.17K	-3.00K
EBITDA	-964.90K	-964.91K	-869.82K	-1.06M	-947.40K	-730.93K
Net Income	-1.53M	-1.53M	-875.22K	-1.07M	-953.52K	-754.76K
Balance Sheet
Total Assets	11.84M	11.84M	10.83M	11.55M	12.68M	3.06M
Cash, Cash Equivalents and Short-Term Investments	1.79M	1.79M	1.90M	3.86M	8.25M	1.11M
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00
Total Liabilities	391.09K	391.09K	334.50K	267.17K	386.27K	88.46K
Stockholders Equity	11.49M	11.49M	10.50M	11.28M	12.30M	2.97M
Cash Flow
Free Cash Flow	-3.01M	-3.01M	-2.10M	-4.70M	-3.06M	-1.81M
Operating Cash Flow	-868.88K	-868.88K	-952.25K	-927.06K	-1.08M	-855.59K
Investing Cash Flow	-1.25M	-1.25M	-211.97K	-4.35M	-1.90M	-795.16K
Financing Cash Flow	2.43M	2.43M	-14.62K	21.51K	10.08M	2.33M

Tempest Minerals 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%
GTE	48 Neutral	AU$10.22M	-1.46	-44.06%	―	―	34.57%
TAS	48 Neutral	AU$12.05M	-1.43	-81.40%	―	20.65%	80.26%
TEM	47 Neutral	AU$7.71M	-4.17	-13.93%	―	―	-41.18%
TMS	45 Neutral	AU$8.53M	-6.67	-16.39%	―	―	69.39%
EV1	43 Neutral	AU$5.38M	-0.87	-74.67%	―	―	71.25%
EMU	42 Neutral	AU$11.16M	-2.32	-5925.89%	―	―	40.21%

Tempest Minerals Limited Corporate Events

Capricorn Metals Buys Yalgoo Project to Bolster Mt Gibson Gold Hub

Capricorn Metals has entered into a binding agreement to acquire Tempest Minerals’ Yalgoo Project tenement package in Western Australia for $4.5 million in cash and shares, expanding its landholding contiguous to the Mt Gibson Gold Project and its recently acquired Golden Range and Fields Find projects. The Yalgoo package, covering about 1,000 square kilometres in the Yalgoo-Singleton Greenstone Belt, is regarded as highly prospective for gold and volcanogenic massive sulphide mineralisation, and Capricorn has already identified several drill-ready targets, with exploration work to ramp up from 2026 as it seeks to add new ore sources and strengthen the resource base feeding Mt Gibson.

Tempest Minerals Sells Yalgoo Project to Capricorn in A$4.5m Cash-and-Scrip Deal

Tempest Minerals has signed a binding agreement to sell its approximately 1,000 square kilometre Yalgoo Project tenement package to Capricorn Metals for A$4.5 million in cash and Capricorn shares, with additional contingent payments tied to future resource definition and a mining decision. The deal allows Capricorn to consolidate its growing footprint in the Yalgoo region while Tempest retains iron ore rights over key eastern tenements, continues to participate in non-iron upside through milestone payments, and redirects its exploration focus to other Western Australian projects including the Remorse magnetite deposit (via an existing Green Steel and Iron arrangement), as well as its Range, Five Wheels and Elephant prospects.

Tempest Minerals Partners with GISA for Green Steel Production

Tempest Minerals Ltd has entered into a binding agreement with Green Steel and Iron Pty Ltd (GISA) to facilitate the development of a green steel production facility in the Yalgoo region. As part of the agreement, GISA will acquire the Remorse Magnetite Project from TEM, with TEM receiving a 50% stake in GISA. This collaboration aims to integrate TEM’s magnetite resources into a vertically integrated operation for producing domestic iron and steel products, potentially benefiting TEM shareholders. The agreement also supports GISA’s goal of establishing a sustainable iron reduction and steel manufacturing industry in Western Australia, with plans for a Direct Reduced Iron plant in the Mid-West region.

Tempest Minerals Issues Unquoted Equity Securities for Employee Incentive

Tempest Minerals Limited has announced the issuance of 6,000,000 unquoted equity securities under the code TEMAB, which are options expiring on November 26, 2028, with an exercise price of $0.02. This issuance is part of an employee incentive scheme and is not intended to be quoted on the ASX, potentially impacting the company’s capital structure and employee engagement strategies.

Tempest Minerals Updates Director’s Interest

Tempest Minerals Limited has announced a change in the director’s interest, specifically regarding Brian Moller. The company has issued 6,000,000 unlisted options to Moller, as approved by shareholders at the recent AGM. This change reflects a strategic move to align the director’s interests with the company’s future performance, potentially impacting the company’s governance and stakeholder relations.

Tempest Minerals Issues 26 Million Unquoted Options

Tempest Minerals Limited has announced the issuance of 26 million unquoted options, exercisable at $0.02 and expiring on November 26, 2028. This strategic move could potentially enhance the company’s financial flexibility and operational capacity, impacting its market positioning and offering potential benefits to stakeholders.

Tempest Minerals Secures Shareholder Approval for Key Resolutions

Tempest Minerals Limited announced that all resolutions proposed at its Annual General Meeting were passed with the required majority, including special resolutions. This outcome reflects strong shareholder support and may positively impact the company’s strategic initiatives and operational capabilities.

Tempest Minerals Reports Promising Early Drilling Results at Range Gold Project

Tempest Minerals Ltd has announced promising early results from its Reverse Circulation drilling at the Range Gold Project near Mt Magnet, Western Australia. The initial assays indicate the extension of gold mineralization from the surface, with notable grades such as 3m at 3.2g/t Au. These findings are significant as they are located near a planned major processing circuit expansion by Ramelius Resources, potentially enhancing the project’s value and attractiveness to stakeholders.

Tempest Minerals Limited Announces Quotation of New Securities

Tempest Minerals Limited has announced the quotation of 50,000 ordinary fully paid securities on the ASX, effective October 31, 2025. This move reflects the company’s ongoing efforts to enhance its market presence and potentially increase its capital base, which could have implications for its operational capabilities and stakeholder interests.

Tempest Minerals Advances Exploration Efforts in Western Australia

Tempest Minerals Limited’s latest quarterly report highlights significant progress in its key projects. At the Range Project, the company has identified gold in rock chips and commenced drilling, while at the Yalgoo Project, a new iron target has been identified and a heritage survey completed. These developments underscore Tempest’s strategic focus on leveraging data-driven exploration to uncover new mineralization opportunities, potentially enhancing its market position and offering promising prospects for stakeholders.

Tempest Minerals Announces 2025 Annual General Meeting and Push for Electronic Communications

Tempest Minerals Limited has announced its Annual General Meeting (AGM) scheduled for November 26, 2025, in Western Australia. The company is encouraging shareholders to opt for electronic communications to reduce paper usage and mailing costs, aligning with the Corporations Amendment Act 2022. The AGM will address resolutions with outcomes released on the ASX platform, and shareholders are urged to submit proxies and questions in advance.

Tempest Minerals Completes Initial Gold Drilling at Mt Magnet

Tempest Minerals Ltd has completed its first drilling program at the Range Project in Mt Magnet, targeting high-priority gold sites with 19 holes drilled over 1,500 meters. The company anticipates receiving the first assay results by the end of October 2025, which could impact its exploration strategy and stakeholder interests.

Tempest Minerals Limited Announces Quotation of New Securities

Tempest Minerals Limited has announced the quotation of 31,250 ordinary fully paid securities on the Australian Securities Exchange (ASX) as of October 9, 2025. This move is part of the company’s strategy to capitalize on options being exercised or convertible securities being converted, potentially strengthening its financial position and market presence.

Tempest Minerals Sets Date for 2025 AGM and Director Nominations

Tempest Minerals Limited has announced that its 2025 Annual General Meeting will take place on November 26, 2025. The company has set a deadline for director nominations to be submitted by October 8, 2025, indicating a structured approach to its governance and potential changes in its leadership team.