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Tempest Minerals Limited (AU:TEM)
ASX:TEM

Tempest Minerals Limited (TEM) AI Stock Analysis

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AU

Tempest Minerals Limited

(Sydney:TEM)

Rating:35Underperform
Price Target:
Tempest Minerals Limited's overall score is low due to significant financial challenges, including the lack of revenue and profitability, which poses a high risk. While the absence of debt and a strong equity base are positives, they are overshadowed by the company's inability to generate positive cash flow. The technical analysis remains neutral due to the absence of indicators, and valuation metrics highlight ongoing financial struggles. Strategic improvements are necessary for future viability.

Tempest Minerals Limited (TEM) vs. iShares MSCI Australia ETF (EWA)

Tempest Minerals Limited Business Overview & Revenue Model

Company DescriptionTempest Minerals Limited (TEM) is an Australian-based mineral exploration company focused on discovering and developing high-value mineral resources. The company's primary sectors include base and precious metals exploration, with a particular emphasis on gold, copper, and other mineral deposits. Tempest Minerals operates a portfolio of projects located in prospective mineral regions within Western Australia, leveraging advanced geological techniques to identify and assess potential mining sites.
How the Company Makes MoneyTempest 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
10
Very Negative
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
40
Negative
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
30
Negative
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
TTMJun 2024Jun 2023Jun 2022Jun 2021Jun 2020
Income StatementTotal Revenue
0.000.000.000.000.000.00
Gross Profit
-2.87K-5.48K-6.23K-6.17K-3.00K-4.01K
EBIT
-534.40K-1.05M-1.30M-1.08M-1.08M-1.73M
EBITDA
-596.00K-869.82K-1.06M-1.08M-1.08M-1.65M
Net Income Common Stockholders
-598.86K-875.22K-1.07M-953.52K-754.76K-1.65M
Balance SheetCash, Cash Equivalents and Short-Term Investments
965.46K1.90M3.86M8.25M1.11M106.01K
Total Assets
11.17M10.83M11.55M12.68M3.06M1.29M
Total Debt
0.000.000.000.000.000.00
Net Debt
-542.44K-1.47M-2.64M-7.89M-785.21K-106.01K
Total Liabilities
220.88K334.50K267.17K386.27K88.46K149.97K
Stockholders Equity
10.95M10.50M11.28M12.30M2.97M1.14M
Cash FlowFree Cash Flow
-990.99K-2.10M-4.70M-3.06M-1.81M-1.57M
Operating Cash Flow
-396.41K-952.25K-927.06K-1.08M-855.59K-1.11M
Investing Cash Flow
375.42K-211.97K-4.35M-1.90M-795.16K-412.48K
Financing Cash Flow
733.40K-14.62K21.51K10.08M2.33M1.34M

Tempest Minerals Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (51)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
AUGML
56
Neutral
AU$12.67M4.928.76%
51
Neutral
$2.04B-1.15-21.37%3.64%2.88%-30.57%
AUKAI
46
Neutral
$73.67M-6.55%-50.00%
AUNVA
37
Underperform
$113.05M-9.46%41.29%
AUTEM
35
Underperform
€2.94M-9.27%5.00%
AURLC
35
Underperform
AU$2.33M
22.22%
AUARV
32
Underperform
$15.17M-53.93%-1133.33%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:TEM
Tempest Minerals Limited
0.01
0.00
0.00%
AU:KAI
Kairos Minerals
0.03
0.02
180.00%
AU:NVA
Nova Minerals
0.36
0.15
73.17%
AU:RLC
Reedy Lagoon Corporation Limited
AU:ARV
Artemis Resources
0.01
>-0.01
-23.08%
AU:GML
Gateway Mining Limited
0.03
0.00
0.00%

Tempest Minerals Limited Corporate Events

Tempest Minerals Achieves Milestone with Inaugural Resource Estimate at Remorse Deposit
Apr 30, 2025

Tempest Minerals Ltd has announced the completion of its inaugural inferred resource estimate for the Remorse Magnetite Iron Deposit, marking a significant milestone in the transition from exploration to resource definition. The estimate, which comprises 63.5 million tonnes at 30.6% iron, provides a foundation for future development studies and potential mining operations. The company anticipates further increases in resource size with ongoing drilling and development. This development positions TEM to advance from an explorer to a developer, supported by a memorandum of understanding with GreenSteel and Iron Pty Ltd for potential processing synergies.

Tempest Minerals Announces Major Iron Discovery and Expansion Plans
Apr 29, 2025

Tempest Minerals Limited has announced a significant discovery at its Remorse Iron project, with an initial exploration target of up to 110 million tonnes at 30-32% iron. The company has commenced project development studies and signed a memorandum of understanding with WA Developer Green Steel and Iron Developer. Additionally, Tempest is preparing for further gold exploration across its portfolio and has announced a capital raising initiative to generate up to $1.869 million. These developments are expected to enhance Tempest’s operational capabilities and strengthen its position in the mining industry.

Tempest Minerals Announces Proposed Securities Issue
Apr 28, 2025

Tempest Minerals Limited has announced a proposed issue of securities, including options and ordinary fully paid shares, with a total of 153,035,895 securities to be issued. This move is aimed at raising capital, potentially enhancing the company’s financial position and enabling further exploration and development activities, which could impact its market positioning and stakeholder interests.

Tempest Minerals Secures $400,000 for Gold and Iron Projects
Apr 28, 2025

Tempest Minerals Ltd has successfully raised $400,000 through a placement to sophisticated and wholesale investors, aimed at advancing its gold exploration and Remorse Iron development projects in Western Australia. The funds will support ongoing exploration activities and the development of the Remorse Iron discovery, positioning the company to expand its portfolio and strengthen its market presence. The company also plans a non-renounceable entitlement issue to raise additional funds, with Cygnet Capital Pty Ltd appointed as the lead manager.

Tempest Minerals Initiates Trading Halt for Capital Raising
Apr 24, 2025

Tempest Minerals Limited has requested a trading halt on its securities from the Australian Securities Exchange (ASX) as it finalizes a capital raising initiative. This move is expected to impact the company’s operations by potentially enhancing its financial position, which may influence its market strategy and stakeholder interests.

Tempest Minerals Cancels Proposed Securities Placement
Apr 15, 2025

Tempest Minerals Limited announced the cancellation of a previously proposed securities placement, initially intended to raise capital. This decision may impact the company’s financial strategy and market positioning, as stakeholders will need to reassess the company’s future funding plans and operational focus.

Tempest Minerals Ends Agreement with Cambrian, Explores New Fundraising Options
Apr 15, 2025

Tempest Minerals Ltd announced the termination of its binding agreement with Cambrian Limited and will not proceed with the proposed placement mentioned earlier this month. The company is exploring alternative fundraising options and will provide updates to the market when feasible, indicating a shift in its strategic financial planning.

Tempest Minerals Initiates Trading Halt Ahead of Capital Raising Update
Apr 14, 2025

Tempest Minerals Limited has requested a trading halt on its securities pending an announcement related to a proposed capital raising. This trading halt will remain in effect until the company releases the announcement or until the commencement of normal trading on April 16, 2025. The halt is intended to provide the market with updated information regarding the capital raising, which was initially announced on April 2, 2025.

Tempest Minerals Announces Proposed Issue of New Securities
Apr 2, 2025

Tempest Minerals Limited has announced a proposed issue of 10,000,000 new securities in the form of options, exercisable at $0.01 and expiring 24 months from the date of issue. This move is part of a placement or other type of issue, potentially impacting the company’s capital structure and providing additional funding for its operations, which could influence its market positioning and stakeholder interests.

Tempest Minerals Announces New Securities Issue to Strengthen Capital
Apr 1, 2025

Tempest Minerals Limited has announced a proposed issue of securities, including 100 million options exercisable at $0.007 and 200 million fully paid ordinary shares. This strategic move is expected to bolster the company’s capital structure, potentially enhancing its operational capabilities and market positioning.

Tempest Minerals Secures $1M Investment for Exploration Expansion
Apr 1, 2025

Tempest Minerals Ltd has announced a private placement to raise AUD$1,000,000, with Cambrian Limited, an international natural resources investor, committing AUD$250,000 as a cornerstone investor. The funds will be used to advance the company’s exploration projects in Western Australia, particularly the promising Remorse Project, which has shown potential for significant iron ore deposits. The placement will occur in two tranches, with shareholder approval sought for the second tranche, and a pro-rata rights issue planned for existing shareholders.

Tempest Minerals Limited Releases Interim Financial Report
Mar 12, 2025

Tempest Minerals Limited has released its interim financial report for the half-year ending December 31, 2024. The report includes consolidated financial statements and highlights the company’s ongoing exploration activities. The document also contains a Competent Person Statement, ensuring the scientific and technical information is prepared by a qualified expert. The release reaffirms the company’s commitment to transparency in reporting exploration results and maintaining compliance with industry standards.

Tempest Minerals Initiates Testing at Yalgoo Project
Feb 12, 2025

Tempest Minerals Ltd has commenced metallurgical testing for its Remorse magnetite iron discovery within the Yalgoo Project in Western Australia. The testing, involving over 5 tonnes of samples, aims to assess processing variables, with initial results expected in March 2025. This development is part of Tempest’s broader strategy to advance the Remorse deposit, potentially positioning the company as a future supplier in the iron and steel industry, particularly in collaboration with Green Steel and Iron Pty Ltd to explore green steelmaking opportunities.

Tempest Minerals Director Increases Shareholding
Feb 11, 2025

Tempest Minerals Limited has announced a change in the indirect interest of its Director, Owen Burchell, involving the acquisition of 666,667 ordinary shares by Celbridge Investments Pty Ltd, where he serves as a director and shareholder. This transaction, executed as an on-market trade, increases Burchell’s total holding to 13,669,889 ordinary shares, potentially impacting the company’s governance and market perception.

Tempest Minerals Partners with GreenSteel for Green Steelmaking Initiatives
Feb 6, 2025

Tempest Minerals Limited has entered into a Memorandum of Understanding with Green Steel and Iron Pty Ltd to collaborate on developing the Remorse magnetite deposit for green steelmaking processes. This partnership aims to position Tempest at the forefront of the low-carbon steel industry by leveraging GreenSteel’s expertise and Tempest’s resources, potentially fast-tracking the processing of magnetite from the Remorse deposit. The agreement could significantly enhance Tempest’s market positioning by securing local off-takers, planning for new infrastructure, and exploring synergies for long-term business strategies.

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.