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Torque Metals Ltd. (AU:TOR)
ASX:TOR
Australian Market

Torque Metals Ltd. (TOR) AI Stock Analysis

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AU:TOR

Torque Metals Ltd.

(Sydney:TOR)

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Neutral 51 (OpenAI - 5.2)
Rating:51Neutral
Price Target:
AU$0.35
▲(21.38% Upside)
The overall stock score is primarily impacted by significant financial challenges, including persistent losses and negative cash flows. While technical analysis shows some positive momentum, the negative valuation metrics further weigh down the score. The absence of earnings call data and corporate events limits additional insights.
Positive Factors
Low leverage
Low reported leverage gives Torque Metals structural financial flexibility. With limited debt the company can pursue exploration programs, negotiate farm-outs or absorb short-term cash shocks without significant debt-servicing pressure, lowering insolvency risk over the next several months.
Stable equity position
A stable equity ratio indicates tangible net asset backing for exploration activities. This strengthens the balance sheet's ability to support continued drilling, secure partner commitments or collateralise funding, improving the company's capacity to advance projects over the medium term.
Clear monetization pathways
As an exploration-stage miner, Torque has durable, structural routes to value: joint ventures, farm-outs and asset sales can de-risk projects and bring partner funding. These mechanisms provide non-operational pathways to progress assets without immediate production, supporting longer-term value creation.
Negative Factors
Persistent losses and negative cash flow
Ongoing losses and negative cash flow create a structural funding challenge: the company will likely need repeated capital raises to sustain exploration. That increases dilution risk, limits ability to fund multi-stage drill programs and constrains strategic optionality over coming quarters.
Declining revenue and negative margins
Declining revenues and persistent negative margins signal weak operational scalability. For an explorer this reduces internal funding capacity, weakens negotiation leverage with potential JV partners, and extends the timeline to reach breakeven or attract development capital.
No recurring revenue streams
Lack of predictable, recurring revenue means long-term reliance on episodic capital markets or asset transactions. This structural funding model increases exposure to market conditions, raises execution risk for multi-phase exploration, and can delay project advancement if markets tighten.

Torque Metals Ltd. (TOR) vs. iShares MSCI Australia ETF (EWA)

Torque Metals Ltd. Business Overview & Revenue Model

Company DescriptionTorque Metals Limited operates as a gold exploration company in Australia. Its flagship project is the 100% owned Paris Gold project comprising 9 mining leases and 2 prospecting leases covering an area of approximately 68 square kilometers located in Western Australia. The company was incorporated in 2017 and is based in Subiaco, Australia.
How the Company Makes MoneyTorque Metals generates revenue primarily through the exploration and potential development of its mineral projects. The company focuses on identifying and acquiring promising exploration properties, where it conducts drilling and geological assessments to determine the viability of mineral deposits. Revenue is generated through various avenues, including the eventual sale of mining rights or joint ventures with larger mining companies that have the capital to develop the projects. Additionally, Torque may benefit from strategic partnerships and collaborations that help reduce exploration costs and increase investment in its projects, thereby enhancing its financial position and revenue potential.

Torque Metals Ltd. Financial Statement Overview

Summary
Torque Metals Ltd. faces significant financial challenges, with persistent losses and negative cash flows. Despite a low leverage profile, the inability to generate positive returns and cash flows poses substantial risks. Declining revenues and profitability further undermine financial stability.
Income Statement
25
Negative
Torque Metals Ltd. has experienced declining revenue growth, with a negative growth rate in the latest year. The company has consistently reported negative net profit margins, indicating ongoing losses. EBIT and EBITDA margins are also negative, reflecting operational challenges.
Balance Sheet
40
Negative
The company maintains a low debt-to-equity ratio, suggesting limited leverage, which is a positive aspect. However, the return on equity is negative, indicating that the company is not generating profits from its equity base. The equity ratio is relatively stable, showing a solid equity position relative to total assets.
Cash Flow
30
Negative
Operating and free cash flows are negative, with significant declines in free cash flow growth. The ratios of operating and free cash flow to net income are unfavorable, indicating cash flow challenges relative to reported losses.
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue140.73K191.67K196.57K100.00K0.0050.00K
Gross Profit5.90K191.67K196.57K58.68K-24.93K50.00K
EBITDA-6.62M-6.20M-4.58M-2.05M-2.13M-1.81M
Net Income-7.25M-7.25M-4.68M-2.09M-2.15M-1.82M
Balance Sheet
Total Assets60.02M60.02M22.78M11.71M10.29M8.82M
Cash, Cash Equivalents and Short-Term Investments3.52M3.52M2.26M2.09M3.44M5.08M
Total Debt478.15K478.15K19.06K40.94K61.05K0.00
Total Liabilities2.77M2.77M2.67M981.02K363.93K769.92K
Stockholders Equity57.24M57.24M20.11M10.73M9.92M8.05M
Cash Flow
Free Cash Flow-5.10M-2.40M-7.90M-3.93M-4.57M-1.44M
Operating Cash Flow-1.51M-1.51M-1.97M-270.81K-1.22M-13.91K
Investing Cash Flow-3.89M-3.89M-5.93M-3.41M-3.34M-1.43M
Financing Cash Flow6.53M6.53M8.08M2.33M2.92M6.51M

Torque Metals Ltd. Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price0.29
Price Trends
50DMA
0.30
Negative
100DMA
0.29
Positive
200DMA
0.24
Positive
Market Momentum
MACD
<0.01
Positive
RSI
45.74
Neutral
STOCH
14.97
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:TOR, the sentiment is Neutral. The current price of 0.29 is below the 20-day moving average (MA) of 0.31, below the 50-day MA of 0.30, and above the 200-day MA of 0.24, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 45.74 is Neutral, neither overbought nor oversold. The STOCH value of 14.97 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for AU:TOR.

Torque Metals Ltd. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
61
Neutral
$10.43B7.12-0.05%2.87%2.86%-36.73%
54
Neutral
AU$158.62M-141.04-2.97%42.74%
52
Neutral
AU$124.59M-10.50-31.98%-700.00%
51
Neutral
AU$166.84M-10.14-18.74%14.63%
49
Neutral
AU$110.46M-21.00-13.15%3.85%
46
Neutral
AU$332.60M-56.92-8.41%-85.71%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:TOR
Torque Metals Ltd.
0.29
0.22
314.29%
AU:KAI
Kairos Minerals
0.04
0.03
162.50%
AU:TAM
Tanami Gold NL
0.11
0.08
250.00%
AU:WWI
West Wits Mining Limited
0.07
0.06
311.11%
AU:HRN
Horizon Gold Ltd
0.95
0.44
86.76%

Torque Metals Ltd. Corporate Events

Torque Metals Advances Paris Gold Camp Toward Development With Aggressive Drilling and Permitting Push
Jan 28, 2026

Torque Metals has outlined its 2026 strategy for the Paris Gold Camp, moving the project from discovery and expansion into a more mature resource growth and development phase. The company has begun mining development and permitting activities, including mine development closure planning and technical studies to support regulatory submissions for proposed mining operations, leveraging pre-Native Title granted mining leases that enable a faster transition from care and maintenance toward development. With a current Mineral Resource of 250,000 ounces at 3.1 g/t gold defined at AUD$3,000/oz and recent drilling identifying additional shallow high-grade mineralisation outside the existing resource envelope, Torque is running an aggressive multi-rig drilling program to both expand and upgrade resources, particularly at the Paris and Observation deposits. Ongoing exploration at targets such as Paris South, Strauss and Maynards Dam is aimed at adding near-surface ounces, while the company also evaluates toll-treatment and other development pathways, signalling a shift toward potential gold production and enhanced project value for stakeholders, subject to regulatory approvals.

The most recent analyst rating on (AU:TOR) stock is a Hold with a A$0.34 price target. To see the full list of analyst forecasts on Torque Metals Ltd. stock, see the AU:TOR Stock Forecast page.

Torque Metals Issues Over 54 Million Shares in Compliance with Corporations Act
Dec 17, 2025

Torque Metals Limited has issued 54,670,291 ordinary shares without disclosure to investors, in compliance with the Corporations Act 2001. This strategic move, authorized by the Board of Directors, reflects Torque’s adherence to regulatory standards, potentially impacting its market positioning and stakeholder confidence.

The most recent analyst rating on (AU:TOR) stock is a Hold with a A$0.29 price target. To see the full list of analyst forecasts on Torque Metals Ltd. stock, see the AU:TOR Stock Forecast page.

Torque Metals Ltd. Announces Quotation of 50 Million New Securities
Dec 17, 2025

Torque Metals Ltd. has announced the quotation of 50,000,000 ordinary fully paid securities on the ASX, effective December 17, 2025. This move is part of previously announced transactions and is expected to enhance the company’s capital structure, potentially impacting its market positioning and stakeholder interests positively.

The most recent analyst rating on (AU:TOR) stock is a Hold with a A$0.29 price target. To see the full list of analyst forecasts on Torque Metals Ltd. stock, see the AU:TOR Stock Forecast page.

Torque Metals Ltd. Announces Quotation of New Securities on ASX
Dec 17, 2025

Torque Metals Ltd. has announced the quotation of 4,670,291 new ordinary fully paid securities on the Australian Securities Exchange (ASX) as of December 17, 2025. This move is expected to bolster the company’s capital structure, potentially enhancing its operational capabilities and market presence.

The most recent analyst rating on (AU:TOR) stock is a Hold with a A$0.29 price target. To see the full list of analyst forecasts on Torque Metals Ltd. stock, see the AU:TOR Stock Forecast page.

Torque Metals Secures $16.2 Million for Paris Gold Project Expansion
Dec 17, 2025

Torque Metals Limited has successfully raised $16.2 million through a $15 million institutional placement and an additional $1.16 million from early option exercises. This funding strengthens Torque’s balance sheet, enabling an aggressive drilling program at the Paris Gold Project starting in early January 2026. The funds will primarily support drilling efforts to explore high-grade lodes and new targets, with a small portion allocated to working capital and corporate costs. This financial boost positions Torque to significantly advance its exploration activities and potentially increase its resource base, reflecting strong investor confidence and support.

The most recent analyst rating on (AU:TOR) stock is a Hold with a A$0.29 price target. To see the full list of analyst forecasts on Torque Metals Ltd. stock, see the AU:TOR Stock Forecast page.

$15 Million Boost for Torque Metals to Accelerate Paris Gold Project
Dec 9, 2025

Torque Metals Limited has successfully raised $15 million through a placement cornerstoned by leading global precious metals and natural resource funds, priced at $0.30 per share. This funding will enable the company to accelerate its exploration and drilling activities at the Paris Gold Project, a largely unexplored gold system with significant potential. The capital will support aggressive drilling campaigns and feasibility work, positioning Torque to enhance its resource base and pursue value-accretive activities, thereby strengthening its market position and offering development optionality.

The most recent analyst rating on (AU:TOR) stock is a Hold with a A$0.29 price target. To see the full list of analyst forecasts on Torque Metals Ltd. stock, see the AU:TOR Stock Forecast page.

Torque Metals Initiates Trading Halt Ahead of Funding Announcement
Dec 8, 2025

Torque Metals Limited has requested a trading halt on its securities pending an announcement about the finalization of a bought deal funding arrangement. This halt is expected to last until the announcement is made or normal trading resumes on December 10, 2025. The move indicates potential strategic financial developments for the company, which could impact its market positioning and stakeholder interests.

The most recent analyst rating on (AU:TOR) stock is a Hold with a A$0.29 price target. To see the full list of analyst forecasts on Torque Metals Ltd. stock, see the AU:TOR Stock Forecast page.

Torque Metals Uncovers New Gold Zones at HHH Deposit
Nov 27, 2025

Torque Metals Ltd. has announced promising results from its Down-hole Electromagnetics (DHEM) surveys at the HHH deposit, part of the Paris Gold Camp in Western Australia. The surveys have identified multiple new gold zones, confirming that mineralization extends beyond the current resource envelope both laterally and at depth. This discovery includes two additional east-west lodes and a new mineralized structure, indicating significant unexplored potential. The application of DHEM, previously successful at the Paris deposit, has proven effective at HHH, providing clear targets for future drilling and enhancing the company’s exploration strategy in the region.

The most recent analyst rating on (AU:TOR) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Torque Metals Ltd. stock, see the AU:TOR Stock Forecast page.

Torque Metals Limited Concludes Annual General Meeting with Key Resolutions Passed
Nov 26, 2025

Torque Metals Limited, listed on the Australian Securities Exchange under the ticker TOR, held its Annual General Meeting on November 26, 2025. During the meeting, all resolutions except one were passed, with the conditional Resolution 2 being withdrawn. The successful resolutions included the adoption of the Remuneration Report, the election of directors Evan Cranston and Tolga Kumova, approval of an additional 10% placement facility, and the renewal of the Long-Term Incentive Plan. These outcomes are likely to impact the company’s governance and operational strategies moving forward.

The most recent analyst rating on (AU:TOR) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Torque Metals Ltd. stock, see the AU:TOR Stock Forecast page.

Torque Metals Strikes High-Grade Gold at HHH Deposit
Nov 13, 2025

Torque Metals Ltd. has reported promising results from its recent drilling activities at the HHH deposit in Western Australia, part of the Paris Gold Camp. The company has successfully intersected high-grade gold mineralization, including a notable 5 meters at 15.2 grams per tonne of gold. These results confirm the potential of the HHH deposit to extend the known mineralization further, with ongoing exploration efforts guided by downhole electromagnetic surveys. Torque Metals is well-funded to continue its resource extension drilling, which could significantly enhance its resource base and strengthen its position in the gold mining sector.

The most recent analyst rating on (AU:TOR) stock is a Buy with a A$0.55 price target. To see the full list of analyst forecasts on Torque Metals Ltd. stock, see the AU:TOR Stock Forecast page.

Torque Metals Announces Key Leadership Changes
Nov 6, 2025

Torque Metals Limited has announced a change in its company secretary position, appointing Ms. Oonagh Malone effective November 6, 2025. Ms. Malone brings over a decade of experience in governance roles and will handle communications with the ASX. Concurrently, the company announced the resignation of Ms. Michelle Kennedy as Chief Financial Officer and Joint Company Secretary, along with Ms. Meagan Hamblin as Joint Company Secretary, thanking them for their service.

The most recent analyst rating on (AU:TOR) stock is a Buy with a A$0.55 price target. To see the full list of analyst forecasts on Torque Metals Ltd. stock, see the AU:TOR Stock Forecast page.

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.Date of analysis: Nov 30, 2025