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South Harz Potash Ltd
(Sydney:TSR)
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Rating:46Neutral
Price Target:
AU$0.02
▼(-26.67% Downside)
Action:Reiterated
Date:06/30/26
The score is primarily constrained by weak financial performance: the company is pre-revenue with ongoing losses, persistent negative cash flow, and a sharply reduced equity base (funding risk). Offsetting factors are the meaningful improvement in recent loss/cash burn and the absence of debt. Technical and valuation inputs are limited due to missing indicators and a non-meaningful negative P/E.
Positive Factors
Debt-free balance sheet
A zero-debt capital structure materially lowers solvency and interest-cost risk for a pre-revenue developer. That gives management flexibility to time equity raises or project financing, reduces mandatory cash outflows, and preserves optionality while advancing permitting and studies.
Negative Factors
Pre-revenue with persistent losses
Being pre-revenue with recurring operating losses creates ongoing funding dependency. Without operating cash inflows, management must repeatedly access external capital; this structural mismatch increases dilution risk and constrains the firm's ability to execute multi-year development milestones independently.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-free balance sheet
A zero-debt capital structure materially lowers solvency and interest-cost risk for a pre-revenue developer. That gives management flexibility to time equity raises or project financing, reduces mandatory cash outflows, and preserves optionality while advancing permitting and studies.
Read all positive factors
South Harz Potash Ltd (TSR) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$3.40M
Dividend YieldN/A
Average Volume (3M)408.27K
Price to Earnings (P/E)―
Beta (1Y)0.97
Revenue GrowthN/A
EPS Growth65.80%
CountryAU
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)-0.01
Shares Outstanding169,756,580
10 Day Avg. Volume701,370
30 Day Avg. Volume408,271
Financial Highlights & Ratios
PEG Ratio0.17
Price to Book (P/B)38.44
Price to Sales (P/S)0.00
P/FCF Ratio-11.55
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
South Harz Potash Ltd Business Overview & Revenue Model
Company Description
South Harz Potash Limited explores for and develops mineral properties in Germany. The company primarily explores for potash deposits. It holds a 100% interest in the South Harz projects that includes three mining licences in Ohmgebirge, Mühlhause...
How the Company Makes Money
null...
South Harz Potash Ltd Financial Statement Overview
Summary
Income Statement
8
Very Negative
Balance Sheet
30
Negative
Cash Flow
12
Very Negative
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South Harz Potash Ltd 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% | |
46 Neutral | AU$3.40M | -1.03 | -238.69% | ― | ― | 65.80% | |
44 Neutral | AU$20.28M | -7.27 | -8.97% | ― | ― | 94.80% | |
42 Neutral | AU$5.14M | -1.00 | -1090.71% | ― | ― | -118.10% | |
41 Neutral | AU$8.42M | -2.78 | 100.69% | ― | ― | 90.94% |
* Basic Materials Sector Average
AU:TSR
South Harz Potash Ltd
0.02
-0.02
-42.86%
AU:AMN
Agrimin Limited
0.06
-0.04
-39.78%
AU:APC
Australian Potash Limited
0.01
0.00
0.00%
AU:RWD
Reward Minerals Limited
0.03
-0.01
-31.82%
AU:KM1
Kali Metals Limited
0.10
-0.06
-37.50%
South Harz Potash Ltd Corporate Events
Turnstone Resources accelerates Swedish copper-gold exploration with Glava acquisition and drilling plans
Jul 30, 2026
Turnstone Resources has materially advanced its Swedish copper-gold portfolio in the June 2026 quarter, building a significant presence in the Värmland district. The company now controls seven licences over about 100 square kilometres, target...
Turnstone Resources Schedules Investor Webinar on Swedish Copper-Gold Portfolio
Jul 2, 2026
Turnstone Resources Ltd has invited shareholders and prospective investors to an online investor webinar to be hosted by Executive Chair Len Jubber on 6 July 2026. The session will provide an update on the company’s exploration activities ac...
Turnstone outlines cautious strategy for Sweden copper-gold portfolio
Jul 1, 2026
Turnstone Resources has released an investor presentation dated 1 July 2026 outlining its disciplined approach to progressing a portfolio of copper-gold prospects in Sweden. The document emphasises that the material is summary in nature, relies pa...
Turnstone flags high-grade copper-gold results and validates historic drilling in Swedish portfolio
Jun 25, 2026
Turnstone Resources has reported high-grade in-situ rock chip results from its Glava project in Sweden, including assays up to 31.6 grams per tonne gold and 12.9% copper, confirming a strong copper-gold association. Geological mapping at Glava sug...
Turnstone Exercises Glava 100 Option to Grow Swedish Copper–Gold Portfolio
Jun 1, 2026
Turnstone Resources has exercised its option to acquire the Glava 100 copper–gold permit area in Sweden from McKnight Resources, consolidating its entry into a key Scandinavian critical minerals district. This move expands its Swedish portfo...
Turnstone Resources Options Lapse Clarifies Issued Capital Structure
May 28, 2026
Turnstone Resources Ltd has announced the expiry of a tranche of listed options, with 307,107 options (code TSRAK) ceasing on 27 May 2026 after reaching their expiry date without being exercised. The options carried an exercise price of $3.045 and...
Turnstone Resources Director Boosts Indirect Shareholding
May 11, 2026
Turnstone Resources director Leonard Stanley Jubber has increased his indirect holding in the company through an acquisition of 1,666,667 fully paid ordinary shares at $0.03 per share. The shares were acquired via entities associated with his spou...
Turnstone Resources Confirms Compliance for New Share Issue
May 11, 2026
Turnstone Resources has advised that it recently issued 6,166,667 fully paid ordinary shares and applied to have them quoted on the ASX, as detailed in an earlier filing. The company has formally notified the exchange that these shares were issued...
Turnstone Resources Completes Unmarketable Parcel Share Sale Facility
May 7, 2026
Turnstone Resources Ltd has completed an unmarketable parcel share sale facility aimed at holders of very small shareholdings valued at less than A$500. The initiative allowed these shareholders to sell their stakes without brokerage or handling c...
Turnstone Resources Seeks Quotation for 6.2 Million New Shares
May 5, 2026
Turnstone Resources Ltd, listed on the ASX under ticker TSR, has ordinary fully paid shares on issue but provides no further detail on its sector focus or operating assets in this notice.The company has applied for quotation of 6,166,667 additiona...
Turnstone Resources Expands Swedish Critical Minerals Portfolio After Transformational Quarter
Apr 30, 2026
Turnstone Resources reported a transformational March 2026 quarter marked by its rebrand, expansion in Sweden and new funding. The company now holds or controls seven copper-gold licences across the Glava-Klinten and Torsby West projects, building...
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.