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Tivan Limited (AU:TVN)
ASX:TVN

Tivan Limited (TVN) AI Stock Analysis

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AU:TVN

Tivan Limited

(Sydney:TVN)

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Neutral 43 (OpenAI - 5.2)
,
Neutral 43 (OpenAI - 5.2)
,
Neutral 43 (OpenAI - 5.2)
Rating:43Neutral
Price Target:
AU$0.29
â–²(20.83% Upside)
Action:ReiteratedDate:03/10/26
The score is primarily held down by weak financial performance—ongoing losses and persistent cash burn—despite low leverage on the balance sheet. Technicals are mixed with near-term weakness versus 20D/50D but some longer-term improvement above 100D/200D. Valuation is constrained by unprofitability (negative P/E) and no provided dividend yield.
Positive Factors
Low leverage / strong capital base
Very low debt-to-equity and a sizeable positive equity base reduce near-term refinancing risk and give the company flexibility to fund project development via equity or JV structures. This durable balance-sheet strength lowers bankruptcy risk while advancing Speewah.
Defined monetisation pathways for Speewah project
A clear set of commercial pathways (offtake, spot sales, JV/partnerships, licensing) strengthens execution options and reduces single-path risk. Over months this increases the chance of securing funding, offtakes or partners to commercialise the Speewah resource if technical milestones are met.
Narrowing net loss year-over-year
A materially smaller net loss in the latest year suggests operational progress or improved cost control versus the prior year. If sustained, narrowing losses reduce external funding dependence and support a path toward break-even as project development advances.
Negative Factors
Sustained negative cash flow
Persistent negative operating and free cash flows mean the business cannot self-fund development and will need external capital repeatedly. Over a multi-month horizon this raises dilution or financing risk, and constrains ability to progress Speewah without partners or new funding.
Minimal, volatile and declining revenue
Low and inconsistent revenue undermines internal funding capacity and operational scalability. A nearly 20% revenue drop shows fragility in commercial traction; without stable revenue the company remains exposed to funding gaps and execution delays for project development.
Negative returns on equity and persistent losses
Consistently negative ROE and operating losses indicate the business is destroying shareholder capital rather than creating value. Over months this signals underlying profitability challenges that must be resolved by project commercialization or structural cost/revenue changes to justify further investment.

Tivan Limited (TVN) vs. iShares MSCI Australia ETF (EWA)

Tivan Limited Business Overview & Revenue Model

Company DescriptionTivan Limited (TVN) is a diversified company operating across multiple sectors including technology, healthcare, and consumer goods. The company specializes in developing innovative solutions and products that cater to both business and consumer markets. Its core offerings include software development, medical devices, and consumer electronics, positioning it as a leader in leveraging technology to enhance everyday living and business operations.
How the Company Makes MoneyTivan Limited’s intended revenue model is to generate income from the development and operation of its Speewah Fluorite Project by producing and selling mineral and/or chemical products derived from the Speewah orebody—principally fluorite products (e.g., acid-grade fluorspar or related downstream fluorine chemicals where applicable), and potentially vanadium- and titanium-bearing products if developed to a saleable specification. Monetisation pathways typically include (a) direct sales under offtake agreements to industrial customers, (b) product sales into spot markets via traders, and/or (c) partnering, joint venturing, or licensing/technology arrangements to fund construction and share economics. Specific details on current commercial production revenues, executed offtake contracts, pricing terms, and material partnerships are null.

Tivan Limited Financial Statement Overview

Summary
Income statement and cash flow are very weak with minimal/volatile revenue, ongoing losses, and persistent negative operating/free cash flow (notably -13.3M FCF in 2025). Balance sheet leverage is low and equity remains positive, which helps reduce near-term balance-sheet risk, but negative ROE and ongoing cash burn keep overall financial performance pressured.
Income Statement
12
Very Negative
Profitability remains very weak, with consistent operating losses and negative net income across all reported years. Revenue is minimal and volatile (including zero-revenue years), and the latest annual period (2025-06-30) shows a revenue decline of ~19.8% versus the prior year, while losses remain large relative to revenue (deeply negative operating and net margins). A modest positive is that net loss in 2025 is materially smaller than 2024, but overall earnings quality and business scale are still poor.
Balance Sheet
72
Positive
Leverage is low, with debt-to-equity generally modest and particularly low in the latest year (~0.02), which reduces balance-sheet risk. Equity remains positive and sizeable relative to total assets, indicating a meaningful capital base. The key weakness is persistent negative returns on equity (including extremely negative ROE in 2024), showing that capital is not currently generating profits and could be pressured further if losses continue.
Cash Flow
18
Very Negative
Cash generation is consistently negative, with operating cash flow below zero every year and free cash flow deeply negative (notably -13.3M in 2025). While the free cash flow loss appears to have improved versus 2024 (positive free cash flow growth), the business is still consuming cash and not self-funding operations. This sustained cash burn increases reliance on external funding over time despite the currently low debt load.
BreakdownTTMJun 2025Jun 2024Jun 2023Jun 2022Jun 2021
Income Statement
Total Revenue-9.00K69.00K0.0075.00K0.00184.00K
Gross Profit-91.00K69.00K-523.00K-405.00K-342.00K-147.00K
EBITDA-9.06M-7.18M-62.44M-6.59M-4.54M-2.56M
Net Income-6.61M-4.91M-67.83M-7.08M-4.89M-2.90M
Balance Sheet
Total Assets72.04M43.74M27.65M81.52M73.40M66.12M
Cash, Cash Equivalents and Short-Term Investments11.92M6.46M378.00K1.30M14.64M12.03M
Total Debt844.00K666.00K3.57M212.00K111.00K253.00K
Total Liabilities13.44M4.96M13.82M9.59M2.55M2.84M
Stockholders Equity53.32M38.79M13.83M71.92M70.85M63.28M
Cash Flow
Free Cash Flow-14.76M-13.29M-8.71M-12.38M-8.61M-9.16M
Operating Cash Flow-4.74M-4.74M-4.32M-4.79M-3.26M-2.15M
Investing Cash Flow-16.91M-13.71M-8.31M-8.28M-5.38M-7.02M
Financing Cash Flow30.98M24.53M11.71M-76.00K11.65M11.98M

Tivan Limited Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.24
Price Trends
50DMA
0.38
Negative
100DMA
0.30
Negative
200DMA
0.20
Positive
Market Momentum
MACD
-0.02
Positive
RSI
35.50
Neutral
STOCH
7.13
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:TVN, the sentiment is Negative. The current price of 0.24 is below the 20-day moving average (MA) of 0.39, below the 50-day MA of 0.38, and above the 200-day MA of 0.20, indicating a neutral trend. The MACD of -0.02 indicates Positive momentum. The RSI at 35.50 is Neutral, neither overbought nor oversold. The STOCH value of 7.13 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:TVN.

Tivan Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
63
Neutral
AU$304.45M7.2917.97%2.13%―-94.07%
62
Neutral
AU$237.25M7.084.27%―-13.54%-56.86%
61
Neutral
$10.43B7.12-0.05%2.87%2.86%-36.73%
57
Neutral
€256.26M9.297.38%2.17%21.95%-84.84%
44
Neutral
AU$248.15M-8.29-377.15%――32.73%
43
Neutral
AU$680.33M-29.89-14.35%――93.70%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:TVN
Tivan Limited
0.30
0.21
248.84%
AU:GRR
Grange Resources Limited
0.21
>-0.01
-2.38%
AU:NTU
Northern Minerals Limited
0.03
<0.01
30.00%
AU:FEX
Fenix Resources Limited
0.34
0.07
27.86%
AU:RHI
Red Hill Iron Limited
4.74
1.75
58.37%

Tivan Limited Corporate Events

Tivan Halts Trading Ahead of Speewah Fluorite Feasibility Update
Mar 17, 2026

Tivan Limited has requested and been granted a trading halt in its securities on the ASX, with the halt to remain in place until either the release of a pending announcement or the commencement of normal trading on 20 March 2026. The pause in trading is specifically tied to forthcoming announcements regarding the Feasibility Study for the Speewah Fluorite Project, signalling that material information on the project’s development and potential economic impact is imminent for investors and other stakeholders.

The company has indicated it is not aware of any reason the halt should not be granted and has affirmed that no further information is required to inform the market about this action. The move underscores the significance of the upcoming feasibility results for Tivan’s project pipeline and market valuation, as the findings are likely to influence perceptions of the company’s growth prospects in the mineral resources sector.

The most recent analyst rating on (AU:TVN) stock is a Sell with a A$0.30 price target. To see the full list of analyst forecasts on Tivan Limited stock, see the AU:TVN Stock Forecast page.

Tivan Seeks ASX Quotation for 703,317 New Ordinary Shares
Mar 17, 2026

Tivan Limited has applied for quotation on the ASX of 703,317 new ordinary fully paid shares, with an issue date of March 17, 2026. The additional securities, arising from the exercise or conversion of existing instruments, modestly expand the company’s listed capital base and may incrementally enhance liquidity for shareholders.

The move reflects ongoing utilisation of equity-based funding mechanisms, potentially signalling continued corporate activity or progress against underlying strategic or financing plans. While small in scale, the new quotation could slightly broaden the investor register and contribute to trading depth in Tivan’s securities over time.

The most recent analyst rating on (AU:TVN) stock is a Sell with a A$0.30 price target. To see the full list of analyst forecasts on Tivan Limited stock, see the AU:TVN Stock Forecast page.

Tivan accelerates IPCM funding to advance Speewah Fluorite studies
Mar 12, 2026

Tivan Limited has secured an accelerated $3 million tranche of Australian government grant funding under the International Partnerships in Critical Minerals program for its Speewah Fluorite Project, bringing forward payment to August 2026. The variation deed also realigns the grant timetable with the project’s feasibility and definitive feasibility study schedule, with about $1 million in remaining grant support to follow completion of the definitive feasibility study.

Together with previous IPCM disbursements, the new tranche lifts total grant receipts to $3.4 million net of GST to date and underpins ongoing study work ahead of a final investment decision. Combined with existing funding agreements and equity commitments from Sumitomo, JOGMEC and ETFS Capital, the package provides a comprehensive funding pathway intended to carry the Speewah project through to final investment decision, enhancing financial certainty and execution planning for stakeholders.

The most recent analyst rating on (AU:TVN) stock is a Hold with a A$0.31 price target. To see the full list of analyst forecasts on Tivan Limited stock, see the AU:TVN Stock Forecast page.

Tivan seeks ASX quotation for 798,848 new ordinary shares
Mar 10, 2026

Tivan Limited has applied to the Australian Securities Exchange for quotation of 798,848 additional ordinary fully paid shares under its ASX code TVN, with an issue date of March 10, 2026. The new shares, which arise from the exercise or conversion of existing options or other convertible securities, will modestly increase the company’s free float and may marginally dilute existing shareholders while providing additional equity capital flexibility.

The application, lodged as an Appendix 2A new announcement, confirms that Tivan agrees to the ASX Listing Rules requirements for quotation of these securities. While the release does not specify the exact purpose of the underlying option or convertible security program, the move reflects routine capital management activity that slightly expands the company’s quoted share base on the ASX.

The most recent analyst rating on (AU:TVN) stock is a Hold with a A$0.38 price target. To see the full list of analyst forecasts on Tivan Limited stock, see the AU:TVN Stock Forecast page.

Tivan commits $1m to Indigenous community development in Central Australia
Mar 5, 2026

Tivan Limited has launched a landmark community development initiative with the Central Land Council in the Northern Territory, committing up to $1 million over four years to support Indigenous communities in the regions surrounding its Molyhil Tungsten and Sandover Fluorite projects. The funding, delivered through the CLC’s established Community Development Program and separate from existing land access agreements, underscores Tivan’s strategy to embed early, transparent community benefits and strengthen long-term relationships with Traditional Owners and Native Title Holders as it builds out a critical minerals hub in Central Australia.

The initiative is structured as an initial $250,000 grant followed by three annual tranches of up to $250,000, targeting community projects for Traditional Owners linked to Tivan’s key project areas. By aligning its social investment with the CLC’s governance framework and progressing technical work such as scoping studies and drilling at Molyhil and Sandover, Tivan aims to set a benchmark for responsible minerals development and bolster its social licence in a region central to its future operations.

The most recent analyst rating on (AU:TVN) stock is a Hold with a A$0.43 price target. To see the full list of analyst forecasts on Tivan Limited stock, see the AU:TVN Stock Forecast page.

Tivan Seeks ASX Quotation for Additional 2.1 Million Shares
Mar 3, 2026

Tivan Limited has applied to the Australian Securities Exchange for quotation of 2,091,700 new ordinary fully paid shares under its ASX code TVN, with an issue date of 3 March 2026. The modest increase in quoted securities slightly expands the company’s equity base, providing additional tradable stock for investors and incrementally broadening its market capitalization and liquidity profile.

While the filing provides limited operational detail, it confirms ongoing access to the equity market as a source of capital for Tivan. The additional shares, arising from the exercise or conversion of existing securities, reflect continued participation by holders of options or convertibles and may signal steady investor engagement in the company’s listed instruments.

The most recent analyst rating on (AU:TVN) stock is a Hold with a A$0.47 price target. To see the full list of analyst forecasts on Tivan Limited stock, see the AU:TVN Stock Forecast page.

Tivan details interim report release and ASX-listed securities structure
Feb 27, 2026

Tivan Limited has released its interim consolidated financial report for the period ended 31 December 2025, outlining its current corporate structure and key governance arrangements. The announcement reiterates its ASX listings for both ordinary shares and several series of listed options, signalling an active capital markets presence and providing investors with multiple avenues for exposure to the company’s securities.

The report confirms the company’s registered office, company secretary, share registry and auditor, underscoring the established governance and compliance framework that underpins its operations. While the document is largely administrative, the detailed listing of tradable options and their expiry dates may be relevant for existing and prospective investors managing positions in Tivan’s equity and derivative securities.

The most recent analyst rating on (AU:TVN) stock is a Hold with a A$0.42 price target. To see the full list of analyst forecasts on Tivan Limited stock, see the AU:TVN Stock Forecast page.

Tivan Launches Facility to Streamline Exercise of TVNO Options
Feb 25, 2026

Tivan Limited has set up a dedicated facility to streamline the exercise of its listed TVNO options, which are exercisable at $0.30 and expire on 30 June 2026. The company has appointed share registry Computershare to manage the process, including a BPAY payment option and an information line, and is sending updated personalised exercise forms to optionholders.

The TVNO options can be exercised in whole or in part until the June 2026 deadline, after which any unexercised options will lapse and all related rights will expire. Tivan also outlined the status of its other listed option classes, TVNOA and TVNOB, noting they are not covered by the new facility but that shareholders will receive updated instructions for exercising these options, underlining ongoing efforts to support investor participation in its capital instruments.

The most recent analyst rating on (AU:TVN) stock is a Hold with a A$0.44 price target. To see the full list of analyst forecasts on Tivan Limited stock, see the AU:TVN Stock Forecast page.

Tivan Seeks ASX Quotation for Additional Fully Paid Shares
Feb 24, 2026

Tivan Limited has applied for quotation on the ASX of 100,682 new fully paid ordinary shares under the ticker TVN. The shares were issued on 24 February 2026 following the exercise or conversion of existing options or other convertible securities, marginally increasing the company’s quoted capital base and potentially enhancing liquidity for shareholders.

The relatively small size of the issue indicates only a modest dilution for existing investors while still signalling ongoing utilisation of equity-based instruments in the company’s capital management. The additional quotation may support incremental trading volume and reflects routine capital markets activity rather than a major strategic shift for Tivan.

The most recent analyst rating on (AU:TVN) stock is a Hold with a A$0.44 price target. To see the full list of analyst forecasts on Tivan Limited stock, see the AU:TVN Stock Forecast page.

Tivan Lodges Draft Feasibility Study for Speewah Fluorite Project with JV Partners
Feb 22, 2026

Tivan Limited has submitted a confidential draft feasibility study for its Speewah Fluorite Project in Western Australia to joint venture partners Sumitomo Corporation and JOGMEC, as well as strategic partner ETFS Capital. The study outlines plans for a mining and processing operation producing acid-grade fluorspar for export, reinforcing the project’s potential role in international fluorspar supply.

The partners will now review and comment on the draft, under existing agreements that define timelines for adoption and associated funding commitments. Tivan expects the review process to conclude in March, clearing the way for finalisation and public release of the feasibility study, while all project workflows continue to advance on schedule supported by acceleration funding from ETFS Capital.

The most recent analyst rating on (AU:TVN) stock is a Hold with a A$0.44 price target. To see the full list of analyst forecasts on Tivan Limited stock, see the AU:TVN Stock Forecast page.

Tivan hits ultra high-grade fluorite in maiden Sandover drilling
Feb 10, 2026

Tivan Limited has reported ultra high-grade assay results from its maiden diamond drilling program at the Sandover Fluorite Project in Australia’s Northern Territory, with all seven holes intersecting high-grade fluorite mineralisation. The results confirm continuity of mineralisation beneath surface reefs and show veins that are wider at depth than previously interpreted.

Significant intersections included intervals grading up to 71.7% CaF2, with multiple long runs above 20% CaF2 and a consistent absence of deleterious elements, which is considered favourable for eventual production of high-purity fluorspar. The mineralisation remains open along strike and at depth, and Tivan is preparing a larger Stage Two reverse circulation drilling campaign scheduled to begin in April 2026 to expand the mineralised footprint and advance project definition alongside its nearby tungsten development efforts.

The most recent analyst rating on (AU:TVN) stock is a Hold with a A$0.40 price target. To see the full list of analyst forecasts on Tivan Limited stock, see the AU:TVN Stock Forecast page.

Tivan performance rights lapse trims potential equity dilution
Feb 10, 2026

Tivan Limited has notified the market of a change in its capital structure, confirming the lapse of 500,000 performance rights that were previously on issue. The rights ceased on 9 February 2026 after the conditions attached to them were not met or became incapable of being satisfied, resulting in a reduction of potential future equity dilution for existing shareholders.

The cessation of these performance rights reflects an adjustment to Tivan’s incentive or remuneration arrangements tied to those securities. While it does not affect currently issued shares, the move clarifies the company’s outstanding equity-based instruments and slightly streamlines its capital management profile for investors monitoring dilution and executive incentives.

The most recent analyst rating on (AU:TVN) stock is a Hold with a A$0.40 price target. To see the full list of analyst forecasts on Tivan Limited stock, see the AU:TVN Stock Forecast page.

Tivan seeks ASX quotation for 730,103 new ordinary shares
Feb 9, 2026

Tivan Limited has applied to the ASX for quotation of 730,103 new ordinary fully paid shares, to be issued and quoted on 9 February 2026. The move reflects a routine corporate action involving the creation and listing of additional equity securities, but the filing does not specify the underlying reason for the issuance or its expected impact on capital structure or existing shareholders.

Without further context from the company, it is unclear whether these shares stem from option exercises, convertible securities, or another capital management initiative, leaving the strategic implications and potential dilution effects for investors unspecified. The announcement is therefore primarily administrative, confirming the number, class, and listing date of the new TVN shares on the ASX.

The most recent analyst rating on (AU:TVN) stock is a Hold with a A$0.40 price target. To see the full list of analyst forecasts on Tivan Limited stock, see the AU:TVN Stock Forecast page.

Tivan Lifts Speewah Resource, Cementing Status as World-Class Fluorite Project
Feb 3, 2026

Tivan has reported an upgraded Mineral Resource Estimate for its Speewah Fluorite Project, confirming it as one of the largest high-grade fluorite resources globally and increasing confidence in the deposit through a substantial uplift in Indicated resources. The new estimate, prepared by SRK Consulting following about 23km of drilling in 2025, shows a 16% rise in resource tonnage and a 6% increase in contained CaF2, with a JORC-compliant resource now standing at 43.2 million tonnes at 8.3% CaF2 and a high-grade core of 9.6 million tonnes at 20.6% CaF2, while strong assay results and open mineralisation along strike and at depth underline significant potential for further resource growth. The upgraded resource underpins mine planning and production scheduling for the current Feasibility Study and subsequent Definitive Feasibility Study, with a second-stage drill program planned in 2026 to pursue both infill and exploration targets that could further enhance the project’s scale and Tivan’s position in the global fluorspar market.

The most recent analyst rating on (AU:TVN) stock is a Hold with a A$0.38 price target. To see the full list of analyst forecasts on Tivan Limited stock, see the AU:TVN Stock Forecast page.

Tivan Seeks ASX Quotation for Additional Ordinary Shares
Feb 2, 2026

Tivan Limited has applied to the ASX for quotation of an additional 53,798 fully paid ordinary shares, issued on 2 February 2026. The modest increase in quoted securities reflects routine capital management activity rather than a transformative transaction, and no further operational or strategic context was disclosed in the filing, leaving the implications for existing shareholders and the company’s broader positioning unclear.

The most recent analyst rating on (AU:TVN) stock is a Hold with a A$0.38 price target. To see the full list of analyst forecasts on Tivan Limited stock, see the AU:TVN Stock Forecast page.

Tivan Strengthens Turiscai Copper-Gold Potential with New High-Grade Assays
Jan 27, 2026

Tivan Limited has reported a second batch of encouraging assay results from its ongoing surface sampling program at the Turiscai copper-gold project in Timor-Leste, with 111 rock chip samples returning grades of up to 2.18% copper, 4.79g/t gold and anomalous zinc up to 1.30%, complementing previously reported higher peak grades from earlier sampling. The latest results reinforce the project’s prospectivity for porphyry-style copper-gold mineralisation across multiple locations, providing important geochemical vectors for more targeted future exploration and supporting Tivan’s decision to expand its local geology team as it advances Turiscai and prepares to commence work on the nearby Baucau and Ossu projects.

The most recent analyst rating on (AU:TVN) stock is a Hold with a A$0.33 price target. To see the full list of analyst forecasts on Tivan Limited stock, see the AU:TVN Stock Forecast page.

Tivan Secures Strategic Funding and Marks Key Milestones Across Critical Minerals Portfolio
Jan 20, 2026

Tivan Limited reported a quarter marked by substantial progress in de-risking and financing its flagship Speewah Fluorite Project in Western Australia, securing binding agreements with ETFS Capital for up to $51.3 million in project-level funding plus a $10 million equity overrun facility, alongside ongoing joint venture support from Sumitomo Corporation and JOGMEC. The company advanced the Speewah feasibility study with completion targeted for February 2026, completed the first phase of a major 213-hole drilling program, dispatched initial acid-grade fluorspar samples to potential Asian customers, and received an initial $11.3 million tranche from ETFS Capital after quarter-end to accelerate development, including human resources expansion and long-lead items; concurrently, Tivan completed the acquisition of the Molyhil Project, signed an MoU with Sumitomo on its potential development, reported ultra high-grade fluorite and other high-grade mineralisation discoveries at Molyhil, Sandover and the Turiscai Project in Timor-Leste, progressed work with EARTH AI and a new data partnership with Exante Data, and secured an R&D tax refund, collectively strengthening its project pipeline and positioning within the critical minerals sector.

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

Tivan Seeks ASX Quotation for Additional 19,225 Ordinary Shares
Jan 19, 2026

Tivan Limited has applied for quotation on the ASX of 19,225 new fully paid ordinary shares under its ticker code TVN. The modest share issuance, dated 19 January 2026, stems from the exercise or conversion of existing options or other convertible securities, marginally increasing the company’s quoted capital base and signaling limited but ongoing shareholder participation in equity instruments.

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

Investigator Silver Banks $750,000 as Molyhil Divestment to Tivan Completes
Jan 18, 2026

Investigator Silver Limited has completed the sale of its 25% interest in the Molyhil tungsten-molybdenum project in the Northern Territory to Tivan Limited, receiving a $750,000 completion payment and bringing total upfront cash proceeds to $875,000. The company retains rights to a further $1,312,500 in deferred consideration over three years, half of which Tivan may elect to pay in shares, and views the divestment as a key step in streamlining its portfolio, crystallising value from a non-core asset and strengthening its balance sheet to support the advancement of its flagship Paris Silver Project and broader precious metals strategy.

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

Thor Energy Banks A$2.25m from Molyhil Sale to Fund Hydrogen and Copper Growth
Jan 18, 2026

Thor Energy has received a A$2.25 million cash completion payment from Tivan Limited for the sale of its interest in the FRAM Joint Venture, which holds the Molyhil tungsten, molybdenum and copper project in Australia, following satisfaction of all conditions precedent. The deal will deliver a total of A$6.56 million to Thor, including three annual deferred payments of A$1.31 million each from September 2026 to September 2028, providing a significant non-dilutive boost to its balance sheet that management says will help accelerate work on its HY-Range natural hydrogen and helium project and advance its retained Alford East copper-gold assets, reinforcing the company’s strategic pivot toward energy-transition commodities.

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

Tivan Finalises Molyhil Acquisition and Accelerates Development of Critical Minerals Project
Jan 18, 2026

Tivan Limited has completed the acquisition of 100% of the Molyhil Tungsten-Molybdenum Project in the Northern Territory, consolidating ownership of the tenements and associated mineral rights for $8.75 million in a mix of upfront and deferred cash or share payments. The project, 220km north-east of Alice Springs and adjacent to Tivan’s Sandover Fluorite Project, hosts a JORC-compliant mineral resource of 4.647 million tonnes containing significant tungsten trioxide and molybdenum, and benefits from existing production water infrastructure.

Following the acquisition, Tivan is fast-tracking development with a drilling program scheduled for March 2026 aimed at resource expansion, the completion of a preliminary commercial assessment underpinning a Scoping Study targeted for April 2026, and preparation for a subsequent Pre-Feasibility Study. The company has also progressed metallurgical testwork planning, environmental approvals scoping, and community and cultural heritage engagement through the Central Land Council, while a Memorandum of Understanding with Sumitomo Corporation opens the door to potential collaboration on development, funding and operations, strengthening Tivan’s positioning in globally critical tungsten and molybdenum supply chains.

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

Tivan Releases Replay of Investor Briefing on Year-Ahead Outlook
Jan 15, 2026

Tivan Limited has announced that Executive Chairman Grant Wilson recently hosted an online investor briefing outlining the company’s outlook for the year ahead, with a replay of the session now available for stakeholders. The board-approved communication underscores the company’s intention to keep investors informed on its strategic direction and near-term priorities, offering shareholders and the market additional insight into management’s expectations for the coming year.

The most recent analyst rating on (AU:TVN) stock is a Hold with a A$0.35 price target. To see the full list of analyst forecasts on Tivan Limited stock, see the AU:TVN Stock Forecast page.

Tivan to Outline 2026 Outlook in Online Investor Briefing
Jan 15, 2026

Tivan Limited has announced that its Executive Chairman, Grant Wilson, will host an online investor briefing today to present the company’s outlook for the year ahead. The session, scheduled for 4:30pm AEDT on 15 January 2026 and accompanied by investor briefing materials, signals a proactive engagement with shareholders and the market as the company outlines its strategic direction and expectations for the coming year.

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

Tivan to Host Online Investor Briefing on 2026 Outlook
Jan 15, 2026

Tivan Limited (ASX: TVN) has announced that its Executive Chairman, Grant Wilson, will host an online investor briefing on 15 January 2026 to present the company’s outlook for the year ahead. The session, scheduled for 4:30pm AEDT and supported by released investor briefing materials, underlines the company’s effort to engage shareholders and the market with its strategic direction and expectations for the coming year, signalling a focus on transparency and proactive investor communication.

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

Tivan Secures $0.87m R&D Tax Rebate for Speewah Critical Minerals Work
Jan 14, 2026

Tivan Limited has received a $0.87 million cash refundable tax offset under the Australian Government’s Research and Development Tax Incentive program for eligible R&D activities undertaken in FY25. The rebate, calculated at 43.5 cents per eligible dollar spent, will support the company’s ongoing work on fluorite and vanadium processing technologies at its Speewah projects in Western Australia, reinforcing its investment in critical minerals innovation and contributing to the development of new mineral processing capabilities in Australia.

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

Tivan Seeks ASX Quotation for Over 7 Million New Shares
Jan 14, 2026

Tivan Limited has applied to the ASX for quotation of 7,022,372 new fully paid ordinary shares, to be traded under its existing ticker code TVN. The new securities, issued on 14 January 2026 following the exercise or conversion of existing options or convertible instruments, will increase the company’s quoted share capital and may affect ownership dispersion and liquidity for current and prospective investors.

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

Tivan Options Lapse, Trimming Potential Share Dilution
Jan 13, 2026

Tivan Limited has notified the ASX that a series of employee or performance-related options over its shares have lapsed, following the non-satisfaction of the conditions attached to those rights. The cessation covers three tranches of options, each for 208,333 securities with different exercise prices and expiry dates, all of which became incapable of being satisfied as of 1 January 2026, resulting in a reduction of potential future dilution for existing shareholders and a modest simplification of the company’s capital structure.

The most recent analyst rating on (AU:TVN) stock is a Hold with a A$0.26 price target. To see the full list of analyst forecasts on Tivan Limited stock, see the AU:TVN Stock Forecast page.

Tivan Seeks ASX Quotation for 6.1 Million New Options
Jan 13, 2026

Tivan Limited has lodged an application with the ASX for quotation of 6,124,998 options (ASX code TVNO) expiring on 30 June 2026, with the issue dated 13 January 2026. The new quotation follows shareholder approval at the company’s annual general meeting and is intended to align the terms of a specific class of options (TVNAG) with those of the existing TVNO options, refining Tivan’s capital structure and potentially broadening investor participation in its listed derivatives.

The most recent analyst rating on (AU:TVN) stock is a Hold with a A$0.26 price target. To see the full list of analyst forecasts on Tivan Limited stock, see the AU:TVN Stock Forecast page.

Tivan Secures ETFS Capital Tranche to Accelerate Speewah Fluorite Project
Jan 6, 2026

Tivan Limited has completed Tranche 1 funding for its Speewah Fluorite Project, with ETFS Capital providing $11.5 million for a 6.04% stake in project vehicle Fluorite Holding SPV Pty Ltd, as part of a broader commitment of up to $51.3 million for up to 17.5% equity plus a $10 million overrun facility. The fresh capital, alongside existing backing from Sumitomo Corporation and Japan Organization for Metals and Energy Security and additional expected contributions from a Japanese joint venture partner and an Australian critical minerals grant, is expected to fully fund work through to a Final Investment Decision, accelerating project development without requiring further funding from Tivan and strengthening the company’s strategic position in the emerging global fluorspar market.

The most recent analyst rating on (AU:TVN) stock is a Hold with a A$0.26 price target. To see the full list of analyst forecasts on Tivan Limited stock, see the AU:TVN Stock Forecast page.

Tivan Sets Mid-January Online Briefing to Outline 2026 Outlook
Jan 1, 2026

Tivan Limited has announced that Executive Chairman Grant Wilson will host an online investor briefing on 15 January at 4.30pm AEDT to present the company’s outlook for the year ahead. The event will be accompanied by investor materials, with a replay available afterwards, underscoring the company’s efforts to engage the market and provide greater transparency for shareholders and stakeholders at the start of the new year.

The most recent analyst rating on (AU:TVN) stock is a Hold with a A$0.26 price target. To see the full list of analyst forecasts on Tivan Limited stock, see the AU:TVN Stock Forecast page.

Tivan Marks 2025 as Strategic Turning Point in Critical Minerals Push
Dec 23, 2025

Tivan Limited’s chairman has marked 2025 as an inflection point for both the company and the broader critical minerals sector, highlighting the firm’s successful turnaround from its legacy TNG association and its transformation into a diversified critical minerals player. Over the past year, Tivan executed a series of low-cost project acquisitions that expand its presence in fluorite, tungsten and molybdenum, positioning it to benefit from intensifying global focus on mineral security and supply chain resilience, particularly in Asia and the United States. The company credits its rapid progress to a highly productive team, disciplined capital management aimed at limiting shareholder dilution, and strong relationships with governments, communities and international partners, as it prepares to shift from exploration and development into project execution and future operations, with 2026 flagged as a year of accelerated activity and broader global investor engagement.

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: Mar 10, 2026