Mount Burgess Mining N.L. (AU:TXR)
ASX:TXR
Top Page
Mount Burgess Mining N.L.
(Sydney:TXR)
Select Model
Select Model
Rating:40Underperform
Price Target:
AU$0.01
▲(0.00% Upside)
Action:DowngradedDate:03/04/26
The score is driven down primarily by weak financial performance (declining revenue, large losses, and negative equity). Technical indicators also remain bearish despite oversold readings, while valuation metrics provide limited support due to the negative P/E and lack of dividend yield.
Positive Factors
Exploration-focused business model
A pure exploration/advancement model keeps operational complexity and fixed costs low versus producers, preserving optionality to farm-out or JV projects. That capital-light profile supports flexibility in capital deployment and strategic project prioritisation over months.
Negative Factors
Negative equity / weak balance sheet
Negative shareholder equity and liabilities exceeding assets represent a durable solvency concern. This structural weakness impairs access to debt and equity financing, increases refinancing and covenant risk, and limits the company's ability to fund exploration without dilution or external support.
Read all positive and negative factors
Positive Factors
Negative Factors
Exploration-focused business model
A pure exploration/advancement model keeps operational complexity and fixed costs low versus producers, preserving optionality to farm-out or JV projects. That capital-light profile supports flexibility in capital deployment and strategic project prioritisation over months.
Read all positive factors
Mount Burgess Mining N.L. (TXR) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$9.32M
Dividend YieldN/A
Average Volume (3M)1.27M
Price to Earnings (P/E)―
Beta (1Y)1.65
Revenue GrowthN/A
EPS Growth5.56%
CountryAU
Employees31
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)<0.01
Shares Outstanding931,996,900
10 Day Avg. Volume1,328,205
30 Day Avg. Volume1,271,982
Financial Highlights & Ratios
PEG Ratio-0.14
Price to Book (P/B)-2.49
Price to Sales (P/S)4812.86
P/FCF Ratio-9.49
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
Mount Burgess Mining N.L. Business Overview & Revenue Model
Company Description
TalonX Resources Limited engages in the exploration and development of mineral resource properties. The company explores for zinc, lead, copper, silver, gallium, germanium, vanadium, and vanadium pentoxide. It holds 100% interest in the Kihabe N...
How the Company Makes Money
null...
Mount Burgess Mining N.L. Financial Statement Overview
Summary
Income Statement
15
Very Negative
Balance Sheet
20
Very Negative
Cash Flow
25
Negative
| Breakdown | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 725.00 | 381.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 725.00 | 381.00 | -2.84K | -2.83K | -1.01K |
| EBITDA | -561.34K | -395.00K | -477.00K | -249.01K | -439.48K |
| Net Income | -627.21K | -465.00K | -536.00K | -281.31K | -470.54K |
Balance Sheet | |||||
| Total Assets | 3.77M | 3.64M | 2.95M | 3.05M | 2.64M |
| Cash, Cash Equivalents and Short-Term Investments | 240.96K | 367.26K | 44.05K | 453.48K | 604.28K |
| Total Debt | 1.71M | 1.62M | 1.10M | 1.13M | 1.22M |
| Total Liabilities | 5.17M | 4.75M | 4.55M | 4.21M | 4.00M |
| Stockholders Equity | -1.40M | -1.11M | -1.60M | -1.16M | -1.36M |
Cash Flow | |||||
| Free Cash Flow | -367.61K | -472.94K | -376.47K | -574.71K | -439.95K |
| Operating Cash Flow | -275.50K | -284.25K | -263.13K | -257.50K | -344.29K |
| Investing Cash Flow | -56.41K | -152.77K | -72.39K | -308.28K | -93.92K |
| Financing Cash Flow | 205.43K | 760.29K | -73.59K | 415.23K | 1.02M |
Mount Burgess Mining N.L. 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% | |
43 Neutral | AU$3.22M | -0.22 | -164.84% | ― | ― | 76.76% | |
42 Neutral | AU$43.82M | -7.10 | -99.27% | ― | ― | -36.36% | |
42 Neutral | AU$6.21M | -5.50 | -166.86% | ― | ― | 47.88% | |
41 Neutral | AU$5.85M | -0.93 | -120.84% | ― | ― | -349.06% | |
41 Neutral | AU$21.94M | -5.88 | -23.31% | ― | ― | 36.36% | |
40 Underperform | AU$9.32M | -5.56 | 44.67% | ― | ― | 5.56% |
* Basic Materials Sector Average
AU:TXR
Mount Burgess Mining N.L.
0.01
>-0.01
-8.33%
AU:MRD
Mount Ridley Mines Limited
0.03
0.02
166.67%
AU:WSR
Westar Resources Ltd.
0.01
0.00
0.00%
AU:RIE
Riedel Resources Limited
0.03
0.00
0.00%
AU:SLZ
Sultan Resources Ltd.
0.01
<0.01
20.00%
AU:CR9
Corella Resources Ltd
0.01
<0.01
27.27%
Mount Burgess Mining N.L. Corporate Events
Talonx Starts Blair North RC Drilling, Sets Up Viking Campaign
Apr 7, 2026
Talonx Resources has commenced a 1,800m reverse circulation drilling program at its Blair North Gold Project, 25 kilometres east of Kalgoorlie, following a recent capital raising that has left the company well funded. The campaign will focus on hi...
Talonx Resources Raises Capital via Share Placement to Fund Gold Project Drilling
Mar 31, 2026
Talonx Resources Limited has completed a share placement, issuing 68,500,000 fully paid ordinary shares at $0.010 each to sophisticated investors to fund drilling activities at its Blair North and Viking Gold Project in Western Australia. The capi...
Talonx Resources Seeks ASX Quotation for 68.5 Million New Shares
Mar 31, 2026
Talonx Resources Limited has applied for quotation on the ASX of 68,500,000 new ordinary fully paid shares, to be issued on 31 March 2026. The shares arise from transactions previously outlined in an Appendix 3B, and their quotation will expand th...
Talonx Resources Plans Major Share Placement to Raise Capital
Mar 26, 2026
Talonx Resources Limited has announced a proposed issue of up to 75,000,000 ordinary fully paid shares on the ASX under a placement or similar capital-raising structure. The new securities are expected to be issued on 31 March 2026, indicating a s...
Talonx Resources Halts Trading Ahead of Capital Raising Announcement
Mar 24, 2026
Talonx Resources Limited has requested and been granted a trading halt on its ASX-listed securities, as the company prepares an announcement on the outcome of a proposed capital raising. The halt will remain in place until either the start of norm...
Talonx Resources Issues Interim Half-Year Financial Report
Mar 3, 2026
Talonx Resources Limited has released its half-year financial report for the period ended 31 December 2025, presented as an interim set of condensed consolidated financial statements. The report includes profit and loss, financial position, cash f...
Talonx Confirms High-Grade Primary Gold at Viking’s Beaker 2 Prospect
Feb 26, 2026
Talonx Resources has reported new one-metre resample assays from its recent 10-hole reverse circulation drilling campaign at the Beaker 2 prospect within the Viking Gold Project in Western Australia. The results confirm significant high-grade prim...
Talonx Resources Discloses Final Interests as Director Harry Warries Departs Board
Feb 25, 2026
Talonx Resources Limited has announced that director Harry Warries has ceased to be a director of the company as of 25 February 2026. The final director’s interest notice discloses that Warries and his spouse collectively hold just over 10 m...
Talonx Resources Appoints New Director With Significant Equity Stake
Feb 25, 2026
Talonx Resources Limited has appointed Scott Glasson as a director effective 24 February 2026, and lodged an initial director’s interest notice with the ASX. Glasson, via California Investments Pty Ltd , holds 3,476,190 fully paid ordinary s...
Talonx Reshapes Board to Support Restructure and Project Development
Feb 24, 2026
Talonx Resources Limited has reshaped its board, appointing chartered accountant and Metal Hawk founder Scott Glasson as a director while long‑serving board member Harry Warries steps down. The company says Glasson, who helped steer its rece...
Talonx Drilling Confirms Shallow High-Grade Gold at Viking’s Beaker 2 Prospect
Feb 1, 2026
Talonx Resources has reported results from a 10-hole reverse circulation drilling program at the Beaker 2 prospect within its Viking Gold Project in Western Australia, confirming the continuity of shallow, high-grade oxide gold mineralisation. The...
Talonx Resources Restructures, Wipes Legacy Debt and Advances Viking Gold Drilling
Jan 15, 2026
Talonx Resources Limited has completed a major corporate transition in the December 2025 quarter, securing shareholder approval to acquire two high-grade gold projects, extinguish $4.7 million in legacy debt, convert from a no-liability company to...
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.