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Astral Resources NL (AU:AAR)
ASX:AAR
Australian Market

Astral Resources NL (AAR) AI Stock Analysis

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AU

Astral Resources NL

(Sydney:AAR)

Rating:35Underperform
Price Target:―
The most significant factor impacting Astral Resources NL's score is the lack of revenue and ongoing operational losses, which threaten long-term sustainability despite a strong equity position. Technical analysis suggests mixed trends, with the stock trading below key moving averages. The valuation is unattractive due to a negative P/E ratio and no dividend yield.

Astral Resources NL (AAR) vs. iShares MSCI Australia ETF (EWA)

Astral Resources NL Business Overview & Revenue Model

Company DescriptionAstral Resources NL engages in the exploration of gold and base metal projects in Western Australia. The company's principal property is the 100% owned Mandilla gold project located in the northern Widgiemooltha greenstone belt in the western part of the Kalgoorlie geological domain. It also holds 100% interest in Feysville gold project located in the Archean Kambalda Domain; Carnilya Hill gold project located approximately 40 kilometers south-east of Kalgoorlie; Koongie Park gold and base metals projects, which is located to the north-eastern Western Australia; and Leonora base metal project located in the Western Australia. The company also explores for copper, zinc, and silver deposits. The company was formerly known as Anglo Australian Resources NL and changed its name to Astral Resources NL in April 2022. The company was incorporated in 1985 and is based in South Perth, Australia.
How the Company Makes MoneyAstral Resources NL makes money primarily through the exploration and potential future production of mineral resources, particularly gold and base metals. The company's revenue model involves the discovery and development of mineral deposits, which can be monetized through several avenues. These include selling or leasing exploration rights, entering joint ventures with larger mining companies, or progressing projects to the production phase to directly extract and sell minerals. Additionally, Astral Resources may generate income from government grants or incentives designed to support mining exploration and development, as well as through strategic partnerships with other companies in the mining sector.

Astral Resources NL Financial Statement Overview

Summary
Astral Resources NL faces significant challenges with no revenue generation and persistent losses, impacting profitability and cash flows. Despite a solid equity base, the lack of operational income raises concerns about long-term sustainability.
Income Statement
10
Very Negative
The company has consistently reported zero revenue, leading to negative gross and net profit margins over the years. There is no indication of revenue growth, and the EBIT and EBITDA margins are negative, reflecting ongoing operational losses.
Balance Sheet
50
Neutral
Astral Resources NL maintains a relatively strong equity position with a low debt-to-equity ratio, indicating limited leverage. However, the company has been unable to generate revenue, which poses a risk to its financial stability in the long term.
Cash Flow
30
Negative
The company has experienced negative operating and free cash flows, indicating an inability to generate cash from its core activities. Although it has managed to secure financing, the lack of revenue and cash flow generation is concerning for future operations.
Breakdown
TTMJun 2024Jun 2023Jun 2022Jun 2021Jun 2020
Income StatementTotal Revenue
0.000.000.000.000.000.00
Gross Profit
-54.20K-102.34K-101.82K-90.41K-77.58K-72.95K
EBIT
―-1.95M-2.97M-2.35M-3.24M-2.14M
EBITDA
-947.90K-1.95M-3.61M-2.26M-3.59M-2.63M
Net Income Common Stockholders
―-2.58M-3.71M-2.35M-3.67M-2.71M
Balance SheetCash, Cash Equivalents and Short-Term Investments
253.24K5.77M1.32M3.18M9.81M3.40M
Total Assets
7.50M35.54M27.01M22.82M23.25M12.15M
Total Debt
0.00119.81K50.52K117.07K63.96K104.07K
Net Debt
-210.24K-5.65M-1.27M-3.06M-9.74M-3.30M
Total Liabilities
983.38K1.03M1.50M2.00M693.86K663.66K
Stockholders Equity
6.51M34.51M25.50M20.82M22.56M11.49M
Cash FlowFree Cash Flow
-760.06K-6.59M-9.11M-6.57M-6.80M-4.25M
Operating Cash Flow
-757.67K-1.53M-1.86M-919.32K-1.23M-1.27M
Investing Cash Flow
-1.91M-5.04M-7.18M-5.63M-5.21M-2.98M
Financing Cash Flow
6.70M11.02M7.18M-85.61K12.84M7.20M

Astral Resources NL Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.18
Price Trends
50DMA
0.17
Positive
100DMA
0.16
Positive
200DMA
0.14
Positive
Market Momentum
MACD
<0.01
Positive
RSI
54.74
Neutral
STOCH
50.00
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:AAR, the sentiment is Positive. The current price of 0.18 is above the 20-day moving average (MA) of 0.18, above the 50-day MA of 0.17, and above the 200-day MA of 0.14, indicating a bullish trend. The MACD of <0.01 indicates Positive momentum. The RSI at 54.74 is Neutral, neither overbought nor oversold. The STOCH value of 50.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:AAR.

Astral Resources NL Peers Comparison

Overall Rating
UnderperformOutperform
Sector (51)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
51
Neutral
$2.04B-1.26-21.09%3.98%2.91%-30.49%
AUAAR
35
Underperform
AU$262.33M―-5.17%――43.18%
$19.26B26.8411.01%2.07%――
$10.98B24.2916.97%1.43%――
$3.83B―-0.68%―――
$2.20B9.1226.42%1.04%――
AUGMD
76
Outperform
AU$5.40B42.0813.01%―125.45%―
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:AAR
Astral Resources NL
0.18
0.10
125.00%
NESRF
Northern Star Resources Ltd
14.62
6.04
70.40%
CAHPF
Evolution Mining
5.57
3.25
140.09%
DGMLF
De Grey Mining Ltd
1.60
0.93
138.81%
RMLRF
Ramelius Resources Limited
1.91
0.73
61.86%
AU:GMD
Genesis Minerals Limited
4.78
3.02
171.59%

Astral Resources NL Corporate Events

Astral Resources NL Announces Quotation of New Securities
May 2, 2025

Astral Resources NL has announced the quotation of 19,008,396 fully paid ordinary securities on the Australian Securities Exchange, effective May 2, 2025. This move is part of previously announced transactions, potentially enhancing the company’s capital structure and market presence, which could have implications for its operational capabilities and investor relations.

Astral Resources Expands Gold Reserves and Completes Maximus Acquisition
Apr 30, 2025

Astral Resources NL has reported an updated Mineral Resource Estimate for its Mandilla Gold Project, now containing 1.43 million ounces of gold. The company has also completed extensive drilling programs at both the Mandilla and Feysville Gold Projects, with promising assay results. Additionally, Astral has moved forward with the acquisition of Maximus Resources Limited, having acquired over 90% of its shares and proceeding with compulsory acquisition, which is expected to conclude in early May. This strategic acquisition is poised to enhance Astral’s market position and expand its resource base.

Astral Resources Completes Acquisition of Maximus Resources
Apr 15, 2025

Astral Resources NL has completed its off-market takeover bid to acquire all ordinary shares of Maximus Resources Limited, offering one Astral share for every two Maximus shares. This strategic acquisition is expected to enhance Astral’s resource portfolio and strengthen its market position, potentially benefiting shareholders by increasing the company’s asset base and operational capabilities.

Astral Resources NL Announces Quotation of New Securities
Apr 11, 2025

Astral Resources NL has announced the application for the quotation of 1,529,430 ordinary fully paid securities on the Australian Securities Exchange (ASX), with the issue date set for April 11, 2025. This move is part of a previously announced transaction, indicating the company’s ongoing efforts to enhance its financial operations and market presence, potentially impacting its stakeholders by increasing liquidity and market capitalization.

Astral Resources to Present at Resources Rising Stars Conference
Apr 10, 2025

Astral Resources NL announced that its Managing Director, Marc Ducler, will present at the Resources Rising Stars Gather Round Investor Conference in Adelaide. This event provides an opportunity for shareholders, investors, brokers, and fund managers to engage with the company’s strategic direction and developments, potentially impacting its market positioning and stakeholder relations.

Astral Resources NL Applies for Quotation of New Securities
Apr 3, 2025

Astral Resources NL announced the application for the quotation of 3,064,874 ordinary fully paid securities on the Australian Securities Exchange (ASX) as part of previously announced transactions. This move is likely to enhance the company’s liquidity and market presence, potentially impacting its operational capabilities and offering new opportunities for stakeholders.

Astral Resources Boosts Gold Reserves at Mandilla Project
Apr 2, 2025

Astral Resources has announced a significant increase in its mineral resources at the Mandilla Gold Project, with a 49% rise in Indicated Resources to over one million ounces of gold. This growth supports the upcoming Pre-Feasibility Study, expected to be completed by June 2025, and marks a major milestone in the company’s strategic efforts to de-risk its operations. The increase in resources, particularly at the Theia deposit, positions Astral as a key player in the Eastern Goldfields district, with further exploration and development activities underway to capitalize on the rising gold prices.

Astral Resources NL Announces Quotation of New Securities on ASX
Mar 27, 2025

Astral Resources NL has announced the quotation of 16,189,518 new ordinary fully paid securities on the Australian Securities Exchange (ASX) under the code AAR, effective March 28, 2025. This move is part of a previously announced transaction, indicating a strategic effort to enhance its market presence and potentially increase liquidity for stakeholders.

Astral Resources Reports High-Grade Gold Intercepts at Kamperman
Mar 24, 2025

Astral Resources NL announced significant assay results from a three-hole diamond drill program at the Kamperman Deposit, part of its Feysville Gold Project. The results revealed high-grade gold mineralization, with some intersections showing unexpected high-grade zones, indicating potential upside for further exploration. These findings are expected to strengthen the company’s position in the gold mining sector and contribute positively to the economics of the Mandilla Gold Project. Additionally, ongoing drilling programs at Feysville aim to further delineate and expand the resource base.

Astral Resources Increases Stake in Maximus Resources
Mar 19, 2025

Astral Resources NL has increased its voting power in Maximus Resources Limited from 84.81% to 88.16% through a successful off-market takeover bid. This acquisition enhances Astral’s control over Maximus, potentially strengthening its position in the resources sector and providing strategic advantages in its operations.

Astral Resources Expands Stake in Maximus Resources
Mar 18, 2025

Astral Resources NL has increased its stake in Maximus Resources Limited through an off-market takeover bid, raising its voting power from 81.52% to 84.81%. This strategic move is part of Astral’s efforts to consolidate its holdings and strengthen its influence in the mining sector, potentially impacting stakeholders by enhancing its operational control and market positioning.

Astral Resources NL Announces Quotation of New Securities
Mar 14, 2025

Astral Resources NL has announced the quotation of 16,227,539 fully paid ordinary securities on the Australian Securities Exchange (ASX) as of March 14, 2025. This move is part of a previously announced transaction, potentially impacting the company’s market positioning by increasing its capital base and providing additional liquidity for stakeholders.

Astral Resources Increases Stake in Maximus Resources
Mar 13, 2025

Astral Resources NL has increased its voting power in Maximus Resources Limited from 78.50% to 81.52% through an off-market takeover bid. This acquisition strengthens Astral’s position in Maximus Resources, potentially impacting the company’s strategic direction and influence within the resource industry.

Astral Resources NL Releases Interim Financial Report for 2024
Mar 6, 2025

Astral Resources NL has released its interim financial report for the half-year ending December 31, 2024. The report provides a comprehensive overview of the company’s financial performance, including profit or loss, financial position, and cash flows. This release is significant for stakeholders as it offers insights into the company’s operational efficiency and financial health, which could impact its industry positioning and future strategic decisions.

Astral Resources Expands Stake in Maximus Resources
Mar 5, 2025

Astral Resources NL has increased its voting power in Maximus Resources Limited from 72.20% to 74.16% following the acceptance of its off-market takeover bid. This acquisition, which involved exchanging one fully paid ordinary share in Astral for every two shares in Maximus, strengthens Astral’s position in the market and enhances its control over Maximus Resources, potentially impacting stakeholders by consolidating its influence in the industry.

Astral Resources Reports Exceptional Gold Recoveries at Mandilla Project
Mar 4, 2025

Astral Resources NL has reported exceptional metallurgical test results from its Theia deposit at the Mandilla Gold Project, with gold recoveries averaging 98.2% and gravity recovery at 87.6%. These results, achieved with low reagent consumption and coarse grind size, are expected to support low processing costs in the upcoming Pre-Feasibility Study (PFS) due in June. The company is also progressing with an updated Mineral Resource Estimate for Mandilla and is advancing its exploration efforts at the Feysville Project. Additionally, Astral is moving forward with the takeover of Maximus Resources, holding a 72.20% interest.

Astral Resources Increases Stake in Maximus Resources
Mar 4, 2025

Astral Resources NL has increased its voting power in Maximus Resources Limited from 71.18% to 72.20% following the acceptance of its off-market takeover bid. This acquisition reflects Astral’s strategic move to consolidate its position in the market, potentially leading to greater control over Maximus Resources and influencing its future operations.

Astral Resources Boosts Stake in Maximus Resources
Mar 3, 2025

Astral Resources NL has increased its voting power in Maximus Resources Limited from 70.08% to 71.18% following its off-market takeover bid. This acquisition, involving the exchange of Astral shares for Maximus shares, enhances Astral’s control and influence over Maximus, potentially impacting stakeholders and the market dynamics within the resources sector.

Astral Resources’ Takeover Bid for Maximus Now Unconditional
Feb 27, 2025

Astral Resources NL has announced that its off-market takeover bid for all shares of Maximus Resources Limited is now unconditional, following the removal of all defeating conditions. With Astral’s voting power in Maximus reaching 68.09%, this strategic move is expected to strengthen Astral’s position in the mining sector and potentially enhance value for its stakeholders.

Beacon Minerals Sells Maximus Shares to Astral Resources
Feb 27, 2025

Beacon Minerals Limited, a company focused on gold mining operations, has sold its shares in Maximus Resources Limited to Astral Resources NL. This strategic move aligns with Beacon’s focus on developing a long-life gold operation at the Jaurdi Gold Project, following the acquisition of the Lady Ida Project, which has significantly increased resources near Jaurdi.

Astral Resources Unconditional Takeover of Maximus Resources
Feb 24, 2025

Astral Resources NL announced that its takeover bid for Maximus Resources Limited has become unconditional, with Astral acquiring a 50.1% interest in Maximus. This development marks a significant step for Astral in expanding its resource portfolio, offering accelerated payment terms to Maximus shareholders who accept the offer, thereby potentially strengthening Astral’s market position and enhancing investment appeal.

Astral Resources Increases Stake in Maximus Through Takeover Bid
Feb 23, 2025

Astral Resources NL has increased its stake in Maximus Resources Limited from 48.51% to 58.06% through an off-market takeover bid. This acquisition strategy could strengthen Astral’s position in the resource industry by enhancing its control over Maximus, potentially leading to increased resource development and operational synergies.

Astral Resources Advances Takeover Bid for Maximus Resources
Feb 20, 2025

Astral Resources NL has completed the dispatch of Maximus Resources Limited’s target statement, marking a significant step in its off-market takeover bid for all remaining ordinary shares in Maximus that it does not already own. This strategic move aims to consolidate Astral’s position in the resource industry by acquiring Maximus, potentially enhancing its operational capabilities and offering new opportunities for its stakeholders.

Astral Resources Set to Present at RIU Explorers Conference
Feb 18, 2025

Astral Resources announced that its Managing Director, Marc Ducler, will present at the RIU Explorers Conference in Perth. This presentation is part of the company’s efforts to engage with shareholders, investors, brokers, and fund managers, highlighting its strategic initiatives and market positioning in the gold mining sector.

Astral Resources Increases Stake in Maximus Resources
Feb 17, 2025

Astral Resources NL has increased its stake in Maximus Resources Limited from 42.13% to 46.36% through an off-market takeover bid. This move enhances Astral’s control over Maximus Resources, potentially impacting its strategic direction and market position, and reflects Astral’s continued expansion efforts within the mining sector.

Astral Resources Proposes Takeover of Maximus Resources
Feb 17, 2025

Astral Resources NL has made an off-market takeover bid to acquire the remaining shares of Maximus Resources Limited that it does not already own. The Maximus Board has unanimously recommended shareholders accept the offer in the absence of a superior proposal, with the offer set to close on March 7, 2025.

Astral Resources Increases Stake in Maximus Resources
Feb 13, 2025

Astral Resources NL, a prominent player in the resources sector, has increased its voting power in Maximus Resources Limited from 39.88% to 42.13% through an off-market takeover bid. This acquisition underlines Astral’s strategic intent to consolidate its position and influence within the company, potentially impacting its operational dynamics and relationships with stakeholders.

Astral Resources NL Retracts Financial Forecast for Mandilla Project
Feb 13, 2025

Astral Resources NL has retracted forward-looking financial statements related to its Mandilla Scoping Study, which were based on a gold price assumption of A$4,500. The company advises investors not to rely on these statements, reflecting a cautious approach in its financial forecasting and transparency in investor communications.

Astral Resources to Present at Investor Conference
Feb 12, 2025

Astral Resources NL announced that its Managing Director, Marc Ducler, will present at the Resources Rising Stars Summer Series Conference in Brisbane. This presentation is an opportunity for Astral to engage with shareholders, investors, and industry stakeholders, potentially enhancing its market positioning and providing insights into its strategic direction.

Astral Resources Boosts Stake in Maximus Resources
Feb 10, 2025

Astral Resources NL has increased its voting power in Maximus Resources Limited from 26.94% to 28.91% following its off-market takeover bid. This acquisition reflects Astral’s strategic move to consolidate its position in Maximus Resources, potentially impacting the market dynamics and shareholder interests.

Astral Resources Expands Stake in Maximus Resources
Feb 9, 2025

Astral Resources NL has increased its voting power in Maximus Resources Limited from 21.83% to 26.94% through an off-market takeover bid, acquiring additional shares. This move signifies Astral’s strategic initiative to consolidate its holdings and influence within Maximus, potentially impacting the company’s market position and stakeholder interests.

Astral Resources Boosts Influence in Maximus with Increased Stake
Feb 6, 2025

Astral Resources NL has increased its voting power in Maximus Resources Limited from 19.95% to 21.83% through an off-market takeover bid. This move signifies Astral’s strategic effort to consolidate its position within Maximus, potentially impacting its operational dynamics and stakeholder interests by securing a more substantial influence in company decisions.

Astral Resources Pursues Full Acquisition of Maximus Resources
Feb 5, 2025

Astral Resources NL has completed the dispatch of its bidder’s statement regarding an off-market takeover bid to acquire all shares of Maximus Resources Limited. This move signifies Astral’s strategic expansion efforts and could have significant implications for stakeholders, potentially altering the market dynamics within the mining sector.

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.