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ABx Group Limited (ABX) AI Stock Analysis

AU:ABX

ABx Group Limited

(ASX:ABX)

Select Model
Rating:37Underperform
Price Target:AUD 0.02â–¼(-5.88% Downside)
Action:reiterated
Date:11/03/26

The overall score is at the minimum of 37, reflecting a high-risk profile. The company is fundamentally challenged by persistent net losses and cash burn, which is the most significant factor. This is compounded by a deeply bearish technical trend with the stock price in a severe downtrend across all timeframes. The negative P/E ratio further confirms the lack of earnings power. The stable balance sheet is the only minor mitigating factor but is insufficient to offset the overwhelming negative performance and momentum.

Positive Factors
Low LeverageThe low debt-to-equity ratio provides ABx with a comparatively conservative capital structure and some financial flexibility. Sizable equity relative to assets may help the company fund exploration and development while reducing immediate balance-sheet pressure from interest-bearing obligations.
Negative Factors
Small, Volatile Revenue BaseA small and highly volatile revenue base makes ABx’s financial performance difficult to sustain and limits its ability to absorb project or operating setbacks. The uneven pattern also reduces visibility on recurring commercial scale, making future funding and development progress more dependent on successful revenue growth.

ABx Group Limited (ABX) vs. iShares MSCI Australia ETF (EWA)

-80%-60%-40%-20%0%20%40%AU:ABX-78.95%EWA+15.36%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
AUD 8.80M
Dividend Yield
―
Average Volume (3M)
873.15K
Price to Earnings (P/E)
-0.8
Beta (1Y)
0.56
Revenue Growth
―
EPS Growth
-108.62%
Country
Australia
Employees
2
Sector
Basic Materials
Sector Strength
61
Industry
Aluminum

ABx Group Limited Business Overview & Revenue Model

Company Description

ABx Group Limited focuses on the exploration, development, and extraction of bauxite resources throughout Australia. The company is also advancing a Rare Earth Element initiative linked to a bauxite deposit located in Queensland, alongside its work o...

ABx Group Limited Financial Statement Overview

Summary

Financial performance is critically weak. The Income Statement (Score 12) shows persistent and widening net losses with negligible revenue. The Cash Flow Statement (Score 28) indicates ongoing cash burn. While the Balance Sheet (Score 52) is stable with low debt, the overall financial health is poor due to a lack of profitability and negative cash generation.

Income Statement

12Very Negative

Balance Sheet

52Neutral

Cash Flow

28Negative
Financial statement breakdown
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue115.00K115.00K58.00K222.00K56.00K41.00K
Gross Profit91.00K72.00K-25.00K-1.39M-4.02M-5.13M
EBITDA-4.17M-2.94M-4.53M-3.15M-4.77M-6.11M
Net Income-7.25M-6.47M-2.00M-1.64M-3.48M-5.62M
Balance Sheet
Total Assets17.27M20.66M19.54M21.64M16.21M19.83M
Cash, Cash Equivalents and Short-Term Investments600.00K6.56M724.00K336.00K2.06M6.09M
Total Debt1.98M1.83M363.00K000
Total Liabilities5.07M7.93M8.31M8.91M3.11M3.08M
Stockholders Equity12.18M12.80M11.30M12.78M12.98M16.64M
Cash Flow
Free Cash Flow-3.86M-3.91M-2.61M2.54M-4.99M-2.91M
Operating Cash Flow-792.00K-2.12M-668.00K5.04M-4.88M-2.82M
Investing Cash Flow-7.54M-3.87M1,000-8.08M844.00K415.00K
Financing Cash Flow8.68M9.33M892.00K1.31M07.59M

ABx Group Limited Technical Analysis

Technical Analysis SentimentNegative
Last Price0.02

Price Trends

50DMA0.03Negative
100DMA0.04Negative
200DMA0.05Negative

Market Momentum

MACD-0.00Negative
RSI1.50Positive
STOCH-12.70Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:ABX, the sentiment is Negative. The current price of 0.02 is below the 20-day moving average (MA) of 0.02, below the 50-day MA of 0.03, and below the 200-day MA of 0.05, indicating a bearish trend. The MACD of -0.00 indicates Negative momentum. The RSI at 1.50 is Positive, neither overbought nor oversold. The STOCH value of -12.70 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:ABX.

ABx Group Limited Peers Comparison

Overall Rating

UnderperformOutperform
Sector (61)

Financial Indicators

AU:ABX against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
Sector *61Neutral$10.43B7.12-0.05%2.87%2.86%-36.73%
AU:SGAAU:SGA42NeutralAUD 19.10M-5.25-10.76%――49.10%
AU:INDAU:IND41NeutralAUD 15.94M-11.95-20.00%――72.94%
AU:IG6AU:IG639UnderperformAUD 11.67M-2.50-23.31%―-100.00%-18.40%
AU:ABXAU:ABX37UnderperformAUD 10.77M-0.83-58.07%――-108.62%

* Basic Materials Sector Average

Performance Comparison

-75%-50%-25%0%AU:ABXAU:INDAU:CCMAU:IG6AU:SGADec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
AU:ABX and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
AU:ABXABx Group Limited0.02-0.07-78.95%
AU:INDIndustrial Minerals Limited0.10-0.05-34.67%
AU:CCMFYI Resources Limited0.02-0.04-62.07%
AU:IG6International Graphite Limited0.04-0.04-51.95%
AU:SGASarytogan Graphite Limited0.07-0.05-42.40%

ABx Group Limited Corporate Events

ABx Group Issues Director Shares and Lodges Section 708A Cleansing Notice

Oct 30, 2026

ABx Group Limited has issued 3,225,806 fully paid ordinary shares to a company director, following shareholder approval related to its September 2026 placement. The shares were issued without a prospectus under the Corporations Act, and the board has...

ABx Group Issues 13.5 Million Unquoted Options Expiring in 2029

Oct 30, 2026

ABx Group Limited has notified the market of the issue of new unquoted equity securities, specifically options that will expire on October 30, 2029, with an exercise price of $0.046. The company is issuing a total of 13,548,387 of these options, whic...

ABx Group Seeks ASX Quotation for 190 Million New Options

Oct 30, 2026

ABx Group Limited has lodged an application with the ASX for the quotation of a large batch of new options. The options, carrying the code ABXO and expiring on November 17, 2027, total 190,476,094 securities and were issued on October 30, 2026.The mo...

ABx Group Seeks ASX Quotation for 98.5 Million New Shares

Oct 30, 2026

ABx Group Limited has applied for the quotation of 98,463,853 ordinary fully paid shares on the Australian Securities Exchange, with an issue date of October 30, 2026. The securities are to be quoted under the existing ABX ticker, expanding the volum...

ABx Group Bolsters Capital Base with Completion of Underwritten Share Purchase Plan

Oct 30, 2026

ABx Group Limited has completed its Share Purchase Plan (SPP), part of a broader capital raising of up to $4.1 million via a placement and SPP, following shareholder approvals obtained in late October 2026. The SPP offered eligible shareholders disco...

ABx Group shareholders back all EGM resolutions on capital raising

Oct 29, 2026

ABx Group shareholders have approved all six resolutions put to an extraordinary general meeting held on 29 October 2026, endorsing prior share issues under a September 2026 placement and authorising the issue of free attaching options linked to that...

ABx Group Nears Key Construction and Approval Milestones for Hydrogen Fluoride Pilot Plant

Oct 21, 2026

ABx Group, through its majority-owned subsidiary ALCORE, is progressing construction of a continuous pilot plant in northern Tasmania to showcase its world-first process for producing hydrogen fluoride from an aluminium smelter by-product. The projec...

ABx Group Raises Capital to Advance Tasmanian Rare Earths Strategy

Oct 20, 2026

ABx Group has written to shareholders outlining its strategy to capitalise on its rare earth elements and ALCORE fluorine projects, highlighting what it describes as exceptional commercial potential and a competitive advantage in these emerging marke...

ABx Group calls fully virtual extraordinary general meeting for October 2026

Sep 28, 2026

ABx Group Limited has called an extraordinary general meeting for 29 October 2026, to be held entirely via Zoom webinar, giving shareholders the ability to attend and vote remotely in real time. The company is encouraging investors to lodge proxies a...

ABx Group Updates ASX Notice on Proposed Securities Issue and Quotation

Sep 28, 2026

ABx Group Limited has lodged an updated notice with the ASX regarding a proposed issue of securities, structured as a placement or other type of issue. The company confirms it is applying for quotation of all securities to be issued under a prospectu...

ABx Group Updates Capital Raising to Meet ASX Quotation Requirements

Sep 28, 2026

ABx Group Limited has updated its disclosure regarding a proposed issue of securities, covering both a placement and a securities purchase plan to existing investors. The company is aligning the offer with ASX Listing Rules and Corporations Act requi...

ABx Group Opens Share Purchase Plan to Fund Critical Minerals and Bauxite Projects

Sep 28, 2026

ABx Group Limited has opened its Share Purchase Plan offer to eligible shareholders in Australia and New Zealand who held fully paid ordinary shares as of 16 September 2026. The offer, detailed in a prospectus and target market determination availabl...

ABx Group launches fully underwritten SPP and option packages to raise $2m

Sep 27, 2026

ABx Group Limited has launched a series of capital initiatives, including a share purchase plan (SPP) offering eligible shareholders up to $30,000 of new shares at the lower of a fixed price or a discount to recent market trading, with one free optio...

ABx Group Issues Cleansing Notice for 65 Million New Shares

Sep 23, 2026

ABx Group has issued 65,322,581 fully paid ordinary shares as part of a previously announced share placement, formalising the capital raise on 23 September 2026. The new shares were issued without a prospectus under applicable Corporations Act provis...

ABx Group Seeks ASX Quotation for 806,452 New Shares

Sep 23, 2026

ABx Group Limited has applied to the ASX for quotation of 806,452 ordinary fully paid shares, with an issue date of 23 September 2026. The new securities, which arise from previously announced transactions, will increase the company’s quoted sh...

ABx Group Seeks Quotation of 64.5 Million New Shares on ASX

Sep 23, 2026

ABx Group Limited has applied for quotation of 64,516,129 new ordinary fully paid shares on the Australian Securities Exchange, with an issue date of 23 September 2026. The additional securities, issued as part of previously announced transactions, w...

ABx Group Plans New Share Placement to Raise Equity Capital

Sep 16, 2026

ABx Group Limited, an ASX-listed resources company trading under the code ABX, is undertaking a new capital markets transaction involving its ordinary fully paid shares. The group uses such placements as part of its broader funding strategy to underp...

ABx Group Plans Major ASX-Listed Options Placement

Sep 16, 2026

ABx Group Limited is an Australia-listed resources company operating in the mining and minerals sector. The group is engaged in the exploration and development of mineral projects, with its securities traded on the ASX under the code ABX, giving inve...

$4.1m Capital Raising to Drive ABx Rare Earths and ALCORE Pilot Plant

Sep 16, 2026

ABx Group has secured binding commitments for a $4.1 million capital raising, split between a $2.1 million placement to professional and sophisticated investors and a fully underwritten $2.0 million share purchase plan for eligible shareholders in Au...

ABx Group Seeks Trading Halt Ahead of Material Capital Raising

Sep 15, 2026

ABx Group Limited, an ASX-listed resources company with securities trading under the tickers ABX and ABXO, operates in the Australian mining sector with exposure to bauxite and related mineral projects. The company caters to investors seeking partici...

ABx Group Files Half-Year Financial Report for June 2026

Sep 11, 2026

ABx Group Limited has released its half year financial report for the period ended 30 June 2026, outlining its corporate directory and governance disclosures alongside key financial statements.The report package includes a review of operations, direc...

ABx Group Accelerates Tasmanian Rare Earth Exploration With Rapid Testing Technology

Aug 31, 2026

ABx Group has launched a new rare earth exploration drilling program across its northern Tasmanian tenements, initially targeting the Deep Leads–Rubble Mound area to delineate potentially mineable zones. The focus includes areas that produced e...

ABx Group Sharpens Focus on Sunrise Bauxite as GII Lets NSW Option Lapse

Aug 16, 2026

ABx Group is advancing its Sunrise Bauxite Project in Queensland, where partner Good Importing International has invested A$2.7 million for a 70% stake in the project vehicle. The JORC-compliant resource at Binjour totals 37 million tonnes of gibbsit...

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 03, 2026