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Golden Rim Resources Ltd (AS1) AI Stock Analysis
Golden Rim Resources Ltd
(ASX:AS1)
The overall score is held back by weak profitability, sustained cash burn, and an unproven valuation, partially balanced by a robust, unlevered balance sheet and a neutral-to-slightly-positive technical profile despite elevated volatility.
Golden Rim Resources Ltd (AS1) vs. iShares MSCI Australia ETF (EWA)
- Market Cap
- AUD 240.74M
- Dividend Yield
- ―
- Average Volume (3M)
- 1.84M
- Price to Earnings (P/E)
- -50.0
- Beta (1Y)
- 1.43
- Revenue Growth
- ―
- EPS Growth
- -53.33%
- Country
- Australia
- Employees
- 146
- Sector
- Basic Materials
- Sector Strength
- 61
- Industry
- Gold
Golden Rim Resources Ltd Business Overview & Revenue Model
Company Description
Asara Resources Limited specializes in the discovery and advancement of mineral properties across diverse geographies, including Australia, Guinea, Burkina Faso, and Chile. The company's primary objective is the search for economically viable deposit...
Golden Rim Resources Ltd Financial Statement Overview
Summary
Score reflects a strong, debt-free balance sheet with rising shareholders’ equity, offset by zero revenue since 2023, recurring operating and net losses, and consistently negative operating and free cash flows.
Income Statement
25NegativeBalance Sheet
70PositiveCash Flow
30Negative| Breakdown | TTM | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0 | 0 | 0 | 0 | 0 | 8.41M |
| Gross Profit | -156.93K | -156.93K | -101.58K | -70.95K | -86.84K | 8.41M |
| EBITDA | -3.96M | -3.96M | -1.79M | -1.32M | -8.05M | -2.40M |
| Net Income | -3.57M | -3.57M | -1.46M | 1.54M | -8.07M | -2.28M |
Balance Sheet | ||||||
| Total Assets | 105.24M | 105.24M | 29.74M | 28.21M | 23.53M | 21.10M |
| Cash, Cash Equivalents and Short-Term Investments | 59.75M | 59.75M | 3.20M | 1.34M | 1.64M | 2.61M |
| Total Debt | 0 | 0 | 0 | 500.00K | 0 | 8.52M |
| Total Liabilities | 4.15M | 4.15M | 386.46K | 1.68M | 1.51M | 696.57K |
| Stockholders Equity | 103.10M | 103.10M | 30.77M | 27.93M | 23.19M | 22.36M |
Cash Flow | ||||||
| Free Cash Flow | -2.94M | -2.94M | -4.09M | -1.81M | -2.25M | -5.01M |
| Operating Cash Flow | -2.02M | -2.02M | -1.50M | -1.79M | -2.18M | -4.89M |
| Investing Cash Flow | -17.52M | -17.52M | 85.63K | -2.10M | -6.60M | -7.34M |
| Financing Cash Flow | 76.67M | 76.67M | 3.17M | 3.59M | 7.81M | 10.58M |
Golden Rim Resources Ltd Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:AS1, the sentiment is Neutral. The current price of 0.11 is below the 20-day moving average (MA) of 0.12, below the 50-day MA of 0.13, and below the 200-day MA of 0.13, indicating a neutral trend. The MACD of -0.00 indicates Negative momentum. The RSI at 48.77 is Neutral, neither overbought nor oversold. The STOCH value of 62.75 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for AU:AS1.
Golden Rim Resources Ltd Peers Comparison
Overall Rating
AU:TBR67.6Neutral
AU:MRT66Neutral
AU:BGD50Neutral- AU:AS147Neutral
AU:STN44Neutral
AU:TGM41Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| AU:TBR | 68Neutral | AUD 272.31M | 3.58 | 25.21% | 3.82% | 28.38% | 127.83% |
| AU:MRT | 66Neutral | AUD 194.21M | 2.02 | 26.58% | ― | 118.61% | ― |
| Sector * | 61Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% |
| AU:BGD | 50Neutral | AUD 216.16M | -8.51 | -80.60% | ― | -100.00% | -1011.90% |
| AU:AS1 | 47Neutral | AUD 240.74M | -50.00 | -4.59% | ― | ― | -53.33% |
| AU:STN | 44Neutral | AUD 289.59M | -27.50 | -5.89% | ― | ― | 9.68% |
| AU:TGM | 41Neutral | AUD 268.34M | -29.19 | -12.57% | ― | ― | 59.02% |
* Basic Materials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| AU:AS1 | Golden Rim Resources Ltd | 0.12 | 0.04 | 64.29% | |
| AU:TGM | Theta Gold Mines Ltd. | 0.20 | 0.04 | 21.88% | |
| AU:TBR | Tribune Resources Limited | 5.19 | -1.31 | -20.15% | |
| AU:MRT | Horizon Minerals Ltd | 0.52 | -0.29 | -35.80% | |
| AU:STN | Saturn Metals Ltd. | 0.39 | -0.08 | -17.20% | |
| AU:BGD | Barton Gold Holdings Limited | 0.80 | -0.37 | -32.05% |
Golden Rim Resources Ltd Corporate Events
Asara boosts Kada gold resource, advances DFS and regional footprint
Asara Resources Limited reported a major upgrade to the Mineral Resource estimate at its Kada Gold Project in Guinea, lifting total resources by 125% to 92.9Mt at 0.70g/t gold for 2.08Moz, including a substantial increase in free-dig oxide ore and a...
Asara Resources Boosts Kada Gold Potential with Strong Massan Drill Results
Asara Resources Limited has reported strong assay results from 154 drillholes totaling 21,638m at the Massan Deposit within its Kada Gold Project in Guinea, following an interim Mineral Resource Estimate in August 2026. The post-MRE drilling is aimed...
Asara Resources Reschedules AGM and Revises Director Nomination Deadline
Asara Resources Limited has postponed its annual general meeting of shareholders to Monday, 30 November 2026, adjusting the timetable for key governance events. The company is preparing to inform investors of the revised meeting arrangements through...
Asara Resources Flags Governance Overhaul After Year of Growth
Asara Resources Limited has detailed its corporate governance practices for the year ended 30 June 2026, highlighting a framework built around high standards of ethics, integrity and legal compliance. The board has largely aligned its policies with t...
Asara Resources Publishes 2026 Annual Report and Governance Overview
Asara Resources has released its annual report for the year ended 30 June 2026, outlining its operating and financial performance, governance structure, and audited financial statements. The report details the company’s board composition, audit...
Asara Resources Sets November Date and Timetable for 2026 AGM
Asara Resources Limited has scheduled its 2026 annual general meeting of shareholders for 20 November 2026 in Western Australia. The company has opened the formal process for director nominations ahead of the meeting, signaling the upcoming opportuni...
Asara Resources Seeks ASX Quotation for 5 Million New Shares
Asara Resources Limited has applied for the quotation of 5,000,000 ordinary fully paid shares on the Australian Securities Exchange, with an issue date of September 14, 2026. The application, lodged as a new announcement under Appendix 2A, indicates...
S&P Dow Jones Indices Unveils September 2026 S&P/ASX Quarterly Rebalance
S&P Dow Jones Indices has announced the September 2026 quarterly rebalance of the S&P/ASX index family, with changes to the constituents of the S&P/ASX 50, 100, 200, and 300 indices taking effect before the market opens on 21 September, w...
Asara Resources affirms updated Kada gold resource and exploration results
Asara Resources has released a corporate presentation outlining an updated Mineral Resource Estimate for its Kada Gold Project in Guinea. The company states that the new estimate, first reported on 31 August 2026, supersedes its October 2023 resource...
Asara Resources Doubles Kada Gold Resource as Indicated Ounces Surge
Asara Resources has announced a sharply expanded interim Mineral Resource estimate for its Kada Gold Project in Guinea, lifting total resources to 92.9Mt at 0.70g/t gold for 2.08Moz, a 125% increase in contained ounces over the 2023 estimate. The upg...
Asara Resources Plans Placement of 5 Million New Shares on ASX
Asara Resources Limited has announced a proposed placement of up to 5,000,000 ordinary fully paid shares on the ASX, with the new securities expected to be issued on 7 September 2026. The move reflects the company’s continued reliance on equity...
Asara Resources Expands Kada Gold Project With Damissa Koura Acquisition
Asara Resources has agreed to acquire Arafura Ouest PTE Ltd, which holds the Damissa Koura and Kankan West exploration permits in Guinea’s Siguiri Basin. The transaction will lift Asara’s regional landholding to about 301 square kilometer...
Asara Resources Expands Share Capital Via Compliant Secondary Issuance
Asara Resources Limited has issued 2,173,650 fully paid ordinary shares and advised that the issuance was made without a prospectus under the Corporations Act disclosure provisions. The company confirmed its ongoing compliance with key reporting and...
Asara Resources Issues New Shares for FY 2026 Employee Incentives
Asara Resources Limited has issued 2,173,650 ordinary fully paid shares to employees as satisfaction of its financial year 2026 short-term incentive payment. The new shares, dated 20 August 2026, are being quoted on the ASX under the company’s...
Asara Resources Sells Non-Core Chile Paguanta Project to Ajax
Asara Resources Limited has agreed to divest its interest in the Paguanta Copper and Silver-Lead-Zinc Project in northern Chile to Aquis Exchange-listed Ajax Resources PLC, under a binding share purchase agreement. The Paguanta asset has been on care...
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: Oct 02, 2026