Want to see AU:ASQ full AI Analyst Report?
Top Page
Australian Silica Quartz Group
(Sydney:ASQ)
Select Model
Select Model
Rating:43Neutral
Price Target:
AU$0.02
▼(-25.00% Downside)
Action:Reiterated
Date:05/28/26
The score is weighed down primarily by persistent losses and accelerating cash burn, which elevate execution and funding risk, despite strong recent revenue growth and a zero-debt balance sheet. Technicals also remain weak with the price below major moving averages and negative MACD, while valuation is constrained by a negative P/E and no dividend support.
Positive Factors
Debt-free balance sheet
A debt-free, conservatively financed balance sheet meaningfully lowers structural financial risk and interest expense. Over 2-6 months this preserves optionality to fund operations or invest in growth without immediate refinancing pressure, improving resilience versus leveraged peers.
Negative Factors
Persistent unprofitability
Consistent operating and net losses indicate the business has not reached sustainable profitability. Over months this elevates execution risk; without credible path to break-even, losses will continue to deplete capital and limit investment in growth or margin improvement.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-free balance sheet
A debt-free, conservatively financed balance sheet meaningfully lowers structural financial risk and interest expense. Over 2-6 months this preserves optionality to fund operations or invest in growth without immediate refinancing pressure, improving resilience versus leveraged peers.
Read all positive factors
Australian Silica Quartz Group (ASQ) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$7.55M
Dividend Yield43.48%
Average Volume (3M)218.65K
Price to Earnings (P/E)―
Beta (1Y)1.52
Revenue GrowthN/A
EPS Growth27.45%
CountryAU
Employees5
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding419,360,380
10 Day Avg. Volume240,437
30 Day Avg. Volume218,646
Financial Highlights & Ratios
PEG Ratio-0.02
Price to Book (P/B)1.05
Price to Sales (P/S)16.53
P/FCF Ratio-2.90
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
Australian Silica Quartz Group Business Overview & Revenue Model
Company Description
Australian Silica Quartz Group Ltd. (ASQ), along with its subsidiaries, specializes in the acquisition, exploration, and development of both hard rock quartz and high-quality silica sand. Their primary silica sand exploration efforts are directed ...
How the Company Makes Money
null...
Australian Silica Quartz Group Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
62
Positive
Cash Flow
14
Very Negative
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 52.01K | 273.48K | 70.54K | 67.77K | 102.33K | 76.56K |
| Gross Profit | 48.01K | 273.48K | 70.54K | 58.62K | 99.03K | 71.89K |
| EBITDA | -1.43M | -1.91M | -810.00K | -2.24M | -1.78M | -1.19M |
| Net Income | -1.05M | -1.92M | -831.00K | -2.25M | -1.80M | -1.19M |
Balance Sheet | ||||||
| Total Assets | 4.13M | 4.41M | 6.07M | 6.89M | 7.42M | 8.48M |
| Cash, Cash Equivalents and Short-Term Investments | 1.28M | 836.76K | 2.40M | 2.96M | 4.76M | 5.84M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 142.96K | 100.91K | 254.55K | 1.28M | 142.51K | 108.31K |
| Stockholders Equity | 3.98M | 4.31M | 5.81M | 5.61M | 7.27M | 8.37M |
Cash Flow | ||||||
| Free Cash Flow | -1.09M | -1.56M | -555.43K | -1.80M | -1.06M | -1.02M |
| Operating Cash Flow | -1.09M | -1.56M | -552.38K | -1.74M | -1.06M | -1.02M |
| Investing Cash Flow | 1.07M | 0.00 | -12.06K | -54.13K | -4.00K | -709.00 |
| Financing Cash Flow | 0.00 | 0.00 | -135.00 | -2.37K | -7.49K | 3.58M |
Australian Silica Quartz Group Technical Analysis
Neutral
0.02
Price Trends
0.02
Positive
0.02
Negative
0.02
Negative
Market Momentum
<0.01
Positive
52.11
Neutral
44.44
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:ASQ, the sentiment is Neutral. The current price of 0.02 is above the 20-day moving average (MA) of 0.02, above the 50-day MA of 0.02, and above the 200-day MA of 0.02, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 52.11 is Neutral, neither overbought nor oversold. The STOCH value of 44.44 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for AU:ASQ.
Australian Silica Quartz Group 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% | |
46 Neutral | AU$19.52M | -13.19 | -26.29% | ― | ― | 76.73% | |
43 Neutral | AU$7.55M | -4.86 | -25.39% | 43.48% | ― | 27.45% | |
42 Neutral | AU$7.10M | -1.02 | -0.05% | ― | ― | -31.43% | |
41 Neutral | AU$8.42M | -2.78 | 100.69% | ― | ― | 90.94% | |
41 Neutral | AU$7.08M | -1.13 | -42.24% | 270.27% | ― | 40.33% | |
40 Underperform | AU$6.02M | -3.13 | -36.71% | ― | ― | 25.33% |
* Basic Materials Sector Average
AU:ASQ
Australian Silica Quartz Group
0.02
<0.01
11.76%
AU:IND
Industrial Minerals Limited
0.12
-0.06
-36.11%
AU:WYX
Pacific Bauxite Limited
0.04
-0.01
-27.08%
AU:RWD
Reward Minerals Limited
0.03
-0.01
-25.00%
AU:MML
Allup Silica Ltd.
0.01
>-0.01
-42.86%
AU:SQX
SQX Resources Limited
0.05
-0.05
-52.58%
Australian Silica Quartz Group Corporate Events
ASQ Secures White Swan Kaolin Project and Bolsters Balance Sheet
Jul 29, 2026
Australian Silica Quartz Group has completed the acquisition of Australian Kaolin Pty Ltd, gaining full ownership of the White Swan Kaolin Project, which hosts an inferred 47Mt kaolin resource on a newly granted mining lease near the deep-water po...
ASQ Reports Strong Testwork Results for White Swan Kaolin as Chinese Demand Rises
Jul 28, 2026
Australian Silica Quartz Group has reported encouraging preliminary results from independent testwork on an 800kg bulk sample from its White Swan Kaolin Project in Western Australia, carried out at a laboratory in China. Initial analysis showed th...
Director Robert Nash Increases Stake in Australian Silica Quartz Group
Jul 2, 2026
Australian Silica Quartz Group has disclosed a change in director Robert Nash’s holdings, reflecting an increase in his stake in the company via both direct and trust-held interests. Nash, who is trustee and beneficiary of the Nash Family Tr...
Australian Silica Quartz Group Seeks Quotation for 100 Million New Shares
Jul 1, 2026
Australian Silica Quartz Group has applied for quotation on the ASX of 100,000,000 new fully paid ordinary shares, expanding its listed capital base. The issuance, lodged under an Appendix 2A, signals a significant capital-related move that may su...
Australian Silica Quartz Seeks ASX Quotation for 4.75 Million New Shares
Jul 1, 2026
Australian Silica Quartz Group Ltd has applied for quotation on the ASX of 4,750,000 ordinary fully paid shares, to be issued on 1 July 2026. The new securities form part of previously announced transactions and their quotation will expand the com...
Australian Silica Quartz Secures White Swan Kaolin Project and Targets Export Growth
Jul 1, 2026
Australian Silica Quartz Group has completed the acquisition of private explorer Australian Kaolin, securing full ownership of the White Swan Kaolin Project in Western Australia. The deal was finalised with the issue of 100 million shares to the v...
Australian Silica Quartz Group Adds New Director with Significant Indirect Stake
Jun 29, 2026
Australian Silica Quartz Group has appointed James Donald De Barran Cullen as a director effective 29 June 2026, reflecting an adjustment to the company’s board composition. Cullen holds no shares directly but has an indirect interest throug...
ASQ strengthens board with appointment of veteran mining executive Jamie Cullen
Jun 29, 2026
Australian Silica Quartz Group has appointed experienced mining services executive Jamie Cullen as a non-executive director, strengthening its board with his 27-year track record leading ASX-listed mining service companies through growth and takeo...
Australian Silica Quartz investors back kaolin acquisition and equity issues
Jun 29, 2026
Australian Silica Quartz Group has secured shareholder approval for a suite of resolutions at its extraordinary general meeting, including the acquisition of Australian Kaolin and multiple share issues linked to that deal and a recent placement. T...
Australian Silica Quartz Group Calls June 2026 General Meeting, Moves to Electronic Notices
May 28, 2026
Australian Silica Quartz Group has called a general meeting of shareholders to be held on 29 June 2026 in Subiaco, Western Australia, with voting eligibility set for shareholders on the register as at 27 June. The company is shifting to electronic...
ASQ Secures Key Regulatory Approval for White Swan Kaolin Project
May 26, 2026
Australian Silica Quartz Group has announced that Australian Kaolin Pty Ltd, owner of the White Swan Kaolin Project it plans to acquire, has secured approval from the Department of Mines, Petroleum and Exploration for the project’s Mining De...
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.