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Australian Silica Quartz Group
(Sydney:ASQ)
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Rating:43Neutral
Price Target:
AU$0.02
▼(-10.00% Downside)
Action:Reiterated
Date:09/27/26
The score is driven primarily by weak financial performance (zero revenue in 2026, ongoing losses, and consistently negative operating/free cash flow), partly offset by the absence of reported debt. Technical indicators are broadly neutral with a slight negative tilt (below the 200-day average and negative MACD), while valuation is constrained by a negative P/E and no indicated dividend yield.
Positive Factors
Debt-Free Balance Sheet
The absence of reported debt limits fixed repayment obligations and reduces balance-sheet risk while the company remains loss-making. This provides greater flexibility to preserve capital, pursue development, or raise funding without adding immediate interest and refinancing pressure.
Negative Factors
Zero Revenue
Revenue falling to zero leaves the company without demonstrated commercial scale or a dependable operating base. Over the next several months, rebuilding sales will be essential for validating the business model, absorbing fixed costs, and reducing dependence on external funding.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-Free Balance Sheet
The absence of reported debt limits fixed repayment obligations and reduces balance-sheet risk while the company remains loss-making. This provides greater flexibility to preserve capital, pursue development, or raise funding without adding immediate interest and refinancing pressure.
Read all positive factors
Australian Silica Quartz Group (ASQ) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$7.13M
Dividend Yield43.48%
Average Volume (3M)135.14K
Price to Earnings (P/E)―
Beta (1Y)1.45
Revenue GrowthN/A
EPS Growth45.59%
CountryAU
Employees5
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding419,360,380
10 Day Avg. Volume16,039
30 Day Avg. Volume135,142
Financial Highlights & Ratios
PEG Ratio0.10
Price to Book (P/B)1.20
Price to Sales (P/S)0.00
P/FCF Ratio0.00
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
12
Very Negative
Balance Sheet
58
Neutral
Cash Flow
18
Very Negative
| Breakdown | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 273.48K | 70.54K | 67.77K | 102.33K |
| Gross Profit | -7.99K | 273.48K | 70.54K | 58.62K | 99.03K |
| EBITDA | -1.65M | -1.91M | -810.00K | -2.24M | -1.78M |
| Net Income | -1.06M | -1.92M | -831.00K | -2.25M | -1.80M |
Balance Sheet | |||||
| Total Assets | 4.24M | 4.41M | 6.07M | 6.89M | 7.42M |
| Cash, Cash Equivalents and Short-Term Investments | 1.33M | 836.76K | 2.40M | 2.96M | 4.76M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 181.11K | 100.91K | 254.55K | 1.28M | 142.51K |
| Stockholders Equity | 4.06M | 4.31M | 5.81M | 5.61M | 7.27M |
Cash Flow | |||||
| Free Cash Flow | 0.00 | -1.56M | -555.43K | -1.80M | -1.06M |
| Operating Cash Flow | -1.22M | -1.56M | -552.38K | -1.74M | -1.06M |
| Investing Cash Flow | 1.07M | 0.00 | -12.06K | -54.13K | -4.00K |
| Financing Cash Flow | 634.05K | 0.00 | -135.00 | -2.37K | -7.49K |
Australian Silica Quartz Group Technical Analysis
Negative
0.02
Price Trends
0.02
Negative
0.02
Negative
0.02
Negative
Market Momentum
>-0.01
Positive
47.10
Neutral
>-0.01
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:ASQ, the sentiment is Negative. 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 bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 47.10 is Neutral, neither overbought nor oversold. The STOCH value of >-0.01 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative 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% | |
49 Neutral | AU$6.54M | -3.04 | -49.20% | ― | ― | 10.85% | |
44 Neutral | AU$6.07M | -1.93 | -28.11% | 270.27% | ― | 68.16% | |
43 Neutral | AU$7.13M | -4.59 | -26.42% | 43.48% | ― | 45.59% | |
42 Neutral | AU$7.10M | -1.02 | -0.05% | ― | ― | -9.66% | |
41 Neutral | AU$17.90M | -13.41 | -20.00% | ― | ― | 72.94% | |
41 Neutral | AU$7.86M | -1.42 | 139.87% | ― | ― | -115.71% |
* Basic Materials Sector Average
AU:ASQ
Australian Silica Quartz Group
0.02
-0.01
-45.16%
AU:IND
Industrial Minerals Limited
0.11
-0.06
-33.33%
AU:WYX
Pacific Bauxite Limited
0.04
>-0.01
-14.63%
AU:RWD
Reward Minerals Limited
0.03
-0.01
-34.88%
AU:MML
Allup Silica Ltd.
0.01
-0.01
-47.83%
AU:SQX
SQX Resources Limited
0.05
-0.07
-60.00%
Australian Silica Quartz Group Corporate Events
Australian Silica Quartz files updated ASX governance statement and Appendix 4G
Sep 24, 2026
Australian Silica Quartz Group has lodged its updated corporate governance statement for the year ended 30 June 2026, confirming that the document is current as of 24 September 2026 and available on its website. The filing, together with a complet...
Australian Silica Quartz Group Updates Governance in 2025–2026 Annual Report
Sep 24, 2026
Australian Silica Quartz Group Ltd has released its 2025–2026 annual report, outlining updated corporate information, governance arrangements, and key management roles for the period. The document highlights board changes, including the appo...
ASQ Advances White Swan Kaolin Project on Inferred Resource Base
Aug 6, 2026
Australian Silica Quartz Group Ltd is developing a portfolio of silica, quartz, kaolin and bauxite assets in Western Australia and Queensland, targeting supply into industrial minerals and advanced materials markets. Its projects, including Quartz...
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...
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.