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Australian Mines (AUZ) AI Stock Analysis

AU:AUZ

Australian Mines

(ASX:AUZ)

Select Model
Rating:45Neutral
Price Target:AUD 0.15â–¼(-2.67% Downside)
Action:reiterated
Date:10/21/26

The score is driven mainly by weak financial performance—persistent losses, minimal revenue, and ongoing negative operating/free cash flow—partly offset by a low-leverage balance sheet with substantial equity. Technical indicators add pressure due to a near-term downtrend (below key moving averages, negative MACD, RSI ~40). Valuation is difficult to support with a negative P/E tied to losses and no dividend yield data.

Positive Factors
Debt-Free Balance SheetThe absence of debt reduces fixed financial obligations and interest-related pressure, giving the company greater flexibility while it advances mineral projects. This conservative leverage position also provides more capacity to manage operating uncertainty than a similarly loss-making business carrying substantial borrowings.
Negative Factors
Persistent and Widening LossesPersistent losses, combined with the sharp widening of the 2026 deficit, indicate that the business has not yet established a sustainable earnings model. Continued losses can erode the equity cushion, restrict internally funded investment, and increase the importance of successful project advancement.

Australian Mines (AUZ) vs. iShares MSCI Australia ETF (EWA)

-25%0%25%50%75%100%125%150%175%AU:AUZ+102.70%EWA+13.51%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
AUD 44.02M
Dividend Yield
―
Average Volume (3M)
4.34M
Price to Earnings (P/E)
-10.7
Beta (1Y)
0.75
Revenue Growth
―
EPS Growth
-147.76%
Country
Australia
Employees
69
Sector
Basic Materials
Sector Strength
61
Industry
Industrial Materials

Australian Mines Business Overview & Revenue Model

Company Description

Australian Mines Limited operates in the mineral exploration and development sector across Australia. The company concentrates its search primarily on deposits containing cobalt, nickel, and scandium. Its principal asset is the wholly-owned Sconi pro...

Australian Mines Financial Statement Overview

Summary

Financial profile is high-risk: profitability is weak with widening net losses (2026 loss -$7.1M vs. -$1.9M in 2025) and revenue is minimal/inconsistent. Cash flow is a persistent drain with negative operating and free cash flow across all years. The main support is a conservative balance sheet with no debt in 2024–2026 and sizable equity, but ongoing losses can erode that cushion over time.

Income Statement

12Very Negative

Balance Sheet

62Positive

Cash Flow

20Very Negative
Financial statement breakdown
BreakdownTTMJun 2026Jun 2025Jun 2024Jun 2023Jun 2022
Income Statement
Total Revenue000139.00K54.00K0
Gross Profit-3,000-3,000-4,000139.00K-82.00K-190.00K
EBITDA-7.18M-7.18M-1.88M-3.49M-3.17M-5.56M
Net Income-7.11M-7.11M-1.88M-3.80M-4.11M-5.79M
Balance Sheet
Total Assets48.30M48.30M45.10M46.98M45.31M42.25M
Cash, Cash Equivalents and Short-Term Investments5.24M5.24M1.45M4.49M4.63M3.99M
Total Debt00002.83M181.00K
Total Liabilities348.00K348.00K178.00K258.00K3.85M1.28M
Stockholders Equity47.95M47.95M44.93M46.72M41.47M40.97M
Cash Flow
Free Cash Flow-1.43M-1.43M-3.00M-3.87M-5.93M-9.66M
Operating Cash Flow-1.43M-1.43M-1.71M-1.48M-2.40M-4.25M
Investing Cash Flow-3.55M-3.55M-1.30M-2.42M-3.48M-5.41M
Financing Cash Flow8.80M8.80M03.76M6.52M10.01M

Australian Mines Technical Analysis

Technical Analysis SentimentPositive
Last Price0.15

Price Trends

50DMA0.14Positive
100DMA0.13Positive
200DMA0.12Positive

Market Momentum

MACD-0.00Negative
RSI57.75Neutral
STOCH77.16Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:AUZ, the sentiment is Positive. The current price of 0.15 is above the 20-day moving average (MA) of 0.13, above the 50-day MA of 0.14, and above the 200-day MA of 0.12, indicating a bullish trend. The MACD of -0.00 indicates Negative momentum. The RSI at 57.75 is Neutral, neither overbought nor oversold. The STOCH value of 77.16 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:AUZ.

Australian Mines Peers Comparison

Overall Rating

UnderperformOutperform
Sector (61)

Financial Indicators

AU:AUZ 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:VRCAU:VRC45NeutralAUD 21.84M-13.33-11.53%――-783.33%
AU:AUZAU:AUZ45NeutralAUD 65.89M-10.71-14.38%――-147.76%
AU:AR3AU:AR344NeutralAUD 26.98M-5.02-19.95%――-2.96%
AU:BKTAU:BKT43NeutralAUD 23.63M-2.97-11.28%――45.59%
AU:RVTAU:RVT41NeutralAUD 18.29M-7.16-6.44%――-36.47%
AU:VR8AU:VR833UnderperformAUD 17.52M83.33-0.13%――97.78%

* Basic Materials Sector Average

Performance Comparison

0%100%200%AU:AUZAU:VR8AU:BKTAU:VRCAU:AR3AU:RVTDec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
AU:AUZ and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
AU:AUZAustralian Mines Limited0.150.0787.50%
AU:VR8Vanadium Resources Ltd.0.03-0.00-13.79%
AU:BKTBlack Rock Mining Limited0.01-0.01-35.29%
AU:VRCVolt Resources Ltd0.010.000.00%
AU:AR3Australian Rare Earths Limited0.10-0.16-60.38%
AU:RVTRichmond Vanadium Technology Pty Ltd.0.080.0122.06%

Australian Mines Corporate Events

Australian Mines Updates Director Equity Holdings After Security Consolidation

Oct 30, 2026

Australian Mines Limited has disclosed changes in the security holdings of director David Michael McNeilly, as required under ASX listing rules. The notice details adjustments arising from a consolidation of securities and the issuance of new perform...

Australian Mines Advances Flemington Scandium Study and Boa Vista Gold Exploration

Oct 30, 2026

Australian Mines advanced the Pre-Feasibility Study for its Flemington Scandium Project during the September quarter, appointing specialist consultants and assessing production scenarios based on its existing mineral resource. The company confirmed a...

Australian Mines links share surge to scandium interest and planned rebrand

Oct 29, 2026

Australian Mines told the ASX it is unaware of any undisclosed information that would explain recent volatility in its share price and confirmed no assay results have yet been received from initial samples at its Boa Vista gold project in Brazil. The...

Australian Mines to Rebrand as First Scandium in Strategic Shift

Oct 28, 2026

Australian Mines Proposes Name Change to First ScandiumAustralian Mines has proposed changing its corporate name to First Scandium Limited and its ASX ticker to FSD to signal a stronger strategic focus on the Flemington Scandium Project. The move und...

Australian Mines Files 2026 Corporate Governance Disclosures with ASX

Oct 25, 2026

Australian Mines Limited has lodged its Appendix 4G and corporate governance statement for the financial year ended 30 June 2026, confirming compliance with ASX Listing Rules on governance disclosures. The statement, current as of 25 October 2026 and...

Australian Mines Sets Fully Virtual AGM for 24 November 2026

Oct 25, 2026

Australian Mines Limited has released details for its 24 November 2026 annual general meeting, which will be held entirely via live video conference to broaden shareholder access. The notice of meeting and participation instructions are available thr...

Australian Mines Cancels Nearly 19 Million Ordinary Shares in Capital Restructure

Oct 25, 2026

Australian Mines Limited has confirmed the cessation of 18,979,124 ordinary fully paid shares, following a cancellation agreed between the company and the relevant holder on 9 October 2026. The reduction in issued capital signals a targeted capital m...

Australian Mines cancels Loan Share Plan shares and corrects director holdings

Oct 14, 2026

Australian Mines Limited has cancelled 94,904,375 ordinary shares previously issued under its Loan Share Plan and has formally discontinued the use of that scheme, prompting the release of updated director interest notices. The company clarified dire...

Australian Mines Sets Out Scandium Strategy with Investor-Focused Presentation

Oct 13, 2026

Australian Mines Limited has released an investor presentation titled “Scandium at an Inflection Point” to outline its position and prospects in scandium and related mineral projects. The document is framed as a high-level overview rather...

Australian Mines Shareholders Approve Capital Consolidation and Option Ratifications

Oct 7, 2026

Australian Mines Limited has reported the results of its general meeting held on 7 October 2026, confirming shareholder approval for several key resolutions. The most significant operational change is a consolidation of the company’s share capi...

Australian Mines to Consolidate Shares and Options After Investor Approval

Oct 7, 2026

Australian Mines Limited has announced a security consolidation affecting its ordinary fully paid shares and multiple series of listed options on the ASX, all under the AUZ issuer code. The move will reorganise the company’s capital structure,...

Australian Mines Assembles Specialist Team to Fast-Track Flemington Scandium PFS

Sep 22, 2026

Australian Mines has appointed a specialist consultant team to complete a Pre-Feasibility Study for its Flemington Scandium Project in New South Wales. The study will remain focused on a base case of 60 tonnes per annum of scandium oxide, with assess...

Australian Mines Releases Audited Full-Year Financial Statements for FY2026

Sep 20, 2026

Australian Mines Limited has released its full-year audited financial reports for the year ended 30 June 2026, including consolidated profit and loss, balance sheet, cash flow statements, and changes in equity. The release also incorporates directors...

Australian Mines Expands ASX-Quoted Share Base with New Issue

Sep 17, 2026

Australian Mines Limited has applied for quotation on the ASX of 12,360,000 new ordinary fully paid shares, issued on September 11, 2026. The move expands its listed capital base, reflecting the conversion or exercise of existing securities and poten...

Australian Mines Calls 2026 Meeting to Reshape Capital and Incentive Structure

Sep 7, 2026

Australian Mines Limited has called a general meeting for 7 October 2026, to be held via live video conference, where shareholders will vote on a series of capital and governance resolutions. The agenda includes the forfeiture and cancellation of Loa...

Australian Mines Maps New High-Priority Drilling Targets at Flemington Scandium Project

Sep 2, 2026

Australian Mines has finalised a new aircore drilling program at its Flemington Scandium Project in New South Wales, where it holds a high-grade scandium mineral resource and is working to advance the asset within the broader Fifield critical mineral...

Australian Mines Seeks ASX Quotation for 1.5 Million New Shares

Aug 28, 2026

Australian Mines Limited has applied to the ASX for quotation of 1,500,000 ordinary fully paid shares following the exercise or conversion of existing options or other convertible securities. The new AUZ shares, issued on 24 August 2026, expand the c...

Australian Mines advances Flemington drilling to support scandium expansion study

Aug 25, 2026

Australian Mines has advanced a multi-purpose drilling program at its 100%-owned Flemington Scandium Project to an execution-ready stage, with work to begin once regulatory approval is received. The program targets resource extension around the exist...

Australian Mines Seeks ASX Quotation for 27.4m New Shares

Aug 18, 2026

Australian Mines Limited is an ASX-listed resources company operating in the mining sector. The company is focused on the exploration and development of mineral assets in Australia and its ordinary fully paid shares trade under the ticker AUZ on the...

Australian Mines Validates Flemington Water Licence as PFS Expands Supply Options

Aug 16, 2026

Australian Mines has confirmed that its existing Water Access Licence in the Lachlan system remains current and valid, forming a key component of baseline water supply for the Flemington Scandium Project. The licence, acquired in 2017, underpins wate...

Australian Mines Flags Key Scandium Catalysts as Flemington Study Advances

Aug 10, 2026

Australian Mines is an ASX-listed resources company concentrating on scandium development, anchored by its Flemington Scandium Project in New South Wales, which is contiguous with the Syerston deposit and hosts a 6.3 Mt resource at 446 ppm scandium....

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: Oct 21, 2026