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ERE Stock Chart & Stats
$0.01
$0.00(0.00%)
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--
Day’s Range― - ―
52-Week Range<$0.01 - $0.03
Previous CloseN/A
VolumeN/A
Average Volume (3M)N/A
Market Cap
AU$10.42M
Enterprise Value$4.16M
Total Cash (Recent Filing)AU$1.08M
Total Debt (Recent Filing)AU$0.00
Price to Earnings (P/E)―
Beta1.28
Next Earnings
Sep 11, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding694,914,860
10 Day Avg. VolumeN/A
30 Day Avg. VolumeN/A
Financial Highlights & Ratios
PEG Ratio0.11
Price to Book (P/B)0.52
Price to Sales (P/S)0.00
P/FCF Ratio-4.91
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
Bulls Say, Bears Say
Bulls Say
Low Leverage / Clean Balance SheetZero reported debt across periods is a durable financial strength: low leverage materially reduces refinancing and interest-rate risk, preserves optionality for capital allocation, and gives management time to execute without immediate creditor pressure, supporting multi-month operational resilience.
Positive And Growing EquityReported growth in shareholders' equity provides a tangible capital buffer. A rising equity base supports the asset foundation, lengthens runway versus immediately dilutive financing, and signals some successful capital provision or retained support—important for sustaining pre-revenue work over the medium term.
Improving Cash Outflow TrendReduction in cash outflow and smaller 2025 loss indicates the company is narrowing its burn rate. A downward trend in cash consumption, even from negative levels, is a durable operational improvement that lowers near-term funding needs and increases the likelihood of reaching break-even with consistent execution.
Bears Say
No Revenue / Pre-revenue StatusAbsence of revenue is a fundamental weakness: without recurring sales the business lacks proven market demand and unit economics. This increases dependence on external capital, creates uncertainty about scalable margins, and extends execution risk until commercial inflows are demonstrated.
Persistent Net LossesSustained negative net income and negative gross profit indicate the company has not yet achieved profitable operations. Continued losses erode equity over time, limit reinvestment capacity, and force reliance on financing, constraining strategic options and increasing long-term dilution risk if unresolved.
Negative Operating And Free Cash FlowConsistent negative operating and free cash flow show a durable cash burn profile. Persistent outflows require ongoing funding from investors or balance-sheet resources, elevating execution risk and making the company sensitive to capital-market access and timing over the coming months.
Prospech Ltd. News
ERE FAQ
What was Prospech Ltd.’s price range in the past 12 months?
Prospech Ltd. lowest share price was <$0.01 and its highest was $0.03 in the past 12 months.
What is Prospech Ltd.’s market cap?
Prospech Ltd.’s market cap is AU$10.42M.
When is Prospech Ltd.’s upcoming earnings report date?
Prospech Ltd.’s upcoming earnings report date is Sep 11, 2026 which is in 56 days.
How were Prospech Ltd.’s earnings last quarter?
Prospech Ltd. released its earnings results on Mar 31, 2026. The company reported -$0.002 earnings per share for the quarter, missing the consensus estimate of N/A by -$0.002.
Is Prospech Ltd. overvalued?
According to Wall Street analysts Prospech Ltd.’s price is currently Undervalued.
Does Prospech Ltd. pay dividends?
Prospech Ltd. does not currently pay dividends.
What is Prospech Ltd.’s EPS estimate?
Prospech Ltd.’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Prospech Ltd. have?
Prospech Ltd. has 694,914,860 shares outstanding.
What happened to Prospech Ltd.’s price movement after its last earnings report?
Prospech Ltd. reported an EPS of -$0.002 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went same 0%.
Which hedge fund is a major shareholder of Prospech Ltd.?
Currently, no hedge funds are holding shares in AU:ERE
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Prospech Ltd. Stock Smart Score
Outperform
1
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5
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8
9
10
Blogger Sentiment
Bullish
AU:ERE Sentiment 100%
Sector Average 72%
Sector Average 72%
Insider Transactions
Bought Shares
Worth AU$215.9K over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Fundamentals
Return on Equity
-10.81%
Trailing 12-Months
Asset Growth
14.73%
Trailing 12-Months
Company Description
Prospech Ltd.
Operating with its subsidiaries, European Resources Limited undertakes mineral exploration projects across Finland and Slovakia. The company's prospecting efforts target a wide range of deposits, including gold, silver, copper, cobalt, nickel, zinc, lead, vanadium, lithium, beryllium, and various rare earth elements. Formerly known as Prospech Limited, the firm adopted its current name, European Resources Limited, in December 2025. It was established in 2014 and its corporate headquarters are situated in Sydney, Australia.
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