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ERE Stock Chart & Stats
$0.02
<$0.01(5.88%)
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Day’s Range― - ―
52-Week Range<$0.01 - $0.03
Previous CloseN/A
VolumeN/A
Average Volume (3M)540.67K
Market Cap
AU$11.90M
Enterprise Value$4.16M
Total Cash (Recent Filing)AU$1.08M
Total Debt (Recent Filing)AU$0.00
Price to Earnings (P/E)―
Beta1.27
Next Earnings
Sep 11, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding699,914,860
10 Day Avg. Volume702,563
30 Day Avg. Volume540,675
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
Zero DebtA debt-free balance sheet limits interest expense, refinancing exposure and lender restrictions. This gives Prospech greater financial flexibility while it works to establish a viable operating model.
Positive And Growing EquityPositive equity provides an asset base to support ongoing activities and indicates that accumulated liabilities have not overwhelmed the company’s resources. Recent equity growth offers some balance-sheet resilience despite continuing losses.
Reduced Losses And Cash Outflow In 2025The improvement in 2025 suggests some progress in controlling losses and conserving cash. If sustained, this could extend the company’s operating runway and reduce the pace at which its balance-sheet resources are consumed.
Bears Say
No Revenue Across Reported PeriodsThe absence of revenue indicates that Prospech has not yet demonstrated commercial traction or a functioning revenue engine. This creates substantial uncertainty around customer adoption, future funding needs and the timing of any path to profitability.
Persistent Operating LossesLosses across gross profit and operating measures show that the company lacks sufficient scale to cover its cost structure. Without revenue growth or structural cost reductions, sustained negative profitability will continue to weaken earnings visibility.
Ongoing Cash Burn And Funding DependenceConsistently negative operating and free cash flow means the business is not self-funding and must draw on cash reserves, asset resources or external financing. This can constrain development plans and create dilution or liquidity risk over time.
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$11.90M.
When is Prospech Ltd.’s upcoming earnings report date?
Prospech Ltd.’s upcoming earnings report date is Sep 11, 2026 which is in 8 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.
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 699,914,860 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. 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
Neutral
1
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3
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5
6
7
8
9
10
Technicals
SMA
Negative
20 days / 200 days
Momentum
12.50%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
14.73%
Trailing 12-Months
Learn more about TipRanks Smart Score
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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