TipRanks
Go Ultimate55% OFF

Estrella Resources Limited (ESR) AI Stock Analysis

AU:ESR

Estrella Resources Limited

(ASX:ESR)

Select Model
Rating:45Neutral
Price Target:AUD 0.03â–²(0.00% Upside)
Action:reiterated
Date:10/03/26

The score is primarily held back by weak financial performance—minimal/volatile revenue, large losses, and sustained cash burn with worsening free cash flow—despite low balance-sheet leverage. Technical indicators are broadly neutral, and valuation support is limited because the company is loss-making (negative P/E) with no dividend yield provided.

Positive Factors
Low LeverageVery low leverage limits interest obligations and refinancing exposure, preserving more financial flexibility than a heavily indebted structure would. This conservative debt position can help the company direct available capital toward exploration and technical work while reducing balance-sheet vulnerability.
Negative Factors
Sustained Cash BurnPersistent negative operating cash flow means the company is consuming cash to fund its activities rather than financing them internally. The sharper 2026 free-cash-flow deficit increases dependence on future funding and can restrict the pace of exploration or force less favorable capital decisions.

Estrella Resources Limited (ESR) vs. iShares MSCI Australia ETF (EWA)

-40%-30%-20%-10%0%10%20%30%AU:ESR-3.33%EWA+13.51%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
AUD 66.03M
Dividend Yield
―
Average Volume (3M)
2.09M
Price to Earnings (P/E)
-2.6
Beta (1Y)
0.76
Revenue Growth
―
EPS Growth
-900.00%
Country
Australia
Employees
―
Sector
Basic Materials
Sector Strength
61
Industry
Industrial Materials

Estrella Resources Limited Business Overview & Revenue Model

Company Description

Estrella Resources Limited, along with its subsidiaries, is dedicated to exploring and developing nickel deposits throughout Western Australia. The company maintains full ownership of two key projects: the Carr Boyd nickel project, which incorporates...

Estrella Resources Limited Financial Statement Overview

Summary

Income statement and cash flow are very weak: revenue is minimal/volatile and 2026 shows a large net loss (~A$24.0m) alongside sharply worse negative free cash flow (~-A$10.2m). The balance sheet is a relative positive with very low leverage (~0.6% debt-to-equity), but equity declined materially (from ~A$24.2m to ~A$15.2m), reinforcing funding and dilution risk. Overall reflects an early-stage/exploration profile with sustained losses and cash burn.

Income Statement

12Very Negative

Balance Sheet

58Neutral

Cash Flow

18Very Negative
Financial statement breakdown
BreakdownTTMJun 2026Jun 2025Jun 2024Jun 2023Jun 2022
Income Statement
Total Revenue056.18K00405.52K2,294
Gross Profit-136.05K56.18K-112.43K-141.00K405.52K2,294
EBITDA-2.72M-2.72M-1.96M-2.77M-1.38M-2.13M
Net Income-23.98M-23.98M-2.08M-2.99M-1.60M-2.28M
Balance Sheet
Total Assets16.36M16.36M29.90M21.11M23.33M21.14M
Cash, Cash Equivalents and Short-Term Investments5.24M5.24M6.56M359.61K1.08M776.39K
Total Debt97.69K97.69K001.04M0
Total Liabilities1.15M1.15M5.74M390.24K1.30M1.46M
Stockholders Equity15.21M15.21M24.16M20.72M22.03M19.67M
Cash Flow
Free Cash Flow-1.63M-10.24M-1.33M-1.44M-5.20M-9.62M
Operating Cash Flow-1.15M-1.15M-1.27M-1.15M-1.13M-1.26M
Investing Cash Flow-9.09M-9.09M-2.33M-287.09K-3.04M-8.12M
Financing Cash Flow9.36M9.36M10.02M586.22K4.50M6.55M

Estrella Resources Limited Technical Analysis

Technical Analysis SentimentPositive
Last Price0.03

Price Trends

50DMA0.03Positive
100DMA0.03Positive
200DMA0.03Positive

Market Momentum

MACD0.00Negative
RSI54.32Neutral
STOCH72.62Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:ESR, the sentiment is Positive. The current price of 0.03 is above the 20-day moving average (MA) of 0.03, below the 50-day MA of 0.03, and above the 200-day MA of 0.03, indicating a bullish trend. The MACD of 0.00 indicates Negative momentum. The RSI at 54.32 is Neutral, neither overbought nor oversold. The STOCH value of 72.62 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:ESR.

Estrella Resources Limited Peers Comparison

Overall Rating

UnderperformOutperform
Sector (61)

Financial Indicators

AU:ESR 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:AVLAU:AVL52NeutralAUD 64.89M-6.32-7.34%―-100.00%22.03%
AU:ESRAU:ESR45NeutralAUD 66.03M-2.64-210.57%――-900.00%
AU:DRXAU:DRX44NeutralAUD 72.62M-23.87-3.35%―――
AU:ZNCAU:ZNC42NeutralAUD 45.43M-46.67-3.47%―185.18%80.00%
AU:PNNAU:PNN40UnderperformAUD 61.28M-3.65-33.02%―-100.00%80.38%
AU:NMRAU:NMR37UnderperformAUD 44.14M-1.15-1001.87%――-17.24%

* Basic Materials Sector Average

Performance Comparison

-50%0%50%AU:ESRAU:AVLAU:PNNAU:ZNCAU:DRXAU:NMRDec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
AU:ESR and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
AU:ESREstrella Resources Limited0.030.000.00%
AU:AVLAustralian Vanadium Limited0.17-0.13-43.33%
AU:PNNPepinNini Minerals Limited0.140.0327.27%
AU:ZNCZenith Minerals Limited0.07-0.03-27.08%
AU:DRXDiatreme Resources Limited0.01-0.01-33.33%
AU:NMRNative Mineral Resources Holdings Ltd.0.04-0.05-58.06%

Estrella Resources Limited Corporate Events

Estrella inks first bulk manganese sales deal from Timor-Leste

Oct 29, 2026

Estrella Resources has signed a binding sales agreement with private Australian trader Repusource Pty Ltd for 27,000 tonnes of manganese ore from the Ira Miri project in Timor-Leste. The deal follows recent export authorisation and moves a bulk sampl...

Estrella Director Shifts Holdings From Options to Shares

Oct 29, 2026

Estrella Resources Limited disclosed a change in the indirect holdings of director Les Pereira, lodged under ASX listing rules governing director interests. The notice outlines adjustments in securities held through Nannook Holdings Pty Ltd , reflect...

Estrella accelerates Timor-Leste push with Laleno copper discovery and resource upgrades

Oct 29, 2026

Estrella Resources reported a strong September quarter marked by rapid advances across its Timor-Leste portfolio, led by the Laleno Dome copper-gold target. Petrographic work and rock-chip assays confirmed porphyry-style mineralisation with high-grad...

Estrella Wins Export Approval for Ira Miri Manganese Market Parcel

Oct 27, 2026

Estrella Resources has secured export authorisation from the Government of Timor-Leste for a bulk sample of manganese from its Ira Miri project, enabling shipment via the Tenu Port Facility. The company is constructing a causeway and moving ore from...

Estrella Resources Corrects Proxy Form Error Ahead of AGM

Oct 27, 2026

Estrella Resources Limited has issued a clarification regarding a typographical error in the proxy form attached to its Notice of Annual General Meeting lodged with the ASX on 27 October 2026. The corrected wording under the voting instructions now c...

Estrella Resources Sets November Date for AGM and Moves to Digital Notices

Oct 27, 2026

Estrella Resources Ltd, an ASX-listed resources company based in Perth, Western Australia, engages investors through formal governance processes such as its Annual General Meeting. Shareholders are provided with access to company documents online and...

Estrella Resources Sets November Date for 2026 Annual General Meeting

Oct 27, 2026

Estrella Resources Limited has called its Annual General Meeting for shareholders to be held in person in Perth on 26 November 2026 at 12:00pm AWST. The meeting will table the company’s annual report for the year ended 30 June 2026, including f...

Estrella Resources Issues Over 20 Million New Shares Under Disclosure Exemption

Oct 26, 2026

Estrella Resources Limited has issued 20,532,059 fully paid ordinary shares on 26 October 2026, expanding its capital base on the ASX. The issuance was conducted without a prospectus or disclosure document under the relevant section of the Corporatio...

Estrella Resources Seeks ASX Quotation for Over 20 Million New Shares

Oct 26, 2026

Estrella Resources Limited has lodged an application with the ASX for quotation of 20,532,059 new ordinary fully paid shares. The securities, to be issued on October 26, 2026, will expand the company’s quoted capital base, potentially enhancing...

Estrella Resources Issues New Shares and Confirms Regulatory Compliance

Oct 9, 2026

Estrella Resources Limited has issued 362,000 fully paid ordinary shares, expanding its capital base without providing a formal disclosure document under Part 6D.2 of the Corporations Act. The company states it is compliant with key financial reporti...

Estrella Resources Seeks ASX Quotation for Additional Shares

Oct 9, 2026

Estrella Resources Limited has lodged a new application with the ASX for quotation of additional ordinary fully paid shares, expanding its listed securities base. The company is seeking quotation for 362,000 new ESR shares issued on 9 October 2026, a...

Estrella Sells WA Nickel Rights to Astral for $3m in Shares

Oct 5, 2026

Estrella Resources has entered a binding agreement to sell 100% of its nickel rights at the West Kambalda and Spargos tenements in Western Australia to Mandilla Nickel, a wholly owned subsidiary of Astral Resources. In return, Estrella will receive 2...

Estrella Resources Sets AGM Date and Director Nomination Deadline

Oct 1, 2026

Estrella Resources has scheduled its Annual General Meeting for 26 November 2026 in compliance with ASX listing requirements, with shareholders expected to consider standard corporate matters including board composition. The company has set 15 Octobe...

Estrella Resources Files Updated Corporate Governance Statement with ASX

Sep 30, 2026

Estrella Resources Limited has lodged its corporate governance statement for the year ended 30 June 2026 with the ASX and made it available via its website, confirming board approval as at 30 September 2026. The filing complies with ASX Listing Rules...

Estrella Director Shifts Holdings from Options to Ordinary Shares

Sep 18, 2026

Estrella Resources Limited has reported a change in the indirect holdings of director Les Pereira, held through Nannook Holdings Pty Ltd . The adjustment involves the acquisition of 650,000 fully paid ordinary shares and the disposal of 650,000 liste...

Estrella Resources Issues New Shares and Confirms Regulatory Compliance

Sep 16, 2026

Estrella Resources has issued 5,005,537 fully paid ordinary shares on 16 September 2026, expanding its equity base on the ASX. The company has confirmed that the shares were issued without a prospectus under section 708A of the Corporations Act, whil...

Estrella Resources Issues New Shares to Consultant Under Incentive Plan

Sep 16, 2026

Estrella Resources Limited has applied for quotation on the ASX of 2,150,537 new ordinary fully paid shares. These securities have been issued to a consultant as payment for services provided under the company’s Employee and Service Incentive P...

Estrella Resources Seeks ASX Quotation for 2.86 Million New Shares

Sep 16, 2026

Estrella Resources Limited has applied to the ASX for quotation of 2,855,000 new ordinary fully paid shares, to be issued on 16 September 2026. The additional securities, arising from the exercise of options or conversion of other instruments, will m...

Estrella expands Timor-Leste footprint and wins first manganese export nod

Sep 16, 2026

Estrella Resources has secured two new 50 sq km exploration and evaluation licences in Timor-Leste, expanding its tenure into the Lolotoi Complex and Manamas Volcanics, which are considered highly prospective for copper and gold. The expansion consol...

Estrella Resources Updates Market on Director’s Increased Option Holdings

Sep 10, 2026

Estrella Resources has disclosed a change in director Les Pereira’s indirect interest in the company’s securities, lodged under ASX listing rule 3.19A.2. The change arises from Nannook Holdings Pty Ltd acquiring 650,000 listed options in...

Estrella Resources Issues New Shares and Affirms Disclosure Compliance

Sep 8, 2026

Estrella Resources Limited has issued 3,230,477 new fully paid ordinary shares on 8 September 2026, expanding its share capital on the ASX. The issuance was conducted without a prospectus under the Corporations Act’s disclosure exemptions, refl...

Estrella Resources Expands ASX-Quoted Share Capital

Sep 8, 2026

Estrella Resources Limited, an Australian mineral exploration and development company listed on the ASX under ticker ESR, operates in the mining and resources sector. Investors gain exposure to the company through ordinary fully paid shares quoted on...

Estrella Resources Issues 10.8 Million New Shares Under Compliance Notice

Aug 26, 2026

Estrella Resources Limited has issued 10,810,251 fully paid ordinary shares, expanding its share capital base while keeping the new securities on the same ASX listing as its existing stock. The company stated that the shares were issued without a pro...

Estrella Resources Seeks ASX Quotation for 10.8 Million New Shares

Aug 26, 2026

Estrella Resources Limited has applied for quotation on the ASX of 10,810,251 new ordinary fully paid shares under the code ESR. The new securities, issued on 26 August 2026 following the exercise or conversion of existing instruments, increase the c...

Estrella Resources Denies Undisclosed News Behind Share Price Volatility

Aug 26, 2026

Estrella Resources has responded to an ASX price query, stating it is not aware of any undisclosed information that could explain recent volatility in its share trading. The company highlighted ongoing exploration work in Timor-Leste and confirmed th...

Estrella Resources Flags Porphyry-Style Copper Potential at Laleno Dome

Aug 26, 2026

Estrella Resources has reported multiple new copper occurrences along a 12-kilometre section of the Laleno Dome margin, reinforcing its view that the area may host a district-scale porphyry mineralising event. The mineralisation was identified at sit...

Estrella Resources Seeks Trading Halt Ahead of Exploration Update

Aug 25, 2026

Estrella Resources has requested and received a trading halt on its ASX-listed securities, with the suspension to remain in place until it issues a new market announcement or normal trading resumes on 27 August 2026. The halt follows an ASX Price Que...

Estrella Targets Deep Mineralisation at Timor-Leste’s Ira Miri Project After UAV Survey

Aug 12, 2026

Estrella Resources has reported encouraging results from a Mobile Magneto-Telluric drone survey over its Ira Miri manganese project in Timor-Leste, identifying multiple high-conductivity anomalies, including plume-like features linked to the Laleno D...

Estrella Resources Updates Director Les Pereira’s Equity Holdings

Jul 30, 2026

Estrella Resources Limited has reported a change in director Les Pereira’s relevant interests in the company’s securities, as disclosed to the ASX under listing rule requirements. The update details adjustments to his indirect holdings vi...

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 03, 2026