Want to see AU:EXR full AI Analyst Report?
Top Page
Elixir Energy Limited
(Sydney:EXR)
Select Model
Select Model
Rating:44Neutral
Price Target:
AU$0.06
â–˛(26.00% Upside)
Action:Reiterated
Date:09/06/26
The score is held down primarily by weak financial performance—minimal recurring revenue, ongoing losses, and persistent negative operating/free cash flow—indicating continued funding reliance. Technicals are mixed (short-term improvement but longer-term downtrend with negative MACD), while valuation metrics offer limited support due to negative earnings and no dividend data.
Positive Factors
Moderate leverage and equity base
Moderate leverage and a sizable equity base provide Elixir Energy with comparatively supportive financial structure for an exploration-stage company. This may help fund appraisal and development work while reducing immediate balance-sheet pressure, although future execution remains important.
Negative Factors
Minimal recurring revenue and ongoing losses
Minimal recurring revenue means the company has not yet demonstrated a stable operating earnings base. Persistent losses leave results dependent on exploration progress and eventual project monetisation, making financial performance vulnerable if commercial development takes longer than expected.
Read all positive and negative factors
Positive Factors
Negative Factors
Moderate leverage and equity base
Moderate leverage and a sizable equity base provide Elixir Energy with comparatively supportive financial structure for an exploration-stage company. This may help fund appraisal and development work while reducing immediate balance-sheet pressure, although future execution remains important.
Read all positive factors
Elixir Energy Limited (EXR) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$129.82M
Dividend YieldN/A
Average Volume (3M)9.21M
Price to Earnings (P/E)―
Beta (1Y)1.42
Revenue GrowthN/A
EPS Growth93.01%
CountryAU
Employees3
SectorEnergy
Sector Strength52
IndustryOil & Gas Exploration & Production
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding1,997,300,300
10 Day Avg. Volume6,667,654
30 Day Avg. Volume9,206,627
Financial Highlights & Ratios
PEG Ratio0.64
Price to Book (P/B)4.87
Price to Sales (P/S)0.00
P/FCF Ratio-75.22
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$0.20Price Target Upside300.00% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)N/A
Revenue Forecast (FY)AU$6.25M
Elixir Energy Limited Business Overview & Revenue Model
Company Description
Elixir Energy Limited is an explorer and developer of natural gas and hydrogen resources, with operations spanning Australia, Mongolia, and the United States. A cornerstone asset is its wholly-owned Nomgon project, an expansive coal-bed methane pr...
How the Company Makes Money
Elixir Energy’s primary pathway to making money is through monetising upstream natural gas assets as they move from exploration into development and production. However, publicly available information does not provide sufficient detail to state sp...
Elixir Energy Limited 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 | 0.00 | 1.67M | 0.00 | 0.00 |
| Gross Profit | -4.00K | -23.33K | 1.00M | -24.87K | -8.39K |
| EBITDA | -3.87M | -2.67M | -1.37M | -3.26M | -2.44M |
| Net Income | -3.66M | -41.21M | -1.59M | -2.94M | -1.98M |
Balance Sheet | |||||
| Total Assets | 59.38M | 28.80M | 62.34M | 43.33M | 44.13M |
| Cash, Cash Equivalents and Short-Term Investments | 8.37M | 6.58M | 7.67M | 9.56M | 22.68M |
| Total Debt | 7.28M | 0.00 | 6.35M | 46.96K | 66.51K |
| Total Liabilities | 15.42M | 639.52K | 8.80M | 497.07K | 2.03M |
| Stockholders Equity | 43.96M | 28.16M | 53.54M | 42.84M | 42.09M |
Cash Flow | |||||
| Free Cash Flow | -2.84M | -6.97M | -23.19M | -13.19M | -9.73M |
| Operating Cash Flow | -2.83M | -2.44M | -1.36M | -1.73M | -1.60M |
| Investing Cash Flow | -18.62M | -4.38M | -21.15M | -11.46M | -8.12M |
| Financing Cash Flow | 23.25M | 5.73M | 20.64M | -11.01K | 9.72M |
Elixir Energy Limited Technical Analysis
Neutral
0.05
Price Trends
0.08
Negative
0.10
Negative
0.09
Negative
Market Momentum
>-0.01
Negative
56.63
Neutral
80.97
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:EXR, the sentiment is Neutral. The current price of 0.05 is above the 20-day moving average (MA) of 0.05, below the 50-day MA of 0.08, and below the 200-day MA of 0.09, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 56.63 is Neutral, neither overbought nor oversold. The STOCH value of 80.97 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for AU:EXR.
Elixir Energy Limited Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
76 Outperform | AU$77.35M | 17.74 | 7.48% | 4.35% | -8.38% | -31.11% | |
67 Neutral | AU$80.62M | 5.75 | 14.63% | 2.69% | -45.07% | 297.79% | |
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
56 Neutral | AU$47.42M | 10.86 | 11.28% | ― | 29.92% | 6000.00% | |
51 Neutral | AU$151.11M | -31.03 | -4.27% | ― | ― | -16.67% | |
47 Neutral | AU$65.03M | -14.14 | -5.81% | ― | ― | 34.09% | |
44 Neutral | AU$129.82M | -32.50 | -8.65% | ― | ― | 93.01% |
* Energy Sector Average
AU:EXR
Elixir Energy Limited
0.07
0.03
62.50%
AU:COI
Comet Ridge Ltd
0.09
-0.03
-25.00%
AU:CUE
Cue Energy Resources Limited
0.11
>-0.01
-1.79%
AU:ECH
New Zealand Oil & Gas Limited
0.36
<0.01
1.98%
AU:CTP
Central Petroleum Limited
0.06
<0.01
3.28%
AU:KKO
Kinetiko Energy Ltd.
0.04
-0.04
-48.10%
Elixir Energy Limited Corporate Events
Elixir advances Warkon gas pilot with APA pipeline study and plant design
Sep 1, 2026
Elixir Energy has advanced feasibility and concept select work for its Warkon Pilot, a gas and condensate production project in the northern Taroom Trough, aimed at defining a pathway from appraisal to commercial production. The company is working...
Elixir Energy Updates ASX Corporate Governance Disclosures
Aug 28, 2026
Elixir Energy Limited has lodged its updated corporate governance statement for the financial year ended 30 June 2026, confirming that the document is current as at 28 August 2026 and approved by the board. The statement, hosted on the companyR...
Elixir Energy Details Governance Framework in 2026 Corporate Statement
Aug 28, 2026
Elixir Energy Limited is an ASX-listed energy explorer specialising in the appraisal of natural gas in Queensland’s Taroom Trough, with a stated commitment to integrity, safety, regional economic benefits and transparent engagement with shar...
Elixir Energy Releases 2026 Annual Report Table of Contents
Aug 28, 2026
Elixir Energy Limited has released its annual report for the year ended 30 June 2026, outlining the usual suite of governance, financial and audit materials, including the chairman’s letter, managing director’s report, directors’...
Elixir Energy Deepens Taroom Trough Seismic and Data Alliance with QGC
Aug 23, 2026
Elixir Energy has signed a second data sharing and ingress agreement with QGC, alongside Santos, to access 3D seismic coverage over the southern border of ATP2056 and an area around the Lorelle-3/3H well, including a matching polygon within QGC...
Elixir Energy Raises $5 Million via Share Placement Under Disclosure Exemption
Aug 20, 2026
Elixir Energy Limited has confirmed the placement of 125 million fully paid ordinary shares at $0.04 per share, raising $5 million before costs to support its ongoing activities. The company has issued these shares without a prospectus, relying on...
Elixir Energy to List 3.1 Million New Shares on ASX
Aug 20, 2026
Elixir Energy Limited has applied for quotation of 3,126,195 new ordinary fully paid shares on the ASX, dated 20 August 2026. The securities arise from the exercise or conversion of existing options or other convertible instruments, modestly expan...
Elixir Energy Appoints New Director With No Current Shareholdings
Aug 19, 2026
Elixir Energy Limited has appointed Ayten Saridas as a director effective 19 August 2026, formalising the change in its board composition under ASX listing rule disclosure requirements. The initial director’s interest notice confirms that Sa...
Elixir Energy Discloses Final Director Interest as Peter Stickland Departs Board
Aug 19, 2026
Elixir Energy Limited has announced that director Peter Stickland ceased to be a board member on 18 August 2026, with the company lodging a final director’s interest notice with the ASX. The filing confirms that Stickland holds no securities...
Elixir Energy refreshes board with new Omega nominee director
Aug 19, 2026
Elixir Energy Limited has announced a board change involving Omega Oil and Gas Limited’s nominee director, reflecting ongoing governance alignment with a key shareholder. The company reported the immediate resignation of Mr. Peter Stickland ...
Elixir Energy Issues Over 3.1 Million Unquoted Performance Rights Under Incentive Plan
Aug 14, 2026
Elixir Energy Limited has notified the market of the issuance of 3,126,195 unquoted performance rights under its employee incentive scheme. These securities, identified by the ASX code EXRAV, were issued on August 14, 2026, and are not intended to...
Elixir Energy Seeks Trading Halt Ahead of Potential Equity Raising
Aug 10, 2026
Elixir Energy Limited has requested a trading halt in its securities on the ASX from the start of trading on 10 August 2026, pending an announcement on a potential equity raising. The halt will remain in place until either the equity-raising annou...
Elixir Energy to Present Lorelle-3H Initial Results in Investor Webinar
Aug 3, 2026
Elixir Energy has scheduled a 30-minute webinar for 4 August 2026, during which Managing Director and CEO Stuart Nicholls will present the initial flow test results from the Lorelle-3H well. The session is aimed at providing shareholders and inves...
Elixir Energy’s Lorelle-3H Flow Test Confirms Taroom Trough Gas Potential
Aug 2, 2026
Elixir Energy has reported strong initial flow test results from its Lorelle-3H horizontal appraisal well in Queensland’s Taroom Trough, with peak gas rates of 10.4 mmscfd and associated condensate production from about 1,000 metres of reser...
Elixir Energy lifts Taroom Trough gas resources and advances Lorelle-3H testing
Jul 30, 2026
Elixir Energy has completed stimulation and clean-up operations at its Lorelle-3H appraisal well in ATP2056, recording peak flow rates of 3 mmscfd and confirming low-impurity gas and condensate with strong reservoir connectivity. The company also ...
Elixir Energy Reports Strong Early Flows at Lorelle-3H Appraisal Well
Jul 14, 2026
Elixir Energy has reported promising early flow test results from its Lorelle-3H horizontal appraisal well in Queensland’s Taroom Trough, with high stimulation fluid recovery and dual-phase production of gas and condensate indicating strong ...
Elixir Energy Completes Lorelle-3H Fracture Stimulation Ahead of 30-Day Flow Test
Jun 25, 2026
Elixir Energy has completed a 12-stage fracture stimulation program at its Lorelle-3H appraisal well in Queensland’s Taroom Trough, successfully placing all proppant within the target Tinowon ‘Dunk’ Sandstone gas‑condensate...
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.