First AU Ltd. AI Stock Analysis
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First AU Ltd. (FAU) AI Stock Analysis
First AU Ltd.
(ASX:FAU)
The score is held down primarily by weak financial performance—persistent losses, negative gross profitability, and ongoing operating cash burn—despite a low-debt balance sheet. Technical signals also remain bearish with the price below key moving averages and negative MACD. Valuation is not compelling on the provided metrics due to a negative P/E and no indicated dividend yield.
First AU Ltd. (FAU) vs. iShares MSCI Australia ETF (EWA)
- Market Cap
- AUD 31.05M
- Dividend Yield
- ―
- Average Volume (3M)
- 397.51K
- Price to Earnings (P/E)
- -5.1
- Beta (1Y)
- -1.12
- Revenue Growth
- 133.33%
- EPS Growth
- -321.05%
- Country
- Australia
- Employees
- 1
- Sector
- Basic Materials
- Sector Strength
- 61
- Industry
- Other Precious Metals
First AU Ltd. Business Overview & Revenue Model
Company Description
First Au Limited is an exploration company primarily focused on gold and base metals across Western Australia's Goldfields and Pilbara regions. The firm maintains complete ownership (100% interest) of several key ventures, including the Gimlet gold p...
First AU Ltd. Financial Statement Overview
Summary
Revenue recently surged (2025 up ~139% vs. 2024), but profitability remains weak with negative gross profit in 2024–2025 and persistent net losses that widened in 2025. Cash flow quality is a major drag: operating cash flow is consistently negative and 2025 still shows meaningful cash burn (~-1.48M) despite free cash flow at 0. A key offset is a conservatively levered balance sheet with minimal debt and sizable equity, providing some financial flexibility.
Income Statement
18Very NegativeBalance Sheet
64PositiveCash Flow
22Negative| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 378.67K | 500.00K | 69.69K | 17.86K | 260.62K | 81.69K |
| Gross Profit | -1.76M | -1.88M | -4,709 | 290.28K | 260.62K | 74.33K |
| EBITDA | -3.30M | -2.42M | -973.90K | -1.83M | -4.01M | -3.87M |
| Net Income | -3.95M | -2.42M | -978.61K | -1.84M | -3.75M | -3.88M |
Balance Sheet | ||||||
| Total Assets | 11.17M | 3.14M | 2.35M | 2.78M | 2.82M | 5.48M |
| Cash, Cash Equivalents and Short-Term Investments | 4.27M | 371.07K | 469.85K | 737.94K | 297.24K | 2.94M |
| Total Debt | 0 | 17.99K | 9,150 | 13.85K | 32.92K | 26.90K |
| Total Liabilities | 3.32M | 333.42K | 158.96K | 211.81K | 204.63K | 270.15K |
| Stockholders Equity | 7.85M | 2.81M | 2.19M | 2.57M | 2.62M | 5.21M |
Cash Flow | ||||||
| Free Cash Flow | -721.10K | -1.48M | -933.59K | -1.56M | -3.28M | -3.95M |
| Operating Cash Flow | -1.96M | -1.48M | -933.59K | -1.54M | -3.21M | -3.90M |
| Investing Cash Flow | -459.25K | -210.00K | 196.23K | 367.00K | -65.00K | -57.67K |
| Financing Cash Flow | 6.23M | 1.38M | 599.84K | 1.69M | 842.07K | 5.37M |
First AU Ltd. Peers Comparison
Overall Rating
AU:AAU55Neutral
AU:ZAG54Neutral
AU:KNB44Neutral
AU:FAU44Neutral
AU:PRX42Neutral
AU:NXM37Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| Sector * | 61Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% |
| 55Neutral | AUD 18.88M | 5.64 | 3.21% | ― | ― | ― | |
| 54Neutral | AUD 28.08M | 0.53 | 79.65% | ― | ― | ― | |
| 44Neutral | AUD 25.90M | -4.38 | -31.63% | ― | ― | -58.33% | |
| 44Neutral | AUD 31.99M | -5.13 | -74.10% | ― | 133.33% | -321.05% | |
| 42Neutral | AUD 23.77M | -3.56 | -58.95% | ― | ― | 40.91% | |
| 37Underperform | AUD 27.52M | -3.61 | -84.88% | ― | -100.00% | 10.00% |
* Basic Materials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| AU:FAU | First AU Ltd. | 0.17 | -0.05 | -22.73% | |
| AU:PRX | Prodigy Gold NL | 0.05 | -0.02 | -27.69% | |
| AU:AAU | Antilles Gold Ltd | 0.01 | 0.00 | 0.00% | |
| AU:NXM | Nexus Minerals Ltd. | 0.04 | -0.04 | -48.68% | |
| AU:ZAG | Zuleika Gold Limited | 0.03 | -0.02 | -42.55% | |
| AU:KNB | Koonenberry Gold Limited | 0.02 | -0.02 | -47.50% |
First AU Ltd. Corporate Events
First Au acquires Ida Valley gold project to fast-track maiden resource
First Au Ltd. has signed a binding agreement to acquire the Ida Valley Project from TechGen Metals, securing two exploration licences in Western Australia’s emerging Ida Fault gold district. The deal is structured with an exclusivity fee of A$100,000...
First Au Agrees to Acquire TechGen’s Ida Valley Gold Project
TechGen Metals has agreed to divest 100% of its interest in the Ida Valley Gold Project in Western Australia to First Au Limited, in a deal that underscores FAU’s drive to consolidate gold exploration assets. The transaction consideration includes A$...
First AU Plans Modest Share Placement to Fund Exploration
First AU Ltd., an Australian Securities Exchange-listed resources exploration company under ticker FAU, continues to fund its mineral project portfolio through equity market transactions. The junior explorer depends on new share issues to sustain exp...
First Au launches maiden drilling at historic First Hit gold mine
First Au has begun a maiden reverse circulation drilling campaign at the historic First Hit gold mine within its Riverina East Gold Project in Western Australia’s Eastern Goldfields. The mine, which previously produced about 30,000 ounces of gold at...
First Au completes 20-for-1 capital consolidation and resets equity structure
First Au Limited has completed a 20-for-1 consolidation of its issued capital, covering all quoted and unquoted securities, following shareholder approval at a recent general meeting. The move results in a streamlined capital structure comprising 188...
First Au expands Eastern Goldfields footprint with Lady Jane acquisition
First Au Ltd. has agreed to acquire the Lady Jane Gold Project from Dynamic Metals, adding six exploration licences in the Ora Banda district to its Riverina East tenure. The ground is located near Ora Banda Mining’s Davyhurst operations and sits wit...
Dynamic Metals Sells Lady Jane Gold Project to First Au, Retains Royalty Upside
Dynamic Metals Limited has agreed to sell its 100%-owned Lady Jane Gold Project in the Ora Banda district of Western Australia to First Au Limited. The project consists of six granted exploration licences and is considered non-core to Dynamic’s portf...
First Au shareholders back capital consolidation and prior Viking securities issues
First Au Limited has reported that all resolutions put to shareholders at its 23 September general meeting were approved by poll, including ratifications related to prior issues of Viking consideration securities. The resolutions also covered governa...
First AU Plans Major Capital Raise Through Shares, Options and Performance Rights
First AU Ltd. has lodged a proposed securities issue with the ASX, outlining a substantial placement of ordinary fully paid shares alongside multiple new classes of options and performance rights. The planned issuance, slated for November 18, 2026, i...
First AU Moves to Acquire Javelin Minerals in All‑Scrip Gold Fields Merger
First AU has entered into a binding agreement to acquire Javelin Minerals in an all-scrip, off-market takeover that would consolidate their respective brownfields gold projects in the Eastern Goldfields near Kalgoorlie. The combination would unite th...
First Au shares halted pending potential change-of-control deal
First Au Limited has requested a trading halt on its securities on the Australian Securities Exchange, effective immediately, pending the release of an announcement linked to a potential change of control transaction. The halt will remain in place un...
First Au Limited Releases 30 June 2026 Interim Financial Report
First Au Limited has released its interim report for the half-year ended 30 June 2026, intended to be read in conjunction with the annual report for the year ended 31 December 2025. The document includes a corporate directory, review of operations, a...
First Au Strikes Ore Deal With Forrestania to Process Gimlet Gold
First Au Ltd. has entered into an Ore Purchase Agreement with Forrestania Resources to create a processing and monetisation pathway for suitable gold ore from its Gimlet Project. The deal enables First Au to access established gold processing infrast...
First AU plans new share issue to bolster capital base
First AU Limited plans to issue up to 4,651,163 ordinary fully paid shares in a proposed placement or similar capital-raising transaction on the Australian Securities Exchange. The new securities, expected to be issued on 27 November 2026, will expan...
First Au moves on Sandstone Gold Project in WA greenstone belt
First Au Ltd has struck a binding deal to acquire the Sandstone Gold Project in Western Australia’s established Sandstone gold district, securing five tenements that span parts of the Mayard and Crook Well greenstone belts. The package includes appro...
First Au moves to digital notices ahead of September shareholder meeting
First Au Limited, an ASX-listed company, is reinforcing its digital-first approach to shareholder communications by making its Notice of General Meeting available online and via email to investors who have opted for electronic communications. The com...
First AU Restructures Capital with Consolidation of Shares and Options
First AU Limited has announced a consolidation of its capital structure affecting its ordinary fully paid shares, several series of listed options, and outstanding performance rights. The reorganisation covers multiple option classes with expiries ra...
First Au Uncovers New High-Grade Gold Target Near Paddington Mill
First Au Ltd. has released an amended announcement detailing initial high-grade gold assay results from fieldwork on two of its 20 newly acquired Kalgoorlie tenements in Western Australia. The company reported rock samples grading up to 4.93g/t and 3...
First Au to Tighten Capital Structure with 20-for-1 Share Consolidation
First Au Limited plans to consolidate its capital on a 20-for-1 basis across all shares, options and performance rights, aiming to create a more streamlined capital structure and a share price profile it views as better suited to its size and develop...
First Au boosts WA gold portfolio with Riverina East acquisition and Gimlet upgrade
First Au Ltd. has accelerated its expansion in Western Australia’s gold sector by agreeing to acquire the Riverina East Gold Project from Viking Mines, adding 11 mineral licences and an exploration licence application in the Kalgoorlie region. The pa...
First AU issues new shares as it pursues Western Australian gold refocus
First AU Ltd has issued and allotted 127,552,699 fully paid ordinary shares and has lodged a cleansing notice confirming that these securities qualify for secondary trading exemptions under section 708A(5) of the Corporations Act. The company states...
First AU issues 357 million unquoted performance rights
First AU Ltd. has notified the market of the issue of 357,147,557 unquoted performance rights, with the new class of securities to be confirmed and an issue date of July 24, 2026. The performance rights are not quoted and are not intended to be quote...
First AU seeks ASX quotation for 127.6 million new shares
First AU Ltd. has applied for quotation on the ASX of 127,552,699 ordinary fully paid shares under code FAU, with an issue date of July 24, 2026. The new securities form part of a previously announced transaction, expanding the company’s listed share...
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 01, 2026
