Far East Gold Ltd AI Stock Analysis
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Far East Gold Ltd (FEG) AI Stock Analysis
Far East Gold Ltd
(ASX:FEG)
The overall score of 38 is critically low, driven primarily by the company's pre-revenue financial profile with zero income, widening losses, and continuous cash burn. The bearish technical trend, with the stock trading below all major moving averages and weak momentum, further confirms negative market sentiment. The only mitigating factor is a conservative balance sheet with minimal debt, but this is insufficient to offset the severe operational and market headwinds.
Far East Gold Ltd (FEG) vs. iShares MSCI Australia ETF (EWA)
- Market Cap
- AUD 41.29M
- Dividend Yield
- ―
- Average Volume (3M)
- 112.69K
- Price to Earnings (P/E)
- -4.5
- Beta (1Y)
- 0.69
- Revenue Growth
- ―
- EPS Growth
- -7.35%
- Country
- Australia
- Employees
- 35
- Sector
- Basic Materials
- Sector Strength
- 61
- Industry
- Other Precious Metals
Far East Gold Ltd Business Overview & Revenue Model
Company Description
Far East Gold Limited (FEG.AX) is an Australian enterprise focused on identifying, assessing, acquiring, and advancing mineral resource projects across Indonesia and Australia. The company's exploration efforts are concentrated on discovering valuabl...
Far East Gold Ltd Financial Statement Overview
Summary
Financial performance is extremely weak, typical of a pre-revenue explorer. The income statement scores 1/100 due to zero revenue and widening losses. Cash flow scores 10/100, reflecting deep cash burn and reliance on external financing. The balance sheet is the only relative strength at 55/100, with minimal debt and a solid equity base, but negative returns on equity persist. Overall, the company's financial health is entirely dependent on its ability to raise capital.
Income Statement
1Very NegativeBalance Sheet
55NeutralCash Flow
10Very Negative| Breakdown | TTM | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0 | 0 | 0 | 0 | 0 | 0 |
| Gross Profit | -80.01K | -80.01K | -86.60K | -78.27K | -66.61K | -41.73K |
| EBITDA | -4.92M | -2.40M | -6.42M | -1.45M | -2.70M | -3.38M |
| Net Income | -8.06M | -8.06M | -6.48M | -1.66M | -2.50M | -3.43M |
Balance Sheet | ||||||
| Total Assets | 54.57M | 54.57M | 46.63M | 33.26M | 30.97M | 25.39M |
| Cash, Cash Equivalents and Short-Term Investments | 1.90M | 1.90M | 10.94M | 1.09M | 3.93M | 9.10M |
| Total Debt | 40.42K | 40.42K | 76.20K | 116.95K | 119.78K | 71.52K |
| Total Liabilities | 1.09M | 1.09M | 698.67K | 1.72M | 2.37M | 305.32K |
| Stockholders Equity | 42.55M | 42.55M | 43.36M | 28.95M | 25.97M | 22.22M |
Cash Flow | ||||||
| Free Cash Flow | -1.91M | -1.91M | -4.62M | -9.11M | -11.23M | -4.75M |
| Operating Cash Flow | -1.90M | -1.90M | -4.61M | -2.19M | -1.32M | -3.02M |
| Investing Cash Flow | 400.68K | 400.68K | -11.46M | -6.93M | -9.91M | -1.73M |
| Financing Cash Flow | -42.42K | -42.42K | 18.43M | 6.26M | 6.06M | 11.10M |
Far East Gold Ltd Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:FEG, the sentiment is Negative. The current price of 0.10 is below the 20-day moving average (MA) of 0.11, below the 50-day MA of 0.12, and below the 200-day MA of 0.13, indicating a bearish trend. The MACD of -0.01 indicates Positive momentum. The RSI at 30.78 is Neutral, neither overbought nor oversold. The STOCH value of 9.98 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:FEG.
Far East Gold Ltd Peers Comparison
Overall Rating
AU:AGD56Neutral
AU:MM145Neutral
AU:G5040Underperform
AU:MTM40Underperform- AU:FEG38Underperform
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% |
| AU:AGD | 56Neutral | AUD 76.83M | 1.54 | 78.58% | ― | 157.71% | ― |
| AU:MM1 | 45Neutral | AUD 215.61M | -33.46 | -16.03% | ― | ― | -50.29% |
| AU:G50 | 40Underperform | AUD 78.50M | -19.21 | -18.77% | ― | ― | 50.30% |
| AU:MTM | 40Underperform | AUD 185.05M | -3.66 | -45.72% | ― | ― | 10.08% |
| AU:FEG | 38Underperform | AUD 41.29M | -4.52 | -20.06% | ― | ― | -7.35% |
* Basic Materials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| AU:FEG | Far East Gold Ltd | 0.10 | -0.05 | -31.72% | |
| AU:AGD | Austral Gold Limited | 0.12 | 0.02 | 16.16% | |
| AU:G50 | Gold 50 Ltd. | 0.32 | -0.28 | -47.50% | |
| AU:MTM | Mt Monger Resources Ltd. | 0.24 | -0.51 | -67.33% | |
| AU:MM1 | Midas Minerals Limited | 0.87 | 0.48 | 124.81% | |
| AU:MPK | Many Peaks Gold Ltd. | 1.14 | 0.47 | 70.15% |
Far East Gold Ltd Corporate Events
ASIC Extends Far East Gold AGM Deadline to March 2027
ASIC has granted Far East Gold an extension to hold its annual general meeting for the year ended 30 June 2026, moving the deadline from 30 November 2026 to 31 March 2027. The decision follows shareholder-led efforts to remove directors, including a...
Far East Gold Proposes 30 Million-Share Purchase Plan
Far East Gold Ltd announced a securities purchase plan proposing the issue of up to 30 million fully paid ordinary shares. The record date is 2 November 2026, the offer is scheduled to close on 20 November, and the shares are expected to be issued on...
Far East Gold Launches Discounted Share Purchase Plan
Far East Gold is a gold exploration and development company focused on mineral projects in Indonesia and Australia, including the Idenburg and Bengkulu gold projects. Its activities are aimed at advancing exploration and development across these mark...
Far East Gold Meeting Withdrawn After Director Removal Bid Ends
Far East Gold is an ASX-listed copper and gold exploration company with six advanced projects in Australia and Indonesia. Xingye Gold withdrew its notice convening a November 3 extraordinary meeting, ending plans for shareholders to vote on removing...
Far East Gold Strikes Indonesian Alliance to Advance Bengkulu Gold Project and Portfolio Funding
Far East Gold has signed a memorandum of understanding with Indonesian miner PT Puncakbaru Jayatama to pursue the potential acquisition, development and operation of the Bengkulu Gold Project. The agreement also seeks to leverage Bengkulu’s prospecti...
Far East Gold Reports Board Change With No Director Security Interests
Far East Gold Ltd has notified the ASX that director Monique Tang, also referenced as Herman De Groot, ceased to be a director on 21 October 2026. The company’s filing confirms that Tang held no relevant interests in Far East Gold securities, either...
Far East Gold Discloses Director Departure and Remaining Equity Interests
Far East Gold Ltd has announced the cessation of director Michael Robert Thirnbeck from the company’s board effective 21 October 2026, as disclosed in its Final Director’s Interest Notice to the ASX. Thirnbeck retains 1 million options and 250,000 pe...
Far East Gold Director Justin Hastings Steps Down With No Shareholding
Far East Gold Ltd has announced that director Justin Hastings ceased to be a member of the board on 21 October 2026. The company’s filing to the ASX confirms that Hastings held no relevant interests in Far East Gold securities or related contracts at...
Shareholders Oust Three Directors at Far East Gold Extraordinary Meeting
Far East Gold Ltd has announced that all three resolutions put to shareholders at an Extraordinary General Meeting held on 21 October 2026 were passed by poll, following a meeting convened at the request of investors holding about 5.5% of voting powe...
Far East Gold Rejects Xingye Claims on Finances and Project Status
Far East Gold has moved to correct what it says are inaccuracies in a shareholder communication circulated by Xingye Gold (Hong Kong) Mining Company concerning upcoming general meetings. The company says the Xingye document misrepresents its financia...
Far East Gold Trading Reinstated on ASX After Lodging Full-Year Accounts
Far East Gold Ltd has had the suspension of trading in its securities lifted by the ASX, with quotation to resume from the commencement of trading on Friday, 2 October 2026. The reinstatement follows the lodgement of the company’s full-year statutory...
Far East Gold Suspended from ASX for Late Periodic Report
Far East Gold Ltd has had its securities suspended from quotation on the ASX after failing to lodge a required periodic report by the exchange’s deadline. The suspension forms part of a broader action affecting multiple listed entities and will remai...
Far East Gold Publishes 2026 Annual Financial Report and Updates Corporate Directory
Far East Gold Ltd has released its financial report for the year ended 30 June 2026, underscoring its status as a listed gold exploration and development company on the Australian Securities Exchange. The report provides an updated corporate director...
Far East Gold faces dual shareholder meetings on board shake-up and control
Far East Gold Ltd has called an Extraordinary General Meeting for 21 October 2026 to vote on resolutions to remove directors Monique Tang, Justin Hastings and Michael Thirnbeck under Australian corporations law. The meeting follows a requisition from...
Far East Gold Faces Shareholder-Led Board Spill as Major Investor Conditions Future Funding
Far East Gold has disclosed that its largest shareholder, Xingye Gold (Hong Kong) Mining Company Limited, has issued a notice under section 249F of the Corporations Act to convene an extraordinary general meeting on 3 November 2026. The meeting will...
Far East Gold Faces Shareholder Bid to Oust Three Directors
Far East Gold Ltd has disclosed that two shareholders, who claim to collectively hold about 5.5% of the company’s voting power, have issued a formal notice seeking the removal of three directors, Monique Tang, Justin Hastings and Michael Thirnbeck, f...
Far East Gold Faces Proposed Board Clean-Out by Major Shareholder
Far East Gold Ltd has disclosed that it has received a formal notice under Section 203D of the Corporations Act from major shareholder Xingye Gold (Hong Kong) Mining Company Limited. The notice proposes the immediate removal of four current directors...
Far East Gold Advances High-Grade Idenburg Project With Scoping Study
Far East Gold has completed an independent scoping study for the Idenburg Gold Project’s Sua prospect in Papua, Indonesia, outlining conceptual development pathways based on near-surface, high-grade mineralisation and potential open-pit mining. The s...
Far East Gold Tightens Governance After Late Director Interest Disclosure
Far East Gold Ltd has responded to an ASX compliance query regarding the late lodgement of an Appendix 3Y notice for director Michael Thirnbeck, whose change in notifiable interest arose from accepting an off-market takeover bid by Xingye Gold (Hong...
Far East Gold director exits shareholding via takeover bid
Far East Gold Ltd has disclosed that director Michael Robert Thirnbeck has sold his entire holding of 173,234 fully paid ordinary shares in the company for consideration of $22,520.42. Following the disposal, Thirnbeck retains 1 million options and 2...
Far East Gold Confirms Close of Xingye Takeover Offer and Updated Ownership Structure
Far East Gold Ltd has confirmed the close of the off-market takeover offer from Xingye Gold (Hong Kong) Mining Company Limited, which ended at 7:00 p.m. Sydney time on 29 July 2026. In line with ASX requirements, the company has provided an updated d...
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: Nov 04, 2026