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Flynn Gold Ltd.
(Sydney:FG1)
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Rating:40Underperform
Price Target:
AU$0.01
▼(-40.00% Downside)
Action:Downgraded
Date:10/04/26
The score is primarily constrained by weak financial performance (minimal revenue, recurring losses, and ongoing cash burn) alongside deteriorating equity despite low debt. Technical indicators also point to a clear downtrend (below major moving averages with negative MACD). Valuation is difficult to support with a negative P/E and no dividend yield provided.
Positive Factors
Very low leverage
The absence of material debt limits interest and refinancing pressure while preserving financial flexibility for exploration decisions. Although the company is loss-making, a lightly leveraged balance sheet is better positioned to withstand operating volatility than one carrying substantial debt obligations.
Negative Factors
No established operating revenue
The absence of dependable operating revenue leaves Flynn Gold without recurring mine or refined-metal cash inflows to fund exploration. Revenue falling back to zero reinforces that monetisation remains prospective, making financial progress dependent on discoveries or other project transactions.
Read all positive and negative factors
Positive Factors
Negative Factors
Very low leverage
The absence of material debt limits interest and refinancing pressure while preserving financial flexibility for exploration decisions. Although the company is loss-making, a lightly leveraged balance sheet is better positioned to withstand operating volatility than one carrying substantial debt obligations.
Read all positive factors
Flynn Gold Ltd. (FG1) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$7.91M
Dividend YieldN/A
Average Volume (3M)457.57K
Price to Earnings (P/E)―
Beta (1Y)1.35
Revenue GrowthN/A
EPS Growth41.73%
CountryAU
Employees7
SectorBasic Materials
Sector Strength58
IndustryGold
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding608,655,300
10 Day Avg. Volume889,618
30 Day Avg. Volume457,566
Financial Highlights & Ratios
PEG Ratio0.05
Price to Book (P/B)9.18
Price to Sales (P/S)0.00
P/FCF Ratio-2.15
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
Flynn Gold Ltd. Business Overview & Revenue Model
Company Description
Flynn Gold Limited is an Australian enterprise primarily engaged in the exploration for gold deposits across the country. Its portfolio of projects includes the Mt Dove and Shay Gap sites, comprising six exploration licenses and applications that ...
How the Company Makes Money
Flynn Gold Ltd. does not have publicly available evidence of operating revenue from producing mines or the sale of refined metals; accordingly, its business model is primarily that of a pre-production exploration company. It typically funds its ac...
Flynn Gold Ltd. Financial Statement Overview
Summary
Income Statement
8
Very Negative
Balance Sheet
52
Neutral
Cash Flow
12
Very Negative
| Breakdown | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 85.11K | 2.49K | 0.00 | 0.00 |
| Gross Profit | -22.00K | 85.11K | 2.49K | -34.90K | -30.61K |
| EBITDA | -5.06M | -4.01M | -4.85M | -5.52M | -3.78M |
| Net Income | -4.31M | -4.04M | -4.91M | -5.56M | -3.87M |
Balance Sheet | |||||
| Total Assets | 1.81M | 1.61M | 3.41M | 4.20M | 5.64M |
| Cash, Cash Equivalents and Short-Term Investments | 1.11M | 1.21M | 2.96M | 3.76M | 5.36M |
| Total Debt | 0.00 | 3.89K | 26.50K | 41.34K | 52.65K |
| Total Liabilities | 741.56K | 762.33K | 904.37K | 760.30K | 739.25K |
| Stockholders Equity | 1.07M | 846.69K | 2.50M | 3.44M | 4.90M |
Cash Flow | |||||
| Free Cash Flow | -4.56M | -4.09M | -4.64M | -5.05M | -3.96M |
| Operating Cash Flow | -4.55M | -4.08M | -4.63M | -4.99M | -3.95M |
| Investing Cash Flow | -24.16K | -15.37K | -22.04K | -64.05K | -6.34K |
| Financing Cash Flow | 4.48M | 2.35M | 3.85M | 3.46M | -23.07K |
Flynn Gold Ltd. Technical Analysis
Negative
0.02
Price Trends
0.02
Negative
0.02
Negative
0.02
Negative
Market Momentum
>-0.01
Positive
0.10
Positive
66.67
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:FG1, the sentiment is Negative. The current price of 0.02 is above the 20-day moving average (MA) of 0.02, above the 50-day MA of 0.02, and below the 200-day MA of 0.02, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 0.10 is Positive, neither overbought nor oversold. The STOCH value of 66.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:FG1.
Flynn Gold Ltd. Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
50 Neutral | AU$12.64M | 28.00 | -5.72% | 7.14% | ― | ― | |
46 Neutral | AU$8.22M | -14.74 | -3.57% | ― | ― | -132.20% | |
45 Neutral | AU$11.27M | -4.62 | -9.75% | ― | ― | 32.76% | |
44 Neutral | AU$13.31M | -1.74 | -108.20% | ― | ― | -18.97% | |
44 Neutral | AU$14.82M | -4.13 | -55.21% | ― | -100.00% | -8.36% | |
40 Underperform | AU$7.91M | -1.60 | -201.09% | ― | ― | 41.73% |
* Basic Materials Sector Average
AU:FG1
Flynn Gold Ltd.
0.01
-0.01
-43.48%
AU:BNR
Bulletin Resources Limited
0.03
-0.03
-48.15%
AU:RMX
Red Mountain Mining Ltd
0.01
-0.02
-60.00%
AU:SNG
Siren Gold Ltd
0.04
-0.07
-63.48%
AU:KAL
Kalgoorlie Gold Mining Limited
0.02
-0.04
-68.97%
AU:PGD
Peregrine Gold Ltd.
0.15
-0.16
-51.61%
Flynn Gold Ltd. Corporate Events
Flynn Gold Updates Details on Renounceable Share Offer
Sep 29, 2026
Flynn Gold Ltd. has lodged an updated notice with the ASX regarding a proposed renounceable pro rata issue of securities. The latest filing provides additional information on the capital raising structure, specifically naming a sub-underwriter to ...
Flynn Gold Plans Share and Option Placement to Strengthen Exploration Funding
Sep 29, 2026
Flynn Gold Ltd., an ASX-listed mineral exploration company, has notified the market of a proposed securities issue as part of a placement. The move underscores the company’s continued reliance on equity capital to advance its portfolio of go...
Flynn Gold Starts Trading Rights for Renounceable Issue on ASX
Sep 28, 2026
Flynn Gold Ltd. has commenced trading of rights associated with its recently announced renounceable rights issue on the ASX under the code FG1R. The rights began trading on 29 September 2026 and are scheduled to cease trading on 9 October 2026, pr...
Flynn Gold Launches Partially Underwritten Rights Issue to Raise Up to $3.04 Million
Sep 25, 2026
Flynn Gold Ltd., an ASX-listed gold exploration company headquartered in Melbourne, focuses on early-stage mineral projects that carry a high level of investment risk. The business targets resource-sector investors willing to accept speculative ex...
Flynn Gold lodges updated ASX corporate governance statement
Sep 24, 2026
Flynn Gold Ltd has lodged its corporate governance statement for the year ended 30 June 2026, confirming that it is available on the company’s website and current as of 24 September 2026. The filing, accompanied by an Appendix 4G key, outlin...
Flynn Gold Releases Comprehensive 2026 Annual Report
Sep 24, 2026
Flynn Gold Ltd. has released its annual report for the year ended 30 June 2026, outlining its corporate governance, operational review, and financial performance. The report provides shareholders and stakeholders with a consolidated view of profit...
Flynn Gold Updates Timetable and Quotation Plans for Pro Rata Offer
Sep 23, 2026
Flynn Gold Ltd has updated its proposed renounceable pro rata securities issue, lodging an amended Appendix 3B with the ASX. The update primarily alters the timetable for the offer and confirms that quotation will be sought for the attaching secur...
Flynn Gold Launches Renounceable Pro Rata Securities Offer
Sep 21, 2026
Flynn Gold Limited has announced a proposed pro rata renounceable issue of new securities to its existing shareholders. The offer comprises up to 202,885,099 new ordinary fully paid shares and 101,442,549 options exercisable at $0.03, with key dat...
Flynn Gold Trading Reinstated Ahead of Capital Raising Announcement
Sep 21, 2026
Trading in Flynn Gold Ltd. securities on the ASX is set to resume immediately following the release of an announcement regarding a capital raising. The move marks a key step in restoring liquidity for shareholders, with the pending capital raising...
Flynn Gold Launches A$3m Rights Issue to Advance Tasmanian Projects
Sep 21, 2026
Flynn Gold Ltd. has announced a one-for-three renounceable rights issue priced at A$0.015 per share to raise up to A$3 million, partially underwritten to A$1.5 million by Mahe Capital. The offer includes one free attaching option for every two new...
Flynn Gold Seeks Voluntary Suspension Ahead of Capital Raising Announcement
Sep 17, 2026
Flynn Gold Ltd., an ASX-listed resources company trading under the ticker FG1, has its ordinary shares and related securities quoted on the Australian Securities Exchange. Operating from Melbourne, the company is subject to ASX Listing Rules and c...
Flynn Gold halts ASX trading ahead of capital raising announcement
Sep 14, 2026
Flynn Gold has requested and received a trading halt on its securities on the ASX as it prepares a market announcement related to a planned capital raising. The halt covers both FG1 shares and FG1O securities and is intended to help the company ma...
Flynn Gold outlines Tasmanian exploration portfolio in investor update
Sep 10, 2026
Flynn Gold Ltd. has released an investor presentation dated 10 September 2026 outlining its current exploration activities in Tasmania, with an emphasis on advanced gold and critical minerals projects. The document is positioned as general, summar...
Flynn Gold Confirms Multiple Polymetallic Zones at Tasmania’s Firetower Project
Aug 28, 2026
Flynn Gold reported new assay results from its 2026 diamond drilling program at the Firetower Project in northern Tasmania, confirming multiple zones of polymetallic mineralisation containing gold, tungsten, copper and cobalt. The latest results i...
Flynn Gold launches resource drilling push at Brilliant prospect in Tasmania
Aug 9, 2026
Flynn Gold will commence a 21-hole, 2,500m resource definition drilling program at the Brilliant prospect within its Golden Ridge Project in northeast Tasmania, marking the first drilling there since 2022. The program aims to infill and extend kno...
Flynn Gold signs ore deal to pave potential low-capex path to Tasmanian production
Aug 5, 2026
Flynn Gold Ltd. is an Australian gold exploration company focused on advancing its Tasmanian gold assets, particularly the Golden Ridge Project in the state’s northeast. The ASX-listed group aims to use existing regional processing capacity ...
Flynn Gold sharpens Tasmanian focus as drilling boosts high-grade discoveries
Jul 31, 2026
Flynn Gold has launched a new phase of exploration at its Golden Ridge Gold Project in Tasmania, targeting extensions of high-grade mineralisation around the Brilliant and Trafalgar deposits and securing a mining lease over the key 3km contact zon...
Flynn Gold launches project-wide geophysical review at Tasmania’s Firetower project
Jul 29, 2026
Flynn Gold has engaged geophysical consultants Resource Potentials to undertake a project-wide reinterpretation of historical survey data at its 100%-owned Firetower gold-tungsten-copper project in northern Tasmania. The study will apply modern pr...
Flynn Gold outlines Tasmanian exploration strategy and reporting framework
Jul 23, 2026
Flynn Gold has released an investor presentation dated 23 July 2026 outlining its ongoing exploration activities in Tasmania, with an emphasis on high-grade gold and critical minerals. The document reiterates that the presentation is informational...
Flynn Gold Secures Key Mining Lease at Golden Ridge in Tasmania
Jul 21, 2026
Flynn Gold has lodged and secured registration for Mining Lease Application 6M/2026 over part of its Golden Ridge Project in northeast Tasmania, covering the Brilliant and Trafalgar gold deposits and a three-kilometre stretch of highly prospective...
Flynn Gold Corrects Firetower Tungsten Intercept, Affirms Project Significance
Jul 15, 2026
Flynn Gold Ltd., an ASX-listed mineral exploration company, concentrates on gold and polymetallic targets such as tungsten and cobalt, notably at its Firetower Project in Tasmania. With a modest market capitalisation, no debt and an interactive in...
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.