Fin Resources Limited (FIN) AI Stock Analysis

• Market Cap: AU$2.08M
• Dividend Yield: N/A
• Average Volume (3M): N/A
• Price to Earnings (P/E): ―
• Beta (1Y): 0.50
• Revenue Growth: N/A
• EPS Growth: 83.93%
• Country: AU
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): >-0.01
• Shares Outstanding: 694,888,400
• 10 Day Avg. Volume: N/A
• 30 Day Avg. Volume: N/A
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 25 Underperform
• Price Target: ―

Fin Resources Limited faces significant financial challenges with no revenue and persistent operational losses, which severely impact its stock score. The debt-free balance sheet provides some stability, but the lack of cash generation and revenue is critical. Additionally, the absence of technical indicators and a negative P/E ratio further contribute to a low stock score, making it a high-risk investment.

Fin Resources Limited Business Overview & Revenue Model

Company Description

Fin Resources Limited engages in the exploration and development of mineral properties in Western Australia. The company explore for gold, base metals, graphite, nickel, copper, and cobalt deposits. It holds 80% interests in the Sol Mar project comprising five exploration licenses covering an area of approximately 425 square kilometers; and the McKenzie Springs project that covers an area of approximately 82 square kilometers. The company was formerly known as Orca Energy Limited and changed its name to Fin Resources Limited in April 2018. Fin Resources Limited was incorporated in 1985 and is based in West Perth, Australia.

How the Company Makes Money

Fin Resources Limited makes money through the exploration and development of mineral projects, which may lead to the sale of mineral resources or interests in mining projects. The company generates revenue by selling its extracted minerals, primarily focusing on lithium and nickel, to industrial clients involved in manufacturing batteries and other energy storage solutions. Additionally, the company may form joint ventures or strategic partnerships with other mining firms, allowing it to share exploration and production costs while benefiting from a share of the revenue generated from resource sales. As projects progress, Fin Resources may also earn income through the sale of stakes in its projects to larger mining companies or investors seeking exposure to the resource sector.

Fin Resources Limited Financial Statement Overview

Summary

Fin Resources Limited's financial statements reveal significant challenges, with no revenue generation and persistent operational losses. While the company's debt-free balance sheet and equity position provide some stability, the inability to generate cash or revenue poses a critical risk to financial health and future operations.

Income Statement

The company has not generated any revenue over the past years, resulting in a gross profit margin and net profit margin of 0%. Consistently negative EBIT and EBITDA margins highlight ongoing operating losses without any revenue to offset expenses. The lack of revenue growth further emphasizes the absence of sales activity, indicating a challenging financial trajectory.

Balance Sheet

The company maintains a strong equity position with zero debt, evident in a debt-to-equity ratio of 0. However, declining stockholders' equity over time and the absence of total revenue are concerning. A relatively stable equity ratio reflects a solid asset base, but the lack of revenue generation and profit remains a significant weakness.

Cash Flow

Operating cash flow remains negative, leading to negative free cash flow, indicating that the company is not generating cash from its operations. The free cash flow growth rate is negative, and cash flow from investing and financing activities has not been sufficient to cover operating expenses, suggesting financial strain.

Breakdown	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00
Gross Profit	0.00	0.00	0.00	0.00	0.00
EBITDA	-866.00K	-2.72M	-4.11M	-629.00K	0.00
Net Income	-3.61M	-2.65M	-5.01M	-880.00K	-295.00K
Balance Sheet
Total Assets	3.42M	5.84M	7.31M	6.00M	4.24M
Cash, Cash Equivalents and Short-Term Investments	879.74K	2.27M	3.39M	5.04M	3.48M
Total Debt	0.00	0.00	0.00	0.00	0.00
Total Liabilities	738.04K	110.01K	67.94K	352.58K	30.76K
Stockholders Equity	2.68M	5.73M	7.24M	5.65M	4.20M
Cash Flow
Free Cash Flow	-1.84M	-1.64M	-2.84M	-917.98K	-327.02K
Operating Cash Flow	-608.26K	-574.71K	-1.15M	-473.80K	-270.99K
Investing Cash Flow	-1.23M	-1.07M	-1.69M	-444.19K	-56.03K
Financing Cash Flow	448.48K	517.36K	1.19M	2.48M	0.00

Fin Resources Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
HMX	48 Neutral	36.60M	7.45	―	―	―	―
AUZ	45 Neutral	39.83M	-16.92	―	―	―	74.51%
MTC	38 Underperform	54.40M	-19.44	―	―	―	-4.13%
GIB	35 Underperform	12.87M	-9.09	―	―	―	31.25%
FIN	25 Underperform	AU$2.08M	―	-24.22%	―	―	83.93%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%

Fin Resources Limited Corporate Events

Fin Resources Limited Reports Limited Activity Amid Market Challenges

Fin Resources Limited reported limited activity in its March 2025 quarterly report due to challenging commodity and financial market conditions. The company restricted its work to desktop studies and regulatory reporting for the Cancet West Lithium Project, with further fieldwork contingent on improved lithium prices. Similarly, limited work was conducted on the Ross Lithium and Uranium Project, reflecting the company’s cautious approach amid market uncertainties.

Fin Resources Limited Announces Director’s Interest Change

Fin Resources Limited has announced a change in the director’s interest, with Bruce McFadzean acquiring 4,500,000 ordinary shares and 5,000,000 unquoted options in the company. This acquisition, approved by shareholders, reflects a strategic move to align the director’s interests with the company’s growth objectives, potentially impacting the company’s market positioning and stakeholder confidence.

Fin Resources Limited Issues 20 Million Unquoted Options

Fin Resources Limited announced the issuance of 20,000,000 unquoted options as part of a previously announced transaction. This move could enhance the company’s capital structure and provide additional financial flexibility, potentially impacting its market positioning and offering new opportunities for stakeholders.

Fin Resources Limited Successfully Passes All Resolutions at General Meeting

Fin Resources Limited announced the successful passing of all resolutions at its recent General Meeting. These resolutions, which were approved by a significant majority, include the issuance of convertible notes and shares in lieu of cash for consulting and director fees, as well as the approval of options for consultants and related parties. This outcome is likely to enhance the company’s financial flexibility and align the interests of stakeholders, potentially strengthening its market position.

Fin Resources Limited Announces Upcoming General Meeting for Shareholders

Fin Resources Limited has announced a General Meeting for its shareholders, scheduled for April 17, 2025, in West Perth. Shareholders are encouraged to participate by attending in person, by proxy, or through an authorized representative. The company emphasizes the importance of lodging proxy forms in advance and submitting questions prior to the meeting to facilitate thorough preparation. The meeting’s outcome could influence shareholder interests and company operations, highlighting the significance of shareholder engagement.

Fin Resources Limited Releases Interim Financial Report for December 2024

Fin Resources Limited has released its interim financial report for the period ending 31 December 2024. The report provides insights into the company’s financial performance and position, which are crucial for stakeholders to assess its operational efficiency and market positioning. This release is significant as it reflects the company’s current financial health and could influence investor decisions.

Fin Resources Limited Announces Proposed Securities Issuance

Fin Resources Limited has announced a proposed issue of securities, including 445,000 convertible notes, 20,000,000 unquoted incentive options, and 45,619,740 fully paid ordinary shares. This issuance is aimed at raising capital to support the company’s operations and strategic initiatives, potentially impacting its market position and offering new opportunities for stakeholders.

Fin Resources Secures Funding and Implements Incentive Plans

Fin Resources Limited announced a funding initiative through the issuance of Convertible Notes, aiming to raise $445,000, subject to shareholder approval. This funding will support project-related working capital and corporate costs, while the company continues its cost reduction initiatives. Additionally, the company plans to issue shares and options as part of remuneration and incentive packages for directors, consultants, and corporate advisors, aligning with its strategy to conserve cash reserves for operational purposes.