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Fin Resources Limited
(Sydney:FIN)
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Rating:44Neutral
Price Target:
AU$0.01
â–²(0.00% Upside)
Action:Reiterated
Date:09/27/26
The score is primarily held down by weak financial performance: no revenue, recurring losses, and sustained negative operating/free cash flow indicating ongoing funding needs. Low leverage and positive equity provide some balance-sheet support, but do not offset the lack of profitability and cash generation. Valuation is difficult to assess given a negative P/E and missing dividend yield, and technical signals are neutral due to missing indicator data.
Positive Factors
Low Leverage
A generally debt-light balance sheet limits borrowing-related financial risk and preserves flexibility for future funding decisions. Low leverage can help the company withstand continued development losses without the additional burden of substantial interest or refinancing obligations.
Negative Factors
No Revenue
A sustained absence of revenue shows that the company has not yet demonstrated commercial traction or a recurring operating model. This limits internal cash generation, reduces earnings visibility, and leaves future funding dependent on achieving commercialization.
Read all positive and negative factors
Positive Factors
Negative Factors
Low Leverage
A generally debt-light balance sheet limits borrowing-related financial risk and preserves flexibility for future funding decisions. Low leverage can help the company withstand continued development losses without the additional burden of substantial interest or refinancing obligations.
Read all positive factors
Fin Resources Limited (FIN) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$7.61M
Dividend YieldN/A
Average Volume (3M)6.33M
Price to Earnings (P/E)―
Beta (1Y)-0.90
Revenue GrowthN/A
EPS Growth-166.67%
CountryAU
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding1,902,656,100
10 Day Avg. Volume6,237,425
30 Day Avg. Volume6,331,029
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)1.15
Price to Sales (P/S)0.00
P/FCF Ratio-11.30
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
Fin Resources Limited Business Overview & Revenue Model
Company Description
Fin Resources Limited is an Australian enterprise dedicated to the exploration and development of mineral properties across Western Australia. The company actively seeks deposits of various valuable resources, including gold, base metals, graphite...
Fin Resources Limited Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
46
Neutral
Cash Flow
24
Negative
| Breakdown | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|
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 | -1.00M | 2.20M | -866.00K | -955.35K | -4.11M |
| Net Income | -3.33M | -612.42K | -3.61M | -2.65M | -5.01M |
Balance Sheet | |||||
| Total Assets | 5.54M | 3.15M | 3.42M | 5.84M | 7.31M |
| Cash, Cash Equivalents and Short-Term Investments | 743.36K | 647.01K | 879.74K | 2.27M | 3.39M |
| Total Debt | 0.00 | 445.00K | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 143.32K | 776.84K | 738.04K | 110.01K | 67.94K |
| Stockholders Equity | 5.40M | 2.38M | 2.68M | 5.73M | 7.24M |
Cash Flow | |||||
| Free Cash Flow | -548.51K | -677.68K | -1.84M | -1.64M | -2.84M |
| Operating Cash Flow | -548.51K | -171.72K | -608.26K | -574.71K | -1.15M |
| Investing Cash Flow | -4.29M | -505.96K | -1.23M | -1.07M | -1.69M |
| Financing Cash Flow | 4.94M | 445.05K | 448.48K | 517.36K | 1.19M |
Fin Resources Limited 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% | |
54 Neutral | AU$7.70M | -7.21 | -4.05% | ― | ― | 56.43% | |
47 Neutral | AU$5.96M | 0.69 | 62.41% | ― | ― | ― | |
45 Neutral | AU$8.98M | -3.55 | -27.88% | ― | ― | 70.75% | |
44 Neutral | AU$7.61M | -2.00 | -68.05% | ― | ― | -166.67% | |
44 Neutral | AU$7.06M | -5.70 | -25.72% | ― | ― | 79.65% |
* Basic Materials Sector Average
AU:FIN
Fin Resources Limited
0.01
0.00
0.00%
AU:SRK
Strike Resources Limited
0.02
-0.02
-54.35%
AU:OB1
Woomera Mining Ltd.
0.01
-0.01
-50.00%
AU:HLX
Helix Resources Limited
0.04
>-0.01
-12.00%
AU:EV1
Evolution Energy Minerals Limited
0.01
>-0.01
-31.25%
AU:BMM
Balkan Mining and Minerals Ltd
0.05
-0.18
-76.96%
Fin Resources Limited Corporate Events
Fin Resources Publishes 2026 Annual Report Detailing Financials and Tenements
Sep 24, 2026
Fin Resources Limited has released its annual report for the year ended 30 June 2026, providing shareholders with a comprehensive overview of its financial performance, balance sheet, cash flows and changes in equity. The report also details corpo...
Fin Resources files 2026 ASX corporate governance disclosures
Sep 24, 2026
Fin Resources Limited has lodged its corporate governance statement and completed Appendix 4G with the ASX for the year ended 30 June 2026, confirming adherence to key ASX Corporate Governance Council principles. The statement, current as of 24 Se...
Fin Resources issues 208.5 million shares under cleansing notice
Sep 23, 2026
Fin Resources Limited has issued 208,526,584 fully paid ordinary shares without a prospectus, relying on provisions under the Corporations Act that allow such placements without formal disclosure. The company affirmed that it remains compliant wit...
Fin Resources Lists Over 208 Million New Shares on ASX
Sep 23, 2026
Fin Resources Limited, an Australian resources exploration company, has expanded its capital base with the issuance of 208,526,584 ordinary fully paid shares on the ASX. The new securities, listed under the FIN code, increase the company’s q...
Fin Resources shareholders back placement-related resolutions at general meeting
Sep 18, 2026
Fin Resources Limited, an ASX-listed resource exploration company based in West Perth, is focused on developing mineral projects and funds its activities primarily through equity capital raisings. The company targets investors on the Australian ma...
Fin Resources launches large options offer under ASIC-lodged prospectus
Sep 15, 2026
Fin Resources Limited has lodged a transaction-specific prospectus with ASIC for an offer of up to 488,750,000 new options, tied mainly to a placement for eligible participants and a separate allocation to joint lead managers. The prospectus also ...
Fin Resources begins major summer drill program at Cabin Lake gold project
Aug 20, 2026
Fin Resources has launched a fully funded summer diamond drilling campaign at its 100%-owned Cabin Lake Gold Project in Canada’s Northwest Territories, targeting 14 priority gold prospects with 15 planned drillholes. The program builds on pr...
Fin Resources sets September 2026 general meeting, pushes electronic voting and notices
Aug 18, 2026
Fin Resources Limited has called a general meeting of shareholders for 18 September 2026 at its West Perth offices, with voting eligibility set for shareholders on the register as of the evening of 16 September 2026. The company is moving to prima...
Fin Resources Issues 29.8 Million Shares Under Cleansing Notice
Aug 17, 2026
Fin Resources Limited, an ASX-listed resources company, has issued 29,835,000 fully paid ordinary shares without a prospectus under the Corporations Act provisions governing disclosure exemptions. The move underscores the company’s continued...
Fin Resources seeks ASX quotation for nearly 30 million new shares
Aug 17, 2026
Fin Resources Limited has applied to the ASX for quotation of 29,835,000 new ordinary fully paid shares, expanding its listed capital base as of August 17, 2026. The issuance, linked to previously announced transactions, increases the company̵...
Fin Resources Issues 186.6 Million New Shares and Lodges Cleansing Notice
Aug 11, 2026
Fin Resources has issued 186,638,416 fully paid ordinary shares without a prospectus or other disclosure document, relying on an exemption available under the Corporations Act. The company has confirmed that it remains compliant with its financial...
Fin Resources Seeks ASX Quotation for 186.6 Million New Shares
Aug 11, 2026
Fin Resources Limited has applied to the ASX for quotation of 186,638,416 ordinary fully paid shares, formalising the move to have these securities traded on the exchange. The shares, issued on 11 August 2026 under a previously announced transacti...
Fin Resources Plans Major Share and Option Issue in New ASX Filing
Aug 3, 2026
Fin Resources Limited has lodged a new Appendix 3B with the ASX outlining a proposed issue of ordinary shares and listed options as part of a placement or similar capital-raising structure. The company plans to issue up to 425 million fully paid o...
Fin Resources raises A$1.7m to advance Cabin Lake gold drilling
Aug 3, 2026
Fin Resources has secured firm commitments to raise A$1.7 million through a two-tranche placement of 425 million new shares at A$0.004, with free attaching options, to advance drilling at its Cabin Lake Gold Project in Canada. The capital injectio...
Fin Resources advances high-grade gold exploration at Cabin Lake
Jul 31, 2026
Fin Resources Limited devoted the June quarter to a winter exploration campaign at its Cabin Lake Gold Project in Canada, completing eight diamond drillholes alongside detailed geophysical and structural work. The program returned gold mineralisat...
Fin Resources Seeks Trading Halt Ahead of Capital Raising Announcement
Jul 30, 2026
Fin Resources Limited, an ASX-listed resources company trading under the code FIN, operates within Australia’s regulated equity market, where disclosure and capital management are tightly governed by ASX Listing Rules. The company’s bo...
Fin Resources Lets 6.7 Million Options Expire, Streamlining Capital Structure
Jul 6, 2026
Fin Resources Limited has confirmed the expiry of a significant tranche of listed options, identified as FINAF options expiring 05-Jul-2026 with an exercise price of $0.00001. These options, totaling 6,666,666 securities, ceased to exist following...
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.