Want to see AU:FMN full AI Analyst Report?
Enegex Limited (FMN) AI Stock Analysis
Enegex Limited
(ASX:FMN)
The overall score of 45 reflects Enegex's weak financial fundamentals, including no revenue and persistent losses, partially offset by a debt-free balance sheet and improving cash burn. Recent price action shows short-term strength, but the stock remains in a longer-term downtrend. The negative P/E further underscores the lack of profitability. As an early-stage exploration company, it carries high risk.
Enegex Limited (FMN) vs. iShares MSCI Australia ETF (EWA)
- Market Cap
- AUD 37.56M
- Dividend Yield
- ―
- Average Volume (3M)
- 100.07K
- Price to Earnings (P/E)
- -65.0
- Beta (1Y)
- 0.87
- Revenue Growth
- ―
- EPS Growth
- 68.36%
- Country
- Australia
- Employees
- 0
- Sector
- Basic Materials
- Sector Strength
- 61
- Industry
- Industrial Materials
Enegex Limited Business Overview & Revenue Model
Company Description
Famien Resources Limited is an Australian company primarily engaged in the identification, evaluation, and strategic investment in natural resource properties throughout Australia. The firm specifically targets deposits rich in gold, nickel, copper,...
How the Company Makes Money
null
Enegex Limited Financial Statement Overview
Summary
Enegex has no revenue and persistent operating losses, reflected in a very low income statement score. The balance sheet is debt-free with a strong equity cushion, but equity has been eroded by losses. Cash flow remains negative, though improving. Overall financial health is weak, typical for an exploration-stage company.
Income Statement
15Very NegativeBalance Sheet
35NegativeCash Flow
30NegativeEnegex Limited Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:FMN, the sentiment is Negative. The current price of 0.13 is above the 20-day moving average (MA) of 0.12, below the 50-day MA of 0.14, and below the 200-day MA of 0.20, indicating a bearish trend. The MACD of -0.01 indicates Negative momentum. The RSI at 38.98 is Neutral, neither overbought nor oversold. The STOCH value of 0.00 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:FMN.
Enegex Limited Peers Comparison
Overall Rating
AU:KLI49Neutral
AU:LSA46Neutral
AU:STM45Neutral
AU:FMN45Neutral
AU:COD40Underperform
AU:AKN39Underperform
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% |
| 49Neutral | AUD 81.16M | -19.40 | -18.98% | ― | ― | 30.00% | |
| 46Neutral | AUD 31.58M | -17.71 | -8.00% | ― | ― | 64.96% | |
| 45Neutral | AUD 49.70M | -15.35 | -2.63% | ― | ― | 11.63% | |
| 45Neutral | AUD 36.06M | -64.98 | -14.86% | ― | ― | 68.36% | |
| 40Underperform | AUD 38.39M | -2.64 | -38.32% | ― | ― | -113.13% | |
| 39Underperform | AUD 24.20M | -0.98 | -240.94% | ― | ― | 9.73% |
* Basic Materials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| AU:FMN | Enegex Limited | 0.12 | -0.07 | -36.84% | |
| AU:LSA | Lachlan Star Limited | 0.09 | 0.02 | 32.81% | |
| AU:STM | Sunstone Metals Limited | 0.17 | -0.51 | -74.64% | |
| AU:COD | Coda Minerals Ltd | 0.09 | -0.01 | -10.00% | |
| AU:AKN | AuKing Mining Ltd | 0.01 | 0.00 | 0.00% | |
| AU:KLI | Killi Resources Limited | 0.23 | 0.17 | 275.00% |
Enegex Limited Corporate Events
Famien Resources Highlights Côte d’Ivoire Gold Exploration Progress
Famien Resources has released a corporate presentation outlining its ongoing gold exploration program in Côte d’Ivoire and the expansion of its ground portfolio. The update highlights recent drilling campaigns at Tougbe and Gogo, where aug...
Famien Resources Reports Strong Early Gold Intercepts in Côte d’Ivoire Drilling
Famien Resources has resumed normal operations on its maiden 3,500m reverse circulation drilling program at the Bonougbara Trend on the Gogo permit in Côte d’Ivoire, after maintenance issues caused earlier delays. Initial results from five...
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: Jul 28, 2026