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Far Northern Resources Limited
(Sydney:FNR)
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Rating:47Neutral
Price Target:
AU$0.14
▲(15.00% Upside)
Action:Reiterated
Date:10/27/26
The score is held down primarily by weak financial performance (minimal revenue, ongoing losses, and negative free cash flow). Technicals provide only modest support because indicators look overbought and MACD is slightly negative. Valuation is also constrained by a loss-making profile (negative P/E) and no dividend support.
Positive Factors
Very Low Leverage
Extremely low leverage reduces refinancing and solvency risk, preserving financial flexibility while the company advances exploration. A largely unleveraged balance sheet also limits interest burdens and gives management more capacity to direct available capital toward project evaluation.
Negative Factors
Minimal Revenue Base
The absence of meaningful revenue shows that FNR has not yet established an operating income base to fund its activities. This leaves financial performance dependent on exploration progress and future funding rather than recurring commercial cash inflows.
Read all positive and negative factors
Positive Factors
Negative Factors
Very Low Leverage
Extremely low leverage reduces refinancing and solvency risk, preserving financial flexibility while the company advances exploration. A largely unleveraged balance sheet also limits interest burdens and gives management more capacity to direct available capital toward project evaluation.
Read all positive factors
Far Northern Resources Limited (FNR) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$10.36M
Dividend YieldN/A
Average Volume (3M)19.43K
Price to Earnings (P/E)―
Beta (1Y)1.22
Revenue GrowthN/A
EPS Growth-28.00%
CountryAU
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryGold
Share Statistics
EPS (TTM)-0.01
Shares Outstanding71,461,136
10 Day Avg. Volume51,522
30 Day Avg. Volume19,435
Financial Highlights & Ratios
PEG Ratio-0.41
Price to Book (P/B)0.98
Price to Sales (P/S)0.00
P/FCF Ratio-9.35
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
Far Northern Resources Limited Business Overview & Revenue Model
Company Description
Far Northern Resources Limited is an Australian firm primarily focused on prospecting for gold and other industrial metals throughout the country. The company's interests include the Bridge Creek project within the Northern Territory, as well as t...
Far Northern Resources Limited Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
72
Positive
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 | 27.00K | 0.00 |
| Gross Profit | -97.73K | -107.75K | -106.69K | 27.00K | -66.40K |
| EBITDA | -485.92K | -422.87K | -969.11K | -340.88K | -46.45K |
| Net Income | -687.59K | -532.58K | -1.08M | -394.99K | -91.72K |
Balance Sheet | |||||
| Total Assets | 8.08M | 8.86M | 9.42M | 1.90M | 1.52M |
| Cash, Cash Equivalents and Short-Term Investments | 1.59M | 2.51M | 3.56M | 425.89K | 10.22K |
| Total Debt | 8.27K | 90.09K | 90.04K | 0.00 | 77.80K |
| Total Liabilities | 66.48K | 168.00K | 201.51K | 134.58K | 78.04K |
| Stockholders Equity | 8.01M | 8.69M | 9.22M | 1.54M | 1.21M |
Cash Flow | |||||
| Free Cash Flow | -840.82K | -522.03K | -1.01M | 0.00 | -82.18K |
| Operating Cash Flow | -517.71K | -522.03K | -1.01M | -308.20K | -82.18K |
| Investing Cash Flow | -323.11K | -528.92K | -13.06K | -1.13K | 0.00 |
| Financing Cash Flow | -81.92K | 0.00 | 4.17M | 725.00K | 0.00 |
Far Northern Resources Limited Technical Analysis
Positive
0.12
Price Trends
0.14
Positive
0.13
Positive
0.14
Negative
Market Momentum
<0.01
Negative
71.11
Negative
71.59
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:FNR, the sentiment is Positive. The current price of 0.12 is below the 20-day moving average (MA) of 0.13, below the 50-day MA of 0.14, and below the 200-day MA of 0.14, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 71.11 is Negative, neither overbought nor oversold. The STOCH value of 71.59 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:FNR.
Far Northern 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% | |
47 Neutral | AU$10.36M | -11.78 | -12.64% | ― | ― | -28.00% | |
45 Neutral | AU$5.57M | -10.00 | -24.46% | ― | ― | ― | |
44 Neutral | AU$14.57M | -2.56 | -33.13% | ― | ― | -345.45% | |
44 Neutral | AU$6.99M | -5.14 | -8.22% | ― | ― | -16.67% | |
44 Neutral | AU$6.50M | -14.00 | -4.33% | ― | -100.00% | 84.38% | |
42 Neutral | AU$5.54M | -0.55 | -171.60% | ― | ― | 22.92% |
* Basic Materials Sector Average
AU:FNR
Far Northern Resources Limited
0.15
>-0.01
-3.33%
AU:AUV
Sipa Resources Limited
0.01
-0.01
-50.00%
AU:RR1
Reach Resources Limited
0.01
0.00
0.00%
AU:NSM
North Stawell Minerals, Ltd.
0.02
-0.02
-55.00%
AU:REZ
Resources & Energy Group Limited
0.01
>-0.01
-44.44%
AU:NES
Nelson Resources Ltd.
―
―
―
Far Northern Resources Limited Corporate Events
Far Northern Resources advances Bridge Creek gold project with completion of diamond drilling
Oct 21, 2026
Far Northern Resources Limited reported that it has completed a 584.3-metre diamond drilling program at its Bridge Creek Gold Project in the Northern Territory. The work builds on a recently upgraded mineral resource estimate and is intended to su...
Far Northern Resources Sets Date and Voting Arrangements for 2026 AGM
Oct 1, 2026
Far Northern Resources Limited has called its 2026 Annual General Meeting for 6 November 2025 in Fortitude Valley, Brisbane, inviting shareholders to attend in person or participate via proxy or authorised representative voting. The company is shi...
Far Northern Resources Files ASX Corporate Governance Appendix 4G
Sep 25, 2026
Far Northern Resources Limited has lodged its Appendix 4G with the ASX for the financial year ended 30 June 2026, confirming the location of its corporate governance statement on the company’s website. The board-approved statement, current a...
Far Northern Resources Releases 2026 Annual Report
Sep 25, 2026
Far Northern Resources Limited has released its annual report for the year ended 30 June 2026, outlining its corporate directory, managing director’s letter, review of operations, and full statutory financial statements. The report details t...
Far Northern Resources Updates Registered Office and Business Address
Sep 25, 2026
Far Northern Resources Limited has announced an immediate change to its registered office and principal place of business, relocating both to Unit B, 107 Alfred Street in Fortitude Valley, Queensland. The company confirmed that all other contact d...
Far Northern Resources Lifts Bridge Creek Gold Resource and Starts Key Drilling Program
Jul 29, 2026
Far Northern Resources has reported a 31% upgrade to the mineral resource estimate at its Bridge Creek Central gold deposit, lifting contained gold to 93,000 ounces and boosting total Northern Territory project resources by 23% to 117,000 ounces. ...
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.