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Far Northern Resources Limited (FNR) AI Stock Analysis

AU:FNR

Far Northern Resources Limited

(ASX:FNR)

Select Model
Rating:42Neutral
Price Target:AUD 0.13â–¼(-7.59% Downside)
Action:reiterated
Date:10/27/26

Score primarily held back by weak financial performance from absent revenue and cash burn despite balance sheet stability. Mixed technical signals and unattractive valuation due to negative earnings further limit upside.

Positive Factors
Very Low LeverageExtremely 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 BaseThe 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.

Far Northern Resources Limited (FNR) vs. iShares MSCI Australia ETF (EWA)

-40%-30%-20%-10%0%10%20%AU:FNR-9.38%EWA+13.51%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
AUD 10.36M
Dividend Yield
―
Average Volume (3M)
44.00K
Price to Earnings (P/E)
-11.8
Beta (1Y)
1.26
Revenue Growth
―
EPS Growth
-28.00%
Country
Australia
Employees
0
Sector
Basic Materials
Sector Strength
61
Industry
Gold

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 the...

Far Northern Resources Limited Financial Statement Overview

Summary

Weak income statement with near-zero revenue and persistent net losses, negative cash flows showing ongoing burn, offset by stable balance sheet with low debt and positive equity above 8 million.

Income Statement

15Very Negative

Balance Sheet

68Positive

Cash Flow

22Negative
Financial statement breakdown
BreakdownTTMJun 2026Jun 2025Jun 2024Jun 2023Jun 2022
Income Statement
Total Revenue1,17500027.00K0
Gross Profit-96.56K-97.73K-107.75K-106.69K27.00K-66.40K
EBITDA-792.77K-485.92K-422.87K-969.11K-340.88K-46.45K
Net Income-1.03M-687.59K-532.58K-1.08M-394.99K-91.72K
Balance Sheet
Total Assets8.08M8.08M8.86M9.42M1.90M1.52M
Cash, Cash Equivalents and Short-Term Investments1.59M1.59M2.51M3.56M425.89K10.22K
Total Debt8,2658,26590.09K90.04K077.80K
Total Liabilities66.48K66.48K168.00K201.51K134.58K78.04K
Stockholders Equity8.01M8.01M8.69M9.22M1.54M1.21M
Cash Flow
Free Cash Flow-942.27K-840.82K-522.03K-1.01M0-82.18K
Operating Cash Flow-653.96K-517.71K-522.03K-1.01M-308.20K-82.18K
Investing Cash Flow-316.55K-323.11K-528.92K-13.06K-1,1280
Financing Cash Flow-122.87K-81.92K04.17M725.00K0

Far Northern Resources Limited Technical Analysis

Technical Analysis SentimentPositive
Last Price0.14

Price Trends

50DMA0.14Positive
100DMA0.13Positive
200DMA0.14Negative

Market Momentum

MACD0.00Negative
RSI71.11Negative
STOCH63.64Neutral

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 0.14 is above the 20-day moving average (MA) of 0.13, above the 50-day MA of 0.14, and above the 200-day MA of 0.14, indicating a neutral trend. The MACD of 0.00 indicates Negative momentum. The RSI at 71.11 is Negative, neither overbought nor oversold. The STOCH value of 63.64 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

Overall Rating

UnderperformOutperform
Sector (61)

Financial Indicators

AU:FNR against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
Sector *61Neutral$10.43B7.12-0.05%2.87%2.86%-36.73%
AU:NESAU:NES45NeutralAUD 5.57M-10.00-24.46%――0.00%
AU:REZAU:REZ44NeutralAUD 6.50M-14.00-4.33%―-100.00%84.38%
AU:RR1AU:RR144NeutralAUD 15.89M-2.79-33.13%――-345.45%
AU:FNRAU:FNR42NeutralAUD 10.36M-11.78-12.64%――-28.00%
AU:AUVAU:AUV42NeutralAUD 5.54M-0.55-171.60%――22.92%
AU:NSMAU:NSM41NeutralAUD 6.61M-4.86-8.22%――-16.67%

* Basic Materials Sector Average

Performance Comparison

-50%-25%0%25%50%AU:FNRAU:AUVAU:RR1AU:NSMAU:REZDec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
AU:FNR and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
AU:FNRFar Northern Resources Limited0.14-0.01-3.33%
AU:AUVSipa Resources Limited0.01-0.01-50.00%
AU:RR1Reach Resources Limited0.010.0020.00%
AU:NSMNorth Stawell Minerals, Ltd.0.02-0.02-57.50%
AU:REZResources & Energy Group Limited0.01-0.01-37.50%
AU:NESNelson 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 suppl...

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 shifti...

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 as o...

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 the...

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 deta...

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. The...

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.

Date of analysis: Oct 27, 2026