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Far Northern Resources Limited (FNR) AI Stock Analysis

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AU:FNR

Far Northern Resources Limited

(ASX:FNR)

Select Model
Rating:51Neutral
Price Target:AUD 0.20â–²(5.79% Upside)
Action:reiterated
Date:11/13/26

Weak financial performance from absent revenue and negative cash flows weighs most heavily on the score for this early-stage gold explorer. Positive technical momentum offers partial support while valuation remains pressured by unprofitability.

Positive Factors
Very Low LeverageExtremely low leverage limits refinancing and solvency pressure, giving Far Northern Resources greater financial flexibility while it advances exploration. Although debt does not solve the profitability issue, the balance sheet is less exposed to interest costs and creditors than a highly leveraged peer.
Negative Factors
Absent Revenue and Persistent LossesThe lack of meaningful revenue and widening losses show that Far Northern Resources has not yet established a self-funding operating business. Continued exploration without commercial production leaves earnings dependent on future discoveries and exposes shareholders to prolonged uncertainty around profitability.

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

-40%-20%0%20%40%60%AU:FNR+35.71%EWA+17.02%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
Market Cap
AUD 13.58M
Dividend Yield
―
Average Volume (3M)
44.03K
Price to Earnings (P/E)
-15.4
Beta (1Y)
1.43
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 and cash flows from negligible revenue, persistent net losses, and ongoing cash burn, only partially offset by a stable balance sheet with low debt and positive equity.

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 Price0.19

Price Trends

50DMA0.14Positive
100DMA0.14Positive
200DMA0.14Positive

Market Momentum

MACD0.02Negative
RSI74.26Negative
STOCH80.56Negative

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 0.19 is above the 20-day moving average (MA) of 0.16, above the 50-day MA of 0.14, and above the 200-day MA of 0.14, indicating a bullish trend. The MACD of 0.02 indicates Negative momentum. The RSI at 74.26 is Negative, neither overbought nor oversold. The STOCH value of 80.56 is Negative, 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:FNRAU:FNR51NeutralAUD 13.58M-15.44-12.64%――-28.00%
AU:RR1AU:RR146NeutralAUD 14.57M-2.56-33.13%――-345.45%
AU:NESAU:NES45NeutralAUD 8.35M-15.00-24.46%――0.00%
AU:REZAU:REZ44NeutralAUD 6.50M-14.00-4.33%―-100.00%84.38%
AU:AUVAU:AUV42NeutralAUD 4.62M-0.45-171.60%――22.92%
AU:NSMAU:NSM40UnderperformAUD 5.83M-4.29-8.22%――-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 '26Nov '26
AU:FNR and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
AU:FNRFar Northern Resources Limited0.190.0535.71%
AU:AUVSipa Resources Limited0.01-0.01-50.00%
AU:RR1Reach Resources Limited0.010.0010.00%
AU:NSMNorth Stawell Minerals, Ltd.0.01-0.02-59.46%
AU:REZResources & Energy Group Limited0.01-0.01-41.18%
AU:NESNelson Resources Ltd.―――

Far Northern Resources Limited Corporate Events

Far Northern Resources Issues 4,500,000 Unlisted Options

Nov 10, 2026

Far Northern Resources Limited notified the issue of 4,500,000 unlisted options on 9 November 2026, each carrying a 25-cent exercise price and expiring on 9 November 2028. The securities form part of a transaction or transactions previously announced...

Far Northern Resources Discloses Director’s Option Grant

Nov 10, 2026

Far Northern Resources Limited disclosed a change in director Matthew Bashford’s securities interests on 9 November 2026. Following shareholder approval at the 2026 annual general meeting, Bashford received 1,500,000 unlisted options for nil consider...

Far Northern Resources Discloses Director’s Option Grant

Nov 10, 2026

Far Northern Resources Limited disclosed a change in director Cameron Woodrow’s relevant interests in securities. On 9 November 2026, he was granted 1.5 million unlisted options for nil consideration following shareholder approval at the 2026 AGM, wh...

Far Northern Resources Reports Late Director Interest Notices

Nov 10, 2026

Far Northern Resources Limited (ASX:FNR) said notices recording changes in the notifiable interests of directors Matthew Bashford, Nicholas Revell and Cameron Woodrow were lodged late after unlisted options automatically expired under their issue ter...

Far Northern Resources Reports High-Grade Gold Intersections at Bridge Creek

Nov 9, 2026

Far Northern Resources reported assay results from six diamond holes at Bridge Creek in the Northern Territory, including a shallow 4m interval grading 110.06 g/t gold and a 1m subinterval at 425.2 g/t. The 440 gram-metre result was the best drilled...

Far Northern Resources Shareholders Approve All AGM Resolutions

Nov 6, 2026

Far Northern Resources Limited reported that shareholders passed all seven resolutions at its annual general meeting on 6 November 2026, with each decision determined by poll. The approvals covered remuneration report adoption, Nicholas Revell’s elec...

Far Northern Resources Proposes 4.5 Million-Option Placement

Nov 4, 2026

Far Northern Resources Limited announced a proposed placement of 4.5 million unlisted options, carrying a $0.25 exercise price and expiring two years from issue.The announcement identifies 13 November 2026 as the proposed issue date but provides no d...

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 of 25 S...

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 compan...

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...

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: Nov 13, 2026