Want to see AU:FRB full AI Analyst Report?
Top Page
Firebird Metals Ltd.
(Sydney:FRB)
Select Model
Select Model
Rating:46Neutral
Price Target:
AU$0.12
▼(-30.59% Downside)
Action:Reiterated
Date:10/23/26
The score is held down primarily by weak financial performance—no revenue, ongoing losses, and worsening free cash flow—despite a relatively low-debt balance sheet. Technicals are mixed with a short-term lift but broader downside trend signals, while valuation is limited by a negative P/E and no dividend yield provided.
Positive Factors
Low Leverage
Very low leverage reduces balance-sheet pressure while Firebird advances its development portfolio. The modest debt burden preserves financial flexibility and limits mandatory funding costs, although the benefit depends on the company managing its ongoing cash use effectively.
Negative Factors
Pre-Revenue Business Model
The absence of reported revenue means Firebird has not yet demonstrated commercial production or a recurring operating income stream. Until projects advance successfully, the company remains dependent on development progress and access to capital rather than internally funded business activity.
Read all positive and negative factors
Positive Factors
Negative Factors
Low Leverage
Very low leverage reduces balance-sheet pressure while Firebird advances its development portfolio. The modest debt burden preserves financial flexibility and limits mandatory funding costs, although the benefit depends on the company managing its ongoing cash use effectively.
Read all positive factors
Firebird Metals Ltd. (FRB) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$21.88M
Dividend YieldN/A
Average Volume (3M)155.60K
Price to Earnings (P/E)―
Beta (1Y)1.94
Revenue GrowthN/A
EPS Growth-33.13%
CountryAU
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryOther Precious Metals
Share Statistics
EPS (TTM)-0.02
Shares Outstanding182,361,400
10 Day Avg. Volume231,847
30 Day Avg. Volume155,597
Financial Highlights & Ratios
PEG Ratio-0.27
Price to Book (P/B)1.94
Price to Sales (P/S)0.00
P/FCF Ratio-7.90
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
Firebird Metals Ltd. Business Overview & Revenue Model
Company Description
Firebird Metals Limited is an Australian entity primarily engaged in the exploration and assessment of manganese properties. The Oakover Manganese project stands as its flagship initiative, encompassing 360 square kilometers within Western Austral...
Firebird Metals Ltd. Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
62
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 | 0.00 | 0.00 |
| Gross Profit | 0.00 | -213.57K | 110.00K | -58.35K | -61.62K |
| EBITDA | -2.83M | -2.08M | -4.73M | -891.67K | -1.10M |
| Net Income | -3.44M | -2.27M | -4.66M | -952.13K | -1.17M |
Balance Sheet | |||||
| Total Assets | 13.70M | 11.22M | 12.88M | 6.72M | 4.13M |
| Cash, Cash Equivalents and Short-Term Investments | 3.61M | 1.50M | 5.07M | 1.30M | 500.65K |
| Total Debt | 250.60K | 335.71K | 0.00 | 56.39K | 56.39K |
| Total Liabilities | 657.68K | 652.28K | 245.59K | 333.42K | 191.22K |
| Stockholders Equity | 13.05M | 10.57M | 12.64M | 6.39M | 3.94M |
Cash Flow | |||||
| Free Cash Flow | -3.20M | -2.05M | -3.00M | -2.31M | -3.24M |
| Operating Cash Flow | -2.83M | -1.92M | -2.13M | -718.80K | -1.00M |
| Investing Cash Flow | -584.64K | -1.69M | -1.75M | -1.69M | -2.24M |
| Financing Cash Flow | 5.47M | 26.16K | 7.68M | 3.21M | -64.00K |
Firebird Metals Ltd. Technical Analysis
Negative
0.17
Price Trends
0.15
Negative
0.16
Negative
0.19
Negative
Market Momentum
>-0.01
Negative
43.59
Neutral
53.33
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:FRB, the sentiment is Negative. The current price of 0.17 is above the 20-day moving average (MA) of 0.13, above the 50-day MA of 0.15, and below the 200-day MA of 0.19, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 43.59 is Neutral, neither overbought nor oversold. The STOCH value of 53.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:FRB.
Firebird Metals Ltd. 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% | |
53 Neutral | AU$48.95M | 4.21 | 54.34% | ― | 143.89% | ― | |
48 Neutral | AU$60.70M | -22.00 | -122.43% | ― | ― | 30.00% | |
48 Neutral | AU$24.15M | -4.64 | -19.95% | ― | ― | -2.96% | |
47 Neutral | AU$32.05M | -36.67 | -29.52% | ― | ― | 18.18% | |
46 Neutral | AU$21.88M | -6.10 | -24.83% | ― | ― | -33.13% | |
46 Neutral | AU$32.62M | -15.91 | -6.13% | ― | ― | 4.55% |
* Basic Materials Sector Average
AU:FRB
Firebird Metals Ltd.
0.12
-0.04
-22.58%
AU:AUQ
Alara Resources
0.05
0.02
47.22%
AU:LML
Lincoln Minerals Limited
0.01
<0.01
10.00%
AU:MRD
Mount Ridley Mines Limited
0.04
0.03
258.33%
AU:G11
Odin Metals Ltd
0.23
0.03
13.07%
AU:AR3
Australian Rare Earths Limited
0.09
-0.09
-49.19%
Firebird Metals Ltd. Corporate Events
Firebird Metals Sets Date and Digital Access Framework for 2026 AGM
Oct 21, 2026
Firebird Metals Ltd has called its 2026 Annual General Meeting of shareholders to be held in person at The Albion Hotel in Cottesloe, Western Australia, on 25 November 2026 at 11:30 a.m. AWST. The company is directing investors to access the Notic...
Firebird Metals Sets November AGM, Seeks Fresh Equity Mandate
Oct 21, 2026
Firebird Metals Limited has called its annual general meeting for 25 November 2026 at The Albion Hotel in Cottesloe, Western Australia, setting a voting record date of 23 November 2026 for eligible shareholders. The meeting underscores the company...
Firebird Delivers Ultra-High-Purity Manganese Sulphate and Advances Pilot Programs
Oct 19, 2026
Firebird Metals Ltd. has produced its first 99.999% ultra-high-purity manganese sulphate using a proprietary in-line impurity extraction process at its Hunan Pilot Plant. The achievement makes Firebird, to its knowledge, the only Western company t...
Firebird Metals Sets 2026 AGM as Manganese Battery Strategy Advances
Oct 5, 2026
Firebird Metals has scheduled its 2026 Annual General Meeting for 25 November 2026, with director nomination submissions closing on 14 October 2026 at 5:00 pm AWST. The meeting will include the election of directors, a key governance event for sha...
Firebird Metals Lodges Governance Disclosures and Confirms ASX Compliance
Sep 29, 2026
Firebird Metals Ltd has outlined its corporate governance framework in a board-approved statement for the year ended 30 June 2026, accessible via its website. The ASX-listed miner details how responsibilities are allocated between the board, manag...
Firebird Metals Details FY 2026 Governance Framework and ASX Alignment
Sep 29, 2026
Firebird Metals has outlined its FY 2026 corporate governance framework, confirming Board approval as of 29 September 2026 and detailing its alignment with the ASX Corporate Governance Council’s fourth edition Principles and Recommendations....
Firebird Metals Highlights Corporate Structure and Governance Framework
Sep 29, 2026
Firebird Metals Ltd., listed on the ASX under the ticker FRB, is a Western Australia-based resources company that operates within a formal corporate governance framework managed from its Osborne Park registered office. The firm leverages establish...
Firebird prepares first Oakover manganese feedstock for Australian demo plant
Sep 23, 2026
Firebird Metals has produced the first batch of manganese feedstock from its Oakover Manganese Project for use in its Australian Demonstration Plant in Osborne Park. The ore has been processed to a consistent specification, reinforcing the company...
Firebird Metals Launches New Website and InvestorHub to Showcase Battery Materials Strategy
Sep 8, 2026
Firebird Metals has launched a new website that highlights its world-first integrated processing line for turning manganese concentrates into advanced cathode materials, alongside the development path for its Australian Demonstration Plant. The pl...
Firebird Metals Ships First Equipment for Australian Manganese Battery Materials Plant
Sep 2, 2026
Firebird Metals has dispatched the first container of equipment for its Australian Demonstration Plant from its China-based RD facility, with arrival at Fremantle Port expected in early October and shipping completed around two weeks ahead of sche...
Firebird Advances Australian Manganese Battery Materials Plant at Osborne Park
Aug 5, 2026
Firebird Metals has moved into its Australian Demonstration Plant site in Osborne Park, marking a shift from project planning to on-the-ground delivery of a facility for advanced manganese-based battery materials. The leased site will host Austral...
Firebird Metals Advances Perth Battery Materials Plant With ARENA Grant
Jul 29, 2026
Firebird Metals has moved its Australian Demonstration Plant from planning into delivery, securing a multi-year lease on a 775 sqm purpose-built facility in Osborne Park, Perth. The site will host what the company says is the only fully integrated...
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.