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Felix Gold Ltd.
(Sydney:FXG)
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Rating:47Neutral
Price Target:
AU$0.26
▼(-28.89% Downside)
Action:Reiterated
Date:05/15/26
The score is primarily held back by weak financial performance (no revenue, ongoing losses, and negative free cash flow), despite a low-debt, equity-supported balance sheet. Technicals are moderately supportive due to an uptrend, but overbought indicators raise near-term risk. Valuation remains challenged because losses make P/E less meaningful and no dividend yield is available.
Positive Factors
Low Leverage / Solvency
Zero reported debt in 2025 provides durable solvency support for an exploration company, lowering default and interest burden risk. This structural strength gives management flexibility to prioritize exploration programs and capital allocation without immediate refinancing pressure.
Negative Factors
No Revenue
Absence of operating revenue leaves the company dependent on external capital rather than generated cash, creating structural funding risk. For a minerals explorer, prolonged lack of monetization elevates execution risk and uncertainty around timing of commercial returns.
Read all positive and negative factors
Positive Factors
Negative Factors
Low Leverage / Solvency
Zero reported debt in 2025 provides durable solvency support for an exploration company, lowering default and interest burden risk. This structural strength gives management flexibility to prioritize exploration programs and capital allocation without immediate refinancing pressure.
Read all positive factors
Felix Gold Ltd. (FXG) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$132.57M
Dividend YieldN/A
Average Volume (3M)3.56M
Price to Earnings (P/E)―
Beta (1Y)2.38
Revenue GrowthN/A
EPS Growth22.77%
CountryAU
Employees110
SectorBasic Materials
Sector Strength58
IndustryOther Precious Metals
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding509,891,330
10 Day Avg. Volume2,900,208
30 Day Avg. Volume3,561,779
Financial Highlights & Ratios
PEG Ratio-1.29
Price to Book (P/B)1.08
Price to Sales (P/S)0.00
P/FCF Ratio-24.88
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
Felix Gold Ltd. Business Overview & Revenue Model
Company Description
Felix Gold Limited engages in the exploration of mineral projects in Alaska. It primarily explores for antimony, gold, and precious metal deposits. Felix Gold Limited was incorporated in 2020 and is headquartered in Brisbane, Australia....
How the Company Makes Money
Felix Gold Ltd. is an exploration-stage company, and specific, verifiable details on recurring operating revenue streams (e.g., product sales, service revenue, royalties) are not available in the provided context; therefore, a factual, company-spe...
Felix Gold Ltd. Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
63
Positive
Cash Flow
24
Negative
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -5.30K | -10.65K | -10.70K | -10.68K | -9.86K | 0.00 |
| EBITDA | -1.58M | -2.68M | -1.55M | -2.21M | -2.15M | 474.37K |
| Net Income | -4.95M | -2.69M | -1.56M | -2.22M | -2.15M | -949.00K |
Balance Sheet | ||||||
| Total Assets | 54.83M | 41.53M | 20.76M | 18.84M | 18.54M | 7.24M |
| Cash, Cash Equivalents and Short-Term Investments | 17.19M | 16.43M | 1.60M | 1.26M | 6.93M | 5.07M |
| Total Debt | 0.00 | 0.00 | 730.00K | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 1.22M | 2.60M | 951.81K | 133.55K | 743.01K | 80.38K |
| Stockholders Equity | 53.61M | 38.93M | 19.80M | 18.71M | 17.80M | 7.16M |
Cash Flow | ||||||
| Free Cash Flow | -3.19M | -1.68M | -1.02M | -8.33M | -7.66M | -2.89M |
| Operating Cash Flow | -2.77M | -1.62M | -1.02M | -1.57M | -1.90M | -716.13K |
| Investing Cash Flow | -16.65M | -4.35M | -2.11M | -6.77M | -5.91M | -2.18M |
| Financing Cash Flow | 28.57M | 20.80M | 3.48M | 2.66M | 9.65M | 7.97M |
Felix Gold Ltd. Technical Analysis
Negative
0.36
Price Trends
0.31
Negative
0.30
Negative
0.38
Negative
Market Momentum
-0.01
Positive
38.85
Neutral
8.42
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:FXG, the sentiment is Negative. The current price of 0.36 is above the 20-day moving average (MA) of 0.30, above the 50-day MA of 0.31, and below the 200-day MA of 0.38, indicating a bearish trend. The MACD of -0.01 indicates Positive momentum. The RSI at 38.85 is Neutral, neither overbought nor oversold. The STOCH value of 8.42 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:FXG.
Felix Gold 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% | |
54 Neutral | AU$265.48M | -80.65 | -5.88% | ― | -100.00% | -194.00% | |
50 Neutral | AU$267.21M | -1,300.00 | -5.45% | ― | ― | -176.00% | |
49 Neutral | AU$168.32M | -26.55 | -7.26% | ― | ― | -66.98% | |
47 Neutral | AU$132.57M | -108.33 | -10.71% | ― | ― | 22.77% | |
46 Neutral | AU$20.55M | -10.00 | -9.73% | ― | ― | 62.96% | |
43 Neutral | AU$34.39M | -2.46 | -50.09% | ― | 4939.45% | -187.90% |
* Basic Materials Sector Average
AU:FXG
Felix Gold Ltd.
0.26
0.14
108.00%
AU:TSO
Tesoro Gold
0.94
0.50
116.09%
AU:HAV
Havilah Resources Limited
0.75
0.58
341.18%
AU:AS1
Golden Rim Resources Ltd
0.13
0.08
160.00%
AU:KNB
Koonenberry Gold Limited
0.02
-0.02
-52.38%
AU:VTX
Vertex Minerals Ltd.
0.12
-0.14
-52.94%
Felix Gold Ltd. Corporate Events
Felix Gold appoints Ernst & Young as auditor to support expanding Alaska operations
Jun 28, 2026
Felix Gold Limited has appointed Ernst Young as its new auditor, filling a casual vacancy created by the resignation of PKF Brisbane Audit, which was accepted by the corporate regulator and will be subject to shareholder approval at the next gene...
Felix Gold Seeks ASX Quotation for Nearly 3 Million New Shares
Jun 22, 2026
Felix Gold Ltd. has applied for the quotation of 2,975,000 additional ordinary fully paid shares on the Australian Securities Exchange, with the securities issued on June 19, 2026. The new share quotation reflects the exercise or conversion of exi...
Felix Gold Seeks ASX Quotation for Nearly 5 Million New Shares
Jun 18, 2026
Felix Gold Ltd., an ASX-listed resources company trading under ticker FXG, has issued additional ordinary fully paid shares as part of its capital structure on the Australian Securities Exchange. The company continues to utilise the ASX platform t...
Felix Gold Seeks ASX Quotation for 1.9 Million New Shares
Jun 18, 2026
Felix Gold Ltd. has applied to the Australian Securities Exchange for quotation of 1,901,112 new ordinary fully paid shares, issued on 15 June 2026. The application, lodged as a new announcement under Appendix 2A, reflects the company’s ongo...
Felix Gold Director Reshapes Equity Stake Through Share Consolidation
Jun 16, 2026
Felix Gold Ltd. has reported a change in the interests of director Andrew Louis Linton Browne, detailing adjustments to his holdings of ordinary shares and options in the company. The filing notes that Browne, both directly and through entities RO...
Felix Gold starts bulk antimony extraction at Alaska’s Treasure Creek project
Jun 3, 2026
Felix Gold has begun extracting and stockpiling high-grade massive stibnite vein material at its Treasure Creek Antimony Project in Alaska, marking a transition from pure exploration to early-stage operational activity. The company has fully mobil...
Felix Gold Seeks ASX Quotation for Nearly 690,000 New Shares
Jun 1, 2026
Felix Gold Ltd. has applied to the ASX for quotation of 689,792 new ordinary fully paid shares, with an issue date of 1 June 2026. The application, lodged as an Appendix 2A, reflects the company’s ongoing adherence to ASX Listing Rules in ma...
Felix Gold Seeks ASX Quotation for 531,008 New Ordinary Shares
May 27, 2026
Felix Gold Ltd. has applied to the ASX for quotation of 531,008 new ordinary fully paid shares, issued on May 27, 2026. The listing of these additional securities modestly increases the company’s free float and could enhance trading liquidit...
Felix Gold Issues 500,000 Shares on Option Exercise Under Cleansing Notice
May 25, 2026
Felix Gold Limited has issued 500,000 fully paid ordinary shares following the exercise of unlisted options at an exercise price of $0.15 per share. The company has lodged a cleansing notice stating that these shares were issued without a prospect...
Felix Gold Seeks ASX Quotation for 500,000 New Ordinary Shares
May 25, 2026
Felix Gold Ltd., listed on the ASX under code FXG, has lodged an application for quotation of additional ordinary fully paid shares. The company’s filing confirms its corporate details but does not elaborate on its business operations or str...
Felix Gold Confirms High-Grade Near-Surface Gold and Antimony at Alaska’s NW Array
May 22, 2026
Felix Gold has reported final 2025 drilling assays from the NW Array prospect at its Treasure Creek Project in Alaska, confirming multiple zones of near-surface, higher-grade, structurally controlled gold alongside broader lower-grade halos. Sever...
Felix Gold Seeks ASX Quotation for 1 Million New Shares
May 11, 2026
Felix Gold Ltd. has applied to list 1,000,000 new ordinary fully paid shares on the Australian Securities Exchange, with the securities issued on May 11, 2026. The additional quotation expands the company’s listed capital base, potentially e...
Felix Gold Reminds Investors of June 2026 Expiry for Listed Options
May 10, 2026
Felix Gold Limited has notified holders of its listed options (ASX: FXGO) that these securities will expire at 5:00 p.m. AEDT on 19 June 2026, with each option exercisable at $0.15 for one fully paid ordinary share. Option holders may choose to ex...
Felix Gold advances high-grade U.S. antimony project with key permit and processing plans
Apr 30, 2026
Felix Gold has secured what it believes is the only active antimony bulk-sample permit in the U.S., allowing extraction of up to 1,600 tons of high-grade stibnite at its NW Array prospect in Alaska under a streamlined state-only permitting regime ...
Felix Gold Issues New Shares on Exercise of Options, Confirms Regulatory Compliance
Apr 22, 2026
Felix Gold Limited has issued 500,000 fully paid ordinary shares following the exercise of unlisted options at an exercise price of $0.12 per share. The company has confirmed that these shares were issued without a prospectus under the Corporation...
Felix Gold Lists 500,000 New Shares on ASX to Support Growth
Apr 22, 2026
Felix Gold Ltd. has applied to the ASX for quotation of 500,000 new fully paid ordinary shares, issued on April 22, 2026 under the code FXG. The additional securities, arising from the exercise or conversion of existing options or convertible inst...
Felix Gold Director Ronald Beevor Increases Indirect Shareholding via Directors’ Plan
Apr 13, 2026
Felix Gold has disclosed a change in the relevant interests of director Ronald Hugh Beevor, who holds his stake indirectly through entities ONEDIGGER Pty Ltd as trustee for the Digger Super Fund and Beevor Associates Pty Ltd. The filing shows Beev...
Felix Gold Issues New Shares Linked to Exploration Agreement
Apr 13, 2026
Felix Gold Limited has issued 2,104,001 new fully paid ordinary shares, including 104,001 shares under its Directors’ Share Plan and 2,000,000 shares pursuant to an exploration agreement with DG Resources. The company confirmed the shares we...
Felix Gold Issues 2.2 Million Unquoted Options in New Class
Apr 13, 2026
Felix Gold Ltd. has notified the market that it will issue 2.2 million unquoted options with an exercise price of $0.20 and an expiry date of April 13, 2029. The options, created as a new class of unquoted securities effective April 13, 2026, form...
Felix Gold Seeks ASX Quotation for Shares Issued Under DG Resources Exploration Deal
Apr 13, 2026
Felix Gold Ltd., an ASX-listed mineral exploration company trading under the code FXG, continues to build its asset base and funding flexibility through equity-linked project arrangements. Its business model relies on issuing ordinary fully paid s...
Felix Gold Seeks ASX Quotation for New Director Plan Shares
Apr 13, 2026
Felix Gold has applied to the ASX for quotation of 104,001 new ordinary fully paid shares issued on 13 April 2026 under its shareholder-approved Directors Share Plan. The move modestly increases the company’s quoted share capital and reflect...
Felix Gold Confirms New Near-Surface Gold Zones at Treasure Creek
Apr 2, 2026
Felix Gold has reported new assay results from its 2025 drilling campaign at the NW Array prospect within the Treasure Creek Project, confirming multiple near-surface gold zones hosted in fault breccias and fractured felsic rocks. The results demo...
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.