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GreenX Metals
(Sydney:GRX)
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Rating:48Neutral
Price Target:
AU$0.98
▼(-5.77% Downside)
Action:Reiterated
Date:10/02/26
The score is held down primarily by weak financial performance—zero/declining revenue, persistent and widening losses, and ongoing cash burn—despite a relatively low-leverage balance sheet. Technical indicators are neutral with mild longer-term support but limited momentum, while valuation is weak/unclear due to negative earnings and no dividend yield data.
Positive Factors
Low Leverage
Very low leverage reduces the immediate burden of debt service and preserves financial flexibility for an early-stage metals company. This gives management more room to fund exploration or development without relying primarily on additional borrowing, although losses remain a constraint.
Negative Factors
Revenue Deterioration
Revenue falling to zero after an earlier decline indicates very weak commercial traction and limited evidence of a functioning revenue base. Without recurring sales, the company has little operating scale to absorb costs, support investment, or demonstrate progress toward sustainable earnings.
Read all positive and negative factors
Positive Factors
Negative Factors
Low Leverage
Very low leverage reduces the immediate burden of debt service and preserves financial flexibility for an early-stage metals company. This gives management more room to fund exploration or development without relying primarily on additional borrowing, although losses remain a constraint.
Read all positive factors
GreenX Metals (GRX) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$293.52M
Dividend YieldN/A
Average Volume (3M)45.51K
Price to Earnings (P/E)―
Beta (1Y)0.28
Revenue GrowthN/A
EPS Growth-91.59%
CountryAU
Employees3
SectorBasic Materials
Sector Strength58
IndustryCopper
Share Statistics
EPS (TTM)-0.04
Shares Outstanding312,256,500
10 Day Avg. Volume21,827
30 Day Avg. Volume45,508
Financial Highlights & Ratios
PEG Ratio-0.24
Price to Book (P/B)14.78
Price to Sales (P/S)0.00
P/FCF Ratio-42.78
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
GreenX Metals Business Overview & Revenue Model
Company Description
Headquartered in Perth, Australia, GreenX Metals Limited concentrates on the discovery and evaluation of an arctic rift copper project located in Greenland. The company, which was established in 1957, officially changed its name from Prairie Minin...
How the Company Makes Money
null...
GreenX Metals 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 | 244.87K | 451.13K | 313.15K | 261.54K |
| Gross Profit | -298.78K | -268.54K | 460.00K | 313.15K | 261.54K |
| EBITDA | -6.24M | -5.75M | -3.71M | -2.91M | -4.22M |
| Net Income | -12.20M | -6.01M | -4.55M | -3.52M | -3.66M |
Balance Sheet | |||||
| Total Assets | 21.86M | 18.29M | 17.21M | 17.94M | 15.69M |
| Cash, Cash Equivalents and Short-Term Investments | 13.42M | 6.83M | 7.17M | 8.67M | 6.11M |
| Total Debt | 630.76K | 533.16K | 302.58K | 582.34K | 854.07K |
| Total Liabilities | 3.78M | 3.96M | 2.06M | 2.22M | 3.87M |
| Stockholders Equity | 18.13M | 14.33M | 15.15M | 15.72M | 11.81M |
Cash Flow | |||||
| Free Cash Flow | -6.26M | -3.56M | -5.12M | -4.85M | -4.44M |
| Operating Cash Flow | -6.25M | -3.56M | -3.49M | -2.60M | -2.37M |
| Investing Cash Flow | -703.83K | -1.22M | -1.63M | -3.98M | -2.04M |
| Financing Cash Flow | 13.54M | 4.43M | 3.62M | 9.15M | 5.75M |
GreenX Metals Technical Analysis
Negative
1.04
Price Trends
0.98
Negative
0.95
Negative
0.94
Positive
Market Momentum
-0.01
Positive
41.10
Neutral
17.08
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:GRX, the sentiment is Negative. The current price of 1.04 is above the 20-day moving average (MA) of 0.97, above the 50-day MA of 0.98, and above the 200-day MA of 0.94, indicating a neutral trend. The MACD of -0.01 indicates Positive momentum. The RSI at 41.10 is Neutral, neither overbought nor oversold. The STOCH value of 17.08 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:GRX.
GreenX Metals 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% | |
52 Neutral | AU$248.57M | -14.68 | -9.20% | ― | ― | 81.09% | |
48 Neutral | AU$293.52M | -23.29 | -97.40% | ― | ― | -91.59% | |
46 Neutral | AU$61.91M | -28.18 | -1.15% | ― | -100.00% | 99.56% | |
44 Neutral | AU$307.40M | -26.86 | -4.15% | ― | ― | 22.68% | |
40 Underperform | AU$131.31M | -7.30 | 634.53% | ― | ― | -163.77% |
* Basic Materials Sector Average
AU:GRX
GreenX Metals
0.94
0.20
27.03%
AU:HCH
Hot Chili Limited
1.52
0.57
59.47%
AU:CYM
Cyprium Metals Limited
0.43
<0.01
0.23%
AU:CVV
Caravel Minerals Limited
0.24
0.05
30.56%
AU:TNC
True North Copper
0.33
0.03
8.33%
GreenX Metals Corporate Events
GreenX Metals Files 2026 Corporate Governance Statement with ASX
Sep 30, 2026
GreenX Metals Limited has confirmed its corporate governance statement for the financial year ended 30 June 2026, in line with ASX Listing Rules and the ASX Corporate Governance Council recommendations. The statement, approved by the board, is hos...
GreenX Metals Publishes 2026 Annual Report Across Multiple Markets
Sep 30, 2026
GreenX Metals Limited has released its Annual Report for 2026, detailing its governance framework, financial statements and regulatory disclosures across its multi-market listings. The report underscores the company’s established oversight t...
GreenX Metals Sets 2026 AGM Date and Director Nomination Deadline
Sep 16, 2026
GreenX Metals Limited has scheduled its Annual General Meeting for 11 November 2026, where shareholders will vote on the re-election of directors and other governance matters. The company has set 23 September 2026 as the deadline for receiving nom...
GreenX Metals Issues New Shares Under Existing ASX-Quoted Class
Aug 7, 2026
GreenX Metals has issued 283,954 fully paid ordinary shares as part of its existing class of securities quoted on the Australian Securities Exchange, expanding its capital base. The company stated that the shares were issued without a prospectus u...
GreenX Metals Seeks ASX Quotation for Additional Ordinary Shares
Aug 7, 2026
GreenX Metals Limited has applied for the quotation of 283,954 new ordinary fully paid shares on the Australian Securities Exchange, with an issue date of 7 August 2026. The additional securities, which arise from previously announced transactions...
GreenX Metals Plans New Share Placement on ASX
Aug 5, 2026
GreenX Metals Limited has notified the ASX of a proposed issue of 283,954 ordinary fully paid shares. The new securities will be issued via a placement or similar mechanism, with the proposed issue date set for August 7, 2026, subject to ASX quota...
GreenX expands Greenland gold and critical minerals footprint with new Eleonore North licences
Aug 3, 2026
GreenX Metals has secured two new exploration licences in East Greenland, expanding its Eleonore North Project tenure to about 2,100 km² across four licences focused on reduced intrusion-related gold systems. The new 1,600 km² licences g...
GreenX Advances Tannenberg and Eleonore North as Arbitration Rulings Bolster Strategy
Jul 30, 2026
GreenX Metals has defined an exploration target at its Tannenberg copper project in Germany, indicating potential for a globally significant copper endowment based on both hanging wall and footwall mineralisation around the Kupferschiefer shale. T...
GreenX Metals Advances Critical Minerals Exploration at Greenland’s Eleonore North
Jul 21, 2026
GreenX Metals has launched its 2026 fieldwork program at the Eleonore North project in East Greenland, targeting gold, tungsten, and antimony mineralisation. The campaign underscores the company’s focus on critical raw materials in a politic...
GreenX Metals Grants Additional Incentive Options to Director Stoikovich
Jul 14, 2026
GreenX Metals has disclosed a change in Director Benjamin Stoikovich’s interests, following the issue of 1,500,000 new unlisted incentive options after shareholder approval. The options, exercisable at A$1.50 on or before 31 May 2031, increa...
GreenX Metals Issues 2.1 Million Long-Dated Unquoted Options
Jul 14, 2026
GreenX Metals Limited has notified the market of the issue of 2,100,000 unquoted options, exercisable at $1.50 and expiring on May 31, 2031. The options, recorded under the ASX security code GRXAC, were issued on July 14, 2026, and represent a new...
GreenX Metals Shareholders Back Executive Incentive Options at General Meeting
Jul 14, 2026
GreenX Metals Limited held a General Meeting of shareholders on 14 July 2026 at 10:00am AWST, with all resolutions conducted by poll in line with Australian corporate and ASX listing requirements. The meeting focused on approving incentive option ...
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.