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Greenwing Resources Ltd (AU:GW1)
ASX:GW1

Greenwing Resources Ltd (GW1) AI Stock Analysis

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AU

Greenwing Resources Ltd

(Sydney:GW1)

Rating:33Underperform
Price Target:
Greenwing Resources Ltd faces significant financial challenges with ongoing losses and negative cash flow, affecting its overall financial performance. Technical indicators suggest continued downward momentum, and the negative P/E ratio underscores a poor valuation. These factors heavily weigh on its overall stock score.

Greenwing Resources Ltd (GW1) vs. iShares MSCI Australia ETF (EWA)

Greenwing Resources Ltd Business Overview & Revenue Model

Company DescriptionGreenwing Resources Ltd (GW1) is a resource exploration and development company primarily focused on the mining and development of lithium and graphite projects. The company operates within the sectors of mineral exploration and mining, aiming to supply critical materials essential for renewable energy technologies and electric vehicles. Greenwing Resources holds interests in various exploration projects across strategic locations, positioning itself as a key player in the sustainable energy supply chain.
How the Company Makes MoneyGreenwing Resources Ltd generates revenue primarily through the exploration, development, and potential sale of lithium and graphite resources. The company's key revenue streams involve discovering viable mineral deposits, developing these resources to a point where they can be economically extracted, and entering into agreements or partnerships for their sale or joint development. Significant factors contributing to its earnings include the rising demand for lithium and graphite due to the global shift towards renewable energy and electric vehicles, as well as strategic partnerships with other mining companies or end-users in the renewable technology sectors. The company also benefits from government policies promoting clean energy and electric vehicle adoption, which drive the demand for its core products.

Greenwing Resources Ltd Financial Statement Overview

Summary
Greenwing Resources Ltd is struggling to achieve profitability and positive cash flow with negative margins and declining revenues. Despite some improvements in the balance sheet, such as a manageable debt-to-equity ratio and increased stockholders' equity, the company is hindered by significant operational and financial challenges.
Income Statement
15
Very Negative
Greenwing Resources Ltd has consistently reported negative net income and gross profit over the years, indicating ongoing financial difficulties. The company has shown no revenue growth, with total revenue dropping to zero in recent periods, which highlights a lack of operational progress. The EBIT and EBITDA margins are also negative, reinforcing the company's ongoing profitability challenges.
Balance Sheet
35
Negative
The company has a manageable debt-to-equity ratio, and stockholders' equity has increased in recent years, indicating some balance sheet stability. However, the consistent overall losses impact the return on equity negatively. The equity ratio appears to be improving, reflecting a stronger capital structure, but liabilities remain significant.
Cash Flow
25
Negative
Greenwing Resources Ltd has faced challenges with negative free cash flow and operating cash flow, indicating poor cash generation from operations. While the company has reduced its negative free cash flow, it still remains in a precarious position. The operating cash flow to net income ratio is unfavorable, reflecting inefficiencies in converting income into cash.
Breakdown
TTMJun 2024Jun 2023Jun 2022Jun 2021Jun 2020
Income StatementTotal Revenue
0.000.000.000.0019.14K1.42M
Gross Profit
-110.00K-71.91K-151.00K-150.00K-8.44K-1.20M
EBIT
-635.00K-1.25M-3.16M-2.46M-1.16M-12.10M
EBITDA
-390.00K-1.10M-3.23M-2.57M-4.98M-10.96M
Net Income Common Stockholders
-1.03M-1.99M-4.52M-4.20M-6.28M-12.63M
Balance SheetCash, Cash Equivalents and Short-Term Investments
537.94K708.67K8.05M1.90M598.50K1.71M
Total Assets
25.57M24.89M25.17M15.19M9.90M10.56M
Total Debt
376.44K465.90K10.17M3.97M4.34M5.59M
Net Debt
-161.49K-242.77K2.12M2.08M3.75M3.88M
Total Liabilities
7.70M8.41M12.33M5.66M5.75M8.05M
Stockholders Equity
17.87M16.48M12.84M9.53M4.14M2.51M
Cash FlowFree Cash Flow
106.89K-1.62M-5.49M-4.15M-1.95M-5.89M
Operating Cash Flow
111.39K-825.38K-1.84M-1.88M-1.04M-4.87M
Investing Cash Flow
-4.75M-7.59M-3.65M-2.26M-831.91K-990.08K
Financing Cash Flow
1.87M1.28M11.45M5.47M771.34K6.02M

Greenwing Resources Ltd Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.02
Price Trends
50DMA
0.03
Negative
100DMA
0.03
Negative
200DMA
0.04
Negative
Market Momentum
MACD
>-0.01
Positive
RSI
36.40
Neutral
STOCH
15.87
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:GW1, the sentiment is Negative. The current price of 0.02 is below the 20-day moving average (MA) of 0.03, below the 50-day MA of 0.03, and below the 200-day MA of 0.04, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 36.40 is Neutral, neither overbought nor oversold. The STOCH value of 15.87 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:GW1.

Greenwing Resources Ltd Peers Comparison

Overall Rating
UnderperformOutperform
Sector (44)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
AUSYA
51
Neutral
$184.69M-17.81%87.89%-344.44%
AUCXO
47
Neutral
AU$188.59M-21.25%-70.50%62.71%
44
Neutral
C$973.16M-6.67-13.31%2.72%17.60%-31.88%
AUINR
38
Underperform
$247.78M-4.75%-175.00%
AULTR
36
Underperform
AU$1.59B-6.32%3.33%
AUGW1
33
Underperform
$6.67M-6.32%60.45%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:GW1
Greenwing Resources Ltd
0.02
-0.02
-45.45%
AU:INR
ioneer Limited
0.10
-0.05
-34.48%
AU:SYA
Sayona Mining
0.02
-0.02
-55.88%
AU:LTR
Liontown Resources Limited
0.66
-0.26
-28.02%
AU:CXO
Core Lithium Ltd
0.08
<0.01
6.33%

Greenwing Resources Ltd Corporate Events

Greenwing Resources Expands Lithium and Graphite Projects
Apr 30, 2025

Greenwing Resources Ltd has made significant progress in its San Jorge Lithium Project in Argentina, with a maiden Mineral Resource Estimate of 1.07 Mt of Lithium Carbonate Equivalent. The company has completed additional surveys indicating substantial extensions of lithium-bearing brine, enhancing the project’s scope. In Madagascar, Greenwing is progressing its graphite and lithium projects amid a changing regulatory environment, while in Tasmania, it has updated the mineral resource estimate for the Que River Project, indicating potential for expansion.

Greenwing Resources Ltd Highlights Strategic Focus in Investor Presentation
Apr 28, 2025

Greenwing Resources Ltd has released an investor presentation, emphasizing the company’s ongoing commitment to mineral exploration and production. The document includes disclaimers about forward-looking statements, highlighting the potential risks and uncertainties involved in future projections. This announcement underscores Greenwing’s strategic focus on expanding its resource base and enhancing its market position, which could have significant implications for stakeholders and the company’s future operations.

Greenwing Resources Announces Proposed Securities Issue
Apr 28, 2025

Greenwing Resources Ltd has announced a proposed issue of 83,333,333 ordinary fully paid securities, with the issue date set for May 6, 2025. This move is part of a placement or other type of issue, potentially impacting the company’s financial structure and market positioning by increasing its capital base.

Greenwing Resources Announces Securities Issue to Boost Capital
Apr 28, 2025

Greenwing Resources Ltd has announced a proposed issue of 33,333,333 ordinary fully paid securities under a securities purchase plan. This move is part of the company’s strategy to raise capital, potentially impacting its financial position and market operations by providing additional funds for its ongoing and future projects.

Greenwing Resources Initiates $3.5M Equity Raising for Project Expansion
Apr 28, 2025

Greenwing Resources Ltd announced an equity raising initiative to generate up to $3.5 million through a two-tranche placement and a share purchase plan (SPP). The funds will be used for various projects, including drilling and maintenance activities across its lithium, polymetallic, and graphite projects, as well as for general working capital. This move is expected to strengthen the company’s financial position and support its ongoing exploration and development efforts.

Greenwing Resources Ltd Initiates Trading Halt for Pending Equity Announcement
Apr 23, 2025

Greenwing Resources Ltd, a company listed on the Australian Securities Exchange (ASX) under the ticker GW1, has requested a trading halt on its securities. This halt is pending the release of an announcement related to an equity raising, which is expected to impact the company’s financial strategy. The trading halt will remain in effect until the announcement is made or until normal trading resumes on April 28, 2025, whichever comes first.

Greenwing Resources Ltd Releases Investor Presentation Highlighting Strategic Plans
Apr 11, 2025

Greenwing Resources Ltd has released an investor presentation, emphasizing its commitment to transparency and communication with stakeholders. The presentation outlines the company’s strategic plans and potential future developments, although it cautions that forward-looking statements are subject to various risks and uncertainties.

Greenwing Resources Identifies High-Grade Targets at Que River Project
Apr 7, 2025

Greenwing Resources Ltd has announced significant exploration updates at its Que River Polymetallic Project in northwest Tasmania. The company has identified high-grade exploration targets with potential for both open cut and underground mining, particularly in the southern extensions of the PQ Lens. With improved commodity prices, Greenwing plans to pursue targeted exploration and mine planning to capitalize on these findings, potentially enhancing its resource base and long-term value.

Greenwing Resources Identifies New Exploration Potential at Que River Project
Apr 2, 2025

Greenwing Resources Ltd has identified significant open cut targets and exploration potential at its Que River Polymetallic Project in Tasmania. The company is evaluating development options following an updated Mineral Resource Estimate, with a focus on expanding the resource and assessing potential depth extensions and additional open pits. The project is strategically located and offers substantial exploration upside, which could enhance the company’s operations and market positioning.

Greenwing Resources Updates Que River Mineral Resource, Highlighting Redevelopment Potential
Mar 25, 2025

Greenwing Resources Ltd has announced an updated mineral resource estimate for its Que River Project in Tasmania, highlighting a total resource of 2.4 million tonnes with significant zinc, lead, copper, gold, and silver content. The reassessment of the project, which was previously mined for high-grade base metals, underscores its potential for redevelopment due to rising global metal prices and advancements in extraction technologies. The project is strategically positioned with secure tenure, proximity to infrastructure, and substantial exploration potential, offering a strong opportunity to enhance stakeholder value.

Greenwing Resources Ltd Releases Half-Year Financial Report
Mar 14, 2025

Greenwing Resources Ltd has released its half-year financial report for the period ending December 31, 2024. The report includes comprehensive financial statements, a directors’ report, and an auditor’s independence declaration. This release provides stakeholders with insights into the company’s financial health and operational performance over the past six months, which could impact future strategic decisions and market positioning.

Greenwing Resources Updates Que River Polymetallic Resource
Mar 9, 2025

Greenwing Resources Ltd has announced an update on its Que River Project in North West Tasmania, which includes a high-grade polymetallic resource. The company is preparing to release an updated JORC 2012 compliant resource estimate. The Que River Project, which previously supplied ore to nearby operations, has potential for expansion with open pitable zones and extensions to previously mined areas. The appointment of Chris Godfrey as Chief Operating Officer is expected to enhance the project’s operational oversight. The company’s strategic reappraisal of the project emphasizes environmental best practices and aims to add considerable value.

Greenwing Resources Announces New Securities Issue to Bolster Growth
Feb 28, 2025

Greenwing Resources Ltd has announced a proposed issue of 2,500,000 new securities, exercisable at $0.12 each, with an issue date set for March 31, 2025. This strategic move is aimed at raising capital to support the company’s growth initiatives, potentially strengthening its market position and offering new opportunities for stakeholders.

Greenwing Resources Updates on San Jorge Agreement and Strategic Initiatives
Feb 28, 2025

Greenwing Resources Ltd has announced several corporate updates, including an amendment to the San Jorge Option Agreement, deferring a payment to November 2025. The company has also initiated discussions with NIO Inc regarding a call option to acquire a stake in Andes Litio SA, which holds rights to the San Jorge Project. Additionally, Greenwing has appointed Prenzler Group Pty Ltd as a corporate advisor and confirmed extensions and options related to its funding strategies. These developments are part of Greenwing’s strategic efforts to strengthen its financial position and enhance its market presence in the critical minerals sector.

Greenwing Resources Unveils Promising Graphite Findings at Andapa Project
Feb 26, 2025

Greenwing Resources Ltd has completed an auger drilling program at its Andapa Graphite Project in Madagascar, revealing significant shallow graphite mineralization across two graphitic units. The results indicate promising potential for further development, given the project’s proximity to existing infrastructure and operating mines, enhancing Greenwing’s position in the graphite industry.

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.