Skip to main content
TipRanks
Go Ultimate75% OFF

New Age Exploration Limited (NAE) AI Stock Analysis

9 Followers
AU:NAE

New Age Exploration Limited

(ASX:NAE)

Select Model
Rating:43Neutral
Price Target:AUD 0.02â–²(20.00% Upside)
Action:reiterated
Date:11/11/26

The score is primarily constrained by weak financial performance, with recurring losses, minimal/inconsistent revenue, and sustained negative free cash flow. The lack of debt and positive equity provide some balance sheet support, but valuation is also hindered by negative earnings (negative P/E), and technical positioning cannot be assessed due to missing indicators.

Positive Factors
Debt-free balance sheetZero reported debt reduces interest burden and near-term refinancing pressure, giving the company greater financial flexibility while it advances exploration. This balance-sheet feature can help preserve available capital for project work and limit solvency risk during periods without operating revenue.
Negative Factors
Minimal and inconsistent revenueThe absence of meaningful, reliable revenue indicates that the exploration portfolio is not currently generating an operating income base. This leaves financial performance dependent on funding and future project outcomes, making earnings visibility and commercial self-sufficiency weak over the coming periods.

New Age Exploration Limited (NAE) vs. iShares MSCI Australia ETF (EWA)

-20%-10%0%10%20%30%AU:NAE-20.00%EWA+16.85%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
Market Cap
AUD 4.56M
Dividend Yield
―
Average Volume (3M)
1.07M
Price to Earnings (P/E)
-1.4
Beta (1Y)
1.86
Revenue Growth
―
EPS Growth
-47.83%
Country
Australia
Employees
20
Sector
Basic Materials
Sector Strength
61
Industry
Industrial Materials

New Age Exploration Limited Business Overview & Revenue Model

Company Description

New Age Exploration Limited is a company engaged in the exploration and development of mineral and metal resources. Its core activities revolve around gold projects situated in the United Kingdom, Australia, and New Zealand. In Western Australia, the...

New Age Exploration Limited Financial Statement Overview

Summary

Overall financial quality is very weak: the income statement shows minimal/inconsistent revenue (including a drop to zero) with recurring operating and net losses, and cash flow remains consistently negative with ongoing free cash flow burn. The main offsetting positive is the balance sheet showing zero debt and positive equity, which reduces near-term solvency risk but does not resolve the underlying profitability and cash generation issues.

Income Statement

8Very Negative

Balance Sheet

60Neutral

Cash Flow

18Very Negative
Financial statement breakdown
BreakdownTTMJun 2026Jun 2025Jun 2024Jun 2023Jun 2022
Income Statement
Total Revenue00362000
Gross Profit0-5,156362-10.91K-14.78K-10.69K
EBITDA-1.81M-1.80M-2.15M-3.40M-1.13M-1.17M
Net Income-4.21M-4.21M-1.51M-3.45M-1.16M-1.18M
Balance Sheet
Total Assets6.67M6.67M6.28M4.92M5.10M6.11M
Cash, Cash Equivalents and Short-Term Investments1.57M1.57M581.73K1.40M1.84M4.18M
Total Debt000000
Total Liabilities420.95K420.95K210.46K316.89K295.08K141.22K
Stockholders Equity6.25M6.25M6.07M4.61M4.81M5.97M
Cash Flow
Free Cash Flow-2.41M-2.41M-4.29M-2.28M-2.34M-2.18M
Operating Cash Flow-929.02K-929.02K-1.41M-1.31M-1.08M-1.22M
Investing Cash Flow-1.56M-1.56M-2.90M-975.08K-1.26M-962.89K
Financing Cash Flow3.51M3.51M3.47M1.85M2.34M-9,672

New Age Exploration Limited Peers Comparison

Overall Rating

UnderperformOutperform
Sector (61)

Financial Indicators

AU:NAE 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:EV1AU:EV145NeutralAUD 6.53M-2.58-27.88%――70.75%
AU:NWMAU:NWM45NeutralAUD 8.11M-20.00-4.80%――66.67%
AU:PKOAU:PKO43NeutralAUD 26.85M-10.24-106.77%――42.86%
AU:NAEAU:NAE43NeutralAUD 5.43M-1.38-55.20%――-47.83%
AU:KOBAU:KOB42NeutralAUD 5.71M-1.01-40.85%――9.62%
AU:SLBAU:SLB37UnderperformAUD 19.20M-5.64-52.37%―-91.26%10.96%

* Basic Materials Sector Average

Performance Comparison

0%100%200%300%AU:NAEAU:PKOAU:EV1AU:NWMAU:KOBAU:SLBDec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
AU:NAE and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
AU:NAENew Age Exploration Limited0.02-0.01-20.00%
AU:PKOPeako Limited0.01-0.00-9.09%
AU:EV1Evolution Energy Minerals Limited0.01-0.00-9.09%
AU:NWMNorwest Minerals Ltd.0.010.000.00%
AU:KOBKoba Resources Limited0.02-0.05-74.29%
AU:SLBStelar Metals Limited0.220.15214.29%

New Age Exploration Limited Corporate Events

NZP&M Says NAE’s New Zealand Permit Interests Vested in Crown

Nov 9, 2026

New Age Exploration Limited has participating interests in three New Zealand minerals permits comprising the Lammerlaw Gold-Antimony Project in Otago, New Zealand. NZP&M advised that the company had been removed from the New Zealand Companies Registe...

New Age Exploration Shareholders Approve All AGM Resolutions

Nov 5, 2026

New Age Exploration Limited, listed on the Australian Securities Exchange under the ticker NAE, reported that shareholders approved all resolutions at its annual general meeting. The resolutions covered the remuneration report, director re-election,...

New Age Exploration Advances Lammerlaw and Wallah Projects Amid Tight Cash Position

Oct 30, 2026

New Age Exploration reported further assay results from Phase 2 drilling at its Lammerlaw gold-antimony project in Otago, highlighting standout hole LAMRC015 and a broad alteration and gold mineralisation footprint at the Bella Prospect and along the...

New Age Exploration Plans Security Consolidation Across Capital Structure

Oct 7, 2026

New Age Exploration Limited has announced a security consolidation affecting its ordinary fully paid shares, listed options and performance rights. The move will reorganise its capital structure, with trading in the post-consolidation securities comm...

New Age Exploration Sets 2026 AGM, Moves to Digital Notices

Oct 7, 2026

New Age Exploration Limited has scheduled its 2026 Annual General Meeting for 5 November in Melbourne, with the notice of meeting made available electronically to comply with updated Corporations Act provisions on document delivery. Shareholders who...

New Age Exploration Sets November 2026 AGM to Vote on Pay and Board Re-election

Oct 6, 2026

New Age Exploration Limited has called its Annual General Meeting for 10:00 a.m. AEDT on 5 November 2026 at its Melbourne offices, setting the shareholder record date as 3 November 2026. The meeting will consider the company’s annual report for the y...

New Age Exploration Flags Broad Mineralised Zone in First Wallah Drill Hole

Oct 6, 2026

New Age Exploration has completed the first phase of drilling at its Wallah Silver Project in New South Wales, consisting of a single 225.7m hole combining an open-hole pre-collar and a diamond tail. The program was scaled back from two holes after t...

New Age Exploration Files 2026 Corporate Governance Statement With ASX

Sep 10, 2026

New Age Exploration Limited has lodged its annual corporate governance statement for the year ended 30 June 2026 with the ASX, confirming compliance with Listing Rules on governance disclosure. The statement, current as of 10 September 2026, outlines...

New Age Exploration Starts Phase 1 Drilling at Wallah Silver Project

Aug 31, 2026

New Age Exploration Limited has appointed an experienced drilling contractor to undertake the Phase 1 campaign at its Wallah Silver Project in New South Wales, comprising two holes for about 300 metres of drilling. The program, starting in early Sept...

NAE Drilling Confirms Widespread Gold Mineralisation at Lammerlaw’s Bella Prospect

Aug 28, 2026

New Age Exploration Limited has reported a second tranche of assay results from 13 reverse circulation and diamond drillholes at the Bella Prospect, part of its Phase 2 2026 drilling program at the Lammerlaw Gold-Antimony Project in Otago, New Zealan...

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 11, 2026