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MinRex Resources Limited (NRL) AI Stock Analysis
MinRex Resources Limited
(ASX:NRL)
The score is primarily constrained by weak financial performance (no stable revenue base, persistent losses, and ongoing cash burn) and a soft technical setup (below key longer-term moving averages with bearish MACD). A low-debt balance sheet and improved equity position provide some support, but negative earnings (negative P/E) and lack of dividend yield data limit valuation support.
MinRex Resources Limited (NRL) vs. iShares MSCI Australia ETF (EWA)
- Market Cap
- AUD 21.43M
- Dividend Yield
- ―
- Average Volume (3M)
- 1.55M
- Price to Earnings (P/E)
- -10.8
- Beta (1Y)
- 1.01
- Revenue Growth
- ―
- EPS Growth
- 18.18%
- Country
- Australia
- Employees
- 0
- Sector
- Basic Materials
- Sector Strength
- 61
- Industry
- Other Precious Metals
MinRex Resources Limited Business Overview & Revenue Model
Company Description
Northstone Resources Ltd. engages in the business of exploration and development of gold, base metal, and tin projects in Australia. Its projects include Tlamo, Timok East, and Sofala. It operates through the following geographical segments: Australi...
MinRex Resources Limited Financial Statement Overview
Summary
Financial profile is high-risk and exploration-stage: revenue is minimal/volatile (including dropping to zero in 2026), losses persist (~A$2.4m net loss in both 2025 and 2026), and operating/free cash flow remain negative. The main offsetting strength is a low-debt balance sheet and a stronger equity position in 2026, which provides some funding runway.
Income Statement
12Very NegativeBalance Sheet
66PositiveCash Flow
28Negative| Breakdown | TTM | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0 | 0 | 32.38K | 6,021 | 0 | 0 |
| Gross Profit | -7,173 | -7,173 | 32.38K | -70.31K | -113.36K | -66.82K |
| EBITDA | -2.08M | -1.92M | -2.80M | -4.23M | -17.19M | -2.65M |
| Net Income | -2.43M | -2.43M | -2.36M | -4.30M | -17.31M | -2.72M |
Balance Sheet | ||||||
| Total Assets | 29.66M | 29.66M | 12.95M | 14.81M | 19.03M | 34.60M |
| Cash, Cash Equivalents and Short-Term Investments | 6.05M | 6.05M | 499.32K | 9.94M | 11.69M | 14.19M |
| Total Debt | 0 | 0 | 0 | 71.73K | 105.03K | 129.71K |
| Total Liabilities | 995.06K | 995.06K | 192.14K | 270.44K | 532.39K | 475.47K |
| Stockholders Equity | 28.67M | 28.67M | 12.76M | 14.53M | 18.50M | 34.12M |
Cash Flow | ||||||
| Free Cash Flow | -1.42M | -2.08M | -1.23M | -2.13M | -3.69M | -2.65M |
| Operating Cash Flow | -1.38M | -2.04M | -1.23M | -1.98M | -3.54M | -2.35M |
| Investing Cash Flow | -121.32K | 8.35M | -174.42K | -7.94M | -192.45K | -232.13K |
| Financing Cash Flow | -748.88K | -748.88K | 171.50K | -37.81K | 1.23M | 14.32M |
MinRex Resources Limited Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:NRL, the sentiment is Negative. The current price of 0.01 is below the 20-day moving average (MA) of 0.01, below the 50-day MA of 0.01, and below the 200-day MA of 0.02, indicating a bearish trend. The MACD of -0.00 indicates Negative momentum. The RSI at 31.97 is Neutral, neither overbought nor oversold. The STOCH value of -16.67 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:NRL.
MinRex Resources Limited Peers Comparison
Overall Rating
AU:S2R53Neutral
AU:RCM51Neutral
AU:JLL44Neutral- AU:NRL44Neutral
AU:PL938Underperform
AU:WCE34Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| Sector * | 61Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% |
| AU:S2R | 53Neutral | AUD 32.43M | 2.45 | 50.59% | ― | ― | ― |
| AU:RCM | 51Neutral | AUD 23.92M | 1.99 | 57.37% | ― | ― | ― |
| AU:JLL | 44Neutral | AUD 37.87M | -4.09 | -22.65% | ― | ― | -2.81% |
| AU:NRL | 44Neutral | AUD 21.43M | -10.83 | -11.91% | ― | ― | 18.18% |
| AU:PL9 | 38Underperform | AUD 28.90M | 12.50 | -0.46% | ― | ― | ― |
| AU:WCE | 34Underperform | AUD 23.09M | -1261.98 | -0.21% | ― | ― | 27.27% |
* Basic Materials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| AU:NRL | MinRex Resources Limited | 0.01 | -0.00 | -23.08% | |
| AU:S2R | S2 Resources Ltd. | 0.06 | -0.03 | -30.68% | |
| AU:JLL | Jindalee Resources Limited | 0.30 | -0.22 | -42.64% | |
| AU:RCM | Armada Metals Ltd. | 0.02 | -0.03 | -56.52% | |
| AU:WCE | Errawarra Resources Ltd. | 0.05 | -0.09 | -62.14% | |
| AU:PL9 | Arizona Lithium Limited | ― | ― | ― |
MinRex Resources Limited Corporate Events
Northstone Resources Sets AGM Date and Pushes Digital Access for Shareholders
Northstone Resources Limited has convened its Annual General Meeting for 30 November 2026 in West Perth, with the session scheduled to start at 2:30pm AWST. The company is shifting towards electronic dissemination of its Notice of Meeting and related...
Northstone Resources calls 2026 AGM to vote on financials and executive pay
Northstone Resources Limited has called its annual general meeting for 30 November 2026 in West Perth, setting 28 November as the record date to determine voting eligibility. The meeting will consider the company’s financial statements for the...
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: Oct 28, 2026