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North Stawell Minerals, Ltd. (NSM) AI Stock Analysis

AU:NSM

North Stawell Minerals, Ltd.

(ASX:NSM)

Select Model
Rating:41Neutral
Price Target:AUD 0.02â–²(6.25% Upside)
Action:reiterated
Date:10/24/26

The score is primarily constrained by persistent losses, no revenue, negative cash flow, and weak technical momentum. The debt-free balance sheet and equity cushion provide some support, but they do not offset the company’s continuing funding needs and lack of profitability.

Positive Factors
Debt-Free Balance SheetZero reported debt reduces financial risk and avoids interest obligations that could burden an exploration company before it generates revenue. This gives North Stawell Minerals greater flexibility to direct available resources toward geological work, drilling, and project evaluation.
Negative Factors
No Revenue or ProfitabilityZero reported revenue and recurring losses show that North Stawell Minerals has not established a self-funding operating model. Without visible top-line traction, the company remains dependent on exploration outcomes and external capital rather than internally generated earnings to support its activities.

North Stawell Minerals, Ltd. (NSM) vs. iShares MSCI Australia ETF (EWA)

-60%-40%-20%0%20%AU:NSM-54.05%EWA+15.36%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
AUD 6.61M
Dividend Yield
―
Average Volume (3M)
71.78K
Price to Earnings (P/E)
-4.9
Beta (1Y)
0.55
Revenue Growth
―
EPS Growth
-16.67%
Country
Australia
Employees
0
Sector
Basic Materials
Sector Strength
61
Industry
Gold

North Stawell Minerals, Ltd. Business Overview & Revenue Model

Company Description

North Stawell Minerals Limited is an Australian company primarily focused on the prospecting, evaluation, and advancement of gold resources. The firm holds a significant portfolio of prospective mineral tenements and pending applications, strategical...

North Stawell Minerals, Ltd. Financial Statement Overview

Summary

Financial performance is weak overall: the company has no revenue, recurring losses, and negative operating and free cash flow. Its debt-free balance sheet and sizeable shareholder equity provide meaningful support, but ongoing cash burn and reliance on external funding remain substantial risks.

Income Statement

15Very Negative

Balance Sheet

70Positive

Cash Flow

30Negative
Financial statement breakdown
BreakdownTTMJun 2026Jun 2025Jun 2024Jun 2023Jun 2022
Income Statement
Total Revenue000000
Gross Profit0-1,292-101.28K-41.63K-56.32K-34.91K
EBITDA-1.29M-1.29M-789.67K-1.84M-1.80M-2.03M
Net Income-1.24M-1.24M-697.03K-1.88M-1.86M-2.02M
Balance Sheet
Total Assets15.18M15.18M14.32M12.83M14.00M15.72M
Cash, Cash Equivalents and Short-Term Investments707.96K707.96K1.05M472.13K2.18M6.67M
Total Debt000000
Total Liabilities410.81K410.81K251.92K322.76K428.50K449.15K
Stockholders Equity14.77M14.77M14.06M12.50M13.58M15.28M
Cash Flow
Free Cash Flow-1.21M-1.21M-1.76M-1.57M-5.19M-5.11M
Operating Cash Flow-1.20M-1.20M-755.76K-1.57M-1.66M-1.57M
Investing Cash Flow-1.09M-1.09M-867.65K-726.64K-3.03M-3.54M
Financing Cash Flow1.94M1.94M2.20M786.21K00

North Stawell Minerals, Ltd. Technical Analysis

Technical Analysis SentimentNegative
Last Price0.02

Price Trends

50DMA0.02Negative
100DMA0.02Negative
200DMA0.02Negative

Market Momentum

MACD-0.00Negative
RSI36.40Neutral
STOCH50.00Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:NSM, the sentiment is Negative. The current price of 0.02 is below the 20-day moving average (MA) of 0.02, below the 50-day MA of 0.02, and below the 200-day MA of 0.02, indicating a neutral trend. The MACD of -0.00 indicates Negative momentum. The RSI at 36.40 is Neutral, neither overbought nor oversold. The STOCH value of 50.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:NSM.

North Stawell Minerals, Ltd. Peers Comparison

Overall Rating

UnderperformOutperform
Sector (61)

Financial Indicators

AU:NSM 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:FNRAU:FNR46NeutralAUD 10.36M-11.78-12.64%――-28.00%
AU:ALYAU:ALY45NeutralAUD 8.32M-2.12-40.74%――-190.91%
AU:TMBAU:TMB42NeutralAUD 7.80M-3.07-18.74%――61.74%
AU:NSMAU:NSM41NeutralAUD 6.61M-4.86-8.22%――-16.67%
AU:DBOAU:DBO38UnderperformAUD 4.87M-1.73-40.61%――22.39%

* Basic Materials Sector Average

Performance Comparison

-75%-50%-25%0%25%AU:NSMAU:ALYAU:TMBAU:DBOAU:FNRAU:49MDec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
AU:NSM and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
AU:NSMNorth Stawell Minerals, Ltd.0.02-0.02-54.05%
AU:ALYAlchemy Resources Limited0.010.000.00%
AU:TMBTambourah Metals Ltd0.03-0.07-69.00%
AU:DBODiablo Resources Limited0.01-0.01-54.55%
AU:FNRFar Northern Resources Limited0.14-0.02-9.38%
AU:49M49 Metals Limited0.09-0.08-48.48%

North Stawell Minerals, Ltd. Corporate Events

North Stawell Minerals Sets AGM Date and Director Nomination Deadline

Oct 19, 2026

North Stawell Minerals Ltd has scheduled its 2026 Annual General Meeting for Monday, 30 November 2026, with detailed documentation to be circulated to shareholders in a forthcoming notice. In line with its constitution, the company has set 26 October...

North Stawell Minerals Expands Equity Base With New Share Issue

Sep 30, 2026

North Stawell Minerals has issued 14,722,221 fully paid ordinary shares at $0.018 per share, relying on a disclosure exemption under the Corporations Act. The company confirmed it is compliant with its continuous reporting obligations and stated ther...

North Stawell Minerals Expands ASX-Quoted Share Base

Sep 30, 2026

North Stawell Minerals Ltd has applied for the quotation of 14,722,221 ordinary fully paid shares on the ASX, expanding its listed securities under the NSM ticker. The new shares, issued on September 30, 2026, form part of previously announced transa...

North Stawell Minerals Publishes 2026 Financial Statements and Governance Reports

Sep 29, 2026

North Stawell Minerals Limited has released its financial statements for the year ended 30 June 2026, accompanied by a full suite of corporate governance and reporting documents. The package includes the chairman’s letter, directors’ repo...

North Stawell Minerals Raises $250,000 to Advance Darlington Exploration

Sep 28, 2026

North Stawell Minerals has secured binding agreements for a $250,000 share placement, issuing 13,888,889 new fully paid ordinary shares at $0.018 each to sophisticated and professional investors. The placement price represents roughly a 9% discount t...

North Stawell Minerals Plans Share Placement to Raise Growth Capital

Sep 28, 2026

North Stawell Minerals has lodged a notice with the ASX for a proposed placement of up to 14,722,221 new fully paid ordinary shares. The new securities are expected to be issued on 2 October 2026, expanding the company’s share base and providin...

North Stawell Extends Darlington Gold Structure, Highlights Stawell-Style Potential

Sep 21, 2026

North Stawell Minerals has reported results from diamond drill hole NSD063 at its Darlington Prospect, about 6 km north of Stawell in Victoria, identifying a narrow gold intercept that extends a known mineralised vein system at depth and along strike...

North Stawell Minerals Reaffirms Stawell Corridor Gold Exploration Data

Sep 11, 2026

North Stawell Minerals has outlined the geological controls on mineralisation in the Stawell Corridor, highlighting its focus on exploration targets and resource definition in Victoria’s Tasmanides region. The company reiterates that all explor...

North Stawell Minerals Reaffirms JORC Compliance and Issues Comprehensive Disclosure Disclaimer

Aug 25, 2026

North Stawell Minerals Ltd. is an Australian gold exploration company operating in Victoria, where it focuses on identifying and reporting mineral resources under the 2012 JORC Code. Its technical disclosures are compiled by a Competent Person and it...

North Stawell Extends High-Grade Gold System at Darlington Prospect

Aug 24, 2026

North Stawell Minerals has reported that diamond drill hole NSD062 at its Darlington prospect intersected 0.4 metres at 17.1 grams per tonne gold from 98.6 metres, extending high-grade mineralisation more than 70 metres north of a previous standout i...

North Stawell Minerals Posts Cash Outflows as Exploration Spend Stays High

Jul 31, 2026

North Stawell Minerals reported a net operating cash outflow of A$203,800 for the June quarter, bringing year-to-date operating outflows to A$1.15 million, largely driven by staff and corporate costs. Exploration and evaluation spending also remained...

North Stawell Minerals Expands Gold Targets Along Darlington–Caledonia Corridor

Jul 31, 2026

North Stawell Minerals reported that follow-up diamond drilling has commenced at the Darlington prospect to test strike extensions of a previously identified high-grade gold intercept, while recent air core drilling has expanded gold mineralisation a...

North Stawell flags new gold targets after successful IP survey

Jul 29, 2026

North Stawell Minerals has completed a six-line, 6.5 km dipole–dipole IP geophysical survey across its Darlington and Forsaken prospects to test for mineralised zones concealed beneath 30–50 m of sedimentary cover. The strongest chargeabi...

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: Oct 24, 2026