Want to see AU:POL full AI Analyst Report?
Top Page
Polymetals Resources Ltd.
(Sydney:POL)
Select Model
Select Model
Rating:50Neutral
Price Target:
AU$0.79
â–¼(-22.55% Downside)
Action:Reiterated
Date:09/06/26
The score is held back primarily by weak financial performance—large losses, negative gross profit, sustained cash burn, and elevated leverage despite strong revenue growth. Technicals are moderately positive (price above key moving averages and positive MACD), providing some support, while valuation is limited by negative earnings and no dividend yield data.
Positive Factors
Revenue scale-up
The sharp FY2026 revenue increase indicates substantial scaling of the company’s operating activity and project base. If this growth can be sustained, greater revenue volume could improve operating leverage, support development investment, and strengthen the platform for future earnings conversion.
Negative Factors
Deep operating losses
Negative gross profit and a large net loss show that the current revenue base is not yet covering the cost structure. Persistent losses limit internally funded growth, weaken shareholder returns, and make future financial performance highly dependent on achieving meaningful margin improvement.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue scale-up
The sharp FY2026 revenue increase indicates substantial scaling of the company’s operating activity and project base. If this growth can be sustained, greater revenue volume could improve operating leverage, support development investment, and strengthen the platform for future earnings conversion.
Read all positive factors
Polymetals Resources Ltd. (POL) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$240.57M
Dividend YieldN/A
Average Volume (3M)728.57K
Price to Earnings (P/E)―
Beta (1Y)1.55
Revenue Growth7017609.82%
EPS Growth24.94%
CountryAU
Employees221
SectorBasic Materials
Sector Strength58
IndustryOther Precious Metals
Share Statistics
EPS (TTM)-0.16
Shares Outstanding308,426,150
10 Day Avg. Volume600,327
30 Day Avg. Volume728,570
Financial Highlights & Ratios
PEG Ratio0.17
Price to Book (P/B)10.46
Price to Sales (P/S)2.21
P/FCF Ratio-7.37
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$1.13Price Target Upside10.29% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)0.35
Revenue Forecast (FY)AU$334.98M
Polymetals Resources Ltd. Business Overview & Revenue Model
Company Description
Polymetals Resources Ltd engages in the exploration and development of gold projects in West Africa. The company holds interests in the Alahiné licence covering an area of approximately 64.2 square kilometers; and the Mansala licence covering an a...
Polymetals Resources Ltd. Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
34
Negative
Cash Flow
22
Negative
| Breakdown | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 100.00M | 335.42K | 427.67K | 1.13K | 1.12K |
| Gross Profit | -26.23M | -16.91M | 427.67K | -7.16K | -1.35K |
| EBITDA | -31.37M | -41.62M | -3.19M | -7.79M | -1.13M |
| Net Income | -47.04M | -47.85M | -3.27M | -7.80M | -814.73K |
Balance Sheet | |||||
| Total Assets | 118.46M | 97.27M | 30.94M | 21.54M | 5.83M |
| Cash, Cash Equivalents and Short-Term Investments | 19.66M | 8.38M | 7.88M | 2.62M | 1.50M |
| Total Debt | 27.82M | 26.83M | 2.51M | 1.35M | 0.00 |
| Total Liabilities | 97.38M | 78.47M | 4.11M | 3.12M | 235.97K |
| Stockholders Equity | 21.09M | 18.79M | 26.83M | 18.42M | -1.51M |
Cash Flow | |||||
| Free Cash Flow | -29.93M | -49.43M | -7.58M | -4.08M | -3.16M |
| Operating Cash Flow | -26.40M | -36.84M | -3.34M | -1.68M | -711.59K |
| Investing Cash Flow | -4.66M | -12.62M | -4.25M | -2.40M | -2.45M |
| Financing Cash Flow | 42.45M | 49.87M | 12.83M | 5.20M | -348.52K |
Polymetals Resources Ltd. Technical Analysis
Negative
1.02
Price Trends
0.89
Negative
0.85
Negative
0.93
Negative
Market Momentum
-0.03
Positive
37.48
Neutral
28.82
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:POL, the sentiment is Negative. The current price of 1.02 is above the 20-day moving average (MA) of 0.83, above the 50-day MA of 0.89, and above the 200-day MA of 0.93, indicating a bearish trend. The MACD of -0.03 indicates Positive momentum. The RSI at 37.48 is Neutral, neither overbought nor oversold. The STOCH value of 28.82 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:POL.
Polymetals Resources Ltd. Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | AU$354.88M | 7.50 | 51.83% | 4.92% | 60.14% | ― | |
75 Outperform | AU$267.59M | 3.52 | 25.21% | 4.01% | 28.38% | 127.83% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
54 Neutral | AU$349.77M | -32.86 | -5.89% | ― | ― | 9.68% | |
50 Neutral | AU$240.57M | -3.80 | -172.15% | ― | 7017609.82% | 24.94% | |
47 Neutral | AU$261.67M | -54.35 | -4.59% | ― | ― | -53.33% |
* Basic Materials Sector Average
AU:POL
Polymetals Resources Ltd.
0.78
-0.51
-39.53%
AU:BCN
Beacon Minerals
3.05
0.65
27.03%
AU:TBR
Tribune Resources Limited
5.10
-1.83
-26.45%
AU:STN
Saturn Metals Ltd.
0.47
-0.09
-16.22%
AU:AS1
Golden Rim Resources Ltd
0.13
0.04
47.06%
Polymetals Resources Ltd. Corporate Events
Manulife Exits Substantial Holder Status in Polymetals Resources
Sep 30, 2026
Manulife Financial Corporation has notified Polymetals Resources Ltd. that it has ceased to be a substantial holder in the company following the sale of 6,722,647 ordinary shares on 14 September 2026. The change, recorded via a statutory Form 605 ...
Polymetals completes Upper Main Lode drilling at Endeavor mine
Sep 29, 2026
Polymetals Resources has completed underground drilling on the Upper Main Lode at its Endeavor silver-zinc-lead mine, finalising a program that confirmed a significant new mineral resource and tested a revised geological model of the historic subs...
Polymetals Issues New Shares Under Employee Retention Scheme
Sep 23, 2026
Polymetals Resources Ltd. has issued 312,472 new shares under its Employee Retention Share Scheme, expanding its share capital to support staff retention initiatives. The shares were issued to exempt investors without a disclosure document, in lin...
Polymetals Director Increases Stake via Employee Share Plan
Sep 23, 2026
Polymetals Resources Ltd has reported a change in director Alistair Heatley Barton’s interests in the company’s securities, reflecting both direct and indirect holdings through his superannuation fund and joint holdings with his spouse...
Polymetals director boosts holding via retention share plan
Sep 23, 2026
Polymetals Resources has disclosed a change in the interests of director David William Sproule, who has increased his direct holding by 20,000 fully paid ordinary shares. The additional shares were issued to Sproule under the company’s Emplo...
Polymetals Resources Seeks ASX Quotation for Additional Shares
Sep 23, 2026
Polymetals Resources Ltd has applied for quotation on the ASX of 312,472 new ordinary fully paid shares issued on 23 September 2026. The securities, which include shares issued under an employee incentive scheme, will expand the company’s qu...
Polymetals Resources lodges ASX corporate governance disclosures for FY26
Sep 8, 2026
Polymetals Resources Ltd has lodged its corporate governance statement and related Appendix 4G with the ASX for the financial year ended 30 June 2026, confirming compliance with key governance disclosure requirements. The statement, current as of ...
Polymetals Resources Sets Out ASX-Aligned Governance and Diversity Framework
Sep 8, 2026
Polymetals Resources Ltd has detailed its corporate governance framework as it readies for ASX listing, outlining board responsibilities, supporting committees and formal agreements with directors and executives. The structure is designed to meet ...
Polymetals Transitions Endeavor Mine From Restart to Revenue
Sep 8, 2026
Polymetals Resources Ltd is an Australian mining company listed on the ASX under the ticker POL. It operates the Endeavor Mine in Cobar, New South Wales, producing mineral concentrates and aiming to build sustainable shareholder value through its ...
Polymetals boosts Endeavor resource with high-grade Upper Main Lode upgrade
Sep 6, 2026
Polymetals Resources has reported an updated mineral resource estimate for the Endeavor Mine, lifting the global in-situ resource to 20.7 million tonnes at 7.5% zinc, 4.2% lead and 82 grams per tonne silver, despite ongoing mining depletion and mo...
Polymetals Sets Date and Nomination Deadline for 2026 AGM
Aug 25, 2026
Polymetals Resources Ltd has scheduled its 2026 Annual General Meeting for Thursday 12 November 2026, setting Wednesday 30 September 2026 as the closing date for written nominations from individuals seeking election as directors. The company will ...
Polymetals Charts Rapid Restart and Revenue Ramp-Up at Endeavor Mine
Aug 13, 2026
Polymetals Resources has outlined a rapid restart and production ramp-up at the Endeavor Silver Zinc Mine, acquired in August 2024 as a cornerstone asset in its silver and zinc strategy. The mine moved from acquisition to first ore processing by M...
Polymetals Fast-Tracks Endeavor Mine From Restart to Revenue
Aug 13, 2026
Polymetals Resources has charted a rapid execution path at the Endeavor Silver Zinc Mine, moving from its acquisition of the asset in August 2024 to first ore crushing and processing by May 2025. This quick transition underscores the company’...
Polymetals Drilling Strengthens High-Grade Resource Potential at Endeavor Mine
Aug 11, 2026
Polymetals Resources has reported further strong underground drilling results from the upper Main Lode at the Endeavor Mine, confirming broad zones of high-grade silver-lead-zinc-gold sulphide mineralisation near the historic 1996 subsidence area....
Polymetals Resources Boosts Director’s Equity Under Long-Term Incentive Plan
Aug 6, 2026
Polymetals Resources Ltd. has disclosed a change in director Jess Oram’s interests in the company’s securities, reflecting the use of its Employee Share Plan to reward management. Oram holds shares both directly and indirectly through ...
Polymetals Director Sproule Increases Stake via Employee Share Plan
Aug 6, 2026
Polymetals Resources Ltd. has reported a change in the shareholding interests of director David William Sproule, as required under ASX listing rules. The disclosure details his direct and indirect holdings through various family, trust and superan...
Polymetals to List Additional Shares from Employee Incentive Scheme on ASX
Aug 6, 2026
Polymetals Resources Ltd has applied to the ASX for quotation of 618,750 ordinary fully paid shares, following the cessation of transfer restrictions on securities previously issued under an employee incentive scheme. The additional quoted shares ...
Polymetals Secures Full Ownership of Endeavor Mine Infrastructure
Jul 30, 2026
Polymetals Resources Ltd has completed the acquisition of 100% ownership of Cobar Infrastructure Pty Ltd, which holds the Endeavor Mine in New South Wales, following the discharge of vendor security. This marks a major step in consolidating the co...
Polymetals Secures Endeavor Mine Bond and Takes Full Ownership of Cobar Assets
Jul 27, 2026
Polymetals Resources Ltd, an Australian silver and zinc miner, is focused on operating and expanding the Endeavor Mine in New South Wales’ Cobar Basin while pursuing near-mine and regional exploration to grow its precious and base metals res...
Polymetals drills high-grade zones at Endeavor Mine, advances resource modelling
Jul 21, 2026
Polymetals Resources has reported further strong underground diamond drilling results from the upper Main Lode at the Endeavor Mine, with all nine new drillholes intersecting broad zones of high-grade silver-lead-zinc mineralisation. The consisten...
Polymetals Drilling Confirms High-Grade Zones at Endeavor Mine
Jul 21, 2026
Polymetals Resources has reported further strong underground diamond drilling results from the upper Main Lode at the Endeavor Mine in Cobar, confirming broad, continuous zones of high-grade silver-lead-zinc mineralisation. All nine new drillholes...
Polymetals boosts cash, cuts debt as Endeavor Mine rebuild gains momentum
Jul 13, 2026
Polymetals Resources reported a strong June 2026 quarter as it continued rebuilding the Endeavor Mine, delivering operational cash flow of $10.4 million, a 65% increase in revenue to $45.8 million, and a 29% reduction in debt to $10.7 million whil...
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.