Want to see AU:PR1 full AI Analyst Report?
Pure Resources Limited (PR1) AI Stock Analysis
Pure Resources Limited
(ASX:PR1)
The overall score of 40 is critically low, driven primarily by severe financial and technical weaknesses. The most significant factor is the company's deep unprofitability and high cash burn rate, which is rapidly eroding its only strength—a solid balance sheet. This fundamental risk is confirmed by a bearish technical trend, with the stock in a strong downtrend and showing no signs of momentum reversal. The negative P/E ratio further underscores the lack of earnings power. The company's survival hinges on its ability to secure additional funding before its cash reserves are depleted.
Pure Resources Limited (PR1) vs. iShares MSCI Australia ETF (EWA)
- Market Cap
- AUD 17.18M
- Dividend Yield
- ―
- Average Volume (3M)
- 26.64K
- Price to Earnings (P/E)
- -5.0
- Beta (1Y)
- 1.26
- Revenue Growth
- -33.12%
- EPS Growth
- -40.74%
- Country
- Australia
- Employees
- 148
- Sector
- Basic Materials
- Sector Strength
- 61
- Industry
- Other Precious Metals
Pure Resources Limited Business Overview & Revenue Model
Company Description
Pure Resources Limited engages in the acquisition, exploration, and development of mineral resource properties in Australia, Canada, Finland. It primarily explores for nickel, gold, copper, lithium, deposits. The company was incorporated in 2021 and...
Pure Resources Limited Financial Statement Overview
Summary
The company has a strong, debt-light balance sheet (Score 72), but this is overshadowed by deeply negative and worsening profitability (Score 35) and significant, persistent cash burn (Score 25). The nascent revenue is a positive step, but it is currently immaterial against operating costs, making the overall financial health precarious and dependent on its cash reserves.
Income Statement
35NegativeBalance Sheet
72PositiveCash Flow
25Negative| Breakdown | TTM | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 101.55K | 101.55K | 0 | 0 | 0 | 0 |
| Gross Profit | 58.15K | 58.15K | 0 | 0 | 0 | 0 |
| EBITDA | -2.08M | -2.08M | -1.71M | -954.05K | -699.09K | -1.30M |
| Net Income | -2.44M | -2.44M | -1.44M | -901.12K | -752.40K | -1.58M |
Balance Sheet | ||||||
| Total Assets | 5.31M | 5.31M | 2.40M | 2.87M | 4.00M | 4.57M |
| Cash, Cash Equivalents and Short-Term Investments | 3.67M | 3.67M | 481.89K | 1.24M | 2.54M | 4.21M |
| Total Debt | 75.16K | 75.16K | 110.78K | 36.97K | 75.16K | 122.39K |
| Total Liabilities | 476.80K | 476.80K | 284.45K | 144.25K | 364.54K | 252.23K |
| Stockholders Equity | 4.83M | 4.83M | 2.11M | 2.72M | 3.64M | 4.31M |
Cash Flow | ||||||
| Free Cash Flow | -1.45M | -1.45M | -1.47M | -1.48M | -1.66M | -33.31K |
| Operating Cash Flow | -1.45M | -1.45M | -1.42M | -1.08M | -476.61K | -543 |
| Investing Cash Flow | 107.55K | 107.55K | 49.10K | -168.31K | -1.18M | -32.77K |
| Financing Cash Flow | 4.52M | 4.52M | 603.92K | -42.00K | -19.20K | 4.70M |
Pure 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:PR1, the sentiment is Negative. The current price of 0.24 is below the 20-day moving average (MA) of 0.26, below the 50-day MA of 0.29, and below the 200-day MA of 0.36, indicating a bearish trend. The MACD of -0.02 indicates Positive momentum. The RSI at 34.05 is Neutral, neither overbought nor oversold. The STOCH value of 55.56 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:PR1.
Pure Resources Limited Peers Comparison
Overall Rating
AU:LIT46Neutral
AU:MGU43Neutral
AU:WIN43Neutral
AU:YUG41Neutral
AU:GRE40Underperform- AU:PR140Underperform
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:LIT | 46Neutral | AUD 13.71M | -3.00 | -42.15% | ― | -11.28% | 41.18% |
| AU:MGU | 43Neutral | AUD 19.28M | -1.09 | -114.28% | ― | ― | -231.58% |
| AU:WIN | 43Neutral | AUD 16.32M | -3.52 | -21.01% | ― | ― | 93.65% |
| AU:YUG | 41Neutral | AUD 21.56M | -3.85 | -81.89% | ― | ― | -41.30% |
| AU:GRE | 40Underperform | AUD 12.03M | -1.42 | -26.48% | ― | ― | 79.00% |
| AU:PR1 | 40Underperform | AUD 16.46M | -5.04 | -65.71% | ― | -33.12% | -40.74% |
* Basic Materials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| AU:PR1 | Pure Resources Limited | 0.23 | 0.04 | 21.05% | |
| AU:LIT | Lithium Australia NL | 0.01 | -0.00 | -16.67% | |
| AU:MGU | Magnum Mining and Exploration Limited | ― | ― | ― | |
| AU:WIN | Widgie Nickel Limited | 0.02 | -0.03 | -59.57% | |
| AU:YUG | Lykos Metals Limited | 0.05 | -0.00 | -5.66% | |
| AU:GRE | Greentech Metals Ltd. | 0.03 | -0.03 | -48.39% |
Pure Resources Limited Corporate Events
Pure Resources Files ASX Corporate Governance Statement and Appendix 4G
Pure Resources Limited has filed its corporate governance statement for the year ended 30 June 2026, making it accessible to shareholders through its investor website in line with ASX requirements. The document sets out how the company applies the AS...
Pure Resources Releases 2026 Annual Report and Cash Flow Reconciliation
Pure Resources Limited has released its Annual Report and full year statutory accounts for the financial year ended 30 June 2026. The company, listed on the ASX and based in Western Australia, continues to operate within the resources sector and adhe...
Pure Resources advances rare earth recovery project with Oak Ridge lab
Pure Resources has advanced its collaboration with the U.S. Oak Ridge National Laboratory on a Strategic Partnership Project to recover a full suite of rare earth elements from garnet sourced at its Garnet Hills Project. The programme has moved into...
Pure Resources plans issue of 400,000 long-dated options
Pure Resources Limited has lodged a notice with the ASX for a proposed issue of securities, outlining its plan to issue up to 400,000 options under the code PR1OC. The options are scheduled for issue on 4 September 2026 and will expire on 11 December...
Pure Resources strengthens TEMPERON programme with key hire and breakthrough CNTF performance data
Pure Resources Limited has consolidated its carbon nanotube fibre thermal management activities under the TEMPERON brand, formalising a single identity for its technology and future products while maintaining its existing research collaboration with...
Pure Resources Adds Former Navy Chief to Advisory Board to Bolster Defence Strategy
Pure Resources has appointed retired Vice Admiral Michael Noonan, former Chief of the Royal Australian Navy, to its advisory board for a twelve-month term to support execution of its Defence Materials Platform strategy in Australia. His role includes...
Pure Resources pivots to defence-focused advanced materials platform
Pure Resources Limited has formalised a Defence Materials Platform Strategy that consolidates premium andradite garnet, large to jumbo flake graphite and heavy rare earth element streams from its Garnet Hills Project into a unified, defence-aligned a...
Pure Resources issues new shares on option exercise, boosts free float
Pure Resources Limited has issued 110,000 fully paid ordinary shares following the exercise of listed options priced at $0.25 each, expiring in December 2028. The shares were issued without a prospectus under existing Corporations Act provisions, ref...
Pure Resources Seeks ASX Quotation for Additional Ordinary Shares
Pure Resources Limited has lodged an application with the ASX for quotation of 110,000 ordinary fully paid shares under its ticker PR1, issued on 28 July 2026. The modest increase in quoted securities slightly broadens the company’s share base,...
Pure Resources validates premium garnet quality as Garnet Hills testwork advances
Pure Resources has advanced metallurgical work on its Garnet Hills Project, with independent laboratories in Malaysia confirming that its garnet product is clean, well graded and compliant with international abrasive standards, including minimum hard...
Pure Resources offloads non-core Mt Monger gold project while retaining upside
Pure Resources Limited has agreed to sell its non-core Mt Monger gold exploration project in Western Australia to AFT Gold Assets for A$20,000 in cash at settlement. The company describes Mt Monger as a legacy asset that no longer aligns with its str...
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 16, 2026