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Sunshine Gold Ltd (SHN) AI Stock Analysis
Sunshine Gold Ltd
(ASX:SHN)
The overall score reflects Sunshine Gold Ltd’s high‑risk, early‑stage status: a strong, low‑debt balance sheet and expanding asset base are outweighed by the absence of revenue, ongoing losses, and continued cash burn, while weak technical trends and very high volatility further dampen the risk‑adjusted appeal, and a negative P/E with no dividend provides little valuation support.
Sunshine Gold Ltd (SHN) vs. iShares MSCI Australia ETF (EWA)
- Market Cap
- AUD 79.16M
- Dividend Yield
- ―
- Average Volume (3M)
- 4.99M
- Price to Earnings (P/E)
- -58.6
- Beta (1Y)
- 2.63
- Revenue Growth
- ―
- EPS Growth
- 61.54%
- Country
- Australia
- Employees
- 961
- Sector
- Basic Materials
- Sector Strength
- 61
- Industry
- Other Precious Metals
Sunshine Gold Ltd Business Overview & Revenue Model
Company Description
Sunshine Metals Limited engages in the exploration and development of mineral projects in Australia. The company explores for copper, gold, zinc, lead, and silver, as well as molybdenite and base metal deposits. It holds 100% interest in the Ravenswo...
Sunshine Gold Ltd Financial Statement Overview
Summary
Financial performance is constrained by a pre‑revenue profile, persistent net losses, and negative operating and free cash flows, partly offset by a strong, low‑debt balance sheet with growing equity and assets.
Income Statement
28NegativeBalance Sheet
78PositiveCash Flow
35Negative| Breakdown | TTM | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0 | 0 | 0 | 0 | 0 | 0 |
| Gross Profit | 0 | -52.38K | -80.30K | -122.00K | -1.31M | -390.00K |
| EBITDA | -2.33M | -2.33M | -1.48M | -6.81M | -2.18M | -1.28M |
| Net Income | -1.22M | -1.22M | -2.27M | -6.93M | -3.49M | -1.67M |
Balance Sheet | ||||||
| Total Assets | 66.86M | 66.86M | 18.04M | 17.29M | 16.74M | 12.44M |
| Cash, Cash Equivalents and Short-Term Investments | 20.57M | 20.57M | 1.92M | 3.39M | 3.33M | 1.85M |
| Total Debt | 138.48K | 138.48K | 122.18K | 86.46K | 185.97K | 268.29K |
| Total Liabilities | 19.89M | 19.89M | 2.56M | 2.58M | 2.12M | 982.28K |
| Stockholders Equity | 46.97M | 46.97M | 15.48M | 14.71M | 14.62M | 11.45M |
Cash Flow | ||||||
| Free Cash Flow | -1.11M | -1.11M | -5.34M | -6.86M | -5.17M | -5.14M |
| Operating Cash Flow | -1.11M | -1.11M | -837.66K | -713.42K | -1.23M | -1.03M |
| Investing Cash Flow | -12.26M | -12.26M | -3.48M | -6.17M | -3.80M | -4.15M |
| Financing Cash Flow | 32.01M | 32.01M | 2.84M | 6.95M | 6.50M | 4.84M |
Sunshine Gold Ltd Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:SHN, 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 0.03, and below the 200-day MA of 0.03, indicating a bearish trend. The MACD of -0.00 indicates Negative momentum. The RSI at 2.08 is Positive, neither overbought nor oversold. The STOCH value of -50.00 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:SHN.
Sunshine Gold Ltd Peers Comparison
Overall Rating
AU:AGD64Neutral
AU:FEG48Neutral- AU:SHN47Neutral
AU:G5040Underperform
AU:FXG37Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| AU:AGD | 64Neutral | AUD 80.17M | 1.67 | 78.58% | ― | 157.71% | ― |
| Sector * | 61Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% |
| AU:FEG | 48Neutral | AUD 47.96M | -5.25 | -20.06% | ― | ― | -7.35% |
| AU:SHN | 47Neutral | AUD 79.16M | -58.57 | -3.59% | ― | ― | 61.54% |
| AU:G50 | 40Underperform | AUD 78.50M | -19.21 | -18.77% | ― | ― | 50.30% |
| AU:FXG | 37Underperform | AUD 72.29M | -7.14 | -18.80% | ― | ― | -133.33% |
* Basic Materials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| AU:SHN | Sunshine Gold Ltd | 0.02 | -0.00 | -12.00% | |
| AU:AGD | Austral Gold Limited | 0.12 | 0.03 | 39.53% | |
| AU:G50 | Gold 50 Ltd. | 0.32 | -0.15 | -32.98% | |
| AU:FEG | Far East Gold Ltd | 0.12 | -0.02 | -14.81% | |
| AU:FXG | Felix Gold Ltd. | 0.14 | -0.35 | -71.43% | |
| AU:MPK | Many Peaks Gold Ltd. | 1.06 | 0.36 | 51.43% |
Sunshine Gold Ltd Corporate Events
Sunshine Metals Posts Higher Cash Outflows as Exploration Spending Rises
Sunshine Metals Limited is a mining exploration entity focused on mineral resource projects rather than production or customer-facing operations. The company invests primarily in exploration and evaluation activities, alongside property, plant and eq...
Sunshine Metals Advances Ravenswood Project With Upgraded Liontown Resource
Sunshine Metals reported a significant upgrade to the Liontown resource within its Ravenswood Consolidated Project, lifting the total to 7.3 million tonnes at 3.2 grams per tonne gold equivalent for 745,000 ounces recoverable. The company’s upd...
Sunshine Metals launches first drilling at Burdekin Veins within Sybil gold project
Sunshine Metals has begun a 28-hole, 2,680m reverse circulation drilling program at its Sybil Epithermal Gold Project in North Queensland, marking the first drill tests at the Burdekin Veins and Cisco prospects while following up high-grade results a...
Sunshine Metals maps pathway to gold production in North Queensland
Sunshine Metals Limited has outlined its progress toward establishing a clear pathway to gold production in North Queensland. Leveraging full ownership of the Mt Moss processing facility and the high-grade Liontown deposit, the company is consolidati...
Sunshine Metals Calls AGM, Seeks Approval for Equity Issuance Mandate
Sunshine Metals Limited has called its annual general meeting for 18 November 2026 in Townsville, inviting shareholders to review the company’s financial statements for the year ended 30 June 2026. The session will cover the director’s de...
Sunshine Metals Sets AGM as Queensland Exploration Portfolio Grows
Sunshine Metals Limited has called its Annual General Meeting for 18 November 2026 in Townsville, with meeting materials provided electronically and proxy voting encouraged ahead of the deadline. The board-authorised notice outlines logistical arrang...
Sunshine Metals consolidates North Queensland resources as it advances toward gold production
Sunshine Metals Ltd has outlined its North Queensland portfolio as a mix of gold‑copper rich footwall lodes and zinc‑lead‑silver dominant contact lodes at its Liontown project, where gold and zinc respectively account for the majori...
Sunshine Metals expands gold footprint at Sybil ahead of Mt Moss restart
Sunshine Metals has extended the gold mineralisation footprint at its Sybil project in North Queensland following a 66-hole, 4,357 metre reverse circulation drilling campaign. The latest results confirm high-grade mineralisation along the A Vein at F...
Sunshine Metals Discloses New Director’s Significant Equity Stake
Sunshine Metals Limited, also known as Sunshine Gold Ltd, operates in the metals and mining sector, with a focus on gold and related mineral assets. The company is listed on the ASX and its capital structure includes fully paid ordinary shares and va...
Sunshine Metals Issues 14.5 Million Employee Incentive Options
Sunshine Metals Limited has announced the issue of 14,500,000 unquoted options under an employee incentive scheme, exercisable at $0.06 and expiring on 1 October 2029. The move is designed to align staff interests with long-term shareholder value and...
Sunshine Metals Releases 2026 Annual Financial Report
Sunshine Metals Limited has released its annual financial report for the year ended 30 June 2026, outlining its consolidated financial performance, position and cash flows. The report also details changes in equity, governance practices and additiona...
Sunshine Metals boosts Liontown economics in updated mining study
Sunshine Metals has released an updated Mining Study for its Liontown project in North Queensland, setting a production target of roughly 80,000 ounces of gold and 952,000 ounces of silver from a combined open pit and underground operation. The study...
Sunshine Metals Keeps Mt Moss Refurbishment on Track for Mid-2027 Gold Start
Sunshine Metals reports that refurbishment of its Mt Moss processing facility in northern Queensland is progressing on schedule, with decommissioning of legacy magnetite equipment, mill upgrades, infrastructure assessments and camp re-establishment l...
Sunshine Metals Expands ASX-Quoted Equity Through Option Exercise
Sunshine Metals Limited has issued 2,165,423 fully paid ordinary shares following the exercise of options, adding to its class of securities quoted on the ASX. The new shares may be offered for sale in the market, modestly expanding the company’...
Sunshine Metals Seeks ASX Quotation for Additional Shares
Sunshine Metals Limited has lodged a new application with the ASX for quotation of additional ordinary fully paid shares under the code SHN. The move reflects the company’s ongoing use of equity markets to support its corporate and operational...
Sunshine Metals Begins RC Drilling at Sybil Epithermal Gold Project
Sunshine Metals has launched a 4,528m reverse circulation drilling program at its Sybil Epithermal Gold Project, part of the Ravenswood Consolidated Project in Queensland. The campaign covers 72 holes across the Francis Creek, Francis Creek East and...
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 07, 2026