Want to see AU:SQX full AI Analyst Report?
Top Page
SQX Resources Limited
(Sydney:SQX)
Select Model
Select Model
Rating:43Neutral
Price Target:
AU$0.04
▼(-58.00% Downside)
Action:Reiterated
Date:10/15/26
The score is primarily held down by weak financial performance (no recent revenue, ongoing losses, and negative operating/free cash flow) and bearish technical positioning (price below key moving averages with negative MACD and low RSI). A low-leverage balance sheet and stronger equity base provide some support, but valuation is limited by losses and no indicated dividend.
Positive Factors
Low leverage
The absence of material debt reduces interest obligations and refinancing exposure while preserving flexibility during the exploration phase. A lightly leveraged balance sheet gives SQX more capacity to allocate capital toward geological work and potential resource development without servicing a large debt burden.
Negative Factors
No recent revenue
The absence of revenue in the three most recent annual periods shows that SQX has not yet established a recurring commercial income base. This leaves future financial performance dependent on exploration outcomes or external funding rather than internally generated sales, reducing earnings visibility.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage
The absence of material debt reduces interest obligations and refinancing exposure while preserving flexibility during the exploration phase. A lightly leveraged balance sheet gives SQX more capacity to allocate capital toward geological work and potential resource development without servicing a large debt burden.
Read all positive factors
SQX Resources Limited (SQX) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$5.86M
Dividend YieldN/A
Average Volume (3M)116.65K
Price to Earnings (P/E)―
Beta (1Y)0.54
Revenue GrowthN/A
EPS Growth-9.66%
CountryAU
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryOther Precious Metals
Share Statistics
EPS (TTM)-0.05
Shares Outstanding154,250,000
10 Day Avg. Volume70,114
30 Day Avg. Volume116,648
Financial Highlights & Ratios
PEG Ratio-0.15
Price to Book (P/B)<0.01
Price to Sales (P/S)0.00
P/FCF Ratio-0.94
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
SQX Resources Limited Business Overview & Revenue Model
Company Description
SQX Resources Limited operates as a mineral exploration and development company in Australia and the United States. The company explores for copper and gold deposits. It holds interests in properties located in Arizona and Montana in the United St...
How the Company Makes Money
SQX Resources Limited’s primary business activity is mineral exploration rather than ongoing commercial production. As a result, detailed, company-specific recurring operating revenue streams from product sales (e.g., mined commodities) are not pu...
SQX Resources Limited Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
62
Positive
Cash Flow
28
Negative
| Breakdown | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 |
|---|---|---|---|---|
Income Statement | ||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 25.18K |
| Gross Profit | 0.00 | 0.00 | 0.00 | 25.18K |
| EBITDA | -1.83K | ― | ― | ― |
| Net Income | -1.83K | -977.00 | -756.00 | -1.44K |
Balance Sheet | ||||
| Total Assets | 8.62M | 2.33M | 3.31M | 3.96M |
| Cash, Cash Equivalents and Short-Term Investments | 583.25K | 1.50M | 2.18M | 2.97M |
| Total Debt | 0.00 | 3.96K | 18.22K | 0.00 |
| Total Liabilities | 185.18K | 102.80K | 104.89K | 96.00K |
| Stockholders Equity | 8.19M | 2.23M | 3.21M | 3.87M |
Cash Flow | ||||
| Free Cash Flow | -2.77K | -666.00 | -778.00 | -1.49K |
| Operating Cash Flow | -1.17K | -631.00 | -577.00 | -527.00 |
| Investing Cash Flow | -1.60K | -35.00 | -201.00 | -965.24K |
| Financing Cash Flow | 1.86K | -14.00 | -10.00 | 4.23M |
SQX Resources Limited Technical Analysis
Negative
0.10
Price Trends
0.05
Negative
0.05
Negative
0.09
Negative
Market Momentum
>-0.01
Positive
34.08
Neutral
29.63
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:SQX, the sentiment is Negative. The current price of 0.1 is above the 20-day moving average (MA) of 0.04, above the 50-day MA of 0.05, and above the 200-day MA of 0.09, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 34.08 is Neutral, neither overbought nor oversold. The STOCH value of 29.63 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:SQX.
SQX Resources Limited Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
56 Neutral | AU$22.99M | -4.44 | -238.43% | ― | 390.93% | 50.65% | |
45 Neutral | AU$3.53M | -10.00 | -30.34% | ― | ― | 52.00% | |
45 Neutral | AU$8.82M | -6.00 | -10.82% | ― | ― | 7.41% | |
44 Neutral | AU$4.34M | -0.58 | -45.74% | ― | ― | 83.09% | |
43 Neutral | AU$5.86M | -0.80 | -0.03% | ― | ― | -9.66% | |
36 Underperform | AU$2.57M | -0.54 | -119.59% | ― | ― | 49.67% |
* Basic Materials Sector Average
AU:SQX
SQX Resources Limited
0.04
-0.10
-71.64%
AU:COY
Coppermoly Limited
0.01
>-0.01
-23.08%
AU:AS2
Askari Metals Limited
0.01
0.00
0.00%
AU:ALV
Alvo Minerals Limited
0.07
0.04
134.48%
AU:CBY
Canterbury Resources Ltd.
0.03
<0.01
3.45%
AU:ATT
Copper Search Ltd.
0.01
-0.02
-66.67%
SQX Resources Limited Corporate Events
SQX Resources Files ASX Corporate Governance Statement and Appendix 4G
Sep 30, 2026
SQX Resources Limited has lodged its corporate governance statement and Appendix 4G with the ASX for the financial year ended 30 June 2026, confirming compliance with Listing Rules 4.7.3, 4.7.4 and 4.10.3. The statement, approved by the board as o...
SQX Resources Sets 2026 AGM Date and Director Nomination Deadline
Sep 22, 2026
SQX Resources Limited has announced that its Annual General Meeting will be held on 10 November 2026, in line with ASX Listing Rule requirements. The meeting will include the re-election and appointment of directors, highlighting a scheduled gover...
SQX Resources Seeks ASX Quotation for 37.5 Million New Shares
Sep 22, 2026
SQX Resources Limited has applied to the Australian Securities Exchange for quotation of 37,515,914 new ordinary fully paid shares under its ASX code SQX. The securities are being issued as part of previously announced transactions, indicating a m...
SQX Resources Seeks ASX Quotation for Over 24 Million New Shares
Sep 21, 2026
SQX Resources Limited, an ASX-listed resources company trading under the code SQX, has moved to expand its pool of ordinary fully paid shares. While the filing does not specify project details or commodity focus, the capital markets activity under...
SQX Resources Raises $2.47m in Underwritten Entitlement Offer to Fund Gold-Silver Exploration
Sep 21, 2026
SQX Resources Limited has completed a fully underwritten 2-for-3 non-renounceable entitlement offer, raising $2.468 million before costs to fund exploration and working capital. The offer comprised 61.7 million new shares at $0.04 each, with 24.18...
SQX Resources launches $2.47m entitlement offer with potential dilution effects
Aug 20, 2026
SQX Resources Limited has launched a pro rata non-renounceable entitlement offer of up to 61.7 million new shares, allowing eligible shareholders to subscribe for two new shares for every three held at an issue price of $0.04, to raise as much as ...
SQX Resources Plans Non-Renounceable Pro Rata Share Issue
Aug 20, 2026
SQX Resources Limited has announced a proposed non-renounceable pro rata issue of up to 61,700,000 ordinary fully paid shares to existing shareholders, with an ex date of 25 August 2026 and a record date of 26 August 2026. The offer is scheduled t...
SQX Resources launches fully underwritten rights issue to fund exploration push
Aug 20, 2026
SQX Resources Limited has launched a fully underwritten 2-for-3 non-renounceable rights issue to raise $2.47 million at $0.04 per share, a discount to its recent trading levels, with Alpine Capital Pty Ltd acting as underwriter and directors commi...
SQX Resources’ Maiden Red Bird Drilling Confirms Substantial Shallow Gold System
Jul 31, 2026
SQX Resources reported that its maiden 2,509m reverse circulation drilling program at the Red Bird Gold Project in Arizona has defined a substantial, shallow and high-grade gold system with wide intercepts starting close to surface and remaining o...
SQX Resources Director Boosts Shareholding Through Performance Rights Conversion
Jul 24, 2026
SQX Resources reported a change in the indirect interests of director Dr Julian Rodney Stephens following the conversion of performance rights into fully paid ordinary shares. The conversion, which occurred through the One Way Trust account, incre...
SQX Resources options lapse, simplifying capital structure
Jul 24, 2026
SQX Resources Limited has confirmed the expiry of a tranche of listed options, with 3,125,000 SQXAE options, exercisable at $0.30 and due to expire on 16 February 2026, ceasing to exist unexercised. The notification, lodged with the ASX on 24 July...
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.