Want to see AU:STM full AI Analyst Report?
Top Page
Sunstone Metals Limited
(Sydney:STM)
Select Model
Select Model
Rating:45Neutral
Price Target:
AU$0.18
â–¼(-48.24% Downside)
Action:Reiterated
Date:10/24/26
The score is primarily constrained by weak financial performance (no revenue base, recurring losses, and structurally negative free cash flow despite some interim improvement), with technicals also pressured by the price sitting well below the 200-day average. Valuation provides limited support because the company is loss-making (negative P/E) and no dividend yield is available.
Positive Factors
Low Leverage
Minimal debt reduces leverage and refinancing pressure while preserving financial flexibility for exploration activities. This balance-sheet feature provides greater capacity to absorb operating volatility and pursue project work than a highly indebted structure would allow.
Negative Factors
No Commercial Revenue Base
The absence of revenue indicates that Sunstone has not yet established a commercial operating base, leaving its financial position dependent on funding and exploration progress. Without recurring sales, the company lacks internally generated operating support for its ongoing activities.
Read all positive and negative factors
Positive Factors
Negative Factors
Low Leverage
Minimal debt reduces leverage and refinancing pressure while preserving financial flexibility for exploration activities. This balance-sheet feature provides greater capacity to absorb operating volatility and pursue project work than a highly indebted structure would allow.
Read all positive factors
Sunstone Metals Limited (STM) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$49.70M
Dividend YieldN/A
Average Volume (3M)464.72K
Price to Earnings (P/E)―
Beta (1Y)-0.24
Revenue GrowthN/A
EPS Growth11.63%
CountryAU
Employees33
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)-0.01
Shares Outstanding284,028,560
10 Day Avg. Volume630,601
30 Day Avg. Volume464,718
Financial Highlights & Ratios
PEG Ratio0.71
Price to Book (P/B)0.39
Price to Sales (P/S)0.00
P/FCF Ratio-21.23
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$1.40Price Target Upside311.76% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)>-0.01
Revenue Forecast (FY)N/A
Sunstone Metals Limited Business Overview & Revenue Model
Company Description
Sunstone Metals Limited is an exploration company primarily focused on identifying and assessing gold and copper mineral resources. The firm boasts a substantial 87.5% ownership in the Bramaderos project, an expansive 4,959-hectare site located wi...
Sunstone Metals Limited Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
74
Positive
Cash Flow
24
Negative
| Breakdown | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -2.86K | -36.62K | -78.53K | -76.06K | -68.82K |
| EBITDA | -2.63M | 34.16K | -2.16M | -1.79M | -2.79M |
| Net Income | -2.61M | -2.41K | -2.29M | -1.88M | -2.87M |
Balance Sheet | |||||
| Total Assets | 99.63M | 95.06M | 85.99M | 80.05M | 68.81M |
| Cash, Cash Equivalents and Short-Term Investments | 1.73M | 2.74M | 2.78M | 10.59M | 25.70M |
| Total Debt | 0.00 | 0.00 | 78.40K | 32.58K | 72.48K |
| Total Liabilities | 1.47M | 935.51K | 2.07M | 1.91M | 2.44M |
| Stockholders Equity | 97.29M | 93.26M | 83.04M | 77.27M | 65.50M |
Cash Flow | |||||
| Free Cash Flow | -1.80M | -10.97K | -15.87M | -26.85M | -15.69M |
| Operating Cash Flow | -1.77M | -2.96K | -1.41M | -1.75M | 3.03M |
| Investing Cash Flow | -8.67M | -8.01K | -14.45M | -23.19M | -12.51M |
| Financing Cash Flow | 9.65M | 11.05K | 8.24M | 11.31M | 21.30M |
Sunstone Metals Limited Technical Analysis
Negative
0.34
Price Trends
0.19
Negative
0.20
Negative
0.30
Negative
Market Momentum
>-0.01
Positive
44.43
Neutral
8.33
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:STM, the sentiment is Negative. The current price of 0.34 is above the 20-day moving average (MA) of 0.19, above the 50-day MA of 0.19, and above the 200-day MA of 0.30, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 44.43 is Neutral, neither overbought nor oversold. The STOCH value of 8.33 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:STM.
Sunstone Metals Limited Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
72 Outperform | AU$70.50M | 5.68 | 31.11% | ― | ― | ― | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
49 Neutral | AU$37.87M | -4.09 | -22.65% | ― | ― | -2.81% | |
45 Neutral | AU$49.70M | -15.57 | -2.63% | ― | ― | 11.63% | |
45 Neutral | AU$32.11M | -3.50 | -25.49% | ― | ― | -100.00% | |
44 Neutral | AU$75.28M | -4.62 | -94.93% | ― | ― | -1766.67% | |
43 Neutral | AU$57.59M | -11.76 | -97.09% | ― | ― | -71.43% |
* Basic Materials Sector Average
AU:STM
Sunstone Metals Limited
0.18
-0.36
-67.53%
AU:CRI
Venture Minerals Limited
0.02
-0.02
-51.28%
AU:LM8
Lunnon Metals Limited
0.31
0.03
8.77%
AU:JLL
Jindalee Resources Limited
0.30
-0.20
-40.36%
AU:EMH
European Metals Holdings Limited
0.14
-0.10
-42.55%
AU:OCN
Oceana Lithium Ltd.
0.30
0.16
114.29%
Sunstone Metals Limited Corporate Events
Sunstone boosts Bramaderos gold-copper resource 72% to 6.2Moz AuEq
Oct 12, 2026
Sunstone Metals has delivered a major upgrade to the Mineral Resource Estimate at its Bramaderos gold-copper project in southern Ecuador, lifting total resources 72% to 6.2Moz of gold equivalent following an intensive 2026 drilling program. The in...
Sunstone restarts drilling to test large El Palmar gold-copper targets in Ecuador
Oct 6, 2026
Sunstone Metals has restarted exploration drilling at its El Palmar gold-copper project in northern Ecuador, deploying two rigs to test deeper porphyry targets and magnetic anomalies across the T1, T2 and T3 zones. The work aims to assess the exte...
Sunstone Metals Sets November AGM To Vote On Governance And Executive Incentives
Oct 5, 2026
Sunstone Metals Limited has called its Annual General Meeting for 5 November 2026 in Melbourne, where shareholders will receive the company’s financial statements and reports for the year ended 30 June 2026, including the directors’ an...
Sunstone Metals lodges updated ASX corporate governance statement
Sep 18, 2026
Sunstone Metals has lodged its latest corporate governance statement and accompanying Appendix 4G for the financial year ended 30 June 2026, confirming compliance with ASX Listing Rules around governance disclosure. The statement, approved by the ...
Sunstone Metals outlines comprehensive annual report and corporate disclosures
Sep 18, 2026
Sunstone Metals Limited has released a comprehensive annual-style report outlining its chairman’s review, strategic direction, operating performance and resource inventory. The document also covers governance, financial statements and audit ...
Sunstone Metals Highlights Risks and Potential of Long-Life Gold-Copper Projects
Sep 8, 2026
Sunstone Metals has released an investor presentation outlining its strategy to advance two multi-decade gold-copper projects, highlighting the speculative nature of mineral exploration and the associated risks. The company emphasises that the inf...
Sunstone boosts Bramaderos project economics with higher metal recoveries
Sep 3, 2026
Sunstone Metals has reported new metallurgical test results from its Bramaderos Gold-Copper Project in southern Ecuador, showing average recoveries of 80% for copper and 93% for gold, up from 75% and 85% used in its earlier Scoping Study. The resu...
Sunstone Extends Bramaderos Gold-Copper Mineralisation Ahead of Resource Update
Sep 2, 2026
Sunstone Metals has reported strong new drilling and trenching results from the Melonal and Porotillo deposits at its Bramaderos gold-copper project in southern Ecuador, both currently outside the existing 3.6-million-ounce gold-equivalent resourc...
Sunstone Metals Seeks ASX Quotation for Additional Ordinary Shares
Aug 31, 2026
Sunstone Metals Ltd has lodged a new Appendix 2A application with the ASX for the quotation of additional ordinary fully paid shares under its STM ticker. The filing notes the issue and quotation of a modest parcel of 8,334 new shares, dated Augus...
Sunstone Metals Shareholders Back Ratification of Placement Shares at General Meeting
Aug 17, 2026
Sunstone Metals Limited reported the results of its general meeting held on 17 August 2026, where shareholders voted on resolutions related to the ratification of prior issues of placement shares. All resolutions were passed by poll with strong ma...
Sunstone Unveils Major Gold-Copper Discovery to Expand Bramaderos Resource
Aug 2, 2026
Sunstone Metals has reported a significant new gold-copper mineralisation discovery at the Porotillo prospect within its Bramaderos project in southern Ecuador. Drilling and trenching have outlined mineralisation over a 520m by 230m area outside t...
Sunstone boosts Ecuador gold-copper growth plans with strong drilling and $10m raise
Jul 28, 2026
Sunstone reported strong progress at its Bramaderos gold-copper project in southern Ecuador, where all 20 holes assayed in the current drilling program at Porotillo, Copete and Melonal returned long mineralised intersections outside the existing 3...
Sunstone Metals Updates Melbourne Registered Office and Business Address
Jul 27, 2026
Sunstone Metals Limited has updated its registered office and principal place of business in Melbourne, relocating to Level 50 at 120 Collins Street, with an associated PO Box address change. The administrative move, disclosed in line with ASX lis...
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.