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Tanami Gold NL (TAM) AI Stock Analysis
Tanami Gold NL
(ASX:TAM)
The overall score reflects a company with a strong, low-debt balance sheet funding an early-stage, loss-making gold project that generates no revenue and experiences persistent negative cash flow, making financial performance the primary drag on the rating. Technicals currently show a weak price trend with oversold momentum, indicating recent selling pressure but no clear positive breakout, while valuation is constrained by a lack of earnings and dividends, leaving investors reliant on future project success rather than current financial returns.
Tanami Gold NL (TAM) vs. iShares MSCI Australia ETF (EWA)
- Market Cap
- AUD 129.26M
- Dividend Yield
- ―
- Average Volume (3M)
- 855.16K
- Price to Earnings (P/E)
- -10.0
- Beta (1Y)
- 0.39
- Revenue Growth
- ―
- EPS Growth
- -17.39%
- Country
- Australia
- Employees
- 107
- Sector
- Basic Materials
- Sector Strength
- 61
- Industry
- Gold
Tanami Gold NL Business Overview & Revenue Model
Company Description
Tanami Gold NL, along with its associated companies, undertakes the prospecting and evaluation of gold deposits throughout Australia. Its primary venture is the Central Tanami project, which spans an area of 2,211 square kilometers in the Tanami Regi...
Tanami Gold NL Financial Statement Overview
Summary
Financial performance is weak overall: the company has zero revenue, recurring operating losses, and consistently negative operating and free cash flow, partially offset by a very strong, low-leverage balance sheet that provides capital resilience despite ongoing cash burn.
Income Statement
18Very NegativeBalance Sheet
86Very PositiveCash Flow
22Negative| 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 | -224.00K | -188.00K | -334.00K | -146.00K | -5,000 |
| EBITDA | -8.92M | -8.70M | -8.08M | -5.95M | -4.14M | -3.14M |
| Net Income | -7.56M | -7.56M | -5.84M | -6,147 | -3.47M | 7.96M |
Balance Sheet | ||||||
| Total Assets | 109.07M | 109.07M | 48.07M | 51.73M | 57.00M | 57.99M |
| Cash, Cash Equivalents and Short-Term Investments | 75.94M | 75.94M | 18.87M | 31.77M | 37.10M | 38.65M |
| Total Debt | 55.00K | 55.00K | 70.00K | 6,000 | 20.00K | 35.00K |
| Total Liabilities | 6.38M | 6.38M | 5.57M | 5.36M | 4.80M | 4.26M |
| Stockholders Equity | 102.68M | 102.68M | 42.51M | 46.37M | 52.20M | 53.73M |
Cash Flow | ||||||
| Free Cash Flow | -5.82M | -10.24M | -6.51M | -5.92M | -3.88M | -2.49M |
| Operating Cash Flow | -3.78M | -8.12M | -6.39M | -5.80M | -3.88M | -2.49M |
| Investing Cash Flow | -2.31M | -2.39M | 6,000 | 18.00K | -266.00K | 9.43M |
| Financing Cash Flow | 67.59M | 67.58M | -15.00K | -14.00K | -14.00K | -33.00K |
Tanami Gold NL Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:TAM, the sentiment is Negative. The current price of 0.06 is below the 20-day moving average (MA) of 0.06, below the 50-day MA of 0.07, and below the 200-day MA of 0.07, indicating a bearish trend. The MACD of -0.00 indicates Negative momentum. The RSI at 40.67 is Neutral, neither overbought nor oversold. The STOCH value of 100.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:TAM.
Tanami Gold NL Peers Comparison
Overall Rating
AU:RND73Outperform
AU:HRN53Neutral
AU:PTN44Neutral
AU:PGL43Neutral- AU:TAM42.4Neutral
AU:ODY37.75Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| AU:RND | 73Outperform | AUD 123.99M | 5.19 | 20.31% | 4.60% | 19.64% | 81.68% |
| Sector * | 61Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% |
| AU:HRN | 53Neutral | AUD 224.47M | -105.50 | -3.46% | ― | ― | -75.76% |
| AU:PTN | 44Neutral | AUD 66.57M | -5.15 | -12.56% | ― | 721.43% | 73.52% |
| AU:PGL | 43Neutral | AUD 87.76M | -5.76 | -27.74% | ― | ― | 75.42% |
| AU:TAM | 42Neutral | AUD 131.61M | -10.00 | -10.42% | ― | ― | -17.39% |
| AU:ODY | 38Underperform | AUD 35.32M | -3.79 | -70.12% | ― | ― | -153.85% |
* Basic Materials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| AU:TAM | Tanami Gold NL | 0.06 | -0.00 | -5.08% | |
| AU:PGL | Pilbara Gold Limited | 0.41 | -0.12 | -22.86% | |
| AU:RND | Rand Mining Limited | 2.11 | -0.14 | -6.22% | |
| AU:ODY | Odyssey Gold Limited | 0.02 | -0.01 | -21.43% | |
| AU:PTN | Kin Mining NL | 0.05 | -0.02 | -34.29% | |
| AU:HRN | Horizon Gold Ltd | 1.15 | 0.42 | 58.40% |
Tanami Gold NL Corporate Events
Tanami Gold Schedules 2026 Annual General Meeting
Tanami Gold NL, an ASX-listed gold exploration and development company, has scheduled its Annual General Meeting for 10:00 a.m. AWST on 30 November 2026 at Quest South Perth Foreshore in Western Australia.Shareholders can access the meeting materials...
Tanami Gold Advances Groundrush Decline as Cash Position Strengthens
Tanami Gold NL has formalised an agreement with Macmahon Underground Pty Ltd to construct an exploration decline at the Groundrush Gold Mine, enabling infill drilling of down-plunge extensions ahead of mine design and development. Macmahon has begun...
Tanami Gold Sets Date and Nomination Deadline for 2026 AGM
Tanami Gold NL has scheduled its 2026 Annual General Meeting for 30 November at a venue in South Perth, Western Australia, with formal details to be provided to shareholders in a forthcoming Notice of Meeting. The AGM will include the election of dir...
Tanami Gold Details ASX-Aligned Governance Framework for 2026
Tanami Gold NL’s board has confirmed its adherence to the ASX Corporate Governance Council’s 4th Edition Principles and Recommendations for the year ended 30 June 2026, detailing structures that separate strategic oversight from operation...
Tanami Gold lodges Appendix 4G and confirms updated governance disclosures
Tanami Gold NL has lodged its Appendix 4G and confirmed that its corporate governance statement for the year ended 30 June 2026 is available on its website, rather than within the annual report. The company states that the governance statement is cur...
Tanami Gold Releases 2026 Annual Report Detailing Financials and Governance
Tanami Gold NL has released its annual report for the year ended 30 June 2026, outlining the chairperson’s statement, directors’ report, audited financial statements and notes, as well as governance disclosures. The document details the c...
Tanami Gold Flags JV Progress via Central Tanami Investor Briefing
Tanami Gold NL has highlighted its role as a 50% partner in the Central Tanami Project Joint Venture with MGX Resources, a gold project in the Northern Territory aimed at advancing exploration and development. The company’s focus on this joint...
Tanami Gold signs $38m decline contract to advance Central Tanami JV
Tanami Gold NL’s Central Tanami Project Joint Venture has signed a $38 million contract with underground mining specialist Macmahon Underground Pty Ltd to construct the Groundrush decline at its Northern Territory mine site. The decline will ex...
Central Tanami JV advances Groundrush decline and resource drilling
The Central Tanami Project Joint Venture, owned equally by MGX Resources and Tanami Gold NL, has signed a $38 million contract with Macmahon Underground for construction of an underground decline into the Groundrush Gold Deposit in the Northern Terri...
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