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Tasman Resources (TAS) AI Stock Analysis
Tasman Resources
(ASX:TAS)
The stock’s low overall score is driven primarily by very weak underlying financial performance, with collapsing revenue, persistent operating losses, and ongoing cash burn despite a cleaner, debt-free balance sheet. Technical indicators also point to a fragile setup, as the price is in a sustained downtrend with oversold momentum and high volatility, suggesting continued pressure even if short-term stabilization is possible. While the P/E ratio is extremely low, the poor quality and sustainability of earnings, combined with the lack of cash-backed profitability, mean the apparent valuation discount does not meaningfully offset the high risk profile.
Tasman Resources (TAS) vs. iShares MSCI Australia ETF (EWA)
- Market Cap
- AUD 837.58K
- Dividend Yield
- ―
- Average Volume (3M)
- 830.83K
- Price to Earnings (P/E)
- 0.6
- Beta (1Y)
- 1.46
- Revenue Growth
- -92.26%
- EPS Growth
- ―
- Country
- Australia
- Employees
- 2
- Sector
- Basic Materials
- Sector Strength
- 61
- Industry
- Industrial Materials
Tasman Resources Business Overview & Revenue Model
Company Description
Tasman Resources Ltd, an Australian entity, specializes in the discovery and assessment of mineral deposits across the country. The company actively seeks a variety of valuable resources, including precious and base metals like gold, copper, cobalt,...
Tasman Resources Financial Statement Overview
Summary
Revenue has collapsed to under two hundred thousand with persistent operating losses and consistently negative operating cash flow, despite a now debt-free balance sheet, leaving overall financial quality weak and high risk.
Income Statement
32NegativeBalance Sheet
58NeutralCash Flow
22Negative| Breakdown | TTM | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | -405.28K | 188.43K | 2.45M | 2.02M | 4.70M | 4.15M |
| Gross Profit | -1.23M | -1.42M | 1.69M | 1.39M | -2.47M | -3.64M |
| EBITDA | -2.32M | -2.32M | -4.22M | -15.56M | -15.75M | -5.11M |
| Net Income | 17.51M | 17.51M | -3.02M | -13.13M | -5.72M | -2.60M |
Balance Sheet | ||||||
| Total Assets | 11.73M | 11.73M | 22.09M | 23.50M | 32.42M | 43.45M |
| Cash, Cash Equivalents and Short-Term Investments | 5.65M | 5.65M | 761.43K | 987.69K | 2.74M | 2.30M |
| Total Debt | 0 | 0 | 17.03M | 14.03M | 10.32M | 4.91M |
| Total Liabilities | 168.62K | 168.62K | 19.89M | 16.98M | 12.65M | 6.37M |
| Stockholders Equity | 11.56M | 11.56M | 3.49M | 3.77M | 16.38M | 23.64M |
Cash Flow | ||||||
| Free Cash Flow | -1.13M | -1.13M | -3.92M | -6.20M | -5.55M | -8.12M |
| Operating Cash Flow | -1.13M | -1.13M | -3.92M | -5.46M | -4.60M | -6.61M |
| Investing Cash Flow | -1.00M | -1.00M | -172.77K | -733.88K | -1.11M | -1.73M |
| Financing Cash Flow | 7.05M | 7.05M | 3.87M | 4.45M | 6.15M | 4.50M |
Tasman Resources Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:TAS, the sentiment is Neutral. The current price of 0.03 is above the 20-day moving average (MA) of 0.03, below the 50-day MA of 0.03, and below the 200-day MA of 0.05, indicating a neutral trend. The MACD of -0.00 indicates Negative momentum. The RSI at 54.45 is Neutral, neither overbought nor oversold. The STOCH value of 80.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for AU:TAS.
Tasman Resources Peers Comparison
Overall Rating
AU:XRA49Neutral
AU:TSL45Neutral- AU:TAS43.5Neutral
AU:SUH42Neutral
AU:VMS42Neutral
AU:LPM39Underperform
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:XRA | 49Neutral | AUD 14.62M | -7.74 | -16.50% | ― | ― | 93.40% |
| AU:TSL | 45Neutral | AUD 15.24M | -12.00 | -8.30% | ― | ― | -40.00% |
| AU:TAS | 44Neutral | AUD 16.98M | 0.56 | 173.85% | ― | -92.26% | ― |
| AU:SUH | 42Neutral | AUD 25.03M | -17.00 | -539.93% | ― | -100.00% | 36.84% |
| AU:VMS | 42Neutral | AUD 20.17M | -1.54 | -37.03% | ― | ― | -48.85% |
| AU:LPM | 39Underperform | AUD 17.01M | -44.00 | -1.58% | ― | ― | 84.18% |
* Basic Materials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| AU:TAS | Tasman Resources Ltd | 0.03 | 0.01 | 57.89% | |
| AU:TSL | Titanium Sands Ltd. | 0.01 | 0.00 | 0.00% | |
| AU:XRA | Todd River Resources Ltd. | 0.24 | 0.07 | 41.18% | |
| AU:VMS | Astro Resources NL | 0.12 | -0.04 | -25.00% | |
| AU:SUH | Southern Hemisphere Mining Limited | 0.03 | -0.00 | -10.53% | |
| AU:LPM | Lithium Plus Minerals Ltd. | 0.11 | -0.02 | -15.38% |
Tasman Resources Corporate Events
Tasman Resources Seeks Quotation of 12 Million New ASX Shares
Tasman Resources Ltd, an Australian resources company listed on the ASX under the code TAS, operates in the mining and exploration sector, developing mineral assets and projects aimed at investors seeking exposure to commodity and resource markets.Th...
Tasman Resources Secures Key Approvals to Advance South Australian IOCG Drilling
Tasman Resources reported quarterly progress across its South Australian mineral projects, highlighting regulatory and heritage approvals that advance its exploration pipeline. The company remains leveraged to copper and gold discovery through its La...
Tasman Resources Sets November Date for Digital-Focused AGM
Tasman Resources has announced that its Annual General Meeting will be held in person at the company’s Perth offices at 10:00 a.m. AWST on 26 November 2026. Shareholders are encouraged to access the Notice of Meeting and related materials onlin...
Tasman Resources Appoints New Director With No Current Equity Stake
Tasman Resources has appointed Damian Hicks as a director, effective 16 October 2026, marking a change in the company’s board composition. According to the initial director’s interest notice lodged with the ASX, Hicks currently holds no r...
Tasman Resources Discloses Final Director Interest as Varrasso Steps Down
Tasman Resources Limited has announced the resignation of director Louis Varrasso, effective 16 October 2026, and lodged a final director’s interest notice with the ASX. The filing details Varrasso’s remaining interests, including 12,000,...
Tasman Resources Wins Full Approval for Expanded Parkinson Dam Drilling Program
Tasman Resources has secured full regulatory approval for a 20-hole drilling program at its 100% owned Parkinson Dam Project in South Australia, marking a key step in advancing its polymetallic exploration efforts. The Program for Environment Protect...
Tasman Resources Sets AGM Date and Deadline for Director Nominations
Tasman Resources Ltd has scheduled its 2026 Annual General Meeting for 26 November 2026 at its Perth headquarters, confirming that formal meeting documentation will be released to shareholders in accordance with Australian corporate and listing requi...
Tasman Resources Updates ASX Corporate Governance Disclosures
Tasman Resources has lodged its updated corporate governance statement for the financial year ended 30 June 2026, confirming that the document is current as of 30 September 2026 and hosted on its website. The filing includes a completed Appendix 4G,...
Tasman Resources Releases 2026 Annual Report Detailing South Australian Exploration
Tasman Resources Ltd has released its annual report for the year ended 30 June 2026, detailing its consolidated financial statements and operational review. The report outlines the performance of its South Australian exploration projects and provides...
Tasman Resources Director Increases Stake Through Share Placement
Tasman Resources has disclosed a change in director Louis Varrasso’s interests, confirming his participation in a recent share placement approved by shareholders on 23 July 2026. Varrasso acquired 609,756 fully paid ordinary shares for $25,000,...
Tasman Resources Grants Incentive Options to Director Adam Turnbull
Tasman Resources has updated the market on changes to director Adam Turnbull’s interests, following shareholder approval of a new incentive option package. The director’s holdings now include a substantial allocation of unlisted options w...
Tasman Resources Completes Director Placement and Issues Cleansing Notice
Tasman Resources has completed the second tranche of a previously announced share placement, issuing 609,756 fully paid ordinary shares at $0.041 each to a company director, raising $25,000 before costs. The new shares, which required prior sharehold...
Tasman Resources Issues 30 Million Unquoted Options Under Employee Incentive Scheme
Tasman Resources Ltd has notified the market of the issue of 30 million unquoted options under an employee incentive scheme, structured in three tranches with exercise prices of $0.08, $0.12 and $0.15, and expiries extending to August 2028 and August...
Tasman Resources Seeks ASX Quotation for Additional Shares
Tasman Resources Ltd has applied to the ASX for quotation of 609,756 ordinary fully paid shares, formalising the listing of these new securities. The shares, issued on August 5, 2026, are part of previously announced transactions and will expand the...
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 02, 2026