Tungsten Mining NL (TGN) AI Stock Analysis

• Market Cap: AU$58.40M
• Dividend Yield: N/A
• Average Volume (3M): 67.02K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.12
• Revenue Growth: N/A
• EPS Growth: -64.00%
• Country: AU
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 64
• Industry: Industrial Materials
• EPS (TTM): >-0.01
• Shares Outstanding: 898,459,700
• 10 Day Avg. Volume: 101,621
• 30 Day Avg. Volume: 67,016
• PEG Ratio: 0.38
• Price to Book (P/B): 2.06
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -8.06
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 46 Neutral
• Price Target: ―

Tungsten Mining NL's stock score reflects its challenging financial performance, with ongoing losses and cash flow issues despite revenue growth. The strong balance sheet offers some mitigation. Technical analysis shows moderate short-term trends, but the negative P/E ratio highlights valuation concerns. The absence of earnings call data and corporate events leaves these factors unaddressed.

Tungsten Mining NL Business Overview & Revenue Model

Company Description

Tungsten Mining NL, a resources company, engages in the exploration, evaluation, and development of mineral projects in Australia. The company also explores for tungsten, molybdenum, gold, silver, bismuth, and fluorite deposits. It holds interest in the Mt Mulgine project located in the Murchison region of Western Australia. The company also owns interests in the Hatches Creek project consists of two exploration licenses covering 31.4 square kilometers situated in the Northern Territory of Australia; the Watershed project located in the North Queensland; the Big Hill project situated in the Eastern Pilbara; and the Kilba project located in the Ashburton region. Tungsten Mining NL was incorporated in 2011 and is based in West Perth, Australia.

How the Company Makes Money

Tungsten Mining NL generates revenue primarily through the extraction and sale of tungsten ore concentrates. The company explores and develops tungsten deposits, which are then mined and processed into concentrates that meet industry specifications for sale. These concentrates are sold to various industrial sectors that require tungsten for manufacturing and production purposes, such as the electronics, aerospace, and automotive industries. Additionally, the company may engage in strategic partnerships and joint ventures to enhance its production capabilities and expand its market reach. The success of Tungsten Mining NL's revenue model heavily relies on the market demand for tungsten, global commodity prices, and the company's ability to efficiently manage its mining operations.

Tungsten Mining NL Financial Statement Overview

Summary

Tungsten Mining NL shows concerning financial performance with consistent losses and negative cash flows despite recent revenue growth. The balance sheet is strong with low leverage, but reliance on cash reserves poses sustainability risks.

Income Statement

Tungsten Mining NL has shown significant revenue growth from virtually zero revenue in previous years to AUD 4,230 in 2024. However, the company remains unprofitable, with negative EBIT and a net loss, indicating substantial operational and financial challenges. The gross profit margin is positive, but the net profit margin is negative due to high expenses relative to revenue.

Balance Sheet

The balance sheet reflects a strong equity base with total liabilities significantly lower than equity, indicating low leverage and potential financial stability. However, the negative net debt suggests the company is heavily reliant on its cash reserves. The debt-to-equity ratio is low, and the equity ratio is high, showing a conservative capital structure, but persistent losses may erode shareholder equity over time.

Cash Flow

Operating cash flows are negative, highlighting challenges in generating cash from operations. The free cash flow is also negative, showing the company is not currently self-sustainable. The lack of positive cash flow growth suggests ongoing liquidity challenges, mitigated slightly by available cash reserves.

Breakdown
TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement		Total Revenue
25.60K	4.23K	0.00	20.79K	143.47K	170.17K
	Gross Profit
-457.76K	-992.79K	-433.42K	-267.75K	-133.81K	-105.71K
	EBIT
-6.36M	-5.35M	-4.50M	-5.01M	-5.82M	-13.73M
	EBITDA
-5.71M	-4.74M	-3.28M	-5.22M	-4.85M	-12.51M
	Net Income Common Stockholders
-6.53M	-5.11M	-2.93M	-4.89M	-4.35M	-11.61M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
9.41M	8.31M	12.64M	14.88M	19.59M	23.20M
	Total Assets
32.02M	29.85M	35.06M	36.99M	42.87M	46.64M
	Total Debt
727.45K	641.11K	822.26K	412.15K	656.34K	841.16K
	Net Debt
8.05K	-7.43M	-11.58M	-14.22M	-18.69M	-22.12M
	Total Liabilities
2.35M	2.48M	2.58M	1.56M	2.36M	2.10M
	Stockholders Equity
29.66M	27.38M	32.49M	35.42M	40.51M	44.53M
Cash Flow		Free Cash Flow
-9.14M	-4.06M	-1.93M	-4.74M	-4.21M	-11.95M
	Operating Cash Flow
-5.29M	-4.02M	-1.91M	-4.60M	-4.14M	-11.78M
	Investing Cash Flow
-4.18M	-42.48K	-15.47K	444.78K	59.39K	-271.41K
	Financing Cash Flow
4.28M	-268.21K	-303.85K	-292.43K	468.11K	1.23M

Tungsten Mining NL Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.06
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:TGN, the sentiment is Negative. The current price of 0.06 is below the 20-day moving average (MA) of 0.08, below the 50-day MA of 0.08, and below the 200-day MA of 0.07, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 12.76 is Positive, neither overbought nor oversold. The STOCH value of -24.58 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:TGN.

Tungsten Mining NL Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	50 Neutral	$2.01B	-1.12	-21.15%	3.68%	2.69%	-30.65%
TGN	46 Neutral	AU$58.40M	―	-21.23%	―	―	-64.00%
TLSMF		$21.17M	―	-20.67%	―	―	―
GWR	47 Neutral	AU$30.74M	1.52	17.20%	―	―	―
RIM	37 Underperform	AU$47.84M	―	-13.21%	―	―	-66.67%

Tungsten Mining NL Corporate Events

Tungsten Mining NL Advances Key Projects with New Developments

Tungsten Mining NL’s recent quarterly report highlights ongoing developments at its Mt Mulgine and Hatches Creek projects. At Mt Mulgine, the company is advancing environmental approvals and conducting metallurgical testwork to explore gold recovery potential. Meanwhile, at Hatches Creek, a completed drilling program has confirmed significant tungsten mineralization, and a maiden Mineral Resource Estimate is underway. These developments are pivotal in advancing the company’s projects and exploring early production pathways, marking significant steps in unlocking value and guiding future exploration and development activities.

Tungsten Mining NL Shifts Focus to Strategic Projects

Tungsten Mining NL has decided to discontinue activities on its Big Hill and Kilba Projects following a strategic review, surrendering the associated tenements. This move aligns with the company’s focus on its Mt Mulgine, Hatches Creek, and Watershed Projects, aiming to prioritize resources and strategic objectives. The decision involves writing off the carrying amount of $1.159 million for these projects, impacting the company’s mineral resource estimates.

Tungsten Mining NL Advances Hatches Creek Project Towards Early Production

Tungsten Mining NL is advancing its Hatches Creek Tungsten Project with significant progress in obtaining necessary mining approvals and preparing for potential early-stage production. The company has submitted key applications for environmental and mining licenses and is conducting a Mineral Resource Estimate following a successful drilling program. This estimate will help determine the feasibility of early production, with the project’s high-grade tungsten prospects and additional copper mineralization offering potential value in the favorable market conditions.

Tungsten Mining NL Releases Half-Year Financial Report

Tungsten Mining NL has released its half-year financial report for the period ending December 31, 2024. The report includes key financial statements such as the consolidated statement of profit or loss, financial position, changes in equity, and cash flows. This release provides stakeholders with insights into the company’s financial health and operational performance over the past six months.

Tungsten Mining NL to Quote New Shares on ASX

Tungsten Mining NL announced the quotation of 4,545,453 fully paid ordinary shares on the ASX, following the exercise of options or conversion of other securities. This move is expected to enhance the company’s capital structure and potentially improve its market position by increasing liquidity and shareholder value.