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Toubani Resources Limited Registered Shs
(Sydney:TRE)
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Rating:46Neutral
Price Target:
AU$0.29
â–²(5.00% Upside)
Action:Reiterated
Date:08/26/26
The score is held down primarily by weak financial performance (minimal revenue, widening losses, and ongoing cash burn), which increases dependence on external funding despite a debt-free balance sheet. Technicals are mixed with only short-term improvement against a longer-term downtrend, and valuation is constrained by negative earnings and no dividend yield data.
Positive Factors
Debt-Free Balance Sheet
The absence of reported debt limits interest obligations and refinancing risk. This gives Toubani greater financial flexibility while it develops its assets, although future funding needs remain significant because the company is not yet generating revenue.
Negative Factors
Pre-Revenue Profile
The absence of meaningful revenue means the company has not yet demonstrated commercial scale or self-funded operations. Until revenue begins, progress remains dependent on development execution and continued access to external capital.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-Free Balance Sheet
The absence of reported debt limits interest obligations and refinancing risk. This gives Toubani greater financial flexibility while it develops its assets, although future funding needs remain significant because the company is not yet generating revenue.
Read all positive factors
Toubani Resources Limited Registered Shs (TRE) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$321.69M
Dividend YieldN/A
Average Volume (3M)591.39K
Price to Earnings (P/E)―
Beta (1Y)2.09
Revenue GrowthN/A
EPS Growth-49.01%
CountryAU
Employees201
SectorBasic Materials
Sector Strength58
IndustryGold
Share Statistics
EPS (TTM)-0.07
Shares Outstanding1,072,310,900
10 Day Avg. Volume606,516
30 Day Avg. Volume591,393
Financial Highlights & Ratios
PEG Ratio-0.16
Price to Book (P/B)0.81
Price to Sales (P/S)0.00
P/FCF Ratio-4.96
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$1.85Price Target Upside560.71% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Toubani Resources Limited Registered Shs Business Overview & Revenue Model
Company Description
Toubani Resources Inc. is an entity dedicated to the exploration and advancement of gold resources across West Africa, concentrating its efforts primarily on the Kobada Gold project situated in Southern Mali. Established in 2002, the company adopt...
Toubani Resources Limited Registered Shs Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
58
Neutral
Cash Flow
24
Negative
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Mar 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 76.91K | 9.30K | 19.56K | 0.00 |
| Gross Profit | -160.09K | 76.91K | -32.38K | 19.56K | -22.11K |
| EBITDA | -22.27M | -13.16M | -9.67M | -5.26M | -4.43M |
| Net Income | -22.86M | -13.27M | -9.71M | -5.22M | -4.48M |
Balance Sheet | |||||
| Total Assets | 126.61M | 9.35M | 6.28M | 5.92M | 3.88M |
| Cash, Cash Equivalents and Short-Term Investments | 116.98M | 8.47M | 4.81M | 5.33M | 3.51M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 8.92M | 748.64K | 1.28M | 900.53K | 424.51K |
| Stockholders Equity | 117.69M | 8.60M | 2.33M | 5.02M | 3.46M |
Cash Flow | |||||
| Free Cash Flow | -19.19M | -6.85M | -14.46M | -5.05M | -4.96M |
| Operating Cash Flow | -15.41M | -6.83M | -14.36M | -5.02M | -4.94M |
| Investing Cash Flow | -3.78M | -14.00K | -97.39K | -25.13K | -24.56K |
| Financing Cash Flow | 128.91M | 13.13M | 7.63M | 5.37M | 7.72M |
Toubani Resources Limited Registered Shs Technical Analysis
Positive
0.28
Price Trends
0.31
Positive
0.37
Negative
0.39
Negative
Market Momentum
<0.01
Negative
59.66
Neutral
67.78
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:TRE, the sentiment is Positive. The current price of 0.28 is above the 20-day moving average (MA) of 0.27, below the 50-day MA of 0.31, and below the 200-day MA of 0.39, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 59.66 is Neutral, neither overbought nor oversold. The STOCH value of 67.78 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:TRE.
Toubani Resources Limited Registered Shs 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% | |
51 Neutral | AU$9.98M | 1.50 | 38.60% | ― | ― | 7000.00% | |
50 Neutral | AU$8.72M | -2.84 | -7.27% | ― | ― | -36.96% | |
46 Neutral | AU$321.69M | -4.57 | -37.33% | ― | ― | -49.01% | |
43 Neutral | AU$5.39M | -0.50 | -184.19% | ― | ― | 8.00% | |
43 Neutral | AU$9.06M | -1.18 | -50.11% | ― | ― | -34.80% | |
38 Underperform | AU$13.52M | -5.88 | -6.21% | ― | ― | 41.18% |
* Basic Materials Sector Average
AU:TRE
Toubani Resources Limited Registered Shs
0.32
0.01
3.62%
AU:BNR
Bulletin Resources Limited
0.03
-0.02
-31.91%
AU:AUV
Sipa Resources Limited
0.01
0.00
0.00%
AU:NWM
Norwest Minerals Ltd.
0.01
0.00
0.00%
AU:ICL
Iceni Gold Ltd.
0.02
-0.04
-68.33%
AU:TMB
Tambourah Metals Ltd
0.04
-0.01
-28.00%
Toubani Resources Limited Registered Shs Corporate Events
Toubani Secures First US$25m Gold Stream Drawdown to Advance Kobada Mine
Aug 24, 2026
Toubani Resources has received the first US$25 million drawdown under its gold streaming agreement with Eagle Eye Asset Holdings, marking the formal financial close of the facility and clearing remaining conditions precedent. The funds are part of...
Toubani Resources Seeks Quotation for 1.5 Million New ASX Shares
Aug 14, 2026
Toubani Resources Limited is an ASX-listed company, trading under the ticker TRE. The firm operates in the resources sector, with its ordinary fully paid shares quoted on the Australian Securities Exchange, providing investors access to its equity...
Toubani Director Scott Perry Boosts Shareholding with On-Market Purchase
Aug 11, 2026
Toubani Resources Limited has disclosed a change in director Scott Perry’s interests, reporting an on-market purchase of additional fully paid ordinary shares on 11 August 2026. Perry acquired 178,571 shares at $0.28 each, lifting his direct...
Toubani Resources bolsters leadership team as Kobada Gold Project nears production
Aug 11, 2026
Toubani Resources has strengthened its senior leadership team as it moves the Kobada Gold Project towards production, appointing veteran mining executive Mark Somlyay as Chief Financial Officer and Kerry Griffin as Operations Director. Somlyay bri...
Toubani Resources Director Increases Stake via Retail Entitlement Offer
Aug 10, 2026
Toubani Resources Limited has disclosed a change in director Phil Russo’s interests, indicating an increase in his indirect holding of fully paid ordinary shares through entities Marnae Super Pty Ltd and Optimus Investments (WA) Pty Ltd. The...
Toubani unlocks high-grade infill results as Kobada resource update begins
Aug 9, 2026
Toubani Resources has reported further high-grade results from pre-production infill drilling at its Kobada Gold Project in southern Mali, with recent reverse circulation holes intersecting substantial widths of mineralisation in the northern part...
Toubani Resources Secures A$70m in Completed Retail Entitlement Offer
Aug 4, 2026
Toubani Resources Limited has completed the retail component of its fully underwritten, accelerated, non-renounceable pro rata entitlement offer of new shares. The offer, structured on a 1-for-3.27 basis, forms part of a broader capital raise aime...
Toubani advances Kobada gold project with construction and financing milestones
Aug 2, 2026
Construction of the Kobada Gold Project in West Africa is progressing on schedule, with bulk earthworks focused on the process plant and key infrastructure either completed or nearing completion. Work includes carbon-in-leach tank foundations, tai...
Toubani Resources Secures A$52m to Advance Kobada Gold Mine
Jul 14, 2026
Toubani Resources has completed the institutional component of its fully underwritten accelerated non-renounceable entitlement offer, raising about A$52 million through the issue of roughly 172 million new shares at A$0.30, a discount to recent tr...
Toubani Resources Corrects Timetable for Accelerated Entitlement Offer
Jul 13, 2026
Toubani Resources Limited, listed on the ASX as TRE, is a mineral exploration and development company in the resources sector. It relies on capital market transactions, including equity offerings, to advance its resource projects and sustain opera...
Toubani Resources Plans Placement of Up to 500,000 New Shares
Jul 13, 2026
Toubani Resources Limited has notified the ASX of a proposed issue of up to 500,000 ordinary fully paid shares under a placement or similar structure. The new securities, which are expected to be issued on 21 July 2026, represent an additional cap...
Toubani Resources Launches A$70 Million Underwritten Entitlement Offer
Jul 13, 2026
Toubani Resources Limited has launched an underwritten accelerated non-renounceable pro-rata entitlement offer to raise up to approximately A$70 million, inviting eligible shareholders to subscribe for one new share for every 3.27 shares held at a...
Toubani Resources Launches Accelerated Entitlement Offer for Major Equity Raise
Jul 13, 2026
Toubani Resources Limited has announced an accelerated non-renounceable entitlement offer, proposing the issue of up to 233,938,398 ordinary fully paid shares. Trading in the stock will resume on an ex-entitlement basis on July 15, 2026, with reta...
Toubani Resources Secures Funding to Advance Kobada Gold Mine
Jul 13, 2026
Toubani Resources has secured funding to advance its Kobada Gold Mine into production, positioning the project for first gold in the near term. The company is undertaking an accelerated, non-renounceable pro rata entitlement offer of new shares to...
Toubani Secures US$208m Package to Drive Kobada Gold Mine to First Production
Jul 13, 2026
Toubani Resources has secured a US$208 million binding funding package, combining a US$160 million gold stream from major shareholder Eagle Eye Asset and a fully underwritten US$48 million equity raising to complete construction of the Kobada Gold...
Toubani Resources Seeks Trading Halt for Accelerated Entitlement Offer
Jul 12, 2026
Toubani Resources Limited has requested a trading halt on its fully paid ordinary shares on the ASX as it undertakes an accelerated non-renounceable pro rata entitlement offer of new shares. Trading in TRE securities will be paused until 15 July 2...
Toubani Resources Plans Major Share and Option Placement
Jun 29, 2026
Toubani Resources Limited has announced a proposed placement involving the issue of up to 72,893,944 ordinary fully paid shares on the ASX. In addition, the company plans to issue up to 36,446,972 options exercisable at $0.60 and expiring on 21 Ju...
Toubani Resources to Take 19.9% Stake in Avanti Gold, Expanding African Gold Portfolio
Jun 29, 2026
Toubani Resources has agreed to acquire a 19.9% stake in Canadian-listed Avanti Gold Corporation through a share swap, issuing 72.9 million Toubani shares and 36.45 million options in exchange for 44.5 million Avanti shares. The deal gives Toubani...
Toubani Speeds Up Kobada Gold Project Construction in Mali
Jun 9, 2026
Toubani Resources reported rapid progress on construction at its Kobada Gold Project in Mali, where bulk earthworks have cleared and levelled the process plant site and advanced the water storage dam and turkey’s nest ahead of the wet season...
Toubani Resources Shareholders Back Board Slate at Annual General Meeting
May 28, 2026
Toubani Resources Limited is a gold development company focused on advancing the oxide‑dominant Kobada Gold Project in West Africa. The company is led by an experienced African-focused board and management team that has a track record of tak...
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.