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South Harz Potash Ltd (TSR) AI Stock Analysis
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South Harz Potash Ltd
(ASX:TSR)
The score is primarily constrained by weak financial performance: the company is pre-revenue with ongoing losses, persistent negative cash flow, and a sharply reduced equity base (funding risk). Offsetting factors are the meaningful improvement in recent loss/cash burn and the absence of debt. Technical and valuation inputs are limited due to missing indicators and a non-meaningful negative P/E.
South Harz Potash Ltd (TSR) vs. iShares MSCI Australia ETF (EWA)
- Market Cap
- AUD 3.38M
- Dividend Yield
- ―
- Average Volume (3M)
- 127.75K
- Price to Earnings (P/E)
- -1.0
- Beta (1Y)
- 0.61
- Revenue Growth
- ―
- EPS Growth
- 60.04%
- Country
- Australia
- Employees
- ―
- Sector
- Basic Materials
- Sector Strength
- 61
- Industry
- Industrial Materials
South Harz Potash Ltd Business Overview & Revenue Model
Company Description
Turnstone Resources Ltd engages in the development of potash mining projects in Germany. The company primarily explores potash deposits. Its flagship project Ohmgebirge north-western extent of the South Harz sedimentary basin approximately 30km west...
How the Company Makes Money
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South Harz Potash Ltd Financial Statement Overview
Summary
Pre-revenue with ongoing losses and consistently negative operating/free cash flow. Losses and cash burn improved materially in the latest year, and the company has no debt, but equity has eroded sharply over time, increasing future funding risk.
Income Statement
8Very NegativeBalance Sheet
30NegativeCash Flow
12Very NegativeSouth Harz Potash Ltd Peers Comparison
Overall Rating
- AU:TSR46Neutral
AU:RWD44Neutral
AU:APC42Neutral
AU:AMN39Underperform
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:TSR | 46Neutral | AUD 3.38M | -1.03 | -238.69% | ― | ― | 60.04% |
| AU:RWD | 44Neutral | AUD 8.42M | -1.52 | 139.87% | ― | ― | -115.71% |
| AU:APC | 42Neutral | AUD 5.14M | -2.92 | -311.58% | ― | ― | 65.43% |
| AU:AMN | 39Underperform | AUD 14.43M | -7.71 | -6.36% | ― | ― | 96.72% |
* Basic Materials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| AU:TSR | South Harz Potash Ltd | 0.02 | -0.02 | -57.89% | |
| AU:AMN | Agrimin Limited | 0.04 | -0.04 | -50.67% | |
| AU:APC | Australian Potash Limited | 0.01 | 0.00 | 0.00% | |
| AU:RWD | Reward Minerals Limited | 0.03 | -0.01 | -28.57% | |
| AU:KM1 | Kali Metals Limited | 0.09 | -0.07 | -45.63% |
South Harz Potash Ltd Corporate Events
Turnstone Resources accelerates Swedish copper-gold exploration with Glava acquisition and drilling plans
Turnstone Resources has materially advanced its Swedish copper-gold portfolio in the June 2026 quarter, building a significant presence in the Värmland district. The company now controls seven licences over about 100 square kilometres, targeting...
Turnstone Resources Schedules Investor Webinar on Swedish Copper-Gold Portfolio
Turnstone Resources Ltd has invited shareholders and prospective investors to an online investor webinar to be hosted by Executive Chair Len Jubber on 6 July 2026. The session will provide an update on the company’s exploration activities acros...
Turnstone outlines cautious strategy for Sweden copper-gold portfolio
Turnstone Resources has released an investor presentation dated 1 July 2026 outlining its disciplined approach to progressing a portfolio of copper-gold prospects in Sweden. The document emphasises that the material is summary in nature, relies partl...
Turnstone flags high-grade copper-gold results and validates historic drilling in Swedish portfolio
Turnstone Resources has reported high-grade in-situ rock chip results from its Glava project in Sweden, including assays up to 31.6 grams per tonne gold and 12.9% copper, confirming a strong copper-gold association. Geological mapping at Glava sugges...
Turnstone Exercises Glava 100 Option to Grow Swedish Copper–Gold Portfolio
Turnstone Resources has exercised its option to acquire the Glava 100 copper–gold permit area in Sweden from McKnight Resources, consolidating its entry into a key Scandinavian critical minerals district. This move expands its Swedish portfolio...
Turnstone Resources Options Lapse Clarifies Issued Capital Structure
Turnstone Resources Ltd has announced the expiry of a tranche of listed options, with 307,107 options (code TSRAK) ceasing on 27 May 2026 after reaching their expiry date without being exercised. The options carried an exercise price of $3.045 and th...
Turnstone Resources Director Boosts Indirect Shareholding
Turnstone Resources director Leonard Stanley Jubber has increased his indirect holding in the company through an acquisition of 1,666,667 fully paid ordinary shares at $0.03 per share. The shares were acquired via entities associated with his spouse...
Turnstone Resources Confirms Compliance for New Share Issue
Turnstone Resources has advised that it recently issued 6,166,667 fully paid ordinary shares and applied to have them quoted on the ASX, as detailed in an earlier filing. The company has formally notified the exchange that these shares were issued wi...
Turnstone Resources Completes Unmarketable Parcel Share Sale Facility
Turnstone Resources Ltd has completed an unmarketable parcel share sale facility aimed at holders of very small shareholdings valued at less than A$500. The initiative allowed these shareholders to sell their stakes without brokerage or handling cost...
Turnstone Resources Seeks Quotation for 6.2 Million New Shares
Turnstone Resources Ltd, listed on the ASX under ticker TSR, has ordinary fully paid shares on issue but provides no further detail on its sector focus or operating assets in this notice.The company has applied for quotation of 6,166,667 additional o...
Turnstone Resources Expands Swedish Critical Minerals Portfolio After Transformational Quarter
Turnstone Resources reported a transformational March 2026 quarter marked by its rebrand, expansion in Sweden and new funding. The company now holds or controls seven copper-gold licences across the Glava-Klinten and Torsby West projects, building a...
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: Jun 30, 2026