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Tivan Limited (TVN) AI Stock Analysis

AU:TVN

Tivan Limited

(ASX:TVN)

Select Model
Rating:39Underperform
Price Target:AUD 0.14â–¼(-8.39% Downside)
Action:downgraded
Date:10/13/26

The overall score is primarily constrained by recurring losses, persistent cash burn and negative valuation metrics. Weak technical momentum adds further pressure, while the relatively solid, low-leverage balance sheet provides limited support.

Positive Factors
Low leverageVery low leverage reduces near-term solvency pressure and gives Tivan greater financial flexibility while it advances its project. A stronger equity base relative to debt can also reduce exposure to interest costs and refinancing demands during development.
Negative Factors
Persistent unprofitable operationsPersistent losses and zero revenue in the latest year show that the current operating model is not yet generating a dependable commercial base. Continued absence of meaningful revenue limits internal funding capacity and leaves future progress dependent on development execution and financing support.

Tivan Limited (TVN) vs. iShares MSCI Australia ETF (EWA)

-25%0%25%50%75%100%125%150%175%AU:TVN-16.22%EWA+13.51%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
AUD 363.87M
Dividend Yield
―
Average Volume (3M)
2.45M
Price to Earnings (P/E)
-24.2
Beta (1Y)
1.49
Revenue Growth
―
EPS Growth
-146.15%
Country
Australia
Employees
3
Sector
Basic Materials
Sector Strength
61
Industry
Other Precious Metals

Tivan Limited Business Overview & Revenue Model

Company Description

Tivan Limited, together with its subsidiaries, engages in the exploration, evaluation, and development of mineral properties in Australia. It explores for critical mineral, fluorite, vanadium, titanium, silver, lead, copper, tungsten, and lithium dep...

Tivan Limited Financial Statement Overview

Summary

Financial performance is very weak: recurring losses, no revenue, persistent negative operating and free cash flow, and ongoing funding risk outweigh the relative strength of the low-leverage balance sheet.

Income Statement

18Very Negative

Balance Sheet

62Positive

Cash Flow

24Negative
Financial statement breakdown
BreakdownTTMJun 2026Jun 2025Jun 2024Jun 2023Jun 2022
Income Statement
Total Revenue0069.00K075.00K0
Gross Profit-504.00K-504.00K69.00K-523.00K-405.00K-342.00K
EBITDA-14.16M-14.16M-6.76M-62.44M-6.59M-4.54M
Net Income-14.25M-14.24M-4.91M-67.83M-7.08M-4.89M
Balance Sheet
Total Assets93.54M93.54M43.74M27.65M81.52M73.40M
Cash, Cash Equivalents and Short-Term Investments20.67M20.67M6.46M378.00K1.30M14.64M
Total Debt628.00K628.00K666.00K3.57M212.00K111.00K
Total Liabilities14.66M14.66M4.96M13.82M9.59M2.55M
Stockholders Equity57.70M57.70M38.79M13.83M71.92M70.85M
Cash Flow
Free Cash Flow-9.22M-9.22M-13.29M-8.71M-12.38M-8.61M
Operating Cash Flow-4.90M-4.90M-4.74M-4.32M-4.79M-3.26M
Investing Cash Flow-6.94M-6.94M-13.71M-8.31M-8.28M-5.38M
Financing Cash Flow26.06M26.06M24.53M11.71M-76.00K11.65M

Tivan Limited Technical Analysis

Technical Analysis SentimentNegative
Last Price0.15

Price Trends

50DMA0.19Negative
100DMA0.24Negative
200DMA0.29Negative

Market Momentum

MACD-0.01Positive
RSI39.09Neutral
STOCH26.59Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:TVN, the sentiment is Negative. The current price of 0.15 is below the 20-day moving average (MA) of 0.17, below the 50-day MA of 0.19, and below the 200-day MA of 0.29, indicating a bearish trend. The MACD of -0.01 indicates Positive momentum. The RSI at 39.09 is Neutral, neither overbought nor oversold. The STOCH value of 26.59 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:TVN.

Tivan Limited Peers Comparison

Overall Rating

UnderperformOutperform
Sector (61)

Financial Indicators

AU:TVN against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
Sector *61Neutral$10.43B7.12-0.05%2.87%2.86%-36.73%
AU:TLGAU:TLG44NeutralAUD 104.74M-5.05-42.02%―89.07%-4.10%
AU:NMTAU:NMT43NeutralAUD 23.65M-2.97-43.52%――76.51%
AU:QGLAU:QGL42NeutralAUD 122.70M-27.34-36.73%――9.86%
AU:SYRAU:SYR40UnderperformAUD 150.93M-0.49-46.99%―234.01%8.57%
AU:TVNAU:TVN39UnderperformAUD 363.87M-24.22-25.67%――-146.15%
AU:EGRAU:EGR36UnderperformAUD 106.23M-52.38-4.69%――57.27%

* Basic Materials Sector Average

Performance Comparison

-50%0%50%100%AU:TVNAU:SYRAU:EGRAU:NMTAU:TLGAU:QGLDec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
AU:TVN and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
AU:TVNTivan Limited0.15-0.04-18.42%
AU:SYRSyrah Resources Limited0.07-0.22-77.59%
AU:EGREcograf Ltd.0.22-0.31-58.10%
AU:NMTNeometals Ltd.0.03-0.03-55.00%
AU:TLGTalga Group Ltd.0.20-0.25-54.44%
AU:QGLQuantum Graphite Ltd0.35-0.09-20.45%

Tivan Limited Corporate Events

Tivan Showcases Speewah, Australia’s First Fluorite Project, at Fluorine Forum

Oct 29, 2026

Tivan Limited has released the presentation delivered by Executive Chairman Grant Wilson at the Fluorine Forum on 27 October 2026, highlighting the company’s role in the global fluorine sector. The presentation introduced Speewah as Australia&#...

Tivan Wins Timor-Leste Approval to Begin Drilling Works at Scorpion Prospect

Oct 25, 2026

Tivan Limited has secured approval from Timor-Leste’s National Mineral Authority to begin civil works for maiden drilling at the Scorpion Prospect within its Baucau copper-gold project. The company is initiating land clearance for access roads...

Tivan strengthens executive ranks with new CFO ahead of key project decisions

Oct 19, 2026

Tivan Limited has appointed experienced resources finance executive Rebecca Moylan as Chief Financial Officer and member of its Executive Team, following a competitive recruitment process. Based in Perth, Moylan brings more than 20 years of financial...

Tivan boosts executive incentives as chairman relocates to Timor-Leste

Oct 14, 2026

Tivan Limited has reaffirmed its strategic direction under Executive Chairman Grant Wilson, who has led the acquisition of resource assets in Australia and Timor-Leste and the strengthening of its senior leadership team. The company continues to focu...

Tivan Limited Seeks ASX Quotation for Additional Shares

Oct 12, 2026

Tivan Limited, trading on the ASX under code TVN, is an Australian-listed company whose ordinary fully paid shares form the basis of its presence in local capital markets. It operates under ASX Listing Rules and engages in routine equity issuance and...

Tivan Ties New Performance Rights to Key Project Milestones

Oct 8, 2026

Tivan Limited has completed its annual review of compensation for the 2026/27 financial year and has overhauled its performance rights structure to better align incentives with project milestones. The company is shifting from tenure-based awards to p...

Tivan to Host Online Investor Briefing on 2H 2026 Outlook

Sep 30, 2026

Tivan Limited has scheduled an online investor briefing for Wednesday, 30 September 2026, at 4:30 p.m. AEST, to be hosted by Executive Chairman Grant Wilson. The session will update shareholders on recent corporate developments and outline the compan...

Tivan Files Updated Corporate Governance Statement with ASX

Sep 27, 2026

Tivan Limited has lodged its latest corporate governance statement for the financial year ended 30 June 2026, confirming compliance with ASX Listing Rule requirements. The company has made this statement available on its website, detailing how it ali...

Tivan Tightens Incentive Plan Around Key Project Milestones

Sep 25, 2026

Tivan Limited has refreshed its firmwide Awards Plan to tighten alignment between management and shareholder outcomes as it enters a new phase of corporate development. The revised framework shifts future performance rights away from tenure-based ves...

Tivan Secures Key Approvals for Historic Copper-Gold Drilling in Timor-Leste

Sep 24, 2026

Tivan Limited (ASX: TVN) is a mineral exploration company focused on copper-gold opportunities in Timor-Leste. Its Baucau Project, located about 123 kilometres east of Dili, now comprises three concessions, including recent expansion of ZB004 to capt...

Tivan Sets Date and Nomination Deadline for 2026 AGM

Sep 22, 2026

Tivan Limited has scheduled its 2026 Annual General Meeting for 18 November in Melbourne, setting out logistical details for shareholders, including time, venue, and registration arrangements for in-person attendance. The company also confirmed key g...

Tivan Apologises for Heritage Breach and Resets Ties at Speewah Fluorite Project

Sep 22, 2026

Tivan Limited has publicly apologised to the Nganjuwarr Native Title Holders for unintentional breaches of a Heritage Protection Agreement during its 2025 exploration program at the Speewah Fluorite project. The company acknowledged shortcomings in i...

Tivan Sets Investor Briefing Ahead of Japan and Europe Roadshow

Sep 17, 2026

Tivan Limited has scheduled an online investor briefing for 30 September, to be hosted by Executive Chairman Grant Wilson ahead of his investor-focused travel to Japan and Europe in October. The session aims to provide updates on the company’s...

Tivan Nears Completion of Major Drilling Program at Speewah Fluorite Project

Sep 17, 2026

Tivan Limited is nearing completion of a two-year, roughly 37,000-metre drilling campaign at its Speewah Fluorite Project in Western Australia, having drilled 12,809 metres so far in 2026 and planning an additional 1,275 metres in the coming month. C...

Tivan expands Timor-Leste Baucau Project with major licence enlargement

Sep 14, 2026

Tivan has secured government approval in Timor-Leste to enlarge its Baucau Project exploration licence MEL2023-CA-ZB004, adding about 50 square kilometres of ground immediately east of its existing concession. The expanded area includes a 2.5km by 1k...

Tivan expands Turiscai copper-gold footprint with new Timor-Leste licence

Sep 13, 2026

Tivan Limited has secured a new Exploration and Evaluation License, MEL2025-CA-ZC004, immediately north of its existing Turiscai Project in Timor-Leste, following a competitive tender run by the National Mineral Authority. The licence, covering about...

Tivan Issues Shares to Molyhil Vendors and Clears On-Sale Under Corporations Act

Sep 10, 2026

Tivan Limited has issued 3,837,383 fully paid ordinary shares to the vendors of the Molyhil Project as part consideration for the first anniversary payment under its acquisition terms. The move reflects ongoing fulfilment of its obligations on the pr...

Tivan Limited Seeks ASX Quotation for 3.8 Million New Shares

Sep 10, 2026

Tivan Limited has applied for quotation of 3,837,383 ordinary fully paid shares on the Australian Securities Exchange, under its existing issuer code TVN. The shares are scheduled to be issued and commence quotation on 11 September 2026, in line with...

Tivan completes first deferred payment for Molyhil Tungsten acquisition

Sep 10, 2026

Tivan Limited has completed the first deferred payment under its $8.75 million acquisition of the Molyhil Tungsten Project in the Northern Territory, paying $875,000 in cash and issuing $875,000 worth of shares to vendors Investigator Silver Limited...

Tivan Wins Final Approvals for Major Drilling Push at Molyhil Tungsten Project

Sep 10, 2026

Tivan Limited has secured final regulatory and cultural heritage approvals for an 8,000m Stage 2 drilling program at its 100%-owned Molyhil Tungsten Project in the Northern Territory, clearing the way for detailed planning and mobilisation. The multi...

Tivan Issues Shares on Performance Rights Conversion and Lodges Cleansing Notice

Sep 7, 2026

Tivan Limited has issued 7.5 million fully paid ordinary shares following the conversion of 1.5 million Class E Performance Rights held by executive Grant Wilson. The issuance converts performance-based entitlements into tradable equity, modestly inc...

Tivan Director Boosts Equity Stake After Performance Rights Vesting

Sep 7, 2026

Tivan Limited has disclosed changes in the equity holdings of director Grant Francis Wilson, including direct and indirect interests held through several associated entities. The notice details ordinary shares, executive chair options, and multiple c...

Tivan Seeks ASX Quotation for 7.5 Million New Shares

Sep 7, 2026

Tivan Limited has lodged an application with the ASX for quotation of 7,500,000 new ordinary fully paid shares under the ticker TVN. The securities are dated 7 September 2026, indicating a fresh issuance that modestly expands the company’s list...

Tivan flags high-grade copper-gold finds in underexplored Timor-Leste

Sep 6, 2026

Tivan Limited has reported bulk assay results from surface sampling at its Baucau, Ossu and Turiscai projects in Timor-Leste, confirming high-grade copper and gold mineralisation across multiple prospects. Rock chip assays returned copper grades up t...

Tivan Highlights NT Resources Week Presentation to Investors

Sep 4, 2026

Tivan Limited has announced that its Chief Development Officer and Executive Director, Dr Ellin Lede, delivered a presentation at the NT Resources Week conference held on 2 September 2026. The company has released the accompanying slide deck to the m...

Tivan Establishes New Darwin Headquarters to Anchor Northern Portfolio

Sep 4, 2026

Tivan Limited, an ASX-listed resources company, has established Darwin as its central coordination hub for projects ranging from the Speewah Fluorite Project in Western Australia to Central Australian ventures in the Northern Territory and operations...

Tivan director increases ordinary shareholding after performance rights vesting

Sep 1, 2026

Tivan Limited has disclosed a change in the equity holdings of director Grant Francis Wilson, reflecting both direct and indirect interests across several related entities. The update details adjustments in ordinary shares, executive chair options, a...

Tivan Drilling Confirms High-Grade Fluorite at Sandover Project

Aug 31, 2026

Tivan Limited has reported broad intersections of high-grade fluorite mineralisation from its Stage Two reverse circulation drilling program at the Sandover Fluorite Project in the Northern Territory. All 58 holes intersected fluorite, with standout...

Tivan Director Increases Shareholding Through Performance Rights Conversion

Aug 31, 2026

Tivan Limited has disclosed a change in director Grant Francis Wilson’s interests following the conversion of Class E Performance Rights into ordinary shares at no cash consideration. The transaction increased Wilson’s direct and indirect...

Tivan Seeks ASX Quotation for 8.8 Million New Shares

Aug 31, 2026

Tivan Limited has applied to the ASX for quotation of 8,833,334 new ordinary fully paid shares, with an issue date of August 31, 2026. The securities have been issued as a result of the exercise or conversion of existing options or other convertible...

Tivan launches major drone magnetic survey over Timor-Leste copper-gold projects

Aug 26, 2026

Tivan Limited has begun a large-scale UAV drone magnetic survey over about 57 square kilometres at its Turiscai and Baucau copper-gold projects in Timor-Leste. The company is targeting porphyry and volcanogenic massive sulphide deposits in an underex...

Tivan Wins Final Approvals for Maiden Drilling at Walshy’s Wall

Aug 25, 2026

Tivan Limited has secured final regulatory and heritage approvals to launch a maiden drilling program at Walshy’s Wall, a manganese-barite gossan within its Sandover Fluorite Project northeast of Alice Springs. The site has returned high-grade...

Tivan Plans New Share Placement on ASX

Aug 19, 2026

Tivan Limited has notified the ASX of a proposed issue of up to 949,552 ordinary fully paid shares, to be conducted as a placement or similar capital-raising transaction. The new securities are intended to be quoted on the Australian Securities Excha...

Tivan Secures Option to Expand Baucau Footprint in Timor-Leste

Aug 19, 2026

Tivan Limited has secured an option to acquire 100% of an exploration and evaluation license adjoining its Baucau Project in Timor-Leste, covering 48km² considered highly prospective for base metals. The deal, struck via a binding term sheet wit...

Tivan Seeks ASX Quotation for 1.35 Million New Shares

Aug 17, 2026

Tivan Limited has applied for the quotation of 1,345,928 new fully paid ordinary shares on the Australian Securities Exchange, with an issue date of 17 August 2026. The additional shares arise from the exercise or conversion of existing options or ot...

Tivan deepens East Kimberley engagement with community forums on Speewah project

Aug 17, 2026

Tivan Limited has stepped up community engagement in Western Australia’s East Kimberley, hosting forums in Wyndham and Kununurra as well as an open day at its Kununurra office to update residents on progress at the Speewah Fluorite Project. Aro...

Tivan Secures Further $3m IPCM Funding for Speewah Fluorite Study

Aug 11, 2026

Japan Australia Fluorite Associates, the owner of Tivan Limited’s Speewah Fluorite Project in Western Australia, has received a further $3 million tranche of funding under the Australian Government’s International Partnerships in Critical...

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.

Date of analysis: Oct 13, 2026