Astral Resources Future Growth

Future criteria checks 0/6

Astral Resources's earnings are forecast to decline at 72.3% per annum. EPS is expected to decline by 75.6% per annum.

Key information

-72.3%

Earnings growth rate

-75.63%

EPS growth rate

Metals and Mining earnings growth	14.6%
Revenue growth rate	n/a
Future return on equity	n/a
Analyst coverage	Low
Last updated	05 May 2026

Recent future growth updates

Recent updates

Analysis Article • Oct 02

Is Astral Resources (ASX:AAR) In A Good Position To Invest In Growth?

We can readily understand why investors are attracted to unprofitable companies. For example, biotech and mining...

Analysis Article • Jul 22

Is Astral Resources (ASX:AAR) In A Good Position To Deliver On Growth Plans?

Just because a business does not make any money, does not mean that the stock will go down. For example, although...

Analysis Article • Jan 27

We Think Anglo Australian Resources (ASX:AAR) Needs To Drive Business Growth Carefully

Just because a business does not make any money, does not mean that the stock will go down. For example, although...

Analysis Article • Sep 03

Anglo Australian Resources (ASX:AAR) Is In A Good Position To Deliver On Growth Plans

Just because a business does not make any money, does not mean that the stock will go down. For example, biotech and...

Analysis Article • May 13

We Think Anglo Australian Resources (ASX:AAR) Can Afford To Drive Business Growth

Just because a business does not make any money, does not mean that the stock will go down. For example, biotech and...

Analysis Article • Mar 21

Need To Know: Anglo Australian Resources NL (ASX:AAR) Insiders Have Been Buying Shares

We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. On...

Analysis Article • Jan 27

Is Anglo Australian Resources (ASX:AAR) In A Good Position To Invest In Growth?

We can readily understand why investors are attracted to unprofitable companies. For example, although Amazon.com made...

Analysis Article • Dec 05

How Much Are Anglo Australian Resources NL (ASX:AAR) Insiders Spending On Buying Shares?

We often see insiders buying up shares in companies that perform well over the long term. The flip side of that is that...

Earnings and Revenue Growth Forecasts

ASX:AAR - Analysts future estimates and past financials data (AUD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
6/30/2028	N/A	-18	-221	-18	1
6/30/2027	N/A	-10	-16	-10	2
6/30/2026	N/A	-3	-17	-3	2
12/31/2025	N/A	-3	-16	-3	N/A
9/30/2025	N/A	-3	-14	-3	N/A
6/30/2025	N/A	-3	-11	-2	N/A
3/31/2025	N/A	-2	-9	-2	N/A
12/31/2024	N/A	-2	-7	-2	N/A
9/30/2024	N/A	-2	-7	-2	N/A
6/30/2024	N/A	-3	-7	-2	N/A
3/31/2024	N/A	-3	-8	-1	N/A
12/31/2023	N/A	-3	-9	-1	N/A
9/30/2023	N/A	-3	-9	-2	N/A
6/30/2023	N/A	-4	-9	-2	N/A
3/31/2023	N/A	-3	-8	-2	N/A
12/31/2022	N/A	-3	-7	-1	N/A
9/30/2022	N/A	-3	-7	-1	N/A
6/30/2022	N/A	-2	-7	-1	N/A
3/31/2022	N/A	-3	-7	-1	N/A
12/31/2021	N/A	-4	-7	-2	N/A
9/30/2021	N/A	-4	-7	-1	N/A
6/30/2021	N/A	-4	-7	-1	N/A
3/31/2021	N/A	-3	-6	-1	N/A
12/31/2020	N/A	-3	-6	-1	N/A
9/30/2020	N/A	-3	-5	-1	N/A
6/30/2020	N/A	-3	-4	-1	N/A
3/31/2020	N/A	-2	-4	-1	N/A
12/31/2019	N/A	-2	-3	-1	N/A
9/30/2019	N/A	-1	N/A	-1	N/A
6/30/2019	N/A	-1	N/A	0	N/A
3/31/2019	N/A	-1	N/A	0	N/A
12/31/2018	N/A	-1	N/A	0	N/A
9/30/2018	N/A	-1	N/A	0	N/A
6/30/2018	N/A	-1	N/A	-1	N/A
3/31/2018	N/A	-1	N/A	0	N/A
12/31/2017	N/A	-1	N/A	0	N/A
9/30/2017	N/A	-1	N/A	0	N/A
6/30/2017	N/A	-1	N/A	0	N/A
3/31/2017	N/A	0	N/A	0	N/A
12/31/2016	N/A	0	N/A	0	N/A
9/30/2016	N/A	0	N/A	0	N/A
6/30/2016	N/A	0	N/A	0	N/A
3/31/2016	N/A	-3	N/A	0	N/A
12/31/2015	N/A	-5	N/A	0	N/A
9/30/2015	N/A	-5	N/A	0	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: AAR is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: AAR is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: AAR is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: Insufficient data to determine if AAR's revenue is forecast to grow faster than the Australian market.

High Growth Revenue: AAR is forecast to have no revenue next year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if AAR's Return on Equity is forecast to be high in 3 years time

Discover growth companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/05/17 19:46
End of Day Share Price	2026/05/15 00:00
Earnings	2025/12/31
Annual Earnings	2025/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Astral Resources NL is covered by 3 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Tim McCormack	Canaccord Genuity
Peter Kormendy	Shaw and Partners Limited
Dorab Postmaster	Shaw and Partners Limited

Astral Resources Future Growth

Future criteria checks 0/6

Key information

Recent future growth updates

Forecast to breakeven in 2028

Price target increased by 16% to AU$0.59

Price target increased by 7.3% to AU$0.55

Price target decreased by 21% to AU$0.51

Price target increased by 20% to AU$0.49

Recent updates

New major risk - Revenue and earnings growth

Forecast to breakeven in 2028

Astral Resources NL has completed a Follow-on Equity Offering in the amount of AUD 65 million.

New major risk - Shareholder dilution

Astral Resources NL has filed a Follow-on Equity Offering in the amount of AUD 65 million.

Independent Non-Executive Chairman exercised options to buy AU$445k worth of stock.

Price target increased by 16% to AU$0.59

Astral Resources NL, Annual General Meeting, Nov 20, 2025

New minor risk - Financial data availability

Price target increased by 7.3% to AU$0.55

An undisclosed buyer acquired 2.88% stake in Astral Resources NL (ASX:AAR) from Beacon Minerals Limited (ASX:BCN) for AUD 5.9 million.

Price target decreased by 21% to AU$0.51

Price target increased by 20% to AU$0.49

Astral Resources NL (ASX:AAR) completed the acquisition of remaining 80.01% stake in Maximus Resources Limited (ASX:MXR).

Astral Resources NL (ASX:AAR) acquired 7.7% stake in Maximus Resources Limited (ASX:MXR) from Beacon Minerals Limited (ASX:BCN) for AUD 2.2 million.

New minor risk - Market cap size

New major risk - Shareholder dilution

Astral Resources NL has completed a Follow-on Equity Offering in the amount of AUD 25.075 million.

New minor risk - Share price stability

Is Astral Resources (ASX:AAR) In A Good Position To Invest In Growth?

New major risk - Financial position

Astral Resources NL, Annual General Meeting, Nov 20, 2024

New minor risk - Share price stability

Astral Resources NL has completed a Follow-on Equity Offering in the amount of AUD 7.105 million.

Astral Resources NL Announces Board Changes

Astral Resources NL, Annual General Meeting, Nov 17, 2023

New minor risk - Financial data availability

Is Astral Resources (ASX:AAR) In A Good Position To Deliver On Growth Plans?

Astral Resources NL, Annual General Meeting, Jun 30, 2023

Astral Resources NL Completes Both Diamond and Reverse Circulation Drill Programs at the 100%-Owned Feysville Gold Project, Located 14Km South of Kalgoorlie

Astral Resources NL Drilling Resumes At Feysville Gold Project

Mandilla Achieves One Million Ounces Resource

Astral Resources NL Commences Drilling At the 100%-Owned Feysville Gold Project

High number of new directors

Astral Resources Nl Completes Diamond Drilling (Dd) Campaign At Its 100%-Owned Mandilla Gold Project Located Approximately 70Km South of Kalgoorlie in Western Australia

Astral Resources NL Provides an Update on the Current Diamond Drilling Campaign Targeting the Western Flank

Astral Resources NL, Annual General Meeting, Nov 16, 2022

Astral Resources NL Provides Update on Ongoing Drilling Programs Aimed at Increasing the Mineral Resource Estimate

Astral Resources NL Provides an Update on Mandilla Gold Project

Astral Resources NL Announces Extensive New Zone of Mineralisation Delineated At Mandilla

Astral Resources Nl Reports Further Encouraging Results from Metallurgical Testwork from Its 100% Owned Mandilla Gold Project

High number of new and inexperienced directors

AuKing Mining Limited (ASX:AKN) entered into an agreement to acquire remaining 25% stake in Koongie Park Project from Anglo Australian Resources NL (ASX:AAR) for AUD 6 million.

Anglo Australian Resources NL Announces Air-Core Drilling Identifies Further Mandilla Discovery Potential

Auking Mining Limited Provides Koongie Park JV Update

We Think Anglo Australian Resources (ASX:AAR) Needs To Drive Business Growth Carefully

Anglo Australian Resources NL Reports Update on Mineral Resource Estimate for Mandilla Gold Project in Kalgoorlie, Western Australia

High number of new and inexperienced directors

Anglo Australian Resources Nl Receivs Eos Discovery Grows with Strong Results Ahead of MRE Update

High number of new and inexperienced directors

Non-Executive Director recently bought AU$69k worth of stock

Anglo Australian Resources NL Reports Recently Received Assay Results from Diamond Drilling Completed in the First Quarter of 2021 at 100%-Owned Mandilla Gold Project

Anglo Australian Resources (ASX:AAR) Is In A Good Position To Deliver On Growth Plans

MD & Director exercised options to buy AU$148k worth of stock.

Anglo Australian Resources NL Announces Maiden JORC Compliant (2012 Edition) Mineral Resource Estimate for its Mandilla Gold Project, Western Australia

Anglo Australian Resources NL Announces More Wide Gold Intercepts at Mandilla East

We Think Anglo Australian Resources (ASX:AAR) Can Afford To Drive Business Growth

Need To Know: Anglo Australian Resources NL (ASX:AAR) Insiders Have Been Buying Shares

Anglo Australian Resources NL Announces That More Wide Zones of Gold Mineralisation Intersected At Mandilla South

Anglo Australian Resources Reports Highly Encouraging Results from Initial Metallurgical Testing at its 100%-Owned Mandilla Gold Project

Is Anglo Australian Resources (ASX:AAR) In A Good Position To Invest In Growth?

How Much Are Anglo Australian Resources NL (ASX:AAR) Insiders Spending On Buying Shares?

Independent Non-Executive Director exercised options to buy AU$264k worth of stock.

Anglo Australian Resources NL announced that it expects to receive AUD 11 million in funding

Anglo Australian Resources NL Provides Update on 100% Owned Mandilla Gold Project in Western Australia

Anglo Australian Resources NL announced that it has received AUD 5.33 million in funding

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity