First Au (ASX:FAU) - Stock Price, News & Analysis

FAU Stock Overview

First Au Limited explores for gold and base metals in Western Australia’s Goldfields and Pilbara.

FAU fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	0/6
Financial Health	3/6
Dividends	0/6

Rewards

Earnings have grown 1.7% per year over the past 5 years

Risk Analysis

Shareholders have been substantially diluted in the past year

Does not have a meaningful market cap (A$3M)

Highly volatile share price over the past 3 months

Has less than 1 year of cash runway

+ 1 more risk

First Au Limited Competitors

Bastion Minerals

ASX:BMO

AU$3.0m

Great Northern Minerals

ASX:GNM

AU$2.0m

Pinnacle Minerals

ASX:PIM

AU$2.7m

Star Minerals

ASX:SMS

AU$2.8m

Price History & Performance

Summary of all time highs, changes and price drops for First Au
Historical stock prices
Current Share Price	AU$0.002
52 Week High	AU$0.006
52 Week Low	AU$0.001
Beta	0.74
1 Month Change	-20.00%
3 Month Change	-33.33%
1 Year Change	-66.67%
3 Year Change	-90.48%
5 Year Change	-88.24%
Change since IPO	-98.67%

Recent updates

Shareholder Returns

	FAU	AU Metals and Mining	AU Market
7D	0%	0.05%	0.9%
1Y	-66.7%	-2.1%	5.6%

Return vs Industry: FAU underperformed the Australian Metals and Mining industry which returned -2.1% over the past year.

Return vs Market: FAU underperformed the Australian Market which returned 5.6% over the past year.

Price Volatility

Is FAU's price volatile compared to industry and market?
FAU volatility
FAU Average Weekly Movement	21.4%
Metals and Mining Industry Average Movement	12.4%
Market Average Movement	8.9%
10% most volatile stocks in AU Market	17.6%
10% least volatile stocks in AU Market	3.5%

Stable Share Price: FAU's share price has been volatile over the past 3 months.

Volatility Over Time: FAU's weekly volatility has decreased from 34% to 21% over the past year, but is still higher than 75% of Australian stocks.

About the Company

Founded	Employees	CEO	Website
1960	1	Ryan Skeen	www.firstau.com

First Au Limited explores for gold and base metals in Western Australia’s Goldfields and Pilbara. It holds 100% interests in the Gimlet gold project located to the north west of Kalgoorlie, Western Australia; the Victoria Gold project; and the Mabel Creek project. First Au Limited was incorporated in 1960 and is based in Balwyn, Australia.

First Au Limited Fundamentals Summary

How do First Au's earnings and revenue compare to its market cap?
FAU fundamental statistics
Market cap	AU$3.32m
Earnings (TTM)	-AU$1.84m
Revenue (TTM)	AU$223.17k

14.9x

P/S Ratio

-1.8x

P/E Ratio

Is FAU overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FAU income statement (TTM)
Revenue	AU$223.17k
Cost of Revenue	AU$0
Gross Profit	AU$223.17k
Other Expenses	AU$2.06m
Earnings	-AU$1.84m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	-0.0011
Gross Margin	100.00%
Net Profit Margin	-824.00%
Debt/Equity Ratio	0.5%

How did FAU perform over the long term?

See historical performance and comparison

FAU Stock Overview

Rewards

Risk Analysis

First Au Limited Competitors

ASX:BMO

AU$3.0m

ASX:GNM

AU$2.0m

ASX:PIM

AU$2.7m

ASX:SMS

AU$2.8m

Price History & Performance

Recent News & Updates

First Au Limited, Annual General Meeting, May 16, 2024

Full year 2023 earnings released: AU$0.001 loss per share (vs AU$0.005 loss in FY 2022)

New minor risk - Financial data availability

First Au Limited Announces Appointment of Xavier Braud as Non-Executive Director

First Au Limited has completed a Follow-on Equity Offering in the amount of AUD 0.3 million.

First Au Limited has completed a Follow-on Equity Offering in the amount of AUD 0.3 million.

Recent updates

First Au Limited, Annual General Meeting, May 16, 2024

Full year 2023 earnings released: AU$0.001 loss per share (vs AU$0.005 loss in FY 2022)

New minor risk - Financial data availability

First Au Limited Announces Appointment of Xavier Braud as Non-Executive Director

First Au Limited has completed a Follow-on Equity Offering in the amount of AUD 0.3 million.

First Au Limited has completed a Follow-on Equity Offering in the amount of AUD 0.3 million.

First Au Limited Announces Change of Company Secretary

First Au Limited Announces Change of Company Secretary

Director recently bought AU$62k worth of stock

First half 2023 earnings released: AU$0.001 loss per share (vs AU$0.003 loss in 1H 2022)

Octava Minerals Limited (ASX:OCT) entered into agreement to acquire 30% stake in Talga Project for AUD 0.3 million.

New major risk - Financial position

Director recently bought AU$75k worth of stock

Talisman Mining Limited (ASX:TLM) acquired Mabel Creek IOCG Project from First Au Limited (ASX:FAU).

Talisman Mining Limited (ASX:TLM) acquired Mabel Creek IOCG Project from First Au Limited (ASX:FAU).

First Au Limited Announces Executive Changes

First Au Limited Receives Requisition Resolutions from 7 Enterprises Pty Ltd

First Au Limited Receives Requisition Resolutions from 7 Enterprises Pty Ltd

First Au Limited has completed a Follow-on Equity Offering in the amount of AUD 1.5 million.

First Au Limited announced that it expects to receive AUD 1.5 million in funding

First Au Limited Provides the Update on Further Assay Results from the Dogwood Porphyry Copper and Gold Project

Insider recently sold AU$79k worth of stock

First Au Limited Announces Board Changes

First Au Limited Announces Resignation of Bryan Frost as Executive Chairman and Managing Director, Effective on 18 November 2022

Executive Chairman & MD exercised options to buy AU$75k worth of stock.

No independent directors

Executive Chairman & MD exercised options to buy AU$63k worth of stock.

First Au Limited Announces Dogwood Drilling Assays Indicate Copper Mineralisation

First Au Limited Provides Update on Gimlet Gold Project, Kalgoorlie, Western Australia

First Au Limited Provides Victorian Projects Update

First Au Limited, Annual General Meeting, May 31, 2022

No independent directors

Full year 2021 earnings released: AU$0.006 loss per share (vs AU$0.008 loss in FY 2020)

First Au Limited Announces Assay Results from the Remaining Drillholes from the Recently Completed Program At the Snowstorm Project, East Gippsland, Victoria

First Au Limited Begins A Geological Review of Tenement Application EL006977 At the Dogwood Prospect of Bruthen in Eastern Victoria

First half 2021 earnings released: AU$0.003 loss per share (vs AU$0.003 loss in 1H 2020)

First Au Limited Announces Victorian Project Update

First Au Limited Announces Update to Previously Reports Jorc Inferred Resource from Gimlet Gold Project Near Kalgoorlie in Western Australia

First Au Limited Announces Snowstorm Drilling Intersects Mineralised Dyke Swarm

First Au Limited Announces Company Secretary Changes

First Au Limited Announces Arriving of Diamond Drill Rig At Onsite At the Snowstorm Project Area (EL5505) Within the Swifts Creek Goldfields, East Gippsland Victoria

First Au Limited has announced a Derivatives Offering in the amount of AUD 2.453515 million.

First Au Limited Announces High-Grade Rock Chips at Vicgold Project Drilling Starting

First Au Limited Announces Strong Assay Results, Including 20M @ 3.7 G/T Au from 72M (Containing 1M @ to 30 G/T Au) from Recent RC and Diamond Drilling At Its Gimlet Gold Project Near Kalgoorlie

First Au Limited Enters into Formal Farm-In and Joint Venture Agreement with 8AU Limited

First Au Limited Enters into Farm in Agreement with 8Au Pty Ltd

First Au Limited Appoints Gavin England as Technical Director

First Au Limited Announces the Approval of Granting of EL 006816

First half earnings released

First Au Limited has completed a Follow-on Equity Offering in the amount of AUD 0.28 million.

Shareholder Returns

Price Volatility

About the Company

First Au Limited Fundamentals Summary

14.9x

-1.8x

Earnings & Revenue