FAU Stock Overview

Explores for gold and base metal deposits in Western Australia and Victoria. More details

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

Rewards

Earnings have grown 6.8% per year over the past 5 years

Risk Analysis

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

Makes less than USD$1m in revenue (A$-77K)

Highly volatile share price over the past 3 months compared to the Australian market

Shareholders have been diluted in the past year

My Notes

Capture your thoughts, links and company narrative

First Au Limited Competitors

EV Resources

ASX:EVR

AU$2.8m

Pegmont Mines

NSX:PMI

AU$2.3m

Austin Metals

ASX:AYT

AU$5.3m

Tasman Resources

ASX:TAS

AU$4.0m

Price History & Performance

Summary of share price highs, lows and changes for First Au
Historical stock prices
Current Share Price	AU$0.002
52 Week High	AU$0.008
52 Week Low	AU$0.001
Beta	0.54
1 Month Change	33.33%
3 Month Change	33.33%
1 Year Change	-50.00%
3 Year Change	-77.78%
5 Year Change	-77.78%
Change since IPO	-94.29%

Recent updates

Shareholder Returns

	FAU	AU Metals and Mining	AU Market
7D	33.3%	-5.2%	-2.7%
1Y	-50.0%	-19.5%	6.5%

Return vs Industry: FAU underperformed the Australian Metals and Mining industry which returned -19.5% over the past year.

Return vs Market: FAU underperformed the Australian Market which returned 6.5% over the past year.

Price Volatility

Is FAU's price volatile compared to industry and market?
FAU volatility
FAU Average Weekly Movement	48.9%
Metals and Mining Industry Average Movement	10.6%
Market Average Movement	8.0%
10% most volatile stocks in AU Market	16.8%
10% least volatile stocks in AU Market	3.1%

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

Volatility Over Time: FAU's weekly volatility has increased from 41% to 49% over the past year.

About the Company

Founded	Employees	CEO	Website
1960	1	n/a	www.firstau.com

First Au Limited explores for gold and base metal deposits in Western Australia and Victoria. The company holds 100% interests in the Gimlet gold project located in the northwest of Kalgoorlie, Western Australia; and the Victorian Gold project. It also has an agreement to acquire 100% interests in the Kasepaarada Lithium project consists of 6 granted prospecting licenses covering an area of approximately 898 square kilometers located in the northwest of Accra, Ghana.

First Au Limited Fundamentals Summary

How do First Au's earnings and revenue compare to its market cap?
FAU fundamental statistics
Market cap	AU$2.72m
Earnings (TTM)	-AU$1.14m
Revenue (TTM)	n/a

-35.4x

P/S Ratio

-2.4x

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$76.82k
Cost of Revenue	AU$0
Gross Profit	-AU$76.82k
Other Expenses	AU$1.06m
Earnings	-AU$1.14m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.00063
Gross Margin	100.00%
Net Profit Margin	1,480.61%
Debt/Equity Ratio	0%

How did FAU perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/23 18:33
End of Day Share Price	2024/12/23 00:00
Earnings	2024/06/30
Annual Earnings	2023/12/31

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 here.

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 .

Analyst Sources

First Au Limited is covered by 0 analysts. 0 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

FAU Stock Overview

Rewards

Risk Analysis

First Au Limited Competitors

ASX:EVR

AU$2.8m

NSX:PMI

AU$2.3m

ASX:AYT

AU$5.3m

ASX:TAS

AU$4.0m

Price History & Performance

Recent News & Updates

First Au Limited has completed a Follow-on Equity Offering in the amount of AUD 0.325 million.

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

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

Recent updates

First Au Limited has completed a Follow-on Equity Offering in the amount of AUD 0.325 million.

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

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

No independent directors

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

No independent directors

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 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

-35.4x

-2.4x

Earnings & Revenue

Company Analysis and Financial Data Status

Data Sources