Sheffield Resources Limited (SFX) AI Stock Analysis

• Market Cap: $69.09M
• Dividend Yield: N/A
• Average Volume (3M): 161.41K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.46
• Revenue Growth: N/A
• EPS Growth: -320.07%
• Country: AU
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 60
• Industry: Mining
• EPS (TTM): -0.13
• Shares Outstanding: 394,804,960
• 10 Day Avg. Volume: 143,798
• 30 Day Avg. Volume: 161,407
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• Price to Cash Flow (P/CF): N/A
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: $0.19
• Price Target Upside: 4.02% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 2

Sheffield Resources Limited is facing financial difficulties, with significant challenges in revenue generation and cash flow sustainability. Despite a debt-free balance sheet, the lack of income and negative cash flows are major concerns. Technical indicators suggest bearish momentum, with the stock trading below key moving averages and negative momentum indicators. The lack of profitability and absence of dividend yield further highlight valuation concerns.

Sheffield Resources Limited Business Overview & Revenue Model

Company Description

Sheffield Resources Limited (SFX) is an Australian-based mineral sands company focused on the exploration, development, and production of mineral sands resources primarily in Western Australia. The company's flagship project is the Thunderbird Mineral Sands Project, which is one of the world's largest and highest-grade undeveloped mineral sands deposits. Sheffield Resources is dedicated to the sustainable development of its mineral assets, with an emphasis on zircon and titanium dioxide products, which are essential for a variety of industrial applications, including ceramics, coatings, and pigments.

How the Company Makes Money

Sheffield Resources Limited generates revenue primarily through the extraction, processing, and sale of mineral sands, particularly zircon and titanium dioxide minerals, from its Thunderbird Mineral Sands Project. The company's revenue model is based on the sale of these minerals to industrial clients who utilize them in the production of ceramics, coatings, and other products. Key revenue streams include the export of processed mineral sands to international markets, where demand for these raw materials is driven by the construction, automotive, and manufacturing industries. Significant partnerships, such as offtake agreements with major buyers in the mineral sands market, play a crucial role in stabilizing earnings and ensuring long-term revenue generation. Additionally, the company's focus on operational efficiency and sustainable practices contributes to its economic viability and market competitiveness.

Sheffield Resources Limited Financial Statement Overview

Summary

Income Statement

Balance Sheet

Cash Flow

Breakdown
Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement		Total Revenue
0.00	0.00	0.00	215.00	196.00
	Gross Profit
0.00	0.00	0.00	-456.79K	-683.80K
	EBIT
-4.24M	-8.61M	-3.38M	32.54M	-8.64M
	EBITDA
-313.00K	0.00	-2.53M	32.99M	-7.53M
	Net Income Common Stockholders
-32.19M	-8.61M	26.08M	28.01M	-8.45M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
9.88M	24.41M	40.22M	6.52M	7.08M
	Total Assets
138.58M	169.92M	155.80M	129.87M	91.17M
	Total Debt
0.00	0.00	0.00	0.00	1.51M
	Net Debt
-9.88M	-24.41M	-40.22M	-6.52M	-5.57M
	Total Liabilities
447.00K	302.00K	174.00K	1.48M	4.36M
	Stockholders Equity
138.13M	169.62M	155.63M	128.39M	86.82M
Cash Flow		Free Cash Flow
-4.57M	-2.23M	25.88M	-12.80M	-11.21M
	Operating Cash Flow
-2.31M	-2.23M	26.08M	-7.26M	-4.46M
	Investing Cash Flow
-12.19M	-35.30M	35.83M	-5.83M	-7.65M
	Financing Cash Flow
-31.00K	21.71M	0.00	12.52M	16.50M

Sheffield Resources Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.18
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:SFX, the sentiment is Negative. The current price of 0.18 is below the 20-day moving average (MA) of 0.19, below the 50-day MA of 0.20, and below the 200-day MA of 0.23, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 43.95 is Neutral, neither overbought nor oversold. The STOCH value of 8.33 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:SFX.

Sheffield Resources Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ALK	68 Neutral	$454.16M	24.59	5.86%	―	10.37%	-39.24%
ILU	66 Neutral	AU$1.64B	7.06	10.39%	2.12%	-9.35%	-32.77%
Sector *	49 Neutral	$1.95B	-1.59	-21.99%	3.77%	0.61%	-27.45%
MIN	48 Neutral	$3.56B	50.78	-33.95%	4.54%	2.22%	-411.10%
SYR	44 Neutral	$265.77M	―	-33.63%	―	-33.27%	-10.07%
SFX	40 Underperform	$69.09M	―	-36.70%	―	―	-320.07%

Sheffield Resources Limited Corporate Events

Sheffield Resources Achieves Record Shipments and Positive Cash Flow at Thunderbird Mine

Sheffield Resources Limited reported a successful quarter for its Thunderbird Mineral Sands Mine, achieving a milestone of one million operating hours without lost time injuries and generating a positive operating cash flow of $32 million. The company recorded a significant increase in product shipments, with 226,940 metric tonnes shipped, including 82,199 tonnes of zircon concentrate. The company plans to ramp up production to meet future targets, aiming for substantial increases in ilmenite and zircon concentrate production by Q1 FY27, which is expected to enhance its market position and operational capabilities.

Sheffield Resources Achieves Record Zircon Sales in March Quarter

Sheffield Resources Limited announced record zircon sales for the March 2025 quarter, with 82,000 tonnes of zircon concentrate shipped, significantly reducing inventory levels. The strong sales, driven by increased customer interest and an expanded customer base, are expected to result in the first positive operating cash flow for the Thunderbird mine, marking a significant turnaround for the company’s operations.

Sheffield Resources Limited Releases Interim Financial Report for 2024

Sheffield Resources Limited has released its interim financial report for the half-year ending December 31, 2024. The report includes comprehensive financial statements and declarations, providing insights into the company’s financial performance and position. This release is crucial for stakeholders as it offers a detailed view of the company’s financial health, which can impact its operational strategies and market positioning.

Sheffield Resources Resumes Operations at Thunderbird Mine, Maintains Production Forecasts

Sheffield Resources Limited announced the resumption of operations at the Thunderbird Mineral Sands Mine in Western Australia after a temporary suspension due to Cyclone Zelia. The company’s production forecasts for ilmenite and zircon concentrates for the March 2025 quarter remain unchanged. This operational update underscores Sheffield’s resilience and commitment to maintaining its production targets, ensuring stability in its market position and continued supply to its customers.

Sheffield Resources Boosts Zircon Sales Outlook Amid Operational Enhancements

Sheffield Resources Limited announced an increase in zircon sales guidance for the March 2025 quarter, with expected shipments of 55,000 to 70,000 tonnes, surpassing the previous forecast. Despite a temporary suspension of operations due to Cyclone Zelia, the company maintains its production estimates and continues shipments unaffected. Efforts are underway to enhance productivity and cost efficiency at the Thunderbird Mineral Sands Mine, with the appointment of a new waste mining contractor and ongoing development of mining and processing plans.

Sheffield Resources Secures $30 Million for Growth Strategy

Sheffield Resources Limited has announced a $30 million share placement and entitlement issue to support its growth strategy. This capital raise is expected to advance the company’s strategic objectives, focusing on the development of its mineral sands projects, including the Thunderbird project, thereby potentially enhancing its market position and delivering value to stakeholders.