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Companies Basic Materials FG1.AX
FG
FG1.AX ASX Diversified Mining

Fg1.Ax

A$0,02
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1D5D1M3M6MYTD1Y5YMax
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Mcap
P/E
EV / Rev
Div yield
0,00 %
Op margin
-9 085,2 %
ROE
-477,0 %
Net margin
-8 899,4 %
Debt / equity
0,00
Beta
52w range
Volume
Day range
Prev close
Open
Next earnings
Ex-dividend
TR 1Y
About

FG1.AX operates in the Diversified Mining industry, extracting and processing various minerals and metals, and generates revenue primarily through the sale of these commodities.

Business. FG1.AX operates in the Diversified Mining industry, extracting and processing various minerals and metals, and generates revenue primarily through the sale of these commodities.

Classification92 %
SectorBasic Materials
Business sectorMineral Resources
IndustryDiversified Mining
Generated · model-assisted
Sell-side consensus
consensus pending
— buy— hold— sell
Avg 12m price target
Upcoming events
— missing data
See all catalysts →

At a glance

Score
not yet scored
Valuation
valuation pending
Analysts
not yet wired
Ownership
not yet wired
Profitability
-477,0 %
return on equity
Quality
not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning FG1.
  • Sector rotation

    Sector1D1Mvs mkt
    Materials · THIS SECTOR+2,3 %+6,6 %+1,7 %
    Communication Services+2,2 %−5,5 %+1,6 %
    Energy+0,6 %+3,3 %+0,0 %
    Health Care+0,6 %−0,8 %+0,0 %
    Information Technology+0,6 %+6,7 %+0,0 %
    Consumer Discretionary+0,4 %+7,6 %−0,2 %
    Financials−0,3 %−2,8 %−0,9 %
    Consumer Staples−0,4 %+2,5 %−1,0 %
    Real Estate−0,7 %+10,9 %−1,3 %
    Industrials−1,9 %−3,1 %−2,5 %
    Utilities−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to FG1.AX. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Macro
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
    • Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
    • Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Synthesis

    Business

    FG1.AX operates in the Diversified Mining industry, extracting and processing various minerals and metals, and generates revenue primarily through the sale of these commodities.

    Classification92 %
    SectorBasic Materials
    Business sectorMineral Resources
    IndustryDiversified Mining
    AI synthesis
    GENERATED

    FG1.AX's capital structure and liquidity position show a current ratio of 1.86, indicating the company has sufficient current assets to cover its current liabilities. However, the company's operating cash flow is negative at -4,084,970 AUD, and its free cash flow is also negative at -4,004,770 AUD, suggesting a lack of liquidity from core operations. The company's debt-to-equity ratio is 0.0, indicating no long-term debt, but its net cash position is negative after subtracting total debt, signaling potential liquidity risk.

    In terms of profitability, FG1.AX is underperforming, with a return on equity of -4.77 and a return on assets of -2.51, both significantly below the industry median for Diversified Mining. The company's gross profit is negative at -590,470 AUD, and its operating income is -4,122,850 AUD, reflecting a challenging operating environment and cost overruns.

    FG1.AX's revenue is not segmented by geographic region or product line in the available data, but the company's exposure to the Diversified Mining industry suggests a concentration in mineral and metal extraction, with potential geographic exposure to regions where it operates. The lack of segment data limits the ability to assess geographic or product diversification.

    The company's growth trajectory is uncertain, with no outlook data provided for the current or next fiscal year. Historical revenue data shows a revenue of 45,380 AUD, but the negative operating and net income figures suggest a lack of growth and operational challenges. The absence of forward-looking guidance makes it difficult to assess future performance.

    Risk factors for FG1.AX include medium liquidity risk due to negative operating and free cash flows, and a negative net cash position after subtracting total debt. The company's dilution risk is low, with no significant dilution potential reported, and no adjustments applied to its valuation metrics. However, the negative financial performance raises concerns about the company's ability to sustain operations without external financing.

    Recent events and filings for FG1.AX are not detailed in the available data, but the company's financial performance suggests potential operational and financial challenges that may be discussed in upcoming filings or transcripts. The lack of recent event data limits the ability to assess the company's current strategic direction.

    Key takeaways
    • FG1.AX is experiencing significant financial distress, with negative operating and net income, and negative cash flows from operations.
    • The company's liquidity position is weak, with a current ratio of 1.86 and negative net cash after subtracting total debt.
    • FG1.AX's profitability metrics are far below industry medians, indicating poor operational performance.
    • The company's growth trajectory is unclear due to the absence of forward-looking guidance and negative historical performance.
    • FG1.AX's risk profile includes medium liquidity risk and low dilution risk, but the financial challenges suggest potential for increased risk in the future.
    • The lack of segment and geographic data limits the ability to assess diversification and exposure to specific markets.

    Bull / Bear case

    analysis pipeline
    — missing data

    In focus — financials by report

    Valuation

    Market price
    A$0,02
    Market cap
    Enterprise value
    P/E
    Non-GAAP P/E
    EV / Revenue
    EV / Op income
    EV / OCF
    P / B
    P / Tangible book
    Tangible book
    A$846.7k
    Net cash
    -A$3.9k
    Current ratio
    1.9
    Debt / equity
    0.0
    ROA
    -2.5%
    ROE
    -4.8%
    Cash conversion
    101.0%
    CapEx / revenue
    -15.2%
    SBC / revenue
    Dilution ratio
    0.0%

    Revenue by segment

    Market share

    — missing data

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    — missing data

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskMedium
    Filing-based flags
    • Net cash is negative after subtracting total debt.

    Benchmarks vs cohort

    Op Margin-9 085,2 %Bottom quartile
    Net Margin-8 899,4 %Bottom quartile
    ROE-477,0 %Bottom quartile
    Capex / Rev-15,2 %Above median
    D/E0,00Above median
    Cash Conv1,01Above median

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    How metrics are computed
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Net Cash
      cash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
    • Capex To Revenue
      capital_expenditure / revenue
    • Return On Equity
      net_income / total_equity
    • Debt To Equity
      (short_term_debt + long_term_debt) / total_equity
    • Cash Conversion Ratio
      operating_cash_flow / net_income
    Source documents
    • FG1.AX Market data — financials · 2026-05-27

    Ownership & reference

    Insider activity

    — missing data

    Short positioning

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    FG1.AXCanonical
    ASX · AUD

    Intel & risk

    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskMedium
    Net cash is negative after subtracting total debt.

    Evidence & claims

    From filings & derived data
    — missing data

    The Thread

    Everything we know, in order
    — missing data
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage