Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
ASN.AX
STRONG SELLREMOVEAnson Resources Limited · Basic Materials · United States · $63M · Avg Vol: $238K/d
Anson Resources is a lithium exploration company. The lithium market is currently experiencing severe structural oversupply, and as a non-producing explorer, Anson lacks the cash flows, margin of safety, and quality metrics required for our portfolio.
COMPANY DESCRIPTION
Anson Resources Limited explores and develops mineral resources, focusing on its flagship Paradox Lithium Project in Utah, USA, which aims to produce battery-grade lithium carbonate. The company utilizes a direct lithium extraction process to extract lithium from underground brines, offering a lower environmental footprint and faster production times. It is a strategically located developer poised to supply the North American electric vehicle supply chain with domestic, low-carbon lithium.
FINANCIAL SUMMARY
| Year | 2022 | 2023 | 2024 | 2025 | CAGR |
|---|---|---|---|---|---|
| Revenue | — | — | — | — | — |
| EPS | -0.00 | -0.01 | -0.01 | -0.00 | — |
| Shares | 1.0B | 1.3B | 1.3B | 1.4B | +34.9% |
| Debt | 851,597 | 1M | 1M | 898,615 | 1.8% |
| Equity | 5M | 41M | 36M | 35M | 87.9% |
| Op CF | — | — | — | — | — |
| Inv CF | -2M | -4M | -16M | -3M | — |
| Fin CF | 8M | 35M | -323,854 | 5M | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Basic Materials, ranked by industry match, size, and score similarity. Cross-listings of ASN.AX are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| ASN.AX | Anson Resources Limited(you) | $63M | 8 | STRONG SELL |
| WWR | Westwater Resources, Inc. | $73M | 11 | STRONG SELL |
| USGO | U.S. GoldMining Inc. | $135M | 7 | STRONG SELL |
| 6KA.AX | 6K Additive Inc | $142M | 13 | STRONG SELL |
| 3DA.AX | Amaero Ltd | $257M | 17 | STRONG SELL |
| MPW.AX | METALPWLTD FPO [MPW] | $227M | 25 | SELL |
| ALOY | REalloys Inc. | $596M | 12 | STRONG SELL |
| NB | NioCorp Developments Ltd. | $868M | 18 | STRONG SELL |
| IPX | IperionX Limited | $1.3B | 10 | STRONG SELL |
| CRML | Critical Metals Corp. | $1.7B | 10 | STRONG SELL |
Peer medians: ROE 6.7% · P/E 22.2x · Gross margin 24.6%