IRIS Metals Limited (IR1) Fair Value & Analysis
Basic Materials · AU · Market cap A$19.0M
Fair value as of: Jul 12, 2026
From 1 valuation models · updated 29 days ago
Share price −25.8% over the past month.
Below-average quality, and screening another 48% overvalued on our models.
What matters now
- The price sits above even our optimistic bull case (A$0.0303). The favourable scenario is already priced in.
- Weak quality (14/100) and above fair value at the same time, the margin of safety is missing on both counts.
- The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
Price vs Fair Value (5 years)
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 12, 2026.
How to read this chart
59‑month range A$0.0490 – A$2.24 · fair‑value band A$0.0247 – A$0.0303 · the A$0.0490 price screens above the A$0.0255 fair value. Dashed = 300-day average. As of Jul 12, 2026.
Analysis
IRIS Metals Limited (IR1) currently trades at A$0.0490, while our model-based Fair Value estimate is A$0.0255, implying the stock looks roughly 48.0% overvalued today. The Quality Score stands at 14/100 (below-average quality), in the Basic Materials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: low).
Trailing-twelve-month revenue stands at A$100K. It earns a return on equity of -30.2%. The balance sheet holds a net cash position of A$4.6M. Fundamentals as of Jul 12, 2026
Our scenario range runs from A$0.0247 (bear case) to A$0.0303 (bull case); at A$0.0490, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. For context, the median of 10 Basic Materials peers we cover trades at 16% fair-value upside, at -48%, IR1 screens richer than that median.
Fair Value models
Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.
All 1 models by family
Notify me when IR1 reaches fair value
Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.
Key figures & financial health
Figures from reported company fundamentals · as of Jul 12, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 21 · Market factors (momentum, volatility) 16
Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.
About the company
IRIS Metals Limited engages in exploration, evaluation, and acquisition of mining tenements in South Dakota, the United States. It explores for lithium, diamond, pegmatite, LCT pegmatites, spodumene, and lithium spodumene deposits. IRIS Metals Limited was incorporated in 2020 and is based in South Yarra, Australia.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2021 – FY2026 · reported fiscal years
IRIS Metals Limited reported revenue of A$0 in FY2025 versus A$0 in FY2021. Reported net income was −A$22.3M in FY2026.
IR1 screens 48% overvalued. Compare with Newmont Corporation →
Peer Group
Gold · 259 stocks
How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.
Valuation Multiples vs Gold median · lower = cheaper
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.
Similar stocks
10 more Gold stocks, each showing price versus our Fair Value estimate (as of Jul 12, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Newmont Corporation NEMCL | $112.00 | $132.73 | +19% |
| Zijin Mining Group 601899 | ¥28.36 | ¥30.58 | +8% |
| Agnico Eagle Mines Limited AEM | C$191.93 | C$154.33 | -20% |
| Barrick Mining Corporation B | $34.93 | $50.66 | +45% |
| Wheaton Precious Metals Corp WPM | C$152.57 | C$52.47 | -66% |
| Franco-Nevada Corporation FNV | C$284.75 | C$97.76 | -66% |
| AngloGold Ashanti plc AU | $76.35 | $88.63 | +16% |
| Gold Fields Limited GFI | $33.33 | $59.06 | +77% |
| Kinross Gold Corporation KGC | $22.57 | $34.62 | +53% |
| Northern Star Resources Limited NST | A$20.48 | A$15.98 | -22% |
Compare IRIS Metals Limited with another stock
Price, fair value, quality and upside side by side.
Explore undervalued stocks
More undervalued Basic Materials stocks →
Frequently asked questions
Is IRIS Metals Limited (IR1) overvalued or undervalued?
What is the fair value of IR1?
What is the quality score of IR1?
What is the revenue of IRIS Metals Limited (IR1)?
What is the net profit margin of IR1?
How we calculate Fair Value
Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.
Track IRIS Metals Limited and try Pro for 14 days
One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.
Zero risk: nothing is ever charged. After 14 days you decide whether to stay.