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Zuleika Gold Limited (ZAG) Fair Value & Analysis

Basic Materials · AU · Market cap A$31.5M

ZG Zuleika Gold Limited ZAG · AU
PriceA$0.0300
Fair ValueA$0.0240
Upside-20.0%
Quality92/100
Evidence: Low Range A$0.0240 – A$0.0240

Fair value as of: Jun 26, 2026

From 4 valuation models · updated 3 days ago

Fair value updated Jun 26, 2026 — revised from A$0.0300 to A$0.0240 (−20.0%) since Jun 24, 2026.

Price vs Fair Value (12 months)

A$0.0491 A$0.0091 Fair Value A$0.0240 Mar 2025 Jun 2026

12‑month range A$0.0091 – A$0.0491 · the A$0.0300 price screens above the A$0.0240 fair value. As of Jun 26, 2026.

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Analysis

Zuleika Gold Limited (ZAG) currently trades at A$0.0300, while our model-based Fair Value estimate is A$0.0240 — implying the stock looks roughly 20.0% overvalued today. We read business quality at 92/100 (high 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$71.2K. Revenue declined 13.8% year over year. It earns a return on equity of 122.9%. The balance sheet holds a net cash position of A$1.2M. Fundamentals as of Jun 26, 2026

Key figures & financial health

Revenue (TTM) A$71.2K
Revenue growth (YoY) -13.8%
Net margin 54,464%
Return on equity 123%
Free cash flow −A$1.5M FY2024
P/E ratio 0.7
More key figures
Operating margin 103,785%
EPS (TTM) A$0.0500
Net cash A$1.2M FY2024

Figures from reported company fundamentals (EODHD) · as of Jun 26, 2026. TTM = trailing twelve months.

About the company

Zuleika Gold Limited engages in the exploration, acquisition, development, and evaluation of gold properties in Australia. Its flagship project is the 100% owned Zuleika gold project that covers an area of approximately 230 square kilometers located on the Zuleika Shear in the Kalgoorlie-Menzies goldfields. The company was formerly known as Dampier Gold Limited and changed its name to Zuleika Gold Limited in February 2021. Zuleika Gold Limited was incorporated in 2010 and is based in West Perth, Australia.

Revenue & earnings trend

FY2020 – FY2024 · reported fiscal years

Zuleika Gold Limited reported revenue of A$78.2K in FY2024 versus A$11.6K in FY2020, a compound +61.0%/yr. Reported net income was −A$2.8M in FY2024.

Revenue +61.0%/yr
FY20 A$11.6K
FY21 A$8.8K
FY22 A$38.5K
FY23 A$72.8K
FY24 A$78.2K
Net income
FY20 −A$6.2M
FY21 −A$3.4M
FY22 −A$1.0M
FY23 A$198K
FY24 −A$2.8M

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Similar stocks

6 more Gold stocks, each showing price versus our Fair Value estimate (as of Jun 26, 2026).

Stock Price Fair Value vs Fair Value
Newmont Corporation NEMCL $112.00 $186.78 +67%
Zijin Mining Group 601899 ¥29.63 ¥43.68 +47%
Agnico Eagle Mines Limited AEM $160.16 $151.68 -5%
Barrick Mining Corporation B $40.14 $64.02 +59%
Wheaton Precious Metals Corp SII €113.40 €44.65 -61%
AngloGold Ashanti plc AU $91.85 $136.63 +49%

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Frequently asked questions

Is Zuleika Gold Limited (ZAG) undervalued?
As of Jun 26, 2026, our model estimates a fair value of A$0.0240 versus a price of A$0.0300 — about −20% (overvalued). Model-based estimate, not financial advice.
What is the fair value of ZAG?
Our 21-model fair value for Zuleika Gold Limited is A$0.0240 (as of Jun 26, 2026), built from audited fundamentals. The current price is A$0.0300.
What is the quality score of ZAG?
Zuleika Gold Limited has a Quality Score of 92/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Zuleika Gold Limited (ZAG)?
Zuleika Gold Limited reported trailing-twelve-month revenue of about A$71.2K (latest available figure, as of Jun 26, 2026).

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.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.