Prospect Resources (ASX: PSC) — Company Overview, News & Financial Data
Prospect Resources is an Australian exploration company focused on lithium and electrification metals.
Prospect Resources
Prospect Resources is an Australian battery metals exploration and development company focused on critical minerals across sub-Saharan Africa. The company identifies, acquires, and advances mineral deposits to support global electrification and battery supply chains. Its primary operational focus encompasses copper exploration in Zambia alongside hard-rock lithium and rubidium projects in Namibia and Zimbabwe. Prospect Resources conducts systematic drilling programs, metallurgical evaluations, and resource modeling to define economic mineral assets, leveraging an experienced technical team based in Perth and across African project locations.
Snapshot
Operations
Products and/or services of Prospect Resources
- Copper Exploration: Exploration and evaluation of high-grade copper deposits in Zambia's North-Western Province, targeting sediment-hosted stratiform copper systems through extensive surface drilling, geophysical mapping, core sampling, and metallurgical testing programs to define primary mineral resources.
- Hard-Rock Lithium Exploration: Exploration and diamond drilling of hard-rock pegmatites in Zimbabwe, focusing on high-grade spodumene and petalite mineralisation to evaluate mineralised strike extensions, depth continuity, and resource potential across prioritized prospective target zones.
- Pegmatite Lithium Delineation: Resource delineation and reverse-circulation drilling of pegmatite fields in Namibia, evaluating spodumene and lepidolite target areas to establish initial mineral resource estimates and determine optimal metallurgical processing options.
- Rubidium Resource Assessment: Geochemical assessment and assaying of rubidium mineralisation within pegmatite field complexes in Namibia, evaluating strategic co-extraction pathways and potential high-value minor metal product streams alongside main lithium recovery circuits.
Prospect Resources executive team
- Samuel HosackMD, CEO & Director
- Ian John GoldbergCFO & Executive Director
- David BroomfieldCorporate Development Manager
- John MaketoTechnical Manager
- Roger TylerChief Geologist
- Lee TamplinJoint Company Secretary
- Jenny MacasarteJoint Company Secretary
Latest news about Prospect Resources
Prospect Resources expands Phase 3 drilling in Zambia
AustraliaProspect Resources expands Phase 3 Mumbezhi drilling
AustraliaProspect Resources confirms copper breakthrough in Zambia
AustraliaProspect Resources to lift Mumbezhi Project stake to 90%
AustraliaProspect Resource secures $45M for major copper drilling
AustraliaProspect Resources boosts Mumbezhi copper resource
Australia
Recent announcements
What Prospect Resources (PSC) has told the market, newest first.
- Change of Director's Interest Notice x2
- Argonaut Copper Connect Day Presentation
- Shallow, Wide, plus 1% Cu Intercepts at Nyungu CentralPrice sensitive
- Notification regarding unquoted securities - PSC
Dividend history
Dividends per share paid by Prospect Resources, by financial year.
| Financial year | Interim | Final | Special | Total |
|---|---|---|---|---|
| FY2027(to date) | — | — | — | $0.1260 |
| FY2023 | — | $0.7900 | — | $0.7900 |
Key financials
Reported results for Prospect Resources, in AUD.
- Market cap
- 213.5M
- Revenue (TTM)
- 801K
- P/E ratio
- —
- EPS (diluted, TTM)
- -0.0
- Dividend yield
- —
- Profit margin
- 0.0%
| Fiscal year end | Revenue | Operating income | Net income |
|---|---|---|---|
| — | -6.9M | -7.9M | |
| 200K | -7.8M | -8.1M | |
| 801K | -7.3M | -7M | |
| 825K | -6.2M | -5.5M |