Dreadnought Resources Boosts Exploration Spend on Back of Strong Equity Raising

Dreadnought Resources Limited ( (AU:DRE) ) has provided an update.

Dreadnought Resources reported its quarterly cash flow for the period ended 31 December 2025, highlighting a modest net cash inflow of A$192,000 from operating activities, supported by government grants and tax incentives of A$386,000 and interest income of A$125,000. The company significantly increased investment in exploration and evaluation, with A$2.75 million spent during the quarter and A$5.44 million over six months, resulting in a net cash outflow of A$2.76 million from investing activities. This elevated exploration spend was largely funded by strong financing inflows, including A$18.61 million raised from equity issues and option exercises offset by A$1.19 million in transaction costs, delivering a net A$17.41 million inflow from financing activities. Overall, the cash movements underscore Dreadnought’s strategy of aggressively funding exploration through equity capital, reinforcing its growth-focused positioning while increasing its dependence on capital markets to support ongoing exploration programmes.

The most recent analyst rating on (AU:DRE) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Dreadnought Resources Limited stock, see the AU:DRE Stock Forecast page.

More about Dreadnought Resources Limited

Dreadnought Resources Limited is an Australian-listed mining exploration company focused on the acquisition, exploration and evaluation of mineral tenements. Its activities centre on advancing early-stage exploration projects, with spending primarily directed to exploration and evaluation rather than production or development, positioning it as a high‑growth, pre‑revenue explorer in the resources sector.

Average Trading Volume: 8,281,766

Technical Sentiment Signal: Hold

Current Market Cap: A$146.7M

For detailed information about DRE stock, go to TipRanks’ Stock Analysis page.