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Adavale Resources Limited
(Sydney:ADD)
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Rating:41Neutral
Price Target:
AU$0.03
â–¼(-15.00% Downside)
Action:Reiterated
Date:06/27/26
The score is held down primarily by weak financial performance (pre-revenue scale, large losses, negative free cash flow, and negative equity despite no debt) and very bearish technical conditions (price below major moving averages with negative MACD and extremely low RSI). Valuation provides limited offset due to negative earnings and no dividend yield data.
Positive Factors
Low leverage / No reported debt
The absence of reported debt provides durable financial flexibility for a junior explorer. It lowers bankruptcy and interest burden risk, preserves options to raise project financing or JV on better terms, and supports continued exploration without immediate debt service pressures.
Negative Factors
Pre-revenue / persistent large losses
The company remains essentially pre-revenue with recurring large operating and net losses. This structural lack of earnings capacity requires ongoing external capital, increases dilution risk, and limits the company's ability to self-fund exploration or development over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage / No reported debt
The absence of reported debt provides durable financial flexibility for a junior explorer. It lowers bankruptcy and interest burden risk, preserves options to raise project financing or JV on better terms, and supports continued exploration without immediate debt service pressures.
Read all positive factors
Adavale Resources Limited (ADD) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$13.79M
Dividend YieldN/A
Average Volume (3M)2.09M
Price to Earnings (P/E)―
Beta (1Y)3.05
Revenue Growth-100.00%
EPS Growth32.04%
CountryAU
Employees20
SectorEnergy
Sector Strength52
IndustryUranium
Share Statistics
EPS (TTM)-0.04
Shares Outstanding394,021,150
10 Day Avg. Volume3,477,620
30 Day Avg. Volume2,089,159
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)-43.86
Price to Sales (P/S)38.57
P/FCF Ratio-0.93
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Adavale Resources Limited Business Overview & Revenue Model
Company Description
Adavale Resources Limited specializes in the exploration of mineral properties, with operations spanning Australia and Tanzania. The company boasts full ownership of the Kabanga Jirani Nickel project, an expansive 1,267 square kilometer site locat...
How the Company Makes Money
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Adavale Resources Limited Financial Statement Overview
Summary
Income Statement
9
Very Negative
Balance Sheet
18
Very Negative
Cash Flow
10
Very Negative
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 43.80K | 103.64K | 0.00 | 0.00 | ― |
| Gross Profit | -14.03K | 43.80K | 103.64K | -27.71K | -27.15K | -2.90K |
| EBITDA | -5.10M | -3.95M | -4.57M | -4.55M | -4.64M | -2.01M |
| Net Income | -5.15M | -4.05M | -4.70M | -4.95M | -4.67M | -2.05M |
Balance Sheet | ||||||
| Total Assets | 1.46M | 286.52K | 360.69K | 1.07M | 505.74K | 1.47M |
| Cash, Cash Equivalents and Short-Term Investments | 1.27M | 200.79K | 280.30K | 893.47K | 391.39K | 1.42M |
| Total Debt | 71.46K | 0.00 | 0.00 | 1.94M | 0.00 | 1.00M |
| Total Liabilities | 455.73K | 325.04K | 72.52K | 2.13M | 294.76K | 474.83K |
| Stockholders Equity | 1.00M | -38.51K | 288.17K | -1.06M | 210.97K | 997.92K |
Cash Flow | ||||||
| Free Cash Flow | -2.59M | -1.81M | -4.38M | -4.36M | -4.35M | -1.32M |
| Operating Cash Flow | -2.59M | -1.81M | -4.38M | -4.35M | -4.26M | -1.30M |
| Investing Cash Flow | 0.00 | 0.00 | 0.00 | -2.48K | -89.05K | -15.56K |
| Financing Cash Flow | 3.51M | 1.73M | 3.77M | 4.85M | 3.28M | 2.66M |
Adavale Resources Limited Technical Analysis
Positive
0.04
Price Trends
0.04
Positive
Market Momentum
<0.01
Positive
58.63
Neutral
62.50
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:ADD, the sentiment is Positive. The current price of 0.04 is below the 20-day moving average (MA) of 0.05, below the 50-day MA of 0.04, and equal to the 200-day MA of ―, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 58.63 is Neutral, neither overbought nor oversold. The STOCH value of 62.50 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:ADD.
Adavale Resources Limited Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
52 Neutral | AU$17.61M | -33.60 | -1.07% | ― | ― | -4.17% | |
47 Neutral | AU$8.24M | 10.00 | 39.18% | ― | ― | ― | |
45 Neutral | AU$117.67M | -9.40 | -32.33% | ― | ― | 37.27% | |
44 Neutral | AU$6.38M | -8.27 | >-0.01% | ― | ― | 8.10% | |
44 Neutral | AU$5.18M | -2.03 | -14.37% | ― | ― | 55.76% | |
41 Neutral | AU$13.79M | -1.02 | -1070.16% | ― | -100.00% | 32.04% |
* Energy Sector Average
AU:ADD
Adavale Resources Limited
0.04
0.01
52.17%
AU:EL8
Elevate Uranium Ltd
0.25
<0.01
2.04%
AU:EME
Energy Metals Ltd
0.08
<0.01
5.00%
AU:1AE
Aurora Energy Metals Limited
0.05
-0.02
-28.13%
AU:T92
Terra Uranium Limited
0.04
0.01
38.71%
AU:BSN
Basin Energy Limited
0.02
<0.01
10.00%
Adavale Resources Limited Corporate Events
Adavale boosts gold resources and consolidates Parkes belt as London-Victoria drilling advances
Jul 31, 2026
Adavale Resources reported a highly active June quarter centred on an 88-hole, 18,000-metre systematic infill drilling program at the London-Victoria gold mine, where assay results continue to extend mineralisation below the historic open pit. The...
Adavale Finds Multiple High-Grade Gold Intercepts Near London-Victoria Mine
Jul 21, 2026
Adavale Resources has identified multiple shallow high-grade gold intercepts at six additional prospects located along strike and adjacent to its London-Victoria Gold Mine within the Parkes Thrust Project. These prospects, including Drapers, Nibbl...
Adavale Adds Resolution to Correct Terms of Performance Rights
Jul 7, 2026
Adavale Resources Limited has issued an addendum to its notice of general meeting scheduled for 17 July 2026, adding a new Resolution 7 to the agenda. The board proposes to correct the terms and conditions of the Class C and Class D performance ri...
Adavale Drilling Extends Gold Mineralisation at London-Victoria Ahead of Resource Update
Jul 6, 2026
Assay results from 14 additional reverse circulation holes at the London-Victoria open pit confirm extensions of gold mineralisation beneath the historic workings. The new intercepts, including multi-metre intervals above 1 gram per tonne gold, re...
Adavale Director Reshapes Indirect Equity Holdings Through Rights Conversion and Share Acquisition
Jul 6, 2026
Adavale Resources Limited has disclosed changes to the indirect holdings of director Allan Ritchie, reflecting a reconfiguration of his interests across shares, options and performance rights. The notice details that several beneficiary entities a...
Adavale Resources Expands ASX-Quoted Securities With New Shares and Options
Jul 2, 2026
Adavale Resources Limited has applied for the quotation of 3,360,000 new ordinary fully paid shares and 11,930,000 options expiring on 31 December 2027 on the ASX. The issuance of these securities, tied to previously announced transactions, expand...
Adavale Confirms Compliance on New Securities Issuance Under Section 708A
Jun 30, 2026
Adavale Resources Limited has lodged a Section 708A notice with the ASX confirming that recently issued securities, referenced in its latest Appendix 2A filings, were made without a formal disclosure document under Part 6D.2 of the Corporations Ac...
Adavale Resources Seeks Quotation for 10 Million New ASX Shares
Jun 30, 2026
Adavale Resources Limited, an ASX-listed resources company, focuses on exploration and development within the mining and commodities sector. Its ordinary fully paid shares, traded under the code ADD, provide investors exposure to the firm’s ...
Adavale Resources Seeks ASX Quotation for 20.5 Million New Shares
Jun 30, 2026
Adavale Resources Limited has lodged an application with the ASX for the quotation of 20,500,000 new ordinary fully paid shares. The securities, issued on June 30, 2026, expand the company’s listed capital base under its existing ADD ticker....
Adavale Seeks ASX Quotation for 35 Million Long-Dated Options
Jun 24, 2026
Adavale Resources Limited has lodged an application with the ASX for the quotation of 35 million options, which are set to expire on 31 December 2027. The options, trading under the security code ADDO, were issued on 24 June 2026 as part of previo...
Adavale expands London-Victoria drilling as Parkes Thrust strategy advances
Jun 23, 2026
Adavale Resources has reported assay results from 13 additional drillholes at its London-Victoria gold mine, adding 2,751 metres to a total of 14,155 metres drilled to date in New South Wales. The latest program, supported by two operating rigs an...
Adavale calls July 2026 virtual meeting to seek approval for major share and option issues
Jun 16, 2026
Adavale Resources Limited has called a virtual general meeting for 17 July 2026, where shareholders will vote on a series of resolutions to approve new share and option issues. Eligibility to vote is set for shareholders registered as of 15 July 2...
Adavale Resolutions Pass as Parkes Project Strengthens Gold-Copper Focus
Jun 10, 2026
Adavale Resources Limited, an ASX-listed mineral exploration company, is focused on developing its Parkes Project in central New South Wales, which spans 11 exploration licences and a mining licence over roughly 610 square kilometres in the Macqua...
Adavale Resources Plans Major Share and Option Issue to Boost Capital Base
May 31, 2026
Adavale Resources Limited has outlined plans for a new capital raise via a proposed issue of securities on the ASX, including 22,500,000 ordinary fully paid shares and two tranches of 22,500,000 options each, exercisable at $0.10 and $0.20 respect...
Adavale ramps up extensional drilling to advance gold and copper projects
May 7, 2026
Adavale Resources Limited has commenced an extensional drilling campaign, deploying two rigs on site and planning to deliver assay results on a monthly basis, signalling an active phase of exploration. The programme is supported by competent perso...
Adavale calls virtual meeting to approve major share and option issues
May 6, 2026
Adavale Resources Limited has called a virtual general meeting for 10 June 2026, with shareholders able to participate and vote online via Zoom and the Computershare platform. The board has set 4.00 p.m. WST on 8 June 2026 as the record time for d...
Adavale Assays Point to Resource Growth at London-Victoria Gold Mine
Apr 30, 2026
Adavale Resources has reported assay results from the first six drill holes of its ongoing infill drilling campaign at the London-Victoria Gold Mine, totaling 1,338 metres out of 5,594 metres drilled so far. The program, supported by two rigs and ...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.