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Adavale Resources Limited
(Sydney:ADD)
Adavale Resources Limited (ADD) vs. iShares MSCI Australia ETF (EWA)
Adavale Resources Limited Business Overview & Revenue Model
Adavale Resources Limited Financial Statement Overview
| Breakdown | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 43.80K | 103.64K | 0.00 | 0.00 | ― |
| Gross Profit | 43.80K | 103.64K | -27.71K | -27.15K | -2.90K |
| EBITDA | -3.95M | -4.57M | -4.55M | -4.64M | -2.01M |
| Net Income | -4.05M | -4.70M | -4.95M | -4.67M | -2.05M |
Balance Sheet | |||||
| Total Assets | 286.52K | 360.69K | 1.07M | 505.74K | 1.47M |
| Cash, Cash Equivalents and Short-Term Investments | 200.79K | 280.30K | 893.47K | 391.39K | 1.42M |
| Total Debt | 0.00 | 0.00 | 1.94M | 0.00 | 1.00M |
| Total Liabilities | 325.04K | 72.52K | 2.13M | 294.76K | 474.83K |
| Stockholders Equity | -38.51K | 288.17K | -1.06M | 210.97K | 997.92K |
Cash Flow | |||||
| Free Cash Flow | -1.81M | -4.38M | -4.36M | -4.35M | -1.32M |
| Operating Cash Flow | -1.81M | -4.38M | -4.35M | -4.26M | -1.30M |
| Investing Cash Flow | 0.00 | 0.00 | -2.48K | -89.05K | -15.56K |
| Financing Cash Flow | 1.73M | 3.77M | 4.85M | 3.28M | 2.66M |
Adavale Resources Limited Peers Comparison
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% | |
54 Neutral | AU$320.62M | -8.41 | -7.01% | ― | -100.00% | 49.49% | |
50 Neutral | AU$172.41M | -10.34 | -69.11% | ― | ― | 1.38% | |
46 Neutral | AU$19.92M | -38.00 | -0.93% | ― | ― | 8.33% | |
44 Neutral | AU$16.13M | -1.03 | -3247.83% | ― | -57.74% | 60.13% | |
43 Neutral | AU$142.72M | -7.91 | -26.26% | ― | ― | -75.25% | |
40 Underperform | AU$7.90M | -3.79 | -75.69% | ― | ― | -141.67% |
Adavale Resources Limited Corporate Events
Adavale Resources has expanded its landholding adjacent to the Parkes Gold-Copper Project, consolidating tenure over the Ashes Prospect and the southern strike extension of the London–Victoria gold corridor. The enlarged, now contiguous ground position enables integrated interpretation of geophysical, structural and historical datasets across the area.
Historical IP surveying at Ashes has revealed a strong, coherent chargeability anomaly that now sits entirely within Adavale’s control and is being reinterpreted as a potential zone of sulphide mineralisation. High-grade rock chip samples coincident with these anomalies, along with historic workings and favourable geology in the newly secured EL9178, underscore the potential for additional mineralised zones and rapid generation of new drill-ready targets near the company’s existing deposit.
The most recent analyst rating on (AU:ADD) stock is a Hold with a A$0.05 price target. To see the full list of analyst forecasts on Adavale Resources Limited stock, see the AU:ADD Stock Forecast page.
Adavale Resources Limited has notified the market that it has issued new securities without a prospectus under the exemption provisions of section 708A of the Corporations Act. The company confirmed it is up to date with its financial reporting and continuous disclosure obligations and stated there is no additional material information that investors would reasonably expect in a full disclosure document.
This notice effectively clears the newly issued securities for secondary trading by confirming regulatory compliance and the absence of undisclosed price-sensitive information. The announcement reassures investors that the placement of these securities has been conducted within the framework of Australian corporate law, supporting market transparency and maintaining confidence in the company’s governance practices.
The most recent analyst rating on (AU:ADD) stock is a Sell with a A$0.04 price target. To see the full list of analyst forecasts on Adavale Resources Limited stock, see the AU:ADD Stock Forecast page.
Adavale Resources Limited has applied to the ASX for quotation of 60 million new ordinary fully paid shares, expanding its listed capital base under the ticker ADD. The securities, issued on 9 February 2026, form part of a previously announced transaction, signalling an increase in the company’s equity on issue and potential dilution alongside additional funding flexibility for shareholders and stakeholders.
The move formalises the admission of these shares to trading on the Australian Securities Exchange, integrating them into the company’s existing capital structure. This step may enhance liquidity in Adavale’s stock and reflects ongoing corporate activity that could support its future operational and strategic initiatives in the resources sector.
The most recent analyst rating on (AU:ADD) stock is a Sell with a A$0.04 price target. To see the full list of analyst forecasts on Adavale Resources Limited stock, see the AU:ADD Stock Forecast page.
Adavale Resources has reported final Phase 2 drilling assays from the London-Victoria Gold Mine, confirming strong continuity of gold mineralisation beneath the existing pit and validating its structural geology model. The latest seven reverse circulation holes, including standout intercepts such as 28 metres at 1.53 grams per tonne gold and 21 metres at 1.40 grams per tonne, demonstrate that the mineralised system remains open at depth, down plunge and along strike.
Management noted that Phase 2 drilling tested only a small portion of the 1.5 kilometre open pit length, reinforcing confidence in the broader strike potential of the deposit. Building on these results and a recently completed capital raising, Adavale has commenced and expanded a Phase 3 drilling program of an initial 6,000 metres to accelerate resource expansion and advance London-Victoria toward near-term production, potentially strengthening its position in the regional gold sector.
The most recent analyst rating on (AU:ADD) stock is a Sell with a A$0.04 price target. To see the full list of analyst forecasts on Adavale Resources Limited stock, see the AU:ADD Stock Forecast page.
Adavale Resources has raised $5.15 million via a heavily oversubscribed share placement at $0.05 per share to accelerate work at its London Victoria Gold Mine and broader Parkes Gold & Copper Project. The capital raising, strongly backed by the cornerstone investor maintaining a 20% stake, major shareholders and new long-term gold investors, will fund an expanded Phase 3 drilling program following significant intercepts in earlier phases, metallurgical test work, and an updated mineral resource estimate, as well as ongoing greenfields exploration and general working capital, reinforcing market confidence in the company’s growth strategy and potential resource upside.
The most recent analyst rating on (AU:ADD) stock is a Hold with a A$0.05 price target. To see the full list of analyst forecasts on Adavale Resources Limited stock, see the AU:ADD Stock Forecast page.
Adavale Resources Limited has lodged details of a proposed capital raising with the ASX, outlining a placement or similar issue structure that will see up to 60 million new ordinary fully paid shares and 30 million options (expiring 31 December 2027) issued, subject to finalisation. The new securities, expected to be issued on 10 February 2026, will expand the company’s capital base and may provide additional funding capacity for its exploration and operational activities, with implications for existing shareholder dilution and the company’s ability to advance its resource projects in a competitive sector.
The most recent analyst rating on (AU:ADD) stock is a Hold with a A$0.05 price target. To see the full list of analyst forecasts on Adavale Resources Limited stock, see the AU:ADD Stock Forecast page.
Adavale Resources reported significant progress at its Parkes Gold and Copper Project during the December 2025 quarter, completing a 12-hole Phase 2 reverse circulation drilling campaign at the London-Victoria Gold Mine that delivered the highest-grade gold intercepts recorded at the project to date, reinforcing the potential for near-term production beyond the current mineral resource. An independent structural geology study and integration of historic BHP Gold data have improved geological understanding, identifying stacked mineralised zones and confirming the system remains open along multiple directions, while regional exploration advanced with ground magnetic surveys and rock-chip sampling, and the company further de-risked its Marree Uranium Project by securing full Native Title consent and strengthened its leadership team with the appointment of David Ward as Managing Director to drive accelerated exploration in 2026.
The most recent analyst rating on (AU:ADD) stock is a Hold with a A$0.05 price target. To see the full list of analyst forecasts on Adavale Resources Limited stock, see the AU:ADD Stock Forecast page.
Adavale Resources Limited has requested an immediate trading halt on its securities on the ASX while it prepares an announcement regarding a capital raising. The halt will remain in place until either the capital raising announcement is released or normal trading resumes on Monday, 2 February 2026. The move signals that Adavale is in the process of securing new funding, which may impact its capital structure and near-term liquidity, and could be material for existing shareholders and prospective investors awaiting clarity on the terms of the raising.
The most recent analyst rating on (AU:ADD) stock is a Hold with a A$0.05 price target. To see the full list of analyst forecasts on Adavale Resources Limited stock, see the AU:ADD Stock Forecast page.
Adavale Resources Limited has disclosed a change in the indirect interests of director Allan Ritchie, primarily via entities and trusts of which he is a beneficiary. As at 31 December 2025, Ritchie’s holding was reduced through the lapse or disposal of 37,225 listed options exercisable at $0.60 expiring on 31 December 2025 and 165,000 Class B(i) performance rights expiring on the same date, with no new securities acquired. The notification clarifies the updated breakdown of his indirect holdings and signals a modest adjustment in board-level exposure to near-term equity incentives without affecting longer-dated options and performance rights.
The most recent analyst rating on (AU:ADD) stock is a Hold with a A$0.05 price target. To see the full list of analyst forecasts on Adavale Resources Limited stock, see the AU:ADD Stock Forecast page.
Adavale Resources Limited has confirmed the lapse of 862,500 performance rights, which expired unexercised on 31 December 2025. The cessation of these securities slightly reduces the company’s potential future share dilution and clarifies its issued capital structure for existing shareholders and the market.
The most recent analyst rating on (AU:ADD) stock is a Hold with a A$0.05 price target. To see the full list of analyst forecasts on Adavale Resources Limited stock, see the AU:ADD Stock Forecast page.
Adavale Resources has completed a 2,411-metre Phase 2 reverse circulation drilling program across 12 holes at the brownfields London-Victoria Gold Mine, targeting extensions of known mineralisation below the existing pit and aiming to grow the current 3.14Mt at 1.06g/t Au resource. Supported by new structural modelling and historical BHP Gold data, the campaign is designed to validate structural controls, test potential fold repeats and southern plunges of the orebody, and underpin further resource expansion, scoping studies and metallurgical work planned for 2026, positioning the project for potential near-term production while parallel exploration advances at the Corner and Parkvale South prospects.
Adavale Resources Limited has announced a change in the director’s interest, specifically concerning Allan Ritchie. The change involves the acquisition of 7,500,000 performance rights and the disposal of 3,000,000 performance rights expiring in January 2028. This adjustment in director’s interest may impact the company’s governance and strategic decision-making, potentially influencing stakeholder confidence and market perception.
Adavale Resources Limited announced the issuance of 25 million performance rights under an employee incentive scheme. These unquoted securities are subject to transfer restrictions and are not listed on the ASX until these restrictions are lifted, potentially impacting employee motivation and retention.
Adavale Resources Limited announced the cessation of 8,250,000 performance rights due to a cancellation agreement between the entity and the holder. This move may impact the company’s capital structure and reflects ongoing adjustments in its operational strategies, potentially influencing stakeholder perceptions and market positioning.
Adavale Resources Limited announced the expiry of 27,135,930 quoted options exercisable at $0.60 each, set to lapse on December 31, 2025. The options are significantly out of the money, with the last closing market price of the underlying shares at $0.052, leading the company to decide against sending expiry notices to option holders. This decision reflects the current market conditions and the company’s strategic approach to managing its financial instruments.
Adavale Resources Limited has commenced the second phase of drilling at its London-Victoria Gold Mine, part of the Parkes Gold-Copper Project. This phase involves a 2,300-meter RC drilling campaign targeting extensions beneath the southern part of the existing pit, aiming to expand the gold resource beyond the current Mineral Resource Estimate. The drilling program, led by newly appointed Managing Director David Ward, is informed by recent structural geology models and seeks to explore the potential growth of the mineralised system.