Ardiden Limited (AU:ADV)
ASX:ADV
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Ardiden
(Sydney:ADV)
Select Model
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Rating:54Neutral
Price Target:
AU$0.35
▲(17.33% Upside)
Action:ReiteratedDate:01/30/26
The score is driven primarily by mixed financial performance: a low-debt balance sheet and improved recent cash flow are positives, but highly unstable/weak operating results and recent losses materially constrain the outlook. Technicals are supportive due to an uptrend, though overbought signals add near-term risk, and valuation is pressured by a negative P/E and no dividend support.
Positive Factors
Low leverage
Near-zero debt gives the company durable financial flexibility: it lowers refinancing and default risk, preserves credit capacity, and allows management to pursue operational fixes or selective investment without immediate financing, supporting stability over the next 2–6 months.
Negative Factors
Highly unstable revenue
Volatile and effectively negative revenue undermines predictability of cash flows and indicates weak core demand or accounting/recognition issues. Over 2–6 months this constrains planning, hampers margin recovery, and limits the company’s ability to demonstrate a sustainable commercial business.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage
Near-zero debt gives the company durable financial flexibility: it lowers refinancing and default risk, preserves credit capacity, and allows management to pursue operational fixes or selective investment without immediate financing, supporting stability over the next 2–6 months.
Read all positive factors
Ardiden (ADV) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$75.22M
Dividend YieldN/A
Average Volume (3M)348.28K
Price to Earnings (P/E)―
Beta (1Y)1.04
Revenue GrowthN/A
EPS Growth86.51%
CountryAU
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding214,906,400
10 Day Avg. Volume418,352
30 Day Avg. Volume348,282
Financial Highlights & Ratios
PEG Ratio0.08
Price to Book (P/B)0.33
Price to Sales (P/S)-44.08
P/FCF Ratio22.42
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
Ardiden Business Overview & Revenue Model
Company Description
Ardiden Limited engages in the exploration of mineral properties in Australia and Canada. The company explores for gold and lithium properties. It holds 100% interests in the Pickle Lake Gold project covering an area of 1,088 square kilometers; an...
How the Company Makes Money
null...
Ardiden Financial Statement Overview
Summary
Income Statement
24
Negative
Balance Sheet
71
Positive
Cash Flow
58
Neutral
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | -225.94K | 0.00 | 13.51K | 1.25K | 200.58K |
| Gross Profit | 0.00 | -225.94K | -73.00K | -109.00K | -106.57K | 170.86K |
| EBITDA | -1.68M | -1.45M | -10.12M | 15.90M | -1.79M | -1.21M |
| Net Income | -1.87M | -1.37M | -10.19M | 15.75M | 2.87M | -1.23M |
Balance Sheet | ||||||
| Total Assets | 87.52M | 30.62M | 31.80M | 42.29M | 27.72M | 17.24M |
| Cash, Cash Equivalents and Short-Term Investments | 18.80M | 11.44M | 11.84M | 18.88M | 4.37M | 1.24M |
| Total Debt | 17.29M | 0.00 | 0.00 | 58.20K | 124.57K | 187.14K |
| Total Liabilities | 17.89M | 127.06K | 116.28K | 361.09K | 1.77M | 533.96K |
| Stockholders Equity | 69.63M | 30.49M | 31.69M | 41.93M | 25.95M | 16.70M |
Cash Flow | ||||||
| Free Cash Flow | -3.08M | 444.22K | 1.35M | -8.63M | -6.20M | -5.01M |
| Operating Cash Flow | -3.01M | 639.47K | 2.20M | -2.04M | -1.43M | -854.73K |
| Investing Cash Flow | -104.62K | -156.06K | -519.76K | 7.12M | -1.52M | -4.23M |
| Financing Cash Flow | 9.74M | 0.00 | -35.29K | -67.86K | 6.05M | 4.83M |
Ardiden Technical Analysis
Neutral
0.30
Price Trends
0.41
Negative
0.37
Negative
0.29
Positive
Market Momentum
-0.02
Negative
43.78
Neutral
49.02
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:ADV, the sentiment is Neutral. The current price of 0.3 is below the 20-day moving average (MA) of 0.36, below the 50-day MA of 0.41, and above the 200-day MA of 0.29, indicating a neutral trend. The MACD of -0.02 indicates Negative momentum. The RSI at 43.78 is Neutral, neither overbought nor oversold. The STOCH value of 49.02 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for AU:ADV.
Ardiden Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
54 Neutral | AU$75.22M | -10.12 | -3.73% | ― | ― | 86.51% | |
52 Neutral | AU$72.43M | -10.85 | -5.62% | ― | ― | ― | |
46 Neutral | AU$37.05M | -4.34 | -19.53% | ― | ― | 3.79% | |
44 Neutral | AU$71.27M | -3.59 | -7.29% | ― | -100.00% | -12.21% | |
43 Neutral | AU$36.96M | -11.22 | -0.02% | ― | ― | -12.34% | |
42 Neutral | AU$88.27M | -4.96 | -7.41% | ― | ― | 42.69% |
* Basic Materials Sector Average
AU:ADV
Ardiden
0.35
0.20
146.43%
AU:AVL
Australian Vanadium
0.24
-0.04
-14.55%
AU:LEL
Lithium Energy Ltd.
0.33
-0.04
-10.81%
AU:AR3
Australian Rare Earths Limited
0.15
0.06
81.25%
AU:EMH
European Metals Holdings Limited
0.30
0.08
36.36%
AU:OCN
Oceana Lithium Ltd.
0.44
0.41
1712.50%
Ardiden Corporate Events
Ardiden Director Updates Equity Interests After Option Expiry
Apr 7, 2026
Ardiden Ltd has reported a change in the interests of director Tara Robson, disclosing the expiry without exercise of 116,279 options expiring on 4 April 2026 with an exercise price of $0.946. Following this change, Robson’s direct holdings ...
Ardiden Options Lapse Without Exercise, Trimming Potential Dilution
Apr 7, 2026
Ardiden Ltd has notified the market of the expiry of 116,279 listed options (ADVAF) that were due to expire on 4 April 2026 with an exercise price of $0.946. The options lapsed without being exercised, resulting in a reduction of potential dilutio...
Ardiden Confirms High-Grade Gold System in First Rouyn Drilling Results
Mar 26, 2026
Ardiden has reported its first assay results from the 2026 diamond drilling campaign at the Astoria deposit within the Rouyn Gold Project, confirming a high-grade gold system with standout intersections including 7 metres at 16.1 g/t gold and a 1-...
Ardiden Shares Halted Pending Release of Exploration Assay Results
Mar 25, 2026
Ardiden Limited has requested and been granted a trading halt on its shares by the ASX, with the suspension of trading effective immediately and expected to last until no later than the commencement of normal trading on 27 March 2026. The company ...
Ardiden Details Half-Year Structure and Canadian Expansion
Mar 11, 2026
Ardiden Limited has released its condensed consolidated half-year financial report for the period ended 31 December 2025, detailing the group structure and governance framework. The report confirms the full ownership and consolidation of Canadian ...
Ardiden Relocates Registered Office to New West Perth Premises
Mar 10, 2026
Ardiden Limited has changed its registered office and principal place of business to Level 3, 1138 Hay Street, West Perth, Western Australia, effective 11 March 2026. The company has maintained its existing postal address and main telephone contac...
Ardiden Advances Rouyn Gold Project with Drilling, Environmental and Economic Studies
Mar 2, 2026
Ardiden has completed 2,925 metres of diamond drilling across nine holes at the Astoria area of its Rouyn Gold Project, aiming to test structural continuity and depth extensions to expand the existing mineral resource. Logging to date aligns with ...
Ardiden director Tara Robson lifts indirect stake through on-market share purchase
Feb 10, 2026
Ardiden Ltd has disclosed a change in the indirect holdings of director Tara Robson, stemming from an on-market acquisition of company shares by her spouse, Ken Robson. The transaction involved the purchase of 49,950 fully paid ordinary shares for...
Ardiden Completes Lac Gold Merger and Launches Major Drilling Campaign at Québec Rouyn Project
Jan 29, 2026
Ardiden has completed its merger with Lac Gold, making Lac Gold a wholly owned subsidiary and securing full ownership of the Rouyn Gold Project in Québec, Canada, thereby creating additional scale, optionality and financial flexibility for it...
Ardiden Outlines Strategy to Unlock Canada’s Next Major Gold Discovery
Jan 28, 2026
Ardiden has released an investor briefing dated 28 January 2026 outlining its strategy to unlock what it describes as Canada’s next world-class gold discovery through exploration and development of its Pickle Lake and Rouyn gold projects. Th...
Ardiden Launches 15,000m Phase 1 Drilling at Rouyn Gold Project in Québec
Jan 26, 2026
Ardiden Ltd has commenced a 15,000-metre Phase 1 diamond drilling campaign at its Rouyn Gold Project in Québec, marking its first drilling program on the property and a key milestone in advancing the asset. The work, initially focused on the ...
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.