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Alvo Minerals Limited
(Sydney:ALV)
Alvo Minerals Limited (ALV) vs. iShares MSCI Australia ETF (EWA)
Alvo Minerals Limited Business Overview & Revenue Model
Alvo Minerals Limited Financial Statement Overview
| Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 22.27K | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -220.00K | -253.00K | -130.00K | -6.36K | 0.00 |
| EBITDA | -4.51M | -5.39M | -5.85M | -2.25M | -28.11K |
| Net Income | -4.76M | -5.64M | -5.99M | -2.21M | -386.00K |
Balance Sheet | |||||
| Total Assets | 1.76M | 2.64M | 3.26M | 9.57M | 576.15K |
| Cash, Cash Equivalents and Short-Term Investments | 1.07M | 1.70M | 551.72K | 8.90M | 99.27K |
| Total Debt | 0.00 | 31.58K | 52.94K | 43.98K | 75.08K |
| Total Liabilities | 281.40K | 460.42K | 236.91K | 222.28K | 255.27K |
| Stockholders Equity | 1.48M | 2.18M | 3.02M | 9.35M | 320.88K |
Cash Flow | |||||
| Free Cash Flow | -4.52M | -5.19M | -6.59M | -1.46M | -715.12K |
| Operating Cash Flow | -4.46M | -4.98M | -1.07M | -1.31M | -168.40K |
| Investing Cash Flow | -56.91K | 1.56M | -7.32M | -149.49K | -546.72K |
| Financing Cash Flow | 4.16M | 4.58M | -35.47K | 10.26M | 824.90K |
Alvo Minerals Limited Technical Analysis
Alvo Minerals Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
51 Neutral | $32.96M | ― | -20.67% | ― | ― | 4.00% | |
49 Neutral | $313.13M | 22.62 | 4.44% | ― | 0.39% | ― | |
44 Neutral | C$967.22M | -6.71 | -13.35% | 2.72% | 17.20% | -32.62% | |
33 Underperform | AU$5.08M | ― | -259.77% | ― | ― | 36.48% | |
31 Underperform | $91.72M | ― | -4.78% | ― | ― | -10.63% |
Alvo Minerals Limited Corporate Events
Alvo Minerals Limited has announced an extension to the closing date of its pro-rata non-renounceable entitlement offer, allowing eligible shareholders more time to participate. The offer includes the issuance of new shares and options, with the revised closing date set for 13 May 2025. This extension provides shareholders additional time to invest, potentially impacting the company’s capital structure and market positioning.
Alvo Minerals Limited has announced an extension to the closing date for its Entitlement Offer, moving it from May 6, 2025, to May 13, 2025. This extension aims to provide shareholders with additional time to participate in the offer, potentially impacting the company’s capital raising efforts and shareholder engagement.
Alvo Minerals Limited has announced its Annual General Meeting (AGM) for shareholders, scheduled for 29 May 2025. The company will not be sending physical copies of the Notice of Meeting, instead providing digital access via their website. Shareholders are encouraged to submit proxies and questions in advance, with the meeting to be held in-person, adhering to COVID-19 guidelines.
Alvo Minerals Limited has announced its Annual General Meeting (AGM) scheduled for May 29, 2025, in Nedlands, Western Australia. The meeting will address the company’s annual report, including financial statements and the directors’ and auditor’s reports for the year ending December 31, 2024. A key agenda item is the adoption of the Remuneration Report, which requires shareholder approval. Shareholders are encouraged to attend or vote by proxy, with specific voting exclusions applied to key management personnel.
Alvo Minerals Limited is hosting a webinar to discuss its Entitlement Offer and the proposed acquisition of the Lavra Velha Gold Project in Central Brazil. This acquisition is expected to complement Alvo’s existing portfolio, and the webinar will provide stakeholders with insights into the strategic rationale behind the acquisition and the terms of the offer, allowing direct engagement with the management.
Alvo Minerals Limited announced updates to its entitlement offer, adjusting the issue price of new shares to $0.05 and the exercise price of new options to $0.10. This offer aims to raise approximately $2.93 million, primarily for exploration and the potential acquisition of the Lavra Velha Gold Project. The company has outlined a plan for the use of funds, with a significant portion allocated to due diligence and exploration activities. The entitlement offer includes a shortfall facility, allowing eligible shareholders to apply for additional shares and options, with any remaining shortfall to be managed at the discretion of the company’s directors.
Alvo Minerals Limited has announced the issuance of unlisted free-attaching options to acquire fully paid ordinary shares as part of a non-renounceable entitlement offer. This move is aimed at eligible shareholders who wish to invest in the company’s growth, with options exercisable at $0.10 and expiring two years after the closing date. The target market for these options includes experienced investors with the financial capability to evaluate the associated risks and potential benefits, while excluding inexperienced investors and those seeking immediate returns.
Alvo Minerals Limited has announced a pro-rata non-renounceable entitlement offer to raise approximately $2.93 million. The offer includes one new share for every two shares held by eligible shareholders, priced at $0.050 per new share, along with one unlisted free attaching option for every two new shares applied for, with an exercise price of $0.10 and an expiry date 24 months from the issue date. This initiative aims to provide additional capital and involves a shortfall offer for any shares not taken up, indicating a strategic move to bolster financial resources.
Alvo Minerals Limited has announced its Annual General Meeting scheduled for 29 May 2025, where the election of directors will be a key agenda item. The company is actively preparing for this event, with nominations for director positions closing on 16 April 2025. This meeting is significant for Alvo’s governance and strategic direction, impacting its stakeholders and future operations.
Alvo Minerals Limited has announced a proposed issue of securities, involving a standard pro rata issue of up to 58,726,945 ordinary fully paid securities and 29,363,473 entitlement options. This move is aimed at raising capital to support the company’s operations and growth initiatives. The announcement indicates a strategic effort to strengthen the company’s financial position and potentially increase its market presence, which could have implications for stakeholders and investors.
Alvo Minerals Limited has announced its intention to acquire the Lavra Velha Gold-Copper Project in Bahia State, Brazil, from Pan American Silver Corp. The acquisition is part of a strategic move to expand Alvo’s resource base, with the project offering significant exploration potential and a substantial existing gold resource. The company plans to fund the acquisition and initial exploration through a A$3.5 million entitlement offer. This acquisition is expected to enhance Alvo’s position in the mining industry by adding a promising gold-copper project to its portfolio, potentially increasing its market competitiveness and offering new opportunities for growth.
Alvo Minerals Limited has requested a trading halt on its securities pending an announcement regarding a potential material transaction and capital raising. This move indicates a significant development that could impact the company’s financial standing and market position, with the halt expected to be lifted by March 31, 2025, or upon the release of the announcement.
Alvo Minerals Limited has released its corporate governance statement for the financial year ending December 31, 2024, which is available on their website. The statement confirms that the company has adhered to the ASX Corporate Governance Council’s recommendations, detailing the roles and responsibilities of its board and management, and ensuring accountability of its company secretary to the board.