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NickelSearch Ltd.
(Sydney:AM5)
NickelSearch Ltd. (AM5) vs. iShares MSCI Australia ETF (EWA)
NickelSearch Ltd. Business Overview & Revenue Model
NickelSearch Ltd. Financial Statement Overview
| Breakdown | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|
Income Statement | ||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -18.07K | 0.00 | 0.00 | 0.00 |
| EBITDA | -5.07M | -15.53M | -2.02M | -1.87M |
| Net Income | -4.57M | -15.62M | -2.08M | -1.88M |
Balance Sheet | ||||
| Total Assets | 3.87M | 4.88M | 15.96M | 14.31M |
| Cash, Cash Equivalents and Short-Term Investments | 1.37M | 1.68M | 1.90M | 4.61M |
| Total Debt | 0.00 | 0.00 | 132.84K | 0.00 |
| Total Liabilities | 2.42M | 2.63M | 3.09M | 1.89M |
| Stockholders Equity | 1.45M | 2.25M | 12.88M | 12.42M |
Cash Flow | ||||
| Free Cash Flow | -2.69M | -3.94M | -4.87M | -4.99M |
| Operating Cash Flow | -2.68M | 0.00 | 0.00 | 0.00 |
| Investing Cash Flow | -53.66K | -1.65M | -3.34M | -3.34M |
| Financing Cash Flow | 2.42M | 3.42M | 2.16M | 9.09M |
NickelSearch Ltd. Peers Comparison
NickelSearch Ltd. Corporate Events
Antares Metals Limited has released its interim report for the period ended 31 December 2025, outlining its current corporate structure and governance arrangements. The report confirms the composition of the board, company secretary, share registry, auditor and key contact details, reinforcing the company’s compliance and administrative framework as an ASX-listed metals firm.
While the document is largely formal and administrative in nature, it underscores Antares Metals’ established presence within the Australian corporate and regulatory environment. The confirmation of its listing status, professional service providers and governance roles provides stakeholders with assurance about the company’s operational oversight and investor-facing infrastructure.
The most recent analyst rating on (AU:AM5) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on NickelSearch Ltd. stock, see the AU:AM5 Stock Forecast page.
Antares Metals has reported high‑grade uranium assay results from a maiden reverse circulation drilling program at its Queens Gift Uranium Project in northwest Queensland. The five‑hole, 954‑metre campaign was designed to test down‑dip extensions of known mineralisation and collect data to upgrade the project’s mineral resource estimate to the JORC 2012 standard.
Key results included a standout intercept in hole ADQ002 of 20 metres at 741 parts per million U3O8 from 60 metres depth, including 8 metres at 1,288 ppm U3O8. All holes intersected both uranium mineralisation and characteristic albitite alteration associated with Mt Isa‑style deposits, reinforcing the project’s scale potential and underpinning further exploration across Antares’ broader Queensland uranium portfolio.
The most recent analyst rating on (AU:AM5) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on NickelSearch Ltd. stock, see the AU:AM5 Stock Forecast page.
Antares Metals Limited has updated the market on its capital structure following the lapse of 5,000,000 performance rights, which ceased on 23 February 2026 after the conditions attached to these rights were not met or became incapable of being satisfied. The cessation of these performance rights slightly reduces the company’s potential future equity dilution, clarifying its issued capital position for existing shareholders and prospective investors.
The announcement, lodged as an Appendix 3H notification with the ASX, formalises the removal of these conditional securities from Antares Metals’ register. This step provides greater transparency around the company’s outstanding equity-based incentives and may influence how the market assesses management’s incentive structures and potential future share issuance.
The most recent analyst rating on (AU:AM5) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on NickelSearch Ltd. stock, see the AU:AM5 Stock Forecast page.
Antares Metals has issued a cleansing statement under section 708A(5)(e) of the Corporations Act following the allotment of 125,036,776 fully paid ordinary shares to Tranche 2 placement participants and 87,500,000 fully paid ordinary shares to vendors as consideration for acquiring the Quinns and Katanning gold and copper projects. The company confirmed that these new shares were issued without a disclosure document, that it remains compliant with its continuous disclosure and financial reporting obligations, and that there is no excluded information requiring disclosure, thereby ensuring the newly issued securities can be freely tradeable and reinforcing regulatory transparency for investors.
The most recent analyst rating on (AU:AM5) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on NickelSearch Ltd. stock, see the AU:AM5 Stock Forecast page.
Antares Metals reported a highly active December quarter marked by the 100% acquisition of the Quinns Gold & Copper-Zinc VMS Project and the Katanning Gold Project in Western Australia, both strategically located near operating mills and large gold resources, enhancing the company’s exposure to gold and copper in established mining districts. At its Mt Isa North Project, Antares identified a previously unrecognised, district-scale copper mineralisation corridor at the Cromwell prospect with rock samples up to 22.5% copper, extended mineralisation with further sampling, and commenced a 1,000-metre drilling program at the Queens Gift Uranium Project, while also strengthening its balance sheet with a $2.0 million strategic placement and appointing Terence Topping as managing director to drive accelerated exploration and resource definition in 2026.
The most recent analyst rating on (AU:AM5) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on NickelSearch Ltd. stock, see the AU:AM5 Stock Forecast page.
Antares Metals Limited has notified the market of the issuance of 30 million unquoted options with an exercise price of $0.02 and an expiry date of 31 January 2029. The new options, which are not intended to be quoted on the ASX, form part of previously announced transactions and represent a significant addition to the company’s unquoted equity base, potentially providing future capital inflows if exercised and further aligning stakeholders with the company’s long‑term growth plans.
The most recent analyst rating on (AU:AM5) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on NickelSearch Ltd. stock, see the AU:AM5 Stock Forecast page.
Antares Metals Limited has notified the market of the issue of 29,166,667 unquoted options, exercisable at $0.02 and expiring on 31 January 2029. The options, which form part of previously announced transactions and are not intended to be quoted on the ASX, expand the company’s unquoted equity base and may provide additional future capital if exercised, with implications for dilution and ownership structure for existing stakeholders.
The most recent analyst rating on (AU:AM5) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on NickelSearch Ltd. stock, see the AU:AM5 Stock Forecast page.
Antares Metals Limited has notified the market of the issue of 126,875,000 unquoted options with an exercise price of $0.02 and an expiry date of 31 January 2029. The large tranche of long-dated options, issued under a previously announced transaction and not intended to be quoted on the ASX, represents a significant potential source of future equity capital and may influence the company’s capital structure and incentive arrangements over the medium term.
The most recent analyst rating on (AU:AM5) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on NickelSearch Ltd. stock, see the AU:AM5 Stock Forecast page.
Antares Metals has disclosed a change in the security holdings of director Richard Maddocks following a director placement that was approved by shareholders. Maddocks acquired 625,000 fully paid ordinary shares and 312,500 unlisted options exercisable at $0.02, for a total consideration of $5,000, increasing his indirect holding to 1,642,612 shares alongside existing options and performance rights. The transaction, which did not occur during a closed trading period, modestly increases director alignment with shareholders through additional equity exposure and reflects ongoing capital management activity within the company.
The most recent analyst rating on (AU:AM5) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on NickelSearch Ltd. stock, see the AU:AM5 Stock Forecast page.
Antares Metals Limited has appointed Mr Terence Topping as a director effective 29 January 2026, with an accompanying grant of 20 million performance rights expiring on 31 January 2029, aligning his incentives with the company’s long-term performance. Topping also holds indirect interests through Kilonova Metals Pty Ltd and the TTJT Trust, which collectively control substantial parcels of fully paid ordinary shares and unlisted options in Antares Metals, underscoring his significant financial exposure to the company’s future and signalling a strengthened alignment between board leadership and shareholder interests.
The most recent analyst rating on (AU:AM5) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on NickelSearch Ltd. stock, see the AU:AM5 Stock Forecast page.
Antares Metals has disclosed a change in the interests of director Mark Anthony Connelly following the issue of director placement securities approved by shareholders. Connelly acquired 2,500,000 fully paid ordinary shares and 1,250,000 options exercisable at $0.02 and expiring in January 2029 for a total consideration of $20,000, increasing his holding to 3,277,778 shares along with a range of options and performance rights, in a transaction that was not conducted during a closed trading period and reflects further alignment of the director’s interests with those of shareholders.
The most recent analyst rating on (AU:AM5) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on NickelSearch Ltd. stock, see the AU:AM5 Stock Forecast page.
Antares Metals has completed the acquisition of 100% interests in the Quinns Gold & Copper-Zinc VMS Project and the Katanning Gold Project in Western Australia, consolidating 295km² of highly prospective tenure across the Meekatharra greenstone belt and the southern Yilgarn Craton. The Quinns project, near existing processing mills, is an underexplored historic gold field that also hosts the historic Austin VMS deposit, while Katanning lies along strike from Ausgold’s 2.44Moz Katanning gold resource. Alongside the acquisitions, Antares has closed a $2.03m capital raising to fully fund near-term exploration and appointed experienced geologist Terence Topping as managing director, with fieldwork, data compilation, target generation and maiden drilling programs now underway at Quinns and Katanning, and assay results pending from copper and uranium exploration at its Mt Isa North project. These moves materially expand Antares’ landholding in established mineral provinces, strengthen its leadership and balance sheet, and set up a busy exploration pipeline that could reshape the company’s growth profile if forthcoming drilling and assay outcomes are positive.
The most recent analyst rating on (AU:AM5) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on NickelSearch Ltd. stock, see the AU:AM5 Stock Forecast page.
Antares Metals Limited has notified the market that it has issued 20 million unquoted performance rights, expiring on 31 January 2029. The new securities, which will not be quoted on the ASX, form part of a previously announced transaction and are likely intended to support long-term incentives or capital management, signaling ongoing alignment of management and stakeholders with the company’s future performance.
The most recent analyst rating on (AU:AM5) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on NickelSearch Ltd. stock, see the AU:AM5 Stock Forecast page.
Antares Metals Limited has applied for quotation on the ASX of 87.5 million new ordinary fully paid shares, issued on 29 January 2026. The move significantly increases the company’s quoted share capital and reflects its ongoing use of equity markets to fund operations and growth initiatives, with potential implications for existing shareholders through capital structure changes and dilution.
The most recent analyst rating on (AU:AM5) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on NickelSearch Ltd. stock, see the AU:AM5 Stock Forecast page.
Antares Metals Limited has applied to the ASX for quotation of 125,036,775 new fully paid ordinary shares, to be issued on 28 January 2026 under the company’s existing capital management program. The enlarged pool of quoted securities is expected to support the company’s funding capacity and liquidity in the market, potentially enhancing its ability to advance ongoing projects and strengthening its position among ASX-listed junior resource companies.
The most recent analyst rating on (AU:AM5) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on NickelSearch Ltd. stock, see the AU:AM5 Stock Forecast page.
Antares Metals Ltd announced that all ten resolutions put to its general meeting of shareholders on 20 January 2026 were passed by poll, reflecting strong investor support across the agenda. The approvals include ratification of prior share placements, authorisation for a second tranche of placement shares, the issue of placement options, and the issuance of placement securities to related parties on the board, consolidating the company’s capital-raising activities and board-aligned participation, which together strengthen its funding position and governance backing for future initiatives.
The most recent analyst rating on (AU:AM5) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on NickelSearch Ltd. stock, see the AU:AM5 Stock Forecast page.