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Metalicity Limited
(Sydney:ARI)
Metalicity Limited (ARI) vs. iShares MSCI Australia ETF (EWA)
Metalicity Limited Business Overview & Revenue Model
Metalicity Limited Financial Statement Overview
| Breakdown | Jun 2025 | Jun 2023 | Jun 2020 |
|---|---|---|---|
Income Statement | |||
| Total Revenue | 0.00 | 0.00 | 0.00 |
| Gross Profit | -1.73K | 0.00 | 0.00 |
| EBITDA | -1.09M | -1.01M | -2.00M |
| Net Income | -1.22M | -1.02M | -2.88M |
Balance Sheet | |||
| Total Assets | 20.27M | 9.71M | 9.88M |
| Cash, Cash Equivalents and Short-Term Investments | 3.62M | 2.18M | 4.05M |
| Total Debt | 0.00 | 150.08K | 27.62K |
| Total Liabilities | 1.59M | 290.63K | 1.08M |
| Stockholders Equity | 16.10M | 9.59M | 8.89M |
Cash Flow | |||
| Free Cash Flow | -909.34K | -1.95M | -5.87M |
| Operating Cash Flow | -867.73K | 0.00 | 0.00 |
| Investing Cash Flow | -3.56M | -786.21K | -2.99M |
| Financing Cash Flow | 7.88M | 1.44M | 8.36M |
Metalicity Limited Peers Comparison
Metalicity Limited Corporate Events
Arika Resources Limited has notified the market that 600,000 performance rights, classified as ARIAD, have lapsed following the expiry of the underlying options or convertible securities without being exercised or converted as of 21 February 2026. The cessation of these rights marginally reduces the company’s potential future share dilution, clarifies its issued capital position for investors, and may signal the conclusion or non-vesting of part of its incentive arrangements.
The adjustment to Arika’s securities register does not involve any new capital raising or cash inflow but refines the company’s equity overhang profile. For shareholders, this update provides greater transparency on the company’s outstanding incentives, potentially affecting perceptions of future earnings per share and dilution risk.
The most recent analyst rating on (AU:ARI) stock is a Hold with a A$0.04 price target. To see the full list of analyst forecasts on Metalicity Limited stock, see the AU:ARI Stock Forecast page.
Arika Resources has released an investor presentation positioning itself for a potential market re-rating on the back of accelerating exploration at its Yundamindra and Kookynie gold projects in Western Australia. The company emphasises that current disclosures draw on previously reported exploration and resource data, and that no new information has emerged to alter the underlying technical or resource assumptions.
The presentation reiterates that historical production figures for key mines in the area are not yet reported under the JORC 2012 Code, and that further work will be required to upgrade this information to modern reporting standards. By consolidating prior exploration results and clarifying the status of its resource data, Arika is seeking to underpin investor confidence in its growth pipeline while it advances evaluation and development plans across its Leonora-Laverton assets.
The most recent analyst rating on (AU:ARI) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on Metalicity Limited stock, see the AU:ARI Stock Forecast page.
Arika Resources Limited has lodged an Appendix 3B with the ASX outlining its intention to issue up to 12 million new fully paid ordinary shares via a placement or similar equity raising mechanism. The proposed securities issuance, scheduled with an issue date of 27 March 2031, signals the company’s move to access additional capital, which may be used to support future exploration, project development, or corporate activities and could lead to dilution for existing shareholders while potentially strengthening the balance sheet and funding growth initiatives.
The most recent analyst rating on (AU:ARI) stock is a Hold with a A$0.04 price target. To see the full list of analyst forecasts on Metalicity Limited stock, see the AU:ARI Stock Forecast page.
Arika Resources Limited, listed on the ASX under the code ARI, has announced a proposed placement of up to 58,823,529 new fully paid ordinary shares. The securities are expected to be issued on 7 April 2026, signalling a significant capital-raising move that may bolster the company’s funding capacity and potentially support future operational or growth initiatives, though specific use of proceeds was not disclosed in the filing.
The most recent analyst rating on (AU:ARI) stock is a Hold with a A$0.04 price target. To see the full list of analyst forecasts on Metalicity Limited stock, see the AU:ARI Stock Forecast page.
Arika Resources has entered into a binding agreement to acquire the remaining 20% interest in the Yundamindra and Kookynie gold projects from Nex Metals, moving to full ownership of its flagship Western Australian assets. The transaction, to be completed via subsidiary KYM Mining, includes a mix of cash, escrowed shares and milestone-based deferred shares, and will terminate existing joint venture arrangements once customary shareholder and regulatory approvals are obtained. Management says consolidating 100% of the projects will simplify operations, enhance strategic flexibility and allow accelerated exploration across highly prospective tenements that have already returned strong drilling results at Yundamindra’s Pennyweight Point prospect. With drilling restarted in early January, assays pending from late-2025 and current programs, and work progressing toward a maiden mineral resource estimate, the deal positions Arika for an active 2026 exploration campaign and is framed by the company as a value-accretive step for shareholders in a competitive Leonora district.
The most recent analyst rating on (AU:ARI) stock is a Hold with a A$0.04 price target. To see the full list of analyst forecasts on Metalicity Limited stock, see the AU:ARI Stock Forecast page.
Nex Metals Explorations has agreed to sell its 20% joint venture interest in the Yundamindra and Kookynie Gold Projects to partner Arika Resources in a transaction it describes as value-accretive for shareholders, receiving $2.5 million in cash and up to 70.8 million Arika shares, and extinguishing more than $2 million in accrued joint venture funding obligations. The deal, which will leave NME with an initial ~5% stake in Arika and ongoing exposure to the projects’ upside, will free capital to accelerate development of the Kookynie Tailings Project, fund wider gold exploration in Western Australia and support a capital-light expansion strategy in Egypt’s Eastern Desert, although completion is contingent on shareholder and regulatory approvals and ASX has deemed the sale a disposal of NME’s main undertaking, requiring the company to demonstrate sufficient operations and financial strength within six months to maintain its listing.
The most recent analyst rating on (AU:ARI) stock is a Hold with a A$0.04 price target. To see the full list of analyst forecasts on Metalicity Limited stock, see the AU:ARI Stock Forecast page.
Arika Resources has reported strong December quarter exploration results from its Yundamindra Gold Project in Western Australia, where more than 23,000 metres of drilling since June have significantly expanded shallow and deep gold mineralisation across multiple corridors. On the Western “Yellow Brick Road” corridor, drilling at the Landed at Last and Queen of Poland prospects has defined at least 2.5km of continuous shallow gold mineralisation and consistently returned significant intercepts, positioning the area as a key candidate for a maiden mineral resource. On the Eastern “Red Brick Road” corridor, deep drilling at Pennyweight Point has extended high-grade mineralisation to about 250 metres below surface with the zone remaining open, while first-pass work on new geophysical targets has delivered high-grade shallow hits and high-resolution magnetic data at Yundamindra South has generated 20 new high-priority targets in largely unexplored ground. Financially, the company strengthened its balance sheet with a heavily oversubscribed A$5.7 million placement to institutional and sophisticated investors and the A$1.15 million sale of its non-core Admiral Bay Zinc Project, providing additional capital to accelerate exploration at Yundamindra and Kookynie and reinforcing market confidence in its WA gold portfolio.
The most recent analyst rating on (AU:ARI) stock is a Hold with a A$0.04 price target. To see the full list of analyst forecasts on Metalicity Limited stock, see the AU:ARI Stock Forecast page.
Arika Resources Limited has notified shareholders that it will hold a General Meeting on 12 February 2026 in Perth, Western Australia, with the notice of meeting made available electronically rather than mailed in hard copy, in line with provisions of the Corporations Act. The company is encouraging shareholders to participate via directed proxy voting where possible and will communicate any changes to meeting arrangements through ASX announcements and its website, underlining its shift toward digital communication and regulatory compliance in shareholder engagement.
The most recent analyst rating on (AU:ARI) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on Metalicity Limited stock, see the AU:ARI Stock Forecast page.
Arika Resources Limited has called a general meeting of shareholders for 12 February 2026 in Perth, Western Australia. The notice outlines several resolutions related to recent and proposed share placements and director participation in those capital raisings.
Shareholders will be asked to ratify the prior issue of more than 207 million tranche 1 placement shares under different listing rule provisions, approve the proposed issue of 4.25 million tranche 2 placement shares, and authorise the participation of three directors—Justin Barton, Roger Steinepreis, and Steven Wood—in the placement for up to a combined 26.67 million new shares. The resolutions, if passed, will regularise earlier capital raisings, provide additional funding flexibility, and formally clear potential related-party issues linked to director involvement in the placement.
The most recent analyst rating on (AU:ARI) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on Metalicity Limited stock, see the AU:ARI Stock Forecast page.
Arika Resources has disclosed that performance rights held indirectly by Managing Director Justin Barton lapsed on 20 December 2025, and that the required director interest notice was not lodged at the time due to an administrative oversight. The company has now filed the corrective Appendix 3Y, reiterated that all directors have been reminded of their disclosure obligations under the ASX listing rules and the Corporations Act, and stated it believes its existing governance and compliance arrangements, including its Securities Trading Policy, remain adequate without the need for additional measures.
The most recent analyst rating on (AU:ARI) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on Metalicity Limited stock, see the AU:ARI Stock Forecast page.
Arika Resources Limited has notified the market that 1,000,000 of its ARIAD performance rights have lapsed following their expiry on 20 December 2025 without being exercised or converted. The cessation of these securities results in a reduction of the company’s outstanding performance rights, marginally simplifying its capital structure and potentially altering the profile of management or employee incentive arrangements, though no additional operational or strategic implications were disclosed.
The most recent analyst rating on (AU:ARI) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on Metalicity Limited stock, see the AU:ARI Stock Forecast page.
Arika Resources Limited has issued 906,950 fully paid ordinary shares at $0.025 per share following the exercise of unlisted options, expanding its share capital base. The company has confirmed that the issue was conducted without a prospectus under section 708A of the Corporations Act 2001 and that it remains compliant with its continuous disclosure and reporting obligations, signalling regulatory adherence and providing investors with assurance about the transparency of the new share issuance.
The most recent analyst rating on (AU:ARI) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on Metalicity Limited stock, see the AU:ARI Stock Forecast page.
Arika Resources Limited has applied to the ASX for quotation of 906,950 new ordinary fully paid shares, issued on 5 January 2026. The additional securities arise from the exercise or conversion of existing options or other convertible instruments, modestly expanding the company’s quoted share capital and slightly diluting existing holdings while potentially strengthening its equity base.
The most recent analyst rating on (AU:ARI) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on Metalicity Limited stock, see the AU:ARI Stock Forecast page.
Arika Resources Limited has announced significant findings from its ongoing exploration at the Pennyweight Point prospect within the Yundamindra Gold JV Project. The latest drilling results have confirmed the continuity of high-grade gold mineralization at greater depths than previously recorded, with the potential for both open pit and underground mining opportunities. This discovery marks a major breakthrough for the company, enhancing its geological confidence and highlighting the potential scale of the mineralized system at Pennyweight Point.
Arika Resources Limited has announced a change in the director’s interest, specifically involving Roger Steinepreis. The change involves the acquisition and disposal of securities by Genteel Nominees Pty Ltd, a controlled entity with a 50% interest, resulting in the acquisition of 8,374,914 ordinary fully paid shares and the disposal of an equal number of unlisted options. This transaction, valued at $251,247.42, reflects a strategic adjustment in the director’s indirect holdings, potentially impacting the company’s stock dynamics and stakeholder interests.
Arika Resources Limited has issued a significant number of fully paid ordinary shares, totaling over 217 million, to investors at varying prices. This strategic move is part of their reliance on section 708A of the Corporations Act 2001, allowing them to issue shares without disclosure. The company is also in discussions to acquire full ownership of certain joint venture interests from Nex Metals Explorations Limited, although these discussions are still in preliminary stages and subject to various approvals.
Nex Metals Explorations Ltd is in non-binding discussions to potentially divest its 20% interest in the Yundamindra and Kookynie Joint Venture to Arika Resources Limited, which would make Arika the sole owner. The terms under discussion involve an upfront payment and additional shares contingent on future milestones, but the proposal is subject to regulatory and shareholder approvals, and no formal agreement has been signed yet.
Arika Resources Limited has announced the quotation of 207,500,012 fully paid ordinary securities on the Australian Securities Exchange (ASX) under the code ARI, effective December 12, 2025. This move is part of a previously announced transaction and signifies a strategic step in enhancing the company’s market presence and liquidity, potentially impacting its stakeholder engagement and financial standing.
Arika Resources Limited has announced the cessation of certain securities, specifically options that expired on December 11, 2025. This cessation involves 2,013,729 options that were not exercised or converted before their expiration date, potentially impacting the company’s capital structure and shareholder value.
Arika Resources Limited has announced a new issuance of securities, with 9,684,668 ordinary fully paid shares to be quoted on the Australian Securities Exchange (ASX) under the code ARI. This move reflects the company’s ongoing efforts to capitalize on market opportunities and enhance its financial standing, potentially impacting its market position and offering new investment opportunities for stakeholders.
Arika Resources Limited has announced a proposed issue of 238,833,342 ordinary fully paid securities, scheduled for December 12, 2025. This move is part of a placement or other type of issue, which may impact the company’s market positioning and stakeholder interests by potentially increasing liquidity and capital for future operations.
Arika Resources Limited has announced a successful capital raising of $5.7 million to accelerate exploration at its Yundamindra and Kookynie Gold Projects in Western Australia. The placement, which was oversubscribed, includes significant commitments from directors and will support ongoing drilling programs, particularly at the Pennyweight Point prospect. The completion of the Admiral Bay divestment further secures funds for these initiatives, positioning Arika strongly for future exploration and potential resource discoveries.
Arika Resources Limited, a company listed on the Australian Securities Exchange (ASX), has requested a trading halt for its securities. This pause in trading is pending an announcement regarding a capital raising initiative. The trading halt is expected to last until either the announcement is made or normal trading resumes on December 5, 2025. This move is likely aimed at stabilizing the company’s stock price and ensuring orderly trading once the capital raising details are disclosed.
Arika Resources Limited announced its participation in the Resources Rising Stars Summer Series in Sydney and Melbourne, where it will present its latest investor presentation. This move is part of the company’s strategy to accelerate exploration momentum and potentially re-rate its market position, signaling significant developments in its gold exploration activities.
Arika Resources Limited has announced its ongoing commitment to advancing exploration at its Yundamindra and Kookynie Gold Projects in Western Australia. The company’s efforts are aimed at delivering a new generation of large-scale gold discoveries, which could significantly enhance its market positioning and offer substantial benefits to stakeholders.
Arika Resources Limited has announced significant progress in its Yundamindra Gold Project, with extensional drilling at the ‘Landed at Last’ site tripling the mineralized strike length to over 2.5 kilometers. The drilling has confirmed continuous gold mineralization, establishing a major new target area for ongoing exploration, and highlighting the project’s substantial scale and potential. The results reinforce the ‘Landed at Last’ site as a priority for further exploration, with drilling also continuing at Pennyweight Point to explore extensions of previously reported high-grade results.