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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 appointed Chartered Accountant Kate Sainty as Joint Company Secretary, effective 6 March 2026, following the resignation of former joint secretary Kate Breadmore. Sainty, who has over 15 years’ experience across ASX-listed and unlisted companies and holds a Diploma in Applied Corporate Governance, will share the role with continuing Joint Company Secretary Aaron Gates.
The company has engaged Automic Group in Perth to assist with company secretarial services, formalising both Sainty and Gates of Automic as Joint Company Secretaries and designating Sainty as the primary liaison with the ASX under Listing Rule 12.6. This move strengthens Arika’s governance and compliance framework, signaling an emphasis on robust corporate administration that may support smoother regulatory interactions and operational oversight for stakeholders.
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 released its interim financial report for the half year ended 31 December 2025, accompanied by an updated corporate directory. The document outlines the current board, company secretaries, auditors, legal advisers, registered office, share registry, and confirms the company’s continued listing on the ASX under code ARI, providing investors with up-to-date governance and contact information.
While no financial figures or operational updates are included in the provided extract, the refreshed corporate details signal a focus on transparency and regulatory compliance. For stakeholders, the report formalises the governance structure and key service providers supporting Arika Resources’ listed-company obligations, which is essential for ongoing market engagement and oversight.
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 disclosed a change in director Roger Steinepreis’s indirect interests in the company’s securities, held through associated entities including Ranchland Holdings, Jacqueline Steinepreis, and Genteel Nominees. The filing updates the market on the director’s revised position in fully paid ordinary shares and options following a recent transaction.
Through Genteel Nominees, over which Steinepreis holds a 50% interest, he has acquired an additional 20,833,333 fully paid ordinary shares in Arika Resources for consideration of $500,000. This sizable on-market investment increases his indirect equity exposure and signals a strengthened financial commitment by the director, information that may be closely watched by shareholders and prospective investors.
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 expanded its share capital by issuing 1,706,950 shares from the exercise of unlisted options, 31,333,332 placement shares to investors, and 3,333,334 shares to directors in lieu of fees, at prices between $0.024 and $0.025 per share. The company has confirmed that these share issues were conducted without a prospectus under section 708A of the Corporations Act, while asserting full compliance with its continuous disclosure and financial reporting obligations, ensuring the new securities can trade freely and signalling ongoing support from investors and directors.
These capital raisings strengthen Arika’s balance sheet while modestly diluting existing shareholders, reflecting continued funding access for its resource activities. The cleansing notice reassures the market that no undisclosed price-sensitive information exists in relation to the new shares, supporting regulatory transparency and investor confidence in the company’s governance processes.
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 for quotation on the ASX of 3,333,334 fully paid ordinary shares, following shareholder approval at a general meeting held on 13 February 2026. The new shares, issued on 25 February 2026, modestly expand the company’s capital base and may provide additional funding flexibility for its resource-focused activities and strategic initiatives.
The move underscores Arika Resources’ continued reliance on equity markets to support its operational and growth objectives in the resources industry. For existing and prospective shareholders, the additional quoted securities slightly dilute existing holdings but potentially strengthen the company’s financial position for future projects.
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 for quotation of 31,333,332 ordinary fully paid shares on the ASX, with an issue date of 25 February 2026. The new securities, which arise from previously disclosed transactions, will expand the company’s quoted capital base and may enhance liquidity and market visibility for existing and new shareholders.
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 1,606,950 ordinary fully paid shares, with an issue date of 25 February 2026. The new securities arise from the exercise of options or conversion of other convertible instruments, modestly expanding the company’s listed capital base and potentially enhancing liquidity for existing and new shareholders.
The application under Appendix 2A of the ASX Listing Rules formalises the admission of these additional shares to trading under ticker ARI. While the announcement is largely procedural, it reflects ongoing capital management activities and may signal incremental investor interest or progression of prior financing arrangements tied to options or convertible securities.
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 reported a series of strong reverse circulation drilling results from the Pennyweight Point prospect at its Yundamindra Gold Project in Western Australia, including a standout 21 metres at 4.65 grams per tonne gold from an extended hole that now ranks as the deepest on the project. The new assays confirm gold mineralisation from surface over a 350-metre strike to 250 metres depth, remaining open along strike and at depth, prompting the company to accelerate drilling with a second rig and positioning Pennyweight Point as a potential candidate for both open-pit and future underground mining.
The latest program has successfully extended high-grade zones to the west, south and at depth within the main mineralised structure, with several thick intercepts hosting very high-grade internal intervals that build on strong diamond drilling results reported in 2025. These outcomes underpin Arika’s near-term push toward a maiden resource at Pennyweight Point and support its broader strategy to grow the Yundamindra project in the competitive Northeastern Goldfields, with additional assays pending from nearby F1-Fault and Landed at Last prospects expected to sustain news flow for investors.
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 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.