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Ardea Resources
(Sydney:ARL)
Ardea Resources (ARL) vs. iShares MSCI Australia ETF (EWA)
Ardea Resources Business Overview & Revenue Model
Ardea Resources Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 3.68M | 3.68M | 322.36K | 75.12K | 22.24K | 146.85K |
| Gross Profit | 3.68M | 3.68M | 322.36K | -163.20K | -118.52K | 54.76K |
| EBITDA | -3.35M | -3.35M | -7.45M | -4.00M | -5.19M | -2.21M |
| Net Income | -3.26M | -3.26M | -7.71M | -4.24M | -5.33M | -2.30M |
Balance Sheet | ||||||
| Total Assets | 125.37M | 125.37M | 59.78M | 47.78M | 50.60M | 36.10M |
| Cash, Cash Equivalents and Short-Term Investments | 14.68M | 14.68M | 14.85M | 10.65M | 22.02M | 5.69M |
| Total Debt | 49.72M | 49.72M | 1.24M | 153.60K | 280.29K | 51.79K |
| Total Liabilities | 57.74M | 57.74M | 4.61M | 1.92M | 1.59M | 812.07K |
| Stockholders Equity | 67.63M | 67.63M | 55.17M | 45.87M | 49.01M | 35.29M |
Cash Flow | ||||||
| Free Cash Flow | -54.63M | -53.39M | -11.63M | -13.31M | -10.34M | -10.14M |
| Operating Cash Flow | -6.12M | -6.12M | -4.14M | -1.37M | -2.07M | -554.67K |
| Investing Cash Flow | -46.98M | -46.98M | -7.49M | -10.00M | -7.28M | -8.40M |
| Financing Cash Flow | 52.93M | 52.93M | 15.83M | -5.00K | 25.68M | 4.64M |
Ardea Resources Technical Analysis
Ardea Resources Peers Comparison
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% | |
52 Neutral | AU$101.49M | -17.68 | ― | ― | ― | 54.26% | |
52 Neutral | AU$215.05M | -21.79 | -20.60% | ― | ― | 7.28% | |
50 Neutral | AU$137.03M | -39.39 | -5.35% | ― | ― | 58.54% | |
44 Neutral | AU$91.90M | -7.68 | -8.61% | ― | ― | 42.69% | |
44 Neutral | AU$435.04M | -5.70 | -84.61% | ― | 149.43% | 1.20% | |
43 Neutral | AU$201.04M | -5.54 | -12.73% | ― | 2.00% | 8.82% |
Ardea Resources Corporate Events
Ardea Resources Limited announced the cessation of 112,200 performance rights due to the lapse of conditional rights, as the conditions for these securities were not met or became incapable of being satisfied. This announcement may impact the company’s capital structure and could have implications for stakeholders, reflecting on the company’s operational adjustments and strategic focus in maintaining its market position.
The most recent analyst rating on (AU:ARL) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Ardea Resources stock, see the AU:ARL Stock Forecast page.
Ardea Resources Limited has announced the quotation of 401,200 ordinary fully paid securities on the Australian Securities Exchange (ASX) as of December 15, 2025. This move indicates the company’s ongoing efforts to enhance its financial flexibility and potentially expand its operations, which could strengthen its position in the mineral resources sector and provide value to its stakeholders.
The most recent analyst rating on (AU:ARL) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Ardea Resources stock, see the AU:ARL Stock Forecast page.
Ardea Resources has provided an update on the Definitive Feasibility Study (DFS) for its Kalgoorlie Nickel Project’s Goongarrie Hub, which is on track for completion in the first half of 2026. The DFS has confirmed several design changes, including the removal of the Atmospheric Leach Circuit and optimization of the High Pressure Acid Leach (HPAL) process, expected to enhance recovery rates and reduce environmental impact. The project will now focus on producing Mixed Sulphide Precipitate (MSP) instead of Mixed Hydroxide Precipitate (MHP), offering improved market flexibility and payability. These developments underscore the project’s strategic importance, as highlighted by its renewed Major Project Status by the Australian Federal Government.
The most recent analyst rating on (AU:ARL) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Ardea Resources stock, see the AU:ARL Stock Forecast page.
Ardea Resources Limited announced a change in the director’s interest, specifically involving Norman Mathew Longworth. The change was due to the issuance of 150,000 Class V Performance Rights and 150,000 Class W Performance Rights, approved at the 2025 AGM, with no consideration involved. This update reflects the company’s ongoing efforts to align its leadership’s interests with its strategic goals, potentially impacting its operational focus and stakeholder confidence.
The most recent analyst rating on (AU:ARL) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Ardea Resources stock, see the AU:ARL Stock Forecast page.
Ardea Resources Limited announced the issuance of 1,500,000 performance rights under an employee incentive scheme. These unquoted securities are subject to transfer restrictions and are not listed on the ASX until the restrictions are lifted, potentially impacting employee retention and motivation strategies within the company.
The most recent analyst rating on (AU:ARL) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Ardea Resources stock, see the AU:ARL Stock Forecast page.
Ardea Resources Limited announced the results of its 2025 Annual General Meeting, where all resolutions were passed successfully. The resolutions included various corporate governance and operational measures, reflecting strong shareholder support and potentially enhancing the company’s strategic positioning.
The most recent analyst rating on (AU:ARL) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Ardea Resources stock, see the AU:ARL Stock Forecast page.
Ardea Resources Limited has announced the issuance of 3,000,000 unquoted options, each convertible at $1.05, with a maturity date set for November 6, 2027. This strategic move aims to enhance the company’s financial flexibility and potentially strengthen its market position by attracting investment and supporting its ongoing operations.
The most recent analyst rating on (AU:ARL) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Ardea Resources stock, see the AU:ARL Stock Forecast page.
Ardea Resources Limited announced the cessation of 3,000,000 options that expired on November 3, 2025, without being exercised or converted. This development may impact the company’s capital structure and could influence investor perceptions regarding the company’s financial strategies and future growth prospects.
The most recent analyst rating on (AU:ARL) stock is a Buy with a A$0.89 price target. To see the full list of analyst forecasts on Ardea Resources stock, see the AU:ARL Stock Forecast page.
Ardea Resources has made substantial progress in the September 2025 quarter on its Kalgoorlie Nickel Project – Goongarrie Hub, with key developments including the completion of major drilling and metallurgical testwork programs and the execution of a Heritage Agreement with the Marlinyu Ghoorlie Native Title Claimant Group. The company remains financially strong, with $15.5M cash on hand and no debt, and is well-positioned to complete the Definitive Feasibility Study with $30M in committed funding. Collaboration with partners Sumitomo Metal Mining and Mitsubishi Corporation continues to be a strength, enhancing the project’s technical and commercial expertise. Ardea’s focus on safety, community engagement, and strategic partnerships further reinforces its standing in the critical minerals sector.
The most recent analyst rating on (AU:ARL) stock is a Buy with a A$0.89 price target. To see the full list of analyst forecasts on Ardea Resources stock, see the AU:ARL Stock Forecast page.
Ardea Resources Limited has announced its upcoming Annual General Meeting (AGM) scheduled for November 21, 2025, at The Quest in West Perth, Western Australia. The company has opted to provide the Notice of Meeting and accompanying materials electronically, encouraging shareholders to access these documents online. Shareholders are urged to participate in the voting process either by attending the meeting in person or by submitting proxy forms through various available channels.
The most recent analyst rating on (AU:ARL) stock is a Buy with a A$0.89 price target. To see the full list of analyst forecasts on Ardea Resources stock, see the AU:ARL Stock Forecast page.
Ardea Resources has announced that its Goongarrie Project has completed the Pre-Feasibility Study phase and is now entering the Definitive Feasibility Study phase. The project is considered to have positive economic potential, which could enhance Ardea’s position in the nickel-cobalt market and benefit stakeholders by advancing a long-term operation with strong financial metrics.
The most recent analyst rating on (AU:ARL) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Ardea Resources stock, see the AU:ARL Stock Forecast page.
Ardea Resources announced the renewal of the Major Project Status (MPS) for its Kalgoorlie Nickel Project (KNP) and Goongarrie Hub by the Australian Federal Government. This renewal highlights the project’s strategic and economic importance to the Australian economy and the Eastern Goldfields region. The MPS renewal ensures continued support for Ardea in regulatory processes, facilitating project development and maintaining access to funding. This positions Ardea and its partners to advance a sustainable nickel-cobalt supply chain, enhancing collaboration between Australia and Japan.
The most recent analyst rating on (AU:ARL) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Ardea Resources stock, see the AU:ARL Stock Forecast page.