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Avira Resources Ltd (AU:AVW)
:AVW
Australian Market

Avira Resources Ltd (AVW) AI Stock Analysis

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AU

Avira Resources Ltd

(Sydney:AVW)

Rating:44Neutral
Price Target:
Avira Resources Ltd's overall score is primarily affected by significant financial performance challenges, including consistent operating losses and negative cash flows. While the company has a strong equity position, the lack of revenue growth, reliance on external financing, and negative P/E ratio present substantial risks. The absence of technical indicators and dividend yield contribute to a neutral technical outlook and poor valuation.

Avira Resources Ltd (AVW) vs. iShares MSCI Australia ETF (EWA)

Avira Resources Ltd Business Overview & Revenue Model

Company DescriptionAvira Resources Limited, together with its subsidiaries, explores for, evaluates, and develops mineral properties in Australia. It explores for gold, copper, manganese, lithium, and other base metals. The company holds interests in the Mt Macpherson and Throssel Range projects located in the Paterson Range province in north Western Australia; and the Wyloo project that consists of five exploration licenses covering an area of 586 square kilometers located in Ashburton region of Western Australia. It also has an option to acquire interest in the Yule River Lithium Project that covering an area of 9.5 square kilometers located in Marble Region of Western Australia. The company was formerly known as Avira Energy Limited and changed its name to Avira Resources Limited in November 2017. Avira Resources Limited was incorporated in 2008 and is headquartered in Subiaco, Australia.
How the Company Makes MoneyAvira Resources Ltd generates revenue primarily through the exploration and potential development of mineral resources. The company makes money by discovering and advancing mineral projects towards production, which can lead to either selling these projects to larger mining companies or entering into joint ventures or partnerships. These strategic collaborations can provide Avira with funding and shared expertise for further exploration and development. Additionally, the company may raise capital through equity financing, issuing shares to investors to fund its exploration activities. As these projects advance and potentially move towards production, Avira could earn revenues through the sale of extracted minerals or by monetizing its interests in these projects.

Avira Resources Ltd Financial Statement Overview

Summary
Avira Resources Ltd faces significant profitability challenges, with consistent operating losses and negative cash flows. The strong equity position provides stability, but the lack of revenue growth and reliance on external financing pose risks. Improving operational efficiency and revenue generation are crucial for long-term viability.
Income Statement
30
Negative
Avira Resources Ltd has struggled to generate consistent revenue, with a sharp decline in revenue from 2022 to 2023, and minimal revenue in 2024. Gross profit margins are positive but overall profitability is significantly hindered by high operating losses, resulting in negative net profit margins and EBIT margins. Revenue growth is inconsistent, reflecting volatility and potential uncertainty in business operations.
Balance Sheet
50
Neutral
The company maintains a strong equity position with no debt, reflected in a debt-to-equity ratio of zero. However, the return on equity is negative due to persistent net losses. The equity ratio is strong, indicating a solid proportion of assets funded by equity. The balance sheet shows resilience in equity but lacks profitability.
Cash Flow
45
Neutral
Cash flow analysis reveals ongoing challenges with negative operating and free cash flows, although there was a slight improvement from 2023 to 2024. The operating cash flow to net income ratio is negative, indicating inefficiencies in converting income into cash. A reliance on financing activities suggests potential sustainability issues if external financing becomes limited.
Breakdown
TTMJun 2024Jun 2023Jun 2022Jun 2021Jun 2020
Income StatementTotal Revenue
3.64K28.75K0.0094.14K10.00K6.00K
Gross Profit
-678.0028.75K-5.75K92.36K10.00K6.00K
EBIT
-451.48K-548.53K-797.18K-885.52K-623.40K-419.73K
EBITDA
-632.91K-539.13K-1.28M-905.49K-623.40K-419.73K
Net Income Common Stockholders
-618.03K-715.71K-1.29M-916.24K-1.05M-714.20K
Balance SheetCash, Cash Equivalents and Short-Term Investments
610.05K522.12K1.07M2.44M304.62K747.01K
Total Assets
1.33M1.80M1.90M2.93M821.58K1.45M
Total Debt
3.65K0.003.65K3.65K3.65K3.65K
Net Debt
-606.40K-502.58K-1.03M-2.38M-300.97K-743.36K
Total Liabilities
189.87K3.99K155.09K134.83K261.33K318.46K
Stockholders Equity
2.16M2.96M2.91M3.96M1.73M2.26M
Cash FlowFree Cash Flow
-1.04M-1.28M-1.54M-1.07M-1.18M-586.56K
Operating Cash Flow
-680.63K-624.67K-830.81K-1.07M-1.18M-586.56K
Investing Cash Flow
-357.85K-655.59K-704.70K0.00210.00K0.00
Financing Cash Flow
756.70K756.70K193.74K3.15M523.42K467.00K

Avira Resources Ltd Peers Comparison

Overall Rating
UnderperformOutperform
Sector (51)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
51
Neutral
$2.02B-1.14-21.36%3.64%2.88%-30.57%
AUHRZ
48
Neutral
€125.77M
AUGBR
46
Neutral
AU$47.93M-57.60%-300.00%
AUAVW
44
Neutral
AU$1.53M-23.98%63.79%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:AVW
Avira Resources Ltd
0.01
0.00
0.00%
AU:HRZ
Horizon Minerals Ltd
0.05
<0.01
18.60%
AU:GBR
Great Boulder Resources Ltd
0.06
0.00
0.00%

Avira Resources Ltd Corporate Events

Avira Resources Expands Tangadee Project with New Acquisition
Apr 29, 2025

Avira Resources Limited has expanded its Tangadee Project in Western Australia by acquiring an additional tenement, increasing the project area to 779 km2. The company is targeting sediment-hosted copper-zinc sulphide and magmatic copper-nickel sulphide deposits, with plans to drill test three defined electromagnetic conductors. This strategic expansion positions Avira Resources to potentially capitalize on high-grade mineralization in a region actively explored by other companies, potentially enhancing its industry standing and offering new opportunities for stakeholders.

Avira Resources Announces General Meeting for Shareholders
Apr 16, 2025

Avira Resources Limited has announced a general meeting for its shareholders, scheduled for May 16, 2025, in Perth, Australia. The company is encouraging shareholders to participate by voting online or via proxy, with materials and instructions provided electronically to those who have opted for digital communication. This meeting is significant as it impacts shareholder voting and company decisions, highlighting the importance of shareholder engagement in Avira’s governance.

Avira Resources Expands Capital with New Share Issuance
Apr 4, 2025

Avira Resources Limited has issued 36,172,985 fully paid ordinary shares without disclosure under Part 6D.2 of the Corporations Act 2001. The company has confirmed compliance with relevant provisions of the Act and stated that there is no excluded information that investors would reasonably expect in a disclosure document. This strategic move is likely aimed at strengthening Avira’s capital base, potentially enhancing its operational capabilities and market positioning.

Avira Resources Ltd Announces Quotation of New Securities on ASX
Apr 4, 2025

Avira Resources Ltd has announced the application for quotation of 36,172,985 ordinary fully paid securities on the Australian Securities Exchange (ASX), under the code AVW, effective April 4, 2025. This move is part of transactions previously announced, potentially impacting the company’s market presence and offering stakeholders an opportunity to engage with the company’s securities.

Avira Resources Announces Proposed Securities Issuance
Mar 27, 2025

Avira Resources Ltd has announced a proposed issuance of securities, including 46,887,271 ordinary fully paid shares and 122,345,970 options expiring on June 30, 2027. This move is part of a placement or other type of issue, with the proposed issue date set for May 23, 2025. This issuance could potentially impact Avira’s market positioning by increasing its capital base, which may be used for strategic investments or operational expansions, thereby affecting stakeholders such as investors and market analysts.

Avira Resources Ltd Announces Proposed Securities Issuance
Mar 27, 2025

Avira Resources Ltd has announced a proposed issuance of 36,172,985 ordinary fully paid securities, scheduled for April 4, 2025. This move is part of a placement or other type of issue, potentially impacting the company’s capital structure and market positioning, as it seeks to raise funds and enhance its operational capabilities.

Avira Resources Expands Tangadee Project with New Acquisition and Capital Raising
Mar 27, 2025

Avira Resources Limited has announced a capital raising of approximately $506,000 through commitments from institutional and professional investors. Additionally, the company has executed a binding agreement to acquire a 100% interest in an exploration licence, expanding the Tangadee Project area in the Ashburton region. This acquisition aims to enhance Avira’s exploration capabilities, with immediate drill targets identified. The region is active with several exploration companies, indicating a competitive and promising environment for mineral exploration.

Avira Resources Director Acquires New Options
Mar 14, 2025

Avira Resources Ltd has announced a change in the director’s interest, specifically regarding James Patrick Robinson. The director has acquired 3,000,000 options with an exercise price of $0.015 and an expiry date of 30 June 2027, through participation in the company’s priority offer of options. This acquisition was made under the company’s prospectus dated 4 February 2025 and approved by shareholders at a general meeting on 12 February 2025. The transaction did not occur during a closed period, ensuring compliance with regulatory requirements.

Avira Resources Announces New Listed Options Issuance
Mar 13, 2025

Avira Resources Ltd has announced a new issuance of listed options set to expire on June 30, 2027, with a unit price of $0.015. This issuance comprises a total of 48,435,500 units, with the majority held by a small number of stakeholders, indicating a concentrated ownership structure. The announcement reflects the company’s strategic financial maneuvering, potentially impacting its market position and offering stakeholders an opportunity for future investment returns.

Avira Resources Ltd Announces Top Holders of New Listed Options
Mar 13, 2025

Avira Resources Ltd has released a snapshot of its top 20 holders for its new listed options expiring on June 30, 2027, priced at $0.015. The data reveals that the top 20 holders collectively own 83.26% of these options, indicating a concentrated ownership structure which may influence the company’s strategic decisions and market movements.

Avira Resources Ltd Announces New Securities Quotation
Mar 13, 2025

Avira Resources Ltd has announced a new application for the quotation of securities on the Australian Securities Exchange (ASX). The company is seeking to quote 48,435,500 options expiring on June 30, 2027, as part of transactions previously announced to the market. This move is likely to impact the company’s operations by potentially increasing liquidity and providing more opportunities for investors, thereby enhancing Avira’s market positioning.

Avira Resources Ltd Releases Half-Year Financial Report
Mar 11, 2025

Avira Resources Ltd has released its half-year financial report for the period ending 31 December 2024. The report includes key financial statements such as the condensed consolidated statement of profit or loss, financial position, changes in equity, and cash flows. This financial disclosure is crucial for stakeholders as it provides insights into the company’s financial health and operational performance over the past six months, potentially impacting investor decisions and the company’s market positioning.

Avira Resources Announces Director’s Interest Change Amid Capital Consolidation
Feb 24, 2025

Avira Resources Ltd announced a change in the interests of its director, David Colin Wheeler, due to a consolidation of capital on a 20 for 1 basis approved by shareholders. This adjustment affects the number of fully paid ordinary shares and unlisted options held by Pathways Corp Investments Pty Ltd and Pathways Capital Pty Ltd, both entities controlled by Wheeler. The consolidation reflects strategic financial adjustments within the company, potentially impacting stakeholders’ interests and the company’s market position.

Avira Resources Announces Capital Consolidation Affecting Director’s Shareholding
Feb 24, 2025

Avira Resources Ltd announced a change in the director’s interest notice due to a consolidation of capital on a 20 for 1 basis, which was approved by shareholders. This change affected the number of shares held indirectly by Director James Patrick Robinson through entities Sabreline Pty Ltd and JKR Super Pty Ltd. The consolidation reflects strategic financial management by the company, potentially impacting shareholder value and the company’s stock liquidity.

Avira Resources Finalizes Capital Consolidation
Feb 24, 2025

Avira Resources Limited has completed the consolidation of its issued capital, where every twenty shares have been consolidated into one share. This restructuring of capital, approved earlier in February, aims to streamline the company’s share structure as it prepares for future trading activities on a T+2 settlement basis starting 25 February 2025.

Avira Resources Passes Key Resolutions at General Meeting
Feb 12, 2025

Avira Resources Ltd announced that all resolutions proposed at its recent General Meeting were passed by the required majority. This successful outcome includes the approval of capital consolidation, issuance of options, participation of a related party in the options offer, and a placement authority for issuing shares and options. These resolutions are expected to enhance Avira’s capital structure and strategic flexibility, potentially impacting its market positioning positively.

Avira Resources Ltd Updates Security Issue Proposal
Feb 5, 2025

Avira Resources Ltd has announced an update to a previous proposal regarding the issue of securities, with revised dates provided. This update reflects the company’s ongoing efforts to manage its capital-raising strategies, which may impact its operational capabilities and market presence. Stakeholders should note the potential implications for Avira’s financial positioning and strategic initiatives.

Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.