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Accelerate Resources Ltd.
(Sydney:AX8)
Accelerate Resources Ltd. (AX8) vs. iShares MSCI Australia ETF (EWA)
Accelerate Resources Ltd. Business Overview & Revenue Model
Accelerate Resources Ltd. Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 51.31K | 0.00 | 1.50K | 110.32K |
| Gross Profit | -24.23K | -74.77K | 51.31K | -10.79K | -703.00 | 104.30K |
| EBITDA | -1.73M | -1.73M | -2.60M | -2.30M | -1.22M | -3.37M |
| Net Income | 266.17K | 265.75K | -2.63M | -2.31M | -1.22M | -3.37M |
Balance Sheet | ||||||
| Total Assets | 12.80M | 12.80M | 12.69M | 8.03M | 6.69M | 3.78M |
| Cash, Cash Equivalents and Short-Term Investments | 2.87M | 2.87M | 1.95M | 2.04M | 2.31M | 1.29M |
| Total Debt | 177.65K | 177.65K | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 569.73K | 569.73K | 927.76K | 421.23K | 330.02K | 143.87K |
| Stockholders Equity | 12.23M | 12.23M | 11.76M | 7.61M | 6.36M | 3.64M |
Cash Flow | ||||||
| Free Cash Flow | -2.28M | -2.28M | -3.45M | -3.52M | -1.83M | -1.04M |
| Operating Cash Flow | -1.38M | -1.38M | -1.67M | -1.12M | -792.38K | -637.22K |
| Investing Cash Flow | 1.10M | 1.10M | -1.79M | -1.95M | -1.04M | -816.05K |
| Financing Cash Flow | 1.20M | 1.20M | 3.37M | 2.79M | 2.91M | 2.53M |
Accelerate Resources Ltd. 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% | |
45 Neutral | AU$7.06M | -100.00 | 2.22% | ― | ― | 98.11% | |
45 Neutral | AU$5.35M | ― | -7.78% | ― | ― | ― | |
44 Neutral | AU$7.23M | ― | ― | ― | ― | 50.00% | |
43 Neutral | AU$8.39M | -2.12 | -90.56% | ― | ― | -178.00% | |
38 Underperform | AU$22.63M | -1.16 | -815.67% | ― | ― | 18.79% |
Accelerate Resources Ltd. Corporate Events
Accelerate Resources Limited has called a general meeting of shareholders to be held at its West Perth offices on 30 January 2026 at 10:00am AWST. In line with provisions of the Corporations Act, the company will primarily distribute the notice of meeting electronically, directing investors to its website, the ASX announcements platform and an online voting portal, while only those who have opted for physical communications will receive printed materials and proxy forms. Shareholders are being urged to lodge directed proxies appointing the chairman by 28 January 2026, underlining the company’s continued shift to digital engagement and streamlined governance processes for investor participation.
Accelerate Resources Limited has called a general meeting of shareholders for 30 January 2026 in West Perth, where investors will vote on ratifying two substantial prior share placements conducted under ASX Listing Rules 7.1 and 7.1A. The resolutions seek shareholder approval for the earlier issue of a combined 177 million placement shares, a step that, if endorsed, will restore the company’s placement capacity for future capital raisings and is designed to align the company’s previous funding activities with regulatory requirements while preserving flexibility for further equity-based financing.
Accelerate Resources Ltd. announced the cessation of certain securities, including 5,000,000 options and 18,000,000 performance rights, due to expiry and unmet conditions, respectively. This development may impact the company’s capital structure and stakeholder interests, as it reflects on the company’s operational strategies and market positioning.
Accelerate Resources Ltd has issued 177,000,000 fully paid ordinary shares at a price of $0.005 per share. This move, announced on December 8, 2025, and completed on December 12, 2025, was conducted without disclosure to investors under Part 6D.2 of the Corporations Act, adhering to all relevant legal provisions. The issuance is part of the company’s strategic financial maneuvers, potentially impacting its market position by enhancing its capital base.
Accelerate Resources Ltd. announced the application for quotation of 177,000,000 fully paid ordinary securities on the ASX, under the code AX8, as part of previously announced transactions. This move could potentially enhance the company’s capital structure and market presence, providing stakeholders with increased liquidity and investment opportunities.
Accelerate Resources Limited has commenced an aircore drilling program at its Balagundi Gold Project, targeting extensions along the Paris Gift Trend. This initiative follows recent reverse circulation drilling and aims to uncover high-grade gold targets, with results expected in early 2026. The project, located near major gold operations, offers strong discovery potential and could significantly enhance the company’s exploration portfolio.
Accelerate Resources Ltd. has announced a proposed issue of 180,000,000 ordinary fully paid securities, with the issuance date set for December 12, 2025. This move is part of a strategic effort to raise capital, which could enhance the company’s operational capabilities and market positioning, potentially impacting stakeholders by increasing the company’s resource development potential.
Accelerate Resources Limited has successfully raised A$900,000 through a share placement to fund exploration activities at its Balagundi Gold Project in Western Australia. The funds will support drilling programs and geophysical surveys, positioning the company to advance its high-priority targets and maintain exploration momentum. This financial boost reflects strong investor confidence and is expected to enhance Accelerate’s operational capabilities and market positioning in the gold exploration sector.
Accelerate Resources Limited has requested a trading halt on its securities pending an announcement related to a proposed capital raising. This halt will last until the announcement is made or until normal trading resumes on December 8, 2025. The trading halt is intended to provide the company time to prepare and release important information to the market, potentially impacting its operations and market positioning.
Accelerate Resources Limited has commenced drilling at its Balagundi Gold Project near Kalgoorlie, Western Australia. The initial Reverse Circulation (RC) drilling phase targets high-grade gold zones along the Paris Gift trend, with plans for further Aircore drilling in December. This exploration aims to enhance geological understanding and expand the potential of the Balagundi gold camp, contributing to the company’s growth strategy in gold exploration. The results from this drilling will guide future RC and diamond drilling campaigns planned for 2026, with the potential to discover significant gold deposits.
Accelerate Resources Limited has announced significant findings from its Woodie Woodie North manganese project in East Pilbara, Western Australia. The company has identified high-grade manganese mineralization, with rock chip samples showing up to 57.3% Mn, across the Gingarrigan and newly discovered El Largo Manganese Corridors. This discovery represents a substantial opportunity for the company, enhancing its asset portfolio alongside its ongoing gold exploration at Balagundi, thereby positioning Accelerate to deliver increased value for its shareholders.
Accelerate Resources Limited, listed on the ASX under the ticker AX8, has announced the results of its 2025 Annual General Meeting. All resolutions presented at the meeting were passed, including the approval of the remuneration report, the re-election of director Richard Hill, the approval of a 10% capacity increase, and the ratification of a share issue. These outcomes reflect strong shareholder support and are likely to positively impact the company’s strategic initiatives and governance.
Accelerate Resources Limited announced the release of 20 million fully paid ordinary shares from voluntary escrow on December 12, 2025. These shares were initially issued as part of the acquisition of the Kanowna East Gold Project from Metal Hawk Limited, potentially impacting the company’s liquidity and market operations.
Accelerate Resources Ltd. has announced the issuance of 5,000,000 performance rights as part of an employee incentive scheme. This move is likely to strengthen the company’s operational capabilities by aligning employee interests with corporate goals, potentially enhancing productivity and stakeholder value.
Accelerate Resources Ltd. has issued an addendum to its 2025 Consolidated Annual Report, detailing its governance and internal controls regarding mineral resource estimates. The company adheres to JORC standards and ASX Listing Rules, ensuring transparent reporting and quality control in its exploration processes. The announcement highlights the inferred mineralization estimate for the Woodie Woodie North Project and clarifies the exploration target, which is based on current geological understanding and aims to expand mineral resources through further drilling. This update underscores the company’s commitment to rigorous exploration and resource estimation practices, potentially impacting its market positioning by demonstrating growth potential in manganese resources.
Accelerate Resources Limited has executed a binding earn-in agreement to acquire up to an 80% interest in the Balagundi Gold Project, located near Kalgoorlie, Western Australia. This strategic expansion consolidates a 27 km² landholding in a proven gold corridor, enhancing the company’s portfolio with significant exploration potential. Additionally, the company has completed a maiden RC drilling at Kanowna East, confirming gold mineralization, and identified a high-potential zone at Western Tiger. The divestment of a 75% stake in the Comet Gold Project to Caprice Resources allows Accelerate to retain a 25% interest, maintaining exposure to future exploration success.
Accelerate Resources Ltd. has issued 4,000,000 fully paid ordinary shares at a price of $0.007 per share as part of the Iron Bound Earn-In Agreement. This move, compliant with the Corporations Act, signifies the company’s strategic efforts to enhance its financial position and operational capabilities, potentially impacting its market standing and investor relations positively.
Accelerate Resources Ltd. has announced the issuance of 4,000,000 ordinary fully paid shares as part of the Iron Bound Agreement for the acquisition of the Balagundi tenement. This strategic move is expected to enhance the company’s resource portfolio and strengthen its position in the mineral exploration sector.
Accelerate Resources Limited has announced an earn-in agreement to acquire up to an 80% interest in the Iron Bound Prospect, part of the Balagundi Gold Project near Kalgoorlie. This strategic expansion includes a granted mining lease, which will enhance Accelerate’s exploration capabilities in a highly prospective gold corridor. The addition of the Iron Bound Prospect, with its historic gold workings, strengthens the company’s position in the emerging gold district and provides a streamlined path to potential development. Accelerate plans to integrate the new prospect into its ongoing exploration programs, aiming to fast-track any discoveries and advance towards drilling and mining operations.
Accelerate Resources Limited has announced the scheduling of its 2025 Annual General Meeting for shareholders on November 19, 2025, at its West Perth location. The company will not be sending hard copies of the Notice of Meeting unless specifically requested, opting instead for electronic distribution, reflecting a shift towards digital communication. Shareholders are encouraged to vote via a directed proxy by November 17, 2025, to ensure their participation in the meeting. This move highlights the company’s commitment to streamlining communication and increasing accessibility for its stakeholders.
Accelerate Resources Limited has announced its upcoming Annual General Meeting (AGM), scheduled for November 19, 2025, at its office in West Perth, Western Australia. Shareholders are encouraged to participate by attending in person or voting via proxy. This meeting is a significant event for stakeholders as it provides an opportunity for shareholders to engage with the company’s management and discuss future strategies.