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Boadicea Resources Ltd.
(Sydney:BOA)
Boadicea Resources Ltd. (BOA) vs. iShares MSCI Australia ETF (EWA)
Boadicea Resources Ltd. Business Overview & Revenue Model
Boadicea Resources Ltd. Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 13.59K | 44.83K | 13.59K | 50.13K | 599.00 | 33.00 |
| Gross Profit | 13.59K | 44.83K | 13.59K | 50.13K | 599.00 | 33.00 |
| EBITDA | -870.00K | -709.91K | -706.00K | -625.00K | -625.55K | 4.22M |
| Net Income | -1.33M | -1.78M | -792.00K | -879.00K | -926.96K | 2.69M |
Balance Sheet | ||||||
| Total Assets | 6.62M | 5.72M | 7.49M | 6.83M | 7.39M | 8.02M |
| Cash, Cash Equivalents and Short-Term Investments | 1.30M | 823.62K | 1.93M | 1.48M | 3.54M | 5.25M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 117.38K | 92.74K | 85.57K | 570.22K | 434.69K | 183.18K |
| Stockholders Equity | 6.51M | 5.63M | 7.41M | 6.26M | 6.96M | 7.84M |
Cash Flow | ||||||
| Free Cash Flow | -1.30M | -1.11M | -1.80M | -2.08M | -1.69M | -1.20M |
| Operating Cash Flow | -722.50K | -745.47K | -655.14K | -543.96K | -804.93K | -911.42K |
| Investing Cash Flow | -250.71K | -365.64K | -820.58K | -1.49M | -880.98K | 5.21M |
| Financing Cash Flow | -14.01K | 0.00 | 1.93M | -31.34K | -24.28K | 450.07K |
Boadicea Resources Ltd. Technical Analysis
Boadicea 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% | |
53 Neutral | AU$9.32M | -2.27 | -6.61% | ― | ― | 69.66% | |
49 Neutral | AU$10.75M | -2.57 | -27.31% | ― | ― | -121.54% | |
46 Neutral | AU$5.16M | ― | -47.79% | ― | ― | 52.53% | |
46 Neutral | AU$9.54M | ― | -120.40% | ― | ― | -123.53% | |
42 Neutral | AU$11.62M | -12.22 | -24.22% | ― | ― | 83.93% | |
38 Underperform | AU$8.27M | -5.00 | -26.98% | ― | ― | 4.35% |
Boadicea Resources Ltd. Corporate Events
Boadicea Resources reported a net cash outflow of A$269,000 from operating activities for the quarter ended 31 December 2025, driven mainly by staff, administration and corporate costs, bringing operating cash outflows to A$436,000 for the first half. The company also spent A$109,000 on investing activities during the quarter, largely on exploration and evaluation and investments, partially offset by A$50,000 raised from equity issues, resulting in a net decrease in cash from A$565,000 at the start of the period as it continues to fund exploration-focused operations without generating operating revenue.
The most recent analyst rating on (AU:BOA) stock is a Hold with a A$0.04 price target. To see the full list of analyst forecasts on Boadicea Resources Ltd. stock, see the AU:BOA Stock Forecast page.
Boadicea Resources has secured a 49% interest and an exclusive option over the remaining 51% in the Neds Creek copper project in Western Australia’s Murchison Copper Belt, adding 13 exploration licences covering about 1,140km² in a region hosting known copper resources and historical operations. The company has identified multiple high-priority copper targets, including the advanced, drill-ready Ricci Lee prospect adjacent to the Thaduna Copper Deposit and additional prospects such as Rooneys, Limestone Bore and East/NE Green Dragon, and has begun integrating historical data with machine-learning-based targeting ahead of a planned drilling program in Q2 2026, funded in part by a $3.75 million share placement to support exploration and strengthen its balance sheet.
The most recent analyst rating on (AU:BOA) stock is a Hold with a A$0.04 price target. To see the full list of analyst forecasts on Boadicea Resources Ltd. stock, see the AU:BOA Stock Forecast page.
BOA Resources has appointed veteran geologist David Reid as Exploration Manager to lead the next phase of work at its Neds Creek Copper Project in Western Australia, following the completion of its buy-in to the asset. Reid, who brings more than 35 years’ experience in exploration and mining and has previously managed exploration at Neds Creek for Ventnor Resources, will oversee the design and delivery of BOA’s exploration program, including nine drill-ready targets scheduled for drilling in the second quarter of 2026. The company is also conducting a machine learning-based targeting exercise that integrates historical geological, geochemical and geophysical data to identify additional mineralised zones and rank existing targets, a move that underscores BOA’s push to build an economic copper resource and strengthen its technical capabilities and reporting under the JORC Code.
The most recent analyst rating on (AU:BOA) stock is a Hold with a A$0.04 price target. To see the full list of analyst forecasts on Boadicea Resources Ltd. stock, see the AU:BOA Stock Forecast page.
Boadicea Resources director Graeme Purcell has increased his direct equity stake in the company through participation in a recent share placement. Purcell subscribed for 800,000 new ordinary shares at $0.025 per share, lifting his holding from 310,000 to 1,110,000 shares while retaining 65,000 quoted options, a move that modestly strengthens director alignment with shareholders and signals internal support for the company’s capital-raising efforts.
The most recent analyst rating on (AU:BOA) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on Boadicea Resources Ltd. stock, see the AU:BOA Stock Forecast page.
Boadicea Resources has disclosed a change in director Mark Tomlinson’s relevant interests, with his indirect holding, via the Tomlinson Super Fund account, increasing through the subscription of 3 million ordinary shares at A$0.025 per share for a total consideration of A$75,000. The new shares were issued as placement shares following shareholder approval and lift Tomlinson’s indirect stake to 3 million ordinary shares alongside his existing 2,811,430 listed options, signalling continued insider financial commitment to the company and potentially reinforcing market confidence in its outlook and capital management.
The most recent analyst rating on (AU:BOA) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on Boadicea Resources Ltd. stock, see the AU:BOA Stock Forecast page.
Boadicea Resources director Catherine Norman has increased her indirect holding in the company through Norway Super Pty Ltd, which now holds 3,125,000 ordinary shares after a recent share placement. Norman subscribed for 2,000,000 new shares at $0.025 per share, for a total consideration of $50,000, signalling additional director support for the company’s capital raising and potentially reinforcing market confidence in its funding position and governance alignment with shareholders.
The most recent analyst rating on (AU:BOA) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on Boadicea Resources Ltd. stock, see the AU:BOA Stock Forecast page.
Boadicea Resources Ltd has notified the market of a new issue of unquoted equity securities, specifically 5 million unlisted broker options with an exercise price of A$0.06 and an expiry date of 22 January 2029. The issuance, which is not intended to be quoted on the ASX and follows a previously lodged Appendix 3B, represents a form of broker compensation and potential future equity dilution, signalling ongoing capital markets activity that could affect ownership structure and future funding flexibility for the company and its stakeholders.
The most recent analyst rating on (AU:BOA) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on Boadicea Resources Ltd. stock, see the AU:BOA Stock Forecast page.
BOA Resources Limited has completed the issuance of all securities tied to its recently approved A$3.75 million placement, following shareholder approval at a general meeting on 14 January 2026. The capital raising’s completion strengthens the company’s financial position and provides additional funding capacity for its ongoing corporate and operational activities, marking a key step in executing its near-term plans endorsed by shareholders.
The most recent analyst rating on (AU:BOA) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on Boadicea Resources Ltd. stock, see the AU:BOA Stock Forecast page.
BOA Resources Ltd has secured strong shareholder backing at its 14 January 2026 general meeting, with all resolutions passed on a poll, including the ratification of consideration shares to Core Value Australia NL and approvals to issue multiple tranches of placement shares and options to directors, key investors and BW Equities. The decisive support, with votes heavily in favour and no recorded opposition across key capital-raising and incentive resolutions, reinforces the board’s mandate to execute its strategy and provides the company with added flexibility to advance its resource projects and strengthen its capital structure.
The most recent analyst rating on (AU:BOA) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on Boadicea Resources Ltd. stock, see the AU:BOA Stock Forecast page.
Boadicea Resources Ltd. convened its 2026 General Meeting on 14 January 2026, setting out a formal agenda focused on a series of equity-related resolutions and a subsequent business update and Q&A session with shareholders. The meeting sought shareholder approvals for the ratification and issuance of various shares and options, including consideration shares to Core Value Australia NL, placement shares to key individuals such as directors and associates, and options to BW Equities, underscoring the company’s ongoing efforts to structure its capital base and incentivise key stakeholders.
The most recent analyst rating on (AU:BOA) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on Boadicea Resources Ltd. stock, see the AU:BOA Stock Forecast page.
Boadicea Resources Ltd. announced a change in the director’s interest, specifically for Mark Tomlinson, who acquired 2,811,430 BOAO listed options through an on-market purchase. This transaction indicates an increase in the director’s indirect interest in the company, potentially reflecting confidence in the company’s future prospects.
Boadicea Resources Ltd. has announced a General Meeting for its shareholders, scheduled for January 14, 2026, in Melbourne. The company encourages shareholders to lodge proxy votes by January 12, 2026, and to access meeting documents online, reflecting a shift towards digital communication in compliance with recent legislative changes.
Boadicea Resources Ltd. has released a proxy voting form for its upcoming general meeting, scheduled for January 14, 2026. The form outlines the process for shareholders to appoint proxies and direct their votes on several resolutions, including the ratification and approval of share issuances and options. This announcement is crucial for shareholders as it details the voting procedure and the resolutions that could impact the company’s strategic decisions and shareholder value.
Boadicea Resources Ltd. has announced a general meeting to be held on January 14, 2026, where shareholders will vote on several resolutions regarding the issuance of shares. The resolutions include ratifying the issuance of shares to Core Value Australia NL, approving the issuance of option consideration shares, and approving the issuance of placement shares to various individuals including Catherine Norman, Mark Tomlinson, and Graeme Purcell. These resolutions, if passed, will facilitate the company’s capital raising efforts and potentially strengthen its financial position.
Boadicea Resources Ltd. announced that IGO Limited and its associated entities have ceased to be substantial holders in the company as of November 25, 2025. This change was due to a dilution of interest following a share issue by Boadicea Resources. The announcement may impact the company’s shareholder structure and could influence its market positioning and investor relations.
BOA Resources Limited, a company listed on the Australian Securities Exchange under the ticker BOA, held its 2025 Annual General Meeting on November 27, 2025. During the meeting, several resolutions were voted on, including the adoption of the remuneration report, re-election of a director, replacement of the constitution, and approval of a 7.1A mandate. All resolutions were carried, indicating strong shareholder support for the company’s strategic direction.
Boadicea Resources Ltd. held its 2025 Annual General Meeting, focusing on key resolutions such as the remuneration report, re-election of a director, replacement of the constitution, and approval of a 7.1A mandate. The meeting also included a business update presentation and a general Q&A session, highlighting the company’s ongoing strategic initiatives and engagement with stakeholders.
BOA Resources Limited has acquired a 49% interest in Stanifer Pty Ltd, securing 13 exploration licenses in the Neds Creek Copper Project within Western Australia’s Murchison Copper Belt. This strategic acquisition places BOA in a prime position near established copper mines and deposits, enhancing its exploration potential. With a $3.75 million capital raise, BOA plans to conduct resource and exploration drilling by the first half of 2026, aiming to discover new copper resources and expand its critical minerals portfolio.
Boadicea Resources Ltd., a company listed on the Australian Securities Exchange, has announced the issuance of 17,269,399 fully paid ordinary shares at a price of $0.025 per share. This issuance is part of the company’s strategic move to acquire 49% of the issued capital of Stanifer Pty Ltd, reflecting its growth strategy and expansion efforts. The transaction was completed without disclosure to the holders under Part 6D.2 of the Corporations Act, and the company has complied with all relevant provisions of the Corporations Act. This acquisition could potentially enhance Boadicea Resources’ market position and operational capabilities.
BOA Resources Limited has acquired a 49% interest in Stanifer Pty Ltd, which holds 13 exploration licenses in the Neds Creek Copper Project, located in Western Australia’s Murchison Copper Belt. This strategic acquisition positions BOA near major copper mines and deposits, enhancing its exploration potential and growth opportunities. The project includes advanced, drill-ready copper targets, with drilling planned for the first half of 2026, aiming to discover new copper resources and expand BOA’s exploration portfolio.
BOA Resources Ltd, listed on the ASX, has requested a trading halt on its securities pending an announcement related to a strategic acquisition and associated capital raising. This move is intended to help the company manage its continuous disclosure obligations and is expected to be resolved by the commencement of normal trading on 27 November 2025, or upon the release of the announcement.
Boadicea Resources Ltd. reported a net cash outflow from operating activities of $167,000 for the quarter ending September 2025, primarily due to staff and administrative costs. The company also experienced a net cash outflow of $92,000 from investing activities, reflecting expenditures on exploration and evaluation as well as investments. These financial results indicate a period of cash consumption as the company continues its exploration efforts, impacting its short-term liquidity but potentially positioning it for future resource development.
Boadicea Resources Ltd. has announced its plans to drill its core lithium and nickel exploration assets in Western Australia, including the Bald Hill East and Cat Camp tenements, subject to final approvals. The company is also preparing to drill the Snowys Prospect in the Fraser Range, targeting potential Nova or Andromeda style mineralization. Despite delays in heritage surveys affecting the 2025 drilling schedule, Boadicea is actively reviewing its tenement holdings to focus on high-value exploration opportunities and is considering new projects to support its growth strategy.