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Boadicea Resources Ltd. (AU:BOA)
ASX:BOA
Australian Market

Boadicea Resources Ltd. (BOA) AI Stock Analysis

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AU:BOA

Boadicea Resources Ltd.

(Sydney:BOA)

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Neutral 49 (OpenAI - 5.2)
Rating:49Neutral
Price Target:
AU$0.03
▲(0.00% Upside)
The score is held back primarily by weak financial performance—recurring losses and ongoing cash burn—despite the benefit of a no-debt balance sheet. Technicals are moderately supportive with price above key moving averages and neutral-to-positive momentum, but valuation remains unattractive/indeterminate due to negative earnings and no dividend.
Positive Factors
Debt-Free Balance Sheet
A debt-free balance sheet reduces financial risk and provides flexibility, allowing the company to focus on strategic investments and exploration without the burden of interest payments.
Strategic Acquisition
This acquisition enhances BOA's exploration potential in the Murchison Copper Belt, positioning the company for growth and increased resource discovery, which could improve long-term market position.
Director Confidence
The director's increased stake suggests confidence in the company's future prospects, potentially signaling strong internal belief in the company's strategic direction and growth potential.
Negative Factors
Recurring Operating Losses
Ongoing losses and cash burn indicate financial instability, requiring external funding to sustain operations, which could limit strategic flexibility and long-term viability.
Declining Equity
Declining equity reflects the company's inability to generate shareholder value, potentially impacting investor confidence and limiting future capital-raising opportunities.
Negative Cash Flow
Negative cash flow indicates reliance on external funding, which could strain resources and limit the company's ability to invest in growth opportunities or weather economic downturns.

Boadicea Resources Ltd. (BOA) vs. iShares MSCI Australia ETF (EWA)

Boadicea Resources Ltd. Business Overview & Revenue Model

Company DescriptionBoadicea Resources Ltd primarily explores for mineral properties in Western Australia. The company explores for nickel, copper, gold, and lithium. Its flagship property is the Symons Hill project that covers an area of 73 square kilometers located within the Fraser Range Province of Western Australia. The company was incorporated in 2011 and is based in Malvern, Australia.
How the Company Makes MoneyBoadicea Resources Ltd. generates revenue primarily through the exploration and potential development of mineral resources. The company identifies and acquires exploration licenses in prospective areas, conducting geological surveys, drilling, and other exploration activities to ascertain the potential value of these resources. Revenue is generated through the sale or joint development of these mineral assets with larger mining companies or investors. Partnerships and joint ventures are significant contributors to the company's earnings, allowing Boadicea Resources to leverage external expertise and funding to advance their exploration projects. Additionally, the company may raise capital through the issuance of shares to fund its exploration activities and operational expenses.

Boadicea Resources Ltd. Financial Statement Overview

Summary
Boadicea Resources Ltd. faces significant financial challenges with persistent losses and negative cash flows. While the company benefits from having no debt, providing some financial stability, negative profitability and cash flow trends raise concerns about future financial health.
Income Statement
Boadicea Resources Ltd. has shown a volatile revenue trajectory with a significant drop in revenue from 2020 to 2023. The company continues to face negative EBIT and net income, which challenges profitability. The net profit margin remains negative, indicating ongoing losses, and the company struggles with maintaining a stable revenue base.
Balance Sheet
The company maintains a strong equity position with no debt, reflected in a solid equity ratio. However, the return on equity is negative due to consistent net losses, which poses a risk to long-term sustainability. The lack of debt is a positive factor, reducing financial risk.
Cash Flow
Boadicea Resources Ltd. shows a negative free cash flow, reflecting challenges in generating cash from operations. The operating cash flow to net income ratio is not favorable due to ongoing negative cash flows. Despite a high financing cash flow in the latest period, indicating potential reliance on external funding, free cash flow remains negative.
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue13.59K44.83K13.59K50.13K599.0033.00
Gross Profit13.59K44.83K13.59K50.13K599.0033.00
EBITDA-870.00K-709.91K-706.00K-625.00K-625.55K4.22M
Net Income-1.33M-1.78M-792.00K-879.00K-926.96K2.69M
Balance Sheet
Total Assets6.62M5.72M7.49M6.83M7.39M8.02M
Cash, Cash Equivalents and Short-Term Investments1.30M823.62K1.93M1.48M3.54M5.25M
Total Debt0.000.000.000.000.000.00
Total Liabilities117.38K92.74K85.57K570.22K434.69K183.18K
Stockholders Equity6.51M5.63M7.41M6.26M6.96M7.84M
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-880.98K5.21M
Financing Cash Flow-14.01K0.001.93M-31.34K-24.28K450.07K

Boadicea Resources Ltd. Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.03
Price Trends
50DMA
0.03
Positive
100DMA
0.03
Positive
200DMA
0.02
Positive
Market Momentum
MACD
<0.01
Positive
RSI
52.14
Neutral
STOCH
55.56
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:BOA, the sentiment is Positive. The current price of 0.03 is below the 20-day moving average (MA) of 0.03, above the 50-day MA of 0.03, and above the 200-day MA of 0.02, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 52.14 is Neutral, neither overbought nor oversold. The STOCH value of 55.56 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:BOA.

Boadicea Resources Ltd. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
61
Neutral
$10.43B7.12-0.05%2.87%2.86%-36.73%
49
Neutral
AU$4.22M-2.08-27.31%-121.54%
46
Neutral
AU$4.52M-47.79%52.53%
46
Neutral
AU$9.01M-2.20-6.61%69.66%
46
Neutral
AU$7.63M-120.40%-123.53%
45
Neutral
AU$11.62M-12.22-24.22%83.93%
38
Underperform
AU$5.91M-5.45-26.98%4.35%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:BOA
Boadicea Resources Ltd.
0.03
<0.01
50.00%
AU:C7A
Aus Tin Mining Limited
AU:CZN
Corazon Mining Limited
0.15
-0.07
-32.56%
AU:QXR
QX Resources Ltd
AU:FIN
Fin Resources Limited
0.01
<0.01
10.00%
AU:PRL
Province Resources Ltd
0.01
-0.03
-70.73%

Boadicea Resources Ltd. Corporate Events

Boadicea Resources Director Increases Stake with Option Purchase
Dec 9, 2025

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. Announces Upcoming General Meeting
Dec 4, 2025

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. Announces Proxy Voting Details for Upcoming Meeting
Dec 4, 2025

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. Announces General Meeting for Share Issuance Approvals
Dec 4, 2025

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.

IGO Limited Ceases to be Substantial Holder in Boadicea Resources
Dec 4, 2025

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 2025 AGM Resolutions Passed with Strong Shareholder Support
Nov 27, 2025

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. 2025 AGM Highlights Strategic Resolutions
Nov 27, 2025

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 Expands in Murchison Copper Belt with Strategic Acquisition
Nov 27, 2025

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 Expands with Strategic Acquisition
Nov 26, 2025

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 Expands in Murchison Copper Belt with Strategic Acquisition
Nov 25, 2025

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 Initiates Trading Halt for Strategic Acquisition Announcement
Nov 24, 2025

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 Reports Cash Outflows Amid Ongoing Exploration Efforts
Oct 31, 2025

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. Advances Drilling Plans Amid Strategic Portfolio Review
Oct 31, 2025

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.

Boadicea Resources Announces 2025 Annual General Meeting
Oct 27, 2025

Boadicea Resources Ltd. has announced its 2025 Annual General Meeting, scheduled for November 27, 2025, in Melbourne. Shareholders are encouraged to submit proxy votes by November 25, 2025, and can access meeting documents online. This meeting is significant for stakeholders as it provides an opportunity to discuss company resolutions and future strategies.

Boadicea Resources Ltd. Announces Proxy Voting Details for Upcoming AGM
Oct 27, 2025

Boadicea Resources Ltd. has released a proxy voting form for its upcoming Annual General Meeting scheduled for November 27, 2025. Shareholders are instructed on how to appoint proxies and vote on various resolutions, including the adoption of the remuneration report and re-election of a director. The company emphasizes the importance of submitting proxy voting instructions by the specified deadline to ensure participation in the meeting.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

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.Date of analysis: Dec 30, 2025