Boadicea Resources Ltd. (AU:BOA)
ASX:BOA
Top Page
Boadicea Resources Ltd.
(Sydney:BOA)
Select Model
Select Model
Rating:50Neutral
Price Target:
AU$0.04
▲(20.00% Upside)
Action:ReiteratedDate:02/17/26
The score is held down primarily by weak financial performance (persistent losses and consistent cash burn) and a loss-making valuation signal (negative P/E, no dividend support). These risks are partially offset by a debt-free balance sheet and currently positive technical momentum with the price trading above major moving averages.
Positive Factors
Debt-free balance sheet
Zero reported debt and a debt-to-equity ratio of 0 materially reduce short- to medium-term solvency risk. This conservative capital structure gives management structural flexibility to sequence exploration spend, seek project-level financing, or raise equity from a position of lower immediate leverage during typical cyclical exploration cycles.
Negative Factors
Persistent negative operating cash flow
Chronic negative operating and free cash flow indicate the business burns cash to fund exploration and overhead. Over a multi-month horizon this creates structural dependency on external financing or equity issuance, raising dilution risk and potentially forcing project slowdowns or asset sales if capital markets or partners become less accessible.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-free balance sheet
Zero reported debt and a debt-to-equity ratio of 0 materially reduce short- to medium-term solvency risk. This conservative capital structure gives management structural flexibility to sequence exploration spend, seek project-level financing, or raise equity from a position of lower immediate leverage during typical cyclical exploration cycles.
Read all positive factors
Boadicea Resources Ltd. (BOA) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$11.62M
Dividend YieldN/A
Average Volume (3M)234.36K
Price to Earnings (P/E)―
Beta (1Y)1.08
Revenue GrowthN/A
EPS Growth-121.54%
CountryAU
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding290,622,250
10 Day Avg. Volume455,856
30 Day Avg. Volume234,357
Financial Highlights & Ratios
PEG Ratio-0.01
Price to Book (P/B)0.44
Price to Sales (P/S)55.12
P/FCF Ratio-2.22
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Boadicea Resources Ltd. Business Overview & Revenue Model
Company Description
Boadicea 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...
How the Company Makes Money
null...
Boadicea Resources Ltd. Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
62
Positive
Cash Flow
23
Negative
| Breakdown | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 44.83K | 13.59K | 50.13K | 599.00 | 33.00 |
| Gross Profit | 44.83K | 13.59K | 50.13K | 599.00 | 33.00 |
| EBITDA | -709.91K | -706.00K | -625.00K | -625.55K | 4.22M |
| Net Income | -1.78M | -792.00K | -879.00K | -926.96K | 2.69M |
Balance Sheet | |||||
| Total Assets | 5.72M | 7.49M | 6.83M | 7.39M | 8.02M |
| Cash, Cash Equivalents and Short-Term Investments | 823.62K | 1.93M | 1.48M | 3.54M | 5.25M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 92.74K | 85.57K | 570.22K | 434.69K | 183.18K |
| Stockholders Equity | 5.63M | 7.41M | 6.26M | 6.96M | 7.84M |
Cash Flow | |||||
| Free Cash Flow | -1.11M | -1.80M | -2.08M | -1.69M | -1.20M |
| Operating Cash Flow | -745.47K | -655.14K | -543.96K | -804.93K | -911.42K |
| Investing Cash Flow | -365.64K | -820.58K | -1.49M | -880.98K | 5.21M |
| Financing Cash Flow | 0.00 | 1.93M | -31.34K | -24.28K | 450.07K |
Boadicea Resources Ltd. Technical Analysis
Positive
0.03
Price Trends
0.04
Positive
0.04
Positive
0.03
Positive
Market Momentum
<0.01
Positive
59.95
Neutral
36.36
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 0.04, below the 50-day MA of 0.04, and above the 200-day MA of 0.03, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 59.95 is Neutral, neither overbought nor oversold. The STOCH value of 36.36 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
UnderperformOutperform
Sector (61)
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$14.34M | -1.24 | -7.72% | ― | ― | 69.66% | |
50 Neutral | AU$11.62M | -1.54 | -27.04% | ― | ― | -121.54% | |
47 Neutral | AU$16.11M | -6.99 | -23.12% | ― | ― | 83.93% | |
46 Neutral | AU$6.43M | -1.26 | -34.90% | ― | ― | 52.53% | |
46 Neutral | AU$9.51M | -0.83 | -284.59% | ― | ― | -123.53% | |
| ― | AU$4.73M | -5.50 | -26.98% | ― | ― | 4.35% |
* Basic Materials Sector Average
AU:BOA
Boadicea Resources Ltd.
0.04
0.02
122.22%
AU:C7A
Aus Tin Mining Limited
―
―
―
AU:CZN
Corazon Mining Limited
0.20
-0.02
-9.30%
AU:QXR
QX Resources Ltd
―
―
―
AU:FIN
Fin Resources Limited
0.01
0.00
0.00%
AU:PRL
Province Resources Ltd
0.01
0.00
0.00%
Boadicea Resources Ltd. Corporate Events
BOA Resources Unveils Transformational Neds Creek Copper Acquisition
Feb 10, 2026
BOA Resources Limited has announced a transformational acquisition of the Neds Creek copper project in Western Australia, signaling a major strategic shift in its asset base. The deal, highlighted in an investor presentation, is framed as a signif...
Boadicea Resources Posts Quarterly Cash Outflow as Exploration Spending Continues
Jan 30, 2026
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 h...
Boadicea boosts copper portfolio with Neds Creek stake and $3.75m raise
Jan 30, 2026
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 regi...
BOA Resources appoints veteran geologist to drive Neds Creek copper exploration
Jan 27, 2026
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 3...
Boadicea Resources Director Purcell Ups Stake via Share Placement
Jan 22, 2026
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...
Boadicea Director Increases Indirect Stake Through $75,000 Share Placement
Jan 22, 2026
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...
Boadicea Resources Director Catherine Norman Lifts Stake via Share Placement
Jan 22, 2026
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...
Boadicea Resources Issues 5 Million Unlisted Broker Options
Jan 22, 2026
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...
BOA Resources Completes Issue of Securities Under A$3.75m Placement
Jan 21, 2026
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 t...
BOA Resources Wins Strong Shareholder Backing for Capital Issuance Resolutions
Jan 14, 2026
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 t...
Boadicea Resources Sets Capital Management Resolutions at 2026 General Meeting
Jan 14, 2026
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 QA session with shareholders. The meeting sought share...
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.