Diablo Resources Limited (AU:DBO)
ASX:DBO
Want to see AU:DBO full AI Analyst Report?
Top Page
Diablo Resources Limited
(Sydney:DBO)
Select Model
Select Model
Rating:42Neutral
Price Target:
AU$0.02
▼(-46.67% Downside)
Action:ReiteratedDate:04/24/26
The score is driven primarily by weak financial performance (no revenue, ongoing losses, and persistent negative free cash flow with increased 2025 cash burn), partially offset by low balance-sheet leverage. Technicals add downside pressure with the stock trading below key moving averages and a negative MACD, while valuation is constrained by negative earnings and no dividend support.
Positive Factors
Low leverage
Zero reported debt materially reduces financial distress and interest burden, giving management flexibility to pursue exploration without fixed debt servicing. For an exploration-stage miner this durable balance-sheet strength lowers bankruptcy risk and preserves strategic optionality for capital raises or JV funding.
Negative Factors
No revenue
Absent any revenue, the company lacks intrinsic cash generation and cannot rely on operating inflows to fund activity. This structural dependence on external capital increases financing risk, dilutive fundraising probability, and makes long-term viability contingent on successful exploration outcomes or repeated funding rounds.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage
Zero reported debt materially reduces financial distress and interest burden, giving management flexibility to pursue exploration without fixed debt servicing. For an exploration-stage miner this durable balance-sheet strength lowers bankruptcy risk and preserves strategic optionality for capital raises or JV funding.
Read all positive factors
Diablo Resources Limited (DBO) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$3.77M
Dividend YieldN/A
Average Volume (3M)3.77M
Price to Earnings (P/E)―
Beta (1Y)1.83
Revenue GrowthN/A
EPS Growth94.20%
CountryAU
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryGold
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding235,842,210
10 Day Avg. Volume3,187,210
30 Day Avg. Volume3,772,882
Financial Highlights & Ratios
PEG Ratio0.02
Price to Book (P/B)3.00
Price to Sales (P/S)0.00
P/FCF Ratio-2.81
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
Diablo Resources Limited Business Overview & Revenue Model
Company Description
Diablo Resources Limited engages in the acquisition and exploration of mineral properties in the United States. It holds a 100% interest in the Devils Canyon Project comprising 90 mineral claims covering an area of approximately 6.56 square kilome...
How the Company Makes Money
null...
Diablo Resources Limited Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
28
Negative
Cash Flow
18
Very Negative
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 224.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA | -1.44M | -762.53K | -9.77M | -517.09K | -806.27K | -98.24K |
| Net Income | -1.44M | -762.53K | -9.77M | -4.15M | -806.27K | -98.24K |
Balance Sheet | ||||||
| Total Assets | 2.76M | 764.64K | 821.63K | 10.04M | 13.66M | 13.99M |
| Cash, Cash Equivalents and Short-Term Investments | 945.87K | 180.33K | 556.58K | 2.52M | 4.24M | 5.99M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 19.04K |
| Total Liabilities | 260.16K | 236.11K | 114.77K | 530.99K | 64.38K | 98.24K |
| Stockholders Equity | 2.50M | 528.53K | 706.86K | 9.51M | 13.59M | -98.24K |
Cash Flow | ||||||
| Free Cash Flow | -966.35K | -563.90K | -491.20K | -1.38M | -1.76M | -19.04K |
| Operating Cash Flow | -966.39K | -563.90K | -491.20K | -390.08K | -323.40K | -19.04K |
| Investing Cash Flow | -1.46M | -355.02K | -2.43M | -1.17M | -1.58M | 0.00 |
| Financing Cash Flow | 2.82M | 542.67K | 958.47K | 0.00 | 6.00M | 19.04K |
Diablo Resources Limited Technical Analysis
Negative
0.03
Price Trends
0.02
Negative
0.02
Negative
0.03
Negative
Market Momentum
>-0.01
Negative
45.94
Neutral
150.00
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:DBO, the sentiment is Negative. The current price of 0.03 is above the 20-day moving average (MA) of 0.02, above the 50-day MA of 0.02, and above the 200-day MA of 0.03, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 45.94 is Neutral, neither overbought nor oversold. The STOCH value of 150.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:DBO.
Diablo Resources Limited 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% | |
48 Neutral | AU$5.75M | -2.11 | -154.54% | ― | -96.35% | -202.04% | |
46 Neutral | AU$43.96M | -4.07 | -134.41% | ― | ― | -267.80% | |
43 Neutral | AU$19.50M | -0.72 | -92.34% | ― | ― | -62.14% | |
43 Neutral | AU$4.29M | -0.22 | -164.84% | ― | ― | -41.67% | |
42 Neutral | AU$3.77M | -1.90 | -95.14% | ― | ― | 94.20% | |
41 Neutral | AU$4.52M | -7.90 | -127.91% | ― | ― | -27.27% |
* Basic Materials Sector Average
AU:DBO
Diablo Resources Limited
0.02
<0.01
7.14%
AU:DAF
Discovery Alaska Limited
0.02
<0.01
36.36%
AU:GNM
Great Northern Minerals Limited
0.04
0.02
150.00%
AU:SFM
Santa Fe Minerals Ltd.
0.28
0.24
600.00%
AU:RAS
Ragusa Minerals Ltd
0.03
<0.01
42.86%
AU:WSR
Westar Resources Ltd.
0.01
0.00
0.00%
Diablo Resources Limited Corporate Events
Diablo Resources Confirms High-Grade Silver–Antimony at Utah Star Range Project
Apr 19, 2026
Diablo Resources has confirmed high-grade silver and antimony mineralisation at its Star Range Project in Utah, with reconnaissance sampling returning silver grades up to 534 grams per tonne and further copper and gold values across multiple prosp...
Diablo Maps High-Priority Drill Targets at Utah Silver-Antimony Project
Mar 17, 2026
Diablo Resources has identified high-priority drill targets at the North Star Prospect within its 100% owned Star Range Silver-Antimony Project in Utah after completing an induced polarisation survey. The new geophysical anomalies align with an ex...
Diablo Resources Files Interim Financial Report for Half-Year 2025
Mar 11, 2026
Diablo Resources Limited has released its consolidated interim financial report for the half-year ended 31 December 2025, providing shareholders with its latest statement of comprehensive income, financial position, changes in equity and cash flow...
Diablo Resources Expands Land Position at Utah Star Range Critical Minerals Project
Mar 4, 2026
Diablo Resources has expanded its Star Range Silver-Antimony Project in Utah to about 5,242 acres by securing an additional Trust Lands Administration lease adjacent to the high-priority South Star Prospect. The new tenure consolidates similar geo...
Diablo Resources Defines Large Silver-Antimony Anomaly at Utah Star Range Project
Feb 22, 2026
Diablo Resources has outlined encouraging early exploration results from its Star Range Silver-Antimony Project in Utah, where first-pass soil sampling at the South Star prospect has defined a silver-antimony anomaly extending more than one kilome...
Diablo Resources advances Utah silver-antimony and copper projects with key exploration milestones
Feb 11, 2026
Diablo Resources has secured a geophysical contractor to begin an induced polarisation survey in February at its high-priority North Star target within the Star Range Silver-Antimony Project in Utah, where rock sampling has returned very high-grad...
Diablo Resources Expands Star Range Critical Minerals Project and Advances Drilling Plans
Feb 3, 2026
Diablo Resources has expanded its Star Range critical minerals project in Utah by staking an additional 52 unpatented lode claims, increasing the project footprint from 186 to 238 claims over approximately 4,596 acres. The new ground covers the in...
Diablo Resources Highlights Utah Critical Minerals Strategy in New Investor Presentation
Feb 1, 2026
Diablo Resources has released an investor presentation outlining its strategy to advance critical minerals projects in Utah, positioning the company as a potential contributor to America’s future supply of these key resources. The presentati...
Diablo Resources Appoints New Company Secretary and Relocates Registered Office
Jan 30, 2026
Diablo Resources Limited has appointed experienced Certified Practising Accountant Paul Jurman as its new Company Secretary, effective 1 February 2026, following the resignation of Shaun Menezes, whom the board thanked for his service. Jurman, who...
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.