Diablo Resources Limited (AU:DBO)
ASX:DBO
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Diablo Resources Limited
(Sydney:DBO)
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Rating:43Neutral
Price Target:
AU$0.01
▼(-53.33% Downside)
Action:Reiterated
Date:06/17/26
The score is driven primarily by weak financial performance (no revenue, persistent losses, and ongoing cash burn despite no debt). Technicals also weigh on the score with the stock trading below major moving averages and slightly negative momentum. Valuation provides limited support because the negative P/E reflects unprofitable operations and there is no dividend yield data.
Positive Factors
Low leverage (no debt)
Zero reported debt materially reduces solvency risk and preserves financial flexibility over the medium term. For an exploration company this lowers fixed obligations, making it easier to allocate capital to projects or raise equity without immediate debt servicing pressure, sustaining operations.
Negative Factors
No revenue base
Lack of any operating revenue means the business relies entirely on financing rather than internal cash generation. Over the medium term this forces repeated capital raises, increases dilution risk, and makes project continuity contingent on external market access and investor appetite.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage (no debt)
Zero reported debt materially reduces solvency risk and preserves financial flexibility over the medium term. For an exploration company this lowers fixed obligations, making it easier to allocate capital to projects or raise equity without immediate debt servicing pressure, sustaining operations.
Read all positive factors
Diablo Resources Limited (DBO) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$4.12M
Dividend YieldN/A
Average Volume (3M)3.77M
Price to Earnings (P/E)―
Beta (1Y)1.72
Revenue GrowthN/A
EPS Growth94.20%
CountryAU
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryGold
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding294,642,200
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, an entity established in 2021 and headquartered in West Perth, Australia, specializes in the acquisition and exploration of mineral properties throughout the United States. Its current portfolio includes a 100% ownership ...
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
Positive
0.55
Positive
-22.22
Positive
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 Positive momentum. The RSI at 0.55 is Positive, neither overbought nor oversold. The STOCH value of -22.22 is Positive, 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% | |
46 Neutral | AU$19.02M | -2.65 | -92.34% | ― | ― | -62.14% | |
43 Neutral | AU$4.12M | -1.92 | -95.14% | ― | ― | 94.20% | |
43 Neutral | AU$5.15M | -2.35 | -154.54% | ― | -96.35% | -202.04% | |
43 Neutral | AU$6.46M | -0.71 | -164.84% | ― | ― | -41.67% | |
42 Neutral | AU$40.70M | -11.39 | -134.41% | ― | ― | -267.80% | |
41 Neutral | AU$3.62M | -9.42 | -127.91% | ― | ― | -27.27% |
* Basic Materials Sector Average
AU:DBO
Diablo Resources Limited
0.01
>-0.01
-6.67%
AU:DAF
Discovery Alaska Limited
0.01
<0.01
8.33%
AU:GNM
Great Northern Minerals Limited
0.04
0.03
207.14%
AU:SFM
Santa Fe Minerals Ltd.
0.26
0.22
537.50%
AU:RAS
Ragusa Minerals Ltd
0.03
0.01
80.00%
AU:WSR
Westar Resources Ltd.
0.01
0.00
0.00%
Diablo Resources Limited Corporate Events
Diablo Resources Sets June General Meeting and Streamlines Proxy Voting
May 29, 2026
Diablo Resources Limited has called a General Meeting of shareholders to be held on 29 June 2026 in West Perth, Western Australia, with eligibility to vote determined by the share register as at 27 June 2026. The company is shifting away from rout...
Diablo Resources Seeks ASX Quotation for 58.8 Million New Shares
May 12, 2026
Diablo Resources Limited has applied for quotation on the ASX of 58.8 million new ordinary fully paid shares under the ticker DBO, with an issue date of 12 May 2026. The substantial share quotation expands the company’s listed equity base, s...
Diablo Resources Completes First Tranche of Capital Placement and Plans Second
May 12, 2026
Diablo Resources has completed Tranche 1 of its capital placement, issuing 58,800,000 fully paid ordinary shares at $0.013 each to raise $764,400 before costs from institutional, sophisticated, and existing investors. The shares were issued under ...
Diablo Resources Flags Transformational Horn Silver Mine Deal
May 10, 2026
Diablo Resources has released an acquisition presentation outlining a transformational purchase of the Horn Silver Mine in the United States. The company frames the deal as a significant step in its growth strategy, highlighting immediate drilling...
Diablo Resources Shares Reinstated to Trade After Deal and Capital Raise Update
May 7, 2026
Trading in Diablo Resources shares on the ASX is set to resume immediately, after being suspended pending news from the company. The reinstatement follows Diablo’s release of an announcement outlining a proposed material acquisition and asso...
Diablo Resources Plans Major Share Placement to Raise New Capital
May 7, 2026
Diablo Resources Limited has lodged an Appendix 3B with the ASX outlining a proposed placement of up to 40,000,000 new fully paid ordinary shares. The company has indicated a proposed issue date of 24 June 2026, with the transaction constituting a...
Diablo Resources Plans Placement of Up to 36 Million New Shares
May 7, 2026
Diablo Resources Limited has notified the ASX of a proposed placement of up to 36 million ordinary fully paid shares, with the new securities targeted for issue on 24 June 2026. The capital raising, conducted via a placement or similar structure, ...
Diablo Resources Seeks Voluntary Suspension Ahead of Capital Raise and Acquisition
May 5, 2026
Diablo Resources Limited has requested a voluntary suspension of trading in its securities on the ASX under Listing Rule 17.2, effective immediately, with the exchange confirming that DBO shares will remain suspended until the company issues a fur...
Diablo Resources Seeks Trading Halt Ahead of Capital Raising Announcement
Apr 30, 2026
Diablo Resources Limited has requested a halt in trading of its securities on the ASX, with the suspension to remain in place until either the start of normal trading on 5 May 2026 or the release of a pending company announcement. The move positio...
Diablo Advances Drill-Ready Utah Projects With High-Grade Results
Apr 30, 2026
Diablo Resources has advanced its Star Range project in Utah during the March quarter, confirming high-grade silver, antimony, copper and gold mineralisation across multiple prospects and expanding the project footprint to about 5,242 acres. The c...
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...
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.