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Diablo Resources Limited
(Sydney:DBO)
Diablo Resources Limited (DBO) vs. iShares MSCI Australia ETF (EWA)
Diablo Resources Limited Business Overview & Revenue Model
Diablo Resources Limited Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA | -762.53K | -762.53K | -9.77M | -517.09K | -806.27K | -98.24K |
| Net Income | -762.53K | -762.53K | -9.77M | -4.15M | -806.27K | -98.24K |
Balance Sheet | ||||||
| Total Assets | 764.64K | 764.64K | 821.63K | 10.04M | 13.66M | 13.99M |
| Cash, Cash Equivalents and Short-Term Investments | 180.33K | 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 | 236.11K | 236.11K | 114.77K | 530.99K | 64.38K | 98.24K |
| Stockholders Equity | 528.53K | 528.53K | 706.86K | 9.51M | 13.59M | -98.24K |
Cash Flow | ||||||
| Free Cash Flow | -563.90K | -563.90K | -491.20K | -1.38M | -1.76M | -19.04K |
| Operating Cash Flow | -563.90K | -563.90K | -491.20K | -390.08K | -323.40K | -19.04K |
| Investing Cash Flow | ― | -355.02K | -2.43M | -1.17M | -1.58M | 0.00 |
| Financing Cash Flow | 542.67K | 542.67K | 958.47K | 0.00 | 6.00M | 19.04K |
Diablo Resources Limited Technical Analysis
Diablo Resources Limited 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% | |
49 Neutral | AU$36.10M | -27.03 | -51.49% | ― | ― | 5.93% | |
48 Neutral | AU$4.45M | -14.62 | -66.08% | ― | ― | 80.88% | |
46 Neutral | AU$5.90M | -4.18 | -123.45% | ― | ― | 92.98% | |
44 Neutral | AU$4.81M | -2.11 | -127.51% | ― | 168.85% | 13.51% | |
43 Neutral | AU$2.98M | -3.03 | -37.62% | ― | ― | 76.76% | |
41 Neutral | AU$22.79M | -11.50 | -32.31% | ― | ― | 69.23% |
Diablo Resources Limited Corporate Events
Diablo Resources Limited has completed drilling at its Phoenix Copper Project in Utah and is advancing exploration at the Star Range Silver-Antimony Project. The company is actively pursuing additional opportunities in the U.S. critical minerals sector, aiming to capitalize on domestic supply initiatives and strengthen its market presence through strategic corporate initiatives.
Diablo Resources Limited has announced promising initial results from its Star Range Critical Minerals Project in Utah, confirming high-grade silver and antimony mineralization across multiple prospect areas. The project, consisting of 186 lode claims, is strategically positioned near historical and active mining sites, and the company is preparing for its maiden drilling program. These developments align with the company’s strategy to enhance its position in the critical minerals market, particularly as the U.S. seeks to bolster its domestic supply of these essential resources.
Diablo Resources Limited has released an investor presentation highlighting its strategic mineral projects in Utah, emphasizing the region’s importance in America’s critical mineral supply chain. This announcement underscores the company’s commitment to leveraging its assets in a key jurisdiction, potentially enhancing its market position and offering promising opportunities for stakeholders.
Diablo Resources Limited has completed a drone magnetic survey at its Star Range Silver-Antimony Project in Utah. The survey aims to refine high-grade silver-antimony targets ahead of a maiden drilling program. The data from the survey is being processed to identify potential new structural and intrusive-related target zones, which will enhance the company’s exploration efforts. This development is part of Diablo’s strategy to leverage its extensive experience and partnerships in the US to maximize shareholder value amid a strong silver market.
Diablo Resources Limited has announced an upcoming investor webinar scheduled for December 4, 2025, where Chairman Paul Lloyd and CEO Lyle Thorne will provide updates on the company’s exploration activities. This event is an opportunity for stakeholders to gain insights into the company’s operations and future plans, potentially impacting investor confidence and market positioning.
Diablo Resources Limited has expanded its landholding at the Star Range Silver Antimony Project in Utah by over 60%, securing 82 new claims. This expansion aims to strengthen the district-scale system and deliver new high-priority exploration targets, aligning with the company’s commitment to critical minerals and ongoing exploration efforts.
Diablo Resources Limited has commenced drilling at its high-priority Fair Dinkum Prospect within the Phoenix Copper Project in Utah, USA. This marks a significant step in advancing its U.S. critical minerals strategy, especially as copper has been added to the U.S. Critical Minerals List. The drilling aims to explore copper targets that have shown promising early results, with potential for a multi-kilometre mineralized system. The company is also continuing exploration at its Star Range Silver-Antimony Project, positioning itself to benefit from increased U.S. policy and investment in domestic critical minerals production.
Diablo Resources Limited announced the cessation of Barnaby Egerton-Warburton as a director effective November 17, 2025. The notice details his interests in securities, including shares and options held indirectly through various entities. This change in directorship may impact the company’s strategic direction and stakeholder relations, as leadership transitions can influence operational and market positioning.
Diablo Resources Limited has announced the appointment of Matthew Blumberg as a director, effective November 17, 2025. Blumberg holds 131,977 ordinary shares and 1,250,000 unquoted options in the company, which are exercisable at $0.036 each and expire on April 23, 2028. This appointment is part of the company’s ongoing efforts to strengthen its leadership team and enhance its strategic direction.
Diablo Resources Limited has announced the appointment of Mr. Matthew Blumberg as a Non-Executive Director, enhancing the board’s financial and operational expertise. Mr. Blumberg’s experience in investment and resource-sector strategy, along with his strong U.S. connections, is expected to support Diablo’s growth and regulatory processes in the region. Additionally, Ellis Martin has joined as the U.S. Media and Investor Communications Advisor to boost the company’s profile in North America.
Diablo Resources Limited has announced the issuance of 1,250,000 unquoted equity securities in the form of options expiring on April 23, 2028, with an exercise price of $0.036. This issuance is part of an employee incentive scheme and is not intended to be quoted on the ASX, indicating a strategic move to incentivize employees and potentially align their interests with the company’s long-term goals.
Diablo Resources Limited announced the successful passing of all resolutions at its Annual General Meeting held on November 13, 2025. The resolutions included the adoption of the remuneration report, re-election of a director, approval of mandates, and ratification of share issues, which are expected to strengthen the company’s governance and operational framework.
Diablo Resources Limited has commenced trading on the OTCQB market in the United States under the symbol ‘DBORF’, enhancing accessibility and liquidity for U.S. investors. This strategic move allows Diablo to engage more effectively with U.S. capital markets and expand its investor base, supporting its exploration efforts in critical mineral projects across the western U.S.
Diablo Resources Limited has commenced exploration at its Star Range Project in Utah, USA, targeting high-grade silver-antimony zones. The project aims to validate historic high-grade findings and includes systematic sampling, mapping, and a drone aeromagnetic survey to refine drill targets. This initiative is part of Diablo’s strategy to capitalize on the increasing demand for critical minerals, with the U.S. government supporting domestic supply chains. The project is strategically located near historical mineral sites, enhancing its potential impact on the company’s operations and positioning in the critical minerals market.
Diablo Resources Limited reported its quarterly cash flow, highlighting a net cash outflow from operating activities of $14,000 and investing activities of $488,000, primarily due to exploration and evaluation expenses. The company raised $448,000 through financing activities, which included proceeds from equity securities and borrowings, resulting in a net increase in cash and cash equivalents for the period.
Diablo Resources Limited has completed its maiden drilling program at the Phoenix Copper Project, with nine holes drilled across the Philadelphia and Trenton prospects, and assay results expected in the fourth quarter of 2025. The company has also secured permits for further drilling and is expanding its U.S. mineral portfolio. Additionally, Diablo raised $396,000 through a placement to investors and completed a $2.0 million capital raise, demonstrating strong financial support for its exploration activities.
Diablo Resources Limited has announced the quotation of 291,833 fully paid ordinary securities on the ASX, effective October 28, 2025. This move is part of the company’s strategy to enhance its market presence and potentially increase its capital base, which could have significant implications for its operational capabilities and stakeholder interests.
Diablo Resources Limited has announced promising results from its maiden scout drilling program at the Phoenix Copper Project in Utah, revealing significant copper mineralization at the Philadelphia Prospect. The results indicate that the mineralization is open in all directions and at depth, prompting the company to plan follow-up drilling in November. The Phoenix Project is strategically located near the Lisbon Valley Copper Mine, enhancing its potential value. Additionally, exploration activities are advancing at the Star Range Silver-Antimony Project, with surface sampling and mapping underway, indicating a steady flow of updates for stakeholders.
Diablo Resources Limited has announced its secondary listing on the U.S. OTCQB market, a strategic move to expand its North American investor base and advance its critical minerals growth strategy. This dual listing follows the acquisition of the Star Range Silver-Antimony Project in Utah and aims to enhance the company’s engagement with U.S. investors and strategic partners. The listing is expected to support Diablo’s exploration of additional U.S. opportunities and align with America’s focus on resource independence, without affecting the trading of its shares on the ASX.
Diablo Resources Limited is set to attend a significant luncheon with Australian Prime Minister Anthony Albanese in Washington, D.C., following his meeting with U.S. President Donald Trump. This event highlights the strategic alignment between the U.S. and Australia on critical minerals and supply chain cooperation. Diablo’s invitation underscores its emerging role in the U.S. critical minerals corridor, with projects in Utah that focus on copper, silver, and antimony. The company’s participation in this dialogue is a testament to its potential impact on future North American supply initiatives and its alignment with clean energy and national security priorities.
Diablo Resources Limited has announced its Annual General Meeting, scheduled for November 13, 2025, in West Perth, WA. The meeting will address several key resolutions, including the adoption of the remuneration report, re-election of a director, approval of a 7.1A mandate for issuing equity securities, and ratification of share placements. Additionally, the company seeks to renew its proportional takeover provisions in its constitution for another three years. These resolutions, if passed, could impact the company’s governance and capital management strategies.
Diablo Resources Limited has announced its Annual General Meeting (AGM) scheduled for November 13, 2025, at its West Perth office. Shareholders are encouraged to participate by voting online or by proxy, with instructions to be submitted by November 11, 2025. The company will not send physical copies of the meeting notice unless requested, emphasizing a shift towards digital communication.
Diablo Resources Limited has released an investor presentation highlighting its high-value critical mineral projects in Utah. The company emphasizes the strategic importance of these projects in contributing to America’s future supply chain, positioning itself as a key player in a tier-one jurisdiction.
Diablo Resources Limited has announced the issuance of shares without disclosure to investors under the Corporations Act 2001. The company has complied with relevant legal provisions and there is no additional excluded information required to be disclosed, indicating a routine financial operation that maintains regulatory compliance.
Diablo Resources Limited announced the quotation of 58,823,529 fully paid ordinary securities on the ASX, effective October 8, 2025. This move is part of previously announced transactions and is expected to enhance the company’s liquidity and market presence, potentially benefiting stakeholders by increasing the company’s visibility and access to capital.
Diablo Resources Limited announced a proposed issue of 58,823,529 ordinary fully paid securities, with an issue date set for October 6, 2025. This move is part of the company’s strategy to raise capital, potentially impacting its operational capabilities and market positioning by providing additional financial resources to support its growth initiatives.
Diablo Resources Limited has successfully completed a $2 million capital raise to acquire the high-grade Star Range Silver-Antimony Project in Utah, USA. This acquisition positions the company to benefit from the U.S. government’s emphasis on domestic critical minerals production, as outlined in the 2025 Critical Minerals List. The project, located in a mining-friendly jurisdiction, includes significant historical silver and antimony findings, with immediate plans for exploration and development. This move is expected to enhance Diablo’s operations and strengthen its position in the critical minerals market, offering potential benefits to stakeholders through increased resource availability and strategic growth.