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Dreadnought Resources Limited
(Sydney:DRE)
Dreadnought Resources Limited (DRE) vs. iShares MSCI Australia ETF (EWA)
Dreadnought Resources Limited Business Overview & Revenue Model
Dreadnought 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 | -162.70K | -162.70K | -160.00K | -133.00K | -62.11K | 0.00 |
| EBITDA | -15.05M | -2.04M | -6.14M | -5.37M | -1.64M | -1.20M |
| Net Income | -4.87M | -18.88M | -6.32M | -5.52M | -1.74M | -1.28M |
Balance Sheet | ||||||
| Total Assets | 53.25M | 53.25M | 53.40M | 55.36M | 20.58M | 13.61M |
| Cash, Cash Equivalents and Short-Term Investments | 10.20M | 10.20M | 1.46M | 11.68M | 2.65M | 2.65M |
| Total Debt | 126.80K | 126.80K | 143.38K | 177.58K | 207.32K | 578.95K |
| Total Liabilities | 1.22M | 1.22M | 1.36M | 4.52M | 1.52M | 1.45M |
| Stockholders Equity | 52.03M | 52.03M | 52.04M | 50.84M | 19.05M | 12.16M |
Cash Flow | ||||||
| Free Cash Flow | -9.78K | -9.78K | -19.40M | -20.42M | -7.85M | -6.46M |
| Operating Cash Flow | -1.53K | -1.53K | -2.09M | -1.74M | -1.07M | -456.36K |
| Investing Cash Flow | -6.63M | -6.63K | -7.57M | -27.11M | -6.81M | -6.00M |
| Financing Cash Flow | 16.90M | 16.90K | 5.44M | 32.01M | 7.74M | 8.64M |
Dreadnought Resources Limited Technical Analysis
Dreadnought 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% | |
57 Neutral | AU$133.60M | -44.44 | -1.95% | ― | ― | 21.74% | |
52 Neutral | AU$160.97M | -41.84 | -2.30% | ― | ― | 12.50% | |
50 Neutral | AU$152.35M | -5.63 | -36.29% | ― | ― | -166.67% | |
48 Neutral | AU$257.58M | 650.00 | 0.74% | ― | ― | ― | |
43 Neutral | AU$41.44M | -6.89 | -13.86% | ― | ― | -12.34% | |
40 Neutral | AU$57.53M | -6.64 | -116.65% | ― | ― | -11.33% |
Dreadnought Resources Limited Corporate Events
Dreadnought Resources Limited announced a change in the director’s interest, specifically the expiration of 853,098 unlisted options held by Director Philip Crutchfield. This change reflects a decrease in the director’s indirect holdings, potentially impacting the company’s governance and shareholder dynamics.
Dreadnought Resources Limited announced the cessation of 853,098 securities due to the expiry of options that were not exercised or converted by the deadline of December 16, 2025. This cessation of securities may impact the company’s capital structure and could influence investor perceptions, as it reflects the non-utilization of options that might have otherwise contributed to capital inflow.
Dreadnought Resources Limited announced a change in the director’s interest, with Philip Crutchfield acquiring 14,285,715 ordinary fully paid shares valued at $500,000.03. This acquisition was part of a company placement approved by shareholders, potentially strengthening the company’s financial position and signaling confidence in its strategic direction.
Dreadnought Resources Limited has issued over 17 million fully paid ordinary shares to its directors as part of a placement, increasing their total investment to approximately $7.9 million. Additionally, the company issued shares through the exercise of employee performance rights and options, raising $1,741, which reflects its ongoing efforts to strengthen its capital structure and support its strategic initiatives.
Dreadnought Resources Limited announced the issuance of 17,428,580 fully paid ordinary securities, which are to be quoted on the Australian Securities Exchange (ASX). This move is part of previously announced transactions and reflects the company’s ongoing efforts to enhance its financial standing and operational capacity, potentially impacting its market position and stakeholder interests.
Dreadnought Resources Limited has announced an initial inferred mineral resource for the Orion deposit, part of the Tarraji-Yampi project, confirming it as a Besshi-style volcanogenic massive sulphide system. The resource contains significant quantities of copper, gold, silver, and cobalt, with potential for further discoveries and extensions. This development positions Orion as a potentially significant economic contributor to the West Kimberley Region, especially following the closure of the Koolan Island Iron Ore mine. The project’s location in a critical minerals zone underscores its importance for Australia’s strategic interests and the global energy transition.
Dreadnought Resources Limited has announced successful results from its recent RC drilling program at the Stinger REE-Nb target, part of the Mangaroon Critical Metals project. The drilling revealed high-grade deposits of critical metals such as rare earth elements, niobium, titanium, scandium, and phosphate, which are essential for the global energy transition and electronics and defense industries. The company is optimistic about the potential for further discoveries, with only a quarter of the Gifford Creek Carbonatite explored so far. Additional diamond drilling is underway to test high-grade REE targets, with results expected in early 2026. This development could enhance Dreadnought’s position in the critical metals market and contribute to economic growth in northern Australia.
Dreadnought Resources Limited has announced the application for quotation of 31,187,500 ordinary fully paid securities on the Australian Securities Exchange (ASX). This move is part of their strategy to enhance liquidity and potentially raise capital, which could impact their operational capabilities and market presence.
Dreadnought Resources Limited has announced the quotation of 23,207 fully paid ordinary securities on the ASX, effective from December 8, 2025. This move is part of the company’s strategy to strengthen its financial position and enhance liquidity, potentially impacting its market presence and offering benefits to its stakeholders.
Dreadnought Resources Limited announced a change in the interest of its director, Dean Tuck, involving the acquisition of performance rights. This change, approved by shareholders at the recent Annual General Meeting, reflects the company’s ongoing efforts to align management incentives with shareholder interests, potentially impacting its operational strategy and stakeholder engagement.
Dreadnought Resources Limited announced the issuance of 53,900,000 unquoted performance rights as part of an employee incentive scheme. This move is aimed at motivating and retaining talent within the company, potentially enhancing its operational efficiency and competitive positioning in the mining sector.
Dreadnought Resources Limited announced the issuance of 1,840,000 unlisted options to directors as a substitute for salaries, following shareholder approval. This strategic move is aimed at conserving cash for exploration activities, with directors having invested over $7.8 million in the company, highlighting their commitment and confidence in its future growth.
Dreadnought Resources Limited has announced the issuance of 1,840,000 unquoted equity securities in the form of options set to expire on November 28, 2029. This issuance, part of an employee incentive scheme, reflects the company’s strategy to enhance employee engagement and align their interests with the company’s long-term growth objectives. The move is expected to strengthen the company’s operational capabilities and potentially improve its market positioning by retaining and motivating key personnel.
Dreadnought Resources Limited has announced a comprehensive agreement with Black Cat Syndicate Ltd for the development and processing of the Star of Mangaroon gold project. This arrangement allows Dreadnought to commence mining operations without upfront funding, leveraging Black Cat’s expertise and infrastructure. The collaboration is expected to generate cash flows, supporting Dreadnought’s strategic objectives while it continues exploration activities. The agreement also outlines financial terms, including a profit-sharing structure, and positions Dreadnought to focus on further exploration and discovery efforts.
Dreadnought Resources Limited has entered into a joint venture with Black Cat Syndicate Limited to mine and process ore from the high-grade Star of Mangaroon gold deposit. This agreement allows Black Cat to manage and fund the initial development, with both companies sharing the surplus cashflow. The venture is expected to provide significant cashflow benefits and operational flexibility for Black Cat, while also offering strategic opportunities for further discoveries in the region.
Dreadnought Resources Limited announced that all resolutions proposed at its Annual General Meeting were passed by the requisite majority. This outcome reflects strong shareholder support and is likely to positively impact the company’s strategic initiatives and governance, reinforcing its position in the mining industry.
Dreadnought Resources Limited has announced its AGM presentation, highlighting its financial position with approximately $22 million in cash to support its self-funding strategy and ongoing exploration activities. The company emphasizes its commitment to exploration, having invested over 85% of raised funds into exploration efforts, and maintains a strong shareholder base with significant insider investment, indicating confidence in its strategic direction.
Dreadnought Resources Limited has made significant strides in its various projects over the past year. The company finalized a joint venture with Teck Resources for its Bresnahan and Mangaroon Base Metals projects, and divested certain assets to Catalina Resources. At Mangaroon, the company identified promising rare earth mineralization and niobium zones, while also advancing its gold exploration strategy at the Star of Mangaroon. The company aims to become a self-funded explorer by outsourcing key operational aspects, reducing reliance on market funding, and focusing on high-grade gold discoveries. These developments position Dreadnought Resources strategically within the mining sector, particularly in Western Australia, a top investment jurisdiction.
Dreadnought Resources Ltd has announced promising results from their recent drilling program at Cullen’s Find, part of the Mangaroon Gold project. The program revealed thick, near-surface gold intercepts, indicating potential for bulk gold deposits. This marks a significant development since the last exploration in 1986. The company plans to conduct further diamond drilling to gather structural information and assist in future drill planning, with additional assay results expected in December 2025. These findings could enhance Dreadnought’s position in the gold mining industry and offer new opportunities for stakeholders.
Dreadnought Resources Limited has commenced a 43-hole RC drilling program at Metzke’s Find, part of its Illaara Gold Project. This initiative, part of the company’s strategy to boost production, aims to expand and upgrade the existing gold resource, which currently stands at 14,900oz at 6.8g/t Au. The program will also provide material for metallurgical testing, with results expected in early 2026. The drilling is significant for Dreadnought’s goal of enhancing its resource base and advancing towards production, potentially impacting its market position and stakeholder interests.
Dreadnought Resources Limited has submitted a mining lease application for the Metzke’s Find gold deposit, part of its Illaara Gold Project in Western Australia. This application is based on a high-grade resource and aims to extend mineralization and support infrastructure for an open-pit mine. The company plans to commence drilling in November 2025, aligning with its strategy to expedite gold production and enhance its market position.
Dreadnought Resources Limited has announced promising results from its recent RC drilling at Steve’s Reward, part of the Mangaroon Gold project in Western Australia. The drilling has revealed significant gold-bearing lodes over a 1,000m strike, although some structural complexities and unexplained anomalies suggest that the current drilling orientation may not be optimal. To address this, the company plans to conduct diamond drilling to gain better structural insights, which will guide future exploration efforts. This development indicates potential for a substantial gold discovery, enhancing Dreadnought’s positioning in the resource exploration sector.
Dreadnought Resources Limited has announced an upgraded scoping study for its Star of Mangaroon project, showing a 24% increase in initial production targets to approximately 24,000 ounces of gold. The study highlights improved financial outcomes, including a reduced maximum cash drawdown and a significant operating cash flow, driven by additional high-grade mineralization and favorable gold prices. The company is advancing towards production, with mining approvals submitted and contractor agreements in place, while also exploring opportunities to expand resources and extend operations.
The most recent analyst rating on (AU:DRE) stock is a Buy with a A$0.05 price target. To see the full list of analyst forecasts on Dreadnought Resources Limited stock, see the AU:DRE Stock Forecast page.
Dreadnought Resources Limited has announced a webinar for shareholders and InvestorHub members, scheduled for October 29, 2025. The webinar, hosted by Managing Director Dean Tuck, will provide updates on recent results, exploration progress, and future plans, offering investors an opportunity to engage and ask questions.
The most recent analyst rating on (AU:DRE) stock is a Buy with a A$0.05 price target. To see the full list of analyst forecasts on Dreadnought Resources Limited stock, see the AU:DRE Stock Forecast page.
Dreadnought Resources Limited’s quarterly cash flow report indicates a net cash outflow from operating activities of $488,000 and a significant cash outflow of $2,691,000 from investing activities, primarily due to exploration and evaluation expenses. The company’s financial activities reflect a strategic focus on exploration, which impacts its cash reserves and highlights its commitment to expanding its resource base, potentially affecting its financial stability and stakeholder interests.
The most recent analyst rating on (AU:DRE) stock is a Buy with a A$0.05 price target. To see the full list of analyst forecasts on Dreadnought Resources Limited stock, see the AU:DRE Stock Forecast page.
Dreadnought Resources Limited has successfully secured additional funding to expedite its ‘Finding More Gold, Faster’ strategy, raising $18 million in capital to advance its Mangaroon and Illaara gold projects. The company reported a 36% increase in the Measured and Indicated category of the Star of Mangaroon Resource and discovered new mineralized trends at Steve’s Reward. Additionally, drilling at the Stinger REE/niobium deposit revealed a new thick REE carbonatite. These developments strengthen Dreadnought’s position in the mining sector, potentially enhancing its production capabilities and market standing.
The most recent analyst rating on (AU:DRE) stock is a Buy with a A$0.05 price target. To see the full list of analyst forecasts on Dreadnought Resources Limited stock, see the AU:DRE Stock Forecast page.
Dreadnought Resources Limited has successfully settled the first tranche of its recent placement, issuing 514,285,713 fully paid ordinary shares at $0.035 per share, raising $18 million before costs. This strategic move, which includes significant investment from company directors, aims to strengthen the company’s financial position and support its ongoing exploration and development activities, potentially enhancing its market standing and value for shareholders.
The most recent analyst rating on (AU:DRE) stock is a Buy with a A$0.05 price target. To see the full list of analyst forecasts on Dreadnought Resources Limited stock, see the AU:DRE Stock Forecast page.
Dreadnought Resources Limited announced the progress of its Reverse Circulation (RC) drilling at the Mangaroon Gold Project, with promising structures identified at various sites including Cullen’s Find and Midday Moon. The company has completed 55 RC holes totaling 4,675 meters and is awaiting assay results expected in October and November 2025. The drilling program aims to extend the open pit at Star of Mangaroon and add near-term production ounces at Pritchard’s Well, with discovery drilling underway at Lesgo and other prospects. The results of these assays could significantly impact the company’s exploration strategy and potential resource expansion.
The most recent analyst rating on (AU:DRE) stock is a Buy with a A$0.05 price target. To see the full list of analyst forecasts on Dreadnought Resources Limited stock, see the AU:DRE Stock Forecast page.
Dreadnought Resources Limited has announced a proposed issue of 514,285,713 ordinary fully paid securities, scheduled for issuance on October 16, 2025. This move is part of a placement or other type of issue, potentially impacting the company’s capital structure and market presence by increasing the number of securities available for trading.
The most recent analyst rating on (AU:DRE) stock is a Buy with a A$0.05 price target. To see the full list of analyst forecasts on Dreadnought Resources Limited stock, see the AU:DRE Stock Forecast page.
Dreadnought Resources Limited has successfully raised $18 million through a share placement at $0.035 per share, with additional director participation pending shareholder approval. The funds will be used to accelerate exploration activities in the Yilgarn region, including underground and new target drilling at Star of Mangaroon, enhancing the company’s prospects in the mining sector.
The most recent analyst rating on (AU:DRE) stock is a Buy with a A$0.05 price target. To see the full list of analyst forecasts on Dreadnought Resources Limited stock, see the AU:DRE Stock Forecast page.
Dreadnought Resources Ltd, a company listed on the Australian Securities Exchange, has requested a trading halt on its securities. This halt is pending an announcement regarding a capital raise, which is expected to impact the company’s financial operations. The halt will last until either the announcement is made or the start of normal trading on October 10, 2025.
The most recent analyst rating on (AU:DRE) stock is a Buy with a A$0.05 price target. To see the full list of analyst forecasts on Dreadnought Resources Limited stock, see the AU:DRE Stock Forecast page.
Dreadnought Resources Limited has completed a 28-hole reverse circulation (RC) drilling program at Steve’s Reward within the Mangaroon Gold project, revealing promising mineralized structures and quartz-sulphide veining. The company has dispatched samples for rush assay, with results anticipated by October 2025. The drilling program aims to explore new mineralized trends and extend known gold-in-soil anomalies, potentially enhancing Dreadnought’s resource base and market positioning. The ongoing exploration at other prospects, including Cullen’s Find, Midday Moon, and Midnight Star, further underscores Dreadnought’s commitment to expanding its gold resource portfolio.
The most recent analyst rating on (AU:DRE) stock is a Buy with a A$0.05 price target. To see the full list of analyst forecasts on Dreadnought Resources Limited stock, see the AU:DRE Stock Forecast page.
Dreadnought Resources Limited has announced an option agreement to acquire a strategic landholding in the mid-west region of Western Australia, covering areas with significant gold potential. The acquisition, which is currently under due diligence, includes land in the Kirklalocka, Dalwallinu, and Wongan Hills greenstone belts, known for historical gold production and underexplored gold targets. This move positions Dreadnought strategically in a region undergoing consolidation, with potential implications for future mining operations and stakeholder interests.
The most recent analyst rating on (AU:DRE) stock is a Buy with a A$0.05 price target. To see the full list of analyst forecasts on Dreadnought Resources Limited stock, see the AU:DRE Stock Forecast page.