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Dreadnought Resources Limited
(Sydney:DRE)
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Rating:44Neutral
Price Target:
AU$0.01
▼(-53.33% Downside)
Action:Reiterated
Date:07/05/26
The score is primarily constrained by weak financial performance driven by no revenue, ongoing losses, and continued cash burn, partially mitigated by a low-debt, equity-supported balance sheet. Technicals add modest pressure with price below longer-term moving averages and a negative MACD, while valuation is also limited by a loss-driven negative P/E and no dividend yield data.
Positive Factors
Low leverage / strong solvency
Very low debt relative to equity reduces near-term solvency and refinancing risk. For an exploration company this durable strength preserves operational optionality, supports continued programs through commodity cycles, and lowers the probability of forced asset sales over the next 2–6 months.
Negative Factors
Pre-revenue business model
A lack of revenue means the firm has no commercial cash inflows and remains fully dependent on capital markets or partner funding. That structural reliance elevates execution and financing risk and limits self-sustaining growth prospects over a 2–6 month horizon.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage / strong solvency
Very low debt relative to equity reduces near-term solvency and refinancing risk. For an exploration company this durable strength preserves operational optionality, supports continued programs through commodity cycles, and lowers the probability of forced asset sales over the next 2–6 months.
Read all positive factors
Dreadnought Resources Limited (DRE) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$80.15M
Dividend YieldN/A
Average Volume (3M)12.23M
Price to Earnings (P/E)―
Beta (1Y)1.53
Revenue GrowthN/A
EPS Growth71.74%
CountryAU
Employees9
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding5,725,200,000
10 Day Avg. Volume9,775,422
30 Day Avg. Volume12,231,524
Financial Highlights & Ratios
PEG Ratio-0.01
Price to Book (P/B)0.70
Price to Sales (P/S)0.00
P/FCF Ratio-3.74K
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)>-0.01
Revenue Forecast (FY)N/A
Dreadnought Resources Limited Business Overview & Revenue Model
Company Description
Dreadnought Resources Ltd is an Australian company primarily focused on the exploration and development of mineral properties throughout Australia. Established in 2006 and headquartered in Osborne Park, the company seeks a wide range of valuable r...
How the Company Makes Money
null...
Dreadnought Resources Limited Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
76
Positive
Cash Flow
34
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 | -174.21K | -162.70K | -160.00K | -133.00K | -62.11K | 0.00 |
| EBITDA | -2.69M | -2.04M | -6.14M | -5.37M | -1.64M | -1.20M |
| Net Income | -6.52M | -18.88M | -6.32M | -5.52M | -1.74M | -1.28M |
Balance Sheet | ||||||
| Total Assets | 69.30M | 53.25M | 53.40M | 55.36M | 20.58M | 13.61M |
| Cash, Cash Equivalents and Short-Term Investments | 21.85M | 10.20M | 1.46M | 11.68M | 2.65M | 2.65M |
| Total Debt | 101.72K | 126.80K | 143.38K | 177.58K | 207.32K | 578.95K |
| Total Liabilities | 937.52K | 1.22M | 1.36M | 4.52M | 1.52M | 1.45M |
| Stockholders Equity | 68.37M | 52.03M | 52.04M | 50.84M | 19.05M | 12.16M |
Cash Flow | ||||||
| Free Cash Flow | -668.65K | -9.78K | -19.40M | -20.42M | -7.85M | -6.46M |
| Operating Cash Flow | -657.51K | -1.53K | -2.09M | -1.74M | -1.07M | -456.36K |
| Investing Cash Flow | -8.18M | -6.63K | -7.57M | -27.11M | -6.81M | -6.00M |
| Financing Cash Flow | 30.85M | 16.90K | 5.44M | 32.01M | 7.74M | 8.64M |
Dreadnought Resources Limited Technical Analysis
Negative
0.03
Price Trends
0.02
Negative
0.02
Negative
0.02
Negative
Market Momentum
>-0.01
Positive
42.59
Neutral
-116.67
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:DRE, the sentiment is Negative. The current price of 0.03 is above the 20-day moving average (MA) of 0.01, above the 50-day MA of 0.02, and above the 200-day MA of 0.02, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 42.59 is Neutral, neither overbought nor oversold. The STOCH value of -116.67 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:DRE.
Dreadnought 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% | |
53 Neutral | AU$67.87M | -14.75 | -4.91% | ― | ― | 25.21% | |
46 Neutral | AU$89.45M | -59.38 | -5.62% | ― | ― | 35.64% | |
44 Neutral | AU$80.15M | -17.50 | -10.82% | ― | ― | 71.74% | |
44 Neutral | AU$91.18M | -53.21 | -1.99% | ― | ― | 81.34% | |
42 Neutral | AU$70.29M | -0.90 | -67.75% | ― | ― | 69.69% | |
41 Neutral | AU$76.60M | -10.63 | -9.03% | ― | -78.48% | 52.16% |
* Basic Materials Sector Average
AU:DRE
Dreadnought Resources Limited
0.01
<0.01
27.27%
AU:ARL
Ardea Resources
0.42
0.01
3.75%
AU:E25
Element 25 Limited
0.24
<0.01
2.17%
AU:HAS
Hastings Technology Metals Limited
0.31
<0.01
2.35%
AU:OCN
Oceana Lithium Ltd.
0.38
0.32
522.95%
AU:NNL
Nordic Nickel Limited
0.18
0.09
100.00%
Dreadnought Resources Limited Corporate Events
Dreadnought Launches New Drilling Push at Metzke’s Find to Grow High-Grade Gold Resource
Jul 12, 2026
Dreadnought Resources has begun a combined reverse circulation and diamond drilling campaign at the Metzke’s Find deposit within its Illaara Gold Project, targeting both shallow and deeper extensions of the existing high-grade gold resource....
Dreadnought Uncovers >7km Gold Anomaly at Illaara, Plans Infill Drilling Push
Jun 21, 2026
Dreadnought Resources has reported further assay results from a ~500-hole, ~35,000m air core drilling program at its 100% owned Illaara Gold Project in Western Australia, where it is systematically testing 24km of strike along the Illaara structur...
Dreadnought Extends High-Grade Gold at Metzke’s Find With New Metzke’s North Discovery
Jun 2, 2026
Dreadnought Resources has reported assay results from a 57-hole reverse circulation drilling program at its Metzke’s Find prospect within the Illaara Gold Project, confirming a new offset extension known as Metzke’s North over roughly ...
Dreadnought Wins Mining Lease at High‑Grade Metzke’s Find to Advance Illaara Gold Project
May 24, 2026
Dreadnought Resources has secured a mining lease over Metzke’s Find, part of its 100% owned Illaara Gold Project in Western Australia, marking a key step toward commercialising the high‑grade deposit. Metzke’s Find currently host...
Dreadnought Reports Exceptional Gold Recoveries at Metzke’s Find
May 3, 2026
Dreadnought Resources has reported exceptional metallurgical results from its Metzke’s Find deposit at the Illaara Gold Project in Western Australia, with combined gravity and carbon-in-leach recoveries averaging 98.9% across multiple grind ...
Dreadnought to Brief Investors on Exploration Progress via May Webinar
Apr 29, 2026
Dreadnought Resources has invited shareholders and InvestorHub members to a live webinar on 6 May 2026, where Managing Director Dean Tuck will present the latest news on the company’s exploration activities and outline upcoming plans. The se...
Dreadnought frees escrowed shares and updates capital structure
Apr 29, 2026
Dreadnought Resources Limited has released 30,769,231 fully paid ordinary shares from escrow, which were originally issued in April 2025 as part of the consideration for acquiring exploration tenement E09/2479 from an unrelated vendor. Following t...
Dreadnought Resources Reports Strong Cash Position Despite Ongoing Exploration Spend
Apr 26, 2026
Dreadnought Resources Limited reported a net cash outflow from operating activities of A$0.431 million for the March 2026 quarter, reflecting spending on exploration, staff and corporate costs partially offset by interest income. Over the first ni...
Dreadnought Wins Key Approval for Star of Mangaroon Open Pit Development
Apr 23, 2026
Dreadnought Resources has secured regulatory approval for its Mine Development and Closure Proposal for an open pit at the Star of Mangaroon deposit within its Mangaroon Gold Project in Western Australia. The company expects to receive a Native Ve...
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.