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Locksley Resources Limited
(Sydney:LKY)
Locksley Resources Limited (LKY) vs. iShares MSCI Australia ETF (EWA)
Locksley Resources Limited Business Overview & Revenue Model
Locksley Resources Limited Financial Statement Overview
| Breakdown | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 24.24K | 32.99K | 66.54K | 42.01K | 0.00 |
| Gross Profit | 24.24K | 32.99K | 66.54K | 42.01K | -17.00K |
| EBITDA | -1.56M | -2.07M | -1.43M | -2.68M | -513.68K |
| Net Income | -1.58M | -2.13M | -1.50M | -2.75M | -532.27K |
Balance Sheet | |||||
| Total Assets | 9.11M | 8.63M | 7.18M | 7.32M | 4.55M |
| Cash, Cash Equivalents and Short-Term Investments | 2.26M | 2.30M | 2.27M | 1.91M | 4.29M |
| Total Debt | 1.80K | 1.80K | 31.50K | 80.99K | 124.97K |
| Total Liabilities | 340.64K | 174.23K | 334.97K | 734.04K | 267.52K |
| Stockholders Equity | 8.77M | 8.46M | 6.85M | 6.58M | 4.29M |
Cash Flow | |||||
| Free Cash Flow | -1.41M | -2.06M | -1.41M | -2.81M | -511.92K |
| Operating Cash Flow | -1.41M | -2.03M | -1.41M | -2.67M | -463.94K |
| Investing Cash Flow | 22.69K | -575.02K | 0.00 | -146.87K | -47.98K |
| Financing Cash Flow | 1.34M | 2.64M | 1.78M | 429.58K | 4.80M |
Locksley Resources Limited Technical Analysis
Locksley 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$10.56M | -1.55 | -25.70% | ― | -100.00% | 80.33% | |
47 Neutral | AU$8.12M | -5.81 | -41.50% | ― | ― | -6.38% | |
46 Neutral | AU$5.85M | -0.72 | -171.67% | ― | ― | 30.99% | |
43 Neutral | AU$7.24M | -0.89 | -137.60% | ― | ― | 56.90% | |
42 Neutral | AU$75.64M | -6.93 | -15.29% | ― | 57.03% | 63.37% | |
36 Underperform | AU$6.75M | -0.74 | -145.66% | ― | ― | 34.61% |
Locksley Resources Limited Corporate Events
Locksley Resources Limited has notified the ASX of the issue of 11,805,555 unquoted options, each exercisable at $0.36 and expiring on 13 March 2029. The new options, issued on 13 March 2026 as a new class of securities, signal ongoing use of equity-based instruments in the company’s capital structure and may influence future dilution and incentive alignment for existing and prospective stakeholders.
The most recent analyst rating on (AU:LKY) stock is a Hold with a A$0.20 price target. To see the full list of analyst forecasts on Locksley Resources Limited stock, see the AU:LKY Stock Forecast page.
Locksley Resources has issued 1,386,088 fully paid ordinary shares at $0.10 each following the conversion of unlisted options, expanding its quoted share capital on the ASX. The company confirmed the issue was conducted without a prospectus under the Corporations Act disclosure exemptions and stated it remains compliant with its financial reporting and continuous disclosure obligations, with no excluded information on record for investors.
The notice, authorised by the company secretary, signals a routine capital structure adjustment rather than a new fundraising initiative, as shares arose from existing options. This move marginally increases the free float and could slightly dilute existing holdings, while reaffirming Locksley Resources’ adherence to Australian corporate governance and market transparency requirements.
The most recent analyst rating on (AU:LKY) stock is a Hold with a A$0.20 price target. To see the full list of analyst forecasts on Locksley Resources Limited stock, see the AU:LKY Stock Forecast page.
Locksley Resources has produced 99.5% purity antimony trioxide at bench scale using feedstock from the Desert Antimony Mine at its Mojave Project in California. The result, confirmed by X-ray diffraction analysis, demonstrates the project’s ability to deliver high-grade refined material for critical Western defense and industrial applications.
The milestone validates a fully U.S.-based refining pathway for antimony, a mineral designated as critical and currently dominated by Chinese processing capacity. With U.S. demand estimated at 25,000–30,000 tonnes a year and limited domestic refining, the achievement underpins Locksley’s strategy to build secure American mine-to-market supply chains and to qualify high-purity products with strategic offtake and government-linked partners.
The most recent analyst rating on (AU:LKY) stock is a Hold with a A$0.20 price target. To see the full list of analyst forecasts on Locksley Resources Limited stock, see the AU:LKY Stock Forecast page.
Locksley Resources has produced 99.5% purity antimony trioxide at bench scale using feedstock from the Desert Antimony Mine at its Mojave Project in California. The result, verified by X-ray diffraction analysis, confirms the project’s ability to generate high-purity antimony products tailored to strategic Western defense and industrial supply chains.
The milestone advances Locksley’s plan to establish a fully U.S.-based mine-to-market supply chain for antimony, a critical mineral for munitions, electronics and flame-retardant systems. With U.S. demand of roughly 25,000–30,000 tonnes a year and limited domestic refining, the achievement underpins efforts to qualify high-purity product with strategic offtake partners while running in parallel with the company’s DeepSolv metallurgical technology pathway to de-risk development and accelerate commercialisation.
The most recent analyst rating on (AU:LKY) stock is a Hold with a A$0.18 price target. To see the full list of analyst forecasts on Locksley Resources Limited stock, see the AU:LKY Stock Forecast page.
Locksley Resources has reported high-grade antimony assay results from surface grab samples at the historical Desert Antimony Mine within its Mojave Project in California. The samples, taken during earthworks to prepare for a maiden diamond drilling program, returned antimony grades of up to 16.90% Sb and demonstrated consistent high-grade mineralisation.
The new surface assays confirm continuity of stibnite-bearing veins along strike and above historical underground workings, bolstering confidence in the geological model and drill targeting. With diamond drilling now underway, the results strengthen the project’s potential as a strategic critical minerals hub and advance Locksley’s mine-to-market plans for U.S. domestic antimony supply.
The most recent analyst rating on (AU:LKY) stock is a Sell with a A$0.16 price target. To see the full list of analyst forecasts on Locksley Resources Limited stock, see the AU:LKY Stock Forecast page.
Locksley Resources has commenced a fully funded diamond drilling campaign at the high-grade Desert Antimony Mine within its Mojave Project in California. The program follows extensive site preparation and detailed surface exposure mapping, which confirmed the geometry and continuity of primary stibnite veins and helped refine drill sequencing toward the highest-confidence antimony targets.
The maiden drilling aims to test depth and strike extensions of known high-grade mineralisation beneath historical workings, integrating data from historical mining, underground mapping, surface sampling and 3D modelling. Core from the program is expected to support metallurgical and processing test work in collaboration with Rice University and U.S. Department of Energy-linked initiatives, underscoring the project’s alignment with U.S. critical minerals and domestic supply-chain priorities.
The most recent analyst rating on (AU:LKY) stock is a Sell with a A$0.16 price target. To see the full list of analyst forecasts on Locksley Resources Limited stock, see the AU:LKY Stock Forecast page.
Locksley Resources, via its U.S. subsidiary Enigma Strategic Minerals, has been accepted as an Affiliate Member of the U.S. Department of Energy’s Critical Materials Innovation Hub led by Ames Laboratory. The move embeds the company within the American critical minerals innovation ecosystem and aligns its Mojave Antimony Project with U.S. priorities for secure domestic supply of antimony and rare earths.
Membership of the hub gives Locksley direct pathways into DOE-funded R&D projects, collaboration with major national laboratories and access to cutting-edge processing and separation technologies. The partnership is expected to accelerate downstream innovation at Mojave, enhance Locksley’s role as a potential vertically integrated U.S.-aligned supplier, and strengthen its strategic positioning in efforts to build resilient clean energy and critical mineral supply chains.
The most recent analyst rating on (AU:LKY) stock is a Sell with a A$0.16 price target. To see the full list of analyst forecasts on Locksley Resources Limited stock, see the AU:LKY Stock Forecast page.
Locksley Resources has identified a major new shear zone, dubbed the Beefeater Shear, at its Mojave Project in California, which may host antimony mineralisation similar to the high-grade Desert Antimony Mine nearby. The 10–15 metre wide North-South corridor, located between the DAM and Hendricks prospects, displays intense alteration and structural characteristics that suggest Mojave’s antimony potential extends across multiple parallel structures rather than a single vein system.
Detailed underground mapping at the Desert Antimony Mine has clarified the geometry of stibnite veins and revealed that many apparently “pinched out” zones are likely offset blocks rather than true terminations. This new structural understanding de-risks the upcoming drilling program, supports immediate resource expansion potential at depth, and broadens Locksley’s exploration pipeline as the company awaits assay results from recent surface and underground sampling.
The most recent analyst rating on (AU:LKY) stock is a Sell with a A$0.16 price target. To see the full list of analyst forecasts on Locksley Resources Limited stock, see the AU:LKY Stock Forecast page.
Locksley Resources has reported exceptional assay results from a batch sampling program at the Desert Antimony Mine, part of its Mojave Project in California, with grades reaching up to 26.1% antimony and a combined weighted average of 18.7% from 287kg of material. The high-grade, primary antimony mineralisation at the site underpins plans for a 2026 pilot processing facility, promising operational efficiencies including reduced mass-pull, lower energy consumption, smaller plant footprint and simplified flowsheets, which collectively strengthen the company’s pathway to premium concentrate production and enhance its strategic positioning in critical U.S. defence supply chains.
The most recent analyst rating on (AU:LKY) stock is a Hold with a A$0.17 price target. To see the full list of analyst forecasts on Locksley Resources Limited stock, see the AU:LKY Stock Forecast page.
Locksley Resources’ quarterly report for the period to 31 December 2025 details substantial progress at its Mojave Project, including the start of maiden diamond drilling at the El Campo REE Prospect and Desert Antimony Mine, completion of high-resolution geophysical and LiDAR surveys, and structural mapping that increased antimony target strike length by 400% and identified new quartz‑carbonate‑antimony veins. A bulk sample from underground workings at the Desert Antimony Mine returned robust head grades of 7.6–7.8% antimony, while the company advanced downstream processing initiatives through flotation testwork, the Rice University DeepSolv program, and a new REE processing technology partnership with Columbia University, alongside initiating an expression-of-interest process with Tier 1 U.S. engineers for scoping and pilot plant design. Strategically, Locksley strengthened its U.S. footprint by upgrading to the OTCQX Best Market, progressing a sponsored ADR program with BNY Mellon, securing a letter of interest from the U.S. Export-Import Bank for up to US$191 million, completing an oversubscribed A$17 million placement led by U.S. institutional investors, and enhancing its leadership team with a new CEO, additional board expertise, and a retired Lieutenant General to bolster engagement with U.S. federal stakeholders, underpinning its ambition to become a cornerstone supplier in America’s critical minerals supply chain.
The most recent analyst rating on (AU:LKY) stock is a Hold with a A$0.18 price target. To see the full list of analyst forecasts on Locksley Resources Limited stock, see the AU:LKY Stock Forecast page.
Locksley Resources Limited has expanded its issued capital through the conversion of 1,700,000 unlisted options into fully paid ordinary shares at $0.10 per share, the issuance of 4,000,000 shares upon meeting performance hurdles attached to existing performance rights, and a further 1,041,500 shares issued in lieu of cash payments to service providers. The company confirmed that these share issues were conducted without a disclosure document under the Corporations Act, while maintaining compliance with its financial reporting and continuous disclosure obligations, signaling routine capital management and incentive-related equity issuance without any undisclosed price-sensitive information for stakeholders.
The most recent analyst rating on (AU:LKY) stock is a Hold with a A$0.20 price target. To see the full list of analyst forecasts on Locksley Resources Limited stock, see the AU:LKY Stock Forecast page.
Locksley Resources Limited has issued 1,041,500 new fully paid ordinary shares on the ASX as non-cash consideration to providers of marketing services, reflecting a strategy of using equity to settle certain external vendor costs. The share-based payment arrangement modestly increases the company’s quoted capital base while preserving cash, indicating an effort to manage liquidity and align marketing partners’ interests with shareholders, though it also introduces a small level of dilution for existing investors.
The most recent analyst rating on (AU:LKY) stock is a Hold with a A$0.20 price target. To see the full list of analyst forecasts on Locksley Resources Limited stock, see the AU:LKY Stock Forecast page.
Locksley Resources Limited, listed on the ASX under the code LKY, has applied for quotation of an additional 5.7 million fully paid ordinary shares, further expanding its listed equity base. The new securities, issued on 23 January 2026 following the exercise or conversion of existing options or other convertible instruments, will increase the company’s free float and potentially enhance liquidity for shareholders, although the announcement provides no additional detail on use of proceeds or strategic rationale.
The most recent analyst rating on (AU:LKY) stock is a Hold with a A$0.20 price target. To see the full list of analyst forecasts on Locksley Resources Limited stock, see the AU:LKY Stock Forecast page.
Locksley Resources Limited has announced that all resolutions put to shareholders at its 22 January 2026 general meeting were passed on a poll, with strong levels of support recorded. The key items approved were the ratification of a prior issue of placement shares under ASX Listing Rules 7.1 and 7.1A, which confirms shareholder backing for the company’s earlier capital-raising activities and preserves its capacity to issue further securities under these placement limits, supporting future funding flexibility.
The most recent analyst rating on (AU:LKY) stock is a Hold with a A$0.23 price target. To see the full list of analyst forecasts on Locksley Resources Limited stock, see the AU:LKY Stock Forecast page.
Locksley Resources has issued 760,000 fully paid ordinary shares at $0.10 each following the conversion of unlisted options, along with a further 3.5 million fully paid ordinary shares upon the satisfaction of performance hurdles attached to existing performance rights. The company said the new shares, which form part of its existing quoted class on the ASX, were issued without the need for a prospectus under the Corporations Act, and confirmed it is up to date with its financial reporting and continuous disclosure obligations, with no excluded information on hand for investors.
The most recent analyst rating on (AU:LKY) stock is a Hold with a A$0.18 price target. To see the full list of analyst forecasts on Locksley Resources Limited stock, see the AU:LKY Stock Forecast page.
Locksley Resources Limited has applied to the ASX for quotation of 4,260,000 new fully paid ordinary shares under the ticker LKY, with an issue date of 9 January 2026. The additional securities, arising from the exercise or conversion of existing instruments, will expand the company’s quoted share capital and may enhance trading liquidity, representing a modest capital structure change relevant to current and prospective shareholders.
The most recent analyst rating on (AU:LKY) stock is a Hold with a A$0.18 price target. To see the full list of analyst forecasts on Locksley Resources Limited stock, see the AU:LKY Stock Forecast page.
Locksley Resources has identified a high-grade mineralised silver corridor within the North Block of its Mojave Project in the United States, delineating a northwest–southeast striking zone that now extends for roughly 3km from the Silver Prospect through the historic Hendricks Shaft area. Recent reconnaissance and rock chip sampling, including assays up to 409g/t silver and notable base metal grades of up to 4.2% copper, 1.5% lead and 1.5% zinc, confirm the presence of a polymetallic quartz vein system that significantly enlarges the project’s exploration target and supports the potential for a large-scale hydrothermal system, enhancing the project’s prospectivity and strategic importance for the company and its stakeholders.
The most recent analyst rating on (AU:LKY) stock is a Hold with a A$0.18 price target. To see the full list of analyst forecasts on Locksley Resources Limited stock, see the AU:LKY Stock Forecast page.
Locksley Resources Limited has called a General Meeting of shareholders for 22 January 2025 in Perth and is encouraging investors to lodge proxy votes online or in accordance with the instructions provided ahead of the meeting deadline. The company will largely rely on electronic distribution of the Notice of Meeting and related documents, directing shareholders to its website and ASX announcements page and noting that hard copies will only be sent to those who have previously requested them, reflecting a continued shift towards digital communication and streamlined corporate governance processes.
The most recent analyst rating on (AU:LKY) stock is a Hold with a A$0.18 price target. To see the full list of analyst forecasts on Locksley Resources Limited stock, see the AU:LKY Stock Forecast page.
Locksley Resources Limited has called a general meeting of shareholders for 22 January 2026 in Perth, where investors on the register as at 20 January 2026 will vote on ratifying prior share placements. The board is seeking shareholder approval under ASX Listing Rule 7.4 to ratify the earlier issue of a combined 70,833,334 placement shares under Listing Rules 7.1 and 7.1A, a step that will effectively refresh the company’s placement capacity and provide greater flexibility for future capital raisings, while subject to voting exclusions for those who participated in the placements and their associates.
The most recent analyst rating on (AU:LKY) stock is a Hold with a A$0.18 price target. To see the full list of analyst forecasts on Locksley Resources Limited stock, see the AU:LKY Stock Forecast page.
Locksley Resources Limited, listed on the ASX under the ticker LKY, has issued a total of 2,845,313 fully paid ordinary shares. This includes 845,313 shares at a price of $0.24 each and 2,000,000 shares following the fulfillment of a performance hurdle. These shares are part of a class of securities quoted on the ASX. The issuance was conducted without disclosure under Part 6D.2 of the Corporations Act, and the company confirms compliance with relevant provisions of the Act.
The most recent analyst rating on (AU:LKY) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Locksley Resources Limited stock, see the AU:LKY Stock Forecast page.
Locksley Resources Limited has announced the issuance of 845,313 fully paid ordinary securities, which are set to be quoted on the Australian Securities Exchange (ASX) under the code LKY. This move is part of a previously announced transaction, potentially enhancing the company’s capital structure and market presence.
The most recent analyst rating on (AU:LKY) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Locksley Resources Limited stock, see the AU:LKY Stock Forecast page.
Locksley Resources Limited has announced the quotation of 2,000,000 fully paid ordinary securities on the Australian Securities Exchange (ASX) as of December 15, 2025. This move is part of the company’s strategy to leverage financial markets for growth, potentially enhancing its liquidity and providing additional capital for its operations, which could impact its stakeholders positively by increasing the company’s market visibility and investor confidence.
The most recent analyst rating on (AU:LKY) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Locksley Resources Limited stock, see the AU:LKY Stock Forecast page.
Locksley Resources Limited has appointed Lieutenant General (Ret.) Mark C. Schwartz as a Strategic Advisor to enhance its engagement with U.S. defense and national security sectors. This move is part of Locksley’s ‘U.S. Mine to Market Strategy,’ aiming to secure federal funding and integrate its antimony supply into defense and aerospace applications. The appointment is expected to bolster Locksley’s position within U.S. national security circles, particularly in reducing dependency on Chinese critical minerals, and supports the company’s efforts to establish a modern, integrated antimony supply chain in the United States.
The most recent analyst rating on (AU:LKY) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Locksley Resources Limited stock, see the AU:LKY Stock Forecast page.