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New Age Exploration Limited
(Sydney:NAE)
New Age Exploration Limited (NAE) vs. iShares MSCI Australia ETF (EWA)
New Age Exploration Limited Business Overview & Revenue Model
New Age Exploration Limited Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 362.00 | 362.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 362.00 | 362.00 | -10.91K | -14.78K | -10.69K | -6.82K |
| EBITDA | -676.15K | -1.33M | -3.40M | -1.13M | -1.17M | -5.54M |
| Net Income | -758.24K | -1.51M | -3.45M | -1.16M | -1.18M | -5.52M |
Balance Sheet | ||||||
| Total Assets | 6.28M | 6.28M | 4.92M | 5.10M | 6.11M | 7.37M |
| Cash, Cash Equivalents and Short-Term Investments | 581.73K | 581.73K | 1.40M | 1.84M | 4.18M | 6.40M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 210.46K | 210.46K | 316.89K | 295.08K | 141.22K | 285.49K |
| Stockholders Equity | 6.07M | 6.07M | 4.61M | 4.81M | 5.97M | 7.08M |
Cash Flow | ||||||
| Free Cash Flow | -1.79M | -4.29M | -2.28M | -2.34M | -2.18M | -2.04M |
| Operating Cash Flow | -649.42K | -1.41M | -1.31M | -1.08M | -1.22M | -1.69M |
| Investing Cash Flow | -2.90M | -2.90M | -975.08K | -1.26M | -962.89K | -344.26K |
| Financing Cash Flow | 3.47M | 3.47M | 1.85M | 2.34M | -9.67K | 5.62M |
New Age Exploration 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% | |
50 Neutral | AU$12.32M | 2.25 | -2.80% | ― | ― | -107.50% | |
43 Neutral | AU$11.92M | 10.64 | -54.84% | ― | ― | -474.07% | |
37 Underperform | $9.47M | ― | -28.26% | ― | ― | 65.00% | |
37 Underperform | AU$5.04M | ― | -21.73% | ― | ― | 91.79% | |
36 Underperform | AU$19.18M | ― | -17.94% | ― | ― | 55.56% | |
33 Underperform | AU$15.70M | ― | -7.48% | ― | ― | 87.39% |
New Age Exploration Limited Corporate Events
New Age Exploration Limited, listed on the ASX under the ticker NAE, has announced that it will hold a General Meeting for its shareholders on June 4, 2025, in Melbourne. The company has opted to distribute the Notice of General Meeting electronically, in compliance with the Corporations Act 2001, and encourages shareholders to vote via proxy by June 2, 2025. This move reflects a shift towards digital communication, potentially enhancing shareholder engagement and operational efficiency.
New Age Exploration Limited has announced a general meeting for its shareholders, scheduled to take place on June 4, 2025, in Melbourne. Shareholders are encouraged to vote by proxy if unable to attend in person. The meeting will address the ratification and approval of the prior issuance of shares under a First Placement, with specific voting exclusions applied to those involved in the initial share issue.
New Age Exploration Limited reported significant progress in its March 2025 Quarterly Activities Report, highlighting advancements at its Wagyu Gold Project in Western Australia and Lammerlaw in New Zealand. The company completed a maiden RC drilling program at Wagyu, identifying 16 significant gold intercepts and discovering new gravity anomalies, which could indicate further gold-mineralised intrusions. In New Zealand, drilling commenced on high-priority gold and antimony targets, with promising early results. Financially, NAE raised $1.96 million to support exploration efforts and appointed a new Chief Geologist, positioning the company for continued growth and exploration success.
New Age Exploration Limited has successfully completed its maiden Reverse Circulation (RC) drill program at the Wagyu Gold Project in the Central Pilbara, Western Australia. The program, which tested key gravity targets and followed up on previous high-grade gold intercepts, involved drilling 33 holes totaling 3,023 meters. The completion of this program marks a significant milestone for the company, as it aims to systematically explore the mineralized trends in the area. The assay results, expected in late April to May, will guide the next phase of exploration, potentially impacting the company’s strategic positioning in the gold exploration sector.
New Age Exploration Limited has commenced drilling at its Lammerlaw Project in New Zealand, marking the first phase of a two-phase program aimed at testing nine high-priority targets for gold and antimony. This initiative is based on extensive geochemical surveys and historical mining data, with the goal of confirming mineralisation styles and advancing the project. The commencement of drilling is seen as a significant step towards unlocking value for shareholders and enhancing the company’s position in the mineral exploration industry.
New Age Exploration Limited has commenced drilling at its Lammerlaw Project in New Zealand, targeting high-priority gold and antimony anomalies. This marks Phase 1 of a two-phase program aimed at testing nine high-priority targets identified through geochemical surveys and historical mining data. The project has significant mineralization potential, with historical production of high-grade stibnite and gold. The results from this drilling will guide the next phase of exploration, potentially impacting the company’s operations and shareholder value by unlocking high-grade mineral resources.
New Age Exploration Limited has announced the application for the quotation of 90,000,000 ordinary fully paid securities on the ASX, effective March 27, 2025. This move is expected to enhance the company’s capital structure and potentially improve its market positioning by increasing liquidity and attracting new investors.
New Age Exploration Limited has announced progress in its Wagyu Gold Project, with the completion of six Reverse Circulation drill holes at Target 6 and plans to move to Target 10 for further exploration. The company has also raised $360,000 through a placement to support ongoing drilling activities and appointed Peter Thompson as Chief Geologist to lead exploration efforts. These developments are expected to enhance the company’s exploration capabilities and investor confidence, potentially impacting its market positioning positively.
New Age Exploration Limited has commenced a maiden 3,000-meter Reverse Circulation (RC) drilling program at its Wagyu Gold Project in Pilbara, Western Australia. This initiative aims to extend the strike and depth of gold mineralization following promising results from previous drilling phases. The project’s potential is underscored by the decision of Strike Drilling, the contractor, to accept half of their payment in equity, indicating confidence in the project’s prospects. The drilling will target high-priority areas within a mineralized corridor shared with De Grey Mining’s significant Hemi Gold deposit. The campaign is expected to conclude in four weeks, with assay results anticipated between late April and May 2025.
New Age Exploration Limited has announced the application for quotation of 13,000,000 ordinary fully paid securities on the Australian Securities Exchange (ASX). This move is in lieu of contractor fees and is scheduled for March 14, 2025. The announcement signifies a strategic financial maneuver to manage operational costs and potentially enhance liquidity, which may influence the company’s market presence and stakeholder interests.
New Age Exploration Limited has released its half-year consolidated financial report for the period ending December 31, 2024. This report provides insights into the company’s financial performance and operational activities over the past six months. The financial statements reveal the company’s strategic focus on managing its exploration projects and maintaining financial stability. This release is crucial for stakeholders as it outlines the company’s current financial health and future operational strategies, impacting its industry positioning and investor confidence.
New Age Exploration Limited has announced the issuance of 400 million fully paid ordinary shares at a price of $0.004 per share, in accordance with ASX Listing Rules 7.1 and 7.1A. This issuance was conducted without disclosure to investors under Part 6D.2 of the Corporations Act. The company has confirmed compliance with relevant provisions of the Corporations Act and stated there is no excluded information required to be disclosed. This move could potentially impact the company’s capital structure and market positioning, offering new opportunities for investment and growth.
New Age Exploration Limited has announced the issuance of 400,000,000 fully paid ordinary securities, which will be quoted on the ASX. This move is part of previously announced transactions and could potentially enhance the company’s market presence and liquidity, benefiting stakeholders by expanding the company’s capital base.
New Age Exploration Limited has announced the completion of additional geophysical surveys at its Wagyu Gold Project in Pilbara, WA. The recent Passive Seismic and Ground Gravity surveys have identified several new gravity anomalies, suggesting the potential for more gold-mineralised intrusions. This development enhances the geological understanding of the area and strengthens the project’s prospects within the rapidly emerging gold region of Central Pilbara. The company plans to commence 3000 meters of Reverse Circulation Drilling imminently, indicating a proactive approach to advancing the project’s potential.
New Age Exploration Limited has completed additional geophysical surveys at its Wagyu Gold Project in Pilbara, Western Australia. These surveys have identified new gravity anomalies that suggest the presence of more gold-mineralized intrusions, enhancing geological connectivity across the project area. This development marks a significant step in the company’s exploration efforts, with a 3000-meter reverse circulation drilling program set to commence soon. The project is strategically located within a rapidly emerging gold corridor, adjacent to De Grey Mining’s substantial Hemi Gold deposit, positioning NAE favorably within the industry.
New Age Exploration Limited has announced an update regarding a proposed issue of securities due to an administrative oversight. This update aims to correct previous announcements and involves a placement or other type of issue. The announcement may impact the company’s operations by potentially increasing capital through the issuance of new securities, which could influence its market positioning and stakeholder interests.
New Age Exploration Limited has announced a proposed issue of securities, including 81 million options expiring in December 2026 and 400 million fully paid ordinary shares. This move is aimed at raising capital, potentially enhancing the company’s financial position and supporting its exploration activities. The issuance is scheduled for March 14, 2025, and could have implications for the company’s market positioning and stakeholder interests.
New Age Exploration Limited has successfully raised $1.6 million through a share placement to advance its exploration efforts at the Wagyu Gold Project in Central Pilbara, WA. The funds will support a 3,000-meter Reverse Circulation drilling program set to begin in March 2025, targeting gold mineralization depth and continuity, along with additional air core drilling planned for Q2 2025. This strategic move is expected to enhance the company’s understanding of mineralization controls and potentially increase the size and grade of future gold intercepts, positioning NAE favorably in the gold exploration sector.
New Age Exploration Limited (NAE) has requested a voluntary suspension of its securities from quotation on the ASX, pending an announcement regarding a capital raise. This suspension is expected to last until 6 March 2025, when the company plans to disclose further details about the capital raise, which is anticipated to have significant implications for its financial strategy.
New Age Exploration Limited (NAE) has requested a trading halt on its securities on the ASX as it prepares to make a significant announcement related to a material capital raising. This move is intended to help the company manage its disclosure obligations and is expected to conclude before the start of normal trading on March 5, 2025. The trading halt reflects NAE’s strategic efforts to secure funding and potentially enhance its operational capabilities and market positioning.
New Age Exploration Limited has reported promising assay results from its Phase 2 air core drilling at the Wagyu Gold Project in Central Pilbara, Western Australia. The results confirm additional significant gold mineralisation across multiple intervals, highlighting the project’s potential. With these high-grade intersections, the company plans to advance to an RC drilling phase in March 2025 to further explore high-priority targets and extend known mineralised zones. The strategic proximity to De Grey Mining’s Hemi Gold deposit adds confidence to NAE’s exploration strategy, with a focus on rapidly advancing the project towards mineral resource estimation.
New Age Exploration Limited has announced the issuance of 275,000,000 unquoted securities in the form of options, set to expire in December 2026. This move suggests a strategic effort to raise capital and increase financial flexibility, potentially impacting the company’s operational capabilities and market positioning.
New Age Exploration Limited has issued 12,500,000 fully paid ordinary shares under ASX Listing Rule 7.1, without requiring disclosure under Part 6D.2 of the Corporations Act 2001. This strategic move indicates the company’s adherence to relevant regulatory frameworks and suggests an effort to enhance its financial position, potentially impacting its industry standing and providing implications for stakeholders by possibly increasing market confidence and investment potential.
New Age Exploration Limited, a company with the ASX issuer code NAE, has announced the issuance of 12,500,000 ordinary fully paid securities, which are to be quoted on the Australian Securities Exchange (ASX). This issuance is made in lieu of consulting services, reflecting the company’s ongoing efforts to manage its financial arrangements and optimize its operational strategies. By increasing the number of quoted securities, New Age Exploration Limited potentially enhances its capital structure, which may impact its market positioning and offer new opportunities for stakeholders.