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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% | |
53 Neutral | AU$28.90M | -19.29 | -7.48% | ― | ― | 87.39% | |
49 Neutral | AU$13.27M | -46.67 | -2.80% | ― | ― | -107.50% | |
47 Neutral | AU$23.01M | -11.25 | -17.94% | ― | ― | 55.56% | |
46 Neutral | AU$14.72M | ― | -28.26% | ― | ― | 65.00% | |
46 Neutral | AU$10.78M | -3.76 | -54.84% | ― | ― | -474.07% | |
45 Neutral | AU$5.22M | -1.96 | -21.73% | ― | ― | 91.79% |
New Age Exploration Limited Corporate Events
New Age Exploration has restarted reverse circulation drilling at its Wagyu Gold Project in the Pilbara, Western Australia, after a planned Christmas-New Year shutdown, to complete a roughly 4,000-metre program. The campaign is targeting strike and depth extensions of previously identified ‘Hemi-style’ gold mineralisation and newly defined targets, with early drilling intersecting geology consistent with earlier programs and reinforcing confidence in the scale and continuity of the system; assay results are due progressively through the March quarter of 2026, and will be closely watched as the company pursues a potentially substantial gold discovery in a tier-one gold region.
The most recent analyst rating on (AU:NAE) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on New Age Exploration Limited stock, see the AU:NAE Stock Forecast page.
New Age Exploration Limited has reported positive progress in its Reverse Circulation Drill Program at the Wagyu Gold Project in Pilbara, Western Australia. The drilling has completed 20 holes totaling 1,896 meters, targeting extensions of known ‘Hemi Style’ gold mineralization and new high-prospectivity areas. Encouraging signs of mineralization have been identified, with assay results expected in Q1 2026. This development could potentially enhance the company’s position in the gold exploration sector, particularly within the mineral-rich Mallina Basin corridor.
New Age Exploration Limited has issued 897,912,767 fully paid ordinary shares without disclosure to investors under Part 6D.2 of the Corporations Act. The company has complied with relevant provisions of the Corporations Act, and there is no excluded information required to be disclosed, indicating a transparent and compliant operation.
New Age Exploration Limited has issued an update regarding an administrative oversight in a previous announcement related to the application for quotation of securities. This update does not introduce new information but corrects the administrative details, ensuring compliance with the ASX Listing Rules and maintaining transparency with stakeholders.
New Age Exploration Limited announced that all resolutions proposed at its Annual General Meeting were successfully passed. This includes the re-election and election of directors, ratification of prior share issues, and approval of a 10% placement facility, indicating strong shareholder support and potentially facilitating future growth and strategic initiatives.
New Age Exploration Limited has commenced a 4,000-meter drilling program at its Wagyu Gold Project in Pilbara, Western Australia. This initiative aims to extend the strike and depth of known ‘Hemi Style’ gold mineralization and explore new targets. Positioned within the mineralized Mallina Basin corridor, the project is strategically located near Northern Star Resources’ significant Hemi Gold Deposit. The drilling program is expected to advance the company’s understanding of the gold system and potentially increase its gold resource, impacting its operational growth and industry standing.
New Age Exploration Limited has announced the engagement of a drilling contractor for a 4,000-meter Reverse Circulation drilling program at its Wagyu Gold Project in Western Australia. The program aims to extend the known gold mineralization and explore new zones, with all necessary regulatory approvals and heritage clearances already secured. This initiative reflects the company’s confidence in the project’s potential and aligns with its strategy to enhance its position within the gold exploration sector, potentially benefiting stakeholders through increased resource estimates.
New Age Exploration Limited has issued over 602 million fully paid ordinary shares to Placement Participants under ASX Listing Rules, without needing to disclose information to investors under the Corporations Act. This strategic move, authorized by the Board, indicates the company’s compliance with relevant legal provisions and its proactive approach to capital management, potentially impacting its financial flexibility and stakeholder interests.
New Age Exploration Limited has announced the application for the quotation of 602,087,233 fully paid ordinary securities on the Australian Securities Exchange (ASX). This move is part of previously announced transactions, indicating a strategic step to enhance the company’s market presence and potentially increase its capital base, which could have significant implications for its operational capabilities and stakeholder interests.
New Age Exploration Limited reported significant progress in its September 2025 Quarterly Activities Report, highlighting advancements in its Wagyu and Lammerlaw gold projects. At the Wagyu Project, located in the Pilbara region of Western Australia, petrographic and XRD analysis confirmed the presence of quartz diorite intrusives with strong alteration, similar to the host rocks of Northern Star’s Hemi deposit. This finding, along with geochemical analysis indicating strong gold-arsenic associations, supports the potential for significant gold mineralization, guiding future drilling efforts. In New Zealand, maiden RC drilling at the Lammerlaw Project confirmed shear-hosted gold mineralization, with results aligning with Macraes-style mineralization, prompting plans for further exploration. The company also raised $3.75 million to support these exploration activities and appointed a new Independent Non-Executive Director, Daniel Eddington.
New Age Exploration Limited has issued an addendum to their Notice of Annual General Meeting, scheduled for November 20, 2025, in Melbourne. The addendum introduces additional resolutions and provides updated information regarding voting procedures, including changes to the proxy form. Shareholders are advised to review the addendum to ensure their votes are accurately cast, especially concerning the new resolutions.
New Age Exploration Limited has announced a proposed issue of securities, including options and ordinary shares, totaling 2.25 billion securities. This issuance aims to enhance the company’s capital base, potentially impacting its market positioning and providing opportunities for growth and expansion in its exploration activities.
New Age Exploration Limited has successfully raised $3.75 million to fund exploration activities at its Wagyu and Lammerlaw gold projects. The capital raising was well-received by investors, highlighting the potential of the Wagyu project to host significant gold resources similar to the nearby Hemi gold deposit. The funds will be used for extensive drilling campaigns to expand gold mineralization at both sites, with significant news flow expected as the projects progress.
New Age Exploration Limited has requested a trading halt on its securities on the ASX pending a significant announcement regarding a material capital raising. The halt is intended to help the company manage its disclosure obligations, with the announcement expected before the resumption of normal trading on 24 October 2025.
New Age Exploration Limited has announced its 2025 Annual General Meeting, scheduled for 20 November 2025 in Melbourne. The company has opted to provide the Notice of Meeting electronically, in accordance with the Corporations Act 2001, unless shareholders have specifically requested a physical copy. Shareholders are encouraged to vote by proxy before the meeting date. This move towards digital communication reflects a broader industry trend towards sustainability and efficiency, potentially enhancing shareholder engagement and reducing costs.
New Age Exploration Limited has announced its annual general meeting, which will be held on November 20, 2025, at their Melbourne office. Due to potential attendance limitations, shareholders are encouraged to vote via proxy and submit questions in advance. The meeting will cover the company’s annual report and a resolution on the remuneration report, which is advisory and non-binding. Changes to meeting arrangements will be communicated through the ASX Market Announcements Platform.