Octava Minerals Ltd. (OCT) AI Stock Analysis

• Market Cap: AU$6.11M
• Dividend Yield: N/A
• Average Volume (3M): 848.08K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.60
• Revenue Growth: N/A
• EPS Growth: -164.12%
• Country: AU
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Other Precious Metals
• EPS (TTM): >-0.01
• Shares Outstanding: 111,009,310
• 10 Day Avg. Volume: 1,174,527
• 30 Day Avg. Volume: 848,080
• PEG Ratio: >-0.01
• Price to Book (P/B): 0.53
• Price to Sales (P/S): 1364.60
• P/FCF Ratio: -1.07
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 44 Neutral
• Price Target: AU$0.06 ▲(37.50% Upside)

The score is held down primarily by very weak financial performance—near-zero and declining revenue, ongoing losses, and significant cash burn—despite a low-debt balance sheet. Technicals provide some support due to an active uptrend, but overbought signals add risk. Valuation remains unattractive because the company is unprofitable and offers no indicated dividend yield.

Positive Factors

Low leverage / conservative balance sheet

Zero debt across 2023–2025 materially reduces financial distress risk and preserves strategic optionality. For a capital-intensive exploration firm, low leverage lengthens runway, eases covenant constraints, and makes external funding or equity financing less urgent in the near term.

Positive equity base supports liquidity

A positive equity buffer provides a foundation to fund exploration programs and absorb losses without immediate insolvency. This capital base supports operational continuity and gives management time to pursue discovery or JV opportunities before needing dilutive financings.

No apparent cost-of-sales pressure

Gross profit tracking revenue implies variable costs are not escalating, so revenue declines haven't been worsened by rising production costs. Structurally, this indicates scalable direct costs and that margin deterioration stems from fixed overhead, which is addressable through cost discipline.

Negative Factors

Collapsing revenue base

A collapse in revenue erodes any prospect of internal funding and undermines the business model's ability to support operations. Over months, near-zero sales force dependence on external capital, heightening dilution risk and weakening credibility with partners and investors.

Persistent cash burn and negative FCF

Sustained negative operating and free cash flow depletes equity, forcing recurrent external financing or dilution. For an exploration company, this constrains funding for drilling and development, delays resource advancement, and increases execution risk over the medium term.

Shrinking equity and weak profitability

Declining equity coupled with persistent operating losses signals capital erosion and negative returns. This trend reduces financial flexibility, raises the probability of future dilutive raises, and suggests management has yet to establish a credible path to sustainable profitability.

Octava Minerals Ltd. Business Overview & Revenue Model

Company Description

Octava Minerals Limited engages in the exploration of various mineral properties in the Western Australia. The company focuses on exploring gold, lithium, nickel, and platinum group elements. It's project portfolio include the East Pilbara Talga project that comprises eight granted exploration licenses covering an area of 211 square kilometers located in the northeast of marble bar in the Pilbara region of Western Australia; and the East Kimberly Project comprises two tenements, the Panton North project and the Copernicus North project located in the Halls Creek Orogen. In addition, the company holds interest the Yallalong project consisting of one granted exploration licence covering an area of approximately 63.4 square kilometers located in northeast of Geraldton. Octava Minerals Limited was formerly known as 8 AU limited and changed its name to Octava Minerals Limited in February 2022. The company was incorporated in 2020 and is headquartered in Subiaco, Australia.

How the Company Makes Money

Octava Minerals Ltd. generates revenue primarily through the exploration and development of mineral resources. The company's key revenue streams include the sale of extracted minerals such as lithium, gold, and base metals to industrial clients and commodity markets. Additionally, Octava Minerals may engage in joint ventures or partnerships with other mining companies to co-develop projects, which can lead to shared revenues or royalties from successful mining operations. The company's earnings are influenced by factors such as mineral prices, exploration success, and operational efficiency.

Octava Minerals Ltd. Financial Statement Overview

Summary

Octava Minerals Ltd. faces significant challenges in profitability and cash flow generation. The income statement shows declining revenue and growing net losses, while cash flows remain negative with no improvement. However, the balance sheet is strong with no debt and solid equity.

Income Statement

Octava Minerals Ltd. shows a declining revenue trend with a significant drop in total revenue from 2023 to 2024. The company has negative EBIT and EBITDA margins, indicating operational inefficiencies. The net loss is growing, which poses a challenge to achieving profitability.

Balance Sheet

The company maintains a strong equity position with no debt, reflected in a debt-to-equity ratio of zero. However, the return on equity is negative due to continued net losses. The equity ratio is robust, indicating a solid financial structure.

Cash Flow

Octava Minerals Ltd. has negative free cash flow, with no signs of improvement. Operating cash flows are consistently negative, and there is no financing cash flow growth to support operations. The company relies on past financing activities to maintain liquidity.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	0.00	1.46K	200.00K	400.00K	0.00	0.00
Gross Profit	0.00	1.46K	200.00K	400.00K	0.00	0.00
EBITDA	-945.58K	-944.12K	-797.64K	-752.73K	-790.29K	-522.21K
Net Income	-2.44M	-2.44M	-797.64K	-752.73K	-1.52M	-522.21K
Balance Sheet
Total Assets	3.86M	3.86M	5.14M	5.84M	336.95K	281.27K
Cash, Cash Equivalents and Short-Term Investments	1.12M	1.12M	1.48M	3.36M	113.78K	24.38K
Total Debt	0.00	0.00	0.00	0.00	0.00	100.00K
Total Liabilities	74.37K	74.37K	64.14K	106.92K	570.90K	238.08K
Stockholders Equity	3.78M	3.78M	5.07M	5.73M	-233.95K	43.19K
Cash Flow
Free Cash Flow	-1.87M	-1.87M	-1.87M	-2.34M	-961.88K	-621.02K
Operating Cash Flow	-871.83K	-871.83K	-779.60K	-855.46K	-961.88K	-394.20K
Investing Cash Flow	-592.88K	-592.88K	-1.09M	-1.48M	0.00	-246.82K
Financing Cash Flow	1.10M	1.10M	0.00	5.58M	1.05M	665.40K

Octava Minerals Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.04
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:OCT, the sentiment is Positive. The current price of 0.04 is below the 20-day moving average (MA) of 0.04, below the 50-day MA of 0.05, and below the 200-day MA of 0.04, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 76.20 is Negative, neither overbought nor oversold. The STOCH value of 97.14 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:OCT.

Octava Minerals Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
BPM	48 Neutral	AU$23.23M	-4.83	-61.72%	―	―	8.81%
DUN	48 Neutral	AU$6.95M	-3.96	-25.70%	―	-100.00%	80.33%
GCR	45 Neutral	AU$2.19M	-9.09	-28.11%	―	―	―
OCT	44 Neutral	AU$6.11M	-1.22	-55.11%	―	―	-164.12%
AVW	43 Neutral	AU$5.25M	-2.44	-21.67%	―	―	29.31%
M3M	42 Neutral	AU$6.06M	-1.02	-135.06%	―	―	30.99%

Octava Minerals Ltd. Corporate Events

Octava Minerals Revives Drilling at Sweeney’s Prospect After 50 Years

Octava Minerals Ltd has commenced its first drilling program in nearly 50 years at the Sweeney’s prospect within the Federation project in Western Tasmania. This initiative targets high-grade polymetallic sulphide mineralization, with historical data indicating significant copper, zinc, silver, and tin deposits. The current 2000-meter diamond drill program aims to assess the tonnage and grade potential of these resources, potentially enhancing Octava’s position in the critical minerals industry. The project benefits from its strategic location near existing mining infrastructure and power stations, which may facilitate future development and extraction processes.

Octava Minerals Announces Changes in Directors’ Interests

Octava Minerals Ltd announced changes in the interests of its directors, specifically regarding the issuance of performance rights following shareholder approval. The company has reaffirmed its commitment to compliance with ASX listing rules and has implemented a Securities Trading Policy to ensure transparency and adherence to disclosure requirements.

Octava Minerals Ltd Successfully Passes All AGM Resolutions

At its Annual General Meeting, Octava Minerals Ltd announced that all resolutions were passed, including the adoption of the Remuneration Report, re-election of Director Feiyu Qi, approval of a 10% Placement Facility, re-adoption of the Employee Incentive Plan, and renewal of Proportional Takeover Provisions. This outcome supports the company’s strategic initiatives and governance, potentially strengthening its market position and stakeholder confidence.

Octava Minerals Updates on Critical Minerals Projects

Octava Minerals Limited has released an update regarding its critical minerals projects, highlighting its ongoing efforts in Western Australia and Tasmania. The announcement serves as an investor update and AGM presentation, aiming to provide stakeholders with a general understanding of the company’s proposals and objectives. While the document includes forward-looking statements, it emphasizes the importance of independent assessment and investigation by recipients, as no guarantees are made regarding future projections or plans.

Octava Minerals Confirms High-Grade Indium, Prepares for Drilling at Federation Project

Octava Minerals Ltd has confirmed high-grade indium results from re-assayed rock chips at the Sweeney’s prospect within the Federation project in Tasmania. The company is preparing to commence drilling, supported by a successful EM survey indicating strong conductance and connectivity of sulphide minerals. This development marks a significant step in Octava’s exploration efforts, with the company well-capitalized to advance drilling operations, potentially enhancing its position in the critical minerals sector.

Octava Minerals Advances with High-Grade Indium Discovery and Drilling Approval

Octava Minerals Ltd. has announced the discovery of high-grade indium, along with significant copper, zinc, silver, and tin, from rock chip sampling at the Sweeney’s Prospect within the Federation Project in Tasmania. The company has received regulatory approval to commence a 2000m diamond drilling program, expected to start mid-November, to explore the potential for significant polymetallic mineralization. This development positions Octava to potentially enhance its resource base and strengthen its market position in the critical minerals sector.

Octava Minerals Releases 2025 Annual Report Highlighting Key Projects

Octava Minerals Ltd. has released its 2025 Annual Report, highlighting the company’s ongoing projects and developments. This report is a key document for stakeholders, providing insights into the company’s strategic direction and operational performance, which could impact its positioning in the mining industry.

Octava Minerals Releases 2025 Corporate Governance Statement

Octava Minerals Limited has released its 2025 Corporate Governance Statement and Appendix 4G, highlighting its adherence to the ASX Corporate Governance Council’s principles and recommendations. The company has adopted a comprehensive corporate governance framework, opting for full board oversight rather than individual board committees, reflecting confidence in the current board’s expertise. This approach underscores Octava’s commitment to robust governance practices, potentially strengthening its market position and stakeholder trust.

Octava Minerals Expands with Strategic Acquisition and Successful Fundraising

Octava Minerals Ltd. announced a significant acquisition of Magnes 25, which holds the Federation Cu-Zn-Ag-Sn Project in Western Tasmania, marking a strategic expansion in their mineral exploration efforts. The company successfully raised $1.5 million to fund preliminary exploration and metallurgical testwork, particularly focusing on bioleaching techniques that showed promising results for rare earth and lithium extraction. These developments are expected to enhance Octava’s operational capabilities and strengthen its position in the critical minerals market.

Octava Minerals Announces 2025 Annual General Meeting

Octava Minerals Ltd. has announced that its Annual General Meeting will take place on November 26, 2025, in Perth, WA. The company has opted to distribute meeting materials electronically, aligning with recent legislative changes, and encourages shareholders to submit proxy voting instructions online. This move reflects Octava’s commitment to modernizing its communication methods and ensuring shareholder engagement.