Octava Minerals Ltd. (AU:OCT)
ASX:OCT
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Octava Minerals Ltd.
(Sydney:OCT)
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Rating:43Neutral
Price Target:
AU$0.04
▼(-10.00% Downside)
Action:ReiteratedDate:03/10/26
The score is driven primarily by weak financial performance (minimal/declining revenue, persistent losses, and ongoing cash burn) and bearish technicals (below major moving averages with negative MACD). A debt-free balance sheet provides some stability, but valuation is constrained by negative earnings and no indicated dividend support.
Positive Factors
Low Leverage
Zero recorded debt across 2023–2025 materially lowers financial risk for an exploration company. With minimal fixed financing obligations the firm has greater flexibility to pursue exploration cycles and withstand revenue variability without near-term solvency pressure.
Negative Factors
Collapse in Revenue
Revenue has eroded to near-zero, indicating no stable commercial base and limited ability to self-fund operations. Such a collapse undermines margins, weakens negotiating leverage with partners, and increases dependence on external capital to sustain exploration and corporate overhead.
Read all positive and negative factors
Positive Factors
Negative Factors
Low Leverage
Zero recorded debt across 2023–2025 materially lowers financial risk for an exploration company. With minimal fixed financing obligations the firm has greater flexibility to pursue exploration cycles and withstand revenue variability without near-term solvency pressure.
Read all positive factors
Octava Minerals Ltd. (OCT) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$4.42M
Dividend YieldN/A
Average Volume (3M)848.08K
Price to Earnings (P/E)―
Beta (1Y)1.84
Revenue GrowthN/A
EPS Growth-164.12%
CountryAU
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryOther Precious Metals
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding119,515,720
10 Day Avg. Volume1,174,527
30 Day Avg. Volume848,080
Financial Highlights & Ratios
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 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)N/A
Revenue Forecast (FY)N/A
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 p...
How the Company Makes Money
null...
Octava Minerals Ltd. Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
62
Positive
Cash Flow
24
Negative
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | -21.08K | 1.46K | 200.00K | 400.00K | 0.00 | 0.00 |
| Gross Profit | -21.08K | 1.46K | 200.00K | 400.00K | 0.00 | 0.00 |
| EBITDA | -1.11M | -944.12K | -797.64K | -752.73K | -790.29K | -522.21K |
| Net Income | -821.19K | -2.44M | -797.64K | -752.73K | -1.52M | -522.21K |
Balance Sheet | ||||||
| Total Assets | 5.09M | 3.86M | 5.14M | 5.84M | 336.95K | 281.27K |
| Cash, Cash Equivalents and Short-Term Investments | 1.74M | 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 | 134.51K | 74.37K | 64.14K | 106.92K | 570.90K | 238.08K |
| Stockholders Equity | 4.96M | 3.78M | 5.07M | 5.73M | -233.95K | 43.19K |
Cash Flow | ||||||
| Free Cash Flow | -1.39M | -1.87M | -1.87M | -2.34M | -961.88K | -621.02K |
| Operating Cash Flow | -992.65K | -871.83K | -779.60K | -855.46K | -961.88K | -394.20K |
| Investing Cash Flow | -542.18K | -592.88K | -1.09M | -1.48M | 0.00 | -246.82K |
| Financing Cash Flow | 1.46M | 1.10M | 0.00 | 5.58M | 1.05M | 665.40K |
Octava Minerals Ltd. Technical Analysis
Negative
0.04
Price Trends
0.05
Negative
0.05
Negative
0.05
Negative
Market Momentum
>-0.01
Negative
48.07
Neutral
150.56
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:OCT, the sentiment is Negative. The current price of 0.04 is above the 20-day moving average (MA) of 0.04, below the 50-day MA of 0.05, and below the 200-day MA of 0.05, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 48.07 is Neutral, neither overbought nor oversold. The STOCH value of 150.56 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:OCT.
Octava Minerals Ltd. 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% | |
49 Neutral | AU$9.19M | -0.43 | -104.33% | ― | -100.00% | 80.33% | |
46 Neutral | AU$31.17M | -1.27 | -71.24% | ― | ― | 8.81% | |
45 Neutral | AU$2.19M | -1.82 | -30.29% | ― | ― | ― | |
44 Neutral | AU$4.72M | -1.29 | -22.16% | ― | ― | 29.31% | |
44 Neutral | AU$4.80M | -0.72 | -171.67% | ― | ― | 30.99% | |
43 Neutral | AU$4.42M | -3.17 | -18.79% | ― | ― | -164.12% |
* Basic Materials Sector Average
AU:OCT
Octava Minerals Ltd.
0.04
<0.01
12.12%
AU:GCR
Golden Cross Resources Ltd
0.01
0.00
0.00%
AU:AVW
Avira Resources Ltd
0.01
<0.01
10.00%
AU:BPM
BPM Minerals Ltd.
0.24
0.20
500.00%
AU:DUN
Dundas Minerals Limited
0.05
0.03
123.81%
AU:M3M
M3 Mining Ltd.
0.02
>-0.01
-23.33%
Octava Minerals Ltd. Corporate Events
Octava Minerals Issues New Shares and Long-Dated Performance Rights
Apr 7, 2026
Octava Minerals has notified the market of the issue of 8,506,413 new fully paid ordinary shares and 2,000,000 unquoted performance rights, both dated 2 April 2026. The move expands the company’s capital base and introduces a new class of lo...
Octava Minerals Completes Acquisition of Byro Critical Minerals Project
Apr 7, 2026
Octava Minerals has completed the acquisition of 100% of the Byro Critical Minerals Project in Western Australia following shareholder approval, issuing more than 8.5 million ordinary shares and 2 million performance rights to the vendors, all sub...
Octava Wins Strong Shareholder Support for Byro Mining Acquisition
Mar 25, 2026
Octava Minerals Ltd has confirmed that all resolutions put to shareholders at its latest general meeting were passed by poll. The key resolution, approving the acquisition of Byro Mining Pty Ltd, received 99.84% support, paving the way for Octava ...
Octava Minerals Files Half-Year Financial Report for December 2025
Mar 13, 2026
Octava Minerals Ltd has released its financial report for the half-year ended 31 December 2025, providing investors with an update on the company’s financial position and performance. The report, authorised by the company secretary on behalf...
Octava Minerals sets March general meeting as it shifts further to digital shareholder communications
Feb 23, 2026
Octava Minerals has called a general meeting of shareholders to be held in Perth on 25 March 2026, outlining that the notice of meeting and explanatory materials will be provided electronically in line with updated Australian corporate law. The co...
Octava Steps Up Critical Minerals Push with Drilling at Federation and Byro
Jan 29, 2026
Octava Minerals reported a busy December quarter, highlighted by the first diamond drilling in nearly 50 years at the high-grade, polymetallic Sweeney’s prospect within its Federation project in Tasmania, where re-sampling of outcropping min...
Octava Starts Maiden Drilling at Byro After Strong Bioleaching Results
Jan 28, 2026
Octava Minerals has begun its maiden air core drilling campaign at the Byro Critical Minerals Project in Western Australia’s Gascoyne region, launching an 1,100-metre program over a 10km by 8km area to test Permian black shales that host rar...
Octava Extends Byro Deal Terms and Shifts Vendor Consideration to Performance Rights
Jan 28, 2026
Octava Minerals has agreed with the vendors of the Byro rare earths and lithium project to amend the terms of its acquisition agreement, a move that follows successful bioleaching testwork on Byro material carried out in 2025 by independent consul...
Octava Minerals Confirms High-Grade Mineralisation at Federation Project in Tasmania
Jan 27, 2026
Octava Minerals has resumed diamond drilling at the Sweeney’s prospect within its Federation copper-zinc-silver project in western Tasmania, completing three of a planned 2,000 metres of drilling and identifying visible semi-massive sulphide...
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.