Odyssey Gold Limited (AU:ODY)
ASX:ODY
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Odyssey Gold Limited
(Sydney:ODY)
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Rating:48Neutral
Price Target:
AU$0.03
▼(-20.00% Downside)
Action:Reiterated
Date:05/19/26
The score is primarily weighed down by weak financial performance driven by ongoing losses and negative free cash flow, partially offset by a debt-free balance sheet. Technicals are neutral-to-mildly constructive, but valuation remains constrained by negative earnings and no dividend support.
Positive Factors
Debt-free balance sheet
A debt-free capital structure materially lowers solvency and interest-rate risk for an explorer. It preserves financial optionality to fund drilling or acquisitions without immediate fixed-charge pressure, improving long-term project funding flexibility and reducing near-term insolvency risk.
Negative Factors
Persistent negative cash flow
Consistent negative operating and free cash flow creates a structural financing requirement for an explorer: recurring capital raises, dilution risk and dependence on markets. This undermines long-term project continuity and increases execution risk if funding conditions tighten.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-free balance sheet
A debt-free capital structure materially lowers solvency and interest-rate risk for an explorer. It preserves financial optionality to fund drilling or acquisitions without immediate fixed-charge pressure, improving long-term project funding flexibility and reducing near-term insolvency risk.
Read all positive factors
Odyssey Gold Limited (ODY) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$49.45M
Dividend YieldN/A
Average Volume (3M)2.11M
Price to Earnings (P/E)―
Beta (1Y)2.44
Revenue GrowthN/A
EPS Growth-69.57%
CountryAU
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryGold
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding1,412,820,900
10 Day Avg. Volume780,250
30 Day Avg. Volume2,110,168
Financial Highlights & Ratios
PEG Ratio-0.83
Price to Book (P/B)1.25
Price to Sales (P/S)206.28
P/FCF Ratio-7.33
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
Odyssey Gold Limited Business Overview & Revenue Model
Company Description
Odyssey Gold Limited, an Australian company headquartered in Perth and founded in 2005, specializes in the exploration and development of mineral properties across Western Australia, with a primary focus on gold. The company holds an agreement to ...
How the Company Makes Money
Odyssey Gold Limited’s primary activities are mineral exploration and project advancement rather than established commercial production. Specific, company-reported revenue streams (e.g., gold sales from operating mines, toll treatment income, roya...
Odyssey Gold Limited Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
63
Positive
Cash Flow
27
Negative
| Breakdown | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 77.94K | 0.00 | 0.00 | -14.03K | 10.00K |
| Gross Profit | 77.94K | -64.84K | -67.03K | -76.04K | 9.01K |
| EBITDA | -2.26M | -2.11M | -3.85M | -9.48M | -4.43M |
| Net Income | -2.32M | -2.04M | -3.84M | -9.54M | -4.37M |
Balance Sheet | |||||
| Total Assets | 13.26M | 11.99M | 12.07M | 12.78M | 22.17M |
| Cash, Cash Equivalents and Short-Term Investments | 4.22M | 2.94M | 2.94M | 3.48M | 12.69M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 399.92K | 164.94K | 1.26M | 2.80M | 2.90M |
| Stockholders Equity | 12.86M | 11.82M | 10.81M | 9.98M | 19.27M |
Cash Flow | |||||
| Free Cash Flow | -2.19M | -3.00M | -5.00M | -9.32M | -7.46M |
| Operating Cash Flow | -2.19M | -2.00M | -4.45M | -8.58M | -3.66M |
| Investing Cash Flow | -2.11K | -1.00M | -541.99K | -585.74K | -3.95M |
| Financing Cash Flow | 3.47M | 3.01M | 4.45M | -44.30K | 6.06M |
Odyssey Gold Limited Technical Analysis
Positive
0.04
Price Trends
0.04
Negative
0.04
Negative
0.03
Positive
Market Momentum
>-0.01
Negative
49.08
Neutral
61.11
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:ODY, the sentiment is Positive. The current price of 0.04 is above the 20-day moving average (MA) of 0.03, above the 50-day MA of 0.04, and above the 200-day MA of 0.03, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 49.08 is Neutral, neither overbought nor oversold. The STOCH value of 61.11 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:ODY.
Odyssey Gold Limited Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | AU$48.64M | 9.23 | 19.12% | ― | 144.06% | 50.82% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
53 Neutral | AU$56.71M | -12.16 | -9.31% | ― | ― | -18.92% | |
48 Neutral | AU$49.45M | -9.60 | -35.89% | ― | ― | -69.57% | |
47 Neutral | AU$31.51M | 0.65 | 124.08% | ― | ― | ― | |
47 Neutral | AU$50.26M | 19.99 | 7.66% | ― | 400.00% | ― | |
42 Neutral | AU$42.33M | -11.26 | -134.41% | ― | ― | -267.80% |
* Basic Materials Sector Average
AU:ODY
Odyssey Gold Limited
0.04
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84.21%
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Odyssey Gold Limited Corporate Events
Odyssey Gold’s Tuckanarra testwork confirms over 95% gold recovery for Cable starter pit
May 7, 2026
Odyssey Gold has reported highly positive metallurgical testwork results from a composite sample representing weathered ore from a proposed shallow starter pit at the Cable deposit within its Tuckanarra Gold Project in Western Australia. The progr...
Odyssey Gold accelerates Tuckanarra project with drilling, studies and key permit move
Apr 28, 2026
Odyssey Gold has advanced field work and technical studies aimed at accelerating the Tuckanarra Gold Project towards production, including reverse circulation resource drilling at the Cable, Bollard and Maybelle deposits and a Scoping Study built ...
Odyssey Gold Advances Tuckanarra with Key Clearing Permit and Ongoing Drilling
Apr 6, 2026
Odyssey Gold has lodged an application for a Native Vegetation Clearing Permit for its Tuckanarra Gold Project in Western Australia, covering the key Cable, Bollard, Maybelle, Lucknow and Anchor deposits, as well as historical pits and prior under...
Odyssey Gold Director Increases Stake Through Share Placement
Mar 26, 2026
Odyssey Gold Limited has reported a change in the holdings of director Ian Middlemas, who has increased his stake in the company through a combination of direct and indirect interests. The director now holds 1,250,000 ordinary shares directly and ...
Odyssey Gold Issues 12.35 Million New Shares on ASX
Mar 26, 2026
Odyssey Gold Limited has issued 12,354,219 fully paid ordinary shares, adding to its existing class of securities traded on the Australian Securities Exchange. The new shares were issued without a prospectus under the relevant provisions of the Co...
Odyssey Gold Issues New Tranche of Unquoted Options and Performance Rights
Mar 26, 2026
Odyssey Gold Ltd has issued a series of unquoted equity securities, including 5.5 million options at each of three exercise prices—$0.05, $0.07 and $0.09—expiring on 30 June 2029, as well as 5.5 million performance rights. The new secu...
Odyssey Gold Seeks ASX Quotation for 12.4 Million New Shares
Mar 26, 2026
Odyssey Gold has applied to the ASX for quotation of 12,354,219 new ordinary fully paid shares, with an issue date of 26 March 2026. The additional securities, previously flagged in an earlier capital transaction notice, will expand the company...
Odyssey Gold Wins Strong Shareholder Backing for Capital Raisings and Director Incentives
Mar 25, 2026
Odyssey Gold Limited has secured strong shareholder backing at its 25 March general meeting, with all 15 resolutions passed by poll, including ratification of prior placement share issues and approvals under ASX Listing Rules. The results endorse ...
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.