Predictive Discovery Limited (AU:PDI)
ASX:PDI
Top Page
Predictive Discovery Limited
(Sydney:PDI)
Select Model
Select Model
Rating:54Neutral
Price Target:
AU$0.73
▼(-4.08% Downside)
Action:ReiteratedDate:02/10/26
The score is primarily held back by weak financial performance driven by ongoing losses and significant negative free cash flow despite a strong, low-debt balance sheet. Technicals are moderately supportive with neutral momentum and price strength versus longer-term averages, while valuation is constrained by loss-making results and no dividend support.
Positive Factors
Low leverage / strong balance sheet
Zero reported debt and negligible leverage materially reduce financial distress risk for an exploration company. This structural strength lowers funding costs, preserves optionality for multi-year drilling programs, and gives management flexibility to time capital raises or farm-outs.
Negative Factors
Large negative free cash flow
Sustained, materially negative free cash flow forces reliance on external capital and increases dilution risk. Over months to years this structural cash burn can constrain project breadth, slow follow-up drilling, and pressure management to monetize assets or reduce activity if markets tighten.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage / strong balance sheet
Zero reported debt and negligible leverage materially reduce financial distress risk for an exploration company. This structural strength lowers funding costs, preserves optionality for multi-year drilling programs, and gives management flexibility to time capital raises or farm-outs.
Read all positive factors
Predictive Discovery Limited (PDI) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$1.88B
Dividend YieldN/A
Average Volume (3M)18.53M
Price to Earnings (P/E)―
Beta (1Y)1.65
Revenue GrowthN/A
EPS Growth-29.27%
CountryAU
Employees27
SectorBasic Materials
Sector Strength58
IndustryGold
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding2,636,041,000
10 Day Avg. Volume23,736,565
30 Day Avg. Volume18,530,005
Financial Highlights & Ratios
PEG Ratio-2.48
Price to Book (P/B)4.13
Price to Sales (P/S)0.00
P/FCF Ratio-18.45
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$1.15Price Target Upside51.32% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)0.02
Revenue Forecast (FY)AU$342.15M
Predictive Discovery Limited Business Overview & Revenue Model
Company Description
Predictive Discovery Limited explores for, identifies, and develops gold reserves in West Africa and Australia. Its flagship property is the 100% owned Bankan Gold project, which covers an area of 356 square kilometers located in the north-east Gu...
How the Company Makes Money
PDI does not typically generate revenue from selling end-products in the way operating mining companies do; instead, it is generally financed through capital markets and value realization from its exploration portfolio. Primary cash inflows are co...
Predictive Discovery Limited Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
74
Positive
Cash Flow
29
Negative
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 170.77K | 0.00 | 0.00 | 15.04K |
| Gross Profit | -528.49K | -603.54K | 170.77K | -524.00K | -222.00K | -45.49K |
| EBITDA | -20.93M | -15.09M | -8.08M | -10.42M | -9.47M | -6.56M |
| Net Income | -18.03M | -13.00M | -8.68M | -11.23M | -9.69M | -6.62M |
Balance Sheet | ||||||
| Total Assets | 220.93M | 231.32M | 176.59M | 133.79M | 80.63M | 38.79M |
| Cash, Cash Equivalents and Short-Term Investments | 42.98M | 69.23M | 52.43M | 44.89M | 42.04M | 22.73M |
| Total Debt | 360.60K | 0.00 | 159.33K | 313.24K | 0.00 | 0.00 |
| Total Liabilities | 6.91M | 2.68M | 6.64M | 4.95M | 6.55M | 2.50M |
| Stockholders Equity | 214.02M | 228.64M | 169.95M | 128.84M | 74.08M | 36.29M |
Cash Flow | ||||||
| Free Cash Flow | -43.81M | -51.15M | -41.42M | -57.43M | -23.75M | -14.64M |
| Operating Cash Flow | -14.65M | -8.67M | -5.17M | -56.94M | -23.04M | -14.29M |
| Investing Cash Flow | -38.41M | -47.49M | -59.25M | -453.67K | -712.10K | -347.18K |
| Financing Cash Flow | 67.36M | 67.88M | 48.88M | 60.67M | 43.06M | 28.73M |
Predictive Discovery Limited Technical Analysis
Negative
0.76
Price Trends
0.85
Negative
0.77
Negative
0.61
Positive
Market Momentum
-0.04
Positive
38.24
Neutral
20.04
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:PDI, the sentiment is Negative. The current price of 0.76 is below the 20-day moving average (MA) of 0.83, below the 50-day MA of 0.85, and above the 200-day MA of 0.61, indicating a neutral trend. The MACD of -0.04 indicates Positive momentum. The RSI at 38.24 is Neutral, neither overbought nor oversold. The STOCH value of 20.04 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:PDI.
Predictive Discovery Limited Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Outperform | AU$2.13B | 7.63 | 97.13% | ― | 88.71% | 541.56% | |
64 Neutral | AU$2.75B | 15.30 | 17.03% | ― | 42.75% | -5.56% | |
63 Neutral | AU$1.55B | 7.86 | 27.46% | ― | 14.01% | 331.24% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
60 Neutral | AU$1.25B | 8.53 | 12.22% | ― | 55.73% | ― | |
54 Neutral | AU$1.88B | -37.45 | -8.15% | ― | ― | -29.27% | |
52 Neutral | AU$2.14B | 240.15 | -6.70% | ― | 69.51% | -153.68% |
* Basic Materials Sector Average
AU:PDI
Predictive Discovery Limited
0.72
0.33
88.16%
AU:RSG
Resolute Mining
1.29
0.83
182.42%
AU:CYL
Catalyst Metals Limited
5.95
0.05
0.85%
AU:OBM
Ora Banda Mining
1.11
0.04
4.25%
AU:PNR
Pantoro Gold Limited
3.18
0.38
13.37%
AU:BGL
Bellevue Gold Limited
1.44
0.29
25.33%
Predictive Discovery Limited Corporate Events
Predictive Discovery seeks ASX quotation for new share issuance
Mar 30, 2026
Predictive Discovery Limited has applied to the ASX for quotation of 607,894 new ordinary fully paid shares, to be issued on March 30, 2026. The additional securities, arising from the exercise or conversion of existing instruments, will modestly ...
Bank of America Exits Substantial Holding in Predictive Discovery
Mar 25, 2026
Bank of America Corporation and certain related entities have disclosed that they have ceased to be substantial shareholders in Predictive Discovery Limited as of 23 March 2026. The change follows adjustments in their relevant interests in the com...
Norges Bank Exits Substantial Holding in Predictive Discovery
Mar 25, 2026
Norges Bank has notified Predictive Discovery Ltd that it has ceased to be a substantial shareholder as of 25 March 2026. The change follows the return of collateral shares amounting to 57,496,734 common shares, significantly reducing Norges Bank&...
Citigroup Group Ceases to Be Substantial Holder in Predictive Discovery
Mar 25, 2026
Citigroup Global Markets Australia Pty Limited and its related Citi group entities have notified Predictive Discovery Limited that they have ceased to be a substantial holder as of 23 March 2026, reflecting shifts in their aggregate relevant inter...
Predictive Discovery to Join S&P/ASX 200 in March Index Rebalance
Mar 6, 2026
SP Dow Jones Indices has announced a series of changes to the SP/ASX index family as part of its March 2026 quarterly rebalance, reshaping the composition of several major Australian equity benchmarks. Notably, Predictive Discovery Limited will be...
UBS Group Exits Substantial Shareholding in Predictive Discovery
Feb 25, 2026
UBS Group AG and its related bodies corporate have notified Predictive Discovery Limited that they have ceased to be a substantial shareholder in the company as of 23 February 2026. The change, formally recorded in a substantial holder notice, sig...
Predictive Discovery Releases Half-Year 2025 Interim Financial Report
Feb 23, 2026
Predictive Discovery Limited has released its interim financial report for the half-year ended 31 December 2025, covering the consolidated financial performance and position of the company and its controlled entities. The report includes directors...
Predictive Discovery Sets Merger Plan to Form Leading Guinean Gold Producer
Feb 22, 2026
Predictive Discovery Limited has outlined plans to merge with Robex Resources in a transaction designed to create Guinea’s leading gold producer. The proposed combination would integrate Robex’s Kiniero and Nampala operations with Pred...
UBS Exits Substantial Shareholder Position in Predictive Discovery
Feb 11, 2026
UBS Group AG and its related bodies corporate have notified Predictive Discovery Limited that they ceased to be a substantial shareholder in the company as of 9 February 2026, in accordance with Australian Corporations Law disclosure requirements....
Predictive Discovery Advances Robex Merger and Bankan Gold Development
Jan 28, 2026
Predictive Discovery Limited reported that its merger of equals with Robex Resources is progressing, with Robex shareholders and the Québec Superior Court having approved the deal and completion expected in the first quarter of 2026. The comb...
Predictive Discovery Director Sandra Bates Sells 400,000 Shares in On‑Market Trade
Jan 27, 2026
Predictive Discovery Limited has disclosed a change in the shareholding of director Sandra Bates, in line with ASX corporate governance and continuous disclosure requirements. The company reported that Bates disposed of 400,000 fully paid ordinary...
Predictive Discovery Director Increases Equity Stake via Cashless Option Exercise
Jan 22, 2026
Predictive Discovery Limited has reported a change in the interests of director Simon Jackson, following the cashless exercise of vested director incentives. Through his indirect holding entity, Bigjac Investments Pty Ltd, Jackson converted 5,000,...
Predictive Discovery Lists Over 9.1 Million New Shares on ASX
Jan 16, 2026
Predictive Discovery Limited has applied to the ASX for quotation of 9,135,568 new fully paid ordinary shares, to be issued on 16 January 2026 following the exercise or conversion of existing options or other convertible securities. The additional...
Court Clears Predictive Discovery’s Acquisition of Robex Resources
Jan 13, 2026
Predictive Discovery Limited has confirmed that Robex Resources Inc. has secured a final order from the Superior Court of Québec approving a plan of arrangement under which a wholly owned subsidiary of Predictive Discovery will acquire all is...
Robex Wins Final Court Approval for Merger with Predictive Discovery
Jan 13, 2026
Robex Resources Inc. has obtained a final order from the Québec Superior Court approving its previously announced merger with Predictive Discovery Limited, under which a wholly owned subsidiary of Predictive will acquire all issued and outsta...
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.