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Perpetual Resources
(Sydney:PEC)
Perpetual Resources (PEC) vs. S&P 500 (SPY)
Perpetual Resources Business Overview & Revenue Model
Perpetual Resources Financial Statement Overview
| Breakdown | ||||
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 15.26K | 0.00 | 0.00 | 145.75K | 10.00K | Gross Profit |
| 9.40K | 0.00 | 0.00 | 145.75K | 10.00K | EBIT |
| -1.18M | -560.71K | -1.40M | -716.81K | -541.14K | EBITDA |
| -5.59M | -956.75K | 220.00 | 145.75K | -109.56K | Net Income Common Stockholders |
| -5.44M | -4.84M | -1.68M | -716.81K | -640.70K |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 909.62K | 1.30M | 1.13M | 3.42M | 1.13M | Total Assets |
| 2.72M | 5.27M | 8.59M | 9.32M | 5.25M | Total Debt |
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | Net Debt |
| -909.62K | -1.30M | -1.13M | -3.42M | -1.09M | Total Liabilities |
| 492.39K | 356.50K | 343.56K | 306.37K | 186.21K | Stockholders Equity |
| 2.23M | 4.91M | 8.25M | 9.01M | 5.06M |
| Cash Flow | Free Cash Flow | |||
| -2.01M | -1.30M | -2.28M | -1.73M | -798.15K | Operating Cash Flow |
| -758.12K | -591.33K | -892.46K | -615.00K | -409.49K | Investing Cash Flow |
| -1.25M | -707.70K | -1.39M | -931.99K | -388.66K | Financing Cash Flow |
| 1.62M | 1.47M | -9.86K | 3.88M | 1.39M |
Perpetual Resources Technical Analysis
Perpetual Resources Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
56 Neutral | $6.91B | 3.46 | -4.86% | 5.95% | 0.08% | -49.21% | |
51 Neutral | AU$32.13M | ― | -20.25% | ― | ― | 23.46% | |
46 Neutral | AU$55.79M | 15.79 | 17.81% | ― | -4.83% | ― | |
40 Underperform | $11.24M | ― | -90.27% | ― | ― | 27.72% | |
32 Underperform | AU$29.39M | ― | -18.38% | ― | ― | 10.42% |
Perpetual Resources Corporate Events
Perpetual Resources Ltd has appointed ServDrill Brazil to lead its maiden lithium drilling campaign at the Igrejinha Project in Brazil’s Lithium Valley. This strategic move aims to define high-grade lithium mineralization in an area surrounded by significant spodumene mines. The drilling program, set to begin in early June, will target known spodumene-bearing pegmatites, with further updates expected as exploration progresses. This development marks a significant milestone for Perpetual in its efforts to capitalize on the region’s rich lithium resources, potentially enhancing its market position and offering promising implications for stakeholders.
Perpetual Resources Ltd has successfully secured $500,000 through a placement to professional and sophisticated investors, reflecting strong market confidence in its upcoming maiden lithium drill program at Igrejinha in Brazil. The funds will be used to advance the drilling campaign, which is set to begin in early June 2025, following promising assay results for spodumene and caesium. This development marks a significant period of growth for Perpetual as it continues to build momentum in the lithium market.
Perpetual Resources Ltd has completed a transformational acquisition of three advanced exploration licenses in Brazil’s ‘Lithium Valley’, significantly enhancing its lithium project portfolio. The acquisition includes the Igrejinah, Renaldinho, and Matrix projects, all located near the company’s existing Isabella project. The Igrejinah project has shown promising results with high-grade lithium assays and significant spodumene mineralization, while the Renaldinho project has also returned high-grade spodumene assays. These developments position Perpetual Resources to capitalize on the growing demand for lithium, potentially increasing its market presence and offering substantial exploration upside.
Perpetual Resources Ltd has announced significant assay results from its Igrejinha Project in Brazil’s Lithium Valley, highlighting high-grade spodumene and caesium mineralization. These findings reinforce the project’s potential as a major lithium and co-product opportunity, with the company preparing to commence a maiden drilling campaign targeting high-priority lithium zones in June 2025.
Perpetual Resources Ltd has announced significant progress in its Raptor Rare Earth Project, which is strategically positioned to benefit from recent geopolitical shifts, including China’s rare earth export restrictions. The project has demonstrated high recoveries of key magnet rare earth elements, essential for electric vehicles and wind turbines, and is located in a promising geological setting in Brazil. The company plans further exploration to expand its resource base, potentially enhancing its market position and offering alternative supplies of critical minerals.
Perpetual Resources Ltd. has announced a significant change in its shareholder structure, with Flynn Fefe Huang becoming a substantial holder in the company. This development indicates a potential shift in control or influence within Perpetual Resources Ltd., as Huang now holds a 6.17% voting power through direct and associated interests, which could impact the company’s strategic direction and decision-making processes.
Perpetual Resources Ltd has issued 6,111,111 fully paid ordinary shares at a deemed issue price of $0.009 per share under its placement capacity as per ASX Listing Rule 7.1. This issuance, in lieu of a cash facilitation fee, indicates the company’s strategic financial maneuvering to optimize its resources without direct cash expenditure, potentially impacting its market positioning and stakeholder interests.
Perpetual Resources Ltd. has announced a proposed issue of securities, with a maximum of 6,111,111 ordinary fully paid shares to be issued. This move is part of a placement or other type of issue, aimed at raising capital for the company’s operations. The proposed issue date is set for April 9, 2025. This announcement could potentially strengthen the company’s financial position, enabling further exploration and development activities, and may influence its market standing and stakeholder interests.
Perpetual Resources Limited has announced the cessation of Brett Grosvenor as a director, effective April 1, 2025. The announcement details Grosvenor’s interests in the company, including 7,027,677 fully paid ordinary shares and performance rights. This change in directorship may impact the company’s governance structure and could have implications for its strategic direction.
Perpetual Resources Ltd has announced the commencement of an expanded exploration program at its Itinga Tin Project in Brazil, following recent reconnaissance sampling that revealed exceptional tin grades exceeding 20% Sn. This expansion aims to further delineate high-grade tin mineralisation and assess the potential for future resource delineation, capitalizing on favorable market conditions with rising tin prices due to global supply shortages. The program will include geological mapping, soil and rock sampling, and trenching to identify priority targets for a maiden drilling program, potentially enhancing the company’s position in the tin market.
Perpetual Resources Ltd. has released its interim financial report for the half-year ending December 31, 2024. The report provides insights into the company’s financial performance and operational updates, which are crucial for stakeholders to assess the company’s current market position and future outlook.
Perpetual Resources Ltd announced successful results from metallurgical testing at its Raptor REE project in Brazil, confirming the presence of Ionic Adsorption Clay REE mineralization with high recoveries of Magnet REEs like Neodymium, Praseodymium, Terbium, and Dysprosium. The results, verified by the Australian Nuclear Science and Technology Organisation, indicate strong recoveries and favorable comparisons to established projects, positioning Perpetual Resources for further exploration and development efforts.
Perpetual Resources Ltd has significantly expanded its lithium exploration footprint by acquiring three advanced exploration licenses in Brazil’s ‘Lithium Valley’, near Sigma Lithium’s operations. This strategic acquisition, which triples its landholding in the area, positions the company to enhance its exploration efforts, with a maiden drill program set for the first half of 2025. The proximity to other major players like Sigma Lithium and the presence of high-grade lithium assays underscore the potential impact on Perpetual’s growth and competitiveness in the lithium market.
Perpetual Resources Ltd has announced significant findings from its Itinga project in Brazil’s Jequitinhonha Valley, revealing high-grade mineralization of tin, tantalum, and niobium. These results, including niobium oxide exceeding 50% and tin over 20%, highlight the project’s potential within a tier-1 mining jurisdiction. The company plans to expand its exploration efforts to further capitalize on these findings, which are particularly relevant given the critical role of these minerals in future technologies. The announcement underscores Perpetual’s strategy to enhance its exploration portfolio and leverage high-value commodity opportunities alongside its developing lithium projects.