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Nickelx Ltd
(Sydney:SMX)
Nickelx Ltd (SMX) vs. iShares MSCI Australia ETF (EWA)
Nickelx Ltd Business Overview & Revenue Model
Nickelx Ltd Financial Statement Overview
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 13.45K |
| Gross Profit | 0.00 | 0.00 | -12.38K | -37.13K | -35.33K | 3.12K |
| EBITDA | -3.23M | -3.30M | -2.10M | -2.74M | -3.01M | -2.02M |
| Net Income | -3.18M | -3.30M | -2.11M | -2.78M | -3.05M | -2.05M |
Balance Sheet | ||||||
| Total Assets | 2.98M | 2.97M | 2.83M | 5.34M | 4.72M | 7.64M |
| Cash, Cash Equivalents and Short-Term Investments | 1.47M | 2.03M | 840.93K | 3.06M | 2.85M | 5.97M |
| Total Debt | 0.00 | 0.00 | 0.00 | 12.68K | 50.42K | 28.98K |
| Total Liabilities | 360.31K | 100.96K | 317.24K | 703.57K | 317.40K | 214.91K |
| Stockholders Equity | 2.62M | 2.87M | 2.51M | 4.64M | 4.40M | 7.43M |
Cash Flow | ||||||
| Free Cash Flow | -2.87M | -2.13M | -2.19M | -1.94M | -3.10M | -4.49M |
| Operating Cash Flow | -2.87M | -2.13M | -1.89M | -1.79M | -3.10M | -3.53M |
| Investing Cash Flow | -184.06K | -64.18K | -296.70K | -150.00K | -1.50K | -956.95K |
| Financing Cash Flow | 2.55M | 3.38M | -29.77K | 2.14M | -19.24K | 7.01M |
Nickelx Ltd Technical Analysis
Nickelx Ltd Peers Comparison
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% | |
43 Neutral | AU$6.72M | -0.94 | -115.58% | ― | ― | 28.93% | |
43 Neutral | AU$7.60M | -4.57 | 227.23% | ― | -26.58% | ― | |
43 Neutral | AU$7.11M | -0.55 | -525.49% | ― | 3.91% | 46.67% | |
42 Neutral | AU$15.61M | -2.11 | -0.02% | ― | ― | -17.92% | |
37 Underperform | AU$1.43M | -0.06 | -562.56% | ― | ― | ― |
Nickelx Ltd Corporate Events
Strata Minerals Ltd has released its interim financial report for the half year ended 31 December 2025, providing shareholders with an overview of its financial performance and position. The report includes the directors’ commentary, reviewed financial statements, and the independent auditor’s review, offering a structured update on the company’s operations and capital over the period.
The publication of this interim report signals continued compliance with ASX disclosure requirements and gives investors insight into Strata Minerals’ financial health and governance. Stakeholders can assess recent developments in the company’s activities, funding, and risk profile based on the consolidated profit and loss, balance sheet, cash flow statement, and accompanying notes.
The most recent analyst rating on (AU:SMX) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Nickelx Ltd stock, see the AU:SMX Stock Forecast page.
Strata Minerals Limited will restart drilling at its Zelica Gold Project in Western Australia, having secured a rig for a second-phase reverse circulation program of about 20 holes totalling 2,500 metres. The campaign follows a maiden program that delineated near-surface high-grade gold mineralisation over roughly 1km of strike, with notable shallow intercepts and mineralisation remaining open at depth and along strike.
The Phase 2 work will focus on step-out drilling to test depth extensions of known gold zones and infill drilling designed to fast-track a JORC-compliant maiden mineral resource estimate. With the recent acquisition of the adjacent Zelica South Project extending the prospective corridor to more than 8km on a granted mining lease, the program positions Strata to assess near-term mining options and potentially scale up its footprint in a well-endowed gold district.
The most recent analyst rating on (AU:SMX) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Nickelx Ltd stock, see the AU:SMX Stock Forecast page.
Strata Minerals Limited has disclosed a change in director Jonathan Downes’ relevant interests, detailing an increase in his directly held ordinary fully paid shares. The filing outlines his mix of indirect and direct holdings, including unlisted options and shares held via a nominee company, spouse, and superannuation fund.
Downes acquired 500,000 additional ordinary shares for $10,000, lifting his direct shareholding in the company to 1,566,666 shares, with no securities disposed. The shares were issued following approval at a general meeting, signalling further alignment of the director’s financial interests with those of shareholders through a larger equity stake.
The most recent analyst rating on (AU:SMX) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Nickelx Ltd stock, see the AU:SMX Stock Forecast page.
Strata Minerals Limited has completed the second tranche of its previously announced $1.175 million capital raising, securing $70,000 through the placement of 3.5 million shares at $0.02 each to directors and related parties following shareholder approval. The company also issued lead manager options as approved at the recent meeting, and confirmed that these securities were issued without a prospectus under standard Corporations Act disclosure exemptions.
In addition, Strata issued 3,486,238 fully paid ordinary shares to Kalgoorlie Gold Mining Limited under an existing binding heads of agreement, furthering its strategic arrangements in the Western Australian gold sector. The company stated it is compliant with its continuous disclosure and financial reporting obligations and that there is no excluded information requiring disclosure, providing regulatory clarity for investors regarding the new securities on issue.
The most recent analyst rating on (AU:SMX) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Nickelx Ltd stock, see the AU:SMX Stock Forecast page.
Strata Minerals Limited has notified the market of the issue of 8,000,000 unquoted options, each exercisable at $0.03 and expiring on February 26, 2029. The options, issued on February 26, 2026, form part of a previously announced transaction, signalling ongoing capital structuring activities that may influence future ownership dilution and incentive alignment for stakeholders.
As these securities are unquoted and not intended for ASX quotation, the move focuses on internal financing or incentive mechanisms rather than immediate market trading. This issuance may support the company’s strategic initiatives in exploration and development, potentially enhancing management or investor alignment with long-term value creation objectives.
The most recent analyst rating on (AU:SMX) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Nickelx Ltd stock, see the AU:SMX Stock Forecast page.
Strata Minerals Limited has applied to the ASX for quotation of 6,986,238 ordinary fully paid shares, designated under the code SMX. The new securities, issued on 26 February 2026 and linked to a previously announced transaction, will expand the company’s quoted capital base and may enhance liquidity for existing and new shareholders.
The application, lodged as a new announcement on 27 February 2026, follows prior disclosure via an Appendix 3B and reflects ongoing corporate activity within the company. The additional quoted shares could support Strata Minerals Limited’s funding flexibility and market presence as it advances its mineral projects and broader strategic initiatives.
The most recent analyst rating on (AU:SMX) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Nickelx Ltd stock, see the AU:SMX Stock Forecast page.
Strata Minerals has completed the 100% acquisition of the Zelica South Project, adding two tenements to its holdings and consolidating an approximately 8km gold-mineralised corridor across the Zelica and Zelica South areas in Western Australia’s Yundamindra region. The enlarged land position, situated near multiple million-ounce deposits and existing mills, strengthens Strata’s regional footprint and provides scale for potential resource growth.
Historical work at Zelica South shows encouraging shallow gold results and high-grade rock chips along an underexplored 6km trend, with recent fieldwork including mapping and sampling now complete and assays due in March. Follow-up reverse circulation drilling at Zelica is scheduled to start in mid-March 2026 to test extensions of consistent, shallow, high-grade intercepts and deeper targets, marking an active exploration phase that could materially influence the project’s development path and the company’s growth prospects.
The most recent analyst rating on (AU:SMX) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Nickelx Ltd stock, see the AU:SMX Stock Forecast page.
Strata Minerals has strengthened its position in Western Australia’s Eastern Goldfields by exercising an option to acquire 100% of the Zelica Gold Project and purchasing the adjoining Zelica South tenement, expanding the Zelica footprint fivefold to encompass about 8km of prospective gold strike. The company has commenced a maiden reverse circulation drilling program at Zelica to validate and extend historical high-grade oxide gold intercepts, is planning initial work programs at underexplored Zelica South, and has confirmed encouraging geological continuity at its Penny South Gold Project. Backed by a cash balance of $1.4 million and $1.1 million in recent equity funding earmarked for exploration, Strata is using its strengthened balance sheet to accelerate drilling and project evaluation, positioning the company for potential new gold discoveries and enhancing its exploration portfolio in a highly prospective gold district.
The most recent analyst rating on (AU:SMX) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on Nickelx Ltd stock, see the AU:SMX Stock Forecast page.
Strata Minerals Limited has called a General Meeting of shareholders to be held in person in Perth on 19 February 2026, with the notice of meeting and explanatory materials made available online via the company’s website and ASX platform in line with current Corporations Act provisions. Shareholders are being urged to participate in the decision-making process, particularly those unable to attend in person, by lodging proxy forms with the company’s share registry by 17 February 2026, with the company indicating it will communicate any changes to meeting arrangements through ASX announcements and its website.
The most recent analyst rating on (AU:SMX) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Nickelx Ltd stock, see the AU:SMX Stock Forecast page.
Strata Minerals Limited has called a general meeting for 19 February 2026 in Perth, where shareholders of record as at 17 February will vote on a series of resolutions relating to share issues and corporate approvals. The agenda includes approval to issue 3,486,238 consideration shares to Kalgoorlie Gold Mining Limited as part payment for an acquisition, ratification of two prior share placements totalling over 55 million shares issued under ASX Listing Rules 7.1 and 7.1A, and approvals to issue additional placement shares to related parties, including directors Jonathan Downes, Peter Woods and Richard Monti. Collectively, the resolutions are aimed at regularising past capital raisings, facilitating completion of the acquisition and enabling further equity participation by key insiders, with implications for shareholder dilution, governance oversight and the company’s funding and growth strategy within the mining sector.
The most recent analyst rating on (AU:SMX) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Nickelx Ltd stock, see the AU:SMX Stock Forecast page.