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Superior Resources Limited
(Sydney:SPQ)
Superior Resources Limited (SPQ) vs. iShares MSCI Australia ETF (EWA)
Superior Resources Limited Business Overview & Revenue Model
Superior Resources Limited Financial Statement Overview
| Breakdown | |||||
| TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ― | Gross Profit |
| -1.63K | -2.70K | -2.07K | -5.36K | -3.79K | ― | EBIT |
| -503.86K | -1.01M | -885.22K | -597.29K | -573.30K | -462.64K | EBITDA |
| -555.76K | -1.41M | -886.94K | -591.93K | -565.79K | -460.29K | Net Income Common Stockholders |
| -557.39K | -1.41M | -889.01K | -597.29K | -569.58K | -461.10K |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 461.40K | 1.02M | 3.99M | 4.13M | 1.76M | 1.02M | Total Assets |
| 16.91M | 16.29M | 15.94M | 13.15M | 7.91M | 5.55M | Total Debt |
| 0.00 | 0.00 | 146.24K | 146.24K | 0.00 | 0.00 | Net Debt |
| -398.09K | -948.09K | -3.80M | -3.95M | -1.72M | -1.00M | Total Liabilities |
| 471.43K | 475.25K | 603.75K | 661.38K | 665.86K | 577.45K | Stockholders Equity |
| 16.44M | 15.82M | 15.34M | 12.49M | 7.25M | 4.97M |
| Cash Flow | Free Cash Flow | ||||
| -499.77K | -4.85M | -3.85M | -3.45M | -2.06M | -563.50K | Operating Cash Flow |
| -498.31K | -1.29M | -953.80K | -598.00K | -490.34K | -255.61K | Investing Cash Flow |
| -625.08K | -3.57M | -2.93M | -2.86M | -1.57M | -121.20K | Financing Cash Flow |
| ― | 1.86M | 3.73M | 5.84M | 2.77M | 1.28M |
Superior Resources Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
51 Neutral | $32.96M | ― | -20.67% | ― | ― | 4.00% | |
50 Neutral | $1.98B | -1.07 | -21.34% | 3.71% | 2.03% | -30.65% | |
47 Neutral | AU$13.08M | 5.08 | 8.76% | ― | ― | ― | |
39 Underperform | AU$5.73M | ― | -51.34% | ― | ― | 95.85% | |
33 Underperform | €9.48M | ― | -6.16% | ― | ― | 28.57% | |
32 Underperform | $15.17M | ― | -53.93% | ― | ― | -1133.33% |
Superior Resources Limited Corporate Events
Superior Resources Limited is advancing its Steam Engine Gold Project with a focus on regulatory and mining study pathways to achieve early gold production within two years. The company reported assay results from 31 RC holes and identified new zones of gold mineralization, while also progressing a feasibility study. Additionally, the company received a $300,000 grant for drilling at the Bottletree Copper Prospect and is nearing completion of a JORC Mineral Resource Estimate for the Cockie Creek Porphyry Cu-Au-Mo Prospect. These developments indicate significant progress in the company’s exploration activities, potentially enhancing its market position and offering promising opportunities for stakeholders.
Superior Resources Limited has announced the issuance of 100,543,481 unquoted equity securities under the code SPQOPT16. This move is part of a previously announced transaction and is not intended to be quoted on the ASX, potentially impacting the company’s capital structure and stakeholder interests.
Superior Resources Limited announced the issuance of over 201 million new shares to sophisticated investors as part of a capital raise, alongside the exercise of options for additional shares. This strategic move aims to strengthen the company’s financial position, potentially enhancing its operational capabilities and market presence in the mining sector.
Superior Resources Limited has announced the quotation of 31,969 fully paid ordinary securities on the Australian Securities Exchange (ASX) under the code SPQ. This move is part of the company’s strategy to enhance its capital structure and potentially improve its market positioning, which could have implications for its stakeholders and future operations.
Superior Resources Limited has announced the quotation of 201,086,958 fully paid ordinary securities on the Australian Securities Exchange (ASX). This move is part of a previously announced transaction, potentially enhancing the company’s market presence and providing additional capital for its operations.
Superior Resources Limited announced an update to its previous capital raise, revealing additional funds have been secured as part of the initiative disclosed on April 2, 2025. This development is expected to bolster the company’s financial position, potentially enhancing its operational capabilities and market competitiveness in the mining sector.
Superior Resources Limited has successfully raised a total of $950,000 through a share placement, attracting additional interest from sophisticated investors. The funds will be used to progress the Steam Engine Feasibility Study, establish a Maiden Ore Reserve, and conduct exploration drilling, among other operational enhancements. This capital injection is expected to bolster the company’s development efforts and strengthen its position in the mining sector.
Superior Resources Limited has announced promising results from its 2024 drilling program at the Steam Engine Gold Project, revealing a high-grade gold lode at the Windmill East prospect. The assays indicate strong mineralization, with significant extensions of the Steam Engine and Eastern Ridge lodes. The company is updating its Mineral Resource and revising its financial model to reflect a higher gold price, anticipating substantial project growth and improved metrics. These developments are expected to enhance the company’s operational readiness and project potential, with further exploration and feasibility studies underway.
Superior Resources Limited has announced a significant upgrade in its Steam Engine Resource, increasing the measured and indicated categories by 80.6% to 196,000 oz of gold. This development, alongside robust economic scenarios for toll treatment and stand-alone plant options, reinforces the company’s strategic positioning in the mining sector and its potential impact on stakeholders.
Superior Resources Limited announced a proposed issue of securities, including 84,239,130 options and 173,913,043 ordinary fully paid shares, with a proposed issue date of April 10, 2025. This strategic move is likely aimed at raising capital to support the company’s ongoing projects and could potentially enhance its market position by providing additional financial resources for exploration and development activities.
Superior Resources Limited has successfully raised $800,000 through a share placement, receiving strong backing from high-net-worth and new institutional investors. The funds will be utilized for advancing the Steam Engine Feasibility Study, establishing a maiden ore reserve, and conducting exploration drilling, which positions the company for growth in its 2025 exploration initiatives.
Superior Resources Limited has announced new assay results from its 2024 drilling program at the Steam Engine Gold Project, which are expected to enhance the project’s feasibility study. The assays confirm strong near-surface gold mineralization, suggesting potential for significant resource growth and improved project economics, especially with the current high gold prices. The company is revising its financial models and expects the updated resource estimates to positively impact the project’s financial outcomes.
Superior Resources Limited reported an operating loss of $450,032 for the half-year ending December 31, 2024, reflecting its primary activity in mineral exploration. Despite the losses, the company maintained its focus on copper-gold exploration in northern Queensland, with no significant changes in operations or activities during the period.
Superior Resources Limited has announced high-grade copper, gold, and silver targets at the Halls Reward Mine in Greenvale, identified through historical data and field reconnaissance. The findings include previously unmined extensions with significant copper grades, revealing potential for further exploration and development. The company’s plans to conduct an EM geophysical survey to identify conductors before drilling highlight its strategic approach to uncovering valuable mineral resources.
Superior Resources Limited has announced significant findings from the historical data review and recent reconnaissance of the Halls Reward Cu-Au-Ag Mine, part of their Greenvale Project. The data reveals high-grade copper, gold, and silver targets, highlighting unmined extension potential and additional prospectivity in the surrounding area. The company plans to conduct an EM geophysical survey and a large maiden drilling program, aiming to leverage the low cost and high impact of these exploration activities. This project underscores the rich geological variety and extensive metal endowment of the region, positioning Superior Resources to further capitalize on their exploration efforts.