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Anova Metals Ltd.
(Sydney:WA8)
Anova Metals Ltd. (WA8) vs. iShares MSCI Australia ETF (EWA)
Anova Metals Ltd. Business Overview & Revenue Model
Anova Metals Ltd. Financial Statement Overview
| Breakdown | TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.34M | 258.56K | 126.57K | ― | 0.00 | 0.00 |
| Gross Profit | 1.34M | 258.56K | 126.57K | ― | -7.31K | -5.25K |
| EBITDA | -9.36M | -20.37M | -9.55M | -3.64M | -3.52M | -693.41K |
| Net Income | -10.28M | -21.35M | -9.88M | -3.65M | -4.18M | 2.77M |
Balance Sheet | ||||||
| Total Assets | 80.13M | 72.96M | 85.52M | 16.62M | 19.00M | 26.17M |
| Cash, Cash Equivalents and Short-Term Investments | 10.57M | 3.87M | 6.15M | 4.65M | 7.65M | 3.40M |
| Total Debt | 400.91K | 400.91K | 449.75K | 0.00 | 0.00 | 2.83M |
| Total Liabilities | 18.04M | 19.67M | 22.49M | 577.96K | 538.58K | 6.34M |
| Stockholders Equity | 62.09M | 53.28M | 63.03M | 16.05M | 18.46M | 19.83M |
Cash Flow | ||||||
| Free Cash Flow | -9.79M | -9.55M | -7.73M | -3.79M | -4.34M | -1.89M |
| Operating Cash Flow | -9.73M | -9.43M | -7.66M | -3.79M | -4.34M | -1.87M |
| Investing Cash Flow | -484.85K | -1.74M | 940.22K | 0.00 | 8.17M | 457.04K |
| Financing Cash Flow | 17.45M | 8.95M | 8.01M | 715.00K | 161.86K | 3.73M |
Anova Metals Ltd. Technical Analysis
Anova Metals Ltd. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
77 Outperform | AU$2.94B | 8.42 | 26.42% | 3.62% | 54.37% | 310.22% | |
76 Outperform | $3.62B | 25.11 | 13.42% | 0.91% | 11.93% | 22.74% | |
51 Neutral | AU$146.58M | ― | -17.92% | ― | 104.28% | 73.12% | |
44 Neutral | C$958.76M | -6.68 | -13.31% | 2.79% | 17.55% | -32.28% |
Anova Metals Ltd. Corporate Events
Warriedar Resources Limited announced a change in the director’s interest, specifically regarding Dianmin Chen. The director acquired 160,065 ordinary shares, increasing his total holdings to 14,610,497 shares. This acquisition was made under a Share Purchase Plan, reflecting a strategic move to enhance his stake in the company.
Warriedar Resources Limited successfully closed its oversubscribed share purchase plan, raising $9.1 million, significantly surpassing its initial $2 million target. The funds, along with additional capital, will be used to accelerate exploration and resource upgrades at its Golden Range Gold Project, positioning the company as a major exploration player in the Southern Murchison region.
Warriedar Resources Limited has announced a significant development in its exploration efforts at the Ricciardo gold-antimony deposit, with the discovery of visible gold in a recent drill hole. This finding suggests the potential for high-grade, free-milling gold mineralization, which could be a game-changer for the project’s development. The company is accelerating its drilling program at Ricciardo, with plans to drill 105 holes using four rigs, supported by a strong cash position of A$21.8 million. The discovery of new high-grade mineralization zones could enhance Warriedar’s industry positioning and provide further opportunities for stakeholders.
Warriedar Resources Limited has announced a change in the interests of its director, Mark Connelly. The company reported that Connelly has acquired 1,166,667 ordinary shares following the vesting and exercise of performance rights tied to a $0.10 WVAP hurdle, while an equal number of performance rights were disposed of. This change results in Connelly holding a total of 2,499,999 ordinary shares. The adjustment in director’s holdings reflects the company’s ongoing management of equity incentives, which could impact shareholder value and director alignment with company performance goals.
Warriedar Resources Limited, listed on the ASX under the ticker WA8, has issued 5,770,470 ordinary fully paid shares as of June 10, 2025. This issuance was conducted without a disclosure document, in accordance with Section 708A(5) of the Corporations Act, indicating the company’s compliance with relevant legal provisions. This strategic move could potentially impact the company’s market positioning by increasing its share capital, which may interest stakeholders looking at the company’s growth and compliance practices.
Warriedar Resources Limited has announced the quotation of 4,459,417 ordinary fully paid securities on the Australian Securities Exchange (ASX) under the code WA8, effective June 10, 2025. This move signifies the company’s strategic financial maneuver to potentially enhance liquidity and investor interest, reflecting its ongoing efforts to strengthen its market position and operational capabilities.
Warriedar Resources Limited, listed on the ASX under the ticker WA8, has issued 170 million ordinary fully paid shares as of June 5, 2025. This issuance was conducted without disclosure under Part 6D.2 of the Corporations Act, relying on Section 708A(5). The company has confirmed compliance with relevant provisions of the Corporations Act and stated there is no excluded information as of the notice date.
Warriedar Resources Limited has announced the application for quotation of 170,000,000 ordinary fully paid securities on the Australian Securities Exchange (ASX) under the code WA8. This move is part of a previously announced transaction, which may enhance the company’s liquidity and market presence, potentially impacting its operations and positioning in the industry.
Warriedar Resources Limited has announced a Share Purchase Plan (SPP) following a successful placement of 170 million shares, raising approximately A$17 million. The SPP allows eligible shareholders to purchase shares at A$0.10 each, aiming to raise an additional A$2 million. The funds will be used to accelerate the development of the Ricciardo deposit through extensive drilling, metallurgical tests, and engineering studies, enhancing the company’s resource inventory and exploration capabilities.
Warriedar Resources Limited, operating under the ticker ASX: WA8, announced a Share Purchase Plan that allows the issuance of fully paid ordinary shares without disclosure under Part 6D.2 of the Corporations Act 2001. This strategic move is in compliance with the ASIC Corporations Instrument 2019/547 and indicates the company’s adherence to relevant legal provisions, potentially enhancing its financial flexibility and shareholder value.
Warriedar Resources Limited, listed on the ASX under the ticker WA8, has requested a trading halt on its securities in anticipation of a forthcoming announcement related to a capital raising initiative. This trading halt is expected to last until the announcement is made or until normal trading resumes on 28 May 2025. The decision to halt trading is part of Warriedar’s strategic move to manage the capital raising process effectively, which could have significant implications for the company’s financial strategy and stakeholder interests.
Warriedar Resources Limited, operating under the ASX ticker WA8, is focused on advancing its gold and antimony resources in Western Australia. The company presented at the MakCorp Antimony Webinar, discussing its strategic plans and objectives, which include anticipated production and construction commencement dates. The release highlights the inherent risks and uncertainties associated with forward-looking statements, emphasizing the speculative nature of exploration and project development. Stakeholders are advised to consider these factors when evaluating the company’s future performance.
Warriedar Resources Limited, a company listed on the ASX under the ticker WA8, is hosting an investor webinar to discuss its recent significant findings in Antimony and Gold. The webinar, led by Managing Director Amanda Buckingham, will provide insights into these results and allow for a live Q&A session with shareholders. This event highlights the company’s ongoing exploration efforts and its potential impact on market positioning and stakeholder interests.
Warriedar Resources Limited has announced a significant update to its Ricciardo Project, revealing Australia’s largest open-pit antimony resource with a maiden Mineral Resource Estimate (MRE) of 12.2 million tonnes at 0.5% antimony. This development marks a 107% increase in the total Ricciardo MRE to 1.96 million ounces of gold equivalent, positioning Warriedar as a key player in the antimony market amid rising prices and supply constraints. The company plans to commence antimony-focused drilling and continue metallurgical testwork to further capitalize on this opportunity, while also expanding its gold resources within the Golden Range Project.
Warriedar Resources Limited has announced a significant update to its mineral resource estimates for the Ricciardo deposit, unveiling Australia’s largest open-pit antimony resource. The maiden antimony Mineral Resource Estimate (MRE) for Ricciardo stands at 12.2 Mt @ 0.5% Sb, highlighting a 107% increase in total Ricciardo MRE to 1.96 Moz AuEq. This development positions Warriedar as a key player in the antimony market, especially amid rising antimony prices and global supply constraints. The company plans to commence antimony-focused drilling and continue metallurgical testwork, aiming to expand its gold resources within the Golden Range Project.
Warriedar Resources Limited has announced the cessation of 500,000 performance rights, which expired without being exercised or converted. This announcement may impact the company’s capital structure and could have implications for its stakeholders, as it reflects changes in the company’s securities management.
Warriedar Resources Limited, operating in the mining industry, reported significant progress in its exploration activities for the quarter ended March 31, 2025. The company achieved promising results from its drilling programs at the Golden Range and Fields Find Projects in Western Australia, discovering new mineralized structures and high-grade gold deposits. Additionally, metallurgical tests demonstrated excellent gold recovery rates, and antimony testing showed potential for marketable concentrate production. These developments enhance Warriedar’s operational capabilities and market positioning, with further resource estimates and testing planned for 2025.
Warriedar Resources Limited has announced a change in the interests of its director, Dianmin Chen. The company disclosed that Chen, through CHEN DM PTY LTD, acquired 500,000 options exercisable at $0.10 on or before April 11, 2028, as approved by shareholders in a recent general meeting. This change reflects the company’s ongoing adjustments in its executive’s financial interests, potentially impacting its governance and strategic decisions.
Anova Metals Ltd. has released a report detailing the top 20 investors in Warridar Resources Ltd., highlighting significant stakes held by major entities such as Citicorp Nominees Pty Limited and Jetosea Pty Ltd. This report provides insight into the ownership structure of Warridar Resources, which could influence future strategic decisions and investor relations.
Warriedar Resources Limited has announced a new application for the quotation of securities on the Australian Securities Exchange (ASX). The company is set to quote 95,500,000 options expiring on April 14, 2028, as part of previously announced transactions. This move is likely to impact the company’s market presence by potentially increasing its liquidity and providing more investment opportunities for stakeholders.
Warriedar Resources Limited has announced a proposed issue of securities, specifically options exercisable at $0.10 on or before April 9, 2028, with a maximum of 95,500,000 securities to be issued. This move is part of a placement or other type of issue, indicating a strategic decision to potentially raise capital or expand its shareholder base, which could impact the company’s financial position and market presence.
Warriedar Resources Limited has announced a prospectus for the offer of up to 95,500,000 new options to placement participants, exercisable at $0.10 within three years from the date of issue. The offer is highly speculative and does not aim to raise funds, and it is primarily available to participants in Australia, New Zealand, and Singapore, reflecting the company’s ongoing compliance with ASX disclosure obligations.
Warriedar Resources Limited has announced a change in the interest of its director, Dianmin Chen, involving the acquisition of 1,000,000 ordinary shares and 5,000,000 performance rights. This change, approved by shareholders, reflects a strategic move to align the director’s interests with the company’s performance goals, potentially impacting the company’s market positioning and stakeholder confidence.
Warridar Resources Limited has announced the cessation of 1,000,000 performance rights under the ASX security code WA8AZ. This cessation is due to the expiry of options or other convertible securities without exercise or conversion, effective March 24, 2025. The announcement may impact the company’s issued capital structure, potentially affecting its market positioning and stakeholder interests.