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Zeus Resources Ltd.
(Sydney:ZEU)
Zeus Resources Ltd. (ZEU) vs. iShares MSCI Australia ETF (EWA)
Zeus Resources Ltd. Business Overview & Revenue Model
Zeus Resources Ltd. Financial Statement Overview
| Breakdown | TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 23.46K | 27.23K | 13.14K | 850.00 | 2.84K | 0.00 |
| Gross Profit | 23.46K | 27.23K | 9.90K | -25.93K | -39.99K | -20.44K |
| EBITDA | -635.69K | -528.47K | -885.14K | -410.15K | -198.38K | -812.72K |
| Net Income | -676.23K | -575.19K | -888.38K | -437.30K | -243.36K | -834.62K |
Balance Sheet | ||||||
| Total Assets | 3.89M | 2.75M | 3.33M | 1.94M | 2.02M | 1.55M |
| Cash, Cash Equivalents and Short-Term Investments | 2.40M | 1.36M | 2.35M | 976.13K | 1.52M | 1.14M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 23.98K | 62.06K |
| Total Liabilities | 51.15K | 141.62K | 177.37K | 120.92K | 121.93K | 146.77K |
| Stockholders Equity | 3.84M | 2.61M | 3.15M | 1.82M | 1.89M | 1.40M |
Cash Flow | ||||||
| Free Cash Flow | -763.48K | -1.02M | -849.82K | -878.78K | -319.72K | -359.28K |
| Operating Cash Flow | -585.03K | -611.54K | -276.34K | -275.68K | -191.26K | -214.40K |
| Investing Cash Flow | -178.45K | -413.27K | -573.47K | -603.10K | -128.46K | -144.88K |
| Financing Cash Flow | 1.39M | 40.00K | 2.22M | 336.02K | 699.80K | -14.60K |
Zeus Resources Ltd. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
57 Neutral | AU$258.56M | 250.00 | 1.19% | ― | ― | ― | |
52 Neutral | AU$22.85M | ― | -31.54% | ― | ― | 19.31% | |
52 Neutral | $1.70B | ― | -1.42% | ― | -97.09% | 49.32% | |
45 Neutral | $3.06B | 28.42 | -1.76% | ― | ― | -119.85% | |
44 Neutral | AU$1.40B | -6.68 | -23.02% | 6.54% | 5.33% | -26.92% | |
43 Neutral | AU$12.20M | ― | -19.95% | ― | ― | 27.78% | |
42 Neutral | AU$115.18M | ― | -5.22% | ― | ― | ― |
Zeus Resources Ltd. Corporate Events
Zeus Resources Ltd. announced the results of its 2025 General Meeting of Shareholders, where all five resolutions were passed. The resolutions involved the issuance and ratification of securities and options, indicating strategic financial maneuvers that could impact the company’s capital structure and stakeholder interests.
Zeus Resources Limited has announced an extension of the acquisition agreement for its Casablanca Antimony Project in Morocco, pushing the deadline to 24 June 2025. The extension aims to facilitate the completion of third-party approvals necessary for the transaction, with significant progress already made in due diligence, regulatory, and shareholder approvals.
Zeus Resources Ltd. has announced the proposed quotation of options with an exercise price of $0.02, set to expire on December 12, 2027. This move is authorized by the Board of Zeus and includes a report on the top twenty holders and a range of units related to these options, potentially impacting the company’s market operations and stakeholder interests.
Zeus Resources Limited has announced the application for the quotation of new securities on the Australian Securities Exchange (ASX). The company is set to quote 368,865,099 options, with the issue date being December 18, 2024. This move is part of a series of notifications made in 2024, indicating a strategic effort to expand its financial instruments available in the market.
Zeus Resources Ltd has strategically acquired the Casablanca Antimony Project in Central Morocco, which has shown promising assay results from rock chip samples, indicating significant antimony mineralization. The project extends the mineralized strike from 750m to over 4km and has several priority zones identified for further exploration. Additionally, the company has expanded its exploration acreage in South Australia and completed the sale of the Mortimer Hills Project, enhancing its strategic positioning in the mining sector.
Zeus Resources Limited has sold its 100% interest in the Mortimer Hills Project to Electrostate Pty Ltd, a subsidiary of Delta Lithium Limited, for an upfront payment of $150,000. The transaction includes a structured royalty agreement that allows Zeus to benefit from any future lithium resource discoveries at the site, thus strengthening its balance sheet while maintaining potential upside from exploration success. This strategic move enables Zeus to focus on other projects while retaining a stake in the potential success of the Mortimer Hills Project.
Delta Lithium Limited, a company focused on lithium and tantalum exploration, has strategically acquired the Mortimer Hills Lithium Project from Zeus Resources, expanding its Yinnetharra Project area by approximately 28 square kilometers. This acquisition enhances Delta’s exploration potential along the Thirty-Three Supersuite granite margin, providing opportunities for immediate exploration and resource growth, thereby advancing the project towards feasibility and strengthening its industry positioning.
Zeus Resources Limited has announced significant high-grade antimony assay results from rock chip samples at its Casablanca Antimony Project in Morocco. The results indicate an extension of the mineralized strike to over 4km, with exceptionally high antimony concentrations, highlighting the project’s potential. The company is advancing preparations for initial exploration drilling, supported by its in-country team, and is well-positioned to efficiently progress the project following discussions on regulatory and logistical considerations.
Zeus Resources Ltd has been granted a six-year exploration license for its 100% owned tenement EL7058 in South Australia, covering 218 km². This strategic addition to their Kalabity Project enhances their exploration potential for uranium, REE, gold, base metals, and lithium, positioning the company favorably in the resource-rich Olary district.
Zeus Resources Ltd. has announced a General Meeting of shareholders scheduled for May 5, 2025, to be held in South Perth, WA. The company is encouraging shareholders to participate by submitting proxy forms and questions in advance, as this will allow management to prepare effectively for the meeting. The meeting materials are available electronically, and shareholders are advised to read them thoroughly and consult with professional advisers if needed. Updates regarding the meeting will be posted on the company’s website and ASX announcements platform.
Zeus Resources Ltd. has announced a General Meeting to be held on May 5, 2025, where shareholders will vote on several key resolutions. These include the issuance of shares and performance rights to Ashgill Morocco Ltd, options to Janus Capital Partners Ltd, and the ratification of prior share and option issuances to various participants and advisors. The outcomes of these resolutions could significantly impact the company’s capital structure and stakeholder interests.
Zeus Resources Ltd. has announced a proposed issue of securities, including performance rights, ordinary fully paid shares, and options, totaling 147 million securities. This move is likely aimed at raising capital to support the company’s operations and strategic initiatives, potentially impacting its market positioning and offering opportunities for stakeholders to engage with the company’s growth plans.
Zeus Resources Ltd. has released its interim report for the half-year ending December 31, 2024. The report highlights recent changes in the company’s leadership, with the appointment of Alvin Tan, Robert Marusco, and Hugh Pilgrim as Executive Directors. These leadership changes are part of the company’s strategic efforts to strengthen its operational capabilities and enhance its market positioning. The report also includes updates on the company’s financial performance and strategic initiatives, which are crucial for stakeholders to assess the company’s future prospects.
Zeus Resources Ltd has announced its acquisition of the Casablanca Antimony Project in central Morocco, which includes six exploration licenses over 79 square kilometers. This strategic move positions Zeus to capitalize on the tightening global antimony market, driven by supply constraints and high demand in industries such as solar photovoltaics and military supply chains. The project benefits from its location in a region ranked highly for mining investment, with immediate exploration potential and existing infrastructure supporting year-round access.
Zeus Resources Ltd. has appointed Hall Chadwick Audit (WA) Pty Ltd as its new auditor, effective from 18 February 2025, following approval by the Australia Securities & Investment Commission. This change, decided after a review of the company’s audit arrangements and fee structure, aims to leverage Hall Chadwick’s expertise in the junior explorer sector, enhancing Zeus Resources’ audit processes and potentially strengthening its industry positioning.