Awale Resources Limited (TSE:ARIC)
:ARIC
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ARIC Stock Chart & Stats
C$0.64
C$0.02(3.30%)
At close: 4:00 PM EST
C$0.64
C$0.02(3.30%)
Day’s Range― - ―
52-Week RangeC$0.48 - C$1.18
Previous CloseN/A
Volume316.70K
Average Volume (3M)94.14K
Market Cap
C$84.49M
Enterprise ValueC$45.85M
Total Cash (Recent Filing)C$10.27M
Total Debt (Recent Filing)C$0.00
Price to Earnings (P/E)―
Beta1.72
Next Earnings
Aug 31, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.02
Shares Outstanding118,996,930
10 Day Avg. Volume87,544
30 Day Avg. Volume94,139
Financial Highlights & Ratios
PEG Ratio0.53
Price to Book (P/B)2.41
Price to Sales (P/S)0.00
P/FCF Ratio-22.15
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)>-0.01
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Balance Sheet StrengthA near-zero debt load combined with a materially larger equity base provides durable financial flexibility to fund exploration programs and absorb operating losses. This capital structure reduces bankruptcy risk and supports multi‑period drilling and target definition without immediate operating cash flow.
Expanding Asset BaseGrowing asset holdings indicate ongoing investment into exploration properties and related capital projects. An expanded asset base increases the chance of defining economically viable mineralization and preserves optionality for joint ventures, farm‑outs or project monetization over the medium term.
Focused West Africa Exploration StrategyA clear, concentrated focus on West African gold exploration and systematic geological programs (mapping, sampling, geophysics, drilling) gives the company operational clarity and scale in a mineral‑rich jurisdiction. This strategic specialization supports sustained prospect generation and technical expertise accumulation.
Bears Say
Persistent Operating LossesChronic negative profitability and negligible revenue mean the business cannot self-sustain; losses erode returns on the growing equity base and postpone value realization until a material discovery or commercial event. Over months this limits internal reinvestment capacity and reduces shareholder returns.
Weak Cash GenerationConsistent negative operating and free cash flow demonstrate the company cannot fund exploration from operations. This structural cash burn forces reliance on external capital, constrains the pace of field programs, and increases execution risk if funding conditions deteriorate over the medium term.
Reliance On External FundingDependence on equity or debt raises for working capital and drilling budgets exposes project timelines to market access and dilution risk. If capital markets tighten, programs may be delayed or downscaled, slowing resource definition and reducing the probability of timely value creation.
Awale Resources Limited News
ARIC FAQ
What was Awale Resources Limited’s price range in the past 12 months?
Awale Resources Limited lowest stock price was C$0.47 and its highest was C$1.18 in the past 12 months.
What is Awale Resources Limited’s market cap?
Awale Resources Limited’s market cap is C$84.49M.
When is Awale Resources Limited’s upcoming earnings report date?
Awale Resources Limited’s upcoming earnings report date is Aug 31, 2026 which is in 80 days.
How were Awale Resources Limited’s earnings last quarter?
Currently, no data Available
Is Awale Resources Limited overvalued?
According to Wall Street analysts Awale Resources Limited’s price is currently Overvalued.
Does Awale Resources Limited pay dividends?
Awale Resources Limited does not currently pay dividends.
What is Awale Resources Limited’s EPS estimate?
Awale Resources Limited’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Awale Resources Limited have?
Awale Resources Limited has 118,996,930 shares outstanding.
What happened to Awale Resources Limited’s price movement after its last earnings report?
Currently, no data Available
Which hedge fund is a major shareholder of Awale Resources Limited?
Currently, no hedge funds are holding shares in TSE:ARIC
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Awale Resources Limited Stock Smart Score
Neutral
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Insider Transactions
Bought Shares
Worth C$64.8K over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
53.08%
12-Months-Change
Fundamentals
Return on Equity
-12.12%
Trailing 12-Months
Asset Growth
44.48%
Trailing 12-Months
Company Description
Awale Resources Limited
Awalé Resources Limited specializes in the prospecting and evaluation of valuable mineral properties, with a primary concentration on uncovering gold resources. Its most significant undertaking is the Bondoukou project, which comprises three concessions spanning 1,191.5 square kilometers across northeastern Côte d'Ivoire. Established in 2015, the company initially operated as Spada Gold Limited before rebranding to Awalé Resources Limited in December 2017. Its corporate headquarters are situated in Mission, Canada.
Technical Analysis
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Options Prices
Currently, No data available
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