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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$92.82M
Enterprise ValueC$53.04M
Total Cash (Recent Filing)C$10.27M
Total Debt (Recent Filing)C$0.00
Price to Earnings (P/E)―
Beta1.76
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
Low Debt / Strong Balance SheetZero or negligible debt and materially expanded equity (~$18M TTM) give the company durable financial flexibility. For an exploration firm this reduces bankruptcy risk, supports multi-year drilling programs, and makes it easier to structure JV or earn-in deals without immediate dilutive financing.
Expanded Asset BaseA growing asset base signals accumulated exploration assets and cash/resources to deploy. Over the medium term this increases optionality to advance targets, attract partners, or farm out projects, preserving upside from potential discoveries while retaining strategic control.
Focused West Africa Exploration StrategyConcentrating exploration in a known, prospective gold jurisdiction builds technical knowledge and operational efficiency. Structural geological prospectivity in Côte d’Ivoire means successful drill results can materially de-risk the portfolio and create scalable value for years, not just short-term.
Bears Say
Persistent LossesOngoing net losses and negligible revenue mean returns on the enlarged equity base are negative, eroding per-share economics over time. Without commercialization events or material revenue, cumulative losses increase the need for external capital, diluting existing shareholders and slowing project progress.
Negative Operating And Free Cash FlowSustained cash burn requires repeated financing or asset sales to fund exploration. This structural funding dependence heightens execution risk: difficult capital markets periods or higher funding costs can force deferred drilling, unfavorable JV terms, or dilution, limiting the firm’s ability to advance projects independently.
Exploration-stage, Non-recurring Revenue ModelThe business model relies on discrete discovery and resource development events rather than steady cash flows. That creates binary outcomes and lengthens the path to self-sustaining operations; until a material find or sale occurs the company remains capital-hungry and vulnerable to sector funding cycles.
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$92.82M.
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 59 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$75.2K 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
-11.82%
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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