Annuncio • Apr 14
Enova Mining Limited, Annual General Meeting, May 14, 2026 Enova Mining Limited, Annual General Meeting, May 14, 2026. Location: 5b/8 station street, moorabbin vic 3189, Australia New Risk • Mar 30
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (23% average weekly change). Earnings have declined by 59% per year over the past 5 years. Shareholders have been substantially diluted in the past year (37% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (AU$9.67m market cap, or US$6.64m). Minor Risk Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). New Risk • Feb 20
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 57% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (20% average weekly change). Earnings have declined by 59% per year over the past 5 years. Shareholders have been substantially diluted in the past year (57% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (AU$13.5m market cap, or US$9.54m). Annuncio • Feb 12
Enova Mining Limited has completed a Follow-on Equity Offering in the amount of AUD 2 million. Enova Mining Limited has completed a Follow-on Equity Offering in the amount of AUD 2 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 333,333,333
Price\Range: AUD 0.006
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing New Risk • Dec 25
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 18% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (18% average weekly change). Earnings have declined by 59% per year over the past 5 years. Shareholders have been substantially diluted in the past year (60% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (AU$9.47m market cap, or US$6.35m). Annuncio • Aug 13
Enova Mining Limited has completed a Follow-on Equity Offering in the amount of AUD 0.85 million. Enova Mining Limited has completed a Follow-on Equity Offering in the amount of AUD 0.85 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 121,428,572
Price\Range: AUD 0.007
Discount Per Security: AUD 0.00042
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing Annuncio • Aug 04
Enova Mining Limited has filed a Follow-on Equity Offering in the amount of AUD 0.85 million. Enova Mining Limited has filed a Follow-on Equity Offering in the amount of AUD 0.85 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 121,428,571
Price\Range: AUD 0.007
Discount Per Security: AUD 0.00042
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing Reported Earnings • Mar 30
Full year 2024 earnings released: AU$0.007 loss per share (vs AU$0.001 loss in FY 2023) Full year 2024 results: AU$0.007 loss per share (further deteriorated from AU$0.001 loss in FY 2023). Net loss: AU$6.77m (loss widened AU$6.38m from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 71 percentage points per year, which is a significant difference in performance. Annuncio • Mar 14
Enova Mining Limited, Annual General Meeting, May 30, 2025 Enova Mining Limited, Annual General Meeting, May 30, 2025. Annuncio • Mar 07
Enova Mining Limited Announces Executive Changes Enova Mining Limited announced the appointment of Mr. Leonard Math as the Company's Company Secretary. Mr. Andrew Metcalfe will step down from his role as Company Secretary at the end of April. Mr. Math is a Chartered Accountant with more than 15 years of resources industry experience. He previously worked as an auditor at Deloitte and is experienced with public company responsibilities including ASX and ASIC compliance, control and implementation of corporate governance, statutory financial reporting and shareholder relations. Mr. Math has held multiple Director, CFO and Company Secretary roles for ASX listed companies. Annuncio • Jan 28
Enova Mining Limited has completed a Follow-on Equity Offering in the amount of AUD 1.5 million. Enova Mining Limited has completed a Follow-on Equity Offering in the amount of AUD 1.5 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 246,232,337
Price\Range: AUD 0.0035
Discount Per Security: AUD 0.00021
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 182,339,092
Price\Range: AUD 0.0035
Discount Per Security: AUD 0.00021
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing New Risk • Sep 14
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$1.0m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$1.0m free cash flow). Share price has been highly volatile over the past 3 months (26% average weekly change). Earnings have declined by 25% per year over the past 5 years. Shareholders have been substantially diluted in the past year (102% increase in shares outstanding). Revenue is less than US$1m (AU$32k revenue, or US$21k). Market cap is less than US$10m (AU$10.8m market cap, or US$7.26m). New Risk • Jun 13
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: AU$13.4m (US$8.93m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (20% average weekly change). Shareholders have been substantially diluted in the past year (145% increase in shares outstanding). Revenue is less than US$1m (AU$11k revenue, or US$7.2k). Market cap is less than US$10m (AU$13.4m market cap, or US$8.93m). Annuncio • Apr 20
Enova Mining Limited, Annual General Meeting, May 20, 2024 Enova Mining Limited, Annual General Meeting, May 20, 2024, at 10:00 E. Australia Standard Time. Location: Level 7, 333 Collins Street Melbourne Australia Agenda: To consider financial statements and reports; to consider re-election of director; to consider approval to issue; to consider approval of 7.1a mandate consideration shares to Rodrigo de Brito Mello; to consider ratification of placement shares; to consider approval to issue placement options; to consider approval to issue lead manager options. Annuncio • Apr 09
Enova Mining Limited has completed a Follow-on Equity Offering in the amount of AUD 1.5 million. Enova Mining Limited has completed a Follow-on Equity Offering in the amount of AUD 1.5 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 83,333,333
Price\Range: AUD 0.018
Discount Per Security: AUD 0.00108
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing New Risk • Apr 03
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: AU$15.1m (US$9.81m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$787k free cash flow). Share price has been highly volatile over the past 3 months (28% average weekly change). Shareholders have been substantially diluted in the past year (75% increase in shares outstanding). Revenue is less than US$1m (AU$11k revenue, or US$7.0k). Market cap is less than US$10m (AU$15.1m market cap, or US$9.81m). Board Change • Dec 18
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 2 highly experienced directors. Non-Executive Director Harun Bin Halim Rasip was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. New Risk • Oct 20
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 64% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$335k free cash flow). Shares are highly illiquid. Shareholders have been substantially diluted in the past year (64% increase in shares outstanding). Revenue is less than US$1m (AU$3.5k revenue, or US$2.2k). Market cap is less than US$10m (AU$4.49m market cap, or US$2.84m). Board Change • Mar 29
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 1 highly experienced director. Non-Executive Director Harun Bin Halim Rasip was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Mar 06
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 1 highly experienced director. Non-Executive Director Harun Bin Halim Rasip was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Nov 17
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 1 highly experienced director. Non-Executive Director Harun Bin Halim Rasip was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Jul 13
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 1 highly experienced director. Non-Executive Director Harun Bin Halim Rasip was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 1 highly experienced director. Non-Executive Director Harun Bin Halim Rasip was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Annuncio • Apr 19
Enova Mining Limited, Annual General Meeting, May 26, 2022 Enova Mining Limited, Annual General Meeting, May 26, 2022, at 11:00 E. Australia Standard Time. Location: the offices of Offices of Boardroom Limited Level 7, 411 Collins Street Melbourne Victoria Australia Agenda: To consider Adoption of the Remuneration Report; to consider Re-election of Director Stan Wassylko; to consider Approval of proposed issue of Options to Mr. Eric Vesel; to consider Approval of proposed issue of Options to Mr. Harun Halim Rasip; to consider Approval of proposed issue of Options to Mr. Stan Wassylko; to consider Approve the conversion of loans and issue of ordinary shares to Emmco Mining Sdn Bhd; to consider Approval of Additional 10% Placement Capacity; and to consider Adopt a new constitution. Reported Earnings • Mar 28
Full year 2020 earnings released: AU$0.001 loss per share (vs AU$0.008 loss in FY 2019) Full year 2020 results: Net loss: AU$277.4k (loss narrowed 84% from FY 2019). Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.