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Adavale Resources ASX:ADD Stock Report

Last Price

AU$0.003

Market Cap

AU$3.1m

7D

0%

1Y

-66.7%

Updated

22 Nov, 2024

Data

Company Financials

ADD Stock Overview

Engages in the exploration of mineral properties in Tanzania and Australia. More details

ADD fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

Adavale Resources Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Adavale Resources
Historical stock prices
Current Share PriceAU$0.003
52 Week HighAU$0.012
52 Week LowAU$0.002
Beta0.96
11 Month Change0%
3 Month Change20.00%
1 Year Change-66.67%
33 Year Change-93.62%
5 Year Changen/a
Change since IPO-100.00%

Recent News & Updates

Recent updates

We're Hopeful That Adavale Resources (ASX:ADD) Will Use Its Cash Wisely

May 22
We're Hopeful That Adavale Resources (ASX:ADD) Will Use Its Cash Wisely

Shareholder Returns

ADDAU Metals and MiningAU Market
7D0%0.9%0.9%
1Y-66.7%-11.3%17.7%

Return vs Industry: ADD underperformed the Australian Metals and Mining industry which returned -11.3% over the past year.

Return vs Market: ADD underperformed the Australian Market which returned 17.7% over the past year.

Price Volatility

Is ADD's price volatile compared to industry and market?
ADD volatility
ADD Average Weekly Movement39.7%
Metals and Mining Industry Average Movement11.0%
Market Average Movement8.5%
10% most volatile stocks in AU Market17.2%
10% least volatile stocks in AU Market3.3%

Stable Share Price: ADD's share price has been volatile over the past 3 months compared to the Australian market.

Volatility Over Time: ADD's weekly volatility has increased from 29% to 40% over the past year.

About the Company

FoundedEmployeesCEOWebsite
1969n/aAllan Ritchiewww.adavaleresources.com

Adavale Resources Limited engages in the exploration of mineral properties in Tanzania and Australia. It explores for uranium and nickel deposits. The company’s flagship projects include the Kabanga Jirani and Luhuma projects located in Tanzania.

Adavale Resources Limited Fundamentals Summary

How do Adavale Resources's earnings and revenue compare to its market cap?
ADD fundamental statistics
Market capAU$3.06m
Earnings (TTM)-AU$4.70m
Revenue (TTM)AU$103.64k

35.4x

P/S Ratio

-0.8x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ADD income statement (TTM)
RevenueAU$103.64k
Cost of RevenueAU$0
Gross ProfitAU$103.64k
Other ExpensesAU$4.80m
Earnings-AU$4.70m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.0038
Gross Margin100.00%
Net Profit Margin-4,535.53%
Debt/Equity Ratio0%

How did ADD perform over the long term?

See historical performance and comparison