company background image
ADD logo

Adavale Resources ASX:ADD Stock Report

Last Price

AU$0.005

Market Cap

AU$5.1m

7D

0%

1Y

-61.5%

Updated

16 Mar, 2024

Data

Company Financials

ADD Stock Overview

Adavale Resources Limited engages in the exploration of mineral properties in Australia and Tanzania.

ADD fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health2/6
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$0.005
52 Week HighAU$0.038
52 Week LowAU$0.005
Beta1.98
1 Month Change-9.09%
3 Month Change-37.50%
1 Year Change-61.54%
3 Year Change-88.89%
5 Year Change-50.00%
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%-3.7%-2.2%
1Y-61.5%-3.8%10.2%

Return vs Industry: ADD underperformed the Australian Metals and Mining industry which returned -3.8% over the past year.

Return vs Market: ADD underperformed the Australian Market which returned 10.2% over the past year.

Price Volatility

Is ADD's price volatile compared to industry and market?
ADD volatility
ADD Average Weekly Movement21.4%
Metals and Mining Industry Average Movement11.9%
Market Average Movement8.9%
10% most volatile stocks in AU Market17.6%
10% least volatile stocks in AU Market3.3%

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

Volatility Over Time: ADD's weekly volatility (21%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

FoundedEmployeesCEOWebsite
1969n/aAllan Ritchiehttps://www.adavaleresources.com

Adavale Resources Limited engages in the exploration of mineral properties in Australia and Tanzania. The company holds a 100% interest in the Kabanga Jirani Nickel project covering an area of 1,315 square kilometers located in Kagera, Tanzania; and the Lake Surprise uranium project having 4 tenements covering an area of 1,078 square kilometers situated in the northern part of the Lake Frome Embayment, South Australia. It also holds interest in Luhuma project situated 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$5.06m
Earnings (TTM)-AU$5.63m
Revenue (TTM)AU$541.89k

9.3x

P/S Ratio

-0.9x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ADD income statement (TTM)
RevenueAU$541.89k
Cost of RevenueAU$0
Gross ProfitAU$541.89k
Other ExpensesAU$6.17m
Earnings-AU$5.63m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-0.0056
Gross Margin100.00%
Net Profit Margin-1,038.29%
Debt/Equity Ratio-7,872.3%

How did ADD perform over the long term?

See historical performance and comparison
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.