Ardea Resources Limited

ASX:ARL Stock Report

Market Cap: AU$93.4m

Ardea Resources Management

Management criteria checks 3/4

Ardea Resources' CEO is Andrew Penkethman, appointed in Apr 2019, has a tenure of 7.25 years. total yearly compensation is A$923.66K, comprised of 64.4% salary and 35.6% bonuses, including company stock and options. directly owns 1.33% of the company’s shares, worth A$1.25M. The average tenure of the management team and the board of directors is 7.3 years and 3 years respectively.

Key information

Andrew Penkethman

Chief executive officer

AU$923.7k

Total compensation

CEO salary percentage64.37%
CEO tenure7.3yrs
CEO ownership1.3%
Management average tenure7.3yrs
Board average tenure3yrs

Recent management updates

Recent updates

Analysis Article Dec 03

Does Ardea Resources (ASX:ARL) Have A Healthy Balance Sheet?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
Analysis Article Jun 12

Ardea Resources (ASX:ARL) Is In A Good Position To Deliver On Growth Plans

Just because a business does not make any money, does not mean that the stock will go down. For example, biotech and...
Analysis Article Feb 22

Here's Why We're Watching Ardea Resources' (ASX:ARL) Cash Burn Situation

Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
Analysis Article Oct 30

We Think Ardea Resources (ASX:ARL) Needs To Drive Business Growth Carefully

Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
Analysis Article Jul 12

We're Keeping An Eye On Ardea Resources' (ASX:ARL) Cash Burn Rate

Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
Analysis Article Mar 28

Will Ardea Resources (ASX:ARL) Spend Its Cash Wisely?

We can readily understand why investors are attracted to unprofitable companies. For example, biotech and mining...
Analysis Article Dec 08

Here's Why We're Not Too Worried About Ardea Resources' (ASX:ARL) Cash Burn Situation

We can readily understand why investors are attracted to unprofitable companies. For example, biotech and mining...
Analysis Article Nov 22

Ardea Resources Limited's (ASX:ARL) CEO Will Probably Find It Hard To See A Huge Raise This Year

Shareholders of Ardea Resources Limited ( ASX:ARL ) will have been dismayed by the negative share price return over the...
Analysis Article Mar 06

Companies Like Ardea Resources (ASX:ARL) Are In A Position To Invest In Growth

Just because a business does not make any money, does not mean that the stock will go down. For example, biotech and...

CEO Compensation Analysis

How has Andrew Penkethman's remuneration changed compared to Ardea Resources's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2025n/an/a

-AU$2m

Sep 30 2025n/an/a

-AU$2m

Jun 30 2025AU$924kAU$595k

-AU$3m

Mar 31 2025n/an/a

-AU$5m

Dec 31 2024n/an/a

-AU$7m

Sep 30 2024n/an/a

-AU$7m

Jun 30 2024AU$2mAU$391k

-AU$6m

Mar 31 2024n/an/a

-AU$6m

Dec 31 2023n/an/a

-AU$6m

Sep 30 2023n/an/a

-AU$5m

Jun 30 2023AU$847kAU$375k

-AU$4m

Mar 31 2023n/an/a

-AU$5m

Dec 31 2022n/an/a

-AU$6m

Sep 30 2022n/an/a

-AU$6m

Jun 30 2022AU$619kAU$350k

-AU$5m

Mar 31 2022n/an/a

-AU$4m

Dec 31 2021n/an/a

-AU$2m

Sep 30 2021n/an/a

-AU$2m

Jun 30 2021AU$441kAU$297k

-AU$2m

Mar 31 2021n/an/a

-AU$3m

Dec 31 2020n/an/a

-AU$3m

Sep 30 2020n/an/a

-AU$2m

Jun 30 2020AU$381kAU$268k

-AU$2m

Compensation vs Market: Andrew's total compensation ($USD640.72K) is above average for companies of similar size in the Australian market ($USD318.96K).

Compensation vs Earnings: Andrew's compensation has been consistent with company performance over the past year.


CEO

Andrew Penkethman

7.3yrs
Tenure
AU$923,656
Compensation

Mr. Andrew Penkethman, BSc, FAusIMM, MAIG, is Independent Non-Executive Director of Powerhaus Uranium Limited from October 8, 2025. Mr. Penkethman has been Chief Executive Officer and of Managing Director...


Leadership Team

NamePositionTenureCompensationOwnership
Andrew Penkethman
CEO, MD & Director7.3yrsAU$923.66k1.33%
A$ 1.2m
Michael Rodriguez
Executive Director1.6yrsAU$291.21k0.023%
A$ 21.3k
Robert Middlemas
Company Secretary9.8yrsAU$75.04k0.37%
A$ 345.8k
Matthew Ridgway
General Manager of Geology & Explorationno datano datano data
7.3yrs
Average Tenure

Experienced Management: ARL's management team is seasoned and experienced (7.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Andrew Penkethman
CEO, MD & Directorno dataAU$923.66k1.33%
A$ 1.2m
Michael Rodriguez
Executive Director1.6yrsAU$291.21k0.023%
A$ 21.3k
Maree Arnason
Independent Non-Executive Director3yrsAU$194.59k0.030%
A$ 27.6k
Norman Longworth
Independent Non-Executive Chair6yrsAU$248.07k0.52%
A$ 483.0k
3.0yrs
Average Tenure

Experienced Board: ARL's board of directors are considered experienced (3 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/05 22:16
End of Day Share Price 2026/07/03 00:00
Earnings2025/12/31
Annual Earnings2025/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Industry and Sector Metrics

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Analyst Sources

Ardea Resources Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.