AX8 Stock Overview
Operates as a mineral exploration company in Australia. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 4/6 |
| Dividends | 0/6 |
Accelerate Resources Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$0.009 |
| 52 Week High | AU$0.065 |
| 52 Week Low | AU$0.007 |
| Beta | 0.75 |
| 11 Month Change | 0% |
| 3 Month Change | -10.00% |
| 1 Year Change | -84.48% |
| 33 Year Change | -75.00% |
| 5 Year Change | -73.53% |
| Change since IPO | -95.38% |
Recent News & Updates
Shareholder Returns
| AX8 | AU Metals and Mining | AU Market | |
|---|---|---|---|
| 7D | 0% | -0.6% | -0.3% |
| 1Y | -84.5% | -11.0% | 18.4% |
Return vs Industry: AX8 underperformed the Australian Metals and Mining industry which returned -9.9% over the past year.
Return vs Market: AX8 underperformed the Australian Market which returned 19.7% over the past year.
Price Volatility
| AX8 volatility | |
|---|---|
| AX8 Average Weekly Movement | 22.7% |
| Metals and Mining Industry Average Movement | 10.9% |
| Market Average Movement | 8.6% |
| 10% most volatile stocks in AU Market | 17.2% |
| 10% least volatile stocks in AU Market | 3.2% |
Stable Share Price: AX8's share price has been volatile over the past 3 months compared to the Australian market.
Volatility Over Time: AX8's weekly volatility (23%) has been stable over the past year, but is still higher than 75% of Australian stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2017 | n/a | Luke Meter | www.ax8.com.au |
Accelerate Resources Limited operates as a mineral exploration company in Australia. The company explores for manganese, gold, and lithium deposits, as well as other minerals. Its flagship properties are the Karratha lithium project that consists of an area of approximately 90 square kilometers located in West Pilbara, Western Australia; and the Woodie Woodie North manganese project that covers an area of approximately 423 square kilometers situated in East Pilbara, Western Australia.
Accelerate Resources Limited Fundamentals Summary
| AX8 fundamental statistics | |
|---|---|
| Market cap | AU$5.96m |
| Earnings (TTM) | -AU$2.63m |
| Revenue (TTM) | AU$51.31k |
116.2x
P/S Ratio-2.3x
P/E RatioIs AX8 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| AX8 income statement (TTM) | |
|---|---|
| Revenue | AU$51.31k |
| Cost of Revenue | AU$0 |
| Gross Profit | AU$51.31k |
| Other Expenses | AU$2.68m |
| Earnings | -AU$2.63m |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.004 |
| Gross Margin | 100.00% |
| Net Profit Margin | -5,122.95% |
| Debt/Equity Ratio | 0% |
How did AX8 perform over the long term?
See historical performance and comparison