ADG Stock Overview

Engages in the exploration of mineral properties primarily in Western Australia and Brazil. More details

ADG fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	0/6
Financial Health	3/6
Dividends	0/6

Risk Analysis

Earnings have declined by 17.4% per year over past 5 years

Shareholders have been substantially diluted in the past year

Does not have a meaningful market cap (A$6M)

Makes less than USD$1m in revenue (A$29K)

+ 2 more risks

My Notes

Capture your thoughts, links and company narrative

Adelong Gold Limited Competitors

Cassius Mining

ASX:CMD

AU$6.5m

Inca Minerals

ASX:ICG

AU$7.2m

Empire Resources

ASX:ERL

AU$4.5m

Metal Bank

ASX:MBK

AU$8.5m

Price History & Performance

Summary of share price highs, lows and changes for Adelong Gold
Historical stock prices
Current Share Price	AU$0.005
52 Week High	AU$0.009
52 Week Low	AU$0.003
Beta	1.53
1 Month Change	0%
3 Month Change	25.00%
1 Year Change	0%
3 Year Change	-85.71%
5 Year Change	-66.67%
Change since IPO	-99.76%

Recent updates

How Much Is 3D Resources Limited (ASX:DDD) CEO Getting Paid?

Jan 14

Shareholder Returns

	ADG	AU Metals and Mining	AU Market
7D	0%	0.3%	2.1%
1Y	0%	-15.7%	10.3%

Return vs Industry: ADG exceeded the Australian Metals and Mining industry which returned -15.7% over the past year.

Return vs Market: ADG underperformed the Australian Market which returned 10.3% over the past year.

Price Volatility

Is ADG's price volatile compared to industry and market?
ADG volatility
ADG Average Weekly Movement	21.2%
Metals and Mining Industry Average Movement	10.5%
Market Average Movement	7.9%
10% most volatile stocks in AU Market	16.3%
10% least volatile stocks in AU Market	3.0%

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

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

About the Company

Founded	Employees	CEO	Website
2006	n/a	Ian Holland	adelonggold.com

Adelong Gold Limited engages in the exploration of mineral properties primarily in Western Australia and Brazil. The company explores for gold and lithium. It holds interests in the Adelong Gold Project located in southern New South Whales; Santa Rita do Aracui Project situated in the state of Minas Gerais, Brazil; and the Paraiba Project located in the state of Paraiba, Brazil.

Adelong Gold Limited Fundamentals Summary

How do Adelong Gold's earnings and revenue compare to its market cap?
ADG fundamental statistics
Market cap	AU$5.59m
Earnings (TTM)	-AU$2.26m
Revenue (TTM)	AU$29.03k

192.6x

P/S Ratio

-2.5x

P/E Ratio

Is ADG overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ADG income statement (TTM)
Revenue	AU$29.03k
Cost of Revenue	AU$0
Gross Profit	AU$29.03k
Other Expenses	AU$2.29m
Earnings	-AU$2.26m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.002
Gross Margin	100.00%
Net Profit Margin	-7,794.96%
Debt/Equity Ratio	4.1%

How did ADG perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/09 09:28
End of Day Share Price	2025/01/09 00:00
Earnings	2024/06/30
Annual Earnings	2024/06/30

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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 here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Adelong Gold 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.

Analyst	Institution

ADG Stock Overview

Risk Analysis

Adelong Gold Limited Competitors

ASX:CMD

AU$6.5m

ASX:ICG

AU$7.2m

ASX:ERL

AU$4.5m

ASX:MBK

AU$8.5m

Price History & Performance

Recent News & Updates

Adelong Gold Limited Announces Board Changes

Adelong Gold Limited, Annual General Meeting, Nov 29, 2024

Full year 2024 earnings released: AU$0.003 loss per share (vs AU$0.002 loss in FY 2023)

Adelong Gold Limited has completed a Follow-on Equity Offering in the amount of AUD 0.5 million.

Adelong Gold Limited has filed a Follow-on Equity Offering in the amount of AUD 0.14 million.

First half 2024 earnings released: AU$0.001 loss per share (vs AU$0.001 loss in 1H 2023)

Recent updates

Adelong Gold Limited Announces Board Changes

Adelong Gold Limited, Annual General Meeting, Nov 29, 2024

Full year 2024 earnings released: AU$0.003 loss per share (vs AU$0.002 loss in FY 2023)

Adelong Gold Limited has completed a Follow-on Equity Offering in the amount of AUD 0.5 million.

Adelong Gold Limited has filed a Follow-on Equity Offering in the amount of AUD 0.14 million.

First half 2024 earnings released: AU$0.001 loss per share (vs AU$0.001 loss in 1H 2023)

New major risk - Shareholder dilution

Adelong Gold Limited has completed a Follow-on Equity Offering in the amount of AUD 1.1 million.

New major risk - Shareholder dilution

Adelong Gold Limited has completed a Follow-on Equity Offering in the amount of AUD 0.61 million.

New major risk - Share price stability

Adelong Gold Limited has filed a Follow-on Equity Offering.

Adelong Gold Limited has filed a Follow-on Equity Offering.

Adelong Gold Limited has filed a Follow-on Equity Offering.

Adelong Gold Limited Announces Retirement of Peter Mitchell as Managing Director, Effective 27 November 2023

Adelong Gold Limited Announces Retirement of Peter Mitchell as Managing Director, Effective 27 November 2023

Adelong Gold Limited, Annual General Meeting, Nov 27, 2023

Full year 2023 earnings released: AU$0.002 loss per share (vs AU$0.002 loss in FY 2022)

Adelong Gold Limited (ASX:ADG) entered into a binding agreement to acquire Three applications for lithium exploration permits in Lithium Valley in Minas Gerais, in Brazil from Rafael Mottin for AUD 0.78 million.

Adelong Gold Limited Announces Board Changes

First half 2023 earnings released: EPS: AU$0 (vs AU$0.001 loss in 1H 2022)

Adelong Gold Limited to Commence Planned Program of Drilling in March 2023

Adelong Gold Limited Announces Further Program of Drilling Is Planned to Commence At the Adelong Gold Project in March 2023

Adelong Gold Limited announced that it has received AUD 0.25 million in funding

Adelong Gold Limited Announces Drilling Shows Potential for Major Deposits At Gibraltar

Less than half of directors are independent

Adelong Gold Limited Announces Drilling Successfully Completed At Gibraltar

Adelong Gold Limited Announces Completion of Scoping Study for the Adelong Gold Project Located in Southern New South Wales Continued

Adelong Gold Limited, Annual General Meeting, Nov 30, 2022

Adelong Gold Limited Commences Drilling on the Adelong Gold Project

3D Resources Limited Appoints Justin Ward as Non-Executive Director

Full year 2022 earnings released: EPS: AU$0 (vs AU$0 in FY 2021)

3D Resources Limited announced that it has received AUD 0.5 million in funding

Insider recently bought AU$126k worth of stock

3D Resources Limited Receive Further High Grade Assay Results from the Recent Drilling Program At the Caledonian Deposit Within the Adelong Goldfield in Southern NSW

3D Resources Limited Receives Impressive First Assay Results from the Recent the Drilling Program At the Gibraltar Mine and the Caledonian Deposit Within the Adelong Goldfield in Southern NSW

Less than half of directors are independent

3D Resources Limited Announces Drilling Progress At Adelong Gold Field

First half 2022 earnings: Revenues and EPS in line with analyst expectations

3D Resources Limited Announces Drilling Scheduled to Finalize Scoping Study At Adelong

3D Resources Limited Announces Drilling and Finalise Scoping Study at Adelong Goldfield NSW

3D Resources Limited Announces Drilling at the Adelong Goldfield in Southern New South Wales

3D Resources Limited Commences the 12 Hole ~2000M Reverse Circulation Drilling Program At the Adelong Goldfield, in Southern New South Wales

3D Resources to Commence A 12 Hole ~2000M Reverse Circulation Drilling Program Scheduled to Start on 10 June 2021

3D Resources Limited announced that it expects to receive AUD 1.3 million in funding

3D Resources Advances Exploration at Adelong Goldfield

Insider recently bought AU$132k worth of stock

How Much Is 3D Resources Limited (ASX:DDD) CEO Getting Paid?

3D Resources Limited, Annual General Meeting, Jan 28, 2021

3D Resources Limited Provides Exploration Update At the Adelong Gold Project

Cazaly Resources Limited (ASX:CAZ) completed the acquisition of remaining 80% stake in Halls Creek Copper Project from 3D Resources Limited (ASX:DDD).

3D Resources Limited Announces Adelong Preliminary Fire Assay Results

3D Resources Limited Provides an Update on the Drilling Results and Exploration Plan for the Adelong Goldfield

Cazaly Resources Limited (ASX:CAZ) entered into an agreement to acquire remaining 80% stake in Halls Creek Copper Project from 3D Resources Limited (ASX:DDD) for AUD 0.5 million.

3D Resources Limited Announces That It Has Progressed Its Exploration Plans for the Adelong gold project

Full year earnings released - AU$0.0004 loss per share

3D Resources Limited Appoints William (Bill) Flannery to Provide the Specialised Engineering, Procurement, Construction and Management ("EPCM") Services

3D Resources Limited (ASX:DDD) completed the acquisition of Challenger Mines Pty Ltd from Macquarie Gold Limited.

3D Resources Limited announced that it has received AUD 1.225 million in funding

Shareholder Returns