Adelong Gold (CHIA:ADG) - Stock Price, News & Analysis

ADG Stock Overview

Engages in the exploration of mineral properties.

ADG fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	0/6
Financial Health	5/6
Dividends	0/6

Rewards

Risk Analysis

Makes less than USD$1m in revenue (A$8K)

Shareholders have been substantially diluted in the past year

Does not have a meaningful market cap (A$4M)

Earnings have declined by 4.8% per year over past 5 years

+ 1 more risk

Adelong Gold Limited Competitors

Australia United Mining

ASX:AYM

AU$5.5m

Caprice Resources

ASX:CRS

AU$4.7m

eMetals

ASX:EMT

AU$4.3m

Empire Resources

ASX:ERL

AU$4.5m

Price History & Performance

Summary of all time highs, changes and price drops for Adelong Gold
Historical stock prices
Current Share Price	AU$0.004
52 Week High	AU$0.012
52 Week Low	AU$0.003
Beta	1.51
11 Month Change	0%
3 Month Change	0%
1 Year Change	-55.56%
33 Year Change	-90.00%
5 Year Change	-86.67%
Change since IPO	-96.00%

Recent updates

Shareholder Returns

	ADG	AU Metals and Mining	AU Market
7D	14.3%	-0.8%	2.1%
1Y	-55.6%	-10.4%	11.2%

Return vs Industry: ADG underperformed the Australian Metals and Mining industry which returned -10.4% over the past year.

Return vs Market: ADG underperformed the Australian Market which returned 11.2% over the past year.

Price Volatility

Is ADG's price volatile compared to industry and market?
ADG volatility
ADG Average Weekly Movement	23.2%
Metals and Mining Industry Average Movement	11.2%
Market Average Movement	8.2%
10% most volatile stocks in AU Market	17.0%
10% least volatile stocks in AU Market	3.4%

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

Volatility Over Time: ADG'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
2006	n/a	Ian Holland	adelonggold.com

Adelong Gold Limited engages in the exploration of mineral properties. It explores for gold. The company was formerly known as 3D Resources Limited and changed its name to Adelong Gold Limited in October 2022.

Adelong Gold Limited Fundamentals Summary

How do Adelong Gold's earnings and revenue compare to its market cap?
ADG fundamental statistics
Market cap	AU$4.47m
Earnings (TTM)	-AU$843.12k
Revenue (TTM)	AU$8.42k

464.7x

P/S Ratio

-4.6x

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$8.42k
Cost of Revenue	AU$0
Gross Profit	AU$8.42k
Other Expenses	AU$851.54k
Earnings	-AU$843.12k

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	-0.00075
Gross Margin	100.00%
Net Profit Margin	-10,013.31%
Debt/Equity Ratio	4.1%

How did ADG perform over the long term?

See historical performance and comparison

ADG Stock Overview

Rewards

Risk Analysis

Adelong Gold Limited Competitors

ASX:AYM

AU$5.5m

ASX:CRS

AU$4.7m

ASX:EMT

AU$4.3m

ASX:ERL

AU$4.5m

Price History & Performance

Recent News & Updates

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

Recent updates

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.

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, Annual General Meeting, Nov 27, 2023

New major risk - Financial position

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

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

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

Price Volatility

About the Company

Adelong Gold Limited Fundamentals Summary