Arika Resources (CHIA:ARI) - Stock Price, News & Analysis

ARI Stock Overview

Engages in the exploration and development of mineral properties in Australia.

ARI fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	0/6
Past Performance	0/6
Financial Health	6/6
Dividends	0/6

Rewards

Risk Analysis

Earnings have declined by 4.1% per year over past 5 years

Makes less than USD$1m in revenue (A$-42K)

Highly volatile share price over the past 3 months

Does not have a meaningful market cap (A$14M)

+ 1 more risk

Arika Resources Limited Competitors

XTC Lithium

ASX:XTC

AU$17.5m

Pan Asia Metals

ASX:PAM

AU$10.7m

White Rock Minerals

ASX:WRM

AU$17.5m

Eagle Mountain Mining

ASX:EM2

AU$21.6m

Price History & Performance

Summary of all time highs, changes and price drops for Arika Resources
Historical stock prices
Current Share Price	AU$0.028
52 Week High	AU$0.038
52 Week Low	AU$0.015
Beta	1.68
11 Month Change	40.00%
3 Month Change	40.00%
1 Year Change	40.00%
33 Year Change	-72.00%
5 Year Change	-53.32%
Change since IPO	-86.00%

Recent updates

Shareholder Returns

	ARI	AU Metals and Mining	AU Market
7D	86.7%	10.0%	0.3%
1Y	40.0%	0.2%	16.1%

Return vs Industry: ARI exceeded the Australian Metals and Mining industry which returned 0.2% over the past year.

Return vs Market: ARI exceeded the Australian Market which returned 16.1% over the past year.

Price Volatility

Is ARI's price volatile compared to industry and market?
ARI volatility
ARI Average Weekly Movement	54.8%
Metals and Mining Industry Average Movement	11.6%
Market Average Movement	8.9%
10% most volatile stocks in AU Market	17.0%
10% least volatile stocks in AU Market	3.6%

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

Volatility Over Time: ARI's weekly volatility has increased from 42% to 55% over the past year.

About the Company

Founded	Employees	CEO	Website
1999	2	Justin Barton	www.metalicity.com.au

Arika Resources Limited, together with its subsidiaries, engages in the exploration and development of mineral properties in Australia. The company primarily explores for gold and zinc deposits. Its flagship project is the Kookynie Gold project located in the Eastern Goldfields of Western Australia.

Arika Resources Limited Fundamentals Summary

How do Arika Resources's earnings and revenue compare to its market cap?
ARI fundamental statistics
Market cap	AU$14.46m
Earnings (TTM)	-AU$1.85m
Revenue (TTM)	n/a

-341.5x

P/S Ratio

-7.8x

P/E Ratio

Is ARI overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ARI income statement (TTM)
Revenue	-AU$42.34k
Cost of Revenue	AU$0
Gross Profit	-AU$42.34k
Other Expenses	AU$1.81m
Earnings	-AU$1.85m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	-0.0037
Gross Margin	100.00%
Net Profit Margin	4,365.46%
Debt/Equity Ratio	0%

How did ARI perform over the long term?

See historical performance and comparison

ARI Stock Overview

Rewards

Risk Analysis

Arika Resources Limited Competitors

ASX:XTC

AU$17.5m

ASX:PAM

AU$10.7m

ASX:WRM

AU$17.5m

ASX:EM2

AU$21.6m

Price History & Performance

Recent News & Updates

Metalicity Limited, Annual General Meeting, Nov 13, 2024

Metalicity Limited has filed a Follow-on Equity Offering in the amount of AUD 0.953047 million.

Metalicity Limited has completed a Follow-on Equity Offering in the amount of AUD 1.497936 million.

Metalicity Limited Announces Resignation of James Doyle as Joint Company Secretary, Effective 30 November 2023

Metalicity Limited Announces Resignation of James Doyle as Joint Company Secretary, Effective 30 November 2023

Metalicity Limited, Annual General Meeting, Nov 24, 2023

Recent updates

Metalicity Limited, Annual General Meeting, Nov 13, 2024

Metalicity Limited has filed a Follow-on Equity Offering in the amount of AUD 0.953047 million.

Metalicity Limited has completed a Follow-on Equity Offering in the amount of AUD 1.497936 million.

Metalicity Limited Announces Resignation of James Doyle as Joint Company Secretary, Effective 30 November 2023

Metalicity Limited Announces Resignation of James Doyle as Joint Company Secretary, Effective 30 November 2023

Metalicity Limited, Annual General Meeting, Nov 24, 2023

Metalicity Limited Announces Permit Application for Mt Surprise Project

Metalicity Limited Announces Board Changes

Metalicity Limited Announces 11% Copper Assay with Cobalt at Mt Suprise Project

Metalicity Limited Completes Significant Exploration Programme at its Newly Acquired 100% Owned Mt Surprise Lithium Project

Metalicity Limited Announces Board Changes

Metalicity Limited Appoints Steven Wood as Director

Less than half of directors are independent

Metalicity Limited Announces High Grade Copper Results from Outcropping Gossan Rock Chips at Mt Surprise

Metalicity Limited Announces Maiden Exploration Programme Completed at Mt Surprise Lithium Project Uncovers Abundant Copper Mineralisation at Surface

Metalicity Limited Announces Fieldwork Commences at the Mt Surprise Lithium Project

Full year 2022 earnings released: AU$0.002 loss per share (vs AU$0.001 loss in FY 2021)

Metalicity Limited, Annual General Meeting, Nov 25, 2022

Metalicity Limited Announces Drilling Results from Champion Deposit and Champion North and South Exploration Targets At the Kookynie Gold Project

Metalicity Limited Announces High Grade Copper Rock Chips over 25% At Mt Surprise

Metalicity Limited (ASX:MCT) announced the acquisition of Georgetown Lithium Project in North Queensland from tenement holder for AUD 0.18 million.

Metalicity Limited Secures A Second Highly Prospective Lithium Project, the Georgetown Lithium Project (EPM 28121) in North Queensland

Metalicity Limited Announces Highly Prospective Mt Surprise Lithium Project Now Granted

Metalicity Limited Announces High Grade Gold Results from McTavish South Prospect At the Kookynie Gold Project in the Eastern Goldfields, Western Australia

Metalicity Limited Announces Kookynie Gold Project Drilling Update

Less than half of directors are independent

Metalicity Limited Will Expand the Current Air Core and RC Drilling Programme at the Kookynie Gold Project

Metalicity Limited Announces the Mineral Resource Estimate from the Leipold, Champion and Mctavish Prospects

Metalicity Limited Announces Commencement of Aircore and RC Drilling Programme at the Leipold, McTavish and Champion Prospects Within the Kookynie Gold Project

Metalicity Limited Announces Commencement of Aircore and RC Drilling Programme at the Leipold, McTavish and Champion Prospects Within the Kookynie Gold Project

Metalicity Limited Announces Significant, 8.92-Metre-Wide Intercept of the Leipold Lode A Further 100 Metres Down Dip from First Diamond Hole

Vox Provides Recent Development and Exploration Updates from Royalty Operating Partners Gold Standard Ventures, Genesis Minerals Limited, Metalicity Limited, Black Cat Syndicate Limited and Norwest Minerals Limited

Metalicity Limited (ASX:MCT) made an offer to acquire Nex Metals Explorations Limited (ASX:NME).

Metalicity Limited Commences Drilling At the Mctavish Prospects At the Kookynie Gold Project

Metalicity Limited Announces Gold Results Continue At Kookynie Gold Project

Metalicity Limited Announces Assays Results for the Leipold Prospect At the Kookynie Gold Project

Metalicity Limited announced that it expects to receive AUD 3 million in funding

Independent Non-Executive Chairman Norman Longworth has left the company

Metalicity Limited Announces Assays Results for the McTavish Prospect at the Kookynie Gold Project in the Eastern Goldfields, Western Australia

Metalicity Limited Announces Assays Results for the Altona Prospect at the Kookynie Gold Project in the Eastern Goldfields, Western Australia

Metalicity Limited Announces Project and Update on 2021 Assays

Metalicity Limited Announces Return of All Pending Assays from the 2020 Drilling Programme at the Kookynie Gold Project in the Eastern Goldfields, Western Australia

Metalicity Limited Announces Recommencement of Drilling at the Kookynie Gold Project

Metalicity Limited Announces the Return of New Assays from the Drilling Programme at the Kookynie Gold Project in the Eastern Goldfields, Western Australia

Metalicity Limited Provides Market Update on Current Drilling Programme At the Kookynie Gold Project

Metalicity Limited (ASX:MCT) acquired two prospecting licenses located at the Batavia Mining Area for AUD 0.02 million.

Metalicity Limited Announces the Return of Further Assays from the Current Drilling Programme At the Kookynie Gold Project

Full year earnings released - AU$0.0017 loss per share

Metalicity Limited Announces Executive Changes

Metalicity Limited Reports Drill Hole Intercepts Up to 100 g/t Au for the Kookynie Gold Project

Metalicity Limited announced that it expects to receive AUD 5 million in funding

Shareholder Returns

Price Volatility

About the Company

Arika Resources Limited Fundamentals Summary

-341.5x

-7.8x

Earnings & Revenue