ADD

ADAVALE FPO [ADD]
Adavale Resources Limited engages in the exploration of mineral properties in Australia and Tanzania. It explores for gold, copper, uranium, and nickel deposits. The company's projects include the Parkes project which consists of four granted exploration licenses covering an area of 354 square kilometers located in New South Wales; and the Kabanga Jirani and Luhuma Nickel Project covering an area of 1,315 square kilometers located in Tanzania. It also holds a portfolio of uranium tenements consisting of 11 licenses which covers an area 4,959 square kilometers located in Marree Embayment, and North and East of Ceduna. Adavale Resources Limited was incorporated in 1969 and is based in West Leederville, Australia.
Energy · ASX Small Cap
$0.0390 -2.5%

Updated 22 Jul 2026 · Signals refresh every scan

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Active Signals

Bullish Signals

  • Beating the Small Ords index — relative strength of 1.14, so it's outpacing the pack
  • Critical cash runway (2.0 quarters)
  • Pre-revenue with limited cash
  • Revenue in sharp decline (-99%)
  • Micro-cap ($5-20M) - high risk
  • CANSLIM S: Tight float (42%)
  • Sentiment is mixed — no strong consensus either way
  • Pre-revenue company — Altman Z-Score not applicable
  • Low-priced stock risk ($0.040)
  • Commodity (Crude Oil): strong_up (+5pts)
  • RBA hiking (-3pts)
  • Calendar: Quarterly Activities in 11d (+5pts)

Risk Signals

  • Below the 200-day average — the long-term trend is still working against it
  • Piotroski F-Score weak (3/9, low-confidence approx)
  • Not enough chatter to gauge sentiment — defaulting to neutral
  • Revenue declining at -99% — the top line is shrinking
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Recent Catalysts

NONE Results of Meeting
NONE Walk-Up Drill Targets & 9.2g/t Au Surface Hit at Ashes
NONE Addendum to Notice of General Meeting

Recent ASX Announcements

2026-07-17 Results of Meeting
2026-07-08 Walk-Up Drill Targets & 9.2g/t Au Surface Hit at Ashes PRICE SENSITIVE
2026-07-07 Addendum to Notice of General Meeting
2026-07-06 Adavale Extends Gold Below 1.5km London-Victoria Open Pit PRICE SENSITIVE
2026-07-06 Change of Director's Interest Notice x 3

Key Metrics

$14.8M
Market Cap
364K
Avg Volume
0.6x
Vol Ratio
$0.02 — $0.07
52-Week Range
N/A
Short Interest
N/A
Cash Runway
-777.3%
ROE
N/A
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSfailEPS Growth: 0%
AAnnual EarningsfailCAGR: 0%
NNew Highs / Catalystsneutral
SSupply & DemandpassFloat: 42%
LLeader vs LaggardlaggardRS: -13
IInstitutional Sponsorshipinsufficient_dataInst: 0%
MMarket DirectionneutralNeutral

Sector: Energy

62 tickers in this sector

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