Adavale Resources Share Price and Company Fundamentals
Last traded: Yesterday at 1:24 AM
Adavale Resources Limited engages in the exploration of mineral properties in Australia and Tanzania. The company holds a 100% interest in the Kabanga Jirani Nickel project covering an area of 1,315 square kilometers located in Kagera, Tanzania; and the Lake Surprise uranium project having 4 tenements covering an area of 1,078 square kilometers situated in the northern part of the Lake Frome Embayment, South Australia. It also holds interest in Luhuma project situated in Tanzania. Adavale Resources Limited as incorporated in 1969 and is based in West Leederville, Australia.
Key Metrics
PE ratio
-
PB ratio
10.64
Dividend yield
0.00%
Beta
2.04
Market cap
-
Enterprise value
-
Company profile
| Industry / Sector | Uranium / Energy |
|---|---|
| Website | https://www.adavaleresources.com |
| Mailing address | 49 Oxford Close Level 2 West Leederville WA 6007 Australia |
| Phone / Fax | 61 2 8003 6733 / 61 2 8003 6733 |
Dividends
More: Adavale Resources Dividend history, yield and payout ratio
Dividend yield
0.00%
Dividend amount
$0.00
Payout ratio
0.00%
Adavale Resources paid $0.00 dividend and the ex-dividend date was .The dividend payout ratio is 0.00%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.ADD dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.
ADD's forward dividend amount is $ and the forward dividend yield is . A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.
Company Executives
As of May 2024, following are the company executives and directors listed on Adavale Resources.
| Name | Title | Age | Total Pay |
|---|---|---|---|
| Mr. Allan Ritchie O.A.M. | Chief Executive Officer | 57 | 132k |
| Mr. Leonard Vun Chee Math B.Bus., B.Com., BComm, C.A. | CFO & Company Secretary | 60k | |
| Mr. David Noel Riekie AICD, B.Ec., C.A., CA, Dip Acc, M.A.I.C.D., MAICD | Executive Director | 60 | 150k |
| Mr. Paschal Wadeya | Chief Geologist |
Profitability and management effectiveness
Profit margin
0.00%
Operating margin
-433.05%
Return on assets
-254.89%
Return on equity
-1,278.24%
Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.
The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.
Valuation and Trading Info
The market capitalization of Adavale Resources is and its enterprise value is .
The ADD's stocks Beta value is 2.04 making it 104% more volatile compared to ASX market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.
Companies similar to Adavale Resources (ADD)
- Beach Energy (BPT)
- Cooper Energy (COE)
- New Hope Corporation (NHC)
- Santos (STO)
- Origin Energy (ORG)
- Woodside Petroleum (WPL)
- Viva Energy Group (VEA)
- Whitehaven Coal (WHC)
- Worley (WOR)
- Washington H Soul Pattinson & Company (SOL)
Adavale Resources (ASX:ADD) Frequently Asked Questions
1. What is Adavale Resources's Stock Symbol?
Adavale Resources trades on ASX under the ticker symbol "ADD".
2. What is Adavale Resources's stock price today?
One share of ADD stock can currently be purchased for approximately $0.004.
3. How can I contact Adavale Resources?
Adavale Resources's mailing address is 49 Oxford Close Level 2 West Leederville WA 6007 Australia. The company can be reached via phone at 61 2 8003 6733.
4. What is Adavale Resources's official website?
The official website of Adavale Resources is https://www.adavaleresources.com.