Accelerate Resources Share Price and Company Fundamentals



Price
$0.037
Change
-0.003 (-7.500%)
52 week
0.028 - 0.073

Last traded: Today at 6:10 AM

Accelerate Resources Limited operates as an exploration company in Canada and Western Australia. The company explores for gold, copper, and silver deposits. It holds 100% interests in the Comet Gold Project comprising five granted exploration licenses that covers 220 square kilometers located at the southern end of the Tuckabianna Shear Zone; and Tambellup Kaolin Project, including two granted exploration licenses covering an area of 242 km2 in the Southwest of Western Australia. The company also has interests in Rossland Gold Project in Canada. Accelerate Resources Limited was incorporated in 2017 and is based in West Perth, Australia.

Key Metrics

PE ratio

-

PB ratio

1.62

Dividend yield

0.00%

Beta

0.67

Market cap

-

Enterprise value

-

Company profile

Primary activitiesMinerals exploration
Industry / SectorOther Industrial Metals & Mining / Basic Materials
Websitehttps://www.ax8.com.au
Mailing addressUnit 4 Ground Floor, Suite 1 16 Ord Street West Perth WA 6005 Australia
Phone / Fax61 8 6246 9663 / 61 8 9482 0505
Share registryADVANCED SHARE REGISTRY SERVICES

Annual reports

Published onReport
30 Sep 2021Annual Report to Shareholders

Dividends

More: Accelerate Resources Dividend history, yield and payout ratio

Dividend yield

0.00%

Dividend amount

$0.00

Payout ratio

0.00%

Accelerate 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.AX8 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.

AX8'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 2022, following are the company executives and directors listed on Accelerate Resources.

NameTitleAgeTotal Pay
Ms. Yaxi ZhanMD & Director163.83k
Mr. Kevin JoyceExploration Mang.
Ms. Deborah Ho AGIA, B.Com.Company Sec.33

Profitability and management effectiveness

Profit margin

0.00%

Operating margin

-5,761.16%

Return on assets

-27.40%

Return on equity

-44.62%

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 Accelerate Resources is and its enterprise value is .

The AX8's stocks Beta value is 0.67 making it 33% less 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 Accelerate Resources (AX8)

Accelerate Resources (ASX:AX8) Frequently Asked Questions

1. What is Accelerate Resources's Stock Symbol?

Accelerate Resources trades on ASX under the ticker symbol "AX8".

2. What is Accelerate Resources's stock price today?

One share of AX8 stock can currently be purchased for approximately $0.037.

3. How can I contact Accelerate Resources?

Accelerate Resources's mailing address is Unit 4 Ground Floor, Suite 1 16 Ord Street West Perth WA 6005 Australia. The company can be reached via phone at 61 8 6246 9663.

4. What is Accelerate Resources's official website?

The official website of Accelerate Resources is https://www.ax8.com.au.

5. Which share registry manages Accelerate Resources's stock?

Accelerate Resources's stock is managed by ADVANCED SHARE REGISTRY SERVICES.