Accelerate Resources Share Price and Company Fundamentals



Price
$0.039
Change
-0.001 (-2.500%)
52 week
0.028 - 0.14

Last traded: Today at 5:36 AM

Accelerate Resources Limited operates as an exploration company in Tasmania and Western Australia. The company explores for gold, cobalt, copper, nickel, and base metal deposits. It holds interests in the Mount Read cobalt project covering an area of 224 square kilometers located in western Tasmania; Mount Monger gold project with two granted exploration licenses and one exploration license application covering 35.3 square kilometers located in Western Australia. The company also holds interests in the Comet gold project with one granted exploration license covering 38 square kilometers and one exploration license application located in Western Australia; and the Tambellup Kaolin project comprises one granted exploration license that covers an area of 43 square kilometers, as well as one exploration license application located in Western Australia. Accelerate Resources Limited was incorporated in 2017 and is based in West Perth, Australia.

Key Metrics

PE ratio

-

PB ratio

1.11

Dividend yield

Beta

0.59

Market cap

$7.63M

Enterprise value

$4.54M

Company profile

Primary activitiesMinerals exploration
Industry / SectorOther Industrial Metals & Mining / Basic Materials
Websitehttp://www.ax8.com.au
Mailing address16 Ord Street Suite 1 Ground Floor West Perth WA 6005 Australia
Phone / Fax61 8 9482 0500 / 61 8 9482 0505
Share registryADVANCED SHARE REGISTRY SERVICES

Dividends

Accelerate Resources does not pay dividends.

Company Executives

As of Sep 2021, following are the company executives and directors listed on Accelerate Resources.

NameTitleAgeTotal Pay
Ms. Yaxi ZhanMD & Director174.97k
Mr. Kevin JoyceExploration Mang.
Ms. Deborah HoCompany Sec.32

Profitability and management effectiveness

Profit margin

0.00%

Operating margin

-3,502.29%

Return on assets

-32.45%

Return on equity

-56.12%

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 7.63M and its enterprise value is 4.54M. The enterprise value to revenue ratio of AX8 is 59.85.

The AX8's stocks Beta value is 0.59 making it 41% 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 $0.039.

3. How can I contact Accelerate Resources?

Accelerate Resources's mailing address is 16 Ord Street Suite 1 Ground Floor West Perth WA 6005 Australia. The company can be reached via phone at 61 8 9482 0500.

4. What is Accelerate Resources's official website?

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

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

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