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Alice Queen Ltd. (AQX) AI Stock Analysis
Alice Queen Ltd.
(ASX:AQX)
The overall score is driven primarily by very weak financial performance, with no sustainable revenue, significant recurring losses, and negative cash flows that leave the company dependent on fresh capital and highlight a high-risk profile. Valuation metrics based on these loss-making fundamentals provide little support, reinforcing the cautious view. Technical analysis is neutral due to limited data and does not materially offset the fundamental risks, resulting in a low overall score within the permitted range.
Alice Queen Ltd. (AQX) vs. iShares MSCI Australia ETF (EWA)
- Market Cap
- AUD 13.92M
- Dividend Yield
- ―
- Average Volume (3M)
- ―
- Price to Earnings (P/E)
- -4.6
- Beta (1Y)
- 1.11
- Revenue Growth
- ―
- EPS Growth
- 41.67%
- Country
- Australia
- Employees
- 2
- Sector
- Basic Materials
- Sector Strength
- 61
- Industry
- Other Precious Metals
Alice Queen Ltd. Business Overview & Revenue Model
Company Description
Alice Queen Limited engages in the exploration of mineral properties in Australia and Fiji. The company explores for gold, copper, and critical mineral deposits. The company was incorporated in 2002 and is based in South Yarra, Australia. Alice Queen...
Alice Queen Ltd. Financial Statement Overview
Summary
Financial performance is very weak: revenue has fallen to zero, operating and net losses are large and recurring, and operating and free cash flows are persistently negative, indicating ongoing cash burn and reliance on external funding. The only mitigating factor is a conservatively financed balance sheet with low debt, but shrinking equity and assets show value is being eroded rather than created.
Income Statement
8Very NegativeBalance Sheet
40NegativeCash Flow
12Very Negative| Breakdown | TTM | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0 | 0 | 33.82K | 5,769 | 3,289 | 105 |
| Gross Profit | -91.41K | -91.41K | 33.82K | 5,769 | -85.16K | -160.61K |
| EBITDA | -3.33M | -3.33M | -3.91M | -1.68M | -19.87M | -8.08M |
| Net Income | -3.43M | -3.43M | -4.14M | -2.21M | -17.24M | -7.58M |
Balance Sheet | ||||||
| Total Assets | 3.89M | 3.89M | 911.36K | 599.23K | 359.78K | 17.95M |
| Cash, Cash Equivalents and Short-Term Investments | 3.60M | 3.60M | 370.73K | 123.09K | 41.93K | 333.67K |
| Total Debt | 33.51K | 33.51K | 110.67K | 182.17K | 185.60K | 85.39K |
| Total Liabilities | 493.99K | 493.99K | 898.25K | 537.22K | 906.98K | 887.02K |
| Stockholders Equity | 7.26M | 7.26M | 3.75M | 3.74M | 3.09M | 17.88M |
Cash Flow | ||||||
| Free Cash Flow | -2.74M | -2.74M | -3.71M | -2.36M | -2.67M | -4.65M |
| Operating Cash Flow | -2.74M | -2.74M | -3.64M | -2.36M | -2.00M | -1.26M |
| Investing Cash Flow | 23.19K | 23.19K | -75.07K | 60.00K | -707.20K | -3.00M |
| Financing Cash Flow | 5.96M | 5.96M | 4.00M | 2.38M | 2.43M | 3.43M |
Alice Queen Ltd. Peers Comparison
Overall Rating
AU:LDR48Neutral- AU:AQX43Neutral
AU:HWK42Neutral
AU:XPD42Neutral
AU:SCN37Underperform
AU:PGM36Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| Sector * | 61Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% |
| AU:LDR | 48Neutral | AUD 15.02M | 8.91 | 2.63% | ― | ― | ― |
| AU:AQX | 43Neutral | AUD 13.92M | -4.62 | -63.73% | ― | ― | 41.67% |
| AU:HWK | 42Neutral | AUD 3.45M | -2.50 | -10.63% | ― | ― | 24.79% |
| AU:XPD | 42Neutral | AUD 12.65M | -1.09 | -118.34% | ― | ― | 62.37% |
| AU:SCN | 37Underperform | AUD 7.59M | -3.04 | -68.97% | ― | ― | 46.51% |
| AU:PGM | 36Underperform | AUD 14.50M | -3.89 | -26.60% | ― | ― | 14.29% |
* Basic Materials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| AU:AQX | Alice Queen Ltd. | 0.01 | 0.00 | 0.00% | |
| AU:PGM | Platina Resources Limited | 0.02 | -0.01 | -25.00% | |
| AU:XPD | Thunderbird Resources Ltd | 0.02 | -0.01 | -38.46% | |
| AU:SCN | Scorpion Minerals Limited | 0.01 | -0.01 | -48.15% | |
| AU:HWK | Alderan Resources Ltd. | 0.03 | -0.00 | -12.90% | |
| AU:LDR | Lode Resources Ltd | 0.07 | -0.13 | -63.00% |
Alice Queen Ltd. Corporate Events
Alice Queen outlines updated governance framework and ASX compliance
Alice Queen Ltd has released an updated corporate governance statement outlining how it applies the ASX Corporate Governance Council’s latest principles and recommendations for the year to 30 June 2026. The company details the role of its board...
Alice Queen Details Governance Structure in 2026 Annual Report
Alice Queen Limited has released its annual report for the year ended 30 June 2026, outlining its corporate governance framework and organisational structure. The report highlights the company’s board composition, key executive roles and core a...
Alice Queen Sells Non-Core NSW Tenement to Fund Focus on Horn Island Gold
Alice Queen has agreed to sell its non-core Yarindury exploration licence EL8646 in New South Wales to Alkane Resources for $900,000 in cash via its 90%-owned subsidiary Monzonite Metals. The sale is subject to standard due diligence, regulatory and...
Alice Queen Director’s Option Holdings Adjusted After Large Option Expiry
Alice Queen Ltd. has announced a change in director Jianying Wang’s interests following the expiry and lapsing of 95,000,000 quoted options exercisable at $0.02 that were due to expire on 19 August 2026. As a result, Wang now holds his remainin...
Alice Queen Issues Cleansing Notice for New ASX Securities
Alice Queen Ltd. has issued new securities and filed a cleansing notice to the ASX, confirming that the securities were issued without a full prospectus under the relevant provisions of the Corporations Act. The company states it has met its ongoing...
Alice Queen Adds 70,266 Shares to ASX Quotation After Option Exercise
Alice Queen Ltd. has lodged an application with the ASX for quotation of new ordinary fully paid shares following the exercise of listed options. The filing covers the issuance and quotation of 70,266 AQX shares on 19 August 2026, slightly expanding...
Alice Queen details Horn Island development pathway and associated risks
Alice Queen Ltd. has released an investor presentation outlining the development pathway for its Horn Island project, underpinned by a Project Definition Study compiled with external mining consultants and existing JORC 2012 Mineral Resource estimate...
Alice Queen Begins Multi-Phase Drilling at Horn Island Gold Project
Alice Queen has commenced a multi-phase drilling program of up to 5,000 metres at the Horn Island Gold Project in Far North Queensland, using a dual-purpose rig capable of reverse circulation and diamond core drilling. The campaign, funded in part by...
Alice Queen Mobilises Drill Rig for Multi-Phase Campaign at Horn Island Gold Project
Alice Queen Limited has mobilised a dual-purpose, track-mounted drill rig to its Horn Island Gold Project in Far North Queensland, marking the start of a multi-phase drilling campaign aimed at expanding its existing gold resource and testing newly de...
Alice Queen’s Horn Island Study Confirms Strong Project Economics and Triggers Next Phase of Development
Alice Queen Ltd has advanced its Horn Island Gold Project with completion of a Project Definition Study that outlines robust economics for restarting mining operations. The study indicates life-of-mine EBITDA of $1.3 billion, a pre-tax NPV of $706 mi...
Alice Queen Sets August Expiry for 572.6m Listed Options
Alice Queen Ltd. has notified holders that 572,580,104 quoted options, AQXOC, each exercisable at $0.02, will expire at 5.00pm WST on 19 August 2026. The company has distributed personalised exercise forms and confirmed that each exercised option con...
Alice Queen to Host Investor Webinar on Horn Island Project Study
Alice Queen Limited has invited shareholders and interested investors to an online webinar on 9 July 2026 to discuss the recently released Horn Island Project Definition Study. The session will feature the company’s managing director alongside...
Alice Queen Director Dale McCabe Resigns but Retains Large Option Exposure
Alice Queen Limited has announced the cessation of director Dale McCabe from the company’s board, effective 2 July 2026, with his final director’s interest notice lodged with the ASX. McCabe holds no shares directly but retains significan...
Alice Queen reshapes board and finance leadership with key executive changes
Alice Queen Limited, an ASX-listed resources company, has built its operations around developing mining and exploration projects across multiple jurisdictions. The group is supported by a leadership team with deep experience in corporate governance,...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Oct 02, 2026