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Alice Queen Ltd.
(Sydney:AQX)
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Rating:44Neutral
Price Target:
AU$0.01
â–˛(25.00% Upside)
Action:Reiterated
Date:10/02/26
The score is primarily weighed down by weak financial performance—persistent losses, minimal/volatile revenue (including zero in the latest year), and ongoing negative operating and free cash flow that imply continued reliance on external funding. Valuation is also constrained by a negative P/E (loss-making profile) and no available dividend yield data. Technical analysis has limited impact due to missing indicator data.
Positive Factors
Low leverage
Minimal debt reduces near-term solvency pressure and limits interest-related demands on scarce resources. This gives Alice Queen some financial flexibility while it pursues operations or funding, although it does not offset the company’s weak profitability and cash generation.
Negative Factors
Persistent losses and zero revenue
Persistent losses and zero latest-year revenue indicate that Alice Queen has not yet established a dependable operating revenue base. Without recurring sales, fixed costs remain difficult to absorb, profitability is not visible, and future progress depends heavily on successful business development or funding.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage
Minimal debt reduces near-term solvency pressure and limits interest-related demands on scarce resources. This gives Alice Queen some financial flexibility while it pursues operations or funding, although it does not offset the company’s weak profitability and cash generation.
Read all positive factors
Alice Queen Ltd. (AQX) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$16.24M
Dividend YieldN/A
Average Volume (3M)1.53M
Price to Earnings (P/E)―
Beta (1Y)1.10
Revenue GrowthN/A
EPS Growth41.67%
CountryAU
Employees2
SectorBasic Materials
Sector Strength58
IndustryOther Precious Metals
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding2,320,585,200
10 Day Avg. Volume1,172,062
30 Day Avg. Volume1,531,406
Financial Highlights & Ratios
PEG Ratio0.07
Price to Book (P/B)1.33
Price to Sales (P/S)0.00
P/FCF Ratio-3.54
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
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 Qu...
Alice Queen Ltd. Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
58
Neutral
Cash Flow
18
Very Negative
| Breakdown | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 33.82K | 5.77K | 3.29K | 105.00 |
| Gross Profit | -91.41K | 33.82K | 5.77K | -85.16K | -160.61K |
| EBITDA | -3.33M | -3.91M | -1.68M | -19.87M | -8.08M |
| Net Income | -3.43M | -4.14M | -2.21M | -17.24M | -7.58M |
Balance Sheet | |||||
| Total Assets | 3.89M | 911.36K | 599.23K | 359.78K | 17.95M |
| Cash, Cash Equivalents and Short-Term Investments | 3.60M | 370.73K | 123.09K | 41.93K | 333.67K |
| Total Debt | 33.51K | 110.67K | 182.17K | 185.60K | 85.39K |
| Total Liabilities | 493.99K | 898.25K | 537.22K | 906.98K | 887.02K |
| Stockholders Equity | 7.26M | 3.75M | 3.74M | 3.09M | 17.88M |
Cash Flow | |||||
| Free Cash Flow | -2.74M | -3.71M | -2.36M | -2.67M | -4.65M |
| Operating Cash Flow | -2.74M | -3.64M | -2.36M | -2.00M | -1.26M |
| Investing Cash Flow | 23.19K | -75.07K | 60.00K | -707.20K | -3.00M |
| Financing Cash Flow | 5.96M | 4.00M | 2.38M | 2.43M | 3.43M |
Alice Queen Ltd. Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
48 Neutral | AU$18.27M | 10.24 | 2.63% | ― | ― | ― | |
47 Neutral | AU$17.39M | -1.51 | -118.34% | ― | ― | 62.37% | |
45 Neutral | AU$22.77M | -3.48 | -43.32% | ― | ― | 24.79% | |
44 Neutral | AU$16.24M | -5.38 | -63.73% | ― | ― | 41.67% | |
44 Neutral | AU$13.12M | -3.70 | -26.60% | ― | ― | 14.29% | |
42 Neutral | AU$9.76M | -4.35 | -68.97% | ― | ― | 46.51% |
* Basic Materials Sector Average
AU:AQX
Alice Queen Ltd.
0.01
0.00
0.00%
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Alice Queen Ltd. Corporate Events
Alice Queen outlines updated governance framework and ASX compliance
Sep 28, 2026
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 bo...
Alice Queen Details Governance Structure in 2026 Annual Report
Sep 28, 2026
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 cor...
Alice Queen Sells Non-Core NSW Tenement to Fund Focus on Horn Island Gold
Sep 3, 2026
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 a...
Alice Queen Director’s Option Holdings Adjusted After Large Option Expiry
Aug 21, 2026
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 remai...
Alice Queen Issues Cleansing Notice for New ASX Securities
Aug 20, 2026
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 ongoi...
Alice Queen Adds 70,266 Shares to ASX Quotation After Option Exercise
Aug 20, 2026
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 expandi...
Alice Queen details Horn Island development pathway and associated risks
Aug 17, 2026
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 estim...
Alice Queen Begins Multi-Phase Drilling at Horn Island Gold Project
Aug 16, 2026
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...
Alice Queen Mobilises Drill Rig for Multi-Phase Campaign at Horn Island Gold Project
Aug 9, 2026
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...
Alice Queen’s Horn Island Study Confirms Strong Project Economics and Triggers Next Phase of Development
Jul 29, 2026
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...
Alice Queen Sets August Expiry for 572.6m Listed Options
Jul 23, 2026
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 ...
Alice Queen to Host Investor Webinar on Horn Island Project Study
Jul 6, 2026
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 alongsi...
Alice Queen Director Dale McCabe Resigns but Retains Large Option Exposure
Jul 3, 2026
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 signifi...
Alice Queen reshapes board and finance leadership with key executive changes
Jul 2, 2026
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 governanc...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
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.