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Accelerate Resources Ltd.
(Sydney:AX8)
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Rating:45Neutral
Price Target:
AU$0.01
▲(0.00% Upside)
Action:Reiterated
Date:08/04/26
The score is primarily held back by weak financial performance: zero/minimal revenue, ongoing operating losses, and persistent cash burn. A low-leverage balance sheet provides some cushion, but valuation is difficult to support with negative earnings, and technical signals are neutral due to missing indicator data.
Positive Factors
Strong balance sheet (low leverage)
Very low leverage and materially stronger equity provide a durable capital cushion for a resource explorer. This reduces bankruptcy risk, supports multi-stage drilling programs, and extends runway to test prospects without immediate refinancing, preserving strategic optionality over months.
Negative Factors
Persistent negative cash flow
Consistent operating cash outflows and worsening free cash flow mean the company cannot self-fund exploration or development. Over a multi-month horizon this raises financing and dilution risk, and constrains the pace of target advancement absent external capital.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong balance sheet (low leverage)
Very low leverage and materially stronger equity provide a durable capital cushion for a resource explorer. This reduces bankruptcy risk, supports multi-stage drilling programs, and extends runway to test prospects without immediate refinancing, preserving strategic optionality over months.
Read all positive factors
Accelerate Resources Ltd. (AX8) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$8.47M
Dividend YieldN/A
Average Volume (3M)886.88K
Price to Earnings (P/E)―
Beta (1Y)2.39
Revenue GrowthN/A
EPS Growth80.65%
CountryAU
Employees53
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding1,411,188,700
10 Day Avg. Volume688,403
30 Day Avg. Volume886,884
Financial Highlights & Ratios
PEG Ratio-0.18
Price to Book (P/B)0.47
Price to Sales (P/S)0.00
P/FCF Ratio-2.50
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
Accelerate Resources Ltd. Business Overview & Revenue Model
Company Description
Accelerate Resources Limited operates as a mineral exploration enterprise, actively seeking resources across Canada and Western Australia. The company's primary focus is on discovering deposits of manganese, gold, and lithium. Its portfolio includ...
How the Company Makes Money
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Accelerate Resources Ltd. Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
64
Positive
Cash Flow
22
Negative
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | -12.20K | 0.00 | 51.31K | 0.00 | 1.50K | 110.32K |
| Gross Profit | -58.14K | -74.77K | 51.31K | -10.79K | -703.00 | 104.30K |
| EBITDA | -1.37M | -1.73M | -2.60M | -2.30M | -1.22M | -3.37M |
| Net Income | -535.89K | 265.75K | -2.63M | -2.31M | -1.22M | -3.37M |
Balance Sheet | ||||||
| Total Assets | 11.74M | 12.80M | 12.69M | 8.03M | 6.69M | 3.78M |
| Cash, Cash Equivalents and Short-Term Investments | 2.52M | 2.87M | 1.95M | 2.04M | 2.31M | 1.29M |
| Total Debt | 140.96K | 177.65K | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 584.08K | 569.73K | 927.76K | 421.23K | 330.02K | 143.87K |
| Stockholders Equity | 11.15M | 12.23M | 11.76M | 7.61M | 6.36M | 3.64M |
Cash Flow | ||||||
| Free Cash Flow | -1.44M | -2.28M | -3.45M | -3.52M | -1.83M | -1.04M |
| Operating Cash Flow | -1.07M | -1.38M | -1.67M | -1.12M | -792.38K | -637.22K |
| Investing Cash Flow | 970.87K | 1.10M | -1.79M | -1.95M | -1.04M | -816.05K |
| Financing Cash Flow | 1.98M | 1.20M | 3.37M | 2.79M | 2.91M | 2.53M |
Accelerate Resources Ltd. Peers Comparison
UnderperformOutperform
Sector (61)
AU:AX8
Accelerate Resources Ltd.
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AU:VRL
Verity Resources
0.01
-0.01
-45.83%
AU:USM
PVW Resources Limited
0.01
-0.01
-47.62%
AU:M2R
Miramar Resources Limited
―
―
―
AU:ACM
Australian Critical Minerals Ltd.
0.02
-0.04
-61.67%
AU:CGR
CGN Resources Ltd.
0.07
0.02
34.55%
Accelerate Resources Ltd. Corporate Events
Accelerate Resources Director Increases Indirect Shareholding via Placement
Jul 9, 2026
Accelerate Resources has disclosed a change in director Richard Hill’s indirect interests, following his participation in a recent company share placement. Through nominee and superannuation structures, Hill acquired 5 million fully paid ord...
Accelerate Resources Director Increases Indirect Shareholding via Placement
Jul 9, 2026
Accelerate Resources has disclosed a change in director Mark Thompson’s interests following his participation, via associated entities, in a company placement approved by shareholders on 6 July 2026. Through Lateral Minerals Pty Ltd as trust...
Accelerate Resources Director Increases Stake Through Share Placement
Jul 9, 2026
Accelerate Resources has reported a change in the shareholding of director Grant Mooney, following his participation in a recent share placement approved by shareholders. Mooney acquired 4,000,000 ordinary shares for $20,000, increasing both his d...
Accelerate Resources Issues 160 Million New Shares Under Placement
Jul 9, 2026
Accelerate Resources Ltd. has issued 160,000,000 fully paid ordinary shares at $0.005 per share under a previously announced placement, expanding its capital base to support corporate and project funding needs. The new shares were issued without a...
Accelerate Resources Seeks Quotation for 160 Million New Shares on ASX
Jul 9, 2026
Accelerate Resources Ltd. has applied for quotation of 160 million ordinary fully paid shares on the Australian Securities Exchange, with the new securities to be issued on July 10, 2026. The additional quotation, lodged via an Appendix 2A, expand...
Accelerate Resources Secures Shareholder Backing for Capital-Raising Resolutions
Jul 6, 2026
Accelerate Resources Limited, listed on the ASX as AX8 and based in West Perth, operates in Australia’s resources sector with a focus on mining and exploration activities financed through equity capital raisings. The company adheres to ASX g...
Accelerate starts maiden RC drilling at Spencers gold discovery near Kalgoorlie
Jun 19, 2026
Accelerate Resources has begun a maiden reverse circulation drilling campaign at its new shallow Spencers gold discovery, part of the Balagundi Gold Project about 15 kilometres east of Kalgoorlie. The 1,200-metre program of roughly 15 holes aims t...
Accelerate Resources Schedules July General Meeting, Moves to Digital Notices
Jun 4, 2026
Accelerate Resources has called a general meeting of shareholders to be held in West Perth on 6 July 2026, providing details on how investors can access the notice of meeting and participate. The company is shifting to primarily electronic distrib...
Accelerate Resources Calls July 2026 Meeting to Ratify Major Share Placement
Jun 4, 2026
Accelerate Resources Limited has called a general meeting of shareholders for 10:00 a.m. AWST on 6 July 2026 in West Perth, Western Australia. The meeting will determine voting eligibility based on the share register at 5:00 p.m. AWST on 4 July 20...
Accelerate Resources Seeks ASX Quotation for 240 Million New Shares
Jun 3, 2026
Accelerate Resources Ltd., an ASX-listed resources company, has moved to expand its capital base through the issue of new ordinary fully paid shares. The company continues to position itself within the Australian resources sector, providing invest...
Accelerate Resources Highlights Exploration Advances in Gold and Manganese Portfolio
May 28, 2026
Accelerate Resources has released a technical presentation outlining recent exploration progress across its Western Australian assets, highlighting new gold discoveries and expanded ground at Balagundi alongside high‑grade manganese results ...
Accelerate Resources Plans Major Share Placement on ASX
May 28, 2026
Accelerate Resources Ltd. has notified the ASX of a proposed placement of up to 160 million ordinary fully paid shares under a new Appendix 3B filing. The securities are expected to be issued on 9 July 2026, with the company applying for quotation...
Accelerate Resources Raises A$2m to Drive Gold and Manganese Exploration
May 28, 2026
Accelerate Resources has secured firm commitments to raise A$2.0 million via a two-tranche share placement to institutional, professional and sophisticated investors, priced at A$0.005 per share. The company’s board and CEO have also committ...
Accelerate Resources Requests Trading Halt Ahead of Capital Raising
May 26, 2026
Accelerate Resources Ltd., an ASX-listed resources company trading under the code AX8, has requested a halt in trading of its securities as it prepares a market announcement. The company operates in the mineral resources sector, seeking to advance...
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.
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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.