Breakdown | TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
---|---|---|---|---|---|---|
Income Statement | ||||||
Total Revenue | 0.00 | 0.00 | 28.00K | 5.00K | 27.42K | 69.94K |
Gross Profit | 0.00 | -8.64K | 8.14K | -39.12K | -16.01K | 8.79K |
EBITDA | -1.95M | -2.06M | -1.96M | -1.96M | -1.25M | -1.71M |
Net Income | -3.70M | -5.30M | -10.12M | 4.20M | -1.32M | -2.25M |
Balance Sheet | ||||||
Total Assets | 7.95M | 9.76M | 13.88M | 20.65M | 17.26M | 12.50M |
Cash, Cash Equivalents and Short-Term Investments | 525.64K | 150.73K | 1.82M | 674.70K | 1.75M | 4.07K |
Total Debt | 416.47K | 1.46M | 0.00 | 53.08K | 1.76M | 2.61M |
Total Liabilities | 1.21M | 2.16M | 1.23M | 857.57K | 2.65M | 5.97M |
Stockholders Equity | 6.74M | 7.60M | 12.65M | 19.80M | 14.61M | 6.53M |
Cash Flow | ||||||
Free Cash Flow | -1.83M | -1.91M | -1.62M | -3.34M | -2.38M | -939.63K |
Operating Cash Flow | -1.81M | -1.89M | -1.57M | -1.57M | -2.08M | -827.11K |
Investing Cash Flow | -1.15M | -1.33M | -3.59K | -438.10K | -490.46K | -63.51K |
Financing Cash Flow | 2.08M | 1.41M | 2.71M | 929.33K | 4.34M | 405.85K |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
70 Neutral | ¥168.32B | 10.86 | 6.37% | 3.62% | 3.94% | 6.25% | |
34 Underperform | AU$2.33M | ― | -48.57% | ― | ― | 73.13% | |
$19.14M | ― | -4.79% | ― | ― | ― | ||
$314.13M | 4.94 | 27.43% | ― | ― | ― | ||
$20.29M | ― | -72.81% | ― | ― | ― | ||
42 Neutral | AU$3.51M | ― | -14.99% | ― | ― | 60.71% | |
37 Underperform | AU$52.88M | ― | -13.21% | ― | ― | -66.67% |
Clara Resources Limited, operating in the mining industry, is advancing its Ashford Coking Coal Project with a planned drilling program aimed at upgrading the JORC resource classification and enhancing coal quality data. This initiative is expected to refine mining plans and improve cost accuracy, with fieldwork set to begin in Q2 2025. Additionally, Clara has raised $1.245 million through an entitlement offer and placement to support its capital management strategy. The company is also addressing director loans related to its acquisition of the Ashford Coal Project, with loan extensions agreed upon with key directors.
Mr. Pier Westerhuis has become a substantial holder in Clara Resources Australia Limited, acquiring a 5.87% voting power through direct and indirect holdings of ordinary shares. This development signifies a notable shift in the company’s shareholder structure, potentially impacting its governance and strategic direction.
Clara Resources Australia Limited has announced the issuance of 9,201,085 Ordinary Shares, as per the Appendix 2A lodged on April 3, 2025. This issuance was conducted without disclosure to investors under Part 6D.2 of the Corporations Act, and the company confirms compliance with relevant provisions of the Corporations Act, ensuring there is no excluded information as defined in the Act.
Clara Resources Australia Ltd has announced the application for quotation of 13,403,555 ordinary fully paid securities on the Australian Securities Exchange (ASX) under the code C7A. This move is part of a previously announced transaction and is expected to impact the company’s market presence by increasing the liquidity of its shares, potentially attracting more investors and enhancing its financial flexibility.
Clara Resources Australia Limited has announced a change in the director’s interest in securities. Director Alexander Fitzgerald has increased his indirect interest by acquiring 1,337,537 ordinary shares through an on-market trade, bringing his total holdings to 44,067,327 shares. This transaction reflects a strategic move by the director to increase his stake in the company, potentially signaling confidence in the company’s future prospects.
Clara Resources Australia Limited has announced a change in the director’s interest notice for Peter Westerhuis. The update reveals that Westerhuis has acquired an additional 200,000 ordinary shares at a value of $0.006 per share, increasing his total holdings to 16,106,345 ordinary shares. This change reflects a strategic move in Westerhuis’s investment in the company, potentially indicating confidence in the company’s future performance and operations, particularly in relation to the Ashford Coking Coal Project.
Clara Resources Australia Ltd has announced the cessation of 3,050,000 securities due to the expiry of options or other convertible securities without exercise or conversion. This development may impact the company’s capital structure and could have implications for its financial strategy moving forward.
Clara Resources Australia Limited has announced the cessation of Nicholas Mather as a director, effective March 11, 2025. This change in directorship involves the transfer of his interests, which include 4,854 ordinary shares and 750,000 unlisted options, along with other family-held securities, totaling over 2 million ordinary shares. The announcement may impact the company’s governance structure and influence shareholder perceptions.
Clara Resources Australia Limited, following the resignations of two board members, has restructured its board with Richard Willson as Non-Executive Chairman, Alex Fitzgerald as Non-Executive Director, and Peter Westerhuis as Managing Director and CEO. The company is focused on developing the Ashford project and believes the current board composition is suitable for its current stage of development. In an effort to manage costs, Clara Resources has decided to reduce board remuneration by paying half of the fees in equity, aligning with shareholder interests. This initiative was approved at the recent EGM, and the company is also reviewing the remuneration of the MD & CEO to further align with cost management strategies.
Clara Resources Australia Limited held its 2024 Annual General Meeting, where all resolutions were passed. Key resolutions included the ratification of previous share issues and the approval of share issuances to directors in lieu of salary and under the ANREO shortfall. These approvals indicate strong shareholder support for the company’s strategic decisions and compensation structures, potentially impacting its financial management and director incentives.
Clara Resources Australia Limited, a company listed on the Australian Securities Exchange, announced the resignation of Mr. Nick Mather from his position as a Director, effective immediately. Mr. Mather’s departure marks the end of a significant period of change for the company, as he has served as a non-executive director since December 2006. The Board expressed gratitude for his contributions, and as a result of his resignation, a resolution was removed from the agenda of the General Meeting.
Clara Resources Australia Limited has announced the cessation of Brian Moller as a director, effective March 8, 2025. The company disclosed Moller’s interests in securities, including 3,381,593 ordinary shares and 750,000 unlisted options. This change in directorship may impact the company’s governance and stakeholder relationships, as it involves a significant holder of shares and options.
Clara Resources Australia Limited, listed on the ASX under the ticker C7A, announced the resignation of Mr. Brian Moller from his position as Director, effective immediately. Mr. Moller, who was the founding chairman, played a significant role in the company’s growth, including leading the IPO and several corporate transactions such as the acquisition of the Ashford Coal project. His departure necessitates the removal of a resolution from the agenda of the upcoming General Meeting, indicating a potential shift in the company’s strategic direction.
Clara Resources Australia Limited announced the lodgement of Appendix 3Y forms related to share issues to directors Brian Moller and Richard Willson. This follows their participation in the October 2024 rights issue and the February 2025 retail component of the ANREO. The company acknowledged a delay in lodging these documents due to an administrative oversight and has taken steps to ensure future compliance with ASX listing rules.
Clara Resources Australia Ltd has announced a new application for the quotation of securities on the Australian Securities Exchange (ASX). The company has issued 12,250,346 ordinary fully paid securities, which will be quoted under the ASX code C7A as of February 21, 2025. This move is part of a series of transactions previously announced and aims to enhance liquidity and market presence.
Clara Resources Australia Limited has completed the retail component of its entitlement offer, successfully raising approximately $73,000 at $0.006 per share, contributing to a total of $1.245 million raised across both retail and institutional components. The company is in the process of placing a shortfall of around 144 million shares with institutional and high net worth investors, and the newly issued shares are expected to begin trading on the ASX on February 24, 2025.
Clara Resources Australia Limited has announced a General Meeting scheduled for March 11, 2025, in Brisbane, where shareholders will vote on key resolutions. The agenda includes the removal of Directors Nicholas Mather and Brian Gerry Moller, and the ratification of a previous share issue totaling 70 million shares to professional and sophisticated investors. Stakeholders are encouraged to participate through proxy voting, and outcomes could significantly impact the company’s leadership and equity distribution.