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Dreadnought Resources Limited (DRE) AI Stock Analysis
Dreadnought Resources Limited
(ASX:DRE)
The score is primarily constrained by the company's pre-revenue status, ongoing losses, and negative cash flow. Its low-leverage balance sheet provides meaningful support, but weak valuation fundamentals and bearish technical positioning keep the overall score low.
Dreadnought Resources Limited (DRE) vs. iShares MSCI Australia ETF (EWA)
- Market Cap
- AUD 57.25M
- Dividend Yield
- ―
- Average Volume (3M)
- 4.08M
- Price to Earnings (P/E)
- -50.0
- Beta (1Y)
- 1.46
- Revenue Growth
- ―
- EPS Growth
- 89.58%
- Country
- Australia
- Employees
- 9
- Sector
- Basic Materials
- Sector Strength
- 61
- Industry
- Industrial Materials
Dreadnought Resources Limited Business Overview & Revenue Model
Company Description
Dreadnought Resources Ltd is an Australian company primarily focused on the exploration and development of mineral properties throughout Australia. Established in 2006 and headquartered in Osborne Park, the company seeks a wide range of valuable reso...
Dreadnought Resources Limited Financial Statement Overview
Summary
A strong, low-leverage balance sheet is offset by pre-revenue operations, recurring losses, and sustained negative operating and free cash flow. Improving losses and cash burn provide some support, but the company remains dependent on external funding.
Income Statement
28NegativeBalance Sheet
83Very PositiveCash Flow
38Negative| Breakdown | TTM | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0 | 0 | 0 | 0 | 0 | 0 |
| Gross Profit | -174.80K | -174.80K | -162.70K | -160.00K | -133.00K | -62.11K |
| EBITDA | -3.14M | -3.14M | -2.00M | -6.14M | -5.37M | -1.64M |
| Net Income | -2.62M | -2.62M | -18.88M | -6.32M | -5.52M | -1.74M |
Balance Sheet | ||||||
| Total Assets | 71.31M | 71.31M | 53.25M | 53.40M | 55.36M | 20.58M |
| Cash, Cash Equivalents and Short-Term Investments | 15.72M | 15.72M | 10.20M | 1.46M | 11.68M | 2.65M |
| Total Debt | 74.86K | 74.86K | 126.80K | 143.38K | 177.58K | 207.32K |
| Total Liabilities | 1.54M | 1.54M | 1.22M | 1.36M | 4.52M | 1.52M |
| Stockholders Equity | 69.77M | 69.77M | 52.03M | 52.04M | 50.84M | 19.05M |
Cash Flow | ||||||
| Free Cash Flow | -1.48M | -1.48M | -9,781 | -19.40M | -20.42M | -7.85M |
| Operating Cash Flow | -1.46M | -1.46M | -1,532 | -2.09M | -1.74M | -1.07M |
| Investing Cash Flow | -10.39M | -10.39M | -6,626 | -7.57M | -27.11M | -6.81M |
| Financing Cash Flow | 17.36M | 17.36M | 16.90K | 5.44M | 32.01M | 7.74M |
Dreadnought Resources Limited Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:DRE, the sentiment is Negative. The current price of 0.01 is above the 20-day moving average (MA) of 0.01, below the 50-day MA of 0.01, and below the 200-day MA of 0.02, indicating a neutral trend. The MACD of -0.00 indicates Negative momentum. The RSI at 47.57 is Neutral, neither overbought nor oversold. The STOCH value of -0.00 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:DRE.
Dreadnought Resources Limited Peers Comparison
Overall Rating
AU:NNL44Neutral
AU:OCN44Neutral
AU:ARL43Neutral- AU:DRE43Neutral
AU:E2540Underperform
AU:HAS40Underperform
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:NNL | 44Neutral | AUD 59.12M | -12.29 | -8.65% | ― | ― | 1.22% |
| AU:OCN | 44Neutral | AUD 75.28M | -3.80 | -94.93% | ― | ― | -1766.67% |
| AU:ARL | 43Neutral | AUD 61.52M | -3.94 | -19.42% | ― | ― | -330.91% |
| AU:DRE | 43Neutral | AUD 62.98M | -50.00 | -3.79% | ― | ― | 89.58% |
| AU:E25 | 40Underperform | AUD 67.12M | -24.68 | -2.99% | ― | -100.00% | 70.00% |
| AU:HAS | 40Underperform | AUD 46.86M | -9.47 | -5.52% | ― | ― | 98.14% |
* Basic Materials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| AU:DRE | Dreadnought Resources Limited | 0.01 | -0.02 | -67.74% | |
| AU:ARL | Ardea Resources Ltd. | 0.28 | -0.27 | -49.09% | |
| AU:E25 | Element 25 Limited | 0.20 | -0.10 | -33.90% | |
| AU:HAS | Hastings Technology Metals Limited | 0.20 | -0.34 | -62.25% | |
| AU:OCN | Oceana Lithium Ltd. | 0.26 | 0.08 | 41.67% | |
| AU:NNL | Nordic Nickel Limited | 0.15 | -0.05 | -26.19% |
Dreadnought Resources Limited Corporate Events
Dreadnought Resources Funds Exploration Drive From Cash Reserves
Dreadnought Resources reported a quarterly cash outflow driven primarily by exploration and evaluation spending and associated staff and corporate costs, resulting in net operating cash used of A$2.39 million. Additional investment in exploration and...
Dreadnought Advances Mangaroon Gold Project as Cash Position and Critical Metals Optionality Strengthen
Dreadnought Resources reported solid progress in the September 2026 quarter as it advances its Star of Mangaroon project toward first gold production and grows high-grade resources at Metzke’s Find. The company’s strategy aims to become a...
Dreadnought Wins A$180,000 EIS Grant to Drill High-Grade Nina Tungsten Target
Dreadnought Resources has secured a A$180,000 co-funded reverse circulation drilling grant under Western Australia’s Exploration Incentive Scheme for its Nina Tungsten target at the Mangaroon Project. The funding will support first-pass drillin...
Dreadnought Uncovers Shallow High-Grade Gold at Illaara’s Metzke’s North
Dreadnought Resources has reported shallow, high-grade gold intercepts from a 22-hole reverse circulation drilling program at Metzke’s North, part of its Illaara Gold Project in Western Australia. The results, including an interval of 7 metres...
Dreadnought Resources Files Updated Corporate Governance Statement With ASX
Dreadnought Resources Ltd has lodged its updated corporate governance statement for the year ended 30 June 2026, confirming compliance with key ASX Corporate Governance Council recommendations. The statement, approved by the board as of 15 September...
Dreadnought Resources Releases 2026 Annual Report Detailing Exploration-Focused Operations
Dreadnought Resources Limited has released its 2026 Annual Report, detailing its corporate governance, financial performance and operational status as a West Australian explorer in gold, critical and base metals. The report, supported by audited fina...
Dreadnought Maps 10km Gold and Strong Tungsten Targets at Mangaroon’s Bordah Prospect
Dreadnought Resources has extended gold-in-soil anomalies at its Bordah prospect within the Mangaroon Gold Project to more than 10 km in strike and up to about 2 km in width, well beyond the previously drilled Steve’s Reward lodes. The company...
Dreadnought to Brief Investors on Quarterly Results and Exploration Plans via Webinar
Dreadnought Resources Limited will host a live quarterly webinar for shareholders and InvestorHub members on 9 September 2026 to discuss its recent quarterly results and exploration progress. Managing Director Dean Tuck will outline key developments...
Dreadnought launches major air core drilling push at Illaara gold project
Dreadnought Resources has commenced a ~750-hole, 50,000-metre air core drilling program at its 100%-owned Illaara Gold Project in Western Australia, aiming to accelerate a large-scale gold discovery under its “Finding More Gold, Faster” s...
Dreadnought Advances Yin Rare Earths with Mining Lease Applications at Gifford Creek
Dreadnought Resources has lodged mining, general purpose and miscellaneous lease applications for the Yin rare earth deposits at its Gifford Creek Critical Metals Project in Western Australia. The applications are based on a defined resource of 29.98...
Dreadnought Unveils High-Grade Tungsten Potential at Mangaroon Projects
Dreadnought Resources has identified a significant high-grade tungsten opportunity across its 100%-owned Mangaroon and Mangaroon South projects in Western Australia’s Gascoyne region, confirming scheelite mineralisation with rock chip grades we...
Dreadnought Defines 15km Gold Anomaly at Mangaroon’s Minga Bar Shear
Dreadnought Resources has outlined a ~15km gold-in-soil anomaly along the Minga Bar shear at its Mangaroon Gold Project, linking and extending known targets at Cullen’s Find, Midday Moon and Midnight Star. The anomaly coincides with strong path...
Dreadnought Outlines Extensive Gold Anomalism at Illaara as Drilling Narrows Priority Targets
Dreadnought Resources has reported final assays from a 493-hole, 35,000m first-pass air core drilling program at its 100%-owned Illaara Gold Project in Western Australia, identifying thirteen gold-mineralised corridors stretching roughly 1.5 to more...
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 30, 2026