Enova Mining Limited AI Stock Analysis
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Enova Mining Limited (ENV) AI Stock Analysis
Enova Mining Limited
(ASX:ENV)
Weak financial performance driven by zero revenue, persistent losses and negative cash flows is the primary factor suppressing the score, with unattractive valuation from negative P/E providing further downside. Limited technical indicators offer no meaningful offset.
Enova Mining Limited (ENV) vs. iShares MSCI Australia ETF (EWA)
Not enough price history over this period.
- Market Cap
- AUD 2.37M
- Dividend Yield
- ―
- Average Volume (3M)
- ―
- Price to Earnings (P/E)
- -1.4
- Beta (1Y)
- 0.19
- Revenue Growth
- ―
- EPS Growth
- 58.82%
- Country
- Australia
- Employees
- 3
- Sector
- Basic Materials
- Sector Strength
- 61
- Industry
- Industrial Materials
Enova Mining Limited Business Overview & Revenue Model
Company Description
Operating in Australia, Enova Mining Limited focuses on the exploration for rare earth elements (REE). Its principal undertaking is the Charley Creek REE project, a substantial area spanning 110 kilometers within the Northern Territory. Beyond this f...
Enova Mining Limited Financial Statement Overview
Summary
Severe income statement weaknesses with zero revenue and persistent losses, weak cash flows showing ongoing burn, offset partially by a stable debt-free balance sheet with growing equity.
Income Statement
10Very NegativeBalance Sheet
60NeutralCash Flow
20Very Negative| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0 | 0 | 0 | 10.82K | 1,526 | 0 |
| Gross Profit | -9,027 | -7,027 | -6,852 | 10.82K | -2,710 | -4,236 |
| EBITDA | -1.32M | -1.57M | -6.76M | -387.04K | -134.50K | -131.84K |
| Net Income | -1.29M | -1.57M | -6.77M | -388.34K | -164.42K | -171.18K |
Balance Sheet | ||||||
| Total Assets | 12.05M | 10.88M | 9.58M | 5.98M | 4.86M | 4.60M |
| Cash, Cash Equivalents and Short-Term Investments | 723.00K | 189.87K | 133.21K | 939.06K | 226.20K | 64.64K |
| Total Debt | 0 | 0 | 0 | 0 | 0 | 385.30K |
| Total Liabilities | 128.00K | 384.62K | 77.81K | 36.23K | 35.78K | 448.78K |
| Stockholders Equity | 11.93M | 10.49M | 9.50M | 5.94M | 4.83M | 4.15M |
Cash Flow | ||||||
| Free Cash Flow | -933.29K | -1.11M | -1.31M | -787.14K | -273.46K | -234.47K |
| Operating Cash Flow | -933.29K | -1.11M | -718.99K | -419.76K | -114.49K | -127.86K |
| Investing Cash Flow | -1.57M | -1.13M | -4.44M | -367.38K | -158.97K | -106.61K |
| Financing Cash Flow | 2.78M | 2.30M | 4.35M | 1.50M | 435.02K | 250.03K |
Enova Mining Limited Peers Comparison
Overall Rating
AU:MHK64Neutral
AU:M2455Neutral
AU:CTN47Neutral
AU:ENV42Neutral
AU:MIO34Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| 64Neutral | AUD 14.24M | -23.81 | -6.76% | ― | ― | 95.60% | |
| Sector * | 61Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% |
| 55Neutral | AUD 29.39M | -21.36 | -11.60% | ― | ― | 82.11% | |
| 47Neutral | AUD 14.77M | -3.90 | -20.84% | ― | ― | 57.93% | |
| 42Neutral | AUD 4.16M | -1.43 | -11.55% | ― | ― | 58.82% | |
| 34Underperform | AUD 8.31M | -3.10 | -3.52% | ― | ― | 65.52% |
* Basic Materials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| AU:ENV | Enova Mining Limited | ― | ― | ― | |
| AU:OB1 | Woomera Mining Ltd. | 0.01 | -0.01 | -47.37% | |
| AU:MHK | Metal Hawk Ltd. | 0.10 | -0.03 | -19.23% | |
| AU:CTN | Shree Minerals Limited | 0.06 | 0.01 | 30.43% | |
| AU:M24 | Mamba Exploration Ltd. | 0.05 | 0.03 | 200.00% | |
| AU:MIO | Macarthur Minerals Ltd. | 0.02 | -0.04 | -62.07% |
Enova Mining Limited Corporate Events
Enova Director Increases Shareholding Through Rights Issue
Enova Mining Limited disclosed that director Eric Vesel acquired 13,615,654 fully paid ordinary shares through the company’s rights issue for consideration of $13,615. His direct shareholding increased from 54,462,618 to 68,078,272 shares, while his...
Enova Mining Amends Security Consolidation Ratio to 25-for-One
Enova Mining Limited is an ASX-listed company, but this update does not describe its industry, products or market focus. The company amended its previously announced security consolidation ratio to 25-for-one, meaning every 25 affected ordinary share...
Enova Applies to Quote Nearly 95 Million New Shares
Enova Mining Limited applied to have 94,785,949 fully paid ordinary shares quoted on the ASX under the ticker ENV, with the securities issued on November 4, 2026. The shares relate to transactions previously announced to the market, increasing Enova’...
Enova Raises $495,152 in Entitlement Offer
Enova Mining is an Australian mining exploration company focused on critical metals and sustainable-resource opportunities. Its portfolio includes the Naked Hill Project and the Caraúbas Monazite Project, with exploration and project generation suppo...
Enova Mining advances rare earth portfolio with strong drilling results and Brazilian expansion
Enova Mining reported an active September quarter across its Brazilian and Australian rare earth projects, highlighting extensive drilling and sampling at the East Salinas Project’s Naked Hill-Bald Hill complex and ongoing auger campaigns at Santo An...
Enova Mining Launches Pro-Rata Entitlement Offer to Shareholders
Enova Mining Limited has commenced a pro-rata non-renounceable entitlement offer to its shareholders, issuing one new share for every four shares held at a price of $0.001 per share. Offer documents have been dispatched to eligible shareholders, mark...
Enova Mining Confirms Compliance on New ASX Securities Issuance
Enova Mining Limited has notified the ASX that it has issued new securities without a prospectus or other disclosure document, relying on provisions of the Corporations Act 2001 that permit such issuance under certain conditions. The company confirme...
Enova Mining Seeks ASX Quotation for 297 Million New Shares
Enova Mining Limited has applied to the Australian Securities Exchange for quotation of 297,000,000 ordinary fully paid shares under its ENV ticker. The application, lodged as a new announcement on September 30, 2026, formalizes the move to have thes...
Enova Mining Launches Rights Issue to Raise Capital
Enova Mining Limited has launched a pro-rata non-renounceable rights issue, offering shareholders one new share for every four held at an issue price of $0.001 to raise approximately $495,152 before costs. Eligible shareholders may take up all or par...
Enova Mining Launches Speculative Entitlement Offer to Raise Capital
Enova Mining Limited has launched a pro rata non-renounceable entitlement offer to its eligible shareholders, allowing them to subscribe for one new share for every four existing shares held at an issue price of $0.001 per share. The offer seeks to r...
Enova Mining Lifts Option Volume in Updated ASX Securities Issue
Enova Mining Limited has lodged an updated notice with the ASX detailing a proposed issue of securities via a placement or similar capital-raising mechanism. The update confirms that the volume of options to be issued has been increased in line with...
Enova Mining launches pro-rata entitlement offer to raise $495,000
Enova Mining Limited has announced a non-renounceable pro-rata entitlement offer, giving eligible shareholders one new fully paid ordinary share for every four shares held on 28 September 2026 at an issue price of $0.001 per share. The offer aims to...
Enova Mining Expands ASX Placement After Strong Investor Demand
Enova Mining Limited, an Australian resources company listed on the ASX under ticker ENV, is engaged in mining and exploration activities funded through capital market placements. The company targets investors seeking exposure to the mining sector an...
Enova Mining Raises $2 Million to Advance Critical Metals Projects
Enova Mining Limited has expanded its recent capital raising, securing an additional $500,000 in binding commitments on top of the previously announced $1.5 million, bringing the total placement to $2 million. The unbrokered placement will involve is...
Enova Mining Plans Major Option Issue to Bolster Future Funding
Enova Mining Limited has notified the ASX of a proposed issue of up to 750 million options, exercisable at $0.0025 each and expiring on 31 December 2029, as part of a placement or similar capital raising transaction. The options are expected to be is...
Enova Mining Announces Major Pro Rata Share Issue on ASX
Enova Mining Limited, an Australia-listed mining company trading under the ASX code ENV, operates in the resources sector with ordinary fully paid shares as its primary listed securities. The company uses equity markets to fund exploration, developme...
Enova Mining Plans Major Share Placement to Raise Capital
Enova Mining Limited has notified the ASX of a proposed placement of up to 297 million new ordinary fully paid shares. The securities are expected to be issued on 29 September 2026, with the company applying for their quotation in line with ASX Listi...
Enova Mining Secures Option Over Brazilian Rare Earths Project and Raises Capital
Enova Mining Ltd has secured a low-cost exclusive option to acquire 100% of the Caraúbas Monazite Project in ParaÃba, north-eastern Brazil, comprising nine granted exploration licences over 17,796 hectares in the Borborema Geological Province, a regi...
Enova Mining Halts Trading Ahead of Capital Raising and Project Deal
Enova Mining Limited has requested and received a trading halt on its securities from the ASX, with the halt to remain in place until either an upcoming announcement is released or normal trading resumes on Wednesday, 16 September 2026. The company s...
Enova Mining Narrows Half-Year Loss as Exploration Portfolio Expands
Enova Mining Limited reported a reduced half-year loss for the period ended 30 June 2026, with the group’s net loss narrowing to $790,000 from $1.07 million a year earlier as revenues from ordinary activities rose 40% to $14,000. No dividends were de...
Enova Mining Posts Strong NdPr Recoveries at Brazilian Rare Earth Project
Enova Mining has reported initial metallurgical test results from the Poços de Caldas rare earth project in Brazil, showing neodymium-praseodymium recoveries averaging 71 percent and peaking at 79 percent from saprolite samples. Total rare earth oxid...
Enova Mining Appoints Hall Chadwick Melbourne Audit as New External Auditor
Enova Mining Limited has announced a change in its external auditor, appointing Hall Chadwick Melbourne Audit effective 20 August 2026 as part of an audit rotation process. The company’s former auditor, John F Shute – Chartered Accountant, has resign...
Enova Mining Accelerates Rare Earth Drilling at Naked Hill Project in Brazil
Enova Mining has completed 35 drill holes and 1,172 metres of drilling at the Naked Hill–Bald Hill complex in Brazil, including 19 auger holes from its current July–August 2026 campaign. The company has dispatched more than 150 samples for assay and...
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: Nov 05, 2026
