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Iceni Gold Ltd. (AU:ICL)
ASX:ICL
Australian Market

Iceni Gold Ltd. (ICL) AI Stock Analysis

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AU

Iceni Gold Ltd.

(Sydney:ICL)

47Neutral
Iceni Gold Ltd. shows potential with recent revenue growth, but its profitability and cash flow management remain challenging. The technical analysis indicates a bearish trend, and valuation metrics reflect high risk due to the company's losses. These factors contribute to a cautious overall stock score.

Iceni Gold Ltd. (ICL) vs. S&P 500 (SPY)

Iceni Gold Ltd. Business Overview & Revenue Model

Company DescriptionIceni Gold Ltd. (ICL) is a mineral exploration company focused on the discovery and development of gold resources. The company operates within the mining and exploration sector, primarily targeting prospective gold deposits in Australia. Iceni Gold is committed to identifying high-potential gold projects and advancing them through exploration and development stages.
How the Company Makes MoneyIceni Gold Ltd. generates revenue primarily through the exploration and potential development of gold resources. The company's revenue model is centered around discovering economically viable gold deposits, which can then be sold, joint ventured, or developed into mining operations. Key revenue streams include capital raised from investors for exploration activities and potential revenue from selling or partnering on successful gold projects. The company may also benefit from partnerships with other mining companies to share the costs and risks associated with exploration. Additionally, Iceni Gold could generate income from any future gold production if exploration leads to the establishment of a mining operation.

Iceni Gold Ltd. Financial Statement Overview

Summary
Income Statement
Balance Sheet
Cash Flow
Breakdown
Jun 2024Jun 2023Jun 2022Jun 2021
Income StatementTotal Revenue
142.20K0.000.000.00
Gross Profit
142.20K-17.12K-4.54K-757.00
EBIT
-903.31K-1.27M-1.23M-2.38M
EBITDA
-952.35K-1.17M-1.16M-2.38M
Net Income Common Stockholders
-230.02K-1.30M-1.32M-2.39M
Balance SheetCash, Cash Equivalents and Short-Term Investments
3.45M1.16M7.95M17.52M
Total Assets
28.32M24.96M27.33M25.25M
Total Debt
247.12K823.36K1.51M423.39K
Net Debt
-3.05M-187.86K-6.29M-16.94M
Total Liabilities
858.45K1.34M2.41M1.04M
Stockholders Equity
27.46M23.62M24.92M24.21M
Cash FlowFree Cash Flow
-3.11M-6.03M-12.68M-3.95M
Operating Cash Flow
-502.23K-1.14M-1.30M-1.24M
Investing Cash Flow
-458.96K-4.97M-11.38M-2.86M
Financing Cash Flow
3.25M-684.86K3.11M21.47M

Iceni Gold Ltd. Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.06
Price Trends
50DMA
0.07
Negative
100DMA
0.07
Negative
200DMA
0.06
Negative
Market Momentum
MACD
>-0.01
Positive
RSI
40.38
Neutral
STOCH
33.88
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:ICL, the sentiment is Negative. The current price of 0.06 is below the 20-day moving average (MA) of 0.07, below the 50-day MA of 0.07, and below the 200-day MA of 0.06, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 40.38 is Neutral, neither overbought nor oversold. The STOCH value of 33.88 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:ICL.

Iceni Gold Ltd. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (49)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
AUNST
78
Outperform
$21.93B23.2111.01%2.66%25.11%28.88%
AUBCN
59
Neutral
AU$109.89M10.83-12.54%-10.63%-166.67%
49
Neutral
$1.95B-1.37-21.20%3.73%0.84%-29.84%
AUICL
47
Neutral
AU$17.55M-5.25%11.54%
AUMAT
34
Underperform
€46.91M-22.60%57.94%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:ICL
Iceni Gold Ltd.
0.06
0.04
200.00%
AU:NST
Northern Star Resources Ltd
19.17
5.08
36.01%
AU:BCN
Beacon Minerals
0.03
0.00
0.00%
AU:MAT
Matsa Resources Limited
0.06
0.03
88.24%

Iceni Gold Ltd. Corporate Events

Iceni Gold Advances Exploration at 14 Mile Well Project
Apr 29, 2025

Iceni Gold Limited reported significant progress in its exploration activities at the 14 Mile Well Gold Project during the quarter ending March 31, 2025. The company initiated a major RC drilling campaign at the Guyer site, part of a $35 million Farm-In Agreement with Gold Road Resources. The drilling results confirmed extensive gold mineralization within the granodiorite host, supporting a large mineralized area. Additionally, a diamond drilling program and a high-resolution ground gravity survey commenced post-quarter. These developments are expected to enhance Iceni’s exploration capabilities and potentially increase gold discovery prospects, strengthening its position in the gold exploration industry.

Iceni Gold Initiates Extensive Gravity Survey at Guyer Prospect
Apr 16, 2025

Iceni Gold Ltd. has commenced a high-resolution ground gravity survey at the Guyer Prospect, part of its 14 Mile Well Gold Project. This survey, covering a 5km by 2.5km area, aims to map bedrock geology and identify structural controls that may influence gold mineralization. The initiative is part of a $35 million exploration farm-in agreement with Gold Road Resources, with Iceni managing the ongoing exploration program.

Iceni Gold Expands Guyer Prospect with Promising Drill Results
Apr 15, 2025

Iceni Gold Limited has announced promising initial results from its RC drilling program at the Guyer Prospect within its 14 Mile Well Gold Project. The drilling has confirmed and expanded the gold mineralization footprint, indicating a significant gold system within the granodiorite host rock. The results support further exploration, including a planned diamond drilling campaign, which aims to refine the structural framework and target high-grade zones. This development is part of a $35 million farm-in agreement with Gold Road Resources, highlighting the project’s potential impact on Iceni’s operations and its strategic positioning in the gold mining sector.

Iceni Gold Ltd. Initiates Diamond Drilling at Everleigh Deeps
Apr 2, 2025

Iceni Gold Ltd. has commenced diamond drilling at the Everleigh Deeps within its 14 Mile Well Gold Project, aiming to extend a previously drilled hole to evaluate a deep buried granite body. This drilling is expected to enhance understanding of the geological model and potentially uncover significant gold mineralization. The project is strategically located near the Castlemaine Fault, a known area for hydrothermal activity, and is part of a broader exploration strategy that includes the Guyer trend, supported by a Farm-In agreement with Gold Road Resources. The outcomes of this drilling could significantly impact the company’s exploration priorities and resource development strategies.

Iceni Gold Ltd. Successfully Passes All Resolutions at General Meeting
Feb 26, 2025

Iceni Gold Ltd. announced that all resolutions were passed at their recent general meeting of shareholders. The successful ratification of prior issues of subscription securities and shares for drilling services indicates strong shareholder support, potentially enhancing the company’s operational capabilities and market positioning.

Iceni Gold Launches Major Drilling Campaign at 14 Mile Well Project
Feb 11, 2025

Iceni Gold Limited has commenced a major Reverse Circulation (RC) drilling program at the Guyer prospect within its 14 Mile Well Project. This 11,000-meter drilling initiative aims to evaluate the primary gold mineralization beneath a significant bedrock gold anomaly previously identified by aircore drilling. The project, part of a $35 million farm-in agreement with Gold Road Resources, seeks to outline robust targets for further exploration. The initial phase of drilling is expected to conclude in February, with the first gold assay results anticipated in March, potentially marking a notable discovery in the Leonora-Laverton district.

Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

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.