Want to see AU:ICL full AI Analyst Report?
Iceni Gold Ltd. (ICL) AI Stock Analysis
Iceni Gold Ltd.
(ASX:ICL)
The overall score is driven primarily by very weak financial performance for an early-stage gold explorer with no recurring revenue, widening losses, and chronically negative cash flows, moderated by a conservative, debt-free balance sheet. Technical signals point to a continuing downtrend and high volatility, while the lack of meaningful earnings or dividends keeps valuation support limited, resulting in a low overall stock score.
Iceni Gold Ltd. (ICL) vs. iShares MSCI Australia ETF (EWA)
- Market Cap
- AUD 7.49M
- Dividend Yield
- ―
- Average Volume (3M)
- 297.11K
- Price to Earnings (P/E)
- -0.7
- Beta (1Y)
- 1.59
- Revenue Growth
- ―
- EPS Growth
- -118.69%
- Country
- Australia
- Employees
- 0
- Sector
- Basic Materials
- Sector Strength
- 61
- Industry
- Gold
Iceni Gold Ltd. Business Overview & Revenue Model
Company Description
Iceni Gold Limited specializes in the acquisition, exploration, and development of gold projects. Its primary asset is the extensive 14 Mile Well project, encompassing a vast 850-square-kilometer tenement package. This project comprises seven distinc...
Iceni Gold Ltd. Financial Statement Overview
Summary
Financial performance is weak, with no revenue, widening losses, and persistently negative operating and free cash flows, partly offset by a debt-free balance sheet and solid equity base.
Income Statement
15Very NegativeBalance Sheet
63PositiveCash Flow
40Negative| Breakdown | TTM | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0 | 0 | 291.24K | 142.20K | 0 | 0 |
| Gross Profit | -290 | -290 | 291.24K | 142.20K | -17.12K | -4,544 |
| EBITDA | -1.53M | -1.53M | -3.59M | -952.35K | -1.22M | -1.23M |
| Net Income | -8.37M | -8.37M | -3.49M | -230.02K | -1.30M | -1.32M |
Balance Sheet | ||||||
| Total Assets | 23.81M | 23.81M | 30.85M | 28.32M | 24.96M | 27.33M |
| Cash, Cash Equivalents and Short-Term Investments | 317.23K | 317.23K | 4.35M | 3.45M | 1.16M | 7.95M |
| Total Debt | 0 | 0 | 0 | 247.12K | 823.36K | 1.51M |
| Total Liabilities | 574.27K | 574.27K | 1.29M | 858.45K | 1.34M | 2.41M |
| Stockholders Equity | 23.23M | 23.23M | 29.56M | 27.46M | 23.62M | 24.92M |
Cash Flow | ||||||
| Free Cash Flow | -474.12K | -474.12K | -7.79M | -3.11M | -6.03M | -12.68M |
| Operating Cash Flow | -445.32K | -445.32K | -1.38M | -502.23K | -1.14M | -1.30M |
| Investing Cash Flow | -5.01M | -5.01M | -2.82M | -458.96K | -4.97M | -11.38M |
| Financing Cash Flow | 1.55M | 1.55M | 5.10M | 3.25M | -684.86K | 3.11M |
Iceni Gold Ltd. Technical Analysis
Price Trends
Market Momentum
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 0.02 is below the 20-day moving average (MA) of 0.02, below the 50-day MA of 0.02, and below the 200-day MA of 0.03, indicating a neutral trend. The MACD of -0.00 indicates Negative momentum. The RSI at 45.48 is Neutral, neither overbought nor oversold. The STOCH value of 300.00 is Negative, 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
AU:NAG47.8Neutral
AU:PGD43Neutral- AU:ICL42.1Neutral
AU:KAL42Neutral
AU:FG141Neutral
AU:BNR40Underperform
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:NAG | 48Neutral | AUD 15.41M | -6.67 | -10.90% | ― | -2.10% | 21.74% |
| AU:PGD | 43Neutral | AUD 14.79M | -3.58 | -55.21% | ― | -100.00% | -8.36% |
| AU:ICL | 42Neutral | AUD 7.49M | -0.73 | -31.65% | ― | ― | -118.69% |
| AU:KAL | 42Neutral | AUD 9.39M | -4.10 | -9.75% | ― | ― | 32.76% |
| AU:FG1 | 41Neutral | AUD 8.50M | -1.48 | -201.09% | ― | ― | 41.73% |
| AU:BNR | 40Underperform | AUD 8.81M | -14.21 | -3.57% | ― | ― | -132.20% |
* Basic Materials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| AU:ICL | Iceni Gold Ltd. | 0.02 | -0.04 | -70.00% | |
| AU:BNR | Bulletin Resources Limited | 0.03 | -0.02 | -45.83% | |
| AU:NAG | Nagambie Resources Limited | 0.01 | -0.00 | -14.29% | |
| AU:KAL | Kalgoorlie Gold Mining Limited | 0.01 | -0.04 | -75.00% | |
| AU:FG1 | Flynn Gold Ltd. | 0.01 | -0.01 | -45.45% | |
| AU:PGD | Peregrine Gold Ltd. | 0.13 | -0.10 | -44.68% |
Iceni Gold Ltd. Corporate Events
Iceni Gold Sets November AGM and Pushes Electronic Engagement with Shareholders
Iceni Gold Limited has scheduled its Annual General Meeting of shareholders for 10 November 2026 in West Perth, Western Australia, and has released the associated notice of meeting, letter to shareholders and a sample proxy form. The company is shift...
Iceni Gold Tightens Focus on Gander Fault After New Goose Well Results
Iceni Gold has reported multi-element geochemical results from diamond drillhole FMDD0058 at the Goose Well target within its 14 Mile Well Gold Project, reinforcing the emerging geological model around the Gander Fault. The drilling intersected a bro...
Iceni Gold Files ASX Governance Appendix, Confirms Board-Approved Framework
Iceni Gold Ltd., an ASX-listed gold company, has detailed its corporate governance framework in line with ASX Listing Rules and Corporate Governance Council recommendations. The company highlights a board-centric governance structure, written appoint...
Iceni Gold Confirms Regulatory Compliance for New Share Issue
Iceni Gold Ltd. has lodged an Appendix 2A with the ASX for the quotation of new fully paid ordinary shares, and has issued these shares without a prospectus under the disclosure exemptions in the Corporations Act. The company confirms it is in full c...
Iceni Gold Issues Shares for Services and Seeks ASX Quotation
Iceni Gold Limited has applied to the ASX for quotation of 4,744,405 new ordinary fully paid shares, issued on 3 September 2026. These shares were issued in lieu of cash as consideration for services, indicating the company is using equity to settle...
Iceni Gold Defines Broad New Gold Zone and Refines Strategy at Goose Well
Iceni Gold has reported a new broad zone of gold mineralisation at its priority Goose Well target within the 14 Mile Well Gold Project, intersected in maiden diamond drillhole FMDD0058 along the Gander Fault. The hole returned a sizeable low-grade mi...
Iceni Gold and Gold Fields Launch Major Drilling at Everleigh Project
Iceni Gold Ltd. has outlined its role as initial manager in a newly commenced farm-in with Gold Fields over the Everleigh project, part of its 14 Mile Well Gold Project in Western Australia. The arrangement allows Iceni to push ahead at Everleigh whi...
Iceni Gold Issues 16.1 Million Unquoted Options to Support Future Growth
Iceni Gold Ltd. has notified the market of the issue of 16,125,000 unquoted options, each exercisable at $0.04 and expiring on August 12, 2028. The options, forming part of previously flagged transactions, are not intended to be quoted on the ASX, in...
Iceni Gold Confirms Compliance on New ASX Share Quotation
Iceni Gold Ltd. has lodged an Appendix 2A with the ASX for the quotation of newly issued fully paid ordinary shares and has notified investors that these shares were issued without a disclosure document under the relevant fundraising provisions of th...
Iceni Gold Seeks ASX Quotation for 32.25 Million New Shares
Iceni Gold Ltd. has applied to the ASX for quotation of 32,250,000 new ordinary fully paid shares under its existing ticker ICL. The securities were issued as part of previously announced transactions, and their quotation will expand the company̵...
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: Sep 25, 2026