Octava Minerals Ltd. (AU:OCT)
ASX:OCT
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Octava Minerals Ltd.
(Sydney:OCT)
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Rating:42Neutral
Price Target:
AU$0.02
▼(-40.00% Downside)
Action:Upgraded
Date:06/06/26
The score is primarily held back by very weak financial performance (near-zero and declining revenue, persistent losses, and substantial ongoing cash burn) and bearish technicals (downtrend across key moving averages with negative MACD and very weak RSI). A low-debt balance sheet provides some risk reduction, but not enough to offset the operating and momentum weakness.
Positive Factors
Low leverage (zero debt)
Zero debt materially reduces insolvency and interest-rate risk, giving management runway to pursue exploration and development choices without immediate debt servicing. This durable structural advantage preserves optionality for capital raises and shields operations during cyclic commodity markets.
Negative Factors
Collapsed revenue base
Revenue has effectively evaporated, demonstrating no stable commercial foundation and leaving a sole reliance on capital markets and equity to fund operations. Over the medium term this undermines project economics, makes fixed costs harder to cover, and increases risk of dilution or program curtailment.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage (zero debt)
Zero debt materially reduces insolvency and interest-rate risk, giving management runway to pursue exploration and development choices without immediate debt servicing. This durable structural advantage preserves optionality for capital raises and shields operations during cyclic commodity markets.
Read all positive factors
Octava Minerals Ltd. (OCT) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$2.99M
Dividend YieldN/A
Average Volume (3M)848.08K
Price to Earnings (P/E)―
Beta (1Y)1.52
Revenue GrowthN/A
EPS Growth72.77%
CountryAU
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryOther Precious Metals
Share Statistics
EPS (TTM)-0.01
Shares Outstanding119,515,720
10 Day Avg. Volume1,174,527
30 Day Avg. Volume848,080
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)0.53
Price to Sales (P/S)1364.60
P/FCF Ratio-1.07
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Octava Minerals Ltd. Business Overview & Revenue Model
Company Description
Octava Minerals Limited, an Australian company founded in 2020 and based in Subiaco, is actively engaged in the search for various mineral deposits throughout Western Australia. Formerly known as 8 AU Limited until its name change in February 2022...
How the Company Makes Money
null...
Octava Minerals Ltd. Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
62
Positive
Cash Flow
24
Negative
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | -21.08K | 1.46K | 200.00K | 400.00K | 0.00 | 0.00 |
| Gross Profit | -21.08K | 1.46K | 200.00K | 400.00K | 0.00 | 0.00 |
| EBITDA | -1.11M | -944.12K | -797.64K | -752.73K | -790.29K | -522.21K |
| Net Income | -821.19K | -2.44M | -797.64K | -752.73K | -1.52M | -522.21K |
Balance Sheet | ||||||
| Total Assets | 5.09M | 3.86M | 5.14M | 5.84M | 336.95K | 281.27K |
| Cash, Cash Equivalents and Short-Term Investments | 1.74M | 1.12M | 1.48M | 3.36M | 113.78K | 24.38K |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 100.00K |
| Total Liabilities | 134.51K | 74.37K | 64.14K | 106.92K | 570.90K | 238.08K |
| Stockholders Equity | 4.96M | 3.78M | 5.07M | 5.73M | -233.95K | 43.19K |
Cash Flow | ||||||
| Free Cash Flow | -1.39M | -1.87M | -1.87M | -2.34M | -961.88K | -621.02K |
| Operating Cash Flow | -992.65K | -871.83K | -779.60K | -855.46K | -961.88K | -394.20K |
| Investing Cash Flow | -542.18K | -592.88K | -1.09M | -1.48M | 0.00 | -246.82K |
| Financing Cash Flow | 1.46M | 1.10M | 0.00 | 5.58M | 1.05M | 665.40K |
Octava Minerals Ltd. Technical Analysis
Negative
0.04
Price Trends
0.03
Negative
0.04
Negative
0.05
Negative
Market Momentum
>-0.01
Positive
13.80
Positive
-33.73
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:OCT, the sentiment is Negative. The current price of 0.04 is above the 20-day moving average (MA) of 0.03, above the 50-day MA of 0.03, and below the 200-day MA of 0.05, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 13.80 is Positive, neither overbought nor oversold. The STOCH value of -33.73 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:OCT.
Octava Minerals Ltd. Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
49 Neutral | AU$11.14M | -2.96 | -187.99% | ― | 690.64% | 38.18% | |
46 Neutral | AU$5.94M | 0.36 | 32.02% | ― | ― | -78.26% | |
44 Neutral | AU$6.26M | -1.49 | -171.67% | ― | ― | 17.53% | |
42 Neutral | AU$2.99M | -2.77 | -18.79% | ― | ― | 72.77% | |
42 Neutral | AU$4.72M | -2.72 | -22.16% | ― | ― | 4.76% | |
| ― | AU$5.80M | -0.54 | -119.59% | ― | ― | 20.68% |
* Basic Materials Sector Average
AU:OCT
Octava Minerals Ltd.
0.03
-0.01
-28.57%
AU:AVW
Avira Resources Ltd
0.01
0.00
0.00%
AU:ALV
Alvo Minerals Limited
0.04
<0.01
2.63%
AU:ABR
Bryah Resources Ltd.
0.01
-0.01
-50.00%
AU:ATT
Copper Search Ltd.
0.01
>-0.01
-23.53%
AU:M3M
M3 Mining Ltd.
0.03
<0.01
50.00%
Octava Minerals Ltd. Corporate Events
Octava Minerals Advances Byro and Federation Projects with Maiden Drilling Campaigns
Apr 29, 2026
Octava Minerals reported a busy March quarter, highlighted by completion of a maiden air-core drilling program at its Byro Critical Minerals Project in Western Australia, targeting mineralised Permian black shales over a 10km by 8km area to depths...
Octava Minerals Strikes Significant Polymetallic Intercepts at Federation Project
Apr 28, 2026
Octava Minerals has completed the first drilling campaign in nearly 50 years at its Federation Project in western Tasmania, targeting the Sweeney’s and Anomaly 1 polymetallic prospects. The program comprised eight diamond drill holes totalli...
Octava Minerals Issues New Shares and Long-Dated Performance Rights
Apr 7, 2026
Octava Minerals has notified the market of the issue of 8,506,413 new fully paid ordinary shares and 2,000,000 unquoted performance rights, both dated 2 April 2026. The move expands the company’s capital base and introduces a new class of lo...
Octava Minerals Completes Acquisition of Byro Critical Minerals Project
Apr 7, 2026
Octava Minerals has completed the acquisition of 100% of the Byro Critical Minerals Project in Western Australia following shareholder approval, issuing more than 8.5 million ordinary shares and 2 million performance rights to the vendors, all sub...
Octava Wins Strong Shareholder Support for Byro Mining Acquisition
Mar 25, 2026
Octava Minerals Ltd has confirmed that all resolutions put to shareholders at its latest general meeting were passed by poll. The key resolution, approving the acquisition of Byro Mining Pty Ltd, received 99.84% support, paving the way for Octava ...
Octava Minerals Files Half-Year Financial Report for December 2025
Mar 13, 2026
Octava Minerals Ltd has released its financial report for the half-year ended 31 December 2025, providing investors with an update on the company’s financial position and performance. The report, authorised by the company secretary on behalf...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
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.