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Octava Minerals Ltd. (OCT) AI Stock Analysis
Octava Minerals Ltd.
(ASX:OCT)
The overall score is very low, driven primarily by the company's weak financial performance as a pre-revenue explorer with significant cash burn. This is compounded by a bearish technical trend with the stock trading below key moving averages and a negative P/E ratio that underscores its lack of profitability. The debt-free balance sheet is the only mitigating factor, preventing a score at the absolute floor.
Octava Minerals Ltd. (OCT) vs. iShares MSCI Australia ETF (EWA)
- Market Cap
- AUD 2.39M
- Dividend Yield
- ―
- Average Volume (3M)
- 397.82K
- Price to Earnings (P/E)
- -0.7
- Beta (1Y)
- 0.73
- Revenue Growth
- ―
- EPS Growth
- 48.78%
- Country
- Australia
- Employees
- 0
- Sector
- Basic Materials
- Sector Strength
- 61
- Industry
- Other Precious Metals
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, t...
Octava Minerals Ltd. Financial Statement Overview
Summary
Financial performance is weak, typical of a pre-revenue explorer. The debt-free balance sheet provides some stability, but this is overshadowed by zero revenue, widening net losses, and significant negative free cash flow that is rapidly eroding equity.
Income Statement
5Very NegativeBalance Sheet
45NeutralCash Flow
20Very Negative| Breakdown | TTM | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0 | 0 | 1,459 | 200.00K | 400.00K | 0 |
| Gross Profit | 0 | 0 | 1,459 | 200.00K | 400.00K | 0 |
| EBITDA | -1.07M | -1.07M | -944.12K | -797.64K | -752.73K | -790.28K |
| Net Income | -2.65M | -2.65M | -2.44M | -797.64K | -752.73K | -1.52M |
Balance Sheet | ||||||
| Total Assets | 3.03M | 3.03M | 3.86M | 5.14M | 5.84M | 336.95K |
| Cash, Cash Equivalents and Short-Term Investments | 356.01K | 356.01K | 1.12M | 1.48M | 3.36M | 113.78K |
| Total Debt | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 88.80K | 88.80K | 74.37K | 64.14K | 106.92K | 570.90K |
| Stockholders Equity | 2.95M | 2.95M | 3.78M | 5.07M | 5.73M | -233.95K |
Cash Flow | ||||||
| Free Cash Flow | -989.42K | -2.47M | -1.87M | -1.87M | -2.34M | -961.88K |
| Operating Cash Flow | -939.42K | -939.42K | -871.83K | -779.60K | -855.46K | -961.88K |
| Investing Cash Flow | -1.22M | -1.22M | -592.88K | -1.09M | -1.48M | 0 |
| Financing Cash Flow | 1.40M | 1.40M | 1.10M | 0 | 5.58M | 1.05M |
Octava Minerals Ltd. Technical Analysis
Price Trends
Market Momentum
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 0.02 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 45.09 is Neutral, neither overbought nor oversold. The STOCH value of 100.00 is Negative, 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
Overall Rating
AU:ALV53Neutral
AU:ABR44Neutral
AU:M3M40Underperform- AU:OCT40Underperform
AU:AVW37Underperform
AU:ATT35.5Underperform
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:ALV | 53Neutral | AUD 22.65M | -4.38 | -238.43% | ― | 390.93% | 50.65% |
| AU:ABR | 44Neutral | AUD 4.66M | -0.45 | -66.36% | ― | ― | -42.31% |
| AU:M3M | 40Underperform | AUD 3.97M | -1.83 | -77.64% | ― | ― | 63.51% |
| AU:OCT | 40Underperform | AUD 2.39M | -0.69 | -67.06% | ― | ― | 48.78% |
| AU:AVW | 37Underperform | AUD 3.45M | -2.14 | -17.83% | ― | ― | 31.71% |
| AU:ATT | 36Underperform | AUD 1.54M | -0.54 | -119.59% | ― | ― | 49.67% |
* Basic Materials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| AU:OCT | Octava Minerals Ltd. | 0.02 | -0.04 | -70.91% | |
| AU:AVW | Avira Resources Ltd | 0.01 | 0.00 | 0.00% | |
| AU:ALV | Alvo Minerals Limited | 0.07 | 0.04 | 139.29% | |
| AU:ABR | Bryah Resources Ltd. | ― | ― | ― | |
| AU:ATT | Copper Search Ltd. | 0.01 | -0.02 | -66.67% | |
| AU:M3M | M3 Mining Ltd. | 0.02 | -0.02 | -52.50% |
Octava Minerals Ltd. Corporate Events
Octava Minerals sets November date for AGM and streamlines meeting communications
Octava Minerals has called its Annual General Meeting for 27 November 2026 at HLB Mann Judd’s offices in Perth, with proceedings scheduled to begin at 10:30am AWST. The company has dispatched notices and proxy forms to shareholders and made ful...
Octava Minerals Secures Funding and Fluorspar Option as Byro Target Grows
Octava Minerals has signed a binding conditional agreement giving it the option to acquire up to 100% of Aybull S.A., owner of the West Sierra Grande Fluorspar Project in Argentina, a 400km2 landholding that includes four historic fluorspar mines in...
Octava Minerals Publishes 2026 Annual Report and Highlights Diversified Exploration Portfolio
Octava Minerals has released its 2026 Annual Report to the market, providing shareholders with an overview of its financial position and progress across its exploration portfolio. The report, authorised by Company Secretary Mark Pitts, is a key discl...
Octava Minerals Sets Out 2026 Corporate Governance Framework
Octava Minerals Ltd. has released its 2026 Corporate Governance Statement and accompanying Appendix 4G, detailing how it aligns with the ASX Corporate Governance Council’s principles and recommendations. The statement, current as of 30 June 202...
Octava Minerals Secures ASX Waiver to Advance Shareholder Security Purchase Plan
Octava Minerals has detailed plans for a capital raising structure comprising a two-tranche placement of up to approximately $1.8 million and a security purchase plan to raise up to $500,000, offering eligible shareholders up to $30,000 of shares at...
Octava Minerals Seeks ASX Quotation for Nearly 30 Million New Shares
Octava Minerals Ltd has applied for quotation on the ASX of 29,878,930 ordinary fully paid shares, with an issue date of 6 October 2026. The new securities, issued under a previously announced transaction, expand the company’s listed share base...
Octava Minerals Raises $538,000 in First Tranche of Share Placement
Octava Minerals has completed the first tranche of a two-part equity placement, issuing 29,878,930 new shares at $0.018 each to raise about $538,000 before costs. The shares were issued under the company’s existing placement capacity, with allo...
Octava Minerals posts full-year 2026 financial report
Octava Minerals Ltd has released its full-year financial report for the year ended 30 June 2026, providing shareholders and the market with updated visibility on the company’s financial position. The publication of these audited statements mark...
Octava Assembles District-Scale High-Grade Fluorspar Project in Argentina
Octava Minerals has outlined a consolidated 400 km² district-scale fluorspar project at West Sierra Grande in Argentina’s Río Negro Province, encompassing multiple historical high-grade fluorspar mines. The project sits within one of...
Octava Minerals Launches Share Purchase Plan to Issue New Equity and Options
Octava Minerals has announced a proposed issue of new securities under a securities purchase plan to its existing shareholders, with plans to issue up to 27,777,778 new ordinary fully paid shares and 13,888,889 options. The offer, which uses a record...
Octava Minerals Plans Major Equity Issue to Bolster Capital Base
Octava Minerals has lodged a notice with the ASX outlining a proposed capital raising through a placement or similar issue of new securities. The company plans to issue up to 99,878,930 new ordinary fully paid shares along with two tranches of option...
Octava moves into Argentine fluorspar with $1.8m raising
Octava Minerals has agreed, subject to conditions, to acquire the West Sierra Grande Fluorspar Project in Argentina’s Rio Negro Province, securing a 400km² package that includes four historical high-grade fluorite mines within the Sierra G...
Octava Minerals Halts Trading Ahead of Acquisition and Capital Raising Plan
Octava Minerals has requested a trading halt on its ASX-listed securities as it prepares to announce a potential acquisition alongside a proposed capital raising. Trading in the company’s shares will remain suspended until the earlier of the an...
Octava Minerals Outlines Major Critical Minerals Target and Revives Federation Drilling
Octava Minerals has defined a significant exploration target of 4.9 to 7.4 billion tonnes of mineralised black shale at its Byro Critical Minerals Project in Western Australia, hosting rare earths, lithium and vanadium. Independent test work has demo...
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 31, 2026