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Octava Minerals Ltd.
(Sydney:OCT)
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Rating:43Neutral
Price Target:
AU$0.02
▼(-45.00% Downside)
Action:Reiterated
Date:10/02/26
The score is held down primarily by very weak financial performance—near-zero revenue, widening losses, and consistently negative operating/free cash flow—indicating high dependence on external funding. Technicals also lean weak with the price below the 200-day average and negative MACD, while valuation metrics are unattractive due to negative earnings and no dividend support.
Positive Factors
Debt-free balance sheet
A debt-free structure reduces mandatory financing costs and avoids the refinancing burden associated with borrowings. This gives Octava greater flexibility to manage exploration spending and seek future capital without existing debt claims absorbing operating resources.
Negative Factors
Near-zero revenue and widening losses
The absence of latest-year revenue alongside a widening net loss indicates that operating costs are not being covered by commercial income. This weak profitability profile limits self-funded growth and leaves results highly dependent on future exploration outcomes or financing.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-free balance sheet
A debt-free structure reduces mandatory financing costs and avoids the refinancing burden associated with borrowings. This gives Octava greater flexibility to manage exploration spending and seek future capital without existing debt claims absorbing operating resources.
Read all positive factors
Octava Minerals Ltd. (OCT) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$2.81M
Dividend YieldN/A
Average Volume (3M)460.02K
Price to Earnings (P/E)―
Beta (1Y)0.97
Revenue GrowthN/A
EPS Growth48.78%
CountryAU
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryOther Precious Metals
Share Statistics
EPS (TTM)-0.01
Shares Outstanding119,515,720
10 Day Avg. Volume1,071,042
30 Day Avg. Volume460,024
Financial Highlights & Ratios
PEG Ratio0.02
Price to Book (P/B)0.70
Price to Sales (P/S)0.00
P/FCF Ratio-0.84
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
9
Very Negative
Balance Sheet
58
Neutral
Cash Flow
16
Very Negative
| Breakdown | TTM | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | -21.08K | 0.00 | 1.46K | 200.00K | 400.00K | 0.00 |
| Gross Profit | -21.08K | 0.00 | 1.46K | 200.00K | 400.00K | 0.00 |
| EBITDA | -1.11M | -1.07M | -944.12K | -797.64K | -752.73K | -790.29K |
| Net Income | -821.19K | -2.65M | -2.44M | -797.64K | -752.73K | -1.52M |
Balance Sheet | ||||||
| Total Assets | 5.09M | 3.03M | 3.86M | 5.14M | 5.84M | 336.95K |
| Cash, Cash Equivalents and Short-Term Investments | 1.74M | 356.01K | 1.12M | 1.48M | 3.36M | 113.78K |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 134.51K | 88.80K | 74.37K | 64.14K | 106.92K | 570.90K |
| Stockholders Equity | 4.96M | 2.95M | 3.78M | 5.07M | 5.73M | -233.95K |
Cash Flow | ||||||
| Free Cash Flow | -1.39M | -2.47M | -1.87M | -1.87M | -2.34M | -961.88K |
| Operating Cash Flow | -992.65K | -939.42K | -871.83K | -779.60K | -855.46K | -961.88K |
| Investing Cash Flow | -542.18K | -1.22M | -592.88K | -1.09M | -1.48M | 0.00 |
| Financing Cash Flow | 1.46M | 1.40M | 1.10M | 0.00 | 5.58M | 1.05M |
Octava Minerals Ltd. Technical Analysis
Negative
0.04
Price Trends
0.02
Positive
0.02
Negative
0.03
Negative
Market Momentum
>-0.01
Negative
45.09
Neutral
22.22
Neutral
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 0.02, above the 50-day MA of 0.02, and above the 200-day MA of 0.03, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 45.09 is Neutral, neither overbought nor oversold. The STOCH value of 22.22 is Neutral, 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% | |
48 Neutral | AU$4.66M | ― | 9.69% | ― | ― | -42.31% | |
44 Neutral | AU$5.74M | -1.31 | -238.43% | ― | 390.93% | 50.65% | |
43 Neutral | AU$2.81M | -1.98 | -18.79% | ― | ― | 48.78% | |
43 Neutral | AU$5.01M | -2.21 | -77.64% | ― | ― | 63.51% | |
42 Neutral | AU$4.03M | -1.75 | -22.16% | ― | ― | 31.71% | |
36 Underperform | AU$3.72M | -0.54 | -119.59% | ― | ― | 49.67% |
* Basic Materials Sector Average
AU:OCT
Octava Minerals Ltd.
0.02
-0.05
-66.67%
AU:AVW
Avira Resources Ltd
0.01
-0.01
-50.00%
AU:ALV
Alvo Minerals Limited
0.02
>-0.01
-16.67%
AU:ABR
Bryah Resources Ltd.
―
―
―
AU:ATT
Copper Search Ltd.
0.01
-0.03
-75.00%
AU:M3M
M3 Mining Ltd.
0.02
-0.02
-42.50%
Octava Minerals Ltd. Corporate Events
Octava Minerals posts full-year 2026 financial report
Sep 29, 2026
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 m...
Octava Assembles District-Scale High-Grade Fluorspar Project in Argentina
Sep 28, 2026
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 ...
Octava Minerals Launches Share Purchase Plan to Issue New Equity and Options
Sep 27, 2026
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 rec...
Octava Minerals Plans Major Equity Issue to Bolster Capital Base
Sep 27, 2026
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 opt...
Octava moves into Argentine fluorspar with $1.8m raising
Sep 27, 2026
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 Sierr...
Octava Minerals Halts Trading Ahead of Acquisition and Capital Raising Plan
Sep 23, 2026
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...
Octava Minerals Outlines Major Critical Minerals Target and Revives Federation Drilling
Jul 31, 2026
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 d...
Octava flags multi-billion-tonne critical minerals target at Byro in WA
Jul 13, 2026
Octava Minerals has outlined a large conceptual exploration target at its 100% owned Byro Critical Minerals Project in Western Australia, where aircore drilling has defined 4.9 to 7.4 billion tonnes of mineralised black shale over an 11 by 10 kilo...
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.