Awale Resources Limited (TSE:ARIC)
:ARIC
Want to see TSE:ARIC full AI Analyst Report?
ARIC Stock Chart & Stats
C$0.64
C$0.02(3.30%)
At close: 4:00 PM EST
C$0.64
C$0.02(3.30%)
Day’s Range― - ―
52-Week RangeC$0.48 - C$1.18
Previous CloseN/A
Volume316.70K
Average Volume (3M)94.14K
Market Cap
C$89.25M
Enterprise ValueC$45.85M
Total Cash (Recent Filing)C$10.27M
Total Debt (Recent Filing)C$0.00
Price to Earnings (P/E)―
Beta1.70
Next Earnings
Aug 31, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.02
Shares Outstanding118,996,930
10 Day Avg. Volume87,544
30 Day Avg. Volume94,139
Financial Highlights & Ratios
PEG Ratio0.53
Price to Book (P/B)2.41
Price to Sales (P/S)0.00
P/FCF Ratio-22.15
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)>-0.01
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Low Debt / Clean Balance SheetA near-zero debt position is a durable strength for an exploration company: it reduces fixed financial obligations, lowers bankruptcy risk, and preserves optionality to fund exploration via equity or partnerships over the next 2–6 months without interest-driven cash strain.
Expanded Equity And Asset BaseMaterial growth in equity and total assets increases financial flexibility and credibility with partners and regulators. A larger capital base supports continued drilling and exploration programs and improves the company's ability to secure JV or farm-in deals in the medium term.
Focused Exploration In West Africa (gold Exposure)Concentrated exploration in a gold-rich jurisdiction provides structural upside: successful target definition or discovery can materially rerate an explorer. Durable exposure to West African gold endowment supports long-term value creation if systematic drilling converts targets to resources.
Bears Say
Persistent Net LossesRecurring net losses with minimal revenue mean the company is not yet operationally self-sustaining. Over a 2–6 month horizon this erodes retained capital, increases the likelihood of further financings, and keeps shareholders exposed to dilution until a sustainable revenue or resource milestone is reached.
Negative Operating And Free Cash FlowConsistent cash burn indicates the business cannot fund exploration from operations. Negative OCF and FCF are structural constraints that force reliance on external capital, potentially interrupting programs or requiring transaction timing that may not align with optimal technical outcomes.
Dependence On External FundingReliance on capital markets or partners for funding is a persistent risk for explorers: market access, dilution, or unfavourable deal terms can constrain execution. Over several months this dependence raises execution and timing risk for exploration milestones and resource advancement.
Awale Resources Limited News
ARIC FAQ
What was Awale Resources Limited’s price range in the past 12 months?
Awale Resources Limited lowest stock price was C$0.47 and its highest was C$1.18 in the past 12 months.
What is Awale Resources Limited’s market cap?
Awale Resources Limited’s market cap is C$89.25M.
When is Awale Resources Limited’s upcoming earnings report date?
Awale Resources Limited’s upcoming earnings report date is Aug 31, 2026 which is in 85 days.
How were Awale Resources Limited’s earnings last quarter?
Currently, no data Available
Is Awale Resources Limited overvalued?
According to Wall Street analysts Awale Resources Limited’s price is currently Overvalued.
Does Awale Resources Limited pay dividends?
Awale Resources Limited does not currently pay dividends.
What is Awale Resources Limited’s EPS estimate?
Awale Resources Limited’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Awale Resources Limited have?
Awale Resources Limited has 118,996,930 shares outstanding.
What happened to Awale Resources Limited’s price movement after its last earnings report?
Currently, no data Available
Which hedge fund is a major shareholder of Awale Resources Limited?
Currently, no hedge funds are holding shares in TSE:ARIC
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Awale Resources Limited Stock Smart Score
Neutral
1
2
3
4
5
6
7
8
9
10
Insider Transactions
Bought Shares
Worth C$64.8K over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
53.08%
12-Months-Change
Fundamentals
Return on Equity
-12.12%
Trailing 12-Months
Asset Growth
44.48%
Trailing 12-Months
Company Description
Awale Resources Limited
Awalé Resources Limited engages in the identification and exploration of precious metal projects. The company primarily explores for gold deposits. Its flagship project is the Bondoukou project that includes three permits covering 1,191.5 square kilometers in the northeast of Côte d'Ivoire. The company was formerly known as Spada Gold Limited and changed its name to Awalé Resources Limited in December 2017. Awalé Resources Limited was incorporated in 2015 and is based in Mission, Canada.
Technical Analysis
Angkor Resources
―
Endurance Gold
―
Grande Portage Resources
―
Vior Inc.
―
RosCan Gold
―
Options Prices
Currently, No data available
---