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AX8 - Accelerate Resources Share Price

A$0.059 0.0  7.3%

Last Trade - 2:26am

Sector
Basic Materials
Size
Micro Cap
Market Cap £2.48m
Enterprise Value £2.39m
Revenue £n/a
Position in Universe 1798th / 1844
Bullish
Bearish
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Momentum
Relative Strength (%)
1m -11.7%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -60.7%
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 30th Jun 2015 2016 2017 2018 2019 2020 2021E 2022E CAGR / Avg
0.000 0.000 0.000 0.000 0.000 0.000
PEG
Profitability
ROA
%
%
Cashflow
Dividends
Balance Sheet
NFA
m
FINANCIAL BRIEF: : For the fiscal year ended 30 June 2020, AccelerateResources Ltd revenues was not reported. Net loss decreased12% to A$1.5M. Lower net loss reflects Director andemployee benefits decrease of 35% to A$287K (expense),Impairment of exploration expenditure decrease of 14% toA$568K (expense), Other income increase of 45% to A$67K(income). Basic Earnings per Share excluding ExtraordinaryItems remained flat at -A$0.03.
Health Trend(F-Score)
0 1 2 3 4 5 6 7 8 9
Bankruptcy Score(Z-Score)
Distress
Cautious
Safe
Earnings Manipulation Risk(M-Score)
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Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Graphical History

Revenue

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Net Income

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Normalised EPS

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PE Ratio Range

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Dividend Yield Range

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Analyst Forecasts
Price Target:
( below Price)
31st Dec 2021
31st Dec 2022
Est. Long Term Growth Rate: Net Profit
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DPS
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Consensus Estimate
1m Change
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Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2019 /  2020
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Profile Summary

Accelerate Resources Limited is an Australia-based mineral exploration company. The Company is focused on offering cobalt copper and gold exploration services. The Company's assets consist of rights over 8 exploration licenses and applications. Its projects include Mt Read Cobalt Tenements and the WA Gold Tenements. The Mt Read Cobalt Project is in Tasmania and 4 projects across Western Australia including Bulgera, Mt Monger, Comet, and Pilbara Gold. The Bulgera, Mt Monger and Comet gold projects are located in the Eastern Goldfields of Western Australia, proximal to a number of world class deposits where existing mineralization within its project areas. In the Pilbara, the Company has applied for an exploration license which includes units of the Hardey Formation.

Directors
Last Annual June 30th, 2020
Last Interim June 30th, 2020
Incorporated March 7, 2017
Public Since February 14, 2018
No. of Shareholders: n/a
No. of Employees: n/a
Sector Basic Materials
Industry Metals & Mining
Index
Exchange Australian Stock Exchange - SEATS
Shares in Issue 79,366,666
Free Float (0.0%)
Eligible for
ISAs
SIPPs
AX8 Share Price Performance
Share Price
Bid - Ask
Low - High
Spread
Day's Change
Avg Volume
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Range (12m)
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Latest News for AX8
Upcoming Events for AX8
Tuesday 16th March, 2021 Estimate
Accelerate Resources Ltd Annual Shareholders Meeting
Frequently Asked Questions for Accelerate Resources
What is the Accelerate Resources share price?

As of 2:26am, shares in Accelerate Resources are trading at A$0.059, giving the company a market capitalisation of £2.48m. This share price information is delayed by 15 minutes.

How has the Accelerate Resources share price performed this year?

Shares in Accelerate Resources are currently trading at A$0.059 and the price has moved by 0.114k% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the Accelerate Resources price has moved by 0.119k% over the past year.

What are the analyst and broker recommendations for Accelerate Resources?

There are no analysts currently covering Accelerate Resources.

When will Accelerate Resources next release its financial results?

Accelerate Resources is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2021-06-30
What is the Accelerate Resources dividend yield?

Accelerate Resources does not currently pay a dividend.

Does Accelerate Resources pay a dividend?

Accelerate Resources does not currently pay a dividend.

When does Accelerate Resources next pay dividends?

Accelerate Resources does not currently pay a dividend.

How do I buy Accelerate Resources shares?

To buy shares in Accelerate Resources you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

What is the market cap of Accelerate Resources?

Shares in Accelerate Resources are currently trading at A$0.059, giving the company a market capitalisation of £2.48m.

Where are Accelerate Resources shares listed? Where are Accelerate Resources shares listed?

Here are the trading details for Accelerate Resources:

Country of listing: Australia
Exchange: ASX
Ticker Symbol: AX8
What kind of share is Accelerate Resources?

Based on an overall assessment of its quality, value and momentum, Accelerate Resources is currently classified as a Sucker Stock. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.

Is there a Accelerate Resources share price forecast 2021?

We were not able to load any forecast data for Accelerate Resources.

How can I tell whether the Accelerate Resources share price will go up?

An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Accelerate Resources. Over the past six months, the relative strength of its shares against the market has been -13.19%. At the current price of A$0.059, shares in Accelerate Resources are trading at 2.24% against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the Accelerate Resources PE Ratio?

We were not able to find PE ratio data for Accelerate Resources.

Who are the key directors of Accelerate Resources?

Accelerate Resources's management team is headed by:

Grant Mooney - NID
Yaxi Zhan - MDR
Deborah Ho - SEC
Richard Hill - NEC
Who are the major shareholders of Accelerate Resources?

Here are the top five shareholders of Accelerate Resources based on the size of their shareholding:

Hill (Richard Grant Manners) Individual Investor
Percentage owned: 5.47% (8.58m shares)
Syracuse Capital Pty. Ltd. Corporation
Percentage owned: 3.03% (4.75m shares)
Zhan (Yaxi) Individual Investor
Percentage owned: 2.71% (4.25m shares)
Gandria Capital Pty. Ltd. Corporation
Percentage owned: 2.55% (4.00m shares)
Xcel Capital Pty. Ltd. Corporation
Percentage owned: 2.52% (3.95m shares)
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