Ardea Resources Ltd

  • IPO date:
  • Sector: Basic Materials
  • GIC Group: Materials
  • Industry: Other Industrial Metals & Mining
  • Company website

Company description

Ardea Resources Limited engages in the evaluation, exploration, and development of mineral properties in Australia. The company explores for nickel, cobalt, scandium, gold, PGEs, and copper deposits. It holds 100% interest in Kalgoorlie Nickel Project (KNP) located in the Kalgoorlie, Western Australia that comprises nickel, cobalt, and scandium laterite mineral resources, as well as and nickel sulphide and critical projects; the Kalpini Project is located in the City of Kalgoorlie-Boulder that covers approximately 121 square kilometers; and the Bardoc Tectonic Zone Gold Project, which has nickel sulphide prospects. Ardea Resources Limited was incorporated in 2016 and is based in West Perth, Australia.

Financial highlights

Market Capitalization$115.8238 million
P/E Ratio0
P/E Growth Ratio
Book Value0.267
Dividend Per Share0
Earnings Per Share-0.04
EBITDA-3,032.796
Profit Margin0
Operating Margin TTM-51.7702
Return on Assets TTM-0.0494
Return on Equity TTM-0.0893
Revenue TTM75.116

Income statement highlights

All numbers are in thousands

Date Total Revenue Cost of Revenue Gross Profit Total Operating Expenses
2017-06-30 11.63 0 0 655.234
2018-06-30 208.7 0 0 4,022.835
2019-06-30 333.04 333.044 1,820.778
2020-06-30 245.81 3,366.945
2021-06-30 188.22 1,500.842
2022-06-30 50.31 2,107.711
2023-06-30 372.51

Balance sheet highlights

All numbers are in thousands

Date Cash Total Assets Total Liabilities Short Term Debt Long Term Debt Common Stock
2016-06-30 6,000 14,664 423 14,300
2017-06-30 3,062.72 12,989.25 365.1 0 13,400.229
2018-06-30 19,157.517 39,614.202 1,182.896 0 39,608.365
2019-06-30 11,188.295 38,280.688 631.063 0 39,897.118
2020-06-30 10,006.059 33,497.226 794.751 69.05 36,685.87
2021-06-30 5,689.762 36,101.469 812.07 51.787 41,328.919
2022-06-30 22,018.398 50,598.572 1,586.166 150.611 60,005.783
2023-06-30 10,648.371 47,783.537 1,917.503 0 60,000.78

Cash flow highlights

All numbers are in thousands

Date Net Income Total Cash Change in Cash Begin period cash End period cash Dividends
2017-06-30 -641.275 -573.14 3,675.263 3,062.719
2018-06-30 -3,814.139 -1,343.208 16,094.798 3,062.719 19,157.517
2019-06-30 -1,154.69 -1,334.242 -7,969.222 19,157.517 11,188.295
2020-06-30 -788.109 -91.007 -1,182.236 11,188.295 10,006.059
2021-06-30 -3,096.244 -554.674 -4,316.297 10,006.059 5,689.762
2022-06-30 -5,356.262 -5,301.315 16,328.636 5,689.762 22,018.398
2023-06-30 -4,236.361 -1,369.5 -11,370.03 22,018.398 10,648.371