Accelerate Resources Ltd

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

Company description

Accelerate Resources Limited operates as a mineral exploration company in Canada and Western Australia. The company explores for manganese, gold, and lithium deposits. It owns interests in the Woodie Woodie North manganese project consists of three granted exploration licenses covering an area of 358 square kilometers located to the north of the Woodie Woodie Manganese Mine; and Comet gold project comprising of five granted exploration licenses that covers 220 square kilometers located in Western Australia. The company also holds interest in the East Pilbara lithium project totaling an area of 369 square kilometers located in the East Pilbara region of Western Australia. Accelerate Resources Limited was incorporated in 2017 and is based in West Perth, Australia.

Financial highlights

Market Capitalization$7.9926 million
P/E Ratio0
P/E Growth Ratio
Book Value0.021
Dividend Per Share0
Earnings Per Share-0.01
EBITDA-912.201
Profit Margin0
Operating Margin TTM0
Return on Assets TTM-0.1667
Return on Equity TTM-0.2791
Revenue TTM0

Income statement highlights

All numbers are in thousands

Date Total Revenue Cost of Revenue Gross Profit Total Operating Expenses
2017-06-30 0 0 0 1,094.643
2018-06-30 0 0 0 888.845
2019-06-30 46.036 46.036 1,761.138
2020-06-30 0 1,512.563
2021-06-30 0 3,558.59
2022-06-30 0 1,223.03

Balance sheet highlights

All numbers are in thousands

Date Cash Total Assets Total Liabilities Short Term Debt Long Term Debt Common Stock
2017-06-30 133.956 183.23 27.39 0 192.313
2018-06-30 3,434.084 6,277.385 367.637 0 5,661.905
2019-06-30 683.235 4,280.959 79.707 0 5,661.905
2020-06-30 156.611 3,526.432 186.154 27.376 6,225.335
2021-06-30 1,232.44 3,781.149 143.872 0 9,090.949
2022-06-30 2,313.957 6,690.886 330.024 0 12,948.619

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 -1,094.643 -175.071 401.868 133.956
2018-06-30 -867.747 -1,515.733 3,300.128 133.956 3,434.084
2019-06-30 -1,669.066 -1,301.617 -2,750.849 3,434.084 683.235
2020-06-30 -1,559.242 -673.317 -526.624 683.235 156.611
2021-06-30 -3,248.52 -637.223 1,075.829 156.611 1,232.44
2022-06-30 -1,220.03 -1,217.827 1,081.517 1,232.44 2,313.957