ASX Share rice
Fri 07 Aug 2020 - 08:04:am (Sydney)

AX8 Share Price

ACCELERATE RESOURCES LIMITEDAX8Materials

AX8 Company Information

Name:

Accelerate Resources Limited

Sector:

Basic Materials

Industry:

Other Industrial Metals & Mining

GIC Industry:

Metals & Mining

GIC Sub Industry:

Diversified Metals & Mining

Address:

16 Ord Street West Perth WA Australia 6005

Phone:

61 8 9324 0588

MD & Director:

Ms. Yaxi Zhan

Company Sec.:

Ms. Deborah Ho

Company Overview:

Accelerate Resources Limited operates as an exploration company in Tasmania and Western Australia. The company explores for gold, cobalt, copper, nickel, and base metal deposits. It holds interests in the Mount Read cobalt project with four exploration licenses covering an area of 492 km2 located in western Tasmania; Mount Monger gold project with two granted exploration licenses and one exploration license application covering 35.3 km2 located in Western Australia; and Comet gold project with one granted exploration license covering 37 km2 and one exploration license application located in Western Australia. The company was incorporated in 2017 and is based in West Perth, Australia.

AX8 Share Price Information

Shares Issued:

79.37M

Market Capitalisation:

$4.76M

Revenue (TTM):

$30.78K

Revenue Per Share (TTM):

$0

Earnings per Share:

$-0.036

Operating Margin (TTM):

$-47.36

Return On Assets (TTM):

$-0.18

Return On Equity (TTM):

$-0.30

Quarterly Revenue Growth (YOY):

0.123

Diluted Earnings Per Share (TTM):

$-0.03

AX8 CashFlow Statement

CashFlow Date:

2019-06-30

Investments:

$-1,145

Change To Liabilities:

$-287,930

Total Cashflow From Investing Activities:

$-1,145

Net Income:

$-1,715,102

Total Cash From Operating Activities:

$-2,749,704

Depreciation:

$666.78K

Capital Expenditures:

$1.15K

AX8 Income Statement

Income Date:

2019-06-30

Income Before Tax:

$-1,715,102

Net Income:

$-1,715,102

Gross Profit:

$46.04K

Operating Income:

$-1,761,138

Other Operating Expenses:

$127.63K

Total Revenue:

$46.04K

Total Operating Expenses:

$1.76M

AX8 Balance Sheet

Balance Sheet Date:

2019-06-30

Total Liabilities:

$79.71K

Total Stockholder Equity:

$4.20M

Other Current Liabilities:

$42.20K

Total Assets:

$4.28M

Common Stock:

$5.66M

Other Current Assets:

$200K

Retained Earnings:

$-2,947,730

Cash:

$683.24K

Total Current Liabilities:

$79.71K

Property - Plant & Equipment:

$3.29M

Net Tangible Assets:

$4.20M

Total Current Assets:

$0.99M

Net Receivables:

$7.61K

Short-Term Investments:

$3.29M

Accounts Payable:

$27.51K

Non Currrent Assets (Other):

$3.29M

Short-Term Investments:

$3.29

Non Current Liabilities Total:

$0

AX8 Share Price History

AX8 News

16 Mar, 2020
The simplest way to benefit from a rising market is to buy an index fund. While individual stocks can be big winners...
13 Sep, 2019
Every investor in Accelerate Resources Limited (ASX:AX8) should be aware of the most powerful shareholder groups...