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Adavale Resources ADD.AX · AUD

Energy · ASX · 🇦🇺 Australia

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0.03

+12.50%

Close of 9 Nov 2026, in AUD

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About Adavale Resources

Its shares trade on ASX under the ticker ADD.AX. It has been listed since 4 August 1988. In the fiscal year to 30 June 2026, it reported revenue of A$50,000 and a net loss of A$7.0m. At that date it held total assets of A$2.3m and shareholders' equity of A$952,296.

Adavale Resources Ltd. engages in mining explorations and development of uranium properties in Australia and Indonesia. The company is headquartered in Sydney, New South Wales. The firm is engaged in mining explorations and development in Australia and Indonesia. The firm is also involved in research and identifying coal projects across Indonesia. The company is focused on exploration of its uranium project at Lake Surprise in South Australia, as well as evaluating other uranium and coal exploration opportunities. Its Tapan project lies approximately 120 kilometers south of the capital of Padang. Its Lake Surprise Project area contains the Jubilee and Mookwarinna Prospect areas, and these lie within a shallow and structural downwarp, known as the Clayton Basin. The firm's exploration licenses within northern part of the Lake Frome Embayment include EL 4949, EL 4950 and EL 5644. Its EL 4949 has an area of over 120 square kilometers. The Jubilee Prospect contains over 10 ore blocks. The Mookwarinna Prospect lies in the south-central part of EL 4950 and spaced drill-holes on a kilometer grid spacing.

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Energy
Industry
Oil, Gas & Consumable Fuels
Listed since
4 Aug 1988
Employees
20

Leadership

Pay as last reported

  • Mr. Allan RitchieExecutive Chairman of the Board, since 2017
  • Mr. Leonard MathChief Financial Officer, Company Secretary
  • Mr. David RiekieExecutive Director, since 2021
  • Mr. John HicksDirector
  • Mr. Stephen LoweNon-Executive Director
  • Mr. Nic MatichNon-Executive Director
  • Mr. Gary StewartNon-Executive Director

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
0
Environment
0
Social
0
Governance
0

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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