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New Age Exploration NAE.AX · AUD

Energy · ASX · 🇦🇺 Australia

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About New Age Exploration

Its shares trade on ASX under the ticker NAE.AX. It has been listed since 18 February 1994. In the fiscal year to 30 June 2026, it reported a net loss of A$4.2m. At that date it held total assets of A$6.7m and shareholders' equity of A$6.2m.

New Age Exploration Ltd. is a junior resources company, which engages in the exploration activities with the view of identifying mineral deposits. The company is headquartered in Melbourne, Victoria. The firm is engaged in advancing its gold exploration projects in the Pilbara district of Western Australia and in Otago, New Zealand. The Company’s projects include Pilbara Gold and Lithium Projects, Lammerlaw Gold Exploration Project, Otago Pioneer Quartz (OPQ) Exploration Project, Marlborough Permit, Manorburn Prospect and Lochinvar (Coking Coal). The Lammerlaw Prospecting Permit covers approximately 265 square kilometers (km2) area in the Lammerlaw Ranges. The Otago Pioneer Quartz (OPQ) Gold Exploration Project is located on NAE Exploration Permit 60502. The Marlborough Prospecting permit is located between Nelson and Blenheim, on the north-western side of the Alpine Fault. The Manorburn prospect is covered by Minerals Prospecting Permit application 60716.01 and is 221.8 km2 in area. The Coking Coal Project is located on the Scottish and English borders.

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
18 Feb 1994
Website
nae.net.au ↗

Leadership

Pay as last reported

  • Mr. Alan BroomeNon-Executive Chairman of the Board, since 2013A$85,000
  • Mr. Joshua WellischExecutive Director, since 2018A$234,000
  • Mr. Adrien WingCompany Secretary, Non-Executive Director, since 2020A$120,000
  • Ms. Pauline MoffattCompany Secretary

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
0
Environment
0
Social
0
Governance
0

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • The company has a long operational history since its 1994 IPO.
  • It maintains a diverse portfolio of exploration projects across multiple regions.
  • Headquarters in Melbourne provides a stable base for its Australian operations.

Weaknesses

  • As a junior resources company, it faces inherent exploration risks.
  • It operates in remote locations which may increase logistical costs.
  • The description does not mention any current revenue-generating assets.

Opportunities

  • Advancing gold projects in the Pilbara district offers potential discovery.
  • Exploration in Otago, New Zealand, expands its geographic footprint.
  • Developing the Coking Coal Project on the Scottish and English borders adds diversity.

Threats

  • Fluctuating commodity prices can impact the value of its projects.
  • Regulatory changes in Australia and New Zealand may affect permits.
  • Competition from other junior resources companies for funding and talent.

Sources and methodology

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

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