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1 Comment
Accelerate Resources Limited is currently in a long term downtrend where the price is trading 41.7% below its 200 day moving average.
From a valuation standpoint, the stock is 100.0% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 0.0.
Accelerate Resources Limited's total revenue sank by 0.0% to $28K since the same quarter in the previous year.
Its net income has dropped by 421.7% to $-2M since the same quarter in the previous year.
Finally, its free cash flow fell by 13.6% to $-218K since the same quarter in the previous year.
Based on the above factors, Accelerate Resources Limited gets an overall score of 1/5.
| Exchange | AU |
|---|---|
| Sector | Basic Materials |
| Industry | Other Industrial Metals & Mining |
| CurrencyCode | AUD |
| ISIN | AU000000AX84 |
| Beta | 0.58 |
|---|---|
| Market Cap | 6M |
| PE Ratio | None |
| Target Price | None |
| Dividend Yield | None |
Accelerate Resources Limited operates as a mineral exploration company in Australia. The company explores for manganese, gold, and lithium deposits, as well as other minerals. Its flagship properties are the Karratha lithium project that consists of an area of approximately 90 square kilometers located in West Pilbara, Western Australia; and the Woodie Woodie North manganese project that covers an area of approximately 423 square kilometers situated in East Pilbara, Western Australia. Accelerate Resources Limited was incorporated in 2017 and is headquartered in West Perth, Australia.
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