Firefly Resources Limited primarily engages in the acquisition, exploration, and development of mineral projects in Western Australia. The company also explores for gold, copper, lithium, base metal, and silver deposits. Its flagship project is the Yalgoo Gold project located in Western Australia. The company was formerly known as Marindi Metals Limited and changed its name to Firefly Resources Limited in December 2019. Firefly Resources Limited was incorporated in 2006 and is based in Subiaco, Australia. As on November 1, 2021, Firefly Resources Limited operates as a subsidiary of Gascoyne Resources Limited.
Research context
Firefly Resources Limited appears in PyInvesting’s Australia Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- AUD
- Sector
- Basic Materials
- Industry
- Gold
These are the latest stored catalogue classifications, not a historical classification snapshot. An issuer description, classification effective date or currency may be unavailable. Check the issuer’s own disclosures and the observation dates before using these fields for research.
Review backtest assumptions and evidence before treating a chart or stored history as a research result.
5 years, 6 months ago
Firefly Resources Limited is currently in a long term downtrend where the price is trading 19.2% 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.
Firefly Resources Limited's total revenue sank by 16.7% to $2K since the same quarter in the previous year.
Its net income has increased by 38.5% to $-4M since the same quarter in the previous year.
Finally, its free cash flow fell by 132.2% to $-1M since the same quarter in the previous year.
Based on the above factors, Firefly Resources Limited gets an overall score of 2/5.