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Accelerate Resources Limited (ASX: AX8) - Share Price and Research

- Current share price for AX8 : $0.043

Accelerate Resources Limited (AX8), an ASX-listed company, is an Australian gold, base metals and industrial minerals focused exploration entity.

AX8 General Information +

ASX Code AX8
Website http://www.ax8.com.au
Industry/Sector Diversified Metals & Mining
Market Cap ($M) 26
AX8 Share Price $0.043
Day High $0.045
Day Low $0.043
Last Close $0.043
AX8 Share Price Movement - ( No change )
Prices as at 16:40, 19 Apr 2024
+Security prices are delayed by at least 20 minutes and are indicative only.
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AX8 Related Research

Accelerate Resources Limited (AX8) Upcoming Dividends & Yields

There are no dividends for Accelerate Resources Limited (AX8). Please use our Upcoming Dividends tool to search for dividends across all ASX-listed securities.

Accelerate Resources Limited (AX8) Recent ASX Announcements

Headline Annoucement date/time+ Price at announcement+ Current price+ Price 7D Avg Gain/Loss
Heritage Survey Dates Confirmed for Prinsep Lithium Project 5 Apr 2024 8:24AM $0.040 $0.043 $0.039 risen by 7.50%
Addendum to Project Update and Webinar Presentation 27 Mar 2024 1:36PM $0.039 $0.043 $0.039 risen by 10.26%
Accelerate Resources Corporate Update and Webinar 26 Mar 2024 7:15PM $0.038 $0.043 $0.039 risen by 13.16%
  • + Company announcements and prices are delayed by at least 20 minutes. Prices are indicative only.

See all ASX announcements from Accelerate Resources Limited (AX8) or use our ASX Announcements tool to search for announcements across all ASX-listed securities.

AX8 Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2023A -$2.31 -$1.00 90.70% 0.00 0.00 0.00% 0.0%
2022A -$1.22 -$0.50 -77.60% 0.00 0.00 0.00% 0.0%
2021A -$3.43 -$2.40 -5.90% 0.00 0.00 0.00% 0.0%

AX8 Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2021 A 2022 A 2023 A 2021 A 2022 A 2023 A 2021 A 2022 A 2023 A
Accelerate Resources (AX8) $26M 0.9074 0.0000 0.0000 0.0000 0.0000 0.0000 0.00% 0.00% 0.00%
BHP Group (BHP) $228,675M -0.3385 0.1559 -0.0448 11.1562 9.6515 10.1042 5.69% 4.93% 4.31%
Mineral Resources (MIN) $13,802M 0.4175 -0.1335 0.7405 25.8681 29.8552 17.1535 2.69% 1.44% 3.07%
Rio Tinto (RIO) $48,585M -0.1084 -0.0770 -0.0956 13.2825 14.3910 15.9113 4.86% 4.14% 3.82%
South32 (S32) $14,901M -0.6117 -0.6377 0.5538 10.3459 28.5590 18.3799 3.74% 1.35% 2.03%

AX8 Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.00 0.00 2.14 0.00
Market 0.53 15.00 1.10 1.00
Sector 1.36 15.10 1.02 0.36

AX8 Directors

Name Position Start Date
Ms Yaxi Zhan Managing Director, Company Secretary 7 Mar 2017
Mr Grant Jonathan Mooney Non-Executive Director 1 Jun 2017
Mr Richard Grant Manners Hill Non-Executive Director, Non-Executive Chairman 3 Jul 2020
Dr Steve Bodon Technical director 1 Feb 2022

Accelerate Resources Limited (AX8) Changes in Directors' Interest & Trades

Date of change Director Buy/Sell Security Type Qty Trade Price Value
8 Feb 2024 MOONEY, Grant Issued Direct Shares 13,586,955 $0.020 $271,738.713
8 Feb 2024 MOONEY, Grant Issued Indirect Shares 3,260,869 $0.020 $65,217.287
19 Dec 2023 HILL, Richard Exercise Related Securities 2,000,000 $0.035 $70,000.000

See all changes in directors' interest & trades for Accelerate Resources Limited (AX8) or use our Changes in directors' interest tool to search for changes & trades across all ASX-listed securities.

AX8 Management

Name Position
Luke Meter Chief Executive Officer

AX8 Calendar of Events

Date Event
22 January 2025 Report (Quarterly)
25 October 2024 Report (Quarterly)
17 October 2024 Report (Annual)
27 September 2024 Report (Annual)
23 July 2024 Report (Quarterly)
25 April 2024 Report (Quarterly)

FAQs about Accelerate Resources Limited (AX8)

Accelerate Resources Limited's (AX8) current share price is $0.04. This constitutes a price movement of 10.26% when compared to the share price 7 days ago and is -30.65% below AX8's 12-month high of $0.06 per share. Prices are delayed by at least 20 minutes.

Relative to the previous close share price of $0.04, Accelerate Resources Limited's (AX8) current share price of $0.04 constitutes a movement of or 0%. Accelerate Resources Limited's (AX8) share price movement is 10.26% when compared to 7 days ago and is -30.65% below AX8's 52-week high of $0.06.

Accelerate Resources Limited's (AX8) 52-week high is $0.06 which was reached on 20 Nov 2023. Relative to this, AX8's current share price of $0.04 constitutes a -$0.02 or -30.65% drop since that high of $0.06 per AX8 share.

Accelerate Resources Limited's (AX8) 52-week low is $0.02 which was reached on 19 May 2023. Relative to this, AX8's current share price of $0.04 constitutes a $0.03 or 138.89% gain since that low of $0.02 per AX8 share.

Over the last 12 months, Accelerate Resources Limited (AX8) has a daily average trading volume of 1,517,177 AX8 shares per day.

Accelerate Resources Limited (AX8) has a current dividend yield of n/a this year. Last year's dividend yield was 0%. The dividend yield for AX8 is a ratio that tells you the percentage of Accelerate Resources Limited's (AX8) share price that it pays out in dividends each year.

Accelerate Resources Limited (AX8) will release its next Annual Report on 17 October 2024. Accelerate Resources Limited's (AX8) last annual report was released on 19 Oct 2023. Click here to view Accelerate Resources Limited's (AX8) last annual report.

Accelerate Resources Limited (AX8) is classified as Materials. Other companies in this sector include BHP Group Limited (BHP), Fortescue Ltd (FMG), Rio Tinto Limited (RIO), and James Hardie Industries Plc (JHX).

The price-to-earnings (P/E) ratio for Accelerate Resources Limited (AX8) is 0. The price-to-earnings ratio, also known as P/E ratio, P/E, or PER, is the ratio of Accelerate Resources Limited's (AX8) share price to its earnings per AX8 share.

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