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Odessa Minerals Limited operates as a mineral exploration company in Western Australia. It explores lithium and rare earth elements. The company holds interest in the Lyndon project covering an area of 811 square kilometers; and lockier range REE/lithium project covering an area of 125 square kilometers in Gascoyne. The company was formerly known as Fargo Enterprises Limited and changed its name to Odessa Minerals Limited in January 2022. Odessa Minerals Limited was incorporated in 1935 and is based in West Perth, Australia.
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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.
Odessa Minerals Ltd is an Australian-listed mineral exploration company focused on acquiring and advancing exploration-stage mineral projects within Australia. Long-term growth drivers include successful exploration results, project progression through drilling and potential farm-out or development agreements, and upside from favourable commodity cycles, which may benefit investors seeking leveraged exposure to discovery upside.
Material risks include high exploration and execution risk, absence of operating revenue and reliance on equity or partner funding, plus commodity price and permitting uncertainties that investors should monitor.
Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.
| Breakdown | 2026-06-30 | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2026-06-30 | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 |
| Income before tax | -4.83M | -2.55M | -0.80M | -2.21M | -5.69M |
| Net income | -4.83M | -2.55M | -0.80M | -2.21M | -5.69M |
| Selling general administrative | - | 1.30M | 0.49M | 0.78M | 0.69M |
| Selling and marketing expenses | - | - | 0.20M | 0.47M | - |
| Gross profit | -0.00M | - | -0.10M | 0.02M | 0.00M |
| Reconciled depreciation | - | - | 0.00M | 0.00M | 0.00M |
| Ebit | -4.88M | - | -0.80M | -1.25M | -5.69M |
| Ebitda | -4.88M | -2.55M | -0.79M | -1.25M | -5.69M |
| Depreciation and amortization | 0.00M | - | 0.00M | 0.00M | 0.00M |
| Operating income | -4.88M | -1.31M | -0.91M | -1.25M | -5.69M |
| Other operating expenses | 4.88M | 1.31M | 0.91M | 1.25M | 5.69M |
| Tax provision | - | 0.00M | 0.00M | 0.00M | 0.00M |
| Interest income | - | - | 0.05M | - | 0.00M |
| Net interest income | - | - | 0.05M | - | - |
| Income tax expense | - | - | -0.00M | 0.00M | - |
| Total revenue | - | 0.05M | 0.12M | 0.03M | 0.00M |
| Total operating expenses | 4.88M | 1.31M | 0.91M | 1.25M | 5.69M |
| Cost of revenue | 0.00M | - | 0.22M | 0.00M | 0.00M |
| Total other income expense net | 0.05M | -1.24M | 0.12M | -0.96M | 0.00M |
| Net income from continuing ops | - | - | -0.80M | -2.21M | -5.69M |
| Net income applicable to common shares | - | -2.55M | -0.80M | -2.21M | -5.69M |
| Breakdown | 2026-06-30 | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2026-06-30 | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 |
| Total assets | 7.77M | 5.80M | 6.68M | 7.50M | 5.77M |
| Other current assets | - | 0.01M | 0.09M | 0.01M | 0.01M |
| Total liab | 0.32M | 0.21M | 0.15M | 0.32M | 0.50M |
| Total stockholder equity | 7.45M | 5.59M | 6.54M | 7.18M | 5.27M |
| Other current liab | 0.07M | 0.17M | 0.04M | 0.14M | 0.12M |
| Common stock | 16.84M | 13.53M | 12.87M | 12.98M | 9.34M |
| Capital stock | - | - | - | 12.98M | 9.34M |
| Retained earnings | -16.12M | -11.29M | -8.74M | -7.95M | -5.73M |
| Cash | 3.66M | 2.15M | 2.27M | 4.52M | 5.00M |
| Cash and equivalents | - | - | - | 4.52M | 5.00M |
| Total current liabilities | 0.32M | 0.21M | 0.15M | 0.32M | 0.50M |
| Net debt | -3.66M | -2.15M | -2.27M | - | -5.00M |
| Short term debt | - | - | - | 0.00M | 0.00M |
| Other stockholder equity | - | - | 0.00M | 2.14M | 1.67M |
| Property plant equipment | - | - | - | 2.87M | 0.64M |
| Total current assets | 3.72M | 2.23M | 2.35M | 4.63M | 5.12M |
| Net tangible assets | - | - | - | 7.18M | 5.27M |
| Net receivables | 0.06M | 0.07M | 0.08M | 0.10M | 0.12M |
| Inventory | - | - | -0.08M | - | - |
| Accounts payable | 0.26M | 0.04M | 0.11M | 0.15M | 0.38M |
| Accumulated other comprehensive income | 6.73M | 3.36M | 2.41M | - | 1.67M |
| Non currrent assets other | 0.09M | - | - | - | - |
| Non current assets total | 4.05M | 3.58M | 4.33M | 2.87M | 0.64M |
| Long term debt total | - | - | - | 0.00M | 0.00M |
| Breakdown | 2026-06-30 | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2026-06-30 | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 |
| Investments | - | - | -1.46M | -1.37M | -0.17M |
| Change to liabilities | - | - | - | -0.17M | 0.30M |
| Total cashflows from investing activities | -0.40M | -0.54M | -1.46M | -1.37M | -0.17M |
| Net borrowings | - | - | - | - | -0.14M |
| Total cash from financing activities | 3.32M | 1.06M | -0.01M | 2.12M | 5.51M |
| Net income | -4.83M | -2.55M | -0.80M | -2.21M | -5.69M |
| Change in cash | 1.51M | -0.12M | -2.26M | -0.47M | 4.78M |
| Begin period cash flow | 2.15M | 2.27M | 4.52M | 5.00M | 0.22M |
| End period cash flow | 3.66M | 2.15M | 2.27M | 4.52M | 5.00M |
| Total cash from operating activities | -1.41M | -0.64M | -0.79M | -1.22M | -0.56M |
| Issuance of capital stock | - | - | - | 2.25M | 6.06M |
| Depreciation | 0.00M | - | 0.00M | 0.00M | 0.00M |
| Other cashflows from investing activities | -0.02M | - | - | 0.01M | -0.11M |
| Dividends paid | - | - | - | - | 5.51M |
| Change to account receivables | -0.08M | 0.01M | 0.02M | 0.02M | 0.00M |
| Sale purchase of stock | - | - | -0.01M | -0.14M | -0.41M |
| Other cashflows from financing activities | - | - | -1.46M | -1.37M | 5.51M |
| Change to netincome | - | - | - | 0.14M | 4.83M |
| Capital expenditures | 0.00M | 0.00M | 1.46M | 1.38M | 0.43M |
| Change in working capital | 0.03M | -0.05M | 0.02M | -0.15M | 0.30M |
| Stock based compensation | - | - | 0.16M | 0.14M | 0.30M |
| Other non cash items | 3.40M | 1.97M | -0.18M | 1.29M | 4.53M |
| Free cash flow | -1.41M | -0.64M | -2.25M | -2.60M | -0.99M |
Sector: Basic Materials Industry: Other Precious Metals & Mining
|
Stock Name
|
Change
(AUD) |
Price
(AUD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
Enterprise Value
to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| ODE Odessa Minerals Ltd |
- -% |
0.01 | - | 15.67 | 608.19 | 3.77 | 9.60 | -0.65 |
| MI6 Minerals 260 Ltd |
-0.07 8.52% |
0.81 | 20.50 | - | - | 4.93 | - | -0.63 |
| ZIM Zimplats Holdings Ltd |
-0.56 3.91% |
13.75 | 3.73 | 8.90 | 1.17 | 0.47 | 0.74 | 1.78 |
| FRS Forrestania Resources Ltd |
-0.03 7.25% |
0.32 | - | - | 192.74 | 2.63 | 1125.61 | -2.61 |
| A1M Aic Mines Ltd |
-0.02 2.74% |
0.71 | 12.70 | - | 2.07 | 1.43 | 2.07 | 3.28 |
Odessa Minerals Limited operates as a mineral exploration company in Western Australia. It explores lithium and rare earth elements. The company holds interest in the Lyndon project covering an area of 811 square kilometers; and lockier range REE/lithium project covering an area of 125 square kilometers in Gascoyne. The company was formerly known as Fargo Enterprises Limited and changed its name to Odessa Minerals Limited in January 2022. Odessa Minerals Limited was incorporated in 1935 and is based in West Perth, Australia.
8 Richardson Street, West Perth, WA, Australia, 6005
61 8 6385 7960
| Name | Title | Year Born |
|---|---|---|
| Mr. David Anthony Lenigas | Exec. Director | 1961 |
| Mr. Olivier Cauderlier | CEO & MD | NA |
| Mr. Geoffrey Martyn Nesbitt | Chief Financial Officer | NA |
| Mr. Bob Hilborn | Head of US Operations | NA |
| Mr. Robert Featherby | Company Sec. | NA |
| Mr. Paul Hunyor | Advisor | NA |
| Mr. Luke Alexander Carruthers | Advisor | NA |
| Mr. Dave Carroll | Advisor | NA |
| Mr. Joseph Waller | Advisor | NA |
| Mr. David Anthony Lenigas | Executive Director | 1961 |
Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
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