What is Ardea Resources Limited's (ARL.AX) StockRank?

MoatMap's StockRank for Ardea Resources Limited (ARL.AX) is 11/100, with a Strong Sell signal. This is a composite score combining Quality (20), Value (45), and Momentum (32) factor ranks across MoatMap's 19,000+ stock universe.

Does Ardea Resources Limited have an economic moat?

Ardea Resources Limited (ARL.AX) has a Quality factor score of 20/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage — the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the financial characteristics of a moated business.

Is Ardea Resources Limited a buy, hold, or sell?

MoatMap's current signal for Ardea Resources Limited (ARL.AX) is Strong Sell, based on a StockRank of 11/100. Signals are derived mechanically from the StockRank composite and should be one input among many — combine with your own thesis on management, competitive position, and valuation.

What sector is Ardea Resources Limited in?

Ardea Resources Limited (ARL.AX) operates in the Basic Materials sector, specifically the Other Industrial Metals & Mining industry (Australia).

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ARL.AX

STRONG SELLREMOVE

Ardea Resources Limited · Basic Materials · Australia · $92M · Avg Vol: $65K/d

StockRank

P/E (TTM)

—

ROE

-2.1%

D/E

0.2x

Dividend %

—

Director Trades · 180d

None in 180d →

Buybacks · 180d

None in 180d →

AI CONVICTION THESIS

Ardea Resources is focused on the Goongarrie Nickel Cobalt Project. While nickel and cobalt are critical minerals, the project is highly capital-intensive, pre-revenue, and dependent on complex high-pressure acid leach (HPAL) technology. This violates the Terry Smith quality compounder lens of owning asset-light businesses with established high ROIC.

COMPANY DESCRIPTION

Ardea Resources Limited explores and develops mineral properties, focusing on its flagship Kalgoorlie Nickel Project in Western Australia. The company controls one of the largest nickel-cobalt lateral deposits in the developed world, backed by a strategic partnership with Japanese consortiums for development. It is a critical minerals developer positioned to become a major, long-term supplier of ethical battery materials to global markets.

FINANCIAL SUMMARY

Year	2022	2023	2024	2025	CAGR
Revenue	—	—	—	—	—
EPS	-0.03	-0.02	-0.03	-0.01	—
Shares	170M	172M	200M	210M	+24.0%
Debt	201,284	110,302	893,743	36M	461.9%
Equity	35M	33M	40M	49M	11.3%
Op CF	—	—	—	—	—
Inv CF	-5M	-7M	-5M	-34M	—
Fin CF	18M	-3,591	11M	38M	—

PRICE (1M)-26.2%

SMA 50SMA 200

$0.33

RSI (14)

30.2

52W High

$0.55

From 52W High

0.6%

SCORE BREAKDOWN

Quality

ROIC

-11.1%20.9

ROE

-2.1%34.5

GP/Assets

3.5%19.5

Op. Margin

-734.2%3.8

FCF/Assets

-53.0%6.4

Piotroski

—1.0

Int. Cover

—N/A

D/E Ratio

0.21x55.2

Current Ratio

0.55x4.7

Value

P/E (TTM)

—N/A

EV/EBITDA

-69.9x95.4

P/FCF

—N/A

P/B

1.0x74.6

P/S

25.9x8.9

Div Yield

—N/A

Momentum

52W High %

60%26.5

RS 6M

-18%35.5

SMA 50/200

1.03x44.6

EPS Rev 4W

—N/A

EPS Rev 12W

—N/A

EPS Improve

—N/A

Q Growth

—N/A

FUNDAMENTALS

Market Cap

$92M

P/E (Forward)

—

Gross Margin

100.0%

SECTOR PEERS

Closest peers in Basic Materials, ranked by industry match, size, and score similarity. Cross-listings of ARL.AX are excluded.

Ticker	Company	Mkt Cap	StockRank	Signal
ARL.AX	Ardea Resources Limited(you)	$92M	11	STRONG SELL
MEU.AX	Marmota Limited	$93M	13	STRONG SELL
RNU.AX	Renascor Resources Limited	$106M	11	STRONG SELL
RML.AX	Resolution Minerals Ltd	$82M	10	STRONG SELL
CY5.AX	Cygnus Metals Limited	$110M	11	STRONG SELL
AGY.AX	Argosy Minerals Limited	$79M	13	STRONG SELL
DRE.AX	Dreadnought Resources Limited	$74M	10	STRONG SELL
ENR.AX	Encounter Resources Limited	$125M	12	STRONG SELL
LKE.AX	Lake Resources NL	$119M	9	STRONG SELL
HAS.AX	Hastings Technology Metals Limited	$70M	14	STRONG SELL

Peer medians: ROE -8.6% · P/E 14.0x · Gross margin 33.5%

Ardea Resources Limited (ARL.AX) — Stock Score Summary

Ardea Resources Limited (ARL.AX) has a MoatMap StockRank of 11/100 based on Quality (20/100), Value (45/100), and Momentum (32/100) factor scores. The current signal is STRONG SELL. Ardea Resources is focused on the Goongarrie Nickel Cobalt Project. While nickel and cobalt are critical minerals, the project is highly capital-intensive, pre-revenue, and dependent on complex high-pressure acid leach (HPAL) technology. This violates the Terry Smith quality compounder lens of owning asset-light businesses with established high ROIC.

Key Financial Metrics

Price	$0.33
Market Cap	$92M
Price/Book	1.01
Return on Equity	-2.1%
Return on Invested Capital	-11.1%
Debt/Equity	20.64
Gross Margin	100.0%
Operating Margin	-734.2%
Revenue Growth	541.1%
Free Cash Flow	$-32M

Ardea Resources Limited operates in the Other Industrial Metals & Mining industry, part of the Basic Materials sector (Australia).

Frequently Asked Questions

What is Ardea Resources Limited’s (ARL.AX) StockRank?: MoatMap’s StockRank for Ardea Resources Limited (ARL.AX) is 11/100, with a Strong Sell signal. It is a composite of Quality (20), Value (45), and Momentum (32) factor ranks across MoatMap’s 19,000+ stock universe.
Does Ardea Resources Limited have an economic moat?: Ardea Resources Limited (ARL.AX) has a Quality factor score of 20/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage — the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is Ardea Resources Limited a buy, hold, or sell?: MoatMap’s current signal for Ardea Resources Limited (ARL.AX) is Strong Sell, based on a StockRank of 11/100. Signals are derived mechanically from the StockRank composite and should be one input among many — combine with your own thesis on management, competitive position, and valuation.
What sector is Ardea Resources Limited in?: Ardea Resources Limited (ARL.AX) operates in the Basic Materials sector, specifically the Other Industrial Metals & Mining industry (Australia).