Adavale Resources Limited (ADD.AX)
Adavale Resources Limited operates in the Uranium industry of the Energy sector, headquartered in West Leederville, WA, AU. The stock last traded at $0.04, up 2.78% on the session, giving a market capitalisation of $14.6M. Its beta of 0.53 implies it has historically moved less than the broad market.
Adavale Resources Limited specializes in the exploration of mineral properties, with operations spanning Australia and Tanzania. The company boasts full ownership of the Kabanga Jirani Nickel project, an expansive 1,267 square kilometer site located in Kagera, Tanzania. Complementing this, Adavale also manages the Lake Surprise uranium project in South Australia, which consists of four tenements covering 1,078 square kilometers within the northern Lake Frome Embayment. Founded in 1969, the company's primary operations are directed from its West Leederville, Australia base.
Adavale Resources Limited is most often compared with the following Energy names: