Adavale Resources Limited (Stock Symbol – ASX: ADD, OTC: ADRLF) is a uranium exploration company focusing on the northern part of the Lake Frome Embayment. This area is a highly prospective sedimentary uranium province within Australia.
These tenements lie north of the Flinders Range in South Australia including the Lake Surprise Project, Jubilee Prospect, and Mookwararinna Prospect.
The company’s Lake Surprise Project is 550 kilometers (341 miles) north of the city of Adelaide in Australia. The project area is highly prospective for surficial and sandstone uranium mineralization. Nearby orebodies include Honeymoon, Goulds Dam, and Yarramba.
The Jubilee Prospect has known uranium concentrations from analysis of drill holes of between 100ppm and 611 ppm with thicknesss greater than 0.5 meters. The uranium is located within hardened silicified sandstone and silcrete layers.
The Mookwarinna Prospect has had ground spectrometer surveys and infill drilling competed. This work demonstrated that uranium is present above 100ppm in layers up to 3.25 meters in thickness. The company has designed a program for additional analysis of this area.
Adavale Resources also has ownership of concessions next to the Kabanga Nickel Project in the United Republic of Tazania, Africa. This project was previously owned by BHP and is in a highly prospective region for nickel.
The Kabanga Nickel Project holds an enourmous undeveloped and high grade nickel sulphide resource of 58 million tones grading at 2.62% nickel.
The government of Tanzania cancelled retention licences for the company as part of its larger strategy to slow or stop mineral exploitation during adverse market conditions. This government action will allow a greater return for the country once markets improve. This action has has temporarily halted the further development of this project.
The company was first incorporated in 1969 as Burril Investments. In 1970 the company changed its name to Mining Corporation of Australia. In 1997 the company changed its name to Target Mining Corporation before renaming as Asia Gold Mining Corporation; and finally Adavale Resources in 2008.
The company is headquartered in Sydney, Australia.
Please note that the share price below is for the ASX stock symbol. The quote is delayed by approximately 15 minutes and not real time.
Contact:
Adavale Resources
Level 2
49 Oxford Close
West Leederville WA 6007
Phone: +61 2 8003 6733
Email: [email protected]
Adavale Resources Limited Stock Performance & Market Cap
Stock Symbols – ASX: ADD Stock, OTC: ADRLF Stock
The financial, as well as the technical charting and analysis tools below, will help you to view and analyze key data including:
- Trading Volume Data (52 week range)
- Market Cap Data
- Dividend Current
- Dividend Historic
- Dividend Yield
- Ex Dividend Date
- Sales Data
- Revenue Data
- Investment News
- Recent News
- Shares Price to Earnings Ratio
- P E Ratio
- Basic Earnings Per Shares
- Total Number of Shares (Stocks) Outstanding
- Average Days Trading Volume (52 week range)
- EPS (Earnings Per Share)
- Technical Indicators
- Accumulation / Distribution
- Stochastic
- Historical Data
- Income Statement
- Balance Sheet
- Cash Flow
- Stock Performance – 1 Week, 1 Month, 3 Mo, 6 Mo, YTD, 1 Year
- Technical Buy / Sell Tool
- Stock Data (Near real time price)
- Market Cap
- Short Interest
- More media, news, stock quotes, expected dividends and partners
- CEO and Leadership
- 52 Week Low – Stocks Price
- 52 Week High – Stocks Price
- Day Range – Stocks Price
- P/E Ratio
- Current Price Per Ordanary Shares (market delayed / not real time)
- Last Sale
- Price to Earnings Ratio
- Aroon
- CRSI
- DMI
- MACD
- OBV
- Historical Stock / Volume / Market / Price / Dividend Data
- Short Interest
- Chief Executive Officer
- And a motley fool more!
- Interactive chart and market data powered by TradingView
While considering this individual company, also take a look at these other uranium stocks to include in your portfolio.
The Adavale Resources Limited group is full of discussions, presentations, and company announcements. If you’re looking to be engaged, this is the place for it!
Discuss the company in more detail and dive deeper into organized conversations in the Adavale Resources Limited forum.
Previous Uranium Stock -> A-Cap Energy
Next Uranium Stock -> Alligator Energy
You might also be interested in these stocks:
92 Energy | Alligator Energy | ALX Resources | Basin Uranium | Cameco | Energy Resources of Australia | Fission 3.0 | Forum Energy Metals | GTI Energy | Uranium Stock Investing Discussion Boards
Adavale Resources Stock Price
Adavale Resources Financials
Adavale Resources News
Join our free social and stocks community where you can find over 115+ uranium stocks.
Share breaking news, presentations, and discussions with other uranium stocks investors today!
If you feel this free site has provided you value, please consider a donation to a young woman named Kaylee G, who has aspirations of achieving the dream of higher education.
To donate, please visit uGift and use code 37J-533 to contribute to this young woman’s college fund.
Don’t forget to bookmark our site – stock prices and news feeds update continuously. We regularly post news and updated corporate presentations for you to quickly access on our apps. Please share with anyone you feel could benefit from learning about and investing in uranium stocks.