Price, volume & events
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- Last 2026-11-06
- A$8.59
- 1D
- —
- 1M
- —
- YTD
- —
- 1Y
- —
- Fair value
- Locked: sign in to view
- Upside
- Locked: sign in to view
- Mkt cap
- A$2.3B
- EV
- A$2.2B
- Cash
- A$84.9M
- Debt
- A$0
1 newer ASX announcement not yet reflected in this valuation
- Notification regarding unquoted securities - SX2Post Cash Checkpoint Security Event
Investment view
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Sign in or enter a guest codeAnnouncements
Latest 12 of 0All sources ▸- No announcements are linked to this research.
Event calendar · next 12 months
6 events| Timing | Event | Category | Confidence | Materiality | Investor relevance |
|---|---|---|---|---|---|
| October 2026 first underground drill target | First underground drilling commencement | Exploration | Company Guided | High | Tests resource conversion, technical execution, cash deployment and the staged investment case. |
| Decision due within 120 days of September 22 acceptance; no assurance of grant | Golden Dyke mining licence assessment decision | Permitting | Company Guided | High | Tests resource conversion, technical execution, cash deployment and the staged investment case. |
| November 2026 negotiation target | Taungurung project agreement target | Economic Arrangement | Company Guided | High | Tests resource conversion, technical execution, cash deployment and the staged investment case. |
| January 2027 revised target | Exploration decline completion | Construction Or Commissioning | Company Guided | High | Tests resource conversion, technical execution, cash deployment and the staged investment case. |
| Q1 calendar 2027 | Maiden Sunday Creek Mineral Resource Estimate | Resource Or Reserve | Company Guided | High | Tests resource conversion, technical execution, cash deployment and the staged investment case. |
| Q2 calendar 2027; by endJune 2027 | Sunday Creek Preliminary Economic Assessment | Study | Company Guided | High | Tests resource conversion, technical execution, cash deployment and the staged investment case. |
Executive roster
As of 2026-10-13Background checks ▸Dated annual AIF and October7 MD&A officers, Head of Exploration, Head of Technology and Processing and Australian company secretary named in the August4 release. Broader web management roster not independently dated at cutoff.
| Executive | Title | Normalized role | Appointed | Sources |
|---|---|---|---|---|
| Michael Hudson | President & CEO · Managing Director | Chief Executive · Executive Director | — | FY27 first quarter financials and management analysis |
| Ryan Austerberry | Chief Operating Officer | Operations | — | FY27 first quarter financials and management analysis |
| Michael Frame | Chief Financial Officer | Finance | — | FY27 first quarter financials and management analysis |
| Mariana Bermudez | Corporate Secretary | Company Secretary | — | FY27 first quarter financials and management analysis |
| Justin Mouchacca | Assistant Company Secretary | Company Secretary | — | Updated Sunday Creek conceptual exploration target |
| Joe Seppelt | Head of Technology & Processing | Technical | — | FY27 first quarter financials and management analysis |
| Kenneth Bush | Head of Exploration | Technical | — | FY27 first quarter financials and management analysis |
| Nicholas Mead | VP, Investor Relations | Commercial | — | Mining Forum Americas presentation by Nicholas Mead |
devCoverage status: Partial
Portfolio detail
Assets
Core asset
Sunday Creek
AU
Discovery Drill Stage100% ownedGoldOthers
100% owned through SXG AUS and Clonbinane; underground exploration decline being developed. Conceptual AuEq target only; mine approvals and financing remain future gates.
- Ownership
- 10,000.0%
- Commodity
- Aur
- Country
- AUr
- Best recent intercept (grade x width)
- 2,406 g/t*md
- Metres drilled (12M)
- 6.091e+04 m
- Exploration spend (12M)
- C$33.2md
Published study economicsIssuer or study metrics
No numeric study economics were published.
No current mineral resource, reserve or economic study supporting mine NPV, build capex or operating forecasts.
Tenements2
Milestones6
- First underground drilling commencement
Pending · High materiality
- Taungurung project agreement target
Pending · High materiality
- Golden Dyke mining licence assessment decision
Pending · High materiality
- Exploration decline completion
Delayed · High materiality
- Maiden Sunday Creek Mineral Resource Estimate
Pending · High materiality
- Sunday Creek Preliminary Economic Assessment
Pending · High materiality
Permits & approvals5
| Permit | Jurisdiction | Status | Expiry | Critical path |
|---|---|---|---|---|
| Exploration decline Work Plan granted November26 2025 | Victoria, Australia | Granted | — | No |
| Explosives magazine licence granted July13 2026 | Victoria, Australia | Granted | — | No |
| MIN009040 accepted September22 2026; mining licence under assessment | Victoria, Australia | Pending | — | Yes |
| Production Mine Work Plan | Victoria, Australia | Required | — | Yes |
| Planning permit or applicable environmental approval | Victoria, Australia | Required | — | Yes |
Other
Redcastle
AU
Discovery Drill Stage100% ownedGoldOthers
100% acquired October2024 including former Nagambie30% interest and royalty. Deep drilling early stage; no Mineral Resource or economic study.
- Ownership
- 10,000.0%
- Commodity
- Aur
- Country
- AUr
- Best recent intercept (grade x width)
- 3.668 g/t*md
- Metres drilled (12M)
- —
- Exploration spend (12M)
- C$478.8kd
Published study economicsIssuer or study metrics
No numeric study economics were published.
No current mineral resource, reserve or economic study supporting mine NPV, build capex or operating forecasts.
Tenements3
Other
Mt Isa rights
AU
Early Explorer100% ownedCopperGoldLeadZincSilver
Residual wholly owned Queensland exploration rights; no decision-useful current inventory, work budget or economic study in selected dated filings.
- Ownership
- 10,000.0%
- Commodity
- Cur
- Country
- AUr
- Best recent intercept (grade x width)
- —
- Metres drilled (12M)
- —
- Exploration spend (12M)
- —
Published study economicsIssuer or study metrics
No numeric study economics were published.
No current mineral resource, reserve or economic study supporting mine NPV, build capex or operating forecasts.
d derivedr our researchg guidances study forecastm daily marketNo marker: as reported— / NM missing or not meaningful (hover for why)
Stock database
Other assets
- Investee
- Kingsmen Resources Limited equity holding
- Holding
- —
- Shares held
- 18.75k
- Market value
- —
- % of holder's market cap
- —
- Cost basis
- C$45.0k
- Investee
- Nagambie Resources Limited equity holding
- Holding
- 422.0%
- Shares held
- 53.36m
- Market value
- —
- % of holder's market cap
- —
- Cost basis
- C$1.8m
Funding, performance and ownership
Financials & Capital
Liquidity
Financial position
Reported C$84.014m cash at August31; no debt. C$10.069m payables, C$9.477m exchanged land commitments, leases and rehabilitation require cash. Management expects C$25m deployment next quarter then C$10m per quarter; C$700m shelf is issuance capacity, not funding.
Capital structure
Ownership and dilution
- Ordinary shares
- 269.7M
- Fully diluted
- 270.7M
May31 shares269,346,976 +236,227 cashless option shares +70,359 RSU shares =269,653,562 August31; +3,193 RSU shares =269,656,755 October7. Add850,000 options +160,306 RSUs =270,667,061 fully diluted. CDIs are a subset, never added to total shares.
Security classes4
| Class | Type | Quantity | Strike | Expiry |
|---|---|---|---|---|
| Global common shares; includes underlying shares represented by ASX CDIs | Ordinary Share | 269.7M | — | — |
| Options exercisable at A$0.30 | Option | 250K | A$0.3 | 2027-05-05 |
| Options exercisable at C$3.38; strike retains native currency in label | Option | 600K | A$3.38 | 2028-03-10 |
| RSUs subject to vesting; full inclusion conservative | Performance Right | 160.3K | — | — |
KPI history
Operating metrics · Company
| Metric | Unit | Trend | 2025-08-31 | 2025-11-30 | 2026-02-28 | 2026-05-31 | 2026-08-31 |
|---|---|---|---|---|---|---|---|
| Corporate cash and cash equivalents | CAD | 141,180,642 | — | — | 119,129,501 | 84,014,470 | |
| Corporate cash and cash equivalents; issuer rounded million balance | CAD | — | 130,400,000 | 123,200,000 | — | — | |
| Quarterly net cash depletion including FX | CAD | 10,000,000 | 10,800,000 | 7,200,000 | 4,000,000 | 35,100,000 |
Operating metric source table13
| Metric | Project | Period | Period type | Value | Status |
|---|---|---|---|---|---|
| Corporate cash and cash equivalents | Company | 2025-05-31 | Point In Time | 151,212,676 CAD | Reported |
| Corporate cash and cash equivalents | Company | 2025-08-31 | Point In Time | 141,180,642 CAD | Reported |
| Corporate cash and cash equivalents; issuer rounded million balance | Company | 2025-11-30 | Point In Time | 130,400,000 CAD | Reported |
| Corporate cash and cash equivalents; issuer rounded million balance | Company | 2026-02-28 | Point In Time | 123,200,000 CAD | Reported |
| Corporate cash and cash equivalents | Company | 2026-05-31 | Point In Time | 119,129,501 CAD | Reported |
| Corporate cash and cash equivalents | Company | 2026-08-31 | Point In Time | 84,014,470 CAD | Reported |
| Quarterly net cash depletion including FX | Company | 2025-08-31 | Quarter | 10,000,000 CAD | Reported |
| Quarterly net cash depletion including FX | Company | 2025-11-30 | Quarter | 10,800,000 CAD | Reported |
| Quarterly net cash depletion including FX | Company | 2026-02-28 | Quarter | 7,200,000 CAD | Reported |
| Quarterly net cash depletion including FX | Company | 2026-05-31 | Quarter | 4,000,000 CAD | Reported |
| Completed drilling | Sunday Creek | 2026-05-31 | Year | 60,913 m | Reported |
| Quarterly net cash depletion including FX | Company | 2026-08-31 | Quarter | 35,100,000 CAD | Reported |
| Completed drilling | Sunday Creek | 2026-08-31 | Quarter | 17,564 m | Reported |
Capital history
Capital events
| Date | Event | Amount | Shares | Price | Status | Terms |
|---|---|---|---|---|---|---|
| 2025-05-20 | Raising | C$143.1M | 31.8M | — | Completed | — |
Contracts and ownership
Material economic arrangements These are deals that can affect sales, costs, funding or ownership. An arrangement marked “Included in valuation” may already be built into a project estimate or the bridge to shareholder value. A separate amount is shown only when one can be estimated; do not add it again.
Dated annual financial notes, AIF and October7 MD&A reconciled for state royalty, land, leases, decline, Nagambie ROFR, historic Redcastle acquisition and conditional engagements. No commodity or FX hedge disclosed.
Statutory burden on future production. No commercial royalty or back-in rights disclosed.
Royalty · Active- Counterparties
- State of Victoria
- Applies to
- Sunday Creek · Gold · Others
- Economic direction
- Burden
- Period
- Dates not stated
- Key terms
- Rate: 2.75 pct
How it affects our valuation
No valuation treatment is available for this arrangement.
Right to match opportunities while retaining the subscription shares; does not constitute tenure ownership.
Other · Active- Counterparties
- Nagambie Resources Limited
- Applies to
- Company-wide · Gold · Others
- Economic direction
- Benefit
- Period
- Dates not stated
- Key terms
- Shareholding: 53,361,046 shares
Tenement opportunity area: 718 km2
How it affects our valuation
No valuation treatment is available for this arrangement.
Exploration decline development awarded to PYBAR; no mine production construction contract disclosed.
Other · Active- Counterparties
- PYBAR Mining Services Pty Ltd
- Applies to
- Sunday Creek
- Economic direction
- Burden
- Period
- Dates not stated
- Key terms
- Contract: Exploration decline development
How it affects our valuation
No valuation treatment is available for this arrangement.
August31 exchanged land commitments C$9.477m, of which A$8.8m settled in September. Settlement timing requires a valuation-date cash bridge.
Other · Active- Counterparties
- Freehold property vendors
- Applies to
- Sunday Creek
- Economic direction
- Burden
- Period
- Dates not stated
- Key terms
- Exchanged purchase commitments: 9,477,000 CAD
How it affects our valuation
No valuation treatment is available for this arrangement.
Office and warehouse lease contracts with disclosed nominal maturity bands.
Other · Active- Counterparties
- CEO family trust and other office/warehouse landlords
- Applies to
- Company-wide
- Economic direction
- Burden
- Period
- Dates not stated
- Key terms
- Related office lease: 8,206 AUD/month
Total lease liability: 840,785 CAD
How it affects our valuation
No valuation treatment is available for this arrangement.
Historical earn-in and royalty no longer current; Redcastle ownership is100%.
Joint Venture · Terminated- Counterparties
- Nagambie Resources Limited
- Applies to
- Redcastle · Gold · Others
- Economic direction
- Mixed
- Period
- Dates not stated
- Key terms
- Former earned interest: 70 pct
How it affects our valuation
This arrangement has ended; no current valuation treatment is required.
Project-wide agreement under negotiation, with November2026 target; economic terms unavailable.
Other · Conditional- Counterparties
- Taungurung Land and Waters Council
- Applies to
- Sunday Creek
- Economic direction
- Mixed
- Period
- Dates not stated
- Key terms
- Agreement negotiation target: November2026
How it affects our valuation
No valuation treatment is available for this arrangement.
Exploratory antimony midstream discussions and testwork planning; no binding offtake or funded processing facility disclosed.
Strategic Partnership · Announced- Counterparties
- Victorian and Australian governments · International partners
- Applies to
- Sunday Creek · Others
- Economic direction
- Benefit
- Period
- Dates not stated
- Key terms
- Engagement: Antimony midstream processing discussions
Metso: FEL1 pilot testwork scope and planning toward FEL3
How it affects our valuation
No valuation treatment is available for this arrangement.
EXIM Letter of Intent application lodged; no awarded funding commitment disclosed.
Other · Announced- Counterparties
- Export-Import Bank of the United States
- Applies to
- Sunday Creek · Gold · Others
- Economic direction
- Benefit
- Period
- Dates not stated
- Key terms
- Status: Letter of Intent application lodged
How it affects our valuation
No valuation treatment is available for this arrangement.
Intrinsic value
Valuation
Valuation
Bear, base and bull values, investment cases, project valuations and the equity bridge are available to subscribers.
Sign in or enter a guest codeResource-price transmission
Sensitivity lab
Sensitivity lab
How our fair value responds to commodity prices and other drivers is available to subscribers.
Sign in or enter a guest codePeople, delivery and responsibility
Management background checks
A preliminary, limited review records the issuer-reported experience of the selected team and two senior leaders named by the issuer. Regulator directions at Sunday Creek and allegations against a former mine operator remain qualified company-level matters, not findings of individual fault.
Decision-relevant facts
Material summary
Michael Hudson
President and CEO / Managing Director
EnvironmentDocumented · High materiality
Regulator directions after sediment-water incident
Resources Victoria reported a May 2026 incident involving sediment-laden water entering Sunday Creek and issued directions on 21 May and 2 June. On 10 June it said the work restriction was no longer in force. Its 15 June update said the origin and possible enforcement remained under investigation. A later outcome has not been verified.
Role overlaps event; causation unproven · This person held company leadership during the reported event; the regulator did not establish personal involvement or fault.
Sunday Creek Project · Compliance monitoring; 15 June 2026 update
Evidence gaps · 3
- This is a partial screening. Dedicated person-specific research across required topics, former employers and regulators remains incomplete.
- Independent confirmation of qualifications and current role continuity is incomplete.
- No individual clearance or absence of adverse facts is implied.
Ryan Austerberry
Chief Operating Officer
EnvironmentDocumented · High materiality
Regulator charged former mine operator over tailings
Resources Victoria said in January 2026 that it charged Mandalay’s Costerfield operator over alleged improper operation of two tailings storage facilities; it identified the issue in December 2024. Austerberry was Mandalay COO and was reported to have Costerfield responsibility, and signed a separate company statement as a director in July 2024. The case outcome and any individual involvement are not established.
Role overlaps event; causation unproven · The regulator charged the operator, not the individual; no personal wrongdoing or direct involvement is established.
Resources regulator charges Mandalay Resources · 6 January 2026 notice
Appointment of Ryan Austerberry as COO · Attached release pp1–2; previous role
Mandalay Costerfield modern slavery statement · p9; July 2024 signatory
EnvironmentDocumented · High materiality
Regulator directions after sediment-water incident
Resources Victoria reported a May 2026 incident involving sediment-laden water entering Sunday Creek and issued directions on 21 May and 2 June. On 10 June it said the work restriction was no longer in force. Its 15 June update said the origin and possible enforcement remained under investigation. A later outcome has not been verified.
Role overlaps event; causation unproven · This person held company leadership during the reported event; the regulator did not establish personal involvement or fault.
Sunday Creek Project · Compliance monitoring; 15 June 2026 update
Evidence gaps · 3
- This is a partial screening. Dedicated person-specific research across required topics, former employers and regulators remains incomplete.
- Independent confirmation of qualifications and current role continuity is incomplete.
- No individual clearance or absence of adverse facts is implied.
Michael Frame
Chief Financial Officer
No supported material findings selected. See this executive’s report and evidence gaps.
Evidence gaps · 3
- This is a partial screening. Dedicated person-specific research across required topics, former employers and regulators remains incomplete.
- Independent confirmation of qualifications and current role continuity is incomplete.
- No individual clearance or absence of adverse facts is implied.
Mariana Bermudez
Corporate Secretary
No supported material findings selected. See this executive’s report and evidence gaps.
Evidence gaps · 3
- This is a partial screening. Dedicated person-specific research across required topics, former employers and regulators remains incomplete.
- Independent confirmation of qualifications and current role continuity is incomplete.
- No individual clearance or absence of adverse facts is implied.
Justin Mouchacca
Australian Company Secretary
No supported material findings selected. See this executive’s report and evidence gaps.
Evidence gaps · 3
- This is a partial screening. Dedicated person-specific research across required topics, former employers and regulators remains incomplete.
- Independent confirmation of qualifications and current role continuity is incomplete.
- No individual clearance or absence of adverse facts is implied.
Joe Seppelt
Head of Technology and Processing
No supported material findings selected. See this executive’s report and evidence gaps.
Evidence gaps · 3
- This is a partial screening. Dedicated person-specific research across required topics, former employers and regulators remains incomplete.
- Independent confirmation of qualifications and current role continuity is incomplete.
- No individual clearance or absence of adverse facts is implied.
Kenneth Bush
Head of Exploration
No supported material findings selected. See this executive’s report and evidence gaps.
Evidence gaps · 3
- This is a partial screening. Dedicated person-specific research across required topics, former employers and regulators remains incomplete.
- Independent confirmation of qualifications and current role continuity is incomplete.
- No individual clearance or absence of adverse facts is implied.
Nicholas Mead
Investor Relations and Corporate Development
No supported material findings selected. See this executive’s report and evidence gaps.
Evidence gaps · 3
- This is a partial screening. Dedicated person-specific research across required topics, former employers and regulators remains incomplete.
- Independent confirmation of qualifications and current role continuity is incomplete.
- No individual clearance or absence of adverse facts is implied.
Mark McOnie
Chief of Staff (listed by issuer 31 October 2026)
No supported material findings selected. See this executive’s report and evidence gaps.
Evidence gaps · 3
- This is a partial screening. Dedicated person-specific research across required topics, former employers and regulators remains incomplete.
- Independent confirmation of qualifications and current role continuity is incomplete.
- No individual clearance or absence of adverse facts is implied.
Laura Chibnall
Lead Permitting (listed by issuer 31 October 2026)
No supported material findings selected. See this executive’s report and evidence gaps.
Evidence gaps · 3
- This is a partial screening. Dedicated person-specific research across required topics, former employers and regulators remains incomplete.
- Independent confirmation of qualifications and current role continuity is incomplete.
- No individual clearance or absence of adverse facts is implied.
Company ownership
Investors & shareholders
Registered shareholder list unavailable
The available disclosures below do not provide a complete ranked register.
Disclosed substantial holders
Latest reviewed disclosure for each holder or reporting group
| Investor / reported group | Disclosed holding | Holding at |
|---|---|---|
| 11.63%Voting power | 2026-09-28 |
Sources & review notesEvidence checked through 2026-10-31
Coverage and limitations
- The issuer’s top-20 table contains Australian CDIs and its percentages use total CDIs, not total common shares. It is withheld because the snapshot’s ordinary-share register cannot represent CDI units or their percentage basis without mislabelling them.
- The Canadian circular identifies holders of 10% or more known to management; it does not establish complete coverage of the 5–10% range.
- Major-holder interest is historical and may have changed; direct, indirect and custodian interests may overlap.
Sources
- 2026 annual meeting notice and information circular
Southern Cross Gold Consolidated Ltd via ASX · Published 2026-10-09 · Accessed 2026-10-31
Company identifies Morcombe as holder of 31,368,201 common shares, 11.63%, as of 28 September 2026.
downloads/SX2/2026/2026-10-09_SX2 Notice of Annual General Meeting & Information Circular_35b4a13043af8883.pdf, PDF page 10
- Change in substantial holding
Darren Morcombe and Springtide Capital Pty Ltd via ASX · Published 2026-05-26 · Accessed 2026-10-31
Morcombe and Springtide notice identifies common-share group interest; the newer issuer circular gives the September measurement.
downloads/SX2/2026/2026-05-26_Change in substantial holding_f2955c18468fb2ec.pdf, page 1 visually inspected
- Corporate governance statement and shareholder information
Southern Cross Gold Consolidated Ltd via ASX · Published 2026-08-27 · Accessed 2026-10-31
Twenty largest Australian CDI holders; percentages are of CDIs outstanding rather than all common shares.
downloads/SX2/2026/2026-08-27_App 4G, Corporate Governance Statement, Shareholder Info_4c804321ba586736.pdf, page 30
Disclosed activity
Insider transactions
Trading activity3 buys · 1 sell shownNet cash last 12 months A$9.8mShow chartHide chart
On-market buyPlacement / plan subscriptionSaleMarker size = cash valueGrant, exercise, expiry or transferBars: cash bought (up) and sold (down) per month
| Date | Person / account | Activity / security | Quantity | Cash consideration | Price | Holding after |
|---|---|---|---|---|---|---|
| 2026-04-17 | Darren James Morcombe
Details & evidence for Darren James Morcombe on 2026-04-17Notice records A$10,352,230.02 consideration and on-market purchase on 17 April. As disclosed: On-market purchase
Springtide Capital Pty Ltd · Sole director and named associate Change in substantial holding ↗ | PurchaseCommon shares | 950,618 | AUD 10,352,230.02 | — | — |
| 2026-04-15 | Springtide Capital Pty Ltd
Details & evidence for Springtide Capital Pty Ltd on 2026-04-15Exercise of options, A$1,800,000 consideration; issue/expiry terms are not stated in this notice. As disclosed: Exercise of options
Change in substantial holding ↗ | ExerciseCommon shares | 1,500,000 | AUD 1,800,000.00 | — | — |
| 2025-11-07 | Darren James Morcombe
Details & evidence for Darren James Morcombe on 2025-11-07Off-market sale; notice discloses A$522,058.82 consideration. As disclosed: Off-market sale
Springtide Capital Pty Ltd · Sole director and named associate Change in substantial holding ↗ | SaleCommon shares | 73,529 | AUD 522,058.82 | — | — |
| 2025-05-07 | Darren James Morcombe
Details & evidence for Darren James Morcombe on 2025-05-07Private placement; notice discloses A$4,999,999.20 consideration. As disclosed: Private placement
Springtide Capital Pty Ltd · Sole director and named associate Change in substantial holding ↗ | SubscriptionCommon shares | 980,392 | AUD 4,999,999.20 | — | — |
| 2025-01-30 | Darren James Morcombe
Details & evidence for Darren James Morcombe on 2025-01-30Notice discloses CAD 36,242 consideration for the dated on-market purchase. As disclosed: On-market purchase
Springtide Capital Pty Ltd · Sole director and named associate Change in substantial holding ↗ | PurchaseCommon shares | 10,000 | CAD 36,242.00 | — | — |
Disclosed holding observations2 dated positions
Initial, final and threshold notices describe positions; these are not counted as purchases or sales.
| Holding at | Person / group | Type / security | Quantity | Percentage |
|---|---|---|---|---|
| 2026-04-15 | Darren Morcombe and Springtide Capital
Details & evidence for Darren Morcombe and Springtide Capital on 2026-04-15Group position comprises 24,132,839 for Morcombe and 7,235,362 for Springtide; components are not additive to the group total.
Change in substantial holding ↗ | ThresholdCommon shares | 31,368,201 | 11.67%Voting Power |
| 2025-01-15 | Darren Morcombe and Springtide Capital
Details & evidence for Darren Morcombe and Springtide Capital on 2025-01-15Group includes Morcombe and Springtide; acquired under scheme of arrangement, not asserted as a market purchase.
Becoming a substantial holder ↗ | ThresholdCommon shares | 28,000,720 | 13.22%Voting Power |
The closest covered peers
Peer comparison
Peer comparison pending
No peer comparison has been saved for this company.
An on-demand analysis selects up to five closest peers and checks what their differences mean for independent fair value.
Narrative and provenance
Research & Sources
AI Analyst Report
The full analyst report, its figures and the broker-style PDF are available to subscribers and invited guests.
Sign in or enter a guest codeChronological evidenceSource-document inventory9 documents
Eligible local ASX closing price, 13 October 2026Market Data · HighExtracted
Eligible local ASX closing price, 13 October 2026
- Document ID
- doc-sx2-20261013-price
- Published UTC
- 2026-10-13T00:00:00+00:00
- Projects
- —
- Commodities
- —
FY27 first quarter financials and management analysisResults · HighPartial
Reviewed valuation-material statements, capital, projects, arrangements and outlook; notes and technical summaries retain their original effective dates.
- Document ID
- doc-sx2-20261008-quarter
- Published UTC
- 2026-10-08T00:00:00+00:00
- Projects
- sunday-creek · redcastle · mt-isa
- Commodities
- gold · others
Australian Government Resources and Energy Quarterly, September2026Commodity Data · HighPartial
Read own gold and other-critical-minerals chapters from original Government PDF. Table9.1 distinguishes nominalUSD4567/oz2027 and4147/oz2031 from real2026USD4471/3760. Antimony commentary identifies improving feedstock supply, weaker Chinese prices and regional export differences. No antimony price forecast or SX2production forecast inferred.
- Document ID
- doc-gov-20261002-req
- Published UTC
- 2026-10-02T00:00:00+00:00
- Projects
- —
- Commodities
- —
Mining Forum Americas presentation by Nicholas MeadPresentation · MediumExtracted
Public conference session28September14:10MDT; automatically generated transcript accessed24October. Public event date is verified; transcript posting date unknown. Technical ambition and owner-build strategy considered qualitatively. Transcript cash/tenure numbers conflict with newer dated filing and are not used.
- Document ID
- doc-sx2-20260928-webcast
- Published UTC
- 2026-09-28T20:10:00+00:00
- Projects
- —
- Commodities
- —
Consolidated financial statements and MD&A for FY2026Results · HighPartial
Reviewed valuation-material statements, capital, projects, arrangements and outlook; notes and technical summaries retain their original effective dates.
- Document ID
- doc-sx2-20260827-annual
- Published UTC
- 2026-08-27T00:00:00+00:00
- Projects
- sunday-creek · redcastle · mt-isa
- Commodities
- gold · others
Annual information form FY2026Governance · HighPartial
Reviewed valuation-material statements, capital, projects, arrangements and outlook; notes and technical summaries retain their original effective dates.
- Document ID
- doc-sx2-20260827-aif
- Published UTC
- 2026-08-27T00:00:00+00:00
- Projects
- sunday-creek · redcastle · mt-isa
- Commodities
- gold · others
Updated Sunday Creek conceptual exploration targetResource Update · HighPartial
Updated Sunday Creek conceptual exploration target
- Document ID
- doc-sx2-20260804-target
- Published UTC
- 2026-08-04T00:00:00+00:00
- Projects
- sunday-creek
- Commodities
- gold · others
Accessible dated broker-summary counterargumentOther · MediumExtracted
FNArena summarizes May19ShawandPartners research: geological extension and highgrade expansion could support highercapacity/life. Full analystmodel unavailable. Broker price targets are excluded from economic calibration.
- Document ID
- doc-sx2-20260521-broker
- Published UTC
- 2026-05-21T00:00:00+00:00
- Projects
- —
- Commodities
- —
Northern Star proposed De Grey acquisition; historical calibration onlyTransaction · HighPartial
Northern Star proposed De Grey acquisition; historical calibration only
- Document ID
- doc-nst-20241202-degrey
- Published UTC
- 2024-12-02T00:00:00+00:00
- Projects
- —
- Commodities
- —
Evidence facts37
119129501 CAD
2026-05-31-5475812 CAD
2026-05-31-2319714 CAD
2026-05-3144817708 CAD
2026-05-3160913 m
2026-05-31269656755 shares
2026-10-07850000 options
2026-10-07160306 RSUs
2026-10-07270667061 shares
2026-10-0784014470 CAD
2026-08-31840785 CAD
2026-08-3110068776 CAD
2026-08-311575240 CAD
2026-08-319477000 CAD
2026-08-31263493975 CAD
2026-08-311.01 AUD/CAD
2026-08-310.9857 CAD/AUD
2026-08-3110.4–11.9 Mt @ 8.9–12.1 g/t AuEq; 3.0–4.6 Moz AuEq text
2026-08-0417564 m
2026-08-31435.5 m
2026-09-300 CAD
2026-08-3153361046 shares
2026-08-3118750 shares
2026-08-312.75 pct
2026-08-25True boolean
2026-08-25100 pct
2026-08-252500000 oz
2026-08-043900000 oz
2026-08-0463000 t
2026-08-0495000 t
2026-08-045000000000.0 AUD
2024-12-0213584000 oz
2024-11-1410.63 AUD/CDI
2026-10-131217062 CDIs
2026-10-134567 USD/oz
2026-10-024147 USD/oz
2026-10-023760 2026USD/oz
2026-10-02