Adavale Resources Ltd
ADD.AU
$0.00
Closing
0.00
1D
▼-28.57%
YTD
Market cap
$3.29M
52 week high
$0.02
52 week low
$0.00
Volume
7,390,302
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Market cap
$3.29M
Analysts' Rating
-
Price Target (Mean)
-
Total Analysts
0
P/E
Operating Margin
0.00%
Beta
1.93
Revenue Growth (Annual)
0.00%
52 week high
$0.02
52 week low
$0.00
Div. Yield
%
EPS Annual Growth
0.00
Note on Purification and Zakat
- Purification and Zakat (for long-term investing) calculations are in USD per share and based on AAOIFI methodology. AAOIFI requires purification every financial period (e.g. quarterly).
- If you follow S&P Shariah’s Dividend-only purification, then remove the impure income % from the dividends you receive. No purification required for non-dividend paying stocks, according to S&P Shariah.
- For Zakat, if you did not invest in a company from a long term perspective, then consider the shares as trading goods and give 2.5% of the total value if a year has passed on them.
Company Profile
Adavale Resources Limited is an Australia-based nickel sulphide exploration company. The Company is in the business of mineral exploration for nickel in Tanzania and Uranium in South Australia. The Company’s projects include Kabanga Jirani Nickel Project and Lake Surprise Uranium Project. It holds 100% of the Kabanga Jirani Nickel Project, a portfolio of over 12 granted licenses covering approximately 1,216 square kilometers along the Karagwe-Ankolean belt in Tanzania. The seven southernmost licenses are proximal to the Kabanga Nickel Deposit. It has farmed-in to two more licenses contiguous to its four southernmost licenses, adding approximately 99 square kilometers to the portfolio (Luhuma Nickel Project). The Lake Surprise Project area is located in South Australia, approximately 550 kilometers (km) north of Adelaide, and 70 km east of Marree. The Company holds four tenements, such as EL5892, EL5893, EL 6821 and EL6598, with a total area of approximately 1,078 square kilometers.
