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Diablo Resources Limited (AU:DBO)
ASX:DBO
Australian Market

Diablo Resources Limited (DBO) AI Stock Analysis

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AU

Diablo Resources Limited

(Sydney:DBO)

30Underperform
Diablo Resources Limited's overall score reflects significant financial and operational challenges, including no revenue and ongoing losses. The technical indicators suggest bearish momentum, and the negative P/E ratio points to profitability issues. The company's debt-free status is a positive aspect, but it is overshadowed by declining equity and negative cash flows, necessitating strategic changes for financial stabilization.

Diablo Resources Limited (DBO) vs. S&P 500 (SPY)

Diablo Resources Limited Business Overview & Revenue Model

Company DescriptionDiablo Resources Limited (DBO) is a mineral exploration company focused on the discovery and development of mineral deposits. The company operates primarily within the mining sector, with a particular emphasis on precious and base metals. Diablo Resources is engaged in the exploration and development of resource projects in various regions, leveraging advanced geological techniques to identify and capitalize on mineral-rich prospects.
How the Company Makes MoneyDiablo Resources Limited makes money primarily through the exploration and eventual development of mineral resources. The company generates revenue by identifying promising mineral deposits and either selling these assets to larger mining companies or entering into joint ventures to share in the potential profits. Additionally, Diablo Resources may earn income through strategic partnerships and the issuance of mining licenses or royalties. The company’s ability to secure funding for exploration activities and successfully navigate regulatory requirements also plays a crucial role in its revenue generation.

Diablo Resources Limited Financial Statement Overview

Summary
Diablo Resources Limited faces significant financial challenges, with no revenue generation and ongoing losses impacting its operational viability. While the company has no debt, its declining equity and negative cash flows highlight the need for strategic changes to stabilize its financial health.
Income Statement
10
Very Negative
Diablo Resources Limited is currently operating at a loss, with no revenue reported in recent periods. The company has negative EBITDA over multiple periods, indicating ongoing operational challenges and lack of profitability.
Balance Sheet
30
Negative
The company has maintained a debt-free balance sheet, which is a positive sign. However, the stockholders' equity has decreased significantly over time, and total assets have been declining, indicating a weakening financial position.
Cash Flow
15
Very Negative
The company exhibits negative free cash flow, with significant cash outflows in investing activities. The absence of consistent operating cash flow suggests reliance on external financing, which may not be sustainable in the long term.
Breakdown
TTMJun 2024Jun 2023Jun 2022Jun 2021
Income StatementTotal Revenue
0.000.000.000.000.00
Gross Profit
0.000.000.000.000.00
EBIT
-483.56K-517.09K-812.16K-98.24K
EBITDA
-3.82M-483.56K-517.09K0.000.00
Net Income Common Stockholders
-9.77M-4.15M-806.27K-98.24K
Balance SheetCash, Cash Equivalents and Short-Term Investments
279.60K556.58K2.52M4.24M1.00
Total Assets
607.09K821.63K10.04M13.66M1.00
Total Debt
0.000.000.000.0019.04K
Net Debt
-279.60K-556.58K-2.52M-4.24M19.04K
Total Liabilities
355.29K114.77K530.99K64.38K98.24K
Stockholders Equity
251.79K706.86K9.51M13.59M-98.24K
Cash FlowFree Cash Flow
-2.93M-1.38M-1.76M-19.04K
Operating Cash Flow
-491.20K-390.08K-323.40K-19.04K
Investing Cash Flow
-2.43M-1.17M-1.58M0.00
Financing Cash Flow
0.00958.47K0.006.00M19.04K

Diablo Resources Limited Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.01
Price Trends
50DMA
0.02
Negative
100DMA
0.02
Negative
200DMA
0.02
Negative
Market Momentum
MACD
>-0.01
Positive
RSI
37.48
Neutral
STOCH
6.67
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:DBO, the sentiment is Negative. The current price of 0.01 is below the 20-day moving average (MA) of 0.01, below the 50-day MA of 0.02, and below the 200-day MA of 0.02, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 37.48 is Neutral, neither overbought nor oversold. The STOCH value of 6.67 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:DBO.

Diablo Resources Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (49)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
AUGBR
55
Neutral
AU$59.31M-57.60%-300.00%
49
Neutral
$1.95B-1.50-22.00%3.79%0.66%-27.40%
AUTLM
45
Neutral
$29.19M-20.67%4.00%
AUPDI
39
Underperform
AU$953.66M-9.04%-114.29%
AUDBO
30
Underperform
-192.86%-1565.52%
AUMOH
28
Underperform
AU$2.19M-140.65%-117.65%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:DBO
Diablo Resources Limited
0.01
-0.01
-50.00%
AU:TLM
Talisman Mining Limited
0.16
-0.14
-47.46%
AU:MOH
Moho Resources Ltd.
AU:GBR
Great Boulder Resources Ltd
0.08
0.02
33.33%
AU:PDI
Predictive Discovery Limited
0.36
0.15
71.43%

Diablo Resources Limited Corporate Events

Diablo Resources Announces Director’s Interest Changes
Apr 23, 2025

Diablo Resources Limited announced a change in the director’s interest, specifically involving Paul Lloyd. The changes include the acquisition of 4,500,000 options and 1,222,222 ordinary shares, while also disposing of previously held performance rights. These changes reflect strategic adjustments in the director’s holdings, potentially impacting the company’s governance and investment strategies.

Diablo Resources Issues New Unquoted Options
Apr 23, 2025

Diablo Resources Limited announced the issuance of 27,522,221 unquoted options, set to expire on April 23, 2028, with an exercise price of $0.036. This issuance is part of a previously announced transaction, reflecting the company’s ongoing strategic efforts to manage its equity and potentially enhance its financial position.

Diablo Resources Secures Shareholder Approval for Strategic Resolutions
Apr 17, 2025

Diablo Resources Limited announced that all resolutions were passed during their General Meeting held on April 17, 2025. The resolutions included ratifications and approvals related to share placements and incentive options, indicating a strategic move to strengthen their financial and operational capabilities.

Diablo Resources Reports Promising Copper Discoveries at Phoenix Project
Mar 25, 2025

Diablo Resources Ltd has announced promising initial results from its exploration activities at the Phoenix Copper Project, located near the Utah/Colorado border. The project, which is situated along strike from the Lisbon Valley Copper Mine, has shown significant copper mineralization through various sampling methods, with rock chips yielding up to 42.6% copper. The ongoing exploration efforts, including soil geochemistry and geological mapping, aim to identify multiple drill targets for testing in 2025. These developments could enhance Diablo’s positioning in the copper mining industry and potentially offer substantial benefits to stakeholders as copper prices continue to rise.

Diablo Resources to Hold General Meeting for Key Resolutions
Mar 14, 2025

Diablo Resources Limited has announced a General Meeting to be held on April 17, 2025, in West Perth, WA. The meeting will address several resolutions, including the ratification of prior share issues and approvals for issuing new shares and options to key stakeholders, including directors and the lead manager. These resolutions are aimed at strengthening the company’s financial position and aligning the interests of key stakeholders with the company’s growth objectives.

Diablo Resources Schedules General Meeting for Shareholders
Mar 14, 2025

Diablo Resources Limited has announced a General Meeting for its shareholders, scheduled for April 17, 2025, at its West Perth office. Shareholders are encouraged to participate in the meeting by voting online or returning a proxy form by April 15, 2025. This meeting is crucial for stakeholders as it involves important company decisions, and shareholders are advised to review the Notice of Meeting thoroughly.

Matthew Banks Acquires Substantial Stake in Diablo Resources Limited
Mar 10, 2025

Diablo Resources Limited has announced that Matthew Banks has become a substantial holder in the company, acquiring a 6.38% voting power through his relevant interests. This development signifies a notable shift in the company’s shareholder structure, potentially impacting its strategic decisions and stakeholder dynamics.

Diablo Resources Limited Releases Interim Financial Report for H2 2024
Mar 5, 2025

Diablo Resources Limited has released its consolidated interim financial report for the half-year ended December 31, 2024. The report provides a comprehensive overview of the company’s financial performance, including statements of income, financial position, changes in equity, and cash flows. This release is crucial for stakeholders to assess the company’s financial health and operational efficiency during the specified period.

Diablo Resources Issues Securities Under Corporations Act
Feb 26, 2025

Diablo Resources Limited has announced the issuance of securities without disclosure to investors under the Corporations Act 2001. The company has confirmed compliance with relevant provisions of the Act and stated that there is no additional excluded information required for disclosure. This move may impact the company’s financial structure and investor relations, reflecting its strategic decisions in capital management.

Diablo Resources Limited Announces Quotation of New Securities
Feb 26, 2025

Diablo Resources Limited has announced the quotation of 25,750,000 ordinary fully paid securities on the Australian Securities Exchange (ASX) under the code DBO. This move is part of a previously announced transaction, potentially impacting the company’s market presence and providing additional liquidity for stakeholders.

Diablo Resources Unveils Promising Copper Mining Ventures
Feb 25, 2025

Diablo Resources Limited has announced a promising new copper opportunity involving two significant mining projects. The Bingham Canyon Mine is the second largest copper producer in the USA, with over 100Kt of refined annual copper production. The Lisbon Valley Copper Mine boasts a substantial proven and probable resource of 570 million lbs, with high-grade rock chip samples and copper mineralization traced over 750 meters at the surface. This opportunity presents a low-cost entry with potential exploration upside, enhancing Diablo Resources’ position in the copper mining industry.

Diablo Resources Targets High-Grade Copper with New Phoenix Project
Feb 18, 2025

Diablo Resources Limited has announced the acquisition of the Phoenix Copper Project, located near the Lisbon Valley Copper Mine in Utah, USA. Initial sampling has shown promising results, with high-grade copper mineralization and potential for significant exploration opportunities. The project offers a strategic advantage due to its proximity to existing copper production, and the company’s planned exploration activities could enhance its positioning in the copper market. Diablo’s technical team aims to leverage modern exploration techniques to identify drill targets for the 2025 exploration season, potentially increasing the company’s copper resources and impact in the industry.

Diablo Resources Initiates Trading Halt Ahead of Major Announcement
Feb 17, 2025

Diablo Resources Limited (ASX: DBO) has announced a trading halt on its securities as it prepares to release an announcement about a potential project acquisition and capital raising. The trading halt will remain in place until the earlier of 19 February 2025 or when the announcement is made, potentially impacting the company’s market activities and investor outlook.

Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.