Advance Metals Limited
AASX:AVM0.04
AUD
+0.00
(-2.50%)
ISIN
AU0000227720
Return %
Stock
S&P 500
1Y
-61.00
14.20
3Y
-47.10
81.12
5Y
-86.78
68.34
Capital Structure
AUD
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in mil. unless spec.Working Capital
AUD
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in mil. unless spec.Growth Rates
AUD
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in mil. unless spec.Semi-annual Revenue
AUD
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in mil. unless spec.Semi-annual Earnings Per Share
AUD
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in mil. unless spec.Semi-annual Dividends Per Share
AUD
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in mil. unless spec.Company Description
- CEO
- Adam Robert McKinnon
- Full Time Employees
- 2
- Sector
- Distribution services
- Industry
- Wholesale distributors
- Address
- 89 York Street Mount Hawthorn WA Australia 6016
- IPO Date
- Nov 5, 2007
- Website
- advancemetals.com.au
- Similar Companies
- Business
- Advance Metals Limited (ASX: AVM) is an Australian mineral exploration company focused on identifying, acquiring, and developing high-potential resource projects, primarily targeting gold, copper, and base metals deposits. The company offers exploration services including geophysical surveys, drilling programs, geological mapping, and resource estimation; it holds interests in key tenements such as the Barrick East and South Laverton projects in Western Australia's prolific goldfields, and the South Australian copper-gold assets. Operations span Australia, with primary activities in Western Australia and South Australia, targeting junior miners, institutional investors, and strategic partners in the resources sector; Advance Metals was founded in 2022 and is headquartered in West Perth, Australia. In the past year, Advance Metals has undergone significant strategic changes, including a major merger with ACDC Metals Limited in late 2024, which expanded its portfolio with the acquisition of the Bowdens silver project and other assets; the company also completed a capital raising of approximately A$10 million in equity funding to support aggressive drilling campaigns. Recent developments feature the launch of a new exploration program at the Eureka Gold Project and a partnership alliance with local indigenous groups for sustainable operations; additionally, it announced a name change from ACDC Metals to Advance Metals Limited in early 2025 to reflect its advanced-stage asset focus and rebranding for broader market appeal. These moves position the company for growth in the tightening global metals supply chain amid rising demand for critical minerals.