Carnavale Resources Limited
0.07
AUD
+0.00
(+1.52%)
ISIN
AU000000CAV5
Return %
Stock
S&P 500
1Y
11.67
14.20
3Y
-22.45
81.12
5Y
-33.53
68.34
Capital Structure
AUD
•
in mil. unless spec.Working Capital
AUD
•
in mil. unless spec.Growth Rates
AUD
•
in mil. unless spec.Semi-annual Revenue
AUD
•
in mil. unless spec.Semi-annual Earnings Per Share
AUD
•
in mil. unless spec.Semi-annual Dividends Per Share
AUD
•
in mil. unless spec.Company Description
- CEO
- Humphrey W. Hale
- Full Time Employees
- 5
- Sector
- Non-energy minerals
- Industry
- Precious metals
- Address
- 389 Oxford Street Mount Hawthorn WA Australia 6016
- IPO Date
- Jan 23, 2007
- Website
- carnavaleresources.com
- Similar Companies
- Business
- Carnavale Resources Limited is a Western Australia-based mineral exploration company listed on the Australian Securities Exchange (ASX: CAV) and the Frankfurt Stock Exchange (YBB.FF). The company focuses on acquiring and advancing high-quality exploration and development projects primarily prospective for gold, nickel, platinum group elements (PGE), copper, cobalt, silver, tin, lithium, and other strategic minerals essential to the electric vehicle battery sector and new-age disruptive technologies. Its core assets include an 80% interest in the high-grade Kookynie Gold Project in the Yilgarn Craton, Western Australia, and full ownership of the Grey Dam nickel-cobalt project near Kalgoorlie. Carnavale also holds an option to acquire 80% interest in the Ora Banda South gold project, with additional exploration licenses and prospecting tenements focused on expanding its mineral resource base. In 2024 and 2025, Carnavale has significantly advanced the Kookynie Gold Project by completing multiple resource drilling campaigns, which allowed it to increase the Mineral Resource Estimate and publish an updated scoping study. The company initiated a Bankable Feasibility Study (BFS) in late 2025 aimed at moving the Kookynie project toward production readiness and engaged specialized consultants to progress the project to a shovel-ready status. Carnavale also raised approximately AUD 3 million through a placement targeting professional investors to fund the BFS and expansion activities. In parallel, it is restructuring its board to strengthen management skills for the mining phase, appointing Andy Beckwith as Non-Executive Chairman. Recent operational changes include strategic divestment of non-core assets like the Grey Dam nickel project to maintain focus on its gold projects and battery metals exploration. Founded in 2006 and headquartered in Mount Hawthorn, Western Australia, Carnavale Resources operates primarily in the mineral exploration sector targeting high-grade, truckable gold resources and strategic battery metals critical to future technology markets. The company leverages strategic partnerships and maintaining a highly experienced geological team to unlock value from its portfolio across Western Australia. This comprehensive approach positions Carnavale as a focused exploration and development firm catering to the growing demand for precious and strategic minerals driven by the global shift to clean energy and electric vehicles. Its recent capital raising, feasibility progression, and board realignment underscore a strategic move toward becoming a producer within the next few years.
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