DRE Shares Dreadnought Resources Limited
ASX · ASXLast in our picks 2026-10-23 — not in the current list; analysis below is from that screen
Energy-transition resource exposure could benefit from renewed strategic-materials investment.
Future value: $0.01 (+20.00%) · 6-12 months
Signal breakdown
- ▸Exploration results remain the principal near-term catalyst.
- ▾Below 50-day MA (-22.42%)
- ▾Near 52-week low (0% of range)
- ▸~20% upside to price target
Is DRE a buy right now?
Trend: DRE is trading below the 50-day average (-10.00%), RSI 49 — neutral momentum, with a 3-month return of -30.77%.
Valuation & quality: Dreadnought Resources Limited trades on forward P/E -0.3, price-to-book 0.75; fundamentals show net margin -265.9%, return on equity -4.3%, revenue growth 127.0% year on year.
Our screen: ACCUMULATE (score 1) — Energy-transition resource exposure could benefit from renewed strategic-materials investment.
Computed from end-of-day data; not personal advice.
12-month price chart
Monthly returns
| Mar 26 | Apr 26 | May 26 | Jun 26 | Jul 26 | Aug 26 | Sep 26 | Oct 26 |
|---|---|---|---|---|---|---|---|
| -33.30% | +0.00% | +0.00% | -50.00% | +0.00% | +0.00% | +0.00% | +0.00% |
Fundamentals
Technical signals
About Dreadnought Resources Limited
Dreadnought Resources Limited operates as mineral exploration and development company in Australia. It primarily explores for copper, nickel, gold, silver, lead, zinc, cobalt, antimony, and platinum group elements; rare earth elements; iron ore; and base metals.
Sector: Basic Materials · Industry: Other Industrial Metals & Mining · Australia · Website
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Market data from end-of-day feeds; AI-generated research for educational purposes only — not investment advice.