Accelerate Resources Limited [ASX:AX8] share price and news 2022

Company Description

Accelerate Resources Limited (AX8) is an Australian company pursuing various investment opportunities in the resources sector designed to add shareholder value by acquiring, exploring, evaluating and exploiting mineral resource project opportunities.

Accelerate Resources Limited belongs to Materials sector and under industry of Diversified Metals & Mining. You can get more information about this company via their website: http://www.ax8.com.au.

This a small cap company with market cap of 8 millions.

Compared to Market and Sector

The following table compares the company to Market and Sector based on Earning, Price/Earning ratio(P/E), Price/Book ratio (P/B) and PE growth.

Company PE is less than both sector and market. while Company PB is less than both sector and market. On the other hand, Company Earning is less than both sector and market.

Earnings PE PB PE growth
Company 0 0 1.35 0
Market 0.85 22.3 1.99 0.84
Sector 1.02 15.5 2.44 0.55

Dividend Growth Chart

The following chart shows you how ax8 dividend grows in the recent years.

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