Szczegóły publikacji
Opis bibliograficzny
Financial determinants of the value of exploration companies listed on the Australian Securities Exchange in the context of the national raw materials policy / Tomasz LEŚNIAK, Arkadiusz KUSTRA, Maroš Begáni // Acta Montanistica Slovaca ; ISSN 1335-1788 . — 2026 — vol. 31 iss. 1, s. 1–19. — Bibliogr. s. 17–19, Abstr.
Autorzy (3)
- AGHLeśniak Tomasz
- AGHKustra Arkadiusz
- Begáni Maroš
Słowa kluczowe
Dane bibliometryczne
| ID BaDAP | 168837 |
|---|---|
| Data dodania do BaDAP | 2026-08-07 |
| Tekst źródłowy | URL |
| DOI | 10.46544/AMS.v31i1.01 |
| Rok publikacji | 2026 |
| Typ publikacji | artykuł w czasopiśmie |
| Otwarty dostęp |  |
| Creative Commons | |
| Czasopismo/seria | Acta Montanistica Slovaca |
Abstract
Stock price is the most frequently cited financial parameter forming the basis for the valuation of stock exchange listed companies. It is supposed to reflect the market value of the company – however, is such a correlation applicable in the case of exploration companies, peculiar in terms of the huge expenditure related to capital outlays and generated as a consequence of revenues and costs? The analysis and research conducted were intended to identify factors that influence the market value of junior mining companies. The first part of the article dealt with the influence of political instruments assisting exploration entities on their participation in financing through the listing of stocks on the Australian Securities Exchange (ASX). Classifying companies in terms of their market capitalisation, the authors carried out a market analysis, assisted by selected methods of technical analysis, the aim of which was to find a correlation between the prices of stocks and the market value added, understood as a part of the market value. The final part of the study includes a statistical analysis using the multiple regression method to identify the factors (drivers) of value, which are statistically considered in the process of creation of the market value of junior companies. As a result, they obtained mathematical correlations describing the impact of the identified variables on the market value of exploration companies.
