TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Metarock Group Limited ( (AU:MYE) ) has provided an update.
Mastermyne Group Limited reported a challenging FY2025 with a 27% decline in revenue to $214 million and a significant drop in underlying NPAT from $19.6 million to $3.2 million, primarily due to external events such as ignition incidents at key mines and a subdued market with lower coal prices. Despite these setbacks, the company strengthened its balance sheet with a 33% increase in net cash to $29.1 million and expanded its order book to $314 million with new projects, positioning itself for future growth through disciplined capital management and system improvements.
The most recent analyst rating on (AU:MYE) stock is a Buy with a A$0.36 price target. To see the full list of analyst forecasts on Metarock Group Limited stock, see the AU:MYE Stock Forecast page.
More about Metarock Group Limited
Mastermyne Group Limited operates in the mining services industry, providing specialized services and solutions primarily to the coal mining sector. The company focuses on safety, bid management, and fiscal discipline to maintain its competitive edge in a challenging market environment.
Average Trading Volume: 114,205
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$43.21M
Learn more about MYE stock on TipRanks’ Stock Analysis page.