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Australian Mines
(Sydney:AUZ)
Australian Mines (AUZ) vs. iShares MSCI Australia ETF (EWA)
Australian Mines Business Overview & Revenue Model
Australian Mines Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 139.00K | 54.00K | 0.00 | 63.00K |
| Gross Profit | -4.00K | -4.00K | 139.00K | -82.00K | -190.00K | -172.00K |
| EBITDA | -1.88M | -1.88M | -3.49M | -3.17M | -5.56M | -3.94M |
| Net Income | -1.88M | -1.88M | -3.80M | -4.11M | -5.79M | -4.49M |
Balance Sheet | ||||||
| Total Assets | 45.10M | 45.10M | 46.98M | 45.31M | 42.25M | 37.23M |
| Cash, Cash Equivalents and Short-Term Investments | 1.45M | 1.45M | 4.49M | 4.63M | 3.99M | 3.64M |
| Total Debt | 0.00 | 0.00 | 0.00 | 2.83M | 181.00K | 345.00K |
| Total Liabilities | 178.00K | 178.00K | 258.00K | 3.85M | 1.28M | 848.00K |
| Stockholders Equity | 44.93M | 44.93M | 46.72M | 41.47M | 40.97M | 36.38M |
Cash Flow | ||||||
| Free Cash Flow | -3.00M | -3.00M | -3.87M | -5.93M | -9.66M | -4.94M |
| Operating Cash Flow | -1.71M | -1.71M | -1.48M | -2.40M | -4.25M | -1.77M |
| Investing Cash Flow | -1.30M | -1.30M | -2.42M | -3.48M | -5.41M | -3.17M |
| Financing Cash Flow | 0.00 | 0.00 | 3.76M | 6.52M | 10.01M | 5.34M |
Australian Mines Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
51 Neutral | AU$36.91M | -13.85 | -4.02% | ― | ― | 74.51% | |
50 Neutral | AU$42.26M | -9.36 | -15.50% | ― | ― | 3.79% | |
49 Neutral | AU$21.42M | -9.09 | -6.61% | ― | ― | ― | |
47 Neutral | AU$13.60M | ― | -5.71% | ― | ― | 16.67% | |
42 Neutral | AU$12.07M | -6.29 | ― | ― | ― | 93.44% | |
41 Neutral | AU$40.24M | -6.05 | -5.81% | ― | -67.81% | -244.10% |
Australian Mines Corporate Events
Australian Mines’ latest quarterly report highlights solid progress at its Boa Vista Gold Project in Brazil, where diamond drilling at the VG1 target intersected the interpreted mineralisation envelope as planned and delivered a standout intercept of 160.8 gram-metres from hole VGADD0002, the second-best result recorded on the project to date. These early results, together with the identification of a new near-surface high-grade zone (Biota) not included in the historical resource, support the company’s strategy to define the geometry, continuity and potential scale of the Boa Vista mineralised system. In New South Wales, the company has begun a targeted drilling program at its Flemington scandium–nickel–cobalt project to test a large underexplored geophysical anomaly adjacent to the existing high-grade scandium resource, while SRK Consulting has been engaged to update the Flemington Scoping Study with an emphasis on scandium production. To underpin these expanded exploration activities and provide working capital, Australian Mines has secured firm commitments for a $4 million strategic placement, enabling the company to upscale its drill programs at both Boa Vista and Flemington and potentially strengthen its future resource base and project economics.
The most recent analyst rating on (AU:AUZ) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Australian Mines stock, see the AU:AUZ Stock Forecast page.
Australian Mines has reported strong initial assay results from the first three diamond drill holes of its 11‑hole 2025 campaign at the Boa Vista Gold Project in Brazil, confirming broad, continuous gold mineralisation with higher‑grade internal zones within the interpreted mineralised envelope. The standout hole, VGADD0002, delivered 120 metres at 1.34 g/t gold, including 16 metres at 3.53 g/t, ranking as the project’s second‑best gram‑metre intercept to date and reinforcing the potential for a continuous mineralised system along strike and down dip. With assays for eight holes still pending, the company plans to integrate the new data into updated mineralisation models and targeting, which will guide follow‑up drilling priorities and help refine its exploration strategy toward potential resource definition at Boa Vista.
The most recent analyst rating on (AU:AUZ) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Australian Mines stock, see the AU:AUZ Stock Forecast page.
Australian Mines Limited has issued a correction to a previously lodged ASX Appendix 3Y relating to director Michael Elias, replacing the earlier notice from 22 December 2025 with an updated version to rectify errors. The corrected filing clarifies the director’s direct and indirect interests in the company’s securities, reinforcing the company’s compliance with ASX disclosure requirements and ensuring more accurate transparency for investors and regulators.
The most recent analyst rating on (AU:AUZ) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Australian Mines stock, see the AU:AUZ Stock Forecast page.
Australian Mines Limited has completed Phase 1 drilling at its Flemington Scandium–Nickel–Cobalt Project in New South Wales, with assay results expected in the coming weeks and Phase 2 drilling scheduled to restart in early February 2026, subject to access, weather and operational conditions. The company has also engaged SRK Consulting to prepare an updated scoping study that will prioritise scandium production, using a larger and higher-grade mineral resource estimate than was applied in its 2017 study, in order to refine technical and commercial assumptions and guide future development planning for Flemington.
The most recent analyst rating on (AU:AUZ) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Australian Mines stock, see the AU:AUZ Stock Forecast page.
Australian Mines Limited has disclosed a change in director Dominic Marinelli’s interests in the company’s securities, following the lapse of 296,610 unlisted options exercisable at $0.089 that expired on 20 December 2025. While Marinelli’s option holding has been reduced to zero, his substantial direct and indirect holdings in fully paid ordinary shares remain unchanged, indicating no alteration to his equity stake in the company and signalling that the update is a compliance-driven notification rather than a shift in director alignment or control.
Australian Mines Limited has announced the cessation of 26,639,810 listed options (ASX code: AUZAL) that expired on 20 December 2025 without being exercised or converted. The expiry of these options reduces the company’s pool of potential dilutive securities and slightly simplifies its capital structure, with no new shares issued as a result of the lapse, which may be relevant for existing shareholders assessing future dilution and capital management.
Australian Mines Limited has announced the quotation of new securities on the Australian Securities Exchange (ASX), with a total of 132 ordinary fully paid shares to be issued. This move indicates a strategic step in enhancing the company’s capital structure, potentially impacting its market positioning by providing additional resources for its operations and growth initiatives.
Australian Mines Limited has issued 132 fully paid ordinary shares without disclosure to investors under the Corporations Act, confirming compliance with relevant legal provisions. This move reflects the company’s ongoing commitment to transparency and regulatory adherence, potentially impacting its market operations and stakeholder relations positively.
Australian Mines Limited has announced a new application for the quotation of securities, with a total of 132 ordinary fully paid securities to be quoted. This move reflects the company’s ongoing efforts to manage its financial instruments and enhance its market presence, potentially impacting its operational strategies and stakeholder interests.
Australian Mines Limited has announced a change in the interests of its director, Dominic Marinelli, who has acquired an additional 8,000,000 fully paid ordinary shares under the company’s Loan Share Plan. This acquisition, approved at the 2025 AGM, increases Marinelli’s total holdings significantly, reflecting a strategic move that could enhance his influence within the company and potentially impact its governance and strategic direction.
Australian Mines Limited has issued fully paid ordinary shares and/or options without disclosure to investors, as per the Corporations Act, confirming compliance with relevant legal provisions. This move signifies the company’s ongoing efforts to strengthen its financial position and operational capabilities, potentially impacting its market presence and stakeholder interests.
Australian Mines Limited has announced changes to the remuneration package of its CEO, Andrew Nesbitt, to better align with the company’s strategic priorities. These amendments are intended to incentivize the achievement of key operational milestones and ensure leadership stability during a crucial growth phase, thereby enhancing shareholder value.
Australian Mines Limited announced the issuance of 40,000,000 fully paid ordinary securities to directors and the CEO as part of a remuneration package, following shareholder approval. This move is likely aimed at aligning the interests of the management with those of the shareholders, potentially impacting the company’s operational strategies and market positioning positively.
Australian Mines Limited announced the quotation of 123,332,997 securities on the Australian Securities Exchange, set to expire on May 6, 2027. This move is part of previously announced transactions and may impact the company’s market operations and stakeholder interests by potentially increasing liquidity and investment opportunities.
Australian Mines Limited announced the results of its Annual General Meeting, highlighting key resolutions that were passed. These include the adoption of the remuneration report, re-election of a director, approval of a 10% placement capacity, and ratification of the issue and allotment of placement shares. The outcomes of these resolutions reflect strategic decisions aimed at enhancing the company’s operational capabilities and shareholder value.
Australian Mines Limited has commenced drilling at its Flemington Scandium-Nickel-Cobalt Project in New South Wales, aiming to explore a large geophysical anomaly adjacent to its existing high-grade scandium resource. This drilling program is designed to test potential extensions of the scandium mineralized system and refine the geological model, which could enhance the project’s strategic value. The initiative aligns with Australian Mines’ proprietary scandium-doped metal hydride technology, potentially creating a significant strategic advantage by integrating a world-class scandium deposit with breakthrough hydrogen storage technology, thus supporting the global energy transition.
Australian Mines Limited has announced significant progress in its projects for the quarter ending September 2025. The company has initiated a diamond drilling program at the Boa Vista Gold Project in Brazil, following the discovery of a new high-grade zone, the Biota Zone. Additionally, the Flemington Scandium Project in New South Wales is set to commence drilling in mid-November 2025. The company has also raised $6.5 million through placements to fund these exploration activities and strengthen its working capital. Furthermore, an independent evaluation of their Metal Hydride Program has confirmed its potential for long-duration energy storage, supporting the company’s strategic focus on innovative energy solutions.