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Dundas Minerals Limited
(Sydney:DUN)
Dundas Minerals Limited (DUN) vs. iShares MSCI Australia ETF (EWA)
Dundas Minerals Limited Business Overview & Revenue Model
Dundas Minerals Limited Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 3.01K | 0.00 |
| Gross Profit | -1.17K | -1.17K | -1.16K | -1.09K | 2.03K | -184.00 |
| EBITDA | -915.31K | -915.31K | -4.07M | -600.48K | -838.21K | -374.23K |
| Net Income | -1.13M | -1.13M | -4.08M | -603.47K | -842.15K | -377.17K |
Balance Sheet | ||||||
| Total Assets | 5.06M | 5.06M | 5.45M | 7.66M | 6.32M | 1.30M |
| Cash, Cash Equivalents and Short-Term Investments | 728.06K | 728.06K | 1.74M | 1.94M | 3.56M | 897.25K |
| Total Debt | 729.59K | 729.59K | 657.12K | 54.97K | 89.92K | 229.82K |
| Total Liabilities | 797.35K | 797.35K | 900.85K | 186.59K | 300.07K | 256.07K |
| Stockholders Equity | 4.27M | 4.27M | 4.55M | 7.47M | 6.02M | 1.04M |
Cash Flow | ||||||
| Free Cash Flow | -635.52K | -635.52K | -1.66M | -3.55M | -2.69M | -203.98K |
| Operating Cash Flow | -634.05K | -634.05K | -494.07K | -580.77K | -479.56K | -42.22K |
| Investing Cash Flow | -1.24M | -1.24M | -1.17M | -3.03M | -2.24M | -218.03K |
| Financing Cash Flow | 866.73K | 866.73K | 1.46M | 2.00M | 5.38M | 1.16M |
Dundas Minerals Limited Technical Analysis
Dundas Minerals Limited 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$19.36M | -4.37 | -61.72% | ― | ― | 8.81% | |
48 Neutral | AU$6.95M | -4.06 | -25.70% | ― | -100.00% | 80.33% | |
45 Neutral | AU$2.19M | -9.09 | -28.11% | ― | ― | ― | |
44 Neutral | AU$5.44M | -1.27 | -55.11% | ― | ― | -164.12% | |
42 Neutral | AU$6.47M | -1.09 | -135.06% | ― | ― | 30.99% | |
36 Underperform | AU$9.01M | -0.74 | -145.66% | ― | ― | 34.61% |
Dundas Minerals Limited Corporate Events
Dundas Minerals Limited has lodged an Appendix 3B with the ASX outlining a proposed placement of up to 13,126,806 new fully paid ordinary shares, with the issue scheduled for 31 December 2025. The capital raising, via a placement or similar structure, signals the company’s intention to bolster its funding base, which may support ongoing operations or future growth initiatives and has implications for existing shareholders through potential dilution and for the company’s market positioning depending on the use of proceeds and investor demand.
Cazaly Resources has entered into an agreement with Dundas Minerals under which Dundas can earn an 80% interest in Cazaly’s Romano greenfields gold project, a non-core asset located along the Yamarna Shear Zone adjacent to the Gruyere gold mine in Western Australia. Dundas will provide upfront consideration of $500,000 in cash and shares, with the potential for up to a further $1.2 million in staged cash and share payments tied to the grant of pending tenements, and commit $2 million in exploration spending over two years, while Cazaly retains a 20% interest free-carried to completion of a positive feasibility study, enabling it to monetise and advance Romano through a partner while concentrating capital and management attention on its flagship Goongarrie project.
Dundas Minerals Limited has acquired the right to earn an 80% interest in the Romano Project, a district-scale, approximately 800km² gold exploration package in the underexplored north eastern Goldfields of Western Australia, adjacent to the Gruyere gold mine on the Yamarna Shear Zone. The transaction significantly expands Dundas’ frontier gold footprint and aligns with its strategy of targeting large-scale systems, giving the company exposure to multiple priority prospects such as Bloodwood and Brahman, where historical drilling and geochemical data point to promising gold mineralisation, and prompting the build-out of a dedicated technical team as the company advances its growth plans into 2026.
Dundas Minerals Limited has announced a change in the director’s interest, specifically for Jonathan Downes. The company has issued 15,000,000 unlisted options as a performance-linked incentive to motivate and reward Mr. Downes, while also preserving the company’s cash reserves. This move, approved by shareholders at the recent Annual General Meeting, is part of the remuneration package for Mr. Downes, reflecting the company’s strategy to provide cost-effective compensation.
Dundas Minerals Limited has issued 22,400,000 fully paid ordinary shares to professional and sophisticated investors as part of a Tranche 2 Placement. This issuance was conducted without disclosure under the Corporations Act, and the company has confirmed compliance with relevant legal provisions. This move is likely to impact Dundas Minerals’ operations by potentially enhancing its financial position, thereby supporting its exploration activities in Western Australia.
Dundas Minerals Limited has announced the quotation of 22,400,000 ordinary fully paid securities on the Australian Securities Exchange as of December 11, 2025. This move is part of a previously announced transaction and is expected to enhance the company’s capital structure, potentially impacting its market positioning and stakeholder interests.
Dundas Minerals Limited announced a change in the director’s interest, with Jonathan Downes acquiring an additional 199,999 fully paid ordinary shares, increasing his total holdings to 2,699,999 shares. This on-market purchase reflects a strategic move by the director, potentially indicating confidence in the company’s future performance and stability, which could impact stakeholder perceptions positively.
Dundas Minerals Limited has completed an AI-driven gold targeting review over the Gerry Well Greenstone Belt, identifying promising exploration areas. The company has appointed Jonathan Downes as the new Managing Director following Shane Volk’s retirement and raised $1,120,000 through strategic fundraising. Dundas is focused on expanding its gold exploration projects, including the promising Rocklands and Baden-Powell deposits, supported by favorable market conditions and existing infrastructure.
Dundas Minerals Limited has retracted its previous ASX announcement regarding large-scale gold targets due to insufficient exploration data and reliance on machine learning and specialist mineral targeting technology. The company emphasizes that future exploration strategies will be developed using comprehensive information from its own and contractors’ findings, aiming for efficient exploration programs.
Dundas Minerals Limited has announced a proposed issue of 2,500,000 unlisted options, exercisable at $0.08 per option and expiring three years from the date of issue, as part of a placement or other type of issue. This move is aimed at raising capital to support the company’s ongoing exploration and development activities, potentially strengthening its position in the mining industry and offering growth opportunities for stakeholders.
Dundas Minerals Limited has announced its upcoming Annual General Meeting (AGM) for shareholders, scheduled for November 26, 2025, in Perth, Australia. Shareholders are encouraged to participate and submit their proxy voting instructions online by November 24, 2025. The company emphasizes the importance of reviewing the Notice of Meeting, available on its website and ASX platform, and updating contact details for future electronic communications.
Dundas Minerals Limited has announced its Annual General Meeting, which will take place on November 26, 2025, in Perth. The meeting will address several key resolutions, including the adoption of the remuneration report, the election and re-election of directors, approval of a mandate to issue equity securities, and ratification of shares issued to a director. These resolutions are significant for the company’s governance and strategic planning, potentially impacting shareholder value and the company’s operational direction.
Dundas Minerals Limited has announced that its Annual General Meeting will take place on November 26, 2025, with the election of directors as a key agenda item. The deadline for director nominations is set for October 27, 2025. This meeting is a significant event for the company, potentially impacting its strategic direction and governance, which could influence its exploration activities and stakeholder interests.
Dundas Minerals Limited has issued 26,766,669 fully paid ordinary shares, including shares for a new Managing Director as part of their remuneration package. This issuance, conducted without investor disclosure under specific sections of the Corporations Act, reflects the company’s compliance with relevant legal provisions and supports its strategic objectives in exploration and management expansion.
Dundas Minerals Limited has announced the quotation of 2,500,000 fully paid ordinary securities on the Australian Securities Exchange (ASX) under the code DUN. This move is part of a previously announced transaction and is expected to enhance the company’s capital structure, potentially impacting its market position and stakeholder interests.
Dundas Minerals Limited has announced the application for quotation of 24,266,669 ordinary fully paid securities on the Australian Securities Exchange (ASX) under the code DUN. This move is part of a transaction previously announced to the market, potentially impacting the company’s market presence and stakeholder interests.
Dundas Minerals Limited has announced a successful share placement raising $1.1 million from professional and sophisticated investors. The funds will be used for ongoing gold exploration in Western Australia, evaluating new opportunities, and general working capital. Additionally, the company has appointed Ms. Aida Tabakovic as the new Company Secretary, following the resignation of Mr. Shane Volk. This transition is expected to enhance Dundas’ corporate governance and compliance capabilities.
Dundas Minerals Limited has announced the cessation of Shane Volk as a director, effective October 7, 2025. This change in the board of directors is accompanied by a disclosure of Mr. Volk’s interests in the company’s securities, which includes 10,200,001 fully paid ordinary shares held directly and 2,933,714 shares held by Volksvs Super Fund. The announcement is part of the company’s compliance with ASX listing rules, ensuring transparency in its governance and operations.
Dundas Minerals Limited has announced the appointment of Jonathan Downes as a director, effective from October 7, 2025. As part of his appointment, Downes holds a significant interest in the company with 2,500,000 ordinary shares. This appointment is a strategic move for Dundas Minerals Limited, potentially impacting its governance and stakeholder relations positively.
Dundas Minerals Limited has announced a proposed issue of securities, involving the issuance of 15 million options with varying exercise prices and expiration dates. This strategic move is aimed at raising capital to support the company’s ongoing operations and potential growth initiatives, potentially impacting its market positioning and offering new opportunities for stakeholders.
Dundas Minerals Limited announced a proposed issue of 2,500,000 ordinary fully paid securities, as part of a placement or other type of issue. This move is expected to enhance the company’s capital structure, potentially improving its financial flexibility and ability to invest in future projects, thereby strengthening its position in the mining sector.
Dundas Minerals Limited has appointed Jonathan Downes as its new Managing Director, following the retirement of founding Managing Director Shane Volk. Downes brings over 30 years of experience in the mineral and energy sectors, having previously led Kaiser Reef Mining to become a profitable gold producer. His appointment is expected to enhance Dundas Minerals’ exploration and mining capabilities, benefiting both the company and its shareholders.
Dundas Minerals Limited has requested a trading halt on its securities pending an announcement regarding a capital raising initiative. This move indicates the company’s strategic efforts to secure additional funding, which could impact its market positioning and operations. The trading halt is expected to last until the announcement is made or normal trading resumes on 9 October 2025, whichever comes first.