Top Page
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% | |
50 Neutral | AU$8.55M | -1.56 | -55.11% | ― | ― | -164.12% | |
48 Neutral | AU$6.62M | -3.96 | -25.70% | ― | -100.00% | 80.33% | |
48 Neutral | AU$26.82M | -5.75 | -61.72% | ― | ― | 8.81% | |
48 Neutral | AU$8.14M | -1.23 | -135.06% | ― | ― | 30.99% | |
45 Neutral | AU$2.19M | -9.09 | -28.11% | ― | ― | ― | |
36 Underperform | AU$8.32M | -0.80 | -145.66% | ― | ― | 34.61% |
Dundas Minerals Limited Corporate Events
Dundas Minerals Limited has reported a change in director Jonathan Downes’ interests, with an associated entity, Kiandra Nominees Pty Ltd
The most recent analyst rating on (AU:DUN) stock is a Hold with a A$0.04 price target. To see the full list of analyst forecasts on Dundas Minerals Limited stock, see the AU:DUN Stock Forecast page.
Dundas Minerals Limited has issued 9,188,764 fully paid ordinary shares on 6 January 2026, using provisions that allow share issuance without a prospectus under the Corporations Act. The company stated it is compliant with its continuous disclosure and financial reporting obligations and confirmed there is no excluded information relevant to the new share issue, signalling a routine capital management step that maintains regulatory transparency for existing and new shareholders.
The most recent analyst rating on (AU:DUN) stock is a Hold with a A$0.04 price target. To see the full list of analyst forecasts on Dundas Minerals Limited stock, see the AU:DUN Stock Forecast page.
Dundas Minerals Limited has applied to the ASX for quotation of 9,188,764 new fully paid ordinary shares under its code DUN, with an issue date of 6 January 2026. The move formalises the listing of these previously announced securities on the exchange, modestly increasing the company’s quoted share base and potentially enhancing liquidity for existing shareholders.
The most recent analyst rating on (AU:DUN) stock is a Hold with a A$0.04 price target. To see the full list of analyst forecasts on Dundas Minerals Limited stock, see the AU:DUN Stock Forecast page.
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.