Greenland Minerals Limited (ETM) AI Stock Analysis

• Market Cap: $144.54M
• Dividend Yield: N/A
• Average Volume (3M): 6.74M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.98
• Revenue Growth: N/A
• EPS Growth: 15.91%
• Country: AU
• Employees: 28
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): >-0.01
• Shares Outstanding: 1,979,980,000
• 10 Day Avg. Volume: 3,363,007
• 30 Day Avg. Volume: 6,739,991
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 0.36
• Enterprise Value/Revenue: 2.61K
• Enterprise Value/Gross Profit: -198.55
• Enterprise Value/Ebitda: -8.90
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 44 Neutral
• Price Target: AU$0.00 ▼(-100.00% Downside)

Greenland Minerals Limited's overall stock score is primarily impacted by its poor financial performance, characterized by declining revenues and persistent losses. While the technical analysis provides mixed signals, the negative P/E ratio and lack of dividend yield further weigh down the valuation. The absence of earnings call data and notable corporate events means these factors do not influence the score.

Greenland Minerals Limited Business Overview & Revenue Model

Company Description

Energy Transition Minerals Ltd engages in the mineral exploration and evaluation activities in Australia. The company primarily explores for rare earth elements, uranium, zinc, and fluorspar. It owns a 100% interest in the Kvanefjeld project located in southern Greenland. The company was formerly known as Greenland Minerals Limited and changed its name to Energy Transition Minerals Ltd in November 2022. Energy Transition Minerals Ltd was incorporated in 2006 and is headquartered in Subiaco, Australia.

How the Company Makes Money

Greenland Minerals Limited generates revenue primarily through the exploration, development, and potential eventual mining of rare earth elements and uranium. The company's main revenue stream is expected to come from the sale of these minerals, particularly from the Kvanefjeld project, once it reaches production. Additionally, the company may benefit from strategic partnerships with industry players or governments that seek to secure a stable supply of rare earths. Factors contributing to its earnings include the global demand for rare earth elements, pricing fluctuations in the commodities market, and the successful advancement of its mining projects through regulatory approvals and operational efficiencies.

Greenland Minerals Limited Financial Statement Overview

Summary

Greenland Minerals Limited faces significant financial challenges, with declining revenues and persistent losses. The balance sheet shows low leverage, which is a positive aspect, but profitability remains a major concern. Cash flow issues further exacerbate the company's financial position, indicating a need for strategic improvements to enhance operational efficiency and financial stability.

Income Statement

Greenland Minerals Limited has experienced significant revenue decline, with a negative revenue growth rate of -125.97% in the latest year. The company consistently reports negative profit margins, indicating ongoing operational challenges. The gross profit margin and net profit margin are both negative, highlighting inefficiencies in cost management and profitability.

Balance Sheet

The company's debt-to-equity ratio is low, suggesting minimal leverage, which is a positive aspect. However, the return on equity is negative, reflecting poor profitability relative to shareholder equity. The equity ratio is relatively stable, indicating a solid capital structure despite profitability issues.

Cash Flow

Greenland Minerals Limited shows negative operating and free cash flows, with a declining free cash flow growth rate of -38.38%. The operating cash flow to net income ratio is negative, indicating cash flow challenges. However, the free cash flow to net income ratio is positive, suggesting some ability to generate cash relative to net losses.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	20.00K	53.00K	372.00K	72.00K	121.00K
Gross Profit	-263.00K	-440.00K	104.00K	-179.00K	-129.00K
EBITDA	-5.68M	-6.19M	-6.05M	-92.86M	-2.80M
Net Income	-5.96M	-6.11M	-6.12M	-93.14M	-3.08M
Balance Sheet
Total Assets	17.27M	22.31M	29.31M	31.78M	127.27M
Cash, Cash Equivalents and Short-Term Investments	11.98M	16.15M	24.95M	30.31M	36.44M
Total Debt	34.00K	270.00K	1.08M	751.00K	490.00K
Total Liabilities	1.59M	1.49M	3.98M	1.90M	2.50M
Stockholders Equity	15.68M	20.82M	25.33M	29.88M	124.77M
Cash Flow
Free Cash Flow	-4.78M	-8.44M	-5.16M	-6.34M	-3.99M
Operating Cash Flow	-3.83M	-6.82M	-4.99M	-3.23M	-1.46M
Investing Cash Flow	-439.00K	-1.62M	-60.00K	-3.02M	-2.48M
Financing Cash Flow	113.00K	-362.00K	-200.00K	209.00K	31.83M

Greenland Minerals Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.07
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:ETM, the sentiment is Positive. The current price of 0.07 is above the 20-day moving average (MA) of 0.07, above the 50-day MA of 0.07, and above the 200-day MA of 0.06, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 55.44 is Neutral, neither overbought nor oversold. The STOCH value of 68.38 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:ETM.

Greenland Minerals Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MSV	73 Outperform	AU$60.41M	114.00	―	―	-16.97%	-94.15%
ETM	44 Neutral	$144.54M	―	-24.97%	―	―	15.91%
NMT	40 Underperform	AU$42.38M	-1.32	―	―	―	63.36%
EUR	34 Underperform	AU$132.33M	-0.58	―	―	―	-2581.36%
ASN	34 Underperform	AU$122.60M	-10.76	―	―	―	-38.60%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%

Greenland Minerals Limited Corporate Events

Energy Transition Minerals Ltd Releases 2025 Interim Financial Report

Energy Transition Minerals Ltd has released its 2025 Interim Financial Report, detailing the company’s financial performance and position. The report includes comprehensive financial statements and declarations, reflecting the company’s ongoing commitment to transparency and accountability in its operations. This announcement is significant for stakeholders as it provides insights into the company’s financial health and strategic positioning in the energy transition minerals market.

ETM Advances Exploration at Kvanefjeld Project in Greenland

Energy Transition Minerals Limited has announced progress in its 2025 field exploration program at the Kvanefjeld Rare Earth Element Project in Greenland. The ongoing geological mapping and rock sampling have revealed previously unknown surface expressions of prospective rocks, indicating potential new exploration targets. The program aims to refine geological models and identify new areas of interest within the company’s mineral license. Results from this field season are expected by the end of Q4 2025, potentially impacting the company’s operations and positioning in the rare earth elements market.

Energy Transition Minerals Announces Director’s Share Acquisition

Energy Transition Minerals Ltd has announced a change in the director’s interest notice, specifically regarding Mark Saxon. The change involves the acquisition of 351,273 fully paid ordinary shares through participation in a Share Purchase Plan, increasing the total number of shares held by Mr. Saxon and Mrs. Paula Saxon to 851,273. This adjustment in shareholding reflects ongoing investment and confidence in the company’s future prospects.

Energy Transition Minerals Ltd Announces Quotation of New Securities

Energy Transition Minerals Ltd has announced the quotation of 190,476,080 fully paid ordinary securities on the Australian Securities Exchange (ASX) as of September 1, 2025. This move is part of previously announced transactions and is expected to enhance the company’s market presence and liquidity, potentially benefiting stakeholders by increasing the accessibility of its shares.

Energy Transition Minerals Announces Share Purchase Plan Refunds and New Share Issuance

Energy Transition Minerals Limited announced the processing of refunds for scale backs and ineligible applications under its Share Purchase Plan (SPP). The company plans to issue new fully paid ordinary shares by September 1, 2025, at a price of $0.042 each, which will rank equally with existing shares. This move is part of the company’s efforts to manage its capital structure and provide opportunities for shareholder investment.

$8M Raised by Energy Transition Minerals in Oversubscribed Share Purchase Plan

Energy Transition Minerals Limited has successfully raised $8 million through a Share Purchase Plan (SPP), which was heavily oversubscribed, surpassing the initial target of $3 million. This financial boost, alongside a recent $10 million strategic placement, enhances the company’s balance sheet, positioning it strongly to advance its critical minerals development strategy in Europe.

Energy Transition Minerals Ltd Reports Change in Director’s Interest

Energy Transition Minerals Ltd has announced a change in the director’s interest, specifically concerning Mark Saxon. The company reported that 4,500,000 Class D Performance Rights held by Saxon expired unexercised on June 24, 2025, due to an administrative oversight. The company assures that it has adequate processes to adhere to continuous disclosure obligations regarding changes in director’s interests.

Director Resignation and Impact on Energy Transition Minerals Ltd

Energy Transition Minerals Ltd has announced the resignation of Director Xiaolei Guo, effective August 11, 2025. This change in the board may influence the company’s strategic direction, particularly as several performance rights tied to Guo have lapsed upon his resignation, potentially impacting future executive incentives and company operations.

Energy Transition Minerals Ltd Issues Unquoted Performance Rights

Energy Transition Minerals Ltd announced the issuance of 2,666,668 unquoted performance rights as part of a previously announced transaction. This move is part of the company’s strategic initiatives to enhance its operational capabilities and strengthen its position in the minerals market, potentially impacting its stakeholders by aligning with the growing demand for energy transition minerals.

Energy Transition Minerals Ltd Issues Unquoted Performance Rights

Energy Transition Minerals Ltd has announced the issuance of 2,666,668 unquoted performance rights as part of a previously disclosed transaction. This move is part of the company’s ongoing strategic initiatives to strengthen its position in the minerals sector, focusing on the transition to sustainable energy solutions.