Top Page
FireFly Metals
(Sydney:FFM)
FireFly Metals (FFM) vs. iShares MSCI Australia ETF (EWA)
FireFly Metals Business Overview & Revenue Model
FireFly Metals 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 | 0.00 | 0.00 |
| Gross Profit | -1.76M | -4.16M | -3.02M | -554.20K | -99.31K | -55.81K |
| EBITDA | -10.73M | -16.29M | -20.62M | -2.92M | -3.06M | -3.31M |
| Net Income | -5.64M | -11.36M | -22.45M | -3.48M | -3.16M | -3.37M |
Balance Sheet | ||||||
| Total Assets | 368.12M | 368.12M | 249.01M | 85.90M | 83.69M | 61.90M |
| Cash, Cash Equivalents and Short-Term Investments | 106.75M | 106.75M | 40.68M | 6.02M | 13.59M | 21.79M |
| Total Debt | 1.44M | 1.44M | 2.00M | 1.84M | 71.26K | 264.89K |
| Total Liabilities | 24.50M | 24.50M | 43.28M | 4.37M | 9.55M | 6.75M |
| Stockholders Equity | 321.38M | 321.38M | 184.09M | 59.59M | 56.63M | 39.08M |
Cash Flow | ||||||
| Free Cash Flow | -33.08M | -70.75M | -72.32M | -16.13M | -26.69M | -11.94M |
| Operating Cash Flow | -2.18M | -7.06M | -13.65M | 1.18M | -6.32M | -2.49M |
| Investing Cash Flow | -38.40M | -63.69M | -61.48M | -17.59M | -21.95M | -9.46M |
| Financing Cash Flow | 133.26M | 133.26M | 107.39M | 8.87M | 19.69M | 28.81M |
FireFly Metals Technical Analysis
FireFly Metals Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
80 Outperform | AU$1.05B | 7.75 | 33.38% | ― | 45.73% | 716.15% | |
77 Outperform | AU$560.27M | 13.97 | 7.01% | 5.45% | 16.86% | 3.03% | |
73 Outperform | $456.99M | 9.86 | 14.01% | ― | 10.84% | ― | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
58 Neutral | $1.54B | -98.08 | -4.41% | ― | ― | 73.09% | |
47 Neutral | AU$392.95M | -25.59 | -179.67% | ― | -100.00% | -6.00% | |
46 Neutral | AU$388.16M | -8.76 | -90.12% | ― | ― | -98.20% |
FireFly Metals Corporate Events
FireFly Metals has issued 22,056 fully paid ordinary shares following the conversion of 42,667 vested performance rights granted under its Employee Securities Incentive Plan, modestly increasing its share capital while rewarding employees and executives with equity. The company confirmed the shares were issued without a prospectus in reliance on Australian Corporations Act provisions and stated it remains compliant with its continuous disclosure and reporting obligations, signalling no undisclosed price-sensitive information for investors.
The most recent analyst rating on (AU:FFM) stock is a Hold with a A$2.00 price target. To see the full list of analyst forecasts on FireFly Metals stock, see the AU:FFM Stock Forecast page.
Firefly Metals has applied to the ASX for quotation of 22,056 new ordinary fully paid shares, increasing its listed securities on the Australian market. The additional shares arise from the exercise or conversion of existing options or other convertible securities and represent a modest capital expansion that slightly broadens the company’s equity base without materially altering its capital structure.
The most recent analyst rating on (AU:FFM) stock is a Hold with a A$2.00 price target. To see the full list of analyst forecasts on FireFly Metals stock, see the AU:FFM Stock Forecast page.
FireFly Metals has applied for quotation of 5,881,744 new ordinary fully paid shares on the ASX under its existing ticker FFM. The additional securities, to be issued on 30 December 2025, expand the company’s quoted capital base and may influence liquidity and ownership structure once trading in the new shares commences.
The most recent analyst rating on (AU:FFM) stock is a Buy with a A$2.45 price target. To see the full list of analyst forecasts on FireFly Metals stock, see the AU:FFM Stock Forecast page.
FireFly Metals has doubled its share purchase plan to A$10 million after receiving applications totalling about A$31 million from eligible retail shareholders, reflecting strong demand and support for the company’s Green Bay Copper Gold Project. Conducted alongside a roughly A$139 million equity raising through an institutional placement, a Canadian bought deal offering and a charity flow-through placement, the capital initiatives are expected to leave FireFly with about A$246.9 million in cash before costs, funding a nine‑rig drilling program, resource growth and upgrade work, underground development, pre‑construction activities, mining studies and working capital, while the scaled-back SPP allocations were structured to limit dilution and distribute shares as equitably as possible among participants.
The most recent analyst rating on (AU:FFM) stock is a Buy with a A$2.45 price target. To see the full list of analyst forecasts on FireFly Metals stock, see the AU:FFM Stock Forecast page.
FireFly Metals Ltd has filed a final short form prospectus for a Canadian bought deal offering, aiming to distribute over 19 million ordinary shares at a price of C$1.56 per share. This move is expected to close by December 17, 2025, and is part of the company’s strategy to expand its financial resources, potentially impacting its market positioning and providing growth opportunities for stakeholders.
The most recent analyst rating on (AU:FFM) stock is a Buy with a A$2.30 price target. To see the full list of analyst forecasts on FireFly Metals stock, see the AU:FFM Stock Forecast page.
FireFly Metals Ltd has successfully issued 50 million fully paid ordinary shares at A$1.70 each through an institutional placement. This move was made without disclosure under specific sections of the Corporations Act 2001, indicating compliance with regulatory requirements and no undisclosed information. The issuance is expected to bolster the company’s financial position, potentially impacting its market strategy and stakeholder interests positively.
The most recent analyst rating on (AU:FFM) stock is a Buy with a A$2.30 price target. To see the full list of analyst forecasts on FireFly Metals stock, see the AU:FFM Stock Forecast page.
FireFly Metals Ltd announced the issuance of 50,000,000 fully paid ordinary securities, which are set to be quoted on the ASX as of December 12, 2025. This move is part of a previously announced transaction and is expected to enhance the company’s market presence and liquidity, potentially benefiting stakeholders by increasing the company’s capital base.
The most recent analyst rating on (AU:FFM) stock is a Buy with a A$2.30 price target. To see the full list of analyst forecasts on FireFly Metals stock, see the AU:FFM Stock Forecast page.
FireFly Metals has announced a significant upgrade in its resource estimates at the Green Bay Project, highlighting a world-class scale with a 51% increase in mineral resources. The project features an exceptional high-grade core zone and remains open for further growth with ongoing drilling activities. The company boasts a dominant land position in a major copper and gold VMS mineral district, supported by robust infrastructure and environmental permits. This development is expected to create value for shareholders and strengthen FireFly’s position in the mining sector.
The most recent analyst rating on (AU:FFM) stock is a Buy with a A$2.30 price target. To see the full list of analyst forecasts on FireFly Metals stock, see the AU:FFM Stock Forecast page.
FireFly Metals Ltd has announced the quotation of 7,829,628 ordinary fully paid securities on the Australian Securities Exchange (ASX) as of December 11, 2025. This move is part of a previously announced transaction, potentially enhancing the company’s market presence and providing additional liquidity options for stakeholders.
The most recent analyst rating on (AU:FFM) stock is a Buy with a A$2.30 price target. To see the full list of analyst forecasts on FireFly Metals stock, see the AU:FFM Stock Forecast page.
FireFly Metals Ltd has announced a Share Purchase Plan (SPP) offering eligible shareholders the opportunity to purchase new shares at a price of A$1.70 each, which represents a discount to recent market prices. The SPP aims to raise up to A$5 million, with the company reserving the right to accept oversubscriptions. This initiative is part of FireFly’s strategy to align shareholder interests with institutional placements and enhance its capital base.
The most recent analyst rating on (AU:FFM) stock is a Buy with a A$2.30 price target. To see the full list of analyst forecasts on FireFly Metals stock, see the AU:FFM Stock Forecast page.
FireFly Metals Ltd is issuing a prospectus for two share offers aimed at raising significant capital. The first offer targets eligible shareholders with shares priced at $1.70 each to raise up to $5 million, while the second offer involves shares priced at C$1.9158 (A$2.091) to raise up to C$15 million (A$16.371 million). These offers are part of the company’s strategy to strengthen its financial position and potentially expand its operations, although the investment is noted to be speculative in nature.
The most recent analyst rating on (AU:FFM) stock is a Buy with a A$2.30 price target. To see the full list of analyst forecasts on FireFly Metals stock, see the AU:FFM Stock Forecast page.
FireFly Metals Ltd has updated its previous announcement regarding a proposed issue of securities, reflecting the rounding of the agreed issue price to two decimal places. This update follows the confirmation of capital raising terms with BMO Nesbitt Burns Inc., indicating the company’s ongoing efforts to secure funding and strengthen its financial position.
The most recent analyst rating on (AU:FFM) stock is a Buy with a A$2.00 price target. To see the full list of analyst forecasts on FireFly Metals stock, see the AU:FFM Stock Forecast page.
FireFly Metals Ltd has announced an update to its previous securities issuance announcement, finalizing the issue price and foreign exchange rate as part of a capital raising effort. This update follows the execution of a Subscription and Renunciation Agreement with PearTree Securities Inc., highlighting the company’s strategic financial maneuvers to strengthen its market position.
The most recent analyst rating on (AU:FFM) stock is a Buy with a A$2.00 price target. To see the full list of analyst forecasts on FireFly Metals stock, see the AU:FFM Stock Forecast page.
FireFly Metals Ltd has announced a proposal to issue up to 2,941,176 ordinary fully paid securities under a securities purchase plan. This move is part of the company’s strategy to enhance its financial position and potentially expand its market operations, with the offer set to close by the end of December 2025 and the issue date scheduled for early January 2026.
The most recent analyst rating on (AU:FFM) stock is a Buy with a A$2.00 price target. To see the full list of analyst forecasts on FireFly Metals stock, see the AU:FFM Stock Forecast page.
FireFly Metals Ltd has announced a proposed issuance of up to 7,890,015 ordinary fully paid securities, with the issue date set for December 11, 2025. This move is part of a placement or other type of issue, and the company has applied for these securities to be quoted on the ASX, indicating an effort to raise capital and potentially expand its market presence.
The most recent analyst rating on (AU:FFM) stock is a Buy with a A$2.00 price target. To see the full list of analyst forecasts on FireFly Metals stock, see the AU:FFM Stock Forecast page.
FireFly Metals Ltd has announced a proposed issue of 22,115,386 ordinary fully paid securities, set to be issued on December 17, 2025. This move is part of a placement or other type of issue, and the company has applied for these securities to be quoted on the ASX, potentially impacting its market presence and offering new opportunities for stakeholders.
The most recent analyst rating on (AU:FFM) stock is a Buy with a A$2.00 price target. To see the full list of analyst forecasts on FireFly Metals stock, see the AU:FFM Stock Forecast page.
FireFly Metals Ltd has announced a proposed issue of 50 million ordinary fully paid securities, with the issue date set for December 12, 2025. This move is part of the company’s strategic efforts to raise capital, which could enhance its operational capabilities and strengthen its position within the metals industry, potentially impacting stakeholders positively by increasing the company’s market value and financial stability.
The most recent analyst rating on (AU:FFM) stock is a Buy with a A$2.00 price target. To see the full list of analyst forecasts on FireFly Metals stock, see the AU:FFM Stock Forecast page.
FireFly Metals has announced an upgraded resource estimate for its Green Bay Project, highlighting significant growth in copper and gold reserves. The project boasts a high-grade core zone and remains open for further exploration, supported by exceptional infrastructure and environmental permits. This development positions FireFly Metals as a dominant player in the copper and gold mining sector, with potential benefits for stakeholders through increased resource estimates and strategic land positioning.
The most recent analyst rating on (AU:FFM) stock is a Buy with a A$2.00 price target. To see the full list of analyst forecasts on FireFly Metals stock, see the AU:FFM Stock Forecast page.
FireFly Metals Ltd announced a significant financing initiative, comprising a C$30 million Canadian bought deal and a C$96.8 million Australian equity raise. The funds will be used for development, technical studies, and exploration drilling, enhancing the company’s operational capabilities and potentially strengthening its market position in the copper-gold industry.
The most recent analyst rating on (AU:FFM) stock is a Buy with a A$2.00 price target. To see the full list of analyst forecasts on FireFly Metals stock, see the AU:FFM Stock Forecast page.
FireFly Metals Ltd has requested a trading halt on its securities as it plans to undertake a significant capital raising. The halt will remain in place until the company announces the results of the capital raising or until trading resumes on December 4, 2025. This move is expected to impact the company’s financial strategy and could influence its market positioning.
The most recent analyst rating on (AU:FFM) stock is a Buy with a A$2.00 price target. To see the full list of analyst forecasts on FireFly Metals stock, see the AU:FFM Stock Forecast page.
FireFly Metals Ltd announced that all resolutions presented at its Annual General Meeting were passed by a poll. The resolutions included the approval of the remuneration report, re-election of directors, re-insertion of takeover bid approval provisions, and the issuance of director performance rights. This successful meeting outcome reinforces the company’s governance and strategic direction, potentially strengthening its position in the metals industry.
The most recent analyst rating on (AU:FFM) stock is a Buy with a A$2.00 price target. To see the full list of analyst forecasts on FireFly Metals stock, see the AU:FFM Stock Forecast page.
FireFly Metals has announced a significant update to its mineral resources at the Green Bay project, increasing its copper and gold reserves by 51% to 1.4 million tonnes of copper and 1.1 million ounces of gold. The project remains open for further exploration, with eight drill rigs currently in operation, reinforcing the company’s dominant position in the copper and gold mining sector. This expansion is supported by robust infrastructure and environmental permits, with mining studies scheduled for 2026. The company’s Pickle Crow Gold project also presents a promising opportunity for shareholder value creation.
The most recent analyst rating on (AU:FFM) stock is a Buy with a A$2.00 price target. To see the full list of analyst forecasts on FireFly Metals stock, see the AU:FFM Stock Forecast page.
FireFly Metals Ltd has announced a substantial increase in its Mineral Resource at the Green Bay Copper-Gold Project, with a 51% rise in copper equivalent metal and a 35% increase in total tonnes. The project now includes a high-grade core zone that significantly enhances its development potential, particularly in the early years of production. The company is actively converting Inferred Mineral Resources to Measured and Indicated categories to support economic studies and is in discussions with potential offtake customers and funding entities, reflecting strong market interest in its product.
The most recent analyst rating on (AU:FFM) stock is a Buy with a A$2.00 price target. To see the full list of analyst forecasts on FireFly Metals stock, see the AU:FFM Stock Forecast page.
FireFly Metals Ltd announced the issuance of 5,769,092 performance rights under an employee incentive scheme, which are not intended to be quoted on the ASX. This move is part of the company’s strategy to motivate and retain key employees, potentially impacting its operational efficiency and market competitiveness.
The most recent analyst rating on (AU:FFM) stock is a Buy with a A$2.00 price target. To see the full list of analyst forecasts on FireFly Metals stock, see the AU:FFM Stock Forecast page.
FireFly Metals Ltd has issued an addendum to its 2025 Notice of Annual General Meeting, clarifying its exemption from certain TSX rules regarding security-based compensation arrangements. The company has added a new resolution and provided a replacement proxy form for voting. This move underscores its compliance with ASX Listing Rules and highlights its primary market focus in Australia.
The most recent analyst rating on (AU:FFM) stock is a Buy with a A$2.00 price target. To see the full list of analyst forecasts on FireFly Metals stock, see the AU:FFM Stock Forecast page.
FireFly Metals Ltd has announced the appointment of Leanne Heywood as a new director, effective from November 3, 2025. The initial director’s interest notice indicates that Heywood currently holds no securities in the company, suggesting a fresh perspective without prior financial entanglements, which could influence the company’s governance and strategic direction.
The most recent analyst rating on (AU:FFM) stock is a Buy with a A$2.00 price target. To see the full list of analyst forecasts on FireFly Metals stock, see the AU:FFM Stock Forecast page.
FireFly Metals Ltd has appointed Leanne Heywood as an Independent Non-Executive Director, bringing her extensive experience in the copper sector and financial management to the company. Her appointment is expected to enhance the company’s board diversity and independence, contributing valuable insights as FireFly progresses towards becoming a copper and gold producer, particularly with the growth of its Green Bay Project.
The most recent analyst rating on (AU:FFM) stock is a Buy with a A$2.00 price target. To see the full list of analyst forecasts on FireFly Metals stock, see the AU:FFM Stock Forecast page.
FireFly Metals Ltd reported exceptional drilling results from its Green Bay Copper-Gold Project, indicating high-grade and large-scale mineralization. The company made significant progress in its growth strategy, including resource growth, new discoveries, and economic studies for a production restart. The addition of FireFly to the S&P/ASX 300 Index reflects growing investor recognition. The company also secured environmental approvals and completed metallurgical tests showing high recovery rates, ensuring a strong foundation for future operations.
The most recent analyst rating on (AU:FFM) stock is a Buy with a A$2.00 price target. To see the full list of analyst forecasts on FireFly Metals stock, see the AU:FFM Stock Forecast page.
FireFly Metals Ltd has announced a major exploration breakthrough at its Green Bay Copper-Gold Project in Canada, revealing an 800-meter-long core of high-grade copper and gold mineralization. The latest drilling results show substantial widths of high-grade mineralization, which could significantly impact the upcoming Mineral Resource Estimate and economic studies. The discovery occurs where Volcanogenic Massive Sulphide and Footwall Zone mineralization converge, suggesting potential for large-scale bulk mining. This development positions FireFly Metals as a key player in the copper-gold mining sector, with ongoing drilling to further define the extent of this mineralized zone.
The most recent analyst rating on (AU:FFM) stock is a Buy with a A$1.70 price target. To see the full list of analyst forecasts on FireFly Metals stock, see the AU:FFM Stock Forecast page.
FireFly Metals has announced significant drill results at its Green Bay Copper-Gold Project, extending known mineralisation by more than 650 meters beyond the previous Mineral Resource Estimate. The results include a notable intersection of 49 meters at 6.1% copper equivalent, indicating a promising growth outlook for the project. The company is actively drilling to further expand the resource and plans to update the Mineral Resource Estimate later this quarter. With a strong financial position, FireFly is poised to accelerate exploration and complete a feasibility study, enhancing its standing as a leading undeveloped copper project globally.
The most recent analyst rating on (AU:FFM) stock is a Buy with a A$1.60 price target. To see the full list of analyst forecasts on FireFly Metals stock, see the AU:FFM Stock Forecast page.
FireFly Metals Ltd has announced its upcoming Annual General Meeting, scheduled for November 20, 2025, at the InterContinental Perth City Centre in Western Australia. The meeting will address the company’s annual report, including financial, directors’, and auditor’s reports, as well as a resolution on the remuneration report. Shareholders are encouraged to attend or vote by proxy, with specific instructions provided for Canadian beneficial shareholders.
The most recent analyst rating on (AU:FFM) stock is a Buy with a A$1.60 price target. To see the full list of analyst forecasts on FireFly Metals stock, see the AU:FFM Stock Forecast page.