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Future Metals NL (AU:FME)
ASX:FME

Future Metals NL (FME) AI Stock Analysis

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AU

Future Metals NL

(Sydney:FME)

Rating:46Neutral
Price Target:
Future Metals NL struggles with significant financial challenges, including negative net profit margins and cash flow issues, which heavily impact its overall score. The technical analysis suggests a lack of momentum, with prices below key moving averages. Valuation concerns are underscored by a negative P/E ratio and no dividend yield, further affecting the overall outlook.

Future Metals NL (FME) vs. iShares MSCI Australia ETF (EWA)

Future Metals NL Business Overview & Revenue Model

Company DescriptionFuture Metals NL (FME) is an Australian mining company primarily engaged in the exploration and development of mineral resources. The company focuses on platinum group metals (PGMs), base metals, and gold, with its flagship project being the Panton PGM Project located in Western Australia. Future Metals seeks to leverage its strategic assets to meet the growing demand for critical metals in various industrial applications, including automotive, electronics, and renewable energy sectors.
How the Company Makes MoneyFuture Metals NL generates revenue primarily through the exploration and potential extraction of platinum group metals and other valuable minerals from its mining projects. The company aims to advance its Panton PGM Project to a stage where it can commercially extract and sell these metals. Revenue streams include the sale of extracted minerals to industrial clients and partnerships with other mining or resource companies for joint ventures. Additionally, Future Metals may engage in strategic partnerships or off-take agreements, securing financial and operational support from other entities interested in its mineral resources. Funding for exploration and development also plays a crucial role in the company's financial strategy, often involving capital raised through the equity market.

Future Metals NL Financial Statement Overview

Summary
Future Metals NL faces significant financial challenges, with recurring losses and cash flow issues. The strong equity position provides some stability, but the negative cash flow and lack of profitability highlight operational inefficiencies. The company needs to focus on cost management and revenue growth to improve its financial standing.
Income Statement
35
Negative
The income statement indicates a volatile revenue history, with a decline from 2023 to 2024. The company's net profit margin is negative due to ongoing net losses, showing a challenging profitability situation. The EBIT and EBITDA margins are also negative, indicating operational inefficiencies and high costs relative to revenues.
Balance Sheet
60
Neutral
The company has no debt, resulting in a favorable debt-to-equity ratio. However, the return on equity is negative due to losses, suggesting inefficiencies in utilizing shareholder funds. The equity ratio is strong, showing reliance on equity funding, which is stable but limits leverage benefits.
Cash Flow
40
Negative
The cash flow statement reveals persistent negative operating and free cash flows, indicating challenges in generating cash from operations. The operating cash flow to net income ratio is negative, reflecting cash flow issues despite financing inflows. However, the company has managed to secure financing to support operations.
Breakdown
Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020
Income StatementTotal Revenue
78.39K293.37K7.38K0.000.00
Gross Profit
78.39K271.91K-72.16K-5.94K0.00
EBIT
-3.02M-7.60M-4.32M-6.31M-1.08M
EBITDA
-3.60M-7.29M-5.25M-6.30M-1.08M
Net Income Common Stockholders
-3.94M-7.31M-4.31M-6.31M-1.04M
Balance SheetCash, Cash Equivalents and Short-Term Investments
2.29M2.71M3.33M9.56M4.60M
Total Assets
20.21M19.50M23.21M26.83M4.63M
Total Debt
0.000.000.0084.83K0.00
Net Debt
-2.29M-2.71M-3.33M-9.47M-4.60M
Total Liabilities
381.80K606.21K1.07M2.11M53.78K
Stockholders Equity
19.83M18.89M22.15M24.72M4.58M
Cash FlowFree Cash Flow
-3.39M-7.06M-8.62M-15.88M-1.04M
Operating Cash Flow
-3.39M-6.57M-5.67M-517.30K-790.60K
Investing Cash Flow
0.00-488.84K-3.51M-11.81M-249.59K
Financing Cash Flow
2.99M6.43M50.00K21.88M-1.00

Future Metals NL Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price0.01
Price Trends
50DMA
0.01
Positive
100DMA
0.01
Negative
200DMA
0.02
Negative
Market Momentum
MACD
<0.01
Negative
RSI
51.29
Neutral
STOCH
61.11
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:FME, the sentiment is Neutral. The current price of 0.01 is below the 20-day moving average (MA) of 0.01, below the 50-day MA of 0.01, and below the 200-day MA of 0.02, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 51.29 is Neutral, neither overbought nor oversold. The STOCH value of 61.11 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for AU:FME.

Future Metals NL Peers Comparison

Overall Rating
UnderperformOutperform
Sector (50)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
AUIGO
67
Neutral
$3.13B1,418.92-36.53%6.84%-28.50%-532.61%
AUMIN
60
Neutral
$4.62B50.78-33.95%4.54%2.22%-411.10%
AUSFR
56
Neutral
AU$5.05B38.055.11%42.05%
50
Neutral
$1.99B-1.06-21.34%3.71%2.03%-30.65%
AUFME
46
Neutral
£8.63M-20.97%40.91%
AUSYR
44
Neutral
$328.31M-33.63%-33.27%-10.07%
AUASM
42
Neutral
AU$91.58M-15.33%-52.53%-27.29%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:FME
Future Metals NL
0.01
-0.01
-50.00%
AU:MIN
Mineral Resources Limited
23.87
-51.23
-68.22%
AU:SYR
Syrah Resources
0.32
-0.16
-34.37%
AU:SFR
Sandfire Resources Limited
10.99
1.49
15.68%
AU:IGO
IGO
4.21
-2.65
-38.67%
AU:ASM
Australian Strategic Materials Ltd
0.50
-0.51
-50.50%

Future Metals NL Corporate Events

Future Metals NL Updates Securities Issue Timetable
May 5, 2025

Future Metals NL has announced an update to its proposed issue of securities, specifically adjusting the offer timetable. This update is part of the company’s strategic efforts to manage its securities offerings effectively, which could impact its financial operations and market positioning by potentially increasing capital and enhancing liquidity.

Future Metals NL Advances Eileen Bore Prospect with New Drilling and Strategic Partnerships
Apr 30, 2025

Future Metals NL has reported significant progress in its Eileen Bore Prospect, confirming substantial copper-nickel mineralization through recent drilling activities. The company has also entered into a Memorandum of Understanding with Zeta Resources to explore processing options at the Savannah Plant, and has raised funds through a placement and an upcoming rights issue to further develop the Eileen Bore deposit, aiming to establish a bulk copper feed source.

Future Metals NL Issues 143 Million Placement Shares to Boost Market Position
Apr 23, 2025

Future Metals NL has issued 143,760,123 fully paid ordinary shares as part of a placement announced earlier in April 2025. This issuance is conducted under the Corporations Act exemption, allowing the shares to be sold without disclosure, thereby potentially enhancing the company’s financial flexibility and market positioning.

Future Metals NL Updates Securities Issue Timetable
Apr 16, 2025

Future Metals NL announced an update to their previous announcement regarding the proposed issue of securities, specifically adjusting the offer timetable. This update is part of their ongoing efforts to manage their securities issuance process, which may impact their market operations and stakeholder interests.

Future Metals NL Announces Major Securities Issue to Boost Capital
Apr 10, 2025

Future Metals NL has announced a proposed issue of 239,600,206 ordinary fully paid securities as part of a standard non-renounceable pro rata offering. This move is aimed at raising capital to support the company’s operations and potentially enhance its market position, with key dates including an ex-date of April 24, 2025, and an issue date of May 19, 2025.

Future Metals NL Announces Major Securities Issuance
Apr 10, 2025

Future Metals NL has announced a proposed issuance of 143,760,123 ordinary fully paid securities, with the issue date set for April 22, 2025. This strategic move is likely aimed at raising capital to support the company’s operations and growth initiatives, potentially impacting its market positioning and offering opportunities for stakeholders.

Future Metals NL Partners with Zeta Resources for Strategic Processing and Capital Raising
Apr 10, 2025

Future Metals NL has signed a Memorandum of Understanding (MOU) with Zeta Resources to explore the strategic use of the Savannah Plant for processing ore from its Eileen Bore and Panton deposits. This agreement includes a capital raising initiative of up to A$4.2 million, with Zeta acquiring a 9.99% equity stake in Future Metals. The funds will primarily support the development of the Eileen Bore deposit, potentially accelerating the company’s growth and enhancing its market position.

Future Metals NL Initiates Trading Halt for Strategic Announcement
Apr 8, 2025

Future Metals NL has requested a trading halt on its securities pending an announcement regarding a strategic corporate partnership and capital raise. This move suggests potential significant developments that could impact the company’s operations and market positioning, with implications for stakeholders as the company seeks to strengthen its financial and strategic standing.

Future Metals NL Releases Interim Financial Report for December 2024
Mar 12, 2025

Future Metals NL has released its interim financial report for the period ending 31 December 2024. The report includes key financial statements and changes in the company’s executive team, with a new company secretary appointed. This release provides stakeholders with insights into the company’s financial health and operational changes, potentially impacting its market position and investor confidence.

Future Metals NL Addresses ASX Price Query with Drilling Results Announcement
Feb 17, 2025

Future Metals NL has responded to a price query from the ASX regarding recent trading activity in its securities. The company disclosed that it had been finalizing an announcement about drilling results at its Eileen Bore Prospect, which was released after a trading halt was requested. This move highlights the company’s adherence to compliance rules and addresses investor anticipation linked to expected assay results, which may have influenced trading activity.

Future Metals Uncovers Major Copper-Nickel Deposit at Eileen Bore
Feb 17, 2025

Future Metals NL has announced a significant discovery of copper-nickel mineralization at the Eileen Bore prospect, revealing a newly defined 4.5km northeast trending intrusion. The drilling results signal a substantial advancement in the potential of the Eileen Bore Prospect, indicating scope for expansion in both size and grade of mineralization, which could enhance the company’s position in the market and benefit stakeholders through future exploration activities.

Future Metals NL Initiates Trading Halt Pending Key Announcement
Feb 14, 2025

Future Metals NL has requested a trading halt on its securities on ASX pending an important announcement. This halt is related to a response to an ASX price query and forthcoming drilling results from its Eileen Bore Prospect, which could significantly impact the company’s market positioning and stakeholder interests.

Future Metals NL Announces Expiration of Securities
Feb 9, 2025

Future Metals NL announced the cessation of 1,600,000 performance rights securities that expired on January 31, 2025, without exercise or conversion. This development may impact the company’s capital structure and could influence stakeholder perceptions regarding the company’s strategic management of its securities and future financing options.

Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.