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Future Metals NL
(LSE:FME)
Future Metals NL (FME) vs. iShares MSCI Australia ETF (EWA)
Future Metals NL Business Overview & Revenue Model
Future Metals NL Financial Statement Overview
| Breakdown | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 78.39K | 293.37K | 7.38K | 0.00 | 0.00 |
| Gross Profit | 78.39K | 271.91K | -72.16K | -5.94K | 0.00 |
| EBITDA | -3.60M | -7.29M | -5.25M | -6.30M | -1.08M |
| Net Income | -3.94M | -7.31M | -4.31M | -6.31M | -1.04M |
Balance Sheet | |||||
| Total Assets | 20.21M | 19.50M | 23.21M | 26.83M | 4.63M |
| Cash, Cash Equivalents and Short-Term Investments | 2.29M | 2.71M | 3.33M | 9.56M | 4.60M |
| Total Debt | 0.00 | 0.00 | 0.00 | 84.83K | 0.00 |
| Total Liabilities | 381.80K | 606.21K | 1.07M | 2.11M | 53.78K |
| Stockholders Equity | 19.83M | 18.89M | 22.15M | 24.72M | 4.58M |
Cash Flow | |||||
| Free 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 | 2.99M | 6.43M | 50.00K | 21.88M | 0.00 |
Future Metals NL Technical Analysis
Future Metals NL Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
62 Neutral | $3.94B | 1,418.92 | -36.53% | 6.90% | -28.50% | -532.61% | |
58 Neutral | $5.98B | 50.78 | -33.95% | 4.54% | 2.22% | -411.10% | |
52 Neutral | $5.17B | 39.02 | 5.11% | ― | 42.05% | ― | |
52 Neutral | AU$130.57M | ― | -15.33% | ― | -52.53% | -27.29% | |
47 Neutral | AU$432.53M | ― | -33.63% | ― | -33.27% | -10.07% | |
46 Neutral | AU$20.13M | ― | -20.97% | ― | ― | 40.91% | |
44 Neutral | AU$1.51B | -6.04 | -41.37% | 3.88% | -3.45% | -43.04% |
Future Metals NL Corporate Events
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 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 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 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 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 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 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 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 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 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 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 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 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.