Focus Minerals Ltd (FML) AI Stock Analysis

• Market Cap: AU$100.30M
• Dividend Yield: N/A
• Average Volume (3M): 602.51K
• Price to Earnings (P/E): 33.3
• Beta (1Y): 0.61
• Revenue Growth: 248.07%
• EPS Growth: N/A
• Country: AU
• Employees: 5
• Sector: Basic Materials
• Sector Strength: 70
• Industry: Gold
• EPS (TTM): 0.01
• Shares Outstanding: 286,558,650
• 10 Day Avg. Volume: 102,339
• 30 Day Avg. Volume: 602,512
• PEG Ratio: 0.29
• Price to Book (P/B): 0.77
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -3.10
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 63 Neutral
• Price Target: AU$0.50 ▲(42.86%Upside)

Focus Minerals Ltd's strong revenue growth is overshadowed by financial challenges, including high leverage and negative cash flow. The technical analysis suggests a positive trend, but the valuation appears high without a corresponding dividend yield. These factors combined result in a moderate overall stock score.

Focus Minerals Ltd Business Overview & Revenue Model

Company Description

Focus Minerals Ltd (FML) is an Australian-based gold exploration and production company. The company is engaged in the exploration and development of gold properties, primarily focusing on its Coolgardie and Laverton projects in Western Australia. These projects are situated in some of the country's most prolific gold-producing regions, providing FML with significant opportunities for resource development and expansion.

How the Company Makes Money

Focus Minerals Ltd generates revenue through the extraction and sale of gold from its mining operations. The company operates by exploring and developing its gold projects to increase its resource base. Once gold is extracted and processed, it is sold on the commodities market at prevailing market prices. FML's revenue is influenced by the volume of gold produced, the efficiency of its mining operations, and global gold price fluctuations. Strategic partnerships, efficient cost management, and investment in exploration activities are critical factors contributing to the company's earnings.

Focus Minerals Ltd Financial Statement Overview

Summary

Focus Minerals Ltd shows strong revenue growth, but faces challenges with high leverage and negative cash flows. Operational efficiency is high, but profitability and cash generation need improvement for sustainability.

Income Statement

Focus Minerals Ltd has shown impressive revenue growth, with a significant increase in total revenue from $33.08M in 2023 to $115.14M in 2024, marking a growth rate of 247.86%. The gross profit margin is high at 99.22% for 2024, indicating strong operational efficiency. However, the net profit margin remains low at 2.61% due to minimal net income, suggesting that profitability is still a challenge despite the revenue growth. The lack of EBIT in 2024 suggests potential volatility in operational income.

Balance Sheet

The company's debt-to-equity ratio increased to 1.67 in 2024, indicating higher financial leverage. While total assets have grown, stockholders' equity, although stable, has not increased proportionally. The equity ratio is 29.57%, showing a balanced but slightly leveraged capital structure. This suggests potential risks associated with high debt levels, despite the company's ability to grow its asset base.

Cash Flow

Free cash flow remains negative at -$33.35M in 2024, although improved from -$71.74M in 2023. The operating cash flow is zero in 2024, indicating that operations are not generating cash, which is a concern for sustainability. The reliance on financing cash flow suggests dependence on external funding to support operations and capital expenditures.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	115.14M	33.08M	16.55M	97.00K	433.00K
Gross Profit	114.25M	5.35M	-296.00K	-778.00K	-410.00K
EBITDA	27.30M	1.93M	-1.22M	-4.78M	-6.74M
Net Income	3.01M	-2.80M	-4.14M	-6.71M	-7.86M
Balance Sheet
Total Assets	323.61M	246.79M	174.43M	151.06M	130.45M
Cash, Cash Equivalents and Short-Term Investments	16.50M	1.20M	18.90M	27.25M	19.89M
Total Debt	160.14M	98.44M	35.57M	20.21M	20.13M
Total Liabilities	227.99M	154.17M	79.01M	51.51M	50.14M
Stockholders Equity	95.63M	92.62M	95.42M	99.56M	80.31M
Cash Flow
Free Cash Flow	-33.35M	-71.73M	-23.53M	-18.03M	-14.11M
Operating Cash Flow	29.44M	-1.37M	-4.13M	-4.83M	-4.06M
Investing Cash Flow	-63.43M	-75.74M	-19.51M	-1.12M	-22.18M
Financing Cash Flow	49.29M	59.50M	14.97M	25.40M	20.10M

Focus Minerals Ltd Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.35
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:FML, the sentiment is Neutral. The current price of 0.35 is below the 20-day moving average (MA) of 0.37, above the 50-day MA of 0.32, and above the 200-day MA of 0.22, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 49.52 is Neutral, neither overbought nor oversold. The STOCH value of 38.15 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for AU:FML.

Focus Minerals Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
RND	73 Outperform	€111.76M	12.56	8.98%	7.86%	30.24%	16.80%
FML	63 Neutral	AU$100.30M	33.33	3.37%	―	248.07%	―
BCN	59 Neutral	AU$118.34M	10.83	-12.54%	―	-10.63%	-166.67%
KAU	48 Neutral	AU$106.84M	―	-30.39%	―	-41.05%	-122.11%
HRZ	44 Neutral	AU$123.30M	―		―	―	―
Sector *	43 Neutral	AU$1.42B	-6.13	-40.62%	4.05%	-4.78%	-42.91%
TGM	25 Underperform	$127.52M	―	-598.46%	―	―	-51.16%

Focus Minerals Ltd Corporate Events

Focus Minerals Ltd AGM Resolutions Passed with Strong Support

Focus Minerals Ltd announced that all resolutions at its Annual General Meeting were passed by a poll, including the adoption of the Remuneration Report and the re-election of board members Mr. Gerry Fahey and Mr. Richard O’Shannassy. This outcome reflects strong shareholder support and is expected to positively influence the company’s governance and strategic direction.

Focus Minerals Sells Laverton Gold Project for A$250 Million

Focus Minerals Ltd has announced the sale of its Laverton Gold Project to Genesis Minerals Limited for A$250 million in cash. This strategic decision aims to deliver immediate shareholder value and strengthen the company’s financial position, allowing it to focus on its other projects, including the Bonnie Vale Underground Mine and the Coolgardie Gold Project.

Genesis Minerals Acquires Laverton Gold Project to Boost Growth

Genesis Minerals Limited has announced its acquisition of the Laverton Gold Project from Focus Minerals Limited for A$250 million, aiming to enhance its production and cash flow. This strategic acquisition is expected to unlock significant synergies by integrating the Laverton assets with Genesis’ existing operations, including the recently restarted Laverton mill. The acquisition aligns with Genesis’ ‘ASPIRE 400’ growth strategy and is funded through existing cash and an upsized corporate revolver facility. The company plans to focus on resource growth, optimization studies, and exploration to maximize the potential of the Laverton Gold Project.

Focus Minerals Achieves Record Production in Coolgardie Operations

Focus Minerals Limited reported a record-breaking quarter for its Coolgardie Gold Operations, with the Three Mile Hill processing plant achieving a new quarterly record by processing 370,262 tonnes of ore. The company successfully transitioned to owner-operated surface mining and made significant progress in the development of the Bonnie Vale Underground Mine. The expansion of Varischetti Village accommodation facility was completed to support the growing workforce. These developments indicate a robust operational performance and strategic growth, potentially strengthening the company’s position in the gold mining industry.

Focus Minerals Ltd Announces 2025 AGM with Digital Engagement Initiatives

Focus Minerals Ltd has announced its Annual General Meeting (AGM) scheduled for May 30, 2025, in Perth, WA. The company is encouraging shareholders to participate by lodging proxy forms electronically and submitting questions in advance. This move towards digital communication reflects a broader industry trend towards sustainability and efficiency, potentially improving shareholder engagement and operational transparency.