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Firebird Metals Ltd.
(Sydney:FRB)
Firebird Metals Ltd. (FRB) vs. iShares MSCI Australia ETF (EWA)
Firebird Metals Ltd. Business Overview & Revenue Model
Firebird Metals Ltd. Financial Statement Overview
| Breakdown | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -213.57K | 0.00 | -58.35K | -61.62K | -4.91K |
| EBITDA | -2.08M | -4.73M | -891.67K | -1.10M | -3.39M |
| Net Income | -2.27M | -4.66M | -952.13K | -1.17M | -3.39M |
Balance Sheet | |||||
| Total Assets | 11.22M | 12.88M | 6.72M | 4.13M | 5.20M |
| Cash, Cash Equivalents and Short-Term Investments | 1.50M | 5.07M | 1.30M | 500.65K | 3.81M |
| Total Debt | 335.71K | 0.00 | 56.39K | 56.39K | 113.38K |
| Total Liabilities | 652.28K | 245.59K | 333.42K | 191.22K | 259.42K |
| Stockholders Equity | 10.57M | 12.64M | 6.39M | 3.94M | 4.94M |
Cash Flow | |||||
| Free Cash Flow | -2.05M | -3.00M | -2.31M | -3.24M | -1.08M |
| Operating Cash Flow | -1.92M | -2.13M | -718.80K | -1.00M | -303.17K |
| Investing Cash Flow | -1.69M | -1.75M | -1.69M | -2.24M | -779.23K |
| Financing Cash Flow | 26.16K | 7.68M | 3.21M | -64.00K | 4.89M |
Firebird Metals Ltd. Technical Analysis
Firebird Metals Ltd. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
49 Neutral | AU$37.17M | -9.33 | -106.64% | ― | ― | -36.36% | |
47 Neutral | AU$5.44M | -4.17 | -38.30% | ― | ― | 61.60% | |
46 Neutral | AU$46.50M | -15.94 | -19.59% | ― | ― | 66.39% | |
45 Neutral | AU$9.35M | -6.88 | -29.48% | ― | ― | 76.12% | |
44 Neutral | AU$2.85M | ― | -65.57% | ― | ― | -200.00% | |
43 Neutral | AU$4.41M | -1.19 | -81.85% | ― | ― | -58.49% |
Firebird Metals Ltd. Corporate Events
Firebird Metals has secured an exclusive, global (ex-China) licence over five core LMFP cathode and precursor patents held by its wholly owned subsidiary Hunan Firebird Battery Technology, with the rights running through to 2045 on a no-fee basis. The agreement, formally recorded and approved by Chinese authorities including CNIPA and the Ministry of Commerce representative office in Changde, gives Firebird legal control and commercial management of the key LMFP intellectual property outside China, bolstering its competitive position and supporting plans for an Australian demonstration plant and broader downstream battery supply chain opportunities.
The most recent analyst rating on (AU:FRB) stock is a Hold with a A$0.26 price target. To see the full list of analyst forecasts on Firebird Metals Ltd. stock, see the AU:FRB Stock Forecast page.
In the December 2025 quarter, Firebird Metals reported that its manganese iron phosphate precursor cathode material exceeded Chinese industry standards across key performance metrics, following more than 150 test batches and initial customer sampling, underscoring the company’s technical progress in LMFP materials. The company also secured a patent for a high‑efficiency kiln promising substantial energy savings and advanced planning for an Australian Demonstration Plant to showcase end‑to‑end production of HPMSM, LMFP precursor and CAM outside China, while reshaping its leadership team and positioning itself to capitalise on growing global momentum for manganese-rich cathodes among major automakers; it ended the quarter with A$5.16 million in cash.
The most recent analyst rating on (AU:FRB) stock is a Hold with a A$0.31 price target. To see the full list of analyst forecasts on Firebird Metals Ltd. stock, see the AU:FRB Stock Forecast page.
Firebird Metals has issued 1,033,335 new ordinary shares without a prospectus under the Corporations Act’s disclosure exemptions and has confirmed it remains compliant with its ongoing reporting and disclosure obligations as a listed disclosing entity. The board-backed notice states there is no undisclosed price-sensitive information required to be released at this time, indicating the share issuance is being conducted against a backdrop of regulatory compliance and operational transparency as the company progresses its manganese-based battery materials strategy.
The most recent analyst rating on (AU:FRB) stock is a Hold with a A$0.25 price target. To see the full list of analyst forecasts on Firebird Metals Ltd. stock, see the AU:FRB Stock Forecast page.
Firebird Metals Ltd has applied for quotation on the ASX of 1,033,335 new ordinary fully paid shares, with an issue date of 14 January 2026. The additional securities, issued pursuant to a previously announced transaction, will expand the company’s quoted share capital and may modestly enhance liquidity in Firebird’s stock for existing and prospective investors.
The most recent analyst rating on (AU:FRB) stock is a Hold with a A$0.25 price target. To see the full list of analyst forecasts on Firebird Metals Ltd. stock, see the AU:FRB Stock Forecast page.
Firebird Metals has completed installation and commissioning of its proprietary cathode active materials equipment at its wholly owned China pilot plant, clearing the way to begin producing advanced lithium-manganese-rich CAM from February 2026 and to supply customer samples in the second half of 2026 for technical evaluation and qualification. The LMR development program, co-funded 50% by strategic partner Taza Metal Technologies, aims to deliver higher-energy-density alternatives to conventional LFP with reduced nickel and cobalt content via high manganese substitution, and will be showcased alongside NCM and LMFP materials at Firebird’s Australian Demonstration Plant in 2026, positioning the company within a growing market as major automakers move to commercialise LMR cathodes by 2030 and as new high-energy applications such as eVTOL aircraft and humanoid robotics accelerate demand for manganese-rich battery chemistries.
The most recent analyst rating on (AU:FRB) stock is a Hold with a A$0.22 price target. To see the full list of analyst forecasts on Firebird Metals Ltd. stock, see the AU:FRB Stock Forecast page.
Firebird Metals Limited has issued 3,900,000 new ordinary shares and confirmed that the issuance was conducted without a prospectus under the Corporations Act, while affirming its ongoing compliance with Australian continuous disclosure and financial reporting obligations. The company also stated that, as at the date of the notice, there is no excluded information requiring disclosure, providing investors with assurance that the share issue has occurred against a backdrop of full regulatory compliance and transparency.
The most recent analyst rating on (AU:FRB) stock is a Hold with a A$0.15 price target. To see the full list of analyst forecasts on Firebird Metals Ltd. stock, see the AU:FRB Stock Forecast page.
Firebird Metals director Evan Cranston has increased his indirect stake in the company through related entity Konkera Pty Ltd, participating in a shareholder-approved share placement at $0.15 per share and receiving additional incentive options. Following the transaction, Cranston’s associated entities now hold a larger parcel of fully paid ordinary shares and a significantly expanded suite of unlisted options with exercise prices ranging from $0.30 to $1.00 and expiries between 2026 and 2028, underscoring management’s financial exposure to the company’s future performance and aligning director incentives with shareholder outcomes.
The most recent analyst rating on (AU:FRB) stock is a Hold with a A$0.15 price target. To see the full list of analyst forecasts on Firebird Metals Ltd. stock, see the AU:FRB Stock Forecast page.
Firebird Metals Limited has notified the market of the issue of 7.2 million unquoted performance rights and a total of 6 million unquoted options to employees under its incentive scheme. The options are split evenly between tranches exercisable at $0.30 and $0.40, both expiring on 30 December 2028, and the new securities are not intended to be quoted on the ASX. The move underscores Firebird’s use of equity incentives to retain and motivate staff while potentially diluting existing shareholders if the rights and options are ultimately exercised.
Firebird Metals Ltd has notified the market of the issue of 6 million unquoted options, split between 3 million options exercisable at $0.40 and 3 million options exercisable at $0.30, both expiring on 6 December 2028 and issued on 24 December 2025. The new options, which are not intended to be quoted on the ASX and form part of previously announced transactions, indicate ongoing use of equity-based instruments to fund operations and align stakeholder incentives, potentially affecting the company’s capital structure and future dilution for existing shareholders.
Firebird Metals Ltd has applied to the ASX for quotation of 3.9 million newly issued ordinary fully paid shares, dated 24 December 2025, under an Appendix 2A lodgement. The additional securities, which follow a previously announced transaction under an Appendix 3B, will expand the company’s quoted share capital and may modestly increase liquidity in its stock for existing and prospective investors.
Firebird Metals Limited has issued 13,733,332 ordinary shares without disclosure to investors, as per the Corporations Act, and confirms compliance with all relevant reporting obligations. This issuance is part of Firebird’s strategic efforts to strengthen its market position in the manganese technology sector, particularly in the EV and energy-storage markets, potentially impacting its operations and stakeholder interests positively.
Firebird Metals Ltd. has announced that its MFP precursor cathode active material (PCAM) has outperformed China industry standards in several key performance parameters. The company has completed over 150 test batches, producing around 200kg of MFP PCAM, and has supplied 30kg to a potential customer for further testing. This development marks a significant technical milestone for Firebird, validating its proprietary production process and positioning the company to progress towards commercialisation with its Australian Demonstration Plant set to open in 2026.
Firebird Metals Ltd. has announced the quotation of 13,733,332 fully paid ordinary securities on the Australian Securities Exchange (ASX) as of December 8, 2025. This move is part of previously announced transactions and is expected to enhance the company’s liquidity and market visibility, potentially impacting its operational capacity and stakeholder value positively.