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Lightning Minerals Ltd.
(Sydney:L1M)
Lightning Minerals Ltd. (L1M) vs. iShares MSCI Australia ETF (EWA)
Lightning Minerals Ltd. Business Overview & Revenue Model
Lightning Minerals Ltd. Financial Statement Overview
| Breakdown | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|
Income Statement | ||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA | -2.87M | -1.74M | -2.14M | 128.14K |
| Net Income | -3.01M | -3.32M | -2.18M | -100.00K |
Balance Sheet | ||||
| Total Assets | 4.82M | 7.60M | 6.91M | 627.61K |
| Cash, Cash Equivalents and Short-Term Investments | 104.16K | 3.12M | 4.69M | 334.87K |
| Total Debt | 86.08K | 23.47K | 89.03K | 0.00 |
| Total Liabilities | 440.88K | 222.15K | 415.16K | 122.51K |
| Stockholders Equity | 4.38M | 7.38M | 6.49M | 505.10K |
Cash Flow | ||||
| Free Cash Flow | -2.89M | -3.04M | -1.35M | -116.53K |
| Operating Cash Flow | -2.31M | -1.12M | -886.00 | -44.52K |
| Investing Cash Flow | -573.51K | -771.43K | -2.35M | -72.00K |
| Financing Cash Flow | -65.65K | 1.32M | 6.60M | 690.58K |
Lightning Minerals Ltd. Technical Analysis
Lightning Minerals 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% | |
47 Neutral | AU$5.16M | -0.39 | -38.30% | ― | ― | 61.60% | |
45 Neutral | AU$19.90M | -3,062.78 | 5.92% | ― | ― | ― | |
44 Neutral | AU$6.31M | -3.45 | -38.56% | ― | ― | 21.62% | |
43 Neutral | AU$7.61M | -0.24 | -78.12% | ― | ― | -349.06% | |
41 Neutral | AU$5.27M | -0.01 | ― | ― | ― | ― | |
38 Underperform | AU$4.73M | -5.00 | -26.98% | ― | ― | 4.35% |
Lightning Minerals Ltd. Corporate Events
Lightning Minerals Ltd has lodged an application with the ASX for quotation of a new class of options, expanding its listed securities. The move underscores the company’s continued use of equity-linked instruments to support its capital structure and align incentives with market performance.
The application covers 40 million options with an exercise price of $0.04, expiring on 3 March 2029. Once quoted, these options may provide additional liquidity and potential future capital inflows if exercised, offering existing and prospective investors another way to gain exposure to the company’s equity.
The most recent analyst rating on (AU:L1M) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Lightning Minerals Ltd. stock, see the AU:L1M Stock Forecast page.
Lightning Minerals Ltd. has released a holdings range report for its listed options priced at $0.04 and expiring in March 2029, showing a total of 118,125,000 options on issue. The report reveals that ownership is highly concentrated, with 80 holders controlling 99.61% of the options through large positions above 100,000 units, while only six smaller holders account for the remaining 0.39%.
The most recent analyst rating on (AU:L1M) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Lightning Minerals Ltd. stock, see the AU:L1M Stock Forecast page.
Lightning Minerals Ltd. has released an updated top holders report for its L1MOP12 listed options, exercisable at $0.04 and expiring in March 2029. The report shows a concentrated register, with Evolution Capital Pty Ltd., Palisades Investments Ltd. and several resource-focused and boutique investment firms among the largest holders.
The new breakdown underlines the extent of institutional and high-net-worth participation in Lightning Minerals’ options, which may support liquidity and signal confidence in the company’s future prospects. A diversified spread across capital advisory firms, family offices and specialist funds also indicates broad-based speculative interest in the company’s equity optionality.
The most recent analyst rating on (AU:L1M) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Lightning Minerals Ltd. stock, see the AU:L1M Stock Forecast page.
Lightning Minerals Ltd has applied for quotation on the ASX of 78,125,000 options under the code L1MOA, with an expiry date of March 3, 2029. The options, issued on March 3, 2026, form part of previously announced transactions and reflect the company’s ongoing use of equity-linked securities to fund operations and advance its exploration strategy, potentially broadening its investor base and enhancing liquidity in its listed instruments.
The most recent analyst rating on (AU:L1M) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Lightning Minerals Ltd. stock, see the AU:L1M Stock Forecast page.
Lightning Minerals director David Vilensky has increased his indirect stake in the company through Coilens Corporation Pty Ltd, acquiring 900,000 L1M shares in an on-market purchase. The shares were bought at an average price of $0.0235, for a total outlay of $21,400.
Following the transaction, Vilensky’s indirect interests now comprise 900,000 shares, 500,000 options exercisable at $0.25 by December 2030, and 436,364 Class H performance rights. The move signals strengthened board-level alignment with shareholders, as a key director commits additional capital at current market prices.
The most recent analyst rating on (AU:L1M) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Lightning Minerals Ltd. stock, see the AU:L1M Stock Forecast page.
Lightning Minerals Ltd has lodged a prospectus outlining offers of up to 78,125,000 quoted options to participants in a recent placement and up to 40,000,000 quoted options to its joint lead managers. These options are being issued for no additional subscription cost to placement investors and brokers, forming part of the company’s capital-raising structure.
The prospectus details the background, terms and risks of the offers, including their speculative nature and impact on the company’s capital structure and control. By expanding its quoted option base without underwriting or rights trading, Lightning Minerals seeks to enhance liquidity in its securities and support ongoing funding flexibility for its exploration activities, while highlighting key mining industry and general market risks to prospective investors.
The most recent analyst rating on (AU:L1M) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Lightning Minerals Ltd. stock, see the AU:L1M Stock Forecast page.
Lightning Minerals Ltd. has issued 29,417,921 ordinary shares on 9 February 2026 and has notified the market that these securities were issued without a prospectus under the relevant disclosure exemptions in the Corporations Act 2001. By lodging this notice, the company confirms that the new shares can be freely traded under the Section 708A(5) exemption and that it is up to date with its financial reporting and continuous disclosure obligations, signalling regulatory compliance and facilitating liquidity for investors.
The most recent analyst rating on (AU:L1M) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Lightning Minerals Ltd. stock, see the AU:L1M Stock Forecast page.
Lightning Minerals Ltd. has applied for the quotation of 29,417,921 new ordinary fully paid shares on the ASX, with an issue date of 9 February 2026. The move increases the company’s quoted securities base and may enhance liquidity in its stock, signalling ongoing capital structuring activity that could support future exploration and development initiatives.
The application follows transactions previously flagged to the market in an earlier Appendix 3B, indicating that this step formalises the listing of those securities rather than initiating a new capital raise. For shareholders and prospective investors, the enlarged register could influence trading dynamics and valuation as the additional shares begin changing hands on the exchange.
The most recent analyst rating on (AU:L1M) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Lightning Minerals Ltd. stock, see the AU:L1M Stock Forecast page.
Lightning Minerals Ltd has announced the resignation of Managing Director and CEO Alex Biggs, who has given three months’ notice under his employment agreement. The board has begun a search for a new CEO, with Biggs to remain in his role and assist with a smooth transition until a successor is appointed. Chairman David Vilensky emphasised that, despite the leadership change, the company remains focused on progressing its Mt Turner Gold Project in Queensland, where promising drilling results and a fully funded Phase 2 program underline the ongoing operational momentum for stakeholders.
The most recent analyst rating on (AU:L1M) stock is a Sell with a A$0.02 price target. To see the full list of analyst forecasts on Lightning Minerals Ltd. stock, see the AU:L1M Stock Forecast page.
Lightning Minerals Ltd has announced that director Craig Sharpe ceased to be a director of the company on 30 January 2026. The company has disclosed that while Sharpe held no securities as a registered holder at the time of his cessation, he retains indirect interests through a superannuation fund structure, including ordinary shares, listed options, unlisted options and performance rights, providing transparency to the market and investors regarding his ongoing financial exposure to the company despite stepping down from the board.
The most recent analyst rating on (AU:L1M) stock is a Sell with a A$0.02 price target. To see the full list of analyst forecasts on Lightning Minerals Ltd. stock, see the AU:L1M Stock Forecast page.
Lightning Minerals Ltd has notified the ASX that director Craig Sharpe has ceased to be a director of the company as of 27 January 2026. The final director’s interest notice shows Sharpe holds no securities as a registered holder, but retains indirect interests through a superannuation fund where he is a joint trustee and beneficiary, including ordinary shares, listed options, unlisted options and performance rights, clarifying his ongoing financial exposure to the company despite stepping down from the board.
The most recent analyst rating on (AU:L1M) stock is a Sell with a A$0.02 price target. To see the full list of analyst forecasts on Lightning Minerals Ltd. stock, see the AU:L1M Stock Forecast page.
Lightning Minerals Ltd has announced the resignation of Non-Executive Director Craig Sharpe, who has served the company since before its listing on the ASX. The board acknowledged Sharpe’s long-standing contribution and service, signalling a change in board composition that may precede further governance or strategic adjustments as the company continues to develop its mineral projects.
The most recent analyst rating on (AU:L1M) stock is a Sell with a A$0.02 price target. To see the full list of analyst forecasts on Lightning Minerals Ltd. stock, see the AU:L1M Stock Forecast page.
Lightning Minerals reported a highly successful inaugural nine-hole drilling program at its wholly owned Mt Turner project in Queensland, confirming gold and base metal mineralisation in all holes, including high‑grade epithermal gold and significant zinc-silver intercepts. Follow-up soil and rock chip sampling extended known mineralisation along the Drummer Fault to 12km, identified multiple new targets, and reinforced the company’s exploration model, underpinning a fully funded Phase 2 drilling campaign scheduled to start in the first quarter of 2026. The company also advanced target generation at its Brazilian lithium projects, began evaluating newly acquired copper-gold assets in the Lachlan Fold Belt, strengthened its board with the appointment of experienced public company director David Vilensky as Non‑Executive Chairman, and ended the quarter with A$1.08 million in cash following a A$2.5 million capital raise.
The most recent analyst rating on (AU:L1M) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on Lightning Minerals Ltd. stock, see the AU:L1M Stock Forecast page.
Lightning Minerals Ltd has announced a change in the director’s interest, specifically involving Jamie Day, who has acquired 500,000 options and 436,364 Class A Performance Rights. This acquisition, approved by shareholders, reflects the company’s ongoing efforts to align its leadership’s interests with its strategic goals, potentially impacting its operational focus and market positioning.
Lightning Minerals Ltd announced the issuance of unquoted equity securities, including 500,000 options expiring in 2027 and 872,728 performance rights. This move is part of the company’s strategy to strengthen its financial position and support its growth initiatives, potentially impacting its market standing and offering new opportunities for stakeholders.
Lightning Minerals Ltd has announced the commencement of planning for a Phase 2 drilling program at its Mt Turner Gold Project in Queensland, following a successful Phase 1 that confirmed a large-scale mineralized system. The Phase 1 program revealed significant gold, base metal, and silver mineralization, with multiple new targets identified over a 12km stretch along the Drummer Fault. The upcoming Phase 2, fully funded after a recent capital raise, aims to extend the high-grade zones and further explore the project’s potential, positioning the company for substantial growth and progress for shareholders in 2026.