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Leeuwin Metals Ltd
(Sydney:LM1)
Leeuwin Metals Ltd (LM1) vs. iShares MSCI Australia ETF (EWA)
Leeuwin Metals Ltd Business Overview & Revenue Model
Leeuwin Metals Ltd Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2024 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 450.50K | 0.00 | 0.00 | 0.00 |
| Gross Profit | 0.00 | 450.50K | 0.00 | 0.00 | 0.00 |
| EBITDA | -1.13M | -491.17K | -1.13M | -876.49K | -5.55K |
| Net Income | -1.12M | -6.12M | -1.12M | -922.40K | -290.48K |
Balance Sheet | |||||
| Total Assets | 8.10M | 3.56M | 8.10M | 10.69M | 1.79M |
| Cash, Cash Equivalents and Short-Term Investments | 2.88M | 2.04M | 2.88M | 6.07M | 59.03K |
| Total Debt | 32.70K | 0.00 | 32.70K | 0.00 | 0.00 |
| Total Liabilities | 2.35M | 262.88K | 2.35M | 970.11K | 105.50K |
| Stockholders Equity | 5.75M | 3.29M | 5.75M | 9.72M | 1.69M |
Cash Flow | |||||
| Free Cash Flow | -2.17M | -4.00M | -2.17M | -2.38M | -1.99M |
| Operating Cash Flow | -958.79K | -403.25K | -958.79K | -860.70K | -113.94K |
| Investing Cash Flow | -1.24M | -3.60M | -1.24M | -1.52M | -1.88M |
| Financing Cash Flow | 3.01M | 0.00 | 3.01M | 8.33M | 2.10M |
Leeuwin Metals Ltd Technical Analysis
Leeuwin 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% | |
45 Neutral | AU$20.35M | ― | ― | ― | ― | ― | |
45 Neutral | AU$5.10M | ― | -29.48% | ― | ― | 76.12% | |
44 Neutral | AU$23.58M | -50.00 | ― | ― | ― | ― | |
44 Neutral | AU$7.02M | -0.50 | -78.12% | ― | ― | -349.06% | |
44 Neutral | AU$5.98M | -4.58 | -38.30% | ― | ― | 61.60% | |
38 Underperform | AU$5.91M | -5.45 | -26.98% | ― | ― | 4.35% |
Leeuwin Metals Ltd Corporate Events
Leeuwin Metals has commenced a 10,000-metre reverse circulation drilling campaign at the Evanston deposit within its Marda Gold Project in Western Australia, targeting extensions to the current 135,800-ounce resource there and aiming to grow the broader 342,000-ounce project inventory. The program will test shallow extensions, down-dip electromagnetic anomalies and high-grade shoots indicated by prior drilling, with first assay results expected in February 2026, and the company notes it is well funded to pursue this aggressive step-out strategy, which could enhance Marda’s scale and strengthen Leeuwin’s growth position in the Southern Cross gold region.
The most recent analyst rating on (AU:LM1) stock is a Hold with a A$0.16 price target. To see the full list of analyst forecasts on Leeuwin Metals Ltd stock, see the AU:LM1 Stock Forecast page.
Leeuwin Metals Ltd has disclosed a change in director Simon Jackson’s relevant interests following the issue of 900,000 additional performance rights to his associated entity, Bigjac Investments Pty Ltd, with an expiry date of 24 December 2030. The securities were issued for nil cash consideration pursuant to shareholder approval at the company’s November 2025 annual general meeting, increasing Jackson’s exposure to performance-linked equity and further tying his remuneration to the company’s long-term performance, which may be viewed positively by investors seeking stronger alignment between management and shareholder outcomes.
Leeuwin Metals Ltd has issued 4 million unquoted performance rights under its employee incentive scheme, which are subject to transfer restrictions and will not be quoted on the ASX until those restrictions lapse. The move strengthens the company’s equity-based remuneration structure, aligning staff and management incentives with shareholder interests through additional performance-linked securities.
Leeuwin Metals Ltd has issued 6.8 million unquoted performance rights under its employee incentive scheme, effective 24 December 2025. The new securities, which will not be quoted on the ASX, expand the company’s pool of equity-based remuneration and are intended to support staff retention and performance alignment without immediately diluting the listed share count.
Leeuwin Metals Ltd has notified the market of a new issue of unquoted options, with 2 million options to be granted that are exercisable at A$0.40 and set to expire on 19 December 2028. The options, which stem from a previously announced transaction and are not intended to be quoted on the ASX, represent a fresh tranche of equity-linked incentives that could potentially dilute existing shareholders if exercised but may also support capital structure flexibility and alignment with stakeholders over the medium term.
Leeuwin Metals Ltd announced that Executive Chairman Christopher Piggott will host a live investor webinar on December 11, 2025, to discuss the maiden resource at the Marda Gold Project and upcoming exploration and drilling activities. The webinar aims to provide insights into the company’s strategy for expanding its mineral inventory, with the Marda project offering numerous targets for exploration. This initiative underscores Leeuwin’s commitment to enhancing its resource base and strengthening its position in the mineral exploration industry.
Leeuwin Metals Ltd has announced a maiden Mineral Resource Estimate of 342,300 ounces of gold at its Marda Gold Project in Western Australia, achieved just nine months after acquiring the project. The company plans an aggressive drilling campaign starting in January 2026 to further increase resources and test new targets, supported by strong funding. This development positions Leeuwin for significant growth and potential financial returns, enhancing its industry standing and offering promising implications for stakeholders.
Leeuwin Metals Ltd has issued 469,696 fully paid ordinary shares without disclosure to investors, in compliance with relevant sections of the Corporations Act 2001. This issuance reflects the company’s adherence to regulatory standards, potentially impacting its financial structure and stakeholder interests.
Leeuwin Metals Ltd has announced the application for the quotation of 469,696 fully paid ordinary securities on the Australian Securities Exchange (ASX) under the code LM1. This move is part of a previously announced transaction and signifies an expansion in the company’s market presence, potentially enhancing its liquidity and attractiveness to investors.
Leeuwin Metals Ltd announced that all resolutions proposed at its Annual General Meeting were successfully passed. This includes key resolutions such as the re-election of a director, approval of a 10% placement facility, and the issuance of performance rights to key executives, which are expected to strengthen the company’s governance and operational capabilities.
Leeuwin Metals Ltd has announced a change in the interests of its director, Christopher Piggott, in the company’s securities. The change involved the conversion of 450,000 performance rights into fully paid ordinary shares, resulting in an increase in the number of shares held by Tito Holdings Pty Ltd, a related entity. This adjustment reflects internal financial maneuvers and may impact the company’s stock distribution and stakeholder interests.
Leeuwin Metals Ltd has announced the quotation of 1,250,000 ordinary fully paid securities on the Australian Securities Exchange (ASX) under the code LM1, effective from November 20, 2025. This move is part of the company’s strategy to enhance its capital structure and potentially improve its market positioning, offering stakeholders an opportunity to engage with the company’s growth trajectory.
Leeuwin Metals Ltd has announced promising results from recent drilling at the Evanston trend within the Marda Gold Project, revealing further shallow gold intercepts and new electromagnetic anomalies. The company plans to commence a 10,000-meter RC drill program targeting these new findings, indicating potential for a larger mineralized system. With a strong financial position following a recent placement, Leeuwin is poised for growth, aiming to deliver a maiden mineral resource estimate for the project, enhancing its industry positioning and offering significant implications for stakeholders.
Leeuwin Metals Ltd has issued an addendum to its Notice of Annual General Meeting, introducing new resolutions and a replacement proxy form for shareholder voting. The resolutions include ratifications of prior share issues and approval for issuing options to the lead manager, reflecting strategic moves to strengthen the company’s financial positioning.
Leeuwin Metals Ltd has reported significant progress in its Marda Gold Project during the September quarter, highlighted by the completion of a 5,000m drilling program at the Evanston Prospect. This program, the first large-scale drilling in 20 years, confirmed multiple shallow, high-grade gold intersections and identified new zones of mineralization. The company is set to commence a 10,000m follow-up drill campaign in November 2025, supported by a recent $5.8 million placement to fund accelerated exploration efforts. The results have positioned Leeuwin to potentially define its maiden Mineral Resource Estimate, marking a transformational phase for the project.
Leeuwin Metals Ltd has announced the issuance of 24,680,852 ordinary fully paid securities, which will be quoted on the ASX as of October 30, 2025. This move is part of previously announced transactions and is expected to enhance the company’s market presence and liquidity, potentially impacting its operational capabilities and stakeholder interests positively.
Leeuwin Metals Ltd has announced the issuance of 24,680,852 fully paid ordinary shares at A$0.235 per share as part of a placement announced earlier. This move complies with relevant sections of the Corporations Act 2001, ensuring transparency and adherence to legal requirements, which may impact the company’s market positioning and investor relations.
Leeuwin Metals Ltd has announced its Annual General Meeting (AGM) scheduled for November 25, 2025, in Subiaco, Western Australia. The meeting will cover the company’s annual financial report, the adoption of the Remuneration Report, the re-election of Director Christopher Piggott, and the approval of a 10% Placement Facility. These resolutions aim to address key governance and financial strategies, potentially impacting shareholder value and company growth.
Leeuwin Metals Ltd has announced a proposed issue of securities, including 2,000,000 options and 25,150,548 ordinary fully paid shares, with the issue date set for October 30, 2025. This move is expected to enhance the company’s capital structure, potentially strengthening its market position and providing additional resources for future growth initiatives.
Leeuwin Metals Ltd has successfully raised approximately A$5.8 million through a placement to institutional and sophisticated investors, which will be used to accelerate exploration at the Marda Gold Project. The company plans to commence a 10,000m reverse circulation (RC) drilling program in November 2025, targeting the Evanston prospect to test down-hole electromagnetic (DHEM) conductors and other identified targets. This funding positions Leeuwin to expand its exploration activities and potentially increase its resource base, with assays pending for 31 completed holes and ongoing DHEM surveys. The placement was well-supported by existing and new investors, reflecting confidence in the project’s potential to create substantial value.
Leeuwin Metals Ltd has requested a trading halt on its securities, effective from 21 October 2025, pending an announcement regarding a capital raising. This trading halt is expected to last until the announcement is made or until the commencement of normal trading on 23 October 2025, indicating a strategic move by the company to potentially enhance its financial position.