Lincoln Minerals Limited (AU:LML)
ASX:LML
Want to see AU:LML full AI Analyst Report?
Top Page
Lincoln Minerals Limited
(Sydney:LML)
Select Model
Select Model
Rating:46Neutral
Price Target:
AU$0.01
▲(10.00% Upside)
Action:ReiteratedDate:04/14/26
The score is primarily held back by weak financial performance—persistent losses, minimal revenue scale, and ongoing cash burn—despite relatively low leverage. Technical indicators are modestly negative (negative MACD and sub-50 RSI), while valuation is constrained by a negative P/E and no stated dividend yield.
Positive Factors
Low leverage / balance sheet health
The company’s very low debt-to-equity (~0.05) and history of minimal or no debt materially reduce financial distress risk and interest burdens. This durable strength extends the runway for exploration and development activities, giving management more strategic flexibility to time financing or asset sales without high fixed financing costs.
Negative Factors
Persistent cash burn
Negative operating and free cash flow every year creates a structural funding imperative: the business cannot self-finance exploration or development. Even with an improved operating outflow in FY2025, recurring cash deficits require repeated external capital, increasing dilution risk and constraining long-term investment flexibility.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage / balance sheet health
The company’s very low debt-to-equity (~0.05) and history of minimal or no debt materially reduce financial distress risk and interest burdens. This durable strength extends the runway for exploration and development activities, giving management more strategic flexibility to time financing or asset sales without high fixed financing costs.
Read all positive factors
Lincoln Minerals Limited (LML) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$28.66M
Dividend YieldN/A
Average Volume (3M)11.53M
Price to Earnings (P/E)―
Beta (1Y)1.98
Revenue GrowthN/A
EPS Growth58.82%
CountryAU
Employees12
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)<0.01
Shares Outstanding2,605,433,800
10 Day Avg. Volume11,532,103
30 Day Avg. Volume11,532,103
Financial Highlights & Ratios
PEG Ratio0.24
Price to Book (P/B)2.25
Price to Sales (P/S)24.05
P/FCF Ratio-5.85
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Lincoln Minerals Limited Business Overview & Revenue Model
Company Description
Lincoln Minerals Limited engages in the exploration and development of mineral properties in Australia. The company explores for graphite, copper, gold, iron ore, magnetite, hematite, zinc, lead, and silver deposits. Its flagship project is the Ko...
How the Company Makes Money
null...
Lincoln Minerals Limited Financial Statement Overview
Summary
Income Statement
22
Negative
Balance Sheet
55
Neutral
Cash Flow
28
Negative
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 592.36K | 601.72K | 0.00 | 0.00 | 5.46K | 55.01K |
| Gross Profit | 591.14K | 601.72K | -951.00 | -1.91K | 3.77K | 54.70K |
| EBITDA | -1.29M | -870.82K | -1.57M | -3.61M | -2.02M | -909.23K |
| Net Income | -1.67M | -2.28M | -2.69M | -3.61M | -2.03M | -744.64K |
Balance Sheet | ||||||
| Total Assets | 7.50M | 6.99M | 8.53M | 7.15M | 5.99M | 7.53M |
| Cash, Cash Equivalents and Short-Term Investments | 1.52M | 662.94K | 2.57M | 1.16M | 42.12K | 122.77K |
| Total Debt | 0.00 | 294.86K | 0.00 | 0.00 | 510.00K | 0.00 |
| Total Liabilities | 298.09K | 558.38K | 345.88K | 117.79K | 737.30K | 257.40K |
| Stockholders Equity | 7.20M | 6.43M | 8.19M | 7.04M | 5.25M | 7.28M |
Cash Flow | ||||||
| Free Cash Flow | -1.08M | -2.47M | -2.43M | -2.73M | -646.92K | -856.03K |
| Operating Cash Flow | -1.07M | -1.06M | -1.34M | -2.15M | -494.28K | -634.63K |
| Investing Cash Flow | -379.57K | -1.41M | -1.09M | -576.81K | -18.36K | -195.15K |
| Financing Cash Flow | 2.23M | 515.83K | 3.84M | 3.85M | 510.00K | 0.00 |
Lincoln Minerals Limited Peers Comparison
UnderperformOutperform
Sector (61)
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% | |
52 Neutral | AU$17.57M | -1.53 | -129.04% | ― | 445.43% | 47.23% | |
46 Neutral | AU$28.66M | -6.37 | -24.52% | ― | ― | 58.82% | |
44 Neutral | AU$11.81M | -3.18 | 110.58% | ― | ― | 90.94% | |
42 Neutral | AU$14.79M | -4.63 | -5.47% | ― | ― | 39.30% | |
41 Neutral | AU$14.44M | -3.25 | -13.47% | ― | ― | 33.33% |
* Basic Materials Sector Average
AU:LML
Lincoln Minerals Limited
0.01
0.00
0.00%
AU:BUX
Buxton Resources Limited
0.04
0.01
32.26%
AU:AMU
GTI Resources Ltd
0.10
-0.02
-20.33%
AU:AKO
Akora Resources Ltd.
0.08
-0.03
-29.66%
AU:RWD
Reward Minerals Limited
0.04
>-0.01
-12.24%
Lincoln Minerals Limited Corporate Events
Lincoln Minerals Updates Investor Presentation on South Australian Copper and Critical Minerals Portfolio
Apr 20, 2026
Lincoln Minerals Limited has released an updated investor presentation outlining its activities and project portfolio to the market. The refreshed materials are expected to give investors a clearer view of the company’s copper and base metal...
Lincoln Minerals to Launch Q2 Drilling at Minbrie as Copper Strategy Gains Pace
Apr 20, 2026
Lincoln Minerals has secured landowner and regulatory approvals to begin its first-stage drilling program at the Minbrie Copper Project on South Australia’s Eyre Peninsula in the June quarter of 2026. The company has contracted an air core r...
Lincoln Minerals Seeks ASX Quotation for 5 Million New Shares
Mar 31, 2026
Lincoln Minerals Limited has applied to the Australian Securities Exchange for quotation of 5,000,000 new fully paid ordinary shares. The securities, issued on 31 March 2026, expand the company’s quoted capital base and may influence liquidi...
Lincoln Minerals cleared to start copper drilling at Minbrie in Q2 2026
Mar 29, 2026
Lincoln Minerals has secured all government and landowner approvals to begin Stage 1 drilling at its Minbrie Copper Project on South Australia’s Eyre Peninsula, with an air core rig booked to start at least 40 holes in the second quarter of ...
Lincoln Minerals Issues Interim Financial Report for Half-Year to 31 December 2025
Mar 11, 2026
Lincoln Minerals Limited has released its interim report for the half-year ended 31 December 2025, providing shareholders with an overview of the company’s financial performance and position. The report includes the directors’ commenta...
Lincoln Minerals seeks quotation for small tranche of new ASX shares
Feb 27, 2026
Lincoln Minerals Limited has applied for quotation of a small allotment of new ordinary fully paid shares on the ASX, covering 313 securities issued on 27 February 2026. The modest scale of this issuance suggests a routine administrative or techni...
Lincoln Minerals Seeks ASX Quotation for Additional Ordinary Shares
Feb 20, 2026
Lincoln Minerals Limited, an Australian mining and exploration company listed on the ASX under code LML, continues to expand its capital base through equity issuance. The company has applied for quotation of an additional 357,143 ordinary fully pa...
Lincoln Minerals Seeks ASX Quotation for Nearly 7 Million New Shares
Feb 6, 2026
Lincoln Minerals Limited has applied to the ASX for quotation of 6,973,549 new fully paid ordinary shares under the code LML, with an issue date of 6 February 2026. The quotation of these additional securities, arising from the exercise or convers...
Lincoln Minerals Tightens ASX Compliance as It Sharpens Copper-Focused Growth Strategy
Feb 5, 2026
Lincoln Minerals Limited has released an amended version of its December 2025 Quarterly Activities/Appendix 5B Cash Flow Report to address ASX Listing Rule compliance, while highlighting a refreshed leadership team and a strategic shift to becomin...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.