Mamba Exploration Ltd. (AU:M24)
ASX:M24
M24 Stock Chart & Stats
AU$0.02
AU$0.00(0.00%)
At close: 4:00 PM EST
AU$0.02
AU$0.00(0.00%)
Day’s Range― - ―
52-Week Range<AU$0.01 - AU$0.04
Previous CloseN/A
Volume384.62K
Average Volume (3M)398.68K
Market Cap
AU$6.44M
Enterprise ValueAU$4.53M
Total Cash (Recent Filing)AU$562.26K
Total Debt (Recent Filing)AU$66.61K
Price to Earnings (P/E)―
Beta1.86
Next Earnings
Sep 25, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding339,165,620
10 Day Avg. Volume476,746
30 Day Avg. Volume398,682
Financial Highlights & Ratios
PEG Ratio-0.07
Price to Book (P/B)0.54
Price to Sales (P/S)41.14
P/FCF Ratio-2.01
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
Bulls Say, Bears Say
Bulls Say
Low Leverage / Strong SolvencyMamba's very low debt-to-equity provides durable financial flexibility for an exploration company. Low leverage reduces near-term solvency risk, preserves borrowing capacity, and lets management prioritize project value creation or partner deals rather than servicing debt, supporting multi-stage exploration programs.
Revenue Growth TrendConsistent revenue growth across 2022–2025 signals that the business is progressing beyond pure spend into monetized activity or asset sales. For an exploration firm, expanding revenue provides evidence of commercial traction, helps validate project economics, and can underpin future investment or JV discussions with industry partners.
Diversified Exploration PortfolioA multi-commodity project set reduces reliance on any single metal cycle and increases discovery odds. Exposure to critical metals like nickel and rare earths aligns with structural demand from electrification and tech supply chains, improving strategic optionality for partnerships, off-take, or staged asset sales.
Bears Say
Persistent Widening Net LossesWidening net losses indicate the company is not yet converting exploration progress into profitable operations. Sustained losses erode equity, raise dilution risk from future capital raises, and constrain reinvestment capacity. Over multiple years this undermines shareholder value and limits self-funding of development stages.
Chronic Negative Operating & Free Cash FlowMulti-year negative operating and free cash flow forces dependence on external capital to continue exploration. Recurrent cash burn increases funding risk, can lead to dilutive equity issuances or unfavorable JV terms, and constrains the firm's ability to sustain continuous drill programs or accelerate project development.
Declining Equity And Funding DependenceA declining equity base signals value erosion from repeated losses and/or capital transactions. This pattern highlights reliance on new funding rounds or strategic investors, raising execution risk if capital markets are tight and increasing the probability of dilution or compromised deal terms for advancing projects.
Mamba Exploration Ltd. News
M24 FAQ
What was Mamba Exploration Ltd.’s price range in the past 12 months?
Mamba Exploration Ltd. lowest share price was <AU$0.01 and its highest was AU$0.04 in the past 12 months.
What is Mamba Exploration Ltd.’s market cap?
Mamba Exploration Ltd.’s market cap is AU$6.44M.
When is Mamba Exploration Ltd.’s upcoming earnings report date?
Mamba Exploration Ltd.’s upcoming earnings report date is Sep 25, 2026 which is in 176 days.
How were Mamba Exploration Ltd.’s earnings last quarter?
Mamba Exploration Ltd. released its earnings results on Mar 09, 2026. The company reported -AU$0.001 earnings per share for the quarter, missing the consensus estimate of N/A by -AU$0.001.
Is Mamba Exploration Ltd. overvalued?
According to Wall Street analysts Mamba Exploration Ltd.’s price is currently Overvalued.
Does Mamba Exploration Ltd. pay dividends?
Mamba Exploration Ltd. does not currently pay dividends.
What is Mamba Exploration Ltd.’s EPS estimate?
Mamba Exploration Ltd.’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Mamba Exploration Ltd. have?
Mamba Exploration Ltd. has 339,165,620 shares outstanding.
What happened to Mamba Exploration Ltd.’s price movement after its last earnings report?
Mamba Exploration Ltd. reported an EPS of -AU$0.001 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went down -12%.
Which hedge fund is a major shareholder of Mamba Exploration Ltd.?
Currently, no hedge funds are holding shares in AU:M24
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Mamba Exploration Ltd. Stock Smart Score
Neutral
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10
Technicals
SMA
Positive
20 days / 200 days
Momentum
42.85%
12-Months-Change
Fundamentals
Return on Equity
-22.17%
Trailing 12-Months
Asset Growth
-11.58%
Trailing 12-Months
Company Description
Mamba Exploration Ltd.
Mamba Exploration Limited, together with its subsidiaries, operates as an exploration and development company in Australia. It primarily explores for gold, copper, nickel, manganese, cobalt, silver, and base metal deposits. The company holds a 100% interest Darling Range project that covers 26 blocks or approximately 75km2 located north-east of Perth; a 100% interest Calyerup Creek project comprising two granted exploration licences that covers approximately 45km2 located in Western Australia; and 100% in Ashburton comprising three granted exploration licences which covers 204 blocks or approximately 610km2 located in Western Australia; and Kimberley projects comprises of 3 sub-projects located in the Kimberley region of Western Australia. Mamba Exploration Limited was incorporated in 2020 and is based in West Perth, Australia.
Technical Analysis
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