Mamba Exploration Ltd. (AU:M24)
ASX:M24
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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 RangeAU$0.01 - AU$0.04
Previous CloseN/A
Volume384.62K
Average Volume (3M)398.68K
Market Cap
AU$7.31M
Enterprise ValueAU$4.53M
Total Cash (Recent Filing)AU$562.26K
Total Debt (Recent Filing)AU$66.61K
Price to Earnings (P/E)―
Beta1.61
Next Earnings
Sep 25, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.01
Shares Outstanding487,532,070
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 LeverageVery low debt-to-equity (~1.3% in 2025) provides durable financial flexibility for an exploration company. Reduced solvency risk lowers refinancing pressure during multi-year drilling programs, helps preserve optionality for JV or farm‑out deals, and supports continuity of operations despite negative cash flows.
Diversified Resource PortfolioExposure across gold, copper, manganese, nickel and rare earth elements spreads geological and price risk and aligns with structural demand (EV, renewables, critical minerals). This multi-commodity pipeline increases chances of discovering commercially viable deposits and supports multiple monetization routes long-term.
Improving Cash BurnA meaningful narrowing of free cash flow losses in 2025 signals improving capital efficiency or project prioritization. If sustained, this trend can extend the company’s runway, lower near-term funding dependence, and improve bargaining power in future equity or JV negotiations.
Bears Say
Persistent Negative Cash FlowConsistent negative operating and free cash flow from 2021–2025 creates a structural funding requirement. For an explorer, ongoing cash burn necessitates recurring capital raises or partner funding, increasing dilution risk and creating execution risk if capital markets or partners become less accessible.
Widening Net LossesWidening net losses despite revenue growth imply costs or exploration spending are outpacing progress toward profitable operations. This structural imbalance weakens profitability prospects, accelerates equity depletion, and raises the bar for demonstrating commercial viability to partners and investors.
Declining Shareholder EquityFalling shareholder equity reflects accumulated deficits and likely dilution from funding rounds. A shrinking equity base reduces the company’s financial cushion, limits borrowing capacity despite low debt, and can undermine confidence when seeking JVs or project financing for development stages.
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$7.31M.
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 96 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 487,532,070 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 subsidiary companies, operates as an Australian-based firm specializing in mineral exploration and development. The company's primary objective is to discover deposits rich in gold, copper, nickel, manganese, cobalt, silver, and various base metals. It maintains complete ownership of several significant ventures, including the Darling Range project, which spans roughly 75 square kilometers across 26 blocks northeast of Perth. Additionally, Mamba holds a 100% stake in the Calyerup Creek project, covering approximately 45 square kilometers through two granted exploration licenses in Western Australia, as well as the Ashburton project, which encompasses about 610 square kilometers across 204 blocks via three granted exploration licenses, also in Western Australia. Further assets include three sub-projects within the Kimberley region of Western Australia. Mamba Exploration Limited was established in 2020 and has its headquarters in West Perth, Australia.
Technical Analysis
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Options Prices
Currently, No data available
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