Mamba Exploration Ltd. (M24) AI Stock Analysis

• Market Cap: AU$6.49M
• Dividend Yield: N/A
• Average Volume (3M): 416.59K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.47
• Revenue Growth: N/A
• EPS Growth: 0.81%
• Country: AU
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): >-0.01
• Shares Outstanding: 295,165,620
• 10 Day Avg. Volume: 339,779
• 30 Day Avg. Volume: 416,586
• 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 Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 45 Neutral
• Price Target: AU$0.00 ▼(-100.00% Downside)

Mamba Exploration Ltd. faces significant challenges with profitability and cash flow, reflected in a low financial performance score. While technical analysis shows positive momentum, the stock may be overbought. The negative P/E ratio and lack of dividend yield further weigh down the valuation score.

Mamba Exploration Ltd. Business Overview & Revenue Model

Company Description

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.

How the Company Makes Money

Mamba Exploration Ltd. generates revenue primarily through the discovery and development of mineral resources. The company's business model involves acquiring exploration licenses, conducting geological surveys, and drilling to identify and define mineral reserves. Upon successful exploration, Mamba can monetize these assets through selling or leasing them to mining companies, entering joint ventures, or developing them into operational mines. Revenue streams may also include investments and partnerships with other mining entities interested in leveraging Mamba's exploration capabilities and identified resources. The company's financial performance is heavily influenced by commodity prices, exploration success, and strategic partnerships in the mining sector.

Mamba Exploration Ltd. Financial Statement Overview

Summary

Mamba Exploration Ltd. shows strong revenue growth but struggles with profitability and cash flow generation. The balance sheet is stable with low leverage, yet negative return on equity and cash flow issues highlight the need for improved operational efficiency and cost management.

Income Statement

Mamba Exploration Ltd. shows significant revenue growth, with an 81.56% increase in the latest year. However, the company struggles with profitability, as indicated by negative net profit and EBIT margins. The gross profit margin is positive, but the overall financial health is hindered by substantial losses.

Balance Sheet

The company maintains a low debt-to-equity ratio, indicating conservative leverage. However, the return on equity is negative, reflecting ongoing losses and inefficiencies in generating returns from equity. The equity ratio is stable, suggesting a solid asset base relative to liabilities.

Cash Flow

Operating cash flow and free cash flow are negative, although there is a notable improvement in free cash flow growth. The ratios of cash flow to net income indicate a struggle to convert earnings into cash, which could impact liquidity and operational flexibility.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	68.39K	68.39K	55.11K	37.23K	17.03K	0.00
Gross Profit	68.39K	68.39K	-32.72K	-42.92K	-41.44K	-21.83K
EBITDA	-1.09M	-1.09M	-1.17M	-2.98M	-1.52M	-838.42K
Net Income	-3.05M	-3.05M	-1.25M	-3.07M	-1.58M	-860.25K
Balance Sheet
Total Assets	5.42M	5.42M	7.39M	5.53M	8.31M	10.02M
Cash, Cash Equivalents and Short-Term Investments	562.26K	562.26K	825.97K	747.57K	3.41M	5.68M
Total Debt	66.61K	66.61K	14.11K	57.87K	82.39K	82.39K
Total Liabilities	217.59K	217.59K	332.60K	321.24K	247.21K	383.35K
Stockholders Equity	5.20M	5.20M	7.06M	5.21M	8.06M	9.64M
Cash Flow
Free Cash Flow	-1.40M	-1.40M	-2.52M	-2.63M	-2.27M	-1.29M
Operating Cash Flow	-1.11M	-1.11M	-830.37K	-1.12M	-1.31M	-618.72K
Investing Cash Flow	-239.98K	-239.98K	-1.64M	-1.52M	-965.34K	-671.33K
Financing Cash Flow	1.09M	1.09M	2.55M	-24.53K	0.00	6.97M

Mamba Exploration Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.02
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Negative
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:M24, the sentiment is Positive. The current price of 0.02 is below the 20-day moving average (MA) of 0.02, above the 50-day MA of 0.02, and above the 200-day MA of 0.01, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 75.16 is Negative, neither overbought nor oversold. The STOCH value of 60.32 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:M24.

Mamba Exploration Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
M24	45 Neutral	AU$6.49M	―	-49.72%	―	―	0.81%
GED	41 Neutral	AU$12.93M	―	-8.73%	―	―	12.20%
AQX	39 Underperform	AU$5.54M	―	-110.65%	―	―	32.08%
M2R	35 Underperform	AU$3.58M	―	-16.88%	―	―	73.55%
GES	34 Underperform	AU$7.05M	―	-63.22%	―	―	-7.41%
ACS	29 Underperform	€2.94M	―	-204.45%	―	―	-11.90%

Mamba Exploration Ltd. Corporate Events

Mamba Exploration Revitalizes Gold Exploration at Ashburton Project

Mamba Exploration Limited has completed a strategic review of its Western Australian assets, focusing on gold potential, leading to a decision to reinvigorate exploration at the Ashburton Project. Historical exploration at Ashburton has identified high-grade gold targets, and the company plans to advance the project toward drill-ready targets, which could enhance shareholder value and strengthen its position in the mining industry.