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Mamba Exploration Ltd. (AU:M24)
:M24
Australian Market

Mamba Exploration Ltd. (M24) AI Stock Analysis

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AU

Mamba Exploration Ltd.

(Sydney:M24)

48Neutral
Mamba Exploration Ltd. shows strong revenue growth and a solid balance sheet, but these positives are overshadowed by significant operational losses and negative cash flow. The technical indicators suggest bearish momentum, and the valuation metrics highlight the company's unprofitability, leading to a low overall score.

Mamba Exploration Ltd. (M24) vs. S&P 500 (SPY)

Mamba Exploration Ltd. Business Overview & Revenue Model

Company DescriptionMamba Exploration Ltd. (M24) is an Australian-based mineral exploration company focused on the discovery and development of mineral resources. The company's core projects span across key commodities such as gold, copper, nickel, and rare earth elements. With a strategic focus on high-potential exploration targets within Australia, Mamba Exploration Ltd. aims to leverage its geological expertise and innovative exploration techniques to identify and develop economically viable mineral deposits.
How the Company Makes MoneyMamba Exploration Ltd. generates revenue primarily through the discovery and development of mineral resources which are then sold or leased to mining companies. The company invests in exploration activities to identify mineral deposits, increasing the value of its assets. Revenue streams include the sale of exploration permits and licenses, joint ventures, and potentially future production royalties or direct sales of extracted minerals. Strategic partnerships with larger mining companies can also provide significant funding and technical support, facilitating advanced exploration and development activities and enabling Mamba Exploration Ltd. to monetize its mineral discoveries effectively.

Mamba Exploration Ltd. Financial Statement Overview

Summary
Mamba Exploration Ltd. exhibits strong revenue growth and a robust equity base, which are positive indicators. However, persistent losses and negative cash flow highlight operational inefficiencies and a need for better cost control. The company should focus on improving profitability to leverage its strong equity position effectively.
Income Statement
45
Neutral
Mamba Exploration Ltd. shows a significant revenue growth of 48.1% from the previous year, indicating a positive trend. However, the company is unprofitable with a negative net profit margin of -2275.6% and a negative EBIT margin of -1671.4%, reflecting high operating losses relative to revenue. The gross profit margin is also negative, suggesting cost inefficiencies.
Balance Sheet
65
Positive
The balance sheet reveals a strong equity position with an equity ratio of 95.5%, indicating high financial stability. The debt-to-equity ratio is low at 0.002, demonstrating minimal leverage risk. However, the return on equity is negative at -17.8%, highlighting a lack of profitability affecting returns to shareholders.
Cash Flow
50
Neutral
The free cash flow remains negative at -$2.52 million, indicating cash outflows exceeding inflows. The operating cash flow to net income ratio is 0.66, showing some alignment between cash flow and accounting earnings. Despite negative free cash flow, the company has improved its cash position through financing activities.
Breakdown
TTMJun 2024Jun 2023Jun 2022Jun 2021Sep 2020
Income StatementTotal Revenue
37.67K55.11K37.23K17.03K0.000.00
Gross Profit
-7.94K-32.72K-42.92K-41.44K-21.83K0.00
EBIT
-1.14M-921.16K-1.47M-1.60M-867.09K-860.00
EBITDA
-1.09M-1.17M-2.98M-1.52M-838.42K-860.00
Net Income Common Stockholders
-2.98M-1.25M-3.07M-1.58M-860.25K-856.00
Balance SheetCash, Cash Equivalents and Short-Term Investments
169.87K825.97K747.57K3.41M5.68M6.76M
Total Assets
4.70M7.39M5.53M8.31M10.02M10.29M
Total Debt
12.87K14.11K57.87K82.39K82.39K0.00
Net Debt
-157.01K-811.86K-689.71K-3.33M-486.94K-6.76M
Total Liabilities
217.38K332.60K321.24K247.21K383.35K856.00
Stockholders Equity
4.48M7.06M5.21M8.06M9.64M10.29M
Cash FlowFree Cash Flow
-933.42K-2.52M-2.63M-2.27M-1.29M0.00
Operating Cash Flow
-791.16K-830.37K-1.12M-1.31M-618.72K0.00
Investing Cash Flow
-1.57M-1.64M-1.52M-1.39M-671.33K0.00
Financing Cash Flow
3.02M2.55M-24.53K0.006.97M1.00

Mamba Exploration Ltd. Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.01
Price Trends
50DMA
0.01
Negative
100DMA
0.01
Negative
200DMA
0.01
Negative
Market Momentum
MACD
>-0.01
Negative
RSI
45.52
Neutral
STOCH
-66.67
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:M24, the sentiment is Negative. The current price of 0.01 is below the 20-day moving average (MA) of 0.01, below the 50-day MA of 0.01, and below the 200-day MA of 0.01, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 45.52 is Neutral, neither overbought nor oversold. The STOCH value of -66.67 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:M24.

Mamba Exploration Ltd. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (50)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
AUSFR
56
Neutral
$4.96B37.085.11%42.05%
50
Neutral
$1.98B-1.12-21.33%3.61%1.68%-30.56%
AUM24
48
Neutral
AU$3.54M-60.45%69.98%
AURNU
46
Neutral
AU$200.91M112.861.05%
AUDEV
43
Neutral
$36.66M-56.94%-17.74%
AUNMT
40
Underperform
$60.78M-46.99%-23.51%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:M24
Mamba Exploration Ltd.
0.01
-0.01
-50.00%
AU:NMT
Neometals Ltd
0.08
-0.02
-19.19%
AU:DEV
DevEx Resources Ltd
0.08
-0.28
-77.26%
AU:SFR
Sandfire Resources Limited
10.73
1.08
11.19%
AU:RNU
Renascor Resources Limited
0.08
-0.04
-33.33%

Mamba Exploration Ltd. Corporate Events

Mamba Exploration Ltd. Announces Change in Substantial Holder Interests
Apr 30, 2025

Mamba Exploration Ltd. has announced a change in the interests of a substantial holder in its voting securities. This change reflects an adjustment in the voting power and relevant interests of the holder, which could impact the company’s governance and decision-making processes. Stakeholders may need to consider the implications of this change on their investments and the company’s strategic direction.

Mamba Exploration Ltd. Announces Change in Substantial Holder Interests
Apr 29, 2025

Mamba Exploration Ltd. has reported a change in the interests of a substantial holder, Daniel Bahen, in the company’s voting securities. The notice indicates that Bahen’s voting power has decreased from 6.14% to 5.52% following a placement of 5,000,000 shares valued at $50,000 to Wilhenlu Pty Ltd. This change in voting power could impact the company’s decision-making process and influence over corporate actions, potentially affecting stakeholders’ interests.

Mamba Exploration Ltd. Announces Change in Substantial Holder’s Interests
Apr 29, 2025

Mamba Exploration Ltd. has announced a change in the interests of a substantial holder, Thomas Bahen, who has adjusted his voting power in the company through transactions involving Kendali Pty Ltd and Hammerhead Holdings Pty Ltd. These changes reflect a strategic reallocation of shares, with Bahen’s voting power decreasing from 9.724% to 7.76%, potentially impacting the company’s governance dynamics and shareholder influence.

Mamba Exploration Secures Capital and Strengthens Leadership for Strategic Growth
Apr 15, 2025

Mamba Exploration Limited has successfully raised $265,000 through a share placement, which will be used to review and assess exploration projects in Western Australia and strengthen its working capital. The company also announced the appointment of Mr. James Bahen and Ms. Kristi Bryson as Joint Company Secretaries, succeeding Ms. Amanda Burgess. With a cash position of $1.036 million as of March 31, 2025, Mamba is positioned for potential growth and strategic advancements, reflecting investor confidence in its operations.

Mamba Exploration Updates Office Location
Apr 8, 2025

Mamba Exploration Limited has announced a change in its registered office and principal place of business to Suite 1, 295 Rokeby Road, Subiaco, WA 6008, Australia. This update is effective immediately and has been authorized by the Board, reflecting an administrative change that may streamline operations and improve communication with stakeholders.

Mamba Exploration Appoints New Joint Company Secretaries
Apr 2, 2025

Mamba Exploration Limited has announced the appointment of Mr. James Bahen and Ms. Kristi Bryson as Joint Company Secretaries, effective April 2, 2025, following the resignation of Ms. Amanda Burgess. This change in company secretarial roles is significant for Mamba Exploration as it ensures continued compliance with ASX listing rules and maintains effective communication with the exchange, which is crucial for the company’s operations and stakeholder relations.

Mamba Exploration Releases Half-Year Financial Report
Mar 12, 2025

Mamba Exploration Limited has released its consolidated financial report for the half year ending December 31, 2024. The report includes the company’s financial statements, directors’ report, and auditor’s declaration, providing a comprehensive overview of its financial performance and position. This release is crucial for stakeholders as it offers insights into the company’s financial health and operational efficiency, potentially impacting investment decisions and market perception.

Mamba Exploration Director Increases Stake Through Share Placement
Feb 25, 2025

Mamba Exploration Limited announced a change in the director’s interest, specifically regarding Felicity Repacholi. The director acquired 1,000,000 fully paid ordinary shares through participation in a share placement, increasing her total holding to 1,400,000 shares. This acquisition reflects a strategic move within the company, potentially indicating confidence in the company’s future prospects and stability, which could have implications for stakeholders and market perception.

Mamba Exploration Ltd. Quotes New Securities on ASX
Feb 20, 2025

Mamba Exploration Ltd. announced the quotation of 22,083,334 ordinary fully paid securities on the Australian Securities Exchange (ASX) under the code M24. This move is part of a previously announced transaction, and it is expected to enhance the company’s market presence and provide additional capital for its operations.

Mamba Exploration Ltd. to Quote 38 Million New Securities
Feb 20, 2025

Mamba Exploration Ltd. has announced the quotation of 38,125,000 ordinary fully paid securities to be issued on February 21, 2024, as part of previously announced transactions. This move is expected to enhance the company’s market presence and provide additional financial resources for its exploration activities, potentially impacting its industry positioning and offering new opportunities for stakeholders.

Mamba Exploration Completes Share Issuance for Strategic Growth
Feb 20, 2025

Mamba Exploration Ltd. has successfully completed the issuance of a total of 60,208,334 fully paid ordinary shares as part of two placements approved in December 2024 and February 2025. This share issuance, done without a disclosure document under specific provisions of the Corporations Act, reflects Mamba’s ongoing strategic efforts to secure funding and expand its operations in the mineral exploration sector.

Mamba Exploration Announces New Share Placement
Feb 19, 2025

Mamba Exploration Limited has announced a new placement of securities, proposing to issue up to 22,083,334 ordinary fully paid shares. The issue date is set for February 21, 2025. This strategic move aims to enhance the company’s financial position, potentially impacting its market operations and investment attractiveness.

Mamba Exploration Secures $265,000 in Share Placement for Project Advancements
Feb 19, 2025

Mamba Exploration Limited has successfully secured commitments to raise $265,000 through a share placement to professional and sophisticated investors at a 14.29% discount to the last closing price. The funds will be used to review the company’s exploration projects, assess new opportunities, and strengthen working capital, positioning the company to advance key projects and maintain strategic financial flexibility.

Mamba Exploration Initiates Trading Halt Ahead of Capital Raising Announcement
Feb 18, 2025

Mamba Exploration Limited has requested a trading halt on its securities as the company prepares to make an announcement regarding a capital raising initiative. This trading halt is expected to last until the announcement is released or until the start of normal trading on February 20, 2025. The decision to initiate a trading halt reflects Mamba Exploration’s strategic approach to manage its stock and communicate important financial developments to its stakeholders.

Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

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.