Mamba Exploration Ltd. (M24) AI Stock Analysis

• Market Cap: AU$4.43M
• Dividend Yield: N/A
• Average Volume (3M): 349.42K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.31
• Revenue Growth: N/A
• EPS Growth: 69.98%
• Country: AU
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 67
• Industry: Industrial Materials
• EPS (TTM): -0.01
• Shares Outstanding: 295,165,620
• 10 Day Avg. Volume: 426,005
• 30 Day Avg. Volume: 349,415
• PEG Ratio: 0.03
• Price to Book (P/B): 0.42
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -4.11
• 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: 54 Neutral
• Price Target: AU$0.00 ▼(-100.00%Downside)

Mamba Exploration Ltd.'s stock score is influenced primarily by its strong revenue growth and positive technical indicators. However, significant operational inefficiencies and lack of profitability weigh heavily on its valuation. Improvements in profitability and cash flow management are crucial to leverage its strong equity position and enhance stock attractiveness.

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 and a robust equity position, which are positive indicators. However, the company is unprofitable with significant operating losses, negative net profit margins, and negative cash flow, highlighting a need for improved cost control and profitability.

Income Statement

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

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

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	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Sep 2020
Income Statement
Total Revenue	55.11K	37.23K	17.03K	0.00	0.00
Gross Profit	-32.72K	-42.92K	-41.44K	-21.83K	0.00
EBITDA	-1.17M	-2.98M	-1.52M	-838.42K	-860.00
Net Income	-1.25M	-3.07M	-1.58M	-860.25K	-856.00
Balance Sheet
Total Assets	7.39M	5.53M	8.31M	10.02M	10.29M
Cash, Cash Equivalents and Short-Term Investments	825.97K	747.57K	3.41M	5.68M	6.76M
Total Debt	14.11K	57.87K	82.39K	82.39K	0.00
Total Liabilities	332.60K	321.24K	247.21K	383.35K	856.00
Stockholders Equity	7.06M	5.21M	8.06M	9.64M	10.29M
Cash Flow
Free Cash Flow	-2.52M	-2.63M	-2.27M	-1.29M	0.00
Operating Cash Flow	-830.37K	-1.12M	-1.31M	-618.72K	0.00
Investing Cash Flow	-1.64M	-1.52M	-1.39M	-671.33K	0.00
Financing Cash Flow	2.55M	-24.53K	0.00	6.97M	0.00

Mamba Exploration Ltd. Technical Analysis

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

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 above the 20-day moving average (MA) of 0.01, above the 50-day MA of 0.01, and above the 200-day MA of 0.01, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 66.97 is Neutral, neither overbought nor oversold. The STOCH value of 222.22 is Negative, 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 *	71 Outperform	¥178.15B	10.68	6.29%	3.19%	3.83%	1.90%
M24	54 Neutral	AU$4.43M	―	-60.45%	―	―	69.98%
A2R	―	€2.14M	―	-171.96%	―	―	―
GED	41 Neutral	AU$4.61M	―	-8.27%	―	―	-50.00%
AQX	39 Underperform	AU$5.54M	―	-51.34%	―	―	95.85%
M2R	35 Underperform	AU$3.99M	―	-16.29%	―	―	68.13%
GES	34 Underperform	AU$3.91M	―	-44.52%	―	―	-3.70%

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.

Mamba Exploration Ltd. Announces Change in Substantial Holder Interests

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.