Mamba Exploration Ltd. (M24) AI Stock Analysis

• Market Cap: AU$3.54M
• Dividend Yield: N/A
• Average Volume (3M): 162.98K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.94
• Revenue Growth: N/A
• EPS Growth: 69.98%
• Country: AU
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 62
• Industry: Industrial Materials
• EPS (TTM): -0.01
• Shares Outstanding: 295,165,620
• 10 Day Avg. Volume: 203,234
• 30 Day Avg. Volume: 162,978
• PEG Ratio: 0.03
• Price to Book (P/B): 0.38
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -3.79
• 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: N/A
• Number of Analyst Covering: 0

• Rating: 49 Neutral
• Price Target: AU$0.00 ▼(-100.00%Downside)

Mamba Exploration Ltd.'s stock is rated lower due to its financial performance, where strong revenue growth is overshadowed by significant operating losses and negative cash flow. The technical analysis provides neutral signals, suggesting a lack of momentum. The valuation is unattractive with a negative P/E ratio and no dividend yield, reflecting the company's ongoing unprofitability.

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 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

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
TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Sep 2020
Income Statement		Total Revenue
37.67K	55.11K	37.23K	17.03K	0.00	0.00
	Gross Profit
-7.94K	-32.72K	-42.92K	-41.44K	-21.83K	0.00
	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 Sheet		Cash, Cash Equivalents and Short-Term Investments
169.87K	825.97K	747.57K	3.41M	5.68M	6.76M
	Total Assets
4.70M	7.39M	5.53M	8.31M	10.02M	10.29M
	Total Debt
12.87K	14.11K	57.87K	82.39K	82.39K	0.00
	Net Debt
-157.01K	-811.86K	-689.71K	-3.33M	-486.94K	-6.76M
	Total Liabilities
217.38K	332.60K	321.24K	247.21K	383.35K	856.00
	Stockholders Equity
4.48M	7.06M	5.21M	8.06M	9.64M	10.29M
Cash Flow		Free Cash Flow
-933.42K	-2.52M	-2.63M	-2.27M	-1.29M	0.00
	Operating Cash Flow
-791.16K	-830.37K	-1.12M	-1.31M	-618.72K	0.00
	Investing Cash Flow
-1.57M	-1.64M	-1.52M	-1.39M	-671.33K	0.00
	Financing Cash Flow
3.02M	2.55M	-24.53K	0.00	6.97M	1.00

Mamba Exploration Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.01
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: 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 Positive momentum. The RSI at 47.27 is Neutral, neither overbought nor oversold. The STOCH value of -50.00 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

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	51 Neutral	$2.02B	-1.14	-21.37%	3.64%	2.88%	-30.57%
M24	49 Neutral	AU$3.54M	―	-60.45%	―	―	69.98%
NMTAF		$45.10M	―	-46.99%	―	―	―
SFRRF		$3.50B	40.03	5.11%	―	―	―
UREQF		$21.52M	―	-56.94%	―	―	―
GTR		AU$12.00M	―	-6.64%	―	―	―
RNU	46 Neutral	AU$157.67M	88.57	1.05%	―	―	―

Mamba Exploration Ltd. Corporate Events

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.

Mamba Exploration Ltd. Announces Change in Substantial Holder Interests

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

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

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

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

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

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.