Mamba Exploration Ltd. (M24) AI Stock Analysis

• Market Cap: AU$3.84M
• Dividend Yield: N/A
• Average Volume (3M): 256.47K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.12
• Revenue Growth: N/A
• EPS Growth: 69.98%
• Country: AU
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 73
• Industry: Industrial Materials
• EPS (TTM): -0.01
• Shares Outstanding: 295,165,620
• 10 Day Avg. Volume: 497,435
• 30 Day Avg. Volume: 256,474
• 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: Hold
• Number of Analyst Covering: 1

• Rating: 48 Neutral
• Price Target: AU$0.00 ▼(-100.00%Downside)

The overall stock score for Mamba Exploration Ltd. is primarily influenced by its strong revenue growth and high equity ratio, which are offset by significant operational inefficiencies and negative cash flows. The neutral technical indicators and challenging valuation metrics due to unprofitability further weigh on the score.

Mamba Exploration Ltd. Business Overview & Revenue Model

Company Description

Mamba 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 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
EBITDA	-1.09M	-1.17M	-2.98M	-1.52M	-838.42K	-860.00
Net Income	-2.98M	-1.25M	-3.07M	-1.58M	-860.25K	-856.00
Balance Sheet
Total Assets	4.70M	7.39M	5.53M	8.31M	10.02M	10.29M
Cash, Cash Equivalents and Short-Term Investments	169.87K	825.97K	747.57K	3.41M	5.68M	6.76M
Total Debt	12.87K	14.11K	57.87K	82.39K	82.39K	0.00
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: Negative
• 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 Negative momentum. The RSI at 47.27 is Neutral, neither overbought nor oversold. The STOCH value of -100.00 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
M24	48 Neutral	AU$3.84M	―	-60.45%	―	―	69.98%
Sector *	43 Neutral	AU$1.41B	-6.14	-40.74%	4.12%	-3.45%	-41.77%
GED	41 Neutral	AU$3.90M	―	-8.27%	―	―	-50.00%
AQX	39 Underperform	AU$5.00M	―	-51.34%	―	―	95.85%
M2R	35 Underperform	AU$3.99M	―	-16.29%	―	―	68.13%
GES	34 Underperform	AU$3.91M	―	-44.52%	―	―	-3.70%
ACS	29 Underperform	€3.79M	―	-171.96%	―	―	-22.67%

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.