Top Page
Mt Malcolm Mines NL
(Sydney:M2M)
Mt Malcolm Mines NL (M2M) vs. iShares MSCI Australia ETF (EWA)
Mt Malcolm Mines NL Business Overview & Revenue Model
Mt Malcolm Mines NL Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.01M | 1.45M | 14.17K | 0.00 | 0.00 | 0.00 |
| Gross Profit | 416.01K | 753.96K | -93.89K | -90.78K | -38.89K | -8.49K |
| EBITDA | 360.75K | 188.26K | -1.07M | -1.24M | -1.33M | -2.92M |
| Net Income | 224.80K | 30.58K | -1.18M | -1.33M | -1.37M | -2.93M |
Balance Sheet | ||||||
| Total Assets | 11.88M | 11.88M | 9.37M | 7.88M | 8.78M | 2.38M |
| Cash, Cash Equivalents and Short-Term Investments | 931.35K | 931.35K | 640.35K | 743.90K | 4.65M | 431.46K |
| Total Debt | 428.56K | 428.56K | 254.07K | 76.51K | 105.47K | 131.12K |
| Total Liabilities | 1.21M | 1.21M | 1.23M | 463.41K | 595.32K | 718.21K |
| Stockholders Equity | 10.67M | 10.67M | 8.14M | 7.42M | 8.18M | 1.67M |
Cash Flow | ||||||
| Free Cash Flow | 1.28M | 197.91K | -2.53M | -4.39M | -3.32M | -1.18M |
| Operating Cash Flow | 296.36K | 243.91K | -881.47K | -877.34K | -1.22M | -386.16K |
| Investing Cash Flow | -4.42K | -2.06M | -1.64M | -3.52M | -2.10M | -500.66K |
| Financing Cash Flow | 646.35K | 2.11M | 2.43M | 480.08K | 7.54M | 1.63M |
Mt Malcolm Mines NL Technical Analysis
Mt Malcolm Mines NL Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
52 Neutral | AU$6.99M | 150.00 | 0.33% | ― | ― | ― | |
50 Neutral | AU$10.62M | ― | ― | ― | ― | ― | |
44 Neutral | AU$12.81M | -0.78 | -62.79% | ― | ― | -40.85% | |
41 Neutral | €11.88M | -9.09 | -10.51% | ― | ― | 15.38% | |
38 Underperform | AU$18.54M | -2.48 | -60.89% | ― | ― | 77.62% | |
30 Underperform | AU$8.05M | -4.44 | ― | ― | ― | -237.50% |
Mt Malcolm Mines NL Corporate Events
Mt Malcolm Mines NL has announced the commencement of trading for its Renounceable Rights Issue under the ASX code M2MR. This initiative allows shareholders the flexibility to either take up their entitlements fully, partially, or sell them on the market, thereby providing an opportunity to realize value. The rights trading will conclude on November 11, 2025, offering stakeholders a strategic option to manage their investments.
Mt Malcolm Mines NL has announced a proposed issue of securities, including 155,340,055 listed options exercisable at $0.03, expiring three years from the date of issue. This move is part of a standard pro rata issue and a placement, with the offer closing on November 18, 2025, and the issue date set for November 25, 2025. The announcement indicates the company’s efforts to raise capital, which could impact its operational capabilities and market positioning.
Mt Malcolm Mines NL has announced a pro-rata renounceable entitlement issue, offering 1 share for every 2 shares held at an issue price of $0.015 per share, aiming to raise up to $2,330,101. This offer includes a free attaching option for every share subscribed, exercisable at $0.03 each within three years, and is partially underwritten by Mahe Capital Pty Ltd, highlighting a strategic move to bolster the company’s financial position.
Mt Malcolm Mines NL is launching a renounceable rights issue to raise up to $2.3 million, priced at 1.5 cents per share, offering a 25% discount to the last trading price. The funds will be used to advance exploration at the Malcolm Gold Project, strengthen the company’s balance sheet, and pursue growth opportunities, with the issue partially underwritten by Mahe Capital Pty Ltd.
Mt Malcolm Mines NL has announced its Annual General Meeting (AGM) for shareholders, scheduled for November 20, 2025, in Perth, Western Australia. Shareholders are encouraged to participate by attending in person or voting via proxy, with instructions provided for online and physical submissions. This meeting is crucial for stakeholders to discuss company matters, and shareholders are advised to review the Notice of Meeting thoroughly and consult professional advisers if needed.
Mt Malcolm Mines NL has reported promising assay results from its recent reverse-circulation drilling program at the Picnic South Gold Prospect, part of the Sunday Picnic trend within the Malcolm Project in Western Australia. The results indicate multiple broad gold intersections, with standout peaks of 4.5 g/t Au, confirming continuous mineralisation along a 700m strike. This development, coupled with current high gold prices, suggests strong economic potential for low-cost open pit mining, supporting ongoing exploration and future project development.
Mt Malcolm Mines NL, a company involved in the mining sector, held its General Meeting on 8 October 2025, where all resolutions on the agenda were passed by a poll. The meeting focused on the ratification of prior share placements and the approval to issue lead manager options, indicating strong shareholder support for the company’s recent financial activities.
Mt Malcolm Mines NL has initiated a comprehensive data review and JORC (2012) Mineral Resource Estimation for its Malcolm Gold Project, following successful drilling and bulk sampling activities. This initiative, involving over 4,600 meters of recent drilling and significant bulk sampling outcomes, aims to establish a robust geological framework and potential resource base. The project’s strategic location near major gold deposits enhances its potential, marking a pivotal step in its development. The engagement of Dr. Spero Carras for technical evaluation underscores the company’s commitment to advancing its resource evaluation and strengthening its position in the gold mining industry.
Mt Malcolm Mines NL has released its Corporate Governance Statement for 2025, emphasizing its adherence to the ASX Corporate Governance Council’s Principles and Recommendations. The company is dedicated to ensuring that its executive management operates with ethics and integrity, complies with all applicable laws, and continually reviews its governance framework to meet obligations. This commitment is aimed at safeguarding shareholder interests and managing business risks effectively.
Mt Malcolm Mines NL has released its annual report for the year ending June 2025. The report includes comprehensive financial statements and a review of operations, highlighting the company’s performance over the past year. This release provides stakeholders with detailed insights into the company’s financial health, operational achievements, and strategic direction.
Mt Malcolm Mines NL has announced a change in the interests of its director, Robert Downey, as part of its compliance with ASX listing rules. The announcement details the expiration of 1,000,000 unlisted options held by Downey’s superannuation fund, with no new acquisitions or disposals of other securities. This change reflects a routine adjustment in the director’s financial interests, with no immediate impact on the company’s operations or market positioning.
Mt Malcolm Mines NL has announced a general meeting for its shareholders, scheduled for October 8, 2025, in Perth, Western Australia. The company is encouraging shareholders to opt for electronic communications to reduce administrative costs, with meeting materials accessible online. This move highlights the company’s efforts to streamline operations and engage shareholders efficiently.
Mt Malcolm Mines NL has reported promising results from its initial reverse circulation drilling program at the Sunday Underground Prospect and infill drilling at the Dumbarton Prospect. The findings confirm significant shallow gold mineralization and well-defined near-surface structures, supporting the company’s strategy for near-term resource growth and production potential. The continuity of gold mineralization over a 700m strike length at Dumbarton and the shallow mineralization beneath historic workings at Sunday Underground highlight the project’s potential. Follow-up drilling is planned to advance the Malcolm Project towards future resource estimation stages.
Mt Malcolm Mines NL successfully secured funding for its next phase of drilling and development, completing significant reverse circulation drilling programs at the Golden Crown and Dumbarton prospects. The Golden Crown drilling returned high-grade gold intercepts, while results from Dumbarton are pending. These efforts are part of the company’s strategy to deliver maiden JORC-compliant Mineral Resource Estimates, supporting future development and enhancing its industry positioning.