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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 | 1.45M | 1.45M | 14.17K | 0.00 | 0.00 | 0.00 |
| Gross Profit | 753.96K | 753.96K | -93.89K | -90.78K | -38.89K | -8.49K |
| EBITDA | 188.26K | 188.26K | -1.07M | -1.24M | -1.33M | -2.92M |
| Net Income | 30.58K | 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 | 197.91K | 197.91K | -2.53M | -4.39M | -3.32M | -1.18M |
| Operating Cash Flow | 243.91K | 243.91K | -881.47K | -877.34K | -1.22M | -386.16K |
| Investing Cash Flow | -2.06M | -2.06M | -1.64M | -3.52M | -2.10M | -500.66K |
| Financing Cash Flow | 2.11M | 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% | |
57 Neutral | AU$8.26M | 160.00 | 0.33% | ― | ― | ― | |
52 Neutral | AU$12.47M | -9.09 | -10.51% | ― | ― | 15.38% | |
50 Neutral | AU$11.00M | -1.67 | ― | ― | ― | ― | |
50 Neutral | AU$13.46M | -0.78 | -62.79% | ― | ― | -40.85% | |
46 Neutral | AU$22.92M | -3.06 | -60.89% | ― | ― | 77.62% | |
44 Neutral | AU$6.37M | -3.52 | ― | ― | ― | -237.50% |
Mt Malcolm Mines NL Corporate Events
Mt Malcolm Mines NL reported a transformative December 2025 quarter marked by the acquisition of major components of a 500,000 tonne-per-annum carbon-in-leach gold processing plant and associated infrastructure in the Leonora district, which is sized to process ore from its prospects and could support toll milling opportunities once refurbished and commissioned. The company also completed an oversubscribed renounceable rights issue raising $3.05 million before costs to fund its growth strategy, while infill reverse-circulation drilling at the Picnic South prospect confirmed consistent, continuous near-surface gold mineralisation over a 700-metre strike, collectively strengthening its path toward accelerated project development and potential cash generation.
The most recent analyst rating on (AU:M2M) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Mt Malcolm Mines NL stock, see the AU:M2M Stock Forecast page.
Mt Malcolm Mines NL has executed a formal agreement to acquire major components of the Brightstar processing facility from Absolute West Pty Ltd. This acquisition includes a 500,000 tpa carbon-in-leach gold processing plant, positioning the company as one of the few ASX-listed juniors with such capabilities. The plant, which is relocation-ready, offers a strategic advantage in the tightly held processing capacity environment of Leonora and provides a pathway to self-sufficient gold production. The acquisition is expected to deliver cash flow potential through toll-milling and support the company’s growth in gold inventory.
The most recent analyst rating on (AU:M2M) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Mt Malcolm Mines NL stock, see the AU:M2M Stock Forecast page.
Mt Malcolm Mines NL has announced a change in the director’s interest, specifically involving Robert Downey, who has increased his indirect interest in the company through the Downey Superannuation Fund and his spouse, Mrs. S. Downey. This change reflects the director’s participation in a rights issue, resulting in a significant increase in the number of fully paid ordinary shares and listed options held, potentially enhancing the director’s influence and investment in the company’s future growth.
The most recent analyst rating on (AU:M2M) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Mt Malcolm Mines NL stock, see the AU:M2M Stock Forecast page.
Mt Malcolm Mines NL has announced the cessation of 800,000 performance rights due to the lapse of conditional rights, as the conditions were not met or became incapable of being satisfied. This development may impact the company’s capital structure and could influence stakeholder perceptions regarding the company’s ability to meet performance targets.
The most recent analyst rating on (AU:M2M) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Mt Malcolm Mines NL stock, see the AU:M2M Stock Forecast page.
Mt Malcolm Mines NL, a company listed on the Australian Securities Exchange, has issued 400,000 fully paid ordinary shares following the exercise of performance rights. This move, compliant with the Corporations Act 2001, signifies the company’s adherence to regulatory standards and may impact its market position by potentially increasing investor interest.
The most recent analyst rating on (AU:M2M) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Mt Malcolm Mines NL stock, see the AU:M2M Stock Forecast page.
Mt Malcolm Mines NL has announced the application for the quotation of 400,000 fully paid ordinary securities on the Australian Securities Exchange (ASX), with the issue date set for November 28, 2025. This move is part of the company’s strategy to enhance its financial flexibility and potentially expand its operations, which could have significant implications for its market positioning and stakeholder interests.
The most recent analyst rating on (AU:M2M) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Mt Malcolm Mines NL stock, see the AU:M2M Stock Forecast page.
Mt Malcolm Mines NL has announced that its securities, under the security class code M2MOA, will be reinstated to quotation on the ASX following compliance with Listing Rule 2.5. This reinstatement is expected to enhance the company’s visibility and accessibility in the market, potentially impacting its operations and stakeholder engagement positively.
Mt Malcolm Mines NL has released a holdings range report for its listed options, which are set to expire on November 25, 2028, priced at $0.0140 per security. The report highlights that a significant portion of the issued capital, 99.26%, is held by 131 holders with over 100,000 units each, indicating a concentrated ownership structure. This distribution may impact the company’s market dynamics and stakeholder engagement strategies.
Mt Malcolm Mines NL has released a report detailing the top 20 holders of its listed options, which are set to expire in November 2028. The report highlights that Trevor Dixon holds the largest percentage of options at 13.91%, followed by Rookharp Capital Pty Limited with 7.85%. This information provides insight into the distribution of ownership among key stakeholders, which could influence the company’s strategic decisions and market perception.
Mt Malcolm Mines NL has announced the quotation of 50 million ordinary fully paid securities and 53.75 million options expiring in November 2028 on the Australian Securities Exchange (ASX). This move is part of previously announced transactions and could potentially enhance the company’s financial standing and liquidity, offering more opportunities for investment and growth.
Mt Malcolm Mines NL has announced the quotation of new securities on the Australian Securities Exchange (ASX), with a total of 155,340,056 ordinary fully paid shares and 166,990,561 options expiring in November 2028. This move is part of previously announced transactions and is expected to impact the company’s financial positioning by potentially increasing its capital base, thereby supporting its ongoing exploration and development activities.
Mt Malcolm Mines NL announced a successful capital raise through its recent offer, receiving excess demand from investors. In response, the company is offering a placement of up to 50 million shares at $0.015 each, raising up to $750,000, with one free option per share. This move aims to strengthen the company’s financial position and expand its issued capital, potentially impacting its control dynamics and market operations.
Mt Malcolm Mines NL has successfully completed a renounceable rights issue, raising $2.3 million, which was strongly oversubscribed, indicating strong shareholder and investor confidence. In response to additional demand, the company will proceed with a follow-on placement to raise an additional $750,000, bringing the total raised to over $3 million. The funds will be used to accelerate exploration and drilling programs at the Malcolm Gold Project, advance mining studies, and strengthen the company’s financial position. This capital raising positions Mt Malcolm Mines to aggressively pursue its growth and exploration strategies, with the support of both existing and new investors.
Mt Malcolm Mines NL, an Australian mining company, held its Annual General Meeting on November 20, 2025, where all resolutions on the agenda were approved by a poll. Key resolutions included the adoption of the Remuneration Report, re-election of a director, approval of a 10% placement facility, potential share issue, and renewal of proportional takeover provisions. These approvals reflect strong shareholder support and strategic positioning for future growth.
Mt Malcolm Mines NL has announced the immediate suspension of its M2MOA class securities from quotation under Listing Rule 17.3.4, pending compliance with Listing Rule 2.5. This suspension is specific to the M2MOA class and does not affect other quoted securities of the company, potentially impacting stakeholders holding this specific class of securities.
Mt Malcolm Mines NL, a company listed on the Australian Securities Exchange (ASX) under the ticker M2M, is hosting a webinar for shareholders and investors. The webinar, led by Managing Director Trevor Dixon, aims to provide an update on the company’s activities, reflecting its commitment to transparency and stakeholder engagement.
Mt Malcolm Mines NL has announced the dispatch of its Prospectus and Entitlement and Acceptance Form for a renounceable pro-rata rights issue to eligible shareholders. The offer allows shareholders to purchase one new share for every two existing shares at a price of 1.5 cents per share, with a free-attaching option exercisable at 3 cents. This initiative aims to raise approximately $2.33 million before costs, potentially impacting the company’s financial position and offering growth opportunities for stakeholders.