Top Page
Mt Malcolm Mines NL
(Sydney:M2M)
Mt Malcolm Mines NL (M2M) vs. S&P 500 (SPY)
Mt Malcolm Mines NL Business Overview & Revenue Model
Mt Malcolm Mines NL Financial Statement Overview
| Breakdown | ||||
| TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 449.20K | 0.00 | 0.00 | 0.00 | 0.00 | Gross Profit |
| 289.85K | -93.89K | -90.78K | -38.89K | -8.49K | EBIT |
| -757.23K | -1.18M | -1.37M | -1.37M | -2.93M | EBITDA |
| -702.51K | -1.07M | -1.24M | -1.33M | -2.92M | Net Income Common Stockholders |
| -779.34K | -1.18M | -1.33M | -1.37M | -2.93M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 290.48K | 640.35K | 743.90K | 4.65M | 431.46K | Total Assets |
| 10.16M | 9.37M | 7.88M | 8.78M | 2.38M | Total Debt |
| 771.54K | 254.07K | 76.51K | 105.47K | 131.12K | Net Debt |
| 481.07K | -386.28K | -657.40K | -4.55M | -300.34K | Total Liabilities |
| 1.39M | 1.23M | 463.41K | 595.32K | 718.21K | Stockholders Equity |
| 8.77M | 8.14M | 7.42M | 8.18M | 1.67M |
| Cash Flow | Free Cash Flow | |||
| -1.38M | -2.53M | -4.39M | -3.32M | -690.11K | Operating Cash Flow |
| -348.68K | -881.47K | -877.34K | -1.22M | -225.26K | Investing Cash Flow |
| -2.06M | -1.64M | -3.52M | -2.10M | -292.05K | Financing Cash Flow |
| 2.33M | 2.43M | 480.08K | 7.54M | 948.78K |
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 |
|---|---|---|---|---|---|---|---|
78 Outperform | $28.52B | 23.29 | 11.01% | 2.58% | 25.11% | 28.88% | |
76 Outperform | AU$4.93B | 38.38 | 13.01% | ― | 125.45% | ― | |
75 Outperform | $16.97B | 23.37 | 16.97% | 1.42% | 60.56% | 302.20% | |
74 Outperform | $3.51B | ― | -0.38% | ― | 29.83% | 93.23% | |
57 Neutral | $5.92B | ― | -0.68% | ― | -56.04% | 66.07% | |
49 Neutral | $1.96B | -1.15 | -21.28% | 3.71% | 1.17% | -30.86% | |
34 Underperform | AU$6.94M | ― | -9.77% | ― | ― | 67.72% |
Mt Malcolm Mines NL Corporate Events
Mt Malcolm Mines NL reported significant progress in the quarter ending March 31, 2025, with the successful completion of bulk sampling excavation at the Golden Crown Prospect, yielding exceptional gold recoveries. The company sold 223.3 ounces of gold doré, generating $931,189 in revenue, and identified an exploration target supported by high-grade surface samples. The results bolster the prospect’s status as a near-term production opportunity, with economic grades in gravity tailings suggesting potential for heap leach processing. These developments enhance resource confidence and validate the company’s gravity recovery performance, positioning Mt Malcolm Mines NL favorably within the industry.
Mt Malcolm Mines NL, a company listed on the Australian Securities Exchange, has issued 30,434,790 fully paid ordinary shares as part of a placement announced earlier in April 2025. This issuance was conducted without disclosure to investors under specific provisions of the Corporations Act 2001, and the company has confirmed compliance with relevant legal requirements. This move could potentially enhance the company’s capital base, impacting its operational capabilities and market positioning.
Mt Malcolm Mines NL has announced the application for quotation of 30,434,790 ordinary fully paid securities on the ASX, effective April 24, 2025. This move is part of previously announced transactions and reflects the company’s ongoing efforts to enhance its market presence and operational capacity, potentially impacting its financial standing and stakeholder interests positively.
Mt Malcolm Mines NL is initiating a non-renounceable entitlement offer to its shareholders, allowing them to purchase new ordinary shares at a price of $0.023 per share, aiming to raise up to $1,041,788. This move is structured to comply with the Corporations Act and is expected to maintain the current shareholder control unless there is a shortfall, which could lead to dilution for those not participating fully. The offer is not underwritten, and any remaining shares will be available through a Shortfall Offer.
Mt Malcolm Mines NL has announced a non-renounceable rights issue to raise approximately $1,041,788 by offering new shares to eligible shareholders at a price of $0.023 per share. This initiative is part of the company’s strategy to strengthen its financial position and support its ongoing operations, although it is noted that the investment is speculative and does not guarantee future performance.
Mt Malcolm Mines NL has announced a proposed issue of 3,000,000 unlisted options exercisable at $0.12, set to expire five years from the date of issue. This move is part of a strategic placement to potentially enhance the company’s financial flexibility and support its operational goals, indicating a proactive approach to securing capital for future endeavors.
Mt Malcolm Mines NL has announced a proposed issue of securities, involving the issuance of 6,000,000 unlisted options with varying exercise prices and expiration dates. This move is part of the company’s strategy to strengthen its financial position and potentially enhance shareholder value, reflecting its commitment to growth and development in the mining sector.
Mt Malcolm Mines NL has announced a proposed issue of 45,295,124 ordinary fully paid securities as part of a non-renounceable pro rata offering. This move is likely aimed at raising capital to support the company’s ongoing operations and growth initiatives, potentially impacting its market position and providing opportunities for current stakeholders to increase their investment.
Mt Malcolm Mines NL has announced a proposed issue of 30,434,783 ordinary fully paid securities, with the issue date set for April 24, 2025. This move is part of the company’s strategy to raise capital, which could potentially impact its operational capabilities and market positioning, offering new opportunities for stakeholders.
Mt Malcolm Mines NL has announced a two-part capital raising initiative to support its exploration and development strategies. The company has secured $700,000 through a Placement to sophisticated investors and plans a non-renounceable pro-rata Entitlement Offer to raise up to $1.04 million, totaling approximately $1.74 million. The funds will be used for drilling programs, resource modeling, mine design, and working capital. This capital raising is expected to accelerate work at the Malcolm Project, with a focus on the high-grade Golden Crown prospect, potentially enhancing the company’s operational capabilities and stakeholder value.
Mt Malcolm Mines NL has requested a trading halt on its securities pending an announcement regarding a proposed capital raise. The halt will remain in place until the announcement is made or until normal trading resumes on 15 April 2025. This move indicates a potential strategic financial maneuver aimed at strengthening the company’s capital structure, which could have significant implications for its operations and stakeholders.
Mt Malcolm Mines NL has updated its assessment of stockpiles at the Golden Crown Prospect, reclassifying them as an Exploration Target under JORC 2012 guidelines. The estimated target contains 2,200 to 2,500 WMT tonnes with gold grades ranging from 2.6 g/t to 3.0 g/t. The stockpile presents a near-term opportunity for cash flow, with high-grade samples reaching up to 42.74 g/t Au. This reinforces confidence in the potential for commercial-scale production and the expansion of known mineralized zones.
Mt Malcolm Mines NL has reported significant gold recoveries from its Golden Crown bulk sampling program, with 337 ounces of gold doré recovered to date and sales generating A$1.34 million. The high-grade nature of the mineralization is confirmed through gravity processing results, indicating the potential for near-term production. The company is planning further drilling to expand its high-grade mineralization potential, positioning Golden Crown for long-term value creation.
Mt Malcolm Mines NL announced at the RIU Explorers Conference in Fremantle that it has achieved production within 3.5 years of its ASX listing. This milestone reflects the company’s rapid progress in the mining industry and its potential to enhance its market position. The announcement underscores the company’s commitment to growth and exploration, and it may have positive implications for stakeholders by demonstrating operational efficiency and the potential for future development.
Mt Malcolm Mines NL announced the successful completion of bulk sampling excavation at the Golden Crown Prospect, highlighting significant gold recovery through wet gravity processing. This milestone, achieved without any loss time injuries, underscores the prospect’s economic potential. The ongoing processing of stockpiles has already yielded 218 ounces of gold doré, generating substantial revenue and reinforcing confidence in the project’s viability. The company plans to advance resource estimations, assess monetisation strategies for stockpiled material, and optimise future mining operations.