Kogi Iron Ltd. (AU:M4M)
ASX:M4M
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Kogi Iron Ltd.
(Sydney:M4M)
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Rating:41Neutral
Price Target:
AU$0.01
â–²(0.00% Upside)
Action:UpgradedDate:12/30/25
The score is driven primarily by extremely weak fundamentals—negligible revenue, large ongoing losses, and worsening cash burn—partly offset by low balance-sheet leverage. Valuation provides little support due to negative earnings and no dividend data, while technical conviction is limited by missing indicators and elevated beta (volatility risk).
Positive Factors
Low Balance-Sheet Leverage
Low leverage reduces financial risk, providing flexibility to manage ongoing losses and potential funding needs without excessive debt burden.
Negative Factors
Negligible Revenue
Negligible revenue indicates limited commercial operations, challenging the company's ability to generate sustainable cash flow and profitability.
Read all positive and negative factors
Positive Factors
Negative Factors
Low Balance-Sheet Leverage
Low leverage reduces financial risk, providing flexibility to manage ongoing losses and potential funding needs without excessive debt burden.
Read all positive factors
Kogi Iron Ltd. (M4M) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$27.45M
Dividend YieldN/A
Average Volume (3M)4.98M
Price to Earnings (P/E)―
Beta (1Y)1.90
Revenue GrowthN/A
EPS Growth66.67%
CountryAU
Employees6
SectorBasic Materials
Sector Strength58
IndustrySteel
Share Statistics
EPS (TTM)0.00
Shares Outstanding4,575,631,000
10 Day Avg. Volume5,556,253
30 Day Avg. Volume4,980,801
Financial Highlights & Ratios
PEG Ratio0.06
Price to Book (P/B)4.37
Price to Sales (P/S)701.29
P/FCF Ratio-4.44
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Kogi Iron Ltd. Business Overview & Revenue Model
Company Description
Macro Metals Limited, through its subsidiaries, engages in the exploration and evaluation of iron ore and other mineral properties in Australia and Nigeria. The company holds a 100% interest in the Agbaja iron ore and steel project located in Kogi...
How the Company Makes Money
Kogi Iron Ltd. makes money by exploring and developing iron ore resources through its Agbaja project, which is intended to produce a high-quality iron ore concentrate. The company plans to generate revenue by extracting iron ore from its mineral d...
Kogi Iron Ltd. Financial Statement Overview
Summary
Income Statement
8
Very Negative
Balance Sheet
46
Neutral
Cash Flow
12
Very Negative
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 252.75K | 39.30K | 0.00 | 0.00 | 0.00 | 10.00K |
| Gross Profit | -1.48M | 39.30K | -13.66K | -30.26K | -30.77K | 10.00K |
| EBITDA | -4.45M | -6.82M | -13.94M | -2.42M | -2.63M | -2.74M |
| Net Income | -9.12M | -6.89M | -13.95M | -2.46M | -3.15M | -2.74M |
Balance Sheet | ||||||
| Total Assets | 9.35M | 7.62M | 9.41M | 5.99M | 6.89M | 3.05M |
| Cash, Cash Equivalents and Short-Term Investments | 1.96M | 1.29M | 3.82M | 467.34K | 1.52M | 2.96M |
| Total Debt | 205.50K | 224.35K | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 903.67K | 1.32M | 760.21K | 596.70K | 1.11M | 2.17M |
| Stockholders Equity | 8.44M | 6.30M | 8.65M | 5.40M | 5.78M | 884.58K |
Cash Flow | ||||||
| Free Cash Flow | -4.63M | -6.20M | -2.12M | -1.90M | -2.47M | -1.49M |
| Operating Cash Flow | -4.55M | -6.08M | -2.06M | -1.82M | -2.41M | -1.42M |
| Investing Cash Flow | -85.48K | -123.01K | -66.18K | -84.61K | -40.03K | -70.68K |
| Financing Cash Flow | 5.18M | 3.67M | 5.48M | 850.17K | 1.02M | 3.88M |
Kogi Iron Ltd. Technical Analysis
Negative
0.01
Price Trends
0.01
Negative
Market Momentum
>-0.01
Negative
32.50
Neutral
33.33
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:M4M, 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 equal to the 200-day MA of ―, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 32.50 is Neutral, neither overbought nor oversold. The STOCH value of 33.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:M4M.
Kogi Iron Ltd. Peers Comparison
UnderperformOutperform
Sector (61)
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$15.81M | -0.05 | -111.00% | ― | ― | ― | |
46 Neutral | AU$43.94M | -18.98 | -1.31% | ― | ― | ― | |
41 Neutral | AU$27.45M | -4.50 | -123.74% | ― | ― | 66.67% | |
| ― | AU$24.32M | -1.49 | -77.53% | ― | ― | -141.04% |
* Basic Materials Sector Average
AU:M4M
Kogi Iron Ltd.
0.01
0.00
0.00%
AU:IRD
Iron Road Ltd
0.02
-0.03
-62.00%
AU:GWR
GWR Group Limited
0.14
0.05
62.65%
AU:EQX
Equatorial Resources Limited
0.19
0.08
76.19%
Kogi Iron Ltd. Corporate Events
Macro Metals Director Simon Rushton Boosts Indirect Stake With Major Share and Rights Issue
Dec 18, 2025
Macro Metals Limited has disclosed a substantial change in the indirect interests of director Simon Rushton following shareholder approvals at the company’s 27 November 2025 annual general meeting. Through Venture Capital Holdings (WA) Pty L...
Macro Metals Director Tolga Kumova Increases Indirect Shareholding via Fee Shares and Placement
Dec 18, 2025
Macro Metals Limited has disclosed changes to the indirect interests of director Tolga Kumova, reflecting an increase in his holdings through associated entities Kitara Investments Pty Ltd and Gondwana Investment Group Pty Ltd. Kumova received 6,9...
Macro Metals Director Increases Indirect Shareholding Through Fee-for-Equity Issuance
Dec 18, 2025
Macro Metals Limited has reported a change in the relevant interests of director Robert Andrew Jewson, who holds securities both directly and indirectly through Geonomics Australia Pty Ltd and Morpheus Holdings Pty Ltd. Jewson’s indirect int...
Macro Metals Director Increases Indirect Shareholding Through Incentive Issue
Dec 18, 2025
Macro Metals Limited has disclosed a change in the indirect interests of director Nathan Ross Douglas, held via Sunday76 Pty Ltd, in accordance with ASX requirements. The company issued 6,250,000 fully paid ordinary shares to Douglas’s assoc...
Macro Metals Issues New Shares and Flags Growing Mining Services Pipeline
Dec 18, 2025
Macro Metals Limited has issued 248,738,401 new ordinary shares, including placement shares, director fee shares, director incentive securities and consideration shares for the Rusty acquisition, all previously approved by shareholders at the comp...
Macro Metals Secures 27.3% Stake in Pilbara Extension Iron Ore Project
Dec 18, 2025
Macro Metals Limited has completed the acquisition of a 27.3% equity interest in Project Rusty Pty Ltd, the owner of the Extension Iron Ore Project in the Pilbara, in exchange for 175 million new shares, giving the company a direct development-sta...
Macro Metals Seeks ASX Quotation for 6.25 Million New Shares
Dec 18, 2025
Macro Metals Limited has applied to the ASX for quotation of 6,250,000 new ordinary fully paid shares under its existing issuer code M4M. The securities, which were issued on 18 December 2025 and stem from previously announced transactions, will e...
Macro Metals Seeks ASX Quotation for Nearly 200 Million New Shares
Dec 18, 2025
Macro Metals Limited has applied to the ASX for quotation of 198,056,973 new fully paid ordinary shares under its issuer code M4M. The securities, issued on 18 December 2025 following a previously announced transaction, will expand the companyR...
Macro Metals Issues 240 Million Unquoted Performance Rights
Dec 18, 2025
Macro Metals Limited has notified the market of the issue of 240 million unquoted performance rights, dated 18 December 2025, under a new unlisted class of securities. The move significantly increases the pool of performance-based equity instrumen...
Macro Metals Seeks ASX Quotation for 44.4 Million New Shares
Dec 18, 2025
Macro Metals Limited has applied to the ASX for quotation of 44,431,428 new fully paid ordinary shares under its issuer code M4M. The securities, issued on 18 December 2025 as part of previously announced transactions, mark a substantial increase ...
Macro Metals Limited’s AGM Results and Strategic Resolutions
Nov 27, 2025
Macro Metals Limited held its Annual General Meeting, where all resolutions, except one withdrawn due to a director’s resignation, were passed. Notably, the approval of a 10% Placement Facility and the reinsertion of Proportional Takeover Bi...
Kogi Iron Ltd. Outlines Strategic Focus at AGM
Nov 27, 2025
Kogi Iron Ltd. has outlined its strategic focus and operational achievements during its Annual General Meeting. The company highlighted its efforts in enhancing safety and culture, expanding its mining services, and strengthening its execution cap...
Macro Metals Releases Q1/FY26 Quarterly Report
Oct 28, 2025
Macro Metals Limited has released its Q1/FY26 Quarterly Report and Appendix 5B cash flow report, highlighting its ongoing efforts in mineral exploration and mining services. The company’s focus on expanding its iron ore and manganese assets,...
Macro Metals Limited Announces Significant Securities Issue
Oct 28, 2025
Macro Metals Limited, under the ASX issuer code M4M, has announced a proposed issue of securities, including 240,000,000 performance rights and 198,056,973 ordinary fully paid shares. The proposed issue date is set for December 18, 2025. This stra...
Macro Metals Announces AGM and Leadership Changes
Oct 28, 2025
Macro Metals Limited has announced its upcoming Annual General Meeting scheduled for 27 November 2025, following the resignation of Mr. Tilley, which led to the withdrawal of a director election resolution. This development highlights the company&...
Director Change at Macro Metals Limited
Oct 24, 2025
Kogi Iron Ltd. has announced that Shawn Tilley has ceased to be a director of Macro Metals Limited as of October 24, 2025. Tilley held 50,000,000 unlisted options and 402,567,436 fully paid ordinary shares through a trust. This change in directors...
Macro Metals Announces Board Resignation Amidst Strategic Growth
Oct 24, 2025
Macro Metals Limited announced the resignation of Shawn Tilley from its board due to his commitments as Managing Director of Paramount Earthmoving. Despite his departure, Tilley expressed continued support for Macro Metals, indicating ongoing coll...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.