Mandrake Resources Ltd (MAN) AI Stock Analysis

• Market Cap: AU$11.92M
• Dividend Yield: N/A
• Average Volume (3M): 474.28K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.48
• Revenue Growth: N/A
• EPS Growth: -125.00%
• Country: AU
• Employees: 13
• Sector: Basic Materials
• Sector Strength: 67
• Industry: Gold
• EPS (TTM): >-0.01
• Shares Outstanding: 627,259,950
• 10 Day Avg. Volume: 497,366
• 30 Day Avg. Volume: 474,281
• PEG Ratio: 0.14
• Price to Book (P/B): 0.48
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -6.64
• 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: N/A
• Number of Analyst Covering: 0

• Rating: 48 Neutral
• Price Target: ―

Mandrake Resources Ltd has shown revenue growth and a strong equity position, which are positive indicators. However, significant challenges remain in terms of profitability and cash flow generation. The technical analysis suggests a bearish trend, and the valuation metrics highlight concerns due to negative earnings and lack of dividends. Overall, the stock requires careful monitoring, especially regarding its ability to improve operational efficiency and enhance profitability.

Mandrake Resources Ltd Business Overview & Revenue Model

Company Description

Mandrake Resources Ltd (MAN) is an exploration and mining company focused on the discovery and development of mineral resources. The company operates primarily in the sectors of gold, nickel, and copper exploration. Its core activities involve identifying prospective mineral deposits, conducting extensive geological surveys, and advancing these projects towards potential development and production.

How the Company Makes Money

Mandrake Resources Ltd makes money through the exploration and potential development of mineral resources. The company's revenue model is based on locating significant mineral deposits and advancing these projects to stages where they can attract investment or partnerships from larger mining companies or investors. Revenue streams include the sale or joint venture of successful exploration projects, as well as potential future income from any mining operations that may be established. Strategic partnerships with other mining companies or stakeholders can also play a significant role in funding and advancing Mandrake's projects, contributing to its earnings.

Mandrake Resources Ltd Financial Statement Overview

Summary

Mandrake Resources Ltd is showing revenue growth and maintains a strong equity base with no debt. However, the company faces challenges in achieving profitability and generating positive cash flow. Continued focus on improving operational efficiency and cash flow generation will be essential for future stability and growth.

Income Statement

Mandrake Resources Ltd has shown a notable improvement in revenue growth, increasing from AUD 23,679 in 2022 to AUD 736,583 in 2024. Despite this growth, the company is struggling with profitability, as evidenced by negative EBIT and net profit margins. The gross profit margin remains positive, but net income remains negative, indicating ongoing operational challenges.

Balance Sheet

The company's balance sheet displays a strong equity position with no debt, resulting in a favorable debt-to-equity ratio. The equity ratio is robust, indicating a solid financial foundation. However, the company has yet to translate this stability into profitability, as net income remains negative.

Cash Flow

Mandrake Resources Ltd's cash flow statement reveals a challenging environment with negative free cash flow in recent years. However, there is a positive operating cash flow in the most recent period, suggesting potential for improvement. The company needs to enhance cash generation to support its operations sustainably.

Breakdown
TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement		Total Revenue
736.58K	736.58K	402.02K	23.68K	0.00	0.00
	Gross Profit
736.58K	736.58K	402.02K	23.68K	0.00	0.00
	EBIT
-524.79K	-197.83K	-694.05K	-583.44K	-3.13M	-675.40K
	EBITDA
250.11K	-179.24K	-292.03K	-414.74K	0.00	0.00
	Net Income Common Stockholders
-542.18K	-197.83K	-310.62K	-559.76K	-3.11M	-788.93K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
13.49M	14.92M	16.81M	16.26M	16.06M	3.31M
	Total Assets
23.90M	23.88M	23.64M	19.87M	19.25M	3.97M
	Total Debt
0.00	0.00	0.00	0.00	0.00	0.00
	Net Debt
-13.49M	-14.92M	-16.81M	-16.26M	-16.06M	-3.31M
	Total Liabilities
89.52K	166.80K	138.66K	185.26K	367.59K	115.28K
	Stockholders Equity
23.81M	23.72M	23.50M	19.68M	18.88M	3.85M
Cash Flow		Free Cash Flow
-1.80M	-1.88M	-3.35M	-1.16M	-1.54M	-1.03M
	Operating Cash Flow
59.93K	240.81K	-105.31K	-418.35K	-341.16K	-687.78K
	Investing Cash Flow
-1.86M	-2.12M	-3.24M	-738.70K	-1.20M	-343.38K
	Financing Cash Flow
-3.62K	-5.06K	3.89M	1.36M	14.30M	4.25M

Mandrake Resources Ltd Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.02
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Negative
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:MAN, the sentiment is Positive. The current price of 0.02 is above the 20-day moving average (MA) of 0.02, above the 50-day MA of 0.02, and below the 200-day MA of 0.02, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 72.52 is Negative, neither overbought nor oversold. The STOCH value of 72.22 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:MAN.

Mandrake Resources Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
HMX	60 Neutral	$31.07M	6.36	15.74%	―	―	―
Sector *	51 Neutral	$2.03B	-1.13	-21.36%	3.65%	2.87%	-30.54%
MAN	48 Neutral	AU$11.92M	―	-2.30%	―	―	-125.00%
MEU	35 Underperform	AU$49.49M	―	-2.31%	―	―	-33.33%

Mandrake Resources Ltd Corporate Events

Mandrake Resources Advances Utah Lithium Project Amid Market Challenges

Mandrake Resources Limited has lodged a Notice of Intent for a new well at its Utah Lithium Project, with a permit pending upon payment of a US$165,000 bond. The project is positioned as a top-tier US-domiciled lithium brine asset, and the company is prioritizing permitting processes while putting capital-intensive operations on hold due to market conditions. Mandrake is also reviewing precious and base metals opportunities to enhance shareholder value, maintaining a strong cash position of $13.3 million with no debt.

Mandrake Resources Advances Utah Lithium Project Amid Market Challenges

Mandrake Resources Limited has announced the lodging of a Notice of Intent for a new well at its Utah Lithium Project, with permitting underway for additional drill sites. The company is prioritizing permitting and data optimization to ensure swift resumption of operations once market conditions improve, despite current field operations being on hold due to weak lithium market conditions. Mandrake is well-positioned financially, with $13.5 million in cash, and is exploring new project acquisitions in precious and base metals.