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Magnetic Resources NL (AU:MAU)
:MAU

Magnetic Resources NL (MAU) AI Stock Analysis

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AU

Magnetic Resources NL

(Sydney:MAU)

Rating:41Neutral
Price Target:
AU$1.50
▲(0.67%Upside)
The overall stock score is primarily driven by the company's financial challenges, with consistent losses and cash flow issues being significant concerns. Technical analysis suggests weak market momentum, and valuation metrics highlight further potential challenges.

Magnetic Resources NL (MAU) vs. iShares MSCI Australia ETF (EWA)

Magnetic Resources NL Business Overview & Revenue Model

Company DescriptionMagnetic Resources NL (MAU) is an Australian-based mineral exploration company primarily focused on the discovery and development of gold and iron ore deposits in Western Australia. The company operates in the mining and resources sector, leveraging its strategic land holdings and exploration expertise to identify high-potential mineral projects. Magnetic Resources aims to advance its projects from exploration through to production, contributing to the supply of key minerals needed in various industries.
How the Company Makes MoneyMagnetic Resources NL generates revenue primarily through the exploration and development of mineral resources, focusing on gold and iron ore projects. The company makes money by discovering and delineating mineral deposits, which can be developed into economically viable mining operations. Once a project is sufficiently advanced, Magnetic Resources may choose to sell or lease the mineral rights, enter into joint ventures with other mining companies, or develop the project into a producing mine. Additionally, the company may raise funds through equity financing to support its exploration and development activities. Significant partnerships with other mining companies or investors can also contribute to its earnings by providing the necessary capital and expertise to advance its projects.

Magnetic Resources NL Financial Statement Overview

Summary
Magnetic Resources NL faces significant financial challenges despite revenue growth. Profitability is elusive with consistent losses. The balance sheet is stable, supported by equity with low leverage, but cash flow generation remains a concern due to negative free cash flow and reliance on external financing.
Income Statement
30
Negative
Magnetic Resources NL has shown a consistent increase in total revenue over the years, with a notable jump in 2024. However, the company is struggling with profitability as evidenced by negative EBIT and net income across all periods. The gross profit margin for 2024 is positive due to the revenue increase, but the net profit margin remains highly negative, indicating significant operational challenges. The EBIT and EBITDA margins are also deeply negative, reflecting ongoing financial difficulties.
Balance Sheet
45
Neutral
The balance sheet shows a relatively stable equity base with a debt-to-equity ratio remaining low, indicating low leverage. The equity ratio is healthy, suggesting that the company is primarily financed by equity. However, the net income has been negative, impacting the return on equity negatively. The company maintains a strong cash position, which is a positive sign for liquidity.
Cash Flow
40
Negative
Cash flow statements reveal consistent negative free cash flow, indicating challenges in generating cash from operations. The operating cash flow to net income ratio is negative due to persistent net losses. Despite this, the company has managed to raise substantial financing, which has helped maintain liquidity. However, the negative free cash flow to net income ratio highlights difficulties in converting earnings into cash.
BreakdownTTMJun 2024Jun 2023Jun 2022Jun 2021Jun 2020
Income Statement
Total Revenue0.00502.97K480.00240.00K501.60K2.86K
Gross Profit-2.52K498.46K-27.23K240.00K501.60K2.86K
EBITDA-14.06M-12.34M-7.11M-7.63M-8.64M-4.68M
Net Income-14.01M-12.34M-7.14M-7.66M-8.63M-4.63M
Balance Sheet
Total Assets12.20M9.74M4.49M2.55M7.46M4.44M
Cash, Cash Equivalents and Short-Term Investments11.61M9.22M4.10M2.03M6.99M4.06M
Total Debt0.00258.82K220.85K0.0014.71K14.71K
Total Liabilities553.96K885.76K786.79K372.18K332.81K333.74K
Stockholders Equity11.64M8.85M3.70M2.18M7.12M4.11M
Cash Flow
Free Cash Flow-13.87M-11.37M-5.88M-7.59M-6.84M-4.07M
Operating Cash Flow-4.34M-2.04M-1.33M-1.13M-1.22M-952.88K
Investing Cash Flow-9.03M-8.83M-4.55M-6.47M-5.12M-3.11M
Financing Cash Flow20.61M15.99M7.95M2.63M9.27M3.37M

Magnetic Resources NL Technical Analysis

Technical Analysis Sentiment
Negative
Last Price1.49
Price Trends
50DMA
1.59
Negative
100DMA
1.50
Positive
200DMA
1.36
Positive
Market Momentum
MACD
-0.04
Positive
RSI
38.63
Neutral
STOCH
37.16
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:MAU, the sentiment is Negative. The current price of 1.49 is below the 20-day moving average (MA) of 1.59, below the 50-day MA of 1.59, and above the 200-day MA of 1.36, indicating a neutral trend. The MACD of -0.04 indicates Positive momentum. The RSI at 38.63 is Neutral, neither overbought nor oversold. The STOCH value of 37.16 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:MAU.

Magnetic Resources NL Peers Comparison

Overall Rating
UnderperformOutperform
Sector (43)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
AUJMS
67
Neutral
$402.01M9.458.40%7.32%
AUMMI
53
Neutral
AU$432.97M-87.03%30.32%-22.58%
AUARU
46
Neutral
$455.90M-33.33%65.19%
43
Neutral
AU$1.42B-6.13-40.62%4.05%-4.78%-42.91%
AUSVM
42
Neutral
AU$443.15M-77.74%-654.93%
AUMAU
41
Neutral
AU$402.51M-179.51%-100.00%-27.86%
AUCAY
26
Underperform
AU$460.77M-33.55%-175.00%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:MAU
Magnetic Resources NL
1.49
0.26
21.14%
AU:JMS
Jupiter Mines Limited
0.21
-0.04
-15.98%
AU:ARU
Arafura Resources
0.20
0.00
0.00%
AU:SVM
Sovereign Metals Limited
0.69
0.04
6.15%
AU:MMI
Metro Mining Limited
0.07
0.02
40.00%
AU:CAY
Canyon Resources Limited
0.27
0.20
285.71%

Magnetic Resources NL Corporate Events

Magnetic Resources NL Boosts Gold Resources at Lady Julie Project
Jun 22, 2025

Magnetic Resources NL announced an increase in gold resources at its Lady Julie Gold Project, indicating a positive update for the project’s development. The company has demonstrated that the project’s financial viability is not heavily reliant on Inferred Mineral Resources, with plans for further drilling to convert these to Indicated Mineral Resources, thereby strengthening its market position and potential stakeholder confidence.

The most recent analyst rating on (AU:MAU) stock is a Buy with a A$2.53 price target. To see the full list of analyst forecasts on Magnetic Resources NL stock, see the AU:MAU Stock Forecast page.

Magnetic Resources NL Appoints New Director
Jun 2, 2025

Magnetic Resources NL has announced the appointment of Aaron Sim Kwang Liang as a director, effective June 3, 2025. The announcement includes details of his initial interest in the company, which consists of holding 4,087,716 fully paid ordinary shares. This appointment is part of the company’s ongoing efforts to strengthen its leadership team, potentially impacting its strategic direction and stakeholder engagement.

The most recent analyst rating on (AU:MAU) stock is a Buy with a A$2.53 price target. To see the full list of analyst forecasts on Magnetic Resources NL stock, see the AU:MAU Stock Forecast page.

Magnetic Resources NL Appoints New Alternate Director
Jun 2, 2025

Magnetic Resources NL has appointed Mr. Aaron Sim Kwang Liang as an alternate director to Mr. Hian Siang Chan. Mr. Sim, with over 25 years of experience in financial advisory, is expected to bring valuable expertise in corporate and wealth management solutions to the company, potentially enhancing its strategic positioning in the industry.

The most recent analyst rating on (AU:MAU) stock is a Buy with a A$2.53 price target. To see the full list of analyst forecasts on Magnetic Resources NL stock, see the AU:MAU Stock Forecast page.

Magnetic Resources Retracts Production Targets Amid Ongoing Feasibility Study
May 30, 2025

Magnetic Resources NL has retracted a previous statement regarding a potential production target of over 150,000 ounces per year for up to 10 years, as it currently lacks a basis for such an underground mining scenario. The company is continuing to advance its feasibility study, which will provide more concrete data for future planning, impacting its operational strategies and investor expectations.

The most recent analyst rating on (AU:MAU) stock is a Buy with a A$2.53 price target. To see the full list of analyst forecasts on Magnetic Resources NL stock, see the AU:MAU Stock Forecast page.

Magnetic Resources Director Increases Shareholding
May 13, 2025

Magnetic Resources NL announced a change in the director’s interest, with Mr. Hian Siang Chan exercising unlisted options to acquire additional ordinary shares. This change reflects an increase in Mr. Chan’s shareholding, indicating confidence in the company’s future prospects and potentially impacting stakeholder perceptions positively.

The most recent analyst rating on (AU:MAU) stock is a Buy with a A$2.53 price target. To see the full list of analyst forecasts on Magnetic Resources NL stock, see the AU:MAU Stock Forecast page.

Magnetic Resources NL Issues New Shares Following Option Conversion
May 13, 2025

Magnetic Resources NL has issued 1,506,296 fully paid ordinary shares following the conversion of options at $0.68 each. The company confirms compliance with relevant sections of the Corporations Act and states there is no excluded information that needs disclosure, ensuring transparency and adherence to regulatory standards.

The most recent analyst rating on (AU:MAU) stock is a Buy with a A$2.53 price target. To see the full list of analyst forecasts on Magnetic Resources NL stock, see the AU:MAU Stock Forecast page.

Magnetic Resources NL Announces Cessation of Securities
May 13, 2025

Magnetic Resources NL announced the cessation of 45,186 securities, specifically options that expired on May 10, 2025, without being exercised or converted. This development may impact the company’s capital structure and could have implications for stakeholders regarding the company’s future financial strategies and market positioning.

The most recent analyst rating on (AU:MAU) stock is a Buy with a A$2.53 price target. To see the full list of analyst forecasts on Magnetic Resources NL stock, see the AU:MAU Stock Forecast page.

Magnetic Resources NL Announces Quotation of New Securities
May 13, 2025

Magnetic Resources NL has announced the application for quotation of 1,506,296 ordinary fully paid securities on the Australian Securities Exchange, effective from May 13, 2025. This move is part of the company’s strategic efforts to enhance its market presence and provide additional liquidity for its stakeholders, potentially impacting its operational capabilities and industry positioning positively.

The most recent analyst rating on (AU:MAU) stock is a Buy with a A$2.53 price target. To see the full list of analyst forecasts on Magnetic Resources NL stock, see the AU:MAU Stock Forecast page.

Magnetic Resources NL Reports Significant Expansion at LJN4 Deposit
Apr 21, 2025

Magnetic Resources NL has reported significant progress in its LJN4 deposit, with an increase in resource size and potential for further expansion at depth. Recent drilling results have highlighted new high-grade zones, prompting a feasibility study to explore both open cut and underground mining operations. The company is in discussions with potential mining partners and financiers, indicating promising economic prospects for its Lady Julie Gold Project.

Magnetic Resources NL Reports Quarterly Cash Flow
Apr 21, 2025

Magnetic Resources NL has reported its quarterly cash flow, highlighting a net cash outflow from operating activities amounting to $2.448 million for the current quarter and $9.769 million for the year to date. The company also reported a net cash inflow from financing activities of $64,000 for the quarter, contributing to a year-to-date total of $9.98 million. These financial movements indicate the company’s ongoing investment in exploration and evaluation, supported by financing efforts to sustain its operations and growth ambitions.

Magnetic Resources Achieves Breakthrough in Gold Recovery with Optimized Flotation
Apr 8, 2025

Magnetic Resources NL has reported strong metallurgical results from its LJN4 deposit, showcasing a significant improvement in gold recovery rates. The optimized flotation circuit achieved a 97.5% recovery rate, a notable increase from the conventional gravity/leach method. This advancement is particularly promising given the potential resource expansion in the central and northern high-grade core zones. Additionally, the company has successfully extended its two-stage flotation and fine grinding process to other non-oxide composites, resulting in reduced capital and operational expenditures due to smaller equipment requirements.

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.Date of analysis: Jul 02, 2025