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Magnetic Resources NL (AU:MAU)
ASX:MAU

Magnetic Resources NL (MAU) AI Stock Analysis

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AU

Magnetic Resources NL

(Sydney:MAU)

Rating:56Neutral
Price Target:
AU$2.00
▲(15.61%Upside)
Magnetic Resources NL's stock score is primarily driven by its strong technical indicators, suggesting potential bullish momentum. However, significant financial challenges and poor valuation metrics due to negative profitability temper the overall outlook.

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

Magnetic Resources NL Business Overview & Revenue Model

Company DescriptionMagnetic Resources NL explores mineral tenements in Western Australia. It primarily explores for gold, nickel, copper, platinum group element, and iron deposits. The company holds 100% interests in the Laverton region comprising Hawks Nest, Mt Jumbo, Hawks Nest East, Mt Ajax, Mt Jumbo East, Little Well, Kowtah, and Lady Julie projects covering an area of approximately 261 square kilometers; and the Benjabbering, Trayning, Goddard, and Korrelocking projects covering an area of approximately 322 square kilometers. It also holds interest in various projects and tenements located in Leonora–Laverton region, as well as focuses on the Kauring, Ragged Rock, and Mount Joy projects. Magnetic Resources NL was incorporated in 2006 and is based in West Perth, Australia.
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 is facing significant financial challenges. The company has shown revenue growth, yet profitability remains elusive with consistent losses. The balance sheet is stable with low leverage, supported by equity rather than debt. However, cash flow generation is a concern, with negative free cash flow and reliance on external financing. The overall financial health is under pressure, requiring strategic improvements to achieve profitability.
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.
Breakdown
TTMJun 2024Jun 2023Jun 2022Jun 2021Jun 2020
Income StatementTotal Revenue
0.00502.97K480.00240.00K501.60K2.86K
Gross Profit
-2.52K498.46K-27.23K240.00K501.60K2.86K
EBIT
-14.25M-11.47M-7.14M-7.67M-8.68M-4.73M
EBITDA
-14.06M-12.34M-7.11M-7.63M-8.64M-4.68M
Net Income Common Stockholders
-14.01M-12.34M-7.14M-7.66M-8.63M-4.63M
Balance SheetCash, Cash Equivalents and Short-Term Investments
11.61M9.22M4.10M2.03M6.99M4.06M
Total Assets
12.20M9.74M4.49M2.55M7.46M4.44M
Total Debt
0.00258.82K220.85K0.0014.71K14.71K
Net Debt
-11.61M-8.96M-3.88M-2.03M-6.98M-4.05M
Total Liabilities
553.96K885.76K786.79K372.18K332.81K333.74K
Stockholders Equity
11.64M8.85M3.70M2.18M7.12M4.11M
Cash FlowFree 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 Flow
20.61M15.99M7.95M2.63M9.27M3.37M

Magnetic Resources NL Technical Analysis

Technical Analysis Sentiment
Positive
Last Price1.73
Price Trends
50DMA
1.55
Positive
100DMA
1.43
Positive
200DMA
1.35
Positive
Market Momentum
MACD
0.07
Negative
RSI
59.78
Neutral
STOCH
44.30
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:MAU, the sentiment is Positive. The current price of 1.73 is above the 20-day moving average (MA) of 1.65, above the 50-day MA of 1.55, and above the 200-day MA of 1.35, indicating a bullish trend. The MACD of 0.07 indicates Negative momentum. The RSI at 59.78 is Neutral, neither overbought nor oversold. The STOCH value of 44.30 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:MAU.

Magnetic Resources NL Peers Comparison

Overall Rating
UnderperformOutperform
Sector (51)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
AUMAU
56
Neutral
AU$464.23M-179.51%-100.00%-27.86%
51
Neutral
$2.02B-1.14-21.36%3.64%2.88%-30.57%
TSCIA
C$2.10B14.3710.03%5.00%
$571.92M68.62
$210.65M65.86-35.86%
DE4ER
€120.28M14.758.27%
AURHI
63
Neutral
AU$211.62M1.33257.93%0.91%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:MAU
Magnetic Resources NL
1.73
0.65
60.19%
TSE:CIA
Champion Iron
3.94
-1.77
-31.00%
BIRNF
BCI Minerals Ltd
0.20
0.04
25.00%
MTGRF
Mount Gibson Iron Limited
0.21
-0.07
-25.00%
DE:4ER
Fenix Resources Limited
0.15
<0.01
7.14%
AU:RHI
Red Hill Iron Limited
3.23
-1.81
-35.91%

Magnetic Resources NL Corporate Events

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.

Magnetic Resources NL Issues New Shares Following Option Conversion
Apr 1, 2025

Magnetic Resources NL has issued 74,833 fully paid ordinary shares following the conversion of options exercisable at $0.68. The company has complied with the necessary legal provisions and confirms there is no undisclosed information that would affect investors’ assessments of its financial position or the rights attached to the shares. This move reflects the company’s ongoing commitment to transparency and regulatory compliance, potentially strengthening its market position and investor confidence.

Magnetic Resources NL Issues New Securities for ASX Quotation
Apr 1, 2025

Magnetic Resources NL has announced the issuance of 74,833 ordinary fully paid securities, which are set to be quoted on the ASX. This move is part of the company’s strategy to enhance its financial standing and potentially expand its operations, reflecting a positive step in its growth trajectory and offering potential benefits to its stakeholders.

Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

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.