Breakdown | ||||
Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
---|---|---|---|---|
Income Statement | Total Revenue | |||
0.00 | 2.87K | 1.92K | 0.00 | 0.00 | Gross Profit |
-29.91K | -30.53K | -29.07K | -27.82K | -5.02K | EBIT |
-519.37K | -516.70K | -438.71K | -363.83K | -265.90K | EBITDA |
-371.12K | -322.29K | -391.26K | -270.47K | -2.27M | Net Income Common Stockholders |
-401.03K | -355.70K | -422.25K | -298.29K | -2.27M |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
3.60M | 4.05M | 2.16M | 4.13M | 2.45M | Total Assets |
20.49M | 19.57M | 16.00M | 15.46M | 9.39M | Total Debt |
78.81K | 57.28K | 88.66K | 68.60K | 107.63K | Net Debt |
-3.29M | -3.95M | -2.03M | -4.02M | -2.30M | Total Liabilities |
820.60K | 749.79K | 901.64K | 488.41K | 283.73K | Stockholders Equity |
19.67M | 18.82M | 15.10M | 14.97M | 9.11M |
Cash Flow | Free Cash Flow | |||
-1.83M | -2.12M | -1.99M | -1.93M | -1.43M | Operating Cash Flow |
-287.49K | -396.87K | -504.69K | -240.13K | -415.33K | Investing Cash Flow |
-1.56M | -1.74M | -1.49M | -4.19M | -1.05M | Financing Cash Flow |
1.21M | 4.03M | 21.79K | 6.11M | 2.50M |
Marmota Limited reported significant progress in its gold and titanium projects during the March 2025 quarter. At the Aurora Tank gold site, Bulk Leach Extractable Gold (BLEG) testing revealed a 73% increase in gold grade, enhancing the site’s potential for low-cost heap leach processing. Additionally, the Campfire Bore drilling program yielded high-grade gold intersections, indicating promising exploration results. In the titanium sector, the Muckanippie discovery showed high-value heavy mineral sands, with the potential for extending the strike over 9 km, positioning Marmota as a key player in the high-value titanium market.
Marmota Limited has announced exceptional results from metallurgical testing at its Aurora Tank project, achieving gold recoveries of up to 93% using a low-cost heap leach process. This high recovery rate is significant as it suggests a viable commercial pathway for gold production without the need for expensive milling operations, potentially enhancing Marmota’s competitive positioning in the gold mining sector.
Marmota Limited has announced a significant discovery of high-value titanium mineral assemblages at its Muckanippie site. The analysis revealed that the samples contain up to 90% valuable heavy mineral content, with high concentrations of rutile and pseudorutile. This discovery, featuring low levels of deleterious elements, enhances Marmota’s position in the mineral exploration sector and suggests promising implications for stakeholders, as it indicates the potential for high-quality titanium extraction.
Marmota Limited reported a net loss of $203,114 for the half-year ending December 31, 2024, despite achieving significant exploration successes. The company made notable discoveries, including high-grade gold at Aurora Tank and Campfire Bore, as well as a maiden titanium heavy mineral sands discovery at Muckanippie. These developments, particularly the new gold discoveries and extensions at Aurora Tank, are expected to enhance Marmota’s profitability and strengthen its position in the minerals exploration industry.
Marmota Limited, trading on the ASX under the symbol MEU, has provided an investor update regarding its AuroraTank project located in the Gawler Craton region of South Australia. The company has a market capitalization of approximately $64 million, with a share price of $0.055 and cash reserves of $6.1 million as of February 2025. The update highlights a focus on reducing costs, minimizing dilution, and increasing exploration efforts. Key shareholders hold significant portions of the company, with the top 20 shareholders owning around 40% of the shares.
Marmota Limited announced a significant extension of its titanium-heavy mineral sands discovery at Muckanippie, with the identification of 100% leucoxene in samples from the adjacent tenement. This discovery potentially extends the strike of the titanium deposit to 9 km, indicating an expansion of their resource base and possibly enhancing their market position in high-value titanium products.
Marmota Limited, a company listed on the ASX, has issued 90,909,091 fully paid ordinary shares at 5.5 cents per share to institutional, sophisticated, and professional investors. Additionally, they have issued 818,347 shares as partial payment to a contractor. This strategic move is made under the provisions of the Corporations Act 2001, and the company has ensured compliance with relevant legal requirements, indicating a focus on maintaining regulatory standards while enhancing its financial position through this share placement.
Marmota Limited announced the quotation of 90,909,091 new securities on the ASX, furthering its strategic financial maneuvers previously disclosed in an earlier market announcement. This move is expected to enhance Marmota’s capital base, supporting its ongoing exploration and development projects in the resources sector, thereby potentially increasing shareholder value.
Marmota Limited has announced the quotation of 818,347 fully paid ordinary securities on the Australian Securities Exchange (ASX) with the code MEU, effective from February 7, 2025. This move indicates Marmota Limited’s efforts to enhance its market presence and potentially leverage new financial opportunities, impacting its operational and strategic positioning in the industry.
Marmota Limited has made amendments to its AGM presentation following a request from the ASX. Key changes include the addition of a table referencing ASX announcements for bonanza gold grades and the removal of certain slides and exploration targets. A Competent Person statement was updated to note an employee’s involvement. Since the AGM, Marmota reported significantly higher gold assay results and released new titanium exploration findings, indicating a strong advancement in their mineral exploration activities. These updates suggest a positive trajectory for Marmota’s operations, potentially impacting their market position and stakeholder interests.