Metalsgrove Mining Ltd. (MGA) AI Stock Analysis

• Market Cap: N/A
• Dividend Yield: N/A
• Average Volume (3M): 24.85K
• Price to Earnings (P/E): ―
• Beta (1Y): -1.06
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: AU
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 62
• Industry: Industrial Materials
• EPS (TTM): N/A
• Shares Outstanding: 105,420,000
• 10 Day Avg. Volume: 4,604
• 30 Day Avg. Volume: 24,848
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.00
• P/FCF Ratio: N/A
• 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

Metalsgrove Mining Ltd. presents significant financial challenges with weak profitability, negative cash flow, and declining assets. The stock's technical indicators reflect a bearish trend, further impacting investor sentiment. Valuation metrics are insufficient, leading to a lack of clarity on potential investment value. Overall, the company requires strategic improvements to enhance its operational and financial standing.

Metalsgrove Mining Ltd. Business Overview & Revenue Model

Company Description

MetalsGrove Mining Limited engages in the acquisition, exploration, and development of green metals for the battery and renewable energy market in Australia. It primarily explores for copper, lead, zinc, gold, lithium, tin, tantalum, manganese, and rare earth elements. The company holds interest in the Upper Coondina lithium-tin and tantalum project, which comprises a single granted exploration license covering an area of approximately 6,363 hectares located southwest of marble bar in the eastern Pilbara region of Western Australia; the Woodie Woodie North manganese project consisting of a single granted exploration license that covers an area of approximately 13,740 hectares situated in the eastern Pilbara region of Western Australia; and the Bruce gold-copper and rare earth element project covering an area of approximately 17,722 hectares located northeast of Alice Springs in Northern Territory. It also owns interest in the Box Hole base metal and rare earth project covering an area of approximately 12,708 hectares located northeast of Alice Springs in Northern Territory; and the Edwards Creek copper-gold and base metal project that includes a single granted exploration license covers an area of approximately 7,587 hectares situated north-northeast of Alice Springs in Northern Territory. The company was incorporated in 2021 and is based in West Perth, Australia.

How the Company Makes Money

Metalsgrove Mining Ltd. generates revenue primarily through the extraction and sale of mined minerals. The company's key revenue streams include selling raw mineral resources to industrial manufacturers and commodity markets that require these materials for production and technological processes. Additionally, Metalsgrove may engage in strategic partnerships or joint ventures with other mining entities or industrial companies to enhance its mining operations and expand its market reach. The company's earnings are influenced by factors such as mineral market prices, production efficiency, and the successful development of new mining sites.

Metalsgrove Mining Ltd. Financial Statement Overview

Summary

Income Statement

Balance Sheet

Cash Flow

Breakdown
Jun 2024	Jun 2023	Jun 2022
Income Statement		Total Revenue
50.39K	76.36K	5.14K
	Gross Profit
50.39K	76.36K	5.14K
	EBIT
-479.42K	-947.57K	-630.45K
	EBITDA
-475.31K	-706.88K	-340.18K
	Net Income Common Stockholders
-3.35M	-871.21K	-970.63K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
2.69M	3.11M	6.69M
	Total Assets
6.41M	8.38M	8.99M
	Total Debt
0.00	0.00	0.00
	Net Debt
-2.69M	-3.11M	-6.69M
	Total Liabilities
129.40K	698.51K	645.60K
	Stockholders Equity
6.28M	7.68M	8.34M
Cash Flow		Free Cash Flow
-2.48M	-2.97M	-222.49K
	Operating Cash Flow
-1.03M	-639.45K	-62.20K
	Investing Cash Flow
-1.45M	-2.41M	-160.29K
	Financing Cash Flow
2.07M	-535.36K	11.69M

Metalsgrove Mining Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.04
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:MGA, the sentiment is Negative. The current price of 0.04 is below the 20-day moving average (MA) of 0.04, below the 50-day MA of 0.05, and below the 200-day MA of 0.06, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 37.73 is Neutral, neither overbought nor oversold. The STOCH value of -36.36 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:MGA.

Metalsgrove Mining Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	49 Neutral	$1.98B	-1.10	-21.24%	3.61%	1.31%	-31.23%
MGA	42 Neutral		―		―	―	―

Metalsgrove Mining Ltd. Corporate Events

MetalsGrove Expands Gold Exploration in Côte d’Ivoire

MetalsGrove Mining Ltd. has successfully completed the acquisition of three gold joint venture permits in central-west Côte d’Ivoire, covering a total area of 950 km². These permits are strategically located near the Abujar gold mine and are part of the Birimian greenstone belt, known for its gold-rich terrains. The acquisition is expected to enhance MetalsGrove’s exploration potential, as the region shows promising geological characteristics for gold mineralization. The presence of artisanal mining and favorable survey results further indicate the potential for significant gold discoveries. This move positions MetalsGrove to capitalize on Côte d’Ivoire’s stable investment climate and growing interest from major industry players.

MetalsGrove Mining Ltd. Reports Quarterly Cash Flow Results

MetalsGrove Mining Ltd. reported its quarterly cash flow, indicating a net cash outflow from operating activities of $153,000 and from investing activities of $167,000. The company’s financial activities during the quarter did not include any financing activities, resulting in a decrease in cash and cash equivalents from $1.888 million at the beginning of the period to a lower amount by the end of the quarter.

MetalsGrove Expands into Côte d’Ivoire with Gold JV Permits Acquisition

MetalsGrove Mining Limited has announced its expansion into Côte d’Ivoire by acquiring gold joint venture permits. This strategic move is expected to enhance the company’s operational capabilities and strengthen its position in the mining industry, potentially offering new opportunities for growth and development in the West African region.

MetalsGrove Mining Limited Releases Half-Year Financial Report

MetalsGrove Mining Limited has released its half-year report for the period ending December 31, 2024. The report includes various sections such as the corporate directory, directors’ report, and auditor’s independence declaration. This release provides stakeholders with insights into the company’s financial health and operational performance over the past six months, which could influence investor decisions and the company’s strategic direction.