Metalsgrove Mining Ltd. (MGA) AI Stock Analysis

• Market Cap: AU$11.86M
• Dividend Yield: N/A
• Average Volume (3M): 177.83K
• Price to Earnings (P/E): ―
• Beta (1Y): -1.39
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: AU
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): N/A
• Shares Outstanding: 131,775,000
• 10 Day Avg. Volume: 265,043
• 30 Day Avg. Volume: 177,826
• PEG Ratio: 0.05
• Price to Book (P/B): 1.81
• Price to Sales (P/S): 88.18
• P/FCF Ratio: -5.51
• 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 55 Neutral
• Price Target: AU$0.09 ▲(6.25% Upside)

The score is held back primarily by weak financial performance—ongoing losses and persistent cash burn despite a strong FY2025 revenue rebound. Technicals are a meaningful offset, with the stock trading above major moving averages and positive momentum. Valuation is neutral due to missing P/E and dividend data.

Positive Factors

Revenue Growth

The significant revenue growth indicates strong market demand and successful business strategies, positioning the company for potential future profitability.

Debt-Free Balance Sheet

A debt-free balance sheet reduces financial risk and provides flexibility for future investments and strategic initiatives, enhancing long-term stability.

Strategic Exploration Expansion

Securing new exploration permits in a gold-rich region enhances the company's growth potential and resource base, potentially leading to significant value creation.

Negative Factors

Ongoing Losses

Persistent losses and negative margins indicate operational inefficiencies and cost challenges, which could hinder long-term profitability and growth.

Negative Cash Flow

Consistent negative cash flow suggests reliance on external funding, which may lead to equity dilution or asset sales, impacting shareholder value.

Shrinking Equity

Decreasing equity reflects ongoing financial strain and could limit the company's ability to invest in growth opportunities or weather economic downturns.

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

Metalsgrove Mining Ltd. faces key challenges with low revenue, negative margins, and negative cash flow, indicating operational inefficiencies. Despite a strong equity base and no debt, the company's financial position is weakened by declining assets and high expenses, necessitating strategic improvements to ensure sustainability.

Income Statement

Metalsgrove Mining Ltd. exhibits weak profitability with a negative net income of -3,349,453 AUD for the most recent year. The revenue has declined year-over-year, indicating negative growth. EBIT and EBITDA margins are negative, reflecting ongoing operational challenges.

Balance Sheet

The company maintains a strong equity position with a high equity ratio of approximately 98%, indicating financial robustness and low leverage as there is no debt. However, declining total assets and significant equity reduction suggest potential risks in asset management.

Cash Flow

Free cash flow remains negative, indicating challenges in generating cash from operations, exacerbated by high capital expenditures. Despite positive financing cash flow, the operating cash flow to net income ratio is negative, reflecting poor cash flow efficiency.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022
Income Statement
Total Revenue	81.29K	81.29K	50.39K	76.36K	5.14K
Gross Profit	81.29K	81.29K	50.39K	76.36K	5.14K
EBITDA	-935.61K	-2.51M	-475.31K	-706.88K	-340.18K
Net Income	-2.41M	-2.41M	-3.35M	-871.21K	-970.63K
Balance Sheet
Total Assets	4.07M	4.07M	6.41M	8.38M	8.99M
Cash, Cash Equivalents and Short-Term Investments	1.38M	1.38M	2.69M	3.10M	6.69M
Total Debt	0.00	0.00	0.00	0.00	0.00
Total Liabilities	123.69K	123.69K	129.40K	698.51K	645.60K
Stockholders Equity	3.95M	3.95M	6.28M	7.68M	8.34M
Cash Flow
Free Cash Flow	-1.30M	-1.30M	-2.48M	-2.97M	-222.49K
Operating Cash Flow	-904.49K	-904.49K	-1.03M	-639.45K	-62.20K
Investing Cash Flow	-397.68K	-397.69K	-1.45M	-2.41M	-160.29K
Financing Cash Flow	0.00	0.00	2.07M	-535.36K	11.69M

Metalsgrove Mining Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.08
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:MGA, the sentiment is Positive. The current price of 0.08 is below the 20-day moving average (MA) of 0.08, above the 50-day MA of 0.07, and above the 200-day MA of 0.06, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 70.08 is Negative, neither overbought nor oversold. The STOCH value of 100.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive 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 *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
MGA	55 Neutral	AU$11.86M	―	―	―	―	―
MRD	44 Neutral	AU$40.85M	-10.67	-106.64%	―	―	-36.36%
KLR	44 Neutral	AU$23.95M	-52.26	―	―	―	―
SLZ	44 Neutral	AU$7.61M	-0.55	-78.12%	―	―	-349.06%
AIV	44 Neutral	AU$5.98M	-4.58	-38.30%	―	―	61.60%
PRL	38 Underperform	AU$5.91M	-5.45	-26.98%	―	―	4.35%

Metalsgrove Mining Ltd. Corporate Events

MetalsGrove Mining Bolsters Capital with Share Issuance

MetalsGrove Mining Ltd. has issued over 26 million fully paid ordinary shares as part of the first tranche of a placement announced earlier in December 2025. The placement was carried out in compliance with ASX regulations and the Corporations Act, with no additional disclosures deemed necessary by the company. This share issuance is expected to strengthen MetalsGrove’s capital base, supporting its operational and growth objectives in the resource development sector.

Metalsgrove Mining Ltd Applies for Quotation of 26.4 Million Securities on ASX

Metalsgrove Mining Ltd has announced the application for quotation of 26,355,000 fully paid ordinary securities on the Australian Securities Exchange (ASX) as part of a previously announced transaction. This development represents a critical step in the company’s efforts to enhance its market position and provide shareholders with increased liquidity, potentially contributing to its growth and operational strategy within the mining sector.

MetalsGrove Mining Secures Vavoua Permit in Côte d’Ivoire, Plans Soil Sampling

MetalsGrove Mining Limited announced the granting of the Vavoua permit, one of its four gold joint venture permits in central-west Côte d’Ivoire. This permit covers a highly prospective area known for its potential in gold mineralization, strategically located near the Abujar gold mine. The company plans to initiate a soil sampling program to explore the potential for significant gold discoveries, leveraging favorable geological settings and existing anomalous gold trends in neighboring areas. This development is expected to enhance MetalsGrove’s positioning in the gold mining industry and potentially deliver significant value to stakeholders.

MetalsGrove Mining Secures $2.7 Million for Côte d’Ivoire Gold Exploration

MetalsGrove Mining Ltd has successfully secured $2.7 million through an oversubscribed placement to fund its gold exploration activities in Côte d’Ivoire. The funds will enable the company to initiate and accelerate exploration programs, including geochemical surveys and drilling campaigns, across its newly acquired and existing permits. This financial boost is expected to strengthen MetalsGrove’s balance sheet and enhance its strategic positioning in the region, potentially leading to significant resource development and value creation for stakeholders.

MetalsGrove Mining Ltd Initiates Trading Halt for Capital Raise and Land Acquisition

MetalsGrove Mining Ltd (ASX: MGA) has requested a trading halt on its securities pending an announcement regarding a proposed capital raise and land acquisition. This trading halt will remain in effect until the earlier of the commencement of normal trading on December 11, 2025, or the release of the anticipated announcement. The halt is intended to provide the market with time to consider the implications of the forthcoming announcement, which could significantly impact the company’s operations and market positioning.

MetalsGrove Mining Announces Director’s Acquisition of Unlisted Options

MetalsGrove Mining Limited announced a change in the director’s interest, with Peter Ledwidge acquiring 900,000 unlisted options with varying exercise prices, set to expire in November 2028. This issuance of options was approved by shareholders at the company’s recent Annual General Meeting, indicating a strategic move to align the director’s interests with the company’s long-term goals.

Metalsgrove Mining Ltd Issues New Unquoted Equity Securities

Metalsgrove Mining Ltd announced the issuance of unquoted equity securities, including 3,000,000 performance rights and 3,600,000 unlisted options, as part of an employee incentive scheme. This move is likely to impact the company’s operational strategies by aligning employee interests with corporate goals, potentially enhancing productivity and stakeholder value.

MetalsGrove Mining Ltd. AGM Resolutions Passed Successfully

MetalsGrove Mining Ltd. announced that all resolutions proposed at its Annual General Meeting on November 19, 2025, were passed by shareholders. The resolutions included the adoption of the remuneration report, re-election and election of directors, renewal of the employee securities incentive plan, and the issuance of securities to key individuals. The successful passing of these resolutions indicates strong shareholder support and is likely to positively impact the company’s governance and strategic initiatives.

MetalsGrove Expands Gold Exploration in Côte d’Ivoire

MetalsGrove Mining Limited has announced the development of a highly prospective gold exploration asset in Côte d’Ivoire. This move is expected to enhance the company’s position in the mining industry by expanding its exploration footprint and potentially increasing its resource base, which could have significant implications for its stakeholders.

MetalsGrove Mining Reports Quarterly Cash Flow Results

MetalsGrove Mining Ltd. reported a net cash outflow from operating activities of $308,000 for the quarter ending September 2025, primarily due to staff and administrative costs. The company also recorded a cash outflow of $44,000 from investing activities, related to exploration and evaluation expenses. No cash flow was reported from financing activities, leaving the company with a decrease in cash and cash equivalents for the period.

MetalsGrove Advances Gold Exploration Strategy in Côte d’Ivoire

MetalsGrove Mining Limited has continued its efforts to secure three exploration permits in central-west Côte d’Ivoire, a region known for its gold potential, located near the Abujar gold mine. The acquisition of these permits is a strategic move to enhance the company’s presence in this premier gold district, with plans to initiate a technically driven exploration program once permits are granted. The appointment of Peter Ledwidge as Chair, with his extensive regional experience, is expected to support these exploration activities and maximize value creation.

MetalsGrove Mining Ltd. Announces Annual General Meeting

MetalsGrove Mining Ltd. has announced its Annual General Meeting scheduled for November 19, 2025, in West Perth, Western Australia. The company encourages shareholders to participate in the meeting or submit proxy forms if unable to attend. This meeting will address key business matters and decisions impacting the company’s operations and governance.

MetalsGrove Director Increases Stake in Company

MetalsGrove Mining Ltd. has announced a change in the director’s interest, with Director Lijun Yang acquiring an additional 1,250,000 fully paid ordinary shares and 1,250,000 listed options through an off-market purchase. This change increases Yang’s total holdings to 6,250,000 shares and 6,250,000 options, reflecting a significant investment in the company and potentially indicating confidence in its future performance.

MetalsGrove Mining Announces Director Departure

MetalsGrove Mining Ltd. announced the cessation of Richard Beazley as a director, effective October 8, 2025. This change in the board may impact the company’s strategic direction and governance, although no securities or contracts were held by the departing director, indicating a potentially smooth transition for stakeholders.

MetalsGrove Mining Announces Director’s Change in Securities Interest

MetalsGrove Mining Limited announced a change in the interests of its director, Lijun Yang, with the forfeiture of 4,500,000 performance rights. This change, agreed upon mutually between the company and the managing director, reflects a strategic decision that may influence the company’s governance and operational strategies.

Metalsgrove Mining Ltd Announces Cessation of Performance Rights

Metalsgrove Mining Ltd announced the cessation of 4,500,000 performance rights due to the lapse of conditional rights, as the conditions were not met or became incapable of being satisfied. This cessation may impact the company’s capital structure and could influence stakeholder perceptions regarding the company’s operational performance and strategic direction.

MetalsGrove Mining Proposes Performance Rights and Options for Directors

MetalsGrove Mining Limited has announced its proposal to issue performance rights and options to its directors, including 3,000,000 performance rights for the Managing Director, contingent on achieving specific gold intersection milestones in their Cote d’Ivoire project. This move, subject to shareholder approval at the upcoming AGM, is designed to align the management’s incentives with the company’s exploration goals and potentially enhance its operational success and market positioning.