Metalsgrove Mining Ltd. (MGA) AI Stock Analysis

• Market Cap: N/A
• Dividend Yield: N/A
• Average Volume (3M): 60.77K
• Price to Earnings (P/E): ―
• Beta (1Y): -1.22
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: AU
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 63
• Industry: Industrial Materials
• EPS (TTM): N/A
• Shares Outstanding: 105,420,000
• 10 Day Avg. Volume: 28,540
• 30 Day Avg. Volume: 60,766
• PEG Ratio: 0.70
• Price to Book (P/B): 0.57
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -1.46
• 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

• Rating: 42 Neutral
• Price Target: ―

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 Ltd. (MGA) is a mining company that focuses on the exploration and development of mineral resources. Positioned within the mining sector, the company is dedicated to identifying and extracting valuable minerals, contributing to the supply chain of critical metals necessary for various industries. Metalsgrove Mining operates several mining projects aimed at unearthing resources that are essential for technological advancements and industrial applications.

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
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	3.10M	6.69M
	Total Assets
6.41M	8.38M	8.99M
	Total Debt
0.00	0.00	0.00
	Net Debt
-2.69M	-3.10M	-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: Positive
• Last Price: 0.06
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Positive
• 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 Positive. The current price of 0.06 is below the 20-day moving average (MA) of 0.06, above the 50-day MA of 0.05, and below the 200-day MA of 0.06, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 54.71 is Neutral, neither overbought nor oversold. The STOCH value of 19.54 is Positive, 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
IGO	64 Neutral	$3.07B	1,418.92	-36.53%	12.84%	-28.50%	-532.61%
LYC	60 Neutral	$8.68B	170.59	2.27%	―	-20.07%	-74.91%
MIN	58 Neutral	$4.30B	50.78	-33.95%	4.54%	2.22%	-411.10%
Sector *	51 Neutral	$1.98B	-1.26	-21.11%	5.99%	2.92%	-30.46%
PLS	47 Neutral	$4.17B	23.42	-1.04%	―	-65.07%	-102.37%
MGA	42 Neutral		―		―	―	―
INR	38 Underperform	$250.38M	―	-4.75%	―	―	-175.00%

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.