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MLG Oz Ltd (AU:MLG)
ASX:MLG
Australian Market
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MLG Oz Ltd (MLG) AI Stock Analysis

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AU:MLG

MLG Oz Ltd

(Sydney:MLG)

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Neutral 62 (OpenAI - 5.2)
Rating:62Neutral
Price Target:
AU$0.78
▲(3.87% Upside)
Action:Downgraded
Date:12/02/25
MLG Oz Ltd's strong financial performance, characterized by consistent revenue growth and robust cash flow, is the primary driver of its stock score. However, the bearish technical indicators and lack of dividend yield moderate the overall attractiveness of the stock.
Positive Factors
Free cash flow generation
Sustained free cash flow growth and a robust operating cash flow to net income ratio give MLG durable financial flexibility. Strong cash conversion supports capital expenditure, equipment refresh, and debt servicing without reliance on external equity, improving resilience through cycles.
Negative Factors
Modest net profit margins
Modest net margins limit the firm's ability to absorb input cost shocks (fuel, labor) and constrain retained earnings for reinvestment or shareholder returns. Over the medium term, sustained margin pressure would reduce free cash flow headroom and weaken competitive positioning versus more efficient peers.
Read all positive and negative factors
Positive Factors
Negative Factors
Free cash flow generation
Sustained free cash flow growth and a robust operating cash flow to net income ratio give MLG durable financial flexibility. Strong cash conversion supports capital expenditure, equipment refresh, and debt servicing without reliance on external equity, improving resilience through cycles.
Read all positive factors

MLG Oz Ltd (MLG) vs. iShares MSCI Australia ETF (EWA)

MLG Oz Ltd Business Overview & Revenue Model

Company Description
Operating across Western Australia and the Northern Territory, MLG Oz Limited is a key provider of comprehensive services to mine sites. The company delivers a wide array of mine site and bulk haulage solutions, covering crusher feed, road and veh...
How the Company Makes Money
MLG primarily makes money by contracting with mining customers to deliver integrated services across materials handling, haulage, and mine-site support. Key revenue streams generally include (i) contract income for hauling and logistics of ore and...

MLG Oz Ltd Financial Statement Overview

Summary
MLG Oz Ltd exhibits strong financial health with consistent revenue growth and robust cash flow generation. While profitability margins can improve, the company maintains a stable balance sheet with effective leverage management.
Income Statement
72
Positive
Balance Sheet
65
Positive
Cash Flow
78
Positive
BreakdownTTMJun 2025Jun 2024Jun 2023Jun 2022Jun 2021
Income Statement
Total Revenue560.03M548.30M474.85M375.21M286.84M254.02M
Gross Profit203.81M186.72M148.54M132.66M285.82M250.75M
EBITDA68.67M62.18M51.95M28.07M30.04M40.24M
Net Income15.12M12.13M10.96M809.66K4.81M12.46M
Balance Sheet
Total Assets330.10M319.26M293.41M246.15M254.64M222.89M
Cash, Cash Equivalents and Short-Term Investments9.73M9.24M5.86M143.73K209.79K9.69M
Total Debt88.27M75.64M67.74M60.89M68.53M51.27M
Total Liabilities176.69M174.09M162.58M128.04M138.30M108.66M
Stockholders Equity153.41M145.18M130.83M118.12M116.34M114.22M
Cash Flow
Free Cash Flow46.22M33.90M37.80M14.44M21.56M23.96M
Operating Cash Flow66.61M57.84M57.60M32.71M33.67M36.89M
Investing Cash Flow-19.45M-23.09M-18.73M354.53K-10.95M-12.78M
Financing Cash Flow-29.90M-31.38M-27.26M-38.55M-32.66M-4.73M

MLG Oz Ltd Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.75
Price Trends
50DMA
0.74
Positive
100DMA
0.83
Negative
200DMA
0.87
Negative
Market Momentum
MACD
<0.01
Negative
RSI
49.37
Neutral
STOCH
40.46
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:MLG, the sentiment is Negative. The current price of 0.75 is above the 20-day moving average (MA) of 0.73, above the 50-day MA of 0.74, and below the 200-day MA of 0.87, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 49.37 is Neutral, neither overbought nor oversold. The STOCH value of 40.46 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:MLG.

MLG Oz Ltd Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
62
Neutral
AU$113.88M7.4410.13%8.26%86.06%
61
Neutral
$10.43B7.12-0.05%2.87%2.86%-36.73%
57
Neutral
AU$441.80M-38.89-4.22%56.94%
54
Neutral
AU$1.70B-110.00-10.87%-5.00%
47
Neutral
AU$232.93M-19.79-21.89%7.69%
44
Neutral
AU$214.28M-32.621.57%93.36%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:MLG
MLG Oz Ltd
0.70
-0.04
-4.76%
AU:LIN
Lindian Resources Limited
0.95
0.85
879.38%
AU:GLN
Galan Lithium Limited
0.36
0.24
195.83%
AU:PSC
Prospect Resources Ltd.
0.29
0.11
67.65%
AU:AUE
Aurum Resources Limited
0.54
0.05
9.18%

MLG Oz Ltd Corporate Events

MLG Oz wins A$70m integrated mining contract at Pioneer Dome lithium project
Jun 29, 2026
MLG Oz Limited has secured a fully integrated open pit mining and crushing contract with Develop Global at the Cade Pit, part of the Pioneer Dome Lithium Project in Western Australia&#8217;s Eastern Goldfields. The 12&#8209;month campaign, due to ...
MLG Oz Wins A$70m Mining Contract at Pioneer Dome Lithium Project
Jun 29, 2026
Develop Global has awarded a A$70 million open pit mining and crushing contract at its Pioneer Dome lithium project in Western Australia to MLG Oz, following a competitive tender that emphasised execution capability and regional experience. The 12...
MLG Oz secures five-year Newmont Tanami services extension worth $200m
May 3, 2026
MLG Oz has secured renewed commercial terms with Newmont to continue and expand integrated site services at the Tanami Operations in the Northern Territory, reinforcing its position as a key provider to the Granites gold mine. The contract, which ...
MLG Oz reshapes leadership to drive next phase of growth
Apr 28, 2026
MLG Oz Limited has announced a suite of board and executive leadership changes designed to support its next phase of growth and sharpen the separation between strategic oversight and day-to-day management. Founder Murray Leahy will move from manag...
MLG Oz wins $20m in new mining service contracts and extensions
Apr 6, 2026
MLG Oz has secured a suite of new and extended contracts worth about $20 million in annual revenue, underscoring its role as a key services provider to major gold producers in Western Australia. The company locked in a five-year extension for road...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

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.Date of analysis: Dec 02, 2025