Metals Australia Ltd (MLS) AI Stock Analysis

• Market Cap: AU$12.39M
• Dividend Yield: N/A
• Average Volume (3M): 376.30K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.16
• Revenue Growth: -100.00%
• EPS Growth: -11.11%
• Country: AU
• Employees: 1
• Sector: Basic Materials
• Sector Strength: 71
• Industry: Industrial Materials
• EPS (TTM): >-0.01
• Shares Outstanding: 728,719,540
• 10 Day Avg. Volume: 393,435
• 30 Day Avg. Volume: 376,302
• PEG Ratio: 0.31
• Price to Book (P/B): 0.63
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -10.50
• 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: 56 Neutral
• Price Target: ―

Metals Australia Ltd shows potential with strong revenue growth and a solid balance sheet, but profitability issues and negative cash flow are significant concerns. Technical indicators suggest a neutral market sentiment, while valuation metrics indicate unattractiveness due to negative earnings. Overall, strategic improvements in operations and profitability are needed for a better stock outlook.

Metals Australia Ltd Business Overview & Revenue Model

Company Description

Metals Australia Ltd (MLS) is a publicly listed minerals exploration company based in Australia. The company primarily focuses on the exploration and development of mineral resources, including lithium, graphite, and base metals such as zinc and copper. With a portfolio of projects located in both Australia and Canada, Metals Australia is committed to expanding its mineral exploration footprint and developing resources to meet growing global demand.

How the Company Makes Money

Metals Australia Ltd generates revenue primarily through the exploration and eventual development of mineral resources. The company invests in identifying and acquiring prospective mineral properties, conducting exploration activities to assess resource potential, and advancing these projects towards feasibility and production. Revenue is typically realized through the sale of mineral commodities extracted from these projects, joint venture agreements, or the sale of interests in exploration projects to other mining companies. Strategic partnerships and alliances with other resource companies or investors may also play a significant role in providing funding and sharing exploration risks, thus contributing to the company's income.

Metals Australia Ltd Financial Statement Overview

Summary

Metals Australia Ltd exhibits strong revenue growth, but struggles with profitability due to negative EBIT and net income margins. The balance sheet is robust, with no debt and high equity, indicating stability. However, the negative operating cash flow and reliance on external financing highlight ongoing operational challenges.

Income Statement

Metals Australia Ltd has shown significant revenue growth from 2023 to 2024, indicating improved market presence. However, the company is still struggling with profitability, as evidenced by negative EBIT and net income margins. The consistent net losses over the years suggest challenges in achieving operational efficiency.

Balance Sheet

The balance sheet is strong with no debt and a high equity ratio, indicating financial stability. The company has robust cash reserves, providing a cushion for future investments. However, the return on equity is negative due to ongoing losses, which is a concern for investors seeking profitability.

Cash Flow

Operating cash flow remains negative, reflecting ongoing operational challenges. Despite a decrease in free cash flow losses, the company needs to improve cash generation from operations. High financing cash inflows have been a key source of liquidity, which is not sustainable long-term without operational improvements.

Breakdown	TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement
Total Revenue	934.59K	791.52K	70.00K	42.21K	6.11K	1.65K
Gross Profit	934.59K	791.52K	587.36K	42.21K	6.11K	1.65K
EBITDA	-41.45K	-87.26K	0.00	-2.20M	-816.38K	-2.15M
Net Income	-667.77K	-537.68K	-808.59K	-2.21M	-472.83K	-1.52M
Balance Sheet
Total Assets	36.98M	37.17M	34.16M	30.77M	9.38M	8.29M
Cash, Cash Equivalents and Short-Term Investments	14.92M	17.37M	15.96M	19.14M	1.06M	566.53K
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00
Total Liabilities	1.20M	1.29M	143.93K	255.39K	79.75K	292.33K
Stockholders Equity	34.51M	34.60M	32.74M	30.59M	9.38M	8.07M
Cash Flow
Free Cash Flow	-3.36M	-1.86M	-1.95M	-1.88M	-1.23M	-398.07K
Operating Cash Flow	-259.04K	-151.92K	-225.81K	-708.35K	-440.81K	188.48K
Investing Cash Flow	-3.10M	-1.71M	-2.92M	-1.17M	-764.80K	-601.54K
Financing Cash Flow	3.29M	3.29M	19.96M	19.96M	1.69M	366.12K

Metals Australia Ltd Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.02
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:MLS, the sentiment is Negative. The current price of 0.02 is equal to the 20-day moving average (MA) of 0.02, below the 50-day MA of 0.02, and below the 200-day MA of 0.02, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 44.97 is Neutral, neither overbought nor oversold. The STOCH value of 200.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:MLS.

Metals Australia Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MLS	56 Neutral	AU$12.39M	―	-1.99%	―	-100.00%	-11.11%
GML	52 Neutral	AU$11.04M	4.29	8.76%	―	―	―
AUQ	45 Neutral	AU$26.57M	―	-26.98%	―	―	―
Sector *	43 Neutral	AU$1.41B	-6.14	-40.62%	3.98%	-4.78%	-42.91%
ARV	32 Underperform	$15.21M	―	-53.93%	―	―	-1133.33%

Metals Australia Ltd Corporate Events

Metals Australia Advances Lac Carheil Graphite Project with Major Drilling Completion

Metals Australia Ltd has announced the completion of a major drilling program at its Lac Carheil Graphite Project in Quebec, Canada, extending the total drilling to approximately 11,800 meters. This development is part of the company’s efforts to significantly grow its existing Mineral Resource, with an updated estimate expected in Q3 2025. The project has received a $600,000 CAD grant from the Quebec Ministry of Natural Resources & Forests, highlighting its importance to the region. Additionally, the company is advancing metallurgical test work at its Manindi Project in Western Australia and refining targets for its Warrego East Copper-Gold Project in the Northern Territory.

Metals Australia Completes Major Drilling at Lac Carheil Graphite Project

Metals Australia Ltd has completed a major drilling program at its Lac Carheil Graphite project in Quebec, extending the drilling from an initially planned 7,000 meters to 9,482 meters due to promising findings. The program has identified significant graphite continuity over a 2.3 km strike length, with around 4,000 meters of graphite-bearing core logged. This expansion is expected to enhance the existing Mineral Resource and support the company’s goal of updating its resource estimates by Q3 2025. The drilling success, coupled with government support, underscores the project’s potential and strategic importance in the region.

Metals Australia Ltd Releases Interim Financial Report for H2 2024

Metals Australia Ltd has released its interim financial report for the half year ending December 31, 2024. The report includes various financial statements such as the condensed consolidated statement of profit or loss, statement of financial position, changes in equity, and cash flow statement. This release provides stakeholders with insights into the company’s financial health and performance over the specified period.

Metals Australia Secures Grant for Lac Carheil Graphite Project

Metals Australia Ltd’s Canadian subsidiary, Lac Rainy Graphite Inc., has secured grant funding from Quebec’s Ministry of Natural Resources and Forests to advance the Lac Carheil Flake Graphite Concentrate Plant. The grant of up to $660,000 AUD will support research and innovation efforts, including detailed process equipment investigation and metallurgical test work, to progress the project to feasibility. This funding aligns with Quebec’s strategic mineral development goals and aims to contribute to the economic growth of the Côte-Nord region.

Metals Australia Ltd Reaffirms Commitment to Compliance and Transparency at PDAC 2025

Metals Australia Ltd has released a statement in conjunction with its participation in the PDAC 2025 event in Toronto, Canada. The company has reiterated its commitment to transparency and compliance with ASX listing rules, ensuring that all material assumptions and technical parameters in its mineral resource estimates remain unchanged. The announcement underscores the company’s dedication to maintaining its industry position and addressing potential risks and uncertainties associated with its operations.

Metals Australia Launches Major Drilling Program at Lac Carheil Graphite Project

Metals Australia Ltd has commenced a major drilling program at its Lac Carheil Graphite Project in Quebec, aiming to expand its high-grade graphite resource. The program involves 7,000 meters of diamond drilling to enhance the quantity and quality of the existing mineral resource, which currently supports a 15-year project life. The drilling is expected to significantly extend the project’s life and resource potential, with updates on significant results to be provided as they become available. The revised Mineral Resource Estimate will be reported in accordance with JORC and NI 43-101 standards, with further mine planning and infrastructure design phases to follow.