Metals Australia Ltd (AU:MLS)
ASX:MLS
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Metals Australia Ltd
(Sydney:MLS)
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Rating:49Neutral
Price Target:
AU$0.02
▼(-36.67% Downside)
Action:Reiterated
Date:06/12/26
The score is driven primarily by mixed financials: a strong, low-risk balance sheet is outweighed by ongoing losses and significant cash burn. Technicals add modest pressure with weak longer-term trend positioning and negative MACD, while valuation is constrained by negative earnings and no dividend support.
Positive Factors
Strong balance sheet (no debt)
No debt and a sizeable equity cushion materially reduce financial distress risk for an exploration firm. This durable strength provides flexibility to fund drilling, negotiate JV/transaction terms, and weather commodity cycles without immediate refinancing, supporting multi‑month project execution.
Negative Factors
Persistent negative cash flow
Consistent negative operating and free cash flow is a durable constraint: the business cannot self‑fund exploration and development, increasing reliance on external capital. Over months this elevates dilution and execution risk, potentially delaying drilling and project advancement without fresh funding.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong balance sheet (no debt)
No debt and a sizeable equity cushion materially reduce financial distress risk for an exploration firm. This durable strength provides flexibility to fund drilling, negotiate JV/transaction terms, and weather commodity cycles without immediate refinancing, supporting multi‑month project execution.
Read all positive factors
Metals Australia Ltd (MLS) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$16.10M
Dividend YieldN/A
Average Volume (3M)1.17M
Price to Earnings (P/E)―
Beta (1Y)0.81
Revenue GrowthN/A
EPS Growth-210.00%
CountryAU
Employees1
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding731,719,540
10 Day Avg. Volume1,262,423
30 Day Avg. Volume1,171,007
Financial Highlights & Ratios
PEG Ratio-0.05
Price to Book (P/B)0.37
Price to Sales (P/S)6.94
P/FCF Ratio-1.40
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Metals Australia Ltd Business Overview & Revenue Model
Company Description
Metals Australia Ltd is a company primarily focused on identifying and advancing mineral deposits across Australia and Canada. The firm's exploration efforts largely target a variety of valuable minerals, including precious metals such as gold and...
How the Company Makes Money
Metals Australia Ltd does not operate as a typical product or service business; it is an exploration-stage resources company. Specific, recurring operating revenue streams (e.g., sales of produced metals, processing fees, or long-term service cont...
Metals Australia Ltd Financial Statement Overview
Summary
Income Statement
22
Negative
Balance Sheet
71
Positive
Cash Flow
26
Negative
| Breakdown | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 1.78M | 791.52K | 70.00K | 42.21K | 6.11K |
| Gross Profit | 1.78M | 791.52K | 587.36K | 42.21K | 6.11K |
| EBITDA | 535.06K | -87.26K | -808.59K | -1.87M | -793.47K |
| Net Income | -1.56M | -537.68K | -808.59K | -2.21M | -472.83K |
Balance Sheet | |||||
| Total Assets | 35.07M | 37.17M | 34.16M | 30.77M | 9.38M |
| Cash, Cash Equivalents and Short-Term Investments | 8.61M | 17.37M | 15.96M | 19.14M | 1.06M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 606.45K | 1.29M | 143.93K | 255.39K | 79.75K |
| Stockholders Equity | 33.18M | 34.60M | 32.74M | 30.59M | 9.38M |
Cash Flow | |||||
| Free Cash Flow | -8.82M | -1.86M | -1.95M | -1.88M | -1.23M |
| Operating Cash Flow | -670.05K | -151.92K | -225.81K | -708.35K | -440.81K |
| Investing Cash Flow | -8.19M | -1.71M | -2.92M | -1.17M | -764.80K |
| Financing Cash Flow | 0.00 | 3.29M | 19.96M | 19.96M | 1.69M |
Metals Australia Ltd Technical Analysis
Negative
0.03
Price Trends
0.02
Negative
0.02
Negative
0.02
Negative
Market Momentum
>-0.01
Negative
44.41
Neutral
30.56
Neutral
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 0.03 is above the 20-day moving average (MA) of 0.02, above the 50-day MA of 0.02, and above the 200-day MA of 0.02, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 44.41 is Neutral, neither overbought nor oversold. The STOCH value of 30.56 is Neutral, 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
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
49 Neutral | AU$16.10M | -6.80 | -6.93% | ― | ― | -210.00% | |
| ― | AU$15.78M | -2.94 | -39.88% | ― | ― | ― | |
45 Neutral | AU$17.14M | -3.75 | -129.04% | ― | 445.43% | 47.23% | |
43 Neutral | AU$13.48M | -3.89 | -57.94% | ― | ― | ― | |
42 Neutral | AU$13.86M | -2.93 | -13.70% | ― | ― | -85.25% | |
42 Neutral | AU$12.06M | -4.39 | -380.81% | ― | ― | 1.76% |
* Basic Materials Sector Average
AU:MLS
Metals Australia Ltd
0.02
<0.01
29.41%
AU:ADY
Admiralty Resources NL
0.01
0.00
0.00%
AU:BUX
Buxton Resources Limited
0.04
<0.01
2.56%
AU:DME
Dome Gold Mines Ltd.
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-0.16
-82.63%
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Constellation Resources Ltd.
0.15
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AU:MGA
Metalsgrove Mining Ltd.
0.09
0.02
25.35%
Metals Australia Ltd Corporate Events
Metals Australia Reaffirms Assumptions for Lac Carheil Graphite Project
May 21, 2026
Metals Australia is advancing the Lac Carheil Graphite Project in Quebec as a fully integrated graphite transformation and battery anode material refinery. The company emphasises that no new exploration results or resource estimates are being disc...
Metals Australia to Host Investor Webinar on Flagship Lac Carheil Graphite Project
May 21, 2026
Metals Australia Ltd will host an investor webinar on 22 May 2026 featuring CEO Paul Ferguson, who will brief shareholders and investors on progress at the company’s Lac Carheil graphite project in Quebec. The session, which includes a live ...
Metals Australia’s Quebec Anode Refinery Study Flags $2bn NPV and Phased Build
Apr 27, 2026
Metals Australia has unveiled a preliminary economic assessment for a planned battery anode material refinery in Baie-Comeau, Quebec, outlining annual production of more than 51,000 tonnes of high-purity products over a 25-year life. The study for...
Metals Australia Appoints New Joint Company Secretary Amid Critical Minerals Push
Mar 20, 2026
Metals Australia Ltd has appointed experienced finance professional and Chartered Accountant Jeff Dawkins as Joint Company Secretary, effective immediately, succeeding Michael Muhling after his four years in the role. The company confirmed that ex...
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.