Metals Australia Ltd (AU:MLS)
ASX:MLS
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Metals Australia Ltd
(Sydney:MLS)
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Rating:48Neutral
Price Target:
AU$0.02
▼(-33.33% Downside)
Action:ReiteratedDate:03/28/26
The score is primarily constrained by ongoing losses and significant cash burn (especially negative free cash flow), which outweigh rapid revenue growth. The key offset is a strong, debt-free balance sheet that reduces financial risk. Technical momentum is weak and valuation metrics provide limited support due to negative earnings and no dividend.
Positive Factors
Debt-free balance sheet
A zero-debt balance sheet with sizable equity materially reduces financial distress risk for an exploration company. This structural strength provides optionality to fund drilling, pursue JV/transaction outcomes or withstand prolonged exploration cycles without imminent solvency pressure.
Negative Factors
Large negative free cash flow
Markedly negative free cash flow denotes heavy capital deployment or working-capital drains that are not self-funded. Over the medium term this structural cash burn requires continual external capital, raising dilution and execution risk and potentially slowing project advancement.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-free balance sheet
A zero-debt balance sheet with sizable equity materially reduces financial distress risk for an exploration company. This structural strength provides optionality to fund drilling, pursue JV/transaction outcomes or withstand prolonged exploration cycles without imminent solvency pressure.
Read all positive factors
Metals Australia Ltd (MLS) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$14.63M
Dividend YieldN/A
Average Volume (3M)1.17M
Price to Earnings (P/E)―
Beta (1Y)0.62
Revenue GrowthN/A
EPS Growth-162.50%
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 engages in the exploration and development of mineral deposits in Australia and Canada. The company primarily explores for zinc, gold, silver, copper, lithium, graphite, nickel, and other base metal deposits. Its flagship proj...
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
-11.11
Positive
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 -11.11 is Positive, 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% | |
48 Neutral | AU$14.63M | -5.21 | -6.93% | ― | ― | -162.50% | |
47 Neutral | AU$13.93M | -8.89 | -5.47% | ― | ― | ― | |
45 Neutral | AU$50.27M | -15.23 | -1.33% | ― | ― | ― | |
44 Neutral | AU$12.35M | -4.17 | 110.58% | ― | ― | 93.44% | |
40 Underperform | AU$34.86M | -8.50 | -4.08% | ― | ― | 74.51% |
* Basic Materials Sector Average
AU:MLS
Metals Australia Ltd
0.02
0.00
0.00%
AU:AUZ
Australian Mines
0.02
<0.01
70.00%
AU:BCA
Black Canyon Limited
0.31
0.25
416.67%
AU:AMU
GTI Resources Ltd
0.13
0.01
8.33%
AU:RWD
Reward Minerals Limited
0.05
-0.02
-26.23%
Metals Australia Ltd Corporate Events
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...
Metals Australia Releases Interim Financial Report for Half Year 2025
Mar 10, 2026
Metals Australia Ltd has released its interim financial report for the half year ended 31 December 2025, providing shareholders with condensed consolidated financial statements and accompanying notes. The filing includes profit or loss and other c...
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.