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Medallion Metals Ltd (AU:MM8)
ASX:MM8
Australian Market

Medallion Metals Ltd (MM8) AI Stock Analysis

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AU

Medallion Metals Ltd

(Sydney:MM8)

Rating:45Neutral
Price Target:
AU$0.00
▼(-100.00%Downside)
Medallion Metals Ltd's overall stock score is driven primarily by its weak financial performance, marked by declining revenues, consistent losses, and negative cash flow. Technical analysis indicates a neutral to slightly bearish outlook, adding to the concerns. The valuation is unattractive due to negative earnings and lack of dividends. These factors combine to result in a low overall score.

Medallion Metals Ltd (MM8) vs. iShares MSCI Australia ETF (EWA)

Medallion Metals Ltd Business Overview & Revenue Model

Company DescriptionMedallion Metals Ltd (MM8) is an Australian-based mineral exploration and development company primarily engaged in the exploration of gold and copper resources. The company focuses on its flagship Ravensthorpe Gold Project and the Jerdacuttup Project, which are both located in Western Australia. Medallion Metals aims to advance these projects through exploration and feasibility studies to establish economically viable mining operations.
How the Company Makes MoneyMedallion Metals Ltd generates revenue primarily through the development and potential extraction of mineral resources such as gold and copper from its exploration projects. The company invests in exploration activities to discover and evaluate mineral deposits, aiming to increase the value of its assets. Revenue is typically realized through the sale of extracted minerals, once a project reaches production stage, or through strategic partnerships and joint ventures with other mining companies. Additionally, Medallion Metals may also earn income by selling or leasing exploration rights or entering into royalty agreements. However, as an exploration and development company, its current income largely depends on raising funds from investors and stakeholders to finance its ongoing exploration and feasibility activities.

Medallion Metals Ltd Financial Statement Overview

Summary
Medallion Metals Ltd faces significant financial challenges with declining revenues and consistent losses. The company shows a reliance on financing for liquidity, and operational improvements are needed to achieve profitability. While debt levels are manageable, the negative cash flow from operations and persistent net losses pose risks to financial stability.
Income Statement
45
Neutral
Medallion Metals Ltd has shown inconsistent revenue trends with a significant decline from 2023 to 2024. The company has been consistently operating at a loss with negative EBIT and net profit margins, indicating challenges in achieving profitability. The gross profit margin is positive, suggesting some cost control at the gross level, but operational efficiency needs improvement.
Balance Sheet
50
Neutral
The company maintains a moderate debt-to-equity ratio, with total debt levels decreasing over the years. However, the return on equity is negative due to consistent losses, impacting overall shareholder value. Equity ratio remains stable, indicating a reasonable balance between assets and equity.
Cash Flow
40
Negative
Cash flow analysis shows persistent negative free cash flow, highlighting liquidity challenges. The company relies heavily on financing activities to sustain operations, which could be a risk if external funding becomes constrained. Operating cash flow remains negative, indicating operational inefficiencies.
BreakdownTTMJun 2024Jun 2023Jun 2022Jun 2021Jun 2020
Income Statement
Total Revenue1.48M1.86M3.03M2.14M503.47K503.90K
Gross Profit1.48M1.86M3.03M2.14M503.47K-1.05M
EBITDA-2.41M-2.58M-4.68M-3.21M-3.57M-2.54M
Net Income-3.51M-2.94M-5.09M-3.60M-3.77M-2.63M
Balance Sheet
Total Assets20.30M16.42M15.59M15.93M16.85M17.26M
Cash, Cash Equivalents and Short-Term Investments3.33M1.71M497.82K1.84M8.82M12.54M
Total Debt2.92M2.93M4.10M4.04M4.11M4.03M
Total Liabilities5.11M4.48M5.77M6.04M8.49M6.26M
Stockholders Equity15.19M11.94M9.82M9.89M8.36M11.00M
Cash Flow
Free Cash Flow-4.01M-2.16M-6.02M-11.14M-3.94M-2.50M
Operating Cash Flow-1.94M-1.57M-3.87M-5.18M-1.98M-2.49M
Investing Cash Flow-1.91M-491.39K-2.14M-5.95M-1.96M-12.82K
Financing Cash Flow4.56M3.34M4.59M4.16M10.50M-8.33K

Medallion Metals Ltd Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price0.23
Price Trends
50DMA
0.26
Negative
100DMA
0.23
Positive
200DMA
0.16
Positive
Market Momentum
MACD
>-0.01
Positive
RSI
46.66
Neutral
STOCH
24.44
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:MM8, the sentiment is Neutral. The current price of 0.23 is below the 20-day moving average (MA) of 0.25, below the 50-day MA of 0.26, and above the 200-day MA of 0.16, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 46.66 is Neutral, neither overbought nor oversold. The STOCH value of 24.44 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for AU:MM8.

Medallion Metals Ltd Peers Comparison

Overall Rating
UnderperformOutperform
Sector (43)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
AUMM8
45
Neutral
AU$114.45M-24.51%-100.00%42.77%
AUOSM
45
Neutral
AU$78.52M-93.33%-347.84%
43
Neutral
AU$1.41B-6.14-40.74%4.12%-3.45%-41.77%
AUNWF
42
Neutral
AU$83.72M
AUPTR
38
Underperform
AU$128.25M-16.72%-28.95%
AUCNB
35
Underperform
AU$98.21M-27.89%55.31%
AUPUA
29
Underperform
$136.64M-1602.47%-30.00%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:MM8
Medallion Metals Ltd
0.23
0.17
283.33%
AU:PUA
Peak Minerals
0.05
0.04
440.00%
AU:PTR
Petratherm Ltd
0.34
0.31
1033.33%
AU:NWF
Newfield Resources Ltd.
0.09
-0.01
-10.00%
AU:CNB
Carnaby Resources Ltd.
0.42
-0.15
-26.32%
AU:OSM
Osmond Resources Limited
0.85
0.78
1114.29%

Medallion Metals Ltd Corporate Events

Medallion Metals Reports Promising Drilling Results at Kundip Mining Centre
Jul 8, 2025

Medallion Metals Limited has reported promising infill drilling results from the Kundip Mining Centre, part of its Ravensthorpe Gold Project. The results, which include significant gold and copper grades, enhance confidence in the existing Mineral Resource Estimate and suggest substantial growth potential for the deposit. The company plans to incorporate these findings into an updated Mineral Resource Estimate and feasibility study, with further drilling and geophysical surveys scheduled for later in the year. These developments could significantly impact the project’s economics and Medallion’s decision-making process regarding future development.

The most recent analyst rating on (AU:MM8) stock is a Buy with a A$0.41 price target. To see the full list of analyst forecasts on Medallion Metals Ltd stock, see the AU:MM8 Stock Forecast page.

Medallion Metals Secures Land for Environmental Offsets in Ravensthorpe Gold Project
Jul 1, 2025

Medallion Metals Ltd has reached a significant milestone in its Ravensthorpe Gold Project by acquiring 258 hectares of land to fulfill environmental offset requirements, crucial for obtaining necessary federal and state approvals. This acquisition supports the company’s Sulphide Development Strategy, which involves underground mining and processing, and positions Medallion to advance its project approvals with increased confidence, potentially impacting its operational timeline and stakeholder interests.

The most recent analyst rating on (AU:MM8) stock is a Buy with a A$0.41 price target. To see the full list of analyst forecasts on Medallion Metals Ltd stock, see the AU:MM8 Stock Forecast page.

Medallion Metals Announces General Meeting for Shareholders
Jun 16, 2025

Medallion Metals Limited has announced an upcoming General Meeting of Shareholders scheduled for July 16, 2025. The company emphasizes the importance of the meeting notice, urging shareholders to participate and submit proxy forms online. This meeting is a significant event for stakeholders, as it provides an opportunity to engage with the company’s strategic decisions and future direction.

The most recent analyst rating on (AU:MM8) stock is a Buy with a A$0.41 price target. To see the full list of analyst forecasts on Medallion Metals Ltd stock, see the AU:MM8 Stock Forecast page.

Medallion Metals Issues New Shares to Strengthen Financial Position
May 26, 2025

Medallion Metals Limited has issued 29,885,020 ordinary shares without a disclosure to investors under the Corporations Act, complying with relevant legal provisions. This move is part of the company’s strategic efforts to bolster its financial position and potentially expand its operations, reflecting its commitment to growth and compliance with regulatory standards.

The most recent analyst rating on (AU:MM8) stock is a Buy with a A$0.41 price target. To see the full list of analyst forecasts on Medallion Metals Ltd stock, see the AU:MM8 Stock Forecast page.

Medallion Metals Ltd Announces New Securities Issuance
May 26, 2025

Medallion Metals Ltd has announced the issuance of 1,250,000 fully paid ordinary securities, which will be quoted on the ASX under the security code MM8. This move is part of the company’s strategy to enhance its capital structure, potentially impacting its market position and providing new opportunities for stakeholders.

The most recent analyst rating on (AU:MM8) stock is a Buy with a A$0.41 price target. To see the full list of analyst forecasts on Medallion Metals Ltd stock, see the AU:MM8 Stock Forecast page.

Medallion Metals Ltd Announces Quotation of New Securities on ASX
May 26, 2025

Medallion Metals Ltd has announced the application for quotation of 28,635,020 fully paid ordinary securities on the Australian Securities Exchange (ASX) under the code MM8. This move is part of a previously announced transaction and is expected to enhance the company’s capital structure, potentially impacting its market positioning and offering new opportunities for stakeholders.

The most recent analyst rating on (AU:MM8) stock is a Buy with a A$0.41 price target. To see the full list of analyst forecasts on Medallion Metals Ltd stock, see the AU:MM8 Stock Forecast page.

Medallion Metals Reports Promising Drilling Results at Kundip Mining Centre
May 25, 2025

Medallion Metals Limited has announced significant drilling results from the Kundip Mining Centre, part of its Ravensthorpe Gold Project. The results have reinforced confidence in the existing Mineral Resource Estimate and highlighted the potential for growth in the shallowly drilled deposit. The drilling program, which has now concluded, will inform an updated Mineral Resource Estimate expected in July. This update will play a crucial role in the feasibility study mine plan, with further drilling anticipated to recommence in the third quarter of 2025.

The most recent analyst rating on (AU:MM8) stock is a Buy with a A$0.41 price target. To see the full list of analyst forecasts on Medallion Metals Ltd stock, see the AU:MM8 Stock Forecast page.

Medallion Metals Ltd Announces Proposed Securities Issue
May 16, 2025

Medallion Metals Ltd has announced a proposed issue of 130,952,381 ordinary fully paid securities, scheduled for issuance on May 26, 2025. This move is part of a placement or other type of issue, indicating the company’s efforts to raise capital, which could impact its financial position and market operations.

The most recent analyst rating on (AU:MM8) stock is a Buy with a A$0.41 price target. To see the full list of analyst forecasts on Medallion Metals Ltd stock, see the AU:MM8 Stock Forecast page.

$27.5 Million Boost for Medallion Metals’ Gold and Copper Strategy
May 16, 2025

Medallion Metals Ltd has successfully raised $27.5 million through an institutional placement, which will bolster its efforts to advance the Ravensthorpe Gold Project and acquire the Forrestania Nickel Operation. This financial backing is a strong endorsement of Medallion’s strategy and assets, positioning the company to accelerate its gold and copper production plans. The placement will fund pre-development activities, infill drilling, and a Bankable Feasibility Study, with a final investment decision expected in the fourth quarter of 2025. The strategic acquisition of the Forrestania infrastructure is seen as a key component in creating a rapid, low-capex pathway to production, enhancing Medallion’s industry positioning and offering attractive returns on investment.

The most recent analyst rating on (AU:MM8) stock is a Buy with a A$0.41 price target. To see the full list of analyst forecasts on Medallion Metals Ltd stock, see the AU:MM8 Stock Forecast page.

Medallion Metals Initiates Trading Halt for Capital Raising Announcement
May 15, 2025

Medallion Metals Limited has requested a trading halt on its securities pending an upcoming announcement regarding a capital raising. The halt is expected to last until May 19, 2025, or until the announcement is made, indicating a strategic financial maneuver that could impact the company’s market activities.

The most recent analyst rating on (AU:MM8) stock is a Buy with a A$0.41 price target. To see the full list of analyst forecasts on Medallion Metals Ltd stock, see the AU:MM8 Stock Forecast page.

Medallion Metals Extends High-Grade Lodes at Gem Deposit
May 6, 2025

Medallion Metals Limited has announced significant extensions to the high-grade lodes at its Gem deposit within the Kundip Mining Centre. The recent drilling results have extended the lode position up to 80 meters beyond the current Mineral Resource boundary, indicating substantial upside potential for the company’s sulphide Mineral Resource Estimate. These findings are expected to positively impact the company’s near-term development strategy and project economics, as they suggest potential for extending mine life and increasing production inventory. The results will inform an upcoming Mineral Resource Estimate update and support the feasibility study for the Ravensthorpe-Forrestania sulphide development strategy.

Medallion Metals to Present at RIU Resources Roundup Conference
May 6, 2025

Medallion Metals Limited announced that its Managing Director, Paul Bennett, will be providing investor updates, including a presentation at the RIU Resources Roundup Conference. This initiative is part of the company’s strategy to communicate its rapid pathway to strong cash flows, highlighting its sulphide production strategy in the Ravensthorpe-Forrestania region. The announcement underscores Medallion Metals’ commitment to enhancing its market position and delivering value to its stakeholders.

Medallion Metals to Acquire Full Interest in Forrestania Nickel Operation
May 5, 2025

Medallion Metals Limited has amended its agreement with IGO Limited to acquire a 100% interest in the Forrestania Nickel Operation, including all tenements and associated infrastructure, while IGO retains rights to explore and mine nickel and lithium. Medallion will grant IGO a 1.5% royalty on future gold production from these tenements. This strategic acquisition aims to enhance Medallion’s gold production capabilities and potentially revitalize the Forrestania region as a significant gold production district, with completion targeted for late 2025.

Medallion Metals Advances Strategic Developments in Gold and Nickel Operations
Apr 30, 2025

Medallion Metals Limited has made significant progress in negotiations with IGO Limited for the acquisition of the Cosmic Boy Process Plant at the Forrestania Nickel Operation, which could enhance their sulphide development strategy. Concurrently, Medallion’s Ravensthorpe Gold Project has reported promising drilling results and received substantial interest from potential copper concentrate offtake parties, alongside a positive environmental assessment outcome, bolstering the company’s strategic positioning and growth potential.

Medallion Metals to Present at Gold Coast Gold Conference
Apr 15, 2025

Medallion Metals Limited announced that its Managing Director, Paul Bennett, will be providing investor updates at the Gold Coast Gold Conference. This initiative is part of the company’s strategy to engage with stakeholders and highlight its sulphide production strategy, which aims to enhance cash flow and strengthen its market position.

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: Jul 01, 2025