Maronan Metals Ltd (MMA) AI Stock Analysis

• Market Cap: N/A
• Dividend Yield: N/A
• Average Volume (3M): 198.95K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.28
• Revenue Growth: N/A
• EPS Growth: 18.62%
• Country: AU
• Employees: 3
• Sector: Basic Materials
• Sector Strength: 65
• Industry: Other Precious Metals
• EPS (TTM): -0.03
• Shares Outstanding: 201,252,820
• 10 Day Avg. Volume: 159,854
• 30 Day Avg. Volume: 198,950
• PEG Ratio: N/A
• Price to Book (P/B): 3.52
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -9.05K
• 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: 33 Underperform
• Price Target: ―

Maronan Metals Ltd struggles with significant financial instability, marked by ongoing losses and no revenue generation. The company's strong cash position is overshadowed by negative equity and cash flows. Technical indicators suggest potential bearish momentum, and valuation metrics offer little attraction due to a negative P/E ratio and no dividend yield.

Maronan Metals Ltd Business Overview & Revenue Model

Company Description

Maronan Metals Limited engages in the exploration and development of mineral resource properties in Australia. It holds 100% interests in the Maronan lead-silver copper-gold project covering an area of 38.35 square kilometers located in Carpentaria Province of Northwest Queensland. The company was incorporated in 2012 and is based in Cloncurry, Australia. Maronan Metals Limited operates as a subsidiary of Red Metal Limited.

How the Company Makes Money

Maronan Metals Ltd generates revenue through the exploration and development of mineral resources, primarily targeting lead, silver, copper, and zinc. The company makes money by extracting these metals from its mining projects and selling them on the commodities market. Key revenue streams include the sale of mineral concentrates to smelters and refineries, which process the raw materials into usable metal products. Additionally, Maronan Metals may enter into strategic partnerships or joint ventures to enhance its mining operations and optimize resource extraction, thereby increasing its earnings potential. The company's financial performance is influenced by factors such as global metal prices, extraction costs, and the successful expansion of its resource base through ongoing exploration efforts.

Maronan Metals Ltd Financial Statement Overview

Summary

Maronan Metals Ltd faces financial challenges with no revenue generation and persistent operational losses. Despite maintaining a strong cash position, the company's financial health is undermined by negative equity and cash flows, requiring strategic changes to achieve sustainability.

Income Statement

The company reported zero revenue consistently over the years, with substantial negative EBITDA and EBIT figures indicating ongoing operational losses. The net profit margin is undefined due to the absence of revenue, reflecting the company's struggle to generate income.

Balance Sheet

The company maintains a strong cash position, with cash and cash equivalents covering total liabilities. However, the company has negative equity in previous years, indicating financial instability. The return on equity is negative due to persistent net losses, raising concerns about shareholder value creation.

Cash Flow

Free cash flow has been negative, reflecting ongoing cash burn without revenue generation. The operating cash flow is negative, indicating reliance on external financing to sustain operations. Free cash flow to net income ratio is undefined, underscoring the absence of profitability.

Breakdown	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00
Gross Profit	-66.28K	0.00	0.00	0.00	0.00
EBITDA	-5.23M	-9.25M	-1.12M	-657.83K	―
Net Income	―	-9.23M	-1.56M	-799.42K	-633.91K
Balance Sheet
Total Assets	16.19M	12.07M	19.17M	5.70M	5.69M
Cash, Cash Equivalents and Short-Term Investments	10.15M	5.93M	13.04M	10.00	10.00
Total Debt	93.36K	52.43K	121.48K	7.22M	6.43M
Total Liabilities	1.02M	1.15M	333.11K	7.23M	6.43M
Stockholders Equity	15.16M	10.92M	18.83M	-1.53M	-733.30K
Cash Flow
Free Cash Flow	-4.50M	-7.11M	-384.68K	-10.00	0.00
Operating Cash Flow	-4.49M	-7.05M	-303.39K	-10.00	0.00
Investing Cash Flow	-13.41K	-59.90K	-97.79K	0.00	0.00
Financing Cash Flow	8.72M	2.08K	13.44M	0.00	0.00

Maronan Metals Ltd Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.22
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:MMA, the sentiment is Positive. The current price of 0.22 is below the 20-day moving average (MA) of 0.22, below the 50-day MA of 0.23, and below the 200-day MA of 0.24, indicating a bullish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 57.52 is Neutral, neither overbought nor oversold. The STOCH value of 47.62 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:MMA.

Maronan Metals Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	62 Neutral	$10.28B	9.98	0.09%	2.87%	2.26%	-33.42%
RCR	42 Neutral	AU$4.39M	―	-14.99%	―	―	60.71%
BRX	39 Underperform	AU$12.96M	―	-21.08%	―	―	4.90%
CUS	36 Underperform	AU$2.73M	―	-125.14%	―	―	45.82%
DUN	34 Underperform	AU$2.04M	―	-25.98%	―	-100.00%	70.77%
MMA	33 Underperform		―	-90.50%	―	―	18.62%
MOH	28 Underperform	AU$3.73M	―	-140.65%	―	―	-117.65%

Maronan Metals Ltd Corporate Events

Maronan Metals Reports Promising Drill Results and Advances Mine Development Plans

Maronan Metals Ltd reported significant progress in its 2024 Starter Zone drill campaign, revealing strong continuity of high-grade silver-lead mineralization and promising copper-gold intercepts at the northern end of the zone. The company also lodged a Mineral Development Licence application, marking a critical step towards early mine development, and anticipates a Mineral Resource update in the June 2025 quarter.

Maronan Metals Announces Change in Director’s Holdings

Maronan Metals Ltd announced a change in the director’s interest, specifically involving Simon Bird. The change involved the lapse of 2,000,000 unexercised options that were set to expire on April 19, 2025. After this change, Simon Bird retains 2,000,000 options exercisable at 27.5 cents, expiring on November 15, 2027, and 225,000 ordinary fully paid shares held by Peregrine International Pty Ltd. This update reflects a shift in the director’s holdings, potentially impacting the company’s governance and investor perceptions.

Maronan Metals Ltd Announces Cessation of Securities

Maronan Metals Ltd announced the cessation of 10,000,000 securities due to the expiry of options without exercise or conversion, effective April 19, 2025. This development may impact the company’s capital structure and could influence stakeholder perceptions regarding the company’s financial strategies and market positioning.

Maronan Metals Advances Maronan Project Towards ‘Mine Ready’ Status

Maronan Metals Ltd presented at the Gold Coast Gold Conference, highlighting the progress of their Maronan Project, which is moving closer to being ‘mine ready’ with consistent high-grade mineralization results. The company’s recent drilling programs have yielded significant silver-lead and copper-gold intercepts, enhancing the project’s development potential and building confidence among stakeholders.

Maronan Metals Reports Promising Drilling Results at Maronan Project

Maronan Metals Ltd announced the final assay results from its 2024 drilling campaign at the Maronan Project, revealing high-grade copper-gold intercepts and strong continuity of silver-lead mineralization. The results indicate potential early mining options in the shallow Starter Zone and suggest that copper mineralization strengthens towards the northern end of the zone. The company is updating its mineral resource estimates based on the new data, moving closer to making the project ‘mine ready.’

Maronan Metals Reports Promising Drilling Results at Maronan Project

Maronan Metals Ltd has announced promising results from its 2024 drilling campaign at the Maronan Project, highlighting strong continuity of silver and lead mineralization along with potential copper and gold resources. The drilling results reinforce the project’s potential, with extensions of mineralized zones and the possibility of early mining options in the shallow Starter Zone. The company is updating its mineral resource model, which will support preliminary mining studies, indicating progress towards becoming ‘mine ready.’

Maronan Metals Achieves High-Grade Silver-Lead Concentrate Results

Maronan Metals Ltd announced successful metallurgical optimization test results for its carbonate-hosted silver-lead ore, achieving high-grade concentrates with excellent metal recoveries. The flotation testwork yielded concentrates with over 74% lead and 2900 g/t silver, with recovery rates reaching up to 95% for lead and 91% for silver. These results, achieved using standard flotation reagents, reinforce the economic potential of the ore and contribute to defining mine production parameters, potentially de-risking future projects. The findings bolster confidence in early production profiles and ongoing metallurgical characterization efforts.

Maronan Metals Advances Maronan Project Towards ‘Mine Ready’ Status

Maronan Metals Ltd presented their progress towards making the Maronan Project ‘mine ready’ at the Natural Resources Virtual Conference. The company highlighted their continued success in exploration and infill drilling, which has yielded consistent results and increased confidence in the project’s potential. This development is significant for stakeholders as it indicates a step forward in project maturity and potential early development opportunities, positioning the company favorably within the industry.