Top Page
Maronan Metals Ltd
(Sydney:MMA)
Maronan Metals Ltd (MMA) vs. iShares MSCI Australia ETF (EWA)
Maronan Metals Ltd Business Overview & Revenue Model
Maronan Metals Ltd Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -37.70K | -107.76K | -66.28K | 0.00 | 0.00 | 0.00 |
| EBITDA | -1.96M | -8.86M | -5.23M | -9.25M | -1.12M | -657.83K |
| Net Income | -1.96M | -8.83M | -4.54K | -9.23M | -1.56M | -799.42K |
Balance Sheet | ||||||
| Total Assets | 9.05M | 9.05M | 16.19M | 12.07M | 19.17M | 5.70M |
| Cash, Cash Equivalents and Short-Term Investments | 3.03M | 3.03M | 10.15M | 5.93M | 13.04M | 10.00 |
| Total Debt | 45.71K | 45.71K | 93.36K | 52.43K | 121.48K | 7.22M |
| Total Liabilities | 687.91K | 687.91K | 1.02M | 1.15M | 333.11K | 7.23M |
| Stockholders Equity | 8.37M | 8.37M | 15.16M | 10.92M | 18.83M | -1.53M |
Cash Flow | ||||||
| Free Cash Flow | -7.10K | -7.10M | -4.50M | -7.11M | -384.68K | -10.00 |
| Operating Cash Flow | -7.09K | -7.09M | -4.49M | -7.05M | -303.39K | -10.00 |
| Investing Cash Flow | -15.39K | -15.39K | -13.41K | -59.90K | -97.79K | 0.00 |
| Financing Cash Flow | -10.03K | -10.03K | 8.72M | 2.08K | 13.44M | 0.00 |
Maronan Metals Ltd Technical Analysis
Maronan Metals Ltd Peers Comparison
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% | |
53 Neutral | AU$25.22M | -2.32 | -26.42% | ― | ― | 13.24% | |
50 Neutral | AU$118.18M | -10.71 | -75.06% | ― | ― | -51.38% | |
48 Neutral | AU$6.95M | -3.96 | -25.70% | ― | -100.00% | 80.33% | |
46 Neutral | AU$5.36M | -3.95 | -9.21% | ― | ― | 54.74% | |
43 Neutral | AU$8.24M | -2.00 | -91.16% | ― | ― | 56.90% | |
36 Underperform | AU$8.32M | -0.74 | -145.66% | ― | ― | 34.61% |
Maronan Metals Ltd Corporate Events
Maronan Metals has completed the initial phase of its surface drilling campaign at the Maronan Silver Project in north-west Queensland, finishing four infill diamond drill holes aimed at expanding the Indicated Resource and six geotechnical holes to support mine design, including final boxcut design and a planned exploration decline. The company reports that its Mineral Development Licence application is progressing, with approval anticipated early in the new year, while assay results from the recent drilling are expected in February 2026 and further surface drilling is planned after the wet season, signalling continued momentum in advancing the project toward development amid a favourable silver price environment.
Maronan Metals Ltd has announced a change in the interests of its director, Simon Bird, involving the acquisition of 1,500,000 options exercisable at 35 cents each and expiring on 28 November 2028. These options were issued as incentive options approved by shareholders at the company’s 2025 Annual General Meeting. This change reflects the company’s ongoing efforts to align director interests with shareholder value, potentially impacting the company’s governance and strategic direction.
Maronan Metals Ltd announced the issuance of unquoted equity securities, including 6,000,000 unquoted options exercisable at $0.35 and expiring on November 28, 2028, and 1,500,000 performance rights. This move is part of the company’s strategic financial operations, potentially impacting its capital structure and offering new incentives for stakeholders.
Maronan Metals Limited announced the issuance of 6,000,000 unquoted options to its directors and 1,500,000 unquoted performance rights to its Managing Director, Richard Carlton, following shareholder approval. This move is part of the company’s strategy to incentivize leadership and align their interests with company performance, potentially impacting its operational focus and stakeholder engagement.
Maronan Metals Limited has announced the approval of its amended constitution following the 2025 Annual General Meeting. This amendment, authorized by the company’s board, reflects the latest resolutions passed by shareholders, potentially impacting the company’s governance and operational framework.
Maronan Metals Limited announced that all 12 resolutions proposed at its 2025 Annual General Meeting were successfully passed with the required majority. This outcome reflects strong shareholder support for the company’s strategic initiatives, including the re-election of directors and the approval of options issuance, which may influence the company’s governance and operational strategies moving forward.
Maronan Metals Ltd presented its plans at the 2025 AGM, emphasizing the potential of the Maronan Project to become a leading silver mine in Australia. The company highlighted its updated mineral resource estimates and preliminary economic assessments, which reinforce its strategic position in the mining sector. The announcement underscores Maronan Metals’ commitment to scaling its operations and enhancing value for its stakeholders.
Maronan Metals Ltd announced the issuance of 1,050,000 unquoted performance rights across three tranches, as part of an employee incentive scheme. This move is likely aimed at aligning employee interests with company performance, potentially impacting the company’s operational focus and stakeholder engagement.
Maronan Metals Ltd announced the issuance of 1,450,000 unquoted equity securities in the form of options expiring on November 14, 2028. These securities are part of an employee incentive scheme and are not intended to be quoted on the ASX, indicating a strategic move to retain and motivate key personnel.
Maronan Metals Limited, a company listed on the Australian Securities Exchange under the ticker MMA, has been involved in a recent Panel application process. The Takeovers Panel has allowed Mr. Benjamin Pauley to withdraw his application concerning Maronan Metals, determining that it is not against the public interest to do so. This decision concludes the matter without further public disclosure of reasons, indicating a resolution that does not necessitate further scrutiny or impact on the company’s operations.
Maronan Metals Ltd has announced a change in the director’s interest, specifically involving Simon Bird, who has increased his holdings in the company. The change includes the acquisition of 85,714 Ordinary Fully Paid Shares through a Share Purchase Plan at 35 cents per share, raising his total holdings to 310,714 shares. This move reflects a strategic decision by the director to increase his stake in the company, potentially signaling confidence in the company’s future prospects and stability.
Maronan Metals Ltd announced the application for quotation of 4,479,948 ordinary fully paid securities on the Australian Securities Exchange (ASX) as of November 4, 2025. This move is part of a previously announced transaction, potentially impacting the company’s market liquidity and investor interest by increasing the number of tradable shares.
Maronan Metals Ltd has announced an update to its previous announcement regarding the proposed issue of securities under its Share Purchase Plan. The update provides further details on the securities offering, which is intended to be quoted on the ASX. This move is part of the company’s strategy to enhance its capital base, potentially impacting its market positioning and offering new opportunities for stakeholders.
Maronan Metals Limited has successfully completed its Share Purchase Plan (SPP), raising $1.568 million through the issuance of 4,479,948 new shares at $0.35 each. This, combined with a previous $16 million placement, strengthens the company’s capital base to advance feasibility, drilling, and development activities at its Maronan Project, enhancing its readiness for mining operations.
Maronan Metals Limited has received notice from the Australian Takeovers Panel regarding a shareholder’s application concerning a recent $16 million institutional placement and share purchase plan. The allegations focus on third-party investors and brokers, with no misconduct attributed to Maronan or its directors. Similar claims were previously dismissed by the Panel in 2024. The company is also involved in ongoing Federal Court proceedings initiated by the same shareholder. Maronan remains confident in its position and continues to operate as planned, cooperating fully with regulatory processes.
Maronan Metals Limited has raised approximately $16 million through an institutional placement and plans to raise an additional $3 million via a Share Purchase Plan. However, an application has been submitted alleging undisclosed associations among placement recipients and a joint lead manager, as well as potential manipulation of share prices to facilitate a takeover. The applicant seeks to defer the Share Purchase Plan and amend or cancel the Placement, citing a lack of incentive for retail shareholders due to a drop in share price.
Maronan Metals Ltd has released its inaugural Preliminary Economic Assessment (PEA) for the Maronan Starter Zone Project, marking a significant milestone in its development. The PEA outlines strong economic cases for both standalone processing and toll treatment options, with the potential for substantial growth as only a fraction of the resource base is currently considered. The company has also executed a Memorandum of Understanding with Austral Resources for a regional toll treatment option, potentially reducing upfront capital costs. Recent financial activities include a $16M placement and a share purchase plan, alongside the recommencement of fieldwork programs.
Maronan Metals Ltd has announced its 2025 Annual General Meeting, scheduled for November 26, 2025, in Sydney. The company will not be sending physical copies of the meeting notice, opting instead for electronic distribution via its website and ASX page. Shareholders are encouraged to read the notice in full and consult advisors if needed. Proxy voting instructions must be submitted by November 24, 2025, to be valid.
Maronan Metals Ltd has announced a Share Purchase Plan (SPP) following a successful placement of shares to institutional investors, raising approximately $16 million. The SPP offers eligible shareholders the opportunity to purchase shares at the same price as the placement, aiming to raise an additional $3 million. The funds will be used for advancing feasibility studies, drilling, and development works, enhancing the company’s operational capabilities and positioning within the mining sector.
Maronan Metals Ltd has released a presentation detailing their ongoing exploration and development efforts at the Maronan Project, emphasizing the project’s potential to become a significant silver mine in Australia. The company has reported consistent and promising drilling results, which reinforce confidence in the project’s viability and potential to deliver high-value mineral resources, positioning Maronan Metals as a key player in the mining sector.
Maronan Metals Limited has completed a placement of 45,714,286 fully paid ordinary shares at $0.35 per share to institutional and professional investors. This move, announced earlier in October, aims to strengthen the company’s financial position and support its strategic initiatives. The company plans to conduct a share purchase plan and is preparing for its annual general meeting, which will include resolutions for director incentives and an increase in the issue cap for incentive schemes.
Maronan Metals Ltd has announced the issuance of 45,714,286 ordinary fully paid securities, which will be quoted on the ASX. This move is part of a previously announced transaction, potentially impacting the company’s market positioning by increasing its capital base and enhancing liquidity for stakeholders.
Maronan Metals Ltd has announced a proposed issue of securities, involving a total of 54,285,714 ordinary fully paid securities. This includes 8,571,428 securities to be issued under a securities purchase plan and 45,714,286 securities through a placement. The issuance is part of the company’s strategy to raise capital, which could potentially strengthen its financial position and support its growth initiatives in the mining sector.
Maronan Metals Ltd has successfully raised $16 million through a strongly supported institutional placement, with additional plans to offer a Share Purchase Plan (SPP) to raise up to $3 million. The funds will be used to advance feasibility and environmental studies, undertake drilling, and commence early site development, reinforcing the company’s goal of developing a significant silver mine in Australia.
Maronan Metals Limited, a company listed on the Australian Securities Exchange (ASX) under the ticker MMA, has requested a trading halt on its securities. This halt is in anticipation of an upcoming announcement regarding a capital raising, which is expected to impact the company’s financial operations and market positioning. The trading halt is set to last until the announcement is made or until the commencement of normal trading on 8 October 2025.