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Metro Mining Limited
(Sydney:MMI)
Metro Mining Limited (MMI) vs. iShares MSCI Australia ETF (EWA)
Metro Mining Limited Business Overview & Revenue Model
Metro Mining Limited Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 370.94M | 307.34M | 235.84M | 177.90M | 160.14M | 128.25M |
| Gross Profit | 72.63M | 35.46M | 12.95M | -31.53M | -30.14M | -2.72M |
| EBITDA | 65.31M | 19.89M | 19.45M | -25.07M | -79.54M | 1.00M |
| Net Income | 134.81M | -22.00M | -13.48M | -50.12M | -105.50M | -11.13M |
Balance Sheet | ||||||
| Total Assets | 357.34M | 243.21M | 169.00M | 129.53M | 152.27M | 202.01M |
| Cash, Cash Equivalents and Short-Term Investments | 28.70M | 36.57M | 12.15M | 12.02M | 13.88M | 25.45M |
| Total Debt | 108.26M | 110.10M | 101.14M | 59.61M | 67.36M | 58.40M |
| Total Liabilities | 194.40M | 202.60M | 159.04M | 110.59M | 110.27M | 79.09M |
| Stockholders Equity | 162.94M | 40.60M | 9.95M | 18.94M | 41.99M | 122.92M |
Cash Flow | ||||||
| Free Cash Flow | 50.09M | -37.00K | -142.00K | -11.22M | -25.90M | -8.51M |
| Operating Cash Flow | 62.33M | 29.34M | 12.32M | -1.19M | -22.38M | -5.88M |
| Investing Cash Flow | -23.41M | -59.47M | -36.31M | -6.69M | -3.67M | 4.39M |
| Financing Cash Flow | -18.78M | 53.96M | 27.96M | 7.62M | 9.16M | -4.80M |
Metro Mining Limited Technical Analysis
Metro Mining Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
80 Outperform | AU$1.09B | 7.85 | 33.38% | ― | 45.73% | 716.15% | |
77 Outperform | AU$550.44M | 13.73 | 7.01% | 5.45% | 16.86% | 3.03% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
51 Neutral | AU$427.76M | 3.17 | 145.87% | ― | 45.56% | ― | |
48 Neutral | AU$584.23M | -32.58 | -7.50% | ― | ― | 51.47% | |
47 Neutral | AU$384.09M | -25.39 | -179.67% | ― | -100.00% | -6.00% | |
44 Neutral | AU$494.91M | -16.90 | -45.39% | ― | ― | -91.89% |
Metro Mining Limited Corporate Events
Metro Mining Limited reported record calendar-year shipments of 6.2 million wet metric tonnes (WMT) of bauxite from its Bauxite Hills Operation in 2025, a 9% increase on the prior year and in line with revised guidance. December 2025 shipments reached 543,000 WMT, a record for the month and 16% higher year-on-year, despite weather-related disruptions and a delayed final vessel. Mine production stopped on 3 January with stockpiled ore sufficient to load the final vessel, while the company has begun its wet-season maintenance program, which includes dry docking of the OFT Ikamba barge around 20 January. Metro closed the year with A$57 million in cash against A$62 million of senior debt, underscoring a solid liquidity position as it enters the seasonal shutdown and plans for the next operating cycle.
The most recent analyst rating on (AU:MMI) stock is a Buy with a A$0.15 price target. To see the full list of analyst forecasts on Metro Mining Limited stock, see the AU:MMI Stock Forecast page.
Metro Mining Limited has issued 12,216,607 unquoted performance rights under its employee incentive scheme, as notified to the ASX via an Appendix 3G filing dated 18 December 2025, with an issue date of 15 December 2025. The large grant of unquoted performance rights underscores the company’s ongoing reliance on equity-linked incentives to align employee interests with shareholder value and may contribute to future dilution if the rights vest and convert to ordinary securities.
The most recent analyst rating on (AU:MMI) stock is a Buy with a A$0.15 price target. To see the full list of analyst forecasts on Metro Mining Limited stock, see the AU:MMI Stock Forecast page.
Metro Mining Limited announced the cessation of 10,300,583 performance rights due to the lapse of conditional rights, as the conditions were not met. This cessation could impact the company’s capital structure and may influence stakeholder perceptions regarding the company’s operational performance and future prospects.
The most recent analyst rating on (AU:MMI) stock is a Hold with a A$0.07 price target. To see the full list of analyst forecasts on Metro Mining Limited stock, see the AU:MMI Stock Forecast page.
Metro Mining Limited has announced the issuance of 32,258,178 performance rights as part of an employee incentive scheme. This move is likely aimed at motivating and retaining employees, potentially impacting the company’s operational efficiency and aligning employee interests with shareholder value.
The most recent analyst rating on (AU:MMI) stock is a Hold with a A$0.07 price target. To see the full list of analyst forecasts on Metro Mining Limited stock, see the AU:MMI Stock Forecast page.
Metro Mining Limited announced a successful operational update for November 2025, with 783 thousand Wet Metric Tonnes (WMT) of bauxite shipped, marking a 6.5% increase from the previous month. Despite challenges from Tropical Cyclone Fina and maintenance activities, the company remains on track to meet its annual guidance of 6.2 to 6.6 million WMT. This operational success, including a record capesize vessel loading, underscores Metro Mining’s robust performance and its strategic positioning in the bauxite industry.
The most recent analyst rating on (AU:MMI) stock is a Hold with a A$0.07 price target. To see the full list of analyst forecasts on Metro Mining Limited stock, see the AU:MMI Stock Forecast page.
Metro Mining Limited has announced that Pinnacle Investment Management Group Limited and its subsidiaries have ceased to be substantial holders in the company as of November 17, 2025. This change in substantial holding could impact Metro Mining’s shareholder structure and influence, potentially affecting its market strategy and stakeholder interests.
The most recent analyst rating on (AU:MMI) stock is a Buy with a A$0.10 price target. To see the full list of analyst forecasts on Metro Mining Limited stock, see the AU:MMI Stock Forecast page.
Metro Mining Limited reported that its Bauxite Hills Operation shipped 735 thousand Wet Metric Tonnes (WMT) of bauxite in October 2025, which is 5.5% lower than the previous month. The year-to-date shipments total 4.84 million WMT, and the company remains on track to meet its guidance of 6.2 to 6.6 million WMT for the calendar year 2025. The operations faced a temporary setback due to a barge loading facility failure, but it was quickly repaired, minimizing impact on output. The announcement underscores Metro Mining’s operational resilience and its strategic positioning in the bauxite industry, despite minor disruptions.
The most recent analyst rating on (AU:MMI) stock is a Buy with a A$0.10 price target. To see the full list of analyst forecasts on Metro Mining Limited stock, see the AU:MMI Stock Forecast page.
Metro Mining Limited has released an investor update that highlights the company’s ongoing operations and future expectations. The update emphasizes the company’s focus on maintaining accurate and current information about its resources and reserves, while also acknowledging the potential risks and uncertainties that could impact its financial performance and operational outcomes.
The most recent analyst rating on (AU:MMI) stock is a Buy with a A$0.10 price target. To see the full list of analyst forecasts on Metro Mining Limited stock, see the AU:MMI Stock Forecast page.
Metro Mining Limited announced a change in the director’s interest, with Paul Thomas Lucas acquiring 150,000 ordinary shares through an on-market trade, increasing his total holdings to 1,087,561 shares. This acquisition reflects a strategic move by the director, potentially indicating confidence in the company’s future prospects and stability, which could positively influence stakeholder perception.
The most recent analyst rating on (AU:MMI) stock is a Buy with a A$0.10 price target. To see the full list of analyst forecasts on Metro Mining Limited stock, see the AU:MMI Stock Forecast page.
Metro Mining Limited announced a change in the director’s interest, with Director Douglas Ritchie acquiring 250,000 additional ordinary shares through an on-market purchase. This acquisition increases Ritchie’s indirect holding via Pleiades Partners Pty Ltd, reflecting confidence in the company’s prospects and potentially impacting investor perceptions positively.
The most recent analyst rating on (AU:MMI) stock is a Buy with a A$0.10 price target. To see the full list of analyst forecasts on Metro Mining Limited stock, see the AU:MMI Stock Forecast page.
Metro Mining Limited announced an upcoming webinar for shareholders, where CEO Simon Wensley will discuss the operational activities at the Bauxite Hills Mine over the past quarter. This initiative reflects Metro Mining’s commitment to transparency and stakeholder engagement, potentially strengthening its market position and fostering investor confidence.
The most recent analyst rating on (AU:MMI) stock is a Buy with a A$0.10 price target. To see the full list of analyst forecasts on Metro Mining Limited stock, see the AU:MMI Stock Forecast page.
Metro Mining Limited reported a record quarterly shipment of 2.25 million wet metric tonnes (WMT) of bauxite, marking a 6% year-on-year increase and a 33% rise from the previous quarter. Despite facing logistical challenges and an unplanned outage, the company has revised its 2025 production forecast to between 6.2 and 6.6 million WMT. The bauxite market remains robust, with strong demand from China, although supply has moderated. Metro’s operational improvements and cost reductions have resulted in a healthy site EBITDA margin, and the company has been granted Project of Regional Significance status, allowing for future expansion.
The most recent analyst rating on (AU:MMI) stock is a Buy with a A$0.10 price target. To see the full list of analyst forecasts on Metro Mining Limited stock, see the AU:MMI Stock Forecast page.