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Metro Mining Limited (AU:MMI)
ASX:MMI

Metro Mining Limited (MMI) AI Stock Analysis

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AU

Metro Mining Limited

(Sydney:MMI)

Rating:53Neutral
Price Target:
AU$0.00
▼(-100.00%Downside)
Metro Mining Limited's overall stock score is driven primarily by positive technical analysis, with bullish price momentum, albeit with overbought indicators suggesting caution. Despite strong revenue growth, significant challenges in profitability and high leverage weigh heavily on the financial performance score. The negative P/E ratio and lack of dividend yield further impact the valuation score, emphasizing the need for improved financial health to enhance stock attractiveness.

Metro Mining Limited (MMI) vs. iShares MSCI Australia ETF (EWA)

Metro Mining Limited Business Overview & Revenue Model

Company DescriptionMetro Mining Limited, together with its subsidiaries, operates as an exploration and mining company in Australia and China. The company explores for coal and bauxite ores. Its flagship project is the Bauxite Hills Mine property covering an area of approximately 1,900 square kilometers located to the north of Weipa on Western Cape York. The company was formerly known as MetroCoal Limited and changed its name to Metro Mining Limited in December 2014. Metro Mining Limited was incorporated in 2006 and is headquartered in Brisbane, Australia.
How the Company Makes MoneyMetro Mining Limited generates revenue through the extraction and sale of bauxite, a key raw material used in the production of aluminum. The company's primary revenue stream comes from long-term supply contracts with major aluminum producers, ensuring a steady demand for its product. Additionally, Metro Mining's strategic location and cost-effective mining operations help in maintaining competitive pricing, which enhances profit margins. The company may also engage in partnerships or joint ventures to expand its market reach and optimize its mining processes, further contributing to its financial performance.

Metro Mining Limited Financial Statement Overview

Summary
Metro Mining Limited shows strong revenue growth with a 64.8% increase from 2023 to 2024, indicating positive sales momentum. However, persistent unprofitability, negative net income, and high leverage with a debt-to-equity ratio of 2.71 present significant financial risks. Improvements in operating cash flow are noted, but negative free cash flow indicates challenges in covering capital expenditures, necessitating cautious financial management.
Income Statement
45
Neutral
Metro Mining Limited's revenue growth is positive, with a 64.8% increase from 2023 to 2024, indicating strong sales momentum. However, the company has been consistently unprofitable, with negative net income for the past several years. The gross profit margin improved to 10.2% in 2024, but the net profit margin remains negative. Overall, the income statement reflects growth but with ongoing profitability challenges.
Balance Sheet
38
Negative
The company's debt-to-equity ratio has significantly increased to 2.71 in 2024, suggesting high leverage and potential financial risk. Despite this, equity has improved, reflecting better asset management or capital infusion. The equity ratio is relatively low at 16.7%, indicating a high reliance on debt. The balance sheet shows some improvement in equity but remains highly leveraged, posing a risk to financial stability.
Cash Flow
50
Neutral
Operating cash flow showed improvement, increasing significantly from 2023 to 2024. However, free cash flow remains negative, indicating challenges in generating cash after capital expenditures. The operating cash flow to net income ratio is positive, suggesting efficient cash generation relative to earnings. Cash flow performance shows improvements in operations but challenges in covering capital expenditures.
Breakdown
Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income StatementTotal Revenue
307.34M235.84M177.90M160.14M128.25M
Gross Profit
39.64M30.09M-29.48M-28.11M-460.00K
EBIT
25.20M4.50M-37.69M-35.98M-7.86M
EBITDA
-5.50M19.45M-25.07M-79.54M1.00M
Net Income Common Stockholders
-59.02M-13.48M-50.12M-105.50M-11.13M
Balance SheetCash, Cash Equivalents and Short-Term Investments
36.57M12.15M12.02M13.88M25.45M
Total Assets
243.21M169.00M129.53M152.27M202.01M
Total Debt
110.10M101.14M59.61M67.36M58.40M
Net Debt
73.61M89.07M47.59M53.48M32.95M
Total Liabilities
202.60M159.04M110.59M110.27M79.09M
Stockholders Equity
40.60M9.95M18.94M41.99M122.92M
Cash FlowFree Cash Flow
-37.00K-4.14M-11.22M-25.90M-8.51M
Operating Cash Flow
29.34M12.32M-8.38M-22.38M-5.88M
Investing Cash Flow
-59.47M-36.31M-6.69M-3.67M4.39M
Financing Cash Flow
53.96M27.96M14.81M13.90M-4.80M

Metro Mining Limited Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.07
Price Trends
50DMA
0.05
Positive
100DMA
0.06
Positive
200DMA
0.05
Positive
Market Momentum
MACD
<0.01
Negative
RSI
90.02
Negative
STOCH
91.67
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:MMI, the sentiment is Positive. The current price of 0.07 is above the 20-day moving average (MA) of 0.06, above the 50-day MA of 0.05, and above the 200-day MA of 0.05, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 90.02 is Negative, neither overbought nor oversold. The STOCH value of 91.67 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:MMI.

Metro Mining Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (51)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
AUMMI
53
Neutral
AU$408.57M-87.03%30.32%-22.58%
51
Neutral
$2.04B-1.21-21.10%3.95%2.90%-30.45%
GBS32
£6.57B59.20-3.53%2.79%
$126.79B11.2626.20%3.88%
$100.03B9.9921.04%3.29%
AUABX
43
Neutral
AU$10.79M-16.63%-73.87%-11.11%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:MMI
Metro Mining Limited
0.07
0.03
75.00%
GB:S32
South32
144.60
-39.87
-21.61%
BHPLF
BHP Group Ltd
25.60
-2.18
-7.85%
RTNTF
Rio Tinto Limited
70.43
-6.06
-7.92%
AU:ABX
ABx Group Limited
0.04
-0.01
-20.00%

Metro Mining Limited Corporate Events

Metro Mining Announces Director’s Interest Changes
Jun 4, 2025

Metro Mining Limited has announced a change in the director’s interest, specifically involving Simon Wensley. The notice details the acquisition of 33,860,174 performance rights under various incentive plans and the disposal of 6,500,000 ordinary shares. These changes reflect the company’s ongoing commitment to aligning management incentives with shareholder interests, potentially impacting the company’s operational strategies and market positioning.

The most recent analyst rating on (AU:MMI) stock is a Buy with a A$0.13 price target. To see the full list of analyst forecasts on Metro Mining Limited stock, see the AU:MMI Stock Forecast page.

Pinnacle Investment Acquires Significant Stake in Metro Mining
Jun 4, 2025

Pinnacle Investment Management Group Limited has become a substantial holder in Metro Mining Limited, acquiring a 5.04% voting power with 307,534,695 ordinary fully paid shares as of May 30, 2025. This acquisition signifies a notable investment in Metro Mining, potentially impacting its market dynamics and signaling confidence in its operational prospects.

The most recent analyst rating on (AU:MMI) stock is a Buy with a A$0.13 price target. To see the full list of analyst forecasts on Metro Mining Limited stock, see the AU:MMI Stock Forecast page.

Metro Mining Issues Performance Rights to Employees
Jun 4, 2025

Metro Mining Limited announced the issuance of 33,860,174 performance rights under an employee incentive scheme, which are not intended to be quoted on the ASX. This move is part of the company’s strategy to incentivize employees, potentially enhancing operational performance and aligning employee interests with company growth objectives.

The most recent analyst rating on (AU:MMI) stock is a Buy with a A$0.13 price target. To see the full list of analyst forecasts on Metro Mining Limited stock, see the AU:MMI Stock Forecast page.

Metro Mining Achieves 26% Increase in May Bauxite Shipments
Jun 4, 2025

Metro Mining Limited reported a significant operational milestone with a 26% year-on-year increase in bauxite shipments for May 2025, totaling 671,934 Wet Metric Tonnes (WMT). Despite weather-related challenges affecting barge operations, the company remains on track to meet its annual shipment target of 6.5 to 7.0 million WMT, showcasing resilience in its operations and maintaining its industry position.

The most recent analyst rating on (AU:MMI) stock is a Buy with a A$0.13 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 Highlights Operational Strategies and Risks at AGM
May 23, 2025

Metro Mining Limited’s recent presentation at their Annual General Meeting emphasized the company’s current operational status and future strategies. The presentation highlighted the company’s commitment to transparency and detailed the risks and uncertainties that could impact future performance, such as market fluctuations and regulatory changes. Stakeholders are advised to consider these factors when evaluating the company’s prospects.

The most recent analyst rating on (AU:MMI) stock is a Buy with a A$0.13 price target. To see the full list of analyst forecasts on Metro Mining Limited stock, see the AU:MMI Stock Forecast page.

Metro Mining Achieves Record Growth and Sustainability Milestones in 2024
May 23, 2025

In 2024, Metro Mining Limited achieved significant milestones, including the completion of a $36 million expansion project, which increased its production capacity and resulted in a 24% year-on-year increase in shipped production. The company also improved its financial position by raising equity, repaying debt, and refinancing at lower interest rates, leading to a 30% increase in revenue and a 300% rise in market capitalization. Despite challenges such as inclement weather and economic uncertainty, Metro Mining focused on sustainability, safety, and stakeholder engagement, earning national recognition for its environmental efforts.

The most recent analyst rating on (AU:MMI) stock is a Buy with a A$0.13 price target. To see the full list of analyst forecasts on Metro Mining Limited stock, see the AU:MMI Stock Forecast page.

Metro Mining’s Director Increases Stake Through Share Acquisition
May 20, 2025

Metro Mining Limited has announced a change in the director’s interest, with Andrew Lloyd acquiring additional ordinary shares. The acquisition, which involved converting vested performance rights into shares, reflects a strategic move to compensate the director through equity, potentially aligning his interests with those of the company and its shareholders.

The most recent analyst rating on (AU:MMI) stock is a Buy with a A$0.13 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 Issues New Securities Under Employee Incentive Scheme
May 20, 2025

Metro Mining Limited has announced the issuance of 1,097,567 fully paid ordinary securities, which will be quoted on the ASX. This move is part of an employee incentive scheme, indicating the company’s efforts to enhance employee engagement and align their interests with the company’s growth objectives.

The most recent analyst rating on (AU:MMI) stock is a Buy with a A$0.13 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 Announces Quotation of New Securities
May 20, 2025

Metro Mining Limited has announced the application for quotation of 5,145,556 ordinary fully paid securities on the Australian Securities Exchange (ASX). This move is part of an employee incentive scheme, potentially enhancing the company’s market presence and offering benefits to its stakeholders by aligning employee interests with company performance.

The most recent analyst rating on (AU:MMI) stock is a Buy with a A$0.13 price target. To see the full list of analyst forecasts on Metro Mining Limited stock, see the AU:MMI Stock Forecast page.

Metro Mining Updates Bauxite Hills Mine Reserves and Resources
May 20, 2025

Metro Mining Limited has released an update on its JORC Ore Reserve and Resource estimates for the Bauxite Hills Mine, reflecting mining activities during 2024. The update shows no new reserves or resources added due to a lack of exploration activities. The total ore reserves stand at 77.7 million wet tonnes with an alumina content of 49.8% and silica content of 13.3%, while total resources are estimated at 114.4 million dry tonnes with an alumina content of 48.8% and silica content of 14.2%. This update indicates a stable reserve and resource base, which is crucial for the company’s ongoing operations and its ability to meet market demands.

The most recent analyst rating on (AU:MMI) stock is a Buy with a A$0.13 price target. To see the full list of analyst forecasts on Metro Mining Limited stock, see the AU:MMI Stock Forecast page.

Metro Mining Announces Director’s Share Transfer
May 14, 2025

Metro Mining Limited announced a change in the director’s interest notice involving Douglas Ritchie. The change involved the transfer of 5,201,404 ordinary shares from Mr. Ritchie to his family trust, Pleiades Partners Pty Ltd, with an estimated value of AUD$265,271. This transfer does not alter the total number of securities held by Mr. Ritchie, as the shares are now held by the family trust. The announcement reflects internal adjustments in shareholding without impacting the company’s overall operations or market positioning.

The most recent analyst rating on (AU:MMI) stock is a Buy with a A$0.14 price target. To see the full list of analyst forecasts on Metro Mining Limited stock, see the AU:MMI Stock Forecast page.

Metro Mining Achieves Record Bauxite Shipments Amidst Challenging Conditions
May 5, 2025

Metro Mining Limited reported a record shipment of 424,730 Wet Metric Tonnes (WMT) of bauxite from its Bauxite Hills Operation in April 2025, marking a 12% increase compared to April 2024. Despite challenging weather conditions, the company has maintained its operational targets and is on track to meet its annual shipment guidance of 6.5 to 7.0 million WMT, demonstrating resilience and effective management in adverse conditions.

Metro Mining Achieves Record Q1 Bauxite Shipments Amid Strategic Upgrades
Apr 28, 2025

Metro Mining Limited reported a record Q1 2025 with 184,000 WMT of bauxite shipped, generating $9 million in FOB revenue. The company completed significant upgrades to its mining and marine assets, enhancing reliability and positioning itself to benefit from strong bauxite demand and price increases. With a target of 6.5 to 7.0 million WMT for 2025, Metro Mining is poised to leverage its strategic offtake agreements and industry-leading cost position amid volatile market conditions.

Metro Mining Limited Releases 2024 Annual Report
Apr 24, 2025

Metro Mining Limited has released its Annual Report for 2024, detailing its financial performance, sustainability initiatives, and corporate governance practices. The report provides insights from the Chairman and CEO, highlighting the company’s strategic direction and operational achievements. It also includes comprehensive financial statements and disclosures, reflecting the company’s commitment to transparency and accountability.

Metro Mining Limited Announces 2025 Annual General Meeting
Apr 22, 2025

Metro Mining Limited has announced its 2025 Annual General Meeting, scheduled for May 23, 2025, at the Amora Hotel in Brisbane. The meeting will provide shareholders with an overview of the company’s achievements in the past year and outline its strategic vision and priorities for the future. Shareholders are encouraged to participate either in person or via a webcast, although voting must be conducted through the provided voting form. This meeting is crucial for stakeholders to stay informed about the company’s direction and performance.

Metro Mining Limited Announces Quotation of New Securities
Apr 22, 2025

Metro Mining Limited has announced the application for the quotation of 1,133,333 ordinary fully paid securities on the Australian Securities Exchange (ASX). These securities are issued under an employee incentive scheme and are not subject to transfer restrictions. This move is part of the company’s strategy to enhance its market presence and provide value to its stakeholders by expanding its equity base.

Metro Mining Announces 2025 AGM and Key Reporting Dates
Apr 7, 2025

Metro Mining Limited has announced the details of its 2025 Annual General Meeting, scheduled for May 23, 2025, in Brisbane, along with key reporting dates for the year. The company will release its half-year financial results on August 31, 2025, and quarterly activity reports will follow within a month after each quarter ends. This announcement is part of Metro Mining’s ongoing efforts to maintain transparency and engagement with its stakeholders.

Metro Mining Commences 2025 Production Season with Strong Start
Apr 2, 2025

Metro Mining Limited has successfully mobilized its Bauxite Hills Mine and Marine Divisions, completing re-commissioning and commencing the 2025 production season. The company shipped 184k WMT in Q1 2025 and aims to ship between 6.5 to 7.0 million WMT for the year. Investments in operational practices and equipment have enabled early commencement and reduced environmental risks. Despite alumina price corrections, bauxite prices remain resilient, with Q2 2025 cargo pricing agreed at a 20% premium to Q4 2024.

Metro Mining Hosts Shareholder Webinar for Operational and Market Insights
Mar 13, 2025

Metro Mining Limited is hosting a webinar for shareholders, led by CEO Simon Wensley and CFO Nathan Quinlin, to provide updates on the Bauxite Hills Mine operations and insights into the bauxite and aluminium markets. This initiative reflects Metro Mining’s efforts to engage stakeholders and provide transparency about its operational strategies and market positioning, potentially impacting investor confidence and market perception.

Metro Mining Completes Maintenance, Targets Increased Bauxite Shipments in 2025
Mar 13, 2025

Metro Mining Limited has successfully completed a A$7 million maintenance program for its Bauxite Hills Operation and Marine Divisions, enabling an early start to the 2025 production season. The company is targeting shipments of 6.5 to 7.0 million WMT for the year, with a 25% increase in Q2 pricing negotiations compared to Q4 2024. Despite volatility in the bauxite market, demand remains strong, driven by new Chinese refinery capacity and a decline in domestic supply in China.

Metro Mining Director Increases Shareholding, Signaling Confidence
Mar 13, 2025

Metro Mining Limited announced a change in the director’s interest, with Paul Thomas Lucas acquiring 387,468 ordinary shares through on-market purchases, increasing his total holdings to 817,561 shares. This acquisition reflects a strategic move by the director, potentially indicating confidence in the company’s future performance and stability, which may positively influence stakeholder perceptions and market positioning.

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.