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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 | ||||
| Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 307.34M | 235.84M | 177.90M | 160.14M | 128.25M | Gross Profit |
| 39.64M | 30.09M | -29.48M | -28.11M | -460.00K | EBIT |
| 25.20M | 4.50M | -37.69M | -35.98M | -7.86M | EBITDA |
| -5.50M | 19.45M | -25.07M | -79.54M | 1.00M | Net Income Common Stockholders |
| -59.02M | -13.48M | -50.12M | -105.50M | -11.13M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 36.57M | 12.15M | 12.02M | 13.88M | 25.45M | Total Assets |
| 243.21M | 169.00M | 129.53M | 152.27M | 202.01M | Total Debt |
| 110.10M | 101.14M | 59.61M | 67.36M | 58.40M | Net Debt |
| 73.61M | 89.07M | 47.59M | 53.48M | 32.95M | Total Liabilities |
| 202.60M | 159.04M | 110.59M | 110.27M | 79.09M | Stockholders Equity |
| 40.60M | 9.95M | 18.94M | 41.99M | 122.92M |
| Cash Flow | Free Cash Flow | |||
| -37.00K | -4.14M | -11.22M | -25.90M | -8.51M | Operating Cash Flow |
| 29.34M | 12.32M | -8.38M | -22.38M | -5.88M | Investing Cash Flow |
| -59.47M | -36.31M | -6.69M | -3.67M | 4.39M | Financing Cash Flow |
| 53.96M | 27.96M | 14.81M | 13.90M | -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 |
|---|---|---|---|---|---|---|---|
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% | |
| £6.57B | 59.20 | -3.53% | 2.79% | ― | ― | ||
| $126.79B | 11.26 | 26.20% | 3.88% | ― | ― | ||
| $100.03B | 9.99 | 21.04% | 3.29% | ― | ― | ||
43 Neutral | AU$10.79M | ― | -16.63% | ― | -73.87% | -11.11% |
Metro Mining Limited Corporate Events
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 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 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 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’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.
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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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.