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Mineral Commodities Ltd
(Frankfurt:MRC)
Mineral Commodities Ltd (MRC) vs. iShares MSCI Australia ETF (EWA)
Mineral Commodities Ltd Business Overview & Revenue Model
Mineral Commodities Ltd Financial Statement Overview
| Breakdown | ||||
| Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 0.00 | 41.92M | 63.92M | 60.46M | 82.42M | Gross Profit |
| 0.00 | -16.45M | -7.50M | -3.27M | 23.65M | EBIT |
| -5.85M | -7.44M | -12.16M | -13.15M | 10.58M | EBITDA |
| -5.82M | -7.22M | -4.50M | 5.37M | 21.35M | Net Income Common Stockholders |
| -67.66M | -9.95M | -11.18M | -3.31M | 13.76M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 863.38K | 1.15M | 1.87M | 6.02M | 9.24M | Total Assets |
| 29.29M | 115.59M | 123.75M | 128.72M | 116.87M | Total Debt |
| 11.13M | 8.22M | 10.69M | 13.23M | 7.82M | Net Debt |
| 10.27M | 7.09M | 9.01M | 7.38M | 508.84K | Total Liabilities |
| 32.71M | 28.33M | 54.10M | 45.27M | 37.55M | Stockholders Equity |
| -3.42M | 62.86M | 70.53M | 83.51M | 78.75M |
| Cash Flow | Free Cash Flow | |||
| 361.67K | -10.19M | -7.67M | -16.45M | -3.91M | Operating Cash Flow |
| 382.37K | -10.14M | 1.49M | 4.75M | 3.99M | Investing Cash Flow |
| 1.32M | -6.81M | -5.63M | -14.96M | -9.33M | Financing Cash Flow |
| -1.50M | 16.74M | -340.71K | 8.36M | 1.85M |
Mineral Commodities Ltd Technical Analysis
Mineral Commodities Ltd Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
66 Neutral | $1.63B | 7.00 | 10.39% | 2.10% | -9.35% | -32.77% | |
60 Neutral | AU$8.92B | 175.55 | 2.27% | ― | -20.07% | -74.91% | |
58 Neutral | £13.49B | 59.76 | -3.53% | 3.57% | -19.74% | ― | |
51 Neutral | $2.01B | -1.26 | -21.11% | 4.38% | 2.92% | -30.46% | |
47 Neutral | $4.22B | 23.42 | -1.04% | ― | -65.07% | -102.37% | |
44 Neutral | $276.19M | ― | -33.63% | ― | -33.27% | -10.07% | |
31 Underperform | AU$25.60M | ― | ― | ― | ― |
Mineral Commodities Ltd Corporate Events
Mineral Commodities Ltd reported significant developments in its quarterly activities, including the sale of Skaland Graphite AS, ongoing negotiations to acquire full ownership of the Munglinup Graphite Project, and the provisional liquidation of its South African business. The company is advancing its battery minerals division, with continued collaboration with Mitsubishi Chemical Corporation and progress in its pilot-scale battery anode plant. These efforts align with MRC’s strategy to focus on graphite, aiming to enhance its market position in the battery anode sector.
Mineral Commodities Ltd announced an update regarding the sale of its Skaland Graphite Project to Norge Mineraler Holding AS. Despite fulfilling all conditions of the share purchase agreement, Norge Mineraler is in default of its obligation to complete the transaction. MRC has notified Norge Mineraler of the default and intends to take legal action under Norwegian law. The company will provide further updates on the transaction as developments occur.
Mineral Commodities Ltd announced the issuance of 240,000,000 options, each exercisable at $0.015 and expiring on April 9, 2028. This issuance is part of previously announced transactions and is not intended to be quoted on the ASX, potentially impacting the company’s financial strategy and stakeholder interests.
Mineral Sands Resources Pty Ltd, owned 50% by Mineral Commodities Ltd, has been placed into provisional liquidation by a court order in South Africa following an application by a secured creditor. This development may impact the operations of the Tormin Mineral Sands Project, and the company will provide further updates as the liquidation process unfolds.
Mineral Commodities Ltd reported a significant financial loss for the year ending December 31, 2024, with a loss after tax of $22,055,407, more than double the previous year’s loss. The company faced operational challenges, particularly at its Tormin Mine, which was impacted by a maritime incident leading to the cessation of operations and the appointment of business rescue practitioners. This incident, coupled with prior production delays and equipment issues, severely affected the company’s financial performance and resulted in the loss of control over its subsidiary, Mineral Sands Resources Proprietary Limited.
Mineral Commodities Ltd has announced a General Meeting of shareholders scheduled for March 10, 2025, in West Perth, Western Australia. Shareholders are invited to vote either in person or by proxy, with detailed instructions provided for each method. This meeting represents an opportunity for shareholders to engage with the company’s strategic direction and operational decisions, potentially influencing its future market positioning and stakeholder relationships.
Mineral Commodities Ltd has announced a General Meeting for shareholders to consider important resolutions, including the grant of the Au Loan Security and an acquisition. An Independent Expert’s Report by Moore Australia Corporate Finance has deemed these actions fair and reasonable for shareholders, excluding the Au Lender and its associates. This meeting is crucial for stakeholders as it involves significant financial and strategic decisions impacting the company’s operations and market positioning. The directors urge shareholders to review all documents before voting to make informed decisions.