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Mount Burgess Mining N.L.
(Sydney:MTB)
Mount Burgess Mining N.L. (MTB) vs. iShares MSCI Australia ETF (EWA)
Mount Burgess Mining N.L. Business Overview & Revenue Model
Mount Burgess Mining N.L. Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 727.00 | 725.00 | 381.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 727.00 | 725.00 | 381.00 | -2.84K | -2.83K | -1.01K |
| EBITDA | -560.85K | -561.34K | -395.00K | -477.00K | -249.01K | -439.48K |
| Net Income | -627.00K | -627.21K | -465.00K | -536.00K | -281.31K | -470.54K |
Balance Sheet | ||||||
| Total Assets | 3.77M | 3.77M | 3.64M | 2.95M | 3.05M | 2.64M |
| Cash, Cash Equivalents and Short-Term Investments | 240.96K | 240.96K | 367.26K | 44.05K | 453.48K | 604.28K |
| Total Debt | 1.71M | 1.71M | 1.62M | 1.10M | 1.13M | 1.22M |
| Total Liabilities | 5.17M | 5.17M | 4.75M | 4.55M | 4.21M | 4.00M |
| Stockholders Equity | -1.40M | -1.40M | -1.11M | -1.60M | -1.16M | -1.36M |
Cash Flow | ||||||
| Free Cash Flow | -170.28K | -367.61K | -472.94K | -376.47K | -574.71K | -439.95K |
| Operating Cash Flow | -136.45K | -275.50K | -284.25K | -263.13K | -257.50K | -344.29K |
| Investing Cash Flow | -56.41K | -56.41K | -152.77K | -72.39K | -308.28K | -93.92K |
| Financing Cash Flow | 205.43K | 205.43K | 760.29K | -73.59K | 415.23K | 1.02M |
Mount Burgess Mining N.L. 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% | |
45 Neutral | AU$11.23M | -7.65 | ― | ― | ― | 5.56% | |
44 Neutral | AU$5.27M | -0.42 | -78.12% | ― | ― | -349.06% | |
41 Neutral | AU$39.46M | -10.33 | -106.64% | ― | ― | -36.36% | |
40 Underperform | AU$2.75M | -3.03 | -37.62% | ― | ― | 76.76% | |
36 Underperform | AU$5.78M | -0.47 | -190.23% | ― | ― | 47.88% | |
35 Underperform | AU$7.23M | ― | -27.60% | ― | ― | 36.36% |
Mount Burgess Mining N.L. Corporate Events
Mount Burgess Mining N.L. has announced a change in the director’s interest, specifically regarding William Belbin’s indirect interest in unlisted options. The company issued 20 million unlisted options to Mr. Belbin through Camelwood Investments Pty Ltd, as approved by shareholders at the recent Annual General Meeting. This change reflects the company’s strategic decisions to align management interests with shareholder value, potentially impacting its operational and financial strategies.
Mount Burgess Mining N.L. has announced the issuance of 100 million unquoted options, including 20 million director options, with varying exercise prices and expiry dates in 2028 and 2029. This strategic move is likely to impact the company’s financial structure and could influence its market positioning by potentially increasing its capital base and aligning management interests with shareholder value.
Mount Burgess Mining NL, a company listed on the Australian Securities Exchange (ASX: MTB), has announced the appointment of Chris Marshall as the new Company Secretary, effective November 17, 2025. Chris Marshall, an experienced lawyer and company secretary, is currently serving as the company secretary for Metal Hawk Limited. This change follows the retirement of Jan Forrester, who has served in the role for 32 years, and the stepping down of Serene Chau as Joint Company Secretary. The board has expressed gratitude for their contributions and extended best wishes to Jan Forrester on her retirement.
Mount Burgess Mining NL announced that all resolutions were passed at their Annual General Meeting. Key resolutions included the adoption of the remuneration report, re-election and election of directors, approval of a 10% placement facility, and changes to the company status and name. These decisions are expected to support the company’s strategic goals and operational efficiency, potentially impacting its market positioning positively.
Mount Burgess Mining NL has announced the upcoming expiry of its unlisted options (MTBAA) on 12 December 2025. Option holders are advised to exercise their options at $0.04 per option before the expiry date to receive fully paid ordinary shares, as the current trading price of the company’s shares is $0.012.
Mount Burgess Mining N.L. has announced a change in the director’s interest, with Will Belbin acquiring 20,000,000 unquoted options as payment for services provided by the company’s corporate advisor. This change reflects a strategic move to compensate key advisors, potentially impacting the company’s financial structure and stakeholder interests.
Mount Burgess Mining N.L. has announced a change in its principal place of business and registered office address, effective from December 1, 2025. This move signifies a strategic adjustment in the company’s operations, potentially impacting its logistical and administrative functions, while maintaining its existing contact details.
Mount Burgess Mining N.L. has successfully eliminated $4.7 million in debt, with 95% forgiven by lenders and the remainder converted into equity, strengthening its financial position. Additionally, the company completed the acquisition of the Viking and Blair North gold projects in Western Australia, with plans to commence drilling in Q4 2025, potentially enhancing its market position in the gold mining sector.
Mount Burgess Mining N.L. announced a change in the director’s interest, with Director Will Belbin acquiring 1,428,571 ordinary fully paid shares valued at $10,000. This acquisition was part of a placement of shares subscribed before Belbin’s appointment as director, indicating a strategic move to align leadership interests with company performance.
Mount Burgess Mining NL has issued 128,571,428 fully paid ordinary shares at $0.007 per share following shareholder approval. This issuance was conducted without disclosure under the Corporations Act, relying on specific exemptions, and the company confirms compliance with relevant legal provisions, ensuring no restricted information is involved.
Mount Burgess Mining N.L. announced a change in the director’s interest as Harry Warries acquired 764,331 fully paid ordinary shares, valued at $12,000, in lieu of director’s fees. This transaction, approved at the company’s Extraordinary General Meeting, increases Warries’ total shareholding to 10,013,908, reflecting a strategic move to align director compensation with company performance.
Mount Burgess Mining N.L. announced a change in the director’s interest, where Harry Warries acquired 836,622 fully paid ordinary shares. This acquisition was part of a debt settlement, where approximately 5% of the debt owed to Mr. Warries was converted into shares, and the remaining debt was forgiven. This strategic move, approved at the company’s Extraordinary General Meeting, reflects a financial restructuring effort that may impact the company’s financial stability and stakeholder relations.
Mount Burgess Mining N.L. has announced the quotation of 128,571,428 fully paid ordinary securities on the Australian Securities Exchange (ASX) as of October 15, 2025. This move is part of a previously announced transaction, potentially impacting the company’s operational capacity and market positioning by increasing its capital base and enhancing liquidity for stakeholders.
Mount Burgess Mining N.L. announced the issuance of 42,400,000 unlisted options with an exercise price of $0.01, set to expire on October 13, 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.
Mount Burgess Mining NL has issued 42,400,000 Director Options to a Director and former Director, following shareholder approval at an Extraordinary General Meeting. This move is part of the company’s strategic initiatives to align the interests of its directors with those of its shareholders, potentially impacting the company’s governance and operational strategies.
Mount Burgess Mining N.L. announced the issuance of 6,207,192 ordinary fully paid shares as compensation for directors’ and company secretary fees, approved by shareholders at an extraordinary general meeting. This move is part of the company’s efforts to manage its financial obligations and maintain operational stability, potentially impacting its financial structure and shareholder value.
Mount Burgess Mining NL has issued 86,413,282 fully paid ordinary shares following shareholder approval to settle loans with a director and former directors. This move allows the company to convert debt into equity, potentially enhancing its financial stability and enabling these shares to be sold to retail investors without further disclosure.
Mount Burgess Mining N.L. announced the issuance of 4,685,563 unlisted options with varying exercise prices and expiry dates. These securities are part of a previously announced transaction and are not intended to be quoted on the ASX, potentially impacting the company’s financial strategies and stakeholder interests.
Mount Burgess Mining N.L. has announced the quotation of 86,413,282 ordinary fully paid securities on the ASX, effective October 14, 2025. This move is part of previously announced transactions and could potentially enhance the company’s liquidity and market presence, impacting its operational capabilities and stakeholder interests.
Mount Burgess Mining NL has successfully extinguished $4.686 million in legacy debt following shareholder approval, with 95% of the debt forgiven and the remaining 5% converted into equity through the issuance of shares and options. This financial restructuring strengthens the company’s balance sheet, enabling it to pursue new gold project acquisitions in alignment with its strategic plan, thereby enhancing its operational agility and market positioning.
Mount Burgess Mining NL has issued 60 million Unlisted Options to the California Group Pty Ltd and its nominees, following shareholder approval at a recent Extraordinary General Meeting. This issuance includes two classes of options, Class A and Class B, with different exercise prices and expiry dates, potentially impacting the company’s financial strategy and stakeholder interests.
Mount Burgess Mining NL has announced the issuance of 216,666,666 fully paid ordinary shares as consideration for acquiring the Viking Gold Project and the Blair North Project. This move, executed without further disclosure requirements, aims to facilitate the resale of these shares to retail investors, potentially enhancing the company’s market presence and operational capabilities.
Mount Burgess Mining N.L. has announced the quotation of 216,666,667 fully paid ordinary securities on the Australian Securities Exchange (ASX) as of October 14, 2025. This move is part of previously announced transactions and is expected to impact the company’s operations by potentially increasing its capital base and enhancing its market positioning.
Mount Burgess Mining N.L. announced the issuance of 108,333,334 unlisted options with an exercise price of $0.01, expiring on October 13, 2028. This move is part of a previously announced transaction, indicating the company’s strategic efforts to strengthen its financial position and potentially enhance shareholder value.
Mount Burgess Mining NL has issued shares and unlisted options to Metal Hawk Limited and Falcon Metals Limited to secure the acquisition of two high-grade gold projects in Western Australia, namely the Viking and Blair North projects. This move aligns with the company’s strategic plan to enhance its project pipeline and build strategic partnerships, positioning itself for future growth in the mining sector.
Mount Burgess Mining N.L. announced the issuance of 60 million unlisted options, divided into two tranches with expirations of three and four years. This strategic move aims to enhance the company’s financial flexibility and support its ongoing exploration and development activities, potentially impacting its market positioning and stakeholder interests.
Mount Burgess Mining N.L. announced changes to its Board of Directors, reflecting its strategic focus and governance needs. Jacob Thamage has resigned to concentrate on responsibilities in Botswana, while William Belbin, with extensive experience in gold and base metals exploration, has been appointed to the board. These changes are expected to support the company’s strategic direction and enhance its industry positioning.
Mount Burgess Mining NL announced that all resolutions presented at their Extraordinary General Meeting were successfully passed by poll. This includes the ratification of various share placements and approvals for new plans and potential termination benefits, which could enhance the company’s operational flexibility and strategic positioning in the mining sector.
Mount Burgess Mining N.L. has announced its upcoming Annual General Meeting, scheduled for November 17, 2025, where shareholders will discuss key resolutions, including the adoption of the Remuneration Report and a potential Spill Resolution. This meeting is significant for stakeholders as it addresses corporate governance issues and could lead to changes in the company’s board composition, impacting its strategic direction.
Mount Burgess Mining N.L. has confirmed that it is not aware of any undisclosed information that could explain recent trading activity in its securities. The company is preparing for an Extraordinary General Meeting to seek shareholder approval for the acquisition of two high-grade gold projects in Western Australia and the conversion of a portion of its legacy debt into equity. These developments have been previously disclosed and are not considered materially price sensitive. The company also confirms compliance with ASX Listing Rules and that its disclosures have been authorized under its continuous disclosure policy.
Mount Burgess Mining N.L. has released its corporate governance statement for the financial year ending June 30, 2025, which is available on their website. The statement outlines the company’s adherence to the ASX Corporate Governance Council’s principles and recommendations, including board responsibilities, director appointments, and accountability of the company secretary. This announcement highlights the company’s commitment to transparency and compliance with governance standards, which is crucial for maintaining investor confidence and operational integrity.