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MetalsTech Ltd
(Sydney:MTC)
MetalsTech Ltd (MTC) vs. iShares MSCI Australia ETF (EWA)
MetalsTech Ltd Business Overview & Revenue Model
MetalsTech Ltd Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 0.00 | 0.00 | 0.00 | -3.34K | -1.44K | -4.79K |
| EBITDA | -1.03M | -2.12M | -2.48M | -6.48M | -4.15M | -3.34M |
| Net Income | -1.25M | -2.51M | -2.26M | -6.48M | 2.44M | -4.21M |
Balance Sheet | ||||||
| Total Assets | 11.51M | 11.51M | 8.84M | 8.16M | 7.21M | 7.67M |
| Cash, Cash Equivalents and Short-Term Investments | 1.62M | 1.62M | 628.40K | 816.54K | 2.18M | 283.54K |
| Total Debt | 2.23M | 2.23M | 1.30M | 27.06K | 26.27K | 1.10M |
| Total Liabilities | 5.31M | 5.31M | 2.33M | 1.09M | 1.01M | 3.01M |
| Stockholders Equity | 6.21M | 6.21M | 6.51M | 7.07M | 6.20M | 4.67M |
Cash Flow | ||||||
| Free Cash Flow | -853.89K | -1.43M | -3.09M | -4.50M | 69.14K | -3.96M |
| Operating Cash Flow | -853.01K | -1.43M | -1.78M | -2.39M | 2.82M | -2.23M |
| Investing Cash Flow | -1.03M | -1.03M | -1.31M | -2.11M | -2.18M | -2.04M |
| Financing Cash Flow | 3.47M | 3.47M | 2.90M | 3.00M | 1.38M | 3.55M |
MetalsTech Ltd Technical Analysis
MetalsTech Ltd 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% | |
53 Neutral | AU$33.05M | -16.47 | -4.46% | ― | ― | 4.49% | |
51 Neutral | AU$87.92M | -28.06 | -6.45% | ― | ― | 39.22% | |
50 Neutral | AU$36.00M | ― | <0.01% | ― | 70.19% | ― | |
49 Neutral | AU$42.60M | -12.36 | -20.13% | ― | ― | -241.18% | |
42 Neutral | AU$70.53M | -11.93 | -16.71% | ― | ― | -18.92% | |
41 Neutral | AU$62.36M | -20.63 | -39.80% | ― | ― | -4.13% |
MetalsTech Ltd Corporate Events
MetalsTech Limited has issued 17.7 million fully paid ordinary shares at 20.5 cents each, raising approximately $3.63 million as part of a broader $9.4 million placement previously announced. The new shares, which are of a class already quoted on the ASX, were issued on 20 January 2026 without a prospectus under Section 708A(5) of the Corporations Act, with the company confirming regulatory compliance and the absence of excluded information, thereby facilitating secondary trading for investors and reinforcing its access to capital markets.
The most recent analyst rating on (AU:MTC) stock is a Sell with a A$0.23 price target. To see the full list of analyst forecasts on MetalsTech Ltd stock, see the AU:MTC Stock Forecast page.
MetalsTech Ltd has applied to the ASX for quotation of 17.7 million new fully paid ordinary shares under its ticker MTC, effective 20 January 2026. The additional securities, issued following a previously announced transaction, will expand the company’s free float and may influence liquidity and ownership structure once trading in the new shares begins.
The most recent analyst rating on (AU:MTC) stock is a Sell with a A$0.23 price target. To see the full list of analyst forecasts on MetalsTech Ltd stock, see the AU:MTC Stock Forecast page.
MetalsTech Limited has announced that director Gino D’Anna ceased to be a director of the company on 13 January 2026. A final director’s interest notice lodged with the ASX confirms that D’Anna holds no relevant interests in MetalsTech securities, either directly, indirectly or through any contracts, indicating a clean exit from the board without associated shareholdings or contractual equity interests.
The most recent analyst rating on (AU:MTC) stock is a Sell with a A$0.23 price target. To see the full list of analyst forecasts on MetalsTech Ltd stock, see the AU:MTC Stock Forecast page.
MetalsTech has released an investor presentation outlining the progress and development pathway for its Sturec Gold Project, reaffirming previously disclosed resource estimates and an updated Scoping Study. The company notes it is relying on prior market announcements and confirms there is no new material information affecting its mineral resource or reserve estimates, but highlights that development of Sturec will likely require about US$75.8 million in additional funding and may involve options such as equity raising, project sale, partial sale, or joint venture, all of which could affect existing shareholders’ ownership and the company’s capital structure.
The most recent analyst rating on (AU:MTC) stock is a Hold with a A$0.27 price target. To see the full list of analyst forecasts on MetalsTech Ltd stock, see the AU:MTC Stock Forecast page.
MetalsTech Ltd has notified the ASX of a proposed placement of up to 55,406,098 new fully paid ordinary shares, to be issued on or around 12 February 2026 under an Appendix 3B filing. The capital raise, via a placement or similar structure, will expand the company’s share base and is likely aimed at strengthening its funding position, though the announcement provides no detail on use of proceeds or specific strategic initiatives tied to the new issuance.
The most recent analyst rating on (AU:MTC) stock is a Hold with a A$0.27 price target. To see the full list of analyst forecasts on MetalsTech Ltd stock, see the AU:MTC Stock Forecast page.
MetalsTech Limited has secured firm commitments to raise approximately $9.36 million via a discounted share placement, issuing 45.65 million new shares at $0.205 each, to accelerate work on its Sturec Gold Project. In parallel, the company will issue a further 9.76 million shares to convert $2 million of debt owed to Minerva Investment Company into equity, strengthening its balance sheet while funding a pre-feasibility study, additional resource and exploration drilling, environmental studies, community engagement and working capital, signaling stronger institutional support and a faster development timeline for its flagship project.
The most recent analyst rating on (AU:MTC) stock is a Hold with a A$0.27 price target. To see the full list of analyst forecasts on MetalsTech Ltd stock, see the AU:MTC Stock Forecast page.
MetalsTech Limited reported a net operating cash outflow of A$58,000 for the December 2025 quarter and A$517,000 for the first half, driven mainly by administration and corporate costs and the absence of production revenue. The company also recorded investing cash outflows of A$69,000 in the quarter and A$200,000 year-to-date on capitalised exploration and evaluation, while financing cash flows were neutral for the quarter but showed a net outflow of A$847,000 over six months, reflecting earlier equity raising, associated transaction costs and loan repayments, leaving cash and cash equivalents at A$163,000 at quarter-end and highlighting ongoing funding needs typical for exploration-stage miners.
The most recent analyst rating on (AU:MTC) stock is a Hold with a A$0.27 price target. To see the full list of analyst forecasts on MetalsTech Ltd stock, see the AU:MTC Stock Forecast page.
MetalsTech has reported strong progress on the Pre-Feasibility Study for its Sturec Gold Mine in Slovakia, with in-adit channel sampling completed and detailed metallurgical test work underway at ALS Metallurgy in Perth to underpin mine planning, recovery parameters and plant design. The substantially advanced PFS, targeted for completion in the first half of 2026, incorporates ore-sorting technologies and dry stack tailings to enhance economic recoveries and reduce environmental footprint, and is viewed by the company as a critical de-risking milestone expected to support future mine development, resource growth potential and attract strategic funding and offtake partners, supported by recent appointments of experienced technical, finance and resource sector specialists to the board.
The most recent analyst rating on (AU:MTC) stock is a Hold with a A$0.27 price target. To see the full list of analyst forecasts on MetalsTech Ltd stock, see the AU:MTC Stock Forecast page.
MetalsTech Limited has overhauled its leadership structure, appointing mining finance specialist Chris Dai as Executive Director and veteran resources banker Trevor Benson as Executive Chairman, while Gino D’Anna has stepped down from the board. The company has put in place identical executive service agreements for Benson and Dai, each with A$270,000 in annual remuneration plus substantial long-term incentives in the form of options and performance rights, including a tranche tied to completion of a Definitive Feasibility Study for the Sturec Gold Project in Slovakia, signalling a strategic push to advance its flagship asset and leverage the new executives’ extensive capital markets and cross-border deal-making experience.
The most recent analyst rating on (AU:MTC) stock is a Hold with a A$0.27 price target. To see the full list of analyst forecasts on MetalsTech Ltd stock, see the AU:MTC Stock Forecast page.
MetalsTech Limited has requested and been granted a trading halt on its securities on the ASX from 13 January 2026, with trading expected to resume by the commencement of normal trading on 15 January 2026 or upon the release of a pending announcement. The halt is tied to a forthcoming capital raising initiative, signalling that the company is preparing to secure new funding, a move that could affect its capital structure and potentially reshape investor sentiment once the details are disclosed.
The most recent analyst rating on (AU:MTC) stock is a Hold with a A$0.26 price target. To see the full list of analyst forecasts on MetalsTech Ltd stock, see the AU:MTC Stock Forecast page.
MetalsTech Limited has notified the ASX that director Clifford Fitzhenry ceased to be a director of the company on 2 January 2026. The final director’s interest notice confirms that Fitzhenry held no relevant interests in the company’s securities, either directly or indirectly, and had no interests in contracts involving company securities at the time of his departure, indicating no immediate ownership or contractual implications for shareholders arising from this board change.
The most recent analyst rating on (AU:MTC) stock is a Hold with a A$0.26 price target. To see the full list of analyst forecasts on MetalsTech Ltd stock, see the AU:MTC Stock Forecast page.
MetalsTech Limited has appointed Stuart Hutchin as a director of the company, effective 2 January 2026, formalised through an Initial Director’s Interest Notice lodged with the ASX. At the time of his appointment, Hutchin holds no relevant interests in the company’s securities or related contracts, indicating a starting position free of equity-based conflicts, which may be viewed positively by governance-focused stakeholders.
The most recent analyst rating on (AU:MTC) stock is a Hold with a A$0.26 price target. To see the full list of analyst forecasts on MetalsTech Ltd stock, see the AU:MTC Stock Forecast page.
MetalsTech Limited has announced the appointment of Michael Vincent McKeown as a director of the company, effective 2 January 2026. According to the initial director’s interest notice lodged with the ASX, McKeown currently holds no relevant interests in the company’s securities and has no interests in related contracts, indicating his role commences without an existing equity position, a point of note for shareholders monitoring board changes and potential future alignment of management and investor interests.
The most recent analyst rating on (AU:MTC) stock is a Hold with a A$0.26 price target. To see the full list of analyst forecasts on MetalsTech Ltd stock, see the AU:MTC Stock Forecast page.
MetalsTech has strengthened its board with the appointment of veteran mining professionals Michael McKeown, a geologist and mining engineer with more than five decades of multi-commodity, mine design and resource estimation experience, and Stuart Hutchin, a geologist with over 24 years’ experience across gold and other commodities who is qualified as a Competent Person and Qualified Person for JORC 2012 and NI 43-101 reporting. The appointments, alongside the resignation of director Clifford Fitzhenry, are aimed at bolstering technical oversight as MetalsTech advances the Sturec Gold Project through its pre-feasibility study, expanded exploration to grow mineable resources, and ongoing permitting, underscoring a more technically driven push toward eventual mining operations at the site.
The most recent analyst rating on (AU:MTC) stock is a Hold with a A$0.26 price target. To see the full list of analyst forecasts on MetalsTech Ltd stock, see the AU:MTC Stock Forecast page.
MetalsTech Limited has appointed Trevor Bruce Benson as a director, effective 30 December 2025, according to an initial director’s interest notice lodged with the ASX. The filing confirms that Benson currently holds no relevant interests in the company’s securities or related contracts, indicating that his role begins without any declared shareholding or contractual exposure, a point of note for investors monitoring governance and potential alignment of board and shareholder interests.
The most recent analyst rating on (AU:MTC) stock is a Hold with a A$0.26 price target. To see the full list of analyst forecasts on MetalsTech Ltd stock, see the AU:MTC Stock Forecast page.
MetalsTech Limited has appointed Zilong Dai as a director effective 30 December 2025, according to an initial director’s interest notice lodged with the ASX. At the time of appointment, Dai holds 1,989,172 ordinary fully paid shares in MetalsTech directly, with no additional indirect securities interests or contractual interests disclosed, signalling a substantial direct equity alignment with shareholders but no complex related-party or derivative arrangements identified in the filing.
The most recent analyst rating on (AU:MTC) stock is a Hold with a A$0.26 price target. To see the full list of analyst forecasts on MetalsTech Ltd stock, see the AU:MTC Stock Forecast page.
MetalsTech Limited has strengthened its board by appointing two seasoned industry executives, Zilong (Chris) Dai and Trevor Benson, as directors, bringing extensive experience in gold mining, cross-border investments, and capital markets to support the advancement of the Sturec Gold project. Dai adds deep expertise in gold project investment, financing and operations across multiple global jurisdictions, while Benson contributes more than three decades of resource and finance experience, particularly in mergers and acquisitions and equity markets across Asia, Africa, Europe and other regions, positioning the company to better navigate funding, strategic partnerships and international expansion as it progresses its flagship gold asset.
The most recent analyst rating on (AU:MTC) stock is a Hold with a A$0.26 price target. To see the full list of analyst forecasts on MetalsTech Ltd stock, see the AU:MTC Stock Forecast page.
MetalsTech Ltd has released its latest top 20 shareholders report for its ordinary fully paid shares, showing that the largest holders collectively control a significant majority of the company’s issued capital. The data reveals a highly concentrated register, with the top 20 investors owning 73.64% of the 222.15 million shares on issue, led by institutional nominee companies such as Citicorp Nominees and BNP Paribas Nominees, along with several substantial individual and private investors, underscoring strong institutional involvement and potentially amplifying the influence of a relatively small group of shareholders on corporate decisions.
MetalsTech Limited has disclosed a change in director Gino D’Anna’s relevant interests in the company’s fully paid ordinary shares, as required under ASX listing rules. The notice details that D’Anna and his related parties, including an associated entity and his spouse, have disposed of their combined shareholdings via an off-market sale, resulting in no securities being held by them after the transaction, signalling a complete exit of the director’s equity position in the company.
MetalsTech Limited has disclosed a change in director Gino D’Anna’s interests following the expiry of 2.5 million performance rights on 15 December 2025, leaving his direct holdings at 11,050,940 ordinary shares and his spouse, Rachel D’Anna, holding 7,991,000 ordinary shares. While no new shares were acquired or sold, the expired performance rights reduce D’Anna’s potential equity exposure, and the company notes that these ordinary shareholdings are in the process of being transferred off-market to Minerva Investment Company Limited, signaling a restructuring of how this substantial director-related stake is held.
MetalsTech Ltd has reported a change in director Candice Stevenson’s interests following the expiry of 150,000 performance rights held indirectly through Mandalay Mining Pty Ltd, where she serves as a director. After the lapse of these performance rights on 15 December 2025, Stevenson’s indirect holding remains at 512,812 fully paid ordinary shares in MetalsTech, with no cash consideration involved and no trades conducted during a closed period, signalling a routine adjustment to her equity-based remuneration rather than an active disposal of shares.
MetalsTech Ltd has announced the cessation of 5,450,000 performance rights due to the expiry of options or other convertible securities without exercise or conversion as of December 8, 2025. This development may impact the company’s capital structure and could have implications for its stakeholders, as it reflects a change in the company’s issued securities.
MetalsTech Limited has completed a significant transaction involving the sale of a substantial number of its securities by a non-associated group of shareholders. The transaction, which involved the sale of over 19 million ordinary shares, was executed through off-market block trades and has resulted in the receipt of cleared funds totaling approximately A$8 million. This development is expected to impact the company’s shareholder structure, with updates to the top 20 shareholders to be lodged with the ASX following the completion of the share transfers.
MetalsTech Limited announced the results of its Annual General Meeting held on 27 November 2025, where all proposed resolutions were passed via a poll. The resolutions included the adoption of the remuneration report, re-election of a director, approval of a mandate, renewal of takeover provisions, and adoption of an employee incentive securities plan. These approvals are expected to support the company’s strategic initiatives and operational goals, potentially impacting its market positioning and stakeholder interests positively.
MetalsTech Ltd has issued 100,000 fully paid ordinary shares at a deemed price of 22 cents per share as part of a strategic agreement to replace cash payments for media and strategic advice services. This move aligns with the company’s compliance with the Corporations Act, potentially enhancing its market positioning and operational flexibility.
MetalsTech Ltd has announced the issuance of 100,000 fully paid ordinary shares as compensation for marketing, corporate, and advisory services. This move is part of the company’s strategy to strengthen its market position and enhance operational capabilities, potentially impacting its growth and stakeholder engagement positively.
MetalsTech Ltd has announced its upcoming Annual General Meeting scheduled for November 27, 2025, where shareholders will vote on several key resolutions. These include the adoption of the remuneration report, the re-election of director Candice Stevenson, approval of a mandate to issue equity securities, renewal of proportional takeover provisions, and the adoption of an employee incentive securities plan. These resolutions are crucial for the company’s governance and strategic direction, potentially impacting shareholder value and company operations.