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Mithril Resources Ltd
(Sydney:MTH)
Mithril Resources Ltd (MTH) vs. iShares MSCI Australia ETF (EWA)
Mithril Resources Ltd Business Overview & Revenue Model
Mithril Resources Ltd Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 1.98K | 1.92K | 25.61K | 3.35K |
| Gross Profit | -66.29K | -66.29K | -62.93K | -53.39K | -17.61K | -17.89K |
| EBITDA | -2.05M | -2.05M | -1.29M | -2.04M | -795.94K | -1.67M |
| Net Income | -2.12M | -2.12M | -1.60M | -2.10M | -632.30K | -1.69M |
Balance Sheet | ||||||
| Total Assets | 50.76M | 50.95M | 32.92M | 31.02M | 28.41M | 21.78M |
| Cash, Cash Equivalents and Short-Term Investments | 14.19M | 11.06M | 1.50M | 568.53K | 2.27M | 2.92M |
| Total Debt | 0.00 | 0.00 | 34.74K | 10.52K | 0.00 | 0.00 |
| Total Liabilities | 1.02M | 870.67K | 446.75K | 393.35K | 690.88K | 822.04K |
| Stockholders Equity | 49.74M | 50.08M | 32.48M | 30.63M | 27.72M | 20.96M |
Cash Flow | ||||||
| Free Cash Flow | -1.95M | -1.95M | -3.41M | -3.08M | -6.86M | -6.30M |
| Operating Cash Flow | -1.95M | -1.95M | -1.35M | 1.35K | -265.78K | -1.45M |
| Investing Cash Flow | -8.18M | -8.18M | -2.06M | -3.09M | -6.09M | -4.86M |
| Financing Cash Flow | 19.69M | 19.69M | 4.34M | 1.37M | 6.38M | 8.03M |
Mithril Resources Ltd Technical Analysis
Mithril Resources 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% | |
48 Neutral | AU$116.25M | -18.81 | ― | ― | ― | 54.26% | |
45 Neutral | AU$41.91M | -10.09 | -13.23% | ― | ― | -86.89% | |
45 Neutral | AU$187.36M | -13.53 | -11.80% | ― | ― | -88.89% | |
44 Neutral | AU$93.63M | -7.68 | -8.61% | ― | ― | 42.69% | |
44 Neutral | AU$326.99M | -43.24 | -24.97% | ― | ― | 15.91% | |
43 Neutral | AU$57.60M | -16.00 | -16.10% | ― | ― | 36.62% |
Mithril Resources Ltd Corporate Events
Mithril Silver and Gold Limited has commenced a 3,300-metre maiden drill programme at Target 3 within its Copalquin gold-silver district in Mexico, following high-grade channel sampling at the historic El Jabali workings. The campaign, part of 25,000 metres of drilling planned for the first half of 2026, aims to test the continuity and scale of mineralisation across what the company views as a large, highly prospective epithermal system, while drilling at Targets 1 and 5 continues and a drone magnetic survey over Copalquin and La Dura is set to begin, underscoring an intensified, district-scale exploration push that could shape future resource estimates and project development.
The most recent analyst rating on (AU:MTH) stock is a Hold with a A$0.56 price target. To see the full list of analyst forecasts on Mithril Resources Ltd stock, see the AU:MTH Stock Forecast page.
Mithril Silver and Gold is accelerating work at its Copalquin gold-silver project in Mexico, mobilizing a third drill rig and planning an expanded 25,000-metre exploration program for 2026 across multiple high-grade targets. The company reports strong progress at Targets 1, 3 and 5, with encouraging drill and channel sampling results, and plans further drilling ahead of a 2026 resource update, while also advancing regional work with LiDAR and planned airborne magnetic surveys over Copalquin and the newly acquired La Dura concession, positioning the company for continued growth despite ongoing assay laboratory delays.
Mithril Resources Ltd has announced its acquisition of the La Dura Gold-Silver property, further strengthening its portfolio in the Sierra Madre region. This strategic move is expected to enhance Mithril’s exploration capabilities and potentially increase its resource estimates, positioning the company for growth and increased stakeholder value.
Mithril Silver and Gold Limited has announced a proposed issue of 50,000 ordinary fully paid securities, with the issuance date set for December 11, 2025. This move is part of a placement or other type of issue, which could impact the company’s operations by potentially increasing its capital base and enhancing its market position within the mining industry.
Mithril Silver and Gold Limited has announced a purchase option to acquire the La Dura gold-silver property, adjacent to its flagship Copalquin property in Durango State, Mexico. The acquisition of La Dura, which includes several historic mines, will expand Mithril’s land holdings and is expected to enhance its exploration capabilities. The company plans to conduct LiDAR and aerial magnetic surveys to assess the property’s potential, with further exploration work scheduled. This strategic move positions Mithril to advance its operations in the region and potentially unlock significant value for stakeholders.
Mithril Silver and Gold Limited has announced significant exploration updates from its Copalquin property in Mexico, highlighting high-grade gold and silver findings across multiple targets. The ongoing exploration efforts are expanding the district’s potential, with new drilling and sampling results supporting the development of a large, district-scale epithermal gold-silver system. The company plans to continue its exploration program with extensive drilling in 2026, aiming to further define and expand its high-grade gold-silver resources.
Mithril Silver and Gold Limited announced a change in the director’s interest, with Craig Sharpe acquiring 800,000 unquoted options through Mano Asset Management Pty Ltd. This change, approved by shareholders, reflects the company’s ongoing strategic adjustments and could impact its market positioning by potentially influencing investor confidence and stakeholder engagement.
Mithril Silver and Gold Limited announced a change in the director’s interest, with John Skeet’s indirect interest seeing the expiry of 250,000 options and the issuance of 1,800,000 new options. This adjustment, approved by shareholders, reflects a strategic move to align the interests of the director with the company’s long-term goals, potentially impacting the company’s market positioning and stakeholder relations.
Mithril Silver and Gold Limited has announced the issuance of 5,200,000 unquoted securities under an employee incentive scheme, set to expire on September 1, 2028, with an exercise price of $1.07. This move is part of the company’s strategy to incentivize employees and align their interests with the company’s growth objectives, potentially impacting its operational dynamics and stakeholder engagement.
Mithril Silver and Gold Limited announced the issuance of 150,000 ordinary shares following the exercise of options, in compliance with the Corporations Act 2001. This move, authorized by the company secretary, allows for the on-sale of these securities under specific exemptions, potentially impacting the company’s liquidity and shareholder value.
Mithril Silver and Gold Limited announced the quotation of additional securities on the ASX, with a total of 355,352 ordinary fully paid shares being issued. This move is part of the company’s strategy to enhance its market presence and potentially increase its capital base, which could have implications for its operational capabilities and stakeholder interests.
Mithril Resources Ltd has announced its participation in the Precious Metals Summit in Zurich, highlighting its fully funded status and readiness for growth. Recent activities include high-grade sampling and drilling results in the Copalquin District, with significant private placements bolstering its financial position, indicating a strong potential for expansion and increased stakeholder value.
Mithril Silver and Gold Limited has released its unaudited condensed interim financial statements for the three months ended September 30, 2025. The management has prepared these statements, which have not been reviewed by independent auditors, highlighting the company’s ongoing financial transparency and operational updates for stakeholders.
Mithril Silver and Gold Limited announced that all resolutions presented at its Annual General Meeting on November 5, 2025, were passed by a poll. This outcome reflects strong shareholder support for the company’s strategic decisions, including the re-election of directors and the approval of various securities plans. The successful resolutions are likely to enhance the company’s governance and operational capabilities, potentially impacting its market positioning positively.
Mithril Silver and Gold Limited has announced promising exploration results from its Copalquin property in Mexico, particularly at Target 5, where high-grade silver intercepts have been reported. The company is advancing its drilling operations with plans to expand exploration efforts across multiple targets, indicating significant potential for resource growth and strengthening its position within the gold-silver mining sector.
Mithril Silver and Gold Limited announced the quotation of 515,000 fully paid ordinary securities on the Australian Securities Exchange (ASX), following the exercise of options or conversion of convertible securities. This move is likely to enhance the company’s market presence and provide additional capital for its ongoing operations, potentially impacting its industry positioning and offering implications for stakeholders.