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Mithril Resources Ltd
(Sydney:MTH)
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Rating:42Neutral
Price Target:
AU$0.25
▼(-60.48% Downside)
Action:Reiterated
Date:06/26/26
The score is held down primarily by weak fundamentals (no meaningful revenue, recurring losses, and continued cash burn) and a bearish technical setup with the stock trading below major moving averages and negative MACD. A low-debt, equity-supported balance sheet provides some financial cushion, but it does not offset the lack of operating traction; valuation metrics are also unhelpful due to losses and no dividend yield data.
Positive Factors
Low leverage, sizable equity
Minimal debt and ~A$50.1m of equity reduce refinancing risk and provide a tangible funding cushion for exploration programs. This durable capital base supports multi‑period drilling and farm‑out negotiations, improving chances to advance projects without immediate debt reliance.
Negative Factors
Pre‑revenue with widening losses
No meaningful revenue and growing net losses erode equity and limit optionality over time. Persistent negative earnings reduce the company’s ability to self‑fund discoveries, increase dependence on external financing, and make multi‑year project advancement contingent on capital markets or partners.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage, sizable equity
Minimal debt and ~A$50.1m of equity reduce refinancing risk and provide a tangible funding cushion for exploration programs. This durable capital base supports multi‑period drilling and farm‑out negotiations, improving chances to advance projects without immediate debt reliance.
Read all positive factors
Mithril Resources Ltd (MTH) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$45.00M
Dividend YieldN/A
Average Volume (3M)887.62K
Price to Earnings (P/E)―
Beta (1Y)3.75
Revenue GrowthN/A
EPS GrowthN/A
CountryAU
Employees5
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)-0.03
Shares Outstanding187,487,760
10 Day Avg. Volume1,310,243
30 Day Avg. Volume887,618
Financial Highlights & Ratios
PEG Ratio0.46
Price to Book (P/B)1.17
Price to Sales (P/S)0.00
P/FCF Ratio-29.97
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Mithril Resources Ltd Business Overview & Revenue Model
Company Description
Mithril Resources Ltd. is an Australian-headquartered company focused on the discovery and advancement of mineral deposits across Mexico and Australia. Its exploration efforts target valuable resources such as gold, silver, zinc, and nickel. A key...
How the Company Makes Money
Mithril Resources does not typically generate recurring operating revenue like a producer, because it is primarily an exploration-stage company. Its funding is generally derived from capital raising activities (such as issuing equity to investors)...
Mithril Resources Ltd Financial Statement Overview
Summary
Income Statement
9
Very Negative
Balance Sheet
72
Positive
Cash Flow
18
Very Negative
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 1.98K | 1.92K | 25.61K | 3.35K |
| Gross Profit | -8.29K | -66.29K | -62.93K | -53.39K | -17.61K | -17.89K |
| EBITDA | -5.29M | -2.05M | -1.29M | -2.04M | -795.94K | -1.67M |
| Net Income | -5.00M | -2.12M | -1.60M | -2.10M | -632.30K | -1.69M |
Balance Sheet | ||||||
| Total Assets | 64.57M | 50.95M | 32.92M | 31.02M | 28.41M | 21.78M |
| Cash, Cash Equivalents and Short-Term Investments | 14.23M | 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 | 1.95M | 870.67K | 446.75K | 393.35K | 690.88K | 822.04K |
| Stockholders Equity | 62.62M | 50.08M | 32.48M | 30.63M | 27.72M | 20.96M |
Cash Flow | ||||||
| Free Cash Flow | -7.38M | -1.95M | -3.41M | -3.08M | -6.86M | -6.30M |
| Operating Cash Flow | -2.00M | -1.95M | -1.35M | 1.35K | -265.78K | -1.45M |
| Investing Cash Flow | -15.53M | -8.18M | -2.06M | -3.09M | -6.09M | -4.86M |
| Financing Cash Flow | 467.82K | 19.69M | 4.34M | 1.37M | 6.38M | 8.03M |
Mithril Resources Ltd Technical Analysis
Negative
0.62
Price Trends
0.28
Negative
0.32
Negative
0.42
Negative
Market Momentum
-0.01
Negative
42.18
Neutral
50.65
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:MTH, the sentiment is Negative. The current price of 0.62 is above the 20-day moving average (MA) of 0.25, above the 50-day MA of 0.28, and above the 200-day MA of 0.42, indicating a bearish trend. The MACD of -0.01 indicates Negative momentum. The RSI at 42.18 is Neutral, neither overbought nor oversold. The STOCH value of 50.65 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:MTH.
Mithril Resources Ltd Peers Comparison
UnderperformOutperform
Sector (61)
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% | |
49 Neutral | AU$60.35M | -20.24 | -2.34% | ― | ― | 40.68% | |
44 Neutral | AU$39.36M | -3.58 | -25.04% | ― | ― | 80.64% | |
43 Neutral | AU$43.15M | -20.44 | -4.08% | ― | ― | -33.33% | |
42 Neutral | AU$45.00M | -7.95 | -4.25% | ― | ― | ― | |
42 Neutral | AU$44.26M | -1.17 | 432.54% | ― | ― | 64.76% | |
40 Underperform | AU$5.46M | -0.47 | -27.10% | ― | ― | 58.67% |
* Basic Materials Sector Average
AU:MTH
Mithril Resources Ltd
0.24
-0.26
-52.00%
AU:AUZ
Australian Mines
0.02
0.01
100.00%
AU:COB
Cobalt Blue Holdings
0.07
<0.01
15.52%
AU:STM
Sunstone Metals Limited
0.21
-0.24
-52.89%
AU:AW1
American West Metals Ltd.
0.04
>-0.01
-10.00%
AU:EMT
eMetals Limited
0.06
-0.04
-43.43%
Mithril Resources Ltd Corporate Events
Mithril Tightens Copalquin Target 1 Resource With Mine‑Constrained Upgrade
Jul 2, 2026
Mithril Silver and Gold Limited has released an amended ASX announcement detailing an upgraded Mineral Resource Estimate for the Target 1 deposit at its Copalquin Project in Mexico. The update clarifies technical aspects such as sampling, drilling...
Mithril Silver and Gold Issues 800,000 Unquoted Employee Options
Jul 1, 2026
Mithril Silver and Gold Limited has issued 800,000 unquoted options under its employee incentive scheme, with each option expiring on 1 September 2028 and exercisable at $1.07. The options, which are subject to transfer restrictions and will not b...
Mithril Steps Up High-Grade Silver-Gold Push at Mexico’s Copalquin District
Jul 1, 2026
Mithril Silver and Gold has consolidated a series of recent exploration and drilling updates that underscore the high-grade nature and growing scale of its Copalquin District project in Mexico. The company reports extensive high-grade drill interc...
Mithril Silver and Gold Clears Resale of Newly Issued Shares Under Section 708A
Jun 17, 2026
Mithril Silver and Gold Limited has issued 50,000 new ordinary shares on 17 June 2026, and has lodged a notification under section 708A(5) of the Corporations Act 2001 to permit on-sale of these securities without a disclosure document. The compan...
Mithril Silver and Gold Seeks ASX Quotation for 50,000 New Shares
Jun 17, 2026
Mithril Silver and Gold Limited has applied to the ASX for quotation of 50,000 new ordinary fully paid shares under its MTH ticker, with an issue date of June 17, 2026. The relatively small share issuance modestly expands the company’s liste...
Mithril extends high-grade mineralisation at Copalquin ahead of resource update
Jun 9, 2026
Mithril Silver and Gold reported further strong drill results from the El Refugio and La Soledad areas at its Copalquin project, as it completes the final holes for a Target 1 resource upgrade ahead of a late-June 2026 mineral resource estimate up...
Mithril Expands High-Grade Gold-Silver Footprint at Copalquin Ahead of Resource Upgrade
May 11, 2026
Mithril Silver and Gold reported strong drilling results at its Copalquin project in Mexico, including a standout intercept of 7.00 g/t gold and 370 g/t silver over 9.65 metres at Target 1, with higher-grade sub-intervals confirming thick, continu...
Mithril Silver and Gold Flags Unaudited Interim Financials
May 8, 2026
Mithril Silver and Gold Limited has released its unaudited condensed interim consolidated financial statements for the nine months ended March 31, 2026, noting they were prepared by management in Australian dollars. The company disclosed that thes...
Mithril Advances Copalquin and La Dura as Copalquin Emerges as District-Scale Silver-Gold System
Apr 29, 2026
Mithril Silver and Gold reported strong March-quarter exploration progress at its Copalquin and La Dura projects in Mexico, underscoring Copalquin’s potential as a large, vertically extensive epithermal silver-gold district. With mineralisat...
Mithril Highlights High-Grade Growth Potential at Mexico’s Copalquin Gold-Silver District
Apr 14, 2026
Mithril Silver and Gold used its Ignite Investment Summit presentation to highlight continuing exploration success at the Copalquin gold-silver district in Mexico, where drilling, channel sampling, LIDAR studies and metallurgical work have outline...
Mithril Confirms High-Grade Silver-Gold at Copalquin as District Drilling Ramps Up
Apr 9, 2026
Mithril Silver and Gold reported high-grade and widespread silver-gold intercepts from initial drilling at Target 3 within its Copalquin project in Mexico, confirming extensive epithermal-style mineralisation over a 700-metre strike length and rei...
Mithril Silver and Gold Confirms Safety of Staff After Aircraft Incident in Mexico
Apr 8, 2026
Mithril Silver and Gold Limited reported that its managing director and CEO, John Skeet, and two employees were aboard an aircraft that sustained damage from ground gunfire while travelling from the Copalquin project in Durango to Chihuahua, Mexic...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.