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Mt Monger Resources Ltd. (AU:MTM)
ASX:MTM
Australian Market

Mt Monger Resources Ltd. (MTM) AI Stock Analysis

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AU

Mt Monger Resources Ltd.

(Sydney:MTM)

32Underperform
Mt Monger Resources Ltd. is struggling financially with no revenue and increasing losses, impacting its stock negatively. Despite a strong equity position, the company faces significant challenges in generating cash and profitability. The stock is in a technical downtrend, and its valuation reflects the absence of earnings. These factors result in a low overall stock score, indicating caution for potential investors.

Mt Monger Resources Ltd. (MTM) vs. S&P 500 (SPY)

Mt Monger Resources Ltd. Business Overview & Revenue Model

Company DescriptionMt Monger Resources Ltd. (MTM) is a mineral exploration and development company based in Australia. The company focuses on identifying and developing mineral assets, primarily targeting gold, nickel, and other base metals. Mt Monger Resources operates in the mining sector, with exploration activities concentrated in Western Australia. The company's core services include geological surveys, drilling, and mineral resource estimation to discover and quantify mineral deposits.
How the Company Makes MoneyMt Monger Resources Ltd. generates revenue through the exploration and development of mineral properties. The company seeks to discover economically viable mineral deposits, which can then be sold or developed into profitable mining operations. Revenue is primarily derived from the sale of mineral assets or through joint ventures and partnerships with larger mining companies interested in developing the discovered resources. Additionally, Mt Monger Resources may earn income from royalties or production-sharing agreements if its exploration leads to successful mining operations. The company's ability to generate revenue is significantly influenced by the global demand and pricing for the minerals it targets, as well as the successful acquisition and development of promising exploration sites.

Mt Monger Resources Ltd. Financial Statement Overview

Summary
Mt Monger Resources Ltd. faces substantial financial challenges with no revenue and increasing losses. The balance sheet shows a strong equity position, but it is overshadowed by the lack of cash generation and profitability. The company needs to focus on revenue generation and cost management to improve its financial health and reduce dependency on external financing.
Income Statement
15
Very Negative
Mt Monger Resources Ltd. shows consistent negative net income, EBIT, and EBITDA across all annual reports. The absence of revenue combined with increasing losses indicates significant financial challenges and lack of profitability. The company must address its operational inefficiencies and explore revenue generation opportunities to improve its income statement performance.
Balance Sheet
40
Negative
The balance sheet indicates a strong equity base, with Stockholders' Equity consistently growing, reflecting potential resilience. However, Total Debt remains low, which is positive, but the absence of revenue and consistent losses may pose risks to sustaining equity growth. The equity ratio has improved, showing a strong capital structure with limited liabilities, but the company needs to focus on leveraging this position to generate income.
Cash Flow
20
Very Negative
Free Cash Flow has been consistently negative, indicating that the company is not generating sufficient cash from its operations to support capital expenditures or investments. The reliance on financing cash flow highlights dependency on external funding, which may not be sustainable in the long run without revenue growth and cash generation from operations.
Breakdown
TTMJun 2024Jun 2023Jun 2022Jun 2021
Income StatementTotal Revenue
0.000.000.000.000.00
Gross Profit
0.00-19.96K-18.86K-15.05K-242.00
EBIT
-3.95M-1.76M-1.28M-861.84K
EBITDA
-3.93M-1.73M-1.26M-861.60K
Net Income Common Stockholders
-3.91M-1.75M-1.28M-880.95K
Balance SheetCash, Cash Equivalents and Short-Term Investments
5.38M2.49M2.56M1.40M85.68K
Total Assets
24.73M18.71M8.92M5.52M1.61M
Total Debt
155.41K4.91K13.73K21.68K373.87K
Net Debt
-5.22M-2.49M-2.55M-1.38M288.19K
Total Liabilities
842.95K398.65K401.18K490.50K912.82K
Stockholders Equity
23.86M18.29M8.49M5.00M659.63K
Cash FlowFree Cash Flow
-4.52M-3.40M-3.05M-801.91K
Operating Cash Flow
-1.28M-1.29M-241.63K
Investing Cash Flow
-3.65M-2.12M-1.77M-560.27K
Financing Cash Flow
9.34M5.61M4.56M4.37M887.59K

Mt Monger Resources Ltd. Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price0.24
Price Trends
50DMA
0.19
Positive
100DMA
0.20
Positive
200DMA
0.14
Positive
Market Momentum
MACD
0.01
Positive
RSI
53.66
Neutral
STOCH
35.19
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:MTM, the sentiment is Neutral. The current price of 0.24 is above the 20-day moving average (MA) of 0.23, above the 50-day MA of 0.19, and above the 200-day MA of 0.14, indicating a neutral trend. The MACD of 0.01 indicates Positive momentum. The RSI at 53.66 is Neutral, neither overbought nor oversold. The STOCH value of 35.19 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for AU:MTM.

Mt Monger Resources Ltd. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (50)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
AUNST
78
Outperform
AU$26.49B22.4311.01%2.69%25.11%28.88%
AURMS
78
Outperform
$2.90B8.1926.42%3.19%54.37%310.22%
AUGOR
76
Outperform
$3.52B24.5813.42%0.66%11.93%22.74%
AUEVN
75
Outperform
$15.66B22.6516.97%1.55%60.56%302.20%
AUDEG
57
Neutral
$5.92B-0.68%-56.04%66.07%
50
Neutral
$1.98B-1.08-21.29%3.61%1.96%-30.59%
AUMTM
32
Underperform
AU$112.38M-38.25%20.80%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:MTM
Mt Monger Resources Ltd.
0.23
0.18
360.00%
AU:DEG
De Grey Mining Ltd
2.46
1.26
105.00%
AU:EVN
Evolution Mining
7.87
3.90
98.44%
AU:NST
Northern Star Resources Ltd
18.88
4.23
28.90%
AU:GOR
Gold Road Resources Ltd
3.29
1.64
98.79%
AU:RMS
Ramelius Resources Limited
2.55
0.53
26.11%

Mt Monger Resources Ltd. Corporate Events

MTM Critical Metals Advances Red Mud Recycling and Demonstration Plant Development
Apr 14, 2025

MTM Critical Metals Ltd reported significant advancements in its operations for the quarter ending March 31, 2025. The company signed a non-binding MOU with Vedanta Ltd to explore the repurposing of Red Mud, a by-product of alumina refining, using its FJH technology. This initiative could unlock a massive opportunity in critical metals recovery, aligning with India’s industrial waste reuse policies. Additionally, MTM progressed on its 1TPD demonstration plant in Texas, finalizing process design and beginning equipment procurement, with plans to commission by Q4 2025. The company also achieved breakthroughs in rare earth elements processing and metal recovery from refinery waste, positioning itself to address U.S. supply chain vulnerabilities.

MTM Critical Metals Updates Executive Remuneration to Align with Market Standards
Apr 11, 2025

MTM Critical Metals Limited has announced revised executive remuneration packages for its Managing Director and CEO, Michael Walshe, and the President and Managing Director of its USA subsidiary, Flash Metals USA Inc., Steve Ragiel. These revisions align with market expectations and include incentive packages that reflect industry benchmarks and shareholder interests. The adjustments recognize the significant shareholder value added under their leadership and aim to incentivize future business development and value accretion. Shareholder approval will be sought for long-term incentives, and some previously issued securities are proposed to be canceled.

MTM Critical Metals Unveils Innovative Metal Recovery Technology
Apr 10, 2025

MTM Critical Metals Ltd has released an investor presentation highlighting its innovative approach to metal recovery using advanced technology. The announcement emphasizes the high-risk nature of mineral exploration and development, and the company cautions that there are no guarantees of discovering economically viable deposits. The presentation also notes that while the company’s exploration results comply with the JORC Code in Australia, they may not meet international standards, such as the Canadian NI 43 101 Standards. Stakeholders are advised to exercise caution and conduct their own due diligence.

MTM Critical Metals Secures Key E-Scrap Supply Agreements to Boost U.S. Operations
Apr 9, 2025

MTM Critical Metals Ltd has secured a second long-term supply agreement with Plastic Recycling Inc., a leading U.S. recycler, to provide up to 400 tonnes per year of high-value electronic scrap. This agreement, along with an existing one, ensures a total of over 1,100 tonnes per year of guaranteed feedstock, supporting MTM’s U.S. operations and technology rollout. The secured supply de-risks MTM’s commercial pathway, ensuring reliable feedstock for its Flash Joule Heating processing, enhancing its credibility in offtake discussions, and positioning the company as a significant player in the U.S. critical materials recovery sector.

MTM Critical Metals to Host Investor Webinar on Flash Joule Heating Developments
Apr 8, 2025

MTM Critical Metals Limited has announced an upcoming investor webinar to update shareholders on the latest developments in its Flash Joule Heating technology, focusing on recent e-waste test results and supply agreements. This technology promises to revolutionize metal recovery by offering a more economical and environmentally friendly alternative to traditional methods, potentially impacting the company’s operations and positioning in the metal recovery industry.

MTM Critical Metals Secures Supply Agreement and Achieves Breakthrough in E-Waste Metal Recovery
Apr 8, 2025

MTM Critical Metals Ltd has announced a significant advancement in metal recovery from electronic waste, achieving ultra-high-grade gold and silver recovery rates using their Flash Joule Heating technology. The company has secured a five-year supply agreement with Dynamic Lifecycle Innovations, ensuring a consistent feedstock supply for their U.S. operations. This agreement, along with interest from the U.S. Department of Defence, positions MTM as a leader in the E-Waste recycling market, enhancing their credibility and de-risking their commercial rollout. The breakthrough in metal recovery and secured supply chain are pivotal for MTM’s strategic partnerships and long-term growth in the industry.

MTM Critical Metals Initiates Trading Halt Pending Key Announcement
Apr 7, 2025

MTM Critical Metals Limited has requested a trading halt on its securities pending an announcement regarding the results of metal recovery tests using its Flash Joule Heating technology. This development could have significant implications for the company’s operations and market positioning, as the successful recovery of precious metals from electronic waste could enhance its competitive edge and appeal to environmentally conscious stakeholders.

MTM Critical Metals Issues Shares for Engineering Services in Strategic Move
Mar 31, 2025

MTM Critical Metals Limited has issued 345,012 ordinary shares to KnightHawk Engineering as payment for engineering services related to the development of the company’s Flash Joule Heating prototype. This issuance, part of a placement announced earlier in March, reflects MTM’s strategic focus on advancing its innovative metal recovery technology, which could significantly impact the industry by offering a more economical and environmentally friendly alternative to traditional methods.

MTM Critical Metals Reports Increased Revenue but Faces Net Loss Amid Development Investments
Mar 14, 2025

MTM Critical Metals Ltd reported its financial results for the half-year ending December 31, 2024, showing a significant increase in revenue by 64% compared to the previous year. Despite this, the company experienced a net loss of over $3.2 million, attributed to increased expenditures on the development of their Flash Joule Heating processing system and related engineering activities. The company’s assets grew by 32% due to capitalized R&D and exploration expenditures, while liabilities also increased due to heightened engineering activities. A notable post-reporting event was KnightHawk Engineering converting part of their success fee into equity, reflecting ongoing strategic partnerships.

MTM Partners with Vedanta for Red Mud Recycling Breakthrough
Mar 13, 2025

MTM Critical Metals Ltd has announced a strategic partnership with Vedanta Ltd, a major player in the global metals industry, to explore the recycling of Red Mud using MTM’s Flash Joule Heating technology. This collaboration aims to transform Red Mud into valuable resources, including critical metals and sustainable cement inputs, potentially redefining waste management in the aluminium industry and offering significant environmental and economic benefits.

MTM Critical Metals Announces Trading Halt for Major Collaboration
Mar 11, 2025

MTM Critical Metals Limited has requested a trading halt on its securities pending an announcement of a major commercial collaboration with a multinational resources company. This collaboration will utilize MTM’s Flash Joule Heating technology to address a waste stream, with details expected to be finalized during the trading halt period.

MTM Critical Metals Advances Towards Commercialization with Key Engineering Milestone
Mar 2, 2025

MTM Critical Metals Ltd has completed the process design for its 1-ton-per-day Flash Joule Heating Demonstration Plant, marking a significant step towards commercializing its innovative metal recovery technology. This milestone ensures the company is on track to begin operations by the end of 2025, with procurement of key equipment underway and strong engagement with industrial partners in Texas and Louisiana for site selection. The plant aims to validate the technology at scale, paving the way for larger modular units and strategic partnerships, positioning MTM as a leader in sustainable innovation for a resource-secure future.

MTM Critical Metals Ltd Achieves Breakthrough in Sustainable Metal Recovery
Feb 11, 2025

MTM Critical Metals Ltd has achieved a major breakthrough in the recovery of gallium and germanium from semiconductor industry waste using its proprietary Flash Joule Heating (FJH) technology. This advancement positions MTM at the forefront of the critical metals market by offering a sustainable, cost-effective alternative to traditional recovery methods, amid tightening global supply chains influenced by geopolitical factors. The technology’s high recovery rates and environmentally friendly process enhance MTM’s strategic market positioning and economic opportunities, bolstered by its partnerships with industry leaders like Indium Corporation.

Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

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.