Mt Monger Resources Ltd. (MTM) AI Stock Analysis

• Market Cap: AU$618.44M
• Dividend Yield: N/A
• Average Volume (3M): 8.09M
• Price to Earnings (P/E): ―
• Beta (1Y): 4.88
• Revenue Growth: N/A
• EPS Growth: -186.15%
• Country: US
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Other Precious Metals
• EPS (TTM): -0.06
• Shares Outstanding: 644,207,700
• 10 Day Avg. Volume: 8,646,901
• 30 Day Avg. Volume: 8,089,796
• PEG Ratio: -0.04
• Price to Book (P/B): 10.76
• Price to Sales (P/S): 2753.60
• P/FCF Ratio: -49.01
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: AU$1.60
• Price Target Upside: 66.67% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 50 Neutral
• Price Target: AU$0.86 ▼(-10.42% Downside)

The score is held down primarily by very weak financial performance (large losses and ongoing cash burn) and an unhelpful valuation signal (negative P/E from unprofitability). These risks are partially offset by comparatively strong recent technical momentum, with the price trading above key moving averages.

Positive Factors

Balance-sheet buffer

Positive equity and moderate leverage provide a durable financial buffer for an early-stage explorer, enabling continued funding of exploration programs without immediate insolvency risk. This balance-sheet headroom supports option value in resource discovery over the next several months.

Jurisdictional & commodity exposure

Operating in Western Australia gives access to an established mining services ecosystem and supportive regulatory framework, improving project execution odds. Exposure to precious metals offers structural demand support that can preserve long-term project economics if resources are defined.

Exploration business model optionality

A lean, exploration-focused model concentrates capital on high-potential prospect work, creating asymmetric upside from discovery events. This option-like profile can materially re-rate fundamentals if drilling success converts targets into definable, fundable resources over a multi-month development timeline.

Negative Factors

Deep operating losses

Sustained, large operating losses indicate the core activities are not yet revenue-generative at scale, eroding shareholder capital and making long-term project funding harder. Persistent negative margins reduce resilience to exploration setbacks and increase reliance on external financing.

Chronic negative cash flow

Consistent operating and free cash flow deficits force dependence on capital markets or asset sales to sustain operations. Over 2-6 months this raises execution risk for drill programs and increases dilution or covenant pressure, impairing the firm's ability to advance projects independently.

Rising debt & negative returns

Increasing debt alongside deeply negative returns on equity signals weakening financial efficiency; higher leverage amplifies refinancing risk and interest burden. If losses persist, debt growth can constrain flexibility and heighten the probability of dilutive capital raises or asset disposals.

Mt Monger Resources Ltd. Business Overview & Revenue Model

Company Description

Metallium Limited, through its subsidiaries, explores for mineral tenements in Western Australia. The company explores for gold, niobium, base metals, lithium, nickel, cobalt, graphite, and rare earth elements. The company was formerly known as MTM Critical Metals Limited and changed its name to Metallium Limited in July 2025. The company was incorporated in 2020 and is based in Subiaco, Australia.

How the Company Makes Money

Mt 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

Financials are very weak: FY2025 shows deep operating losses (EBIT about -30.1M), extremely negative net margin (~-330%), and persistent cash burn (operating cash flow about -4.7M; free cash flow about -5.6M). The balance sheet offers limited support with positive equity (~25.7M) and moderate leverage (debt-to-equity ~0.23), but debt has risen and ROE is sharply negative (~-129%).

Income Statement

The company remains deeply unprofitable, with large operating losses in FY2025 (EBIT of about -30.1M) and a very negative net margin (roughly -330%), indicating costs far exceed revenue. While FY2025 shows revenue of ~0.1M after several years of effectively zero revenue, the scale is too small to offset the expense base, and losses have widened materially versus FY2024.

Balance Sheet

Leverage is moderate in FY2025 (debt-to-equity ~0.23) and equity is positive (~25.7M), which provides some balance-sheet support. However, returns on equity are sharply negative (about -129% in FY2025) due to sizable losses, and debt has increased significantly versus prior years—raising risk if losses persist.

Cash Flow

Cash generation is weak, with negative operating cash flow in every year shown and a further deterioration in FY2025 (operating cash flow about -4.7M; free cash flow about -5.6M). Free cash flow was also negative across the period, implying ongoing cash burn and reliance on external funding or balance-sheet liquidity to sustain operations.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	0.00	100.53K	0.00	0.00	0.00	0.00
Gross Profit	0.00	100.53K	-19.96K	-18.86K	-15.05K	-242.00
EBITDA	-26.52M	-30.00M	-3.93M	-1.73M	-1.26M	-861.60K
Net Income	-29.56M	-33.14M	-3.91M	-1.75M	-1.28M	-880.95K
Balance Sheet
Total Assets	32.94M	32.94M	18.71M	8.92M	5.52M	1.61M
Cash, Cash Equivalents and Short-Term Investments	7.34M	7.34M	2.49M	2.56M	1.40M	85.68K
Total Debt	5.97M	5.97M	4.91K	13.73K	21.68K	373.87K
Total Liabilities	7.22M	7.22M	398.65K	401.18K	490.50K	912.82K
Stockholders Equity	25.72M	25.72M	18.29M	8.49M	5.00M	659.63K
Cash Flow
Free Cash Flow	-4.12M	-5.65M	-4.52M	-3.40M	-3.05M	-801.91K
Operating Cash Flow	-4.66M	-4.67M	-2.03M	-1.28M	-1.29M	-241.63K
Investing Cash Flow	-6.82M	-6.81M	-3.65M	-2.12M	-1.77M	-560.27K
Financing Cash Flow	16.33M	16.33M	5.61M	4.56M	4.37M	887.59K

Mt Monger Resources Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.96
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:MTM, the sentiment is Positive. The current price of 0.96 is above the 20-day moving average (MA) of 0.93, above the 50-day MA of 0.87, and above the 200-day MA of 0.73, indicating a bullish trend. The MACD of <0.01 indicates Positive momentum. The RSI at 55.62 is Neutral, neither overbought nor oversold. The STOCH value of 27.38 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:MTM.

Mt Monger Resources Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
STK	53 Neutral	AU$480.49M	1,050.00	0.41%	―	―	―
LRV	53 Neutral	AU$817.85M	-26.12	-90.88%	―	―	―
SMI	53 Neutral	AU$979.01M	-433.33	-1.99%	―	―	42.55%
29M	52 Neutral	AU$760.07M	-7.63	-8.58%	―	28.45%	79.93%
MTM	50 Neutral	AU$618.44M	-12.90	-150.61%	―	―	-186.15%
AZY	50 Neutral	AU$480.32M	-74.74	-6.04%	―	―	-76.36%

Mt Monger Resources Ltd. Corporate Events

Metallium Raises $3.05m Through Option Conversions and Issues Incentive Shares

Metallium Limited has expanded its share capital through the issue of 15,250,000 fully paid ordinary shares from the conversion of unlisted options, raising $3.05 million in cash, alongside 657,245 shares issued in lieu of engineering fees to Knight Hawk Engineering. The company has also granted 714,286 shares as a performance and retention incentive to a U.S.-based employee, and has lodged a cleansing notice under section 708A of the Corporations Act to confirm these securities can be freely traded while affirming its compliance with continuous disclosure and financial reporting obligations, which supports liquidity in its stock and underpins investor confidence in its governance and funding position.

The most recent analyst rating on (AU:MTM) stock is a Hold with a A$0.94 price target. To see the full list of analyst forecasts on Mt Monger Resources Ltd. stock, see the AU:MTM Stock Forecast page.

Metallium Seeks ASX Quotation for Incentive Shares Issued to US Employee

Metallium Limited has applied to the ASX for quotation of 714,286 new ordinary fully paid shares issued on 22 January 2026 as an incentive-based performance and retention bonus to a US-based employee. The move reflects the company’s use of equity-based compensation to retain and motivate key offshore personnel, modestly increasing the total shares on issue while aligning employee incentives with shareholder interests.

The most recent analyst rating on (AU:MTM) stock is a Hold with a A$0.92 price target. To see the full list of analyst forecasts on Mt Monger Resources Ltd. stock, see the AU:MTM Stock Forecast page.

Metallium Issues Shares to Supplier in Lieu of Cash Fees

Metallium Limited has applied to the ASX for quotation of 657,245 new fully paid ordinary shares, issued on 21 January 2026 under the company’s code MTM. The shares are being issued to supplier Knight Hawke Engineering in lieu of cash fees, indicating Metallium is using equity as a form of non-cash consideration to settle liabilities, which may help preserve cash but will marginally dilute existing shareholders.

The most recent analyst rating on (AU:MTM) stock is a Hold with a A$0.92 price target. To see the full list of analyst forecasts on Mt Monger Resources Ltd. stock, see the AU:MTM Stock Forecast page.

Metallium Seeks ASX Quotation for 15.25 Million New Shares

Metallium Limited, listed on the ASX under the code MTM, has applied for quotation of an additional 15,250,000 ordinary fully paid shares. These new securities result from the exercise or conversion of existing options or other convertible securities and are scheduled to be issued and quoted from 21 January 2026, modestly expanding the company’s listed capital base and potentially enhancing liquidity for shareholders.

The most recent analyst rating on (AU:MTM) stock is a Hold with a A$0.92 price target. To see the full list of analyst forecasts on Mt Monger Resources Ltd. stock, see the AU:MTM Stock Forecast page.

Metallium Plans Significant Equity Issue Via Appendix 3B Filing

Metallium Limited, listed on the ASX under code MTM, has lodged a notice of a proposed securities issue, indicating plans to expand its capital base through an equity transaction. The company has not provided additional operational or strategic context in this filing.

Metallium has announced a proposed placement or similar issue of up to 89,285,714 new fully paid ordinary shares, with an expected issue date of 27 January 2026, as disclosed in its Appendix 3B submission to the ASX. This sizeable capital raising could materially increase the company’s share count, potentially providing funds for future activities while also diluting existing shareholders, depending on final pricing and use of proceeds to be detailed in subsequent disclosures.

The most recent analyst rating on (AU:MTM) stock is a Hold with a A$0.92 price target. To see the full list of analyst forecasts on Mt Monger Resources Ltd. stock, see the AU:MTM Stock Forecast page.

Metallium Raises A$75m from U.S. Institutions to Accelerate U.S. Critical Metals Push and NASDAQ Bid

Metallium Limited has completed a A$75 million strategic capital raising at A$0.84 per share, led by U.S. institutional investors with mandates in critical minerals, recycling technologies and domestic processing, increasing U.S. participation on its register and supporting its U.S.-focused critical metals processing strategy. The funds will be directed toward commissioning and expanding processing capacity at its Gator Point Technology Campus in Texas, securing feedstock underpinned by a long-term Glencore e-scrap agreement, growing its U.S. workforce, advancing deployment of its Flash Joule Heating technology across red mud, gallium and rare earth feedstocks, and positioning the company for commercial scale-up and a planned NASDAQ listing in the third quarter of 2026.

The most recent analyst rating on (AU:MTM) stock is a Hold with a A$0.92 price target. To see the full list of analyst forecasts on Mt Monger Resources Ltd. stock, see the AU:MTM Stock Forecast page.

Metallium Requests ASX Trading Halt Ahead of Strategic US Capital Raising

Metallium Limited has requested and been granted a trading halt on its ASX-listed securities, effective from the start of trade on 19 January 2026, with the halt to remain in place until either the release of a pending announcement or the commencement of normal trading on 21 January 2026. The halt is tied to a forthcoming announcement on a strategic US capital raising, signalling that the company is seeking to tap US investors to bolster its funding base, which could have implications for its growth plans, capital structure and visibility among North American stakeholders once details are disclosed.

The most recent analyst rating on (AU:MTM) stock is a Hold with a A$0.92 price target. To see the full list of analyst forecasts on Mt Monger Resources Ltd. stock, see the AU:MTM Stock Forecast page.

Metallium Secures First Binding E-Scrap Supply Deal with Glencore to Power U.S. Scale-Up

Metallium Limited has secured its first binding, multi-year electronic-scrap supply contract with Glencore, under which up to 2,400 tonnes per annum of PCB-rich e-scrap will be delivered to its U.S. operations. The deal underpins the commercial commissioning and planned scale-up of Metallium’s Flash Joule Heating processing lines at its Texas Technology Campus by providing reliable feedstock, enabling predictable reactor utilisation and multi-line expansion, and marking the company’s transition from project development into commercial execution. By locking in long-term feedstock from a global Tier-1 recycler, Metallium strengthens its position in the rapidly evolving U.S. critical-materials recycling market, supports domestic onshoring of high-value metal recovery, and sets a foundation for further agreements, including a separate binding offtake arrangement now being finalised.

The most recent analyst rating on (AU:MTM) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Mt Monger Resources Ltd. stock, see the AU:MTM Stock Forecast page.

Metallium Shares Halted Pending Material Feedstock Supply Agreement Update

Metallium Limited has requested and been granted a trading halt on its ASX-listed securities, pending the release of an announcement about a material feedstock supply agreement. The halt will remain in place until either the company releases the anticipated announcement or normal trading resumes on Tuesday, 6 January 2026, signaling that Metallium is finalising a potentially significant supply deal that could impact its operational outlook and is ensuring the market is fully informed before trading continues.

The most recent analyst rating on (AU:MTM) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Mt Monger Resources Ltd. stock, see the AU:MTM Stock Forecast page.

Metallium Begins Commissioning at Texas Campus After First Successful Chlorine Flash

Metallium Limited has commenced formal commissioning at its Texas Technology Campus in Chambers County, Texas, after safely completing the first chlorine flash using its proprietary Flash Joule Heating technology, a key step in de-risking its U.S. critical-metals recovery platform. A three-crucible demonstration line is now fully operational for feedstock qualification, process optimisation and customer testing, while a key environmental Permit-by-Rule from the Texas Commission on Environmental Quality has been secured, enabling broader plant commissioning. Commissioning is progressing across utilities, feedstock handling, environmental control and safety systems under a structured dry and wet program, supporting a staged ramp-up to Stage-1 nameplate capacity of 8,000 tonnes per annum of inbound PCB e-waste by the third quarter of 2026. Initial operations will target recovery of gold, copper, silver and tin from PCB feedstocks, with advanced planning for a future gallium and germanium line and negotiations for long-term PCB feedstock supply agreements underway, underpinning Metallium’s scale-up strategy and strengthening its position in the critical-metals recycling sector.

The most recent analyst rating on (AU:MTM) stock is a Buy with a A$1.60 price target. To see the full list of analyst forecasts on Mt Monger Resources Ltd. stock, see the AU:MTM Stock Forecast page.

Metallium Limited Resumes Trading with New US Partnership

Metallium Limited, a company listed on the Australian Securities Exchange, has announced a significant development in its operations. The company will resume trading following a new collaboration with a United States partner to enhance its critical-metals recovery technology, which could potentially strengthen its market position and attract new funding.

The most recent analyst rating on (AU:MTM) stock is a Buy with a A$1.60 price target. To see the full list of analyst forecasts on Mt Monger Resources Ltd. stock, see the AU:MTM Stock Forecast page.

Metallium Partners with ElementUSA to Boost U.S. Critical Metals Supply

Metallium Ltd has entered into a binding Letter of Intent with ElementUSA to collaborate on recovering gallium and scandium from red mud in Louisiana, USA. This partnership involves the deployment of Metallium’s Flash Joule Heating technology, supported by up to $10.1 million in non-dilutive funding, to develop a demonstration facility at the Gramercy alumina refinery. The agreement marks a significant step for Metallium, enhancing its role in the U.S. critical minerals sector and establishing a commercial framework that includes technology license fees, royalties, and revenue sharing. This initiative aligns with broader efforts to strengthen domestic processing capabilities for critical materials, offering Metallium a scalable pathway to commercialize its technology and diversify its operations.

The most recent analyst rating on (AU:MTM) stock is a Buy with a A$1.60 price target. To see the full list of analyst forecasts on Mt Monger Resources Ltd. stock, see the AU:MTM Stock Forecast page.

Metallium Limited Requests Voluntary Suspension Amid Major Collaboration Talks

Metallium Limited has requested a voluntary suspension of its securities on the ASX due to pending announcements regarding a significant collaboration and funding arrangement with a US partner. This suspension will remain until the company can provide further details, highlighting the importance of this development in its critical-metals recovery technology operations.

The most recent analyst rating on (AU:MTM) stock is a Buy with a A$1.60 price target. To see the full list of analyst forecasts on Mt Monger Resources Ltd. stock, see the AU:MTM Stock Forecast page.

Metallium Limited Initiates Trading Halt Ahead of Major Collaboration Announcement

Metallium Limited has requested a trading halt on its securities pending an announcement about a significant collaboration and funding arrangement with a U.S. partner. This development is related to the company’s critical-metals recovery technology, which could have substantial implications for its operations and market positioning.

The most recent analyst rating on (AU:MTM) stock is a Buy with a A$1.60 price target. To see the full list of analyst forecasts on Mt Monger Resources Ltd. stock, see the AU:MTM Stock Forecast page.

Metallium Limited Issues New Unquoted Securities

Metallium Limited has announced the issuance of unquoted securities, specifically options expiring on November 29, 2027, with an exercise price of $0.18. This issuance involves a total of 1,567,644 securities, indicating a strategic move to potentially raise capital or incentivize stakeholders, which could impact the company’s financial positioning and market strategy.

The most recent analyst rating on (AU:MTM) stock is a Buy with a A$1.60 price target. To see the full list of analyst forecasts on Mt Monger Resources Ltd. stock, see the AU:MTM Stock Forecast page.

Metallium Ltd. Announces Vesting of CEO’s Performance Rights

Metallium Limited, trading under ASX: MTM and OTCQX: MTMCF, announced the vesting of 2,500,000 Performance Rights for its Managing Director and CEO, Michael Walshe, as part of the company’s Equity Incentive Plan. These rights, which can be converted into fully paid ordinary shares, were vested due to continuous employment for 12 months. This development signifies a step in Metallium’s commitment to rewarding its leadership, potentially impacting its operational dynamics and stakeholder interests.

The most recent analyst rating on (AU:MTM) stock is a Buy with a A$1.60 price target. To see the full list of analyst forecasts on Mt Monger Resources Ltd. stock, see the AU:MTM Stock Forecast page.

Metallium Limited Announces Quotation of New Securities on ASX

Metallium Limited has announced the application for quotation of 3,635,288 ordinary fully paid securities on the Australian Securities Exchange (ASX). This move involves the issuance of new securities as a result of options being exercised or convertible securities being converted, which could potentially enhance the company’s market liquidity and investor interest.

The most recent analyst rating on (AU:MTM) stock is a Buy with a A$1.60 price target. To see the full list of analyst forecasts on Mt Monger Resources Ltd. stock, see the AU:MTM Stock Forecast page.

Metallium Ltd Secures Shareholder Support at AGM

Metallium Ltd announced that all resolutions, except one which was withdrawn, were passed at their Annual General Meeting, indicating strong shareholder support for the company’s strategic initiatives. This outcome reinforces Metallium’s operational plans and its commitment to advancing its innovative metal recovery technologies, potentially enhancing its market position and stakeholder value.

The most recent analyst rating on (AU:MTM) stock is a Buy with a A$1.40 price target. To see the full list of analyst forecasts on Mt Monger Resources Ltd. stock, see the AU:MTM Stock Forecast page.

Metallium Ltd Advances with Texas Site Acquisition and AGM Presentation

Metallium Ltd has announced the presentation of its Managing Director at the 2025 Annual General Meeting, highlighting the company’s advancements in metal recovery technology. The acquisition of a commercial site in Texas marks a significant step towards production and revenue generation, strengthening its position in the industry and aligning with U.S. supply chain goals.

The most recent analyst rating on (AU:MTM) stock is a Buy with a A$1.40 price target. To see the full list of analyst forecasts on Mt Monger Resources Ltd. stock, see the AU:MTM Stock Forecast page.

Metallium Ltd to Launch U.S. ADR Program and Pursue Nasdaq Listing

Metallium Ltd has announced plans to establish an American Depositary Receipt (ADR) program and pursue a Nasdaq listing to enhance its presence in the U.S. capital market. This strategic move is driven by growing U.S. investor interest and aligns with Metallium’s expanding operations in Texas, where its flagship facility will process metals-rich waste and recover specialty metals. The Nasdaq listing is expected to increase Metallium’s visibility and accessibility, broadening its shareholder base and supporting its growth strategy in critical-metals recovery.

The most recent analyst rating on (AU:MTM) stock is a Buy with a A$1.40 price target. To see the full list of analyst forecasts on Mt Monger Resources Ltd. stock, see the AU:MTM Stock Forecast page.

Metallium Ltd Withdraws Auditor Appointment Resolution from AGM Agenda

Metallium Ltd has announced the withdrawal of Resolution 8, concerning the ‘Appointment of Auditor,’ from its upcoming Annual General Meeting agenda. This decision follows a review of the company’s commercial arrangements and ongoing needs, while all other resolutions will proceed as planned. Shareholders have been assured that proxy forms already submitted remain valid for the remaining resolutions, and the company has expressed apologies for any inconvenience caused.

The most recent analyst rating on (AU:MTM) stock is a Buy with a A$1.40 price target. To see the full list of analyst forecasts on Mt Monger Resources Ltd. stock, see the AU:MTM Stock Forecast page.

Metallium Secures Exclusive Rights to Transform Heavy Rare Earth Processing

Metallium Limited has secured exclusive rights to apply its Flash Joule Heating technology to the Harts Range Project in Australia, significantly enhancing the concentration of rare earth elements dysprosium and terbium in raw ore. This agreement positions Metallium at the forefront of Western heavy-rare-earth refining, offering a potential high-impact opportunity for U.S. defense and magnet supply chains by reducing processing complexity and capital intensity.

The most recent analyst rating on (AU:MTM) stock is a Buy with a A$1.40 price target. To see the full list of analyst forecasts on Mt Monger Resources Ltd. stock, see the AU:MTM Stock Forecast page.

New Frontier Minerals Partners with Metallium for Advanced Rare Earth Processing

New Frontier Minerals Limited, in collaboration with Metallium Ltd, has developed an innovative processing pathway for heavy rare earth elements (REE) from the Harts Range project. This partnership aims to supply the US magnet and defense sectors with enriched rare earth materials. The binding agreement grants Metallium exclusive rights to apply its Flash Joule Heating technology to the Harts Range ore, resulting in significant upgrades in rare earth oxide concentrations, particularly dysprosium and terbium. This advancement positions New Frontier favorably in the rare earth market, potentially enhancing shareholder value and opening new commercial opportunities.

The most recent analyst rating on (AU:MTM) stock is a Buy with a A$1.40 price target. To see the full list of analyst forecasts on Mt Monger Resources Ltd. stock, see the AU:MTM Stock Forecast page.

Metallium Ltd Issues 8 Million Shares to Boost Operations

Metallium Ltd has issued 8,000,000 ordinary fully paid shares without disclosure under Part 6D.2 of the Corporations Act, as part of a performance rights exercise. This issuance is exempt from on-sale restrictions under section 708A(5) of the Act, and the company has complied with necessary provisions and disclosure rules. This move is part of Metallium’s broader strategy to enhance its operational capabilities and market positioning, potentially impacting stakeholders by advancing its production and revenue generation goals.

The most recent analyst rating on (AU:MTM) stock is a Buy with a A$1.40 price target. To see the full list of analyst forecasts on Mt Monger Resources Ltd. stock, see the AU:MTM Stock Forecast page.

Metallium Limited Issues 8 Million New Securities on ASX

Metallium Limited has announced the issuance of 8,000,000 ordinary fully paid securities, which will be quoted on the Australian Securities Exchange (ASX) under the code MTM. This move, resulting from the exercise of options or conversion of other convertible securities, is expected to enhance the company’s liquidity and market presence, potentially impacting its operational capabilities and stakeholder interests.

The most recent analyst rating on (AU:MTM) stock is a Buy with a A$1.40 price target. To see the full list of analyst forecasts on Mt Monger Resources Ltd. stock, see the AU:MTM Stock Forecast page.

Metallium Ltd Directors Increase Stake in the Company

Metallium Ltd announced that Steve Ragiel, President and Managing Director of Flash Metals USA, Inc., has exercised 8 million performance rights. Additionally, John Hannaford and Michael Walshe, directors of the company, have acquired shares through on-market purchases. These actions indicate a potential increase in confidence and investment in the company by its leadership, which could positively impact its market positioning and stakeholder interests.

The most recent analyst rating on (AU:MTM) stock is a Buy with a A$1.40 price target. To see the full list of analyst forecasts on Mt Monger Resources Ltd. stock, see the AU:MTM Stock Forecast page.

Metallium Limited Announces Vesting of Performance Rights

Metallium Limited has announced the vesting of 16,000,000 Performance Rights for its key executives under the company’s Equity Incentive Plan. This milestone reflects the company’s stock performance, as the 5-day volume-weighted average price reached $1.00 and maintained this level, allowing the rights to be converted into ordinary shares by 2030, potentially impacting executive compensation and shareholder value.

The most recent analyst rating on (AU:MTM) stock is a Buy with a A$1.40 price target. To see the full list of analyst forecasts on Mt Monger Resources Ltd. stock, see the AU:MTM Stock Forecast page.

Metallium Limited Announces 2025 Annual General Meeting

Metallium Limited has announced its Annual General Meeting (AGM) scheduled for November 28, 2025, at the Duxton Hotel in Perth. The company emphasizes the importance of shareholder participation, offering options for proxy voting and encouraging electronic communication to reduce environmental impact.

The most recent analyst rating on (AU:MTM) stock is a Buy with a A$1.40 price target. To see the full list of analyst forecasts on Mt Monger Resources Ltd. stock, see the AU:MTM Stock Forecast page.

Metallium Ltd Issues Shares to Support Strategic License Agreement

Metallium Ltd has announced the issuance of 50,000 ordinary shares related to an amendment of the Flash Joule Heating License agreement. This issuance, completed without disclosure under the Corporations Act, is part of the company’s strategic efforts to enhance its operations and aligns with its focus on efficient metal recovery. The shares were issued at a price of $0.67 each, reflecting the closing price on the amendment’s effective date. This move is expected to bolster Metallium’s position in the industry by leveraging its patented technology and expanding its market presence, particularly in the U.S., where it has recently secured a commercial site.

The most recent analyst rating on (AU:MTM) stock is a Buy with a A$1.40 price target. To see the full list of analyst forecasts on Mt Monger Resources Ltd. stock, see the AU:MTM Stock Forecast page.

Metallium Limited Announces Quotation of New Securities

Metallium Limited has announced the application for the quotation of 50,000 ordinary fully paid securities on the ASX, as part of an amendment to an agreement initially announced in May 2024. This move is related to the ‘Flash Joule Heating License Agreement Completed’ and is expected to enhance the company’s market presence by increasing its available securities for trading.

The most recent analyst rating on (AU:MTM) stock is a Buy with a A$1.40 price target. To see the full list of analyst forecasts on Mt Monger Resources Ltd. stock, see the AU:MTM Stock Forecast page.