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Nagambie Resources Limited
(Frankfurt:NAG)
Nagambie Resources Limited (NAG) vs. S&P 500 (SPY)
Nagambie Resources Limited Business Overview & Revenue Model
Nagambie Resources Limited Financial Statement Overview
| Breakdown | |||||
| TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 456.62K | 274.38K | 262.58K | 251.29K | 238.91K | 235.39K | Gross Profit |
| 348.35K | 270.36K | -904.39K | -795.10K | -682.83K | -528.30K | EBIT |
| -826.18K | -1.15M | -1.90M | -1.27M | -1.21M | -1.10M | EBITDA |
| -826.18K | -1.42M | -1.89M | -1.05M | -971.51K | -934.70K | Net Income Common Stockholders |
| -1.88M | -2.79M | -3.34M | -2.34M | -1.98M | -876.49K |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 225.60K | 437.72K | 1.12M | 347.29K | 3.40M | 2.20M | Total Assets |
| 23.26M | 23.37M | 20.63M | 17.20M | 18.39M | 18.14M | Total Debt |
| 4.68M | 4.58M | 7.45M | 5.91M | 5.84M | 5.10M | Net Debt |
| 4.45M | 4.15M | 6.32M | 5.79M | 4.48M | 4.88M | Total Liabilities |
| 8.48M | 8.01M | 8.24M | 6.73M | 6.31M | 5.44M | Stockholders Equity |
| 14.78M | 15.36M | 12.39M | 10.47M | 12.08M | 12.70M |
| Cash Flow | Free Cash Flow | ||||
| -1.41M | -2.96M | -4.47M | -2.88M | -2.02M | -1.37M | Operating Cash Flow |
| -811.13K | -1.90M | -1.54M | -778.54K | -790.03K | -135.38K | Investing Cash Flow |
| -352.38K | -1.08M | -2.53M | -978.40K | -425.25K | -777.80K | Financing Cash Flow |
| 401.26K | 2.30M | 5.06M | 525.09K | 2.35M | 912.26K |
Nagambie Resources Limited Technical Analysis
Nagambie Resources Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
52 Neutral | AU$20.59M | 0.73 | -21.57% | ― | ― | -115.48% | |
50 Neutral | $1.98B | -1.06 | -21.29% | 3.61% | 1.95% | -30.61% | |
47 Neutral | AU$51.72M | ― | -57.60% | ― | ― | -300.00% | |
42 Neutral | AU$9.70M | ― | -6.39% | ― | ― | -6.25% | |
42 Neutral | AU$25.13M | ― | -164.01% | ― | -95.22% | 40.91% | |
41 Neutral | AU$15.26M | ― | -12.14% | ― | -3.23% | 51.02% |
Nagambie Resources Limited Corporate Events
Nagambie Resources Limited announced a significant discovery of an antimony-gold lode, named the C4 lode, located 130 meters east of the existing C1 lode. The discovery, made through diamond hole NAD056, revealed a high-grade intersection with an average of 40.5 g/t gold equivalent over a 1.83-meter estimated horizontal thickness. This finding is expected to significantly enhance the company’s gold equivalent ounces per vertical meter and suggests potential for further resource expansion, as the area remains largely untested. The company plans to conduct further drilling to evaluate the full extent of the C4 lode and its impact on the current JORC Inferred Resource.
Nagambie Resources Limited reported its quarterly cash flow, highlighting a net cash outflow from operating activities amounting to $272,000 for the current quarter and $753,000 year-to-date. The company also experienced a net cash outflow from investing activities of $503,000 for the quarter, primarily due to exploration and evaluation expenses. However, the company secured $600,000 in net cash from financing activities, which helped offset the operational and investment cash outflows. This financial maneuvering indicates a strategic effort to maintain liquidity and support ongoing exploration initiatives, which is crucial for the company’s growth and stability in the competitive mining sector.
Nagambie Resources Limited reported significant advancements in its antimony-gold exploration efforts at the Nagambie Mine, with new intersections indicating potential for increased gold equivalent ounces. The company joined the Defence Industrial Base Consortium, reflecting its strategic focus on antimony supply amid rising prices and demand driven by military and solar energy applications. Additionally, Nagambie reduced its convertible notes and expanded its working capital facility, positioning itself for future growth. The company is also planning a joint venture for a gold treatment plant, with funding efforts ongoing.
Nagambie Resources Limited announced that 56,193,446 of its quoted options, trading under ASX code NAGO, are set to expire on April 26, 2025. These options are significantly out of the money, with the current market price of the underlying security being substantially lower than the exercise price, indicating minimal likelihood of exercise. This situation reflects the company’s current market challenges and may impact investor sentiment.
Nagambie Resources Limited has released its half-year financial report for the period ended December 31, 2024. The report outlines changes in the company’s board, including the appointment of Kevin Perrin as Non-Executive Chairman and the resignation of Tom Quinn. These leadership changes could influence the company’s strategic direction and impact its market positioning.
Nagambie Resources Limited has released an updated investor presentation to comply with disclosure requirements, including JORC and ASX rules. The revisions provide detailed information on metal equivalents, resource category breakdowns, and the relationship of the Competent Person with the company, which may enhance transparency and investor confidence.
Nagambie Resources Limited has secured an increased loan facility of $3.0 million from PPT Nominees Pty Ltd, up from the previous $2.0 million. This additional funding will support the company’s antimony-gold resource drilling program at the Nagambie Mine and enhance its working capital. The decision to expand the loan facility was deemed the most commercially beneficial option compared to equity funding or third-party loans. The loan terms include a 10% annual interest rate, security over company assets, and the ability to repay without penalty. The ASX has granted a waiver allowing Nagambie to secure its obligations without shareholder approval.
Nagambie Resources Limited has released an investor presentation detailing progress on its high-grade Antimony-Gold Project at the Nagambie Mine. This announcement highlights the company’s ongoing exploration efforts and its strategic focus on advancing its mining operations, which could have significant implications for its market positioning and stakeholder interests.
Nagambie Resources Limited has announced new high-grade antimony-gold intersections at its Nagambie Mine, highlighting substantial continuity in mineralized structures and the potential to significantly increase tonnage in its current Mineral Resource Estimation. The announcement comes amid a surge in antimony prices, driven by increased demand and reduced supply, which could positively impact the company’s operations and market positioning. However, the company has retracted a previous production target due to non-compliance with ASX Listing Rules, advising investors not to rely on the aspirational production targets previously disclosed.
Nagambie Resources Limited has announced significant new intersections at its Nagambie Mine, highlighting the discovery of high-grade antimony-gold deposits. These findings underscore the potential to significantly expand the company’s current Mineral Resource Estimation and come at a time of rising antimony prices driven by increased demand and supply constraints, potentially strengthening Nagambie’s market position and offering promising implications for its stakeholders.