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Native Mineral Resources Holdings Ltd.
(Sydney:NMR)
Native Mineral Resources Holdings Ltd. (NMR) vs. iShares MSCI Australia ETF (EWA)
Native Mineral Resources Holdings Ltd. Business Overview & Revenue Model
Native Mineral Resources Holdings Ltd. Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 3.25K | 0.00 | 0.00 | 0.00 | 30.67K | 271.00 |
| Gross Profit | -86.89K | -86.89K | -38.23K | -44.47K | -116.31K | -7.31K |
| EBITDA | -14.84M | -14.84M | -3.67M | -3.68M | -4.56M | -3.66M |
| Net Income | -16.18M | -16.18M | -3.74M | -3.73M | -4.60M | -3.67M |
Balance Sheet | ||||||
| Total Assets | 37.92M | 37.92M | 159.62K | 565.97K | 723.97K | 2.14M |
| Cash, Cash Equivalents and Short-Term Investments | 13.47K | 13.47K | 10.46K | 306.84K | 449.96K | 2.05M |
| Total Debt | 16.57M | 16.57M | 1.13M | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 27.92M | 27.92M | 1.89M | 371.27K | 225.93K | 142.14K |
| Stockholders Equity | 10.00M | 10.00M | -1.73M | 194.70K | 498.04K | 2.00M |
Cash Flow | ||||||
| Free Cash Flow | -18.92M | -18.92M | -2.91M | -3.45M | -4.71M | -3.24M |
| Operating Cash Flow | -11.22M | -11.22M | -2.87M | -3.43M | -4.55M | -3.20M |
| Investing Cash Flow | -7.72M | -7.72M | -31.31K | -26.28K | 12.77K | -44.70K |
| Financing Cash Flow | 18.94M | 18.94M | 2.62M | 3.31M | 2.94M | 5.29M |
Native Mineral Resources Holdings Ltd. Technical Analysis
Native Mineral Resources Holdings Ltd. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
69 Neutral | AU$742.24M | 13.49 | 15.33% | ― | 6.70% | ― | |
63 Neutral | AU$218.79M | 131.43 | 1.08% | ― | ― | ― | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
51 Neutral | AU$337.77M | -16.07 | -53.29% | ― | ― | ― | |
44 Neutral | AU$140.23M | -27.46 | -34.62% | ― | ― | -10.08% | |
44 Neutral | AU$168.70M | -33.75 | -39.06% | ― | ― | 25.00% | |
43 Neutral | AU$51.03M | -1.69 | -391.48% | ― | ― | -49.48% |
Native Mineral Resources Holdings Ltd. Corporate Events
Native Mineral Resources Holdings Limited has issued a convertible note to Lind Global Fund III, LLC under a previously announced convertible securities and share placement agreement, securing an initial AUD$3 million funding commitment with the potential to draw down up to a further AUD$7 million subject to conditions. The structure includes a single convertible note with a face value of AUD$3.3 million, options for Lind and AUD$1 million in placement shares, with the board emphasising the relatively low dilution and funding cost compared with alternative financing, and using a cleansing statement so that shares issued on conversion can be freely traded by retail investors, potentially strengthening the company’s balance sheet and providing greater financial flexibility for ongoing operations.
The most recent analyst rating on (AU:NMR) stock is a Hold with a A$0.06 price target. To see the full list of analyst forecasts on Native Mineral Resources Holdings Ltd. stock, see the AU:NMR Stock Forecast page.
Native Mineral Resources Holdings Ltd. has notified the market of the issue of a new class of unquoted equity securities, including one convertible security and 7.2 million options exercisable at A$0.117 and expiring on 5 January 2029. The issuance, formalised through an Appendix 3G filing, forms part of previously announced transactions and reflects the company’s ongoing use of structured, unquoted instruments to support its capital management and funding strategy without immediately diluting its quoted share base.
The most recent analyst rating on (AU:NMR) stock is a Hold with a A$0.06 price target. To see the full list of analyst forecasts on Native Mineral Resources Holdings Ltd. stock, see the AU:NMR Stock Forecast page.
Native Mineral Resources has issued 17,123,288 new fully paid ordinary shares under its Convertible Security Funding Agreement with Lind Global Fund III LP, with the new securities ranking equally with existing shares and being issued without a disclosure document under the Corporations Act. The company confirmed compliance with its continuous disclosure obligations and clarified that current information from drilling at its Charters Towers and Ravenswood gold projects is incomplete and cannot yet be released under ASX and JORC requirements, stressing that this drilling data is not considered material for investors’ assessment of the company or the new shares at this time.
The most recent analyst rating on (AU:NMR) stock is a Hold with a A$0.06 price target. To see the full list of analyst forecasts on Native Mineral Resources Holdings Ltd. stock, see the AU:NMR Stock Forecast page.
Native Mineral Resources Holdings Ltd. has applied to the ASX for quotation of 17,123,288 new fully paid ordinary shares under its ticker NMR, with an issue date of 5 January 2026. The expanded quoted securities base will increase the company’s tradable share capital, potentially enhancing liquidity for investors and supporting the company’s capacity to raise and deploy capital for future activities.
The most recent analyst rating on (AU:NMR) stock is a Hold with a A$0.06 price target. To see the full list of analyst forecasts on Native Mineral Resources Holdings Ltd. stock, see the AU:NMR Stock Forecast page.
Native Mineral Resources Holdings Limited has disclosed a change in the indirect shareholding of director Blake Cannavo, reflecting an increase in his exposure to the company via entities through which he holds interests. The director, via BOC Holdings Pty Ltd structures, acquired 300,000 fully paid ordinary shares in an on‑market purchase at $0.064 per share, lifting his indirect holding to 162,563,384 shares while leaving his substantial package of unquoted options and performance rights unchanged, slightly tightening insider alignment with shareholders and signaling continued confidence in the company’s prospects.
Native Mineral Resources Holdings Ltd has secured a binding commitment for an initial A$3 million tranche under a Convertible Security Funding Agreement with Lind Global Fund III LP, giving the company access to up to A$10 million in funding, with further tranches subject to negotiation. The capital, to be used for general working capital, provides flexible financing to support NMR’s near-term objectives and growth phase, while preserving its ability to manage placement capacity under ASX listing rules, underscoring institutional confidence in the company’s strategy and its plan to leverage the Blackjack Mill across multiple regional gold assets.
Native Mineral Resources has completed its final gold pour for calendar 2025 at its Blackjack Gold Operations in Queensland, producing about 8.36kg of gold doré and bringing total output since production began in July to roughly 1,460.6 ounces of gold and approximately $8.72 million in gross revenue, with management expecting total gold sales to reach around $10 million once refinery results for the latest smelt are received. The company reports improving operational rhythm at Blackjack, nearing completion of key tailings storage facility works and targeted plant maintenance to enhance reliability, while progressing its growth strategy by preparing to begin drilling at the Podosky prospect under the Ravenswood joint venture in early January 2026, where NMR will fund operations and share profits equally after costs and a management fee, reinforcing Blackjack’s role as a regional processing hub.
Native Mineral Resources Holdings Ltd. has entered into a joint venture with Haoma Mining NL to develop the Ravenswood Gold Project in Queensland. As part of the agreement, the Ravenswood Gold JV will utilize six granted mining leases and leverage NMR’s Blackjack Operations as a processing hub. This partnership aligns with NMR’s strategy to process both third-party and internal ore, targeting operational efficiency and enhanced gold production. Profits will be shared between the parties after associated costs, reinforcing a sustainable growth trajectory and potential market positioning for both companies.
Native Mineral Resources Holdings Ltd announced the finalization of the Estimated Rehabilitation Cost (ERC) decision by the Department, granting approval to advance resource activity at the Podosky site under the Environmental Authority. The company is set to launch a comprehensive drilling and mining program starting January 2026, with initial ore processing targeted for late February 2026, marking a significant step in its operational strategy aimed at enhancing utilization of its assets and delivering value to stakeholders.
Native Mineral Resources Holdings Limited has reported progress in its gold production at the Blackjack Gold Operations, with recent gold pours on December 3 and 10, 2025, contributing to a total output of approximately 1,300 ounces and generating $7.6 million in revenue. The company is also advancing its joint venture plans with Haoma and preparing for further development, aiming to secure future ore sources and extend the life of its Charters Towers operations.
Native Mineral Resources Holdings Ltd. announced a change in the director’s interest, specifically regarding Blake Cannavo’s indirect interests through BOC Holdings Pty Ltd. The change involves the issuance of 14 million unquoted performance rights, following shareholder approval at the company’s annual general meeting. This development reflects the company’s ongoing efforts to align its leadership’s interests with its strategic goals, potentially impacting its operational dynamics and stakeholder relations.
Native Mineral Resources Holdings Limited has announced the appointment of Ms. Jade Cook as the new Company Secretary, succeeding Ms. Natalie Teo. Ms. Cook brings extensive experience in corporate governance and will be responsible for communications between the company and the ASX, which may enhance the company’s operational efficiency and stakeholder engagement.
Native Mineral Resources Holdings Ltd. has announced the issuance of 14 million performance rights expiring in December 2030. This move is part of an employee incentive scheme and is not intended to be quoted on the ASX, potentially enhancing employee engagement and aligning their interests with long-term company goals.
Native Mineral Resources Holdings Limited has entered into a joint venture with Haoma Mining NL to develop the Ravenswood Gold Project in Queensland. This collaboration will see NMR processing ore from Haoma’s Ravenswood tenements at its Blackjack Operations, with profits shared equally after costs. The venture supports NMR’s strategy to enhance its processing capabilities and strengthen its position in the Charters Towers region, potentially benefiting both companies and stakeholders by maximizing the use of the refurbished Blackjack Plant.
Native Mineral Resources Holdings Ltd. announced that all resolutions proposed at their annual general meeting were passed by a poll. This outcome reflects strong shareholder support for the company’s strategic initiatives, including the re-election of directors and approval of performance rights and financing arrangements, which could enhance the company’s operational capabilities and market position.
Native Mineral Resources Holdings Limited has achieved a significant milestone by surpassing 1,000 ounces of gold production at its Blackjack Gold Project since late July 2025. The company has maintained steady-state operations with regular monthly gold pours, demonstrating its transition to a producing gold company. The Blackjack processing plant has shown strong performance following a planned maintenance shutdown, with high availability and recovery rates. Additionally, the company is advancing its tailings storage facility and environmental approvals, supporting a long-term operational footprint. These developments indicate a solid foundation for future growth and stability in the gold production sector.
Native Mineral Resources Holdings Limited has announced its Annual General Meeting scheduled for November 28, 2025. The meeting will be held in Sydney, and shareholders are encouraged to participate by voting online or in person. The company has opted to distribute the Notice of Meeting electronically, aligning with modern communication practices and regulatory requirements. This approach reflects the company’s commitment to efficient stakeholder engagement and adherence to updated corporate governance standards.
Native Mineral Resources Holdings Limited has executed binding sale agreements for its Palmerville Project in north Queensland, selling ten tenements to Diversified Mining and Resources Pty Ltd and Sympall Pty Ltd for a total consideration of $600,001. This divestment allows the company to concentrate on its Charters Towers operations, where it has commenced gold production at the Blackjack gold deposit and processing plant. The sale aligns with NMR’s strategy to focus on core assets and optimize its gold production capabilities, with proceeds providing additional working capital for ongoing operations.
Native Mineral Resources Holdings Limited has entered into a joint venture with Great Divide Mining to process ore from the Yellow Jack Gold Project at NMR’s Blackjack Operations. This collaboration aims to enhance NMR’s processing capabilities and output, potentially positioning the company as a key player in the region’s gold processing industry. The venture will see profits shared equally after costs, with GDM handling operational expenses. This agreement marks a strategic move for both companies, with NMR expanding its processing capacity and GDM securing a processing partner to advance its mining operations.
Great Divide Mining Ltd’s subsidiary, GDM Yellow Jack Pty Ltd, has entered into a joint venture with Native Mineral Resources Holdings Ltd to extract and process gold ore from the Yellow Jack Site. This partnership will see GDM responsible for mining and delivering the ore, while NMR will handle processing and sales, with profits shared equally after costs. This agreement marks a significant step in GDM’s strategic plan to transition from an explorer to a producer, enhancing its operational capabilities and potential cash flow.
Native Mineral Resources Holdings Ltd. announced a change in the director’s interest, with Blake Cannavo acquiring 10 million shares through the exercise of vested unquoted options at $0.04 per option. This transaction increases Cannavo’s indirect holdings and reflects strategic positioning within the company, potentially impacting stakeholder perceptions and market dynamics.
Native Mineral Resources Holdings Ltd. has announced a change in the director’s interest in securities, specifically related to James Walker. The change involves the conversion of vested performance rights into shares, resulting in an increase in the number of shares held indirectly by Mr. Walker. This adjustment in shareholding reflects the company’s ongoing management of director interests and may impact stakeholders’ perception of the company’s governance and alignment of interests.
Native Mineral Resources Holdings Ltd. has issued 12,530,000 new ordinary shares, which include the conversion of vested performance rights and the exercise of options. These shares rank equally with existing shares, and the company has complied with relevant legal obligations. However, current information on their Charters Towers Gold Project drilling programs is incomplete, and no assurances are provided regarding these activities.
Native Mineral Resources Holdings Ltd. has announced the issuance of 12,530,000 ordinary fully paid securities, which will be quoted on the Australian Securities Exchange (ASX) under the code NMR. This move is part of the company’s strategic efforts to enhance its market presence and operational capacity, potentially impacting its financial standing and offering new opportunities for stakeholders.