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Neometals Ltd
(OTC:NMT)
Neometals Ltd (NMT) vs. iShares MSCI Australia ETF (EWA)
Neometals Ltd Business Overview & Revenue Model
Neometals Ltd Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -446.28K | -446.28K | -491.00K | -420.12K | -457.00K | -599.00K |
| EBITDA | -15.77M | -12.58M | -28.83M | -24.83M | -14.51M | 21.82M |
| Net Income | -31.02M | -31.02M | -69.11M | -34.80M | 4.36M | 16.34M |
Balance Sheet | ||||||
| Total Assets | 24.29M | 24.29M | 42.13M | 114.27M | 146.98M | 170.23M |
| Cash, Cash Equivalents and Short-Term Investments | 4.44M | 4.44M | 9.65M | 25.20M | 62.39M | 95.84M |
| Total Debt | 4.50M | 4.50M | 4.11M | 937.67K | 371.76K | 699.91K |
| Total Liabilities | 6.10M | 6.10M | 5.66M | 20.75M | 20.39M | 23.46M |
| Stockholders Equity | 18.64M | 18.64M | 36.48M | 93.52M | 126.60M | 146.77M |
Cash Flow | ||||||
| Free Cash Flow | -11.30M | -12.88M | -13.09M | -25.80M | -30.21M | -12.55M |
| Operating Cash Flow | -11.30M | -11.51M | -13.06M | -19.37M | -24.87M | -10.87M |
| Investing Cash Flow | -6.63M | -6.39M | -12.63M | -15.98M | -12.65M | 28.42M |
| Financing Cash Flow | 12.93M | 12.90M | 10.36M | -366.23K | 3.61M | -703.08K |
Neometals Ltd Technical Analysis
Neometals Ltd Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
52 Neutral | AU$215.05M | -21.43 | -20.60% | ― | ― | 7.28% | |
47 Neutral | AU$46.23M | -1.46 | -62.72% | ― | ― | 63.36% | |
46 Neutral | AU$403.46M | -5.41 | -111.27% | ― | ― | 66.10% | |
45 Neutral | AU$211.79M | -14.12 | -11.80% | ― | ― | -88.89% | |
45 Neutral | AU$130.90M | -0.49 | -116.31% | ― | ― | -414.88% | |
44 Neutral | AU$386.45M | -44.59 | -24.97% | ― | ― | 15.91% |
Neometals Ltd Corporate Events
Neometals announced that EIT RawMaterials will invest a further €1.5 million in Novana Oy, the Neometals-backed developer of the Finnish Vanadium Recovery Project (VRP1), to fund technical and commercial work, including piloting a novel beneficiation process intended to enhance project economics and support the project financing process. The new funding, EIT RawMaterials’ third investment round in the project, follows substantial conditional grant support from Finnish authorities and comes alongside a proposed no-cost option for EIT RawMaterials to increase its stake in Recycling Industries Scandinavia AB, underscoring growing EU-backed confidence in VRP1 as a prospective first domestic source of high-purity vanadium for Europe and signalling potential dilution of Neometals’ indirect interest as external equity and debt are raised.
Neometals Ltd has signed a non-binding Letter of Intent with BML Ventures Pty Ltd to negotiate a joint venture for the open-cut mining of the Ironclad Gold Deposit. This partnership aims to leverage BML’s expertise in funding and managing mining operations, with a 50:50 profit-sharing arrangement post-cost recovery. The agreement includes a 90-day exclusivity period for due diligence and finalizing definitive agreements, with the potential to significantly de-risk development and support Neometals’ growth strategy.
Neometals Ltd announced the results of its Annual General Meeting, highlighting that all resolutions were carried with significant majority votes. The meeting’s outcomes, including the approval of performance rights and re-election of directors, reflect strong shareholder support and are expected to positively impact the company’s strategic initiatives and stakeholder confidence.
Neometals Ltd has released a presentation outlining its current activities and projects, emphasizing its role in the critical materials sector. The company highlights its strategic focus on sustainable resource supply, which is crucial for stakeholders in the technology and energy sectors. The presentation serves as an update on Neometals’ operations, although it does not constitute financial advice or an investment offer.
Neometals Ltd faced challenges due to declining global battery metals prices and a slowdown in Western EV production, leading to strategic decisions including exiting the Primobius JV to reduce capital commitments and restructuring to lower overheads. Despite these challenges, the company is advancing its ELi lithium processing technology with Rio Tinto, progressing its Finnish Vanadium Recovery Project with new funding, and exploring gold and critical mineral opportunities, positioning itself for future growth.
Neometals Ltd has completed a program of RC drilling at its 100% owned Barrambie Gold Project in Western Australia, with early gold assay results indicating high-grade potential. The company has drilled 82 holes covering 8,457 meters, with initial assays from 75 samples showing promising gold grades. While these results support the potential for narrow-vein, high-grade gold along the Barrambie Ranges, Neometals is primarily focused on advancing the Ironclad deposit towards commercial production. The ongoing exploration aims to inform further exploration of the broader mineralized trends, with additional results expected in early 2026.
Neometals Ltd has signed an exclusivity and option agreement with Omaha Value, American Helium LLC, and Ascent Resources plc to evaluate and potentially extract lithium and potash from brines in the Paradox Basin, Utah. This agreement allows Neometals and its partner to access inactive oil and gas wells, potentially accelerating exploration and reducing costs. The initiative aligns with the US Government’s focus on critical minerals, potentially benefiting from expedited permitting and federal funding, and could enhance Neometals’ positioning in the critical minerals market.
Neometals Ltd announced that its Finnish Vanadium Recovery Project, operated by Novana Oy, has received a conditional grant of €48.7 million from Business Finland. This grant will support the development of Europe’s first carbon-neutral vanadium plant in Pori, Finland. The project aims to produce vanadium using recycled industrial side streams, significantly reducing Europe’s dependency on imports from China and Russia. The plant is expected to produce about 9,000 tonnes of vanadium annually, covering up to 60% of Europe’s needs. This development is a significant step towards enhancing the EU’s self-sufficiency in critical raw materials and promoting circular economy practices.
Neometals Ltd announced positive results from initial metallurgical sighter test work at its Ironclad Gold Deposit within the Barrambie Gold Project. The tests, conducted by Independent Metallurgical Operations Pty Ltd, revealed high gold recoveries using standard processing methods, with overall recoveries reaching up to 98%. These results highlight the potential for refining future test work strategies and optimizing gold recovery processes. The ongoing drilling at the Barrambie Project aims to further explore and develop the gold resources, potentially enhancing the company’s market positioning and stakeholder value.
Neometals Ltd has announced significant progress in its Barrambie Gold Project, with promising results from its maiden diamond drill program and historical assays, and has lodged a mining lease application for the Ironclad deposit. The company is also advancing its downstream processing technologies, including lithium chemicals and vanadium recovery, and has completed the sale of its lithium-ion battery recycling interests, maintaining a strong cash position with no debt.
Neometals Ltd has announced its Annual General Meeting (AGM) scheduled for November 27, 2025, in Perth, Australia. The company will provide both a physical meeting and a webinar option for shareholders to observe the proceedings, although voting will not be available via the webinar. Shareholders are encouraged to submit proxy forms by November 25, 2025. The AGM will cover financial reports, a remuneration report, and other resolutions, with opportunities for shareholders to engage with the company’s auditor.
Neometals Ltd has announced the appointment of Gregory Evans as an Independent Non-Executive Director, effective from October 21, 2025, as part of its board succession planning. Evans, with over 25 years of experience in the energy, resources, and finance sectors, is expected to succeed as Chair of the Audit Committee, assuming his re-election at the AGM. This appointment is part of a broader board succession initiative, with Non-Executive Directors Douglas Ritchie and Dr. Jennifer Purdie set to retire at the 2025 AGM. The changes aim to support Neometals’ strategic objectives and governance as it advances its portfolio of sustainable processing technologies and exploration projects.
Neometals Ltd has commenced an exploration drilling program at its Barrambie Gold Project, targeting the Barrambie Ranges gold trend, including the historic Golden Treasure mine. The drilling campaign aims to explore extensions of high-grade mineralization and improve the resource estimates at various sites within the project, such as the Ironclad deposit and the Mystery gold mine trend. This initiative is part of Neometals’ strategy to enhance its gold resource base and move towards commercial gold production, potentially strengthening its position in the mining sector.
Neometals Ltd has announced that its Annual General Meeting will be held on November 27, 2025, with the election of directors as a key agenda item. The closing date for director nominations is October 7, 2025. This announcement is part of Neometals’ ongoing efforts to engage shareholders and align its governance with its strategic objectives in sustainable materials production.