Northern Minerals Limited (NTU) AI Stock Analysis

• Market Cap: $259.07M
• Dividend Yield: N/A
• Average Volume (3M): 4.03M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.90
• Revenue Growth: N/A
• EPS Growth: 3.70%
• Country: AU
• Employees: 36
• Sector: Basic Materials
• Sector Strength: 55
• Industry: Industrial Materials
• EPS (TTM): >-0.01
• Shares Outstanding: 8,361,509,000
• 10 Day Avg. Volume: 3,155,224
• 30 Day Avg. Volume: 4,031,888
• PEG Ratio: -1.25
• Price to Book (P/B): 17.48
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -8.96
• 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: $0.05
• Price Target Upside: 55.01% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 52 Neutral
• Price Target: AU$0.00 ▼(-100.00%Downside)

Northern Minerals Limited's stock score is predominantly influenced by its weak financial performance and negative valuation metrics, which are partially offset by positive technical indicators showing bullish momentum. The lack of dividend yield and negative earnings further weigh down the valuation.

Northern Minerals Limited Business Overview & Revenue Model

Company Description

Northern Minerals Limited (NTU) is an Australian-based mining and exploration company focused on the production and development of rare earth elements, primarily dysprosium and terbium. These elements are critical components in the manufacturing of high-performance magnets used in various technologies, including electric vehicles and wind turbines. Northern Minerals is dedicated to advancing its projects to become a significant supplier in the global rare earths market, with its flagship project being the Browns Range Project located in Western Australia.

How the Company Makes Money

Northern Minerals Limited generates revenue through the exploration, extraction, and sale of rare earth elements, particularly dysprosium and terbium. The company's primary revenue stream comes from the production and sale of these rare earths from its operations at the Browns Range Project. Northern Minerals also engages in strategic partnerships and offtake agreements with companies in the technology and green energy sectors, which secure a market for its products and provide a stable revenue base. Additionally, the company may receive funding and grants from government initiatives aimed at supporting the development of critical minerals supply chains.

Northern Minerals Limited Financial Statement Overview

Summary

Northern Minerals Limited is in a precarious financial position with consistently negative profitability and cash flow, negative equity, and high leverage, indicating a high financial risk.

Income Statement

Northern Minerals Limited has experienced volatile revenue growth, with a significant increase in the most recent year, yet profitability remains a challenge. The company has consistently reported negative net income and EBIT margins over the years, indicating ongoing operational inefficiencies and cost management issues. Despite recent revenue increases, the persistent losses undermine the financial stability suggested by such growth.

Balance Sheet

The balance sheet reveals a concerning financial structure, with a negative stockholders' equity position, indicating liabilities exceeding assets. The Debt-to-Equity ratio is not calculable due to negative equity, signaling a high-risk financial leverage. The company's equity ratio is negative, further emphasizing the risk of insolvency and the need for financial restructuring.

Cash Flow

Cash flow analysis shows that Northern Minerals Limited faces challenges in generating positive cash flow, with consistently negative free cash flow and operating cash flow figures. While financing cash flow has been positive, primarily from external funding, it raises sustainability concerns given the negative operating cash flow to net income and free cash flow to net income ratios.

Breakdown	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement
Total Revenue	4.47M	6.54K	3.90M	0.00	3.07M
Gross Profit	4.47M	-522.62K	3.39M	-1.62M	2.94M
EBITDA	-29.65M	-20.61M	-16.90M	-16.46M	-27.04M
Net Income	-31.59M	-22.29M	-24.36M	-8.53M	-54.33M
Balance Sheet
Total Assets	13.94M	17.40M	12.77M	37.77M	42.48M
Cash, Cash Equivalents and Short-Term Investments	8.25M	11.69M	2.86M	19.90M	6.66M
Total Debt	15.40M	13.36M	247.02K	292.34K	5.85M
Total Liabilities	27.95M	23.87M	7.19M	8.77M	30.82M
Stockholders Equity	-14.01M	-6.47M	5.58M	29.00M	11.66M
Cash Flow
Free Cash Flow	-26.50M	-14.20M	-17.42M	-8.52M	-47.60M
Operating Cash Flow	-26.12M	-14.09M	-16.93M	-885.01K	-31.76M
Investing Cash Flow	-556.78K	699.56K	-499.80K	-7.65M	-15.84M
Financing Cash Flow	23.24M	22.23M	259.70K	21.82M	46.15M

Northern Minerals Limited Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.03
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:NTU, the sentiment is Neutral. The current price of 0.03 is below the 20-day moving average (MA) of 0.03, below the 50-day MA of 0.03, and above the 200-day MA of 0.02, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 48.54 is Neutral, neither overbought nor oversold. The STOCH value of 6.67 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for AU:NTU.

Northern Minerals Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
NTU	52 Neutral	$259.07M	―	-428.37%	―	―	3.70%
ASM	47 Neutral	AU$110.28M	―	-15.33%	―	-52.53%	-27.29%
AGE	46 Neutral	AU$101.89M	―	-5.22%	―	―	―
Sector *	44 Neutral	AU$1.45B	-6.08	-41.46%	4.25%	-2.94%	-41.86%
ESR	37 Underperform	AU$80.19M	―	-13.69%	―	-100.00%	-88.89%
PSC	36 Underperform	AU$122.60M	―	-26.16%	―	―	-28.93%
PEK	34 Underperform	AU$135.62M	―	-21.89%	―	―	71.67%

Northern Minerals Limited Corporate Events

Northern Minerals Advances Browns Range Project Amid Global Supply Challenges

Northern Minerals Limited reported significant progress in its June 2025 quarterly activities, emphasizing the strategic importance of its Browns Range Heavy Rare Earths Project amid global supply chain challenges. The company completed key project optimization programs, advanced exploration activities, and highlighted the geopolitical tensions affecting the rare earths market, particularly due to China’s export restrictions. These developments underscore the project’s potential to contribute to a diversified and secure supply of critical minerals.

The most recent analyst rating on (AU:NTU) stock is a Buy with a A$0.04 price target. To see the full list of analyst forecasts on Northern Minerals Limited stock, see the AU:NTU Stock Forecast page.

Northern Minerals Limited Announces Cessation of Performance Rights

Northern Minerals Limited announced the cessation of 1,666,666 performance rights due to unmet conditions as of June 30, 2025. This development may impact the company’s capital structure and reflects challenges in meeting performance targets, which could have implications for stakeholders and the company’s strategic objectives.

The most recent analyst rating on (AU:NTU) stock is a Buy with a A$0.04 price target. To see the full list of analyst forecasts on Northern Minerals Limited stock, see the AU:NTU Stock Forecast page.

Northern Minerals Clarifies Position Amidst Federal Court Action on Foreign Investment

Northern Minerals Limited announced that it is not involved in the Federal Court action initiated by the Australian Treasurer against Indian Ocean International Shipping and Service Company Ltd for non-compliance with foreign investment laws. The court action pertains to the disposal of shares in Northern Minerals by foreign investors, as directed by the Foreign Acquisitions and Takeovers Orders 2024. Northern Minerals has stated that it will keep the market informed of any developments, emphasizing that this matter is between the Treasurer and Indian Ocean.

The most recent analyst rating on (AU:NTU) stock is a Buy with a A$0.04 price target. To see the full list of analyst forecasts on Northern Minerals Limited stock, see the AU:NTU Stock Forecast page.

Northern Minerals Announces Expiration of Director’s Options

Northern Minerals Limited announced a change in the director’s interest, as 10 million options held by Director Adam Handley expired without being exercised. This expiration of options, initially approved in a previous general meeting, reflects a change in the director’s securities holdings, potentially impacting investor perceptions and the company’s strategic decisions.

The most recent analyst rating on (AU:NTU) stock is a Buy with a A$0.04 price target. To see the full list of analyst forecasts on Northern Minerals Limited stock, see the AU:NTU Stock Forecast page.

Northern Minerals Limited Announces Cessation of Performance Rights

Northern Minerals Limited announced the cessation of 93,750,000 performance rights due to unmet conditions, impacting their issued capital. This development may influence the company’s operational strategies and stakeholder interests as it reflects on the company’s ability to meet performance benchmarks.

The most recent analyst rating on (AU:NTU) stock is a Buy with a A$0.03 price target. To see the full list of analyst forecasts on Northern Minerals Limited stock, see the AU:NTU Stock Forecast page.

Northern Minerals Limited Announces Cessation of 20 Million Securities Options

Northern Minerals Limited announced the cessation of 20 million securities options that expired on June 22, 2025, without being exercised or converted. This development may impact the company’s capital structure and investor sentiment, as it reflects on the company’s strategic financial decisions and market positioning.

The most recent analyst rating on (AU:NTU) stock is a Buy with a A$0.03 price target. To see the full list of analyst forecasts on Northern Minerals Limited stock, see the AU:NTU Stock Forecast page.

Northern Minerals Addresses ASX Price Query Amidst Market Volatility

Northern Minerals Limited has responded to an ASX price query, stating it is unaware of any undisclosed information that could explain recent trading activity in its securities. The company highlighted ongoing activities, including the finalization of a feasibility study for the Browns Range Heavy Rare Earth Project and a drill program at the Gambit Deposit. Additionally, market volatility may be influenced by China’s export restrictions on heavy rare earths. The company assures compliance with ASX listing rules and confirms the board’s approval of its responses.

The most recent analyst rating on (AU:NTU) stock is a Buy with a A$0.04 price target. To see the full list of analyst forecasts on Northern Minerals Limited stock, see the AU:NTU Stock Forecast page.

Northern Minerals Enhances Geological Understanding at Dazzler Deposit

Northern Minerals Limited has completed a successful drilling program at its Dazzler deposit, part of the Browns Range Heavy Rare Earths Project. The program, co-funded by the Exploration Incentive Scheme, involved five diamond drill holes that enhanced the geological understanding of the deposit and identified new volcanic units. These findings are expected to support an update to the Dazzler Mineral Resource estimate and improve exploration targeting. The results demonstrate the potential for further heavy rare earth discoveries in the Browns Range region, aligning with Northern Minerals’ long-term exploration strategy.

The most recent analyst rating on (AU:NTU) stock is a Buy with a A$0.05 price target. To see the full list of analyst forecasts on Northern Minerals Limited stock, see the AU:NTU Stock Forecast page.