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Pinnacle Minerals Limited
(Sydney:PIM)
Pinnacle Minerals Limited (PIM) vs. iShares MSCI Australia ETF (EWA)
Pinnacle Minerals Limited Business Overview & Revenue Model
Pinnacle Minerals Limited Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 50.00K | 50.00K | 82.50K | 67.63K | 0.00 |
| Gross Profit | 50.00K | 50.00K | 82.50K | 67.63K | 0.00 |
| EBITDA | 1.10M | 1.10M | -1.31M | 0.00 | 0.00 |
| Net Income | -891.22K | -891.22K | -3.30M | -951.72K | -1.50M |
Balance Sheet | |||||
| Total Assets | 3.47M | 3.47M | 4.33M | 5.58M | 6.40M |
| Cash, Cash Equivalents and Short-Term Investments | 455.25K | 455.25K | 1.53M | 2.41M | 3.80M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 243.62K | 243.62K | 301.11K | 93.80K | 64.76K |
| Stockholders Equity | 3.23M | 3.23M | 4.03M | 5.48M | 6.33M |
Cash Flow | |||||
| Free Cash Flow | -1.07M | -1.07M | -1.62M | -1.48M | -1.05K |
| Operating Cash Flow | -826.42K | -826.42K | -907.06K | -880.11K | -903.00 |
| Investing Cash Flow | -244.59K | -244.59K | 21.32K | -595.25K | -144.00 |
| Financing Cash Flow | 0.00 | 0.00 | 0.00 | 82.40K | 6.75K |
Pinnacle Minerals Limited Technical Analysis
Pinnacle Minerals Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
47 Neutral | AU$5.98M | -4.58 | -38.30% | ― | ― | 61.60% | |
46 Neutral | AU$7.59M | -14.31 | -38.56% | ― | ― | 21.62% | |
45 Neutral | AU$23.58M | -51.61 | ― | ― | ― | ― | |
44 Neutral | ― | ― | ― | ― | ― | ― | |
43 Neutral | AU$8.78M | -0.63 | -78.12% | ― | ― | -349.06% | |
38 Underperform | AU$8.27M | -5.00 | -26.98% | ― | ― | 4.35% |
Pinnacle Minerals Limited Corporate Events
Pinnacle Minerals has mutually agreed with counterparties to terminate its agreements to acquire eight US critical minerals, gold and silver projects, including the Idaho Antimony assets, ending both a binding acquisition heads of agreement and an option heads of agreement without any further obligations. The company stressed that the decision was amicable and does not reflect negatively on the quality or potential of the Idaho Antimony assets, and with cash of $2.8 million at the end of December 2025, it intends to continue pursuing value-accretive mineral opportunities in line with its strategic focus, signalling a reallocation of capital rather than a retreat from the critical minerals space.
The most recent analyst rating on (AU:PIM) stock is a Sell with a A$0.05 price target. To see the full list of analyst forecasts on Pinnacle Minerals Limited stock, see the AU:PIM Stock Forecast page.
Pinnacle Minerals has lodged change of director interest notices reflecting the vesting of Tranche A 2024 performance rights for directors William Witham and Stephen Ross, resulting in an adjustment from performance rights into ordinary shares for Ross. The company also used the filing to disclose previously unreported bonus options and a prior share purchase by Witham uncovered during a reconciliation of director holdings, attributing the late disclosure to administrative oversight while affirming awareness of ASX reporting obligations, the existence of a security trading policy, and confidence that its current compliance procedures remain adequate for ongoing adherence to listing rules.
The most recent analyst rating on (AU:PIM) stock is a Hold with a A$0.05 price target. To see the full list of analyst forecasts on Pinnacle Minerals Limited stock, see the AU:PIM Stock Forecast page.
Pinnacle Minerals Limited has issued 1,656,000 fully paid ordinary shares following the vesting of its 2024 Tranche A performance rights, modestly increasing its share capital base. The company confirmed that the shares were issued without a prospectus under the disclosure exemptions of the Corporations Act and stated it remains compliant with its continuous disclosure and financial reporting obligations, with no excluded information requiring disclosure, signalling routine capital management rather than a shift in strategic direction.
Pinnacle Minerals Limited has decided to cancel its Tranche 2 Placement of 22.5 million shares, a move aimed at maintaining a more efficient capital structure and reducing shareholder dilution. This decision, made in consultation with joint lead managers and key stakeholders, aligns with the company’s strategy to preserve long-term shareholder value and better position itself for future exploration milestones. The company believes that future capital initiatives can be undertaken on more favorable terms as market conditions improve. Funds from Tranche 1 will continue to support Pinnacle’s current exploration programs, and the company remains committed to advancing its North American and Australian projects while assessing strategic funding opportunities.
Pinnacle Minerals Limited has announced significant changes to its Board of Directors as part of a strategic refocus. William Witham has been appointed as Managing Director and CEO, transitioning from his role as Executive Chairman, while Stephen Ross moves to Non-Executive Chairman, and Jay Stephenson joins as a Non-Executive Director. These changes aim to enhance the company’s operational performance and governance as it continues to develop its mineral exploration projects. The board restructuring is expected to support Pinnacle’s strategy execution and shareholder value delivery.
Pinnacle Minerals Limited has announced the appointment of Jay Stephenson as a director, effective December 15, 2025. The announcement includes details of Stephenson’s interests in the company’s securities, which comprise 120,000 options and 960,000 performance rights held through Vin Ethos Pty Ltd. This appointment is significant for the company’s governance and may influence its strategic direction.
Pinnacle Minerals Limited has announced the recommencement of exploration at its Adina East Lithium Project in the James Bay region of Québec, Canada. This strategic move aligns with the company’s North American critical minerals strategy, prioritizing the Adina East project due to its promising geological setting and proximity to major lithium discoveries. The project is situated in a rapidly developing lithium corridor, surrounded by significant exploration activities from other major companies, providing Pinnacle with a strong opportunity for value creation. The improving market conditions for lithium, driven by increased demand from electric vehicle manufacturing and energy storage, further enhance the project’s potential impact on Pinnacle’s operations and industry positioning.
Pinnacle Minerals Limited has commenced exploration activities at its Antimony Queen Project in Washington State, USA, marking a significant step in expanding its critical minerals portfolio in North America. The project, located in a historically productive antimony-gold district, involves modern exploration techniques to validate and expand upon historical mining data. The initiative is expected to enhance Pinnacle’s position in the U.S. supply chain for critical minerals, with ongoing geological modeling and drill permitting processes underway.
Pinnacle Minerals Limited announced that all resolutions from their Annual General Meeting held on November 25, 2025, were passed by shareholders. The resolutions, which were decided by poll, included various approvals related to issuing shares and options, indicating strong shareholder support for the company’s strategic initiatives.
Pinnacle Minerals Ltd has commenced trading on the OTCQB Market in the United States under the ticker PIMLF, aiming to expand its investor base and increase visibility in North America. This move aligns with Pinnacle’s strategy to grow its presence in the U.S. and engage with markets supportive of critical minerals projects, enhancing opportunities for corporate activities and potential government funding, while positioning the company to benefit from rising demand for critical minerals.
Pinnacle Minerals Limited announced a change in the director’s interest as William John Andrew Witham acquired an additional 1,500 ordinary shares through an on-market purchase. This change reflects a slight increase in Witham’s direct holdings, which may indicate confidence in the company’s future prospects.
Pinnacle Minerals Limited has announced an amended exploration program for the Thunder Mountain Gold-Silver Project in Idaho, USA, aimed at fast-tracking the restart of mining operations at the historic Lightning Peak Open Pit. The initiative includes on-ground mapping, sampling, and the use of modern technology to validate historical data and model the pit for future drilling. This project is strategically positioned near Perpetua Resources Inc.’s Stibnite Mine, enhancing its potential value. The company’s efforts signify a pivotal step in its transition to an active explorer in the U.S. critical minerals sector, with the goal of delivering value to shareholders.
Pinnacle Minerals Limited has issued 15,000,000 fully paid ordinary shares as part of Tranche 1 of a previously announced placement. This issuance was conducted without disclosure under Part 6D.2 of the Corporations Act 2001, and the company has confirmed compliance with relevant provisions of the Act. The announcement indicates that there is no additional information that needs to be disclosed to investors, suggesting a straightforward and compliant transaction.
Pinnacle Minerals Limited has announced the quotation of 15,000,000 fully paid ordinary securities on the Australian Securities Exchange (ASX) as of November 3, 2025. This move is part of previously announced transactions, potentially impacting the company’s market presence and offering new opportunities for stakeholders.