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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% | |
46 Neutral | AU$7.13M | -12.93 | -38.56% | ― | ― | 21.62% | |
45 Neutral | ― | ― | ― | ― | ― | ― | |
44 Neutral | AU$23.58M | -50.00 | ― | ― | ― | ― | |
44 Neutral | AU$7.02M | -0.50 | -78.12% | ― | ― | -349.06% | |
44 Neutral | AU$5.98M | -4.58 | -38.30% | ― | ― | 61.60% | |
38 Underperform | AU$5.91M | -5.45 | -26.98% | ― | ― | 4.35% |
Pinnacle Minerals Limited Corporate Events
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.
Pinnacle Minerals Limited announced significant developments in its operations for the quarter ending September 2025. The company raised $1,760,000 to fund ongoing projects and acquired eight critical minerals projects in the USA, enhancing its strategic position. It plans to list on the US-based OTCQB market and has commenced exploration in Idaho and Washington State. These moves position Pinnacle as a key player in the antimony and tungsten sectors, crucial for the global decarbonisation supply chain.
Pinnacle Minerals Limited has announced a change in the interests of its substantial holder, ED Spod 1 Corp., due to the issuance of new shares by the company. This issuance has resulted in the dilution of ED Spod 1 Corp.’s ownership, reducing its voting power from 15.99% to 9.05%. This change reflects a strategic move by Pinnacle Minerals to potentially raise capital or adjust its shareholder structure, which could have implications for its market positioning and stakeholder interests.
Pinnacle Minerals Limited has issued 100,200 fully paid ordinary shares following the exercise of options, as announced on October 28, 2025. The issuance was conducted without a disclosure document under specific sections of the Corporations Act, with the company confirming compliance with relevant legal provisions and no additional information required for investors.
Pinnacle Minerals Limited has announced the issuance of 100,000 ordinary fully paid securities as part of their unquoted equity securities. This move signifies a potential strategic financial maneuver aimed at enhancing the company’s capital structure, which could impact its market positioning and stakeholder interests.
Pinnacle Minerals Limited has announced an upcoming General Meeting scheduled for November 25, 2025. Shareholders are encouraged to access meeting documents electronically, as the company will not send hard copies unless specifically requested. This move aligns with the Corporations Amendment (Meetings and Documents) Act 2022, reflecting a shift towards digital communication and potentially enhancing shareholder engagement.
Pinnacle Minerals Limited has announced its upcoming Annual General Meeting, scheduled for November 25, 2025, where shareholders will consider several key resolutions. These include the adoption of the Remuneration Report, the re-election of Director Stephen Ross, and the approval of various share and option issuances. The resolutions aim to strengthen the company’s capital structure and governance, potentially impacting shareholder value and company operations.
Pinnacle Minerals Limited has launched an exploration program in the U.S. to investigate critical minerals, gold, and silver across several projects in Idaho and Washington State. The program aims to verify historical data and identify new targets, aligning with U.S. and Australian strategies for critical minerals supply chain security. This initiative could enhance Pinnacle’s positioning in the industry by tapping into significant mineral resources and supporting global energy transition efforts.
Pinnacle Minerals Limited announced a change in the director’s interest, with Stephen Ross acquiring an additional 1,500,000 performance rights, bringing his total to 2,880,000. This change, approved by shareholders, signifies a strategic move that may impact the company’s governance and shareholder value, reflecting confidence in the company’s future prospects.
Pinnacle Minerals Ltd has announced its intention to list on the U.S. OTCQB Market, a move driven by strong interest from North American investors and the strategic acquisition of gold and antimony projects in the U.S. This listing is expected to enhance Pinnacle’s access to U.S. capital, increase liquidity, and strengthen its market presence, potentially paving the way for a future NASDAQ listing. The company has also appointed Ellis Martin and Viriathus Capital as U.S. advisors to bolster its visibility and investor engagement. The listing aligns with the U.S. government’s emphasis on critical minerals, particularly antimony, which is crucial due to its applications in defense and technology sectors, and the recent supply disruptions from China.
Pinnacle Minerals Limited has announced new acquisitions in Idaho and Washington, focusing on antimony and gold. These acquisitions are strategically located near Perpetua’s Stibnite Mine and Resolution Minerals’ Horse Heaven Project, both of which are past-producing mines. This move could enhance Pinnacle’s industry positioning by leveraging the historical productivity of these sites, potentially impacting stakeholders positively by expanding their resource base and market presence.
Pinnacle Minerals Limited announced the issuance of 43,634,185 fully paid ordinary shares and 37,500,000 options as part of a placement approved by shareholders. This move is part of the company’s capital-raising efforts to support its operations and growth strategy, indicating a proactive approach to securing financial resources for future projects.
Pinnacle Minerals Limited has announced the quotation of new securities on the Australian Securities Exchange (ASX), including 37.5 million options expiring in August 2028 and over 43.6 million ordinary fully paid shares. This move is part of previously announced transactions and is expected to enhance the company’s financial flexibility and support its growth initiatives.
Pinnacle Minerals Limited has announced that the suspension of its securities trading will be lifted following the release of information regarding a recent acquisition and capital raise. This move is expected to have significant implications for the company’s operations and market positioning, potentially enhancing its financial stability and growth prospects.
Pinnacle Minerals Limited has announced a proposed issue of securities, comprising 45,000,000 ordinary fully paid shares and 22,500,000 options expiring on August 22, 2028. This move is part of the company’s strategic efforts to raise capital, potentially impacting its operational capabilities and market positioning by providing additional financial resources for growth and development.
Pinnacle Minerals Limited announced a proposed issue of securities, including 44,218,750 ordinary fully paid shares and 34,468,750 options expiring on August 22, 2028. This move is aimed at raising capital, potentially impacting the company’s financial position and market operations by providing additional resources for growth and development.
Pinnacle Minerals Limited has announced a strategic acquisition of eight critical minerals, gold, and silver projects in the USA, including past-producing assets. This acquisition aligns with the company’s strategy to develop U.S. critical minerals assets and strengthen the defense supply chain, especially in light of recent geopolitical developments and market conditions. The projects, located in Idaho and Washington, benefit from existing infrastructure and historical production, positioning Pinnacle favorably in the growing critical minerals sector.
Pinnacle Minerals Limited has requested a voluntary suspension of its securities from trading on the ASX, pending a significant announcement related to an acquisition and capital raise. This move indicates potential strategic growth initiatives that could impact the company’s market position and stakeholder interests.