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Polymetals Resources Ltd.
(Sydney:POL)
Polymetals Resources Ltd. (POL) vs. iShares MSCI Australia ETF (EWA)
Polymetals Resources Ltd. Business Overview & Revenue Model
Polymetals Resources Ltd. Financial Statement Overview
| Breakdown | ||||
| TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 318.78K | 427.67K | 1.13K | 1.12K | 0.00 | Gross Profit |
| 84.33K | 427.67K | -7.16K | -1.35K | -224.00 | EBIT |
| -5.02M | -2.73M | -1.98M | -1.14M | -426.27K | EBITDA |
| -5.55M | -3.19M | -7.79M | -1.13M | -423.78K | Net Income Common Stockholders |
| -8.57M | -3.27M | -7.80M | -814.73K | -489.14K |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 5.52M | 7.88M | 2.62M | 1.50M | 5.01M | Total Assets |
| 78.71M | 30.94M | 21.54M | 5.83M | 6.86M | Total Debt |
| 12.81M | 2.51M | 1.35M | 0.00 | 250.00K | Net Debt |
| 7.29M | -5.37M | -1.27M | -1.50M | -4.76M | Total Liabilities |
| 55.17M | 4.11M | 3.12M | 235.97K | 553.64K | Stockholders Equity |
| 23.54M | 26.83M | 18.42M | -1.51M | -1.14M |
| Cash Flow | Free Cash Flow | |||
| -11.22M | -7.58M | -4.08M | -3.16M | -665.72K | Operating Cash Flow |
| -6.73M | -3.34M | -1.68M | -711.59K | -201.53K | Investing Cash Flow |
| -6.25M | -4.25M | -2.40M | -2.45M | -464.19K | Financing Cash Flow |
| 17.23M | 12.83M | 5.20M | -348.52K | 5.68M |
Polymetals Resources Ltd. Technical Analysis
Polymetals Resources Ltd. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
81 Outperform | $17.69B | 25.58 | 16.97% | 1.37% | 60.56% | 302.20% | |
78 Outperform | AU$29.92B | 25.38 | 11.01% | 2.41% | 25.11% | 28.88% | |
60 Neutral | $8.56B | 168.20 | 2.27% | ― | -20.07% | -74.91% | |
51 Neutral | $1.29B | 41.67 | -5.02% | ― | 27.79% | -144.05% | |
51 Neutral | $2.02B | -1.14 | -21.36% | 3.64% | 2.88% | -30.57% | |
45 Neutral | AU$216.69M | ― | -39.56% | ― | ― | 51.63% |
Polymetals Resources Ltd. Corporate Events
Polymetals Resources Ltd has announced that the redevelopment of its Endeavor silver zinc mine is progressing on schedule and within budget. The company has commenced the commissioning phase, with the first ore crushed and hoisted, and processing set to begin next week. The operation is expected to generate cash flow starting in June, with plans to process 65,000 tonnes of ore per month in the second half of 2025. This development marks a significant step in the company’s strategy to establish itself as a reliable producer in the mining industry.
The most recent analyst rating on (AU:POL) stock is a Buy with a A$1.30 price target. To see the full list of analyst forecasts on Polymetals Resources Ltd. stock, see the AU:POL Stock Forecast page.
Polymetals Resources Ltd. has announced a change in the registry address of its Sydney office, effective from April 14, 2025. The registry, managed by MUFG Corporate Markets (AU) Limited, will now be located at Liberty Place, Level 41, 161 Castlereagh St, Sydney NSW 2000. This relocation does not affect the telephone numbers or postal address.
Polymetals Resources Ltd is advancing the restart of its Endeavor silver zinc mine, with first production expected in the first half of 2025. The company has successfully raised $33.75 million through a placement and share purchase plan, ensuring a robust financial position to support its operations and exploration activities. The appointment of Jess Oram as Executive Director of Exploration is set to drive growth in the Cobar Basin region. The workforce has expanded to over 120 full-time personnel, with plans to increase to approximately 200 to support continuous operations. This strategic progress positions Polymetals as a significant player in the silver and zinc production industry in Australia.
Polymetals Resources Ltd has announced the completion of a share placement, issuing 7,142,857 shares to an exempt investor without disclosure under the Corporations Act. This move indicates the company’s compliance with relevant legal provisions, ensuring transparency and adherence to regulatory standards, which may bolster investor confidence and support the company’s financial strategies.
Polymetals Resources Ltd has announced the issuance of 7,142,857 fully paid ordinary shares, which are set to be quoted on the ASX. This move follows the fulfillment of conditions precedent outlined in an agreement dated May 27, 2024, and marks a significant step in the company’s strategic plans, potentially impacting its market position and stakeholder interests.
Polymetals Resources Ltd successfully passed a resolution at their Extraordinary General Meeting on March 28, 2025, to ratify the prior issue of shares. The resolution was overwhelmingly supported, with 99.87% voting in favor, indicating strong shareholder approval and potentially strengthening the company’s financial position.
Polymetals Resources Ltd. has experienced a change in the interests of its substantial holder, Jupiter Asset Management Ltd., which has increased its voting power from 7.33% to 8.33% through a series of purchases of ordinary shares. This change indicates a growing influence of Jupiter Asset Management Ltd. within the company, potentially impacting the company’s strategic decisions and shareholder dynamics.
Polymetals Resources Ltd has announced the application for quotation of 529,375 ordinary fully paid securities on the Australian Securities Exchange (ASX). This move is part of previously announced transactions, and it reflects the company’s ongoing efforts to enhance its market presence and operational capacity.
Polymetals Resources Ltd. announced its participation in the Ord Minnett Mining Conference in March 2025, highlighting its hands-on development and operational strategies. The company emphasized its commitment with the board and management holding a substantial stake, reflecting strong internal investment and confidence in its long-term growth and stability.
Polymetals Resources Ltd has announced a change in the director’s interest notice, specifically regarding Jess Oram, a director and shareholder of Timdee Resources Pty. Ltd. The change involves the acquisition of 25,000 shares by Timdee Resources Pty. Ltd at $0.80 per share, increasing the indirect holdings to 63,000 shares while direct holdings remain at 125,000 shares. This acquisition was made under a Share Purchase Plan, and no shares were disposed of in this transaction.
Polymetals Resources Ltd. has announced a change in the director’s interest, specifically involving David William Sproule. The change reflects an acquisition of 262,500 fully paid ordinary shares under a Share Purchase Plan, valued at $210,000. This adjustment in shareholding may influence the company’s governance and stakeholder dynamics, as it indicates a potential increase in confidence or strategic positioning by the director.
Polymetals Resources Ltd has announced a change in the director’s interest notice involving Alistair Heatley Barton. The change reflects an acquisition of 6,250 shares by the Barton Superannuation Fund, of which Mr. Barton is a joint trustee and beneficiary, at a price of $0.80 per share under a Share Purchase Plan. This acquisition increases the total number of securities held by the Barton Superannuation Fund to 737,696. The transaction was conducted on-market and did not occur during a closed period, indicating compliance with trading regulations.
Polymetals Resources Ltd has issued 529,375 shares as part of a share purchase plan, targeting ‘exempt’ investors without requiring disclosure under specific sections of the Corporations Act. This move is in compliance with relevant legal provisions and indicates the company’s strategic efforts to raise capital while maintaining regulatory standards, potentially impacting its financial positioning and investor relations.
Polymetals Resources Ltd has successfully completed its Share Purchase Plan, raising $423,500 through the issuance of 529,375 new shares at $0.80 each. This follows a $35 million institutional placement, with funds intended to bolster the company’s balance sheet and support its transition to production at the Endeavor mine, as well as to enhance exploration activities. The new shares will begin trading on the ASX on 18 March 2025, and board and management participation in the plan amounted to $295,000.
Polymetals Resources Ltd. has announced a change in the director’s interest notice, specifically regarding Alistair Heatley Barton. The announcement details that Mr. Barton, through the Barton Superannuation Fund, acquired 47,463 fully paid ordinary shares, increasing his total holdings in the fund to 731,446 shares. This acquisition was made on the market and reflects a strategic move in managing his interests within the company.
Polymetals Resources Ltd has announced a change in the director’s interest, specifically involving David William Sproule. The Sproule Superannuation Fund acquired 500,000 fully paid ordinary shares at a value of $400,000, increasing its total holdings to 2,250,000 shares. This acquisition reflects an off-market purchase, indicating strategic financial adjustments within the director’s investment portfolio.