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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 | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 142.54K | 335.42K | 427.67K | 1.13K | 1.12K | 0.00 |
| Gross Profit | -35.05M | -16.91M | 427.67K | -7.16K | -1.35K | -224.00 |
| EBITDA | -40.56M | -41.62M | -3.19M | -7.79M | -1.13M | -426.05K |
| Net Income | -47.85M | -47.85M | -3.27M | -7.80M | -814.73K | -489.14K |
Balance Sheet | ||||||
| Total Assets | 97.27M | 97.27M | 30.94M | 21.54M | 5.83M | 6.86M |
| Cash, Cash Equivalents and Short-Term Investments | 8.38M | 8.38M | 7.88M | 2.62M | 1.50M | 5.01M |
| Total Debt | 28.02M | 26.83M | 2.51M | 1.35M | 0.00 | 250.00K |
| Total Liabilities | 78.47M | 78.47M | 4.11M | 3.12M | 235.97K | 553.64K |
| Stockholders Equity | 18.79M | 18.79M | 26.83M | 18.42M | -1.51M | -1.14M |
Cash Flow | ||||||
| Free Cash Flow | -49.43M | -49.43M | -7.58M | -4.08M | -3.16M | -665.72K |
| Operating Cash Flow | -36.84M | -36.84M | -3.34M | -1.68M | -711.59K | -201.53K |
| Investing Cash Flow | -12.62M | -12.62M | -4.25M | -2.40M | -2.45M | -464.19K |
| Financing Cash Flow | 49.87M | 49.87M | 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 |
|---|---|---|---|---|---|---|---|
66 Neutral | AU$317.43M | 9.57 | 13.71% | 3.31% | 48.57% | 666.83% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
53 Neutral | AU$456.43M | -56.92 | -3.24% | ― | ― | 30.85% | |
51 Neutral | AU$389.02M | -4.41 | -42.80% | ― | 3078.36% | -93.66% | |
48 Neutral | AU$284.20M | -34.19 | -8.09% | ― | ― | -10.71% | |
44 Neutral | AU$415.88M | -5.57 | -209.77% | ― | ― | -965.24% | |
35 Underperform | AU$438.93M | -108.70 | -4.34% | ― | ― | 28.13% |
Polymetals Resources Ltd. Corporate Events
Polymetals Resources Ltd has requested a trading halt on its securities as it prepares for a capital raising initiative. The halt is expected to last until the release of an announcement or the commencement of normal trading on December 3, 2025, indicating a strategic move to bolster its financial position.
Polymetals Resources Ltd announced a proposed issue of 1,250,000 ordinary fully paid securities, with the issuance date set for November 28, 2025. This strategic move is likely aimed at raising capital to support the company’s operations and growth initiatives, potentially impacting its market positioning and offering opportunities for stakeholders.
Polymetals Resources Ltd has secured additional working capital facilities to support its operations following an incident at the Endeavor Mine. Ocean Partners has offered a US$10 million bridging facility, and the company’s chairman has provided a A$5 million interest-free loan. The Endeavor Mine has resumed production with continuous shift operations, and investigations into the recent incident are ongoing. The company’s efforts to maintain operations and support its stakeholders underscore its commitment to long-term profitability in the mining sector.
Polymetals Resources Ltd. announced the results of its recent security holders’ meeting, where all resolutions were passed by poll. Key resolutions included the re-election of David Sproule, the ratification of prior securities issues, and the approval of an incentive plan. These decisions reflect strong shareholder support and are likely to enhance the company’s governance and operational strategies, potentially impacting its market positioning positively.
Polymetals Resources Ltd. announced significant progress in 2025 with the restart of the Endeavor Mine in Cobar, less than a year after its acquisition. The company achieved its first shipment of zinc concentrate in October 2025 and plans to ship silver-lead concentrate in early December. The company aims to reach steady-state operations by the January quarter, marking a crucial step in its growth as a silver and zinc producer.
Polymetals Resources Ltd has successfully recommenced operations at its Endeavor silver zinc mine in Cobar, NSW, following a tragic accident. The company has resumed mining and milling operations, with silver-lead concentrate deliveries underway and plans for a second shipment in early December. Exploration activities have expanded with additional drilling shifts and rigs to enhance productivity and test new targets. The company is also managing its working capital and exploring additional credit facilities to support its operations.
Polymetals Resources Ltd has announced the resumption of operations at its Endeavor Silver-Zinc Mine following a tragic incident that resulted in the loss of two employees. The company is conducting a thorough review of its safety management systems and is working with regulatory bodies to investigate the cause of the accident. The staged resumption of operations is seen as essential for supporting employees and their families, and the company remains committed to ensuring the safety and wellbeing of its workforce.
Polymetals Resources Ltd, a company listed on the Australian Securities Exchange, has announced the lifting of a trading suspension following a serious safety incident at its Endeavor Mine Site. The reinstatement to quotation comes as the company releases an update on the potential consequences of the incident, which may have implications for its operations and stakeholders.
Polymetals Resources Ltd reported a tragic incident at its Endeavor Silver Zinc Mine, resulting in the deaths of two employees and injuries to another. The company has suspended all operations and is collaborating with authorities to investigate the cause of the incident, which occurred during shot firing preparations. Polymetals plans to resume operations in stages, starting with exploration drilling and concentrate transport, while providing ongoing support and counseling to its team. The incident underscores the company’s commitment to safety and its impact on the mining community.
Polymetals Resources Ltd has requested a suspension of its securities from quotation on the ASX due to a serious safety incident at the Endeavor Mine Site. The suspension will remain in effect until the company releases an announcement detailing the incident and its potential consequences, highlighting the importance of safety and operational transparency in the mining sector.
Polymetals Resources Ltd has requested a trading halt on its securities due to a serious safety incident at the Endeavor Mine Site. The halt is expected to last up to two trading days, pending an announcement detailing the incident and its consequences, highlighting the company’s commitment to transparency and safety in its operations.
Polymetals Resources Ltd has announced the discovery of a new zone of massive sulphides at the Carpark prospect, located south of the Endeavor Mine. This discovery, characterized by mineralized zones containing galena, sphalerite, chalcopyrite, pyrite, and barite, has prompted the company to accelerate its exploration activities. The visual evidence from recent drill holes suggests a significant mineralized structure, leading Polymetals to plan further drilling to test the extent of the mineralization. This development is expected to enhance the company’s resource base and potentially extend the mine life, providing a strategic advantage in the mining sector.
Polymetals Resources Ltd. has issued instructions for securityholders on how to complete and lodge a proxy form for their upcoming Annual General Meeting. The announcement outlines the process for appointing a proxy, voting on resolutions, and submitting the form by the specified deadline. This procedural update is crucial for shareholders to ensure their votes are counted and their interests represented at the meeting.
Polymetals Resources Ltd has announced its Annual General Meeting, scheduled for November 21, 2025, in Brisbane. The meeting will involve voting on various resolutions by shareholders, with voting conducted via a poll. Shareholders are encouraged to participate either in person or by appointing a proxy to ensure their votes are counted. This meeting is crucial as it affects shareholder interests and the company’s governance.
Polymetals Resources Ltd has made significant progress in ramping up operations at its Endeavor Mine, producing 15,667 dry metric tonnes of zinc and silver-lead concentrates in the quarter ending September 2025. The company achieved a milestone by generating enough revenue to cover operating costs and repay $2.5 million of debt. The first shipment of zinc concentrate is scheduled for October, with silver-lead concentrate to follow in November. The company is also exploring options to unlock value from existing tailings, driven by rising silver and gold prices, which could impact future resource estimates.
Polymetals Resources Ltd has issued a Corporate Governance Statement effective from September 29, 2025, detailing its adherence to the ASX’s 4th edition of Corporate Governance Principles and Recommendations. The statement outlines the company’s commitment to solid management foundations, including the establishment of board committees, a diversity policy, and measures for director appointments and accountability. This governance framework is designed to enhance transparency and accountability, potentially strengthening stakeholder confidence and positioning the company favorably within the industry.
Polymetals Resources Ltd has released its corporate governance statement for the financial year ending June 30, 2025, which is available on their website. The statement confirms the company’s adherence to the ASX Corporate Governance Council’s principles and recommendations, highlighting their commitment to transparency and accountability. This announcement is significant as it underscores Polymetals Resources Ltd’s dedication to maintaining high governance standards, which is crucial for stakeholder trust and the company’s reputation in the market.
Polymetals Resources Ltd announced a clarification regarding its seismic survey at the Endeavor Silver Zinc Mine and the application for a $70,000 grant from the NSW Government. The passive seismic survey aims to explore the structural architecture of the mineralization, map a buried limestone unit, and identify new drilling targets, potentially enhancing the company’s mining capabilities and stakeholder value.
Polymetals Resources Ltd has reported significant operational progress at its Endeavor Silver Zinc mine, with increased production and successful debt repayment. The company is advancing logistics for the first shipment of zinc concentrate to South Korea and is actively pursuing exploration and metallurgical testing to enhance future production capabilities. The inclusion in the ASX All Ordinaries Index reflects the company’s growth and potential, benefiting stakeholders and reinforcing its market position.