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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 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 39.39M | 335.42K | 427.67K | 1.13K | 1.12K | 0.00 |
| Gross Profit | -60.13M | -16.91M | 427.67K | -7.16K | -1.35K | -224.00 |
| EBITDA | -63.26M | -41.62M | -3.19M | -7.79M | -1.13M | -426.05K |
| Net Income | -75.49M | -47.85M | -3.27M | -7.80M | -814.73K | -489.14K |
Balance Sheet | ||||||
| Total Assets | 126.87M | 97.27M | 30.94M | 21.54M | 5.83M | 6.86M |
| Cash, Cash Equivalents and Short-Term Investments | 30.12M | 8.38M | 7.88M | 2.62M | 1.50M | 5.01M |
| Total Debt | 36.72M | 26.83M | 2.51M | 1.35M | 0.00 | 250.00K |
| Total Liabilities | 93.30M | 78.47M | 4.11M | 3.12M | 235.97K | 553.64K |
| Stockholders Equity | 33.57M | 18.79M | 26.83M | 18.42M | -1.51M | -1.14M |
Cash Flow | ||||||
| Free Cash Flow | -69.70M | -49.43M | -7.58M | -4.08M | -3.16M | -665.72K |
| Operating Cash Flow | -60.83M | -36.84M | -3.34M | -1.68M | -711.59K | -201.53K |
| Investing Cash Flow | -9.21M | -12.62M | -4.25M | -2.40M | -2.45M | -464.19K |
| Financing Cash Flow | 94.71M | 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 |
|---|---|---|---|---|---|---|---|
72 Outperform | AU$275.98M | 2.58 | 16.50% | 3.30% | 48.57% | 666.83% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
55 Neutral | AU$447.71M | -30.39 | -3.24% | ― | ― | 30.85% | |
47 Neutral | AU$306.18M | -55.21 | -1.74% | ― | ― | 28.13% | |
47 Neutral | AU$205.06M | -21.44 | -5.27% | ― | ― | -10.71% | |
42 Neutral | AU$329.31M | -1.98 | -42.80% | ― | 3078.36% | -93.66% | |
40 Neutral | AU$204.48M | -2.47 | -288.35% | ― | ― | -965.24% |
Polymetals Resources Ltd. Corporate Events
Polymetals Resources Ltd has reported a change in the holdings of director Alistair Heatley Barton, following shareholder approval at an extraordinary general meeting on 20 February 2026. Barton disposed of 187,500 ordinary shares held in his own name at an effective price of A$0.35 per share, offset entirely by repayment of an equivalent employee loan, resulting in no net cash payment.
After the transaction, Barton’s direct holding decreased to 93,750 shares, while his indirect interests through the Barton Superannuation Fund remained at 737,696 shares and joint holdings with his wife Laisa Barton totaled 22,000 shares. The adjustment, conducted in accordance with shareholder-approved terms, refines the director’s equity and loan position without altering the overall number of shares on issue, and signals continued transparency around director-related financing arrangements.
The most recent analyst rating on (AU:POL) stock is a Sell with a A$0.94 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 cancelled 562,500 ordinary fully paid shares following a selective buy-back completed on March 6, 2026. The notification, lodged as an Appendix 3H with the ASX, indicates a reduction in the company’s issued capital, which may marginally increase ownership percentages for remaining shareholders and slightly adjust the company’s capital structure.
The cessation of these securities signals an active approach to managing the share register, potentially reflecting capital management objectives or targeted restructuring of specific holdings. While the release contains limited operational detail, the buy-back and cancellation can have implications for earnings per share calculations and may be viewed as a corporate governance and capital efficiency measure by investors.
The most recent analyst rating on (AU:POL) stock is a Sell with a A$0.94 price target. To see the full list of analyst forecasts on Polymetals Resources Ltd. stock, see the AU:POL Stock Forecast page.
Polymetals Resources has begun mining high-grade silver ore from the Upper North Lode at its Endeavor mine, with initial production of about 11,000 tonnes showing materially higher silver grades than previously modelled due to the presence of native silver. The company is trialling a 30,000-tonne direct shipping ore parcel to smelters to capture additional value from silver and payable gold that would not be fully recovered through on-site processing.
Management says the stronger grades and ability to direct ship ore support higher revenues, underpinning growth and prompting work to convert more mineral resources into ore reserves at higher silver price assumptions. With a zinc concentrate shipment imminent, the first DSO cargo to follow and significant inventory of concentrate and stockpiled ore, Polymetals expects more consistent cash flow and a firmer financial footing for future operations.
The most recent analyst rating on (AU:POL) stock is a Sell with a A$0.94 price target. To see the full list of analyst forecasts on Polymetals Resources Ltd. stock, see the AU:POL Stock Forecast page.
Polymetals Resources reported its first half-year of revenue-generating operations for the period ended 31 December 2025, following the commencement of concentrate shipments, delivering revenue of $39.39 million where there had been none a year earlier. Despite this milestone, the company posted a significantly higher after-tax loss of $34.54 million compared with $6.90 million in the prior corresponding period, reflecting ramp-up costs and early-stage operational impacts, although net tangible assets per share more than doubled, suggesting an improved asset base for shareholders.
The loss before interest, tax, depreciation and amortisation widened to $28.35 million from $5.58 million, underscoring the financial strain of transitioning into production while the business scales. No dividends were declared for the period, indicating that cash is being retained to support operations and growth as the company builds its position as a new revenue-generating producer in the mining sector.
The most recent analyst rating on (AU:POL) stock is a Sell with a A$0.94 price target. To see the full list of analyst forecasts on Polymetals Resources Ltd. stock, see the AU:POL Stock Forecast page.
Polymetals Resources Limited reported the results of its 20 February 2026 meeting of security holders, where shareholders voted via poll on several key capital management resolutions. The meeting focused on selective share buy-backs involving specific holders and the ratification of a prior share placement, reflecting ongoing adjustments to the company’s capital structure.
All four resolutions were passed with overwhelming support, with each buy-back motion and the ratification of the previous placement receiving more than 99% of votes cast in favour. The strong backing from shareholders and directed proxies signals broad investor approval of management’s approach to capital management and may enhance the company’s flexibility in future financing or strategic transactions.
The most recent analyst rating on (AU:POL) stock is a Sell with a A$0.94 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 circulated a proxy form to its shareholders ahead of an Extraordinary General Meeting (EGM) to formalise voting and participation procedures. The company is seeking shareholder approval for several resolutions, including selective buy-backs of loan-funded shares held by Sproule, Barton and Oram, as well as the ratification of a prior share issue, with the chair indicating an intention to vote undirected proxies in favour of all items, signalling a coordinated effort to streamline the capital structure and validate past equity transactions. The notice details how shareholders can appoint proxies, lodge voting instructions online, by mail, fax or in person, and sets deadlines and signing requirements, underscoring the company’s emphasis on procedural compliance and shareholder engagement in decisions that may affect its equity base and governance.
The most recent analyst rating on (AU:POL) stock is a Buy with a A$1.35 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 called a shareholder meeting to be held on 20 February 2026 at the Brisbane offices of law firm K&L Gates, with all resolutions to be decided by poll. The notice outlines voting eligibility, encourages shareholders to lodge directed proxies in advance, and details both online and paper-based proxy appointment procedures, underscoring the company’s emphasis on formal shareholder engagement in upcoming corporate decisions.
The most recent analyst rating on (AU:POL) stock is a Buy with a A$1.35 price target. To see the full list of analyst forecasts on Polymetals Resources Ltd. stock, see the AU:POL Stock Forecast page.
Polymetals Resources’ December 2025 quarter was dominated by the fatal unintended detonation of a ballistic disc at the Endeavor Mine, which resulted in two employee deaths, injuries, and a temporary shutdown while independent and regulatory investigations and a comprehensive review of explosives-handling procedures were conducted. Operations were progressively restarted from mid-November, and despite workforce disruptions and reduced productivity, the company achieved its first shipments of zinc and silver-lead concentrates, advanced near-mine and regional exploration with expanded drilling capacity, commenced mining of the Upper North Lode, and strengthened its balance sheet through additional working capital facilities and a $34.4 million institutional placement, ending the quarter with significant cash and available finance to support ramp-up and exploration efforts.
The most recent analyst rating on (AU:POL) stock is a Buy with a A$1.35 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 disclosed a change in the interests of director David Sproule following the issue of 125,000 fully paid ordinary shares to the Sproule Superannuation Fund under the company’s Employee Share Plan, which was approved at the 2024 AGM. The new shares vested upon achievement of the third milestone under the plan and are subject to an attaching loan of $0.35 per share, repayable on sale of the shares or by 19 December 2028, marginally increasing Sproule’s overall indirect holding and signalling continued alignment of management incentives with shareholder outcomes through performance-based equity.
The most recent analyst rating on (AU:POL) stock is a Buy with a A$1.35 price target. To see the full list of analyst forecasts on Polymetals Resources Ltd. stock, see the AU:POL Stock Forecast page.