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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 |
| EBITDA | -5.55M | -3.19M | -7.79M | -1.13M | -423.78K |
| Net Income | -8.57M | -3.27M | -7.80M | -814.73K | -489.14K |
Balance Sheet | |||||
| Total Assets | 78.71M | 30.94M | 21.54M | 5.83M | 6.86M |
| Cash, Cash Equivalents and Short-Term Investments | 5.52M | 7.88M | 2.62M | 1.50M | 5.01M |
| Total Debt | 12.81M | 2.51M | 1.35M | 0.00 | 250.00K |
| 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 |
|---|---|---|---|---|---|---|---|
45 Neutral | AU$200.50M | ― | -39.56% | ― | ― | 51.63% | |
43 Neutral | AU$1.38B | -6.10 | -40.62% | 4.17% | -4.78% | -43.21% | |
| $5.43B | 162.29 | 2.27% | ― | ― | ― | ||
| $17.09B | 21.45 | 11.01% | 2.44% | ― | ― | ||
| $890.05M | 41.67 | -5.02% | ― | ― | ― | ||
| $9.86B | 21.16 | 16.97% | 1.78% | ― | ― |
Polymetals Resources Ltd. Corporate Events
Polymetals Resources Ltd has successfully completed the refurbishment of its Endeavor processing plant, leading to the production of saleable silver-lead and zinc concentrates. The company is ramping up its mining and processing operations to planned levels, with the first shipments of zinc and silver-lead concentrates set to commence shortly. This development marks a significant step in Polymetals’ operational strategy, enhancing its production capabilities and market positioning.
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 the commencement of commercial production at its Endeavor silver zinc mine, marking a significant milestone for the company. The production of silver-lead and zinc concentrates is underway, with the first shipments of zinc concentrate expected in early July. This development is anticipated to generate initial cash flow in June and represents a successful revitalization of the mine, promising a lengthy operational life that benefits both shareholders and the Cobar region.
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 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.