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Scorpion Minerals Limited
(Sydney:SCN)
Scorpion Minerals Limited (SCN) vs. iShares MSCI Australia ETF (EWA)
Scorpion Minerals Limited Business Overview & Revenue Model
Scorpion Minerals Limited Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 960.00K | 0.00 |
| Gross Profit | 0.00 | 0.00 | 0.00 | 0.00 | 270.00 | 0.00 |
| EBITDA | -2.11M | -3.78M | 6.71K | -3.17M | -868.00K | 0.00 |
| Net Income | -3.79M | -3.79M | -3.20M | -3.24M | -944.00K | -2.24M |
Balance Sheet | ||||||
| Total Assets | 5.18M | 5.18M | 5.92M | 4.97M | 5.59M | 2.33M |
| Cash, Cash Equivalents and Short-Term Investments | 680.68K | 680.68K | 367.77K | 389.09K | 3.36M | 133.87K |
| Total Debt | 572.45K | 572.45K | 719.14K | 904.81K | 1.20M | 1.28M |
| Total Liabilities | 1.33M | 1.33M | 1.67M | 1.98M | 1.90M | 2.68M |
| Stockholders Equity | 3.85M | 3.85M | 4.25M | 2.99M | 3.69M | -347.57K |
Cash Flow | ||||||
| Free Cash Flow | -1.26M | -1.26M | -2.80M | -2.42M | -2.03M | -1.39M |
| Operating Cash Flow | -1.26M | -1.26M | -2.80M | -2.32M | -2.03M | -1.39M |
| Investing Cash Flow | -100.00K | -100.00K | 0.00 | 845.51K | 0.00 | 0.00 |
| Financing Cash Flow | 1.67M | 1.67M | 2.78M | -239.32K | 3.99M | 1.35M |
Scorpion Minerals Limited Technical Analysis
Scorpion 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% | |
53 Neutral | AU$25.22M | -2.32 | -26.42% | ― | ― | 13.24% | |
50 Neutral | AU$12.47M | -2.31 | -94.59% | ― | ― | 27.23% | |
48 Neutral | AU$21.85M | -4.77 | -93.49% | ― | ― | -4.88% | |
46 Neutral | AU$33.51M | -9.50 | -42.05% | ― | ― | -150.00% | |
45 Neutral | AU$7.01M | -4.81 | -9.51% | ― | ― | -17.39% | |
42 Neutral | AU$8.83M | -4.00 | -53.65% | ― | ― | -66.67% |
Scorpion Minerals Limited Corporate Events
Scorpion Minerals Limited has reported a change in director Peter Koller’s interests, disclosing an on-market purchase of 450,000 fully paid ordinary shares on 23 December 2025 for a consideration of $14,100. Following this transaction, Koller’s direct holding in fully paid ordinary shares increased to 17,501,963, with no changes to his various option holdings or to the shares held indirectly through 16Psyche Pty Ltd, signalling a modest increase in insider ownership that may be interpreted by investors as a vote of confidence in the company.
Scorpion Minerals has disclosed a change in director Michael Kitney’s interests, with the director indirectly acquiring 65,000 additional fully paid ordinary shares via the Emdale Family account in an on-market purchase valued at $2,015. Following the transaction, Kitney’s indirect holding of ordinary shares in the company has increased to 1,015,000, while his existing holdings of various classes of unlisted options remain unchanged, signalling a modest increase in his equity exposure and potentially reinforcing perceptions of board alignment with investor interests.
Scorpion Minerals Limited has issued a cleansing prospectus for an offer of up to 10,000 new shares at $0.025 per share, primarily to remove trading restrictions on all shares issued or quoted on the ASX by the company prior to the closing date. The transaction-specific prospectus, prepared under section 713 of the Corporations Act and for the purposes of section 708A(11), is largely administrative in nature, aimed at ensuring existing and future shareholders can freely trade previously issued shares on the ASX, thereby supporting liquidity in the company’s stock rather than raising significant new capital.
Scorpion Minerals Limited has applied to the ASX for quotation of 4,150,000 new ordinary fully paid shares, to be issued on 23 December 2025. The additional securities, arising from the exercise or conversion of existing instruments, will modestly increase the company’s listed share capital and may provide incremental funding flexibility and liquidity for shareholders, though without further detail the immediate strategic impact appears limited.
Scorpion Minerals Limited has lodged a notice of a proposed securities issue with the ASX, outlining plans to issue up to 83,333,333 new ordinary fully paid shares via a placement or similar capital-raising mechanism. The proposed issuance, scheduled for December 23, 2026, signals a significant potential capital raise that could fund future corporate or project activities while diluting existing shareholders, and may influence the company’s financial flexibility and market positioning depending on final pricing, demand and use of proceeds, which were not detailed in the filing.
Scorpion Minerals has secured an exclusive option to acquire 100% of the Old Prospect North and South tenements from Ozz Resources, consolidating ownership over a highly prospective 5km trend from Cap Lamp to Middle Bore within its Pharos Gold Project. The Old Prospect area hosts a JORC 2012-compliant mineral resource of 312,400 tonnes at 2.15 g/t gold for 21,600 ounces, 72% of which is in the Indicated category, supported by multiple high-grade historic drill intercepts and mineralisation that remains open along strike and at depth; Scorpion plans follow-up drilling to infill and extend the known 650-metre mineralised zone. Together with its recent MOU giving access to Gylden Resources’ 2.1Mtpa Kirkalocka processing plant, the acquisition strengthens Scorpion’s strategic position as a leading gold explorer in the Murchison, enhances its potential development pathway for Pharos, and may improve the project’s attractiveness and optionality for shareholders and regional stakeholders.
OZZ Resources Limited has entered into a binding option agreement granting Scorpion Minerals Limited an exclusive option to acquire 100% of OZZ’s interest in specified tenements and associated mining information, in a deal that includes an immediate $100,000 option fee and a further $2.5 million payable in cash or Scorpion shares upon satisfaction of conditions and exercise of the option before December 2026. The transaction, deemed a disposal of OZZ’s main undertaking and therefore subject to shareholder approval under ASX Listing Rule 11.2, comes while OZZ’s securities remain suspended from quotation, and the board says the deal offers attractive post‑tax value for shareholders as the company exits its main assets and continues to pursue new project and business acquisition opportunities while containing operational costs.
Scorpion Minerals Limited announced the cessation of 7,000,000 options that expired on December 1, 2025, without being exercised or converted. This cessation of securities could impact the company’s capital structure and may influence investor perception regarding the company’s future financial strategies.
Scorpion Minerals Limited announced a change in the director’s interest, with Mr. Peter Koller acquiring additional incentive options as approved at the company’s recent Annual General Meeting. This change reflects the company’s ongoing efforts to align management interests with shareholder value, potentially impacting the company’s operational strategies and stakeholder engagement.
Scorpion Minerals Limited announced a change in the director’s interest, specifically regarding Mr. Michael Kitney’s indirect interest in securities. The change involved the allotment of incentive options, as approved at the company’s Annual General Meeting on November 27, 2025. This move reflects the company’s strategy to incentivize its leadership, potentially impacting its operational dynamics and aligning the interests of its directors with shareholder value.
Scorpion Minerals Limited has announced the issuance of unquoted equity securities, specifically options with varying expiration dates and exercise prices, as part of their financial strategy. This issuance is likely to impact the company’s capital structure and could influence its market positioning by providing incentives to employees and potentially affecting stakeholder interests.
Scorpion Minerals Limited has announced the issuance of 3,500,000 ordinary fully paid securities, which will be quoted on the ASX. This move is part of the company’s strategy to enhance its capital structure and potentially improve its market positioning, offering stakeholders an opportunity for increased investment engagement.
Scorpion Minerals Limited announced that all resolutions at their Annual General Meeting on November 27, 2025, were passed by a poll. This outcome reflects strong shareholder support for the company’s strategic decisions, including the re-election of directors and approval of placement facilities, which may enhance its operational capabilities and market position.
Scorpion Minerals Limited has entered a strategic Memorandum of Understanding (MOU) with GreatPower Nickel and Cobalt Materials to advance its lithium business in Western Australia. The agreement involves GreatPower providing USD10 million in staged funding to help Scorpion establish and develop a lithium asset, with GreatPower receiving significant offtake rights. This partnership highlights Scorpion’s expertise in lithium project development and positions the company to capitalize on the growing demand for lithium, while also exploring new project opportunities.
Scorpion Minerals Limited has announced its Annual General Meeting scheduled for 27 November 2025, where shareholders can vote on resolutions electronically or in person. The company is adapting to recent legislative changes by providing meeting notices electronically, encouraging shareholders to participate online or appoint proxies, reflecting a shift towards digital engagement.
Scorpion Minerals Limited has announced its Annual General Meeting, scheduled for November 27, 2025, where shareholders will discuss the company’s financial performance and vote on the adoption of the Remuneration Report. This meeting is significant as it provides shareholders with the opportunity to review the company’s financial health and management strategies, potentially impacting future governance and operational decisions.
Scorpion Minerals Limited has announced the lifting of its trading suspension following the release of significant updates. These updates include assay results from its drilling program at the Pharos Gold Project, a tenement application, a potential strategic partnership agreement, and an update on the company’s financing activities. This announcement is expected to positively impact the company’s operations by enhancing its project development and potentially strengthening its market position through strategic partnerships.
Scorpion Minerals Limited announced promising assay results from its recent drilling at the Pharos Gold Project, indicating significant shallow high-grade gold mineralization. The company plans further drilling to explore historic high-grade targets. Additionally, Scorpion has entered a strategic partnership with Gylden Resources to explore development and processing opportunities, leveraging Gylden’s Kirkalocka processing plant. This collaboration aims to expedite the commercialization of Scorpion’s gold assets, enhancing its position in the gold exploration industry.
Scorpion Minerals Limited has requested an extension of its voluntary suspension from trading on the ASX. The company is awaiting the release of assay results from its Pharos Gold Project, a tenement application, and a potential strategic partnership agreement, as well as an update on its financing activities. This suspension is intended to remain until the company is ready to make a comprehensive announcement, highlighting the importance of these developments for its operations and market positioning.
Scorpion Minerals Limited has requested a voluntary suspension of its securities from the Australian Securities Exchange (ASX) pending an announcement. This suspension is related to the company’s ongoing drilling program at the Pharos Gold Project, a tenement application, potential strategic partnership, and updates on financing activities. The suspension will remain in place until the company is ready to make the announcement or until trading commences on October 28, 2025. This move indicates Scorpion Minerals’ strategic considerations and potential developments that could impact its market position and stakeholder interests.
Scorpion Minerals Limited has requested a trading halt on its securities pending the release of significant announcements. These include assay results from its drilling program at the Pharos Gold Project, a tenement application, a potential strategic partnership agreement, and updates on the company’s financing activities. The trading halt is expected to last until the market opens on 27 October 2025 or until the announcements are made, which could impact the company’s market positioning and stakeholder interests.
Scorpion Minerals Limited responded to an ASX query regarding unusual trading activity in its securities, attributing it to rising global gold prices and interest in its Pharos Gold Project. The company confirmed compliance with ASX rules and noted that assay results from recent drilling are expected soon, which may impact investor interest.