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Tempest Minerals Limited
(Sydney:TEM)
Tempest Minerals Limited (TEM) vs. iShares MSCI Australia ETF (EWA)
Tempest Minerals Limited Business Overview & Revenue Model
Tempest Minerals Limited Financial Statement Overview
| Breakdown | |||||
| TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | Gross Profit |
| -2.87K | -5.48K | -6.23K | -6.17K | -3.00K | -4.01K | EBIT |
| -534.40K | -1.05M | -1.30M | -1.08M | -1.08M | -1.73M | EBITDA |
| -596.00K | -869.82K | -1.06M | -1.08M | -1.08M | -1.65M | Net Income Common Stockholders |
| -598.86K | -875.22K | -1.07M | -953.52K | -754.76K | -1.65M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 965.46K | 1.90M | 3.86M | 8.25M | 1.11M | 106.01K | Total Assets |
| 11.17M | 10.83M | 11.55M | 12.68M | 3.06M | 1.29M | Total Debt |
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | Net Debt |
| -542.44K | -1.47M | -2.64M | -7.89M | -785.21K | -106.01K | Total Liabilities |
| 220.88K | 334.50K | 267.17K | 386.27K | 88.46K | 149.97K | Stockholders Equity |
| 10.95M | 10.50M | 11.28M | 12.30M | 2.97M | 1.14M |
| Cash Flow | Free Cash Flow | ||||
| -990.99K | -2.10M | -4.70M | -3.06M | -1.81M | -1.57M | Operating Cash Flow |
| -396.41K | -952.25K | -927.06K | -1.08M | -855.59K | -1.11M | Investing Cash Flow |
| 375.42K | -211.97K | -4.35M | -1.90M | -795.16K | -412.48K | Financing Cash Flow |
| 733.40K | -14.62K | 21.51K | 10.08M | 2.33M | 1.34M |
Tempest Minerals Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
56 Neutral | AU$12.67M | 4.92 | 8.76% | ― | ― | ― | |
51 Neutral | $2.04B | -1.15 | -21.37% | 3.64% | 2.88% | -30.57% | |
46 Neutral | $73.67M | ― | -6.55% | ― | ― | -50.00% | |
37 Underperform | $113.05M | ― | -9.46% | ― | ― | 41.29% | |
35 Underperform | €2.94M | ― | -9.27% | ― | ― | 5.00% | |
35 Underperform | AU$2.33M | ― | ― | ― | 22.22% | ||
32 Underperform | $15.17M | ― | -53.93% | ― | ― | -1133.33% |
Tempest Minerals Limited Corporate Events
Tempest Minerals Ltd has announced the completion of its inaugural inferred resource estimate for the Remorse Magnetite Iron Deposit, marking a significant milestone in the transition from exploration to resource definition. The estimate, which comprises 63.5 million tonnes at 30.6% iron, provides a foundation for future development studies and potential mining operations. The company anticipates further increases in resource size with ongoing drilling and development. This development positions TEM to advance from an explorer to a developer, supported by a memorandum of understanding with GreenSteel and Iron Pty Ltd for potential processing synergies.
Tempest Minerals Limited has announced a significant discovery at its Remorse Iron project, with an initial exploration target of up to 110 million tonnes at 30-32% iron. The company has commenced project development studies and signed a memorandum of understanding with WA Developer Green Steel and Iron Developer. Additionally, Tempest is preparing for further gold exploration across its portfolio and has announced a capital raising initiative to generate up to $1.869 million. These developments are expected to enhance Tempest’s operational capabilities and strengthen its position in the mining industry.
Tempest Minerals Limited has announced a proposed issue of securities, including options and ordinary fully paid shares, with a total of 153,035,895 securities to be issued. This move is aimed at raising capital, potentially enhancing the company’s financial position and enabling further exploration and development activities, which could impact its market positioning and stakeholder interests.
Tempest Minerals Ltd has successfully raised $400,000 through a placement to sophisticated and wholesale investors, aimed at advancing its gold exploration and Remorse Iron development projects in Western Australia. The funds will support ongoing exploration activities and the development of the Remorse Iron discovery, positioning the company to expand its portfolio and strengthen its market presence. The company also plans a non-renounceable entitlement issue to raise additional funds, with Cygnet Capital Pty Ltd appointed as the lead manager.
Tempest Minerals Limited has requested a trading halt on its securities from the Australian Securities Exchange (ASX) as it finalizes a capital raising initiative. This move is expected to impact the company’s operations by potentially enhancing its financial position, which may influence its market strategy and stakeholder interests.
Tempest Minerals Limited announced the cancellation of a previously proposed securities placement, initially intended to raise capital. This decision may impact the company’s financial strategy and market positioning, as stakeholders will need to reassess the company’s future funding plans and operational focus.
Tempest Minerals Ltd announced the termination of its binding agreement with Cambrian Limited and will not proceed with the proposed placement mentioned earlier this month. The company is exploring alternative fundraising options and will provide updates to the market when feasible, indicating a shift in its strategic financial planning.
Tempest Minerals Limited has requested a trading halt on its securities pending an announcement related to a proposed capital raising. This trading halt will remain in effect until the company releases the announcement or until the commencement of normal trading on April 16, 2025. The halt is intended to provide the market with updated information regarding the capital raising, which was initially announced on April 2, 2025.
Tempest Minerals Limited has announced a proposed issue of 10,000,000 new securities in the form of options, exercisable at $0.01 and expiring 24 months from the date of issue. This move is part of a placement or other type of issue, potentially impacting the company’s capital structure and providing additional funding for its operations, which could influence its market positioning and stakeholder interests.
Tempest Minerals Limited has announced a proposed issue of securities, including 100 million options exercisable at $0.007 and 200 million fully paid ordinary shares. This strategic move is expected to bolster the company’s capital structure, potentially enhancing its operational capabilities and market positioning.
Tempest Minerals Ltd has announced a private placement to raise AUD$1,000,000, with Cambrian Limited, an international natural resources investor, committing AUD$250,000 as a cornerstone investor. The funds will be used to advance the company’s exploration projects in Western Australia, particularly the promising Remorse Project, which has shown potential for significant iron ore deposits. The placement will occur in two tranches, with shareholder approval sought for the second tranche, and a pro-rata rights issue planned for existing shareholders.
Tempest Minerals Limited has released its interim financial report for the half-year ending December 31, 2024. The report includes consolidated financial statements and highlights the company’s ongoing exploration activities. The document also contains a Competent Person Statement, ensuring the scientific and technical information is prepared by a qualified expert. The release reaffirms the company’s commitment to transparency in reporting exploration results and maintaining compliance with industry standards.
Tempest Minerals Ltd has commenced metallurgical testing for its Remorse magnetite iron discovery within the Yalgoo Project in Western Australia. The testing, involving over 5 tonnes of samples, aims to assess processing variables, with initial results expected in March 2025. This development is part of Tempest’s broader strategy to advance the Remorse deposit, potentially positioning the company as a future supplier in the iron and steel industry, particularly in collaboration with Green Steel and Iron Pty Ltd to explore green steelmaking opportunities.
Tempest Minerals Limited has announced a change in the indirect interest of its Director, Owen Burchell, involving the acquisition of 666,667 ordinary shares by Celbridge Investments Pty Ltd, where he serves as a director and shareholder. This transaction, executed as an on-market trade, increases Burchell’s total holding to 13,669,889 ordinary shares, potentially impacting the company’s governance and market perception.
Tempest Minerals Limited has entered into a Memorandum of Understanding with Green Steel and Iron Pty Ltd to collaborate on developing the Remorse magnetite deposit for green steelmaking processes. This partnership aims to position Tempest at the forefront of the low-carbon steel industry by leveraging GreenSteel’s expertise and Tempest’s resources, potentially fast-tracking the processing of magnetite from the Remorse deposit. The agreement could significantly enhance Tempest’s market positioning by securing local off-takers, planning for new infrastructure, and exploring synergies for long-term business strategies.