Zinc of Ireland NL (ZMI) AI Stock Analysis

• Market Cap: €6.98M
• Dividend Yield: N/A
• Average Volume (3M): 324.75K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.20
• Revenue Growth: N/A
• EPS Growth: 57.81%
• Country: AU
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 63
• Industry: Industrial Materials
• EPS (TTM): >-0.01
• Shares Outstanding: 582,010,700
• 10 Day Avg. Volume: 386,920
• 30 Day Avg. Volume: 324,748
• PEG Ratio: >-0.01
• Price to Book (P/B): 0.21
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -1.42
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 40 Underperform
• Price Target: ―

Zinc of Ireland NL's overall stock score reflects significant financial struggles, with persistent losses and negative cash flows overshadowing the debt-free balance sheet. The technical analysis provides a slightly more positive outlook due to recent price performance above key moving averages, but the lack of other technical indicators limits confidence. Valuation remains a concern with a negative P/E ratio and no dividend yield, highlighting potential risks for investors.

Zinc of Ireland NL Business Overview & Revenue Model

Company Description

Zinc of Ireland NL (ZMI) is an exploration and development company focused on zinc mining projects, primarily in Ireland. The company is engaged in the identification, acquisition, and development of high-quality zinc assets, aiming to capitalize on the demand for zinc, a crucial industrial metal. ZMI's core activities include exploration, resource definition, and project development in its strategically located properties in the zinc-rich regions of Ireland.

How the Company Makes Money

Zinc of Ireland NL primarily generates revenue through the exploration and development of zinc mining projects. The company aims to increase its value by proving up mineral resources and reserves, which can then be developed for future mining operations. Revenue is expected to be generated from the sale of zinc concentrates, once the projects are brought into production. The company may also enter into joint ventures or partnerships with other mining companies to share exploration and development costs, thereby securing additional funding and expertise. As a junior mining company, ZMI's current focus is on advancing its projects to a stage where they can attract investment or acquisition by larger mining entities.

Zinc of Ireland NL Financial Statement Overview

Summary

Zinc of Ireland NL faces significant financial challenges, primarily due to the lack of revenue generation and persistent losses. Despite having a debt-free balance sheet, the declining asset base and negative cash flows pose risks to long-term sustainability. The company needs to enhance revenue streams and improve cash flow management to stabilize its financial position.

Income Statement

Zinc of Ireland NL has consistently reported no revenue over the years, leading to persistent negative EBIT and EBITDA. The net income has been negative, with a worsening trend, indicating ongoing operational challenges and a lack of profitability.

Balance Sheet

The company maintains a strong equity position with no debt, resulting in a favorable debt-to-equity ratio. However, the consistent decrease in total assets and stockholders' equity over the past years reflects potential asset management challenges and a decline in the overall financial stability.

Cash Flow

Operating cash flows have been negative, reflecting insufficient cash generation from core operations. The free cash flow has also been negative, with significant cash outflows in capital expenditures, indicating financial strain and potential liquidity issues.

Breakdown	TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement
Total Revenue	12.00	0.00	0.00	0.00	0.00	0.00
Gross Profit	-654.00	-785.00	-1.18K	-1.77K	-1.96K	0.00
EBITDA	-245.71K	-379.60K	-529.11K	-552.34K	-642.07K	0.00
Net Income	-704.85K	-1.67M	-530.28K	-554.11K	-644.03K	-832.50K
Balance Sheet
Total Assets	9.15M	8.92M	10.51M	10.60M	7.36M	7.59M
Cash, Cash Equivalents and Short-Term Investments	1.60M	331.91K	1.60M	2.46M	467.27K	992.38K
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00
Total Liabilities	73.04K	345.51K	210.48K	250.45K	274.27K	259.82K
Stockholders Equity	9.08M	8.57M	10.30M	10.35M	7.09M	7.33M
Cash Flow
Free Cash Flow	-729.49K	-1.27M	-1.26M	-1.07M	-674.98K	-2.24M
Operating Cash Flow	-241.46K	-387.42K	-443.02K	-491.24K	-460.69K	-838.24K
Investing Cash Flow	-488.03K	-881.11K	-817.74K	-582.65K	-169.29K	-1.24M
Financing Cash Flow	2.38M	0.00	397.03K	3.10M	120.00K	2.07M

Zinc of Ireland NL Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MLX	81 Outperform	$474.22M	4.72	27.43%	―	42.29%	604.35%
AMI	49 Neutral	$330.05M	23.21	4.44%	―	0.39%	―
PLS	46 Neutral	$4.01B	23.42	-1.04%	―	-65.07%	-102.37%
SYR	44 Neutral	$260.56M	―	-33.63%	―	-33.27%	-10.07%
Sector *	43 Neutral	AU$1.35B	-6.12	-40.62%	4.33%	-4.78%	-43.21%
ZMI	40 Underperform	€6.98M	―	-9.68%	―	―	57.81%
CBH	33 Underperform		―	-46.09%	―	―	38.72%

Zinc of Ireland NL Corporate Events

Zinc of Ireland NL Advances Exploration with Mt Clere Project Acquisition

Zinc of Ireland NL has made significant strides in its exploration efforts, highlighted by the acquisition of the Mt Clere Project in Western Australia. This project presents a promising drill-ready target with strong geophysical signatures, indicating potential for a major discovery. Additionally, the company is advancing its Kildare Zinc-Lead Project in Ireland and exploring opportunities at the Murchison Gold Project. The company is also monitoring zinc market fundamentals and seeking non-dilutive funding opportunities, while managing its project portfolio by surrendering certain exploration licenses in Manitoba, Canada.

Zinc of Ireland NL Targets ‘Bullseye’ Project in WA

Zinc of Ireland NL has released a corporate presentation highlighting its focus on the ‘Bullseye’ project in Western Australia. The presentation emphasizes the company’s strategic initiatives and the potential impact on its operations and market positioning, though it cautions that forward-looking statements are subject to uncertainties and risks.

Zinc of Ireland NL Releases Half-Year Financial Report

Zinc of Ireland NL has released its half-year report for the period ending December 31, 2024. The report provides insights into the company’s financial performance and operational activities during this period. This announcement is significant as it may influence the company’s market positioning and stakeholder decisions, reflecting its ongoing strategies and potential future developments.

Zinc of Ireland NL Announces New Securities Issuance

Zinc of Ireland NL announced a new issuance of 25 million ordinary fully paid securities, planned for February 19, 2030. This move is part of a strategic effort to raise capital, which could enhance the company’s operational capabilities and solidify its position within the zinc market, potentially impacting stakeholders positively.

Zinc of Ireland NL Announces Proposed Share Issuance

Zinc of Ireland NL has announced a proposed issuance of 15 million fully paid ordinary shares, scheduled for March 31, 2025. This strategic move aims to enhance the company’s financial flexibility and could potentially strengthen its market position within the zinc industry by enabling further investment in its operations.

Zinc of Ireland NL Announces Proposed Issue of Securities

Zinc of Ireland NL has announced a proposed issue of 25 million ordinary fully paid securities, with an expected issue date set for February 19, 2027. This move could potentially strengthen the company’s financial position, enhancing its ability to further develop its zinc exploration projects and possibly improving its standing in the competitive mining sector.

Zinc of Ireland to Explore Untapped Opportunities at Mt Clere Project

Zinc of Ireland NL (ZMI) has entered into an agreement to acquire a significant interest in the Mt Clere Project in Western Australia, a highly prospective area for mineral exploration. The project hosts a large geophysical anomaly with potential similarities to major global deposits, offering an untapped exploration opportunity due to previous technical challenges encountered by BHP in the 1990s. Recent advancements in geophysics have enhanced the prospectivity of this anomaly, and ZMI plans to commence drilling to explore its potential further.

Zinc of Ireland NL Initiates Trading Halt for Upcoming Project Acquisition Announcement

Zinc of Ireland NL has requested a trading halt on its securities as it prepares to make an announcement regarding the acquisition of a new project. This trading halt is expected to remain in place until the announcement is made or normal trading resumes on February 19, 2025, indicating a strategic move that could impact the company’s operations and market positioning.