Zinc of Ireland NL (AU:ZMI)
ASX:ZMI
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Zinc of Ireland NL
(Sydney:ZMI)
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Rating:52Neutral
Price Target:
AU$0.02
▲(90.00% Upside)
Action:ReiteratedDate:04/01/26
The score is primarily held back by weak financial performance—persistent losses and ongoing cash burn—despite the stabilizing benefit of a debt-free balance sheet. Technical indicators are comparatively supportive (price above key moving averages with positive MACD), but valuation is constrained by negative earnings and no stated dividend yield.
Positive Factors
Debt-free balance sheet
A debt-free balance sheet materially reduces refinancing and solvency risk for an exploration-stage miner. Over a multi-month horizon this provides flexibility to time capital raises, pursue JV or offtake talks without immediate debt service pressure, and absorb exploration spend variability.
Negative Factors
Persistent negative operating cash flow
Chronic operating cash outflows indicate the core activities consume cash rather than generate it, necessitating repeated external funding. Over months this drains the equity cushion, increases dilution risk, and constrains the ability to progress projects without new capital or strategic partner contributions.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-free balance sheet
A debt-free balance sheet materially reduces refinancing and solvency risk for an exploration-stage miner. Over a multi-month horizon this provides flexibility to time capital raises, pursue JV or offtake talks without immediate debt service pressure, and absorb exploration spend variability.
Read all positive factors
Zinc of Ireland NL (ZMI) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$11.64M
Dividend YieldN/A
Average Volume (3M)692.21K
Price to Earnings (P/E)―
Beta (1Y)-0.63
Revenue GrowthN/A
EPS Growth38.71%
CountryAU
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding582,010,700
10 Day Avg. Volume285,156
30 Day Avg. Volume692,211
Financial Highlights & Ratios
PEG Ratio0.05
Price to Book (P/B)0.46
Price to Sales (P/S)4759.31
P/FCF Ratio-3.29
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Zinc of Ireland NL Business Overview & Revenue Model
Company Description
Zinc of Ireland NL operates as a mineral exploration and development company in Ireland. The company explores for zinc, lead, and silver deposits. Its flagship project is the Kildare project covering an area of approximately 240 square kilometers ...
How the Company Makes Money
Zinc of Ireland NL generates revenue primarily through the exploration, development, and eventual sale or licensing of zinc and lead deposits. The company invests in mineral exploration activities to identify commercially viable deposits and aims ...
Zinc of Ireland NL Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
62
Positive
Cash Flow
28
Negative
| Breakdown | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 974.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 974.00 | -785.00 | -1.18K | -1.77K | -1.96K |
| EBITDA | -1.61M | -1.57M | -529.11K | -552.34K | -642.07K |
| Net Income | -1.81M | -1.67M | -530.28K | -554.11K | -644.03K |
Balance Sheet | |||||
| Total Assets | 10.64M | 8.92M | 10.51M | 10.60M | 7.36M |
| Cash, Cash Equivalents and Short-Term Investments | 1.25M | 331.91K | 1.60M | 2.46M | 467.27K |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 634.51K | 345.51K | 210.48K | 250.45K | 274.27K |
| Stockholders Equity | 10.01M | 8.57M | 10.30M | 10.35M | 7.09M |
Cash Flow | |||||
| Free Cash Flow | -1.41M | -1.27M | -1.26M | -1.07M | -674.98K |
| Operating Cash Flow | -399.11K | -387.42K | -443.02K | -491.24K | -460.69K |
| Investing Cash Flow | -1.06M | -881.11K | -817.74K | -582.65K | -169.29K |
| Financing Cash Flow | 2.38M | 0.00 | 397.03K | 3.10M | 120.00K |
Zinc of Ireland NL Peers Comparison
UnderperformOutperform
Sector (61)
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% | |
52 Neutral | AU$11.64M | -4.49 | -17.60% | ― | ― | 38.71% | |
46 Neutral | AU$8.74M | -2.01 | -8.86% | ― | ― | 6.25% | |
44 Neutral | AU$30.79M | -1.07 | -47.54% | ― | ― | ― | |
43 Neutral | AU$5.88M | -1.75 | -318.64% | ― | ― | ― | |
42 Neutral | AU$22.49M | -0.23 | -83.29% | ― | ― | 20.83% | |
42 Neutral | AU$9.59M | -1.36 | -57.07% | ― | ― | 44.90% |
* Basic Materials Sector Average
AU:ZMI
Zinc of Ireland NL
0.02
<0.01
33.33%
AU:MGU
Magnum Mining and Exploration Limited
0.01
0.00
0.00%
AU:YAR
Consolidated Zinc Limited
0.01
0.00
0.00%
AU:VAR
Variscan Mines Limited
0.01
0.00
0.00%
AU:AKN
AuKing Mining Ltd
0.02
<0.01
80.00%
AU:SVY
Stavely Minerals Ltd
0.01
0.00
0.00%
Zinc of Ireland NL Corporate Events
Zinc of Ireland Plans Major Equity Issue to Expand Capital Base
Apr 9, 2026
Zinc of Ireland NL has outlined a proposed capital raising involving the issue of 153 million new ordinary shares on the ASX, alongside large tranches of performance rights and options across several new security classes. The issuance is structure...
Zinc of Ireland Plans Major Equity and Incentive Securities Issuance
Apr 9, 2026
Zinc of Ireland NL has outlined a substantial proposed issue of securities, including up to 550 million new fully paid ordinary shares and large tranches of performance rights and options for directors, advisers, and officers. The issue, scheduled...
Zinc of Ireland buys Dutch metals tech firm in pivot to cleaner processing
Apr 9, 2026
Zinc of Ireland NL has agreed to acquire Netherlands-based Metallon Clean Extractions BV, gaining its proprietary ARGO and VOLTA hydrometallurgical technologies for treating zinc leach residue and recycling lead-acid batteries with lower energy us...
Zinc of Ireland Seeks ASX Trading Halt Ahead of Capital Raising and Acquisition News
Apr 7, 2026
Zinc of Ireland NL has requested a trading halt in its securities on the ASX as it prepares to announce a capital raising and an acquisition. The halt will remain in place until the anticipated announcement is released or until normal trading resu...
Zinc of Ireland director Jerry Monzu steps down with no security interests
Mar 22, 2026
Zinc of Ireland NL has announced that director Jerry Monzu has ceased to be a director of the company as of 20 March 2026, with the change disclosed to the ASX in accordance with listing rule requirements. The company reported that Monzu holds no ...
Zinc of Ireland Director Resigns but Retains Key Governance Role
Mar 22, 2026
Zinc of Ireland NL has announced the immediate resignation of Non-Executive Director Jerry Monzu, who is stepping down from the board due to other professional commitments. He will, however, remain with the company as Company Secretary and continu...
Zinc of Ireland Focuses on Geophysical Modelling and Portfolio Review in December Quarter
Jan 29, 2026
Zinc of Ireland NL’s December 2025 quarter was dominated by technical interpretation and planning rather than field activity, with the company advancing geophysical modelling at its flagship Rathdowney Zinc-Lead Project in Ireland and mainta...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.