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Zenith Minerals Limited
(Sydney:ZNC)
Zenith Minerals Limited (ZNC) vs. iShares MSCI Australia ETF (EWA)
Zenith Minerals Limited Business Overview & Revenue Model
Zenith Minerals Limited Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 298.72K | 298.72K | 649.81K | 1.64M | 1.12M | 247.24K |
| Gross Profit | 285.23K | 298.72K | 668.32K | 1.62M | 1.11M | 226.98K |
| EBITDA | -1.43M | -1.43M | -59.07K | -6.73M | -868.21K | 820.57K |
| Net Income | -2.90M | -2.90M | -4.47M | -9.31M | 1.47M | 2.01M |
Balance Sheet | ||||||
| Total Assets | 14.42M | 14.42M | 14.47M | 19.30M | 26.82M | 13.32M |
| Cash, Cash Equivalents and Short-Term Investments | 1.52M | 1.52M | 2.86M | 6.58M | 15.37M | 6.47M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 725.00K | 725.00K | 435.43K | 881.53K | 303.81K | 340.68K |
| Stockholders Equity | 13.70M | 13.70M | 14.04M | 18.42M | 26.52M | 12.98M |
Cash Flow | ||||||
| Free Cash Flow | -1.33M | -1.33M | -3.36M | -6.36M | -5.65M | -4.39M |
| Operating Cash Flow | -1.33M | -1.33M | -838.17K | -6.30M | -5.65M | -4.38M |
| Investing Cash Flow | -1.76M | -1.76M | -280.44K | 375.17K | -45.08K | 492.13K |
| Financing Cash Flow | 2.54M | 2.54M | 0.00 | 273.68K | 11.77M | 4.76M |
Zenith Minerals Limited Technical Analysis
Zenith Minerals Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
67 Neutral | AU$23.98M | 12.36 | 9.77% | 8.14% | ― | -16.82% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
48 Neutral | AU$38.73M | -8.86 | -27.97% | ― | ― | -208.82% | |
44 Neutral | AU$52.19M | -11.73 | -21.11% | ― | -100.00% | 40.94% | |
40 Underperform | AU$16.87M | -4.62 | -136.26% | ― | ― | -79.31% |
Zenith Minerals Limited Corporate Events
Zenith Minerals Limited has announced a change in the interests of its director, Euan Jenkins. On December 16, 2025, Jenkins acquired 1,111,111 options, increasing his total holdings to 2,628,311 options, all exercisable at $0.077 and expiring on July 31, 2027. This change follows shareholder approval at the company’s Annual General Meeting, indicating a strategic move to align director interests with company performance.
Zenith Minerals Limited has announced the quotation of 2,777,777 new options on the Australian Securities Exchange, set to expire on July 31, 2027. This move is part of a previously announced transaction, potentially impacting the company’s market position by enhancing its financial flexibility and offering stakeholders new investment opportunities.
Zenith Minerals Limited has announced the completion of gold assays from its October 2025 reverse circulation drilling program at the Red Mountain Gold Project, revealing the expansion of the gold system to the north and west. The results indicate that gold mineralization remains open at depth and along a northwest-trending corridor. The company has commenced diamond drilling to further explore the breccia-hosted gold system, aiming to unlock deeper mineralization potential. This development is crucial for Zenith’s strategic positioning in the gold mining sector, as it demonstrates the scale and continuity of a large intrusion-related gold system, potentially enhancing stakeholder value.
Zenith Minerals Limited has issued 194,476 ordinary shares following the conversion of options at $0.077, set to expire on July 31, 2027. This strategic move is part of the company’s ongoing compliance with the Corporations Act 2001, ensuring transparency and adherence to regulatory standards, which may enhance investor confidence and company operations.
Zenith Minerals Limited announced the quotation of 194,476 fully paid ordinary securities on the Australian Securities Exchange (ASX), effective December 10, 2025. This move is part of the company’s strategy to enhance its capital structure, potentially impacting its market positioning and providing opportunities for stakeholders to engage with its growth trajectory.
Zenith Minerals Limited has issued a prospectus for the offering of new options, specifically targeting certain parties who sub-underwrote the Entitlement Offer and a small number of new options at a set price. The company emphasizes that the offers are speculative and not underwritten, with participation limited to invited investors. This move is part of a transaction-specific prospectus under the Corporations Act, aimed at raising funds while adhering to regulatory requirements. The announcement highlights the speculative nature of the investment and the legal restrictions on distribution, particularly excluding the United States, which could impact the company’s market engagement and investor base.
Zenith Minerals Limited has announced promising initial assay results from its Dulcie Drilling Programme in Western Australia, confirming the continuity and scale of the gold system in line with their Exploration Target. The results from the first eight holes indicate broad zones of shear-hosted gold mineralization, supporting the potential for JORC-compliant Inferred Resources and demonstrating a strong foundation for future growth in the Dulcie corridor.
Zenith Minerals Limited has announced significant findings from its reverse circulation drilling at the Red Mountain Gold Project in Queensland, revealing increased gold grades to the north. The results, including a notable intersection of 122 meters at 1.28 g/t gold, enhance the understanding of the mineralised system’s geometry and lateral extent. This advancement strengthens the company’s geological model and supports future drilling efforts, positioning Zenith to further explore and expand this promising gold system.
Zenith Minerals Limited has requested a trading halt on its securities pending the release of initial reverse-circulation assay results from its Red Mountain drilling program. This trading pause is intended to provide the company time to prepare and disseminate important information that could impact its market position and stakeholder interests.
Zenith Minerals Limited held its Annual General Meeting where shareholders voted on various resolutions, including the adoption of the remuneration report and the re-election of a director. All resolutions were carried with significant support. Additionally, the company announced the retirement of Director Geoff Rogers, acknowledging his contributions to the board and wishing him well in future endeavors.
Zenith Minerals Limited presented at the Noosa Mining Investor Conference, emphasizing their ongoing commitment to mineral exploration and development. The presentation reiterated previously disclosed exploration results, confirming no new material changes. The announcement highlights the company’s strategic positioning in the mining sector and the stability of its exploration activities, which may reassure stakeholders about the company’s consistent operational focus.
Zenith Minerals Limited has issued 60,000,000 ordinary shares following a successful placement to Ida Metals Investments Pty Ltd. This strategic move is expected to enhance the company’s financial position and support its ongoing exploration and development activities, potentially strengthening its market position and benefiting stakeholders.
Zenith Minerals Limited has announced the issuance of 60 million ordinary fully paid securities, which will be quoted on the Australian Securities Exchange (ASX) under the code ZNC. This move is part of a previously disclosed transaction, potentially enhancing the company’s capital structure and supporting its growth initiatives in the mineral exploration sector.
Zenith Minerals Limited announced that its shareholders have approved the placement of shares to Ida Metal Investments Pty Ltd at a recent general meeting. This approval is expected to strengthen the company’s financial position and potentially enhance its market presence, reflecting positively on its strategic operations and stakeholder interests.
Zenith Minerals Limited has issued over one million ordinary shares following the conversion of options, with these shares being issued without disclosure under the Corporations Act. The company confirms compliance with relevant legal provisions and assures that there is no undisclosed information that would affect investors’ assessments of the company’s financial position or the rights attached to the shares.
Zenith Minerals Limited reported significant progress in its gold exploration projects during the quarter ending September 2025. The company confirmed the Intrusion-Related Gold System model at the Red Mountain Gold Project and initiated a major drilling campaign at the Consolidated Dulcie Gold Project. Financially, Zenith strengthened its position through a strategic placement and a rights issue, raising funds to accelerate exploration activities. The completion of a Turkish asset sale further bolstered its resources, allowing the company to focus on its Australian projects. These developments are expected to enhance Zenith’s operational momentum and industry positioning.
Zenith Minerals Limited has released a holdings range report for its unlisted options expiring on July 31, 2027, priced at $0.077. The report reveals that a significant majority of the issued share capital, 96.53%, is held by 80 holders with more than 100,000 units each, indicating a concentrated ownership structure. This concentration could impact the company’s strategic decisions and influence stakeholder dynamics.
Zenith Minerals Limited has released a report detailing the top holders of its unlisted options, which are set to expire on July 31, 2027, at an exercise price of $0.077. The report highlights that the largest holder, Mr. Austin Sydney Evan Miller, owns 18.74% of the options, followed by HSBC Custody Nominees (Australia) Limited with 6.42%. This distribution of holdings provides insight into the company’s shareholder structure and potential future capital movements.
Zenith Minerals Limited has announced a new class of options, ZNCOA, to be quoted on the ASX. These options are exercisable at $0.077 and will expire on July 31, 2027, with a total of 78,226,225 securities to be quoted. This move is part of Zenith’s strategy to strengthen its financial position and expand its operational capabilities, potentially impacting its market positioning and offering new opportunities for stakeholders.
Zenith Minerals Limited has issued 123,809 ordinary shares following the conversion of options, as part of its strategic financial maneuvers. This move, compliant with relevant corporate regulations, reflects the company’s ongoing efforts to manage its financial structure effectively, potentially impacting its market positioning and offering insights into its operational strategies.
Zenith Minerals Limited has announced the issuance of 123,809 fully paid ordinary securities, which will be quoted on the Australian Securities Exchange (ASX) under the code ZNC. This move is part of the company’s strategy to enhance its capital structure, potentially impacting its market position and providing additional resources for its operational and strategic initiatives.
Zenith Minerals Limited has commenced reverse-circulation drilling at its Red Mountain Gold Project, aiming to rapidly advance the discovery of a large, continuous gold system. The new drilling program seeks to define shallow extensions and lateral growth, with recent assays confirming a coherent gold zone extending beyond 530 meters in depth. The presence of visible gold and high-grade zones indicates significant potential for expansion, supported by a well-funded exploration strategy. This development positions Zenith to enhance its operations and potentially deliver substantial returns to stakeholders as the project progresses.
Zenith Minerals Limited has announced its Annual General Meeting (AGM) for shareholders, scheduled for November 24, 2025, in Perth. The company is shifting to electronic means for distributing the notice of the meeting, aligning with recent legislative changes. Shareholders are encouraged to submit proxy forms and questions in advance, highlighting a move towards more digital and efficient shareholder engagement.
Zenith Minerals Limited has announced its upcoming Annual General Meeting (AGM) scheduled for November 24, 2025, in Perth. Key agenda items include the consideration of financial statements, a non-binding resolution on the adoption of the remuneration report, the re-election of director Mr. Stanley Macdonald, approval of an additional 10% placement facility, and ratification of shares issued under the Dulcie transaction. These resolutions aim to strengthen the company’s governance and financial flexibility, potentially impacting shareholder value and company operations.
Zenith Minerals Limited has announced its 2025 Annual General Meeting will be held on 28 November 2025, with the closing date for director nominations set for 22 October 2025. This announcement is part of the company’s ongoing efforts to engage stakeholders and ensure effective governance, reflecting its commitment to advancing its exploration projects and enhancing shareholder value.
Zenith Minerals Limited has issued over one million ordinary shares following the conversion of options, as part of its ongoing financial activities. This move, compliant with the Corporations Act 2001, signifies the company’s adherence to regulatory requirements and reflects its commitment to maintaining transparency and providing stakeholders with necessary information for informed decision-making.
Zenith Minerals Limited has announced a change in the director’s interest, with Andrew Smith acquiring 1,763,153 ordinary shares and disposing of 1,063,153 options. This adjustment in shareholding reflects strategic financial maneuvers within the company, potentially impacting its market positioning and shareholder interests.
Zenith Minerals Limited has announced the issuance of 1,063,153 fully paid ordinary securities, which are set to be quoted on the ASX. This move is part of the company’s strategy to enhance its financial flexibility and potentially expand its operations, reflecting its commitment to growth and increased shareholder value.
Zenith Minerals Limited has reported promising results from its ongoing exploration at Red Mountain, with new diamond drilling confirming substantial gold mineralization at significant depths. The results from holes ZRMDD064 and ZRMDD066 indicate a strong continuity of gold mineralization, suggesting a large-scale system with potential for higher-grade zones. The company is preparing for further drilling to explore the full extent of the mineralized area, indicating a potential significant gold discovery, which could enhance its industry positioning and offer substantial benefits to stakeholders.
Zenith Minerals Limited has issued 1,246,759 ordinary shares following the conversion of options, raising $96,000. This move is part of the company’s compliance with the Corporations Act 2001, ensuring transparency and adherence to regulatory requirements, which may strengthen its financial position and appeal to stakeholders.
Zenith Minerals Limited has announced the issuance of 1,246,759 fully paid ordinary securities, which will be quoted on the Australian Securities Exchange (ASX) under the code ZNC. This move is part of the company’s strategy to enhance its market presence and liquidity, potentially impacting its financial standing and offering new opportunities for stakeholders.
Zenith Minerals Limited has announced a change in its registered and principal place of business address to Suite 5, Ground Floor, 5 Ord Street, West Perth WA 6005. This update reflects the company’s ongoing efforts to maintain effective operations and communication. The relocation may have implications for stakeholders in terms of accessibility and operational efficiency, although it primarily serves as an administrative update.
Zenith Minerals Limited has announced an Extraordinary General Meeting scheduled for November 5, 2025, where shareholders will vote on a resolution to issue 60,000,000 shares to Ida Metal Investments Pty Ltd. This move is part of the company’s strategic efforts to raise capital and potentially strengthen its market position, although voting exclusions apply to certain stakeholders to ensure fairness.
Zenith Minerals Limited has released its Corporate Governance Statement for the financial year ending June 30, 2025, which is available on their website. This statement outlines the company’s adherence to the ASX Corporate Governance Council’s principles and recommendations, highlighting their commitment to maintaining transparent and effective governance practices. The announcement underscores the company’s efforts to align with industry standards, potentially enhancing stakeholder confidence and supporting its strategic objectives.