MetalNRG Plc (GB:AMG)
LSE:AMG
Top Page
MetalNRG Plc
(LSE:AMG)
Select Model
Select Model
Rating:41Neutral
Price Target:
15.00 p
▲(42.86% Upside)
Action:DowngradedDate:01/29/26
The score is driven primarily by weak financial performance (negligible revenue, ongoing losses, negative equity, and continued cash burn). Technicals are only mildly supportive in the short term but remain weak over longer timeframes, and valuation is constrained by loss-making results and no dividend yield data.
Positive Factors
Free cash flow improvement
A sharp improvement in free cash flow in 2024 reduces near-term financing pressure and lengthens the company’s operational runway. If sustained, improved cash generation makes the business less reliant on external capital and supports gradual deleveraging or targeted reinvestment.
Negative Factors
No meaningful revenue
Effectively zero revenue over multiple years undermines the firm's core business model and makes margin recovery impossible until sales resume. Without durable revenue, profitability, customer traction, and long-term competitiveness remain hypothetical and financing dependency is prolonged.
Read all positive and negative factors
Positive Factors
Negative Factors
Free cash flow improvement
A sharp improvement in free cash flow in 2024 reduces near-term financing pressure and lengthens the company’s operational runway. If sustained, improved cash generation makes the business less reliant on external capital and supports gradual deleveraging or targeted reinvestment.
Read all positive factors
MetalNRG Plc (AMG) vs. iShares MSCI United Kingdom ETF (EWC)
Market Cap
£2.74M
Dividend YieldN/A
Average Volume (3M)412.75K
Price to Earnings (P/E)―
Beta (1Y)0.34
Revenue GrowthN/A
EPS GrowthN/A
CountryUK
Employees6
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)-0.05
Shares Outstanding39,181,427
10 Day Avg. Volume137,165
30 Day Avg. Volume412,747
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)-0.29
Price to Sales (P/S)0.00
P/FCF Ratio-0.83
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
MetalNRG Plc Business Overview & Revenue Model
Company Description
Atlas Metals Group plc operates as a natural resources and energy investing company in the United Kingdom, the United States of America, Tanzania, and Italy. It explores for gold, copper, and uranium deposits. The company holds interests in the Go...
How the Company Makes Money
null...
MetalNRG Plc Financial Statement Overview
Summary
Income Statement
8
Very Negative
Balance Sheet
12
Very Negative
Cash Flow
18
Very Negative
| Breakdown | TTM | Dec 2024 | Dec 2023 | Jun 2023 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 24.36K | 19.13K |
| Gross Profit | 1.04M | 0.00 | 0.00 | 0.00 | 24.36K | 19.13K |
| EBITDA | -1.29M | -3.11M | -1.59M | -1.67M | -1.85M | -809.72K |
| Net Income | -2.32M | -3.39M | -1.45B | -2.22M | -1.86M | -810.00K |
Balance Sheet | ||||||
| Total Assets | 849.02K | 1.01M | 1.69M | 2.04M | 2.98M | 1.23M |
| Cash, Cash Equivalents and Short-Term Investments | 76.00 | 24.05K | 5.37K | 24.72K | 49.32K | 63.61K |
| Total Debt | 21.09K | 1.90M | 848.84K | 450.23K | 339.36K | 786.34K |
| Total Liabilities | 3.19M | 5.28M | 2.94M | 1.85M | 672.40K | 1.08M |
| Stockholders Equity | -2.34M | -4.28M | -1.25M | 188.25K | 2.31M | 150.19K |
Cash Flow | ||||||
| Free Cash Flow | -354.23K | -1.51M | -323.16K | 57.87K | -2.71M | -690.76K |
| Operating Cash Flow | -354.23K | -1.51M | -323.16K | 57.87K | -2.71M | -690.76K |
| Investing Cash Flow | 780.67K | 175.00K | -2.54K | -35.68K | -854.78K | -235.16K |
| Financing Cash Flow | 375.20K | 1.35M | 306.36K | -46.78K | 3.55M | 850.50K |
MetalNRG Plc 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 | £31.46M | -9.13 | >-0.01% | ― | ― | -19.57% | |
50 Neutral | £17.36M | -1.11 | -43.43% | ― | ― | ― | |
43 Neutral | £38.34M | -10.93 | -17.12% | ― | ― | 76.92% | |
41 Neutral | £2.74M | ― | 122.82% | ― | ― | ― | |
| ― | £2.51M | -0.21 | ― | ― | ― | 17.65% |
* Basic Materials Sector Average
GB:AMG
MetalNRG Plc
7.00
-1.00
-12.50%
GB:BRES
Blencowe Resources Plc
7.90
4.70
146.88%
GB:ZNWD
Zinnwald Lithium Plc
5.80
0.05
0.87%
GB:TGR
Tirupati Graphite Plc
1.40
-4.85
-77.60%
GB:TM1
Technology Minerals PLC
0.09
<0.01
12.50%
GB:CTL
CleanTech Lithium PLC
8.50
-0.25
-2.86%
MetalNRG Plc Corporate Events
Regulatory Filings and Compliance
Atlas Metals directors lift stakes with fresh share purchases
Positive
Mar 16, 2026
Atlas Metals Group plc disclosed share purchases by two of its senior board members, signalling increased insider ownership at the London-listed natural resources and energy company. The transactions involve ordinary shares of £0.01 each in t...
Business Operations and StrategyDelistings and Listing ChangesM&A Transactions
Atlas Metals’ UPSA Deal Advances as A$3.4bn Green Concrete Resource Takes Shape
Positive
Mar 5, 2026
Atlas Metals Group said its planned reverse takeover of Universal Pozzolanic Silica Alumina is progressing as expected, highlighting a recent independent valuation that put UPSA’s Warialda pozzolanic silica alumina resource at about A$3.4 bi...
Business Operations and StrategyM&A TransactionsPrivate Placements and Financing
Atlas Metals secures £2.5m convertible funding and expands equity base for UPSA deal
Positive
Mar 5, 2026
Atlas Metals Group has secured a convertible funding facility of up to £2.5 million from YA II PN Ltd, structured as two loans with attached warrants, to help finance costs associated with its planned acquisition of Universal Pozzolanic Silic...
Regulatory Filings and Compliance
Atlas Metals Confirms Total Voting Rights at 30.5 Million Shares
Neutral
Mar 2, 2026
Atlas Metals Group plc has confirmed that as of 27 February 2026 its issued share capital consists of 30,532,930 ordinary shares of £0.01 each, all carrying one vote and with no shares held in treasury. This disclosure, made in line with UK t...
Delistings and Listing ChangesRegulatory Filings and Compliance
Atlas Metals to Admit New Shares Following Settlement Agreement
Neutral
Feb 19, 2026
Atlas Metals Group has applied for the admission of 1,408,000 new ordinary shares to trading on the London Stock Exchange’s main market, issuing the stock under the terms of a historic settlement agreement. The new shares, expected to be adm...
Business Operations and StrategyM&A Transactions
Atlas Metals Advances Yammacoona Drilling Ahead of UPSA Acquisition
Positive
Feb 16, 2026
Atlas Metals has completed a 26‑hole confirmatory drilling campaign totaling 1,265 metres on Lots 7 and 8 at the Yammacoona Sand Quarry as part of its proposed acquisition of Universal Pozzolanic Silica Alumina. Samples are undergoing QXRD, ...
Business Operations and StrategyLegal Proceedings
Atlas Metals Flags Rising Value and Legal Progress at Kyrgyz Uranium Project
Positive
Feb 9, 2026
Atlas Metals Group has highlighted the increased value of its 10% interest in the Kamushanovskoye uranium project in Kyrgyzstan, where rising uranium prices have lifted the in-situ value of the deposit’s 8.73 million pounds of U3O8 to about ...
M&A TransactionsPrivate Placements and Financing
Atlas Metals taps £10m ATM facility and expands share base for UPSA deal
Positive
Feb 4, 2026
Atlas Metals has launched a £10 million at-the-market equity facility with Axis Capital Markets to bolster working capital, settle legacy creditors, and finance costs tied to the reverse takeover of Universal Pozzolanic Silica Alumina, ...
Business Operations and StrategyM&A Transactions
Atlas Metals advances UPSA acquisition with drilling campaign and offtake interest
Positive
Dec 22, 2025
Atlas Metals Group has moved a step closer to acquiring Universal Pozzolanic Silica Alumina Ltd, appointing SLR Consulting Australia to carry out a confirmatory drilling campaign at the Yammacoona Sand Quarry in New South Wales. The work, due to c...
Business Operations and StrategyPrivate Placements and Financing
Atlas Metals Group Raises £500,000 via Share Placement and Expands Market Operations
Positive
Dec 17, 2025
Atlas Metals Group plc has announced raising £500,000 through a share placement with its CEO, Chris Chadwick, along with additional funds from warrant and fee share issuances. This move increases the company’s share capital to 24,107,60...
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.