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Mining, Minerals & Metals plc
(LSE:GEX)
Mining, Minerals & Metals plc (GEX) vs. iShares MSCI United Kingdom ETF (EWC)
Mining, Minerals & Metals plc Business Overview & Revenue Model
Mining, Minerals & Metals plc Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -11.12K | -1.03M | 20.84K | 0.00 | 0.00 | 0.00 |
| EBITDA | -887.10K | 0.00 | -242.53K | -159.46K | -172.47K | -207.61K |
| Net Income | -1.09M | -7.25M | -242.53K | -159.48K | -172.76K | -207.61K |
Balance Sheet | ||||||
| Total Assets | 223.86K | 1.62M | 15.99K | 70.49K | 208.62K | 388.84K |
| Cash, Cash Equivalents and Short-Term Investments | 112.30K | 1.22M | 4.77K | 48.21K | 200.35K | 363.65K |
| Total Debt | 1.61M | 1.82M | 203.19K | 10.47K | 10.47K | 10.47K |
| Total Liabilities | 2.94M | 3.13M | 247.40K | 59.37K | 38.02K | 45.48K |
| Stockholders Equity | -2.71M | -1.51M | -231.41K | 11.13K | 170.60K | 343.36K |
Cash Flow | ||||||
| Free Cash Flow | -882.41K | -3.43M | -236.17K | -152.14K | -163.30K | -236.06K |
| Operating Cash Flow | -882.41K | -3.43M | -236.17K | -152.14K | -163.30K | -236.06K |
| Investing Cash Flow | 0.00 | 10.00K | 0.00 | 0.00 | 0.00 | 0.00 |
| Financing Cash Flow | -221.16K | 3.78M | 192.72K | 0.00 | 0.00 | 537.14K |
Mining, Minerals & Metals plc Technical Analysis
Mining, Minerals & Metals plc Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
72 Outperform | £49.40M | 13.27 | 10.25% | ― | 8.48% | 29.33% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
59 Neutral | £12.61M | 72.73 | -11.10% | ― | 14.51% | 77.27% | |
55 Neutral | £31.88M | -1.11 | ― | ― | -27.64% | 35.09% | |
53 Neutral | £14.62M | -4.03 | -78.76% | ― | -24.85% | 40.28% | |
47 Neutral | £9.89M | ― | ― | ― | ― | ― | |
39 Underperform | £601.00K | -0.07 | -235.32% | ― | -38.73% | 96.64% |
Mining, Minerals & Metals plc Corporate Events
Georgina Energy plc has received formal confirmation that Harlequin Energy Ltd will fund the drilling and development of the Hussar EP513 prospect in Western Australia under a non-dilutive structured offtake financing arrangement, including full funding of the Hussar‑2 exploration well, related site infrastructure and a USD$25 million offtake facility. Harlequin has engaged Schlumberger Oilfield UK Limited to work alongside Georgina’s consultant Aztech Well Construction on planning and executing a roughly 50‑day drilling programme scheduled through 2026, while Georgina reports a 30% uplift in its revised prospective recoverable resources at Hussar to 283 BCF of helium, 315 BCF of hydrogen and 2.9 TCF of hydrocarbons, strengthening its ambitions—together with Mt Winter and recent asset acquisitions—to emerge as a significant player in helium, hydrogen and natural gas extraction without diluting existing shareholders.
The most recent analyst rating on (GB:GEX) stock is a Hold with a £2.50 price target. To see the full list of analyst forecasts on Mining, Minerals & Metals plc stock, see the GB:GEX Stock Forecast page.
Georgina Energy plc has executed a 24‑month extension to its offtake memorandum of understanding with Halo Capital Investments Ltd, expanding the agreement to cover all current and future projects, including recently announced Central Petroleum acquisitions such as Mt Kitty, Dukas and Mahler, subject to completion. Under the extended non‑exclusive MOU, Halo retains an option over 100% of helium, hydrogen and natural gas output, will fund and operate processing, storage, transport and export infrastructure at its own cost, and may provide prepayment and development financing, enabling Georgina to sell gas at the wellhead while limiting its capital infrastructure burden; ongoing funding efforts for the priority Hussar and Mt Winter projects continue in parallel, reinforcing the company’s ambition to establish itself as a leading helium and hydrogen producer.
Georgina Energy plc has provided an operational update regarding its drill program at Hussar EP513 and the progression of its asset acquisitions, including Mt Winter and Central Petroleum. The company is negotiating with Harlequin Energy for a Joint Operating Agreement to fund the drilling at Hussar, while also preparing logistics for the site. Progress is being made on the acquisition of Mt Winter, with discussions for funding underway. Additionally, Georgina is advancing the potential acquisition of assets from Central Petroleum, including Mt Kitty, which shows promising helium and hydrogen reserves. These developments are expected to enhance Georgina’s resource base and position in the energy market.
Georgina Energy PLC has received a non-binding expression of interest from Harlequin Energy Limited to fund and enter into a Joint Operating Agreement for the drilling of the Hussar EP513 well, aimed at recovering helium, hydrogen, and natural gas. This proposal, which includes logistics and planning, is subject to further due diligence and finalization of terms. The company has secured drilling approval from the Western Australian authorities and is preparing for operations. This development, along with recent acquisitions, positions Georgina Energy to become a significant player in the extraction of helium and hydrogen, aligning with its strategy to diversify its portfolio and capitalize on market opportunities.
Georgina Energy plc announced a £200,000 placement through the issuance of 4,000,000 new ordinary shares and secured a debt facility of up to £1,000,000 with an institutional investor. The funding will enhance the company’s financial flexibility, allowing it to accelerate key projects and explore growth opportunities, thereby strengthening its market position and shareholder value.
Georgina Energy plc has announced a conditional share purchase agreement with Central Petroleum Limited to acquire three subsidiaries holding interests in significant exploration targets. This transformative transaction is expected to enhance Georgina’s portfolio with high-value re-entry targets, potentially increasing its helium and hydrogen production capabilities. The acquisition, which requires various consents and a £7 million fundraise, will result in Central Petroleum holding 25% of Georgina’s issued share capital. This move positions Georgina to advance its strategy of becoming a leading helium and hydrogen producer, potentially impacting its market positioning and shareholder value.
Georgina Energy plc has announced a successful placement of £200,000 through the issuance of 4,000,000 new ordinary shares and has secured a debt facility of up to £1,000,000 with an Institutional Investor. This strategic investment is intended to strengthen the company’s balance sheet and provide the flexibility to advance key projects and explore additional growth opportunities, thereby enhancing shareholder value.
Georgina Energy plc has received formal approval from the Western Australian Department of Mining, Petroleum and Exploration to drill at the Hussar Prospect, enabling the extraction of helium, hydrogen, and natural gas. This approval marks a significant step forward for the company, allowing it to begin necessary infrastructure works and positioning it to capitalize on one of the largest untested onshore structures in Australia, potentially impacting its market positioning and stakeholder interests.
Georgina Energy plc has received formal approval to drill at the Hussar Prospect in EP513, marking a significant step forward in its exploration activities. This approval positions Georgina Energy to potentially enhance its resource base and strengthen its market position in the energy sector, particularly in the helium and hydrogen markets.