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Matador Mining Ltd
(Sydney:AAM)
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Rating:48Neutral
Price Target:
AU$0.03
▼(-20.00% Downside)
Action:Reiterated
Date:08/04/26
The score is primarily weighed down by weak financial performance (no revenue, widening losses, and negative operating/free cash flow), which elevates funding risk despite low leverage. Technical indicators provide only modest support (mild momentum but a weak longer-term trend). Valuation is also constrained by a negative P/E and no dividend yield.
Positive Factors
Very Low Leverage
Debt-to-equity near zero limits interest and repayment pressure, preserving financial flexibility while Matador funds exploration and advances projects. This reduces balance-sheet risk over the next several months, although it does not remove the need for future capital.
Negative Factors
No Revenue or Production
The absence of revenue confirms Matador remains pre-production and cannot currently fund operations through customer receipts. Until exploration produces an economic resource and advances toward development, financial performance remains dependent on capital availability rather than operating income.
Read all positive and negative factors
Positive Factors
Negative Factors
Very Low Leverage
Debt-to-equity near zero limits interest and repayment pressure, preserving financial flexibility while Matador funds exploration and advances projects. This reduces balance-sheet risk over the next several months, although it does not remove the need for future capital.
Read all positive factors
Matador Mining Ltd (AAM) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$47.31M
Dividend YieldN/A
Average Volume (3M)352.79K
Price to Earnings (P/E)―
Beta (1Y)1.67
Revenue GrowthN/A
EPS Growth-168.12%
CountryAU
Employees8
SectorBasic Materials
Sector Strength58
IndustryGold
Share Statistics
EPS (TTM)-0.02
Shares Outstanding1,455,807,300
10 Day Avg. Volume539,149
30 Day Avg. Volume352,785
Financial Highlights & Ratios
PEG Ratio-0.03
Price to Book (P/B)12.46
Price to Sales (P/S)0.00
P/FCF Ratio-2.61
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
Matador Mining Ltd Business Overview & Revenue Model
Company Description
Operating as a junior exploration entity, AuMEGA Metals Ltd conducts mineral exploration and mining ventures within Canada. The company primarily seeks out gold deposits. Its key properties include the Cape Ray gold project and the Hermitage proje...
Matador Mining Ltd Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
58
Neutral
Cash Flow
18
Very Negative
| Breakdown | TTM | Mar 2026 | Dec 2024 | Dec 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -110.30K | -113.63K | -132.30K | -155.07K | 0.00 | -104.26K |
| EBITDA | -16.76M | -15.04M | -2.54M | -6.89M | -3.17M | -1.77M |
| Net Income | -13.59M | -11.70M | -4.15M | -7.40M | -3.62M | -5.51M |
Balance Sheet | ||||||
| Total Assets | 27.80M | 4.77M | 66.60M | 54.14M | 51.84M | 47.80M |
| Cash, Cash Equivalents and Short-Term Investments | 26.75M | 4.02M | 15.73M | 9.45M | 8.33M | 3.10M |
| Total Debt | 6.14K | 24.30K | 98.71K | 118.24K | 124.92K | 0.00 |
| Total Liabilities | 942.47K | 2.31M | 12.42M | 8.61M | 7.42M | 7.73M |
| Stockholders Equity | 26.86M | 2.47M | 54.17M | 50.05M | 44.43M | 40.07M |
Cash Flow | ||||||
| Free Cash Flow | -10.75M | -11.77M | -8.45M | -7.33M | -8.35M | -19.70M |
| Operating Cash Flow | -15.91M | -11.72M | -2.20M | -2.63M | -2.76M | -3.44M |
| Investing Cash Flow | 5.17M | -49.75K | -6.87M | -4.47M | -5.72M | -16.37M |
| Financing Cash Flow | 28.35M | -222.34K | 16.92M | 8.03M | 19.57M | 846.79K |
Matador Mining Ltd Technical Analysis
Negative
0.04
Price Trends
0.04
Negative
0.04
Negative
0.04
Negative
Market Momentum
>-0.01
Positive
11.93
Positive
-25.00
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:AAM, the sentiment is Negative. The current price of 0.04 is above the 20-day moving average (MA) of 0.04, above the 50-day MA of 0.04, and above the 200-day MA of 0.04, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 11.93 is Positive, neither overbought nor oversold. The STOCH value of -25.00 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:AAM.
Matador Mining Ltd Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | AU$41.34M | 1.75 | 62.41% | ― | 924.01% | 813.19% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
50 Neutral | AU$80.90M | -2.60 | -302.41% | ― | 2800.61% | 1.35% | |
48 Neutral | AU$47.31M | -1.84 | -64.47% | ― | ― | -168.12% | |
48 Neutral | AU$57.12M | 27.88 | 1.57% | ― | -100.00% | ― | |
40 Underperform | AU$48.04M | -5.00 | -70.12% | 153.53% | ― | -153.85% |
* Basic Materials Sector Average
AU:AAM
Matador Mining Ltd
0.03
>-0.01
-5.88%
AU:WCN
White Cliff Minerals Limited
0.03
<0.01
44.44%
AU:ODY
Odyssey Gold Limited
0.04
>-0.01
-14.63%
AU:AWJ
Auric Mining Ltd.
0.23
-0.01
-6.25%
AU:KZR
Kalamazoo Resources Ltd.
0.15
-0.03
-14.71%
Matador Mining Ltd Corporate Events
AuMEGA Metals Completes First Drilling at Isle aux Morts Granite and Shifts Focus to Bunker Hill
Sep 23, 2026
AuMEGA Metals has completed its initial diamond drilling program at the Isle aux Morts Granite and adjacent Cape Ray West target area, marking the first-ever drill test into the granite body. The campaign comprised nine holes totaling about 2,087 ...
AuMEGA reaffirms Cape Ray resource basis and exploration reporting standards
Sep 22, 2026
AuMEGA Metals has released a corporate presentation outlining its technical and regulatory framework for reporting mineral resources and exploration results across its Canadian gold portfolio. The document emphasises adherence to NI 43-101 and JOR...
Aumega Metals Seeks ASX Quotation for Additional Shares
Sep 7, 2026
Aumega Metals Ltd has lodged an application with the ASX for quotation of 300,000 ordinary fully paid shares under its existing AAM security code. The new securities, issued on 7 September 2026, form part of previously announced transactions and w...
Matador Mining Updates Corporate Directory and Confirms Dual-Market Presence
Aug 28, 2026
Matador Mining Ltd has released its interim report and updated its corporate directory, confirming its board composition, executive leadership and company secretary. The company also highlighted its auditor, stock exchange listings across Australi...
AuMEGA Metals issues unaudited interim financial report for 30 June 2026
Jul 30, 2026
AuMEGA Metals Ltd has released its unaudited condensed consolidated interim financial statements for the half-year ended 30 June 2026. The interim report includes profit or loss, financial position, changes in equity, cash flows and accompanying n...
AuMEGA Metals Sharpen Exploration Focus Across Newfoundland Targets
Jul 29, 2026
Management’s discussion and analysis for the quarter ended June 30, 2026 outlines AuMEGA’s efforts to build long-term shareholder value through targeted drilling and systematic exploration in key areas such as Isle aux Morts Granite, C...
Aumega Metals Options and Performance Rights Lapse, Reducing Potential Dilution
Jul 28, 2026
Aumega Metals Ltd has updated the market on changes to its capital structure, confirming the lapse of several tranches of options and performance rights. These securities, which included options expiring in 2030 and performance rights, have ceased...
AuMEGA Metals Begins First Drilling at Isle aux Morts Granite and Cape Ray West
Jul 27, 2026
AuMEGA Metals has launched inaugural diamond drilling at the Isle aux Morts Granite and the adjoining Cape Ray West area, marking the start of its 2026 exploration program along the Cape Ray Shear Zone in Newfoundland and Labrador. The work target...
Aumega Metals boosts director equity with new long-dated stock options
Jul 7, 2026
Aumega Metals Limited has updated the market on a change to director Nicole Adshead-Bell’s interests, detailing an adjustment to her equity-linked holdings. The disclosure underscores the company’s use of stock-based incentives across ...
AuMEGA Metals boosts director incentives with new option grants
Jul 7, 2026
AuMEGA Metals Ltd has disclosed a change in director James Carr Withall’s interests following the issue of new equity-based incentives approved by shareholders at the May 2026 annual general meeting. The director previously held 1,350,000 fu...
Matador Mining Updates Director Equity Incentives at AuMEGA Metals
Jul 7, 2026
Matador Mining Ltd, through AuMEGA Metals Limited, maintains a diversified equity incentive framework comprising ordinary shares, unlisted options and performance rights granted to directors and key executives. The structure includes multiple long...
AuMEGA Metals Updates Director Equity Incentives With New Option Grant
Jul 7, 2026
AuMEGA Metals Ltd has reported a change in director Sam Pazuki’s interests, primarily involving the issue of 3.85 million unlisted 2026 long-term incentive stock options on the TSX Venture Exchange. These options are exercisable at CAD$0.04 ...
Aumega Metals Boosts Director Equity Exposure With New Unlisted Options
Jul 7, 2026
Aumega Metals has disclosed a change in director Justin Osborne’s indirect interests, with the issue of 535,713 unlisted stock options exercisable at $0.042 and expiring in May 2031. The options, held through a related entity, increase Osbor...
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.