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Group 6 Metals Limited
(Sydney:G6M)
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Rating:37Underperform
Price Target:
AU$2.50
▼(-21.88% Downside)
Action:N/A
Date:12/18/25
Group 6 Metals Limited faces severe financial instability, with negative equity and cash flow issues being the most significant concerns. Technical analysis indicates a lack of momentum and potential overbought conditions, while valuation metrics highlight unprofitability and lack of dividends. These factors collectively result in a low overall stock score.
Positive Factors
Strong revenue growth
Reported high revenue growth (Fundamentals: ~139% and IncomeStatement: 71.37% y/y) shows the company is scaling commercial sales and building market traction. Sustained top-line expansion can improve fixed-cost absorption and enable operational leverage if margins and cash conversion improve over the medium term.
Negative Factors
Negative shareholders' equity
Negative shareholders' equity signals capital impairment and potential solvency risk. Persisting negative equity reduces borrowing capacity, limits strategic flexibility, and often necessitates equity injections or restructuring. This condition poses a durable constraint on financing options and long-term stability absent recapitalization.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong revenue growth
Reported high revenue growth (Fundamentals: ~139% and IncomeStatement: 71.37% y/y) shows the company is scaling commercial sales and building market traction. Sustained top-line expansion can improve fixed-cost absorption and enable operational leverage if margins and cash conversion improve over the medium term.
Read all positive factors
Group 6 Metals Limited (G6M) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$874.21M
Dividend YieldN/A
Average Volume (3M)37.91K
Price to Earnings (P/E)―
Beta (1Y)0.28
Revenue Growth139.07%
EPS Growth99.73%
CountryAU
Employees19
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)-0.04
Shares Outstanding247,652,280
10 Day Avg. Volume25,986
30 Day Avg. Volume37,907
Financial Highlights & Ratios
PEG Ratio3.72
Price to Book (P/B)-2.21K
Price to Sales (P/S)533.04
P/FCF Ratio-390.62
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)AU$64.80M
Group 6 Metals Limited Business Overview & Revenue Model
Company Description
Group 6 Metals Limited is a mining enterprise primarily focused on the comprehensive redevelopment of its wholly-owned Dolphin tungsten project, located on King Island, Tasmania. Established in 1966, the company operated as King Island Scheelite L...
How the Company Makes Money
G6M makes money primarily by selling tungsten concentrate produced from its mining and processing operations. Its main revenue stream is product sales: ore is mined, processed through a concentrator to produce a tungsten-bearing concentrate, and t...
Group 6 Metals Limited Financial Statement Overview
Summary
Income Statement
20
Very Negative
Balance Sheet
15
Very Negative
Cash Flow
18
Very Negative
| Breakdown | TTM | Jun 2025 | Dec 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 38.97M | 21.22M | 12.38M | 0.00 | 0.00 | 0.00 |
| Gross Profit | 3.86M | -15.95M | -15.98M | -3.42M | -417.00K | -232.00K |
| EBITDA | -193.00K | -14.65M | -113.96M | -17.97M | -13.46M | -4.41M |
| Net Income | -8.73M | -32.13M | -133.58M | -21.87M | -13.65M | -4.88M |
Balance Sheet | ||||||
| Total Assets | 47.77M | 50.95M | 37.14M | 139.63M | 55.28M | 7.33M |
| Cash, Cash Equivalents and Short-Term Investments | 3.47M | 7.76M | 809.00K | 9.03M | 4.53M | 3.19M |
| Total Debt | 21.94M | 28.64M | 71.71M | 49.01M | 12.64M | 99.71K |
| Total Liabilities | 40.70M | 56.06M | 94.54M | 68.66M | 31.41M | 680.38K |
| Stockholders Equity | 7.07M | -5.12M | -57.41M | 70.97M | 23.87M | 6.65M |
Cash Flow | ||||||
| Free Cash Flow | -15.27M | -28.96M | -32.23M | -74.21M | -38.68M | -3.05M |
| Operating Cash Flow | -11.50M | -26.27M | -27.75M | -17.96M | -4.55M | -2.81M |
| Investing Cash Flow | -3.42M | -2.69M | -2.31M | -56.20M | -36.98M | -236.65K |
| Financing Cash Flow | 17.37M | 35.77M | 21.84M | 78.67M | 42.44M | 5.19M |
Group 6 Metals Limited 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% | |
49 Neutral | AU$29.18M | -6.36 | -195.94% | ― | ― | 38.22% | |
46 Neutral | AU$20.76M | >-0.01 | -6.64% | ― | ― | ― | |
45 Neutral | AU$24.01M | -9.38 | -13.50% | ― | ― | 3.73% | |
43 Neutral | AU$21.87M | -36.18 | -4.36% | ― | ― | 94.12% | |
43 Neutral | AU$18.31M | -4.38 | -23.61% | ― | ― | 58.93% | |
37 Underperform | AU$874.21M | -82.92 | -895.38% | ― | 139.07% | 99.73% |
* Basic Materials Sector Average
AU:G6M
Group 6 Metals Limited
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34.00%
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Group 6 Metals Limited Corporate Events
Group 6 Metals Clears ASX Reinstatement Conditions With Strong Capital Position
Jul 28, 2026
Group 6 Metals has detailed its capital structure, shareholder base and compliance status as part of meeting ASX conditions for reinstatement to official quotation. The company’s top 20 shareholders control over 98% of its 247.7 million full...
Group 6 Metals Seeks ASX Quotation for Small Share Issuance
Jul 28, 2026
Group 6 Metals Limited has applied for quotation on the ASX of 100 ordinary fully paid shares, with an issue date of 28 July 2026. The small issuance, documented via an Appendix 2A application, appears to relate to previously announced transaction...
Group 6 Metals plans small non‑pro rata share offer on ASX
Jul 24, 2026
Group 6 Metals Limited has lodged an Appendix 3B notice with the ASX outlining a proposed non‑pro rata offer of up to 100 ordinary fully paid shares under a disclosure document or product disclosure statement. The offer, which is scheduled t...
Group 6 Metals Issues Cleansing Prospectus to Support Secondary Trading
Jul 24, 2026
Group 6 Metals has issued a cleansing prospectus for an offer of up to 100 new shares at $0.50 each, raising up to $50 before costs, in a tightly targeted placement limited to selected invitees. The primary purpose of this document is to satisfy d...
Group 6 Metals Plans Targeted Share Placement on ASX
Jul 15, 2026
Group 6 Metals Limited has notified the ASX of a proposed issue of 20,833 ordinary fully paid shares, to be conducted as a placement or similar capital-raising mechanism. The new securities, expected to be issued on 20 July 2026, form part of the ...
Group 6 Metals Posts Record Throughput and Cash Flow at Dolphin Tungsten Mine
Jul 14, 2026
Group 6 Metals reported a record quarter at its Dolphin Tungsten Mine, processing 77,953 tonnes of ore and producing 21,297 MTUs of WO₃ from lower-grade stockpiled material. The company maintained strong safety performance with no lost time ...
Group 6 Metals boosts Dolphin mine output and cash flow amid tightening tungsten market
Jul 13, 2026
Group 6 Metals reported another strong quarter at its Dolphin Tungsten Mine, with processing plant throughput reaching a record 77,953 tonnes of ore and tungsten concentrate production of 21,297 MTUs. Underground mining operations commenced at the...
Group 6 Metals updates market on director equity grant
Jul 10, 2026
Group 6 Metals has updated the market on a change in director Kevin Pallas’s interests, following shareholder approval of new equity incentives. The company has granted Pallas 1,000,000 performance rights expiring on 10 July 2029 under its e...
Group 6 Metals Issues 1 Million Unquoted Performance Rights
Jul 10, 2026
Group 6 Metals Limited has notified the market of the issuance of 1,000,000 unquoted performance rights under its employee incentive scheme. These securities, which are not intended to be quoted on the ASX, were issued on July 10, 2026, signalling...
ASX Tightens Deadlines for Long-Term Suspended Entities, Including Group 6 Metals
Jul 10, 2026
The ASX has issued a market announcement listing multiple entities, including Group 6 Metals Limited among long-term suspended companies that have failed to lodge required periodic reports. The notice sets clear one-year and two-year deadlines for...
Group 6 Metals Wins Strong Shareholder Backing for Mine Equipment Deals
Jul 3, 2026
Group 6 Metals shareholders have overwhelmingly approved all resolutions put to a general meeting held on 3 July 2026, with each motion carried by poll. The outcomes clear the way for a series of related-party transactions involving the rental, pu...
Group 6 Metals Calls July 2026 Virtual General Meeting on Operations and Incentive Plan
Jun 2, 2026
Group 6 Metals Limited has called a virtual general meeting of shareholders for 11:00am AEST on 3 July 2026, providing a notice of meeting and explanatory statement outlining matters to be voted on. The documentation includes an independent expert...
Group 6 Metals Seeks Remedial Shareholder Approval Over ASX Listing Rule Breaches
Jun 2, 2026
Group 6 Metals has disclosed breaches of ASX Listing Rule 10.1 after continuing to transact with entities controlled by director Dale Elphinstone once the company moved into a negative equity position. The rule deemed all asset acquisitions from r...
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.