Mandrake Resources Ltd AI Stock Analysis
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Mandrake Resources Ltd (MAN) AI Stock Analysis
Mandrake Resources Ltd
(ASX:MAN)
The overall score is heavily constrained by the company's weak financial performance as a pre-revenue explorer with escalating losses and negative cash flow. The debt-free balance sheet is the primary financial strength, preventing a lower score. Technicals offer a mildly positive short-term signal, but the negative P/E ratio and lack of dividend yield underscore the stock's speculative nature.
Mandrake Resources Ltd (MAN) vs. iShares MSCI Australia ETF (EWA)
- Market Cap
- AUD 11.29M
- Dividend Yield
- ―
- Average Volume (3M)
- 691.58K
- Price to Earnings (P/E)
- -3.1
- Beta (1Y)
- 0.53
- Revenue Growth
- ―
- EPS Growth
- -480.00%
- Country
- Australia
- Employees
- 28
- Sector
- Basic Materials
- Sector Strength
- 61
- Industry
- Other Precious Metals
Mandrake Resources Ltd Business Overview & Revenue Model
Company Description
Mandrake Resources Limited engages in the exploration and evaluation of mineral resources. It explores for gold, lithium, silver, uranium, nickel, platinum group elements, and copper deposits. The company holds 100% interest Utah Lithium project that...
Mandrake Resources Ltd Financial Statement Overview
Summary
Financial performance is weak, typical of a pre-revenue explorer. The income statement shows zero revenue and escalating net losses, while cash flow is persistently negative. The only mitigating factor is a pristine, debt-free balance sheet, which provides a financial runway but does not offset the lack of profitability or cash generation.
Income Statement
8Very NegativeBalance Sheet
65PositiveCash Flow
30Negative| Breakdown | TTM | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0 | 0 | 664.42K | 736.58K | 402.02K | 23.68K |
| Gross Profit | 0 | 0 | 664.42K | 736.58K | 402.02K | 23.68K |
| EBITDA | 1.84M | 1.84M | 664.42K | -179.41K | -292.00K | -415.00K |
| Net Income | -3.61M | -3.61M | -623.71K | -198.00K | -311.00K | -560.00K |
Balance Sheet | ||||||
| Total Assets | 20.86M | 20.86M | 23.98M | 23.88M | 23.64M | 19.87M |
| Cash, Cash Equivalents and Short-Term Investments | 11.67M | 11.67M | 13.25M | 14.92M | 16.81M | 16.26M |
| Total Debt | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 141.76K | 141.76K | 102.23K | 166.80K | 138.66K | 185.26K |
| Stockholders Equity | 20.72M | 20.72M | 23.87M | 23.72M | 23.50M | 19.68M |
Cash Flow | ||||||
| Free Cash Flow | -1.58M | -1.58M | -1.67M | -1.88M | -3.35M | -1.16M |
| Operating Cash Flow | -114.40K | -114.40K | 65.45K | 240.81K | -105.31K | -418.35K |
| Investing Cash Flow | -1.47M | -1.47M | -1.73M | -2.12M | -3.24M | -738.70K |
| Financing Cash Flow | 0 | 0 | -3,063 | -5,059 | 3.89M | 1.36M |
Mandrake Resources Ltd Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:MAN, the sentiment is Negative. The current price of 0.02 is below the 20-day moving average (MA) of 0.02, below the 50-day MA of 0.02, and below the 200-day MA of 0.02, indicating a bearish trend. The MACD of -0.00 indicates Positive momentum. The RSI at 40.12 is Neutral, neither overbought nor oversold. The STOCH value of is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:MAN.
Mandrake Resources Ltd Peers Comparison
Overall Rating
AU:RR146Neutral- AU:MAN46Neutral
AU:TRE45Neutral
AU:FG141Neutral
AU:RMX39Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| Sector * | 61Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% |
| AU:RR1 | 46Neutral | AUD 14.57M | -2.56 | -33.13% | ― | ― | -345.45% |
| AU:MAN | 46Neutral | AUD 11.29M | -3.10 | -17.36% | ― | ― | -480.00% |
| AU:TRE | 45Neutral | AUD 303.14M | -3.77 | -33.37% | ― | ― | -136.84% |
| AU:FG1 | 41Neutral | AUD 9.92M | -1.73 | -201.09% | ― | ― | 41.73% |
| AU:RMX | 39Underperform | AUD 11.09M | -1.45 | -108.20% | ― | ― | -18.97% |
* Basic Materials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| AU:MAN | Mandrake Resources Ltd | 0.02 | -0.01 | -25.00% | |
| AU:RMX | Red Mountain Mining Ltd | 0.01 | -0.03 | -73.68% | |
| AU:RR1 | Reach Resources Limited | 0.01 | 0.00 | 10.00% | |
| AU:FG1 | Flynn Gold Ltd. | 0.01 | -0.01 | -36.36% | |
| AU:TRE | Toubani Resources Limited Registered Shs | 0.30 | -0.04 | -11.24% |
Mandrake Resources Ltd Corporate Events
Mandrake completes first-phase drilling at Berinka Pine Creek gold-copper project
Mandrake Resources has completed the first phase of reverse circulation drilling at its Berinka Pine Creek Gold-Copper Project, with 10 holes drilled for 1,460 metres targeting several previously undrilled, large-scale gold-copper anomalies. The prog...
Mandrake Advances Utah Lithium Brine Testing and Expands Gold-Copper Drilling
Mandrake reported that swabbing operations at the Evelyn Chambers #1 well in its Utah Lithium Project successfully extracted approximately 8,000 litres of lithium-rich brine from the Leadville Formation, with most operational costs covered by a US$1...
Mandrake Resources Sets Date and Digital Access for 2026 AGM
Mandrake Resources Ltd has scheduled its 2026 Annual General Meeting of shareholders to be held in person at its West Perth offices on 27 November 2026 at 9:30am AWST. Shareholders eligible to vote will be those on the register as at 4:00pm AWST on 2...
Mandrake Resources Begins Drilling at Berinka Pine Creek Gold-Copper Project
Mandrake Resources has launched a 3,000-metre reverse circulation drilling programme at its Berinka Pine Creek Gold-Copper Project in the Northern Territory. The campaign will test several high-priority, previously undrilled gold-copper targets linke...
Mandrake Resources Sets AGM Date and Director Nomination Deadline
Mandrake Resources Limited has scheduled its next Annual General Meeting for 9:30am WST on Friday, 27 November 2026, in line with its constitution and ASX Listing Rule 3.13.1. The company will circulate the formal Notice of Meeting ahead of the event...
Mandrake Resources Clears Final Permit for Berinka Gold-Copper Drilling
Mandrake Resources has secured an Environmental Mining Licence from the Northern Territory Department of Lands, Planning and Environment, clearing the way for a planned ~3,200m drilling programme at its Berinka Gold-Copper Project in the Pine Creek g...
Mandrake Resources Files Appendix 4G and Updates Corporate Governance Disclosures
Mandrake Resources Ltd has lodged its Appendix 4G with the ASX, confirming the location and currency of its corporate governance statement for the financial year ended 30 June 2026. The statement, approved by the board as at 16 September 2026, is hos...
Mandrake Resources Updates Corporate Governance and Diversity Disclosures
Mandrake Resources has released an updated Corporate Governance Statement outlining the extent of its compliance with the ASX Corporate Governance Council’s Principles and Recommendations. The document details its adoption of a Board Charter, written...
Mandrake Resources Publishes 2026 Annual Report
Mandrake Resources Limited has released its annual report for the year ended 30 June 2026, detailing the company’s financial results, governance disclosures and audited remuneration information. The report also includes consolidated financial stateme...
Mandrake Advances Utah Lithium Project With Bulk Brine Testing
Mandrake Resources has completed swabbing operations at the Evelyn Chambers #1 well in Utah, recovering about 8,000 litres of lithium brine from existing perforations in the Leadville Formation, which were originally designed for now-depleted oil and...
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.
Date of analysis: Sep 20, 2026