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Metalsgrove Mining Ltd. (AU:MGA)
ASX:MGA
Australian Market

Metalsgrove Mining Ltd. (MGA) AI Stock Analysis

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AU

Metalsgrove Mining Ltd.

(Sydney:MGA)

42Neutral
Metalsgrove Mining Ltd. presents significant financial challenges with weak profitability, negative cash flow, and declining assets. The stock's technical indicators reflect a bearish trend, further impacting investor sentiment. Valuation metrics are insufficient, leading to a lack of clarity on potential investment value. Overall, the company requires strategic improvements to enhance its operational and financial standing.

Metalsgrove Mining Ltd. (MGA) vs. S&P 500 (SPY)

Metalsgrove Mining Ltd. Business Overview & Revenue Model

Company DescriptionMetalsgrove Mining Ltd. (MGA) is a mining company that focuses on the exploration and development of mineral resources. Positioned within the mining sector, the company is dedicated to identifying and extracting valuable minerals, contributing to the supply chain of critical metals necessary for various industries. Metalsgrove Mining operates several mining projects aimed at unearthing resources that are essential for technological advancements and industrial applications.
How the Company Makes MoneyMetalsgrove Mining Ltd. generates revenue primarily through the extraction and sale of mined minerals. The company's key revenue streams include selling raw mineral resources to industrial manufacturers and commodity markets that require these materials for production and technological processes. Additionally, Metalsgrove may engage in strategic partnerships or joint ventures with other mining entities or industrial companies to enhance its mining operations and expand its market reach. The company's earnings are influenced by factors such as mineral market prices, production efficiency, and the successful development of new mining sites.

Metalsgrove Mining Ltd. Financial Statement Overview

Summary
Income Statement
Balance Sheet
Cash Flow
Breakdown
Jun 2024Jun 2023Jun 2022
Income StatementTotal Revenue
50.39K76.36K5.14K
Gross Profit
50.39K76.36K5.14K
EBIT
-479.42K-947.57K-630.45K
EBITDA
-475.31K-706.88K-340.18K
Net Income Common Stockholders
-3.35M-871.21K-970.63K
Balance SheetCash, Cash Equivalents and Short-Term Investments
2.69M3.11M6.69M
Total Assets
6.41M8.38M8.99M
Total Debt
0.000.000.00
Net Debt
-2.69M-3.11M-6.69M
Total Liabilities
129.40K698.51K645.60K
Stockholders Equity
6.28M7.68M8.34M
Cash FlowFree Cash Flow
-2.48M-2.97M-222.49K
Operating Cash Flow
-1.03M-639.45K-62.20K
Investing Cash Flow
-1.45M-2.41M-160.29K
Financing Cash Flow
2.07M-535.36K11.69M

Metalsgrove Mining Ltd. Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.04
Price Trends
50DMA
0.05
Negative
100DMA
0.05
Negative
200DMA
0.06
Negative
Market Momentum
MACD
>-0.01
Negative
RSI
37.73
Neutral
STOCH
2.78
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:MGA, the sentiment is Negative. The current price of 0.04 is below the 20-day moving average (MA) of 0.04, below the 50-day MA of 0.05, and below the 200-day MA of 0.06, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 37.73 is Neutral, neither overbought nor oversold. The STOCH value of 2.78 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:MGA.

Metalsgrove Mining Ltd. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (49)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
AULYC
59
Neutral
$7.67B150.922.27%-20.07%-74.91%
AUIGO
58
Neutral
$2.98B1,418.92-36.53%10.51%-28.50%-532.61%
49
Neutral
$1.95B-1.37-21.43%3.74%0.84%-29.84%
AUMIN
48
Neutral
$4.08B50.78-33.95%4.54%2.22%-411.10%
AUPLS
46
Neutral
$4.76B23.42-1.04%-65.07%-102.37%
AUMGA
42
Neutral
AUINR
38
Underperform
$318.02M-4.75%-175.00%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:MGA
Metalsgrove Mining Ltd.
0.04
-0.02
-33.33%
AU:INR
ioneer Limited
0.14
-0.06
-30.77%
AU:MIN
Mineral Resources Limited
20.90
-56.10
-72.86%
AU:LYC
Lynas Rare Earths
8.21
1.70
26.11%
AU:PLS
Pilbara Minerals
1.48
-2.71
-64.68%
AU:IGO
IGO
3.94
-3.58
-47.59%

Metalsgrove Mining Ltd. Corporate Events

MetalsGrove Mining Ltd. Reports Quarterly Cash Flow Results
Apr 13, 2025

MetalsGrove Mining Ltd. reported its quarterly cash flow, indicating a net cash outflow from operating activities of $153,000 and from investing activities of $167,000. The company’s financial activities during the quarter did not include any financing activities, resulting in a decrease in cash and cash equivalents from $1.888 million at the beginning of the period to a lower amount by the end of the quarter.

MetalsGrove Expands into Côte d’Ivoire with Gold JV Permits Acquisition
Apr 2, 2025

MetalsGrove Mining Limited has announced its expansion into Côte d’Ivoire by acquiring gold joint venture permits. This strategic move is expected to enhance the company’s operational capabilities and strengthen its position in the mining industry, potentially offering new opportunities for growth and development in the West African region.

MetalsGrove Mining Limited Releases Half-Year Financial Report
Mar 12, 2025

MetalsGrove Mining Limited has released its half-year report for the period ending December 31, 2024. The report includes various sections such as the corporate directory, directors’ report, and auditor’s independence declaration. This release provides stakeholders with insights into the company’s financial health and operational performance over the past six months, which could influence investor decisions and the company’s strategic direction.

Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

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.