Want to see AU:MIO full AI Analyst Report?
Top Page
Macarthur Minerals Ltd.
(Sydney:MIO)
Select Model
Select Model
Rating:46Neutral
Price Target:
AU$0.02
â–˛(0.00% Upside)
Action:Reiterated
Date:10/01/26
The score is primarily constrained by weak financial performance (no revenue, recurring losses, and persistent negative operating/free cash flow). Technicals provide only modest support due to near-oversold RSI, but the price remains below key moving averages, consistent with a downtrend. Valuation is also limited because negative earnings make the P/E less informative and there is no dividend yield data.
Positive Factors
Very low leverage
Debt-to-equity consistently around 0.2%-1.3%, with TTM near 0.5%, leaves the company lightly levered. This lowers near-term solvency and interest-burden risk, preserving balance-sheet flexibility while projects are advanced, even though it does not offset the lack of operating earnings.
Negative Factors
No reported revenue
No reported revenue indicates that the company has not yet demonstrated a producing or monetized operating base. This limits visibility into future scale, makes funding dependent on sources outside customer receipts, and leaves project advancement without proven recurring commercial cash inflows.
Read all positive and negative factors
Positive Factors
Negative Factors
Very low leverage
Debt-to-equity consistently around 0.2%-1.3%, with TTM near 0.5%, leaves the company lightly levered. This lowers near-term solvency and interest-burden risk, preserving balance-sheet flexibility while projects are advanced, even though it does not offset the lack of operating earnings.
Read all positive factors
Macarthur Minerals Ltd. (MIO) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$7.55M
Dividend YieldN/A
Average Volume (3M)85.76K
Price to Earnings (P/E)―
Beta (1Y)-0.09
Revenue GrowthN/A
EPS Growth65.52%
CountryAU
Employees2
SectorGeneral
Sector StrengthN/A
IndustryOther Precious Metals
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding377,600,830
10 Day Avg. Volume80,113
30 Day Avg. Volume85,760
Financial Highlights & Ratios
PEG Ratio0.04
Price to Book (P/B)0.13
Price to Sales (P/S)0.00
P/FCF Ratio-3.36
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
Macarthur Minerals Ltd. Business Overview & Revenue Model
Company Description
Macarthur Minerals Ltd. engages in the exploration and evaluation of mineral resources. The firm has iron ore projects in the Yilgarn region and Pilbara of Western Australia. The Company was founded by Kenneth Talbot on December 2, 2002, and is he...
Macarthur Minerals Ltd. Financial Statement Overview
Summary
Income Statement
14
Very Negative
Balance Sheet
63
Positive
Cash Flow
18
Very Negative
| Breakdown | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Jun 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -3.15K | -38.58K | -70.51K | -72.34K | -31.42K |
| EBITDA | -1.75M | -2.46M | -3.85M | -4.34M | 4.72M |
| Net Income | -1.82M | -26.53M | -5.76M | -4.88M | 4.38M |
Balance Sheet | |||||
| Total Assets | 53.88M | 52.89M | 77.69M | 80.69M | 78.48M |
| Cash, Cash Equivalents and Short-Term Investments | 796.01K | 784.00 | 180.64K | 1.94M | 1.63M |
| Total Debt | 149.28K | 243.77K | 919.60K | 149.40K | 1.00M |
| Total Liabilities | 1.51M | 1.81M | 1.74M | 611.17K | 2.84M |
| Stockholders Equity | 52.38M | 51.08M | 75.95M | 80.08M | 75.64M |
Cash Flow | |||||
| Free Cash Flow | -2.03M | -1.64M | -2.81M | -5.41M | -7.81M |
| Operating Cash Flow | -1.74M | -1.33M | -1.74M | -3.83M | -2.27M |
| Investing Cash Flow | -255.13K | 831.34K | -1.14M | -1.82M | -4.35M |
| Financing Cash Flow | 2.79M | 319.98K | 1.12M | 5.96M | 3.23M |
Macarthur Minerals Ltd. Technical Analysis
Negative
0.02
Price Trends
0.03
Negative
0.02
Negative
0.03
Negative
Market Momentum
>-0.01
Positive
31.47
Neutral
30.30
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:MIO, the sentiment is Negative. The current price of 0.02 is below the 20-day moving average (MA) of 0.03, below the 50-day MA of 0.03, and below the 200-day MA of 0.03, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 31.47 is Neutral, neither overbought nor oversold. The STOCH value of 30.30 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:MIO.
Macarthur Minerals Ltd. Peers Comparison
UnderperformOutperform
Sector (55)
AU:MIO
Macarthur Minerals Ltd.
0.02
-0.01
-39.39%
AU:MGT
Magnetite Mines Limited
0.02
-0.05
-76.56%
AU:HIO
Hawsons Iron Ltd
0.01
-0.02
-60.00%
Macarthur Minerals Ltd. Corporate Events
Macarthur Minerals Issues New Shares and Confirms Regulatory Compliance
Sep 22, 2026
Macarthur Minerals Limited has issued 5,917,350 fully paid ordinary shares on 16 September 2026, notifying the ASX that these securities were issued without a prospectus under the Corporations Act. The company confirmed it is compliant with financ...
Macarthur Minerals Seeks ASX Quotation for 5.9 Million New Shares
Sep 22, 2026
Macarthur Minerals Limited has applied for quotation on the ASX of 5,917,350 new fully paid ordinary shares under the code MIO, with an issue date of 16 September 2026. The application, lodged as a new announcement on 22 September 2026, reflects a...
Macarthur Minerals Director Increases Indirect Shareholding
Sep 22, 2026
Macarthur Minerals Limited has reported a change in the indirect equity holdings of director Alan Spence Phillips via Phillips Exploration Pty Ltd, reflecting an adjustment in his personal investment position in the company.Phillips acquired 100,0...
Macarthur Minerals Plans Major Share and Option Placement on ASX
Sep 7, 2026
Macarthur Minerals Limited has notified the ASX of a proposed issue of ordinary shares and options under a placement structure. The company is seeking approval for the quotation of these new securities, which will be governed by the ASX Listing Ru...
Macarthur Wins Additional Bulk Sampling Approval for Lake Giles Hematite Project
Sep 2, 2026
Macarthur Minerals has secured an additional Programme of Work approval from Western Australia’s Department of Mines, Petroleum and Exploration for bulk sampling at its Lake Giles Ularring Hematite Project. The new approval extends regulator...
Macarthur Minerals Shareholders Approve Amended Constitution
Aug 31, 2026
Macarthur Minerals Limited has secured shareholder approval to amend its corporate constitution at its Annual General Meeting held on 31 August 2026. The updated constitution, adopted by special resolution as required under the Corporations Act an...
Macarthur Minerals Wins Strong Shareholder Backing at 2026 AGM
Aug 31, 2026
Macarthur Minerals Limited has confirmed that all resolutions put to shareholders at its 2026 Annual General Meeting in Brisbane were carried by strong majorities. The meeting covered director elections and re-elections, adoption of the remunerati...
Macarthur Minerals Updates Market on Director Nigel Jones’ Shareholdings
Aug 20, 2026
Macarthur Minerals has reported a change in the relevant interests of director Nigel Hanson Jones, updating the ASX on recent on‑market trades in the company’s ordinary shares. The notice clarifies both direct and indirect holdings, re...
Macarthur Minerals Tightens Governance After Late ASX Director Filings
Aug 14, 2026
Macarthur Minerals has disclosed that required ASX notices relating to the appointment of Nigel Jones as a non-executive director and the resignation of Eduardo Robaina were lodged late due to an administrative oversight. The company stated that i...
Macarthur Minerals Options Expire, Simplifying Capital Structure
Aug 5, 2026
Macarthur Minerals has confirmed the expiry of 12,096,915 listed options, which carried an exercise price of $0.10 and were due to expire on July 29, 2026. The options lapsed without being exercised, resulting in a reduction of the company’s...
Macarthur Minerals Posts June Quarter Cash Outflow as Exploration Spending Continues
Jul 30, 2026
Macarthur Minerals Limited reported its quarterly cash flow for the period ended 30 June 2026, highlighting its position as a mining exploration entity in an early-stage, non‑producing phase. Operational spending was dominated by exploration...
Macarthur Minerals Advances Lake Giles Planning with New Funding and Work Approvals
Jul 30, 2026
Macarthur Minerals reported that its June quarter activities at the Lake Giles Iron Project in Western Australia were aimed at maintaining the asset in good standing and advancing planning for future development. The company confirmed that no mate...
Macarthur Minerals refreshes board with appointment of veteran mining executive
Jul 14, 2026
Macarthur Minerals has announced changes to its board, with Non-Executive Director Ryan Eduardo Robaina retiring effective 15 July 2026 after contributing international expertise in mining, finance and corporate development. His departure marks a ...
Macarthur Minerals Director Increases Indirect Shareholding
Jul 14, 2026
Macarthur Minerals Limited has reported a change in the indirect shareholding of director Alan Spence Phillips, held through Phillips Exploration Pty Ltd . The disclosure forms part of the company’s ongoing obligations under ASX listing rule...
Macarthur Minerals Director McCall Adds to Shareholding in On-Market Trade
Jul 14, 2026
Macarthur Minerals has reported a change in the shareholding of director Cameron Hugh McCall, who increased his direct holding through an on-market trade. McCall acquired 71,743 ordinary shares for $1,677.05, lifting his stake to 6,077,732 ordinar...
Macarthur Minerals Director Increases Indirect Shareholding
Jul 12, 2026
Macarthur Minerals has reported a change in the indirect shareholding of director Alan Spence Phillips, disclosed through Phillips Exploration Pty Ltd . Following on-market purchases on 6 and 8 July 2026, his indirect holding increased from 5,221,...
Macarthur Minerals director increases on-market shareholding
Jul 12, 2026
Macarthur Minerals has disclosed a change in the shareholding of director Cameron Hugh McCall, who increased his direct holding in the company through on-market purchases. Following two transactions in early July 2026, McCall’s direct owners...
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.