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Mount Burgess Mining N.L.
(Sydney:MTB)
Mount Burgess Mining N.L. (MTB) vs. iShares MSCI Australia ETF (EWA)
Mount Burgess Mining N.L. Business Overview & Revenue Model
Mount Burgess Mining N.L. Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 727.00 | 725.00 | 381.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 727.00 | 725.00 | 381.00 | -2.84K | -2.83K | -1.01K |
| EBITDA | -560.85K | -561.34K | -395.00K | -477.00K | -249.01K | -439.48K |
| Net Income | -627.00K | -627.21K | -465.00K | -536.00K | -281.31K | -470.54K |
Balance Sheet | ||||||
| Total Assets | 3.77M | 3.77M | 3.64M | 2.95M | 3.05M | 2.64M |
| Cash, Cash Equivalents and Short-Term Investments | 240.96K | 240.96K | 367.26K | 44.05K | 453.48K | 604.28K |
| Total Debt | 1.71M | 1.71M | 1.62M | 1.10M | 1.13M | 1.22M |
| Total Liabilities | 5.17M | 5.17M | 4.75M | 4.55M | 4.21M | 4.00M |
| Stockholders Equity | -1.40M | -1.40M | -1.11M | -1.60M | -1.16M | -1.36M |
Cash Flow | ||||||
| Free Cash Flow | -170.28K | -367.61K | -472.94K | -376.47K | -574.71K | -439.95K |
| Operating Cash Flow | -136.45K | -275.50K | -284.25K | -263.13K | -257.50K | -344.29K |
| Investing Cash Flow | -56.41K | -56.41K | -152.77K | -72.39K | -308.28K | -93.92K |
| Financing Cash Flow | 205.43K | 205.43K | 760.29K | -73.59K | 415.23K | 1.02M |
Mount Burgess Mining N.L. Peers Comparison
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% | |
44 Neutral | AU$6.02M | ― | -78.12% | ― | ― | -349.06% | |
41 Neutral | AU$8.63M | ― | ― | ― | ― | 5.56% | |
41 Neutral | AU$3.96M | ― | -106.64% | ― | ― | -36.36% | |
40 Underperform | AU$3.59M | ― | -37.62% | ― | ― | 76.76% | |
36 Underperform | AU$5.52M | ― | -190.23% | ― | ― | 47.92% | |
35 Underperform | AU$5.04M | -7.86 | -27.60% | ― | ― | 36.36% |
Mount Burgess Mining N.L. Corporate Events
Mount Burgess Mining N.L. announced a change in the director’s interest, with Director Will Belbin acquiring 1,428,571 ordinary fully paid shares valued at $10,000. This acquisition was part of a placement of shares subscribed before Belbin’s appointment as director, indicating a strategic move to align leadership interests with company performance.
Mount Burgess Mining NL has issued 128,571,428 fully paid ordinary shares at $0.007 per share following shareholder approval. This issuance was conducted without disclosure under the Corporations Act, relying on specific exemptions, and the company confirms compliance with relevant legal provisions, ensuring no restricted information is involved.
Mount Burgess Mining N.L. announced a change in the director’s interest as Harry Warries acquired 764,331 fully paid ordinary shares, valued at $12,000, in lieu of director’s fees. This transaction, approved at the company’s Extraordinary General Meeting, increases Warries’ total shareholding to 10,013,908, reflecting a strategic move to align director compensation with company performance.
Mount Burgess Mining N.L. announced a change in the director’s interest, where Harry Warries acquired 836,622 fully paid ordinary shares. This acquisition was part of a debt settlement, where approximately 5% of the debt owed to Mr. Warries was converted into shares, and the remaining debt was forgiven. This strategic move, approved at the company’s Extraordinary General Meeting, reflects a financial restructuring effort that may impact the company’s financial stability and stakeholder relations.
Mount Burgess Mining N.L. has announced the quotation of 128,571,428 fully paid ordinary securities on the Australian Securities Exchange (ASX) as of October 15, 2025. This move is part of a previously announced transaction, potentially impacting the company’s operational capacity and market positioning by increasing its capital base and enhancing liquidity for stakeholders.
Mount Burgess Mining N.L. announced the issuance of 42,400,000 unlisted options with an exercise price of $0.01, set to expire on October 13, 2028. This issuance is part of previously announced transactions and is not intended to be quoted on the ASX, potentially impacting the company’s financial strategy and stakeholder interests.
Mount Burgess Mining NL has issued 42,400,000 Director Options to a Director and former Director, following shareholder approval at an Extraordinary General Meeting. This move is part of the company’s strategic initiatives to align the interests of its directors with those of its shareholders, potentially impacting the company’s governance and operational strategies.
Mount Burgess Mining N.L. announced the issuance of 6,207,192 ordinary fully paid shares as compensation for directors’ and company secretary fees, approved by shareholders at an extraordinary general meeting. This move is part of the company’s efforts to manage its financial obligations and maintain operational stability, potentially impacting its financial structure and shareholder value.
Mount Burgess Mining NL has issued 86,413,282 fully paid ordinary shares following shareholder approval to settle loans with a director and former directors. This move allows the company to convert debt into equity, potentially enhancing its financial stability and enabling these shares to be sold to retail investors without further disclosure.
Mount Burgess Mining N.L. announced the issuance of 4,685,563 unlisted options with varying exercise prices and expiry dates. These securities are part of a previously announced transaction and are not intended to be quoted on the ASX, potentially impacting the company’s financial strategies and stakeholder interests.
Mount Burgess Mining N.L. has announced the quotation of 86,413,282 ordinary fully paid securities on the ASX, effective October 14, 2025. This move is part of previously announced transactions and could potentially enhance the company’s liquidity and market presence, impacting its operational capabilities and stakeholder interests.
Mount Burgess Mining NL has successfully extinguished $4.686 million in legacy debt following shareholder approval, with 95% of the debt forgiven and the remaining 5% converted into equity through the issuance of shares and options. This financial restructuring strengthens the company’s balance sheet, enabling it to pursue new gold project acquisitions in alignment with its strategic plan, thereby enhancing its operational agility and market positioning.
Mount Burgess Mining NL has issued 60 million Unlisted Options to the California Group Pty Ltd and its nominees, following shareholder approval at a recent Extraordinary General Meeting. This issuance includes two classes of options, Class A and Class B, with different exercise prices and expiry dates, potentially impacting the company’s financial strategy and stakeholder interests.
Mount Burgess Mining NL has announced the issuance of 216,666,666 fully paid ordinary shares as consideration for acquiring the Viking Gold Project and the Blair North Project. This move, executed without further disclosure requirements, aims to facilitate the resale of these shares to retail investors, potentially enhancing the company’s market presence and operational capabilities.
Mount Burgess Mining N.L. has announced the quotation of 216,666,667 fully paid ordinary securities on the Australian Securities Exchange (ASX) as of October 14, 2025. This move is part of previously announced transactions and is expected to impact the company’s operations by potentially increasing its capital base and enhancing its market positioning.
Mount Burgess Mining N.L. announced the issuance of 108,333,334 unlisted options with an exercise price of $0.01, expiring on October 13, 2028. This move is part of a previously announced transaction, indicating the company’s strategic efforts to strengthen its financial position and potentially enhance shareholder value.
Mount Burgess Mining NL has issued shares and unlisted options to Metal Hawk Limited and Falcon Metals Limited to secure the acquisition of two high-grade gold projects in Western Australia, namely the Viking and Blair North projects. This move aligns with the company’s strategic plan to enhance its project pipeline and build strategic partnerships, positioning itself for future growth in the mining sector.
Mount Burgess Mining N.L. announced the issuance of 60 million unlisted options, divided into two tranches with expirations of three and four years. This strategic move aims to enhance the company’s financial flexibility and support its ongoing exploration and development activities, potentially impacting its market positioning and stakeholder interests.
Mount Burgess Mining N.L. announced changes to its Board of Directors, reflecting its strategic focus and governance needs. Jacob Thamage has resigned to concentrate on responsibilities in Botswana, while William Belbin, with extensive experience in gold and base metals exploration, has been appointed to the board. These changes are expected to support the company’s strategic direction and enhance its industry positioning.
Mount Burgess Mining NL announced that all resolutions presented at their Extraordinary General Meeting were successfully passed by poll. This includes the ratification of various share placements and approvals for new plans and potential termination benefits, which could enhance the company’s operational flexibility and strategic positioning in the mining sector.
Mount Burgess Mining N.L. has announced its upcoming Annual General Meeting, scheduled for November 17, 2025, where shareholders will discuss key resolutions, including the adoption of the Remuneration Report and a potential Spill Resolution. This meeting is significant for stakeholders as it addresses corporate governance issues and could lead to changes in the company’s board composition, impacting its strategic direction.
Mount Burgess Mining N.L. has confirmed that it is not aware of any undisclosed information that could explain recent trading activity in its securities. The company is preparing for an Extraordinary General Meeting to seek shareholder approval for the acquisition of two high-grade gold projects in Western Australia and the conversion of a portion of its legacy debt into equity. These developments have been previously disclosed and are not considered materially price sensitive. The company also confirms compliance with ASX Listing Rules and that its disclosures have been authorized under its continuous disclosure policy.
Mount Burgess Mining N.L. has released its corporate governance statement for the financial year ending June 30, 2025, which is available on their website. The statement outlines the company’s adherence to the ASX Corporate Governance Council’s principles and recommendations, including board responsibilities, director appointments, and accountability of the company secretary. This announcement highlights the company’s commitment to transparency and compliance with governance standards, which is crucial for maintaining investor confidence and operational integrity.
Mount Burgess Mining N.L. has announced a proposed issue of 42,400,000 unlisted options, exercisable at A$0.01, set to expire three years from the date of issue. This move is part of a strategic placement aimed at bolstering the company’s financial position and enhancing its operational capabilities, potentially impacting its market positioning and stakeholder interests.
Mount Burgess Mining N.L. has announced a proposed issue of securities, specifically unlisted options, to raise capital for its operations. The company plans to issue a total of 60 million unlisted options, with different exercise prices and expiration dates in 2028 and 2029. This move is likely aimed at enhancing the company’s financial flexibility and supporting its ongoing exploration and development activities.
Mount Burgess Mining N.L. has announced an Extraordinary General Meeting (EGM) scheduled for October 13, 2025, at their registered office in Western Australia. Shareholders are encouraged to participate by submitting proxy forms and questions in advance, although participation during the meeting is also possible. The company is transitioning to electronic communication for meeting materials, urging shareholders to provide email addresses for digital correspondence. This move reflects a broader industry trend towards digitalization, potentially enhancing shareholder engagement and operational efficiency.
Mount Burgess Mining N.L. announced the cancellation of a previous securities issue announcement due to it being covered by an earlier document. This decision reflects the company’s commitment to transparency and compliance with regulatory requirements, potentially impacting its operational timelines and stakeholder communications.
Mount Burgess Mining N.L. has announced a proposed issue of securities, specifically 54,166,667 unlisted Class A options exercisable at $0.01 with a three-year expiry. This move is part of a placement or other type of issue, with the proposed issue date set for October 10, 2025. This announcement could potentially impact the company’s financial strategy by increasing its capital base, thereby supporting its exploration and development activities.
Mount Burgess Mining N.L. has announced a proposed issue of securities, specifically unlisted options, with a total of 108,333,334 options to be issued in two classes. This strategic move is aimed at raising capital to support the company’s growth initiatives and strengthen its financial position, potentially impacting its market presence and stakeholder interests.
Mount Burgess Mining N.L. has announced an update to a previous securities issue, clarifying that the number of fully paid ordinary shares is 216,666,667. This update corrects an earlier error where the number of securities was doubled, impacting the company’s capital structure and potentially influencing investor perceptions.
Mount Burgess Mining NL has acquired two high-grade gold projects in Western Australia from Metal Hawk Limited and Falcon Metals Limited. These acquisitions, the Viking Gold Project and the Blair North Project, provide significant exploration opportunities and align with the company’s strategic plan to expand its project pipeline. The company has also raised A$900,000 through an oversubscribed placement, and Metal Hawk will appoint a nominee to the Mount Burgess board, indicating a strengthened partnership.
Mount Burgess Mining N.L. has undergone leadership changes with the appointment of Dr. Stephen Lennon as Executive Chairman following the passing of its founder. The company has adopted a strategic plan to enhance its operational foundation and explore growth opportunities. Recent metallurgical test work on the Nxuu Deposit has shown promising recovery rates for key minerals, which will inform a scoping study later in 2025. These developments are aimed at strengthening the company’s position and ensuring sustainable operations.