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Mithril Resources Ltd
(Sydney:MTH)
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Rating:42Neutral
Price Target:
AU$0.21
▼(-27.24% Downside)
Action:Reiterated
Date:09/30/26
The score is held down primarily by very weak operating fundamentals (near-zero revenue, widening losses) and persistent cash burn, despite a low-leverage balance sheet. Technicals add further pressure with the stock trading below key moving averages and negative momentum. Valuation provides limited support because the company is loss-making (negative P/E) and no dividend yield is available.
Positive Factors
Low leverage
Essentially no debt limits financial risk and avoids a significant interest burden while projects remain in exploration and development stages. This preserves flexibility to direct available capital toward project work or withstand periods of weak operating performance.
Negative Factors
No meaningful operating revenue
Effectively zero revenue means the company currently lacks a recurring operating stream to fund exploration, corporate costs, or project advancement. Its economic model therefore remains dependent on capital access and successful project progression rather than internally generated commercial cash flow.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage
Essentially no debt limits financial risk and avoids a significant interest burden while projects remain in exploration and development stages. This preserves flexibility to direct available capital toward project work or withstand periods of weak operating performance.
Read all positive factors
Mithril Resources Ltd (MTH) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$41.25M
Dividend YieldN/A
Average Volume (3M)236.03K
Price to Earnings (P/E)―
Beta (1Y)2.43
Revenue GrowthN/A
EPS GrowthN/A
CountryAU
Employees5
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)-0.03
Shares Outstanding187,487,760
10 Day Avg. Volume68,387
30 Day Avg. Volume236,026
Financial Highlights & Ratios
PEG Ratio-0.11
Price to Book (P/B)0.72
Price to Sales (P/S)0.00
P/FCF Ratio-23.71
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
Mithril Resources Ltd Business Overview & Revenue Model
Company Description
Mithril Resources Ltd. is an Australian-headquartered company focused on the discovery and advancement of mineral deposits across Mexico and Australia. Its exploration efforts target valuable resources such as gold, silver, zinc, and nickel. A key...
How the Company Makes Money
Mithril Resources does not typically generate recurring operating revenue in the way an established mining producer does; instead, its economic model is generally centered on creating value through mineral exploration and then realizing that value...
Mithril Resources Ltd Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
58
Neutral
Cash Flow
24
Negative
| Breakdown | TTM | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 1.98K | 1.92K | 25.61K |
| Gross Profit | -8.29K | -130.31K | -66.29K | -62.93K | -53.39K | -17.61K |
| EBITDA | -5.29M | -5.64M | -2.05M | -1.29M | -2.04M | -795.94K |
| Net Income | -5.00M | -5.27M | -2.12M | -1.60M | -2.10M | -632.30K |
Balance Sheet | ||||||
| Total Assets | 64.57M | 63.37M | 50.95M | 32.92M | 31.02M | 28.41M |
| Cash, Cash Equivalents and Short-Term Investments | 14.23M | 7.29M | 11.06M | 1.50M | 568.53K | 2.27M |
| Total Debt | 0.00 | 0.00 | 0.00 | 34.74K | 10.52K | 0.00 |
| Total Liabilities | 1.95M | 1.52M | 870.67K | 446.75K | 393.35K | 690.88K |
| Stockholders Equity | 62.62M | 61.85M | 50.08M | 32.48M | 30.63M | 27.72M |
Cash Flow | ||||||
| Free Cash Flow | -7.38M | -1.88M | -1.95M | -3.41M | -3.08M | -6.86M |
| Operating Cash Flow | -2.00M | -1.87M | -1.95M | -1.35M | 1.35K | -265.78K |
| Investing Cash Flow | -15.53M | -15.28M | -8.18M | -2.06M | -3.09M | -6.09M |
| Financing Cash Flow | 467.82K | 13.37M | 19.69M | 4.34M | 1.37M | 6.38M |
Mithril Resources Ltd Technical Analysis
Negative
0.29
Price Trends
0.24
Negative
0.26
Negative
0.34
Negative
Market Momentum
>-0.01
Positive
38.93
Neutral
29.63
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:MTH, the sentiment is Negative. The current price of 0.29 is above the 20-day moving average (MA) of 0.24, above the 50-day MA of 0.24, and below the 200-day MA of 0.34, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 38.93 is Neutral, neither overbought nor oversold. The STOCH value of 29.63 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:MTH.
Mithril Resources Ltd 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% | |
47 Neutral | AU$4.10M | -0.35 | -27.10% | ― | ― | 3.80% | |
45 Neutral | AU$40.58M | -1.89 | 337.06% | ― | ― | 50.00% | |
44 Neutral | AU$66.01M | -10.71 | -14.38% | ― | ― | -153.85% | |
44 Neutral | AU$38.19M | -3.55 | -24.22% | ― | ― | -28.87% | |
43 Neutral | AU$51.13M | -15.79 | -2.63% | ― | ― | 11.63% | |
42 Neutral | AU$41.25M | -7.28 | -8.90% | ― | ― | ― |
* Basic Materials Sector Average
AU:MTH
Mithril Resources Ltd
0.22
-0.37
-62.93%
AU:AUZ
Australian Mines
0.03
<0.01
26.09%
AU:COB
Cobalt Blue Holdings
0.07
<0.01
10.00%
AU:STM
Sunstone Metals Limited
0.18
-0.51
-73.91%
AU:AW1
American West Metals Ltd.
0.03
<0.01
10.00%
AU:EMT
eMetals Limited
0.04
-0.06
-57.58%
Mithril Resources Ltd Corporate Events
Mithril boosts Copalquin resource confidence with upgraded estimate
Sep 29, 2026
Mithril Silver and Gold Limited is a junior gold and silver exploration company whose flagship asset is the Copalquin Project in Durango State, Mexico. The company, listed on the ASX, TSX Venture Exchange and U.S. OTCQB, focuses on growing its JOR...
Mithril Silver and Gold Releases 2026 Annual Report
Sep 29, 2026
Mithril Silver and Gold Limited has released its annual report for the year ended 30 June 2026, outlining corporate information, operational activities, and governance disclosures. The report details the directors’ report, auditor’s in...
Mithril Deepens High-Grade Silver-Gold Footprint in Mexico’s Copalquin District
Sep 24, 2026
Mithril Silver and Gold Limited, traded on TSXV, ASX and OTCQB, is a precious metals explorer concentrating on high-grade gold and silver assets in Mexico’s Copalquin district and the La Dura property. Its portfolio is centred on a multi-tar...
Mithril Silver and Gold Director Increases Shareholding as Options Expire
Sep 7, 2026
Mithril Silver and Gold Limited has reported a change in director John Skeet’s indirect interests in the company’s securities, as required under ASX listing rules. The update details his holdings through Trimin Pty Ltd and Goss Closet ...
Mithril Silver and Gold Options Lapse, Clarifying Capital Structure
Sep 7, 2026
Mithril Silver and Gold Limited has reported the cessation of 4,258,700 options, each exercisable at $0.30 and expiring on 5 September 2026, after these securities lapsed without being exercised or converted. The expiry slightly reduces the compan...
Mithril Confirms 550m High-Grade Gold-Silver Corridor at Copalquin
Aug 27, 2026
Mithril Silver and Gold has reported wide, high-grade, near-surface gold and silver intercepts from systematic drilling at Target 4 in the historic Copalquin Mine area. The latest results show elevated silver grades and confirm mineralisation over...
Mithril Tightens Copalquin Target 1 Resource With Mine‑Constrained Upgrade
Jul 2, 2026
Mithril Silver and Gold Limited has released an amended ASX announcement detailing an upgraded Mineral Resource Estimate for the Target 1 deposit at its Copalquin Project in Mexico. The update clarifies technical aspects such as sampling, drilling...
Mithril Silver and Gold Issues 800,000 Unquoted Employee Options
Jul 1, 2026
Mithril Silver and Gold Limited has issued 800,000 unquoted options under its employee incentive scheme, with each option expiring on 1 September 2028 and exercisable at $1.07. The options, which are subject to transfer restrictions and will not b...
Mithril Steps Up High-Grade Silver-Gold Push at Mexico’s Copalquin District
Jul 1, 2026
Mithril Silver and Gold has consolidated a series of recent exploration and drilling updates that underscore the high-grade nature and growing scale of its Copalquin District project in Mexico. The company reports extensive high-grade drill interc...
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.