Want to see AU:NMR full AI Analyst Report?
Top Page
Native Mineral Resources Holdings Ltd.
(Sydney:NMR)
Select Model
Select Model
Rating:41Neutral
Price Target:
AU$0.04
▼(-35.00% Downside)
Action:Reiterated
Date:10/29/26
The score is driven down primarily by weak financial performance: widening losses, negative gross profit, negative equity alongside rising debt, and sustained operating/free-cash burn. Technical indicators also lean bearish with price below major moving averages and negative MACD, while valuation provides limited support due to negative earnings and no dividend yield data.
Positive Factors
Revenue Inflection
The sharp FY2026 revenue step-up indicates that the company has begun generating a more meaningful operating contribution after years of limited reported revenue. If this activity is sustained, it could establish a larger base from which mineral projects and related interests can be developed.
Negative Factors
Severe Unprofitability
The company is reporting a deeply negative gross result alongside a substantial net loss, showing that the current revenue base does not cover direct costs and operating expenses. Persistent losses weaken earnings quality, reduce internal reinvestment capacity, and make a durable path to profitability uncertain.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Inflection
The sharp FY2026 revenue step-up indicates that the company has begun generating a more meaningful operating contribution after years of limited reported revenue. If this activity is sustained, it could establish a larger base from which mineral projects and related interests can be developed.
Read all positive factors
Native Mineral Resources Holdings Ltd. (NMR) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$44.14M
Dividend YieldN/A
Average Volume (3M)1.96M
Price to Earnings (P/E)―
Beta (1Y)0.16
Revenue GrowthN/A
EPS Growth-17.24%
CountryAU
Employees16
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)-0.03
Shares Outstanding1,131,712,800
10 Day Avg. Volume1,939,868
30 Day Avg. Volume1,963,019
Financial Highlights & Ratios
PEG Ratio-0.09
Price to Book (P/B)-24.46
Price to Sales (P/S)1.97
P/FCF Ratio-2.18
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
Native Mineral Resources Holdings Ltd. Business Overview & Revenue Model
Company Description
Native Mineral Resources Holdings Limited is engaged in the exploration and subsequent development of mineral assets across Queensland and Western Australia. The company principally focuses on discovering deposits of copper, zinc, gold, and nickel...
Native Mineral Resources Holdings Ltd. Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
18
Very Negative
Cash Flow
16
Very Negative
| Breakdown | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 24.13M | 0.00 | 0.00 | 0.00 | 30.67K |
| Gross Profit | -18.41M | -86.89K | -38.23K | -44.47K | -116.31K |
| EBITDA | -28.88M | -14.84M | -3.67M | -3.68M | -4.56M |
| Net Income | -34.76M | -16.18M | -3.74M | -3.73M | -4.60M |
Balance Sheet | |||||
| Total Assets | 53.93M | 37.92M | 159.62K | 565.97K | 723.97K |
| Cash, Cash Equivalents and Short-Term Investments | 174.78K | 13.47K | 10.46K | 306.84K | 449.96K |
| Total Debt | 23.11M | 16.57M | 1.13M | 0.00 | 0.00 |
| Total Liabilities | 55.88M | 27.92M | 1.89M | 371.27K | 225.93K |
| Stockholders Equity | -1.94M | 10.00M | -1.73M | 194.70K | 498.04K |
Cash Flow | |||||
| Free Cash Flow | -21.78M | -18.92M | -2.91M | -3.45M | -4.71M |
| Operating Cash Flow | -13.86M | -11.22M | -2.87M | -3.43M | -4.55M |
| Investing Cash Flow | -7.84M | -7.72M | -31.31K | -26.28K | 12.77K |
| Financing Cash Flow | 21.86M | 18.94M | 2.62M | 3.31M | 2.94M |
Native Mineral Resources Holdings Ltd. Technical Analysis
Negative
0.06
Price Trends
0.06
Negative
0.06
Negative
0.06
Negative
Market Momentum
>-0.01
Positive
37.92
Neutral
14.58
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:NMR, the sentiment is Negative. The current price of 0.06 is above the 20-day moving average (MA) of 0.05, above the 50-day MA of 0.06, and above the 200-day MA of 0.06, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 37.92 is Neutral, neither overbought nor oversold. The STOCH value of 14.58 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:NMR.
Native Mineral Resources Holdings 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% | |
44 Neutral | AU$47.89M | -24.36 | -8.79% | ― | ― | -407.89% | |
43 Neutral | AU$24.20M | -0.98 | -240.94% | ― | ― | 9.73% | |
42 Neutral | AU$61.28M | -3.65 | -33.02% | ― | -100.00% | 80.38% | |
42 Neutral | AU$45.43M | -46.67 | -3.47% | ― | 185.18% | 80.00% | |
41 Neutral | AU$44.14M | -1.15 | -1001.87% | ― | ― | -17.24% |
* Basic Materials Sector Average
AU:NMR
Native Mineral Resources Holdings Ltd.
0.04
-0.06
-58.51%
AU:PNN
PepinNini Minerals Limited
0.14
0.02
12.00%
AU:ZNC
Zenith Minerals Limited
0.07
-0.02
-24.73%
AU:BCA
Black Canyon Limited
0.29
-0.09
-22.97%
AU:AKN
AuKing Mining Ltd
0.01
0.00
0.00%
Native Mineral Resources Holdings Ltd. Corporate Events
Native Mineral Resources lifts Blackjack gold output as October smelts hit new highs
Oct 20, 2026
Native Mineral Resources reported a strong October performance at its Blackjack Gold Operations, with the 20 October smelt yielding 552oz of doré, the largest weekly output since mid-August and the second consecutive increase. The plant lifte...
NMR’s Blackjack Gold Operation Surpasses 6,000oz Milestone as Output Rises
Oct 13, 2026
Native Mineral Resources has passed a key milestone at its Blackjack Gold Operations, with cumulative refined gold outturn reaching 6,048.3 ounces since production began in July 2025. More than half of this total has been generated since June 2026...
Native Mineral Resources Sets Date for 2026 AGM and Director Nomination Deadline
Oct 12, 2026
Native Mineral Resources Holdings Ltd. has scheduled its 2026 Annual General Meeting for 10:00 a.m. AEDT on Monday, 30 November 2026, in line with ASX listing requirements. The company will issue a detailed notice of meeting in due course outlinin...
Native Mineral Resources Secures $18m Refinancing to Boost Gold Production and Liquidity
Oct 11, 2026
Native Mineral Resources has secured an $18 million refinancing to fully repay its Collins Street facility over the Charters Towers assets and discharge associated security, materially easing near‑term debt pressures. By removing around $11....
Native Mineral Resources Requests Trading Halt Ahead of Material Refinancing
Oct 9, 2026
Native Mineral Resources Holdings Ltd., an ASX-listed mineral resources company based in Port Macquarie, is active in exploration and development projects supported by secured debt financing. Its reliance on external funding partners underscores t...
Native Mineral Resources lifts Blackjack gold output and grades in stronger Q3
Oct 6, 2026
Native Mineral Resources reported continued operational improvement at its Blackjack Gold Operations in Queensland, where the latest smelt on 6 October produced three doré bars weighing 296.6 ounces, with refinery results pending. Since produ...
Native Mineral Resources Releases 2026 Full-Year Financial Report
Sep 30, 2026
Native Mineral Resources Holdings Ltd. has released its financial report for the full year ended 30 June 2026, setting out audited remuneration disclosures, directors’ commentary, and comprehensive consolidated financial statements. The docu...
Native Mineral Resources Sustains Weekly Gold Output at Blackjack Mine
Sep 23, 2026
Native Mineral Resources reported continued weekly gold production at its Blackjack Gold Operations, confirming 279.5 ounces of gold and 186.2 ounces of silver from the 15 September smelt, which yielded doré with an average gold assay of 56.2...
Native Mineral Resources Extends Blackjack Gold Production Momentum With 501oz Doré Smelt
Sep 15, 2026
Native Mineral Resources has reported another strong week of output from its Blackjack Gold Operations in Queensland, reflecting its drive to maintain consistent production. The latest update reinforces the mine’s role as a core asset in the...
Native Mineral Resources extends gold production momentum at Blackjack
Sep 10, 2026
Native Mineral Resources has reported another strong gold smelt at its Blackjack operations, with the 8 September run producing two doré bars weighing a combined 340.9oz, following assay confirmation of 191.99oz of gold and 168.05oz of silver...
Native Mineral Resources Links Share Price Moves to Gold Operations and Market Strength
Sep 9, 2026
Native Mineral Resources Holdings Ltd. has responded to an ASX price and volume query, stating it is not aware of any undisclosed information that would explain the recent movements in its share price. The company confirmed that its recent record ...
Native Mineral Resources Records Strong Early Drilling Results at Blackjack North Pit
Sep 6, 2026
Native Mineral Resources has reported strong initial reverse circulation drilling results from the North Pit at its Blackjack Gold Mine in Queensland, with standout intercepts including 19 metres at 3.09 grams per tonne gold and 34 metres at 1.81 ...
Citigold and Native Mineral Resources in Stockholm JV to Boost Charters Towers Gold Output
Sep 3, 2026
Citigold Corporation has signed a binding joint venture agreement with Native Mineral Resources over four Stockholm mining leases near Charters Towers in Queensland, located about 2km north of NMR’s existing Blackjack operations. Under the d...
NMR Strikes Capital-Light Stockholm JV to Boost Charters Towers Throughput
Sep 3, 2026
Native Mineral Resources has signed a binding joint venture agreement with Citigold Corporation over four Stockholm mining leases near Charters Towers, about 2km north of NMR’s existing Blackjack operations. Citigold will retain ownership an...
Native Mineral Resources hits record gold output as Blackjack ramps up
Sep 1, 2026
Native Mineral Resources reported a record monthly official gold outturn of 1,080.5oz in August 2026 at its Blackjack operation in Queensland, the first time production has exceeded 1,000oz since start-up in July 2025. The company also achieved re...
Native Mineral Resources posts strong August output at Blackjack mine
Aug 25, 2026
Native Mineral Resources reported an official gold outturn of 870.8 ounces from the first three smelts in August 2026 at its Blackjack Gold Operations, alongside 694.9 ounces of silver from these runs. A fourth weekly smelt on 25 August added 476....
Native Mineral Resources lifts Blackjack gold output as mine pipeline advances
Aug 11, 2026
Native Mineral Resources reported strong production momentum at its Blackjack Gold Operations, with the latest weekly smelt on 11 August yielding 861.3 ounces of doré, a 46% increase on the prior week. Combined with the 4 August smelt, total ...
Native Mineral Resources Lifts Grades at Blackjack Ahead of Strong August Output
Aug 4, 2026
Native Mineral Resources reported that its Blackjack Processing Plant achieved a reconciled mill head grade of 1.09 grams per tonne of gold in July, the highest monthly grade since the plant was recommissioned. July throughput reached 18,699 dry m...
Native Mineral Resources relies on fresh capital amid quarterly cash outflows
Jul 30, 2026
Native Mineral Resources Holdings Ltd. reported a net operating cash outflow of A$3.39 million for the quarter ended 30 June 2026, driven by exploration, production-related spending, staff costs and corporate overheads. The company also recorded a...
Native Mineral Resources lifts Blackjack output and expands mining fronts
Jul 30, 2026
Native Mineral Resources reported record quarterly performance at its Blackjack processing plant, with 1,268.2 ounces of fine gold produced and a June head grade of 0.93 grams per tonne, the highest since the plant’s recommissioning. Plant r...
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.