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Native Mineral Resources Holdings Ltd. (AU:NMR)
ASX:NMR
Australian Market

Native Mineral Resources Holdings Ltd. (NMR) AI Stock Analysis

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AU

Native Mineral Resources Holdings Ltd.

(Sydney:NMR)

Rating:38Underperform
Price Target:
Native Mineral Resources Holdings Ltd. has a low overall stock score primarily due to significant financial challenges, including a lack of revenue and ongoing losses. The technical indicators show positive momentum, but the high RSI suggests caution. The valuation is unattractive given the negative P/E ratio and absence of dividends. Overall, the financial instability and lack of earnings weigh heavily against the stock.

Native Mineral Resources Holdings Ltd. (NMR) vs. iShares MSCI Australia ETF (EWA)

Native Mineral Resources Holdings Ltd. Business Overview & Revenue Model

Company DescriptionNative Mineral Resources Holdings Limited explores for and develops mineral properties in Queensland and Western Australia. It primarily explores for copper, zinc, gold, nickel, and precious and base metal deposits. The company's flagship property is the Palmerville project that comprises 9 exploration permits located in Queensland. Native Mineral Resources Holdings Limited was incorporated in 2020 and is based in Port Macquarie, Australia.
How the Company Makes MoneyNative Mineral Resources Holdings Ltd. generates revenue primarily through the exploration, development, and eventual production of mineral resources. The company's core revenue streams include the sale of extracted minerals such as gold, copper, and other base metals. NMR engages in strategic exploration activities to identify new mineral deposits, which can then be developed into mining operations. Additionally, the company may enter into joint ventures or partnerships with other mining companies to share the costs and benefits of exploration and production activities. These collaborations can provide access to additional resources, expertise, and funding, enhancing the company's ability to monetize its mineral assets.

Native Mineral Resources Holdings Ltd. Financial Statement Overview

Summary
Native Mineral Resources Holdings Ltd. faces significant financial challenges, characterized by a lack of revenue and persistent losses. The balance sheet reveals solvency concerns, and cash flow issues are evident with negative operating cash flow and reliance on financing. The company needs to address revenue generation and cost management to improve its financial health.
Income Statement
10
Very Negative
The company has consistently reported zero revenue over the years, reflecting a lack of sales or revenue-generating activities. The negative gross profit and net income indicate ongoing losses, with no signs of improvement or revenue recovery. EBIT and EBITDA margins are negative, suggesting operational inefficiency and substantial unprofitability.
Balance Sheet
15
Very Negative
The balance sheet shows a negative stockholders' equity, highlighting financial instability and potential solvency issues. The debt-to-equity ratio is not calculable due to negative equity, but high total liabilities relative to assets indicate a leveraged position. The company has minimal cash reserves, further emphasizing liquidity concerns.
Cash Flow
20
Very Negative
The cash flow statements reveal consistent negative operating and free cash flow, reflecting ongoing cash burn without revenue influx. Financing activities seem to be the primary source of cash, which may not be sustainable in the long term. The company struggles with generating cash from operations, indicating financial strain.
Breakdown
TTMJun 2024Jun 2023Jun 2022Jun 2021Jun 2020
Income StatementTotal Revenue
3.25K0.000.0030.67K271.000.00
Gross Profit
-39.52K-38.23K-44.47K-116.31K-7.31K0.00
EBIT
-4.66M-3.69M-4.13M-4.60M-3.66M-445.14K
EBITDA
-4.64M-3.67M-3.68M-4.56M-3.66M-15.42K
Net Income Common Stockholders
-5.02M-3.74M-3.73M-4.60M-3.67M-460.57K
Balance SheetCash, Cash Equivalents and Short-Term Investments
501.19K10.46K306.84K449.96K2.05M4.89M
Total Assets
23.28M159.62K565.97K723.97K2.14M4.90M
Total Debt
18.61M1.13M0.000.000.000.00
Net Debt
18.11M1.12M-306.84K-449.96K-2.05M-4.89M
Total Liabilities
22.04M1.89M371.27K225.93K142.14K41.79K
Stockholders Equity
1.24M-1.73M194.70K498.04K2.00M4.86M
Cash FlowFree Cash Flow
-4.73M-2.91M-3.45M-4.71M-3.24M-726.38K
Operating Cash Flow
-4.26M-2.87M-3.43M-4.55M-3.20M-726.38K
Investing Cash Flow
-972.98K-31.31K-26.28K12.77K-44.70K0.00
Financing Cash Flow
5.73M2.62M3.31M2.94M5.29M730.83K

Native Mineral Resources Holdings Ltd. Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.20
Price Trends
50DMA
0.16
Positive
100DMA
0.11
Positive
200DMA
0.07
Positive
Market Momentum
MACD
0.01
Positive
RSI
66.10
Neutral
STOCH
34.96
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:NMR, the sentiment is Positive. The current price of 0.2 is above the 20-day moving average (MA) of 0.19, above the 50-day MA of 0.16, and above the 200-day MA of 0.07, indicating a bullish trend. The MACD of 0.01 indicates Positive momentum. The RSI at 66.10 is Neutral, neither overbought nor oversold. The STOCH value of 34.96 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:NMR.

Native Mineral Resources Holdings Ltd. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (51)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
AUCYL
75
Outperform
AU$1.69B21.2635.27%148.01%
51
Neutral
$2.03B-1.27-21.09%3.98%2.91%-30.50%
AUNMR
38
Underperform
AU$188.26M-1217.52%23.15%
DEC8U
€353.31M-16.63%
$3.84B-0.68%
$2.13B9.1226.42%1.04%
AUAQX
39
Underperform
AU$3.75M-51.34%95.85%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:NMR
Native Mineral Resources Holdings Ltd.
0.20
0.17
566.67%
DE:C8U
Chalice Mining
0.89
0.13
17.11%
AU:CYL
Catalyst Metals Limited
7.03
6.07
632.29%
DGMLF
De Grey Mining Ltd
1.60
0.93
138.81%
RMLRF
Ramelius Resources Limited
1.84
0.66
55.93%
AU:AQX
Alice Queen Ltd.

Native Mineral Resources Holdings Ltd. Corporate Events

Native Mineral Resources Reports Quarterly Cash Flow with Positive Financing Outcome
Apr 30, 2025

Native Mineral Resources Holdings Ltd. reported its quarterly cash flow, highlighting a net cash outflow from operating and investing activities, primarily due to exploration and evaluation costs. Despite these outflows, the company secured significant financing through equity securities, resulting in a positive net cash flow for the period, which may support its ongoing exploration activities and strengthen its financial position.

Native Mineral Resources Advances Charters Towers Gold Project with Strategic Developments
Apr 30, 2025

Native Mineral Resources Holdings Ltd. has made significant progress in its Charters Towers Gold Project, including renewing mining leases and exploration permits, finalizing financial obligations, and advancing environmental and structural preparations for upcoming operations. The company is on track to restart gold production by Q3 2025, supported by a $15.9 million capital raise and strategic stakeholder engagement, positioning itself for continued growth and compliance in the mining sector.

BOC Holdings’ Voting Power in Native Mineral Resources Declines
Apr 29, 2025

Native Mineral Resources Holdings Ltd. has announced a change in the interests of its substantial holder, BOC Holdings Pty Ltd. The change, effective from April 24, 2025, resulted from a dilution due to a share placement by the company. Consequently, BOC Holdings’ voting power in the company has decreased from 18.16% to 16.99%. This adjustment in voting power may influence the company’s governance dynamics and stakeholder relations.

W and E Maas Holdings Increases Stake in Native Mineral Resources
Apr 29, 2025

Native Mineral Resources Holdings Limited has experienced a change in the interests of its substantial holder, W and E Maas Holdings Pty Ltd. The company’s voting power increased from 13.71% to 19.25% due to the final installment of the Maas Placement, which involved the acquisition of 56,666,700 shares at $0.04 per share. This change in shareholding could potentially impact the company’s operations and influence its strategic decisions, reflecting a stronger position for W and E Maas Holdings Pty Ltd within the company.

Native Mineral Resources Approves Key Resolutions at General Meeting
Apr 29, 2025

Native Mineral Resources Holdings Ltd. announced the successful passing of all resolutions at its recent general meeting, which were decided by a poll. The resolutions included the ratification of share issues, the issuance of convertible notes, and the issuance of director options, indicating strategic moves to strengthen the company’s financial and operational framework.

Native Mineral Resources Advances Towards Gold Production at Blackjack Plant
Apr 28, 2025

Native Mineral Resources Holdings Limited has announced significant progress in its refurbishment and commissioning activities at the Blackjack Processing Plant in North Queensland. The company is on track to begin commissioning in June 2025, with the first gold production expected in the third quarter of 2025. Key advancements include mechanical and electrical overhauls, security upgrades, and the mobilisation of critical supplies. These developments position NMR to strengthen its operational capabilities and stakeholder engagement, with potential positive implications for its market positioning in the gold mining sector.

Native Mineral Resources Announces Quotation of New Securities
Apr 24, 2025

Native Mineral Resources Holdings Ltd. has announced the application for the quotation of 56,666,700 ordinary fully paid securities on the Australian Securities Exchange (ASX). This move is part of a previously announced transaction, indicating a strategic step to enhance the company’s financial flexibility and market presence.

Native Mineral Resources Secures $6.8M Investment for Gold Production Restart
Apr 22, 2025

Native Mineral Resources Holdings Limited has received the final $2.26 million installment from Wes Maas, completing his $6.8 million investment as part of the company’s $15.8 million Entitlement Offer. This funding will support the restart of gold production at the company’s Charters Towers assets, with the first gold pour expected in Q3 2025. The investment marks a significant milestone for the company, enhancing its development activities at the Far Fanning and Blackjack gold deposits and the refurbishment of the Blackjack Processing Plant. Wes Maas now holds 19.25% of NMR’s issued shares, underscoring strong support for the company’s strategic direction and operational capabilities.

Native Mineral Resources Reports Promising Gold Drilling Results at Blackjack Project
Apr 21, 2025

Native Mineral Resources Holdings Ltd. has announced promising assay results from its resource definition drilling at the Blackjack South pit in Queensland. The drilling has confirmed high-grade, shallow gold mineralization, with significant results from two of the first three holes, indicating deeper mineralization than previously thought. The company is conducting a 46-hole reverse circulation drilling program to delineate the mineralization and prepare for mine design work. With refurbishment of its Blackjack processing plant on track, NMR is poised to commence gold production in the coming months, potentially enhancing its market position and growth strategy.

Native Mineral Resources Addresses ASX Price Query Amid Gold Market Strength
Apr 16, 2025

Native Mineral Resources Holdings Ltd. has responded to an ASX price query following a recent increase in the price and trading volume of its securities. The company attributes this activity to recent announcements about its Blackjack Gold Project, including drilling results and resource definition drilling, as well as a part settlement of a shortfall placement to entrepreneur Wes Maas, and the general strength in gold prices. NMR confirms compliance with ASX Listing Rules and that all responses have been authorized by its board.

BOC Holdings’ Voting Power in Native Mineral Resources Diminishes
Apr 10, 2025

BOC Holdings Pty Ltd has experienced a change in its substantial holding in Native Mineral Resources Holdings Ltd., with its voting power decreasing from 25.52% to 18.16% due to a dilution resulting from a share placement by the company. This change in voting power could impact BOC Holdings’ influence over company decisions, potentially affecting its strategic direction and stakeholder interests.

Native Mineral Resources Confirms High-Grade Gold at Blackjack Project
Apr 9, 2025

Native Mineral Resources Holdings Ltd. has announced promising assay results from its Blackjack Gold Project in Queensland, confirming shallow, high-grade gold mineralisation. The results from recent diamond drilling highlight the potential for deeper resources and support the company’s efforts to validate historical data to JORC 2012 standards. As NMR advances its drilling and refurbishment of the Blackjack Processing Plant, it aims to restart production by Q3 2025, potentially enhancing its industry position and offering positive implications for stakeholders.

Native Mineral Resources Announces Change in Substantial Shareholder Interests
Apr 7, 2025

Native Mineral Resources Holdings Ltd. has announced a change in the interests of a substantial holder, W and E Maas Holdings Pty Ltd, which now holds a 13.71% voting power in the company with 113,333,330 fully paid ordinary shares. This change in shareholding could impact the company’s governance and decision-making processes, potentially affecting its strategic direction and stakeholder interests.

Native Mineral Resources Advances with New Share Issue and Drilling Programs
Apr 7, 2025

Native Mineral Resources Holdings Ltd has issued 56,666,650 new shares at $0.04 each, raising $2.26 million as part of the second tranche of the Maas Placement, with all shares ranking equally with existing ones. The company is advancing its exploration efforts at the Blackjack deposit, with a diamond drilling program underway and preparations for a reverse circulation drilling program, indicating progress towards restarting gold production in Q3 2025.

Native Mineral Resources Announces Quotation of New Securities on ASX
Apr 7, 2025

Native Mineral Resources Holdings Ltd. has announced the quotation of 56,666,650 fully paid ordinary securities on the Australian Securities Exchange (ASX) as of April 7, 2025. This move is part of a previously announced transaction, potentially enhancing the company’s capital structure and market presence, which could have implications for its operational capabilities and stakeholder interests.

Native Mineral Resources Secures Key Investment for Gold Production Restart
Apr 6, 2025

Native Mineral Resources Holdings Ltd. has received a second $2.26 million installment from Wes Maas, CEO of Maas Group Holdings, as part of a $6.8 million investment under a shortfall placement. This funding is part of a broader $15.9 million raised to restart gold production in North Queensland, with first production expected in Q3 2025. The investment strengthens NMR’s position in the industry and supports ongoing development and refurbishment efforts, with resource definition drilling set to commence at the Blackjack Project.

Native Mineral Resources Announces Extraordinary General Meeting
Mar 31, 2025

Native Mineral Resources Holdings Limited has announced an extraordinary general meeting scheduled for April 29, 2025, where shareholders will vote on key matters. The company is encouraging shareholders to submit proxy votes in advance and has provided electronic access to the meeting notice, emphasizing the importance of shareholder participation in the decision-making process.

Native Mineral Resources to Begin Drilling at Blackjack Gold Project
Mar 30, 2025

Native Mineral Resources Holdings Ltd. is set to commence a significant resource definition drilling program at its Blackjack Gold Project in Queensland, aiming to restart gold production by Q3 2025. The drilling will involve up to 46 reverse circulation holes to delineate mineralisation and aid in mine design, with results expected by late April. This initiative is part of NMR’s broader strategy to capitalize on high gold prices and enhance its understanding of the Blackjack South area, potentially unlocking value from its advanced gold assets.

W and E Maas Holdings Becomes Substantial Holder in Native Mineral Resources
Mar 25, 2025

Native Mineral Resources Holdings Ltd. has announced that W and E Maas Holdings Pty Ltd has become a substantial holder in the company as of March 19, 2025. W and E Maas Holdings Pty Ltd acquired 56,666,650 fully paid ordinary shares, representing a 7.36% voting power in the company, at a consideration of $0.04 per share. This acquisition signifies a significant increase in W and E Maas Holdings’ stake in Native Mineral Resources Holdings Ltd., potentially impacting the company’s shareholder dynamics and market perception.

Native Mineral Resources Advances Towards Gold Production Restart
Mar 23, 2025

Native Mineral Resources Holdings Limited is making significant progress towards restarting gold production at its Charters Towers assets, with the first gold pour expected in Q3 2025. The company is advancing refurbishment and upgrades at the Blackjack processing plant, securing environmental approvals, and completing key operational planning activities. These efforts demonstrate strong compliance and governance, positioning the company well for its upcoming production phase.

Native Mineral Resources Secures $2.26 Million in New Share Issuance
Mar 18, 2025

Native Mineral Resources Holdings Ltd. announced the issuance of 56,666,650 new ordinary shares at $0.04 each, raising $2.26 million as part of the first tranche of a $6.8 million investment by Wes Maas, CEO of Maas Group Holdings. This capital injection supports the company’s ongoing drilling program at the Blackjack deposit, although the results are not yet complete or available for investor assessment. The new shares rank equally with existing shares, and the company remains compliant with its reporting obligations.

Native Mineral Resources Announces Quotation of New Securities on ASX
Mar 18, 2025

Native Mineral Resources Holdings Ltd. announced the application for quotation of 56,666,650 ordinary fully paid securities on the ASX, effective March 19, 2025. This move is part of previously announced transactions and is expected to enhance the company’s financial position and market presence, potentially benefiting stakeholders by increasing liquidity and investment opportunities.

Native Mineral Resources Secures Investment for Queensland Gold Production Restart
Mar 17, 2025

Native Mineral Resources Holdings Ltd. has received a $2.26 million instalment from Australian entrepreneur Wes Maas, part of a $6.8 million investment under a shortfall placement. This funding is part of a larger $15.9 million raised to restart gold production in Queensland, with first production expected in Q3 2025. The investment will support the development of the company’s gold assets, including the refurbishment of the Blackjack Processing Plant and the advancement of the Far Fanning and Blackjack deposits. The initial results from the Blackjack drill program are promising, indicating high-grade shallow mineralization, and the company is focused on delivering long-term value for its shareholders.

Native Mineral Resources Releases Half-Year Financial Report
Mar 14, 2025

Native Mineral Resources Holdings Ltd. released its financial report for the half-year ended December 31, 2024. The report includes key financial statements such as the consolidated statement of financial position, profit or loss, and cash flows. This release provides stakeholders with insights into the company’s financial health and operational performance over the period.

Native Mineral Resources Advances Blackjack Gold Project with Positive Drilling Results
Mar 12, 2025

Native Mineral Resources Holdings Ltd. has announced further positive assay results from its ongoing drilling program at the Blackjack Gold Project in Queensland. The results confirm shallow gold mineralisation, supporting plans to restart gold production by Q3 CY2025. The drilling program aims to validate historical data to JORC 2012 standards, with the project located close to the Blackjack processing plant. The company is on track with refurbishment efforts, enhancing confidence in achieving its production and growth strategy.

Native Mineral Resources Confirms High-Grade Gold at Blackjack Project
Mar 10, 2025

Native Mineral Resources Holdings Ltd. announced successful initial drilling results at its Blackjack Gold Project in Queensland, confirming shallow, high-grade gold mineralization. The drilling program aims to validate historic data and is part of the company’s strategy to restart gold production at Charters Towers by Q3 2025. The results suggest potential for increased mining beyond initial plans, supported by a stronger gold price environment. The company is refurbishing its Blackjack gold processing plant and remains on track to achieve gold production, which could enhance its market positioning and stakeholder value.

Native Mineral Resources Raises Capital for Ongoing Projects
Feb 24, 2025

Native Mineral Resources Holdings Ltd. has raised over $5 million through the issuance of new shares as part of a shortfall placement, with additional investment expected from Wes Maas. This financial move supports their ongoing projects, including a significant drilling program, though specific results are pending and not yet disclosed to investors.

Native Mineral Resources Expands Capital Base with New Securities Issuance
Feb 24, 2025

Native Mineral Resources Holdings Ltd has announced the issuance and quotation of 125,162,908 new ordinary fully paid securities on the ASX, effective February 24, 2025. This move is part of a transaction previously announced and aligns with the company’s strategic objectives to strengthen its market position and enhance shareholder value by expanding its capital base.

Native Mineral Resources Advances Towards Gold Production at Charters Towers
Feb 17, 2025

Native Mineral Resources Holdings Ltd. has made significant progress in its efforts to restart gold production at its Charters Towers assets in Queensland, with the first gold pour expected in Q3 2025. The company has nearly completed site establishment and is advancing major plant refurbishments, including electrical upgrades and tailings storage facilities. With $15.9 million raised to support these initiatives, NMR aims to achieve major milestones like plant commissioning and drilling at Blackjack, while demonstrating resilience despite recent extreme weather conditions.

Native Mineral Resources Secures $15.9M for Queensland Gold Production Restart
Feb 12, 2025

Native Mineral Resources Holdings Ltd. has successfully raised $15.9 million through a Shortfall Placement as part of its Entitlement Offer to fund the restart of gold production in Queensland. The funds will be used to develop the Far Fanning and Blackjack gold deposits and refurbish the Blackjack Processing Plant, with first gold production targeted for the third quarter of 2025. The placement received strong backing, including a significant investment from entrepreneur Wes Maas, reflecting confidence in the company’s assets and management team.

Native Mineral Resources Updates Plans for Blackjack Gold Project
Feb 7, 2025

Native Mineral Resources Holdings Limited has retracted certain statements from a previous announcement regarding its Blackjack Gold Project, opting to provide updated information in compliance with regulatory standards. The company is preparing an 18-hole diamond drilling program to assess mineralisation at the Blackjack Gold Project and aims to restart gold production in the third quarter of 2025, backed by a significant investment of $14.9 million. This strategic move is part of their growth strategy to unlock value from their advanced gold assets.

Native Mineral Resources to Commence Drilling at Blackjack Gold Project
Feb 5, 2025

Native Mineral Resources Holdings Limited is set to commence an 18-hole diamond drilling program at its Blackjack Gold Project in Queensland, following a review by MEC Mining indicating significant near-surface mineralisation. With a recent capital raise of $14.9 million, including significant investment from Maas Group Holdings, NMR is advancing its gold production plans, with expectations to restart in Q3 2025. The drilling aims to confirm the reliability of historical data to JORC 2012 standards, marking a strategic step in unlocking the economic potential of its gold assets.

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.