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Native Mineral Resources Holdings Ltd.
(Sydney:NMR)
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Rating:41Neutral
Price Target:
AU$0.05
▼(-20.00% Downside)
Action:Reiterated
Date:04/24/26
Low score driven by weak financial performance with chronic losses and cash burn; technicals neutral but below trends, and negative valuation reinforce high risk for this pre-revenue materials firm.
Positive Factors
Shift to positive equity
Moving from negative to roughly $10M positive equity materially reduces immediate insolvency risk and provides a clearer runway for project development. That structural improvement enhances financing optionality and credibility with partners over the next several months.
Negative Factors
No recurring revenue
Zero recurring revenue means the business lacks operational cash generation and remains dependent on external financing. Over 2–6 months this structural absence of revenue keeps solvency tied to capital markets or partners rather than operating performance.
Read all positive and negative factors
Positive Factors
Negative Factors
Shift to positive equity
Moving from negative to roughly $10M positive equity materially reduces immediate insolvency risk and provides a clearer runway for project development. That structural improvement enhances financing optionality and credibility with partners over the next several months.
Read all positive factors
Native Mineral Resources Holdings Ltd. (NMR) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$75.82M
Dividend YieldN/A
Average Volume (3M)2.41M
Price to Earnings (P/E)―
Beta (1Y)>-0.01
Revenue GrowthN/A
EPS Growth-134.94%
CountryAU
Employees16
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)-0.04
Shares Outstanding1,131,712,800
10 Day Avg. Volume2,617,706
30 Day Avg. Volume2,411,034
Financial Highlights & Ratios
PEG Ratio-0.12
Price to Book (P/B)10.33
Price to Sales (P/S)0.00
P/FCF Ratio-5.46
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
5
Very Negative
Balance Sheet
15
Very Negative
Cash Flow
10
Very Negative
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 9.77M | 0.00 | 0.00 | 0.00 | 30.67K | 271.00 |
| Gross Profit | -12.23M | -86.89K | -38.23K | -44.47K | -116.31K | -7.31K |
| EBITDA | -30.18M | -14.84M | -3.67M | -3.68M | -4.56M | -3.66M |
| Net Income | -32.31M | -16.18M | -3.74M | -3.73M | -4.60M | -3.67M |
Balance Sheet | ||||||
| Total Assets | 43.37M | 37.92M | 159.62K | 565.97K | 723.97K | 2.14M |
| Cash, Cash Equivalents and Short-Term Investments | 11.25K | 13.47K | 10.46K | 306.84K | 449.96K | 2.05M |
| Total Debt | 17.52M | 16.57M | 1.13M | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 34.49M | 27.92M | 1.89M | 371.27K | 225.93K | 142.14K |
| Stockholders Equity | 8.88M | 10.00M | -1.73M | 194.70K | 498.04K | 2.00M |
Cash Flow | ||||||
| Free Cash Flow | -26.11M | -18.92M | -2.91M | -3.45M | -4.71M | -3.24M |
| Operating Cash Flow | -11.99M | -11.22M | -2.87M | -3.43M | -4.55M | -3.20M |
| Investing Cash Flow | -13.10M | -7.72M | -31.31K | -26.28K | 12.77K | -44.70K |
| Financing Cash Flow | 24.59M | 18.94M | 2.62M | 3.31M | 2.94M | 5.29M |
Native Mineral Resources Holdings Ltd. Technical Analysis
Negative
0.06
Price Trends
0.06
Negative
0.05
Positive
0.06
Negative
Market Momentum
<0.01
Positive
39.33
Neutral
35.98
Neutral
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 below the 20-day moving average (MA) of 0.07, below the 50-day MA of 0.06, and below the 200-day MA of 0.06, indicating a bearish trend. The MACD of <0.01 indicates Positive momentum. The RSI at 39.33 is Neutral, neither overbought nor oversold. The STOCH value of 35.98 is Neutral, 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% | |
57 Neutral | AU$59.55M | -19.09 | -10.33% | ― | 74.61% | 33.33% | |
49 Neutral | AU$74.41M | -2.95 | -41.37% | ― | -53.41% | 70.61% | |
48 Neutral | AU$50.24M | 1,525.00 | -1.33% | ― | ― | ― | |
42 Neutral | AU$40.38M | -1.57 | -240.94% | ― | ― | 9.73% | |
41 Neutral | AU$75.82M | -1.56 | -342.18% | ― | ― | -134.94% |
* Basic Materials Sector Average
AU:NMR
Native Mineral Resources Holdings Ltd.
0.06
-0.08
-56.43%
AU:PNN
PepinNini Minerals Limited
0.17
0.10
136.11%
AU:ZNC
Zenith Minerals Limited
0.09
-0.03
-25.60%
AU:BCA
Black Canyon Limited
0.31
-0.15
-32.97%
AU:AKN
AuKing Mining Ltd
0.02
<0.01
50.00%
Native Mineral Resources Holdings Ltd. Corporate Events
Native Mineral Resources Issues 33 Million New Shares Under Executive Incentive Plan
Jul 14, 2026
Native Mineral Resources Holdings Ltd has issued 33,000,000 new ordinary fully paid shares following the exercise of an equivalent number of options at $0.04 each under its Executive Incentive Plan. The new shares rank equally with the companyR...
Native Mineral Resources Seeks ASX Quotation for 33 Million New Shares
Jul 14, 2026
Native Mineral Resources Holdings Ltd. has applied for quotation of 33 million new ordinary fully paid shares on the Australian Securities Exchange. The issuance, dated July 15, 2026, will expand the company’s listed share capital, potential...
Native Mineral Resources posts record June gold output at Blackjack and shifts to weekly smelting
Jul 6, 2026
Native Mineral Resources has reported a record month of gold production in June 2026 at its Blackjack operation, achieving 763.8oz of fine gold, the highest output since the processing plant was recommissioned in July 2025. June also delivered a r...
Native Mineral Resources Secures $3.5m Convertible Funding from Lind
Jul 2, 2026
Native Mineral Resources Holdings Ltd has entered into a Convertible Securities Funding Agreement with Lind Global Fund III, securing an initial AUD$3.5 million drawdown via a six-month convertible note with a face value of AUD$4.2 million. The bo...
Native Mineral Resources Issues Single Unquoted Convertible Note
Jul 2, 2026
Native Mineral Resources Holdings Ltd. has notified the market of the issue of one unquoted convertible note security, designated under the ASX security code NMRAX. The note was issued on July 2, 2026, as part of an Appendix 3G filing, signaling a...
Native Mineral Resources secures A$3.5m convertible note to fund growth and debt management
Jul 2, 2026
Native Mineral Resources Holdings Ltd. has entered into a A$3.5 million convertible security funding agreement with existing investor Lind Global Fund III LP, providing a note with a face value of A$4.2 million and a 24-month maturity. The facilit...
Native Mineral Resources Advances Regulatory Milestones for Far Fanning and Blackjack Gold Projects
Jul 1, 2026
Native Mineral Resources has lodged a Progressive Rehabilitation and Closure Plan for its Far Fanning Gold Project with Queensland’s Environment Department, marking a key regulatory step toward establishing Far Fanning as the next producing ...
Native Mineral Resources Advances Queensland Gold Projects with Key Regulatory Filings
Jun 30, 2026
Native Mineral Resources has lodged a Progressive Rehabilitation and Closure Plan for its Far Fanning Gold Project with Queensland’s Environment Department, leveraging recent legislative changes that allow eligible mining activities to conti...
Native Mineral Resources posts strongest output since Blackjack restart
Jun 8, 2026
Native Mineral Resources reported its strongest metallurgical performance since restarting production at Blackjack in July 2025, highlighted by a 7 June smelt that produced four gold doré bars totaling 488.5 ounces with internal assays indica...
Native Mineral Resources hits record throughput as higher-grade feed set to boost Blackjack output
May 24, 2026
Native Mineral Resources reported its strongest monthly processing performance in April 2026 at the Blackjack Gold Operations, with 24,101 dry tonnes milled and a 20% month-on-month increase in reconciled gold recovered to about 276 ounces. The pl...
Native Mineral Resources Secures $3.5m Convertible Note Funding From Lind
May 7, 2026
Native Mineral Resources has issued a six-month convertible note with a face value of AUD$3.94 million to Lind Global Fund III, LLC, securing an immediate funding commitment of AUD$3.5 million. The proceeds will be used to support business operati...
Native Mineral Resources Issues Unquoted Convertible Security
May 7, 2026
Native Mineral Resources Holdings Ltd. has notified the market of the issue of a new class of unquoted convertible security, with one such security to be issued on May 7, 2026. The instrument forms part of previously outlined transactions and will...
Native Mineral Resources Plans Convertible Note Placement
May 6, 2026
Native Mineral Resources Holdings Ltd., an ASX-listed mineral exploration company, has outlined plans to raise capital via the issue of convertible notes. The proposed securities, listed under ASX code NMRAX, are part of the company’s broade...
Native Mineral Resources Secures A$3.5m Convertible Note Funding From Lind
May 6, 2026
Native Mineral Resources Holdings Ltd has entered into a second convertible security funding agreement with existing investor Lind Global Fund III LP, securing A$3.5 million in new funding. The company will issue a convertible security with a face...
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.