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Neometals Ltd (NMT) AI Stock Analysis
Neometals Ltd
(ASX:NMT)
The overall score of 43 is heavily weighed down by formidable fundamental risks tied to Neometals' pre-revenue status and continuous operational cash drain. While medium-term technicals show mild stabilization and the company's debt burden is low, the aggressive equity depletion, negative earnings, and absence of yield make this a highly speculative investment.
Neometals Ltd (NMT) vs. iShares MSCI Australia ETF (EWA)
- Market Cap
- AUD 6.13M
- Dividend Yield
- ―
- Average Volume (3M)
- 994.13K
- Price to Earnings (P/E)
- -3.0
- Beta (1Y)
- 2.22
- Revenue Growth
- ―
- EPS Growth
- 76.51%
- Country
- Australia
- Employees
- 6
- Sector
- Industrials
- Sector Strength
- 63
- Industry
- Steel
Neometals Ltd Business Overview & Revenue Model
Company Description
Neometals Ltd, an Australian entity headquartered in West Perth, was founded in 2001 and is primarily engaged in mineral exploration across Australia. The company's operations are structured into three distinct segments: Lithium, Titanium/Vanadium, a...
Neometals Ltd Financial Statement Overview
Summary
Financials reflect a highly speculative, pre-revenue profile with persistent negative cash flows and aggressive capital erosion over the last five years, though total debt remains manageable.
Income Statement
15Very NegativeBalance Sheet
30NegativeCash Flow
15Very Negative| Breakdown | TTM | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0 | 0 | 0 | 0 | 0 | 0 |
| Gross Profit | -362.26K | -362.26K | -446.28K | -491.00K | -420.12K | -457.00K |
| EBITDA | -10.68M | -11.48M | -12.32M | -28.83M | -24.83M | -14.51M |
| Net Income | -7.65M | -7.65M | -31.02M | -69.11M | -34.80M | 4.36M |
Balance Sheet | ||||||
| Total Assets | 22.06M | 22.06M | 24.29M | 42.13M | 114.27M | 146.98M |
| Cash, Cash Equivalents and Short-Term Investments | 3.54M | 3.54M | 4.44M | 9.65M | 25.20M | 62.39M |
| Total Debt | 4.24M | 4.24M | 4.50M | 4.11M | 937.67K | 371.76K |
| Total Liabilities | 6.30M | 6.30M | 6.10M | 5.66M | 20.75M | 20.39M |
| Stockholders Equity | 16.38M | 16.38M | 18.64M | 36.48M | 93.52M | 126.60M |
Cash Flow | ||||||
| Free Cash Flow | -7.90M | -7.90M | -12.88M | -13.09M | -25.80M | -30.21M |
| Operating Cash Flow | -7.88M | -7.88M | -11.51M | -13.06M | -19.37M | -24.87M |
| Investing Cash Flow | 3.41M | 3.41M | -6.39M | -12.63M | -15.98M | -12.65M |
| Financing Cash Flow | 3.69M | 3.69M | 12.90M | 10.36M | -366.23K | 3.61M |
Neometals Ltd Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:NMT, the sentiment is Negative. The current price of 0.03 is below the 20-day moving average (MA) of 0.03, below the 50-day MA of 0.03, and below the 200-day MA of 0.04, indicating a bearish trend. The MACD of -0.00 indicates Positive momentum. The RSI at 44.99 is Neutral, neither overbought nor oversold. The STOCH value of 13.33 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:NMT.
Neometals Ltd Peers Comparison
Overall Rating
AU:LIT46Neutral- AU:NMT43Neutral
AU:LEL42Neutral
AU:LPM39Underperform
AU:PL938Underperform
AU:PL337Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| Sector * | 63Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% |
| AU:LIT | 46Neutral | AUD 13.71M | -3.00 | -42.15% | ― | -11.28% | 41.18% |
| AU:NMT | 43Neutral | AUD 23.65M | -2.97 | -43.52% | ― | ― | 76.51% |
| AU:LEL | 42Neutral | AUD 31.36M | -3.27 | -12.51% | ― | ― | -59.40% |
| AU:LPM | 39Underperform | AUD 17.01M | -44.00 | -1.58% | ― | ― | 84.18% |
| AU:PL9 | 38Underperform | AUD 28.90M | 12.50 | -0.46% | ― | ― | ― |
| AU:PL3 | 37Underperform | AUD 30.81M | -6.39 | -19.15% | ― | ― | -11.36% |
* Industrials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| AU:NMT | Neometals Ltd. | 0.03 | -0.03 | -55.00% | |
| AU:LIT | Lithium Australia NL | 0.01 | -0.00 | -9.09% | |
| AU:LEL | Lithium Energy Ltd. | 0.28 | -0.09 | -24.32% | |
| AU:PL9 | Arizona Lithium Limited | ― | ― | ― | |
| AU:LPM | Lithium Plus Minerals Ltd. | 0.11 | -0.02 | -15.38% | |
| AU:PL3 | Patagonia Lithium Limited | 0.09 | 0.05 | 108.89% |
Neometals Ltd Corporate Events
Neometals Resolves High Court Litigation Without Impacting Guidance
Neometals Ltd has secured a favourable outcome in long-running litigation after the High Court of Australia refused a special leave application by Mr Reiche, awarding costs to the company and effectively upholding earlier Federal Court decisions. Man...
Neometals Advances Critical Minerals Projects and Sustainable Processing Technologies
Neometals has outlined progress across its portfolio, highlighting near-term development potential at the Barrambie Gold & Copper Project via an updated resource, scoping study and a profit-sharing mining services agreement, as well as promising...
Neometals Sets 2026 AGM Date and Deadline for Director Nominations
Neometals Ltd has scheduled its Annual General Meeting for 11:00 a.m. AWST on 27 November 2026 at The Celtic Club in West Perth, confirming the session will be held in person with further participation details to follow in the formal meeting notice a...
Neometals Starts Diamond Drilling to Extend Ironclad Gold and Test Rinaldi Copper Target
Neometals Ltd has commenced diamond drilling at its Barrambie Gold and Copper Project to extend the Ironclad gold deposit and test the T2 copper target at the Rinaldi prospect. The program includes diamond tails at Ironclad and Rinaldi plus a new hol...
Neometals Shoring Up Working Capital Amid Delayed Placement Funds
Neometals Ltd has drawn down A$2.0 million under a standby loan facility provided by Coal Holdings Pty Ltd, secured over its shareholding in Avanti Exploration Pty Ltd. The funds will bolster working capital for near-term activities, leaving the comp...
Neometals secures A$2m standby loan backed by Avanti stake
Neometals Ltd has executed definitive documentation for a standby loan facility of up to A$2 million with Coal Holdings Pty Ltd, secured by a first-ranking charge over its shareholding in Avanti Exploration. The facility, bearing 10% annual interest...
Neometals Secures ASX Waiver for Related-Party Loan Backed by Barrambie Security
Neometals Ltd has secured an ASX waiver from Listing Rule 10.1 to allow it and its subsidiary Avanti Exploration Pty Ltd to grant security over the Barrambie Project in favour of related party Coal Holdings Pty Ltd, backing a A$2 million loan facilit...
Neometals Reports Strong Ironclad Gold Assays as Barrambie Steps Toward Development
Neometals Ltd is an Australian resources company focused on exploration and development, with a 100% ownership of the Barrambie Gold Project in Western Australia. The company is advancing gold and copper prospects, including the Ironclad gold deposit...
Neometals Rinaldi Copper Assays Show No Significant Results, Further Drilling Planned
Neometals has reported that accelerated assays from a 45-metre interval at the bottom of reverse circulation drill hole 26RCRC006 at the Rinaldi T2 target returned no significant mineralisation, despite visual identification of pyrite, quartz veining...
Neometals Shares Halted Pending Assay Results on ASX
Neometals Ltd has requested and been granted a trading halt in its shares on the ASX from the open of trading on 24 August 2026. The halt follows discussions with the exchange and will remain in place until either the release of assay results or the...
Neometals Addresses ASX Query, Details Assay Timelines and Funding Uncertainty
Neometals Ltd has responded to an ASX price and volume query, stating it is not aware of any undisclosed information that could explain recent trading in its securities. The company highlighted that assay results from a recent copper and gold drillin...
Neometals Secures Standby Debt Facility After Tranche 2 Funding Delay
Neometals has yet to receive $5 million from Omaha Value Holdings Inc. for its Tranche 2 placement, nor the $2.5 million owed under a personal guarantee from Michael S. Luther, leaving the timing of these funds uncertain and prompting the company to...
Neometals Confirms Deeper Copper Mineralisation at Barrambie’s Rinaldi Prospect
Neometals Ltd has reported initial assay results from reverse circulation drilling at the Rinaldi copper prospect within its Barrambie Gold Project in Western Australia. The latest program comprised four RC holes totaling 388 metres, aimed at testing...
Neometals updates market on director Steven Cole’s increased equity stake
Neometals has reported a change in non-executive director Steven Cole’s indirect interest following the grant and vesting of performance rights through his associated entity Gidleigh Pty Ltd. Cole received 2,469,588 new 2027 performance rights...
Neometals Seeks ASX Quotation for New Share Issue
Neometals Ltd has applied to the ASX for quotation of 436,777 new ordinary fully paid shares, issued on 11 August 2026 under its ticker NMT. The additional securities arise from the exercise or conversion of existing options or other convertible inst...
Neometals Issues 12.5 Million Unquoted Performance Rights Under Incentive Plan
Neometals Ltd has issued 12,469,588 unquoted performance rights under its employee incentive scheme, with the new securities carrying restrictions on transfer and not being quoted on the ASX until those restrictions lapse. The move signals the compan...
Neometals calls guarantee after $5m placement payment delayed
Neometals has updated investors on the settlement of Tranche 2 of a share placement, revealing that Omaha Value Holdings Inc. failed to pay the agreed $5 million by the extended deadline. In response, the company has called a personal guarantee provi...
Neometals Defers Issue Date for Tranche 2 Placement
Neometals Ltd has updated its proposed securities placement, advising that the issue date for the primary subscriber in Tranche 2 has been deferred. The change aligns the issuance timetable with an extension of the due date for payment of Tranche 2 s...
Neometals Cuts Executive Pay and Shifts Toward Performance-Based Equity
Neometals Ltd has implemented broad remuneration reductions for directors, senior management and staff as part of a capital discipline drive aimed at cutting cash personnel costs by about 25% year-on-year from 1 August 2026. The measures are designed...
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.
Date of analysis: Sep 26, 2026