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Narryer Metals Limited (AU:NYM)
ASX:NYM
Australian Market
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Narryer Metals Limited (NYM) AI Stock Analysis

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AU:NYM

Narryer Metals Limited

(Sydney:NYM)

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Neutral 43 (OpenAI - 5.2)
Rating:43Neutral
Price Target:
AU$0.05
▼(-25.00% Downside)
Action:Reiterated
Date:07/22/26
The score is primarily weighed down by weak financial fundamentals (no revenue, recurring losses, and ongoing cash burn) and bearish technical conditions (price below key moving averages with negative MACD and very low RSI). The low-debt balance sheet provides some risk mitigation, but it is not enough to offset the lack of operating scale and negative cash generation.
Positive Factors
Low leverage / balance sheet flexibility
Zero reported total debt materially reduces solvency risk and gives management structural flexibility to fund exploration, secure joint ventures, or negotiate staged financing without interest burdens. For a cash-burning explorer, low leverage lengthens runway and lowers the risk of forced distress financing over months.
Negative Factors
No operating revenue
The absence of revenue across multiple years means the company cannot self-fund operations or demonstrate commercialized output. This enduring lack of operating scale forces reliance on external capital, increases milestone risk, and creates uncertainty about the timeline to sustainable cash generation.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage / balance sheet flexibility
Zero reported total debt materially reduces solvency risk and gives management structural flexibility to fund exploration, secure joint ventures, or negotiate staged financing without interest burdens. For a cash-burning explorer, low leverage lengthens runway and lowers the risk of forced distress financing over months.
Read all positive factors

Narryer Metals Limited (NYM) vs. iShares MSCI Australia ETF (EWA)

Narryer Metals Limited Business Overview & Revenue Model

Company Description
Narryer Metals Limited, an Australian mineral exploration firm established in 2021, has its headquarters in West Perth. The company is dedicated to identifying and developing deposits of valuable minerals, specifically targeting nickel, copper, pl...
How the Company Makes Money
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Narryer Metals Limited Financial Statement Overview

Summary
Financial performance is weak overall: the income statement shows no revenue across 2021–2025 and persistent losses (despite FY2025 net loss improving versus FY2024). Cash flow remains a key drag with ongoing negative operating cash flow and negative free cash flow, indicating continued cash burn. The main offsetting positive is a low-debt balance sheet (zero total debt recently), which lowers solvency risk but does not resolve the lack of operating scale and profitability.
Income Statement
9
Very Negative
Balance Sheet
52
Neutral
Cash Flow
20
Very Negative
BreakdownTTMJun 2025Jun 2024Jun 2023Jun 2022Jun 2021
Income Statement
Total Revenue-4.16K0.000.000.000.000.00
Gross Profit-4.16K0.000.000.000.000.00
EBITDA-1.23M-1.34M-2.32M-247.84K-3.03M-3.66K
Net Income-1.31M-1.65M-3.81M-2.96M-3.03M-13.70K
Balance Sheet
Total Assets2.15M2.75M2.10M1.54M4.41M5.34M
Cash, Cash Equivalents and Short-Term Investments773.41K1.55M687.38K1.10M3.91M4.95M
Total Debt0.000.000.000.000.00107.40K
Total Liabilities266.52K156.90K337.90K238.99K176.38K14.17K
Stockholders Equity1.65M2.34M1.48M1.30M4.24M5.32M
Cash Flow
Free Cash Flow-1.28M-1.64M-2.68M-2.81M-1.23M0.00
Operating Cash Flow-1.28M-1.63M-2.50M-2.80M-1.23M0.00
Investing Cash Flow-181.30K-3.87K-182.73K-9.68K0.000.00
Financing Cash Flow454.17K2.50M2.27M0.005.14M0.00

Narryer Metals Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
61
Neutral
$10.43B7.12-0.05%2.87%2.86%-36.73%
46
Neutral
AU$11.93M-2.83-227.32%24.04%
45
Neutral
AU$21.62M-1.06-7.37%-34.88%
44
Neutral
AU$18.08M-10.80-5.53%-7.41%
44
Neutral
AU$8.58M-2.02-73.44%-5.93%
43
Neutral
AU$11.20M-7.07-65.73%81.91%
42
Neutral
AU$15.82M-7.22-51.58%56.45%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:NYM
Narryer Metals Limited
0.05
0.01
32.50%
AU:VR8
Vanadium Resources Ltd.
0.03
-0.01
-32.50%
AU:REE
RareX Limited
0.01
>-0.01
-31.58%
AU:GT1
Green Technology Metals Limited
0.02
-0.02
-53.85%
AU:HRE
Heavy Rare Earths Limited
0.05
-0.01
-19.64%
AU:CMG
Critical Minerals Group Ltd.
0.07
-0.10
-58.79%

Narryer Metals Limited Corporate Events

Narryer Metals Secures Maiden Titanium Resource at Muckanippie and Advances Critical Minerals Portfolio
Jul 28, 2026
Narryer Metals has reported a maiden Inferred mineral resource at the Rosewood West area of its Muckanippie titanium project in South Australia, outlining 169 Mt at 7.1% heavy mineral with a high proportion of valuable components such as leucoxene...
Narryer Metals Raises $125,000 in Director Placement, Flags Ongoing Project Review
Jun 5, 2026
Narryer Metals Limited has issued 4,166,666 fully paid ordinary shares at $0.03 each to raise $125,000 in a second tranche placement to directors, following shareholder approval at a recent general meeting. The company confirmed the placement was ...
Narryer Metals Seeks ASX Quotation for 4.17 Million New Shares
Jun 5, 2026
Narryer Metals Limited has applied for quotation on the ASX of 4,166,666 new ordinary fully paid shares under the code NYM. The new securities, issued on June 5, 2026, form part of previously announced transactions and will increase the company&#8...
Narryer Metals Wins Unanimous Support for Placement and Insider Share Issues
Jun 3, 2026
Narryer Metals Limited secured strong shareholder backing at its 3 June 2026 general meeting, with all resolutions passed by poll. Investors unanimously ratified the prior issue of Tranche 1 placement shares under two ASX listing rules, consolidat...
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.Date of analysis: Jul 22, 2026