Explore 3 Stock Ideas & Industry Insights Download Free Report

Iris Metals Ltd

Company price
None AUD 0.00(0%)
Last update at 2026-11-06T06:45:02.906612Z
Market Cap
13.84M

Momentum Score

…

IRIS Metals Limited engages in the exploration and evaluation of mining and exploration tenements in the United States and Australia. The company explores for lithium, diamond, pegmatite, rubidium, and spodumene deposits. Its flagship project is the Beecher Lithium-Rubidium project located in the Black Hills of South Dakota, the United States. The company was incorporated in 2020 and is based in South Yarra, Australia.

Source: TradingView
The charts and visual representations are sourced from TradingView through embedded widgets. For any issues with chart display, please visit the TradingView website

52 Week Price Range
0.05
Low
0.31
High

Momentum Score

…
Loading momentum score…

A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

Iris Metals Ltd is an Australian-listed minerals exploration and development company; public disclosures about its assets and operations are limited and available information does not provide a detailed project portfolio. Long-term growth drivers may include successful exploration results, resource delineation, project advancement and favorable commodity prices, which could support value creation; investors may find exposure to early-stage mineral upside appealing if the company advances projects and secures funding.

The primary investment risks are execution and financing risk typical of early-stage explorers, including uncertain resource outcomes, capital dilution, commodity price volatility and permitting or regulatory delays.

Risk Score
High

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
0.08
Dividend Yield
-
Revenue TTM
0.02M
Revenue Per Share
-
Gross Profit TTM
0.02M
Debt / Equity
0.01
ROE
-58.30%
Net Debt
-4.59M
ROCE
-25.24%
Diluted EPS TTM
-0.10

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2026-03-31 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Type yearly yearly yearly yearly yearly
Date 2026-03-31 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Income before tax -22.28M -5.62M -17.32M -12.13M -3.24M
Net income -22.28M -5.62M -17.32M -12.13M -3.24M
Selling general administrative 6.96M 4.38M 15.53M 11.23M 1.14M
Selling and marketing expenses - 0.13M 0.05M 0.03M 0.03M
Gross profit -0.11M -0.09M -0.05M - -
Reconciled depreciation 0.11M 0.09M 0.05M 0.01M 0.00M
Ebit -8.17M -4.60M -15.64M -12.13M -3.24M
Ebitda -8.06M -4.51M -15.58M -12.12M -3.23M
Depreciation and amortization 0.11M 0.09M 0.05M 0.01M 0.00M
Operating income -8.17M -4.51M -15.58M -12.13M -3.24M
Other operating expenses 8.17M 4.60M 15.58M 12.13M 3.24M
Interest expense 0.00M - 0.02M - 0.00M
Tax provision 0.00M 0.00M 0.00M 0.00M 0.00M
Interest income 0.02M 0.06M 0.14M - -
Net interest income 0.02M 0.06M 0.12M - -
Income tax expense - - 0.00M - -
Total revenue - 0.00M 0.00M 0.00M 0.00M
Total operating expenses 8.06M 4.51M 15.58M 12.13M 3.24M
Cost of revenue 0.11M 0.09M 0.05M - -
Total other income expense net -14.12M -1.01M -1.74M - -
Net income from continuing ops -22.28M -5.62M -17.32M -12.13M -3.24M
Net income applicable to common shares - -5.62M -17.32M -12.13M -3.24M
Breakdown 2026-03-31 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Type yearly yearly yearly yearly yearly
Date 2026-03-31 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Total assets 32.77M 44.45M 41.43M 12.74M 4.41M
Intangible assets 0.01M 0.02M - 0.03M 0.00M
Other current assets 0.01M 0.01M 1.14M 0.09M 0.14M
Total liab 0.41M 0.36M 1.50M 0.83M 0.20M
Total stockholder equity 32.36M 44.09M 39.93M 11.92M 4.21M
Other current liab 0.09M - 0.20M 0.50M 0.10M
Common stock 67.53M - 50.17M 15.84M 8.56M
Capital stock 67.53M 61.72M - 15.84M 8.56M
Retained earnings -45.67M -34.75M -31.70M -14.38M -5.04M
Other assets - - 0.00M 0.04M 0.00M
Cash 4.59M 4.17M 9.79M 0.68M 4.19M
Cash and equivalents - - - 0.68M 4.19M
Total current liabilities 0.41M 0.36M 1.50M 0.83M 0.20M
Current deferred revenue - - - 0.25M -
Net debt -4.59M - -9.79M -0.60M -4.19M
Short term debt - - - 0.07M 0.00M
Short long term debt - - - 0.07M -
Short long term debt total - - - 0.07M -
Other stockholder equity - - - - 0.68M
Property plant equipment - - - 11.88M 0.05M
Total current assets 4.73M 5.51M 10.98M 0.79M 4.36M
Long term investments 0.38M - - - -
Net tangible assets - - - - 4.21M
Net receivables 0.13M - 0.04M 0.02M 0.03M
Accounts payable 0.32M 0.27M 1.29M 0.26M 0.10M
Accumulated other comprehensive income 10.50M - 21.46M 10.46M 0.68M
Non currrent assets other 27.33M 0.22M 30.12M 0.04M -
Non current assets total 28.04M 38.94M 30.45M 11.95M 0.05M
Long term debt total - - - 0.00M 0.00M
Breakdown 2026-03-31 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Type yearly yearly yearly yearly yearly
Date 2026-03-31 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Investments - -9.56M -8.91M -5.19M -0.05M
Change to liabilities - - - - 0.01M
Total cashflows from investing activities -5.21M -9.56M -8.91M -5.19M -0.05M
Net borrowings - - -0.08M - -
Total cash from financing activities 9.41M 7.15M 22.38M 3.45M 6.38M
Change to operating activities - - - - -0.23M
Net income -22.28M -5.62M -17.32M -12.13M -3.24M
Change in cash 0.42M -5.62M 9.12M -3.51M 3.69M
Begin period cash flow 4.17M 9.79M 0.68M 4.19M 0.50M
End period cash flow 4.59M 4.17M 9.79M 0.68M 4.19M
Total cash from operating activities -3.70M -3.17M -4.36M -1.78M -2.63M
Issuance of capital stock 10.14M 7.63M 23.26M 3.51M 7.00M
Depreciation 0.11M - 0.05M - 0.00M
Other cashflows from investing activities 0.34M -9.19M 0.12M - -
Change to account receivables -0.02M -0.07M -0.01M - -0.04M
Sale purchase of stock -0.73M -0.49M -0.80M -0.13M -0.62M
Other cashflows from financing activities - -0.49M 22.46M 0.07M -0.05M
Change to netincome - - - - 0.85M
Capital expenditures 0.09M 9.56M 9.03M 5.19M 0.05M
Change in working capital 0.01M -0.73M 0.49M -1.78M -2.63M
Stock based compensation - - 11.05M - -
Other non cash items 18.46M -2.44M 1.37M - -
Free cash flow -3.79M -12.73M -13.39M -5.19M -0.05M

Peer Comparison*

Sector: Basic Materials Industry: Gold

Stock Name
Change
(AUD)
Price
(AUD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to EBITDA (x)
NEM
Newmont Corporation
-2.82
1.62%
171.57 12.09 10.42 6.66 3.15 6.49
NST
Northern Star Resources Ltd
-0.29
1.12%
25.65 22.36 18.80 4.85 2.15 8.33
EVN
Evolution Mining Ltd
-0.35
2.64%
12.91 18.16 13.61 4.88 4.07 7.74
DPM
Dpm Metals Inc.
-0.65
1.19%
54.07 12.00 9.34 9.29 2.70 8.45

Profile*

Iris Metals Ltd

IRIS Metals Limited engages in the exploration and evaluation of mining and exploration tenements in the United States and Australia. The company explores for lithium, diamond, pegmatite, rubidium, and spodumene deposits. Its flagship project is the Beecher Lithium-Rubidium project located in the Black Hills of South Dakota, the United States. The company was incorporated in 2020 and is based in South Yarra, Australia.

9-11 Claremont Street, South Yarra, VIC, Australia, 3143

61 2 8072 1400

Name Title Year Born
Mr. Christopher Alan David Connell AIG, BSc (Hons) Head of Group Exploration, Technical Director & Exec. Director NA
Mr. Peter Ashley Marks B.Ec., Grad. Dip., LL.B., MBA Exec. Director 1956
Mr. Tal Paneth Exec. Director NA
Mr. Luke Manos Chief Financial Officer NA
Mr. David James Franks B.Ec, BEc, C.A., CA, F Fin, J.P., JP. Company Sec. & Fin. Mang. 1970
Mr. Damien John Henderson FCPA Chief Financial Officer NA
Mr. Christopher Alan David Connell AIG, BSc (Hons) Head of Group Exploration, Technical Director & Executive Director NA
Mr. Damien John Henderson FCPA Chief Financial Officer NA
Mr. Christopher Alan David Connell AIG, BSc (Hons) Head of Group Exploration, Technical Director & Executive Director NA
Mr. Damien John Henderson FCPA Chief Financial Officer NA

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

Support

Hi! How can we help you today?

Loading…