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Company price
None AUD 0.00(0%)
Last update at 2026-11-06T06:45:07.397655Z
Market Cap
555.84M

Momentum Score

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Magnetic Resources NL engages in the exploration of mineral tenements in Western Australia. It primarily explores for gold, nickel, copper, platinum group element, and iron deposits. The company's Flagship project holds 100% interests in the Lady Julie Gold Project located in Laverton, Western Australia. Magnetic Resources NL was incorporated in 2006 and is based in West Perth, Australia. As of June 10, 2026, Magnetic Resources NL operates as a subsidiary of Genesis Minerals Limited.

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52 Week Price Range
1.14
Low
2.10
High

Momentum Score

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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

Magnetic Resources NL is an ASX-listed Australian mineral exploration company focused on identifying and advancing mineral projects. Its long-term growth drivers include successful exploration results, commodity price cycles, and access to capital or farm-in partnerships that could support project development; investors may find exposure to exploration upside and leverage to commodity markets attractive.

Primary investment risks include the company's exploration-stage profile with inherent discovery and execution risk, reliance on external financing, and sensitivity to commodity price and permitting/regulatory outcomes.

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
-
Dividend Yield
-
Revenue TTM
0.01M
Revenue Per Share
-
Gross Profit TTM
0.01M
Debt / Equity
0.03
ROE
-48.83%
Net Debt
-7.92M
ROCE
-203.16%
Diluted EPS TTM
-0.04

Insight Announcement

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-06-30 2024-06-30 2023-06-30 2022-06-30 2021-06-30
Type yearly yearly yearly yearly yearly
Date 2025-06-30 2024-06-30 2023-06-30 2022-06-30 2021-06-30
Income before tax -14.22M -12.34M -7.14M -7.66M -8.63M
Net income -14.22M -12.34M -7.14M -7.66M -8.63M
Selling general administrative 3.33M 0.84M 0.67M 0.98M 2.84M
Selling and marketing expenses - 11.13M 5.55M - -
Gross profit -0.01M 0.50M 0.00M 0.00M 0.00M
Reconciled depreciation 0.01M 0.00M 0.03M 0.03M 0.04M
Ebit -14.22M -12.34M -7.14M -7.91M -9.18M
Ebitda -14.21M -12.34M -7.11M -7.88M -9.14M
Depreciation and amortization 0.01M 0.00M 0.03M 0.03M 0.04M
Operating income -14.42M -12.34M -7.14M -7.67M -8.64M
Other operating expenses 14.42M 11.98M 7.14M 7.91M 9.15M
Interest expense - - - 0.00M 0.00M
Tax provision 0.00M 0.00M 0.00M 0.00M 0.00M
Interest income 0.19M 0.00M 0.00M 0.00M 0.01M
Net interest income 0.19M 0.00M 0.00M 0.00M 0.01M
Income tax expense - -0.86M - -0.00M -0.01M
Total revenue 0.19M 0.50M 0.00M 0.00M 0.00M
Total operating expenses 14.41M 12.84M 7.14M 7.91M 9.19M
Cost of revenue 0.01M 0.00M 0.26M 0.22M -
Total other income expense net 0.20M -0.87M 0.00M 0.25M 0.55M
Net income from continuing ops -14.22M -12.34M -7.14M -7.66M -8.63M
Net income applicable to common shares -14.22M -12.34M -7.14M -7.66M -8.63M
Breakdown 2025-06-30 2024-06-30 2023-06-30 2022-06-30 2021-06-30
Type yearly yearly yearly yearly yearly
Date 2025-06-30 2024-06-30 2023-06-30 2022-06-30 2021-06-30
Total assets 8.38M 9.74M 4.49M 2.55M 7.46M
Other current assets 0.06M - 0.20M 0.25M 0.25M
Total liab 1.40M 0.89M 0.79M 0.37M 0.33M
Total stockholder equity 6.98M 8.85M 3.70M 2.18M 7.12M
Other current liab 0.33M 0.05M 0.25M 0.02M 0.02M
Common stock 78.94M 67.96M 51.39M 43.45M 40.23M
Capital stock 78.94M - 51.39M 43.45M 40.23M
Retained earnings -75.07M -63.19M -50.91M -43.84M -36.03M
Other assets - - - 0.22M 0.13M
Cash 7.92M 9.22M 4.10M 2.03M 6.99M
Cash and equivalents - - 0.02M 0.02M 0.02M
Total current liabilities 1.38M 0.89M 0.79M 0.37M 0.33M
Current deferred revenue - - -0.22M -0.22M -0.01M
Net debt -7.92M -8.96M -3.88M -2.03M -6.98M
Short term debt - 0.26M 0.22M 0.22M 0.01M
Short long term debt total - 0.26M 0.22M 0.22M 0.01M
Other stockholder equity - - -0.12M 2.51M 3.01M
Property plant equipment - - 0.02M 0.05M 0.08M
Total current assets 8.21M 9.58M 4.30M 2.28M 7.25M
Long term investments 0.13M - 0.17M 0.22M 0.13M
Net tangible assets - - 3.70M 2.18M 7.12M
Net receivables 0.23M 0.35M 0.18M 0.19M 0.19M
Inventory - - -0.18M -0.19M 0.00M
Accounts payable 1.05M 0.58M 0.54M 0.35M 0.31M
Accumulated other comprehensive income 3.11M 4.08M 3.22M 2.57M 2.92M
Non currrent assets other - - - -0.00M -0.21M
Non current assets total 0.17M 0.16M 0.19M 0.27M 0.21M
Capital lease obligations - - 0.22M - -
Long term debt total - - 0.00M 0.00M 0.00M
Breakdown 2025-06-30 2024-06-30 2023-06-30 2022-06-30 2021-06-30
Type yearly yearly yearly yearly yearly
Date 2025-06-30 2024-06-30 2023-06-30 2022-06-30 2021-06-30
Investments -0.21M -8.83M -4.55M -6.46M -5.11M
Change to liabilities - - 0.19M 0.04M 0.01M
Total cashflows from investing activities -0.21M -8.83M -4.55M -6.46M -5.11M
Net borrowings - - -0.00M -0.00M -0.02M
Total cash from financing activities 10.98M 15.99M 7.95M 2.63M 9.27M
Change to operating activities - - 0.05M -0.00M -0.01M
Net income -14.22M -12.34M -7.14M -7.66M -8.63M
Change in cash -1.31M 5.12M 2.07M -4.96M 2.93M
Begin period cash flow 9.22M 4.10M 2.03M 6.99M 4.06M
End period cash flow 7.92M 9.22M 4.10M 2.03M 6.99M
Total cash from operating activities -12.08M -2.04M -1.33M -1.13M -1.23M
Issuance of capital stock 11.59M 16.82M 8.33M 2.68M 9.79M
Depreciation 0.01M 0.00M 0.03M 0.03M 0.04M
Other cashflows from investing activities 0.00M 0.50M 0.00M 0.01M 0.01M
Dividends paid - - -0.00M - -0.02M
Change to account receivables 0.11M -0.17M 0.01M 0.00M -0.06M
Sale purchase of stock -0.61M -0.83M -0.37M -0.06M -0.51M
Other cashflows from financing activities -0.61M -8.83M 0.00M -6.46M 0.02M
Change to netincome - - 5.53M 6.46M 7.41M
Capital expenditures 0.03M 9.33M 4.55M 6.47M 5.62M
Change in working capital 0.08M -0.09M 0.01M 0.00M -0.06M
Stock based compensation - 1.48M 0.75M 0.24M 2.33M
Other non cash items 2.05M 8.92M 5.78M 6.50M 7.36M
Free cash flow -12.10M -11.37M -5.88M -7.60M -6.84M

Peer Comparison*

Sector: Basic Materials Industry: Other Industrial Metals & Mining

Stock Name
Change
(AUD)
Price
(AUD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
BHP
BHP Group Ltd
-1.38
2.34%
57.62 20.70 15.82 5.10 4.00 3.51 6.71
RIO
Rio Tinto Ltd
-3.11
2.03%
149.93 14.04 12.02 4.03 2.49 2.85 6.74
GLC
Glencore Plc
-0.52
5.20%
9.48 15.15 11.30 0.38 1.95 0.40 7.60
FMG
Fortescue Ltd
-0.31
2.00%
15.18 11.31 13.61 2.81 1.51 1.87 4.32

Profile*

Magnetic Resources NL

Magnetic Resources NL engages in the exploration of mineral tenements in Western Australia. It primarily explores for gold, nickel, copper, platinum group element, and iron deposits. The company's Flagship project holds 100% interests in the Lady Julie Gold Project located in Laverton, Western Australia. Magnetic Resources NL was incorporated in 2006 and is based in West Perth, Australia. As of June 10, 2026, Magnetic Resources NL operates as a subsidiary of Genesis Minerals Limited.

44A Kings Park Road, West Perth, WA, Australia, 6005

61 8 9226 1777

Name Title Year Born
Mr. George Sakalidis B.Sc., BSc(Hons), MAusimm MD & Director 1957
Mr. Benjamin Patrick Donovan A.C.I.S., B.Com., B.Comm (Hons) CFO, Company Sec. & Independent Non-Exec. Director 1979
Mr. Benjamin Patrick Donovan A.C.I.S., B.Com., B.Comm (Hons) CFO, Company Secretary & Non-Executive Director 1979
Mr. Benjamin Patrick Donovan A.C.I.S., B.Com., B.Comm (Hons) CFO, Company Secretary & Non-Executive Director 1979
Mr. Benjamin Patrick Donovan A.C.I.S., B.Com., B.Comm (Hons) CFO, Company Secretary & Non-Executive Director 1979
Mr. Benjamin Patrick Donovan A.C.I.S., B.Com., B.Comm (Hons) CFO, Company Secretary & Non-Executive Director 1979
Mr. Benjamin Patrick Donovan A.C.I.S., B.Com., B.Comm (Hons) CFO, Company Secretary & Non-Executive Director 1979
Mr. Benjamin Patrick Donovan A.C.I.S., B.Com., B.Comm (Hons) CFO, Company Secretary & Non-Executive Director 1979
Mr. Benjamin Patrick Donovan A.C.I.S., B.Com., B.Comm (Hons) CFO, Company Secretary & Non-Executive Director 1979
Mr. Benjamin Patrick Donovan A.C.I.S., B.Com., B.Comm (Hons) CFO, Company Secretary & Non-Executive Director 1979

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.

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