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MRG Metals Ltd, together with its subsidiaries, explores and develops mineral properties in Mozambique, South Africa, and Western Australia. It explores for heavy mineral sands, rare earths, uranium, and lithium deposits. The company holds interest in the Garies Rare Earth Project covering approximately 275 square kilometres in the Northern Cape Province of South Africa; Adriano-Fotinho Rare Earth Corridor covering contiguous 396.42 square kilometre located in Northern Mozambique; Titanium Dioxide Joint Venture located in Mozambique; Olinga Uranium and Rare Earth Project covers 16,535 hectares approximately 270 kilometres located in north-east of Beira, Mozambique. MRG Metals Ltd was incorporated in 2011 and is based in Ballarat, Australia.
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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.
MRG Metals Ltd is an Australia-listed mineral exploration company with limited publicly available detail on its project portfolio and development stage. Its long-term growth appears to depend on successful exploration results, access to capital, and favourable commodity prices, which could support resource delineation and project advancement. Investors may find exposure to potential ore discoveries and commodity upside attractive if the company can demonstrate scalable resources.
Principal risks include high exploration and development execution risk, absence of proven reserves or operating cash flow, financing and dilution risk, commodity price volatility, and regulatory or permitting challenges.
Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.
| Breakdown | 2026-06-30 | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2026-06-30 | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 |
| Income before tax | -0.77M | -0.73M | -0.85M | -0.85M | -0.70M |
| Net income | -0.80M | -0.94M | -0.85M | -0.85M | -0.69M |
| Selling general administrative | - | 0.35M | 0.48M | 0.75M | 0.69M |
| Selling and marketing expenses | - | 0.37M | 0.40M | - | - |
| Gross profit | - | 0.01M | 0.01M | -0.23M | -0.24M |
| Reconciled depreciation | - | - | - | - | 0.02M |
| Ebit | - | - | -0.86M | -0.87M | -0.71M |
| Ebitda | -0.78M | - | -0.75M | -0.87M | -0.69M |
| Depreciation and amortization | - | 0.72M | 0.11M | - | 0.02M |
| Operating income | -0.78M | -0.72M | -0.86M | -0.87M | -0.71M |
| Other operating expenses | 0.78M | 0.72M | 0.88M | 0.87M | 0.71M |
| Interest expense | - | - | - | - | 0.00M |
| Tax provision | - | 0.00M | 0.00M | 0.00M | 0.00M |
| Interest income | - | 0.01M | 0.01M | 0.01M | 0.01M |
| Net interest income | - | - | 0.01M | 0.01M | 0.00M |
| Extraordinary items | - | -0.21M | - | - | - |
| Income tax expense | - | - | - | - | -0.01M |
| Total revenue | - | 0.01M | 0.01M | 0.01M | 0.00M |
| Total operating expenses | 0.78M | 0.72M | 0.88M | 0.87M | 0.71M |
| Cost of revenue | - | - | 0.23M | 0.23M | 0.24M |
| Total other income expense net | 0.01M | -0.01M | 0.02M | 0.01M | 0.01M |
| Net income from continuing ops | - | - | -0.85M | -0.85M | -0.70M |
| Net income applicable to common shares | - | -0.94M | -0.85M | -0.85M | -0.70M |
| Breakdown | 2026-06-30 | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2026-06-30 | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 |
| Total assets | 8.22M | 7.09M | 7.21M | 6.81M | 6.61M |
| Other current assets | 6.54M | 6.45M | 0.40M | - | - |
| Total liab | 0.10M | 0.17M | 0.22M | 0.06M | 0.21M |
| Total stockholder equity | 8.11M | 6.92M | 6.98M | 6.75M | 6.40M |
| Other current liab | 0.04M | - | 0.17M | 0.04M | 0.04M |
| Common stock | 31.67M | 30.56M | 29.72M | 28.95M | 27.76M |
| Capital stock | - | - | - | 28.95M | 27.76M |
| Retained earnings | -24.47M | -23.99M | -23.05M | -22.20M | -21.52M |
| Other assets | - | - | - | 0.02M | 0.02M |
| Cash | 0.25M | 0.19M | 0.36M | 0.58M | 1.02M |
| Cash and equivalents | - | - | - | 0.58M | 1.02M |
| Total current liabilities | 0.10M | 0.17M | 0.22M | 0.06M | 0.21M |
| Current deferred revenue | - | - | 0.03M | - | - |
| Net debt | -0.25M | -0.19M | -0.36M | -0.58M | -1.02M |
| Short term debt | - | - | -0.03M | 0.00M | 0.00M |
| Other stockholder equity | - | - | - | -0.16M | -0.01M |
| Property plant equipment | - | - | - | 5.85M | 5.25M |
| Total current assets | 6.82M | 6.68M | 0.76M | 0.94M | 1.34M |
| Long term investments | - | - | - | 0.02M | 0.02M |
| Net tangible assets | - | - | - | 6.75M | 6.40M |
| Net receivables | 0.03M | 0.03M | 0.40M | 0.36M | 0.32M |
| Inventory | - | - | -0.40M | - | - |
| Accounts payable | 0.06M | 0.17M | 0.05M | 0.02M | 0.16M |
| Accumulated other comprehensive income | 0.92M | 0.35M | 0.31M | 0.16M | 0.16M |
| Non currrent assets other | 1.39M | - | - | - | - |
| Non current assets total | 1.39M | 0.41M | 6.45M | 5.87M | 5.27M |
| Long term debt total | - | - | - | 0.00M | 0.00M |
| Breakdown | 2026-06-30 | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2026-06-30 | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 |
| Investments | - | - | -0.57M | -0.69M | -1.33M |
| Change to liabilities | - | - | - | -0.15M | -0.01M |
| Total cashflows from investing activities | -0.80M | -0.34M | -0.57M | -0.69M | -1.33M |
| Total cash from financing activities | 1.64M | 0.79M | 1.08M | 1.18M | 1.41M |
| Net income | -0.77M | - | -0.85M | -0.00M | -0.00M |
| Change in cash | 0.06M | -0.17M | -0.22M | -0.44M | -0.59M |
| Begin period cash flow | 0.19M | 0.36M | 0.58M | 1.02M | 1.61M |
| End period cash flow | 0.25M | 0.19M | 0.36M | 0.58M | 1.02M |
| Total cash from operating activities | -0.77M | -0.61M | -0.73M | -0.00M | -0.00M |
| Issuance of capital stock | - | - | 1.04M | 1.21M | 1.65M |
| Depreciation | - | - | - | 0.00M | 0.00M |
| Other cashflows from investing activities | - | - | 0.02M | -0.00M | -0.02M |
| Change to account receivables | 0.02M | -0.07M | -0.04M | -0.00M | -0.00M |
| Sale purchase of stock | - | 0.80M | -0.03M | 1.21M | 1.65M |
| Other cashflows from financing activities | - | -0.01M | 0.07M | -0.03M | -0.24M |
| Change to netincome | - | - | - | -0.01M | 0.13M |
| Capital expenditures | 0.00M | 0.34M | 0.59M | 0.69M | 1.31M |
| Change in working capital | -0.05M | -0.12M | 0.12M | -0.00M | -0.00M |
| Stock based compensation | - | - | - | - | 0.00M |
| Other non cash items | 0.05M | -0.49M | -0.01M | -0.00M | 0.00M |
| Free cash flow | -0.77M | -0.61M | -1.32M | -0.69M | -1.31M |
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) |
|---|---|---|---|---|---|---|---|---|
| MRQ MRG Metals Ltd |
- -% |
0.00 | - | - | 2434.59 | 0.88 | 790.01 | -7.08 |
| BHP BHP Group Ltd |
-0.78 1.29% |
59.61 | 20.70 | 15.82 | 5.10 | 4.00 | 3.51 | 6.71 |
| RIO Rio Tinto Ltd |
-3.30 2.14% |
150.57 | 14.04 | 12.02 | 4.03 | 2.49 | 2.85 | 6.74 |
| GLC Glencore Plc |
0.27 2.69% |
10.30 | 15.15 | 11.30 | 0.38 | 1.95 | 0.40 | 7.60 |
| FMG Fortescue Ltd |
-0.37 2.40% |
15.05 | 11.31 | 13.61 | 2.81 | 1.51 | 1.87 | 4.32 |
MRG Metals Ltd, together with its subsidiaries, explores and develops mineral properties in Mozambique, South Africa, and Western Australia. It explores for heavy mineral sands, rare earths, uranium, and lithium deposits. The company holds interest in the Garies Rare Earth Project covering approximately 275 square kilometres in the Northern Cape Province of South Africa; Adriano-Fotinho Rare Earth Corridor covering contiguous 396.42 square kilometre located in Northern Mozambique; Titanium Dioxide Joint Venture located in Mozambique; Olinga Uranium and Rare Earth Project covers 16,535 hectares approximately 270 kilometres located in north-east of Beira, Mozambique. MRG Metals Ltd was incorporated in 2011 and is based in Ballarat, Australia.
| Name | Title | Year Born |
|---|---|---|
| Mr. Shane Gordon Turner CA | Group CFO, Company Sec. & Independent Non-Exec. Director | NA |
| Mr. Shane Gordon Turner CA | Group CFO, Company Secretary & Independent Non-Executive Director | NA |
| Mr. Shane Gordon Turner CA | Group CFO, Company Secretary & Independent Non-Executive Director | NA |
| Mr. Shane Gordon Turner CA | Group CFO, Company Secretary & Independent Non-Executive Director | NA |
| Mr. Shane Gordon Turner CA | Group CFO, Company Secretary & Independent Non-Executive Director | NA |
| Mr. Shane Gordon Turner CA | Group CFO, Company Secretary & Independent Non-Executive Director | NA |
| Mr. Shane Gordon Turner CA | Group CFO, Company Secretary & Independent Non-Executive Director | NA |
| Mr. Shane Gordon Turner CA | Group CFO, Company Secretary & Independent Non-Executive Director | NA |
| Mr. Shane Gordon Turner CA | Group CFO, Company Secretary & Independent Non-Executive Director | NA |
| Mr. Shane Gordon Turner CA | Group CFO & Company Secretary | NA |
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