ASX:MYEMetals and Mining
Mastermyne Group (ASX:MYE) Shares Reflect Margin Gains But Legal Risks Linger
Mastermyne Group walked into this result on a tear, with the stock up sharply over the past quarter, and the market already pricing in a clean turnaround story. The latest numbers give bulls plenty to point to. Revenue for FY26 came in at A$237.7m and underlying earnings before interest, tax, depreciation and amortisation reached A$20.3m, while net profit margins over the last 12 months improved to 4.6% from 0.8%.
The key question now is whether a P/E of 16.7x and a share price of A$0.60,...