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Macro Metals ASX:M4M Stock Report

Last Price

AU$0.009

Market Cap

AU$32.6m

7D

80.0%

1Y

157.1%

Updated

27 Nov, 2024

Data

Company Financials

M4M Stock Overview

Engages in the exploration, development, and evaluation of iron ore and other mineral properties in Australia and the Republic of Nigeria. More details

M4M fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

Macro Metals Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Macro Metals
Historical stock prices
Current Share PriceAU$0.009
52 Week HighAU$0.052
52 Week LowAU$0.002
Beta2.93
11 Month Change12.50%
3 Month Change-65.38%
1 Year Change157.14%
33 Year Change-30.77%
5 Year Change-77.50%
Change since IPO-99.89%

Recent News & Updates

We're Hopeful That Macro Metals (ASX:M4M) Will Use Its Cash Wisely

Oct 30
We're Hopeful That Macro Metals (ASX:M4M) Will Use Its Cash Wisely

Recent updates

We're Hopeful That Macro Metals (ASX:M4M) Will Use Its Cash Wisely

Oct 30
We're Hopeful That Macro Metals (ASX:M4M) Will Use Its Cash Wisely

We Think Kogi Iron (ASX:KFE) Needs To Drive Business Growth Carefully

Dec 16
We Think Kogi Iron (ASX:KFE) Needs To Drive Business Growth Carefully

Shareholder Returns

M4MAU Metals and MiningAU Market
7D80.0%-0.6%-0.3%
1Y157.1%-11.0%18.4%

Return vs Industry: M4M exceeded the Australian Metals and Mining industry which returned -11% over the past year.

Return vs Market: M4M exceeded the Australian Market which returned 18.4% over the past year.

Price Volatility

Is M4M's price volatile compared to industry and market?
M4M volatility
M4M Average Weekly Movement21.8%
Metals and Mining Industry Average Movement10.9%
Market Average Movement8.6%
10% most volatile stocks in AU Market17.2%
10% least volatile stocks in AU Market3.2%

Stable Share Price: M4M's share price has been volatile over the past 3 months compared to the Australian market.

Volatility Over Time: M4M's weekly volatility has decreased from 27% to 22% over the past year, but is still higher than 75% of Australian stocks.

About the Company

FoundedEmployeesCEOWebsite
n/an/aSimon Rushtonmacrometals.com.au

Macro Metals Limited, together with its subsidiaries, engages in the exploration, development, and evaluation of iron ore and other mineral properties in Australia and the Republic of Nigeria. The company also explores for volcanogenic massive sulfide, copper, lead, zinc, silver, and gold deposits. Its flagship properties are the Cane Bore iron ore project, which consists of the Cane River, Callisto, and Europa prospects located in Australia; and the Catho Well iron ore project located in Australia.

Macro Metals Limited Fundamentals Summary

How do Macro Metals's earnings and revenue compare to its market cap?
M4M fundamental statistics
Market capAU$32.62m
Earnings (TTM)-AU$13.95m
Revenue (TTM)n/a

0.0x

P/S Ratio

-2.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
M4M income statement (TTM)
RevenueAU$0
Cost of RevenueAU$0
Gross ProfitAU$0
Other ExpensesAU$13.95m
Earnings-AU$13.95m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.0038
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0%

How did M4M perform over the long term?

See historical performance and comparison