How does M3M's PB Ratio compare to its peers?

M3M is expensive based on its Price-To-Book Ratio (1.6x) compared to the peer average (1.1x).

How does M3M's PB Ratio compare vs other companies in the AU Metals and Mining Industry?

M3M is expensive based on its Price-To-Book Ratio (1.6x) compared to the Australian Metals and Mining industry average (1.2x).

What is M3M's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate M3M's Price-To-Book Fair Ratio for valuation analysis.

What is the Fair Price of M3M when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Insufficient data to calculate M3M's fair value for valuation analysis.

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

M3 Mining (ASX:M3M) - Stock Price, News & Analysis

M3M Stock Overview

Engages in the exploration and evaluation of mineral resources in Australia. More details

M3M fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	0/6
Financial Health	6/6
Dividends	0/6

Risk Analysis

Shareholders have been substantially diluted in the past year

Makes less than USD$1m in revenue (A$0)

Does not have a meaningful market cap (A$3M)

M3 Mining Limited Competitors

Traka Resources

ASX:TKL

AU$1.9m

Redstone Resources

ASX:RDS

AU$2.8m

Parabellum Resources

ASX:PBL

AU$3.1m

DY6 Metals

ASX:DY6

AU$2.9m

Price History & Performance

Summary of all time highs, changes and price drops for M3 Mining
Historical stock prices
Current Share Price	AU$0.034
52 Week High	AU$0.073
52 Week Low	AU$0.032
Beta	0.31
11 Month Change	-20.93%
3 Month Change	-15.00%
1 Year Change	-48.48%
33 Year Change	-88.47%
5 Year Change	n/a
Change since IPO	-83.00%

Recent updates

Shareholder Returns

	M3M	AU Metals and Mining	AU Market
7D	-10.5%	-0.9%	1.5%
1Y	-48.5%	-12.8%	17.2%

Return vs Industry: M3M underperformed the Australian Metals and Mining industry which returned -12.8% over the past year.

Return vs Market: M3M underperformed the Australian Market which returned 17.2% over the past year.

Price Volatility

Is M3M's price volatile compared to industry and market?
M3M volatility
M3M Average Weekly Movement	10.2%
Metals and Mining Industry Average Movement	10.9%
Market Average Movement	8.6%
10% most volatile stocks in AU Market	17.3%
10% least volatile stocks in AU Market	3.4%

Stable Share Price: M3M has not had significant price volatility in the past 3 months compared to the Australian market.

Volatility Over Time: M3M's weekly volatility (10%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2020	n/a	n/a	m3mining.com.au

M3 Mining Limited engages in the exploration and evaluation of mineral resources in Australia. It primarily explores for copper and gold deposits. The company holds a 100% interest in the Edjudina located approximately 150 km north east of the regional city of Kalgoorlie in Western Australia; and the Victoria Bore project located in 120km south east of Western Australia.

M3 Mining Limited Fundamentals Summary

How do M3 Mining's earnings and revenue compare to its market cap?
M3M fundamental statistics
Market cap	AU$2.85m
Earnings (TTM)	-AU$2.11m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-1.3x

P/E Ratio

Is M3M overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
M3M income statement (TTM)
Revenue	AU$0
Cost of Revenue	AU$195.97k
Gross Profit	-AU$195.97k
Other Expenses	AU$1.92m
Earnings	-AU$2.11m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.025
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0%

How did M3M perform over the long term?

See historical performance and comparison

M3M Stock Overview

Risk Analysis

M3 Mining Limited Competitors

ASX:TKL

AU$1.9m

ASX:RDS

AU$2.8m

ASX:PBL

AU$3.1m

ASX:DY6

AU$2.9m

Price History & Performance

Recent News & Updates

M3 Mining Limited, Annual General Meeting, Nov 20, 2024

New major risk - Shareholder dilution

M3 Mining Limited Appoints Dermot O'keeffe as Non-Executive Director

M3 Mining Limited has completed a Follow-on Equity Offering in the amount of AUD 1.867758 million.

New minor risk - Share price stability

New minor risk - Shareholder dilution

Recent updates

M3 Mining Limited, Annual General Meeting, Nov 20, 2024

New major risk - Shareholder dilution

M3 Mining Limited Appoints Dermot O'keeffe as Non-Executive Director

M3 Mining Limited has completed a Follow-on Equity Offering in the amount of AUD 1.867758 million.

New minor risk - Share price stability

New minor risk - Shareholder dilution

M3 Mining Limited has completed a Follow-on Equity Offering in the amount of AUD 2.2347 million.

M3 Mining Limited, Annual General Meeting, Oct 10, 2023

M3 Mining Limited Provides an Update on the Recently Completed RC Drilling Program at the Victoria Bore Copper Project

M3 Mining Limited Provides Update on the Recently Completed Maiden AC Drilling Program At the Edjudina Gold Project

M3 Mining Limited Receives All Outstanding Data from the Recently Completed Airborne Magnetic and Radiometric Survey At the Victoria Bore Copper Project

Less than half of directors are independent

M3 Mining Limited Announces the Commencement of the Follow-Up RC Drilling Program at the Victoria Bore Copper Project

M3 Mining Limited Announces the Commencement of the Follow-Up RC Drilling Program at the Victoria Bore Copper Project

M3 Mining Provides Victoria Bore Update

M3 Mining Limited Expands Strategic Footprint At Edjudina

M3 Mining Limited, Annual General Meeting, Nov 18, 2022

M3 Mining Commences Maiden Drilling Program At Edjudina

M3 Mining Limited Discovers Strong Em Conductor At Victoria Bore

M3 Mining Limited Provides an Update on the Geochemical Soil Sampling Program At the Edjudina Gold Project

M3 Mining Limited Provides Exploration Update

M3 Mining Limited Provides Exploration Update

Less than half of directors are independent

M3 Mining Limited Announces Successful First Pass Exploration Drilling Results at the Victoria Bore Copper Project

Less than half of directors are independent

Shareholder Returns

Price Volatility

About the Company

M3 Mining Limited Fundamentals Summary

0.0x

-1.3x

Earnings & Revenue