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

MAU is expensive based on its Price-To-Book Ratio (37.7x) compared to the peer average (2.2x).

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

MAU is expensive based on its Price-To-Book Ratio (37.7x) compared to the Australian Metals and Mining industry average (1.1x).

What is MAU'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 MAU's Price-To-Book Fair Ratio for valuation analysis.

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

Insufficient data to calculate MAU'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.

Magnetic Resources (ASX:MAU) - Stock Price, News & Analysis

MAU Stock Overview

Engages in the exploration of mineral tenements in Western Australia. More details

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

Risk Analysis

Earnings have declined by 19% per year over past 5 years

Makes less than USD$1m in revenue (A$503K)

Shareholders have been diluted in the past year

Magnetic Resources NL Competitors

GR Engineering Services

ASX:GNG

AU$362.4m

Arafura Rare Earths

ASX:ARU

AU$308.0m

OM Holdings

ASX:OMH

AU$263.7m

Aurelia Metals

ASX:AMI

AU$287.6m

Price History & Performance

Summary of all time highs, changes and price drops for Magnetic Resources
Historical stock prices
Current Share Price	AU$1.25
52 Week High	AU$1.65
52 Week Low	AU$0.84
Beta	0.18
11 Month Change	1.63%
3 Month Change	-21.38%
1 Year Change	21.95%
33 Year Change	-19.87%
5 Year Change	145.10%
Change since IPO	290.63%

Recent updates

Shareholder Returns

	MAU	AU Metals and Mining	AU Market
7D	7.3%	1.6%	0.9%
1Y	22.0%	-10.8%	18.4%

Return vs Industry: MAU exceeded the Australian Metals and Mining industry which returned -10.8% over the past year.

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

Price Volatility

Is MAU's price volatile compared to industry and market?
MAU volatility
MAU Average Weekly Movement	7.8%
Metals and Mining Industry Average Movement	11.0%
Market Average Movement	8.5%
10% most volatile stocks in AU Market	17.5%
10% least volatile stocks in AU Market	3.2%

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

Volatility Over Time: MAU's weekly volatility (8%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2006	n/a	George Sakalidis	magres.com.au

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 Central Project; Lady Julie North 4; and The Hawks Nest 9 Project.

Magnetic Resources NL Fundamentals Summary

How do Magnetic Resources's earnings and revenue compare to its market cap?
MAU fundamental statistics
Market cap	AU$333.43m
Earnings (TTM)	-AU$12.34m
Revenue (TTM)	AU$502.97k

662.9x

P/S Ratio

-27.0x

P/E Ratio

Is MAU overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MAU income statement (TTM)
Revenue	AU$502.97k
Cost of Revenue	AU$0
Gross Profit	AU$502.97k
Other Expenses	AU$12.84m
Earnings	-AU$12.34m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.046
Gross Margin	100.00%
Net Profit Margin	-2,453.56%
Debt/Equity Ratio	0%

How did MAU perform over the long term?

See historical performance and comparison

MAU Stock Overview

Risk Analysis

Magnetic Resources NL Competitors

ASX:GNG

AU$362.4m

ASX:ARU

AU$308.0m

ASX:OMH

AU$263.7m

ASX:AMI

AU$287.6m

Price History & Performance

Recent News & Updates

Magnetic Resources NL has completed a Follow-on Equity Offering in the amount of AUD 10 million.

Magnetic Resources NL has filed a Follow-on Equity Offering in the amount of AUD 10 million.

New major risk - Financial position

New minor risk - Financial data availability

Magnetic Resources NL, Annual General Meeting, Nov 15, 2024

Magnetic Resources NL (ASX:MAU) entered into an agreement to acquire exploration licence 38/3666 from Rincon Resources Limited (ASX:RCR) for AUD 0.17 million.

Recent updates

Magnetic Resources NL has completed a Follow-on Equity Offering in the amount of AUD 10 million.

Magnetic Resources NL has filed a Follow-on Equity Offering in the amount of AUD 10 million.

New major risk - Financial position

New minor risk - Financial data availability

Magnetic Resources NL, Annual General Meeting, Nov 15, 2024

Magnetic Resources NL (ASX:MAU) entered into an agreement to acquire exploration licence 38/3666 from Rincon Resources Limited (ASX:RCR) for AUD 0.17 million.

Magnetic Resources NL has completed a Follow-on Equity Offering in the amount of AUD 12 million.

Magnetic Resources NL has completed a Follow-on Equity Offering in the amount of AUD 12 million.

New major risk - Financial position

We're Keeping An Eye On Magnetic Resources' (ASX:MAU) Cash Burn Rate

Is Magnetic Resources (ASX:MAU) In A Good Position To Deliver On Growth Plans?

Magnetic Resources NL, Annual General Meeting, Nov 28, 2023

Less than half of directors are independent

Is Magnetic Resources (ASX:MAU) In A Good Position To Deliver On Growth Plans?

Magnetic Resources Nl Provides Update on Progress of Early Works Being Undertaken by Blue Cap Mining At the Hawks Nest

Magnetic Resources NL Updates Mineral Resource Estimates from its Deposits in the Laverton and Homeward Bound Area

Magnetic Resources NL Announces Positive Metallurgical Results from Lady Julie

Magnetic Resources NL Announces Thickest Intersections to Date At Lady Julie North 4

Magnetic Resources Nl Announces Further Assaying from an Initial Aircore Drilling in the Wheatbelt Region of Western Australia Within the Trayning Tenement

Magnetic Resources NL Provides Operational Update

Magnetic Resources NL, Annual General Meeting, Nov 28, 2022

Full year 2022 earnings released: AU$0.035 loss per share (vs AU$0.042 loss in FY 2021)

Magnetic Resources NL Announces Initial Aircore Drilling at Trayning Tenement

Magnetic Resources NL Announces Mineralisation Expands Both to North and East At Lady Julie

Magnetic Resources NL Commences Drilling at Lady Julie North 4

Magnetic Resources NL Announces Thick 56M At 2.2G/T Gold Intersection At Lady Julie North 4

Magnetic Resources NL announced that it expects to receive AUD 1.1025 million in funding

Magnetic Resources NL Announces Maiden Mineral Resource Estimate

Magnetic Resources NL Announces Second Parallel Mineralized Structure At Lady Julie Central

Less than half of directors are independent

Less than half of directors are independent

Magnetic Resources NL Announces Board Changes

First half 2022 earnings: Revenues and EPS in line with analyst expectations

Magnetic Resources NL Announces Thicker Intersections Continue at Laverton Gold Projects

Magnetic Resources NL Announces High Grade Intersections and Vertical Shoots At Lady Julie

Non-Executive Independent Chairman exercised options to buy AU$2.3m worth of stock.

Magnetic Resources NL Announces Homeward Bound South Shapes up with 20M AT 3G/T from 64M

Magnetic Resources NL announced that it expects to receive AUD 1.020479 million in funding

Full year 2021 earnings released: AU$0.042 loss per share (vs AU$0.023 loss in FY 2020)

Magnetic Resources NL Announces Drilling Results at Lady Julie

Magnetic Resources Nl Provides Update on Lady Julie Project

Magnetic Resources NL Announces Nine Gold Targets Defined over 14Km At Hn5, Hn6, Hn9 and Lady Julie

Magnetic Resources NL has completed a Follow-on Equity Offering in the amount of AUD 2.63 million.

Magnetic Resources NL to Commence Exploration at Nickel Project East of Julimar

Magnetic Resources NL announced that it expects to receive AUD 2.6 million in funding

What Is The Ownership Structure Like For Magnetic Resources NL (ASX:MAU)?

New 90-day high: AU$1.47

Magnetic Resources NL Announces Infill Drilling at HN9 identifies 4m @70g/t AU from Surface

New 90-day high: AU$1.44

New 90-day high: AU$1.30

Magnetic Resources NL Announces Shallow Seismic Searching for Multiple Thickened Lodes

Magnetic Resources NL announced that it expects to receive AUD 0.6018 million in funding

New 90-day low: AU$1.10

Full year earnings released - AU$0.023 loss per share

Magnetic Resources NL Announces High Grade Intersections in Thickened Zone A Hawks Nest 9

New 90-day low: AU$1.14

Magnetic Resources NL announced that it has received AUD 7.098249 million in funding

Magnetic Resources NL announced that it expects to receive AUD 7.114709 million in funding

New 90-day high - AU$1.67

New 90-day high - AU$1.50