Metalicity (ASX:MCT) - Stock Price, News & Analysis

MCT Stock Overview

Metalicity Limited, together with its subsidiaries, explores for and develops gold and zinc deposits in Australia.

MCT fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	0/6
Financial Health	4/6
Dividends	0/6

Risk Analysis

Earnings have declined by 6.7% per year over past 5 years

Has less than 1 year of cash runway

Highly volatile share price over the past 3 months

Makes less than USD$1m in revenue (A$120K)

+ 2 more risks

My Notes

Capture your thoughts, links and company narrative

Metalicity Limited Competitors

Carbine Resources

ASX:CRB

AU$6.1m

Genesis Resources

ASX:GES

AU$3.9m

Enova Mining

ASX:ENV

AU$4.3m

Traka Resources

ASX:TKL

AU$5.2m

Price History & Performance

Summary of all time highs, changes and price drops for Metalicity
Historical stock prices
Current Share Price	AU$0.002
52 Week High	AU$0.006
52 Week Low	AU$0.001
Beta	1.68
1 Month Change	-20.00%
3 Month Change	-20.00%
1 Year Change	-50.00%
3 Year Change	-84.62%
5 Year Change	-92.31%
Change since IPO	-99.96%

Recent updates

Shareholder Returns

	MCT	AU Metals and Mining	AU Market
7D	0%	-2.0%	-1.6%
1Y	-50.0%	-6.0%	-3.3%

Return vs Industry: MCT underperformed the Australian Metals and Mining industry which returned -6% over the past year.

Return vs Market: MCT underperformed the Australian Market which returned -3.3% over the past year.

Price Volatility

Is MCT's price volatile compared to industry and market?
MCT volatility
MCT Average Weekly Movement	49.8%
Metals and Mining Industry Average Movement	10.7%
Market Average Movement	8.5%
10% most volatile stocks in AU Market	15.5%
10% least volatile stocks in AU Market	3.2%

Stable Share Price: MCT is more volatile than 90% of Australian stocks over the past 3 months, typically moving +/- 50% a week.

Volatility Over Time: MCT's weekly volatility has increased from 33% to 50% over the past year.

About the Company

Founded	Employees	CEO	Website
1999	2	Justin Barton	https://www.metalicity.com.au

Metalicity Limited, together with its subsidiaries, explores for and develops gold and zinc deposits in Australia. Its flagship project is the Kookynie Gold project located in the Eastern Goldfields of Western Australia. The company was formerly known as PLD Corporation Limited and changed its name to Metalicity Limited in July 2015.

Metalicity Limited Fundamentals Summary

How do Metalicity's earnings and revenue compare to its market cap?
MCT fundamental statistics
Market Cap	AU$7.47m
Earnings (TTM)	-AU$5.89m
Revenue (TTM)	AU$120.20k

62.2x

P/S Ratio

-1.3x

P/E Ratio

Is MCT overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
MCT income statement (TTM)
Revenue	AU$120.20k
Cost of Revenue	AU$0
Gross Profit	AU$120.20k
Other Expenses	AU$6.01m
Earnings	-AU$5.89m

Last Reported Earnings

Dec 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)	-0.0016
Gross Margin	100.00%
Net Profit Margin	-4,897.24%
Debt/Equity Ratio	0%

How did MCT perform over the long term?

See historical performance and comparison

MCT Stock Overview

Risk Analysis

Metalicity Limited Competitors

ASX:CRB

AU$6.1m

ASX:GES

AU$3.9m

ASX:ENV

AU$4.3m

ASX:TKL

AU$5.2m

Price History & Performance

Recent News & Updates

Metalicity Limited Announces Permit Application for Mt Surprise Project

Metalicity Limited Announces Board Changes

Metalicity Limited Announces 11% Copper Assay with Cobalt at Mt Suprise Project

Metalicity Limited Completes Significant Exploration Programme at its Newly Acquired 100% Owned Mt Surprise Lithium Project

Metalicity Limited Announces Board Changes

Metalicity Limited Appoints Steven Wood as Director

Recent updates

Metalicity Limited Announces Permit Application for Mt Surprise Project

Metalicity Limited Announces Board Changes

Metalicity Limited Announces 11% Copper Assay with Cobalt at Mt Suprise Project

Metalicity Limited Completes Significant Exploration Programme at its Newly Acquired 100% Owned Mt Surprise Lithium Project

Metalicity Limited Announces Board Changes

Metalicity Limited Appoints Steven Wood as Director

Less than half of directors are independent

Metalicity Limited Announces High Grade Copper Results from Outcropping Gossan Rock Chips at Mt Surprise

Metalicity Limited Announces Maiden Exploration Programme Completed at Mt Surprise Lithium Project Uncovers Abundant Copper Mineralisation at Surface

Metalicity Limited Announces Fieldwork Commences at the Mt Surprise Lithium Project

Full year 2022 earnings released: AU$0.002 loss per share (vs AU$0.001 loss in FY 2021)

Metalicity Limited, Annual General Meeting, Nov 25, 2022

Metalicity Limited Announces Drilling Results from Champion Deposit and Champion North and South Exploration Targets At the Kookynie Gold Project

Metalicity Limited Announces High Grade Copper Rock Chips over 25% At Mt Surprise

Metalicity Limited (ASX:MCT) announced the acquisition of Georgetown Lithium Project in North Queensland from tenement holder for AUD 0.18 million.

Metalicity Limited Secures A Second Highly Prospective Lithium Project, the Georgetown Lithium Project (EPM 28121) in North Queensland

Metalicity Limited Announces Highly Prospective Mt Surprise Lithium Project Now Granted

Metalicity Limited Announces High Grade Gold Results from McTavish South Prospect At the Kookynie Gold Project in the Eastern Goldfields, Western Australia

Metalicity Limited Announces Kookynie Gold Project Drilling Update

Less than half of directors are independent

Metalicity Limited Will Expand the Current Air Core and RC Drilling Programme at the Kookynie Gold Project

Metalicity Limited Announces the Mineral Resource Estimate from the Leipold, Champion and Mctavish Prospects

Metalicity Limited Announces Commencement of Aircore and RC Drilling Programme at the Leipold, McTavish and Champion Prospects Within the Kookynie Gold Project

Metalicity Limited Announces Commencement of Aircore and RC Drilling Programme at the Leipold, McTavish and Champion Prospects Within the Kookynie Gold Project

Metalicity Limited Announces Significant, 8.92-Metre-Wide Intercept of the Leipold Lode A Further 100 Metres Down Dip from First Diamond Hole

Vox Provides Recent Development and Exploration Updates from Royalty Operating Partners Gold Standard Ventures, Genesis Minerals Limited, Metalicity Limited, Black Cat Syndicate Limited and Norwest Minerals Limited

Metalicity Limited (ASX:MCT) made an offer to acquire Nex Metals Explorations Limited (ASX:NME).

Metalicity Limited Commences Drilling At the Mctavish Prospects At the Kookynie Gold Project

Metalicity Limited Announces Gold Results Continue At Kookynie Gold Project

Metalicity Limited Announces Assays Results for the Leipold Prospect At the Kookynie Gold Project

Metalicity Limited announced that it expects to receive AUD 3 million in funding

Independent Non-Executive Chairman Norman Longworth has left the company

Metalicity Limited Announces Assays Results for the McTavish Prospect at the Kookynie Gold Project in the Eastern Goldfields, Western Australia

Metalicity Limited Announces Assays Results for the Altona Prospect at the Kookynie Gold Project in the Eastern Goldfields, Western Australia

Metalicity Limited Announces Project and Update on 2021 Assays

Metalicity Limited Announces Return of All Pending Assays from the 2020 Drilling Programme at the Kookynie Gold Project in the Eastern Goldfields, Western Australia

Metalicity Limited Announces Recommencement of Drilling at the Kookynie Gold Project

Metalicity Limited Announces the Return of New Assays from the Drilling Programme at the Kookynie Gold Project in the Eastern Goldfields, Western Australia

Metalicity Limited Provides Market Update on Current Drilling Programme At the Kookynie Gold Project

Metalicity Limited (ASX:MCT) acquired two prospecting licenses located at the Batavia Mining Area for AUD 0.02 million.

Metalicity Limited Announces the Return of Further Assays from the Current Drilling Programme At the Kookynie Gold Project

Full year earnings released - AU$0.0017 loss per share

Metalicity Limited Announces Executive Changes

Metalicity Limited announced that it expects to receive AUD 5 million in funding

Shareholder Returns

Price Volatility

About the Company

Metalicity Limited Fundamentals Summary

62.2x

-1.3x

Earnings & Revenue