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MetalsGrove Mining ASX:MGA Stock Report

Last Price

AU$0.05

Market Cap

AU$2.6m

7D

28.2%

1Y

-52.4%

Updated

18 Apr, 2024

Data

Company Financials

MetalsGrove Mining Limited

ASX:MGA Stock Report

Market Cap: AU$2.6m

MGA Stock Overview

MetalsGrove Mining Limited engages in the acquisition, exploration, and development of green metals for the battery and renewable energy market in Australia.

MGA fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health5/6
Dividends0/6

MetalsGrove Mining Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for MetalsGrove Mining
Historical stock prices
Current Share PriceAU$0.05
52 Week HighAU$0.19
52 Week LowAU$0.031
Beta0
1 Month Change28.21%
3 Month Change-25.37%
1 Year Change-52.38%
3 Year Changen/a
5 Year Changen/a
Change since IPO-65.52%

Recent News & Updates

Recent updates

Shareholder Returns

MGAAU Metals and MiningAU Market
7D28.2%-1.8%-3.1%
1Y-52.4%-7.6%4.0%

Return vs Industry: MGA underperformed the Australian Metals and Mining industry which returned -7.6% over the past year.

Return vs Market: MGA underperformed the Australian Market which returned 4% over the past year.

Price Volatility

Is MGA's price volatile compared to industry and market?
MGA volatility
MGA Average Weekly Movementn/a
Metals and Mining Industry Average Movement12.4%
Market Average Movement8.9%
10% most volatile stocks in AU Market17.4%
10% least volatile stocks in AU Market3.5%

Stable Share Price: MGA's share price has been volatile over the past 3 months.

Volatility Over Time: Insufficient data to determine MGA's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
2021n/aSean Sivasamymetalsgrove.com.au

MetalsGrove Mining Limited engages in the acquisition, exploration, and development of green metals for the battery and renewable energy market in Australia. It primarily explores for copper, lead, zinc, gold, lithium, tin, tantalum, manganese, and rare earth elements. The company holds interest in the Upper Coondina lithium-tin and tantalum project, which comprises a single granted exploration license covering an area of approximately 6,363 hectares located southwest of marble bar in the eastern Pilbara region of Western Australia; the Woodie Woodie North manganese project consisting of a single granted exploration license that covers an area of approximately 13,740 hectares situated in the eastern Pilbara region of Western Australia; and the Bruce gold-copper and rare earth element project covering an area of approximately 17,722 hectares located northeast of Alice Springs in Northern Territory.

MetalsGrove Mining Limited Fundamentals Summary

How do MetalsGrove Mining's earnings and revenue compare to its market cap?
MGA fundamental statistics
Market capAU$2.64m
Earnings (TTM)-AU$885.47k
Revenue (TTM)AU$76.36k

34.5x

P/S Ratio

-3.0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MGA income statement (TTM)
RevenueAU$76.36k
Cost of RevenueAU$0
Gross ProfitAU$76.36k
Other ExpensesAU$961.83k
Earnings-AU$885.47k

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-0.017
Gross Margin100.00%
Net Profit Margin-1,159.61%
Debt/Equity Ratio0%

How did MGA perform over the long term?

See historical performance and comparison
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