Many Peaks Minerals Balance Sheet Health

Financial Health criteria checks 6/6

Many Peaks Minerals has a total shareholder equity of A$7.3M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$7.6M and A$283.5K respectively.

Key information

Debt to equity ratio

AU$0

Debt

Interest coverage ratio	n/a
Cash	AU$5.63m
Equity	AU$7.28m
Total liabilities	AU$283.52k
Total assets	AU$7.57m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: MPK's short term assets (A$5.7M) exceed its short term liabilities (A$283.5K).

Long Term Liabilities: MPK has no long term liabilities.

Debt to Equity History and Analysis

Debt Level: MPK is debt free.

Reducing Debt: MPK has not had any debt for past 5 years.

Balance Sheet

Cash Runway Analysis

For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: MPK has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: MPK has sufficient cash runway for 1.8 years if free cash flow continues to reduce at historical rates of 62.3% each year.

Many Peaks Minerals Balance Sheet Health

Financial Health criteria checks 6/6

Key information

Recent financial health updates

Recent updates

New major risk - Financial position

Many Peaks Minerals Limited, Annual General Meeting, Nov 22, 2024

Emx Broken Hill Pty Ltd. executed an unconditional binding agreement to acquire remaining 80% stake in EPM26317 and EPM27252 exploration permits in central Queensland from Many Peaks Minerals Limited (ASX:MPK) for AUD 0.05 million.

New major risk - Shareholder dilution

Many Peaks Minerals Limited (ASX:MPK) completed the acquisition of CDI Holdings (Guernsey) Limited from Turaco Gold Limited (ASX:TCG) and Predictive Discovery Limited (ASX:PDI).

Many Peaks Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 2 million.

Many Peaks Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 2 million.

Many Peaks Minerals Limited (ASX:MPK) entered into binding Share Sale Agreement to acquire CDI Holdings (Guernsey) Limited from Turaco Gold Limited (ASX:TCG) and Predictive Discovery Limited (ASX:PDI) for £0.21 million.

High number of new and inexperienced directors

High number of new and inexperienced directors

High number of new and inexperienced directors

High number of new and inexperienced directors

Many Peaks Gold Limited, Annual General Meeting, Nov 22, 2023

New minor risk - Shareholder dilution

New major risk - Financial position

New major risk - Share price stability

High number of new and inexperienced directors

Many Peaks Gold Limited Announces the Grant of Six (6) Mineral Licences Located in Southeast Newfoundland Covering A 151Km2 Area Referred to as the Aska Lithium Project

Many Peaks Gold Limited Announces the Grant of Six (6) Mineral Licences Located in Southeast Newfoundland Covering A 151Km2 Area Referred to as the Aska Lithium Project

Many Peaks Gold Limited Announces Assay Results Receives for Extension Soil Sampling Campaign at its Mt Weary Gold Project in Queensland

Many Peaks Gold Limited has announced a Derivatives Offering in the amount of AUD 0.096688 million.

Many Peaks Gold Limited, Annual General Meeting, Nov 04, 2022

Many Peaks Gold Limited Announces Initial Soil Sampling Results for the Rawlins Project

Many Peaks Gold Limited Announces Assay Results for the First 8 of 11 Holes from Its Initial Drill Campaign At the Mt Weary Gold Project

Many Peaks Gold Limited Announces Successful Completion of Phase One Drilling at Mt Weary

Many Peaks Gold Limited Commences Drilling at Mt Weary Project, Queensland

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

Cash Runway Analysis

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