MRG Metals (ASX:MRQ) - Stock Price, News & Analysis

MRQ Stock Overview

MRG Metals Ltd, together with its subsidiaries, explores and develops mineral projects in Mozambique.

MRQ fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	0/6
Past Performance	0/6
Financial Health	6/6
Dividends	0/6

Rewards

Risk Analysis

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

Does not have a meaningful market cap (A$5M)

Highly volatile share price over the past 3 months

Shareholders have been diluted in the past year

MRG Metals Ltd Competitors

ActivEX

ASX:AIV

AU$1.7m

Moab Minerals

ASX:MOM

AU$3.6m

Alice Queen

ASX:AQX

AU$4.1m

Genesis Resources

ASX:GES

AU$4.7m

Price History & Performance

Summary of all time highs, changes and price drops for MRG Metals
Historical stock prices
Current Share Price	AU$0.002
52 Week High	AU$0.004
52 Week Low	AU$0.001
Beta	0.69
1 Month Change	0%
3 Month Change	0%
1 Year Change	-42.86%
3 Year Change	-80.00%
5 Year Change	-50.00%
Change since IPO	-99.05%

Recent updates

Shareholder Returns

	MRQ	AU Metals and Mining	AU Market
7D	0%	-0.8%	-2.8%
1Y	-42.9%	-6.7%	4.0%

Return vs Industry: MRQ underperformed the Australian Metals and Mining industry which returned -4.2% over the past year.

Return vs Market: MRQ underperformed the Australian Market which returned 5.7% over the past year.

Price Volatility

Is MRQ's price volatile compared to industry and market?
MRQ volatility
MRQ Average Weekly Movement	45.2%
Metals and Mining Industry Average Movement	12.5%
Market Average Movement	9.0%
10% most volatile stocks in AU Market	17.4%
10% least volatile stocks in AU Market	3.5%

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

Volatility Over Time: MRQ's weekly volatility (45%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

Founded	Employees	CEO	Website
2011	n/a	n/a	www.mrgmetals.com.au

MRG Metals Ltd, together with its subsidiaries, explores and develops mineral projects in Mozambique. It explores for heavy mineral sands, rare earths, and uranium deposits. The company was incorporated in 2011 and is based in Ballarat, Australia.

MRG Metals Ltd Fundamentals Summary

How do MRG Metals's earnings and revenue compare to its market cap?
MRQ fundamental statistics
Market cap	AU$5.05m
Earnings (TTM)	-AU$884.16k
Revenue (TTM)	n/a

0.0x

P/S Ratio

-5.7x

P/E Ratio

Is MRQ overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MRQ income statement (TTM)
Revenue	AU$0
Cost of Revenue	AU$0
Gross Profit	AU$0
Other Expenses	AU$884.16k
Earnings	-AU$884.16k

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	-0.00035
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0%

How did MRQ perform over the long term?

See historical performance and comparison

MRQ Stock Overview

Rewards

Risk Analysis

MRG Metals Ltd Competitors

ASX:AIV

AU$1.7m

ASX:MOM

AU$3.6m

ASX:AQX

AU$4.1m

ASX:GES

AU$4.7m

Price History & Performance

Recent News & Updates

MRG Metals Ltd has completed a Follow-on Equity Offering in the amount of AUD 0.04 million.

MRG Metals Ltd, Annual General Meeting, Mar 08, 2024

MRG Metals Ltd has filed a Follow-on Equity Offering in the amount of AUD 0.53 million.

Insufficient new directors

MRG Metals Ltd, Annual General Meeting, Nov 28, 2023

New minor risk - Financial data availability

Recent updates

MRG Metals Ltd has completed a Follow-on Equity Offering in the amount of AUD 0.04 million.

MRG Metals Ltd, Annual General Meeting, Mar 08, 2024

MRG Metals Ltd has filed a Follow-on Equity Offering in the amount of AUD 0.53 million.

Insufficient new directors

MRG Metals Ltd, Annual General Meeting, Nov 28, 2023

New minor risk - Financial data availability

New minor risk - Financial data availability

Mrg Metals Limited Announces Excellent New Game Changer Discoveries At Corridor

MRG Metals Ltd Announces the Laboratory Total Heavy Mineral (THM) and Mineralogical Results of Infill Aircore Drilling Within the Viaria and Zulene Targets

MRG Metals Ltd Announces the Laboratory Total Heavy Mineral (THM) and Mineralogical Results of Infill Aircore Drilling Within the Viaria and Zulene Targets

Mrg Metals Limited Announces the Excellent Mineralogy Results from Heavy Mineral Concentrate Samples Sourced from Three Target Testing Aircore Drillholes Within Mrg's Magonde Target in the Marao

MRG Metals Ltd has announced a Derivatives Offering in the amount of AUD 1.174235 million.

MRG Announces HMS -New Very High Valuable Heavy Minerals Cihari Target

Insufficient new directors

MRG Metals Limited Announces New Uranium & Rare Earth Element Licence Application

MRG Metals Ltd Announces New Very High Valuable Heavy Minerals (VHM) Azaria Target Identified East of Koko Massava - Exceptional 72.4% VHM + 9.1% Titanomagnetite

MRG Metals Limited Announces Scoping Study and Preliminary Economic Assessment Delivers Significant NPV at Corridor Sands Project

MRG Metals Ltd, Annual General Meeting, Nov 28, 2022

MRG Metals Ltd, Ballarat Ordinary Shares to Be Deleted from OTC Equity

Full year 2022 earnings released: EPS: AU$0 (vs AU$0 in FY 2021)

MRG Metals Limited Announces Completion of an Engineering Scoping Study and Near Completion of the Preliminary Economic Assessment

MRG Metals Limited Announces Marao Delivers High Laboratory Grades from Aircore Drilling - Magonde Established as Very High Grade Target

MRG Metals Ltd Announces New Rare Earth and Uranium Tenement Applications Mozambique

Insufficient new directors

MRG Metals Ltd Announces the Results of Updated Joint Ore Reserve Committee Mineral Resource Estimates for its Nhacutse and Poiombo Deposits Within the Corridor South 6620 L Licence

MRG Metals Limited Releases Excellent Results from Recent Completed Comprehensive Quantitative Mineralogical Study

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

MRG Metals Ltd Announces Nhacutse and Poiombo Mineral Resouce Estimates

MRG Metals Ltd Applies for New Highly Prospective Heavy Mineral Sands Licence (Corridor North 10779L) in Mozambique

MRG Metals Ltd Announces the Visually Estimated Results of Its Recently Completed Follow-Up Extension Aircore Drilling Program

Mrg Metals Limited Provides Marao Second Auger Drill Results

Mrg Metals Ltd Announces Completion of Infill Aircore Drilling At the Poiombo Target Located Within Corridor South (6621L) Project

MRG Metals Limited Announces Marao Initial Auger Drill Results

MRG Metals Limited Commences Infill Aircore Drilling Program At the Nhacutse High Grade Mineralised Area Within Its Corridor South (6621L) Exploration License

MRG Metals Limited Commences an Infill Aircore Drilling Program

MRG Metals Limited Announces Expression of Interest Submitted to African Renaissance Pipeline Project

MRG Metals Limited Commences Marao Auger Drilling

MRG Metals Limited Announces Assay Results from Aircore Drilling At Nhacutse Prospect

MRG Metals Limited Announces the Assay Results from Its Phase 2 Aircore Drilling

MRG Metals Ltd Announces Assay Results from the Widely Spaced Maiden Aircore Drilling Program

MRG Metals Limited Announces the Final Grant of Exploration Licences 6842L (Marao) and 6846L (Marruca) to Commence

MRG Metals Limited Announces the Assay Results from Phase 2 Aircore Drilling At Poiombo Target

MRG Metals Limited Provides Maiden Aircore Drilling Program at the Nhacutse and Bungane Prospects located in the Corridor South Project in Mozambiqu

MRG Metals Ltd Announces Execute Changes

Mrg Metals Ltd Announces Drilling Updates

MRG Metals Limited Announces Completion of Phase 2 Reconnaissance Aircore Drilling at the Poiombo Target and Provide an Update on Results for Visually Estimated Field Data

MRG Metals Ltd Announces Phase 2 Aircore Drilling Program to Commence At Nhacutse Priority Targets

MRG Metals Limited Provides Update for New Laboratory Assay Results from Infill Auger Drilling on the Zulene, Viaria and Saia Targets

MRG Metals Ltd Provides Update on Ongoing Aircore Drilling Program Currently Being Carried Out Across Multiple Targets at the Company's Corridor South Project Located in Mozambique

Shareholder Returns

Price Volatility

About the Company

MRG Metals Ltd Fundamentals Summary

0.0x

-5.7x

Earnings & Revenue