How does M4M's PB Ratio compare to its peers?

M4M is expensive based on its Price-To-Book Ratio (3.8x) compared to the peer average (1.2x).

How does M4M's PB Ratio compare vs other companies in the AU Metals and Mining Industry?

M4M is expensive based on its Price-To-Book Ratio (3.8x) compared to the Australian Metals and Mining industry average (1.1x).

What is M4M'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 M4M's Price-To-Book Fair Ratio for valuation analysis.

What is the Fair Price of M4M when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Insufficient data to calculate M4M'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.

Macro Metals (CHIA:M4M) - Stock Price, News & Analysis

M4M Stock Overview

Engages in the exploration, development, and evaluation of iron ore and other mineral properties in Australia and the Republic of Nigeria. More details

M4M fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	0/6
Financial Health	6/6
Dividends	0/6

Risk Analysis

Highly volatile share price over the past 3 months compared to the Australian market

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

Earnings have declined by 22.7% per year over past 5 years

Shareholders have been diluted in the past year

+ 1 more risk

Macro Metals Limited Competitors

Strike Resources

ASX:SRK

AU$8.8m

Jameson Resources

ASX:JAL

AU$34.5m

CZR Resources

ASX:CZR

AU$53.3m

Kingsrose Mining

ASX:KRM

AU$27.1m

Price History & Performance

Summary of all time highs, changes and price drops for Macro Metals
Historical stock prices
Current Share Price	AU$0.009
52 Week High	AU$0.052
52 Week Low	AU$0.002
Beta	2.93
11 Month Change	-10.00%
3 Month Change	-65.38%
1 Year Change	125.00%
33 Year Change	-35.71%
5 Year Change	-78.05%
Change since IPO	-74.29%

Recent updates

Shareholder Returns

	M4M	AU Metals and Mining	AU Market
7D	50.0%	-0.6%	-0.3%
1Y	125.0%	-11.0%	18.4%

Return vs Industry: M4M exceeded the Australian Metals and Mining industry which returned -9.9% over the past year.

Return vs Market: M4M exceeded the Australian Market which returned 19.7% over the past year.

Price Volatility

Is M4M's price volatile compared to industry and market?
M4M volatility
M4M Average Weekly Movement	17.9%
Metals and Mining Industry Average Movement	10.9%
Market Average Movement	8.6%
10% most volatile stocks in AU Market	17.2%
10% least volatile stocks in AU Market	3.2%

Stable Share Price: M4M's share price has been volatile over the past 3 months compared to the Australian market.

Volatility Over Time: M4M's weekly volatility has decreased from 25% to 18% over the past year, but is still higher than 75% of Australian stocks.

About the Company

Founded	Employees	CEO	Website
n/a	n/a	Simon Rushton	macrometals.com.au

Macro Metals Limited, together with its subsidiaries, engages in the exploration, development, and evaluation of iron ore and other mineral properties in Australia and the Republic of Nigeria. The company also explores for volcanogenic massive sulfide, copper, lead, zinc, silver, and gold deposits. Its flagship properties are the Cane Bore iron ore project, which consists of the Cane River, Callisto, and Europa prospects located in Australia; and the Catho Well iron ore project located in Australia.

Macro Metals Limited Fundamentals Summary

How do Macro Metals's earnings and revenue compare to its market cap?
M4M fundamental statistics
Market cap	AU$32.62m
Earnings (TTM)	-AU$13.95m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-2.3x

P/E Ratio

Is M4M overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
M4M income statement (TTM)
Revenue	AU$0
Cost of Revenue	AU$0
Gross Profit	AU$0
Other Expenses	AU$13.95m
Earnings	-AU$13.95m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.0038
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0%

How did M4M perform over the long term?

See historical performance and comparison

M4M Stock Overview

Risk Analysis

Macro Metals Limited Competitors

ASX:SRK

AU$8.8m

ASX:JAL

AU$34.5m

ASX:CZR

AU$53.3m

ASX:KRM

AU$27.1m

Price History & Performance

Recent News & Updates

Macro Metals Limited (ASX:M4M) agreed to acquire 80% stake in Tenements of WA Limestone Pty Ltd.

Macro Metals Limited, Annual General Meeting, Nov 26, 2024

New major risk - Revenue and earnings growth

Non-Executive Director recently bought AU$324k worth of stock

Insider recently bought AU$70k worth of stock

Macro Metals Limited has completed a Follow-on Equity Offering in the amount of AUD 3.3 million.

Recent updates

Macro Metals Limited (ASX:M4M) agreed to acquire 80% stake in Tenements of WA Limestone Pty Ltd.

Macro Metals Limited, Annual General Meeting, Nov 26, 2024

New major risk - Revenue and earnings growth

Non-Executive Director recently bought AU$324k worth of stock

Insider recently bought AU$70k worth of stock

Macro Metals Limited has completed a Follow-on Equity Offering in the amount of AUD 3.3 million.

Macro Metals Limited Announces That Heritage Survey Clearances Have Been Received for the Priority Drill Targets At the Mogul Vms Project in the Pilbara Region of Western Australia

New major risk - Shareholder dilution

Macro Metals Limited has completed a Follow-on Equity Offering in the amount of AUD 3.35 million.

Macro Metals Limited has filed a Follow-on Equity Offering in the amount of AUD 3.35 million.

Macro Metals Limited, Annual General Meeting, Nov 17, 2023

New minor risk - Financial data availability

New minor risk - Financial data availability

Less than half of directors are independent

Macro Metals Limited Announces Change of Company Secretary

Insider recently sold AU$51k worth of stock

Less than half of directors are independent

Kogi Iron Limited, Annual General Meeting, Nov 29, 2022

Full year 2022 earnings released: AU$0.003 loss per share (vs AU$0.003 loss in FY 2021)

Kogi Iron Limited (ASX:KFE) acquired MOGUL COPPER-ZINC VMS PROJECT from Mining Equities Pty Ltd for AUD 0.01 million.

Kogi Iron Limited Announces Board Changes

Kogi Iron Limited Announces Change of Principal Place of Business

Kogi Iron Limited Announces Board Changes

Less than half of directors are independent

Kogi Iron Limited, Annual General Meeting, May 31, 2022

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

Kogi Iron Limited Announces Management Changes

Kogi Iron Limited (ASX:KFE) entered into a binding terms sheet to acquire Macro Metals Limited for AUD 6.3 million.

Kogi Iron Limited Commences the Initial Steps of Phase 1 of the Project Feasibility Study

Kogi Iron Limited Approves Appointment of Directors

Kogi Iron Limited Announces Board Changes

Kogi Iron Limited Announces Resignation of David Turvey as Managing Director

Shareholder Returns

Price Volatility

About the Company

Macro Metals Limited Fundamentals Summary

0.0x

-2.3x

Earnings & Revenue