Price Target Changed • Apr 18
Price target increased by 15% to AU$4.00 Up from AU$3.48, the current price target is provided by 1 analyst. New target price is 104% above last closing price of AU$1.97. The company is forecast to post a net loss per share of AU$0.041 next year compared to a net loss per share of AU$0.054 last year. Duyuru • Feb 16
Genesis Minerals Limited (ASX:GMD) entered into a binding Scheme Implementation Deed to acquire Magnetic Resources NL (ASX:MAU) for approximately AUD 640 million. Genesis Minerals Limited (ASX:GMD) entered into a binding Scheme Implementation Deed to acquire Magnetic Resources NL (ASX:MAU) for approximately AUD 640 million on February 14, 2026. The consideration consists of common equity of Genesis Minerals Limited at a ratio of 0.0873 per common equity of Magnetic Resources NL and a cash consideration valued at AUD 1.4 per share. Cash component of acquisition to be funded from Genesis’ existing cash and corporate revolving cash advance facility.
The transaction is subject to the approval, clearance or waiver of the transaction by the Australian Competition and Consumer Commission, subject to court approval, approval by regulatory board, approval of offer by target shareholders and third party approval. The transaction has been approved by the board of directors of both companies and is unanimously recommended by the Magnetic Board. The transaction is expected to close in June 2026.
Canaccord Genuity (Australia) Limited and Sternship Advisers are acting as financial advisors and Broadstream Advisory Pty Ltd is acting as legal adviser to Genesis. Jefferies Australia is acting as financial advisor and Hamilton Locke is acting as legal adviser to Magnetic. Recent Insider Transactions Derivative • Dec 10
MD & Director exercised options to buy AU$92k worth of stock. On the 3rd of December, George Sakalidis exercised options to buy 76k shares at a strike price of around AU$1.20, costing a total of AU$91k. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. Since December 2024, George has owned 8.05m shares directly. Company insiders have collectively bought AU$308k more than they sold, via options and on-market transactions, in the last 12 months. Board Change • Sep 30
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. CFO, Company Secretary & Independent Non-Executive Director Ben Donovan was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Duyuru • Sep 27
Magnetic Resources NL, Annual General Meeting, Nov 14, 2025 Magnetic Resources NL, Annual General Meeting, Nov 14, 2025. New Risk • Sep 01
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Revenue is less than US$1m. Minor Risk Latest financial reports are more than 6 months old (reported December 2024 fiscal period end). Duyuru • Aug 19
Magnetic Resources NL has completed a Follow-on Equity Offering in the amount of AUD 35 million. Magnetic Resources NL has completed a Follow-on Equity Offering in the amount of AUD 35 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 26,923,077
Price\Range: AUD 1.3
Discount Per Security: AUD 0.065
Transaction Features: Subsequent Direct Listing Price Target Changed • Jul 23
Price target increased by 32% to AU$3.33 Up from AU$2.53, the current price target is provided by 1 analyst. New target price is 130% above last closing price of AU$1.45. Stock is up 20% over the past year. The company is forecast to post a net loss per share of AU$0.05 next year compared to a net loss per share of AU$0.053 last year. Recent Insider Transactions Derivative • May 16
Non-Executive Director exercised options to buy AU$275k worth of stock. On the 13th of May, Hian Chan exercised options to buy 185k shares at a strike price of around AU$0.68, costing a total of AU$126k. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. Since June 2024, Hian has owned 30.16m shares directly. This was the only transaction from an insider over the last 12 months. New Risk • Apr 17
New major risk - Revenue and earnings growth Earnings have declined by 19% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$14m free cash flow). Earnings have declined by 19% per year over the past 5 years. Revenue is less than US$1m. Duyuru • Apr 10
Magnetic Resources Limited Completes the Test Work At LJN4 Magnetic Resources Limited Completes the Test Work at LJN4. STRONG METALLURGICAL results completed the testwork at LJN4 HIGHLIGHTS. A new composite comprising diamond drill core from the deeper section of the deposit (within the underground mining resource), demonstrated a 97.5% recovery with the optimized flotation circuit. The Lady Julie Gold Project target area is situated on exploration Licence E38/3127 and P38/4170, 4346, 4379-4382 held 100% by Magnetic Resources NL., E38/3127 andP38/4170, 4379-4382 are granted tenements with no known impediments to obtaining a licence to operate., Mining lease applications M38/1315, 1317, 1318 have been lodged over the project area specific, and are pending., Exploration done by other parties, Acknowledgment and appraisal of exploration by other parties., The Lady Julie area has been subject to historical exploration refer to text., Geology, Deposit type, geological setting and style of mineralisation., Archean mesothermal gold mineralization at Lady Julie comprises quartz veining and breccias in sedimentary carbonates and silicified shear zones in ultramafics., Drill hole Information, The summary of all information material to the understanding of the exploration results including a tabulation of the following information for all Material drill holes: easting and northing of the drill hole collar, elevation or RL (Reduced Level - elevation above sea level in metres) of the drill hole collar, dip and azimuth of the hole, down hole length and interception depth, hole length, hole length. Board Change • Apr 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 2 highly experienced directors. CFO, Company Secretary & Independent Non-Executive Director Ben Donovan was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Duyuru • Mar 13
Magnetic Resources NL Ord Shs to Be Deleted from OTC Equity Magnetic Resources NL Ord Shs (Australia) will be deleted from OTC Equity effective March 12, 2025, due to Inactive Security. New Risk • Feb 15
New minor risk - Financial position The company has less than a year of cash runway based on its current free cash flow. Free cash flow: -AU$14m This is considered a minor risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 19% per year over the past 5 years. Revenue is less than US$1m (AU$67k revenue, or US$42k). Minor Risk Less than 1 year of cash runway based on current free cash flow (-AU$14m). Duyuru • Jan 21
Magnetic Resources Provides an Update on Its Flagship Lady Julie Gold Project Magnetic Resources provided an update to its flagship Lady Julie Gold Project (LJGP), an exciting new gold development currently in an advanced Feasibility stage. The project is located near Laverton in WA and will comprise three open pits, a CIL processing plant and all associated infrastructure. Recent deeper infill drilling at Lady Julie North 4 (LJN4) has significantly increased resource confidence and continuity of mineralisation, whilst also expanding gold inventory (relative to the July 2024 ASX update). This will assist in building a substantial future mining reserve. The updated Combined Mineral Resources Estimate for LJGP: 28.11 Mt at 1.93g/t Au containing 1.75Moz of gold at 0.5/1.5g/t cutoffs. 75% of the combined resource is now in Indicated category (previously 68%). The updated Combined Laverton Region Mineral Resource Estimate: 33.14 Mt at 1.81g/t Au containing 1.93Moz of gold at 0.5/1.5g/t cutoffs. On the basis of the strong resource development below the planned open pit, a scoping exercise has been completed to study the potential for operating an underground mine concurrently with the open pit. The study found that a concurrent underground operation producing 550,000tpa of higher-grade ore would add significantly to project value, with total output of 150,000oz pa over an 8-year project life. Commencement of underground access development would be scheduled for year two to minimize the potential for disruption of the main part of the project. More detailed design of access, stoping and fill systems will commence in late January 2025. Metallurgical testwork is continuing to optimize the treatment process with differing lithology units. A Mining Proposal has been submitted to DEMIRS for approval. The proposal is in support of the application for two new Mining leases and a new Miscellaneous lease covering the remainder of the project footprint. The combined project area of 1,424Ha is now under application. With some late changes to the Feasibility Study, the aim remains to complete the Study by the end first quarter of 2025. The LJN4 Indicated and Inferred Resource of 23.6Mt at 2.04g/t Au for 1,546,000ozs has a footprint of 750m in strike length and up to 750m in plan projection and remains open down-dip to the east. Recent drilling results have confirmed the previous interpretation of a moderately east- dipping multi-lode structure. Drilling in the northern part of the deposit has now extended the main ultramafic-hosted lode to a vertical depth of 700m and, importantly, confirmed continuity of the mineralization within this lode. From July to December 2024 18 diamond holes (9,606m) and 3 RC holes (504m) were completed and included in this resource update. 77% of the LJN4 resource is now classified as Indicated. Extensional drilling at LJN4 is continuing. Duyuru • Oct 08
Magnetic Resources NL has completed a Follow-on Equity Offering in the amount of AUD 10 million. Magnetic Resources NL has completed a Follow-on Equity Offering in the amount of AUD 10 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 8,000,000
Price\Range: AUD 1.25
Transaction Features: Subsequent Direct Listing Duyuru • Oct 01
Magnetic Resources NL has filed a Follow-on Equity Offering in the amount of AUD 10 million. Magnetic Resources NL has filed a Follow-on Equity Offering in the amount of AUD 10 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 8,000,000
Price\Range: AUD 1.25
Transaction Features: Subsequent Direct Listing New Risk • Oct 01
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$11m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$11m free cash flow). Earnings have declined by 19% per year over the past 5 years. Revenue is less than US$1m (AU$503k revenue, or US$349k). Minor Risk Shareholders have been diluted in the past year (9.2% increase in shares outstanding). New Risk • Sep 28
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 19% per year over the past 5 years. Revenue is less than US$1m (AU$480 revenue, or US$331). Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Shareholders have been diluted in the past year (9.2% increase in shares outstanding). Duyuru • Sep 27
Magnetic Resources NL, Annual General Meeting, Nov 15, 2024 Magnetic Resources NL, Annual General Meeting, Nov 15, 2024. Duyuru • May 31
Magnetic Resources NL (ASX:MAU) entered into an agreement to acquire exploration licence 38/3666 from Rincon Resources Limited (ASX:RCR) for AUD 0.17 million. Magnetic Resources NL (ASX:MAU) entered into an agreement to acquire exploration licence 38/3666 from Rincon Resources Limited (ASX:RCR) for AUD 0.17 million on May 30, 2024.Completion of the Tenement Sale Agreement is subject to the satisfaction of conditions precedent relating to the assignment and assumption of third-party agreements by 1st October 2024. Duyuru • Mar 16
Magnetic Resources NL has completed a Follow-on Equity Offering in the amount of AUD 12 million. Magnetic Resources NL has completed a Follow-on Equity Offering in the amount of AUD 12 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 13,333,333
Price\Range: AUD 0.9
Discount Per Security: AUD 0.054
Transaction Features: Subsequent Direct Listing New Risk • Mar 14
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$8.4m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$8.4m free cash flow). Earnings have declined by 19% per year over the past 5 years. Revenue is less than US$1m (AU$503k revenue, or US$333k). Minor Risk Shareholders have been diluted in the past year (6.6% increase in shares outstanding). Duyuru • Oct 10
Magnetic Resources NL, Annual General Meeting, Nov 28, 2023 Magnetic Resources NL, Annual General Meeting, Nov 28, 2023. Agenda: To consider the re-election and appointment of directors. Board Change • Oct 06
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Non-Executive Independent Chairman Eric Lim was the last independent director to join the board, commencing their role in 2011. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Duyuru • Feb 16
Magnetic Resources Nl Provides Update on Progress of Early Works Being Undertaken by Blue Cap Mining At the Hawks Nest Magnetic Resources NL provide an update on progress of early works being undertaken by Blue Cap Mining at the Hawks Nest - Lady Julie gold deposits, as last advised in October 2022 (ASX Release 24/10/2022). Significant progress has already been made with numerous studies having commenced with some finalised or close to finalising. A broad scale study area encompassing the key ore zones across many of the Magnetic tenements was delineated for ongoing study purposes. Scopes of work were prepared and distributed to suitably qualified consultants for quotation. The work being undertaken by Blue Cap Mining is designed to cover the key approvals (which would lead to the submission of a Mining Proposal) and to confirm the economic viability of the deposits, with the current status as follows: Flora - the initial focus area is Lady Julie North 4 and access corridor. A field study has been completed as has plant identification. A report is due in late February. Fauna - a broad study area incorporating LJN4, LJC and HN9 is being targeted. Data capture in the field will commence in late February to identify vertebrate populations. An invertebrate study is being undertaken concurrently. Hydrology - the surface hydrology report has been completed. Groundwater - the regional scale groundwater assessment has been made. More detailed assessment of water sourcing and pit drawdowns during mining will be made as soon as pit designs are prepared.Soil - samples collected and currently being lab tested. DTM (digital terrain model) - a detailed surface model covering all the main deposit areas of significance has been completed.Optimisation - the first phase of optimization involving LJN4 and LJC was completed in January. The study has been repeated with variants to input parameters and is currently being evaluated. Native Title - to be undertaken concurrently with Mining Lease application. Heritage Survey - recently completed and a report pending. No sites have been identified near any of main gold deposits. Geotechnical - the consultant who will undertake geotechnical studies has been appointed. This work will cover pit wall slope angles and waste dump finalstability analysis. Metallurgical testing of Lady Julie Central ore and Lady Julie 4 ore (oxide/trans/fresh) confirmed gold recoveries of up to 95% via gravity/leaching, with a very high gravity component. The testing confirmed there were no adverse impacts likely during processing. Ore/waste characterization - the acid demand testwork of leach tailings andwaste rock is now in process with results expected during March. A review of key resources was completed and results reported. Further drilling on the basis of this release and review is in process to test open positions down dip and along strike, particularly of LJN4. Duyuru • Feb 03
Magnetic Resources NL Updates Mineral Resource Estimates from its Deposits in the Laverton and Homeward Bound Area Magnetic Resources NL announced an Updated Mineral Resource Estimates from its deposits in the Laverton and Homeward Bound area. The main deposits include HN9, Lady Julie Central, Lady Julie North 4, Mount Jumbo East and Homeward Bound South, which are all located in an area with well-endowed regional infrastructure including three processing plants within 35kms. The update follows extensive infill and down-dip drilling at the Lady Julie Central and Lady Julie N4 deposits. The verification and reporting of Mineral Resources on behalf of the Company was completed by its JORC Competent Person, Mr. M Edwards of Blue Cap Mining. The Mineral Resources Estimate has been prepared and reported in accordance with the 2012 Edition of the JORC Code. The Lady Julie Central (Indicated and Inferred) Resource of 1.36Mt at 1.67g/t Au for 73,100oz is 350m by 200m in area (Figure 2). The Indicated Category covers 48% of the tonnage total. There are some thicker intersections including a number of intersections that start from surface (Figure 3 a, b and c). The long section (Figure 4) shows a thickened near surface zone starting from surface on the northernend which gently plunges to the south-east forming two distinct zones. The potential to expand the resource at Lady July Central is considered strong on the basis of mineralized but isolated intersections to north and south along strike. The Lady Julie N4 (Indicated and Inferred) Resource of 3.3 Mt at 1.93 g/t for 204,900 oz covers 750m x150m in area (Figure 5) and is open down dip and to the east, which augers well for the potential size. The recent drilling results have increased both the quantity and the grade of the resource, and has permitted better definition of the nested, shallow-dipping lode structure. This resource is partly in the Indicated Category (28%) and is being infill drilled with a programme of 13 RC holes for 2,532m with most of these holes aiming to extend the mineralisation at depth (Figures 6 & 6 a and b). The long section (Figure 7) mainly shows a flat plunging thickened mineralised lodes that are shallowing to the north. The potential to expand the resource at LJN4 is considered strong on the basis of mineralized occurrences within the 12km long Chatterbox shear extending southwards from the LJN4 Deposit. A number of anomalous gold areas are being followed up in the current RC drilling programme which started on the 25 January 2022, with the aim of locating further satellite deposits. Drilling at the various deposits has been by a variety of methods, and the drill holes used in the modelling of each deposit are summarised below. In general, all holes are used to assist in geological interpretation, while DDH (Diamond), RC (Reverse Circulation) and RAB (Rotary Air Blast) are used for grade estimation. Historical drilling generally used RAB and Air Core (AC) drilling for initial exploration with most follow up and infill work being carried out using RC. Magnetic has used RC for its recent drilling programs at HN9 and Lady Julie. Bulk 1 metre samples were obtained from the drilling, from which composite 4m samples were prepared by spear sampling of the bulk 1m samples. 3kg of the composite sample was pulverized to produce a 50g charge for fire assay for gold. The assay results of the composite samples are used to determine which 1m samples from the rig's cyclone and splitter are selected for fire assay using the same method. One metre RC samples are assayed using a 50g charge and a fire assay method with an AAS finish which is regarded as appropriate. The technique provides an estimate of the total gold content.Industry standard standards and duplicates are used by the NATA registered laboratory conducting the analyses. Primary data is entered into an in-house database and checked by Magnetic's database manager. The data is subsequently exported to Micromine format files and imported into Micromine 2022 software for further validation, statistical analysis and resource estimation. There are two major mineralisation styles in the Laverton-Leonora deposits: quartz veining and stock working in the porphyries, and shear-hosted quartz veins on porphyry amphibolite contacts. Mineralised domains at HN9, LJC and LJN4 were digitized using mineralized trends. Drill data was flagged inside domain boundaries and composited to 1m intervals. Geostatistical analysis completed to determine top-cut of grades. A Dynamic Anisotropy Modelling methodology was adopted with inverse distance square for estimation. Duyuru • Jan 25
Magnetic Resources NL Announces Positive Metallurgical Results from Lady Julie Magnetic Resources NL announced results of preliminary metallurgical test work have been received on 6 composite samples of mineralisation from the Lady Julie Central and Lady Julie North 4 gold deposits near Laverton. Composite samples ranging from 27kg to 37kg were obtained from 1m intervals of RC drill holes selected to be representative of oxidation type, rock type and zone. The samples were processed in the Perth laboratory of Metallurgy Pty Ltd. The testwork comprised gravity concentration followed by cyanide leach testing at three grind sizes of 80% passing 150µm, 106µm and 75µm. The results for the 75µm grind size (48 hour leach) indicate the following: Overall gold recoveries range from 92.2% to 98.7%; Gravity concentration gold recoveries range from 35.3% to 75.1%; A reduction in grind size results in an increased recovery for all of the samples with P8075µm reporting the highest gold recoveries ranging from 92.2% to 98.7%; Reagent consumptions are low to moderate with: 0 to 48 hour cyanide consumption ranging from 0.4 to 0.7kg/t; 0 to 48 hour lime consumption ranging from 0.3 to 1.3kg/t. Reported Earnings • Oct 01
Full year 2022 earnings released: AU$0.035 loss per share (vs AU$0.042 loss in FY 2021) Full year 2022 results: AU$0.035 loss per share (improved from AU$0.042 loss in FY 2021). Revenue: AU$249.7k (down 50% from FY 2021). Net loss: AU$7.66m (loss narrowed 11% from FY 2021). Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Non-Executive Independent Chairman Eric Lim was the last independent director to join the board, commencing their role in 2011. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Apr 08
Less than half of directors are independent Following Company Secretary & Non-Executive Director Ben Donovan's arrival on 01 April 2022, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Non-Executive Independent Chairman Eric Lim was the last independent director to join the board, commencing their role in 2011. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 17
First half 2022 earnings: Revenues and EPS in line with analyst expectations First half 2022 results: AU$0.018 loss per share (up from AU$0.021 loss in 1H 2021). Revenue: AU$0 (down 100% from 1H 2021). Net loss: AU$4.03m (loss narrowed 11% from 1H 2021). Profit margin: (up from net loss in 1H 2021). The move to profitability was driven by lower revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has increased by 71% per year, which means it is well ahead of earnings. Recent Insider Transactions Derivative • Dec 15
Non-Executive Independent Chairman exercised options to buy AU$2.3m worth of stock. On the 13th of December, Jin Huei Lim exercised options to buy 2m shares at a strike price of around AU$0.30, costing a total of AU$446k. This transaction amounted to 19% of their direct individual holding at the time of the trade. Since June 2021, Jin Huei has owned 8.13m shares directly. Company insiders have collectively bought AU$870k more than they sold, via options and on-market transactions, in the last 12 months. Reported Earnings • Oct 01
Full year 2021 earnings released: AU$0.042 loss per share (vs AU$0.023 loss in FY 2020) Full year 2021 results: Net loss: AU$8.63m (loss widened 86% from FY 2020). Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has increased by 125% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Feb 17
New 90-day high: AU$1.47 The company is up 27% from its price of AU$1.15 on 19 November 2020. The Australian market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 21% over the same period. Is New 90 Day High Low • Feb 01
New 90-day high: AU$1.44 The company is up 27% from its price of AU$1.14 on 03 November 2020. The Australian market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 21% over the same period. Is New 90 Day High Low • Jan 15
New 90-day high: AU$1.30 The company is up 2.0% from its price of AU$1.28 on 16 October 2020. The Australian market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 21% over the same period. Is New 90 Day High Low • Oct 02
New 90-day low: AU$1.10 The company is down 15% from its price of AU$1.29 on 03 July 2020. The Australian market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 4.0% over the same period. Reported Earnings • Oct 01
Full year earnings released - AU$0.023 loss per share Over the last 12 months the company has reported total losses of AU$4.63m, with losses widening by 46% from the prior year. 
