Alm.Ax
ALM.AX operates in the specialty mining and metals sector, focusing on the extraction and processing of rare earth elements and other specialty minerals.
Business. ALM.AX operates in the specialty mining and metals sector, focusing on the extraction and processing of rare earth elements and other specialty minerals.
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- Company
- EarningsQ3 2026 earnings (expected)2026-10-28 · estimated
- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
Signals & dispatch
Composite-score breakdown
Synthesis
ALM.AX operates in the specialty mining and metals sector, focusing on the extraction and processing of rare earth elements and other specialty minerals.
ALM.AX has a current liquidity position characterized by a current ratio of 1.93, indicating that the company has sufficient current assets to cover its current liabilities. The company's total liabilities amount to 560,220 AUD, while its total equity stands at 3,010,730 AUD, resulting in a debt-to-equity ratio of 0.0, which suggests a strong equity position with no long-term debt.
The company's profitability is currently negative, with a return on equity of -1.2215 and a return on assets of -1.0299, indicating that it is not generating returns for its shareholders or effectively utilizing its assets. These metrics are below the industry median for the Specialty Mining & Metals sector, which typically sees positive returns during periods of high commodity prices.
ALM.AX's revenue is primarily concentrated in its core operations, with no disclosed geographic or segment breakdown in the latest financial data. The company's operations are likely centered in Australia, given the ticker's.AX suffix, but no specific geographic revenue distribution is available.
The company's growth trajectory is currently negative, with a net income of -3,677,750 AUD and an operating income of -3,677,340 AUD. The operating cash flow is also negative at -2,850,860 AUD, and the free cash flow is -3,658,800 AUD, indicating that the company is not generating positive cash flows from operations.
The risk assessment for ALM.AX indicates a low level of liquidity and dilution risk. There are no immediate filing-based liquidity or dilution flags, and the company's capital structure is currently free of long-term debt, which reduces financial leverage risk. The company's capital expenditure is minimal at -6,720 AUD, suggesting a conservative approach to capital investment.
Recent events and filings for ALM.AX have not indicated any significant changes in the company's operations or financial strategy. The latest actual EPS is -0.58 AUD, reflecting the company's current earnings performance.
- ALM.AX is currently experiencing negative profitability, with a return on equity of -1.2215 and a return on assets of -1.0299.
- The company has a strong equity position with a debt-to-equity ratio of 0.0, indicating no long-term debt.
- ALM.AX's liquidity position is stable, with a current ratio of 1.93, but the company is not generating positive cash flows from operations.
- The company's growth trajectory is negative, with a net income of -3,677,750 AUD and an operating income of -3,677,340 AUD.
- ALM.AX has a low level of liquidity and dilution risk, with no immediate filing-based flags detected.
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consensus EPS · 26-week trendSell-side observations
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Risk factors
- No immediate filing-based liquidity or dilution flags were detected.
Benchmarks vs cohort
Corporate actions / M&A
FX exposure
Comparable transactions
Derivatives & instruments
Physical assets
8 tracked| Asset | Type | Commodity | Country | Role |
|---|---|---|---|---|
| Mmamabula West Coal Mine | Coal mine | Coal | Botswana | Registered owner |
| Mmamabula West Coal Mine | Coal mine | Coal | Botswana | Parent |
| Mmamantswe power station | Power | Coal | Botswana | Parent |
| Mmamantswe power station | Power | Coal | Botswana | Registered owner |
| Mmamantswe power station | Power | Power | Botswana | Parent |
| Mmamantswe power station | Power | Power | Botswana | Registered owner |
| Sese Coal Mine | Coal mine | Coal | Botswana | Parent |
| Sese Coal Mine | Coal mine | Coal | Botswana | Registered owner |
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- Return On Equitynet_income / total_equity
- Debt To Equity(short_term_debt + long_term_debt) / total_equity
- Cash Conversion Ratiooperating_cash_flow / net_income
- Return On Assetsnet_income / total_assets
- ALM.AX Market data — financials · 2026-05-27
- Alma Metals Ltd Market data — analyst estimates · 2026-05-27
Ownership & reference
Leadership
- Alasdair Campbell CookeExecutive Chairman of the Board
- Charles Frazer TabeartChief Executive Officer, Executive Director