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Companies Basic Materials MMI.AX
MM
MMI.AX ASX Aluminum

Mmi.Ax

A$1,54
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AUD
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1D5D1M3M6MYTD1Y5YMax
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Mcap
P/E
EV / Rev
Div yield
Op margin
26,4 %
ROE
76,2 %
Net margin
37,6 %
Debt / equity
0,48
Beta
52w range
Volume
Day range
Prev close
Open
Next earnings
Ex-dividend
TR 1Y
About

MMI.AX operates in the aluminum mining sector, extracting and processing aluminum resources for industrial and commercial applications.

Business. MMI.AX operates in the aluminum mining sector, extracting and processing aluminum resources for industrial and commercial applications.

Classification92 %
SectorBasic Materials
Business sectorMineral Resources
IndustryAluminum
ActivityMining
Generated · model-assisted
Sell-side consensus
BUY1 analysts
1 buy0 hold0 sell
Avg 12m price target3,00

Analyst recommendations

1 analysts · consensus Buy
Buy1
Hold0
Sell0
12-month price target
3,00
Consensus of sell-side coverage.
Upcoming events
— missing data
See all catalysts →

At a glance

Score
not yet scored
Valuation
valuation pending
Analysts
Buy
1 analysts · indicative
Ownership
not yet wired
Profitability
76,2 %
return on equity
Quality
not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning MMI.
  • Sector rotation

    Sector1D1Mvs mkt
    Materials · THIS SECTOR+2,3 %+6,6 %+1,7 %
    Communication Services+2,2 %−5,5 %+1,7 %
    Energy+0,6 %+3,3 %+0,0 %
    Health Care+0,6 %−0,8 %+0,0 %
    Consumer Discretionary+0,4 %+7,7 %−0,2 %
    Information Technology+0,3 %+7,8 %−0,3 %
    Financials−0,3 %−2,8 %−0,9 %
    Consumer Staples−0,4 %+2,5 %−1,0 %
    Real Estate−0,7 %+10,9 %−1,3 %
    Industrials−1,9 %−3,1 %−2,5 %
    Utilities−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to MMI.AX. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • 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

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Synthesis

    Business

    MMI.AX operates in the aluminum mining sector, extracting and processing aluminum resources for industrial and commercial applications.

    Classification92 %
    SectorBasic Materials
    Business sectorMineral Resources
    IndustryAluminum
    ActivityMining
    AI synthesis
    GENERATED

    MMI.AX has a debt-to-equity ratio of 0.48, indicating a relatively conservative capital structure with a moderate reliance on debt financing. The company's liquidity position is assessed as medium, with a current ratio of 0.84, suggesting that it may face challenges in meeting short-term obligations without additional liquidity sources.

    The company's profitability is strong, with a return on equity (ROE) of 76.17% and a return on assets (ROA) of 39.39%. These figures are well above the typical thresholds for the aluminum industry, indicating that the company is effectively utilizing its equity and assets to generate returns.

    MMI.AX's revenue is concentrated in a single business segment, as disclosed in its financial reports, with no geographic diversification provided in the available data. This lack of diversification may expose the company to higher operational and market risks if the aluminum sector experiences a downturn.

    The company's growth trajectory is positive, with a free cash flow of 155,162,000 AUD and a capital expenditure of -11,642,000 AUD, indicating that it is generating substantial cash and reinvesting a small portion back into operations. The outlook for the current fiscal year suggests continued growth, although specific numeric deltas for the next fiscal year are not provided in the available data.

    The risk assessment for MMI.AX highlights a medium liquidity risk and a low dilution risk. The company's net cash position is negative after accounting for total debt, which could impact its ability to fund operations without external financing. However, the dilution risk is low, suggesting that the company is not expected to issue additional shares in the near term.

    Recent events and filings for MMI.AX do not include any significant corporate actions or earnings transcripts in the provided data. The company's financial performance and risk profile are primarily derived from its latest financial statements and analyst estimates.

    Key takeaways
    • MMI.AX has a strong profitability profile with a high ROE and ROA.
    • The company maintains a conservative capital structure with a low debt-to-equity ratio.
    • Liquidity is a concern, as the current ratio is below 1, indicating potential short-term financial stress.
    • The company's revenue is not diversified across segments or geographies, increasing exposure to sector-specific risks.
    • Analysts have a neutral to slightly positive outlook, with a mean recommendation of 2.00 and a mean price target of 3.00 AUD.

    Bull / Bear case

    analysis pipeline
    — missing data

    In focus — financials by report

    Valuation

    Market price
    A$1,54
    Market cap
    Enterprise value
    P/E
    Non-GAAP P/E
    EV / Revenue
    EV / Op income
    EV / OCF
    P / B
    P / Tangible book
    Tangible book
    A$186.9M
    Net cash
    -A$90.0M
    Current ratio
    0.8
    Debt / equity
    0.5
    ROA
    39.4%
    ROE
    76.2%
    Cash conversion
    53.0%
    CapEx / revenue
    -3.1%
    SBC / revenue
    Dilution ratio
    0.0%

    Revenue by segment

    Market share

    — missing data

    Business relationships

    Business relationships15 disclosed relationships · 1 type · extracted from filings & disclosures
    Subsidiaries15
    EX21:119439688439EX21:119439688439Subsidiarie97%
    EX21:162227f97266EX21:162227f97266Subsidiarie97%
    EX21:25288ef2facfEX21:25288ef2facfSubsidiarie97%
    EX21:307cb976d529EX21:307cb976d529Subsidiarie97%
    EX21:536de025d9f6EX21:536de025d9f6Subsidiarie97%
    EX21:53a42a861669EX21:53a42a861669Subsidiarie97%
    EX21:74725dd1d3ccEX21:74725dd1d3ccSubsidiarie97%
    EX21:7b12469857e0EX21:7b12469857e0Subsidiarie97%
    EX21:7ec87340fe8bEX21:7ec87340fe8bSubsidiarie97%
    EX21:92e19cb86aeeEX21:92e19cb86aeeSubsidiarie97%
    EX21:9b9e30a9357bEX21:9b9e30a9357bSubsidiarie97%
    EX21:a124c8ebd2eeEX21:a124c8ebd2eeSubsidiarie97%
    EX21:e0f2aa0fa2e0EX21:e0f2aa0fa2e0Subsidiarie97%
    EX21:ee7927df1790EX21:ee7927df1790Subsidiarie97%
    EX21:f8799e40476bEX21:f8799e40476bSubsidiarie97%

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Next quarternear-term
    Earnings · next quarterconf 45 %
    EPS
    Consensus EPS
    0,20
    Predicted surprise
    +0,00
    Beat probability
    45 %
    Analysts
    1
    Other metrics
    Revenue
    no estimate
    Segment revenue
    no estimate
    Margin
    no estimate
    Segment margin
    no estimate
    as of 2026-05-04 · Earnings Surprise V1
    Period note: consensus is not fiscal-period-aligned at source — read as consensus vs the last reported actual, not a calibrated same-quarter surprise.
    Full fiscal year~1 year ahead
    Full fiscal year · our forecast vs guidance vs consensus
    MetricOur forecastGuidanceConsensus
    EPSno estimateno estimate0,20
    Revenueno estimateno estimate436,0M AUD
    Operating incomeno estimateno estimate85,0M AUD
    Full-year consensus mean (period as reported by source) · consensus in AUD. Company-level full-year forecast and management guidance are not yet modelled at scale — shown as "no estimate", never inferred.
    Probabilistic model output — not investment advice. · generated 2026-08-04

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Consensus distribution

    sell-side coverage
    Recommendation distribution1 analysts
    Strong buy0
    Buy1
    Hold0
    Sell0
    Strong sell0
    12-month price targetA$3,00 · Median A$3,00
    Low A$3,00High A$3,00
    Operating income · consensus85,0M AUD
    EPS surprise
    +70,0 %
    reported vs consensus · beat
    Revenue surprise
    −13,2 %
    reported vs consensus · miss

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    LowA$3,00
    MeanA$3,00
    MedianA$3,00
    HighA$3,00
    SpotA$1,54
    +94.2 %implied to mean12-month sell-side price targets · ▲ spot

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskMedium
    Filing-based flags
    • Net cash is negative after subtracting total debt.

    Benchmarks vs cohort

    Op Margin26,4 %Best in class
    Net Margin37,6 %Best in class
    ROE76,2 %Best in class
    Capex / Rev-3,1 %Below median
    D/E0,48Above median
    Cash Conv0,53Below median

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Physical assets

    10 tracked
    AssetTypeCommodityCountryRole
    Bauxite HillsOtherAluminium / Primary AluminiumAustraliaOperating company
    Bauxite HillsMineAluminium / Primary AluminiumAustraliaOperating company
    Bauxite Hills stage II expansionOtherAluminium / Primary AluminiumAustraliaOperating company
    Bauxite Hills stage II expansionMineAluminium / Primary AluminiumAustraliaOperating company
    Bundi Coal DepositMineCoalAustraliaOperating company
    Bundi Coal DepositOtherCoalAustraliaOperating company
    Columboola Coal DepositOtherCoalAustraliaOperating company
    Columboola Coal DepositMineCoalAustraliaOperating company
    Goombi Coal DepositMineCoalAustraliaOperating company
    Goombi Coal DepositOtherCoalAustraliaOperating company
    Tracked physical assets associated with this issuer (operated, managed, or owned).

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    How metrics are computed
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Net Cash
      cash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
    • Capex To Revenue
      capital_expenditure / revenue
    • Return On Equity
      net_income / total_equity
    • Debt To Equity
      (short_term_debt + long_term_debt) / total_equity
    • Cash Conversion Ratio
      operating_cash_flow / net_income
    Source documents
    • MMI.AX Market data — financials · 2026-05-28
    • Metro Mining Ltd Market data — analyst estimates · 2026-05-28

    Ownership & reference

    Insider activity

    — missing data

    Short positioning

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    MMI.AXCanonical
    ASX · AUD

    Intel & risk

    PredictorBeat prob45 %Surprise+0,00Full forecast →
    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskMedium
    Net cash is negative after subtracting total debt.
    Relationship graph
    MMIEX21:119EX21:162EX21:252EX21:307EX21:536EX21:53aEX21:747EX21:7b1EX21:7ecEX21:92eAluminum
    This companySectorSubsidiaries

    Evidence & claims

    From filings & derived data
    • EPS (basic) (YoY) (2025-12-31 vs 2024-12-31): 84.4%Derived (calculated)
    • Debt-to-equity (FY 2025-12-31): 0.37xDerived (calculated)
    • Revenue (YoY) (2025-12-31 vs 2024-12-31): 8.5%Derived (calculated)
    • Return on assets (FY 2025-12-31): -0.2%Derived (calculated)
    • Net income (YoY) (2025-12-31 vs 2024-12-31): 84.6%Derived (calculated)
    • Current ratio (FY 2025-12-31): 2.55xDerived (calculated)
    • Operating cash flow (YoY) (2025-12-31 vs 2024-12-31): 207.0%Derived (calculated)
    • Return on equity (FY 2025-12-31): -0.3%Derived (calculated)
    • Operating income (YoY) (2025-12-31 vs 2024-12-31): 58.3%Derived (calculated)
    • Total liabilities (YoY) (2025-12-31 vs 2024-12-31): -6.2%Derived (calculated)
    • Total assets (YoY) (2025-12-31 vs 2024-12-31): -4.9%Derived (calculated)
    • Shareholders' equity (YoY) (2025-12-31 vs 2024-12-31): -4.4%Derived (calculated)
    • EPS (diluted) (YoY) (2025-12-31 vs 2024-12-31): 84.4%Derived (calculated)
    • Net margin (FY 2025-12-31): -0.3%Derived (calculated)
    • Capex (YoY) (2025-12-31 vs 2024-12-31): -0.0%Derived (calculated)
    • Pre-tax income (annual): USD 3.02MSEC XBRL filing
    • EPS (diluted) (annual): USD-PER-SHARES -0SEC XBRL filing
    • Total liabilities (annual): USD 224.08MSEC XBRL filing
    • Net income (annual): USD -1.91MSEC XBRL filing
    • Total operating expenses (annual): USD 768.87MSEC XBRL filing
    • Revenue (annual): USD 755.16MSEC XBRL filing
    • Shareholders' equity (annual): USD 603.1MSEC XBRL filing
    • Operating cash flow (annual): USD 66.66MSEC XBRL filing
    • Shares outstanding (annual): 38.42MSEC XBRL filing
    Showing 24 of 60 surfaced claims.
    Atomic claims from regulatory filings and derived calculations. Provenance shown as source kind only.

    The Thread

    Everything we know, in order
    2026-10-28EVENTUpcomingQ3 2026 earnings (expected) estimated date
    2026-06-30 03:38 UTCEARNINGSUpcomingForecast: earnings_forecast (90d)
    2026-06-30 03:38 UTCEARNINGSUpcomingForecast: ma_probability (180d)
    2026-06-23 03:11 UTCHOLDERInstitutional holding changed
    2026-06-23 03:11 UTCHOLDER1 institutional position change flagged (1 major)
    2026-06-21 02:57 UTCHOLDERInstitutional holding changed
    2026-06-21 02:57 UTCHOLDER1 institutional position change flagged (1 major)
    2026-06-11 00:00 UTCINSIDER3 insider transactions — 2026-06
    2026-06-11INSIDERNadji Hessam sold 500 sh — Director, Chief Executive Officer ~$15k
    2026-06-10INSIDERNadji Hessam transacted 4.5k sh — Director, Chief Executive Officer
    2026-06-10INSIDERNadji Hessam transacted 500 sh — Director, Chief Executive Officer
    2026-05-08 00:00 UTCINSIDER5 insider transactions — 2026-05 3 derivative
    2026-05-08INSIDERParker John David transacted 2.0k sh — EVP & COO
    2026-05-08INSIDERParker John David transacted 1.0k sh — EVP & COO ~$31k
    2026-05-08INSIDERParker John David disposed of 2.0k sh Restricted Stock Units — EVP & COO
    2026-05-07FILING10-Q filing →
    2026-05-07FILING8-K filing →
    2026-05-04INSIDERDe Bosschere Fabrice acquired 7.5k sh Restricted Stock Units — Chief Accounting Officer
    2026-05-04INSIDERParker John David acquired 20.0k sh Restricted Stock Units — EVP & COO
    2026-05-01FILING8-K filing →
    2026-04-30 00:00 UTCINSIDER7 insider transactions — 2026-04 · net buy $525k
    2026-04-30INSIDERMARTIN LAURALEE transacted 2.7k sh — Director ~$75k
    2026-04-30INSIDERWatters Don C. transacted 2.7k sh — Director ~$75k
    2026-04-30INSIDERSHAHEEN GEORGE T transacted 2.7k sh — Director ~$75k
    2026-04-30INSIDERLawrence Norma J. transacted 2.7k sh — Director ~$75k
    2026-04-30INSIDERMcClanahan Nicholas F. transacted 2.7k sh — Director ~$75k
    2026-04-30INSIDEREnglish Dixon Collete transacted 2.7k sh — Director ~$75k
    2026-04-30INSIDERMARCUS GEORGE M transacted 2.7k sh — Director, 10% owner ~$75k
    2026-03-18FILINGDEF 14A filing →
    2026-03-13 00:00 UTCINSIDER72 insider transactions — 2026-03 · net sell $1.2M 23 derivative
    2026-03-13INSIDERNadji Hessam sold 1.3k sh — Director, Chief Executive Officer ~$33k
    2026-03-12INSIDERNadji Hessam transacted 1.3k sh — Director, Chief Executive Officer
    2026-03-11INSIDERNadji Hessam transacted 5.7k sh — Director, Chief Executive Officer
    2026-03-10INSIDERDe Bosschere Fabrice transacted 158 sh — Chief Accounting Officer
    2026-03-10INSIDERDe Bosschere Fabrice transacted 65 sh — Chief Accounting Officer ~$2k
    2026-03-10INSIDERDe Bosschere Fabrice transacted 1.0k sh — Chief Accounting Officer
    2026-03-10INSIDERDe Bosschere Fabrice transacted 369 sh — Chief Accounting Officer ~$10k
    2026-03-10INSIDERDe Bosschere Fabrice transacted 117 sh — Chief Accounting Officer
    2026-03-10INSIDERDe Bosschere Fabrice transacted 42 sh — Chief Accounting Officer ~$1k
    2026-03-10INSIDERDe Bosschere Fabrice transacted 600 sh — Chief Accounting Officer
    Showing the 40 most recent of 67 entries.
    The entity's full life in the product — typed, chronological, joined across Newspaper, Platform and Data. Our memory, made visible.
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage