Mmi.Ax
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.
Analyst recommendations
1 analysts · consensus BuyAt a glance
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.
News & coverage
0Sector rotation
Developing storylines
Analysis
AI analysisOpportunity
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
Signals & dispatch
Composite-score breakdown
Synthesis
MMI.AX operates in the aluminum mining sector, extracting and processing aluminum resources for industrial and commercial applications.
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.
- 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 pipelineIn focus — financials by report
Valuation
Revenue by segment
Business relationships
Supply chain
Peer comparison
Market position
Stress test
Predictor forecast
| Metric | Our forecast | Guidance | Consensus |
|---|---|---|---|
| EPS | —no estimate | —no estimate | 0,20 |
| Revenue | —no estimate | —no estimate | 436,0M AUD |
| Operating income | —no estimate | —no estimate | 85,0M AUD |
Options
Short squeeze
Earnings-call key lines
Consensus distribution
sell-side coverageEstimate revisions
consensus EPS · 26-week trendSell-side observations
Themes
ESG
Risk factors
- Net cash is negative after subtracting total debt.
Benchmarks vs cohort
Corporate actions / M&A
FX exposure
Comparable transactions
Derivatives & instruments
Physical assets
10 tracked| Asset | Type | Commodity | Country | Role |
|---|---|---|---|---|
| Bauxite Hills | Other | Aluminium / Primary Aluminium | Australia | Operating company |
| Bauxite Hills | Mine | Aluminium / Primary Aluminium | Australia | Operating company |
| Bauxite Hills stage II expansion | Other | Aluminium / Primary Aluminium | Australia | Operating company |
| Bauxite Hills stage II expansion | Mine | Aluminium / Primary Aluminium | Australia | Operating company |
| Bundi Coal Deposit | Mine | Coal | Australia | Operating company |
| Bundi Coal Deposit | Other | Coal | Australia | Operating company |
| Columboola Coal Deposit | Other | Coal | Australia | Operating company |
| Columboola Coal Deposit | Mine | Coal | Australia | Operating company |
| Goombi Coal Deposit | Mine | Coal | Australia | Operating company |
| Goombi Coal Deposit | Other | Coal | Australia | Operating company |
Actions
Ask Handelsavisen
- Market data
- Market data cache
- Issuer disclosures
- Public news
- Earnings transcripts
- Consensus estimates
- ESG data
- Dilution Ratio(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
- Net Cashcash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
- Capex To Revenuecapital_expenditure / revenue
- Return On Equitynet_income / total_equity
- Debt To Equity(short_term_debt + long_term_debt) / total_equity
- Cash Conversion Ratiooperating_cash_flow / net_income
- MMI.AX Market data — financials · 2026-05-28
- Metro Mining Ltd Market data — analyst estimates · 2026-05-28
Ownership & reference
Insider activity
Short positioning
Geographic breakdown
Intel & risk
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