MEDALLION METAL LIMITED (MM8)
Share Price Analysis and Chart

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MM8

MM8 - MEDALLION METAL LIMITED

FNArena Sector : Gold & Silver
Year End: June
GICS Industry Group : Materials
Debt/EBITDA: -0.93
Index:

LAST PRICE CHANGE +/- CHANGE % VOLUME

$0.185

25 Mar
2025

-0.005

OPEN

$0.19

-2.63%

HIGH

$0.20

634,303

LOW

$0.18

TARGET
$0.27 45.9% upside
OTHER COMPANIES IN THE SAME SECTOR
A1M . AAM . AAR . ADT . ALK . AMI . ASL . AUE . BC8 . BEZ . BGL . BTR . CEL . CMM . CNB . CVV . CY5 . CYL . DEG . EMR . EVN . EVR . FFM . FFM . FND . GMD . GOR . GPR . HGO . IGO . KCN . KGL . MAU . MEI . MEK . MML . NEM . NST . NVA . OBM . PDI . PNR . PRU . RMS . RRL . RSG . RXL . SBM . SMI . SPR . SSR . STM . STN . SVL . TBR . TCG . TRE . TTM . VAU . WAF . WGX . WIA .
FNARENA'S MARKET CONSENSUS FORECASTS
MM8: 1
Title FY23
Actual		 FY24
Actual		 FY25
Forecast		 FY26
Forecast
EPS (cps) xxx - 1.0 - 2.0 xxx
DPS (cps) xxx 0.0 0.0 xxx
EPS Growth xxx N/A N/A xxx
DPS Growth xxx N/A N/A xxx
PE Ratio xxx N/A N/A xxx
Dividend Yield xxx N/A 0.0% xxx
Div Pay Ratio(%) xxx N/A N/A xxx

Dividend yield today if purchased 3 years ago: N/A

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 N/A

Estimated Dividend Growth
(Average Of Past Three Years)

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages
HISTORICAL DATA ARE ALL IN AUD
Copyright © 2025 FactSet UK Limited. All rights reserved
Title 201920202021202220232024
EPS Basic xxxxxxxxxxxxxxx-1.0
DPS All xxxxxxxxxxxxxxx0.0
Sales/Revenue xxxxxxxxxxxxxxx0.8 M
Book Value Per Share xxxxxxxxxxxxxxx3.9
Net Operating Cash Flow xxxxxxxxxxxxxxx-1.5 M
Net Profit Margin xxxxxxxxxxxxxxx-387.90 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201920202021202220232024
Return on Capital Employed xxxxxxxxxxxxxxx-27.02 %
Return on Invested Capital xxxxxxxxxxxxxxx-20.49 %
Return on Assets xxxxxxxxxxxxxxx-18.37 %
Return on Equity xxxxxxxxxxxxxxx-27.02 %
Return on Total Capital xxxxxxxxxxxxxxx-23.13 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-1.5 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 201920202021202220232024
Short-Term Debt xxxxxxxxxxxxxxx0 M
Long Term Debt xxxxxxxxxxxxxxx3 M
Total Debt xxxxxxxxxxxxxxx3 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx2 M
Price To Book Value xxxxxxxxxxxxxxx1.39

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201920202021202220232024
Capex xxxxxxxxxxxxxxx0.6 M
Capex % of Sales xxxxxxxxxxxxxxx77.77 %
Cost of Goods Sold xxxxxxxxxxxxxxx-
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx4 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx0 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

1.0

No. Of Recommendations

1
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Morgans

05/11/2024

1

Initiation of coverage with Speculative Buy

$0.27

45.95%

Morgans initiates coverage of Medallion Metals with a Speculative Buy rating and a 27c target price.

The broker believes Medallion Metals is one of the companies capitalising on a high gold price and utilising existing infrastructure to generate cash flows.

The analyst highlights the company as attractive due to its low capex, high-grade resource, and potential for robust margins. A speedy payback is anticipated with copper credits and M&A appeal.

Morgans notes Medallion Metals owns the Ravensthorpe Gold Project in SE Western Australia with a mineral resource of 1.3moz, including a high-grade component.

The company also has the option to acquire Forrestania Nickel operations' processing and adjacent infrastructure from IGO Ltd ((IGO)).

Speculative Buy. Target 27c.

FORECAST
Morgans forecasts a full year FY25 dividend of 0.00 cents and EPS of minus -2.00 cents.
Morgans forecasts a full year FY26 dividend of 0.00 cents and EPS of 13.00 cents.
Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

1

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Petra Capital

24/03/2025

1

Initiation of coverage with Buy

$0.31

67.57%

Petra Capital has initiated coverage of Medallion Metal with a Buy rating and target price of 31c.

The scoping study for the Ravensthorpe Gold Project in December showed a production estimate of 62kozpa gold and 2.4ktpa copper over a 5.5-year mine life. However, the broker's valuation is based on a mine life of 7.5 years based on an additional 33% resource conversion.

The broker expects strong cash flow and benefits from low capex due to the proposed acquisition of the Cosmic Boy process plant from IGO Ltd ((IGO)).

Upside potential is from more commercialisation opportunities, including the Trilogy deposit and stranded gold deposits closer to the Cosmic Boy plant.

FORECAST
Petra Capital forecasts a full year FY25 dividend of 0.00 cents and EPS of minus -0.80 cents.
Petra Capital forecasts a full year FY26 dividend of 0.00 cents and EPS of minus -1.10 cents.
Access Extra Coverage Research History >

MM8 STOCK CHART

FNArena News on MM8

1
Australian Broker Call *Extra* Edition – Mar 26, 2025

Mar 26 2025 - Daily Market Reports
2
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