MMI metro mining limited
Add to My Watchlist 6.82% ! 9.4¢

Interested to know what people's target prices are for this...

  1. KingBoss
    11 Posts.
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    16/12/19
    14:27
    Post #: 41990387
    Interested to know what people's target prices are for this stock? Current valuation seems extremely low on an EV/EBITDA basis (i.e. trades at 3.5x at current production levels and 2.6x if you factor in the stage 2 expansion).

    Assuming a 4.0x - 5.5x multiple range, 6wmt of production and the current EBITDA margin implies a share price of 0.24 - 0.34 cents.

    Seems like this company has material upside potential via either a multiple re-rate or derisking of the stage 2 expansion (provided that the Bauxite prices holds).

    https://hotcopper.com.au/data/attachments/1886/1886476-dac1de2f1ddbc11cdf20f1312efc4ee6.jpg
    MMI Price at posting: 14.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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Last
9.4¢ 		Change
0.006(6.82%) 		Mkt cap ! $573.3M
Open High Low Value Volume
8.6¢ 9.5¢ 8.6¢ $3.466M 37.97M

Buyers (Bids)

No. Vol. Price($)
2 45000 9.3¢
 

Sellers (Offers)

Price($) Vol. No.
9.4¢ 1881801 5
View Market Depth
Last trade - 16.10pm 17/09/2025 (20 minute delay) ?
MMI (ASX) Chart
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