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Firebird Metals Ltd.
(Sydney:FRB)
Firebird Metals Ltd. (FRB) vs. S&P 500 (SPY)
Firebird Metals Ltd. Business Overview & Revenue Model
Firebird Metals Ltd. Financial Statement Overview
| Breakdown | |||||
| TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 0.00 | 110.00K | 0.00 | 0.00 | 0.00 | 0.00 | Gross Profit |
| -8.51K | -10.67K | -58.35K | -61.62K | -4.91K | 0.00 | EBIT |
| ― | -4.72M | -1.27M | -1.17M | -3.39M | -270.00 | EBITDA |
| -696.47K | -4.89M | -891.67K | -1.10M | -3.39M | 0.00 | Net Income Common Stockholders |
| ― | -4.66M | -952.13K | -1.17M | -3.39M | -655.74K |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 5.07M | 5.07M | 1.30M | 500.65K | 3.81M | 4.34M | Total Assets |
| 12.88M | 12.88M | 6.72M | 4.13M | 5.20M | 5.24M | Total Debt |
| 0.00 | 0.00 | 0.00 | 56.39K | 113.38K | ― | Net Debt |
| -5.07M | -5.07M | -1.30M | -444.27K | -3.69M | ― | Total Liabilities |
| 245.59K | 245.59K | 333.42K | 191.22K | 259.42K | 3.98M | Stockholders Equity |
| 12.64M | 12.64M | 6.39M | 3.94M | 4.94M | 5.24M |
| Cash Flow | Free Cash Flow | ||||
| ― | -3.91M | -2.31M | -3.24M | -1.08M | -635.74K | Operating Cash Flow |
| ― | -2.16M | -718.80K | -1.00M | -303.17K | -635.74K | Investing Cash Flow |
| -772.37K | -1.75M | -1.69M | -2.24M | -779.23K | 0.00 | Financing Cash Flow |
| 0.00 | 7.68M | 3.21M | -64.00K | 4.89M | 635.74K |
Firebird Metals Ltd. Technical Analysis
Firebird Metals Ltd. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
77 Outperform | $47.76B | 8.07 | 20.21% | 9.36% | -11.33% | -32.11% | |
75 Outperform | $162.90B | 10.65 | 21.04% | 7.98% | -0.10% | 15.50% | |
68 Neutral | $185.27B | 10.72 | 26.20% | 5.24% | -2.47% | 57.01% | |
58 Neutral | $2.76B | 1,418.92 | -36.53% | 10.51% | -28.50% | -532.61% | |
54 Neutral | AU$1.73B | ― | -10.45% | 9.06% | 2.70% | -8.39% | |
49 Neutral | $1.95B | -1.50 | -22.00% | 3.79% | 0.66% | -27.40% | |
43 Neutral | ― | -18.77% | ― | ― | 59.95% |
Firebird Metals Ltd. Corporate Events
Firebird Metals Limited has been granted a mining lease for its Oakover Manganese Project, a significant step in its strategy to become a global leader in the manganese industry. The lease, which covers a large area and includes several pits and proposed facilities, is conditional on approval from the Department of Energy, Mines, Industry Regulation and Safety. The development of Oakover is crucial for Firebird’s vertical integration strategy, aiming to secure a 100% owned supply of manganese feedstock for its proposed manganese sulphate plant in China, thereby reinforcing its competitive position in the battery materials market.
Firebird Metals Ltd., listed on the Australian Securities Exchange, has released its financial report for the half year ending 31 December 2024. The report includes updates on the company’s corporate structure and governance, highlighting key personnel and their roles, as well as details about their registered office and other corporate services. This release provides stakeholders with a comprehensive overview of the company’s financial standing and operational framework, which is crucial for assessing its market position and future prospects.
Firebird Metals Limited has announced the successful production of lithium manganese iron phosphate (LMFP) batteries at its R&D center in China, in collaboration with Central South University. This marks a significant step in Firebird’s strategy to become a cost-effective leader in the manganese-based cathode material market. The innovative production process is expected to reduce operating costs by bypassing traditional crystallization steps, enhancing product quality and market positioning. The ongoing testwork, which includes 100 batches of LMFP button batteries, aims to provide critical data for potential clients and strengthen Firebird’s position in the global Li-ion battery market.
Firebird Metals has partnered with Sedgman Pty Ltd to market its innovative calcining kiln technology, achieving significant energy efficiencies and cost reductions. This strategic engagement is expected to enhance Firebird’s position in the mineral processing industry by capitalizing on the increasing demand for energy-efficient solutions and supporting the company’s efforts to commercialize globally.
Firebird Metals Ltd. announced the execution of four non-binding offtake Memorandums of Understanding (MOUs) with Chinese battery cathode manufacturers for its manganese sulphate and manganese tetra-oxide production from its plant in Jinshi, China. These agreements cover up to 70% of potential manganese sulphate production and up to 100% of manganese tetra-oxide production, highlighting strong demand in China and positioning Firebird as a competitive player in the battery materials market. The company has secured all necessary permits and completed preliminary designs for its operations, emphasizing its strategic focus on cost-effective, high-performance battery materials to support the electric vehicle sector.
Firebird Metals Limited announced a delay in the lodging of Appendices 3Y for three directors due to an administrative oversight, which they have since rectified. The company has implemented a notification system to ensure compliance with ASX listing rules, reflecting their commitment to regulatory obligations.
Firebird Metals Limited has announced the cessation of 9,250,000 securities, specifically options that expired on December 3, 2024, without being exercised or converted. This development may impact the company’s capital structure and market positioning, as it reflects a change in the securities offered by the company, which stakeholders should note when considering the company’s financial and strategic outlook.
Firebird Metals Limited announced significant progress in its Chinese LMFP battery strategy with the approval of the preliminary design for a high-purity manganese sulphate plant in Hunan, China. This milestone, achieved within a year, highlights the company’s efficient planning and commitment to energy savings with its advanced kiln technology. Additionally, Firebird has formed a strategic collaboration with Central South University to develop Lithium Manganese Iron Phosphate for cathode materials, with initial results expected soon. The company also signed an important agreement with the Karlka Nyiyaparli Aboriginal Corporation, covering future development at the Oakover project, aligning with its long-term strategy to supply its manganese sulphate plants.