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Scorpion Minerals Limited
(Sydney:SCN)
Scorpion Minerals Limited (SCN) vs. S&P 500 (SPY)
Scorpion Minerals Limited Business Overview & Revenue Model
Scorpion Minerals Limited Financial Statement Overview
| Breakdown | ||||
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 0.00 | 0.00 | 960.00K | 0.00 | 0.00 | Gross Profit |
| 0.00 | 0.00 | 270.00 | 0.00 | 0.00 | EBIT |
| -3.19M | -3.08M | -1.17M | -2.15M | -766.34K | EBITDA |
| 6.71K | 0.00 | -867.74K | 0.00 | 0.00 | Net Income Common Stockholders |
| -3.20M | -3.24M | -943.54K | -2.24M | -818.45K |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 367.77K | 389.09K | 2.10M | 133.87K | 167.21K | Total Assets |
| 5.92M | 4.97M | 5.59M | 2.33M | 2.42M | Total Debt |
| 719.14K | 904.81K | 1.20M | 1.28M | 1.30M | Net Debt |
| 351.37K | 515.72K | -905.75K | 1.15M | 1.13M | Total Liabilities |
| 1.67M | 1.98M | 1.90M | 2.68M | 3.58M | Stockholders Equity |
| 4.25M | 2.99M | 3.69M | -347.57K | -1.17M |
| Cash Flow | Free Cash Flow | |||
| -2.80M | -2.42M | -2.03M | -1.39M | -368.43K | Operating Cash Flow |
| -2.80M | -2.32M | -2.03M | -1.39M | -368.43K | Investing Cash Flow |
| 0.00 | 845.51K | 0.00 | 0.00 | 0.00 | Financing Cash Flow |
| 2.78M | -239.32K | 3.99M | 1.35M | 530.89K |
Scorpion Minerals Limited Technical Analysis
Scorpion Minerals Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
58 Neutral | $2.76B | 1,418.92 | -36.53% | 10.51% | -28.50% | -532.61% | |
49 Neutral | $1.96B | -1.42 | -21.96% | 3.81% | 0.71% | -27.38% | |
47 Neutral | €424.04M | ― | -16.63% | ― | ― | 57.93% | |
45 Neutral | $87.86M | ― | -15.37% | ― | ― | -34.41% | |
40 Underperform | $69.09M | ― | -36.70% | ― | ― | -320.07% | |
40 Underperform | AU$42.31M | ― | -51.66% | ― | ― | 59.92% | |
33 Underperform | AU$8.91M | ― | -134.74% | ― | ― | -46.67% |
Scorpion Minerals Limited Corporate Events
Scorpion Minerals Limited announced a change in the director’s interest, with Peter David Koller acquiring additional securities. This acquisition, part of a company placement approved by shareholders, increases his holdings significantly, reflecting a strategic move that could influence the company’s market position and stakeholder interests.
Scorpion Minerals Limited announced a change in the interest of its director, Mr. Michael Kitney, who has acquired 750,000 fully paid ordinary shares and 375,000 unlisted options. This acquisition was made by converting unpaid director’s fees into shares, aligning with the company’s placement terms approved by shareholders. This move reflects the company’s strategy to manage director compensation and align interests with shareholder value.
Scorpion Minerals Limited has announced a change in the director’s interest, specifically for Director Kate Stoney. The change involves the conversion of unpaid director’s fees into shares, aligning with the company’s placement terms announced earlier in February 2025. This conversion was approved by shareholders at the Extraordinary General Meeting held on 17 April 2025, and it includes free attaching options. This move reflects the company’s strategy to manage director compensation and align it with shareholder interests, potentially impacting the company’s financial structuring and stakeholder relations.
Scorpion Minerals Limited has announced the issuance of 6,250,000 unquoted options set to expire on April 24, 2026, with an exercise price of $0.04. This move is part of a previously announced transaction and is not intended to be quoted on the ASX, potentially impacting the company’s financial strategy and stakeholder interests.
Scorpion Minerals Limited has announced the issuance of 50,800,000 unquoted equity securities in the form of options expiring on April 24, 2026, with an exercise price of $0.04. This move is part of previously announced transactions and is intended to support the company’s strategic initiatives, potentially impacting its market positioning and offering opportunities for stakeholders to engage with the company’s growth trajectory.
Scorpion Minerals Limited has issued 11,850,000 fully paid ordinary shares following approval at its Extraordinary General Meeting. This issuance, compliant with the Corporations Act 2001, allows the shares to be exempt from certain on-sale restrictions, potentially enhancing liquidity and market presence for the company.
Scorpion Minerals Limited has announced the quotation of 11,850,000 ordinary fully paid securities on the Australian Securities Exchange (ASX) as of April 24, 2025. This move is part of previously announced transactions and may enhance the company’s liquidity and market presence, potentially impacting its operations and positioning within the industry.
Scorpion Minerals Limited announced the issuance of 500,000 fully paid ordinary shares following the exercise of options expiring on April 21, 2025. This move, compliant with the Corporations Act 2001, allows the shares to be sold without disclosure, potentially enhancing liquidity and market positioning for the company.
Scorpion Minerals Limited has announced the issuance of 500,000 fully paid ordinary securities to be quoted on the Australian Securities Exchange (ASX) as of April 17, 2025. This move reflects the company’s strategic efforts to enhance its capital structure and potentially expand its operational capabilities, which could have significant implications for its market positioning and stakeholder interests.
Scorpion Minerals Limited announced a change in the director’s interest, with Peter David Koller acquiring an additional 400,000 fully paid ordinary shares through an on-market purchase, increasing his total holdings to 8,930,363 shares. This transaction, valued at $7,200, occurred during a closed period but was permitted with prior written clearance, indicating compliance with regulatory requirements and potentially strengthening the director’s confidence in the company’s future prospects.
Scorpion Minerals Limited has reaffirmed the details of its Mt Mulcahy Mineral Resource, originally announced in 2014, confirming no material changes to the data. The announcement underscores the company’s commitment to transparency and accuracy in its reporting, which is crucial for maintaining investor confidence and industry credibility.
Scorpion Minerals Limited has issued 12,500,000 fully paid ordinary shares as part of a placement announced on 27 March 2025. This issuance is in compliance with the Corporations Act 2001, allowing the shares to be sold without disclosure under specific exemptions. This move is expected to enhance the company’s capital structure and potentially improve its market positioning.
Scorpion Minerals Limited has announced the issuance of 12,500,000 ordinary fully paid securities, which are set to be quoted on the Australian Securities Exchange (ASX) under the code SCN. This move is part of previously announced transactions and signifies a strategic step in enhancing the company’s capital structure, potentially impacting its market position and offering new opportunities for stakeholders.
Scorpion Minerals Limited has announced a proposed issue of securities, involving the issuance of 6,250,000 unlisted options and 12,500,000 fully paid ordinary shares. This strategic move is aimed at raising capital to support the company’s ongoing operations and potential expansion efforts, which could enhance its positioning in the mining sector and provide value to its stakeholders.
Scorpion Minerals Limited has announced an Extraordinary General Meeting scheduled for April 17, 2025, to be held in West Perth, WA. The company has adapted to recent legislative changes by providing the meeting notice electronically, urging shareholders to vote online or appoint proxies. This move reflects a broader industry trend towards digital communication and shareholder engagement, potentially impacting how stakeholders interact with the company.
Scorpion Minerals Limited has announced an Extraordinary General Meeting to be held on April 17, 2025, where shareholders will vote on the ratification of prior issues of Placement Shares under ASX Listing Rules 7.1 and 7.1A. The resolutions aim to approve the issuance of a total of 67.5 million Placement Shares, which could impact the company’s capital structure and shareholder value. This move is part of Scorpion Minerals’ strategy to strengthen its financial position and support its ongoing projects.
Scorpion Minerals Limited has announced the commencement of a reverse circulation (RC) drilling program at its Pharos Gold Project and Jungar Flats JV in the Murchison region of Western Australia. The drilling aims to follow up on historic high-grade gold results and test several new targets. The company has recently expanded its landholding in the area to 1600 square kilometers through a farm-in/joint venture agreement with E79 Gold Mines. This expansion positions Scorpion as a significant player in the region, with the largest landholding along the Dalgaranga–Big Bell shear corridor. The ongoing exploration activities are supported by recent capital raising, and the company is well-funded to accelerate exploration and evaluate strategic acquisitions.
Scorpion Minerals Limited has released its interim financial report for the half-year ended 31 December 2024. The report provides a comprehensive overview of the company’s financial performance, including profit or loss, financial position, changes in equity, and cash flows. This interim report is intended to be read in conjunction with the company’s annual report and any public announcements made during the interim period, in compliance with continuous disclosure requirements.
Scorpion Minerals Limited has announced a significant change in the shareholding interests of its director, Peter David Koller. Over the period from February 21 to February 27, 2025, Koller acquired a total of 3,462,785 fully paid ordinary shares through on-market purchases, increasing his total shareholding to 8,011,963 shares. This acquisition reflects a substantial increase in his investment in the company, potentially signaling confidence in the company’s future prospects.
Scorpion Minerals Limited announced the cessation of several securities due to unmet conditions, impacting a total of 20 million options that were set to expire between 2025 and 2027. This cessation reflects the company’s ongoing adjustments in its capital management strategy, which may influence its financial planning and stakeholder interests.
Scorpion Minerals Limited has issued a total of 89,750,000 fully paid ordinary shares as part of a recent placement and to settle trade payables, including shares allocated for future drilling services. This issuance is aligned with the company’s compliance with the Corporations Act, enabling the shares to be exempt from on-sale restrictions, reflecting a strategic move to enhance operational capabilities and fulfill financial obligations.
Scorpion Minerals Limited has announced the quotation of 89,750,000 fully paid ordinary securities on the Australian Securities Exchange. This issuance is part of previously announced transactions, potentially enhancing the company’s capital structure and providing additional financial resources to support its operations and strategic initiatives.
Scorpion Minerals Limited announced an update regarding a proposed issue of securities, specifically addressing the participation of newly appointed Non-Executive Director, Mr. Peter Koller. The issuance of 7,500,000 shares to Mr. Koller is now pending shareholder approval, and an error in the original announcement was corrected to reflect a one-year expiry for the free attaching options instead of two years. This update may impact the company’s capital structure and stakeholder interests by ensuring accurate compliance with regulatory requirements.
Scorpion Minerals Ltd announced the cessation of Bronwyn Barnes as a director effective February 20, 2025. Despite her departure, she retains significant holdings in the company, including over 20 million fully paid ordinary shares and unlisted options, indicating her continued vested interest in Scorpion Minerals. This change in directorship may affect the company’s strategic direction, but Barnes’ substantial shareholding suggests ongoing influence.
Scorpion Minerals Limited announced the appointment of Peter David Koller as a new director effective February 20, 2025. This appointment involves Koller holding 4,549,178 ordinary shares directly and participating in an upcoming company placement subject to shareholder approval, which will see him allotted an additional 7,500,000 shares. This development signifies a strategic addition to the company’s leadership, potentially influencing its market strategy and stakeholder interests.
Scorpion Minerals Limited has announced the appointment of Mr. Peter Koller as a Non-Executive Director, leveraging his extensive experience in the finance sector to enhance market awareness and accelerate growth. Concurrently, Ms. Bronwyn Barnes has resigned as Non-Executive Chairman to focus on other interests, with Mr. Michael Kitney taking over the role. These changes are expected to bolster the company’s strategic positioning and operational capabilities in the mining industry.
The trading suspension of Scorpion Minerals Limited’s securities has been lifted following the announcement of a potential joint venture agreement and capital raising. This development is expected to enhance the company’s operational capabilities and market position, signaling potential growth opportunities for stakeholders.
Scorpion Minerals Limited has announced a resource update for its Mt Mulcahy project, confirming the consistency and reliability of previously reported mineral resource estimates. The announcement emphasizes that there are no material changes from earlier market statements, supporting the company’s stability and ongoing operations in the mining sector.
Scorpion Minerals Limited announced a proposed issue of securities, including 37.5 million unlisted options and 101.6 million fully paid ordinary shares. This move is intended to support the company’s capital raising efforts, which could enhance its operational capabilities and strengthen its position in the mineral exploration sector.
Scorpion Minerals Limited has entered into a strategic farm-in and joint venture agreement with E79 Exploration Pty Ltd to earn a 70% stake in the Jungar Flats Gold Project by investing $3 million over five years. This expansion makes Scorpion the largest landholder along the Big Bell-Dalgaranga shear corridor and positions the company to benefit from recent gold discoveries in the region. The company has also raised $1.5 million through a share placement to fund upcoming drilling campaigns and cover the initial costs related to the agreement. This strategic move is expected to accelerate exploration and potentially lead to significant gold discoveries, enhancing Scorpion’s standing in the gold exploration sector.
Scorpion Minerals Limited has requested an extension to the voluntary suspension of its securities as it finalizes arrangements for a capital raising and a joint venture agreement. This move is aimed at strengthening the company’s financial position and strategic capabilities, with an announcement expected by 14 February 2025, which could have significant implications for its market operations and stakeholders.
Scorpion Minerals Limited has requested a voluntary suspension of its securities from the Australian Securities Exchange, effective immediately, as the company works to finalize a potential joint venture agreement. This move is part of a strategic effort to secure additional capital through a forthcoming announcement, indicating a potential expansion or strategic shift in its operations.
Scorpion Minerals Limited has requested a trading halt on its securities pending the release of a significant announcement regarding a potential joint venture agreement. This halt will be in effect until either the announcement is made or the market opens on 10 February 2025, reflecting the company’s strategic move that may impact its operations and shareholder interests.