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MMI Shares Metro Mining Limited

ASX · ASX
$0.70 -0.71% Prices as of close 2026-10-27

Last in our picks 2026-10-15 — not in the current list; analysis below is from that screen

Bauxite producer with revenue growth potential, though recent target reductions temper near-term conviction.

Future value: $2.18 (+155.88%) · 6-12 months · analyst consensus

Signal breakdown

  • ▸Consensus target remains above price despite recent downgrade and target cut.
  • ▾Below 50-day MA (-35.17%)
  • ▾Near 52-week low (1.5% of range)
  • ▸~156% upside to price target

Is MMI a buy right now?

Trend: MMI is trading below the 50-day average (-41.60%), RSI 46 — neutral momentum, with a 3-month return of -50.00%.

Valuation & quality: Metro Mining Limited trades on forward P/E 2.3, price-to-book 1.27; fundamentals show net margin 0.7%, return on equity 1.3%, revenue growth -31.9% year on year.

Analyst consensus: 2 analysts have a mean 12-month price target of A$2.17 (+212.9% vs the last close; range A$1.75 – A$2.60), consensus rating “strong buy”.

Our screen: ACCUMULATE (score 1) — Bauxite producer with revenue growth potential, though recent target reductions temper near-term conviction.

Computed from end-of-day data; not personal advice.

12-month price chart

1.79 0.69 FebMarAprMayJunJulAugSepOct
Daily close, 2026-02-08 → 2026-10-27 (AUD). Range 0.69 – 1.79.

Monthly returns

Mar 26Apr 26May 26Jun 26Jul 26Aug 26Sep 26Oct 26
+1.40%-11.10%+18.00%+17.90%-20.80%-2.80%-8.00%-45.20%

Fundamentals

Market cap
$214.6M
P/E (ttm)
2.8
Forward P/E
2.3
EPS (ttm)
$-0.01
Price / book
1.27
Beta
0.74
Net margin
0.7%
ROE
1.3%
Revenue growth
-31.9%
Revenue (ttm)
$332.1M
Free cash flow
$31.5M
Debt / equity
43%
52-wk range
$0.68 – $1.83
Volume
879,174
Avg volume (3m)
636,324

Analyst price target

Mean target
$2.18
Low
$1.75
High
$2.60
Analysts
2
Consensus
STRONG BUY

Technical signals

RSI (14)
46.3
vs 50-day MA
-41.60%
1-mo return
-44.40%
3-mo return
-50.00%
Volume z-score
1.78

About Metro Mining Limited

Metro Mining Limited, together with its subsidiaries, operates as an exploration and mining company in Australia. The company explores bauxite. Its flagship project is the Bauxite Hills Mine property that covers an area of approximately 825 square kilometers located on Western Cape York in Far North Queensland.

Sector: Basic Materials · Industry: Other Industrial Metals & Mining · Australia · Website

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General information only (Australia). This is general information, not financial product advice. It doesn't consider your objectives, financial situation or needs — consider its appropriateness and seek licensed advice before acting. Not a recommendation to buy or sell any financial product.

Market data from end-of-day feeds; AI-generated research for educational purposes only — not investment advice.