Australian-listed copper-gold developer advancing the Green Bay project in Newfoundland, Canada.
Australian-listed copper-gold developer advancing the Green Bay project in Newfoundland, Canada.
In one line: A pre-production Canadian copper-gold developer.
Moat: none. Pre-production developer with no operating mine or revenue; value depends on resource growth and financing.
Headquarters: Perth, Australia · Founded: 2021
Size FireFly Metals (FFM.AX) is an Australia Materials company (Precious Metals) with a market value of $798M, the 209th largest of 316 Australia companies the cockpit tracks. Shares closed at A$1.32 on 6 Nov 2026.
Performance Over six months the shares fell 31.4%, against -17.8% for the median peer and +4.1% for the Australia market (cap-weighted) — 3rd lowest of 19 in its peer set.
Valuation It trades at 2.39× book value against a peer median of 3.04× (8th cheapest of 21).
Price implies The share price implies a return on equity of about 29.4%; FireFly Metals delivers -8.3%, so the price asks more than the business earns today.
Next results Next results expected around 15 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|---|
| Revenue | A$0 | A$0 | A$0 | A$0 | A$0 |
| Revenue growth | — | — | — | — | — |
| Gross profit | -A$1.81M | -A$2.22M | -A$2.08M | -A$3.02M | -A$554,195 |
| EBITDA | -A$24.2M | -A$24.4M | -A$17.6M | -A$21.6M | -A$3.07M |
| Net income | -A$23.6M | -A$23.6M | -A$11.4M | -A$23.9M | -A$3.48M |
| Free cash flow | -A$11.2M | -A$11.2M | -A$8.31M | -A$15.0M | A$812,830 |
| Capital expenditure | A$80.4M | A$80.4M | A$55.4M | A$24.3M | A$17.3M |
| Total debt | n/a | A$1.59M | A$1.44M | A$2.00M | A$1.84M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE |
|---|---|---|---|---|---|---|
| FireFly Metals FFM.AX | $798M | -31% | n/a | -8% | 2.39× | 29.4% |
| Ero Copper ERO.TO | $3.03B | +10% | +106% | 35% | 2.25× | 23.0% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | FFM.AX | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -18.5% | -9.2% | 4th lowest of 21 |
| 6-month return | -31.4% | -17.8% | 3rd lowest of 19 |
| Return on equity | -8.2% | 7.8% | 8th lowest of 20 |
| Price / book | 2.39× | 3.04× | 8th cheapest of 21 |
| ROE the price implies | 29.4% | 30.2% | 10th least demanding of 21 |
| ROE delivered | -8.3% | 7.8% | 8th lowest of 20 |
| Company | Market | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE | Delivered ROE |
|---|---|---|---|---|---|---|---|---|
| FireFly Metals FFM.AX | Australia | $798M | -31% | n/a | -8% | 2.39× | 29.4% | -8.3% |
| Dakota Gold DC | United States | $798M | -1% | n/a | -23% | 4.34× | 38.7% | -23.4% |
| Avino Silver & Gold Mines ASM.TO | Canada | $799M | -30% | +54% | 21% | 2.79× | 46.7% | 20.8% |
| Osisko Gold OGG.V | Canada | $814M | -18% | +805% | 8% | 0.99× | 13.4% | 7.8% |
| Cadillac Mines CADY.TO | Canada | $815M | n/a | n/a | n/a | 9.88× | 157.7% | n/a |
| Kingsgate Consolidated KCN.AX | Australia | $779M | -39% | +77% | 63% | 2.01× | 21.9% | 63.3% |
| Liberty Gold LGD.TO | Canada | $819M | +50% | n/a | 34% | 9.20× | 110.5% | 34.4% |
| Pantoro Gold PNR.AX | Australia | $826M | -9% | +35% | 20% | 1.95× | 23.0% | 20.2% |
| Catalyst Metals CYL.AX | Australia | $746M | -28% | +75% | 29% | 1.52× | 15.2% | 29.2% |
| Critical Metals CRML | United States | $864M | -58% | n/a | -105% | 2.51× | 32.2% | -104.7% |
| Founders Metals FDR.V | Canada | $734M | +42% | n/a | -9% | 5.52× | 30.0% | -9.2% |
| Omai Gold Mines OMG.V | Canada | $879M | -23% | n/a | -74% | 25.80× | 403.4% | -73.7% |
| Mako Mining MKO.V | Canada | $712M | +7% | +79% | 36% | 3.70× | 36.5% | 36.1% |
| Griffin Mining GFM.L | United Kingdom | $711M | -4% | +29% | 12% | 2.42× | 21.0% | 12.0% |
| Santacruz Silver Mining SCZ.TO | Canada | $707M | n/a | +38% | 22% | 3.28× | 53.5% | 22.1% |
| Highlander Silver HSLV.TO | Canada | $906M | -23% | n/a | 1% | 2.22× | 21.6% | 1.2% |
| Tungsten West TUN.L | United Kingdom | $694M | -18% | n/a | -608% | 8.26× | 86.4% | -607.6% |
| First Mining Gold FF.TO | Canada | $670M | +33% | n/a | -33% | 4.14× | 30.4% | -32.5% |
| McEwen MUX.TO | Canada | $954M | -31% | +54% | 14% | 1.31× | 17.6% | 13.5% |
| Yunding Technology 000409.SZ | China | $960M | -18% | +6% | 5% | 3.35× | 21.0% | 4.6% |
| New Found Gold NFGC.TO | Canada | $662M | -16% | n/a | -19% | 1.82× | 19.2% | -19.4% |