Ngx Limited

NGX.ASX

Materials

Mineral Exploration

Market Data

Price

$0.100

-0.0%
Market Cap

$9.1M

P/E Ratio

-100000.0x

EPS

$-0.025

Div. Yield

0.00%

52-Week Change

-0.3%

Latest Earnings

March 2026 Quarterly Report

30 April 2026

NGX Limited, a minerals exploration company focused on clean energy transition materials, reported Q1 2026 results with continued exploration progress on natural graphite projects in Malawi and uranium projects in Namibia. The company maintained a strong cash position of $2.25M with no debt, though adopted a measured approach to graphite development expenditure pending improved market conditions. Operating cash burn was $439K for the quarter, with an estimated 5 quarters of funding runway based on current burn rates. Key points: Completed hand-auger drilling exploration program across Msinja and Lifidzi projects in Malawi testing high-grade titanium mineralisation; Tubusis uranium exploration licence (EPL9629) granted in Namibia with initial soil sampling completed; Rossingburg (EPL9921) in final permitting stages with Environmental Clearance Certificate underway; Strong balance sheet with $2.25M cash and zero debt as at 31 March 2026, providing financial flexibility

Recent Announcements

30 Apr 2026 Actual Results Neutral

March 2026 Quarterly Report

NGX Limited, a minerals exploration company focused on clean energy transition materials, reported Q1 2026 results with continued exploration progress on natural graphite projects in Malawi and uranium projects in Namibia. The company maintained a strong cash position of $2.25M with no debt, though adopted a measured approach to graphite development expenditure pending improved market conditions. Operating cash burn was $439K for the quarter, with an estimated 5 quarters of funding runway based on current burn rates. Key points: Completed hand-auger drilling exploration program across Msinja and Lifidzi projects in Malawi testing high-grade titanium mineralisation; Tubusis uranium exploration licence (EPL9629) granted in Namibia with initial soil sampling completed; Rossingburg (EPL9921) in final permitting stages with Environmental Clearance Certificate underway; Strong balance sheet with $2.25M cash and zero debt as at 31 March 2026, providing financial flexibility

Get real-time alerts for NGX

Receive AI-powered earnings summaries and instant notifications when Ngx Limited releases results.

Register Free