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Mindax Limited (MDX) Price & Analysis

MDX Stock Chart & Stats

A$0.04A$0.00(2.86%)
At close: 4:00 PM EDT
AUD 0.03AUD 0.04AUD 0.0517 Aug31 Aug14 Sep23 Sep12 Oct30 Oct
Day’s Range
AUD 0.04 - AUD 0.04
52-Week Range
AUD 0.02 - AUD 0.16
Previous Close
AUD 0.04
Volume
116.77K
Average Volume (3M)
27.36K
Market Cap
AUD 86.18M
Enterprise Value
AUD 51.39M
Total Cash (Recent Filing)
AUD 83.12K
Total Debt (Recent Filing)
AUD 0
Price to Earnings (P/E)
―
Beta
0.36
Next Earnings
Mar 12, 2027
EPS Estimate
N/A
Next Dividend Ex-Date
N/A
Dividend Yield
N/A

Bulls Say, Bears Say

Bulls Say

Negligible Debt

A negligible debt burden reduces interest expense and refinancing exposure, giving Mindax greater flexibility while it advances exploration projects. The low leverage also provides more resilience during periods when projects do not yet generate operating revenue or cash flow.

Growing Equity And Assets

Growth in equity and total assets indicates a larger financial base supporting the company’s mineral exploration portfolio. If maintained, this provides greater capacity to fund project evaluation and progress tenements without relying primarily on debt financing.

Multiple Project Monetisation Paths

Mindax’s exploration model offers several potential routes to realise value from mineral projects rather than depending on one operating revenue stream. Asset sales, partnerships, or eventual production create strategic flexibility as projects advance through evaluation and development.

Bears Say

Minimal Revenue And Persistent Losses

Limited revenue and recurring operating losses show that Mindax has not yet established a consistently self-sustaining earnings base. This early-stage profile makes results dependent on exploration outcomes and leaves profitability vulnerable to continued project costs.

Persistent Operating Cash Burn

Consistently negative operating cash flow means current activities are not funding themselves from operations. Continued cash burn can consume balance-sheet resources and increase reliance on external funding or asset-level transactions to sustain exploration over coming periods.

Negative Returns On Equity

Negative returns on equity indicate that invested capital has generally not been converted into profits. This weak capital productivity limits evidence of durable value creation and raises the importance of successful project advancement to improve future returns.

Mindax Limited News

MDX FAQ

What was Mindax Limited’s price range in the past 12 months?
Mindax Limited lowest share price was AU$0.02 and its highest was AU$0.16 in the past 12 months.
What is Mindax Limited’s market cap?
Mindax Limited’s market cap is AU$86.18M.
When is Mindax Limited’s upcoming earnings report date?
The company’s upcoming earnings report date is not yet available.
How were Mindax Limited’s earnings last quarter?
Mindax Limited released its earnings results on Sep 30, 2026. The company reported AU$0 earnings per share for the quarter.
Is Mindax Limited overvalued?
Not enough analysts have published a price target to calculate whether the price is overvalued.
Does Mindax Limited pay dividends?
Mindax Limited does not currently pay dividends.
What is Mindax Limited’s EPS estimate?
Mindax Limited’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Mindax Limited have?
Mindax Limited has 2,393,890,100 shares outstanding.
What happened to Mindax Limited’s price movement after its last earnings report?
Mindax Limited reported an EPS of AU$0 in its last earnings report. Following the earnings report the stock price went same 0%.
Which hedge fund is a major shareholder of Mindax Limited?
Currently, no hedge funds are holding shares in AU:MDX
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology