Want to see AU:MEG full AI Analyst Report?
MEG Stock Chart & Stats
AU$0.02
AU$0.00(0.00%)
At close: 4:00 PM EDT
AU$0.02
AU$0.00(0.00%)
Day’s Range― - ―
52-Week RangeAU$0.01 - AU$0.04
Previous CloseN/A
Volume592.03K
Average Volume (3M)691.00K
Market Cap
AU$12.97M
Enterprise ValueAU$9.53M
Total Cash (Recent Filing)AU$2.00M
Total Debt (Recent Filing)AU$0.00
Price to Earnings (P/E)―
Beta1.61
Next Earnings
Sep 16, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding720,683,300
10 Day Avg. Volume419,585
30 Day Avg. Volume691,002
Financial Highlights & Ratios
PEG Ratio0.15
Price to Book (P/B)1.67
Price to Sales (P/S)0.00
P/FCF Ratio-23.49
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Debt-Free Balance SheetA debt-free balance sheet with meaningful equity and assets reduces solvency risk and preserves strategic optionality for an exploration company. This structural financial flexibility supports funding drilling and project advancement without immediate interest burdens, lengthening runway for discovery.
Improving Cash BurnMaterial narrowing of free cash outflow and a reduced net loss in 2025 indicate improving cost control and operational efficiency. Sustained reduction in cash burn can extend runway, lower near-term financing needs, and improve the chance of advancing projects to value-driving milestones.
Exploration-Focused Business ModelA discovery-driven exploration model offers high optionality: successful drilling can rapidly re-rate value and attract JV/partner capital. The company’s clear focus on project acquisition and resource delineation is a durable strategic approach aligned with long-term demand for gold and third-party funding opportunities.
Bears Say
Pre-Revenue And Persistent LossesBeing pre-revenue with recurring negative EBIT and net losses creates a structural earnings gap. Until projects convert to commercially producible resources or generate revenues, the company remains dependent on capital markets and faces high execution risk inherent to exploration-stage operations.
Chronic Negative Cash FlowConsistent negative operating and free cash flow means the company must repeatedly raise capital to fund exploration. This structural cash burn increases dilution risk, constrains strategic choices, and pressures management to secure financing rather than focus solely on long-term value creation.
Negative Returns On EquitySustained negative ROE indicates the company’s asset base is not generating returns and highlights inefficient capital conversion into profits. For investors, persistent negative returns signal structural challenges in translating exploration investment into profitable outcomes absent a material discovery or commercial development.
Megado Gold Ltd. News
MEG FAQ
What was Megado Gold Ltd.’s price range in the past 12 months?
Megado Gold Ltd. lowest share price was AU$0.01 and its highest was AU$0.04 in the past 12 months.
What is Megado Gold Ltd.’s market cap?
Megado Gold Ltd.’s market cap is AU$12.97M.
When is Megado Gold Ltd.’s upcoming earnings report date?
Megado Gold Ltd.’s upcoming earnings report date is Sep 16, 2026 which is in 36 days.
How were Megado Gold Ltd.’s earnings last quarter?
Megado Gold Ltd. released its earnings results on Mar 27, 2026. The company reported -AU$0.001 earnings per share for the quarter, missing the consensus estimate of N/A by -AU$0.001.
Is Megado Gold Ltd. overvalued?
According to Wall Street analysts Megado Gold Ltd.’s price is currently Overvalued.
Does Megado Gold Ltd. pay dividends?
Megado Gold Ltd. does not currently pay dividends.
What is Megado Gold Ltd.’s EPS estimate?
Megado Gold Ltd.’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Megado Gold Ltd. have?
Megado Gold Ltd. has 720,683,300 shares outstanding.
What happened to Megado Gold Ltd.’s price movement after its last earnings report?
Megado Gold Ltd. reported an EPS of -AU$0.001 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went same 0%.
Which hedge fund is a major shareholder of Megado Gold Ltd.?
Currently, no hedge funds are holding shares in AU:MEG
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
Megado Gold Ltd. Stock Smart Score
Underperform
1
2
3
4
5
6
7
8
9
10
Technicals
SMA
Positive
20 days / 200 days
Momentum
164.28%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
49.35%
Trailing 12-Months
Company Description
Megado Gold Ltd.
Megado Minerals Limited is a North American-focused mineral exploration firm, specializing in the discovery of rare earth elements and lithium. Its portfolio includes complete ownership of the North Fork Rare Earth Project, encompassing 499 mining lode claims over approximately 42 square kilometers within Idaho's Salmon-Challis National Forest, specifically in Lemhi County. The company also maintains interests in the Cyclone lithium project, an extensive 130 square kilometer property made up of 304 claims, situated close to the James Bay region of Quebec, Canada. Incorporated in 2019, the entity was known as Megado Gold Limited before adopting its current name, Megado Minerals Limited, in July 2022. Its administrative base is located in Perth, Australia.
Technical Analysis
Carbine Resources Limited
―
Magnum Mining and Exploration Limited
―
Dome Gold Mines Ltd.
―
Golden Deeps Limited
―
Golden Mile Resources Ltd.
―