Meteoric Resources NL (AU:MEI)
ASX:MEI
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MEI Stock Chart & Stats
AU$0.17
>-AU$0.01(-2.38%)
At close: 4:00 PM EST
AU$0.17
>-AU$0.01(-2.38%)
Day’s Range― - ―
52-Week RangeAU$0.10 - AU$0.26
Previous CloseN/A
Volume908.66K
Average Volume (3M)11.70M
Market Cap
AU$494.13M
Enterprise ValueAU$487.63M
Total Cash (Recent Filing)AU$10.97M
Total Debt (Recent Filing)AU$322.93K
Price to Earnings (P/E)―
Beta2.68
Next Earnings
Sep 24, 2026EPS Estimate
>-0.01Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.02
Shares Outstanding2,906,619,000
10 Day Avg. Volume22,836,960
30 Day Avg. Volume11,701,800
Financial Highlights & Ratios
PEG Ratio0.25
Price to Book (P/B)32.43
Price to Sales (P/S)58.80
P/FCF Ratio-8.22
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$0.37Price Target Upside115.69% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering3
EPS Forecast (FY)>-0.01
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Revenue GrowthA near 700% reported revenue increase indicates the company is scaling commercial activity or monetising assets. Sustained top-line growth improves options to fund exploration, attract JV partners, and build operating scale, strengthening long-term project advancement potential.
Conservative LeverageLow debt relative to equity gives the company financial flexibility to pursue capital-intensive exploration without heavy interest burden. Conservative leverage reduces refinancing risk, preserving capacity to raise project finance or absorb exploration volatility over multiple quarters.
Focused REE Project PipelineA clear strategic focus on rare earth element projects in Brazil concentrates technical expertise and permitting effort. Specialisation improves project comparability, allows repeatable exploration workflows, and can shorten development timelines as geological knowledge and local capabilities deepen.
Bears Say
Negative Cash FlowPersistent negative operating and free cash flows constrain the company's internal funding for drilling, studies, and development. Over months this increases reliance on external capital, dilutes shareholders when raised, and can delay project milestones if financing terms deteriorate.
Persistent Losses & Weak MarginsOngoing negative EBIT and net margins mean revenue growth is not translating into operating profitability. This structural cost or efficiency shortfall weakens the firm's ability to self-fund development, reduces reinvestment capacity, and heightens funding needs over multiple quarters.
Negative Return On EquityA negative ROE indicates shareholder capital is not being converted into positive returns, pointing to persistent value dilution or uneconomical projects. Over time this can pressure access to equity markets, raise the cost of capital, and strain investor patience for development timelines.
Meteoric Resources NL News
MEI FAQ
What was Meteoric Resources NL’s price range in the past 12 months?
Meteoric Resources NL lowest share price was AU$0.10 and its highest was AU$0.26 in the past 12 months.
What is Meteoric Resources NL’s market cap?
Meteoric Resources NL’s market cap is AU$494.13M.
When is Meteoric Resources NL’s upcoming earnings report date?
Meteoric Resources NL’s upcoming earnings report date is Sep 24, 2026 which is in 101 days.
How were Meteoric Resources NL’s earnings last quarter?
Meteoric Resources NL released its earnings results on Mar 12, 2026. The company reported -AU$0.005 earnings per share for the quarter, missing the consensus estimate of N/A by -AU$0.005.
Is Meteoric Resources NL overvalued?
According to Wall Street analysts Meteoric Resources NL’s price is currently Undervalued.
Does Meteoric Resources NL pay dividends?
Meteoric Resources NL does not currently pay dividends.
What is Meteoric Resources NL’s EPS estimate?
Meteoric Resources NL’s EPS estimate is >-0.01.
How many shares outstanding does Meteoric Resources NL have?
Meteoric Resources NL has 2,906,619,000 shares outstanding.
What happened to Meteoric Resources NL’s price movement after its last earnings report?
Meteoric Resources NL reported an EPS of -AU$0.005 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went down -4.545%.
Which hedge fund is a major shareholder of Meteoric Resources NL?
Currently, no hedge funds are holding shares in AU:MEI
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
Meteoric Resources NL Stock Smart Score
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
AU$0.37 (115.69% Upside)
AU$0.37 (115.69% Upside)
Blogger Sentiment
Bullish
AU:MEI Sentiment 98%
Sector Average ―
Sector Average ―
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
137.11%
12-Months-Change
Fundamentals
Return on Equity
-107.71%
Trailing 12-Months
Asset Growth
266.23%
Trailing 12-Months
Company Description
Meteoric Resources NL
Meteoric Resources NL is an exploration firm actively identifying mineral deposits across Brazil, Canada, Western Australia, and the Northern Territory. Their search targets valuable commodities such as gold, copper, cobalt, diamonds, and silver. The company's diverse portfolio includes the Palm Springs gold project in Western Australia, covering approximately 12,500 hectares, as well as Brazil's Juruena project and the 15-square-kilometer Novo Astro gold project. Additionally, Meteoric holds the Warrego North IOCG project in the Northern Territory and has interests in the Mulligan, Mulligan East, Beauchamp, and Iron Mask projects situated in Ontario, Canada. Established in 2004, the company's operations are headquartered in West Perth, Australia.
MEI Stock 12 Month Forecast
Average Price Target
AU$0.37
▲(115.69% Upside)
Technical Analysis
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Options Prices
Currently, No data available
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