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MEK Stock Chart & Stats
AU$0.12
<AU$0.01(2.08%)
At close: 4:00 PM EST
AU$0.12
<AU$0.01(2.08%)
Day’s Range― - ―
52-Week RangeAU$0.08 - AU$0.31
Previous CloseN/A
Volume37.70M
Average Volume (3M)25.81M
Market Cap
AU$281.40M
Enterprise ValueAU$273.25M
Total Cash (Recent Filing)AU$37.93M
Total Debt (Recent Filing)AU$19.46M
Price to Earnings (P/E)4.7
Beta0.67
Next Earnings
Mar 18, 2027EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.02
Shares Outstanding3,431,758,800
10 Day Avg. Volume17,213,797
30 Day Avg. Volume25,805,473
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)1.33
Price to Sales (P/S)1.73
P/FCF Ratio-16.17
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$0.17Price Target Upside41.67% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)0.02
Revenue Forecast (FY)AU$246.15M
Bulls Say, Bears Say
Bulls Say
FY2026 Revenue And Profitability InflectionThe sharp FY2026 revenue increase and move to strong positive margins indicate a substantial improvement in operating performance. If the company can sustain meaningful production and sales, this higher earnings base could support project funding, reinvestment and stronger competitive positioning over the next several quarters.
Improved Operating Cash GenerationStrong operating cash flow relative to reported net income provides evidence that FY2026 profitability translated into cash rather than being purely accounting-driven. This improves internal funding capacity and gives the company greater flexibility to advance exploration and development activities without relying entirely on external capital.
Conservative LeverageLow leverage reduces the financial burden associated with interest and refinancing and leaves more flexibility to allocate capital toward project development. A conservative balance sheet can also make it easier to withstand operational variability while the company builds a longer record of consistent value creation.
Bears Say
Negative Free Cash FlowDespite improved operating cash flow, continued negative free cash flow shows that investment and other spending are absorbing more cash than the business generates after those outlays. Persistent cash consumption could require additional funding and may constrain the pace or scale of future exploration and development.
Short And Volatile Earnings Track RecordThe latest year’s strong result has not yet been demonstrated across a full operating cycle. Prior losses and the concentration of profitability in FY2026 make earnings durability less certain, particularly as the company remains exposed to the variability inherent in gold-sector project development and production.
Rapid Capital Structure ExpansionRapid equity expansion indicates that the company has materially increased its capital base while its historical returns were weak or negative. Although leverage is low, generating attractive and consistent returns on the enlarged equity base will be important to demonstrate that capital raising translates into durable value creation.
Meeka Gold Limited News
MEK FAQ
What was Meeka Gold Limited’s price range in the past 12 months?
Meeka Gold Limited lowest share price was AU$0.08 and its highest was AU$0.30 in the past 12 months.
What is Meeka Gold Limited’s market cap?
Meeka Gold Limited’s market cap is AU$281.40M.
When is Meeka Gold Limited’s upcoming earnings report date?
Meeka Gold Limited’s upcoming earnings report date is Mar 18, 2027 which is in 146 days.
How were Meeka Gold Limited’s earnings last quarter?
Meeka Gold Limited released its earnings results on Sep 21, 2026. The company reported AU$0.007 earnings per share for the quarter.
Is Meeka Gold Limited overvalued?
According to Wall Street analysts Meeka Gold Limited’s price is currently Undervalued.
Does Meeka Gold Limited pay dividends?
Meeka Gold Limited does not currently pay dividends.
What is Meeka Gold Limited’s EPS estimate?
Meeka Gold Limited’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Meeka Gold Limited have?
Meeka Gold Limited has 3,431,758,800 shares outstanding.
What happened to Meeka Gold Limited’s price movement after its last earnings report?
Meeka Gold Limited reported an EPS of AU$0.007 in its last earnings report. Following the earnings report the stock price went up 16.667%.
Which hedge fund is a major shareholder of Meeka Gold Limited?
Currently, no hedge funds are holding shares in AU:MEK
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
Meeka Gold Limited Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
AU$0.17 (41.67% Upside)
AU$0.17 (41.67% Upside)
Blogger Sentiment
Bullish
AU:MEK Sentiment 89%
Sector Average 68%
Sector Average 68%
Insider Transactions
Bought Shares
Worth AU$19.9K over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Fundamentals
Return on Equity
25.79%
Trailing 12-Months
Asset Growth
68.23%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Meeka Gold Limited
Meeka Metals Limited is an Australian company primarily engaged in the exploration of precious metals and critical minerals, specifically gold and rare earth elements. The company's key asset is the Murchison gold project, which encompasses a significant area of 343 square kilometers within Western Australia's renowned Murchison Gold Fields region. Formerly known as Meeka Gold Limited, the company rebranded to Meeka Metals Limited in July 2022. Its corporate office is situated in West Perth, Australia.
MEK Stock 12 Month Forecast
Average Price Target
AU$0.17
▲(41.67% Upside)
Technical Analysis
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