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MM1 Stock Chart & Stats
AU$1.34
AU$0.06(8.11%)
At close: 4:00 PM EDT
AU$1.34
AU$0.06(8.11%)
Day’s Range― - ―
52-Week RangeAU$0.35 - AU$1.41
Previous CloseN/A
Volume1.22M
Average Volume (3M)851.67K
Market Cap
AU$302.80M
Enterprise ValueAU$170.33
Total Cash (Recent Filing)AU$29.15M
Total Debt (Recent Filing)AU$0.00
Price to Earnings (P/E)―
Beta1.61
Next Earnings
Mar 26, 2027EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.03
Shares Outstanding246,177,430
10 Day Avg. Volume510,028
30 Day Avg. Volume851,674
Financial Highlights & Ratios
PEG Ratio0.62
Price to Book (P/B)4.53
Price to Sales (P/S)0.00
P/FCF Ratio-47.75
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$1.50Price Target Upside11.94% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Debt-free Balance SheetMaintaining zero debt gives Midas a conservative financial structure and limits refinancing or interest burdens. This preserves flexibility to direct available capital toward exploration and project advancement, while reducing the balance-sheet strain that can affect highly leveraged resource companies during uncertain development periods.
Strengthened Capital BaseThe substantial increase in equity strengthens the company’s capital base and provides greater capacity to continue exploration activity without relying on debt. Although it does not establish profitability, improved capitalization can support project evaluation and help sustain operations through longer mineral discovery timelines.
Narrowing LossesA meaningful reduction in net losses indicates some improvement in financial performance and cost absorption, even though the company remains unprofitable. If maintained, this trend could moderate the rate of capital consumption and improve the prospects of funding exploration while projects advance toward potential transactions or development.
Bears Say
No Operating RevenueThe absence of revenue means Midas does not currently have recurring operating inflows to fund exploration or corporate costs. Its financial progress therefore depends on capital support and potential project-level transactions, leaving the business without a self-funded operating base over the next several quarters.
Persistent Cash BurnConsistently negative operating and free cash flow shows that ongoing activities consume cash rather than generate it. Even with improvement in 2025, continued burn can require further funding and may constrain exploration intensity, project advancement, or the company’s ability to absorb delays in achieving asset-level value realization.
Weak Capital EfficiencyNegative returns on equity indicate that the company is not yet converting its capital base into profits, despite the substantial increase in equity. This weak capital efficiency limits evidence of economic returns from current activities and raises the importance of successful exploration or future project transactions to justify continued funding.
Midas Minerals Limited News
MM1 FAQ
What was Midas Minerals Limited’s price range in the past 12 months?
Midas Minerals Limited lowest share price was AU$0.35 and its highest was AU$1.41 in the past 12 months.
What is Midas Minerals Limited’s market cap?
Midas Minerals Limited’s market cap is AU$302.80M.
When is Midas Minerals Limited’s upcoming earnings report date?
Midas Minerals Limited’s upcoming earnings report date is Mar 26, 2027 which is in 188 days.
How were Midas Minerals Limited’s earnings last quarter?
Midas Minerals Limited released its earnings results on Sep 10, 2026. The company reported -AU$0.016 earnings per share for the quarter.
Is Midas Minerals Limited overvalued?
According to Wall Street analysts Midas Minerals Limited’s price is currently Undervalued.
Does Midas Minerals Limited pay dividends?
Midas Minerals Limited does not currently pay dividends.
What is Midas Minerals Limited’s EPS estimate?
Midas Minerals Limited’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Midas Minerals Limited have?
Midas Minerals Limited has 246,177,430 shares outstanding.
What happened to Midas Minerals Limited’s price movement after its last earnings report?
Midas Minerals Limited reported an EPS of -AU$0.016 in its last earnings report. Following the earnings report the stock price went up 0.38%.
Which hedge fund is a major shareholder of Midas Minerals Limited?
Currently, no hedge funds are holding shares in AU:MM1
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
Midas Minerals Limited Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
AU$1.50 (11.94% Upside)
AU$1.50 (11.94% Upside)
Blogger Sentiment
Bullish
AU:MM1 Sentiment 100%
Sector Average 66%
Sector Average 66%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
191.35%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
397.81%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Midas Minerals Limited
Midas Minerals Limited specializes in the exploration and assessment of mineral resources. The company primarily targets gold and base metals within Western Australia's Eastern Goldfields region. Its portfolio includes several key ventures: the Weebo gold project, spanning 198 square kilometers across two exploration licenses near Leinster, Western Australia; the Challa project, an 859-square-kilometer area comprising two exploration licenses and three license applications located east of Mt Magnet, Western Australia; and the Newington project, covering 94.3 square kilometers via two exploration licenses in the Southern Cross Greenstone Belt. Additionally, Midas Minerals has a presence in Canada with its Greenbush lithium project, which encompasses 102 kilometers in Ontario. Established in 2018, Midas Minerals Limited is headquartered in West Perth, Australia.
MM1 Stock 12 Month Forecast
Average Price Target
AU$1.50
▲(11.94% Upside)
Technical Analysis
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