Midas Minerals Limited (AU:MM1)
ASX:MM1
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MM1 Stock Chart & Stats
AU$0.92
>-AU$0.01(-2.60%)
At close: 4:00 PM EST
AU$0.92
>-AU$0.01(-2.60%)
Day’s Range― - ―
52-Week RangeAU$0.23 - AU$1.14
Previous CloseN/A
Volume467.44K
Average Volume (3M)176.59K
Market Cap
AU$211.14M
Enterprise ValueAU$140.12M
Total Cash (Recent Filing)AU$8.78M
Total Debt (Recent Filing)AU$0.00
Price to Earnings (P/E)―
Beta1.12
Next Earnings
Sep 15, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.02
Shares Outstanding241,302,430
10 Day Avg. Volume263,478
30 Day Avg. Volume176,585
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 Upside63.04% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Balance Sheet StrengthA debt-free balance sheet with a substantially larger equity base materially reduces refinancing and solvency risk for an exploration company. This stronger capital base provides a longer runway to fund programs, supports partner/joint-venture credibility and lowers financial fragility over months ahead.
Improving Cash Burn TrendYear-over-year improvement in free cash flow shows the company is narrowing its cash burn, reflecting either tighter cost control or more efficient program spending. If sustained, this trend reduces near-term financing needs and increases the odds of reaching a development or transaction outcome without frequent dilution.
Focused Commodity StrategyA clear focus on lithium and gold aligns the company with enduring structural markets: lithium benefits from long-term battery demand while gold provides a perennial store of value. Concentrated expertise and tenement focus improve the odds of discovery-led value creation or attractive JV/asset sale outcomes over time.
Bears Say
No Operating RevenueAbsent operating revenue the company must rely on capital markets or partners to fund exploration. This creates persistent financing risk and potential dilution; it also means the business model is not yet self-sustaining so long-term viability depends on discovery or transactional outcomes.
Persistent Negative Cash FlowConsistent negative operating and free cash flow forces repeated external funding, increasing dilution risk and limiting strategic flexibility. For an explorer, sustained cash burn pressures timelines for discovery-to-development and elevates the likelihood of downscaling programs if capital access tightens.
Negative Returns On EquityMaterially negative ROE indicates the company is not converting capital into economic returns, signalling inefficient capital allocation or unsuccessful exploration outcomes to date. Over months, continued negative ROE undermines investor confidence and raises the cost of future capital.
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$0.23 and its highest was AU$1.14 in the past 12 months.
What is Midas Minerals Limited’s market cap?
Midas Minerals Limited’s market cap is AU$211.14M.
When is Midas Minerals Limited’s upcoming earnings report date?
Midas Minerals Limited’s upcoming earnings report date is Sep 15, 2026 which is in 94 days.
How were Midas Minerals Limited’s earnings last quarter?
Midas Minerals Limited released its earnings results on Mar 27, 2026. The company reported -AU$0.01 earnings per share for the quarter, missing the consensus estimate of N/A by -AU$0.01.
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 241,302,430 shares outstanding.
What happened to Midas Minerals Limited’s price movement after its last earnings report?
Midas Minerals Limited reported an EPS of -AU$0.01 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went down -0.637%.
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
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3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
AU$1.50 (63.04% Upside)
AU$1.50 (63.04% Upside)
Blogger Sentiment
Bullish
AU:MM1 Sentiment 67%
Sector Average ―
Sector Average ―
Technicals
SMA
Positive
20 days / 200 days
Momentum
411.90%
12-Months-Change
Fundamentals
Return on Equity
-18.89%
Trailing 12-Months
Asset Growth
285.33%
Trailing 12-Months
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
▲(63.04% Upside)
Technical Analysis
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Options Prices
Currently, No data available
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