M83 Stock Chart & Stats
€0.01
>-€0.01(-8.33%)
At close: 4:00 PM EST
€0.01
>-€0.01(-8.33%)
Day’s Range― - ―
52-Week Range€0.01 - €0.03
Previous CloseN/A
Volume4.00K
Average Volume (3M)0.00
Market Cap
€8.68M
Enterprise Value€10.75M
Total Cash (Recent Filing)€3.15M
Total Debt (Recent Filing)€0.00
Price to Earnings (P/E)―
Beta2.17
Next Earnings
Mar 12, 2027EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding993,321,800
10 Day Avg. Volume0
30 Day Avg. Volume0
Financial Highlights & Ratios
PEG Ratio0.07
Price to Book (P/B)0.54
Price to Sales (P/S)0.00
P/FCF Ratio-4.05
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
Minimal Financial LeverageEffectively zero debt and negligible debt-to-equity reduce solvency and interest burdens, giving the explorer greater resilience while it advances projects. This healthier leverage profile can preserve strategic flexibility even though the company is not yet self-funding.
Equity-supported Asset BaseAssets of about $19.7 million are largely supported by roughly $19.5 million of equity, indicating a capital structure with limited creditor claims. That foundation provides more flexibility to direct capital toward exploration and development than a highly leveraged balance sheet would.
Cash Flow Reflects Reported LossesFree cash flow slightly exceeded net loss in 2026, suggesting reported losses are not being materially masked by non-cash accounting effects. While cash generation remains negative, this alignment improves transparency when assessing the exploration program’s underlying cash economics.
Bears Say
Zero Latest-year RevenueRevenue fell 100% to zero in 2026 while net loss widened to about $3.35 million from $2.05 million. The reversal from prior improvement leaves the company without demonstrated operating revenue and increases dependence on funding to sustain its exploration strategy.
Persistent Cash BurnOperating cash flow and free cash flow were negative every year in the period, with 2026 outflows of about $2.49 million and $2.58 million. Persistent cash burn means the business is not self-funding and may constrain how long exploration can continue without new capital.
External Funding And Dilution RiskConsistently negative returns on equity and variability in equity levels indicate ongoing value erosion as losses persist. The balance-sheet analysis explicitly points to dependence on external funding and dilution risk, which could reduce existing holders’ economic share over time.
Middle Island Resources Limited News
M83 FAQ
What was Middle Island Resources Limited’s price range in the past 12 months?
Middle Island Resources Limited lowest stock price was €0.01 and its highest was €0.03 in the past 12 months.
What is Middle Island Resources Limited’s market cap?
Middle Island Resources Limited’s market cap is €8.68M.
When is Middle Island Resources Limited’s upcoming earnings report date?
Middle Island Resources Limited’s upcoming earnings report date is Mar 12, 2027 which is in 149 days.
How were Middle Island Resources Limited’s earnings last quarter?
Middle Island Resources Limited released its earnings results on Sep 30, 2026. The company reported -€0.002 earnings per share for the quarter.
Is Middle Island Resources Limited overvalued?
According to Wall Street analysts Middle Island Resources Limited’s price is currently Overvalued.
Does Middle Island Resources Limited pay dividends?
Middle Island Resources Limited does not currently pay dividends.
What is Middle Island Resources Limited’s EPS estimate?
Middle Island Resources Limited’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Middle Island Resources Limited have?
Middle Island Resources Limited has 993,321,800 shares outstanding.
What happened to Middle Island Resources Limited’s price movement after its last earnings report?
Middle Island Resources Limited reported an EPS of -€0.002 in its last earnings report. Following the earnings report the stock price went same 0%.
Which hedge fund is a major shareholder of Middle Island Resources Limited?
Currently, no hedge funds are holding shares in DE:M83
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
Middle Island Resources Limited Stock Smart Score
Underperform
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8
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10
Blogger Sentiment
Bearish
DE:M83 Sentiment 100%
Sector Average 69%
Sector Average 69%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Fundamentals
Return on Equity
-16.16%
Trailing 12-Months
Asset Growth
574.57%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Middle Island Resources Limited
Middle Island Resources Limited is an Australian-based enterprise primarily engaged in the exploration and development of gold resources. The company boasts full ownership (100%) of the significant Barkly copper-gold project. This extensive venture, located within the Barkly region of Australia's Northern Territory, encompasses 11 exploration license applications that collectively span an area of 4,343.49 square kilometers. Having been established in 2010, Middle Island Resources Limited's main corporate office is situated in West Perth, Australia.
Technical Analysis
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