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MINEST Stock Chart & Stats
kr0.71
-kr0.06(-2.48%)
At close: 4:00 PM EST
kr0.71
-kr0.06(-2.48%)
Day’s Range― - ―
52-Week Rangekr0.50 - kr2.40
Previous CloseN/A
Volume41.22K
Average Volume (3M)689.74K
Market Cap
kr313.17M
Enterprise Valuekr326.21
Total Cash (Recent Filing)kr38.45M
Total Debt (Recent Filing)kr500.00K
Price to Earnings (P/E)―
Beta0.41
Next Earnings
Oct 15, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.13
Shares Outstanding260,111,600
10 Day Avg. Volume760,072
30 Day Avg. Volume689,738
Financial Highlights & Ratios
PEG Ratio0.41
Price to Book (P/B)0.25
Price to Sales (P/S)0.00
P/FCF Ratio-2.36
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
Very Low LeverageMinimal debt gives Minesto substantial balance-sheet flexibility while it develops and demonstrates its marine energy systems. Low leverage reduces fixed financial obligations and leaves more capacity to fund technology work or absorb setbacks without immediate debt pressure.
Improving Cash BurnAlthough cash flow remains negative, the substantial reduction in free-cash-flow burn indicates better financial discipline or operating execution than in 2025. If maintained, this improvement could extend liquidity and reduce the pace at which external funding is required.
Proprietary Marine Energy PlatformThe proprietary Deep Green concept gives Minesto a defined technology platform in ocean-current and tidal-stream power, rather than a generic renewable development role. Continued system engineering and project demonstrations can support future commercialization if the technology proves scalable.
Bears Say
No Current Revenue ScaleZero trailing revenue shows that Minesto has not yet established meaningful commercial scale. Without recurring sales or project income, the company remains dependent on technology development and demonstrations to reach commercialization, making future growth and operating leverage unproven.
Persistent Operating LossesLarge recurring operating and net losses indicate that the current business model is not yet self-sustaining. Even with modest improvement from prior periods, continued losses can erode equity and require management to prioritize funding and cost control before expansion.
Ongoing Negative Cash GenerationNegative operating and free cash flow means Minesto is consuming cash rather than funding operations internally. Sustained burn increases dependence on future financing over time and may constrain the pace of technology development, demonstrations, and project execution.
MINEST FAQ
What was Minesto AB’s price range in the past 12 months?
Minesto AB lowest stock price was kr0.50 and its highest was kr2.40 in the past 12 months.
What is Minesto AB’s market cap?
Minesto AB’s market cap is kr313.17M.
When is Minesto AB’s upcoming earnings report date?
Minesto AB’s upcoming earnings report date is Oct 15, 2026 which is in 17 days.
How were Minesto AB’s earnings last quarter?
Minesto AB released its earnings results on Aug 20, 2026. The company reported -kr0.031 earnings per share for the quarter.
Is Minesto AB overvalued?
According to Wall Street analysts Minesto AB’s price is currently Overvalued.
Does Minesto AB pay dividends?
Minesto AB does not currently pay dividends.
What is Minesto AB’s EPS estimate?
Minesto AB’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Minesto AB have?
Minesto AB has 260,111,600 shares outstanding.
What happened to Minesto AB’s price movement after its last earnings report?
Minesto AB reported an EPS of -kr0.031 in its last earnings report. Following the earnings report the stock price went up 1.486%.
Which hedge fund is a major shareholder of Minesto AB?
Currently, no hedge funds are holding shares in SE:MINEST
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
Company Description
Minesto AB
Minesto AB (publ), along with its affiliated entities, functions as a developer of marine energy solutions, operating in various locations such as Sweden, Wales, Northern Ireland, and Taiwan. The company utilizes its proprietary Deep Green technology to generate electricity by converting energy from slow tidal flows and ocean currents via a turbine. Founded in 2007, Minesto AB is based in Gothenburg, Sweden.