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Middle Island Resources Limited
(Sydney:MDI)
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Rating:43Neutral
Price Target:
AU$0.01
▼(-53.33% Downside)
Action:Reiterated
Date:10/07/26
The score is primarily constrained by weak financial performance (zero revenue in the latest year, widening losses, and sustained negative operating/free cash flow). Technicals add a mild drag (negative MACD and price below key moving averages) with only a small offset from near-oversold stochastic conditions. Valuation is also limited by a negative P/E and no dividend yield support.
Positive Factors
Minimal financial leverage
Effectively 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.
Negative Factors
Zero latest-year revenue
Revenue 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.
Read all positive and negative factors
Positive Factors
Negative Factors
Minimal financial leverage
Effectively 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.
Read all positive factors
Middle Island Resources Limited (MDI) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$11.92M
Dividend YieldN/A
Average Volume (3M)1.11M
Price to Earnings (P/E)―
Beta (1Y)0.24
Revenue GrowthN/A
EPS Growth47.50%
CountryAU
Employees3
SectorBasic Materials
Sector Strength58
IndustryGold
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding993,321,800
10 Day Avg. Volume1,224,707
30 Day Avg. Volume1,113,383
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
Middle Island Resources Limited Business Overview & Revenue Model
Company Description
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 ventur...
How the Company Makes Money
null...
Middle Island Resources Limited Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
58
Neutral
Cash Flow
18
Very Negative
| Breakdown | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 102.35K | 69.98K | 32.14K | 115.32K |
| Gross Profit | -25.23K | -29.99K | 69.98K | -1.77K | 111.18K |
| EBITDA | -2.88M | -2.02M | -1.63M | -5.26M | -3.51M |
| Net Income | -3.35M | -2.05M | -1.66M | -5.30M | -5.32M |
Balance Sheet | |||||
| Total Assets | 19.75M | 3.18M | 4.12M | 3.98M | 9.31M |
| Cash, Cash Equivalents and Short-Term Investments | 3.15M | 2.40M | 3.35M | 2.78M | 4.99M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 13.95K |
| Total Liabilities | 262.94K | 177.43K | 151.52K | 106.98K | 146.45K |
| Stockholders Equity | 19.49M | 3.00M | 3.97M | 3.87M | 9.17M |
Cash Flow | |||||
| Free Cash Flow | -2.58M | -2.07M | -1.87M | -5.16M | -3.35M |
| Operating Cash Flow | -2.49M | -2.02M | -1.62M | -5.16M | -3.27M |
| Investing Cash Flow | 103.45K | 1.38M | -179.95K | 585.00 | 4.91M |
| Financing Cash Flow | 3.15M | 1.08M | 1.09M | 0.00 | 0.00 |
Middle Island Resources Limited Technical Analysis
Negative
0.03
Price Trends
0.01
Negative
0.02
Negative
0.03
Negative
Market Momentum
>-0.01
Positive
44.29
Neutral
19.05
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:MDI, the sentiment is Negative. The current price of 0.03 is above the 20-day moving average (MA) of 0.01, above the 50-day MA of 0.01, and above the 200-day MA of 0.03, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 44.29 is Neutral, neither overbought nor oversold. The STOCH value of 19.05 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:MDI.
Middle Island Resources Limited Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
50 Neutral | AU$17.23M | -3.88 | -97.71% | ― | ― | 62.73% | |
46 Neutral | AU$17.22M | -3.26 | -33.13% | ― | ― | -345.45% | |
45 Neutral | AU$13.15M | -4.87 | -9.75% | ― | ― | 32.76% | |
44 Neutral | AU$13.31M | -1.59 | -108.20% | ― | ― | -18.97% | |
43 Neutral | AU$11.92M | -3.33 | -16.16% | ― | ― | 47.50% | |
40 Underperform | AU$8.52M | -1.73 | -201.09% | ― | ― | 41.73% |
* Basic Materials Sector Average
AU:MDI
Middle Island Resources Limited
0.01
-0.03
-65.85%
AU:RMX
Red Mountain Mining Ltd
0.01
-0.02
-64.52%
AU:RR1
Reach Resources Limited
0.01
<0.01
7.69%
AU:KAL
Kalgoorlie Gold Mining Limited
0.02
-0.04
-65.45%
AU:CDT
Castle Minerals Limited
0.08
<0.01
12.68%
AU:FG1
Flynn Gold Ltd.
0.01
>-0.01
-39.13%
Middle Island Resources Limited Corporate Events
Middle Island Resources Details 2026 Governance and Reporting Structure
Sep 30, 2026
Middle Island Resources Limited has released its annual financial report for the year ended 30 June 2026, underscoring its status as a listed mineral exploration company on the Australian Securities Exchange. The report highlights the company̵...
Middle Island Sheds NT Tenements to Cut Costs, Retain Copper Royalty Upside
Sep 14, 2026
Middle Island Resources has agreed to sell its 100%-owned Georgina and Barkly Project exploration licences in the Northern Territory, covering about 4,200km², to Alroy Copper Pty Limited. The consideration includes $50,000 in cash, the return...
Middle Island Confirms Large-Scale Gold Targets at Serbian Priboj Project
Aug 25, 2026
Middle Island Resources has identified large, coherent gold targets at the Zabrnjica and Beli Potok prospects within its Ober exploration licence in Serbia. Broad gold-in-soil anomalies, spanning up to 1,000 metres in length and associated with al...
Middle Island Expands Serbian Gold-Silver System and Highlights New CRD Targets
Jul 31, 2026
Middle Island Resources reported outstanding Phase 2 reverse circulation drilling results at its Bobija project in Serbia, confirming a laterally extensive, shallow gold-silver-base metal system that now links the Central, West and North zones int...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.