Mindax Limited (AU:MDX)
ASX:MDX
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MDX Stock Chart & Stats
AU$0.04
AU$0.00(0.00%)
At close: 4:00 PM EST
AU$0.04
AU$0.00(0.00%)
Day’s Range― - ―
52-Week RangeAU$0.02 - AU$0.16
Previous CloseN/A
Volume70.00K
Average Volume (3M)123.96K
Market Cap
AU$44.90M
Enterprise ValueAU$44.79M
Total Cash (Recent Filing)AU$146.18K
Total Debt (Recent Filing)AU$30.20K
Price to Earnings (P/E)―
Beta0.25
Next Earnings
Sep 24, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)<0.01
Shares Outstanding2,363,218,500
10 Day Avg. Volume27,619
30 Day Avg. Volume123,958
Financial Highlights & Ratios
PEG Ratio-2.45
Price to Book (P/B)6.82
Price to Sales (P/S)0.00
P/FCF Ratio-68.49
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
Low LeverageVery low debt and minimal leverage materially reduce solvency and refinancing risk for an exploration company. Over the next 2–6 months this financial flexibility helps sustain ongoing exploration spend and gives management optionality to time any capital raises or farm-outs more favorably.
Sizable Equity / Asset BaseA meaningful equity base and rising reported assets provide a tangible buffer against exploration write-offs and funding shocks. This capital base supports project advancement and preserves survivability while the company seeks value-creating discoveries or strategic partners.
Jurisdictional Focus In Western AustraliaOperating in Western Australia gives structural advantages: access to mineral-rich geology, established mining services, and supportive permitting/infrastructure. For an explorer, this improves the long-term odds of viable discoveries and reduces execution complexity versus frontier jurisdictions.
Bears Say
Persistent Cash BurnConsistent negative operating cash flow indicates ongoing funding requirements and limited self-sustainability. Over the medium term this raises dilution risk from equity raises or pressure to secure JV/farm-out deals, constraining the company’s ability to advance projects without external capital.
Minimal And Volatile RevenueNear-zero and highly volatile revenue curtails operating leverage and makes cash generation from operations unlikely in the near term. This structural lack of recurring income leaves the business reliant on financing activity and increases execution risk for project development over the next several months.
Sustained Losses And Negative ROERepeated net losses and negative ROE show the capital base has not delivered returns. Persisting unprofitability erodes equity value and increases the likelihood of asset write-downs or dilutive capital raises, impairing long-term shareholder value absent a clear project success.
Mindax Limited News
MDX FAQ
What was Mindax Limited’s price range in the past 12 months?
Mindax Limited lowest share price was AU$0.02 and its highest was AU$0.16 in the past 12 months.
What is Mindax Limited’s market cap?
Mindax Limited’s market cap is AU$44.90M.
When is Mindax Limited’s upcoming earnings report date?
Mindax Limited’s upcoming earnings report date is Sep 24, 2026 which is in 105 days.
How were Mindax Limited’s earnings last quarter?
Mindax Limited released its earnings results on Mar 16, 2026. The company reported AU$0 earnings per share for the quarter, the consensus estimate of N/A by AU$0.
Is Mindax Limited overvalued?
According to Wall Street analysts Mindax Limited’s price is currently Overvalued.
Does Mindax Limited pay dividends?
Mindax Limited does not currently pay dividends.
What is Mindax Limited’s EPS estimate?
Mindax Limited’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Mindax Limited have?
Mindax Limited has 2,363,218,500 shares outstanding.
What happened to Mindax Limited’s price movement after its last earnings report?
Mindax Limited reported an EPS of AU$0 in its last earnings report, expectations of N/A. Following the earnings report the stock price went same 0%.
Which hedge fund is a major shareholder of Mindax Limited?
Currently, no hedge funds are holding shares in AU:MDX
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
Mindax Limited Stock Smart Score
Underperform
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10
Technicals
SMA
Negative
20 days / 200 days
Momentum
7.31%
12-Months-Change
Fundamentals
Return on Equity
-14.18%
Trailing 12-Months
Asset Growth
15.87%
Trailing 12-Months
Company Description
Mindax Limited
Mindax Limited, an Australian-based company established in 2003, specializes in the exploration of mineral resources across the country. Its operations are divided into two primary sectors: gold and iron ore. Notable undertakings include the Meekatharra gold project and the Mt Forrest iron project. The firm's headquarters are situated in West Perth, Australia.
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Options Prices
Currently, No data available
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