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MDX Stock Chart & Stats
AU$0.04
AU$0.00(0.00%)
At close: 4:00 PM EDT
AU$0.04
AU$0.00(0.00%)
Day’s Range― - ―
52-Week RangeAU$0.02 - AU$0.16
Previous CloseN/A
Volume116.77K
Average Volume (3M)123.96K
Market Cap
AU$59.08M
Enterprise ValueAU$47.15M
Total Cash (Recent Filing)AU$146.18K
Total Debt (Recent Filing)AU$30.20K
Price to Earnings (P/E)―
Beta0.63
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-2.50
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
Very Low LeverageExtremely low debt reduces solvency and refinancing risk, giving the company durable financial flexibility to fund exploration cycles or pursue farm-outs/transactions. This structural conservatism lengthens runway and supports strategic optionality despite near-term losses.
Sizable Equity And Asset BaseA meaningful equity base and growing assets provide a capital foundation to advance projects or structure joint ventures without immediate dilution. This strengthens negotiating position for transactions and underpins medium-term development options for project monetisation.
Free Cash Flow ImprovedA marked improvement in free cash flow indicates progress in cash management or lower outlays, reducing near-term funding pressure. If sustained, this trend increases survivability and reduces the urgency of dilutive financing while the company pursues asset transactions.
Bears Say
Persistent Operating LossesOngoing negative EBIT and recurring net losses weaken internal funding capacity and erode shareholder capital over time. For an exploration business, sustained operating deficits limit the ability to advance projects organically and increase dependence on external capital or asset disposals.
Minimal, Volatile RevenueNear-zero and inconsistent revenue suggests reliance on sporadic asset receipts or one-off transactions rather than stable operating income. This structural revenue instability reduces visibility, constrains planning, and heightens execution risk until a clear monetisation path exists.
Consistent Cash BurnRepeated negative operating cash flows require ongoing external funding or asset sales. Even with low debt, persistent cash burn limits strategic flexibility, raises dilution risk from financings, and threatens continuity of exploration programs if funding becomes constrained.
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$59.08M.
When is Mindax Limited’s upcoming earnings report date?
Mindax Limited’s upcoming earnings report date is Sep 24, 2026 which is in 49 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
1
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3
4
5
6
7
8
9
10
Technicals
SMA
Negative
20 days / 200 days
Momentum
7.31%
12-Months-Change
Fundamentals
Return on Equity
―
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.
Technical Analysis
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