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MEI Stock Chart & Stats
AU$0.23
AU$0.01(5.56%)
At close: 4:00 PM EDT
AU$0.23
AU$0.01(5.56%)
Day’s Range― - ―
52-Week RangeAU$0.12 - AU$0.26
Previous CloseN/A
Volume6.79M
Average Volume (3M)7.47M
Market Cap
AU$523.19M
Enterprise ValueAU$373.60
Total Cash (Recent Filing)AU$10.97M
Total Debt (Recent Filing)AU$322.93K
Price to Earnings (P/E)―
Beta2.49
Next Earnings
Sep 24, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.02
Shares Outstanding2,906,619,000
10 Day Avg. Volume6,269,062
30 Day Avg. Volume7,473,764
Financial Highlights & Ratios
PEG Ratio0.51
Price to Book (P/B)7.78
Price to Sales (P/S)0.00
P/FCF Ratio-22.73
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$0.38Price Target Upside63.77% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering3
EPS Forecast (FY)-0.01
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Very Low LeverageVery low leverage reduces solvency pressure and leaves the company less exposed to interest costs or debt refinancing than a highly geared explorer. This financial flexibility can help preserve capacity for exploration and project advancement while limiting balance-sheet stress during periods without operating revenue.
Substantial Capital BaseThe sizeable asset and equity base provides a meaningful foundation for an exploration-stage business, supporting continued evaluation of mineral tenements and resource definition work. Although it does not remove funding needs, this capital base may provide greater resilience than a company with minimal assets or equity.
Rare-earth Project OptionalityA primary focus on rare earth elements gives Meteoric exposure to projects that can potentially create value through resource definition, development, partnerships, or asset monetisation. This model offers several routes to crystallise project value beyond eventual self-funded production, if exploration outcomes support them.
Bears Say
Persistent Cash BurnSustained operating and free-cash-flow outflows show that the business consumes cash rather than generating it internally. Worsening free cash flow increases the need to preserve liquidity or secure external funding, potentially limiting exploration pace and reducing flexibility in capital allocation over coming periods.
Severe UnprofitabilityRecurring large losses and inconsistent or negligible revenue indicate that Meteoric has not yet established a self-sustaining operating model. Deeply negative margins mean any intermittent revenue is insufficient to cover the cost base, leaving project progress dependent on future exploration success or external capital.
Ongoing Dilution RiskBecause the company is exploration-stage, has no consistent product revenue, and continues to record heavy losses, additional funding may be needed to maintain activity. If that funding comes through equity issuance, existing shareholders could face dilution and weaker returns while projects remain pre-production.
Meteoric Resources NL News
MEI FAQ
What was Meteoric Resources NL’s price range in the past 12 months?
Meteoric Resources NL lowest share price was AU$0.12 and its highest was AU$0.26 in the past 12 months.
What is Meteoric Resources NL’s market cap?
Meteoric Resources NL’s market cap is AU$523.19M.
When is Meteoric Resources NL’s upcoming earnings report date?
Meteoric Resources NL’s upcoming earnings report date is Sep 24, 2026 which is in 2 days.
How were Meteoric Resources NL’s earnings last quarter?
Meteoric Resources NL released its earnings results on Sep 01, 2026. The company reported -AU$0.01 earnings per share for the quarter, missing the consensus estimate of -AU$0.006 by -AU$0.004.
Is Meteoric Resources NL overvalued?
According to Wall Street analysts Meteoric Resources NL’s price is currently Undervalued.
Does Meteoric Resources NL pay dividends?
Meteoric Resources NL does not currently pay dividends.
What is Meteoric Resources NL’s EPS estimate?
Meteoric Resources NL’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Meteoric Resources NL have?
Meteoric Resources NL has 2,906,619,000 shares outstanding.
What happened to Meteoric Resources NL’s price movement after its last earnings report?
Meteoric Resources NL reported an EPS of -AU$0.01 in its last earnings report, missing expectations of -AU$0.006. Following the earnings report the stock price went down -9.524%.
Which hedge fund is a major shareholder of Meteoric Resources NL?
Currently, no hedge funds are holding shares in AU:MEI
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
Meteoric Resources NL Stock Smart Score
Neutral
1
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3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
AU$0.38 (63.77% Upside)
AU$0.38 (63.77% Upside)
Blogger Sentiment
Bullish
AU:MEI Sentiment 98%
Sector Average 67%
Sector Average 67%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
33.33%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
305.70%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Meteoric Resources NL
Meteoric Resources NL is an exploration firm actively identifying mineral deposits across Brazil, Canada, Western Australia, and the Northern Territory. Their search targets valuable commodities such as gold, copper, cobalt, diamonds, and silver. The company's diverse portfolio includes the Palm Springs gold project in Western Australia, covering approximately 12,500 hectares, as well as Brazil's Juruena project and the 15-square-kilometer Novo Astro gold project. Additionally, Meteoric holds the Warrego North IOCG project in the Northern Territory and has interests in the Mulligan, Mulligan East, Beauchamp, and Iron Mask projects situated in Ontario, Canada. Established in 2004, the company's operations are headquartered in West Perth, Australia.
MEI Stock 12 Month Forecast
Average Price Target
AU$0.38
▲(63.77% Upside)
Technical Analysis
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