Meeka Gold Limited (AU:MEK)
ASX:MEK
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MEK Stock Chart & Stats
AU$0.16
<AU$0.01(2.08%)
At close: 4:00 PM EST
AU$0.16
<AU$0.01(2.08%)
Day’s Range― - ―
52-Week RangeAU$0.12 - AU$0.31
Previous CloseN/A
Volume37.70M
Average Volume (3M)21.90M
Market Cap
AU$353.51M
Enterprise ValueAU$322.69M
Total Cash (Recent Filing)AU$37.29M
Total Debt (Recent Filing)AU$6.47M
Price to Earnings (P/E)12.5
Beta0.81
Next Earnings
Sep 25, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.01
Shares Outstanding2,945,888,200
10 Day Avg. Volume21,449,787
30 Day Avg. Volume21,896,045
Financial Highlights & Ratios
PEG Ratio3.63
Price to Book (P/B)2.03
Price to Sales (P/S)222.02
P/FCF Ratio-4.29
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$0.35Price Target Upside118.75% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)0.02
Revenue Forecast (FY)AU$173.55M
Bulls Say, Bears Say
Bulls Say
Low Leverage / Conservative Balance SheetVery low debt and a large equity base provide durable financial flexibility for multi-stage exploration. This reduces bankruptcy risk, supports continued project funding or staged development, and improves bargaining power with partners over the next 2–6 months.
Initial Top-line Traction (FY2025)A move from no revenue to A$1.39m indicates early commercialization or monetization of assets. While small, recurring receipts can validate project prospects, reduce purely dilutive financing needs, and mark structural progress toward eventual production.
Focused Gold Projects In Western AustraliaConcentrated exposure to gold in a mining-friendly jurisdiction gives structural advantages: established services, permitting pathways and infrastructure. This improves the odds of converting exploration success into development over a medium-term horizon.
Bears Say
Severe Negative Free Cash FlowA sharp deterioration to -A$71.7m FCF materially raises capital needs and dilutive financing risk. Such persistent outflow stresses the company’s ability to fund exploration and development without external capital or farm-outs, creating sustained execution risk.
Persistent Operating And Net LossesOngoing operating and net losses mean the equity base is not yet producing returns. Until margins improve or assets are monetized, the company cannot self-fund growth, constraining strategic options and making long-term sustainability dependent on funding.
High Funding Dependence & Execution RiskThe combination of heavy cash burn and weak profitability elevates the risk that projects will be delayed or downsized without new capital or partners. This structural dependence on external funding can dilute shareholders and slow progression to production.
Meeka Gold Limited News
MEK FAQ
What was Meeka Gold Limited’s price range in the past 12 months?
Meeka Gold Limited lowest share price was AU$0.12 and its highest was AU$0.30 in the past 12 months.
What is Meeka Gold Limited’s market cap?
Meeka Gold Limited’s market cap is AU$353.51M.
When is Meeka Gold Limited’s upcoming earnings report date?
Meeka Gold Limited’s upcoming earnings report date is Sep 25, 2026 which is in 113 days.
How were Meeka Gold Limited’s earnings last quarter?
Meeka Gold Limited released its earnings results on Mar 15, 2026. The company reported AU$0.01 earnings per share for the quarter, beating the consensus estimate of N/A by AU$0.01.
Is Meeka Gold Limited overvalued?
According to Wall Street analysts Meeka Gold Limited’s price is currently Undervalued.
Does Meeka Gold Limited pay dividends?
Meeka Gold Limited does not currently pay dividends.
What is Meeka Gold Limited’s EPS estimate?
Meeka Gold Limited’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Meeka Gold Limited have?
Meeka Gold Limited has 2,945,888,200 shares outstanding.
What happened to Meeka Gold Limited’s price movement after its last earnings report?
Meeka Gold Limited reported an EPS of AU$0.01 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went up 2.273%.
Which hedge fund is a major shareholder of Meeka Gold Limited?
Currently, no hedge funds are holding shares in AU:MEK
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
Meeka Gold Limited Stock Smart Score
Underperform
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Analyst Consensus
Moderate Buy
Average Price Target:
AU$0.35 (118.75% Upside)
AU$0.35 (118.75% Upside)
Blogger Sentiment
Bullish
AU:MEK Sentiment 96%
Sector Average ―
Sector Average ―
Fundamentals
Return on Equity
17.19%
Trailing 12-Months
Asset Growth
102.31%
Trailing 12-Months
Company Description
Meeka Gold Limited
Meeka Metals Limited engages in the exploration of gold and rare earth properties in Australia. Its flagship project is the Murchison gold project covering an area of 343 square kilometers located in the prolific Murchison Gold Fields, Western Australia. The company was formerly known as Meeka Gold Limited and changed its name to Meeka Metals Limited in July 2022. Meeka Metals Limited is based in West Perth, Australia.
MEK Stock 12 Month Forecast
Average Price Target
AU$0.35
▲(118.75% Upside)
Technical Analysis
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Options Prices
Currently, No data available
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