Want to see AU:MM1 full AI Analyst Report?
MM1 Stock Chart & Stats
AU$1.34
AU$0.06(8.11%)
At close: 4:00 PM EDT
AU$1.34
AU$0.06(8.11%)
Day’s Range― - ―
52-Week RangeAU$0.35 - AU$1.41
Previous CloseN/A
Volume1.22M
Average Volume (3M)451.66K
Market Cap
AU$232.96M
Enterprise ValueAU$170.33M
Total Cash (Recent Filing)AU$29.15M
Total Debt (Recent Filing)AU$0.00
Price to Earnings (P/E)―
Beta1.78
Next Earnings
Mar 26, 2027EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.03
Shares Outstanding247,832,430
10 Day Avg. Volume540,558
30 Day Avg. Volume451,656
Financial Highlights & Ratios
PEG Ratio0.62
Price to Book (P/B)4.53
Price to Sales (P/S)0.00
P/FCF Ratio-47.75
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$1.50Price Target Upside11.94% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Debt-Free Balance SheetZero debt across every year shown removes refinancing and interest-burden pressure, giving the company greater flexibility while it funds exploration. This conservative structure can help preserve strategic options through commodity or project volatility, even though it does not solve the lack of operating earnings.
Strengthened Equity BaseEquity rose materially in 2025, strengthening the capital base and providing a larger cushion for continued exploration activity. Greater capitalization can improve resilience and preserve strategic options, although future value creation still depends on project outcomes and disciplined use of funds.
Narrowing LossesThe reduction in reported losses indicates some improvement in financial performance over the period, which may help moderate the rate of value erosion if sustained. However, the company remains unprofitable, so this is an incremental improvement rather than evidence of an established earnings model.
Bears Say
No Operating RevenueThe absence of revenue means Midas has not yet demonstrated a self-funded operating model or recurring commercial inflows. Its ability to advance projects therefore remains dependent on funding and successful project transactions, leaving long-term financial performance tied to exploration outcomes.
Persistent UnprofitabilityRecurring losses show that current activities are not converting invested capital into profits, while negative returns on equity indicate weak capital efficiency. Until projects produce revenue or generate successful transactions, ongoing losses can constrain compounding and increase reliance on external funding.
Ongoing Cash BurnPersistent negative operating and free cash flow indicates that the business consumes cash rather than funding its activities internally. Although the 2025 burn improved from 2024, continued outflows can reduce financial flexibility and require further capital or project-level funding over time.
Midas Minerals Limited News
MM1 FAQ
What was Midas Minerals Limited’s price range in the past 12 months?
Midas Minerals Limited lowest share price was AU$0.35 and its highest was AU$1.41 in the past 12 months.
What is Midas Minerals Limited’s market cap?
Midas Minerals Limited’s market cap is AU$232.96M.
When is Midas Minerals Limited’s upcoming earnings report date?
Midas Minerals Limited’s upcoming earnings report date is Mar 26, 2027 which is in 155 days.
How were Midas Minerals Limited’s earnings last quarter?
Midas Minerals Limited released its earnings results on Sep 10, 2026. The company reported -AU$0.016 earnings per share for the quarter.
Is Midas Minerals Limited overvalued?
According to Wall Street analysts Midas Minerals Limited’s price is currently Undervalued.
Does Midas Minerals Limited pay dividends?
Midas Minerals Limited does not currently pay dividends.
What is Midas Minerals Limited’s EPS estimate?
Midas Minerals Limited’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Midas Minerals Limited have?
Midas Minerals Limited has 247,832,430 shares outstanding.
What happened to Midas Minerals Limited’s price movement after its last earnings report?
Midas Minerals Limited reported an EPS of -AU$0.016 in its last earnings report. Following the earnings report the stock price went up 0.38%.
Which hedge fund is a major shareholder of Midas Minerals Limited?
Currently, no hedge funds are holding shares in AU:MM1
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
Midas Minerals Limited Stock Smart Score
Neutral
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
AU$1.50 (11.94% Upside)
AU$1.50 (11.94% Upside)
Blogger Sentiment
Bullish
AU:MM1 Sentiment 100%
Sector Average 68%
Sector Average 68%
Technicals
SMA
Positive
20 days / 200 days
Momentum
123.80%
12-Months-Change
Fundamentals
Return on Equity
-16.03%
Trailing 12-Months
Asset Growth
397.81%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Midas Minerals Limited
Midas Minerals Limited specializes in the exploration and assessment of mineral resources. The company primarily targets gold and base metals within Western Australia's Eastern Goldfields region. Its portfolio includes several key ventures: the Weebo gold project, spanning 198 square kilometers across two exploration licenses near Leinster, Western Australia; the Challa project, an 859-square-kilometer area comprising two exploration licenses and three license applications located east of Mt Magnet, Western Australia; and the Newington project, covering 94.3 square kilometers via two exploration licenses in the Southern Cross Greenstone Belt. Additionally, Midas Minerals has a presence in Canada with its Greenbush lithium project, which encompasses 102 kilometers in Ontario. Established in 2018, Midas Minerals Limited is headquartered in West Perth, Australia.
MM1 Stock 12 Month Forecast
Average Price Target
AU$1.50
▲(11.94% Upside)
Technical Analysis
Strickland Metals Ltd
―
Manuka Resources Ltd
―
Carnaby Resources Ltd.
―
Many Peaks Gold Ltd.
―
Coolabah Metals Ltd.
―







