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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)880.13K
Market Cap
AU$331.01M
Enterprise ValueAU$143.94M
Total Cash (Recent Filing)AU$8.78M
Total Debt (Recent Filing)AU$0.00
Price to Earnings (P/E)―
Beta1.45
Next Earnings
Sep 15, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.02
Shares Outstanding246,102,430
10 Day Avg. Volume748,822
30 Day Avg. Volume880,125
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 limits refinancing and interest-pressure risk while Midas advances its exploration portfolio. This provides greater flexibility to fund work through equity or project transactions, although it does not eliminate the need for external capital.
Stronger Equity BaseThe materially larger equity base improves financial resilience and provides more capacity to sustain exploration programs. It can also support negotiations with project partners, though future funding may still dilute existing shareholders.
Lithium And Gold Exploration OptionalityExposure to multiple commodities and several potential project pathways gives Midas strategic optionality. Successful discoveries could be monetised through partnerships or development decisions without requiring the company to become a large-scale operator.
Bears Say
No Operating RevenueWithout recurring operating revenue, Midas cannot currently fund exploration from internal business cash flows. Its financial progress therefore remains dependent on discoveries, asset transactions, or partners converting exploration assets into commercial value.
Persistent Cash BurnContinued negative operating and free cash flow means exploration consumes capital rather than generating it. Even with improved burn in 2025, ongoing funding requirements could constrain work programs or require additional equity and project-level financing.
Reliance On External FundingThe exploration-stage model relies on equity markets, joint ventures, farm-ins, or asset sales because commercial production is not established. This creates execution and dilution risk if capital availability weakens or partners do not advance projects.
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$331.01M.
When is Midas Minerals Limited’s upcoming earnings report date?
Midas Minerals Limited’s upcoming earnings report date is Sep 15, 2026 which is in 9 days.
How were Midas Minerals Limited’s earnings last quarter?
Midas Minerals Limited released its earnings results on Mar 27, 2026. The company reported -AU$0.01 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 246,102,430 shares outstanding.
What happened to Midas Minerals Limited’s price movement after its last earnings report?
Midas Minerals Limited reported an EPS of -AU$0.01 in its last earnings report. Following the earnings report the stock price went down -0.637%.
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
Outperform
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 ―
Sector Average ―
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
236.25%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
285.33%
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
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