Midas Minerals Limited (AU:MM1)
ASX:MM1
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MM1 Stock Chart & Stats
AU$0.92
>-AU$0.01(-2.60%)
At close: 4:00 PM EST
AU$0.92
>-AU$0.01(-2.60%)
Day’s Range― - ―
52-Week RangeAU$0.23 - AU$1.14
Previous CloseN/A
Volume467.44K
Average Volume (3M)176.59K
Market Cap
AU$229.24M
Enterprise ValueAU$140.12M
Total Cash (Recent Filing)AU$8.78M
Total Debt (Recent Filing)AU$0.00
Price to Earnings (P/E)―
Beta1.06
Next Earnings
Sep 15, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.02
Shares Outstanding241,302,430
10 Day Avg. Volume263,478
30 Day Avg. Volume176,585
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 Upside63.04% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Conservative Balance Sheet (no Debt)A zero-debt balance sheet materially reduces refinancing and interest-rate risk for an exploration company. This structural strength preserves financial optionality to fund programs through equity or JV deals, lowering insolvency risk and sustaining operations across commodity cycles.
Material Equity Capital Increase In 2025A sizable equity increase meaningfully strengthens the capital base, improving the company's ability to fund multi-stage exploration without immediate revenue. This enhances funding runway, credibility with partners, and reduces near-term dilution pressure versus repeated small raises.
Improving Cash Burn And Narrower LossesYear-over-year improvement in free cash flow and narrower net losses indicates better cost control or program prioritization. While still negative, the trend reduces short-term funding needs and shows management is slowing cash burn, which supports sustainability over the next several months.
Bears Say
No Operating RevenueAbsence of operating revenue is a structural weakness: the business cannot self-fund exploration or development and remains dependent on external capital. This limits margin improvement prospects and keeps profitability distant until commercial resources or transactions materialize.
Persistent Negative Cash FlowConsistent negative operating and free cash flow creates ongoing funding requirements and heightens dilution or financing risk. Over a multi-month horizon, continued cash burn constrains ability to scale programs, forces trade-offs, and may pressure strategic options if markets tighten.
Negative Returns On EquitySustained negative ROE signals the company is not converting capital into profitable returns. This structural inefficiency undermines investor returns and indicates that additional capital raises may not yield proportional value creation until exploration success or a profitable transaction occurs.
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$0.23 and its highest was AU$1.14 in the past 12 months.
What is Midas Minerals Limited’s market cap?
Midas Minerals Limited’s market cap is AU$229.24M.
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 102 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, missing the consensus estimate of N/A by -AU$0.01.
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 241,302,430 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, missing expectations of N/A. 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
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10
Analyst Consensus
Moderate Buy
Average Price Target:
AU$1.50 (63.04% Upside)
AU$1.50 (63.04% Upside)
Blogger Sentiment
Bullish
AU:MM1 Sentiment 67%
Sector Average ―
Sector Average ―
Technicals
SMA
Positive
20 days / 200 days
Momentum
411.90%
12-Months-Change
Fundamentals
Return on Equity
-18.89%
Trailing 12-Months
Asset Growth
285.33%
Trailing 12-Months
Company Description
Midas Minerals Limited
Midas Minerals Limited engages in exploration and evaluation of mineral resources. The company primarily explores for gold and base metals in the Eastern Goldfields of Western Australia. Its projects include the Weebo gold project covering 198 square kilometers and 2 exploration licenses located near Leinster, Western Australia; the Challa project, which consists of 2 exploration licenses and 3 license applications covering 859 square kilometers located to the east of Mt Magnet in Western Australia; and the Midas' Newington project that includes 2 exploration licenses covering 94.3 square kilometers located to southern cross greenstone belt; and the Greenbush lithium project covering 102 kilometers located in Ontario, Canada. Midas Minerals Limited was incorporated in 2018 is based in West Perth, Australia.
MM1 Stock 12 Month Forecast
Average Price Target
AU$1.50
▲(63.04% Upside)
Technical Analysis
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Options Prices
Currently, No data available
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