Mindax Limited (AU:MDX)
ASX:MDX
MDX Stock Chart & Stats
AU$0.04
AU$0.00(0.00%)
At close: 4:00 PM EST
AU$0.04
AU$0.00(0.00%)
Day’s Range― - ―
52-Week RangeAU$0.03 - AU$0.10
Previous CloseN/A
Volume70.00K
Average Volume (3M)123.96K
Market Cap
AU$70.90M
Enterprise ValueAU$70.78M
Total Cash (Recent Filing)AU$146.18K
Total Debt (Recent Filing)AU$30.20K
Price to Earnings (P/E)―
Beta0.05
Next Earnings
Sep 24, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.00
Shares Outstanding2,363,218,500
10 Day Avg. Volume27,619
30 Day Avg. Volume123,958
Financial Highlights & Ratios
PEG Ratio-2.45
Price to Book (P/B)6.82
Price to Sales (P/S)0.00
P/FCF Ratio-68.49
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Low Leverage / Balance Sheet StrengthExtremely low reported debt and minimal leverage materially reduce solvency and refinancing risk for an exploration company. This structural strength gives management flexibility to pursue project work, withstand exploration cycles, and raise equity on less dilutive terms over the next several months.
Sizable Equity And Asset GrowthA substantial equity base and year-over-year asset growth provide a durable funding buffer for capital-intensive exploration. This capital cushion supports ongoing drilling and studies without immediate debt reliance, preserving optionality to advance or partner projects over the medium term.
Free Cash Flow ImprovementA meaningful improvement in free cash flow versus the prior year indicates initial traction on cost control or cash management. If sustained, this trend reduces the pace of external funding needs, improving runway and the probability that project milestones can be reached without repeated large capital raises.
Bears Say
Persistent Operating Cash BurnMulti-year negative operating cash flow shows the business burns cash to fund operations and exploration. This structural cash outflow depletes equity over time and necessitates ongoing capital raises or asset sales, increasing dilution risk and putting pressure on the company's ability to fund programs without partners.
Minimal And Volatile RevenuePractically no recurring revenue and large year-to-year swings limit operating leverage and forecasting reliability. For an exploration firm this means value depends on discrete non-operating events (transactions or discovery), raising execution risk and reducing stable cash generation prospects over the medium term.
Negative Profitability And ReturnsSustained net losses and consistently negative return on equity indicate the company’s capital base is not generating shareholder returns. Over time this undermines equity value, increases reliance on external funding, and makes it harder to attract long-term investors without a clear path to operational profitability.
Mindax Limited News
MDX FAQ
What was Mindax Limited’s price range in the past 12 months?
Mindax Limited lowest share price was AU$0.03 and its highest was AU$0.10 in the past 12 months.
What is Mindax Limited’s market cap?
Mindax Limited’s market cap is AU$70.90M.
When is Mindax Limited’s upcoming earnings report date?
Mindax Limited’s upcoming earnings report date is Sep 24, 2026 which is in 181 days.
How were Mindax Limited’s earnings last quarter?
Mindax Limited released its earnings results on Mar 16, 2026. The company reported AU$0 earnings per share for the quarter, the consensus estimate of N/A by AU$0.
Is Mindax Limited overvalued?
According to Wall Street analysts Mindax Limited’s price is currently Overvalued.
Does Mindax Limited pay dividends?
Mindax Limited does not currently pay dividends.
What is Mindax Limited’s EPS estimate?
Mindax Limited’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Mindax Limited have?
Mindax Limited has 2,363,218,500 shares outstanding.
What happened to Mindax Limited’s price movement after its last earnings report?
Mindax Limited reported an EPS of AU$0 in its last earnings report, expectations of N/A. Following the earnings report the stock price went same 0%.
Which hedge fund is a major shareholder of Mindax Limited?
Currently, no hedge funds are holding shares in AU:MDX
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
Mindax Limited Stock Smart Score
Underperform
1
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5
6
7
8
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10
Technicals
SMA
Negative
20 days / 200 days
Momentum
7.31%
12-Months-Change
Fundamentals
Return on Equity
-14.18%
Trailing 12-Months
Asset Growth
15.87%
Trailing 12-Months
Company Description
Mindax Limited
Mindax Limited explores for mineral properties in Australia. The company operates in two segments, Gold and Iron Ore. Its principal projects are the Meekatharra gold project and Mt Forrest iron project. The company was incorporated in 2003 and is based in West Perth, Australia.
Technical Analysis
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Options Prices
Currently, No data available
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