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Megado Gold Ltd. (AU:MEG)
ASX:MEG
MEG Stock Chart & Stats
AU$0.03
AU$0.00(0.00%)
At close: 4:00 PM EST
AU$0.03
AU$0.00(0.00%)
Day’s Range― - ―
52-Week Range<AU$0.01 - AU$0.05
Previous CloseN/A
Volume18.00
Average Volume (3M)691.00K
Market Cap
AU$18.08M
Enterprise ValueAU$15.82M
Total Cash (Recent Filing)AU$2.26M
Total Debt (Recent Filing)AU$0.00
Price to Earnings (P/E)―
Beta1.27
Next Earnings
Mar 19, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding645,683,300
10 Day Avg. Volume419,585
30 Day Avg. Volume691,002
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)0.68
Price to Sales (P/S)0.00
P/FCF Ratio-7.19
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
Debt-free Balance SheetA debt-free balance sheet materially lowers financial risk for a pre-revenue explorer. It preserves flexibility to time capital raises, avoid restrictive covenants, and prioritize drilling budgets. This structural strength supports survival through commodity cycles and funds program optionality.
Improved Free Cash Flow In 2024A meaningful FCF improvement year-over-year suggests better cost control or reduced investing outflows. While still negative, the trend toward lower cash burn is durable over months and can extend runway, reduce immediate dilution needs, and improve the company’s ability to fund staged exploration programs.
Focused Exploration Business ModelA clear, repeatable exploration model (tenement acquisition, surveys, drilling, resource definition) provides structural optionality: successful results can create scalable value. The business model’s milestones are durable drivers of value over 2–6 months as projects advance through defined technical stages.
Bears Say
Pre-revenue, Persistent LossesBeing pre-revenue with recurring, material losses limits intrinsic cash generation and forces reliance on external funding. Structural unprofitability increases dilution risk and reduces the company’s ability to self-fund exploration or advancement to development without repeated capital raises over the medium term.
Consistent Negative Operating Cash FlowPersistent negative operating cash flow is a durable drain on resources and shortens runway absent financing. That ongoing cash burn constrains program pacing, increases financing frequency, and raises execution risk for multi-stage exploration campaigns over the 2–6 month horizon.
Declining Equity And Asset BaseShrinking equity and assets reflect capital depletion from losses or dilution and reduce the financial cushion for operations. This weaker balance sheet limits flexibility to scale successful projects and increases the company’s vulnerability to adverse funding conditions over the medium term.
Megado Gold Ltd. News
MEG FAQ
What was Megado Gold Ltd.’s price range in the past 12 months?
Megado Gold Ltd. lowest share price was <AU$0.01 and its highest was AU$0.05 in the past 12 months.
What is Megado Gold Ltd.’s market cap?
Megado Gold Ltd.’s market cap is AU$18.08M.
When is Megado Gold Ltd.’s upcoming earnings report date?
Megado Gold Ltd.’s upcoming earnings report date is Mar 19, 2026 which is in 24 days.
How were Megado Gold Ltd.’s earnings last quarter?
Megado Gold Ltd. released its earnings results on Aug 18, 2025. The company reported -AU$0.002 earnings per share for the quarter, missing the consensus estimate of N/A by -AU$0.002.
Is Megado Gold Ltd. overvalued?
According to Wall Street analysts Megado Gold Ltd.’s price is currently Overvalued.
Does Megado Gold Ltd. pay dividends?
Megado Gold Ltd. does not currently pay dividends.
What is Megado Gold Ltd.’s EPS estimate?
Megado Gold Ltd.’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Megado Gold Ltd. have?
Megado Gold Ltd. has 645,683,300 shares outstanding.
What happened to Megado Gold Ltd.’s price movement after its last earnings report?
Megado Gold Ltd. reported an EPS of -AU$0.002 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went same 0%.
Which hedge fund is a major shareholder of Megado Gold Ltd.?
Currently, no hedge funds are holding shares in AU:MEG
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
Megado Gold Ltd. Stock Smart Score
Neutral
1
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3
4
5
6
7
8
9
10
Technicals
SMA
Positive
20 days / 200 days
Momentum
164.28%
12-Months-Change
Fundamentals
Return on Equity
-51.02%
Trailing 12-Months
Asset Growth
11.87%
Trailing 12-Months
Company Description
Megado Gold Ltd.
Megado Minerals Limited operates as a mineral exploration company in North America. It explores for rare earth elements and lithium. The company holds 100% interest in North Fork Rare Earth Project comprising 499 mining lode claims covering approximately 42 square kilometers in the Salmon-Challis National Forest in Lemhi County, Idaho. It also holds interests in the Cyclone lithium project comprising 304 claims covering 130 square kilometers located near the James Bay region in Quebec, Canada. The company was formerly known as Megado Gold Limited and changed its name to Megado Minerals Limited in July 2022. Megado Minerals Limited was incorporated in 2019 and is based in Perth, Australia.
Technical Analysis
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Options Prices
Currently, No data available
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