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Meeka Gold Limited (AU:MEK)
ASX:MEK
MEK Stock Chart & Stats
AU$0.22
<AU$0.01(2.08%)
At close: 4:00 PM EST
AU$0.22
<AU$0.01(2.08%)
Day’s Range― - ―
52-Week RangeAU$0.12 - AU$0.31
Previous CloseN/A
Volume37.70M
Average Volume (3M)21.90M
Market Cap
AU$633.37M
Enterprise ValueAU$609.24M
Total Cash (Recent Filing)AU$55.65M
Total Debt (Recent Filing)AU$2.06M
Price to Earnings (P/E)―
Beta0.44
Next Earnings
Mar 12, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding2,945,888,200
10 Day Avg. Volume21,449,787
30 Day Avg. Volume21,896,045
Financial Highlights & Ratios
PEG Ratio3.63
Price to Book (P/B)2.03
Price to Sales (P/S)222.02
P/FCF Ratio-4.29
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$0.40Price Target Upside82.68% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Low Leverage / Strong Balance SheetVery low debt-to-equity (~0.01) and a conservative balance sheet give Meeka flexibility to fund exploration and development without immediate refinancing. This reduces default risk, supports permitting and study work, and makes the company structurally resilient during multi-quarter development cycles.
Revenue EmergenceRevenue emergence in FY2025 (A$1.39m vs A$0) signals project advancement from pure exploration toward early commercial activity. While modest, recurring receipts validate work programs, can de-risk technical outcomes and improve prospects for joint ventures or offtake discussions over the next 2-6 months.
Large Equity Capital BaseA substantial equity base (~A$151.6m) provides a capital cushion to support studies, permitting and staged development without immediate debt reliance. This enhances negotiating leverage with partners and limits short-term refinancing pressure during the multi-quarter project maturation process.
Bears Say
Deteriorating Free Cash FlowFree cash flow deteriorated sharply to about -A$71.7m in FY2025 (from -A$7.0m), with operating cash flow around -A$4.5m. Large negative cash generation increases dependence on external funding, raises dilution risk, and could delay project timelines or force scope reductions if capital access tightens.
Persistent Operating LossesOperating loss (~A$1.9m) and net loss (~A$4.2m) with deeply negative margins show the company is not generating profits despite early revenue. Persistent losses pressure returns, constrain reinvestment capacity, and weaken the company's ability to self-fund progression to production over the medium term.
Elevated Funding And Execution RiskAnalysts flag elevated funding and execution risk due to the investment-heavy profile and worsening cash metrics. Sustained negative operating and free cash flow mean project execution depends on successful capital raises, joint ventures or asset sales, raising probability of delays or diluted outcomes.
Meeka Gold Limited News
MEK FAQ
What was Meeka Gold Limited’s price range in the past 12 months?
Meeka Gold Limited lowest share price was AU$0.12 and its highest was AU$0.30 in the past 12 months.
What is Meeka Gold Limited’s market cap?
Meeka Gold Limited’s market cap is AU$633.37M.
When is Meeka Gold Limited’s upcoming earnings report date?
Meeka Gold Limited’s upcoming earnings report date is Mar 12, 2026 which is in 20 days.
How were Meeka Gold Limited’s earnings last quarter?
Meeka Gold Limited released its earnings results on Sep 29, 2025. The company reported -AU$0.001 earnings per share for the quarter, missing the consensus estimate of N/A by -AU$0.001.
Is Meeka Gold Limited overvalued?
According to Wall Street analysts Meeka Gold Limited’s price is currently Undervalued.
Does Meeka Gold Limited pay dividends?
Meeka Gold Limited does not currently pay dividends.
What is Meeka Gold Limited’s EPS estimate?
Meeka Gold Limited’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Meeka Gold Limited have?
Meeka Gold Limited has 2,945,888,200 shares outstanding.
What happened to Meeka Gold Limited’s price movement after its last earnings report?
Meeka Gold Limited reported an EPS of -AU$0.001 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went up 2.273%.
Which hedge fund is a major shareholder of Meeka Gold Limited?
Currently, no hedge funds are holding shares in AU:MEK
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
Meeka Gold Limited Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
AU$0.40 (82.68% Upside)
AU$0.40 (82.68% Upside)
Blogger Sentiment
Bullish
AU:MEK Sentiment 98%
Sector Average ―
Sector Average ―
Fundamentals
Return on Equity
-4.97%
Trailing 12-Months
Asset Growth
356.27%
Trailing 12-Months
Company Description
Meeka Gold Limited
Meeka Metals Limited engages in the exploration of gold and rare earth properties in Australia. Its flagship project is the Murchison gold project covering an area of 343 square kilometers located in the prolific Murchison Gold Fields, Western Australia. The company was formerly known as Meeka Gold Limited and changed its name to Meeka Metals Limited in July 2022. Meeka Metals Limited is based in West Perth, Australia.
MEK Stock 12 Month Forecast
Average Price Target
AU$0.40
▲(82.68% Upside)
Technical Analysis
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Options Prices
Currently, No data available
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