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$230.44M
Enterprise ValueAU$137.06M
Total Cash (Recent Filing)AU$8.78M
Total Debt (Recent Filing)AU$0.00
Price to Earnings (P/E)―
Beta1.09
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 debt-free capital structure meaningfully reduces refinancing and interest-rate risk for an exploration company. This durable financial flexibility extends runway for multi-stage drilling and permitting cycles and lowers the probability of crisis-driven asset disposals over the next 2–6 months.
Stronger Equity BaseA materially larger equity base improves funding capacity for exploration programs without immediate debt, supporting multi-year project timelines. It also reduces short-term dilution pressure and provides a deeper capital buffer to absorb operating losses while advancing assets.
Exposure To Battery And Precious MetalsA portfolio targeting lithium and gold aligns the company with long-term structural demand for battery metals and safe-haven precious metals. Successful discoveries here can convert into high-value development or transaction outcomes, offering durable upside if exploration succeeds.
Bears Say
No Revenue And Recurring LossesThe absence of operating revenue means the business cannot self-fund exploration or overheads; recurring losses steadily deplete capital. Over a 2–6 month horizon this structural lack of operating cash generation increases reliance on external financing and heightens execution risk.
Negative Free Cash Flow / Cash BurnPersistent negative operating and free cash flow forces ongoing capital raises or asset sales to fund exploration. Although FCF improved in 2025, the continued cash burn limits ability to scale programs independently and risks dilution or project delays absent new funding.
Consistently Negative Returns On EquityNegative ROE indicates the company has not converted invested capital into profits, reflecting low capital efficiency. Even with a larger equity base, sustained negative returns imply shareholder value dilution over time unless operations or asset monetisation materially improve.
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$230.44M.
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 113 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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7
8
9
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 ―
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
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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