Mindax Limited (AU:MDX)
ASX:MDX
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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$0.02 - AU$0.16
Previous CloseN/A
Volume70.00K
Average Volume (3M)123.96K
Market Cap
AU$42.54M
Enterprise ValueAU$42.42M
Total Cash (Recent Filing)AU$146.18K
Total Debt (Recent Filing)AU$30.20K
Price to Earnings (P/E)―
Beta0.16
Next Earnings
Sep 24, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)<0.01
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 / Strong Balance SheetVery low debt on the balance sheet reduces solvency risk and preserves financial optionality. For an exploration company facing recurring cash needs, minimal leverage extends runway, lowers refinancing pressure and gives management the flexibility to fund target drill programs or opportunistic acquisitions without urgent debt servicing constraints.
Sizable Equity Base & Asset GrowthA meaningful equity base and year-over-year asset growth provide a durable capital foundation to support ongoing exploration and project advancement. Stronger asset levels increase the company's ability to carry projects through multiple drilling seasons and signal capacity to absorb near-term losses without immediate insolvency risk.
Focused Exploration Business ModelA clear strategic focus on exploration in Western Australia concentrates technical expertise and project pipeline management. That specialization supports efficient allocation of capital to high-potential tenements and aligns the company with enduring structural demand for gold and minerals, preserving optional upside from discovery success.
Bears Say
Persistent Cash BurnSustained negative operating cash flow shows the business routinely consumes capital to fund exploration and operations. Over months this necessitates external financing, raising dilution or covenant risk and constraining the ability to accelerate high-return projects without securing new capital, a structural funding vulnerability.
Minimal And Volatile RevenueLack of stable revenue means the company cannot rely on operating cash generation to fund activities. For an explorer, zero-to-trivial sales leaves progress dependent on capital markets and one-off transactions, reducing predictability of project funding and making multi-quarter planning and reinvestment more uncertain.
Consistent Losses And Negative Returns On EquityRepeated net losses and negative ROE indicate the existing capital base is not generating returns. Over time this erodes shareholder value and limits the firm's ability to self-fund exploration, increasing reliance on dilutive equity raises or asset sales and reducing strategic flexibility to pursue high-cost, long-duration projects.
Mindax Limited News
MDX FAQ
What was Mindax Limited’s price range in the past 12 months?
Mindax Limited lowest share price was AU$0.02 and its highest was AU$0.16 in the past 12 months.
What is Mindax Limited’s market cap?
Mindax Limited’s market cap is AU$42.54M.
When is Mindax Limited’s upcoming earnings report date?
Mindax Limited’s upcoming earnings report date is Sep 24, 2026 which is in 126 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
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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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