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$70.90M
Enterprise ValueAU$44.79M
Total Cash (Recent Filing)AU$146.18K
Total Debt (Recent Filing)AU$30.20K
Price to Earnings (P/E)―
Beta-0.07
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 / Strong Balance SheetVery low debt and a sizable equity base materially reduce solvency and covenant risk for an exploration company. This durability provides financial flexibility to fund staged exploration, engage partners or bridge programs without immediate insolvency pressure, supporting multi‑month project continuity.
Growing Asset Base And Capital ResourcesAn expanding asset base indicates recent capital inflows or investments that raise the company’s optionality to advance tenements and drilling programs. Over several months this reduces the urgency for fire‑sale disposals and supports measured project development or farm‑out negotiations.
Exploration-focused, Scalable Business ModelA pure exploration model keeps fixed operating overheads relatively low and provides asymmetric upside if discoveries occur. Structurally, success converts modest spending into scalable resource value, allowing capital to be directed to high‑impact programs with clear optionality for partners or developers.
Bears Say
Persistent Negative Operating Cash FlowSustained cash burn means the business must repeatedly access external funding to sustain exploration. Over a 2–6 month horizon this creates dilution and execution risk for planned programs, constrains strategic optionality, and makes timelines for value‑creating milestones dependent on capital markets.
Minimal And Volatile Revenue BaseNear‑zero and unpredictable revenue eliminates internal funding routes and prevents operating leverage. This weakens cash generation potential and increases reliance on equity or asset transactions to fund growth, reducing visibility on sustainable operations across multiple months.
Consistent Losses And Negative Returns On EquityRecurrent operating losses and negative ROE indicate the capital base is not generating returns. Persisting loss trends erode shareholder value and force strategic tradeoffs (dilution, asset sales, or cost cuts), making durable profitability dependent on successful exploration outcomes.
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$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 147 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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