Mindax Limited (AU:MDX)
ASX:MDX
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$0.03 - AU$0.10
Previous CloseN/A
Volume70.00K
Average Volume (3M)123.96K
Market Cap
AU$70.90M
Enterprise ValueAU$70.78M
Total Cash (Recent Filing)AU$146.18K
Total Debt (Recent Filing)AU$30.20K
Price to Earnings (P/E)―
Beta0.03
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 indebtedness materially lowers solvency and refinancing risk. Mindax's minimal debt gives management flexibility to fund exploration from equity or partners, absorb losses, and pursue project development without immediate pressure to secure expensive debt financing over the next months.
Sizable Equity And Rising AssetsA growing asset base and substantial equity provide a durable capital cushion for a resource explorer. Larger assets back tenements and project investment, enhance credibility in partner or capital-raise negotiations, and give optionality to monetize or JV projects over a 2–6 month horizon.
Improving Free Cash Flow TrendThe marked improvement in free cash flow year-over-year indicates better cash discipline or lower discretionary spending. If sustained, this reduces near-term funding needs and dilution risk, extending runway for exploration and increasing the chance to reach catalytic project milestones.
Bears Say
Persistent Operating LossesSustained operating losses and recurring cash burn erode equity and require ongoing external funding. For an exploration company this limits uninterrupted project activity, increases dilution or financing risk, and constrains the ability to convert exploration success into development within months without new capital.
Minimal, Volatile RevenueThe near absence of recurring revenue means operating performance depends on capital markets or asset sales rather than internal cash generation. This low revenue base limits operating leverage and visibility, making financing and project execution outcomes critical to sustainability over the medium term.
Negative Returns On EquityConsistent negative ROE shows invested capital is not generating shareholder returns, raising the bar for future capital raises. Persistent negative returns imply potential dilution, weaker investor support for funding, and harder justification for new equity without clear project de-risking.
Mindax Limited News
MDX FAQ
What was Mindax Limited’s price range in the past 12 months?
Mindax Limited lowest share price was AU$0.03 and its highest was AU$0.10 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 168 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
1
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8
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10
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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