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MEG Stock Chart & Stats
AU$0.02
<AU$0.01(5.26%)
At close: 4:00 PM EDT
AU$0.02
<AU$0.01(5.26%)
Day’s Range― - ―
52-Week RangeAU$0.01 - AU$0.04
Previous CloseN/A
Volume1.83M
Average Volume (3M)691.00K
Market Cap
AU$13.69M
Enterprise ValueAU$9.53M
Total Cash (Recent Filing)AU$2.00M
Total Debt (Recent Filing)AU$0.00
Price to Earnings (P/E)―
Beta1.78
Next Earnings
Sep 16, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding720,683,300
10 Day Avg. Volume419,585
30 Day Avg. Volume691,002
Financial Highlights & Ratios
PEG Ratio0.15
Price to Book (P/B)1.67
Price to Sales (P/S)0.00
P/FCF Ratio-23.49
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
Debt-free Balance SheetA zero-debt position and material equity provide durable financial flexibility for a pre-revenue explorer. This reduces solvency risk, lowers fixed obligations, and makes it easier to fund drilling or JV activity without immediate pressure from interest or covenant constraints over the next several quarters.
Narrowing Loss And Improving Cash OutflowA materially smaller loss and sharply reduced free cash burn signal operational progress and cost control. Sustained improvement in cash outflow lengthens runway, lowers near-term financing frequency, and increases the probability management can advance projects without immediate dilutive capital raises.
Focused Gold Exploration Business ModelA clear, single-commodity exploration strategy concentrates technical expertise and capital deployment. For gold explorers, disciplined drilling and resource definition can create scalable, high-value outcomes if discoveries occur, enabling partnerships or project financing over the medium term.
Bears Say
Pre-revenue OperationsLack of any revenue reflects that operations have not reached commercial production; the company remains valuation-dependent on exploration success. Until resources are converted into production or sold, persistent uncertainty around future cash generation will constrain long-term fundamental improvement.
Persistent Negative Operating & Free Cash FlowContinuous negative operating and free cash flows force reliance on external funding (equity or JV financing). This raises dilution and execution risk if capital markets tighten, and limits the company's ability to scale or fund multiple exploration programs sustainably over the next several quarters.
Negative Returns On Equity / Lack Of ProfitabilityNegative ROE indicates capital employed is not generating returns, reflecting persistent losses and no profit-generating assets. This structural profitability gap means shareholders face potential dilution or long waits for value creation until exploration success is converted into economically scalable resources.
Megado Gold Ltd. News
MEG FAQ
What was Megado Gold Ltd.’s price range in the past 12 months?
Megado Gold Ltd. lowest share price was AU$0.01 and its highest was AU$0.04 in the past 12 months.
What is Megado Gold Ltd.’s market cap?
Megado Gold Ltd.’s market cap is AU$13.69M.
When is Megado Gold Ltd.’s upcoming earnings report date?
Megado Gold Ltd.’s upcoming earnings report date is Sep 16, 2026 which is in 50 days.
How were Megado Gold Ltd.’s earnings last quarter?
Megado Gold Ltd. released its earnings results on Mar 27, 2026. The company reported -AU$0.001 earnings per share for the quarter, missing the consensus estimate of N/A by -AU$0.001.
Is Megado Gold Ltd. overvalued?
According to Wall Street analysts Megado Gold Ltd.’s price is currently Overvalued.
Does Megado Gold Ltd. pay dividends?
Megado Gold Ltd. does not currently pay dividends.
What is Megado Gold Ltd.’s EPS estimate?
Megado Gold Ltd.’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Megado Gold Ltd. have?
Megado Gold Ltd. has 720,683,300 shares outstanding.
What happened to Megado Gold Ltd.’s price movement after its last earnings report?
Megado Gold Ltd. 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 same 0%.
Which hedge fund is a major shareholder of Megado Gold Ltd.?
Currently, no hedge funds are holding shares in AU:MEG
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
Megado Gold Ltd. Stock Smart Score
Underperform
1
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7
8
9
10
Technicals
SMA
Positive
20 days / 200 days
Momentum
164.28%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
49.35%
Trailing 12-Months
Company Description
Megado Gold Ltd.
Megado Minerals Limited is a North American-focused mineral exploration firm, specializing in the discovery of rare earth elements and lithium. Its portfolio includes complete ownership of the North Fork Rare Earth Project, encompassing 499 mining lode claims over approximately 42 square kilometers within Idaho's Salmon-Challis National Forest, specifically in Lemhi County. The company also maintains interests in the Cyclone lithium project, an extensive 130 square kilometer property made up of 304 claims, situated close to the James Bay region of Quebec, Canada. Incorporated in 2019, the entity was known as Megado Gold Limited before adopting its current name, Megado Minerals Limited, in July 2022. Its administrative base is located in Perth, Australia.
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