Meteoric Resources NL (AU:MEI)
ASX:MEI
MEI Stock Chart & Stats
AU$0.16
>-AU$0.01(-2.38%)
At close: 4:00 PM EST
AU$0.16
>-AU$0.01(-2.38%)
Day’s Range― - ―
52-Week RangeAU$0.06 - AU$0.26
Previous CloseN/A
Volume908.66K
Average Volume (3M)11.70M
Market Cap
AU$410.19M
Enterprise ValueAU$417.73M
Total Cash (Recent Filing)AU$10.97M
Total Debt (Recent Filing)AU$322.93K
Price to Earnings (P/E)―
Beta2.92
Next Earnings
Sep 24, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding2,646,399,000
10 Day Avg. Volume22,836,960
30 Day Avg. Volume11,701,800
Financial Highlights & Ratios
PEG Ratio0.25
Price to Book (P/B)32.43
Price to Sales (P/S)58.80
P/FCF Ratio-8.22
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$0.32Price Target Upside100.00% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)>-0.01
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Strategic Focus On Rare EarthsMeteoric's explicit strategic focus on rare earth elements and critical minerals aligns the company with durable, structurally growing demand driven by electrification and clean-tech supply chains. Over 2-6 months this focus supports project value optionality, JV interest and policy-driven support for critical-mineral developers.
Very Strong Reported Revenue GrowthA near 700% reported revenue increase signals meaningful commercial progress or successful asset monetization during the period. For an exploration company this demonstrates improving project de-risking and commercial activity that can materially expand financing alternatives and partner interest over the medium term.
Conservative Leverage ProfileA low debt burden provides the company structural financial flexibility vital for exploration cycles: it reduces solvency pressure, eases ability to secure project finance or farm-in partners, and lowers default risk, supporting sustained project advancement over coming months.
Bears Say
Negative Operating & Free Cash FlowPersistent negative operating and free cash flows indicate the company consumes cash to fund exploration and has limited internal funding capacity. This structural cash burn necessitates repeated external capital raises or partner funding, increasing dilution risk and constraining autonomous project development.
Negative Profitability And ROENegative EBIT and net margins combined with a negative return on equity show the business is not yet converting revenue into sustainable profits. Over months this undermines the company’s ability to self-fund, reduces investor return prospects, and weakens competitive positioning versus funded peers.
Exploration-stage Funding ModelAs an exploration-stage company reliant on equity raises and occasional asset sales or farm-ins, Meteoric faces structural funding uncertainty. Market-dependent capital access can delay programs, increase dilution, and make long-term project timelines contingent on external financing and partner terms.
Meteoric Resources NL News
MEI FAQ
What was Meteoric Resources NL’s price range in the past 12 months?
Meteoric Resources NL lowest share price was AU$0.06 and its highest was AU$0.26 in the past 12 months.
What is Meteoric Resources NL’s market cap?
Meteoric Resources NL’s market cap is AU$410.19M.
When is Meteoric Resources NL’s upcoming earnings report date?
Meteoric Resources NL’s upcoming earnings report date is Sep 24, 2026 which is in 169 days.
How were Meteoric Resources NL’s earnings last quarter?
Meteoric Resources NL released its earnings results on Mar 12, 2026. The company reported -AU$0.005 earnings per share for the quarter, missing the consensus estimate of N/A by -AU$0.005.
Is Meteoric Resources NL overvalued?
According to Wall Street analysts Meteoric Resources NL’s price is currently Undervalued.
Does Meteoric Resources NL pay dividends?
Meteoric Resources NL does not currently pay dividends.
What is Meteoric Resources NL’s EPS estimate?
Meteoric Resources NL’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Meteoric Resources NL have?
Meteoric Resources NL has 2,646,399,000 shares outstanding.
What happened to Meteoric Resources NL’s price movement after its last earnings report?
Meteoric Resources NL reported an EPS of -AU$0.005 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went down -4.545%.
Which hedge fund is a major shareholder of Meteoric Resources NL?
Currently, no hedge funds are holding shares in AU:MEI
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
Meteoric Resources NL Stock Smart Score
Neutral
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
AU$0.32 (100.00% Upside)
AU$0.32 (100.00% Upside)
Blogger Sentiment
Bullish
AU:MEI Sentiment 97%
Sector Average 67%
Sector Average 67%
Insider Transactions
Sold Shares
Worth AU$193.5K over
the Last 3 Months
the Last 3 Months
Technicals
SMA
Positive
20 days / 200 days
Momentum
137.11%
12-Months-Change
Fundamentals
Return on Equity
-107.71%
Trailing 12-Months
Asset Growth
266.23%
Trailing 12-Months
Company Description
Meteoric Resources NL
Meteoric Resources NL explores for mineral tenements in Brazil, Canada, Western Australia, and Northern Territory. It explores for gold, copper, cobalt, diamond, and silver deposits. The company owns interests in the Palm Springs gold project, which covers an area of approximately 12,500 ha located in Western Australia; the Juruena project located in Brazil; Novo Astro gold project that covers 15 square kilometers situated in Brazil; and the Warrego North IOCG project located in the Northern Territory. It also holds interests in the Mulligan and Mulligan East, Beauchamp, and Iron Mask projects in Ontario, Canada. The company was incorporated in 2004 and is based in West Perth, Australia.
MEI Stock 12 Month Forecast
Average Price Target
AU$0.32
▲(100.00% Upside)
Technical Analysis
Syrah Resources
―
ioneer Limited
―
Northern Minerals Limited
―
Centaurus Metals Limited
―
OM Holdings Ltd.
―
Options Prices
Currently, No data available
---