Want to see AU:MEI full AI Analyst Report?
MEI Stock Chart & Stats
AU$0.18
AU$0.01(5.56%)
At close: 4:00 PM EDT
AU$0.18
AU$0.01(5.56%)
Day’s Range― - ―
52-Week RangeAU$0.10 - AU$0.26
Previous CloseN/A
Volume6.79M
Average Volume (3M)11.70M
Market Cap
AU$537.72M
Enterprise ValueAU$417.24
Total Cash (Recent Filing)AU$10.97M
Total Debt (Recent Filing)AU$322.93K
Price to Earnings (P/E)―
Beta2.64
Next Earnings
Sep 24, 2026EPS Estimate
>-0.01Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.02
Shares Outstanding2,906,619,000
10 Day Avg. Volume22,836,960
30 Day Avg. Volume11,701,800
Financial Highlights & Ratios
PEG Ratio0.51
Price to Book (P/B)7.78
Price to Sales (P/S)0.00
P/FCF Ratio-22.73
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$0.38Price Target Upside109.26% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering3
EPS Forecast (FY)-0.01
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Low Leverage / Strong SolvencyVery low debt reduces near‑term insolvency risk and interest burden, giving management durable financial flexibility. For an exploration company this aids negotiating joint ventures or project sales and provides capacity to deploy or raise project finance without immediate solvency pressure.
Sizeable Asset And Equity BaseA material asset and equity base underpins ongoing exploration spend and gives optionality: funding through asset-backed financing, staged project development, or structured farm‑outs. This capital buffer improves the company's ability to advance targets and attract partners over the medium term.
Rare‑earth Focus With Structural DemandConcentration on rare earth elements aligns with long‑term secular demand from electrification, clean energy and defense supply chains. If resources are defined, this commodity focus strengthens strategic interest from partners and offtakers, supporting durable project value and transaction prospects.
Bears Say
Persistent Operating LossesSustained large net losses materially erode shareholder equity and produce deeply negative returns on capital (ROE ~ -52%). Without a clear path to revenue or partner funding, losses drive dilution risk and reduce the company's ability to internally fund project advancement toward development.
Consistent Negative Free Cash FlowLarge and worsening negative free cash flow forces reliance on financing to sustain exploration and drilling. Persistent cash burn shortens runway, weakens negotiating leverage with partners, and increases the probability of equity raises that dilute existing shareholders over the medium term.
Inconsistent/near‑zero Revenue And Exploration Model DependencyAs an exploration-stage company without recurring product sales, Meteoric depends on asset monetisation, farm‑outs or equity raises. The lack of predictable revenue means value realization rests on future transactions or development, prolonging funding uncertainty and operational risk.
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$0.10 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$537.72M.
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 48 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 N/A.
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 is >-0.01.
How many shares outstanding does Meteoric Resources NL have?
Meteoric Resources NL has 2,906,619,000 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
Strong Buy
Average Price Target:
AU$0.38 (109.26% Upside)
AU$0.38 (109.26% Upside)
Blogger Sentiment
Bullish
AU:MEI Sentiment 98%
Sector Average 68%
Sector Average 68%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
137.11%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
266.23%
Trailing 12-Months
Company Description
Meteoric Resources NL
Meteoric Resources NL is an exploration firm actively identifying mineral deposits across Brazil, Canada, Western Australia, and the Northern Territory. Their search targets valuable commodities such as gold, copper, cobalt, diamonds, and silver. The company's diverse portfolio includes the Palm Springs gold project in Western Australia, covering approximately 12,500 hectares, as well as Brazil's Juruena project and the 15-square-kilometer Novo Astro gold project. Additionally, Meteoric holds the Warrego North IOCG project in the Northern Territory and has interests in the Mulligan, Mulligan East, Beauchamp, and Iron Mask projects situated in Ontario, Canada. Established in 2004, the company's operations are headquartered in West Perth, Australia.
MEI Stock 12 Month Forecast
Average Price Target
AU$0.38
▲(109.26% Upside)
Technical Analysis
Syrah Resources
―
Chalice Mining
―
ioneer Limited
―
St. George Mining Ltd.
―
Galan Lithium Limited
―






