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Meteoric Resources NL
(Sydney:MEI)
Meteoric Resources NL (MEI) vs. iShares MSCI Australia ETF (EWA)
Meteoric Resources NL Business Overview & Revenue Model
Meteoric Resources NL Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 30.30K | 4.65M | 553.60K | 0.00 | 0.00 | 0.00 |
| Gross Profit | -3.25K | 4.65M | 553.60K | -19.73K | -21.84K | -18.35K |
| EBITDA | -40.74M | -36.12M | -44.46M | -37.75M | -3.15M | -10.34M |
| Net Income | -36.47M | -36.47M | -16.37M | -40.81M | -5.56M | -9.04M |
Balance Sheet | ||||||
| Total Assets | 17.01M | 17.01M | 16.47M | 18.09M | 2.12M | 5.18M |
| Cash, Cash Equivalents and Short-Term Investments | 10.97M | 10.97M | 13.87M | 17.29M | 1.55M | 3.97M |
| Total Debt | 322.93K | 322.93K | 549.14K | 1.75M | 0.00 | 0.00 |
| Total Liabilities | 8.58M | 8.58M | 8.16M | 2.21M | 425.66K | 527.73K |
| Stockholders Equity | 8.43M | 8.43M | 8.31M | 15.88M | 1.70M | 4.66M |
Cash Flow | ||||||
| Free Cash Flow | -33.26M | -33.26M | -35.08M | -16.47M | -5.03M | -7.30M |
| Operating Cash Flow | -32.09M | -32.09M | -33.86M | -16.45M | -5.02M | -7.22M |
| Investing Cash Flow | -170.02K | -170.02K | 26.52M | 3.86M | -7.58K | 443.41K |
| Financing Cash Flow | 29.33M | 29.33M | 5.24M | 28.33M | 2.61M | 4.23M |
Meteoric Resources NL Technical Analysis
Meteoric Resources NL Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
67 Neutral | AU$252.23M | -11.51 | -3.24% | 1.54% | 14.64% | -213.25% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
52 Neutral | AU$674.10M | -15.63 | -435.52% | ― | ― | 32.49% | |
52 Neutral | AU$575.05M | -33.33 | -4.26% | ― | ― | -12.50% | |
51 Neutral | AU$366.09M | -16.58 | -53.29% | ― | ― | ― | |
44 Neutral | $334.05M | -8.65 | ― | ― | ― | 32.73% | |
41 Neutral | AU$380.35M | -1.66 | -30.60% | ― | -62.37% | 23.19% |
Meteoric Resources NL Corporate Events
Meteoric Resources has advanced its Caldeira rare earths project in Brazil, securing a key Preliminary Environmental License that enables it to lodge the final Installation License application needed to begin construction, keeping the project on track for first production in 2028. The company successfully constructed and commissioned a pilot plant at Poços de Caldas, which has produced its first batches of mixed rare earth carbonate, validated key processing stages including full process water recycling, and begun treating ore from the Capão do Mel deposit to support its Definitive Feasibility Study and resource-to-reserve conversion drilling. In parallel, Meteoric consolidated its land position by acquiring 21 additional licences to create a contiguous 67km² southern project area, signed a renewable power supply contract with Brazilian utility CEMIG, and reported a strong cash position alongside indicative support for project financing, collectively reducing development risk and strengthening its strategic position in the global rare earth sector.
The most recent analyst rating on (AU:MEI) stock is a Hold with a A$0.25 price target. To see the full list of analyst forecasts on Meteoric Resources NL stock, see the AU:MEI Stock Forecast page.
Meteoric Resources NL has notified the ASX of a change in the shareholding of director Marcelo de Carvalho, who has sold 1,000,000 fully paid ordinary shares in on-market transactions on 8 and 9 January 2026 at a price of $0.1935 per share. Following the sale, de Carvalho retains 5,123,200 fully paid ordinary shares along with his existing Class C and Class D performance rights, and the company confirmed the trades did not occur during a closed period requiring prior written clearance, indicating routine portfolio management rather than a governance or compliance issue.
The most recent analyst rating on (AU:MEI) stock is a Hold with a A$0.20 price target. To see the full list of analyst forecasts on Meteoric Resources NL stock, see the AU:MEI Stock Forecast page.
Meteoric Resources NL has received a non-binding, conditional Letter of Support from Export Finance Australia for indicative financing of up to US$50 million to help develop its Caldeira Rare Earth Project in Brazil, using Australian engineering, procurement, construction and management contractors to reinforce supply chain links between Australia and Brazil. Combined with a previously announced US$250 million letter of interest from the US Export-Import Bank and ongoing talks with Brazil’s development bank, other export credit agencies and potential strategic investors, the new support strengthens Meteoric’s funding options and underscores government-backed interest in diversifying global rare earth supply chains, at a time when the Caldeira Project is advancing through permitting, pilot plant commissioning and early production of mixed rare earth carbonate.
The most recent analyst rating on (AU:MEI) stock is a Buy with a A$0.35 price target. To see the full list of analyst forecasts on Meteoric Resources NL stock, see the AU:MEI Stock Forecast page.
Meteoric Resources has secured an unrestricted Preliminary Environmental Licence for its Caldeira Rare Earth Ionic Clay Project in Minas Gerais, Brazil, after unanimous approval by the state environmental council, confirming the project’s environmental viability and location. The approval, underpinned by a comprehensive environmental impact assessment and extensive local consultation, allows the company to move ahead with the critical Installation License application for construction, keeping its project timeline on track and reinforcing its rapid development trajectory following a year that included a pilot plant start-up, a pre-feasibility study, a maiden reserve and advancing feasibility work, positioning Meteoric to seek final approvals, offtake deals and a final investment decision by mid-2026.
The most recent analyst rating on (AU:MEI) stock is a Buy with a A$0.35 price target. To see the full list of analyst forecasts on Meteoric Resources NL stock, see the AU:MEI Stock Forecast page.
Meteoric Resources NL has officially opened its Caldeira Rare Earth Project Pilot Plant in Poços de Caldas, marking a significant milestone in the project’s development. The plant, with an initial capacity to process 25kg of ionic clay per hour, will generate data for a Definitive Feasibility Study and support future commercial partnerships, enhancing the company’s position in the rare earth market.
The most recent analyst rating on (AU:MEI) stock is a Buy with a A$0.35 price target. To see the full list of analyst forecasts on Meteoric Resources NL stock, see the AU:MEI Stock Forecast page.
Meteoric Resources NL has issued 2,581,518 fully paid ordinary shares without disclosure under Part 6D.2 of the Corporations Act, as part of its strategic financial maneuvers. This move indicates the company’s compliance with relevant legal provisions and suggests a proactive approach in managing its capital structure, potentially impacting its market positioning and stakeholder interests.
The most recent analyst rating on (AU:MEI) stock is a Buy with a A$0.35 price target. To see the full list of analyst forecasts on Meteoric Resources NL stock, see the AU:MEI Stock Forecast page.
Meteoric Resources NL has successfully produced its first batch of Mixed Rare Earth Carbonate (MREC) from its newly constructed Pilot Plant for the Caldeira Rare Earth Project in Brazil. This achievement marks a significant milestone for the company, as it positions Meteoric among a small group of global companies capable of producing MREC. The Pilot Plant’s successful commissioning and operation allow for the optimization of project parameters and process refinement, enhancing the project’s long-term value. The data generated will contribute to the Definitive Feasibility Study, and the plant will transition to typical ore grades, furthering the company’s ability to explore downstream processing options.
The most recent analyst rating on (AU:MEI) stock is a Buy with a A$0.35 price target. To see the full list of analyst forecasts on Meteoric Resources NL stock, see the AU:MEI Stock Forecast page.
Meteoric Resources NL announced that the Preliminary Environmental Licence for its Caldeira Rare Earth Project is set for approval at the upcoming COPAM meeting on 19 December 2025. The company has submitted comprehensive environmental and technical studies, which address concerns raised by the Federal Public Prosecutor’s Office and have been supported by independent consultants and the Environmental Foundation of Minas Gerais State. The approval of this licence is crucial for Meteoric as it will allow the company to proceed with the Construction License application, maintaining the project’s timeline and potentially strengthening its market position in the rare earth sector.
The most recent analyst rating on (AU:MEI) stock is a Sell with a A$0.13 price target. To see the full list of analyst forecasts on Meteoric Resources NL stock, see the AU:MEI Stock Forecast page.
Meteoric Resources NL announced the cessation of 2,000,000 performance rights due to unmet conditions, impacting the company’s issued capital. This development may influence the company’s operational strategies and stakeholder interests as it reflects on their ability to meet certain performance benchmarks.
The most recent analyst rating on (AU:MEI) stock is a Sell with a A$0.13 price target. To see the full list of analyst forecasts on Meteoric Resources NL stock, see the AU:MEI Stock Forecast page.
Meteoric Resources NL announced the issuance of short-term incentive securities to its directors following shareholder approval. The company will quote 2,581,518 ordinary fully paid securities on the Australian Securities Exchange, reflecting its ongoing efforts to align management incentives with shareholder interests.
The most recent analyst rating on (AU:MEI) stock is a Sell with a A$0.13 price target. To see the full list of analyst forecasts on Meteoric Resources NL stock, see the AU:MEI Stock Forecast page.
Meteoric Resources NL, listed on the Australian Securities Exchange under the ticker MEI, has announced that the suspension of trading in its securities will be lifted. This follows the company’s response to media speculation regarding the approval process for a Preliminary License, indicating a potential resolution to recent uncertainties affecting the company’s operations and market perception.
The most recent analyst rating on (AU:MEI) stock is a Buy with a A$0.35 price target. To see the full list of analyst forecasts on Meteoric Resources NL stock, see the AU:MEI Stock Forecast page.
Meteoric Resources NL announced a delay in the approval of the Preliminary Environmental Licence for its Caldeira Rare Earth Project due to additional time requested by the State Foundation for Environmental to address questions from the Federal Public Prosecutor’s Office. Despite the postponement, Meteoric remains confident that the required information has been submitted and anticipates the licence approval in the next meeting. The company has conducted comprehensive environmental and technical studies and has received support from local and governmental stakeholders, indicating a positive outlook for the project’s progress.
The most recent analyst rating on (AU:MEI) stock is a Buy with a A$0.35 price target. To see the full list of analyst forecasts on Meteoric Resources NL stock, see the AU:MEI Stock Forecast page.
Meteoric Resources NL, listed on the ASX under the ticker MEI, has requested a voluntary suspension of its securities from quotation. This suspension is pending an announcement related to media speculation concerning the Preliminary License approval process. The suspension will remain in effect until the company releases the announcement or trading resumes on December 1, 2025.
The most recent analyst rating on (AU:MEI) stock is a Buy with a A$0.35 price target. To see the full list of analyst forecasts on Meteoric Resources NL stock, see the AU:MEI Stock Forecast page.
Meteoric Resources NL has requested a trading halt on its securities due to an impending announcement related to media speculation about the Preliminary License approval process. The trading halt will remain in effect until the announcement is made or until normal trading resumes on 28 November 2025, ensuring stakeholders are informed of any developments.
The most recent analyst rating on (AU:MEI) stock is a Buy with a A$0.40 price target. To see the full list of analyst forecasts on Meteoric Resources NL stock, see the AU:MEI Stock Forecast page.
Meteoric Resources NL announced that all resolutions presented at their Annual General Meeting were successfully passed by poll vote. The resolutions included the adoption of the remuneration report, re-election of a director, change of company type, and issuance of short-term incentive shares. This outcome reflects strong shareholder support and may positively impact the company’s governance and strategic direction.
The most recent analyst rating on (AU:MEI) stock is a Buy with a A$0.40 price target. To see the full list of analyst forecasts on Meteoric Resources NL stock, see the AU:MEI Stock Forecast page.
Meteoric Resources NL has finalized an agreement to acquire 21 mining licenses from Varginha Mineração Ltda., enhancing its Caldeira Project in Brazil. This strategic acquisition consolidates a significant area of 67km2, providing immediate access to high-grade rare earth elements and supporting future expansion. The revised terms of the agreement preserve the company’s cash position while involving the Varginha Parties in Meteoric’s share price performance, indicating a collaborative approach to project development.
The most recent analyst rating on (AU:MEI) stock is a Buy with a A$0.40 price target. To see the full list of analyst forecasts on Meteoric Resources NL stock, see the AU:MEI Stock Forecast page.
Meteoric Resources NL has announced a proposed issue of 47,000,000 ordinary fully paid securities, with the issue date set for December 12, 2025. This strategic move is likely aimed at raising capital to support the company’s operations and growth initiatives, potentially impacting its market positioning and offering implications for stakeholders in terms of investment opportunities and company valuation.
The most recent analyst rating on (AU:MEI) stock is a Buy with a A$0.40 price target. To see the full list of analyst forecasts on Meteoric Resources NL stock, see the AU:MEI Stock Forecast page.
Meteoric Resources NL has announced updates on its Caldeira Project, a globally strategic and long-life rare earths project with significant growth potential. The company confirms that all material assumptions and technical parameters underpinning the mineral resource estimates continue to apply and have not materially changed, indicating stability in their exploration results and project forecasts.
The most recent analyst rating on (AU:MEI) stock is a Buy with a A$0.35 price target. To see the full list of analyst forecasts on Meteoric Resources NL stock, see the AU:MEI Stock Forecast page.