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MEK Stock Chart & Stats
AU$0.16
<AU$0.01(2.08%)
At close: 4:00 PM EST
AU$0.16
<AU$0.01(2.08%)
Day’s Range― - ―
52-Week RangeAU$0.09 - AU$0.31
Previous CloseN/A
Volume37.70M
Average Volume (3M)21.90M
Market Cap
AU$298.41M
Enterprise ValueAU$322.69M
Total Cash (Recent Filing)AU$37.29M
Total Debt (Recent Filing)AU$6.47M
Price to Earnings (P/E)9.1
Beta0.95
Next Earnings
Sep 25, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)<0.01
Shares Outstanding2,984,138,200
10 Day Avg. Volume21,449,787
30 Day Avg. Volume21,896,045
Financial Highlights & Ratios
PEG Ratio3.63
Price to Book (P/B)2.03
Price to Sales (P/S)222.02
P/FCF Ratio-4.29
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$0.35Price Target Upside118.75% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)0.04
Revenue Forecast (FY)AU$384.90M
Bulls Say, Bears Say
Bulls Say
Balance Sheet StrengthVery low leverage and a large equity base provide structural financial flexibility for a resource developer. This reduces near-term refinancing pressure, supports multi-year exploration programs, and preserves optionality to fund project advancement or absorb delays without immediate forced capital raises.
Emerging RevenueThe move from zero to reported revenue indicates initial commercialisation or sales activity, de-risking the pure-exploration status. Even small, sustainable revenue streams can validate operational capabilities, support future scaling, and form the foundation for improved margins as projects progress.
Strategic Project LocationOperating in Western Australia gives enduring jurisdictional advantages: established mining infrastructure, permitting frameworks and service ecosystems. A clear focus on advancing prospects toward development aligns the business model with long-term value creation from resource definition to potential production.
Bears Say
Severe Cash BurnA large and worsening outflow of free cash over the last year magnifies dependence on external funding. Persistent negative FCF strains liquidity, raises dilution or debt risks, and can delay exploration or development milestones if capital markets tighten or project economics need rephasing.
Ongoing LossesSustained operating and net losses indicate the company has not yet converted activity into profitable operations. Continued negative margins erode returns on equity, limit retained-earnings growth, and mean management must source recurring capital until profitable, scalable operations are established.
Funding & Execution RiskMaterially higher cash outlays elevate the risk that projects face delays or scope cuts if capital is not secured on acceptable terms. Execution of exploration-to-development plans becomes contingent on successful financing, heightening timeline uncertainty and potential dilution for shareholders.
Meeka Gold Limited News
MEK FAQ
What was Meeka Gold Limited’s price range in the past 12 months?
Meeka Gold Limited lowest share price was AU$0.09 and its highest was AU$0.30 in the past 12 months.
What is Meeka Gold Limited’s market cap?
Meeka Gold Limited’s market cap is AU$298.41M.
When is Meeka Gold Limited’s upcoming earnings report date?
Meeka Gold Limited’s upcoming earnings report date is Sep 25, 2026 which is in 68 days.
How were Meeka Gold Limited’s earnings last quarter?
Meeka Gold Limited released its earnings results on Mar 15, 2026. The company reported AU$0.01 earnings per share for the quarter, beating the consensus estimate of N/A by AU$0.01.
Is Meeka Gold Limited overvalued?
According to Wall Street analysts Meeka Gold Limited’s price is currently Undervalued.
Does Meeka Gold Limited pay dividends?
Meeka Gold Limited does not currently pay dividends.
What is Meeka Gold Limited’s EPS estimate?
Meeka Gold Limited’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Meeka Gold Limited have?
Meeka Gold Limited has 2,984,138,200 shares outstanding.
What happened to Meeka Gold Limited’s price movement after its last earnings report?
Meeka Gold Limited reported an EPS of AU$0.01 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went up 2.273%.
Which hedge fund is a major shareholder of Meeka Gold Limited?
Currently, no hedge funds are holding shares in AU:MEK
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
Meeka Gold Limited Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
AU$0.35 (118.75% Upside)
AU$0.35 (118.75% Upside)
Blogger Sentiment
Bullish
AU:MEK Sentiment 94%
Sector Average 71%
Sector Average 71%
Fundamentals
Return on Equity
17.19%
Trailing 12-Months
Asset Growth
102.31%
Trailing 12-Months
Company Description
Meeka Gold Limited
Meeka Metals Limited is an Australian company primarily engaged in the exploration of precious metals and critical minerals, specifically gold and rare earth elements. The company's key asset is the Murchison gold project, which encompasses a significant area of 343 square kilometers within Western Australia's renowned Murchison Gold Fields region. Formerly known as Meeka Gold Limited, the company rebranded to Meeka Metals Limited in July 2022. Its corporate office is situated in West Perth, Australia.
MEK Stock 12 Month Forecast
Average Price Target
AU$0.35
▲(118.75% Upside)
Technical Analysis
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