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Meeka Gold Limited
(Sydney:MEK)
Meeka Gold Limited (MEK) vs. iShares MSCI Australia ETF (EWA)
Meeka Gold Limited Business Overview & Revenue Model
Meeka Gold Limited Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 329.26K | 1.39M | 0.00 | 200.00K | 30.00K | 20.00K |
| Gross Profit | 329.26K | 1.39M | -72.12K | 139.28K | -18.26K | 20.00K |
| EBITDA | -3.14M | -2.11M | -2.71M | -933.00K | -2.95M | -3.44M |
| Net Income | -4.24M | -4.24M | -2.94M | -994.00K | -2.99M | -3.44M |
Balance Sheet | ||||||
| Total Assets | 180.53M | 180.53M | 35.45M | 30.18M | 22.27M | 22.91M |
| Cash, Cash Equivalents and Short-Term Investments | 55.65M | 55.65M | 2.95M | 2.77M | 2.47M | 9.21M |
| Total Debt | 2.06M | 2.06M | 2.23M | 147.80K | 130.42K | 0.00 |
| Total Liabilities | 28.89M | 28.89M | 7.53M | 4.76M | 4.27M | 3.99M |
| Stockholders Equity | 151.63M | 151.63M | 27.92M | 25.42M | 18.00M | 18.92M |
Cash Flow | ||||||
| Free Cash Flow | -71.88M | -71.66M | -7.03M | -8.19M | -6.30M | -10.37M |
| Operating Cash Flow | -4.49M | -4.49M | -1.52M | -1.07M | -676.46K | -718.80K |
| Investing Cash Flow | -67.17M | -67.17M | -5.50M | -6.92M | -6.02M | -9.65M |
| Financing Cash Flow | 124.36M | 124.36M | 7.20M | 8.30M | -43.33K | 16.39M |
Meeka Gold Limited Technical Analysis
Meeka Gold Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
69 Neutral | $2.08B | 27.93 | 9.84% | ― | 51.66% | 86.35% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
56 Neutral | AU$810.12M | -137.50 | -4.97% | ― | ― | 16.67% | |
54 Neutral | AU$723.02M | -125.64 | -9.13% | ― | ― | -5.41% | |
49 Neutral | AU$513.73M | -32.79 | -11.99% | ― | ― | 1.60% | |
44 Neutral | $677.49M | -5.68 | -15.01% | ― | -3.61% | -49.39% |
Meeka Gold Limited Corporate Events
Meeka Metals Limited has issued 2,995,522 fully paid ordinary shares following the vesting and conversion of an equivalent number of unlisted performance rights under its employee incentive security plan. The company confirmed that the new shares were issued without a prospectus under the relevant Corporations Act provisions, and stated it is compliant with its continuous disclosure and financial reporting obligations, with no excluded information to disclose, ensuring the shares can trade freely on the market and signalling orderly governance around its capital management and incentive arrangements.
The most recent analyst rating on (AU:MEK) stock is a Buy with a A$0.33 price target. To see the full list of analyst forecasts on Meeka Gold Limited stock, see the AU:MEK Stock Forecast page.
Meeka Metals Limited has applied to the ASX for quotation of 2,995,522 new ordinary fully paid shares to be issued on 19 December 2025, following the exercise or conversion of existing options or other convertible securities. This additional share quotation modestly expands the company’s issued capital base, reflecting ongoing use of equity-based instruments and potentially affecting dilution and liquidity considerations for existing shareholders within the metals and mining sector.
The most recent analyst rating on (AU:MEK) stock is a Buy with a A$0.33 price target. To see the full list of analyst forecasts on Meeka Gold Limited stock, see the AU:MEK Stock Forecast page.
Meeka Metals Limited, a company involved in the metals industry, announced the conversion of 12,500,000 unlisted options into fully paid ordinary shares, raising $750,000. This conversion reflects the company’s ongoing financial maneuvers to strengthen its capital base, potentially impacting its market position and offering insights into its strategic direction.
The most recent analyst rating on (AU:MEK) stock is a Buy with a A$0.33 price target. To see the full list of analyst forecasts on Meeka Gold Limited stock, see the AU:MEK Stock Forecast page.
Meeka Metals Limited has announced the issuance of 12,500,000 ordinary fully paid securities, which are set to be quoted on the Australian Securities Exchange (ASX). This move is part of the company’s strategy to leverage convertible securities, potentially increasing its capital base and enhancing its market presence.
The most recent analyst rating on (AU:MEK) stock is a Buy with a A$0.33 price target. To see the full list of analyst forecasts on Meeka Gold Limited stock, see the AU:MEK Stock Forecast page.
Meeka Metals Limited has announced promising exploration results from its Murchison Gold Project, specifically within the Fairway shear zone. The company reported high-grade gold intersections at the new Rosapenna target and Turnberry South, indicating significant potential for further discoveries in the underexplored 25km belt of Archean greenstones. These results support the company’s strategy to systematically explore the area, with ongoing drilling efforts aimed at expanding the resource base and preparing for future underground mining operations.
The most recent analyst rating on (AU:MEK) stock is a Buy with a A$0.33 price target. To see the full list of analyst forecasts on Meeka Gold Limited stock, see the AU:MEK Stock Forecast page.
Meeka Metals Limited has announced a change in the director’s interest, specifically for Paul Ian Chapman, who has acquired 440,346 Performance Rights. This acquisition was approved by shareholders at the 2025 AGM, reflecting a strategic move to align management interests with company performance, potentially impacting shareholder value and company operations positively.
The most recent analyst rating on (AU:MEK) stock is a Buy with a A$0.33 price target. To see the full list of analyst forecasts on Meeka Gold Limited stock, see the AU:MEK Stock Forecast page.
Meeka Metals Limited has announced the issuance of 1,321,038 performance rights under an employee incentive scheme. These securities, which are not quoted on the ASX, are subject to a restriction on transfer until the restriction period ends, potentially impacting employee retention and motivation strategies.
The most recent analyst rating on (AU:MEK) stock is a Buy with a A$0.33 price target. To see the full list of analyst forecasts on Meeka Gold Limited stock, see the AU:MEK Stock Forecast page.
Meeka Metals Limited announced that all resolutions at their annual general meeting were passed. This includes key resolutions such as the re-election of directors and the approval of incentive plans, which indicate strong shareholder support and strategic alignment for future growth. The successful passing of these resolutions is likely to bolster Meeka’s operational capabilities and enhance its market position in the gold mining industry.
The most recent analyst rating on (AU:MEK) stock is a Buy with a A$0.33 price target. To see the full list of analyst forecasts on Meeka Gold Limited stock, see the AU:MEK Stock Forecast page.
Meeka Gold Limited has reaffirmed its mineral resource estimates for several key projects, including Turnberry, St Anne’s, and Andy Well, as well as its ore reserves and production targets for the Murchison Gold Project. The company emphasizes that there have been no material changes to the assumptions and technical parameters underpinning these estimates. This announcement underscores Meeka’s strategic focus on maintaining transparency and stability in its resource reporting, which is crucial for investor confidence and the company’s positioning within the high-risk mining sector.
The most recent analyst rating on (AU:MEK) stock is a Buy with a A$0.33 price target. To see the full list of analyst forecasts on Meeka Gold Limited stock, see the AU:MEK Stock Forecast page.
Meeka Gold Limited has successfully completed the development of the Murchison Gold Project, culminating in the first gold pour in July 2025. The company invested approximately $68 million in expanding processing capacity and commencing mining operations, achieving these milestones amidst a favorable gold price environment. The expansion of mining operations and the discovery of high-grade ore at the Andy Well underground mine highlight potential for resource growth. Meeka’s transition from developer to producer status has significantly increased its market capitalization, and the company is now focused on ramping up gold production and cash flow.
The most recent analyst rating on (AU:MEK) stock is a Buy with a A$0.33 price target. To see the full list of analyst forecasts on Meeka Gold Limited stock, see the AU:MEK Stock Forecast page.
Meeka Metals Limited has announced the issuance of 6,250,000 fully paid ordinary shares following the conversion of unlisted options. This transaction, which raised $375,000, was conducted without disclosure to investors under specific provisions of the Corporations Act, and the company confirms compliance with relevant legislative requirements.
The most recent analyst rating on (AU:MEK) stock is a Buy with a A$0.33 price target. To see the full list of analyst forecasts on Meeka Gold Limited stock, see the AU:MEK Stock Forecast page.
Meeka Metals Limited has announced the issuance of 6,250,000 fully paid ordinary securities, which will be quoted on the ASX. This move is part of the company’s strategy to leverage options exercised or convertible securities converted, potentially impacting its market position by increasing liquidity and shareholder engagement.
The most recent analyst rating on (AU:MEK) stock is a Buy with a A$0.33 price target. To see the full list of analyst forecasts on Meeka Gold Limited stock, see the AU:MEK Stock Forecast page.
Meeka Metals Limited has announced significant high-grade gold findings from its surface drilling at the Andy Well underground mine, part of the Murchison Gold Project. The drilling results have extended the strike of the Wilber lode by approximately 450 meters south of the current mining area, highlighting the potential to expand the Resource and Reserves in the shallow part of the mine. These developments are expected to enhance the company’s production plan and generate strong cash flow, positioning Meeka favorably within the gold mining sector.
The most recent analyst rating on (AU:MEK) stock is a Buy with a A$0.33 price target. To see the full list of analyst forecasts on Meeka Gold Limited stock, see the AU:MEK Stock Forecast page.
Meeka Metals Limited has announced significant high-grade gold findings at Turnberry South, part of its Murchison Gold Project. The drilling results indicate potential expansion of resources and reserves, likely extending the life of the Stage 1 open pit beyond the initially planned two years. These developments are expected to enhance future production and cash generation, strengthening the company’s medium-term production outlook. The ongoing drilling efforts aim to further explore the resource growth areas and the broader Fairway shear zone, indicating strong growth potential for the company.
The most recent analyst rating on (AU:MEK) stock is a Buy with a A$0.33 price target. To see the full list of analyst forecasts on Meeka Gold Limited stock, see the AU:MEK Stock Forecast page.
Meeka Metals Limited has announced the resignation of Tony Brazier as Joint Company Secretary, with Joe Belladonna continuing in the role of Company Secretary. This change in company leadership is expected to maintain stability in communications between the company and the ASX, ensuring compliance with listing rules.
The most recent analyst rating on (AU:MEK) stock is a Buy with a A$0.33 price target. To see the full list of analyst forecasts on Meeka Gold Limited stock, see the AU:MEK Stock Forecast page.
Meeka Metals Limited has reported exceptional ore development grades at its Andy Well underground mine, with gold grades exceeding 100 g/t Au in multiple faces on the 1350 level. The development, which began in July 2025, is focused on shallow lodes that are easily accessible, promising strong cash flow due to low capital intensity. The company plans to expand ore development across seven levels by December 2025, with a third development jumbo set to commence, enhancing production capabilities. The high-grade ore is expected to significantly boost gold production, with the Murchison project on track to produce approximately 3,800 ounces in October 2025. This development reinforces the potential for grade upside and cost advantages under Meeka’s owner-operator model.
The most recent analyst rating on (AU:MEK) stock is a Buy with a A$0.33 price target. To see the full list of analyst forecasts on Meeka Gold Limited stock, see the AU:MEK Stock Forecast page.
Meeka Metals Limited has announced its 2025 Annual General Meeting, which will take place on November 25, 2025, at the QV1 Building in Perth, Western Australia. Shareholders are encouraged to participate by voting via proxy or in person, with the meeting’s resolutions to be decided by poll. The company has opted not to dispatch physical copies of the meeting notice, instead making them available online, aligning with modern digital practices.
The most recent analyst rating on (AU:MEK) stock is a Buy with a A$0.31 price target. To see the full list of analyst forecasts on Meeka Gold Limited stock, see the AU:MEK Stock Forecast page.
Meeka Metals Limited has appointed Joe Belladonna as the new Chief Financial Officer and Joint Company Secretary. With over 20 years of experience in the mining finance sector, Joe brings expertise in strategic finance and corporate governance, having previously played a crucial role in the growth of Western Areas Ltd. This appointment is expected to strengthen Meeka’s financial management and support its ongoing growth initiatives, including resource expansion and process plant development.
The most recent analyst rating on (AU:MEK) stock is a Buy with a A$0.31 price target. To see the full list of analyst forecasts on Meeka Gold Limited stock, see the AU:MEK Stock Forecast page.
Meeka Gold Limited reported a successful quarter with gold production of 7,148 ounces at an all-in sustaining cost of $2,133 per ounce, surpassing their feasibility study’s start-up plan. The company has built its cash and gold reserves to $59.3 million, even after investing $21.8 million in growth capital for new mines. The accelerated open pit mining strategy has been effective, with significant ore stockpiles built, enhancing production flexibility and de-risking potential plant expansion. The company’s operations are progressing well, with no significant environmental incidents and a strong safety record, positioning Meeka Gold favorably for future growth and stability in the gold mining sector.
The most recent analyst rating on (AU:MEK) stock is a Buy with a A$0.31 price target. To see the full list of analyst forecasts on Meeka Gold Limited stock, see the AU:MEK Stock Forecast page.
Meeka Metals Limited reported its quarterly cash flow, highlighting a net cash usage in operating activities of $54,000, and significant investments totaling $21.764 million, primarily in project development. The company also saw a modest net cash inflow from financing activities of $85,000, reflecting a strategic focus on sustaining operations and advancing its project development initiatives, which may impact its liquidity and future growth prospects.
The most recent analyst rating on (AU:MEK) stock is a Buy with a A$0.31 price target. To see the full list of analyst forecasts on Meeka Gold Limited stock, see the AU:MEK Stock Forecast page.
Meeka Metals Limited has announced significant drilling results from the northeastern flank of Turnberry at the Murchison Gold Project, revealing high-grade gold zones that are likely to expand resources and extend both open pit and underground mining operations. These findings, which include notable gold intersections, suggest potential growth in the company’s resource and reserve base, enhancing its operational performance and positioning in the gold mining sector. The ongoing drilling and positive operational performance indicate a promising outlook for stakeholders, with further updates expected in the upcoming quarterly report.
The most recent analyst rating on (AU:MEK) stock is a Buy with a A$0.31 price target. To see the full list of analyst forecasts on Meeka Gold Limited stock, see the AU:MEK Stock Forecast page.
Meeka Metals Limited announced the cessation of 3,968,750 securities due to the expiry of options without exercise or conversion as of October 13, 2025. This development may impact the company’s capital structure and could influence stakeholder perceptions regarding the company’s financial strategies and market positioning.
The most recent analyst rating on (AU:MEK) stock is a Buy with a A$0.31 price target. To see the full list of analyst forecasts on Meeka Gold Limited stock, see the AU:MEK Stock Forecast page.
Meeka Metals Limited has announced the quotation of 1,812,500 new ordinary fully paid securities on the Australian Securities Exchange (ASX) as of October 13, 2025. This move indicates the company’s efforts to enhance its capital structure, potentially impacting its market positioning and offering new opportunities for stakeholders.
The most recent analyst rating on (AU:MEK) stock is a Buy with a A$0.31 price target. To see the full list of analyst forecasts on Meeka Gold Limited stock, see the AU:MEK Stock Forecast page.
Meeka Metals Limited has announced the issuance of 1,812,500 fully paid ordinary shares following the conversion of unlisted options, generating proceeds of $108,750. This move is part of the company’s compliance with the Corporations Act and reflects its ongoing efforts to manage its capital structure effectively, potentially impacting its market positioning and shareholder value.
The most recent analyst rating on (AU:MEK) stock is a Buy with a A$0.31 price target. To see the full list of analyst forecasts on Meeka Gold Limited stock, see the AU:MEK Stock Forecast page.