Midas Minerals Limited (AU:MM1)
ASX:MM1
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MM1 Stock Chart & Stats
AU$0.92
>-AU$0.01(-2.60%)
At close: 4:00 PM EST
AU$0.92
>-AU$0.01(-2.60%)
Day’s Range― - ―
52-Week RangeAU$0.13 - AU$1.08
Previous CloseN/A
Volume467.44K
Average Volume (3M)176.59K
Market Cap
AU$214.76M
Enterprise ValueAU$127.14M
Total Cash (Recent Filing)AU$8.78M
Total Debt (Recent Filing)AU$0.00
Price to Earnings (P/E)―
Beta0.93
Next Earnings
Sep 15, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.01
Shares Outstanding241,302,430
10 Day Avg. Volume263,478
30 Day Avg. Volume176,585
Financial Highlights & Ratios
PEG Ratio0.62
Price to Book (P/B)4.53
Price to Sales (P/S)0.00
P/FCF Ratio-47.75
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$1.35Price Target Upside46.74% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Conservative Balance SheetZero reported debt and a sizeable equity increase in 2025 materially reduce refinancing and liquidity risk for an exploration company. This stronger capital base extends runway for drilling and project evaluation, improving optionality to fund development or partner transactions over the medium term.
Strategic Commodity FocusTargeting both lithium (battery metals) and gold offers portfolio optionality across structurally supported commodity markets. Exposure to battery and precious metals supports long-term project demand potential and increases attractiveness to strategic partners or financiers focused on those secular themes.
Improving Cash And Loss TrendsYear-over-year improvement in free cash flow and narrowing losses indicate the company is beginning to curb cash burn and tighten spending. For an explorer, improving cash metrics lengthen the useful runway and reduce near-term funding pressure, improving sustainability over the coming months.
Bears Say
Pre-revenue ProfileOperating without revenue leaves the business dependent on external capital or asset transactions to fund operations. Absent a clear near-term development or sale, the lack of operating receipts creates structural uncertainty around self-funding and places persistent reliance on capital markets or partners.
Persistent Negative Cash FlowConsistent negative operating and free cash flows mean the company must repeatedly access capital or monetise assets to continue exploration. This structural cash burn raises dilution risk, constrains the pace of work programs, and limits strategic flexibility absent new financing or partner commitments.
Weak Profitability MetricsNegative and persistent ROE shows the business has not converted invested capital into returns. Even with a stronger equity base, poor profitability undermines the company's ability to attract capital on favorable terms and signals structural execution or monetisation risks that could persist absent resource success.
Midas Minerals Limited News
MM1 FAQ
What was Midas Minerals Limited’s price range in the past 12 months?
Midas Minerals Limited lowest share price was AU$0.13 and its highest was AU$1.08 in the past 12 months.
What is Midas Minerals Limited’s market cap?
Midas Minerals Limited’s market cap is AU$214.76M.
When is Midas Minerals Limited’s upcoming earnings report date?
Midas Minerals Limited’s upcoming earnings report date is Sep 15, 2026 which is in 141 days.
How were Midas Minerals Limited’s earnings last quarter?
Midas Minerals Limited released its earnings results on Mar 27, 2026. The company reported -AU$0.01 earnings per share for the quarter, missing the consensus estimate of N/A by -AU$0.01.
Is Midas Minerals Limited overvalued?
According to Wall Street analysts Midas Minerals Limited’s price is currently Undervalued.
Does Midas Minerals Limited pay dividends?
Midas Minerals Limited does not currently pay dividends.
What is Midas Minerals Limited’s EPS estimate?
Midas Minerals Limited’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Midas Minerals Limited have?
Midas Minerals Limited has 241,302,430 shares outstanding.
What happened to Midas Minerals Limited’s price movement after its last earnings report?
Midas Minerals Limited reported an EPS of -AU$0.01 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went down -0.637%.
Which hedge fund is a major shareholder of Midas Minerals Limited?
Currently, no hedge funds are holding shares in AU:MM1
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
Midas Minerals Limited Stock Smart Score
Outperform
1
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3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
AU$1.35 (46.74% Upside)
AU$1.35 (46.74% Upside)
Blogger Sentiment
Bullish
AU:MM1 Sentiment 60%
Sector Average 75%
Sector Average 75%
News Sentiment
Bullish
Bullish news 75%
Bearish news 25%
Bearish news 25%
Technicals
SMA
Positive
20 days / 200 days
Momentum
411.90%
12-Months-Change
Fundamentals
Return on Equity
-18.89%
Trailing 12-Months
Asset Growth
285.33%
Trailing 12-Months
Company Description
Midas Minerals Limited
Midas Minerals Limited engages in exploration and evaluation of mineral resources. The company primarily explores for gold and base metals in the Eastern Goldfields of Western Australia. Its projects include the Weebo gold project covering 198 square kilometers and 2 exploration licenses located near Leinster, Western Australia; the Challa project, which consists of 2 exploration licenses and 3 license applications covering 859 square kilometers located to the east of Mt Magnet in Western Australia; and the Midas' Newington project that includes 2 exploration licenses covering 94.3 square kilometers located to southern cross greenstone belt; and the Greenbush lithium project covering 102 kilometers located in Ontario, Canada. Midas Minerals Limited was incorporated in 2018 is based in West Perth, Australia.
MM1 Stock 12 Month Forecast
Average Price Target
AU$1.35
▲(46.74% Upside)
Technical Analysis
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Options Prices
Currently, No data available
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