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$0.21 - AU$1.14
Previous CloseN/A
Volume467.44K
Average Volume (3M)176.59K
Market Cap
AU$214.76M
Enterprise ValueAU$130.19M
Total Cash (Recent Filing)AU$8.78M
Total Debt (Recent Filing)AU$0.00
Price to Earnings (P/E)―
Beta1.09
Next Earnings
Sep 15, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.02
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$1.50Price Target Upside63.04% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Zero Debt Capital StructureA zero-debt balance sheet materially reduces refinancing and interest risk for an exploration company. This structural strength preserves financial optionality to fund drilling or partnerships, extending runway and lowering solvency risk despite ongoing cash burn.
Larger Equity Base In 2025A materially stronger equity position provides a durable capital buffer to support exploration programs without immediate reliance on debt. The 2025 equity uplift improves the company’s ability to fund near-term activities and negotiate JV or offtake terms from a position of balance-sheet strength.
Improving Free Cash Flow TrendYear-over-year improvement in free cash flow indicates management is reducing burn or improving capital efficiency. While still negative, a sustained trend toward lower cash outflows lengthens runway, reduces near-term financing frequency, and makes long-term project execution more feasible.
Bears Say
No Operating RevenueAbsence of operating revenue means the business lacks self-sustaining cash generation and remains entirely dependent on external funding or asset sales. Over months this elevates execution and financing risk and delays any credible pathway to operating profitability.
Recurring And Material LossesPersistent net losses erode returns on capital and indicate the company has not yet converted exploration activity into value-creating outcomes. Continued losses require sustained capital raises or partner deals, increasing dilution risk and constraining long-term project financing choices.
Consistent Negative Cash GenerationOngoing negative operating and free cash flows create structural funding dependency. This undermines operational independence, forces recurring equity raises or agreements, and raises the probability that exploration programs will be paced by capital availability rather than geology or strategy.
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$0.21 and its highest was AU$1.14 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 117 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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5
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7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
AU$1.50 (63.04% Upside)
AU$1.50 (63.04% Upside)
Blogger Sentiment
Bullish
AU:MM1 Sentiment 67%
Sector Average ―
Sector Average ―
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$1.50
▲(63.04% Upside)
Technical Analysis
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Options Prices
Currently, No data available
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