Midas Minerals Limited (AU:MM1)
ASX:MM1
MM1 Stock Chart & Stats
AU$0.80
>-AU$0.01(-2.60%)
At close: 4:00 PM EST
AU$0.80
>-AU$0.01(-2.60%)
Day’s Range― - ―
52-Week RangeAU$0.11 - AU$1.08
Previous CloseN/A
Volume467.44K
Average Volume (3M)176.59K
Market Cap
AU$163.85M
Enterprise ValueAU$114.16M
Total Cash (Recent Filing)AU$8.78M
Total Debt (Recent Filing)AU$0.00
Price to Earnings (P/E)―
Beta0.81
Next Earnings
Sep 15, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.01
Shares Outstanding203,544,100
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 Upside68.75% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Low Financial Risk (no Debt)A debt-free capital structure materially reduces refinancing and interest-rate risk for an exploration company. The sizable equity increase in 2025 meaningfully strengthens the balance sheet and extends funding runway, improving the firm's ability to execute multi-stage exploration programs over the next several quarters.
Improving Cash Burn TrendYear-over-year reduction in free cash outflow and narrower losses indicate better cost control or more efficient deployment of exploration spend. While still negative, a sustained reduction in cash burn improves near-term runway and reduces frequency and size of future capital raises if the trend continues over the coming 2–6 months.
Strategic Commodity FocusConcentrating on lithium and gold offers structural optionality: lithium assets have long-term demand support from battery markets, while gold provides value preservation during cycles. For an explorer, these commodity focuses increase the strategic attractiveness of discoveries and potential JV or offtake interest over the medium term.
Bears Say
Pre-revenue Operating LossesA persistent pre-revenue profile with recurring losses means the business cannot self-fund exploration or development. This structural reliance on external capital increases dilution and execution risk, and limits the company's ability to progress projects without further funding rounds over the next several quarters.
Negative Returns On EquityRepeated negative ROE reflects poor capital efficiency and failure thus far to convert invested equity into profitable operations. For longer-term investors, persistent negative ROE signals a structural challenge in creating shareholder value absent a material discovery or operational turnaround.
Weak Cash Generation RemainsDespite improvement, continued negative operating and free cash flows mean the company remains dependent on financing. This ongoing cash deficit constrains the pace of exploration, risks project delays, and increases the probability of further equity raises that dilute existing holders if positive resource outcomes are not achieved soon.
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$0.11 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$163.85M.
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 163 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 203,544,100 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
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
AU$1.35 (68.75% Upside)
AU$1.35 (68.75% Upside)
Blogger Sentiment
Neutral
AU:MM1 Sentiment 50%
Sector Average 68%
Sector Average 68%
Insider Transactions
Bought Shares
Worth AU$20.4K over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
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
▲(68.75% Upside)
Technical Analysis
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Options Prices
Currently, No data available
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