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MM1 Stock Chart & Stats
AU$0.74
AU$0.06(8.11%)
At close: 4:00 PM EDT
AU$0.74
AU$0.06(8.11%)
Day’s Range― - ―
52-Week RangeAU$0.28 - AU$1.14
Previous CloseN/A
Volume1.22M
Average Volume (3M)176.59K
Market Cap
AU$203.56M
Enterprise ValueAU$143.94M
Total Cash (Recent Filing)AU$8.78M
Total Debt (Recent Filing)AU$0.00
Price to Earnings (P/E)―
Beta1.06
Next Earnings
Sep 15, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.02
Shares Outstanding245,252,430
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 Upside102.70% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Debt-free Balance SheetA zero-debt capital structure is a durable financial advantage for an exploration company: it lowers bankruptcy and refinancing risk, preserves strategic optionality for capital allocation, and makes it easier to pursue funding or JV partners without immediate debt servicing pressure.
Strengthened Equity BaseA materially larger equity base in 2025 meaningfully extends operational runway for exploration programs and reduces near-term liquidity pressure. This stronger capital position improves credibility with partners and regulators and lowers the near-term need for dilutive emergency raises.
Improving Cash Outflows And LossesProgress toward narrower losses and smaller negative free cash flow suggests better spending discipline and efficiency gains that can be sustained. For an early-stage explorer, improving cash metrics lengthen runway and reduce the cadence of capital raises, aiding execution of multi-quarter exploration plans.
Bears Say
No Revenue And Recurring LossesA persistent pre-revenue profile means the business cannot self-fund operations and remains wholly reliant on external capital. Over months, this sustains execution risk: projects need continual funding and the company lacks proven cash-generating assets to offset exploration uncertainty.
Persistent Negative Free Cash FlowOngoing negative operating and free cash flow is structurally significant: it necessitates recurrent financing or asset sales, raises dilution risk, and constrains the company's ability to scale exploration or commit to larger capital programs without partner support.
Negative Returns On EquitySustained negative ROE indicates the company is not converting invested capital into value or profits. Over the medium term this undermines investor confidence, raises the cost of equity financing and signals structural challenges in translating exploration spend into commercial assets.
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$0.28 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$203.56M.
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 44 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 245,252,430 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
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
AU$1.50 (102.70% Upside)
AU$1.50 (102.70% Upside)
Blogger Sentiment
Bullish
AU:MM1 Sentiment 75%
Sector Average 69%
Sector Average 69%
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
―
Trailing 12-Months
Asset Growth
285.33%
Trailing 12-Months
Company Description
Midas Minerals Limited
Midas Minerals Limited specializes in the exploration and assessment of mineral resources. The company primarily targets gold and base metals within Western Australia's Eastern Goldfields region. Its portfolio includes several key ventures: the Weebo gold project, spanning 198 square kilometers across two exploration licenses near Leinster, Western Australia; the Challa project, an 859-square-kilometer area comprising two exploration licenses and three license applications located east of Mt Magnet, Western Australia; and the Newington project, covering 94.3 square kilometers via two exploration licenses in the Southern Cross Greenstone Belt. Additionally, Midas Minerals has a presence in Canada with its Greenbush lithium project, which encompasses 102 kilometers in Ontario. Established in 2018, Midas Minerals Limited is headquartered in West Perth, Australia.
MM1 Stock 12 Month Forecast
Average Price Target
AU$1.50
▲(102.70% Upside)
Technical Analysis
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