MEG Stock Overview
Megado Minerals Limited operates as a mineral exploration company in North America.
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 4/6 |
| Dividends | 0/6 |
Megado Minerals Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$0.011 |
| 52 Week High | AU$0.079 |
| 52 Week Low | AU$0.01 |
| Beta | -0.39 |
| 1 Month Change | 10.00% |
| 3 Month Change | -52.17% |
| 1 Year Change | -76.09% |
| 3 Year Change | -93.89% |
| 5 Year Change | n/a |
| Change since IPO | -95.69% |
Recent News & Updates
Recent updates
Shareholder Returns
| MEG | AU Metals and Mining | AU Market | |
|---|---|---|---|
| 7D | 0% | -0.9% | 0.03% |
| 1Y | -76.1% | -3.4% | 4.2% |
Return vs Industry: MEG underperformed the Australian Metals and Mining industry which returned -1.7% over the past year.
Return vs Market: MEG underperformed the Australian Market which returned 6% over the past year.
Price Volatility
| MEG volatility | |
|---|---|
| MEG Average Weekly Movement | 20.3% |
| Metals and Mining Industry Average Movement | 12.5% |
| Market Average Movement | 9.0% |
| 10% most volatile stocks in AU Market | 17.7% |
| 10% least volatile stocks in AU Market | 3.5% |
Stable Share Price: MEG's share price has been volatile over the past 3 months.
Volatility Over Time: MEG's weekly volatility (20%) has been stable over the past year, but is still higher than 75% of Australian stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2019 | n/a | Ben Pearson | megadominerals.com |
Megado Minerals Limited operates as a mineral exploration company in North America. It explores for rare earth elements and lithium. The company holds 100% interest in North Fork Rare Earth Project comprising 499 mining lode claims covering approximately 42 square kilometers in the Salmon-Challis National Forest in Lemhi County, Idaho.
Megado Minerals Limited Fundamentals Summary
| MEG fundamental statistics | |
|---|---|
| Market cap | AU$2.80m |
| Earnings (TTM) | -AU$1.37m |
| Revenue (TTM) | n/a |
0.0x
P/S Ratio-2.1x
P/E RatioIs MEG overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MEG income statement (TTM) | |
|---|---|
| Revenue | AU$0 |
| Cost of Revenue | AU$0 |
| Gross Profit | AU$0 |
| Other Expenses | AU$1.37m |
| Earnings | -AU$1.37m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.0054 |
| Gross Margin | 0.00% |
| Net Profit Margin | 0.00% |
| Debt/Equity Ratio | 0% |
How did MEG perform over the long term?
See historical performance and comparison