MEG Stock Overview
Operates as a mineral exploration company in Australia, the United States, Canada, and Ethiopia. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
Megado Minerals Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$0.011 |
| 52 Week High | AU$0.036 |
| 52 Week Low | AU$0.007 |
| Beta | -0.33 |
| 11 Month Change | -31.25% |
| 3 Month Change | -8.33% |
| 1 Year Change | -63.33% |
| 33 Year Change | -89.00% |
| 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 | -8.3% | 1.6% | 0.9% |
| 1Y | -63.3% | -10.8% | 18.4% |
Return vs Industry: MEG underperformed the Australian Metals and Mining industry which returned -10.8% over the past year.
Return vs Market: MEG underperformed the Australian Market which returned 18.4% over the past year.
Price Volatility
| MEG volatility | |
|---|---|
| MEG Average Weekly Movement | 20.1% |
| Metals and Mining Industry Average Movement | 11.0% |
| Market Average Movement | 8.5% |
| 10% most volatile stocks in AU Market | 17.5% |
| 10% least volatile stocks in AU Market | 3.2% |
Stable Share Price: MEG's share price has been volatile over the past 3 months compared to the Australian market.
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 | n/a | megadominerals.com |
Megado Minerals Limited operates as a mineral exploration company in Australia, the United States, Canada, and Ethiopia. It primary explores for rare earth elements and lithium. The company holds interest in North Fork Rare Earth project, including 499 unpatented mining lode claims covering approximately 10,309 acres located in the Salmon-Challis National Forest in Lemhi County, Idaho; the Cyclone lithium project comprising 304 claims covering an area of 130 square kilometers located near the James Bay region in Quebec, Canada; and K Lithium project, including 35 claims that covers an area of approximately 16 square kilometers located in the James Bay region in Quebec, Canada.
Megado Minerals Limited Fundamentals Summary
| MEG fundamental statistics | |
|---|---|
| Market cap | AU$2.80m |
| Earnings (TTM) | -AU$747.52k |
| Revenue (TTM) | n/a |
0.0x
P/S Ratio-3.7x
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$747.52k |
| Earnings | -AU$747.52k |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.0029 |
| 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