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 |
My Notes
Capture your thoughts, links and company narrative
Megado Minerals Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$0.015 |
| 52 Week High | AU$0.036 |
| 52 Week Low | AU$0.007 |
| Beta | -0.32 |
| 1 Month Change | 36.36% |
| 3 Month Change | -6.25% |
| 1 Year Change | -58.33% |
| 3 Year Change | -82.35% |
| 5 Year Change | n/a |
| Change since IPO | -94.12% |
Recent News & Updates
Recent updates
Shareholder Returns
| MEG | AU Metals and Mining | AU Market | |
|---|---|---|---|
| 7D | 0% | -1.8% | -1.0% |
| 1Y | -58.3% | -19.8% | 7.5% |
Return vs Industry: MEG underperformed the Australian Metals and Mining industry which returned -18.8% over the past year.
Return vs Market: MEG underperformed the Australian Market which returned 8.5% over the past year.
Price Volatility
| MEG volatility | |
|---|---|
| MEG Average Weekly Movement | 18.6% |
| Metals and Mining Industry Average Movement | 10.7% |
| Market Average Movement | 8.0% |
| 10% most volatile stocks in AU Market | 16.7% |
| 10% least volatile stocks in AU Market | 3.1% |
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 (19%) 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$3.82m |
| Earnings (TTM) | -AU$747.52k |
| Revenue (TTM) | n/a |
0.0x
P/S Ratio-5.1x
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$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 comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 00:09 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Megado Minerals Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|