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Meteoric Resources NLASX:MEI Stock Report

Market Cap AU$633.8m
Share Price
AU$0.23
My Fair Value
AU$0.34
32.4% undervalued intrinsic discount
1Y142.1%
7D31.4%
Portfolio Value
View

Meteoric Resources NL

ASX:MEI Stock Report

Market Cap: AU$633.8m

Meteoric Resources (MEI) Stock Overview

Explores for mineral tenements in Brazil, Canada, Western Australia, and Northern Territory. More details

MEI fundamental analysis
Snowflake Score
Valuation0/6
Future Growth1/6
Past Performance0/6
Financial Health6/6
Dividends0/6

MEI Community Fair Values

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Meteoric Resources NL Competitors

Price History & Performance

Summary of share price highs, lows and changes for Meteoric Resources
Historical stock prices
Current Share PriceAU$0.23
52 Week HighAU$0.25
52 Week LowAU$0.057
Beta1.1
1 Month Change84.00%
3 Month Change53.33%
1 Year Change142.11%
3 Year Change1,816.67%
5 Year Change265.08%
Change since IPO4.55%

Recent News & Updates

Recent updates

Meteoric Resources NL (ASX:MEI) Shares Could Be 41% Below Their Intrinsic Value Estimate

May 06
Meteoric Resources NL (ASX:MEI) Shares Could Be 41% Below Their Intrinsic Value Estimate

Shareholder Returns

MEIAU Metals and MiningAU Market
7D31.4%3.0%-0.4%
1Y142.1%18.4%7.0%

Return vs Industry: MEI exceeded the Australian Metals and Mining industry which returned 18.4% over the past year.

Return vs Market: MEI exceeded the Australian Market which returned 7% over the past year.

Price Volatility

Is MEI's price volatile compared to industry and market?
MEI volatility
MEI Average Weekly Movement13.7%
Metals and Mining Industry Average Movement12.7%
Market Average Movement9.3%
10% most volatile stocks in AU Market20.1%
10% least volatile stocks in AU Market3.4%

Stable Share Price: MEI's share price has been volatile over the past 3 months compared to the Australian market.

Volatility Over Time: MEI's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

FoundedEmployeesCEOWebsite
2004n/aStuart Galewww.meteoric.com.au

Meteoric Resources NL explores for mineral tenements in Brazil, Canada, Western Australia, and Northern Territory. The company explores for gold, copper, and diamond deposits. It also owns Webb JV project covers an area of 961 square kilometers located in Western Australia; and the Warrego North IOCG project located in the Northern Territory.

Meteoric Resources NL Fundamentals Summary

How do Meteoric Resources's earnings and revenue compare to its market cap?
MEI fundamental statistics
Market capAU$633.82m
Earnings (TTM)-AU$36.47m
Revenue (TTM)AU$30.30k
Over9,999x
P/S Ratio
-16.7x
P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MEI income statement (TTM)
RevenueAU$30.30k
Cost of RevenueAU$0
Gross ProfitAU$30.30k
Other ExpensesAU$36.50m
Earnings-AU$36.47m

Last Reported Earnings

Jun 30, 2025

Next Earnings Date

n/a

Earnings per share (EPS)-0.014
Gross Margin100.00%
Net Profit Margin-120,338.99%
Debt/Equity Ratio0%

How did MEI perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/15 08:57
End of Day Share Price 2025/10/15 00:00
Earnings2025/06/30
Annual Earnings2025/06/30

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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 Github.

Analyst Sources

Meteoric Resources NL is covered by 8 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Mollie UrquhartBarrenjoey Markets Pty Limited
Dale KoendersBarrenjoey Markets Pty Limited
Daniel MorganBarrenjoey Markets Pty Limited