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Meteoric Resources ASX:MEI Stock Report

Last Price

AU$0.067

Market Cap

AU$154.3m

7D

9.8%

1Y

-73.2%

Updated

13 Apr, 2025

Data

Company Financials +

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 Growth5/6
Past Performance0/6
Financial Health5/6
Dividends0/6

Meteoric Resources NL Competitors

Price History & Performance

Summary of share price highs, lows and changes for Meteoric Resources
Historical stock prices
Current Share PriceAU$0.067
52 Week HighAU$0.24
52 Week LowAU$0.057
Beta1.21
1 Month Change-5.63%
3 Month Change-26.37%
1 Year Change-73.20%
3 Year Change318.75%
5 Year Change346.67%
Change since IPO-69.55%

Recent News & Updates

Recent updates

Shareholder Returns

MEIAU Metals and MiningAU Market
7D9.8%0.4%0.08%
1Y-73.2%-18.7%-3.9%

Return vs Industry: MEI underperformed the Australian Metals and Mining industry which returned -18.7% over the past year.

Return vs Market: MEI underperformed the Australian Market which returned -3.9% over the past year.

Price Volatility

Is MEI's price volatile compared to industry and market?
MEI volatility
MEI Average Weekly Movement10.2%
Metals and Mining Industry Average Movement11.1%
Market Average Movement9.0%
10% most volatile stocks in AU Market16.3%
10% least volatile stocks in AU Market4.0%

Stable Share Price: MEI has not had significant price volatility in the past 3 months compared to the Australian market.

Volatility Over Time: MEI's weekly volatility (10%) has been stable over the past year.

Community vs My Fair Value

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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 interests in the Palm Springs gold project, which covers an area of approximately 12,500 ha located in Western Australia; the Juruena Gold project located in Brazil; Webb Diamond JV project covers an area of 400 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$154.29m
Earnings (TTM)-AU$36.79m
Revenue (TTM)AU$583.90k

264.2x

P/S Ratio

-4.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MEI income statement (TTM)
RevenueAU$583.90k
Cost of RevenueAU$0
Gross ProfitAU$583.90k
Other ExpensesAU$37.37m
Earnings-AU$36.79m

Last Reported Earnings

Dec 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.016
Gross Margin100.00%
Net Profit Margin-6,300.84%
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 Analysis2025/04/13 21:05
End of Day Share Price 2025/04/11 00:00
Earnings2024/12/31
Annual Earnings2024/06/30

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 7 analysts. 6 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
Regan BurrowsBell Potter
Reg SpencerCanaccord Genuity