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Meteoric Resources ASX:MEI Stock Report

Last Price

AU$0.086

Market Cap

AU$197.7m

7D

-1.1%

1Y

-64.9%

Updated

24 Dec, 2024

Data

Company Financials +

My Notes

Capture your thoughts, links and company narrative

Meteoric Resources NL Competitors

Price History & Performance

Summary of share price highs, lows and changes for Meteoric Resources
Historical stock prices
Current Share PriceAU$0.086
52 Week HighAU$0.31
52 Week LowAU$0.078
Beta1.63
1 Month Change-12.24%
3 Month Change-18.10%
1 Year Change-64.90%
3 Year Change377.78%
5 Year Change168.75%
Change since IPO-60.91%

Recent News & Updates

Recent updates

Shareholder Returns

MEIAU Metals and MiningAU Market
7D-1.1%-1.9%-0.5%
1Y-64.9%-18.6%8.2%

Return vs Industry: MEI underperformed the Australian Metals and Mining industry which returned -18.6% over the past year.

Return vs Market: MEI underperformed the Australian Market which returned 8.2% over the past year.

Price Volatility

Is MEI's price volatile compared to industry and market?
MEI volatility
MEI Average Weekly Movement12.1%
Metals and Mining Industry Average Movement10.8%
Market Average Movement8.0%
10% most volatile stocks in AU Market16.7%
10% least volatile stocks in AU Market3.1%

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 (12%) 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 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$197.69m
Earnings (TTM)-AU$45.27m
Revenue (TTM)AU$553.60k

357.1x

P/S Ratio

-4.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MEI income statement (TTM)
RevenueAU$553.60k
Cost of RevenueAU$0
Gross ProfitAU$553.60k
Other ExpensesAU$45.82m
Earnings-AU$45.27m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.02
Gross Margin100.00%
Net Profit Margin-8,177.47%
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 Analysis2024/12/24 12:57
End of Day Share Price 2024/12/24 00:00
Earnings2024/06/30
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 here.

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 .

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