MEK Stock Overview
Engages in the exploration and development of gold properties in Western Australia. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 4/6 |
| Past Performance | 0/6 |
| Financial Health | 3/6 |
| Dividends | 0/6 |
My Notes
Capture your thoughts, links and company narrative
Meeka Metals Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$0.077 |
| 52 Week High | AU$0.092 |
| 52 Week Low | AU$0.027 |
| Beta | 0.73 |
| 1 Month Change | 1.32% |
| 3 Month Change | 22.22% |
| 1 Year Change | 92.50% |
| 3 Year Change | 92.50% |
| 5 Year Change | 450.00% |
| Change since IPO | -100.00% |
Recent News & Updates
Shareholder Returns
| MEK | AU Metals and Mining | AU Market | |
|---|---|---|---|
| 7D | 2.7% | 0.06% | 0.5% |
| 1Y | 92.5% | -19.8% | 7.4% |
Return vs Industry: MEK exceeded the Australian Metals and Mining industry which returned -19.8% over the past year.
Return vs Market: MEK exceeded the Australian Market which returned 7.4% over the past year.
Price Volatility
| MEK volatility | |
|---|---|
| MEK Average Weekly Movement | 11.8% |
| Metals and Mining Industry Average Movement | 10.7% |
| Market Average Movement | 8.0% |
| 10% most volatile stocks in AU Market | 16.9% |
| 10% least volatile stocks in AU Market | 3.0% |
Stable Share Price: MEK has not had significant price volatility in the past 3 months compared to the Australian market.
Volatility Over Time: MEK's weekly volatility (12%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1997 | n/a | Tim Davidson | meekametals.com.au |
Meeka Metals Limited engages in the exploration and development of gold properties in Western Australia. Its flagship property is the 100% owned Murchison Gold project that covers an area of approximately 281 square kilometers located in the prolific Murchison Gold Fields, Western Australia. The company was formerly known as Meeka Gold Limited and changed its name to Meeka Metals Limited in July 2022.
Meeka Metals Limited Fundamentals Summary
| MEK fundamental statistics | |
|---|---|
| Market cap | AU$183.86m |
| Earnings (TTM) | -AU$2.94m |
| Revenue (TTM) | n/a |
0.0x
P/S Ratio-62.5x
P/E RatioIs MEK overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MEK income statement (TTM) | |
|---|---|
| Revenue | AU$0 |
| Cost of Revenue | AU$0 |
| Gross Profit | AU$0 |
| Other Expenses | AU$2.94m |
| Earnings | -AU$2.94m |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.0012 |
| Gross Margin | 0.00% |
| Net Profit Margin | 0.00% |
| Debt/Equity Ratio | 7.6% |
How did MEK perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/31 06:57 |
| End of Day Share Price | 2024/12/31 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| 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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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
Meeka Metals Limited is covered by 1 analysts. 1 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 |
|---|---|
| Ross Bennett | Morgans Financial Limited |