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Meeka Metals ASX:MEK Stock Report

Last Price

AU$0.034

Market Cap

AU$42.0m

7D

-8.1%

1Y

-24.4%

Updated

24 Apr, 2024

Data

Company Financials

MEK Stock Overview

Meeka Metals Limited engages in the exploration of gold and rare earth properties in Australia.

MEK fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

Meeka Metals Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Meeka Metals
Historical stock prices
Current Share PriceAU$0.034
52 Week HighAU$0.054
52 Week LowAU$0.027
Beta0.72
1 Month Change-2.86%
3 Month Change-8.11%
1 Year Change-24.44%
3 Year Change-26.09%
5 Year Change126.67%
Change since IPO-100.00%

Recent News & Updates

Recent updates

Are Insiders Selling Latitude Consolidated Limited (ASX:LCD) Stock?

Jan 31
Are Insiders Selling Latitude Consolidated Limited (ASX:LCD) Stock?

Shareholder Returns

MEKAU Metals and MiningAU Market
7D-8.1%0.1%0.9%
1Y-24.4%-1.3%5.7%

Return vs Industry: MEK underperformed the Australian Metals and Mining industry which returned -2.1% over the past year.

Return vs Market: MEK underperformed the Australian Market which returned 5.6% over the past year.

Price Volatility

Is MEK's price volatile compared to industry and market?
MEK volatility
MEK Average Weekly Movement12.9%
Metals and Mining Industry Average Movement12.4%
Market Average Movement8.9%
10% most volatile stocks in AU Market17.5%
10% least volatile stocks in AU Market3.5%

Stable Share Price: MEK has not had significant price volatility in the past 3 months.

Volatility Over Time: MEK's weekly volatility (13%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/an/aTim Davidsonwww.meekametals.com.au

Meeka Metals Limited engages in the exploration of gold and rare earth properties in Australia. Its flagship project is the Murchison gold project covering an area of 343 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

How do Meeka Metals's earnings and revenue compare to its market cap?
MEK fundamental statistics
Market capAU$41.98m
Earnings (TTM)-AU$1.25m
Revenue (TTM)AU$100.00k

419.8x

P/S Ratio

-33.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MEK income statement (TTM)
RevenueAU$100.00k
Cost of RevenueAU$0
Gross ProfitAU$100.00k
Other ExpensesAU$1.35m
Earnings-AU$1.25m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-0.001
Gross Margin100.00%
Net Profit Margin-1,254.10%
Debt/Equity Ratio0%

How did MEK perform over the long term?

See historical performance and comparison
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