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Midas Minerals ASX:MM1 Stock Report

Last Price

AU$0.08

Market Cap

AU$6.9m

7D

6.7%

1Y

-57.9%

Updated

27 Mar, 2024

Data

Company Financials

MM1 Stock Overview

Midas Minerals Limited engages in exploration and evaluation of mineral resources.

MM1 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

Midas Minerals Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Midas Minerals
Historical stock prices
Current Share PriceAU$0.08
52 Week HighAU$0.46
52 Week LowAU$0.075
Beta-0.38
1 Month Change-2.44%
3 Month Change-42.86%
1 Year Change-57.89%
3 Year Changen/a
5 Year Changen/a
Change since IPO-57.89%

Recent News & Updates

Will Midas Minerals (ASX:MM1) Spend Its Cash Wisely?

Jul 19
Will Midas Minerals (ASX:MM1) Spend Its Cash Wisely?

Recent updates

Will Midas Minerals (ASX:MM1) Spend Its Cash Wisely?

Jul 19
Will Midas Minerals (ASX:MM1) Spend Its Cash Wisely?

Shareholder Returns

MM1AU Metals and MiningAU Market
7D6.7%0.2%1.5%
1Y-57.9%-4.5%11.6%

Return vs Industry: MM1 underperformed the Australian Metals and Mining industry which returned -3.6% over the past year.

Return vs Market: MM1 underperformed the Australian Market which returned 11.3% over the past year.

Price Volatility

Is MM1's price volatile compared to industry and market?
MM1 volatility
MM1 Average Weekly Movement15.1%
Metals and Mining Industry Average Movement11.9%
Market Average Movement8.7%
10% most volatile stocks in AU Market17.1%
10% least volatile stocks in AU Market3.2%

Stable Share Price: MM1's share price has been volatile over the past 3 months.

Volatility Over Time: MM1's weekly volatility (15%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

FoundedEmployeesCEOWebsite
2018n/aMark Calderwoodhttps://www.midasminerals.com

Midas Minerals Limited engages in exploration and evaluation of mineral resources. The company primarily explores for gold and base metals in the Eastern Goldfields of Western Australia. Its projects include the Weebo gold project covering 198 square kilometers and 2 exploration licenses located near Leinster, Western Australia; the Challa project, which consists of 2 exploration licenses and 3 license applications covering 859 square kilometers located to the east of Mt Magnet in Western Australia; and the Midas’ Newington project that includes 2 exploration licenses covering 94.3 square kilometers located to southern cross greenstone belt; and the Greenbush lithium project covering 102 kilometers located in Ontario, Canada.

Midas Minerals Limited Fundamentals Summary

How do Midas Minerals's earnings and revenue compare to its market cap?
MM1 fundamental statistics
Market capAU$6.95m
Earnings (TTM)-AU$5.31m
Revenue (TTM)n/a

0.0x

P/S Ratio

-1.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MM1 income statement (TTM)
RevenueAU$0
Cost of RevenueAU$0
Gross ProfitAU$0
Other ExpensesAU$5.31m
Earnings-AU$5.31m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-0.061
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0%

How did MM1 perform over the long term?

See historical performance and comparison
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