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Midas Minerals ASX:MM1 Stock Report

Last Price

AU$0.078

Market Cap

AU$8.1m

7D

-7.1%

1Y

-48.0%

Updated

22 Nov, 2024

Data

Company Financials

MM1 Stock Overview

Engages in exploration and evaluation of mineral resources in Western Australia, and Northwest Territories and Ontario, Canada. More details

MM1 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
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$0.078
52 Week HighAU$0.15
52 Week LowAU$0.056
Beta-0.69
11 Month Change-17.89%
3 Month Change20.00%
1 Year Change-48.00%
33 Year Change-55.43%
5 Year Changen/a
Change since IPO-58.95%

Recent News & Updates

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
7D-7.1%1.6%0.9%
1Y-48.0%-10.8%18.4%

Return vs Industry: MM1 underperformed the Australian Metals and Mining industry which returned -11.3% over the past year.

Return vs Market: MM1 underperformed the Australian Market which returned 17.7% over the past year.

Price Volatility

Is MM1's price volatile compared to industry and market?
MM1 volatility
MM1 Average Weekly Movement14.2%
Metals and Mining Industry Average Movement10.9%
Market Average Movement8.6%
10% most volatile stocks in AU Market17.3%
10% least volatile stocks in AU Market3.3%

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

Volatility Over Time: MM1's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

FoundedEmployeesCEOWebsite
2018n/aMark Calderwoodwww.midasminerals.com

Midas Minerals Limited engages in exploration and evaluation of mineral resources in Western Australia, and Northwest Territories and Ontario, Canada. It explores for gold, lithium, copper, nickel, and base metals-platinum group elements. The company was incorporated in 2018 is based in West Perth, Australia.

Midas Minerals Limited Fundamentals Summary

How do Midas Minerals's earnings and revenue compare to its market cap?
MM1 fundamental statistics
Market capAU$8.06m
Earnings (TTM)-AU$6.60m
Revenue (TTM)n/a

0.0x

P/S Ratio

-1.2x

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$6.60m
Earnings-AU$6.60m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.064
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0%

How did MM1 perform over the long term?

See historical performance and comparison