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MM1 logo

Midas Minerals ASX:MM1 Stock Report

Last Price

AU$0.076

Market Cap

AU$9.3m

7D

-7.3%

1Y

-45.7%

Updated

25 Dec, 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

My Notes

Capture your thoughts, links and company narrative

Midas Minerals Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Midas Minerals
Historical stock prices
Current Share PriceAU$0.076
52 Week HighAU$0.14
52 Week LowAU$0.056
Beta-0.68
1 Month Change-10.59%
3 Month Change5.56%
1 Year Change-45.71%
3 Year Change-45.71%
5 Year Changen/a
Change since IPO-60.00%

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-7.3%-2.1%-1.0%
1Y-45.7%-18.8%8.5%

Return vs Industry: MM1 underperformed the Australian Metals and Mining industry which returned -18.8% over the past year.

Return vs Market: MM1 underperformed the Australian Market which returned 8.5% over the past year.

Price Volatility

Is MM1's price volatile compared to industry and market?
MM1 volatility
MM1 Average Weekly Movement14.0%
Metals and Mining Industry Average Movement10.7%
Market Average Movement8.0%
10% most volatile stocks in AU Market16.7%
10% least volatile stocks in AU Market3.1%

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$9.28m
Earnings (TTM)-AU$6.60m
Revenue (TTM)n/a

0.0x

P/S Ratio

-1.4x

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)-0.054
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0%

How did MM1 perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/25 13:07
End of Day Share Price 2024/12/24 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

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

Midas Minerals Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution