Meeka Metals Future Growth

Future criteria checks 6/6

Meeka Metals is forecast to grow earnings and revenue by 49.7% and 49.6% per annum respectively. EPS is expected to grow by 51.5% per annum. Return on equity is forecast to be 26% in 3 years.

Key information

49.7%

Earnings growth rate

51.5%

EPS growth rate

Metals and Mining earnings growth	28.1%
Revenue growth rate	49.6%
Future return on equity	26.0%
Analyst coverage	Low
Last updated	30 Oct 2024

Recent future growth updates

No updates

Recent updates

Earnings and Revenue Growth Forecasts

DB:1KX0 - Analysts future estimates and past financials data (AUD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
6/30/2027	127	34	23	64	1
6/30/2026	161	57	54	97	1
6/30/2025	3	1	-43	N/A	1
6/30/2024	N/A	-3	-7	-2	N/A
3/31/2024	0	-2	-7	-2	N/A
12/31/2023	0	-1	-7	-2	N/A
9/30/2023	0	-1	-8	-1	N/A
6/30/2023	0	-1	-8	-1	N/A
3/31/2023	0	-2	-8	-1	N/A
12/31/2022	0	-3	-8	-1	N/A
9/30/2022	0	-3	-8	-1	N/A
6/30/2022	0	-3	-7	-1	N/A
3/31/2022	0	-3	-9	-1	N/A
12/31/2021	0	-4	-12	-1	N/A
9/30/2021	0	-4	-11	-1	N/A
6/30/2021	0	-3	-10	-1	N/A
3/31/2021	0	-2	-6	-1	N/A
12/31/2020	0	0	-1	0	N/A
9/30/2020	0	0	-1	0	N/A
6/30/2020	0	0	0	0	N/A
3/31/2020	0	0	-1	0	N/A
12/31/2019	N/A	0	-1	0	N/A
9/30/2019	N/A	-1	-1	-1	N/A
6/30/2019	N/A	-1	-1	-1	N/A
3/31/2019	N/A	-2	-1	-1	N/A
12/31/2018	N/A	-2	-1	0	N/A
9/30/2018	N/A	-2	-1	0	N/A
6/30/2018	N/A	-2	-1	0	N/A
3/31/2018	N/A	-1	N/A	-1	N/A
12/31/2017	N/A	-1	N/A	-1	N/A
9/30/2017	N/A	-1	N/A	-1	N/A
6/30/2017	N/A	-1	N/A	-1	N/A
3/31/2017	N/A	-1	N/A	-1	N/A
12/31/2016	N/A	-1	N/A	0	N/A
9/30/2016	N/A	-1	N/A	0	N/A
6/30/2016	N/A	-1	N/A	0	N/A
12/31/2015	N/A	-1	N/A	-1	N/A
9/30/2015	N/A	-1	N/A	-1	N/A
6/30/2015	N/A	-1	N/A	0	N/A
12/31/2014	N/A	-1	N/A	0	N/A
9/30/2014	N/A	-1	N/A	0	N/A
6/30/2014	N/A	-1	N/A	0	N/A
3/31/2014	0	-1	N/A	0	N/A
12/31/2013	0	0	N/A	0	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 1KX0 is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1%).

Earnings vs Market: 1KX0 is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: 1KX0 is expected to become profitable in the next 3 years.

Revenue vs Market: 1KX0's revenue (49.6% per year) is forecast to grow faster than the German market (5.7% per year).

High Growth Revenue: 1KX0's revenue (49.6% per year) is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 1KX0's Return on Equity is forecast to be high in 3 years time (26%)

Meeka Metals Future Growth

Future criteria checks 6/6

Key information

Recent future growth updates

Recent updates

New major risk - Shareholder dilution

Meeka Metals Limited has filed a Follow-on Equity Offering in the amount of AUD 35 million.

Meeka Metals Limited, Annual General Meeting, Nov 29, 2024

Meeka Metals Limited has completed a Follow-on Equity Offering in the amount of AUD 34.999999 million.

Meeka Metals Limited has filed a Follow-on Equity Offering in the amount of AUD 35.023362 million.

New major risk - Financial position

Meeka Metals Limited Announces the Resignation of Morgan Barron as Non-Executive Director, Effective 31 January 2024

Meeka Metals Limited has completed a Follow-on Equity Offering in the amount of AUD 1.8 million.

Meeka Metals Limited has filed a Follow-on Equity Offering in the amount of AUD 1.8 million.

Meeka Metals Limited has filed a Follow-on Equity Offering in the amount of AUD 1.8 million.

Meeka Metals Limited, Annual General Meeting, Nov 28, 2023

Meeka Metals Limited Announces Appointment of Tony Brazier as Joint Company Secretary

Meeka Metals Limited Appoints Tony Brazier as Its Chief Financial Officer

Meeka Metals Limited Announces Infill Drilling for Rare Earths At Circle Valley Is Underway

Meeka Metals Limited Updates Mineral Resource for the Shallow, High-Grade Turnberry Deposit, Part of the 100% Owned Murchison Gold Project

Meeka Metals Limited Reports Shallow, High-Grade Gold Assays from Extensional Drilling Targeting the Western Flank of Turnberry

Meeka Metals Announces Excellent Upstream Rare Earth Beneficiation Results

Meeka Metals Limited Reports Drill Testing Results of the Second Conceptual Target At St Anne's, Murchison Gold Project

No independent directors

Meeka Metals Limited Reports Discovery of A New Lode, Part of the 100% Owned Murchison Gold Project

Meeka Metals Limited, Annual General Meeting, Nov 03, 2022

Meeka Metals Limited Provides an Update on Activities Currently Underway in the Murchison and At Circle Valley

Insider recently bought €347k worth of stock

Meeka Metals Limited Announces Ongoing High-Grade Rare Earth Assays from Circle Valley

Meeka Metals Limited Continues to Grow-Further High-Grade Gold Results

Meeka Metals Limited Announces High-Grade Gold Continues at Turnberry

Meeka Metals Limited Announces Significant New Discovery At St Anne's

Meeka Metals Limited Announces Highest Grade Rare Earth Assays to Date from Circle Valley

Meeka Metals Limited Reports Positive Rare Earth Metallurgical Testwork and Forward Plan

Meeka Metals Limited Reports Thick, High-Grade Gold Assays from St Anne's, Part of the Murchison Gold Project

Meeka Metals Limited Announces More Shallow, High-Grade Gold on the Western Flank of Turnberry

Meeka Gold Limited Reports Gold Assays from the Murchison Gold Project

Meeka Gold Limited Announces High-Grade Rare Earths Continue At Circle Valley

Meeka Gold Limited Reports Further Assay Results from the Circle Valley Project

Meeka Gold Limited Announces High Priority Drilling Underway At Murchison Gold Project

Meeka Gold Limited Reports Results from 105 Holes Drilled Within the Eastern Block of Cascade

Meeka Gold Limited Announces Changes to Board

Meeka Gold Limited Reports Rare Earth Mettalurgical Work Underway

Meeka Gold Limited Reports Spectacular Rare Earth Grades from Cascade Project

No independent directors

Meeka Gold Limited Reports Further REO Results for the Cascade REE Project

Meeka Gold Limited (ASX:MEK) acquired Cascade Rare Earth Project.

Meeka Gold Announces Drilling Results from the Murchison Gold Project

Meeka Gold Limited Provides Update on Exploration Activities Currently Underway at Circle Valley in the Albany-Fraser Mobile Belt

Meeka Gold Limited Reports New Assay Results from the Recent Rc Drilling At the St Anne's Prospect, Which Forms Part of the Company's Murchison Gold Project

Meeka Gold Limited Announces Murchison Diamond Drilling Progress Update

Meeka Gold Limited Announces Drilling Commenced at Circle Valley

Latitude Consolidated Limited Reports Further Assay Results from Phase 1 Drill Program At Murchison Gold Project

Latitude Consolidated Limited Announces Further Assays Received from Phase 1 Drilling at MGP

Latitude Consolidated Limited Announces New Mineralised Trend Discovered At Andy Well

Latitude Consolidated Limited announced that it expects to receive AUD 6.748619 million in funding

Latitude Consolidated Limited Announces Mineral Resource Estimate for the Turnberry Deposit

Non-Executive Director has left the company

Latitude Consolidated Limited Appoints Paul David Adams as Director

Latitude Consolidated Limited Appoints Tim Davidson as Chief Executive Officer

Latitude Consolidated Limited (ASX:LCD) signed a binding agreement to acquire Andy Well Mining Pty Ltd from Silver Lake Resources Limited (ASX:SLR) for AUD 8 million.

Latitude Consolidated Limited Announces It Has Signed A Native Title Mining and Land Access Agreement for Exploration with Antakirinja Matuyankunytjatjara Aboriginal Corporation

Latitude Consolidated Limited (ASX:LCD) entered into an agreement to acquire Skye Gold Project from Resource Holdings Pty Ltd.

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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