Meteoric Resources NL

OTCPK:METO.F Stock Report

Market Cap: US$137.4m

Meteoric Resources Valuation

Is METO.F undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Book vs Peers

  • Price-To-Book vs Industry

  • Price-To-Book vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of METO.F when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate METO.F's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate METO.F's fair value for valuation analysis.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for METO.F?

Key metric: As METO.F barely has revenue we use its Price-To-Book Ratio for relative valuation analysis.

The above table shows the Price to Book ratio for METO.F. This is calculated by dividing METO.F's market cap by their current book value.
What is METO.F's PB Ratio?
PB Ratio25.4x
BookAU$8.31m
Market CapAU$211.48m

Price to Book Ratio vs Peers

How does METO.F's PB Ratio compare to its peers?

The above table shows the PB ratio for METO.F vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average8.4x
ABAT American Battery Technology
1.2xn/aUS$70.5m
IDR Idaho Strategic Resources
4.9x30.3%US$158.5m
SGML Sigma Lithium
14.7x186.6%US$1.5b
USGO U.S. GoldMining
12.9xn/aUS$160.2m
METO.F Meteoric Resources
25.4x48.5%US$211.5m

Price-To-Book vs Peers: METO.F is expensive based on its Price-To-Book Ratio (25.4x) compared to the peer average (8.4x).

Price to Book Ratio vs Industry

How does METO.F's PB Ratio compare vs other companies in the US Metals and Mining Industry?

8 CompaniesPrice / BookEstimated GrowthMarket Cap
NEVD.Q Nevada Copper
0.1xn/aUS$26.02m
VITF.F Victoria Gold
0.06xn/aUS$23.43m
BMXI Brookmount Explorations
0.1xn/aUS$6.20m
LITM Snow Lake Resources
0.2xn/aUS$3.58m
METO.F 25.4xIndustry Avg. 1.8xNo. of Companies14PB012345+
8 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Book vs Industry: METO.F is expensive based on its Price-To-Book Ratio (25.4x) compared to the US Metals and Mining industry average (1.7x).

Price to Book Ratio vs Fair Ratio

What is METO.F's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

METO.F PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio25.4x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate METO.F's Price-To-Book Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst METO.F forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$0.068
US$0.25
+273.9%
26.6%US$0.36US$0.13n/a6
Nov ’25US$0.073
US$0.25
+248.3%
26.6%US$0.36US$0.13n/a6
Oct ’25US$0.078
US$0.27
+240.0%
26.7%US$0.37US$0.13n/a6
Sep ’25US$0.077
US$0.27
+244.4%
26.7%US$0.37US$0.13n/a6
Aug ’25US$0.075
US$0.29
+286.0%
14.4%US$0.36US$0.24n/a5
Jul ’25US$0.12
US$0.32
+178.7%
4.6%US$0.33US$0.30n/a5
Jun ’25US$0.13
US$0.32
+147.2%
7.2%US$0.36US$0.29n/a5
May ’25US$0.13
US$0.32
+145.3%
7.2%US$0.36US$0.29n/a5
Apr ’25US$0.12
US$0.32
+167.8%
7.2%US$0.36US$0.29n/a5
Mar ’25US$0.12
US$0.32
+179.4%
7.2%US$0.36US$0.29n/a5
Feb ’25US$0.13
US$0.31
+137.1%
8.0%US$0.33US$0.27n/a5
Jan ’25n/a
US$0.31
0%
8.0%US$0.33US$0.27n/a5
Dec ’24US$0.16
US$0.30
+86.8%
7.9%US$0.33US$0.26n/a4
Nov ’24US$0.16
US$0.29
+82.1%
9.1%US$0.32US$0.26US$0.0733
Oct ’24n/a
US$0.29
0%
9.1%US$0.32US$0.26US$0.0783
Sep ’24US$0.16
US$0.29
+83.4%
9.1%US$0.32US$0.26US$0.0773
Aug ’24n/a
US$0.32
0%
5.3%US$0.34US$0.30US$0.0752

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

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