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Mindax Ltd

Company price
0.038 AUD 0.00(0%)
Last update at 2026-11-11T04:00:00Z
Market Cap
95.76M

Momentum Score

…

Mindax Limited engages in the exploration and development of mineral properties in Australia. The company operates in two segments, Gold and Iron Ore. Its flagship property is the 65% owned Mt Forrest Iron project, including seven mining leases covering an area of approximately 53 square kilometers situated in the Yilgarn province in the Mid-West region of Western Australia. Mindax Limited was incorporated in 2003 and is based in West Perth, Australia.

Source: TradingView
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Day Price Range
0.04
Low
0.04
High
52 Week Price Range
0.02
Low
0.05
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

Public information on Mindax Ltd is limited; available material indicates it is an Australian mineral exploration and project development company. Long-term growth drivers may include successful exploration and resource definition, favorable commodity prices and progress toward permitting and project development, which could support future value and make leveraged exposure to commodity upside and exploration optionality of interest to investors.
Principal investment risks include uncertain exploration outcomes, pronounced commodity-price volatility, ongoing financing and dilution risk, and permitting, regulatory or operational setbacks that could materially delay or prevent project development.

Risk Score
High

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
0.04
Dividend Yield
-
Revenue TTM
0.00M
Revenue Per Share
-
Gross Profit TTM
0.00M
Debt / Equity
0.00
ROE
-6.43%
Net Debt
-0.08M
ROCE
-7.16%
Diluted EPS TTM
-

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2026-06-30 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Type yearly yearly yearly yearly yearly
Date 2026-06-30 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Income before tax -2.49M -2.63M -2.62M -5.00M 13.42M
Minority interest - - 0.18M - -
Net income -1.63M -2.85M -2.28M -5.57M 13.42M
Selling general administrative - 2.60M 1.16M 1.71M 1.12M
Selling and marketing expenses - - 1.42M 0.20M -
Gross profit -0.06M -0.07M 0.00M -0.01M -
Reconciled depreciation - - 0.06M 0.01M -
Ebit -2.54M -2.62M -2.61M -1.93M -1.15M
Ebitda -2.48M -2.55M -2.54M -1.91M -1.14M
Depreciation and amortization 0.06M 0.07M 0.06M 0.01M 0.00M
Operating income -2.54M -2.67M -2.58M -1.91M -1.15M
Other operating expenses 2.54M 2.67M 2.58M 1.93M 1.15M
Interest expense 0.00M 0.01M 0.02M - -
Tax provision - 0.50M -0.16M 0.00M -
Interest income - 0.01M 0.03M 0.00M -
Net interest income - - 0.02M 0.00M -
Income tax expense -0.79M 0.50M -0.16M 0.57M -
Total revenue - 0.05M 0.00M 0.00M -
Total operating expenses 2.48M 2.60M 2.58M 1.91M 1.15M
Cost of revenue 0.06M 0.07M 0.07M 0.01M -
Total other income expense net 0.05M 0.04M 0.02M -3.08M 14.57M
Net income from continuing ops - - -2.46M -5.57M -
Net income applicable to common shares - -2.85M -2.28M -5.57M -
Breakdown 2026-06-30 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Type yearly yearly yearly yearly yearly
Date 2026-06-30 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Total assets 37.64M 33.93M 26.73M 19.32M 18.98M
Other current assets 1.72M 0.18M - - -
Total liab 10.00M 8.67M 2.13M 0.27M 0.36M
Total stockholder equity 21.07M 18.61M 17.68M 19.05M 18.62M
Other current liab 1.00M 0.78M 1.00M - -
Common stock 66.42M 63.24M 55.52M - 49.97M
Capital stock - - - 55.42M -
Retained earnings -44.56M -42.93M -40.07M -37.79M -32.22M
Cash 0.08M 1.32M 0.52M 4.63M 1.68M
Total current liabilities 2.11M 1.47M 1.65M 0.27M 0.36M
Current deferred revenue - - -0.99M - -
Net debt -0.08M -1.26M -0.47M - -1.68M
Short term debt - 0.06M 0.05M - -
Short long term debt total - 0.06M 0.05M - -
Total current assets 1.88M 1.56M 0.59M 4.70M 1.69M
Long term investments - - - 13.16M -
Net receivables 0.07M 0.07M 0.04M 0.05M -
Accounts payable 1.11M 0.62M 1.59M 0.27M 0.36M
Accumulated other comprehensive income -0.79M -1.70M 2.23M - 0.87M
Non currrent assets other 27.63M 25.24M - - -
Non current assets total 35.76M 32.37M 26.14M 14.63M 17.29M
Breakdown 2026-06-30 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Type yearly yearly yearly yearly yearly
Date 2026-06-30 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Investments - - -2.33M -1.00M -
Total cashflows from investing activities -2.09M -5.00M -2.33M -1.00M -
Total cash from financing activities 1.94M 7.65M 0.06M 5.39M 1.25M
Net income -1.63M -2.85M -2.28M -5.57M -
Change in cash -1.24M 0.80M -4.11M 2.95M 0.49M
Begin period cash flow 1.32M 0.52M 4.63M 1.68M 1.19M
End period cash flow 0.08M 1.32M 0.52M 4.63M 1.68M
Total cash from operating activities -1.09M -1.85M -1.83M -1.44M -
Issuance of capital stock - - 0.10M 5.41M -
Depreciation 0.06M 0.07M 0.06M 0.01M -
Other cashflows from investing activities - 0.87M 0.04M 0.00M -
Change to inventory - - 0.01M - -
Change to account receivables -0.01M -0.02M 0.02M -0.01M -
Sale purchase of stock - 7.75M 0.10M -0.02M -
Other cashflows from financing activities 0.09M -0.06M -0.04M -1.00M 0.21M
Capital expenditures 0.00M 0.00M 2.54M 0.96M 0.00M
Change in working capital -0.17M 0.46M 0.03M -0.07M -
Stock based compensation - - 0.82M 0.55M -
Other non cash items 0.65M 0.47M -0.46M 4.27M -
Free cash flow -1.09M -1.85M -4.38M -2.40M -

Peer Comparison*

Sector: Basic Materials Industry: Gold

Stock Name
Change
(AUD)
Price
(AUD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
MDX
Mindax Ltd
-
-%
0.04 - 9.76 24628.50 4.09 4444.34 -157.84
NEM
Newmont Corporation
-4.95
2.80%
171.70 12.09 10.42 6.66 3.15 4.08 6.49
NST
Northern Star Resources Ltd
-0.60
2.24%
26.13 22.36 18.80 4.85 2.15 4.51 8.33
EVN
Evolution Mining Ltd
-0.59
4.21%
13.41 18.16 13.61 4.88 4.07 4.25 7.74
DPM
Dpm Metals Inc.
-2.48
4.45%
53.25 12.00 9.34 9.29 2.70 5.58 8.45

Profile*

Mindax Ltd

Mindax Limited engages in the exploration and development of mineral properties in Australia. The company operates in two segments, Gold and Iron Ore. Its flagship property is the 65% owned Mt Forrest Iron project, including seven mining leases covering an area of approximately 53 square kilometers situated in the Yilgarn province in the Mid-West region of Western Australia. Mindax Limited was incorporated in 2003 and is based in West Perth, Australia.

41 Colin Street, West Perth, WA, Australia, 6005

61 8 9389 2111

Name Title Year Born
Mr. Ming Tung Chow A.O., B.E., Ph.D. CEO & Executive Chairman 1946
Mr. Dennis William Wilkins B.Bus., AICD, ACIS Company Secretary 1963
Mr. Ming Tung Chow A.O., B.E., Ph.D. CEO & Executive Chairman 1946
Mr. Dennis William Wilkins B.Bus., AICD, ACIS Company Secretary 1963
Mr. Ming Tung Chow A.O., B.E., Ph.D. CEO & Executive Chairman 1946
Mr. Dennis William Wilkins B.Bus., AICD, ACIS Company Secretary 1963
Mr. Ming Tung Chow A.O., B.E., Ph.D. CEO & Executive Chairman 1946
Mr. Dennis William Wilkins B.Bus., AICD, ACIS Company Secretary 1963
Mr. Ming Tung Chow A.O., B.E., Ph.D. CEO & Executive Chairman 1946
Mr. Dennis William Wilkins B.Bus., AICD, ACIS Company Secretary 1963

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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