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Company price
0.23 AUD -0.01 ( 4.17%)
Last update at 2026-11-06T05:10:00Z
VOLUME
8968344
Market Cap
660.63M

Momentum Score

…

Meteoric Resources Limited, together with its subsidiaries, explores and develops mineral tenements in Brazil. The company explores for rare earth minerals, bauxite, clay, uranium, zirconium, and leucite. Its flagship property is the Caldeira rare earth ionic clay project comprising 77 mining and exploration licenses covering an area of approximately 193 square kilometers located between the cities of Caldas, Poços de Caldas, and Andrades in the southwest region of the state of Minas Gerais in Brazil. The company was formerly known as Meteoric Resources NL and changed its name to Meteoric Resources Limited in July 2026. Meteoric Resources Limited was incorporated in 2004 and is headquartered in West Perth, Australia.

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Day Price Range
0.22
Low
0.23
High
52 Week Price Range
0.12
Low
0.27
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

Meteoric Resources NL is an Australian-listed mineral exploration company focused on discovering and advancing precious and base metal deposits in Australia. Its long-term growth depends on positive exploration results, supportive commodity prices and successful project advancement through permitting and development, which may benefit from favourable regional geology. Investors may find the company attractive for leveraged exposure to commodity upside and optionality from early-stage assets.

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
0.24
Dividend Yield
-
Revenue TTM
0.00M
Revenue Per Share
-
Gross Profit TTM
0.00M
Debt / Equity
0.00
ROE
-435.52%
Net Debt
-32.16M
ROCE
-53.36%
Diluted EPS TTM
-0.02

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2026-06-30 2025-12-31 2025-06-30 2024-12-31 2024-06-30
Type yearly yearly yearly yearly yearly
Date 2026-06-30 2025-12-31 2025-06-30 2024-12-31 2024-06-30
Income before tax -27.85M -27.85M -36.47M -36.47M -45.27M
Net income -27.85M -27.85M -36.47M -36.47M -16.37M
Selling general administrative - - 6.70M 6.70M 4.32M
Selling and marketing expenses - - 34.38M 34.38M 0.28M
Gross profit -0.33M -0.33M 4.65M 4.65M 0.55M
Reconciled depreciation - - 0.07M 0.07M 0.07M
Ebit -28.81M -28.81M -36.50M -36.50M -44.58M
Ebitda -28.47M -28.47M -36.12M -36.12M -44.46M
Depreciation and amortization 0.33M 0.33M 0.38M 0.38M 0.12M
Operating income -28.81M -28.81M -36.43M -36.43M -44.52M
Other operating expenses 28.81M 28.81M 41.08M 41.08M 45.07M
Tax provision - 0.00M 0.00M 0.00M 0.00M
Interest income - - 0.92M 0.92M 0.69M
Net interest income - - 0.92M 0.92M -
Extraordinary items - - - - 28.90M
Income tax expense - 0.00M - - 1.32M
Total revenue - 0.00M 4.65M 4.65M 0.55M
Total operating expenses 28.47M 28.47M 41.08M 41.08M 45.07M
Cost of revenue 0.33M 0.33M - 0.38M 0.07M
Total other income expense net 0.96M 0.96M -0.04M -0.04M -0.75M
Net income from continuing ops - -13.92M -36.47M -36.47M -45.27M
Net income applicable to common shares - -13.92M - - -16.37M
Breakdown 2026-06-30 2025-12-31 2025-06-30 2024-12-31 2024-06-30
Type yearly yearly yearly yearly yearly
Date 2026-06-30 2025-12-31 2025-06-30 2024-12-31 2024-06-30
Total assets 60.31M 60.31M 17.01M 17.01M 16.47M
Intangible assets - - 0.07M 0.07M 0.06M
Other current assets 0.16M 0.16M - 0.22M 0.03M
Total liab 6.46M 6.46M 8.58M 8.58M 8.16M
Total stockholder equity 53.85M 53.85M 8.43M 8.43M 8.31M
Other current liab 2.40M 2.40M - 0.13M 0.11M
Common stock 143.14M 143.14M - 102.80M 72.97M
Capital stock - - 102.80M 102.80M 72.97M
Retained earnings -137.61M -137.61M -135.59M -135.59M -99.13M
Cash 32.39M 32.39M 10.97M 10.97M 13.87M
Total current liabilities 6.33M 6.33M 8.40M 8.40M 1.84M
Current deferred revenue - - - 6.11M -
Net debt -32.16M -32.16M - -10.64M -13.33M
Short term debt 0.10M 0.10M - 0.14M 0.24M
Short long term debt total 0.23M 0.23M - 0.32M 0.55M
Total current assets 34.47M 34.47M 12.82M 12.82M 14.29M
Long term investments - - 1.41M 1.41M 0.25M
Net receivables 1.78M 1.78M - 1.49M 0.33M
Inventory 0.15M 0.15M 0.15M 0.15M 0.05M
Accounts payable 3.83M 3.83M 2.02M 2.02M 1.50M
Accumulated other comprehensive income 48.33M 48.33M - 41.23M 34.47M
Non currrent assets other 18.24M 18.24M - 0.23M 0.18M
Non current assets total 25.84M 25.84M 4.19M 4.19M 2.18M
Capital lease obligations - - 0.32M 0.32M 0.55M
Breakdown 2026-06-30 2025-12-31 2025-06-30 2024-12-31 2024-06-30
Type yearly yearly yearly yearly yearly
Date 2026-06-30 2025-12-31 2025-06-30 2024-12-31 2024-06-30
Investments - - -0.17M - 26.52M
Total cashflows from investing activities -5.06M -5.06M -0.17M -0.17M 26.52M
Net borrowings - - - - 0.29M
Total cash from financing activities 39.89M 39.89M 29.33M 29.33M 5.24M
Net income -27.85M -27.85M -36.47M -36.47M -16.37M
Change in cash 18.51M 18.51M -2.91M -2.91M -3.41M
Begin period cash flow 13.87M 13.87M 13.87M 13.87M 17.29M
End period cash flow 32.39M 32.39M 10.97M 10.97M 13.87M
Total cash from operating activities -13.38M -13.38M -32.09M -32.09M -33.86M
Issuance of capital stock - - 30.92M 30.92M 4.95M
Depreciation 0.33M 0.33M - 0.38M 0.07M
Other cashflows from investing activities - - 1.00M - 27.74M
Change to account receivables -0.10M -0.10M -0.49M -0.49M 0.04M
Sale purchase of stock - - -1.59M -1.59M 4.95M
Other cashflows from financing activities - - -1.59M - 26.52M
Capital expenditures 5.06M 5.06M 1.18M 1.18M 1.22M
Exchange rate changes - -0.03M - - -
Change in working capital 1.54M 1.54M 0.10M 0.10M -23.06M
Stock based compensation - - - - 5.96M
Other non cash items 12.60M 12.60M -32.19M -32.19M 5.57M
Free cash flow -18.44M -18.44M -33.26M -33.26M -35.08M

Peer Comparison*

Sector: Basic Materials Industry: Other Industrial Metals & Mining

Stock Name
Change
(AUD)
Price
(AUD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to EBITDA (x)
MEI
Meteoric Resources NL
-0.01
4.17%
0.23 - - 809598.44 9.65 -56.20
BHP
BHP Group Ltd
-1.38
2.34%
57.62 20.70 15.82 5.10 4.00 6.71
RIO
Rio Tinto Ltd
-3.11
2.03%
149.93 14.04 12.02 4.03 2.49 6.74
GLC
Glencore Plc
-0.52
5.20%
9.48 15.15 11.30 0.38 1.95 7.60
FMG
Fortescue Ltd
-0.31
2.00%
15.18 11.31 13.61 2.81 1.51 4.32

Profile*

Meteoric Resources NL

Meteoric Resources Limited, together with its subsidiaries, explores and develops mineral tenements in Brazil. The company explores for rare earth minerals, bauxite, clay, uranium, zirconium, and leucite. Its flagship property is the Caldeira rare earth ionic clay project comprising 77 mining and exploration licenses covering an area of approximately 193 square kilometers located between the cities of Caldas, Poços de Caldas, and Andrades in the southwest region of the state of Minas Gerais in Brazil. The company was formerly known as Meteoric Resources NL and changed its name to Meteoric Resources Limited in July 2026. Meteoric Resources Limited was incorporated in 2004 and is headquartered in West Perth, Australia.

35 Ventnor Avenue, West Perth, WA, Australia, 6005

61 8 6166 9112

Name Title Year Born
Dr. Andrew James Tunks B.Sc (Hons) MD & Exec. Director 1964
Mr. Peter Sheehan Operations Mang. NA
Mr. Matthew Foy A.C.I.S., ACIS, AGIA, BCom, FCIS, GradDipACG, SAFi Company Sec. NA
Dr. Andrew James Tunks B.Sc (Hons) Executive Chairman 1964
Mr. Nicholas Holthouse Chief Executive Officer NA
Dr. Paul Anthony Kitto B.Sc., Ph.D. Non-Executive Technical Director 1957
Dr. Marcelo Juliano de Carvalho M.Sc., Ph.D. Chief Geologist & Executive Director NA
Mr. Peter Sheehan Operations Manager NA
Mr. Matthew Foy A.C.I.S., ACIS, AGIA, BCom, FCIS, GradDipACG, SAFi Company Secretary NA
Dr. Andrew James Tunks B.Sc (Hons) Executive Chairman 1964

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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