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Minerals Exploration Limited

Company price
0.037 AUD 0.00 ( 8.82%)
Last update at 2026-11-12T00:25:00Z
VOLUME
24000
Market Cap
7.68M

Momentum Score

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Minerals Exploration Limited, an exploration company, engages in the exploration and development of uranium, vanadium, lithium, and other mineral properties. It holds 100% interest in the East Canyon project that comprises 231 contiguous claims, which covers an area of approximately 4,620 acres/18.7 square kilometers located in the Dry Valley/East Canyon mining district of south-eastern Utah, the United States; and the Frome Downs and Yankaninna projects in the South Australia. The company was formerly known as Uvre Limited and changed its name to Minerals Exploration Limited in November 2025. The company was incorporated in 2021 and is based in West Perth, Australia.

Source: TradingView
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Day Price Range
0.03
Low
0.04
High
52 Week Price Range
0.04
Low
0.25
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

Minerals Exploration Limited is an Australian-listed minerals exploration company that holds early-stage exploration tenements and seeks to define economic mineral resources. Long-term growth drivers include successful resource discovery and development, commodity price trends, and access to capital; investors may find exposure to exploration upside and leverage to commodity cycles attractive.

Material risks include the high probability of unsuccessful exploration results, ongoing need for external funding with potential dilution, commodity price volatility, regulatory and permitting constraints, and limited liquidity for shareholders.

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
0.03
Dividend Yield
-
Revenue TTM
0.12M
Revenue Per Share
0.00
Gross Profit TTM
0.12M
Debt / Equity
-
ROE
-22.95%
Net Debt
-
ROCE
-30.27%
Diluted EPS TTM
-0.01

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Type yearly yearly yearly yearly
Date 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Income before tax -1.37M -1.25M -2.08M -1.22M
Net income -1.37M -1.25M -2.08M -1.22M
Selling general administrative 1.13M 0.84M 0.89M 1.15M
Operating income -1.37M -1.24M -2.14M -1.22M
Interest expense - - 0.01M -
Tax provision 0.00M 0.00M 0.00M 0.00M
Interest income -0.00M -0.00M 0.06M -
Net interest income - - 0.06M -
Total revenue 0.09M 0.10M - 0.00M
Total operating expenses 1.46M 1.34M - 1.22M
Net income from continuing ops - - -2.08M -
Net income applicable to common shares -1.37M -1.25M - -1.22M
Breakdown 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Type yearly yearly yearly yearly
Date 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Total assets 4.59M 5.59M 4.99M 6.65M
Total liab 0.08M 0.14M 0.18M 0.03M
Total stockholder equity 4.52M 5.44M 4.81M 6.62M
Common stock 8.96M 8.39M 6.65M -
Capital stock - - - 6.65M
Retained earnings -4.45M -2.95M -1.84M -1.22M
Cash - - - 5.35M
Cash and equivalents 2.60M 3.38M 3.73M -
Total current liabilities 0.08M 0.14M 0.18M 0.03M
Short term debt 0.00M 0.00M 0.00M -
Property plant equipment 1.93M 2.12M 1.23M -
Total current assets 2.66M 3.47M 3.76M 5.42M
Non current assets total - - - 1.23M
Long term debt total 0.00M 0.00M 0.00M -
Breakdown 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Type yearly yearly yearly yearly
Date 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Total cashflows from investing activities 0.00M -0.16M 0.00M -
Total cash from financing activities 0.35M 1.18M -0.01M 5.75M
Net income - - - -1.22M
Change in cash -0.78M -0.36M -1.62M 5.35M
Begin period cash flow - - - 0.00M
End period cash flow - - - 5.35M
Total cash from operating activities -1.12M -1.32M -1.58M -
Issuance of capital stock - - - 6.30M
Sale purchase of stock 0.35M 1.25M 0.00M -0.56M
Other cashflows from financing activities 0.00M -0.07M -0.01M -
Capital expenditures 0.00M 0.16M 0.00M 0.23M
Change in working capital -0.27M -0.37M -0.88M -
Free cash flow - - - -0.40M

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 EBITDA (x)
MEX
Minerals Exploration Limited
0.00
8.82%
0.04 - - 62.65 0.45 3.16
NEM
Newmont Corporation
-4.95
2.80%
171.70 12.09 10.42 6.66 3.15 6.49
NST
Northern Star Resources Ltd
-0.60
2.24%
26.13 22.36 18.80 4.85 2.15 8.33
EVN
Evolution Mining Ltd
-0.59
4.21%
13.41 18.16 13.61 4.88 4.07 7.74
DPM
Dpm Metals Inc.
-2.48
4.45%
53.25 12.00 9.34 9.29 2.70 8.45

Profile*

Minerals Exploration Limited

Minerals Exploration Limited, an exploration company, engages in the exploration and development of uranium, vanadium, lithium, and other mineral properties. It holds 100% interest in the East Canyon project that comprises 231 contiguous claims, which covers an area of approximately 4,620 acres/18.7 square kilometers located in the Dry Valley/East Canyon mining district of south-eastern Utah, the United States; and the Frome Downs and Yankaninna projects in the South Australia. The company was formerly known as Uvre Limited and changed its name to Minerals Exploration Limited in November 2025. The company was incorporated in 2021 and is based in West Perth, Australia.

3 Richardson Street, West Perth, WA, Australia, 6005

61 2 6319 1900

Name Title Year Born
Mr. Harry Miller Company Secretary & CFO NA
Ms. Cherie Leeden Technical Advisor 1982
Mr. Brett Anthony Mitchell B.Ec., MAICD Executive Director 1973
Mr. Steven Douglas Wood B.Com., C.A. Joint Company Secretary NA
Mr. Peter Zitnan CEO of New Zealand & Chief Geologist NA
Mr. Harry Miller Joint Company Secretary NA

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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