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Midas Minerals Ltd

Basic Materials AU MM1

0.96AUD
-0.03(3.03%)

Last update at 2026-06-04T06:10:00Z

Day Range

0.940.99
LowHigh

52 Week Range

0.231.14
LowHigh

Fundamentals

  • Previous Close 0.99
  • Market Cap218.38M
  • Volume337747
  • P/E Ratio-
  • Dividend Yield-%
  • EBITDA-2.74209M
  • Revenue TTM0.02M
  • Revenue Per Share TTM-
  • Gross Profit TTM 0.02M
  • Diluted EPS TTM-0.02

Source: TradingView
The charts and visual representations are sourced from TradingView through embedded widgets. For any issues with chart display, please visit the TradingView website

Analyst Recommendations

Financials

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Income before tax -2.77461M -3.85800M -5.31349M -1.74964M -1.01596M
Minority interest - - - - -
Net income -2.77461M -3.85800M -5.31349M -1.74964M -1.01596M
Selling general administrative - 0.54M 0.53M 1.03M 0.49M
Selling and marketing expenses - 1.23M 1.38M - -
Gross profit -0.07269M -0.02998M -0.03220M - -
Reconciled depreciation - 0.03M 0.03M 0.02M -
Ebit -3.07481M -3.85798M -5.00918M -1.76713M -0.93529M
Ebitda -3.00212M -3.82800M -1.90290M -1.74447M -1.01861M
Depreciation and amortization 0.07M 0.03M 3.11M 0.02M -
Non operating income net other - - - - -
Operating income -3.07481M -1.80000M -1.90290M -1.76713M -1.01861M
Other operating expenses 3.07M 1.80M 1.90M 1.77M 1.02M
Interest expense - 0.02M 0.00086M - 0.00000M
Tax provision - 0.00000M 0.00000M 0.00000M 0.00000M
Interest income - 0.02M 0.04M 0.02M 0.00265M
Net interest income - 0.02M 0.04M 0.02M 0.00265M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense - - -0.00000M -0.01649M -
Total revenue - 0.00000M 0.00000M 0.02M 0.00000M
Total operating expenses 3.00M 1.77M 1.90M 1.77M 1.02M
Cost of revenue 0.07M 0.03M 0.03M - -
Total other income expense net 0.30M -2.05800M -3.41058M 0.00100M 0.00265M
Discontinued operations - - - - -
Net income from continuing ops - -3.85753M -5.31349M -1.74964M -1.01596M
Net income applicable to common shares - -3.85753M -5.31349M -1.74965M -1.01596M
Preferred stock and other adjustments - - - - -
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total assets 20.91M 5.43M 6.38M 7.66M 8.22M
Intangible assets - - - - -
Earning assets - - - - -
Other current assets 0.20M - 0.14M - -
Total liab 0.38M 0.23M 0.26M 0.32M 0.17M
Total stockholder equity 20.54M 5.20M 6.12M 7.34M 8.05M
Deferred long term liab - - - - -
Other current liab 0.27M - 0.17M 0.18M 0.03M
Common stock 35.70M - 15.29M 11.30M 10.88M
Capital stock - 17.91M - 11.30M 10.88M
Retained earnings -16.55155M -13.77693M -10.04815M -4.73466M -2.98502M
Other liab - - - - -
Good will - - - - -
Other assets - - - - -
Cash 8.78M 1.12M 1.15M 2.50M 6.08M
Cash and equivalents - - - - -
Total current liabilities 0.38M 0.23M 0.26M 0.32M 0.17M
Current deferred revenue - - - - -
Net debt -8.78315M - -1.15477M -2.50358M -6.08340M
Short term debt - - - 0.00000M 0.00000M
Short long term debt - - - - -
Short long term debt total - - - - -
Other stockholder equity - - - 0.00000M 0.16M
Property plant equipment - - - 5.03M 1.97M
Total current assets 9.24M 1.21M 1.35M 2.63M 6.25M
Long term investments - - - - -
Net tangible assets - - - - 8.05M
Short term investments - - - - -
Net receivables 0.26M 0.02M 0.05M 0.06M 0.12M
Long term debt - - - - -
Inventory - - - - -
Accounts payable 0.10M 0.09M 0.09M 0.14M 0.14M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income 1.38M - 0.88M 0.77M 0.16M
Additional paid in capital - - - - -
Common stock total equity - - - - -
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 11.36M - 4.91M - -
Deferred long term asset charges - - - - -
Non current assets total 11.67M 4.22M 5.03M 5.03M 1.97M
Capital lease obligations - - - - -
Long term debt total - - - 0.00000M 0.00000M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Investments - -1.27148M -2.55168M -2.70000M -1.73805M
Change to liabilities - - - 0.00000M -0.11825M
Total cashflows from investing activities -7.81712M -1.27148M -2.55168M -2.70000M -1.73805M
Net borrowings - - - - -
Total cash from financing activities 17.21M 2.48M 2.45M -0.06900M 5.54M
Change to operating activities - - - - -0.05134M
Net income -2.77461M -3.85753M -5.31349M -1.74964M -1.01596M
Change in cash 7.73M -0.10018M -1.34881M -3.57982M 2.66M
Begin period cash flow 1.05M 1.15M 2.50M 6.08M 3.42M
End period cash flow 8.78M 1.05M 1.15M 2.50M 6.08M
Total cash from operating activities -1.68403M -1.31204M -1.24596M -0.81082M -1.14499M
Issuance of capital stock - 2.59M 2.58M - 6.00M
Depreciation 0.07M - 0.03M 0.23M 0.16M
Other cashflows from investing activities - -1.19283M -2.01213M - 0.00000M
Dividends paid - - - - -
Change to inventory - - - - -
Change to account receivables -0.30891M 0.04M 0.00170M - -0.42415M
Sale purchase of stock - -0.10432M -0.13116M -0.06900M -0.45541M
Other cashflows from financing activities - -0.10432M -2.55168M -2.70000M -1.73805M
Change to netincome - - - 0.51M 0.30M
Capital expenditures 0.26M 1.27M 2.55M 2.70M 1.74M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital -0.15840M -0.06653M -0.12564M -0.07603M 0.00265M
Stock based compensation - - 0.00085M - -
Other non cash items 1.18M -1.24550M 4.35M - -
Free cash flow -1.94685M -2.58352M -3.79764M -2.70000M -1.73805M

Peer Comparison

Sector: Basic Materials Industry: Other Precious Metals & Mining

Company Change (AUD) Price (AUD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to EBITDA (x)
MM1
Midas Minerals Ltd		 -0.03 3.03% 0.96 - - 2869.27 11.10 -7.9999
MI6
Minerals 260 Ltd		 - -% 0.85 - - - 9.29 -0.6336
BRE
Brazilian Rare EARTHS Ltd		 -0.32 5.49% 5.51 - - 104354.30 11.06
ZIM
Zimplats Holdings Ltd		 -0.47 2.85% 16.03 6.88 8.90 1.55 0.63 1.05 2.90
FRS
Forrestania Resources Ltd		 0.01 2.83% 0.55 - - 174.24 13.22 -2.6075

Reports Covered

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Profile

Midas Minerals Limited, a junior mineral exploration company, engages in the exploration for mineral resources in Western Australia, Namibia, and Canada. It explores for copper, silver, gold, lithium, nickel, and base metals, as well as platinum group elements. The company was formerly known as Cowan Lithium Limited and changed its name to Midas Minerals Limited in March 2021. Midas Minerals Limited was incorporated in 2018 and is based in West Perth, Australia.

Midas Minerals Ltd

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

Key Executives

Name Title Year Born
Mr. Mark Andrew Calderwood MAusIMM MD & Director 1967
Mr. Carl Travaglini C.A., C.S. Chief Financial Officer NA
Ms. Maddison Cramer Company Sec. NA
Mr. Carl Domenic Travaglini C.A., C.S. Chief Financial Officer NA
Ms. Maddison Cramer Company Secretary NA
Mr. Carl Domenic Travaglini C.A., C.S. Chief Financial Officer NA
Ms. Maddison Cramer Company Secretary NA
Mr. Carl Domenic Travaglini C.A., C.S. Chief Financial Officer NA
Ms. Maddison Cramer Company Secretary NA
Mr. Carl Domenic Travaglini C.A., C.S. Chief Financial Officer NA

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