Midas Minerals Limited

Midas Minerals Limitedverified

MM1.AX

Price:

$0.157

Market Cap:

$19.49M

Midas Minerals Limited engages in exploration and evaluation of mineral resources. The company primarily explores for gold and base metals in the Eastern Goldfields of Western Australia. Its projects include the Weebo gold project covering 198 square kilometers and 2 exploration licenses located near Leinster, Western Australia; the Challa project, which consists of 2 exploration licenses and 3 license applications covering 859 square kilometers located to the east of Mt Magnet in Western Australia; and the Midas' Newington project that includes 2 exploration licenses covering 94.3 square kilometers located to southern cross greenstone belt; and the Greenbush lithium project covering 102 kil...[Read more]

Industry

Other Precious Metals

IPO Date

2021-09-07

Stock Exchange

ASX

Ticker

MM1.AX

The PE Ratio as of May 2025 (TTM) for Midas Minerals Limited (MM1.AX) is -3.92

According to Midas Minerals Limited’s latest financial reports and current stock price. The company's current PE Ratio is -3.92. This represents a change of -99.61% compared to the average of -1010.57 of the last 4 quarters.

Midas Minerals Limited (MM1.AX) Historical PE Ratio (quarterly & annually)

How has MM1.AX PE Ratio performed in the past?

The mean historical PE Ratio of Midas Minerals Limited over the last ten years is -1.73. The current -3.92 PE Ratio has changed 22.58% with respect to the historical average. Over the past ten years (40 quarters), MM1.AX's PE Ratio was at its highest in in the September 2020 quarter at 3.57K. The PE Ratio was at its lowest in in the March 2020 quarter at -26403.06.

Quarterly (TTM)
Annual

Average

-1.73

Median

-3.15

Minimum

-8.50

Maximum

18.11

Midas Minerals Limited (MM1.AX) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Midas Minerals Limited PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 125.29%

Maximum Annual PE Ratio = 18.11

Minimum Annual Increase = -355.51%

Minimum Annual PE Ratio = -8.50

Quarterly (TTM)
Annual
YearPE RatioChange
2024-1.98-2.50%
2023-2.03-72.79%
2022-7.46-12.22%
2021-8.50-146.95%
202018.11-355.51%
2019-7.09125.29%

Midas Minerals Limited (MM1.AX) Average PE Ratio

How has MM1.AX PE Ratio performed in the past?

The current PE Ratio of Midas Minerals Limited (MM1.AX) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

-3.82

5-year avg

-0.37

10-year avg

-1.73

Midas Minerals Limited (MM1.AX) PE Ratio vs. Peers

How is MM1.AX’s PE Ratio compared to its peers?

Midas Minerals Limited’s PE Ratio is less than Tambourah Metals Limited (-1.12), greater than Australasian Metals Limited (-6029.73), greater than MinRex Resources Limited (-4.77), less than Riversgold Limited (-1.77), greater than QX Resources Limited (-4.73),

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