Megado Minerals Limited

Megado Minerals Limitedverified

MEG.AX

Price:

$0.031

Market Cap:

$20.02M

Megado Minerals Limited operates as a mineral exploration company in North America. It explores for rare earth elements and lithium. The company holds 100% interest in North Fork Rare Earth Project comprising 499 mining lode claims covering approximately 42 square kilometers in the Salmon-Challis National Forest in Lemhi County, Idaho. It also holds interests in the Cyclone lithium project comprising 304 claims covering 130 square kilometers located near the James Bay region in Quebec, Canada. The company was formerly known as Megado Gold Limited and changed its name to Megado Minerals Limited in July 2022. Megado Minerals Limited was incorporated in 2019 and is based in Perth, Australia.

Industry

Industrial Materials

IPO Date

2020-10-26

Stock Exchange

ASX

Ticker

MEG.AX

The ROE as of December 2025 (TTM) for Megado Minerals Limited (MEG.AX) is -48.85%

According to Megado Minerals Limited’s latest financial reports and current stock price. The company's current ROE is -48.85%. This represents a change of 197.75% compared to the average of -16.41% of the last 4 quarters.

Megado Minerals Limited (MEG.AX) Historical ROE (quarterly & annually)

How has MEG.AX ROE performed in the past?

The mean historical ROE of Megado Minerals Limited over the last ten years is -264.28%. The current -48.85% ROE has changed -81.52% with respect to the historical average. Over the past ten years (40 quarters), MEG.AX's ROE was at its highest in in the June 2019 quarter at 0%. The ROE was at its lowest in in the December 2019 quarter at -1109.19%.

Quarterly (TTM)
Annual

Average

-264.28%

Median

-38.50%

Minimum

-1312.15%

Maximum

-15.09%

Megado Minerals Limited (MEG.AX) ROE by Quarter and Year

Discovering the peaks and valleys of Megado Minerals Limited ROE, 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 = 990.88%

Maximum Annual ROE = -15.09%

Minimum Annual Increase = -98.85%

Minimum Annual ROE = -1312.15%

Quarterly (TTM)
Annual
YearROEChange
2024-61.74%304.88%
2023-15.25%-90.82%
2022-166.18%990.88%
2021-15.23%0.93%
2020-15.09%-98.85%

Megado Minerals Limited (MEG.AX) Average ROE

How has MEG.AX ROE performed in the past?

The current ROE of Megado Minerals Limited (MEG.AX) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

-81.06%

5-year avg

-54.70%

10-year avg

-264.28%

Megado Minerals Limited (MEG.AX) ROE vs. Peers

How is MEG.AX’s ROE compared to its peers?

Megado Minerals Limited’s ROE is greater than Genmin Limited (-43.52%), greater than Nimy Resources Limited (-184.86%), greater than DGR Global Limited (-79.11%), greater than Metals Australia Ltd (-4.61%), greater than Vanadium Resources Limited (-4.87%), greater than Macarthur Minerals Limited (-38.01%), greater than Cassius Mining Limited (-274.18%), greater than Power Minerals Limited (-115.38%), greater than Venari Minerals NL (-14.52%), greater than Piche Resources Ltd (-92.22%),

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