MM1.AX
Price:
$0.56
Market Cap:
$85.52M
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
According to Midas Minerals Limited’s latest financial reports and current stock price. The company's current ROE is -30.82%. This represents a change of 25.39% compared to the average of -24.58% of the last 4 quarters.
The mean historical ROE of Midas Minerals Limited over the last ten years is -43.45%. The current -30.82% ROE has changed -29.07% with respect to the historical average. Over the past ten years (40 quarters), MM1.AX's ROE was at its highest in in the December 2020 quarter at 0%. The ROE was at its lowest in in the December 2023 quarter at -64.35%.
Average
-43.45%
Median
-36.20%
Minimum
-86.78%
Maximum
7.74%
Discovering the peaks and valleys of Midas 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 = 263.94%
Maximum Annual ROE = 7.74%
Minimum Annual Increase = -262.99%
Minimum Annual ROE = -86.78%
| Year | ROE | Change |
|---|---|---|
| 2024 | -74.17% | -14.53% |
| 2023 | -86.78% | 263.94% |
| 2022 | -23.84% | 89.03% |
| 2021 | -12.61% | -262.99% |
| 2020 | 7.74% | -109.89% |
| 2019 | -78.29% | 116.24% |
The current ROE of Midas Minerals Limited (MM1.AX) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
-61.60%
5-year avg
-37.93%
10-year avg
-43.45%
Midas Minerals Limited’s ROE is greater than Manuka Resources Limited (-308.79%), greater than Maronan Metals Limited (-21.06%), less than G50 Corp Limited (-0.04%), greater than Austral Gold Limited (-116.22%), greater than Cyclone Metals Limited (-48.96%), greater than Far East Gold Limited (-15.12%), greater than MetalsTech Limited (-20.89%), greater than Lunnon Metals Limited (-36.60%), greater than Cobalt Blue Holdings Limited (-20.07%), greater than Forrestania Resources Limited (-10.51%),
| Company | ROE | Market cap |
|---|---|---|
| -308.79% | $68.77M | |
| -21.06% | $67.75M | |
| -0.04% | $86.95M | |
| -116.22% | $79.95M | |
| -48.96% | $60.83M | |
| -15.12% | $56.89M | |
| -20.89% | $58.87M | |
| -36.60% | $64.15M | |
| -20.07% | $47.01M | |
| -10.51% | $119.65M |
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