Midas Minerals Share Price and Company Fundamentals



Price
$0.21
Change
0.025 (13.514%)
52 week
0.135 - 0.46

Last traded: Today at 5:44 AM

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 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 Sunset project that includes a single prospecting license covering 1.2 square kilometers located to the north-east of Leonora. The company was formerly known as Cowan Lithium Limited. Midas Minerals Limited was incorporated in 2018 is based in West Perth, Australia.

Key Metrics

PE ratio

-

PB ratio

1.66

Dividend yield

0.00%

Beta

-

Market cap

-

Enterprise value

-

Company profile

Primary activitiesExploration and Mining
Industry / SectorOther Precious Metals & Mining / Basic Materials
Websitehttps://www.midasminerals.com
Mailing address24 Outram Street Ground Floor West Perth WA 6005 Australia
Phone / Fax61 8 6383 6595 / 61 8 6383 6595
Share registryCOMPUTERSHARE INVESTOR SERVICES PTY LIMITED

Dividends

More: Midas Minerals Dividend history, yield and payout ratio

Dividend yield

0.00%

Dividend amount

$0.00

Payout ratio

0.00%

Midas Minerals paid $0.00 dividend and the ex-dividend date was .The dividend payout ratio is 0.00%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.MM1 dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

MM1's forward dividend amount is $ and the forward dividend yield is . A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Aug 2022, following are the company executives and directors listed on Midas Minerals.

NameTitleAgeTotal Pay
Mr. Mark Andrew Calderwood MAusIMMMD & Director54231.07k
Ms. Jessamyn Sarah Lyons AGIA, B.Com.Company Sec.

Profitability and management effectiveness

Profit margin

0.00%

Operating margin

0.00%

Return on assets

-9.98%

Return on equity

-18.32%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Midas Minerals is and its enterprise value is .

Companies similar to Midas Minerals (MM1)

Midas Minerals (ASX:MM1) Frequently Asked Questions

1. What is Midas Minerals's Stock Symbol?

Midas Minerals trades on ASX under the ticker symbol "MM1".

2. What is Midas Minerals's stock price today?

One share of MM1 stock can currently be purchased for approximately $0.21.

3. How can I contact Midas Minerals?

Midas Minerals's mailing address is 24 Outram Street Ground Floor West Perth WA 6005 Australia. The company can be reached via phone at 61 8 6383 6595.

4. What is Midas Minerals's official website?

The official website of Midas Minerals is https://www.midasminerals.com.

5. Which share registry manages Midas Minerals's stock?

Midas Minerals's stock is managed by COMPUTERSHARE INVESTOR SERVICES PTY LIMITED.