Midas Minerals Ltd

Midas Minerals Ltd

MM1 · AU · Basic Materials / Other Precious Metals & Mining

0.87AUD-0.02 (-2.25%)

Price History

Full chart

Market Stats

Previous Close0.89
Open0.90
Day Range0.86 – 0.90
52-Week Range0.35 – 1.41
Volume74.66K
Market Cap278.35M
P/E (TTM)0.00
Forward P/E0.00
EPS-0.03
Dividend Yield0.00%
Beta0.17
50-Day Avg1.17
200-Day Avg0.9178

About

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.

Company Details

  • SectorBasic Materials
  • IndustryOther Precious Metals & Mining
  • CEOMr. Mark Andrew Calderwood MAusIMM
  • Employees0
  • Headquarters8 Richardson Street, West Perth, WA, Australia, 6005, Australia
  • Websitehttps://www.midasminerals.com

Leadership

  • Mr. Mark Andrew Calderwood MAusIMMMD & Director · b. 1967
  • Mr. Carl Domenic Travaglini C.A., C.S.Chief Financial Officer
  • Ms. Maddison Cramer B.A., L.L.B.Joint Company Secretary
  • Mr. Ryan SebbesJoint Company Secretary

Financials

Income Statement

Currency: AUD2018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue00909.75K016.49K000
Growth (%)----100.00%--100.00%--
Cost of Revenue----22.67K32.20K29.98K72.69K
Gross Profit--909.75K--22.67K-32.20K-29.98K-72.69K
Gross Margin--100.00%--137.45%---
Operating Expense--252.42K-1.54M1.87M1.77M3.00M
Operating Income-1.27M-1.72M657.33K-1.02M-1.56M-1.90M-1.80M-3.07M
Operating Margin--72.25%--9448.15%---
EBITDA-463.00K-289.00K1.19M-1.02M-1.73M-1.90M-3.83M-3.00M
EBITDA Margin--131.23%--10473.01%---
Net Income-1.23M-1.72M671.28K-1.02M-1.75M-5.31M-3.86M-2.77M
Net Income Margin--73.79%--10612.49%---
Interest Expense7054000-86015.57K-
Interest Expense % of Total Revenue--0.00%-----

Balance Sheet

Currency: AUD2018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets3.53M2.26M8.70M8.22M7.66M6.38M5.43M20.91M
Total Liabilities117.97K73.30K21.90K165.36K320.57K261.23K225.74K376.25K
Total Equity3.41M2.19M8.67M8.05M7.34M6.12M5.20M20.54M
Cash205.41K220.40K8.34M6.08M2.50M1.15M1.12M8.78M
Net Debt-205.41K-220.40K-8.34M-6.08M-2.50M-1.15M-1.12M-8.78M

Cash Flow

Currency: AUD2018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-558.17-206.60K-164.41K-1.14M-810.82K-1.25M-1.31M-1.68M
Investing Cash Flow-122.86-260.85K3.23M-1.74M-2.70M-2.55M-1.27M-7.82M
Financing Cash Flow954.91482.44K135.17K5.54M-69.00K2.45M2.48M17.21M
Capital Expenditure122.86443.12K269.31K1.74M2.70M2.55M1.27M262.82K
Free Cash Flow-681.03-649.73K-433.71K-2.88M-3.51M-3.80M-2.58M-1.95M
FCF to OCF122.01%314.48%263.80%251.80%433.00%304.80%196.91%115.61%

Earnings

Report DateSep 3, 2021Mar 30, 2022Sep 13, 2022Mar 31, 2023Mar 28, 2025Sep 9, 2025
EPS Estimate0.000.00--0.000.00
EPS Actual-0.01-0.01-0.01-0.02-0.01-0.01
Surprise------
Timing--After-hoursAfter-hours--

Key Statistics & Ratios

Market Cap278.35M
Enterprise Value287.29M
Trailing P/E0.00
Forward P/E0.00
Price / Sales2869.27
Price / Book7.02
EPS-0.03
Book Value0.101
Revenue (TTM)24.40K
Gross Profit (TTM)24.40K
EBITDA-4.44M
Profit Margin0.00%
Operating Margin0.00%
Return on Equity-19.50%
Return on Assets-12.85%
Shares Outstanding246.33M
Shares Float176.80M
Beta0.17
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%