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Midas Minerals Ltd (ASX: MM1) - Share Price and Research

- Current share price for MM1 : $0.070

Midas Minerals Ltd (MM1), an ASX-listed company, is an Australian mineral exploration company with a focus on the discovery of gold platinum group elements (PGE), nickel, copper and other base metal mineral assets in the Eastern Goldfields and Murchison regions of Western Australia.

MM1 General Information +

ASX Code MM1
Website http://www.midasminerals.com
Industry/Sector Diversified Metals & Mining
Market Cap ($M) 7
MM1 Share Price $0.070
Day High $0.070
Day Low $0.070
Last Close $0.070
MM1 Share Price Movement - ( No change )
Prices as at 15:25, 3 May 2024
+Security prices are delayed by at least 20 minutes and are indicative only.
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MM1 Related Research

Midas Minerals Ltd (MM1) Upcoming Dividends & Yields

There are no dividends for Midas Minerals Ltd (MM1). Please use our Upcoming Dividends tool to search for dividends across all ASX-listed securities.

Midas Minerals Ltd (MM1) Recent ASX Announcements

Headline Annoucement date/time+ Price at announcement+ Current price+ Price 7D Avg Gain/Loss
Addendum to Notice of AGM/Updated Proxy Form 3 May 2024 3:08PM $0.070 $0.070 $0.080 fallen by 0%
Issue of Shares and Cleansing Notice 1 May 2024 9:16AM $0.073 $0.070 $0.080 fallen by 4.11%
Application for quotation of securities - MM1 1 May 2024 9:14AM $0.073 $0.070 $0.080 fallen by 4.11%
  • + Company announcements and prices are delayed by at least 20 minutes. Prices are indicative only.

See all ASX announcements from Midas Minerals Ltd (MM1) or use our ASX Announcements tool to search for announcements across all ASX-listed securities.

MM1 Financial Summary

Year to Dec NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2023A -$5.31 -$6.90 157.50% 0.00 0.00 0.00% 0.0%
2022A -$1.75 -$2.70 9.80% 0.00 0.00 0.00% 0.0%
2021A -$1.02 -$2.40 0.00% 0.00 0.00 0.00% 0.0%

MM1 Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2021 A 2022 A 2023 A 2021 A 2022 A 2023 A 2021 A 2022 A 2023 A
BHP Group (BHP) $214,627M -0.3385 0.1396 -0.0488 10.4708 9.1884 9.6601 6.06% 5.17% 4.60%
Mineral Resources (MIN) $14,140M 0.4175 -0.2762 1.0405 26.4023 36.4776 17.8764 2.63% 1.41% 3.01%
Midas Minerals (MM1) $6M 1.5746 0.0000 0.0000 0.0000 0.0000 0.0000 0.00% 0.00% 0.00%
Rio Tinto (RIO) $48,006M -0.1084 -0.0795 -0.0955 13.1241 14.2569 15.7630 4.92% 4.18% 3.85%
South32 (S32) $15,852M -0.6117 -0.6358 0.5250 11.0063 30.2245 19.8188 3.52% 1.27% 1.88%

MM1 Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.00 0.00 0.99 0.00
Market 0.46 15.00 1.10 1.03
Sector 1.57 14.60 1.01 0.32

MM1 Directors

Name Position Start Date
Mr Mark Andrew Calderwood Managing Director 1 Jul 2022
Ms Sara Clare Kelly Non-Executive Chairman, Non-Executive Director 21 Jun 2021
Mr Michael Dylan Naylor Non-Executive Director 23 Mar 2018
Mr Michael(Mick) Hood Wilson Non-Executive Director 21 Jun 2021

Midas Minerals Ltd (MM1) Changes in Directors' Interest & Trades

Date of change Director Buy/Sell Security Type Qty Trade Price Value
4 Aug 2023 NAYLOR, Michael Issued Indirect Shares 235,294 $0.170 $39,999.980
4 Aug 2023 KELLY, Sara Issued Indirect Shares 147,059 $0.170 $25,000.030
4 Aug 2023 WILSON, Michael(Mick) Issued Indirect Shares 147,059 $0.170 $25,000.030

See all changes in directors' interest & trades for Midas Minerals Ltd (MM1) or use our Changes in directors' interest tool to search for changes & trades across all ASX-listed securities.

MM1 Management

Name Position
Carl Travaglini Chief Financial Officer
Maddison Cramer Company Secretary

MM1 Substantial Shareholders

Under ASX rules large investors and investment funds must disclose when they own more than a 5% stake in Midas Minerals Ltd (MM1). However, you won't necessarily see their names in the company’s annual report, as many trade under nominee names. These shareholders are obliged to provide ongoing substantial notices relating to any change of 1% or more.

Holding Name
5,853,501 (6.74%) Mark Calderwood
5,158,334 (5.94%) Fiona Marisa Paterson

MM1 Calendar of Events

Date Event
21 May 2024 AGM

FAQs about Midas Minerals Ltd (MM1)

Midas Minerals Ltd's (MM1) current share price is $0.07. This constitutes a price movement of 12.50% when compared to the share price 7 days ago and is -83.72% below MM1's 12-month high of $0.43 per share. Prices are delayed by at least 20 minutes.

Relative to the previous close share price of $0.07, Midas Minerals Ltd's (MM1) current share price of $0.07 constitutes a movement of or 0%. Midas Minerals Ltd's (MM1) share price movement is -12.50% when compared to 7 days ago and is -83.72% below MM1's 52-week high of $0.43.

Midas Minerals Ltd's (MM1) 52-week high is $0.43 which was reached on 4 Aug 2023. Relative to this, MM1's current share price of $0.07 constitutes a -$0.36 or -83.72% drop since that high of $0.43 per MM1 share.

Midas Minerals Ltd's (MM1) 52-week low is $0.06 which was reached on 1 May 2024. Relative to this, MM1's current share price of $0.07 constitutes a $0.01 or 9.38% gain since that low of $0.06 per MM1 share.

Over the last 12 months, Midas Minerals Ltd (MM1) has a daily average trading volume of 132,912 MM1 shares per day.

Midas Minerals Ltd (MM1) has a current dividend yield of n/a this year. Last year's dividend yield was 0%. The dividend yield for MM1 is a ratio that tells you the percentage of Midas Minerals Ltd's (MM1) share price that it pays out in dividends each year.

Midas Minerals Ltd (MM1) will release its next Annual Report on n/a. Midas Minerals Ltd's (MM1) last annual report was released on 25 Mar 2024. Click here to view Midas Minerals Ltd's (MM1) last annual report.

Midas Minerals Ltd (MM1) is classified as Materials. Other companies in this sector include BHP Group Limited (BHP), Fortescue Ltd (FMG), Newmont Corporation (NEM), and Rio Tinto Limited (RIO).

The price-to-earnings (P/E) ratio for Midas Minerals Ltd (MM1) is 0. The price-to-earnings ratio, also known as P/E ratio, P/E, or PER, is the ratio of Midas Minerals Ltd's (MM1) share price to its earnings per MM1 share.

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