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MEI · ASX

Meteoric Resources NL (ASX:MEI)

AU$0.14

 -0.0025 (-1.724%)
ASX:Live
15/07/2024 01:19:20 PM
Recent Earnings downgrade HALO Small HALO Ords HALO Consensus Value GROWTH AUS +2
Consensus Score
/10
Recommend
Target Price
Deviation
Unlock Full Consensus Insights

MEI Overview

MEI Health Scores

Short Term

Mean Revision

Neutral

Trend

Neutral

Event

Neutral

Halo Model

MQV

Very Strong

GARP

Very Strong

MQV Small

Very Strong

Valuation

Value

Consensus

Momentum

Price

Very Strong

Earnings

Very Strong

Growth

Earnings

Neutral

Dividends

Very Strong

Quality

Capital Efficiency

Very Strong

Balance Sheet

Weak

About MEI

Telephone

Address

Description

Meteoric Resources NL engages in the exploration of mineral properties. It operates through the following geographical segments: Brazil, Canada, Australia, and Other. The company was founded on February 13, 2004 and is headquartered in West Perth, Australia.

MEI Price Chart

Key Stats

Market Cap

AU$268.67M

PE

769.20

EV/EBITDA

0.0

Dividends Overview

DIV Yield

.0%

Franking

%

Ex Dividend Date (est.)

N/A

Market Data

52 weeks range

Low 0.12 - 0.31

Trade Value (12mth)

AU$304,904.00

1 week

11.54%

1 month

-14.71%

YTD

-43.14%

1 year

-45.28%

All time high

0.36

Key Fundamentals

EPS 3 yr Growth

255.900%

EBITDA Margin

N/A

Operating Cashflow

-$16m

Free Cash Flow Return

-170.20%

ROIC

-391.00%

Interest Coverage

N/A

Quick Ratio

38.70

Other Data

Shares on Issue (Fully Dilluted)

1964m

HALO Sector

Next Company Report Date

27-Sep-24

Ex Dividend Date (est.)

N/A

Next Dividend Pay Date (est.)

N/A

Reporting Currency

AUD

Short Sell (% of issue)

1.99

MEI Announcements

Latest Announcements

Date Announcements

08 July 24

Caldeira's Scoping Study Confirms Exceptional Financials

×

Caldeira's Scoping Study Confirms Exceptional Financials

28 June 24

Notification regarding unquoted securities - MEI

×

Notification regarding unquoted securities - MEI

25 June 24

MoU Signed With Latin America's First Permanent Magnet Maker

×

MoU Signed With Latin America's First Permanent Magnet Maker

14 June 24

Change of Director's Interest Notice

×

Change of Director's Interest Notice

13 June 24

Capao do Mel Resource Update Doubles Caldeira M&I Resources

×

Capao do Mel Resource Update Doubles Caldeira M&I Resources

05 June 24

Initial Director's Interest Notice

×

Initial Director's Interest Notice

31 May 24

Proposed issue of securities - MEI

×

Proposed issue of securities - MEI

31 May 24

Meteoric Appoints Dr. Nomi Prins to the Board

×

Meteoric Appoints Dr. Nomi Prins to the Board

23 May 24

Environmental Permitting Update for Caldeira REE Project

×

Environmental Permitting Update for Caldeira REE Project

14 May 24

150% Increase in Soberbo Mining Licence Mineral Resource

×

150% Increase in Soberbo Mining Licence Mineral Resource

03 May 24

Change of Auditor

×

Change of Auditor

02 May 24

Caldeira Project Offtake MoU with Neo Performance Materials

×

Caldeira Project Offtake MoU with Neo Performance Materials

30 April 24

Quarterly Activities/Appendix 5B Cash Flow Report

×

Quarterly Activities/Appendix 5B Cash Flow Report

19 April 24

Change in substantial holding

×

Change in substantial holding

02 April 24

Notification regarding unquoted securities - MEI

×

Notification regarding unquoted securities - MEI

02 April 24

Notification regarding unquoted securities - MEI

×

Notification regarding unquoted securities - MEI

02 April 24

Change in Directors' Interest Notices

×

Change in Directors' Interest Notices

27 March 24

Results of Meeting

×

Results of Meeting

25 March 24

Proposed issue of securities - MEI

×

Proposed issue of securities - MEI

25 March 24

Appointment of Chief Financial Officer

×

Appointment of Chief Financial Officer

21 March 24

Senior Debt Process Initiated for Caldeira REE Project

×

Senior Debt Process Initiated for Caldeira REE Project

14 March 24

Half Yearly Report and Accounts

×

Half Yearly Report and Accounts

01 March 24

S&P DJI Announces March 2024 Quarterly Rebalance

×

S&P DJI Announces March 2024 Quarterly Rebalance

29 February 24

First Mixed Rare Earth Carbonate (MREC) Produced at Caldeira

×

First Mixed Rare Earth Carbonate (MREC) Produced at Caldeira

26 February 24

Notice of General Meeting/Proxy Form

×

Notice of General Meeting/Proxy Form

MEI Fundamentals

Per Share Records

Historical data

Forecasted data

AUD 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Per Share, Growth & Valuations
EPS (Basic) $ Lock Lock Lock Lock -0.01 -0.00 -0.02 Lock Lock Lock
EPS (Fully Diluted) $ Lock Lock Lock Lock -0.01 -0.00 -0.02 Lock Lock Lock
     Growth % Lock Lock Lock Lock -4.4 46.5 -536.8 Lock Lock Lock
     PE X Lock Lock Lock Lock N/A N/A 769.2 Lock Lock Lock
     EV/EBITDA X Lock Lock Lock Lock N/A N/A 0.0 Lock Lock Lock
CFPS $ Lock Lock Lock Lock -0.01 -0.00 -0.01 Lock Lock Lock
FCFPS $ Lock Lock Lock Lock -0.01 -0.00 -0.01 Lock Lock Lock
     Growth % Lock Lock Lock Lock -6.8 41.4 -96.9 Lock Lock Lock
     Yield % Lock Lock Lock Lock -11.2 -31.5 -4.8 Lock Lock Lock
DPS $ Lock Lock Lock Lock 0.00 0.00 0.00 Lock Lock Lock
     Growth % Lock Lock Lock Lock N/A N/A N/A Lock Lock Lock
     Yield % Lock Lock Lock Lock N/A N/A 0.0 Lock Lock Lock
     Payout Ratio % Lock Lock Lock Lock 0 0 0 Lock Lock Lock
BPS $ Lock Lock Lock Lock 0.00 0.00 0.01 Lock Lock Lock
BPS (Tangible) $ Lock Lock Lock Lock 0.00 0.00 0.01 Lock Lock Lock
     Growth % Lock Lock Lock Lock -33.3 -68.6 652.4 Lock Lock Lock
Shares Outstanding
Diluted m Lock Lock Lock Lock 1,277 1,450 1,687 Lock Lock Lock
Basic m Lock Lock Lock Lock 1,277 1,450 1,687 Lock Lock Lock

Financial Records

Historical data

Forecasted data

AUD 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Income Statement
Sales $m Lock Lock Lock Lock 0 0 0 Lock Lock Lock
     Growth % Lock Lock Lock Lock N/A N/A N/A Lock Lock Lock
Selling & General Expenses $m Lock Lock Lock Lock 10 6 38 Lock Lock Lock
Gross Income $m Lock Lock Lock Lock 0 0 0 Lock Lock Lock
     Growth % Lock Lock Lock Lock -151.2 -88.1 42.8 Lock Lock Lock
     Margin % Lock Lock Lock Lock N/A N/A N/A Lock Lock Lock
Cost of Goods Sold to Sales % Lock Lock Lock Lock N/A N/A 0 Lock Lock Lock
EBITDA $m Lock Lock Lock Lock -10 -6 -38 Lock Lock Lock
     Growth % Lock Lock Lock Lock -43.7 46.6 -584.3 Lock Lock Lock
     Margin % Lock Lock Lock Lock N/A N/A N/A Lock Lock Lock
Depreciation & Amortisation $m Lock Lock Lock Lock 0 0 0 Lock Lock Lock
EBIT $m Lock Lock Lock Lock -10 -6 -38 Lock Lock Lock
     Growth % Lock Lock Lock Lock -43.9 46.4 -580.4 Lock Lock Lock
     Margin % Lock Lock Lock Lock N/A N/A N/A Lock Lock Lock
Pretax Income $m Lock Lock Lock Lock -9 -6 -38 Lock Lock Lock
Income Taxes $m Lock Lock Lock Lock 0 0 0 Lock Lock Lock
Net Income $m Lock Lock Lock Lock -9 -6 -41 Lock Lock Lock
     Growth % Lock Lock Lock Lock -26.6 38.6 -634.7 Lock Lock Lock
     Margin % Lock Lock Lock Lock N/A N/A N/A Lock Lock Lock
Cash Flow Statement
Net Operating Cash Flow $m Lock Lock Lock Lock -7 -5 -16 Lock Lock Lock
Capital Expenditures $m Lock Lock Lock Lock 0 0 0 Lock Lock Lock
Net Investing Cash Flow $m Lock Lock Lock Lock 0 0 4 Lock Lock Lock
Net Financing Cash Flow $m Lock Lock Lock Lock 4 3 28 Lock Lock Lock
Free Cash Flow $m Lock Lock Lock Lock -7 -5 -16 Lock Lock Lock
     Growth % Lock Lock Lock Lock -26.4 31.1 -227.5 Lock Lock Lock
     Margin % Lock Lock Lock Lock N/A N/A N/A Lock Lock Lock
Franking Balance $m Lock Lock Lock Lock N/A N/A 0 Lock Lock Lock
Balance Sheet
Cash & Short-Term Investments $m Lock Lock Lock Lock 4 2 17 Lock Lock Lock
Total Assets $m Lock Lock Lock Lock 5 2 18 Lock Lock Lock
Long Term Debt $m Lock Lock Lock Lock 0 0 2 Lock Lock Lock
Net Debt $m Lock Lock Lock Lock -4 -2 -16 Lock Lock Lock
Total Liabilities $m Lock Lock Lock Lock 1 0 2 Lock Lock Lock
Equity $m Lock Lock Lock Lock 5 2 16 Lock Lock Lock
Invested Capital Lock Lock Lock Lock 5 2 18 Lock Lock Lock
     Growth % Lock Lock Lock Lock -28.8 -63.6 940.1 Lock Lock Lock
Return Ratios
Return on Assets % Lock Lock Lock Lock -174.4 -261.9 -225.6 Lock Lock Lock
Return on Equity % Lock Lock Lock Lock -194.2 -327.7 -257.0 Lock Lock Lock
Return on Total Capital % Lock Lock Lock Lock -185.1 -174.8 -390.8 Lock Lock Lock
Return on Invested Capital % Lock Lock Lock Lock -161.6 -174.9 -391.0 Lock Lock Lock
Cash Flow Return on Invested Capital % Lock Lock Lock Lock -128.9 -158.1 -170.2 Lock Lock Lock

Ratios Records

Historical data

Forecasted data

AUD 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Leverage
Interest Cover X Lock Lock Lock Lock N/A N/A N/A Lock Lock Lock
Debt to EBITDA X Lock Lock Lock Lock 0.4 0.3 0.4 Lock Lock Lock
Net Debt to Equity % Lock Lock Lock Lock -85.2 -91.7 -97.8 Lock Lock Lock
Liquidity
Current Ratio X Lock Lock Lock Lock 8.0 4.0 38.7 Lock Lock Lock
Quick Ratio X Lock Lock Lock Lock 8.0 4.0 38.7 Lock Lock Lock
Cash & ST Inv/Current Assets % Lock Lock Lock Lock 94.1 92.3 97.2 Lock Lock Lock
CFO/Current Liabilities % Lock Lock Lock Lock -1,367.2 -1,179.4 -3,580.8 Lock Lock Lock
Balance Sheet Efficiency
Receivables Turnover X Lock Lock Lock Lock 0.0 0.0 0.0 Lock Lock Lock
Inventory Turnover X Lock Lock Lock Lock N/A N/A 0.0 Lock Lock Lock
Working Capital Turnover X Lock Lock Lock Lock 0.0 0.0 0.0 Lock Lock Lock
Payables Turnover X Lock Lock Lock Lock N/A N/A 0.0 Lock Lock Lock
Asset Turnover X Lock Lock Lock Lock 0.0 0.0 0.0 Lock Lock Lock
Du Pont
Asset Turnover X Lock Lock Lock Lock 0.0 0.0 0.0 Lock Lock Lock
x Pretax Margin % Lock Lock Lock Lock N/A N/A 0.0 Lock Lock Lock
= Pretax Return on Assets % Lock Lock Lock Lock N/A N/A 0.0 Lock Lock Lock
x Tax Rate Complement (1-Tax Rate) % Lock Lock Lock Lock N/A N/A 0.0 Lock Lock Lock
Return on Assets % Lock Lock Lock Lock -174.4 -261.9 -225.6 Lock Lock Lock
x Equity Multiplier (Assets/Equity) % Lock Lock Lock Lock 1.1 1.3 1.1 Lock Lock Lock
Return on Equity % Lock Lock Lock Lock -194.2 -327.7 -257.0 Lock Lock Lock
x Earnings Retention (1-Payout) % Lock Lock Lock Lock 100.0 100.0 100.0 Lock Lock Lock
= Reinvestment Rate (%) % Lock Lock Lock Lock -194.2 -327.7 -257.0 Lock Lock Lock
Operating Cycle
Days of Inventory on Hand Days Lock Lock Lock Lock N/A N/A 0.0 Lock Lock Lock
+ Days of Sales Outstanding Days Lock Lock Lock Lock N/A N/A 0.0 Lock Lock Lock
Operating Cycle Days Lock Lock Lock Lock N/A N/A 0.0 Lock Lock Lock
- Days of Payables Outstanding Days Lock Lock Lock Lock 7,256.5 4,925.8 8,022.0 Lock Lock Lock
Net Operating Cycle Days Lock Lock Lock Lock -7,256.5 -4,925.8 -8,022.0 Lock Lock Lock

Dividends

Key Stats

Ex Dividend Date (est.)

N/A

DIV Yield

N/A

Franking Level

%

DPSg

N/A

Quality Yield

Lock

Falling Divs over next 2

Lock

Values and Recommendations

Key Stats

Consensus Score

Lock

Recommendation

Lock

EPS 1 month Change

Lock

Quality Yield

Lock

Falling Divs over next 2

Lock

Halo Consensus Score

Lock Chart

PEG Ratio

Lock Chart

Consensus EPS Revisions

Lock Chart

Short selling

Key Stats

Percent of Issue

1.99%

Value ($M)

6

Prior Change

0.10%

7 Day Change

0.10%

1 Month Change

0.20%

3 Month Change

0.60%

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MEI Shortsell

Frequently Asked Questions

The current share price of Meteoric Resources NL (MEI:ASX) is AU$0.14.
The 52-week high share price for Meteoric Resources NL (MEI:ASX) is AU$0.31.
The 52-week low share price for Meteoric Resources NL (MEI:ASX)? is AU$0.12.
The current TTM dividend payout for Meteoric Resources NL (MEI:ASX) is 0.00.
Meteoric Resources NL (MEI:ASX) does not pay a dividend.
Meteoric Resources NL (MEI:ASX) does not offer franking credits.
Meteoric Resources NL (MEI:ASX) is classified in the Mining.
The current P/E ratio for Meteoric Resources NL (MEI:ASX) is 769.20.