METEORIC RESOURCES NL (MEI)
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MEI - METEORIC RESOURCES NL

FNArena Sector : Gold & Silver
Year End: June
GICS Industry Group : Materials
Debt/EBITDA: -0.05
Index: ASX300

LAST PRICE CHANGE +/- CHANGE % VOLUME

$0.245

18 Apr
2024

0.010

OPEN

$0.24

4.26%

HIGH

$0.25

2,498,001

LOW

$0.24

TARGET
$0.48 95.9% upside
OTHER COMPANIES IN THE SAME SECTOR
A1M . ADT . ALK . AMI . BC8 . BEZ . BGL . CAI . CEL . CMM . CNB . CVV . CYL . DEG . EMR . EVN . EVR . FFM . FFM . FND . GMD . GOR . GPR . HGO . IGO . KCN . KGL . MAU . MZZ . NEM . NST . NVA . OBM . ORR . PDI . PNR . PRU . RED . RMS . RRL . RSG . RXL . SBM . SLR . SPR . SSR . STM . STN . SVL . TBR . TIE . TTM . WAF . WGX .
FNARENA'S MARKET CONSENSUS FORECASTS
MEI: 1
Title FY22
Actual		 FY23
Actual		 FY24
Forecast		 FY25
Forecast
EPS (cps) xxx N/A - 0.5 xxx
DPS (cps) xxx N/A 0.0 xxx
EPS Growth xxx N/A N/A xxx
DPS Growth xxx N/A N/A xxx
PE Ratio xxx N/A N/A xxx
Dividend Yield xxx N/A 0.0% xxx
Div Pay Ratio(%) xxx N/A N/A xxx

Dividend yield today if purchased 3 years ago: 0.00%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 0.00

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages
HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 201820192020202120222023
EPS Basic xxxxxxxxxxxxxxx-2.4
DPS All xxxxxxxxxxxxxxx0.0
Sales/Revenue xxxxxxxxxxxxxxx-
Book Value Per Share xxxxxxxxxxxxxxx0.8
Net Operating Cash Flow xxxxxxxxxxxxxxx-16.5 M
Net Profit Margin xxxxxxxxxxxxxxx-

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201820192020202120222023
Return on Capital Employed xxxxxxxxxxxxxxx-429.97 %
Return on Invested Capital xxxxxxxxxxxxxxx-390.98 %
Return on Assets xxxxxxxxxxxxxxx-373.86 %
Return on Equity xxxxxxxxxxxxxxx-429.97 %
Return on Total Capital xxxxxxxxxxxxxxx-390.83 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-16.5 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 201820192020202120222023
Short-Term Debt xxxxxxxxxxxxxxx-
Long Term Debt xxxxxxxxxxxxxxx2 M
Total Debt xxxxxxxxxxxxxxx2 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx17 M
Price To Book Value xxxxxxxxxxxxxxx24.52

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201820192020202120222023
Capex xxxxxxxxxxxxxxx0.0 M
Capex % of Sales xxxxxxxxxxxxxxx-
Cost of Goods Sold xxxxxxxxxxxxxxx0 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx38 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx0 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

1.0

No. Of Recommendations

2
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Bell Potter

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Macquarie

31/01/2024

1

Outperform

$0.46

87.76%

Meteoric Resources' drilling program update suggests resource upside to Macquarie as it notes high grade mineralisation intercepted outside its current resource estimate.

Macquarie sees material upside to the resource estimates of 409mt, given its large licensed areas outside the current resource base. The scoping study, metallurgical evaluation updates and higher resource estimates are seen presenting positive catalysts in the near term.

Outperform and 46c target retained.

FORECAST
Macquarie forecasts a full year FY24 dividend of 0.00 cents and EPS of minus -0.30 cents.
Macquarie forecasts a full year FY25 dividend of 0.00 cents and EPS of minus -0.40 cents.
Access Stockbroker Research History >

MEI STOCK CHART

FNArena News on MEI

1
Australian Broker Call *Extra* Edition – Mar 27, 2024

Mar 27 2024 - Daily Market Reports
2
Australian Broker Call *Extra* Edition – Mar 20, 2024

Mar 20 2024 - Daily Market Reports
3
Australian Broker Call *Extra* Edition – Mar 12, 2024

Mar 12 2024 - Daily Market Reports
4
Australian Broker Call *Extra* Edition – Feb 06, 2024

Feb 06 2024 - Daily Market Reports
5
Australian Broker Call *Extra* Edition – Dec 14, 2023

Dec 14 2023 - Daily Market Reports

Latest Gold & Silver News

1
The 2024 Gold Enigma

Apr 11 2024 - Commodities
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Apr 09 2024 - Technicals
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Rudi’s View: Facts & Fiction About Gold

Mar 27 2024 - Rudi's View
4
Gold: Up, Up, Up

Mar 08 2024 - Technicals
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Gold: Longer Term Bullish

Dec 14 2023 - Technicals
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They Say You Want An Evolution

Dec 05 2023 - Technicals
7
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Nov 15 2023 - Australia
8
Material Matters: Gold, Iron Ore & Met Coal

Sep 19 2023 - Commodities
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Australian Gold Miners: Positive Signs

Aug 30 2023 - Technicals
10
Gold: Major Low Locked In

Jul 20 2023 - Technicals