MEEKA METALS LIMITED (MEK)
Share Price Analysis and Chart

Enter the company code or Name for stock analysis:

MEK

MEK - MEEKA METALS LIMITED

FNArena Sector : Gold & Silver
Year End: June
GICS Industry Group : Materials
Debt/EBITDA: 0.17
Index: ALL-ORDS

Meeka Metals is a Western Australian gold company developing and operating the Murchison Gold Project.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$0.135

24 Sep
2026

0.000

OPEN

$0.14

0.000

HIGH

$0.14

0

LOW

$0.14

TARGET
$0.31 129.6% upside
OTHER COMPANIES IN THE SAME SECTOR
A1M . AAM . AAR . AKA . ALK . AMI . ASL . AUC . AUE . AWJ . BC8 . BEZ . BGD . BGL . BM1 . BNZ . BTR . CEL . CMM . CNB . CVV . CY5 . CYL . DPM . EMR . EVN . FFM . FFM . FG1 . FXG . GG8 . GGP . GHM . GMD . GPR . HRN . IGO . KCN . KGL . MAT . MEI . MM8 . MML . MPK . MRT . NEM . NMG . NST . NVA . OBM . ORE . PC2 . PDI . PNR . POL . PRU . RMS . RRL . RSG . RXL . SBM . SGC . SMI . SS1 . STM . STN . SVL . SX2 . TBR . TCG . TOR . TRE . TSO . TTM . USL . VAU . WAF . WGX . WIA . WMX . YRL .
FNARENA'S MARKET CONSENSUS FORECASTS
MEK: 1
Title FY25
Actual		 FY26
Actual		 FY27
Forecast		 FY28
Forecast
EPS (cps) xxx 1.8 3.8 xxx
DPS (cps) xxx 0.0 0.0 xxx
EPS Growth xxx N/A 100.0% xxx
DPS Growth xxx N/A N/A xxx
PE Ratio xxx N/A 2.6 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 © 2026 FactSet UK Limited. All rights reserved
Title 202120222023202420252026
EPS Basic xxxxxxxxxxxxxxx1.8
DPS All xxxxxxxxxxxxxxx0.0
Sales/Revenue xxxxxxxxxxxxxxx160.8 M
Book Value Per Share xxxxxxxxxxxxxxx7.1
Net Operating Cash Flow xxxxxxxxxxxxxxx89.8 M
Net Profit Margin xxxxxxxxxxxxxxx31.92 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 202120222023202420252026
Return on Capital Employed xxxxxxxxxxxxxxx28.38 %
Return on Invested Capital xxxxxxxxxxxxxxx27.09 %
Return on Assets xxxxxxxxxxxxxxx22.29 %
Return on Equity xxxxxxxxxxxxxxx28.38 %
Return on Total Capital xxxxxxxxxxxxxxx34.05 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-17.2 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 202120222023202420252026
Short-Term Debt xxxxxxxxxxxxxxx4 M
Long Term Debt xxxxxxxxxxxxxxx16 M
Total Debt xxxxxxxxxxxxxxx19 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx38 M
Price To Book Value xxxxxxxxxxxxxxx1.33

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 202120222023202420252026
Capex xxxxxxxxxxxxxxx107.0 M
Capex % of Sales xxxxxxxxxxxxxxx66.57 %
Cost of Goods Sold xxxxxxxxxxxxxxx87 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx8 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

1
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Morgans

13/08/2026

1

Buy

$0.31

129.63%

Morgans expects Meeka Metals to rebound in FY27 following a difficult 2H26 and a site visit, supported by the ongoing Andy Well underground ramp-up in 1H and first ore from Turnberry in 3Q.

The broker views the early closure of open pit mining as logical and expects improved unit economics and cash outflows, with mining costs reducing by $4m–$6m per quarter through 1H27 while production remains broadly unaffected.

Post 4Q result, forecasts are tweaked to reflect stockpiles contributing around 40%-50% of processed ore through 1H27 and increases Andy Well underground assumptions, including forecast mined grade of 3.0g/t.

The analyst sees further upside from higher stockpile grades, increased mill throughput and additional high-grade exploration success and resource conversion.

Following an analyst change, Morgans retains Buy with a $0.31 target, down from 35c.

FORECAST
Morgans forecasts a full year FY27 dividend of 0.00 cents and EPS of 3.80 cents.
Morgans forecasts a full year FY28 dividend of 0.00 cents and EPS of 6.10 cents.
Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

0

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY
Access Extra Coverage Research History >

MEK STOCK CHART

FNArena News on MEK

1
Next Week At A Glance – 28 Sept – 2 Oct 2026

Sep 25 2026 - Weekly Reports
2
Why Gold Beats Bitcoin & ASX Opportunities

Feb 04 2026 - Commodities
3
Rudi’s View: Many February Uncertainties

Feb 04 2026 - Rudi's View
4
Rudi’s View: Momentum Favours Resources

Dec 04 2025 - Rudi's View
5
Rudi’s View: Banks, Gold, Lithium & US Equities

Nov 20 2025 - Rudi's View

Latest Gold & Silver News

1
Rudi’s View: Ampol, BlueScope, Evolution, Infratil, Ramelius & More

Sep 24 2026 - Rudi's View
2
Northern Star Poised For Technical Break Out

Aug 04 2026 - Technicals
3
Strong Execution Underpins Newmont Confidence

Jul 28 2026 - Commodities
4
Investor Sentiment Yet To Turn For Pantoro Gold

Jul 16 2026 - Commodities
5
Capricorn Metals’ Wait Is (Almost) Over

Jul 07 2026 - Commodities
6
Resolute Mining Shares Ready To Rally

May 26 2026 - Technicals
7
The Greatland Resources Valuation Debate

Apr 30 2026 - Commodities
8
March Quarter Gold Medal For Newmont

Apr 28 2026 - Commodities
9
Treasure Chest: Greatland Resources

Apr 01 2026 - Treasure Chest
10
Gold’s Outlook No Longer Straightforward

Mar 19 2026 - Commodities