MIDAS MINERALS LIMITED (MM1)
Share Price Analysis and Chart

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MM1

MM1 - MIDAS MINERALS LIMITED

FNArena Sector : Copper
Year End: December
GICS Industry Group : Materials
Debt/EBITDA: -0
Index:

0

LAST PRICE CHANGE +/- CHANGE % VOLUME

$1.325

01 Sep
2026

0.025

OPEN

$1.34

1.92%

HIGH

$1.35

309,086

LOW

$1.30

OTHER COMPANIES IN THE SAME SECTOR
29M . A1M . AR1 . CBE . CNB . CSC . CVV . CY5 . CYM . FFM . LEG . MLX . MM8 . NEM . SFR . SLS . STM . TTM .
FNARENA'S MARKET CONSENSUS FORECASTS

- No Record -

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2026 FactSet UK Limited. All rights reserved
Title 202020212022202320242025
EPS Basic xxxxxxxxxxxxxxx-1.8
DPS All xxxxxxxxxxxxxxx0.0
Sales/Revenue xxxxxxxxxxxxxxx0.0 M
Book Value Per Share xxxxxxxxxxxxxxx10.1
Net Operating Cash Flow xxxxxxxxxxxxxxx-1.7 M
Net Profit Margin xxxxxxxxxxxxxxx-

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 202020212022202320242025
Return on Capital Employed xxxxxxxxxxxxxxx-21.56 %
Return on Invested Capital xxxxxxxxxxxxxxx-21.56 %
Return on Assets xxxxxxxxxxxxxxx-21.07 %
Return on Equity xxxxxxxxxxxxxxx-21.56 %
Return on Total Capital xxxxxxxxxxxxxxx-23.89 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-1.9 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 202020212022202320242025
Short-Term Debt xxxxxxxxxxxxxxx0 M
Long Term Debt xxxxxxxxxxxxxxx0 M
Total Debt xxxxxxxxxxxxxxx0 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx9 M
Price To Book Value xxxxxxxxxxxxxxx5.85

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 202020212022202320242025
Capex xxxxxxxxxxxxxxx3.2 M
Capex % of Sales xxxxxxxxxxxxxxx-
Cost of Goods Sold xxxxxxxxxxxxxxx0 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx3 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

0.0

No. Of Recommendations

0
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

1

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

Canaccord Genuity

20/08/2026

1

Speculative Buy

$1.50

13.21%

Canaccord Genuity maintains a Speculative Buy rating for Midas Minerals with a $1.50 target price following recent drilling results from the Spaatzu prospect within the 100%-owned Otavi Copper Project in Namibia.

The analyst highlights that recent reverse circulation drilling has extended the copper-silver system along strike to 1.2 km while delivering consistent high-grade mineralisation open in multiple directions.

The broker's estimates factor in an expanding drill fleet and an active target inventory as the company works towards initial resource estimates for Spaatzu and Deblin alongside an updated T-13 estimate targeted for early 2026.

Management benefits from a strong financial position, reporting $29.2m in cash as at 30 June 2026.

The valuation is derived using an enterprise value to resource multiple approach benchmarked against comparable ASX-listed copper peers with adjustments for project grade.

FORECAST
Canaccord Genuity forecasts a full year FY26 dividend of 0.00 cents and EPS of 0.00 cents.
Canaccord Genuity forecasts a full year FY27 dividend of 0.00 cents and EPS of 0.00 cents.

MM1 STOCK CHART