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:

LAST PRICE CHANGE +/- CHANGE % VOLUME

$0.985

26 Feb
2026

-0.050

OPEN

$1.00

-4.83%

HIGH

$1.03

437,583

LOW

$0.97

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

- No Record -

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2026 FactSet UK Limited. All rights reserved
Title 20202021202220232024
EPS Basic xxxxxxxxxxxx-3.8
DPS All xxxxxxxxxxxx0.0
Sales/Revenue xxxxxxxxxxxx0.0 M
Book Value Per Share xxxxxxxxxxxx4.3
Net Operating Cash Flow xxxxxxxxxxxx-1.3 M
Net Profit Margin xxxxxxxxxxxx-

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 20202021202220232024
Return on Capital Employed xxxxxxxxxxxx-68.13 %
Return on Invested Capital xxxxxxxxxxxx-68.13 %
Return on Assets xxxxxxxxxxxx-65.32 %
Return on Equity xxxxxxxxxxxx-68.13 %
Return on Total Capital xxxxxxxxxxxx-31.79 %
Free Cash Flow ex dividends xxxxxxxxxxxx-1.3 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 20202021202220232024
Short-Term Debt xxxxxxxxxxxx0 M
Long Term Debt xxxxxxxxxxxx0 M
Total Debt xxxxxxxxxxxx0 M
Goodwill - Gross xxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxx1 M
Price To Book Value xxxxxxxxxxxx1.78

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 20202021202220232024
Capex xxxxxxxxxxxx1.3 M
Capex % of Sales xxxxxxxxxxxx-
Cost of Goods Sold xxxxxxxxxxxx0 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxx2 M
Research & Development xxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxx0 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

16/02/2026

1

Initiation of coverage with Speculative Buy

$1.35

37.06%

Canaccord Genuity initiates on Midas Minerals with Speculative Buy and a $1.35 target, implying P/NAV 0.51x, backing leverage to the 100%-owned Otavi Copper project in northern Namibia.

The broker argues the Otavi Fold Belt is underexplored despite Central African Copper Belt analogues and notes only around 36% of the 1,776km2 tenure has seen modern exploration.

Canaccord models a risked 500kt CuEq exploration target across T13/T13 West/Deblin/Spaatzu and expects a maiden JORC resource at T13 in MarQ’26, aided by favourable metallurgy (up to ~85% oxide and >90% sulphide flotation recoveries, 25–35% Cu concentrates).

Catalysts are ongoing multi-rig drilling and the maiden resource, while risks include exploration/resource conversion, Namibia/geopolitical and funding needs plus commodity/FX volatility.

MM1 STOCK CHART