Midas Minerals Limited (MM1.AX)
Midas Minerals Limited operates in the Other Precious Metals industry of the Basic Materials sector, headquartered in West Perth, WA, AU. The stock last traded at $1.08, up 0.47% on the session, giving a market capitalisation of $264.9M. Its beta of 0.14 implies it has historically moved less than the broad market.
Midas Minerals Limited specializes in the exploration and assessment of mineral resources. The company primarily targets gold and base metals within Western Australia's Eastern Goldfields region. Its portfolio includes several key ventures: the Weebo gold project, spanning 198 square kilometers across two exploration licenses near Leinster, Western Australia; the Challa project, an 859-square-kilometer area comprising two exploration licenses and three license applications located east of Mt Magnet, Western Australia; and the Newington project, covering 94.3 square kilometers via two exploration licenses in the Southern Cross Greenstone Belt. Additionally, Midas Minerals has a presence in Canada with its Greenbush lithium project, which encompasses 102 kilometers in Ontario. Established in 2018, Midas Minerals Limited is headquartered in West Perth, Australia.
Midas Minerals Limited is most often compared with the following Basic Materials names: