Loading…
← CockpitCompetitor Analysis › MEI.AX Meteoric Resources LimitedOpen in the cockpit ↗

Meteoric Resources LimitedMEI.AXCompetitor analysis, valuation and peers

Australia · AUD·Materials›Precious Metals
Momentum strong 76
Mkt cap
$464M
US dollars, full cap
Free float
83%
of shares outstanding
$/day
$2.69M
20-day average traded
P/B
10.07×
price to book
ROE
-109.8%
delivered
Implied ROE
83.0%
what the price asks
Next earnings
140 days
26 Mar 2027
Close · AUDA$0.23
1D-4.2%
1W+4.5%
1M-4.2%
3M+15.0%
6M+12.2%
YTD+35.3%
1Y+17.9%
ATR %6.9%
52w lowhigh13.2% off high

What Meteoric Resources does

No business profile yet.

Meteoric Resources at a glance

Size Meteoric Resources (MEI.AX) is an Australia Materials company (Precious Metals) with a market value of $464M, the 269th largest of 316 Australia companies the cockpit tracks. Shares closed at A$0.23 on 6 Nov 2026.

Performance Over six months the shares gained 12.2%, against -20.4% for the median peer and +4.1% for the Australia market (cap-weighted) — 7th highest of 21 in its peer set.

Valuation It trades at 10.07× book value against a peer median of 2.87× (2nd most expensive of 19).

Price implies The share price implies a return on equity of about 83.0%; Meteoric Resources delivers -109.8%, so the price asks more than the business earns today.

Next results Next results expected around 26 Mar 2027 (exchange calendar; dates can move).

Relative performance

8010012011 May 202611 Aug 20266 Nov 2026MEI.AX 110Peer median 79
Six months, rebased to 100: Meteoric Resources against the median of its 20 peers (local-currency closes).

Meteoric Resources financials

Reported figures in AUD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueA$0A$0A$0A$0A$0
Revenue growth—————
Gross profit-A$379,165-A$332,952-A$65,737-A$19,731-A$21,836
EBITDA-A$41.6M-A$28.5M-A$45.1M-A$37.8M-A$3.15M
Net income-A$41.1M-A$27.8M-A$46.7M-A$40.8M-A$5.56M
Free cash flown/a-A$18.4M-A$35.1M-A$16.5M-A$5.03M
Capital expendituren/aA$5.06MA$1.22MA$16,947A$7,585
Total debtn/aA$227,425A$549,142A$1.75MA$0

Quarterly statements and history in the cockpit →

Meteoric Resources competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-40%-20%0%+20%+40%-20%-10%0%THXRMLITRHSTRAMIATXASEAUCNMGSLGGOROTAUCTGOCMCLAUXXAMXITHRXLWIAVGZMEI.AX6-month return →1-month return →
Up and to the right = strong over both horizons. Meteoric Resources is the large dot.

Fundamentals: return on equity against price-to-book

-100%0%100%00×100×200×THXITRAMIATXAUCNMGSLGTAUCTGOAUXXITHVGZMEI.AXReturn on equity →Price / book →
A bank or insurer earning more on its equity usually trades at a higher multiple of book; points far above the trend are priced for more. Meteoric Resources is the large dot.

Capital: ROE delivered against the ROE the price implies

-100%0%100%-100%0%100%THXITRAMIATXAUCNMGCTGOAUXXRXLVGZMEI.AXROE delivered →ROE the price implies →
Above the diagonal = the price asks for a higher return on equity than the business earns today. Meteoric Resources is the large dot.

Meteoric Resources competitors and peer comparison

How Meteoric Resources compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Meteoric Resources against its 20 peers (data as of 6 Nov 2026)
MeasureMEI.AXPeer medianRank in peer set
1-month return-4.2%-10.0%4th highest of 21
6-month return+12.2%-20.4%7th highest of 21
Return on equity-109.8%-4.7%lowest of 17
Price / book10.07×2.87×2nd most expensive of 19
ROE the price implies83.0%22.9%most demanding of 19
ROE delivered-109.8%-4.7%lowest of 17

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthROEPrice / bookImplied ROEDelivered ROE
Meteoric Resources MEI.AXAustralia$464M+12%n/a-110%10.07×83.0%-109.8%
Thor Explorations THX.VCanada$466M-26%+29%55%1.00×12.0%54.9%
Rusoro Mining RML.VCanada$457M-5%n/an/an/an/an/a
Integra Resources ITR.VCanada$453M-20%+71%5%1.65×18.2%5.0%
Heliostar Metals HSTR.TOCanada$475M+10%n/an/a4.21×38.5%n/a
Aurelia Metals AMI.AXAustralia$477M+16%+40%20%1.48×15.7%20.2%
ATEX Resources ATX.TOCanada$443M-45%n/a-78%3.70×21.5%-77.7%
Asante Gold ASE.VCanada$439M-39%+28%n/a4.45×38.5%n/a
Ausgold AUC.AXAustralia$495M+42%n/a-6%3.30×37.4%-6.2%
New Murchison Gold NMG.AXAustralia$433M+19%+1,594,866%147%2.97×16.6%146.8%
San Lorenzo Gold SLG.VCanada$431M+101%n/a-8%19.32×44.7%-7.5%
Goldgroup Mining GORO.VCanada$500M-21%+215%n/an/an/an/a
Thesis Gold & Silver TAU.VCanada$516M-31%n/a-5%2.24×24.4%-4.5%
Contango Silver & Gold CTGOUnited States$520M-43%n/a-24%1.52×8.1%-23.7%
Caledonia Mining CMCLUnited States$412M-11%+35%25%1.40×11.0%24.6%
Gold X2 Mining AUXX.VCanada$409M-32%n/a-36%3.65×54.2%-36.2%
Amex Gold Mining AMX.VCanada$407M-26%n/a-5%2.64×40.4%-4.9%
International Tower Hill Mines ITH.TOCanada$405M-39%n/a-3%2.42×27.5%-2.8%
Rox Resources RXL.AXAustralia$532M+13%n/a-19%2.77×12.8%-19.0%
WIA Gold WIA.AXAustralia$533M-22%n/a-4%3.99×17.1%-3.9%
Vista Gold VGZUnited States$401M+22%n/a-26%7.91×71.2%-26.4%

Questions

Which companies are Meteoric Resources's closest peers?
The cockpit's peer set: Thor Explorations (THX.V), Rusoro Mining (RML.V), Integra Resources (ITR.V), Heliostar Metals (HSTR.TO), Aurelia Metals (AMI.AX), ATEX Resources (ATX.TO), Asante Gold (ASE.V), Ausgold (AUC.AX).
Is Meteoric Resources expensive compared with its peers?
On price / book it trades at 10.07× against a peer median of 2.87×, 2nd most expensive of 19 in its peer set. The share price implies a return on equity of about 83.0%; Meteoric Resources delivers -109.8%, so the price asks more than the business earns today.
How has Meteoric Resources stock performed?
Over six months to 6 Nov 2026 the shares returned +12.2% against -20.4% for the median peer; over one year +17.9%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.