Risk factor
Very high price volatility
Profitability factor
Greatly overvalued vs peers
About
Meteoric Resources NL explores for mineral tenements in Brazil, Canada, Western Australia, and Northern Territory. It explores for gold, copper, cobalt, diamond, and silver deposits. The company owns interests in the Palm Springs gold project, which covers an area of approximately 12,500 ha located in Western Australia; the Juruena project located in Brazil; Novo Astro...
Company Valuation
Based on key historical and expected multiples, the stock is greatly overvalued relative to its peers. Specifically, the stock is overvalued on EV/EBITDA.
Target Price
The average target price of MEI.AX is 0.31 and suggests 55% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to incr
Buy
Sell