Meeka Metals
Meeka Metals is an Australian exploration company focused on gold and rare earth elements (REE). The company's portfolio includes exploration projects throughout Western Australia, with a primary focus on the Murchison Gold Project. Meeka aims to discover, grow, and develop its projects into valuable assets.
Short position
Meeka Metals (ASX:MEK) has 0.56% of its shares on issue reported as short positions as of 5 Oct 2026, or about 19,254,712 shares. Over the past 30 days that figure has fallen 2.99 percentage points, and over 90 days it has fallen 1.31 percentage points. Its highest recorded short interest was 3.60% in September 2026. MEK is classified in the Materials industry. All figures come from official ASIC short position reports, published with a four trading-day (T+4) delay.
Price & short interest
Toggle series, zoom, and compare · ASIC daily, T+4Meeka Metals (MEK) financials
Results, ratios and statements
Latest result
Year to 30 Jun 2026 (FY26) vs FY25, figures in AUD, the reporting currency
- Revenue
- $161.1MM (source: ASX (Markit))vs $329.0KM (source: ASX (Markit)) (FY25)
- ASX (Markit), as at 29 Sep 2026
- NPAT
- $51.3MM (source: ASX (Markit))vs −$4.2MM (source: ASX (Markit)) (FY25)
- ASX (Markit), as at 29 Sep 2026
- EPS (diluted)
- $0.017T (source: Derived: trailing 12 months at year end)vs −$0.002 (FY25)
- Derived: trailing 12 months at year end, as at 29 Sep 2026
- Rev YoY
- n/mFY
- EPS YoY
- n/aTTM
EPS: prior loss, now profit (growth is not meaningful against a loss).
- ASX (Markit)
- Derived: trailing 12 months at year end
Summary of FY2026 Financial Results Press Release, 21 Sep 2026
Meeka Metals reported its first full year as a gold producer, with revenue of $160.8 million (up from nil) and a net profit after tax of $51.3 million (compared to a $4.2 million loss in FY25). No dividend was declared. The company expects FY27 to transition to a predominantly underground operation, with higher-grade ore from Andy Well and Turnberry, and cash to build from the September 2026 quarter as costs reset after open pit mining curtailment.
Automated summary of the filing; the filing itself is the record.
Key ratios
Year to 30 Jun 2026 (FY); no balance sheet aligned with this period; prices to 9 Oct 2026
- Gross margin
- n/a
- Operating margin
- −59.3%
- Net margin
- 31.9%
- FCF margin
- −10.7%
- ROE
- n/a
- ROA
- n/a
- FCF conversion
- −0.34×
- Net debt (excl. leases)
- n/a
- Net debt / EBITDA
- n/a
- Current ratio
- n/a
- Interest cover
- −122.0×
- Cash dividends paid / net profit
- n/a
- Market cap
- n/a (no share count we can vouch for)
- P/E
- 5.3×
- P/B
- n/a (no share count we can vouch for)
Ratios use the reporting currency (AUD); market cap is in AUD. Sources: ASX (Markit) and Derived: trailing 12 months at year end, as at 29 Sep 2026.
Financial statements
Figures in AUD, the reporting currency; Yahoo Finance unless marked
| Line item | FY26 | FY25 | FY24 | FY23 |
|---|---|---|---|---|
| Revenue | $161.1MM (source: ASX (Markit)) | $329.0KM (source: ASX (Markit)) | $48.7KM (source: ASX (Markit)) | $273.2KM (source: ASX (Markit)) |
| Operating income | −$95.5MT (source: Derived: trailing 12 months at year end) | n/a | −$2.8M | −$1.3M |
| EBITDA | $66.6MT (source: Derived: trailing 12 months at year end) | n/a | −$2.7M | −$1.2M |
| EBIT | $66.6MT (source: Derived: trailing 12 months at year end) | n/a | −$2.8M | −$1.3M |
| Interest expense | $783.0KT (source: Derived: trailing 12 months at year end) | n/a | $155.6K | n/a |
| Pretax income | $65.9MT (source: Derived: trailing 12 months at year end) | n/a | −$2.9M | −$994.1K |
| Tax | $14.5MT (source: Derived: trailing 12 months at year end) | n/a | $0 | $0 |
| NPAT | $51.3MM (source: ASX (Markit)) | −$4.2MM (source: ASX (Markit)) | −$2.9M | −$994.1K |
| Net interest income | $343.0KT (source: Derived: trailing 12 months at year end) | n/a | −$106.9K | $73.2K |
| EPS basic | $0.017T (source: Derived: trailing 12 months at year end) | −$0.002 | −$0.003 | −$0.001 |
| EPS diluted | $0.017T (source: Derived: trailing 12 months at year end) | −$0.002 | −$0.003 | −$0.001 |
| Shares | n/a | n/a | 1.23B | 1.10B |
- ASX (Markit)
- Derived: trailing 12 months at year end
Financial reports
The company's own filings, newest first
- Annual Report to shareholders 2026Annual Report21 Sep 2026via asx_announcements
- FY2026 Financial Results Press ReleaseFinancial Report21 Sep 2026via asx_announcements
- Half Year AccountsHalf Year Results16 Mar 2026via asx_announcements
- September 2025 Quarterly Activities ReportQuarterly Report23 Oct 2025via asx_announcements
- 2025 Annual ReportAnnual Report30 Sep 2025via asx_announcements
- June 2025 Quarterly Activities ReportQuarterly Report30 Jul 2025via asx_announcements
- March 2025 Quarterly Activities ReportQuarterly Report28 Apr 2025via asx_announcements
- 31 December 2024 Interim Financial ReportHalf Year Results14 Mar 2025via asx_announcements
- December 2024 Quarterly Activities ReportQuarterly Report29 Jan 2025via asx_announcements
- September 2024 Quarterly Activities ReportQuarterly Report29 Oct 2024via asx_announcements
Showing 10 of 16 reports