Midas Minerals (ASX:MM1) FCF Yield % : -55.69 (As of May. 31, 2024)

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What is Midas Minerals FCF Yield %?

FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

As of today, Midas Minerals's Trailing 12-Month Free Cash Flow is A$-3.80 Mil, and Market Cap is A$6.72 Mil. Therefore, Midas Minerals's FCF Yield % for today is -55.69%.

The historical rank and industry rank for Midas Minerals's FCF Yield % or its related term are showing as below:

ASX:MM1' s FCF Yield % Range Over the Past 10 Years
Min: -68.41 Med: 0 Max: 0
Current: -55.69

ASX:MM1's FCF Yield % is ranked worse than
88.67% of 2710 companies
in the Metals & Mining industry
Industry Median: -12.265 vs ASX:MM1: -55.69

Midas Minerals's FCF Margin % for the quarter that ended in Jun. 2023 was 0.00%.

Midas Minerals FCF Yield % Historical Data

The historical data trend for Midas Minerals's FCF Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Midas Minerals FCF Yield % Chart

Midas Minerals Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

FCF Yield %

-33.38

-26.33

-31.27

Midas Minerals Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
FCF Yield %	-	-25.40	-30.12	-13.80	-31.42

Competitive Comparison of Midas Minerals's FCF Yield %

For the Other Precious Metals & Mining subindustry, Midas Minerals's FCF Yield %, along with its competitors' market caps and FCF Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Midas Minerals's FCF Yield % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Midas Minerals's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Midas Minerals's FCF Yield % falls into.

Midas Minerals FCF Yield % Calculation

FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

Midas Minerals's FCF Yield % for the fiscal year that ended in Dec. 2023 is calculated as

FCF Yield %	=	Free Cash Flow	/	Market Cap
	=	-3.798	/	12.144622
	=	-31.27%

Midas Minerals's annualized FCF Yield % for the quarter that ended in Jun. 2023 is calculated as

FCF Yield %	=	Free Cash Flow	*	Annualized Factor	/	Market Cap
	=	-1.89	*	2	/	27.386172
	=	-13.80%

Midas Minerals FCF Yield % Explanation

Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.

Midas Minerals FCF Yield % Related Terms

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Midas Minerals (ASX:MM1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Midas Minerals Ltd (ASX:MM1) » Definitions » FCF Yield %

Comparable Companies

Traded in Other Exchanges

N/A

Address

8 Richardson Street, Level 2, West Perth, Perth, WA, AUS, 6005

Website

https://www.midasminerals.com

Midas Minerals Ltd is an emerging mineral exploration company focused on advancing projects in the prospective Yilgarn Craton of Western Australia. Its primary focus is gold however, the Weebo project is also prospective for nickel and the Challa project has potential for, copper, nickel, base metals, silver, and lithium.

Midas Minerals (ASX:MM1) Headlines

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