MEG Shares Megado Minerals Limited
ASX · ASXLast in our picks 2026-10-21 — not in the current list; analysis below is from that screen
Cloud connectivity demand and operating leverage offer strong growth potential following materially higher analyst targets.
Signal breakdown
- ▸Analyst target raised materially; shares gained 5.5% recently.
- ▾Below 50-day MA (-31.71%)
- ▾Near 52-week low (3% of range)
Is MEG a buy right now?
Trend: MEG is trading below the 50-day average (-10.00%), RSI 43 — neutral momentum, with a 3-month return of -47.06%.
Valuation & quality: Megado Minerals Limited trades on price-to-book 0.69; fundamentals show net margin 0.0%, return on equity -14.7%, revenue growth -67.8% year on year.
Our screen: BUY (score 2) — Cloud connectivity demand and operating leverage offer strong growth potential following materially higher analyst targets.
Computed from end-of-day data; not personal advice.
12-month price chart
Monthly returns
| Mar 26 | Apr 26 | May 26 | Jun 26 | Jul 26 | Aug 26 | Sep 26 | Oct 26 |
|---|---|---|---|---|---|---|---|
| -33.30% | +0.00% | +0.00% | +0.00% | +0.00% | +0.00% | -50.00% | +0.00% |
Fundamentals
Technical signals
About Megado Minerals Limited
Megado Minerals Limited operates as a mineral exploration company in Canada and Spain. The company explores for copper, lithium, gold, silver, antimony, and rare earth deposits.
Sector: Basic Materials · Industry: Other Industrial Metals & Mining · Australia · Website
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Market data from end-of-day feeds; AI-generated research for educational purposes only — not investment advice.