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Ord Minnett Remains a Buy on Meteoric Resources NL (MEI)


Ord Minnett Remains a Buy on Meteoric Resources NL (MEI)

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Meteoric Resources NL with a A$0.20 average price target.

MEI market cap is currently A$229.9M and has a P/E ratio of -4.22.

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Meteoric Resources NL (MEI) Company Description:

Meteoric Resources NL explores mineral tenements. It focuses on iron, gold, copper, and nickel deposits with a portfolio of projects in Brazil, Canada, Western Australia, and Northern Territory. The company projects include Juruena Gold Project, Brazil; Palm Springs Gold Project, Western Australia; Novo Astro Project; Warrego North Project; and Webb Diamond JV. The Group has three reportable segments being exploration activities in Brazil, exploration activities in Canada and exploration activities in Australia.

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