Middle Island Resources Limited engages in the identification, acquisition, and exploration of mineral assets in Serbia. It explores for copper, gold, silver, and base metal deposits. The company holds interest in the Bobija Polymetallic Project located in central western Serbia; the Priboj Project; and the Timok Project located in eastern Serbia, at the northern end of the timok magmatic complex. Middle Island Resources Limited was incorporated in 2010 and is based in West Perth, Australia.
Research context
Middle Island Resources Limited appears in PyInvesting’s Australia Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- AUD
- Sector
- Basic Materials
- Industry
- Gold
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5 years, 6 months ago
Middle Island Resources Limited is currently in a long term downtrend where the price is trading 48.6% below its 200 day moving average.
From a valuation standpoint, the stock is 53.0% more expensive than other stocks from the Basic Materials sector with a price to sales ratio of 1074.4.
Middle Island Resources Limited's total revenue rose by 122.1% to $140K since the same quarter in the previous year.
Its net income has dropped by 429.8% to $-4M since the same quarter in the previous year.
Finally, its free cash flow fell by 412.3% to $-2M since the same quarter in the previous year.
Based on the above factors, Middle Island Resources Limited gets an overall score of 1/5.