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Minerals Exploration Limited (MEX) Fair Value & Analysis

Basic Materials · AU · Market cap A$11.1M

PriceA$0.0590
Fair ValueA$0.0301
Upside-49.0%
Quality87/100
Evidence: Low Range A$0.0301 – A$0.0360

Fair value as of: Jun 26, 2026

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Analysis

Minerals Exploration Limited (MEX) currently trades at A$0.0590, while our model-based Fair Value estimate is A$0.0301 — implying the stock looks roughly 49.0% overvalued today. We read business quality at 87/100 (high quality), in the Basic Materials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: low).

About the company

Minerals Exploration Limited, an exploration company, engages in the exploration and development of uranium, vanadium, lithium, and other mineral properties. It holds 100% interest in the East Canyon project that comprises 231 contiguous claims, which covers an area of approximately 4,620 acres/18.7 square kilometers located in the Dry Valley/East Canyon mining district of south-eastern Utah, the United States; South Pass Wyoming Lithium Project in Wyoming, the United States; and the Frome Downs and Yankaninna projects in the South Australia. The company was formerly known as Uvre Limited and changed its name to Minerals Exploration Limited in November 2025. The company was incorporated in 2021 and is based in West Perth, Australia.

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Frequently asked questions

Is Minerals Exploration Limited (MEX) undervalued?
As of Jun 26, 2026, our model estimates a fair value of A$0.0301 versus a price of A$0.0590 — about −49% (overvalued). Model-based estimate, not financial advice.
What is the fair value of MEX?
Our 21-model fair value for Minerals Exploration Limited is A$0.0301 (as of Jun 26, 2026), built from audited fundamentals. The current price is A$0.0590.
What is the quality score of MEX?
Minerals Exploration Limited has a Quality Score of 87/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.