Megado Minerals Ltd.
AASX:MEG0.01
AUD
+0.00
(+12.50%)
ISIN
AU0000105025
Return %
Stock
S&P 500
1Y
-75.00
14.20
3Y
-69.52
81.12
5Y
-90.05
68.34
Capital Structure
AUD
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in mil. unless spec.Working Capital
AUD
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in mil. unless spec.Growth Rates
AUD
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in mil. unless spec.Semi-annual Revenue
AUD
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in mil. unless spec.Semi-annual Earnings Per Share
AUD
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in mil. unless spec.Semi-annual Dividends Per Share
AUD
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in mil. unless spec.Company Description
- CEO
- Aaron Dean Bertolatti
- Full Time Employees
- - -
- Sector
- Non-energy minerals
- Industry
- Precious metals
- Address
- 197 St Georges Terrace Perth WA Australia 6000
- IPO Date
- Oct 26, 2020
- Website
- megadogold.com
- Similar Companies
- Business
- Megado Minerals Limited is an Australian-based mining exploration company focused on discovering and developing critical minerals, silver, gold, and lithium projects primarily in the European Union, Canada, and the United States. Its main projects include the Iberian Copper Project in Northern Spain targeting sedimentary copper mineral systems; the Cyclone Lithium Project in Quebec, Canada, prospective for lithium, nickel, and gold; the K Lithium Project in the La Grande Subprovince, Canada, targeting lithium and associated rare elements; and the North Fork Rare Earths Project located in Idaho, USA, which spans 499 mining claims with rare earth element mineralization concentrated in ancient rock formations. The company's portfolio also includes gold exploration assets in Ethiopia. Megado's product and service focus covers exploration and development activities for copper, lithium, rare earth elements, gold, and strategic metals critical to the EU and North American markets. In 2024 and 2025, Megado Minerals has made significant strategic advances including the acquisition of the Cyclone Lithium Project in Quebec and entering a binding agreement to acquire an 80% interest in the Iberian Copper Project by issuing shares. The Iberian project aligns with the EU’s Critical Raw Materials Act 2024, which lists copper among 17 strategic raw materials, reinforcing Megado’s positioning in critical mineral supply chains important to Europe. The company is actively progressing exploration activities in Iberia with planned drilling focused on multiple high-priority targets. Additionally, Megado has established option agreements with major resource companies such as Sumitomo Metal Mining Canada for gold and lithium projects, furthering its business expansion in North America. Recent capital raising activities include non-renounceable rights issues and placements to support exploration and development programs across its mineral project portfolio. Founded in 2009, Megado Minerals Limited is headquartered in Hobart, Tasmania, Australia, and operates primarily across Canada, the European Union (notably Spain), the United States, and Ethiopia. The company targets customers and markets involved in the supply of critical strategic minerals essential for the technology, energy, and manufacturing sectors in the EU and North America. Its operations focus on leveraging modern exploration techniques on historically underexplored mineral belts to unlock new resources of copper, lithium, rare earths, and gold, central to geopolitical and economic priorities around clean energy and technological advancement. Megado's subsidiaries and project entities include Iberian Copper Pty Ltd, which holds the Iberian Copper Project, and ownership interests in Canadian lithium and gold exploration projects. The company is listed on the Australian Securities Exchange under the ticker MEG.AX. Recent major strategic initiatives emphasize critical mineral exploration aligned with geopolitical trends, particularly the EU’s drive for internal sourcing of strategic minerals, positioning Megado as a key player in mining exploration focused on the future needs of global supply chains.