Why did Enterprise Metals Limited stock drop today?

The stock dropped due to concerns over mineral oversupply impacting the Basic Materials sector, leading to decreased market confidence and lower stock prices.

What is the current PE ratio for Enterprise Metals Limited?

Enterprise Metals Limited currently has no PE ratio due to negative earnings, indicative of its current financial challenges and lack of profitability.

Is Enterprise Metals stock a good investment now?

Meyka AI rates the stock as a 'HOLD,' suggesting that while there might be potential for future growth, current market conditions pose significant risks.

What is the Meyka AI forecast for Enterprise Metals Limited?

Meyka AI's forecast model projects ENT.AX to reach A$0.00544 in three years, suggesting a potential upside from the current price of A$0.004. However, forecasts are not guarantees.

Where is Enterprise Metals Limited primarily located?

Enterprise Metals Limited is based in West Perth, Australia, focusing on mineral exploration projects in Western Australia. More information can be found on their [website](https://www.enterprisemetals.com.au).

AU Stocks

Enterprise Metals Limited Drops -20.0%: Oversupply Concerns

ByHuzaifa Zahoor December 19, 2025December 19, 2025

Enterprise Metals Limited (ASX: ENT.AX) experienced a steep decline of 20% in its stock price. This drop places the company among today’s top losers on the ASX.