<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from the
Midas Investors Ltd. Semi-annual Report and is qualified in its entirety by
references to such financial statements.
</LEGEND>
<CIK> 0000042031
<NAME> Midas Investors Ltd.
<MULTIPLIER> 1
<CURRENCY> U.S. Dollar
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> Dec-31-2000
<PERIOD-START> Jan-01-2000
<PERIOD-END> Jun-30-2000
<EXCHANGE-RATE> 1.000
<INVESTMENTS-AT-COST> 4,585,774
<INVESTMENTS-AT-VALUE> 3,891,367
<RECEIVABLES> 1,540
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 3,068
<TOTAL-ASSETS> 3,895,975
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 52,250
<TOTAL-LIABILITIES> 52,250
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 19,737,317
<SHARES-COMMON-STOCK> 1,809,872
<SHARES-COMMON-PRIOR> 1,905,080
<ACCUMULATED-NII-CURRENT> (61,293)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (15,137,892)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (694,407)
<NET-ASSETS> 3,843,725
<DIVIDEND-INCOME> 37,485
<INTEREST-INCOME> 2,874
<OTHER-INCOME> 0
<EXPENSES-NET> 98,088
<NET-INVESTMENT-INCOME> (57,729)
<REALIZED-GAINS-CURRENT> (710,229)
<APPREC-INCREASE-CURRENT> (219,872)
<NET-CHANGE-FROM-OPS> (987,830)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 102,994
<NUMBER-OF-SHARES-REDEEMED> 198,202
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> (1,201,377)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (14,431,227)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 20,561
<INTEREST-EXPENSE> 2,969
<GROSS-EXPENSE> 113,508
<AVERAGE-NET-ASSETS> 4,127,862
<PER-SHARE-NAV-BEGIN> 2.65
<PER-SHARE-NII> (.03)
<PER-SHARE-GAIN-APPREC> (.50)
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 2.12
<EXPENSE-RATIO> 4.78
</TABLE>
