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MEC Resources Ltd (AU:MMR)
ASX:MMR
MMR Stock Chart & Stats
Currently, no data available
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Bulls Say, Bears Say
Bulls Say
Debt EliminationEliminating debt significantly reduces financial risk and increases flexibility, allowing MEC Resources to focus on strategic investments and growth.
Shareholder SupportStrong shareholder support for strategic decisions and governance can enhance confidence and stability, potentially improving market position.
Strategic Capital RaisingRaising capital through options can strengthen working capital and support strategic initiatives, enhancing the company's ability to pursue growth opportunities.
Bears Say
Negative Cash FlowPersistent negative cash flow indicates ongoing cash burn, which can strain resources and limit the ability to invest in growth, posing a risk to long-term sustainability.
Weak Revenue BaseA lack of recurring revenue undermines earnings quality and sustainability, making it challenging to achieve consistent profitability and growth.
Earnings VolatilityVolatile earnings, with recent profits driven by non-operating factors, highlight the challenge of achieving stable, sustainable profitability without a solid revenue base.
MEC Resources Ltd News
MMR FAQ
What was MEC Resources Ltd’s price range in the past 12 months?
Currently, no data Available
What is MEC Resources Ltd’s market cap?
MEC Resources Ltd’s market cap is AU$12.17M.
When is MEC Resources Ltd’s upcoming earnings report date?
MEC Resources Ltd’s upcoming earnings report date is Aug 28, 2026 which is in 187 days.
How were MEC Resources Ltd’s earnings last quarter?
MEC Resources Ltd released its earnings results on Feb 18, 2026. The company reported AU$0 earnings per share for the quarter, the consensus estimate of N/A by AU$0.
Is MEC Resources Ltd overvalued?
According to Wall Street analysts MEC Resources Ltd’s price is currently Overvalued.
Does MEC Resources Ltd pay dividends?
MEC Resources Ltd does not currently pay dividends.
What is MEC Resources Ltd’s EPS estimate?
MEC Resources Ltd’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does MEC Resources Ltd have?
MEC Resources Ltd has 1,871,989,900 shares outstanding.
What happened to MEC Resources Ltd’s price movement after its last earnings report?
MEC Resources Ltd reported an EPS of AU$0 in its last earnings report, expectations of N/A. Following the earnings report the stock price went same N/A.
Which hedge fund is a major shareholder of MEC Resources Ltd?
Currently, no hedge funds are holding shares in AU:MMR
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
MEC Resources Ltd Stock Smart Score
Underperform
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Fundamentals
Return on Equity
2.27%
Trailing 12-Months
Asset Growth
42.39%
Trailing 12-Months
Company Description
MEC Resources Ltd
MEC Resources Limited, through its subsidiaries, operates as an oil and gas exploration and development company in Australia. It holds 100% interests in the EP386 and RL1 permit located in the onshore Bonaparte basin in the Western Australia and Northern Territory respectively; and an 85% interest in the PEP11 petroleum exploration permit located in the offshore Sydney basin. The company was incorporated in 2005 and is headquartered in South Perth, Australia.
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Options Prices
Currently, No data available
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