MEC Resources Ltd (AU:MMR)
ASX:MMR
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MEC Resources Ltd
(Sydney:MMR)
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Rating:45Neutral
Price Target:―
Action:ReiteratedDate:12/30/25
The score is driven primarily by weak operating fundamentals and recurring negative operating cash flow, despite a substantially improved capital structure from debt elimination. Technical and valuation inputs were not provided, limiting insight beyond the financial statement picture.
Positive Factors
Debt Elimination
Eliminating debt significantly reduces financial risk and increases flexibility, allowing MEC Resources to focus on strategic investments and growth.
Negative Factors
Negative Cash Flow
Persistent 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.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt Elimination
Eliminating debt significantly reduces financial risk and increases flexibility, allowing MEC Resources to focus on strategic investments and growth.
Read all positive factors
MEC Resources Ltd (MMR) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$7.49M
Dividend YieldN/A
Average Volume (3M)N/A
Price to Earnings (P/E)―
Beta (1Y)-0.12
Revenue GrowthN/A
EPS GrowthN/A
CountryAU
EmployeesN/A
SectorEnergy
Sector Strength52
IndustryOil & Gas Exploration & Production
Share Statistics
EPS (TTM)0.00
Shares Outstanding1,871,989,900
10 Day Avg. VolumeN/A
30 Day Avg. VolumeN/A
Financial Highlights & Ratios
PEG Ratio-0.37
Price to Book (P/B)0.83
Price to Sales (P/S)0.00
P/FCF Ratio-11.64
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
MEC Resources Ltd Business Overview & Revenue Model
Company Description
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 N...
How the Company Makes Money
MEC Resources Ltd makes money primarily through its strategic investments in early-stage companies within the oil, gas, and mineral exploration sectors. The company generates revenue by acquiring equity in these ventures, and its earnings potentia...
MEC Resources Ltd Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
62
Positive
Cash Flow
24
Negative
| Breakdown | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 0.00 | 0.00 | -1.54K | -446.00 | 0.00 |
| EBITDA | -523.42K | -229.93K | -362.74K | -712.00K | -995.81K |
| Net Income | 207.49K | -492.53K | -480.44K | -1.24M | -1.03M |
Balance Sheet | |||||
| Total Assets | 11.71M | 8.23M | 18.85M | 20.59M | 9.00M |
| Cash, Cash Equivalents and Short-Term Investments | 2.04M | 221.36K | 1.61M | 2.42M | 130.52K |
| Total Debt | 0.00 | 498.84K | 7.24M | 8.30M | 872.74K |
| Total Liabilities | 554.38K | 1.14M | 8.46M | 9.79M | 1.72M |
| Stockholders Equity | 11.16M | 7.08M | 10.39M | 10.80M | 7.28M |
Cash Flow | |||||
| Free Cash Flow | -794.54K | -159.45K | 1.98M | -3.55M | -350.58K |
| Operating Cash Flow | -794.54K | -159.45K | -166.91K | -219.27K | -350.58K |
| Investing Cash Flow | -750.00K | 0.00 | 1.90K | -3.33M | 42.76K |
| Financing Cash Flow | 3.36M | 157.30K | 377.15K | 5.12M | 0.00 |
MEC Resources Ltd Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
52 Neutral | AU$12.12M | -0.59 | -141.31% | ― | ― | -36.92% | |
49 Neutral | AU$9.36M | -4.65 | -1.51% | ― | 12.37% | 66.67% | |
47 Neutral | AU$11.03M | -2.52 | -7.60% | ― | ― | 16.52% | |
45 Neutral | AU$7.49M | -5.42 | 1.46% | ― | ― | ― | |
44 Neutral | AU$7.78M | -1.23 | 759.48% | ― | ― | ― |
* Energy Sector Average
AU:MMR
MEC Resources Ltd
―
―
―
AU:QEM
QEM Limited
0.04
-0.01
-22.64%
AU:GGE
Grand Gulf Energy Limited
―
―
―
AU:BTM
Intra Energy Corporation Limited
0.14
0.07
91.78%
AU:GAS
State Gas Ltd.
0.03
0.00
0.00%
AU:TEG
Triangle Energy (Global) Limited
―
―
―
MEC Resources Ltd Corporate Events
MEC Resources Urges Shareholders to Act on Low-Cost Options Offer Before January Deadline
Dec 24, 2025
MEC Resources Ltd has reminded eligible shareholders that its options placement offer, lodged earlier this month, remains open until 20 January 2026, giving investors a low-cost opportunity to maintain or increase exposure to the company’s e...
MEC Resources Ltd Updates Director’s Interest Notice
Dec 12, 2025
MEC Resources Ltd has announced a change in the director’s interest notice, specifically regarding David Leslie Breeze. The update details the acquisition of options by Mr. Breeze through entities where he holds directorship and shares, incl...
MEC Resources Ltd Announces New Securities Issue
Dec 9, 2025
MEC Resources Ltd has announced a non-pro rata offer of securities, with options issued at $0.001 and an expiry of 12 months from the issue date. The maximum number of securities to be issued is 373,535,605, with a closing date for acceptances on ...
MEC Resources Ltd Announces New Options Placement
Dec 2, 2025
MEC Resources Ltd is offering up to 359,162,152 New Options at a price of $0.001 per option, aiming to raise approximately $359,162. Additionally, 14,373,453 New Options are being offered to Directors or their nominees. The company emphasizes that...
MEC Resources Ltd Successfully Passes All Resolutions at 2025 AGM
Nov 27, 2025
MEC Resources Ltd announced the results of its 2025 Annual General Meeting, where all six resolutions were passed. The resolutions included the adoption of the remuneration report, re-election of a director, and approvals for issuing new options. ...
Australia Faces Urgent Gas Supply Challenges Amid Regulatory Hurdles
Nov 27, 2025
MEC Resources Ltd highlights the critical state of Australia’s gas supply, emphasizing the need for efficient and timely development of gas resources to ensure long-term energy security. The Australian Competition and Consumer Commission (AC...
MEC Resources Announces Director’s Change in Securities Interest
Nov 21, 2025
MEC Resources Ltd has announced a change in the interest of its director, David Leslie Breeze, in the company’s securities. The change involves the expiry of 8,024,224 quoted options held by Breeze as of November 21, 2025, resulting in no op...
MEC Resources Ltd Reports Strategic Investments and Operational Updates for Q3 2025
Oct 31, 2025
MEC Resources Ltd has provided its quarterly update for the period ending September 30, 2025, highlighting several corporate and operational developments. The company has advanced $500,000 to Advent Energy Ltd as part of a larger investment plan, ...
MEC Resources Ltd Announces Digital-Only Annual General Meeting
Oct 28, 2025
MEC Resources Ltd has announced its Annual General Meeting (AGM) for shareholders, scheduled for November 27, 2025, at its South Perth office. The company will not issue physical copies of the meeting notice, instead providing all materials electr...
MEC Resources Announces 2025 Annual General Meeting
Oct 28, 2025
MEC Resources Limited has announced its upcoming Annual General Meeting, scheduled for November 27, 2025, in South Perth, Western Australia. Shareholders are encouraged to participate either in person or by proxy, with voting rights and procedures...
MEC Resources Announces Expiry and Renewal of Options
Oct 26, 2025
MEC Resources Ltd, listed on the ASX under the code MMR, has announced the expiry of 373,535,605 quoted options, which are currently out of the money. The options, exercisable at $0.03, will expire on November 21, 2025, with official trading ceasi...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.