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Metals Creek Resources
(MEK)
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Rating:47Neutral
Price Target:
C$0.05
▲(35.00% Upside)
Action:Reiterated
Date:07/16/26
The score is held down primarily by weak financial performance (no revenue, ongoing losses, and persistent cash burn), with only partial offset from a low-debt balance sheet. Technicals are moderately positive (price above key long-term averages and positive MACD), but valuation remains unattractive/unclear due to negative earnings and no dividend support.
Positive Factors
Low Financial Leverage
Near-zero debt materially reduces fixed financing obligations and bankruptcy risk for an exploration-stage miner. This durable strength preserves strategic optionality to pursue partner-funded deals or staged programs without immediate debt service, improving long-term flexibility.
Negative Factors
No Revenue / Negative Gross Profit
As an exploration issuer with no operating revenue, the company cannot self-fund operations from sales. Persistent negative gross profit means long-term value depends on successful exploration or third-party transactions, increasing execution risk and uncertainty for investors.
Read all positive and negative factors
Positive Factors
Negative Factors
Low Financial Leverage
Near-zero debt materially reduces fixed financing obligations and bankruptcy risk for an exploration-stage miner. This durable strength preserves strategic optionality to pursue partner-funded deals or staged programs without immediate debt service, improving long-term flexibility.
Read all positive factors
Metals Creek Resources (MEK) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$13.04M
Dividend YieldN/A
Average Volume (3M)654.00K
Price to Earnings (P/E)―
Beta (1Y)0.49
Revenue GrowthN/A
EPS Growth58.82%
CountryCA
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding237,096,860
10 Day Avg. Volume1,017,008
30 Day Avg. Volume654,000
Financial Highlights & Ratios
PEG Ratio0.32
Price to Book (P/B)8.11
Price to Sales (P/S)0.00
P/FCF Ratio-7.61
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
Metals Creek Resources Business Overview & Revenue Model
Company Description
Metals Creek Resources Corp. is a mineral exploration firm that conducts prospecting activities throughout Canada. The company primarily targets deposits of gold, base metals, and platinum group metals. Established in 2004, its corporate headquart...
How the Company Makes Money
Metals Creek Resources does not typically generate recurring operating revenue from selling products or services in the way a producing mining company would. Instead, as an exploration-stage issuer, it generally funds its activities through capita...
Metals Creek Resources Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
54
Neutral
Cash Flow
18
Very Negative
| Breakdown | Mar 2026 | Dec 2024 | Dec 2023 | Mar 2023 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -6.74K | -19.04K | -27.82K | -33.31K | -26.83K |
| EBITDA | -774.71K | -707.00K | -563.00K | -6.22M | -1.06M |
| Net Income | -488.15K | -691.00K | -922.00K | -5.93M | -327.00K |
Balance Sheet | |||||
| Total Assets | 1.00M | 710.14K | 9.02M | 9.47M | 15.18M |
| Cash, Cash Equivalents and Short-Term Investments | 808.71K | 96.67K | 144.06K | 778.40K | 1.59M |
| Total Debt | 0.00 | 0.00 | 10.22K | 22.40K | 34.31K |
| Total Liabilities | 292.49K | 308.38K | 143.38K | 204.06K | 829.17K |
| Stockholders Equity | 710.72K | 401.76K | 8.88M | 9.26M | 14.35M |
Cash Flow | |||||
| Free Cash Flow | -757.35K | -783.24K | -895.46K | -3.14M | -3.84M |
| Operating Cash Flow | -757.35K | -783.24K | -584.50K | -831.60K | -468.87K |
| Investing Cash Flow | 141.60K | 253.69K | -151.40K | -2.13M | -3.24M |
| Financing Cash Flow | 588.52K | 545.01K | 555.86K | 2.36M | 4.23M |
Metals Creek Resources Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
47 Neutral | C$13.04M | -39.29 | -283.11% | ― | ― | 58.82% | |
46 Neutral | C$11.52M | -2.40 | -23.39% | ― | ― | -103.89% | |
45 Neutral | C$9.45M | -8.02 | -12.84% | ― | ― | -212.50% | |
44 Neutral | C$6.00M | -1.08 | -28.23% | ― | ― | -106.55% | |
42 Neutral | C$3.64M | -80.00 | ― | ― | ― | 58.33% |
* Basic Materials Sector Average
TSE:MEK
Metals Creek Resources
0.06
0.04
175.00%
TSE:ORS
Orestone Mining
0.09
<0.01
5.88%
TSE:BAD
York Harbour Metals Inc
0.11
0.05
83.33%
TSE:QMC
QMC Quantum Minerals
0.04
-0.02
-30.00%
TSE:LMR
Lomiko Metals
0.08
-0.05
-40.00%
TSE:HUNT
Gold Hunter Resources
0.04
-0.02
-33.33%
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.