Metals Creek Resources Inc (TSE:MEK)
:MEK
Top Page
Metals Creek Resources
(MEK)
Select Model
Select Model
Rating:41Neutral
Price Target:
C$0.03
▼(-27.50% Downside)
Action:ReiteratedDate:04/12/26
The score is primarily constrained by weak financial performance (no revenue, recurring losses, and persistent negative operating/free cash flow). Technicals are also soft with the stock below key moving averages and a negative MACD. Valuation is difficult to support due to negative earnings and no dividend yield.
Positive Factors
Low leverage / balance sheet flexibility
Very low leverage reduces financial risk and gives management flexibility to fund exploration or withstand cash burn without heavy interest expenses. Structurally, low debt preserves ability to raise capital on better terms and limits solvency pressure during multi-year exploration cycles.
Negative Factors
No revenue; recurring losses
The company generates no operating revenue and records recurring operating losses, reflecting its non‑producing status. Over the medium term this means continued reliance on capital markets; prolonged lack of commercial revenue makes sustainable profitability uncertain and increases execution risk.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage / balance sheet flexibility
Very low leverage reduces financial risk and gives management flexibility to fund exploration or withstand cash burn without heavy interest expenses. Structurally, low debt preserves ability to raise capital on better terms and limits solvency pressure during multi-year exploration cycles.
Read all positive factors
Metals Creek Resources (MEK) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$6.48M
Dividend YieldN/A
Average Volume (3M)654.00K
Price to Earnings (P/E)―
Beta (1Y)1.20
Revenue GrowthN/A
EPS Growth-122.22%
CountryCA
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding215,916,870
10 Day Avg. Volume1,017,008
30 Day Avg. Volume654,000
Financial Highlights & Ratios
PEG Ratio0.12
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., an exploration stage company, explores for mineral properties in Canada. The company primarily explores for gold, base metals, and platinum group metals. Metals Creek Resources Corp. was incorporated in 2004 and is he...
How the Company Makes Money
null...
Metals Creek Resources Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
46
Neutral
Cash Flow
18
Very Negative
| Breakdown | Dec 2025 | 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 | 139.50K | 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% | |
50 Neutral | C$11.22M | -6.86 | -12.84% | ― | ― | -255.56% | |
50 Neutral | C$5.72M | -34.40 | ― | ― | ― | 14.29% | |
48 Neutral | C$10.20M | -4.64 | -23.39% | ― | ― | -104.65% | |
41 Neutral | C$6.48M | -21.64 | -283.11% | ― | ― | -122.22% | |
41 Neutral | C$6.75M | -3.66 | -28.23% | ― | ― | -84.65% |
* Basic Materials Sector Average
TSE:MEK
Metals Creek Resources
0.03
<0.01
20.00%
TSE:ORS
Orestone Mining
0.11
0.05
110.00%
TSE:BAD
York Harbour Metals Inc
0.17
0.12
240.00%
TSE:QMC
QMC Quantum Minerals
0.06
<0.01
10.00%
TSE:LMR
Lomiko Metals
0.09
-0.05
-33.33%
TSE:HUNT
Gold Hunter Resources
0.07
-0.02
-18.75%
Metals Creek Resources Corporate Events
Business Operations and Strategy
Metals Creek Option Partner Expands Heavy Rare Earth Discoveries at Yellow Fox in Newfoundland
Positive
Apr 7, 2026
Metals Creek Resources reports that option partner Lomiko Metals has returned additional strong rare earth element assays from the Yellow Fox critical metals property in central Newfoundland, highlighting a mixed light and heavy rare earth system ...
Business Operations and StrategyPrivate Placements and Financing
Metals Creek Upsizes Private Placement to $1 Million for Canadian Gold Exploration
Positive
Apr 2, 2026
Metals Creek Resources Corp. has revised its non-brokered private placement to raise up to $1 million through a mix of flow-through and non-flow-through units, with all securities subject to a four-month hold and the financing contingent on TSX Ve...
Business Operations and StrategyPrivate Placements and Financing
Metals Creek Plans $350,000 Private Placement to Fund Ogden Gold Exploration
Positive
Apr 2, 2026
Metals Creek Resources plans to raise up to $350,000 through a non-brokered private placement of flow-through and non-flow-through units priced at $0.035, each including common shares and warrants exercisable at $0.06 for 36 months. The financing,...
Business Operations and Strategy
Metals Creek and Benton Stake Six Natural Hydrogen Projects in Newfoundland
Positive
Mar 25, 2026
Metals Creek Resources and Benton Resources have jointly staked six potential natural white hydrogen projects on Newfoundland’s west coast, securing 763 claim units in geological settings deemed prospective for hydrogen. The properties, incl...
Business Operations and Strategy
Metals Creek Advances Yellow Fox Deal as Property Grows and REE Potential Emerges
Positive
Feb 10, 2026
Metals Creek Resources has received the first anniversary cash and share payments from Lomiko Metals under the Yellow Fox property option agreement and confirmed that parallel payments have been made to the project finder. The option terms give Lo...
Business Operations and Strategy
Metals Creek Readies Fully Funded 2026 Drill Program at Ogden Gold Project
Positive
Jan 27, 2026
Metals Creek Resources has announced that it is fully funded and preparing a new drill program for the first quarter of 2026 at its 50/50 Ogden Gold Project joint venture with Discovery Silver in the Timmins Gold Camp, targeting the Thomas Ogden Z...
Business Operations and StrategyM&A Transactions
Metals Creek Sells Tillex Copper Project to Aruma to Refocus on Gold Exploration
Positive
Jan 22, 2026
Metals Creek Resources has agreed to sell its 85% interest in the Tillex Copper-Silver Project in Ontario’s Timmins mining district to Australian-listed Aruma Resources, allowing Aruma to assume full ownership of the patented claims and proc...
Business Operations and StrategyExecutive/Board Changes
Metals Creek Names New CFO and Director After Long-Serving Executive Retires
Positive
Jan 21, 2026
Metals Creek Resources Corp. has announced the retirement of long-serving director and chief financial officer Nick Tsimidis and the appointment of Kevin Ramsay as both a director and the new CFO. Ramsay, a seasoned Chartered Professional Accounta...
Business Operations and Strategy
Metals Creek’s Yellow Fox Partner Uncovers Strong Rare Earth Anomalies in Newfoundland
Positive
Jan 14, 2026
Metals Creek Resources reported that its option partner Lomiko Metals has identified multiple highly anomalous rare earth element (REE) soil anomalies at the Yellow Fox critical metals property in central Newfoundland, where Lomiko acquired the as...
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.