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MEX Stock Chart & Stats
C$0.16
C$0.00(0.00%)
At close: 4:00 PM EST
C$0.16
C$0.00(0.00%)
Day’s Range― - ―
52-Week RangeC$0.07 - C$0.40
Previous CloseN/A
Volume56.00K
Average Volume (3M)134.15K
Market Cap
C$6.59M
Enterprise ValueC$3.52
Total Cash (Recent Filing)C$671.40K
Total Debt (Recent Filing)C$0.00
Price to Earnings (P/E)―
Beta-0.15
Next Earnings
Oct 28, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.04
Shares Outstanding24,729,498
10 Day Avg. Volume176,076
30 Day Avg. Volume134,147
Financial Highlights & Ratios
PEG Ratio0.26
Price to Book (P/B)92.53
Price to Sales (P/S)0.00
P/FCF Ratio-3.70
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
Bulls Say, Bears Say
Bulls Say
Debt-free Balance SheetA zero total debt position materially reduces solvency and interest burden risks for an exploration-stage miner. Without leverage, management can pursue drilling and permitting with lower bankruptcy risk, preserving optionality until projects can generate revenue.
Improving Cash-burn TrajectoryAlthough still negative, operating and free cash flow have improved versus earlier periods, indicating better cost control or more efficient capital deployment. A declining burn rate extends runway and reduces near-term financing frequency, supporting longer-term project development.
Equity Base Increased (capital Access)A meaningful rise in reported equity suggests the company has been able to access capital (likely via equity issuance). For pre-revenue explorers, demonstrated access to equity markets is a durable strength that enables continued exploration spending without adding debt.
Bears Say
Pre-revenue StatusThe company remains pre-revenue with no sales history, which means long-term value depends entirely on exploration success and eventual resource monetization. This structural lack of operating revenue increases execution risk and delays any sustainable profit generation.
Persistent Losses And Negative FCFOngoing negative net income and materially negative free cash flow indicate the business consumes capital to operate. Over time this erodes shareholder value unless exploration converts into a sellable or mineable asset; continued losses necessitate frequent financing rounds.
Consistently Negative ROE / Equity ErosionNegative and persistent ROE shows the company is destroying shareholder capital rather than compounding it. Even with no debt, sustained negative returns mean equity dilution or write-down risk remains high until operations shift to profitable or value-accretive stages.
Mexican Gold Corp News
MEX FAQ
What was Mexican Gold Corp’s price range in the past 12 months?
Mexican Gold Corp lowest stock price was C$0.07 and its highest was C$0.40 in the past 12 months.
What is Mexican Gold Corp’s market cap?
Mexican Gold Corp’s market cap is C$6.59M.
When is Mexican Gold Corp’s upcoming earnings report date?
Mexican Gold Corp’s upcoming earnings report date is Oct 28, 2026 which is in 95 days.
How were Mexican Gold Corp’s earnings last quarter?
Mexican Gold Corp released its earnings results on May 29, 2026. The company reported -C$0.029 earnings per share for the quarter, missing the consensus estimate of N/A by N/A.
Is Mexican Gold Corp overvalued?
According to Wall Street analysts Mexican Gold Corp’s price is currently Overvalued.
Does Mexican Gold Corp pay dividends?
Mexican Gold Corp does not currently pay dividends.
What is Mexican Gold Corp’s EPS estimate?
Mexican Gold Corp’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Mexican Gold Corp have?
Mexican Gold Corp has 24,729,498 shares outstanding.
What happened to Mexican Gold Corp’s price movement after its last earnings report?
Mexican Gold Corp reported an EPS of -C$0.029 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went up 8.543%.
Which hedge fund is a major shareholder of Mexican Gold Corp?
Currently, no hedge funds are holding shares in TSE:MEX
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
Company Description
Mexican Gold Corp
Mexican Gold Mining Corp. (MEX.V) operates as a mineral exploration enterprise, concentrating its efforts on discovering, securing, and assessing potential resource sites throughout Mexico. Its primary objective involves identifying gold and copper reserves. The firm holds outright ownership of the Las Minas project, which comprises six mineral concessions situated in the Las Minas district within Veracruz, Mexico. The company, established in 2006 and headquartered in Vancouver, Canada, rebranded from its former name, Mexican Gold Corp., to Mexican Gold Mining Corp. in February 2020.
Technical Analysis
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