Melkior Resources (MKR) AI Stock Analysis

• Market Cap: C$6.29M
• Dividend Yield: N/A
• Average Volume (3M): 132.16K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.54
• Revenue Growth: N/A
• EPS Growth: 36.17%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): N/A
• Shares Outstanding: 46,600,210
• 10 Day Avg. Volume: 49,016
• 30 Day Avg. Volume: 132,155
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 54 Neutral
• Price Target: ―

Melkior Resources' score reflects its financial challenges typical of exploration-stage companies, balanced by positive technical indicators and strategic corporate developments. The strong technical performance suggests investor optimism, while strategic acquisitions and exploration initiatives may provide future upside potential. However, the lack of current revenue and negative cash flows remain significant risks.

Positive Factors

Strategic Acquisitions

The acquisition of the Turnbull Property enhances Melkior's exploration potential in a key mining region, potentially increasing future resource discoveries and partnerships, which can drive long-term growth and strengthen market position.

Innovative Exploration Techniques

By adopting innovative exploration techniques, Melkior is positioned to discover new mineral deposits, enhancing its competitive advantage and long-term growth prospects in the mining industry.

Debt-Free Balance Sheet

A debt-free balance sheet provides financial stability and flexibility, allowing Melkior to pursue strategic opportunities without the burden of interest payments, enhancing its resilience in volatile markets.

Negative Factors

Lack of Revenue Generation

The absence of revenue generation poses a challenge for financial sustainability, as it relies heavily on external financing. This can limit operational flexibility and increase risk if financing becomes constrained.

Operational Losses

Ongoing operational losses highlight inefficiencies and financial strain, potentially impacting Melkior's ability to achieve profitability. This necessitates strategic cost management and revenue generation to ensure long-term viability.

Negative Cash Flow

Sustained negative cash flow indicates reliance on external funding, which may not be sustainable long-term. This can hinder the company's ability to invest in growth initiatives and maintain operations without securing additional capital.

Melkior Resources Business Overview & Revenue Model

Company Description

Melkior Resources Inc., a junior mining exploration company, engages in the acquisition and exploration of mineral properties in Canada. The company primarily explores for gold and silver deposits, as well as base metals. Its flagship property is the Carscallen project that includes 320 claim units covering an area of approximately 47 square kilometers located to the west of Timmins, Ontario. Melkior Resources Inc. was founded in 1986 and is headquartered in Timmins, Canada.

How the Company Makes Money

Melkior Resources generates revenue primarily through the exploration and development of its mineral properties, which can eventually lead to the discovery of economically viable mineral deposits. Once such deposits are identified, the company can either proceed to develop the mines themselves, which involves extracting and selling the minerals, or enter into joint ventures and partnerships with larger mining companies who have the capital and expertise to bring the project to production. These partnerships often involve upfront payments, milestone payments, and royalty agreements, providing Melkior with a share of the profits from the mined resources. Additionally, the company may raise capital through equity financing, such as issuing new shares, to fund its exploration and operational activities. However, as a junior exploration company, Melkior Resources may not generate significant revenue until its projects reach more advanced stages of development.

Melkior Resources Financial Statement Overview

Summary

Melkior Resources shows a typical profile for an early-stage mining company with no revenue generation and substantial operational expenses leading to consistent net losses. Despite a strong equity position and zero debt indicating stability, the ongoing negative cash flows highlight reliance on external financing.

Income Statement

Melkior Resources has not generated any revenue over the reported periods, which is typical for early-stage mining companies yet presents a challenge for financial sustainability. The consistent negative EBIT and EBITDA margins indicate ongoing operational losses, reflecting high operational costs without corresponding income.

Balance Sheet

The company maintains a strong equity position with zero debt, resulting in a favorable debt-to-equity ratio of 0. The high equity ratio indicates stability and low financial risk. However, the lack of revenue generation could challenge future liquidity if assets are not monetized.

Cash Flow

Melkior Resources exhibits negative free cash flow, reflecting significant cash outflows relative to inflows, largely due to high capital expenditures and operating losses. The lack of revenue generation impacts cash flow sustainability, although the company has been able to secure financing to support operations.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00	0.00
Gross Profit	0.00	0.00	0.00	0.00	0.00	0.00
EBITDA	-268.26K	-10.59K	-109.00K	-331.00K	24.80K	-669.00K
Net Income	-210.36K	-10.59K	-150.00K	-331.00K	24.80K	-636.00K
Balance Sheet
Total Assets	16.08M	16.01M	15.76M	14.65M	13.81M	12.38M
Cash, Cash Equivalents and Short-Term Investments	1.14M	1.99M	2.25M	2.69M	2.25M	863.86K
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00
Total Liabilities	178.85K	158.26K	301.91K	349.69K	31.98K	281.73K
Stockholders Equity	15.90M	15.85M	15.46M	14.30M	13.78M	12.09M
Cash Flow
Free Cash Flow	-187.66K	-186.00K	-262.08K	-574.54K	-1.21M	-867.56K
Operating Cash Flow	-110.10K	-186.00K	-262.08K	-265.92K	-444.01K	-221.00K
Investing Cash Flow	-172.60K	-513.04K	-1.29M	-172.46K	142.54K	-278.55K
Financing Cash Flow	206.20K	438.30K	1.38M	835.05K	1.81M	0.00

Melkior Resources Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.14
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:MKR, the sentiment is Positive. The current price of 0.14 is above the 20-day moving average (MA) of 0.14, above the 50-day MA of 0.13, and above the 200-day MA of 0.14, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 54.56 is Neutral, neither overbought nor oversold. The STOCH value of 50.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:MKR.

Melkior Resources Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
MKR	54 Neutral	C$6.29M	-3.94	―	―	―	36.17%
VERT	50 Neutral	C$6.88M	-16.67	-8.37%	―	―	38.78%
HAR	49 Neutral	C$7.47M	-2.90	-19.36%	―	―	7.28%
NLR	47 Neutral	C$5.94M	-2.10	-284.00%	―	―	-202.42%
GRAT	30 Underperform	C$6.01M	-1.80	―	―	―	―

Melkior Resources Corporate Events

Melkior Resources to Expand Drilling at Carscallen Gold Property

Melkior Resources Inc. has announced a follow-up exploration drilling program at its Carscallen Gold Property in Timmins, Ontario. This program aims to expand the strike and down-dip continuities of the 1010 Zone structural corridor, including the exploration of new opportunities at the Northwest Prospect. The drilling initiative seeks to build on previous successful results, which included a significant gold intercept, and aims to further explore the Zam Zam and Shenkman Zones. The program’s success could enhance Melkior’s positioning in the gold exploration sector by potentially uncovering new high-grade gold zones, thereby benefiting stakeholders and advancing the company’s exploration goals.