Morien Resources (MOX) AI Stock Analysis

• Market Cap: C$16.41M
• Dividend Yield: N/A
• Average Volume (3M): 15.61K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.93
• Revenue Growth: -91.44%
• EPS Growth: -103.39%
• Country: CA
• Employees: 6
• Sector: Energy
• Sector Strength: 47
• Industry: Coal
• EPS (TTM): -0.01
• Shares Outstanding: 51,292,000
• 10 Day Avg. Volume: 5,700
• 30 Day Avg. Volume: 15,605
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.00
• Price to Cash Flow (P/CF): 0.00
• P/FCF Ratio: 0.00
• 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

Morien Resources faces significant financial challenges, with declining revenues, consistent losses, and negative cash flows. Despite a strong equity position and no debt, these issues heavily weigh down the stock's appeal. The technical analysis shows mixed signals, offering some short-term optimism but no clear direction. Valuation metrics further underscore financial struggles, with a negative P/E ratio and no dividend yield. However, the company's future prospects could improve due to favorable government policies promoting resource development.

Morien Resources Business Overview & Revenue Model

Company Description

Morien Resources Corp. (MOX) is a Canada-based mining development company focused on the acquisition, exploration, and development of natural resource projects. The company primarily operates within the coal and industrial mineral sectors, leveraging its strategic investments to maximize shareholder value through the development of its core assets.

How the Company Makes Money

Morien Resources generates revenue through royalty interests and the development of its mineral properties. The company's key revenue streams include royalties from the production of its coal assets, notably the Donkin Coal Project in Nova Scotia. Morien earns a production royalty from this project, which provides a percentage of the revenue generated from coal sales. Additionally, the company benefits from strategic partnerships and agreements with operating partners who manage the day-to-day mining operations, allowing Morien to focus on optimizing its investment portfolio and expanding its asset base.

Morien Resources Financial Statement Overview

Summary

Morien Resources is facing financial challenges, with declining revenues and consistent losses over recent years. While the company has no debt and maintains a strong equity position, ongoing net losses and negative cash flows highlight operational inefficiencies and liquidity concerns. The company must focus on improving revenue and operational efficiency to stabilize its financial health.

Income Statement

Morien Resources has faced declining revenues and continuous losses over the years, with a significant drop in revenue from 2023 to 2024. The gross profit margin remained consistent at 100% due to the absence of cost of goods sold, but the net profit margin was deeply negative in recent years, indicating ongoing financial struggles. The EBIT and EBITDA margins are also negative, reflecting operational inefficiencies.

Balance Sheet

The company maintains a strong equity position with no debt, leading to a debt-to-equity ratio of zero. However, the return on equity is negative due to net losses. The equity ratio is moderately high, indicating a reliance on equity financing. Despite a shrinking asset base, the company has managed to maintain a stable balance sheet relative to liabilities.

Cash Flow

The cash flow statements show negative operating cash flows in recent years, with significant fluctuations in free cash flow. The free cash flow to net income ratio is negative, reflecting the company's inability to generate positive cash flow from operations. Despite a cash infusion from investing activities in 2024, the overall cash flow situation remains strained.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
82.37K	962.28K	173.25K	60.78K	249.24K
	Gross Profit
82.37K	962.28K	173.25K	60.78K	249.24K
	EBIT
-750.12K	-334.69K	-543.62K	-537.87K	-560.83K
	EBITDA
-878.29K	-375.82K	0.00	0.00	0.00
	Net Income Common Stockholders
-613.20K	-307.69K	-545.12K	-364.87K	-560.83K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
1.07M	1.38M	1.26M	2.32M	2.65M
	Total Assets
1.21M	1.47M	1.48M	2.36M	2.72M
	Total Debt
0.00	0.00	0.00	0.00	0.00
	Net Debt
-477.42K	-373.11K	-276.73K	-1.23M	-1.75M
	Total Liabilities
946.72K	815.07K	697.20K	566.36K	452.63K
	Stockholders Equity
267.70K	651.25K	787.25K	1.79M	2.27M
Cash Flow		Free Cash Flow
-487.64K	391.06K	-694.25K	-396.44K	-35.45K
	Operating Cash Flow
-487.64K	391.06K	-694.25K	-396.44K	-35.45K
	Investing Cash Flow
590.93K	20.29K	132.84K	157.00	-867.66K
	Financing Cash Flow
0.00	-313.85K	-456.38K	-118.58K	-563.17K

Morien Resources Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.32
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:MOX, the sentiment is Positive. The current price of 0.32 is above the 20-day moving average (MA) of 0.28, above the 50-day MA of 0.28, and above the 200-day MA of 0.28, indicating a bullish trend. The MACD of 0.01 indicates Negative momentum. The RSI at 57.85 is Neutral, neither overbought nor oversold. The STOCH value of 80.95 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:MOX.

Morien Resources Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	56 Neutral	$6.93B	3.23	-4.86%	5.94%	0.12%	-48.32%
REVV	54 Neutral	C$13.40M	42.59	-0.83%	―	184.70%	―
MOX	47 Neutral	C$16.41M	―	-133.46%	―	-91.44%	-103.39%
SME	40 Underperform	C$14.30M	1.16	59.94%	―	―	―
CAD	39 Underperform	C$317.99M	―	-40.55%	―	―	18.81%
PTU	38 Underperform	C$14.14M	―	-160.61%	―	―	16.77%

Morien Resources Corporate Events

Morien Resources Applauds Nova Scotia’s Pro-Resource Agenda

Morien Resources Corp. has expressed approval of the Nova Scotia Government’s renewed commitment to the natural resource sector, as detailed in Premier Tim Houston’s recent letter outlining his second-term governance strategy. The Premier aims to enhance self-reliance by exploiting opportunities in energy and minerals, emphasizing a need to expedite project approvals and reverse outright bans, which is expected to benefit companies like Morien in the resource-rich province.