Micromem Technologies Inc (TSE:MRM)
:MRM
MRM Stock Chart & Stats
C$0.04
<C$0.01(8.33%)
At close: 4:00 PM EST
C$0.04
<C$0.01(8.33%)
Day’s Range― - ―
52-Week RangeC$0.03 - C$0.09
Previous CloseN/A
Volume140.95K
Average Volume (3M)142.41K
Market Cap
C$24.91M
Enterprise ValueC$21.47M
Total Cash (Recent Filing)C$221.56K
Total Debt (Recent Filing)C$3.71M
Price to Earnings (P/E)―
Beta0.25
Next Earnings
Jul 01, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)N/A
Shares Outstanding622,646,000
10 Day Avg. Volume61,390
30 Day Avg. Volume142,411
Financial Highlights & Ratios
PEG Ratio0.35
Price to Book (P/B)-3.41
Price to Sales (P/S)0.00
P/FCF Ratio-14.41
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
Diversified Industrial Sensor FocusMicromem’s core expertise in sensor-based solutions across oil & gas, utilities, automotive and healthcare provides durable demand exposure to industrial automation and IoT trends. Multi-industry applicability reduces single-market risk and supports multiple paths to commercialization over months.
Partnerships, Licensing And Contract Revenue ModelA business model centered on R&D contracts, licensing and long-term partner agreements can produce recurring and higher-margin revenue once scaled. Strategic partnerships extend distribution, share development costs, and provide technical validation that supports sustainable commercial adoption.
Recent Financing Supports Near-term OperationsFresh private placements provide immediate liquidity to continue R&D, prototype work and partner engagements. While not a cure-all, available capital reduces near-term insolvency risk and buys runway to achieve milestones that could unlock longer-term commercial contracts.
Bears Say
No Reported Revenue; Recurring LossesThe absence of reported revenue and recurring TTM net losses indicate the company has not yet proven commercial traction. This structural profitability gap constrains reinvestment, delays scaling, and makes achieving sustained operating margins dependent on successful product commercialization.
Highly Stressed Balance SheetNegative equity and meaningful debt relative to a very small asset base materially limit financial flexibility. Solvency pressure raises refinancing risk and increases the cost of capital, constraining the company’s ability to fund scaling, secure contracts, or absorb operational setbacks.
Consistent Cash Burn And Funding DependencePersistent negative operating and free cash flow requires repeated external funding, creating dilution risk and execution uncertainty. Dependence on financing diverts management focus and limits strategic flexibility until the firm demonstrates sustainable positive cash generation from customers.
Micromem Technologies News
MRM FAQ
What was Micromem Technologies Inc’s price range in the past 12 months?
Micromem Technologies Inc lowest stock price was C$0.03 and its highest was C$0.09 in the past 12 months.
What is Micromem Technologies Inc’s market cap?
Micromem Technologies Inc’s market cap is C$24.91M.
When is Micromem Technologies Inc’s upcoming earnings report date?
Micromem Technologies Inc’s upcoming earnings report date is Jul 01, 2026 which is in 83 days.
How were Micromem Technologies Inc’s earnings last quarter?
Currently, no data Available
Is Micromem Technologies Inc overvalued?
According to Wall Street analysts Micromem Technologies Inc’s price is currently Overvalued.
Does Micromem Technologies Inc pay dividends?
Micromem Technologies Inc does not currently pay dividends.
What is Micromem Technologies Inc’s EPS estimate?
Micromem Technologies Inc’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Micromem Technologies Inc have?
Micromem Technologies Inc has 622,646,000 shares outstanding.
What happened to Micromem Technologies Inc’s price movement after its last earnings report?
Currently, no data Available
Which hedge fund is a major shareholder of Micromem Technologies Inc?
Currently, no hedge funds are holding shares in TSE:MRM
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
Micromem Technologies Inc
Micromem Technologies Inc., through its subsidiary, Micromem Applied Sensor Technology, Inc., develops and markets customized sensor applications based on its proprietary technology in Canada and internationally. It serves companies in various industry segments, including defense, life sciences, automotive, consumer, and mining. The company was formerly known as Avanti Corp International Inc. and changed its name to Micromem Technologies Inc. in January 1999. Micromem Technologies Inc. was incorporated in 1985 and is headquartered in Toronto, Canada.
Technical Analysis
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Options Prices
Currently, No data available
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