Minaean SP Construction (MSP) AI Stock Analysis

• Market Cap: C$10.94M
• Dividend Yield: N/A
• Average Volume (3M): 204.40K
• Price to Earnings (P/E): 10.8
• Beta (1Y): -1.51
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: CA
• Employees: N/A
• Sector: N/A
• Sector Strength: N/A
• Industry: Engineering & Construction
• EPS (TTM): >-0.01
• Shares Outstanding: 24,316,977
• 10 Day Avg. Volume: 59,710
• 30 Day Avg. Volume: 204,398
• PEG Ratio: >-0.01
• Price to Book (P/B): -2.65
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 66.22
• 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: 21 Underperform
• Price Target: ―

Minaean SP Construction's financial performance is highly concerning, with severe revenue drops and potential solvency issues being the most significant factors impacting its score. Technical analysis supports a bearish outlook, and valuation metrics reflect negative earnings and lack of investor incentives. These factors collectively suggest a very low overall stock score.

Minaean SP Construction Business Overview & Revenue Model

Company Description

Minaean SP Construction Corp., through its subsidiaries, provides general contracting services to the construction industry in Canada. The company provides Light Gauge Steel technology, a cold formed galvanized steel that comes in a coil form to produce a range of uniform shapes and products; Vesta Quik-Build System that utilizes corrugated load-bearing light gauge steel panels; the Artisan Quik-Build System, a building technology, which uses an engineered floor and steel framed wall system to construct buildings; and Modular Quik-Build System, a prefabricated system of constructing a building in modules in a factory. It also offers contracting services, including engineering, procurement, and construction, as well as design-build services in the residential, commercial, industrial, healthcare, and hospitality sectors; and consulting services for large scale construction projects. The company was formerly known as Minaean International Corp. and changed its name to Minaean SP Construction Corp. in August 2015. Minaean SP Construction Corp. was incorporated in 1998 and is headquartered in Vancouver, Canada.

How the Company Makes Money

Minaean SP Construction (MSP) makes money through its construction contracts and projects, which form the core of its revenue model. The company engages in the construction of various infrastructure projects, including residential buildings, commercial spaces, and industrial facilities. MSP earns revenue by providing end-to-end construction services, from design and engineering to project management and execution. The company may also generate income through strategic partnerships and collaborations with other construction firms and developers, enhancing its capacity to undertake large-scale projects. Additionally, MSP's focus on sustainable building practices and prefabrication methods can lead to cost savings and increased profitability, further contributing to its earnings.

Minaean SP Construction Financial Statement Overview

Summary

Income Statement

Balance Sheet

Cash Flow

Breakdown
Income Statement
Total Revenue
Gross Profit
EBITDA
Net Income
Balance Sheet
Total Assets
Cash, Cash Equivalents and Short-Term Investments
Total Debt
Total Liabilities
Stockholders Equity
Cash Flow
Free Cash Flow
Operating Cash Flow
Investing Cash Flow
Financing Cash Flow

Minaean SP Construction Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.37
• 50DMA: Positive
• 100DMA: Positive
• 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:MSP, the sentiment is Positive. The current price of 0.37 is above the 20-day moving average (MA) of 0.30, above the 50-day MA of 0.24, and above the 200-day MA of 0.21, indicating a bullish trend. The MACD of 0.06 indicates Negative momentum. The RSI at 60.56 is Neutral, neither overbought nor oversold. The STOCH value of 69.70 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:MSP.

Minaean SP Construction Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	―	―	―	―	―	―	―
BDT	69 Neutral	C$1.61B	17.19	21.68%	2.89%	6.26%	0.52%
BDGI	67 Neutral	C$2.49B	29.24	22.05%	1.01%	13.02%	52.88%
ARE	65 Neutral	C$1.99B	240.43	0.92%	2.50%	25.68%	―
AEP	50 Neutral	C$42.64M	-73.56	-1.07%	―	9.30%	-151.79%
DRT	42 Neutral	C$180.32M	-17.68	-18.77%	―	-2.73%	-155.71%
MSP	21 Underperform	C$10.94M	10.80	―	―	―	―

Minaean SP Construction Corporate Events

Minaean SP Construction Launches $600,000 Private Placement

Minaean SP Construction Corp. announced a private placement of up to 60,000,000 common shares at $0.01 per share, aiming to raise up to $600,000. The funds will be allocated with 25% for general working capital and 75% for business purposes and exploring new opportunities, pending TSX Venture Exchange approval.

Spark’s Take on TSE:MSP Stock

According to Spark, TipRanks’ AI Analyst, TSE:MSP is a Underperform.

Minaean SP Construction’s overall stock score is considerably low at 18, primarily due to severe financial distress characterized by zero revenue and significant losses. Technical indicators suggest neutral market momentum, but are insufficient to offset financial weaknesses. The negative P/E ratio and absence of a dividend yield further detract from the stock’s attractiveness.

To see Spark’s full report on TSE:MSP stock, click here.

Minaean SP Construction Announces Key Appointments and AGM Voting Results

Minaean SP Construction Corp. held its Annual General Meeting on March 25, 2025, in Vancouver, where shareholders voted to appoint four directors and re-appoint Davidson & Company LLP as auditors. Additionally, Mervyn Pinto was appointed as CEO, CFO, President, and Corporate Secretary, while Haneef Esmail was named Chairman of the Board. These appointments and approvals are expected to influence the company’s strategic direction and governance structure.

Bristol Management Limited Acquires Majority Stake in Minaean SP Construction

Minaean SP Construction Corporation, listed on the TSX Venture Exchange, has announced a significant change in its ownership structure. Bristol Management Limited has acquired 31,343,819 common shares from Shapoorji Pallonji International FZC and Fali Vajifdar, resulting in Bristol holding 51.3% of the company’s shares. This acquisition marks a shift in control and could influence the company’s strategic direction, as Bristol has expressed a long-term investment interest and may adjust its holdings based on market conditions.