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Meryllion Resources (MYR) Price & Analysis

2 Followers

MYR Stock Chart & Stats

C$0.06

C$0.00(0.00%)

At close: Dec 23 4:00 PM EST

C$0.06

C$0.00(0.00%)

Day’s Range― - ―

52-Week RangeC$0.02 - C$0.15

Previous CloseN/A

Volume0.00

Average Volume (3M)115.41K

Market Cap

C$2.61M

Enterprise ValueC$2.80M

Total Cash (Recent Filing)C$1.32K

Total Debt (Recent Filing)C$157.27K

Price to Earnings (P/E)―

Beta-0.66

Next Earnings

Aug 20, 2026

EPS EstimateN/A

Next Dividend Ex-DateN/A

Dividend YieldN/A

Share Statistics

EPS (TTM)-0.01

Shares Outstanding87,058,790

10 Day Avg. Volume331,131

30 Day Avg. Volume115,409

Financial Highlights & Ratios

PEG Ratio0.26

Price to Book (P/B)13.16

Price to Sales (P/S)0.00

P/FCF Ratio-3.84

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

Improved LeverageReducing debt and materially rebuilding equity lowered leverage to ~0.35, improving financial flexibility and reducing near-term refinancing pressure. This stronger capital structure extends runway and supports strategic optionality over the next several quarters if losses persist.

Asset Base ExpansionA larger asset base suggests increased resources or capitalized investments that can be deployed for development or collateralized financing. Sustained asset growth can support scaling or project execution if management converts assets into productive capacity or monetizable resources.

Cash-flow Conversion ClarityFree cash flow closely tracking accounting losses indicates limited large noncash adjustments; this transparency makes cash forecasting more reliable. If operating performance improves, cash flow should improve in step, aiding credit assessments and capital planning over months.

Bears Say

No RevenueAbsence of revenue is a structural deficiency: without sales the firm lacks an inherent path to profitability. Persistent operating losses consume capital, forcing reliance on external financing or dilution and making sustainable recovery contingent on establishing consistent revenue streams.

Negative Operating Cash FlowMeaningful negative operating and free cash flows show the business is not self-funding and is burning cash. Over a multi-month horizon this increases financing risk, limits reinvestment in operations, and elevates the chance of dilution or restructuring if cash burn persists.

Negative Returns On EquityNegative ROE signals ongoing equity value erosion from losses; if sustained, it will weaken shareholder capital and constrain strategic options. Persistent negative returns reduce investor confidence and limit the company's ability to raise low-cost capital for recovery.

Meryllion Resources News

Meryllion Resources Seeks Up to $2.18 Million via Listed Issuer Financing

The latest update is out from Meryllion Resources ( ($TSE:MYR) ). Meryllion Resources Corporation has launched a non-brokered...

4M ago

Meryllion Begins Drilling at Tasmanian Rare Earth Project, Eyes Nevada Permitting

Meryllion Resources ( ($TSE:MYR) ) has issued an announcement. Meryllion Resources has begun drilling at its ionic adsorption...

5M ago

Meryllion Resources Grants 8.4 Million Stock Options to Insiders and Consultants

Meryllion Resources ( ($TSE:MYR) ) has shared an update. Meryllion Resources has granted 8.4 million stock options to...

6M ago

Meryllion Resources Taps Ellis Martin Report for Investor Awareness Push

Meryllion Resources ( ($TSE:MYR) ) has shared an update. Meryllion Resources has signed a six-month investor awareness and...

6M ago

Meryllion Resources Raises $575,750 to Advance Rare Earths and Gold Exploration

Meryllion Resources ( ($TSE:MYR) ) just unveiled an announcement. Meryllion Resources has closed the second tranche of its...

6M ago

Meryllion Resources Extends Expiry of Nearly 8 Million Share Purchase Warrants

Meryllion Resources ( ($TSE:MYR) ) has shared an announcement. Meryllion Resources has extended the expiry date of 7,984,025...

7M ago

Meryllion Raises $282,000 in First Tranche of Private Placement for Exploration Push

Meryllion Resources ( ($TSE:MYR) ) has provided an update. Meryllion Resources has closed the first tranche of its...

7M ago

Meryllion Resources Announces $600,000 Private Placement for Exploration Expansion

The latest announcement is out from Meryllion Resources ( ($TSE:MYR) ). Meryllion Resources Corporation has announced a non-brokered...

7M ago

Meryllion Resources Announces Key Management Changes

Meryllion Resources ( ($TSE:MYR) ) just unveiled an update. Meryllion Resources Corporation has announced management changes with the...

11M ago

Meryllion Resources Strengthens Exploration Team with New Technical Advisor

Meryllion Resources ( ($TSE:MYR) ) just unveiled an update. Meryllion Resources has appointed Mark J. Pryor as the...

1y ago

MYR FAQ

What was Meryllion Resources’s price range in the past 12 months?

Meryllion Resources lowest stock price was C$0.02 and its highest was C$0.14 in the past 12 months.

What is Meryllion Resources’s market cap?

Meryllion Resources’s market cap is C$2.61M.

When is Meryllion Resources’s upcoming earnings report date?

Meryllion Resources’s upcoming earnings report date is Aug 20, 2026 which is in 29 days.

How were Meryllion Resources’s earnings last quarter?

Meryllion Resources released its earnings results on May 26, 2026. The company reported -C$0.006 earnings per share for the quarter, missing the consensus estimate of N/A by -C$0.006.

Is Meryllion Resources overvalued?

According to Wall Street analysts Meryllion Resources’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

Does Meryllion Resources pay dividends?

Meryllion Resources does not currently pay dividends.

What is Meryllion Resources’s EPS estimate?

Meryllion Resources’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does Meryllion Resources have?

Meryllion Resources has 87,058,790 shares outstanding.

What happened to Meryllion Resources’s price movement after its last earnings report?

Meryllion Resources reported an EPS of -C$0.006 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went same 0%.

Which hedge fund is a major shareholder of Meryllion Resources?

Currently, no hedge funds are holding shares in TSE:MYR

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

Meryllion Resources

Meryllion Resources Corp. is a natural resource enterprise primarily focused on identifying, acquiring, and exploring potential mineral properties. The company holds an exclusive option to obtain complete ownership (a 100% interest) in the Oldham Range exploration property. This asset, located in Western Australia, spans approximately 14,700 hectares and is prospective for base and battery metals. Meryllion, established in 2013, is headquartered in Toronto, Canada.