Meryllion Resources (TSE:MYR)
:MYR
MYR Stock Chart & Stats
C$0.06
C$0.00(0.00%)
At close: 4:00 PM EST
C$0.06
C$0.00(0.00%)
Day’s Range― - ―
52-Week RangeC$0.01 - C$0.15
Previous CloseN/A
Volume0.00
Average Volume (3M)115.41K
Market Cap
C$4.35M
Enterprise ValueC$3.70M
Total Cash (Recent Filing)C$337.11K
Total Debt (Recent Filing)C$262.46K
Price to Earnings (P/E)―
Beta-0.84
Next Earnings
May 29, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)N/A
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
Balance Sheet RecoveryThe shift from negative to positive equity is a durable improvement in solvency that reduces immediate liquidation risk and strengthens the company's ability to pursue financing or partnerships. Positive equity gives management more runway to execute strategy over the next several quarters.
Larger Asset BaseAn increased asset base provides tangible capacity to fund development, secure borrowing, or support projects without immediate dilution. For an early-stage industrial materials company, stronger asset coverage improves negotiating leverage with lenders and partners over the medium term.
Improving Free Cash Flow TrendWhile still negative, a materially positive free cash flow growth rate indicates operational cash efficiency gains. This trend, if sustained, reduces future external funding needs and signals management is tightening cost structure, a durable benefit for stability over coming quarters.
Bears Say
Zero Revenue And Persistent LossesThe company remains pre-revenue with recurrent operating losses, creating a structural viability risk: without revenue traction, cash reserves and external funding must cover losses. This undermines sustainable growth prospects and keeps the business dependent on financing until commercialization.
Sustained Cash BurnPersistent negative operating and free cash flow means operations consume cash rather than generate it, forcing reliance on external capital. Over the next 2-6 months this raises dilution and refinancing risk, constrains investment in growth initiatives, and pressures liquidity management.
Elevated Leverage For Early-stage FirmA debt-to-equity ratio above 1 for a non-revenue company amplifies refinancing and solvency risk. Interest and principal obligations reduce flexibility to fund development, increase the likelihood of restrictive covenants or dilutive financing, and heighten vulnerability if revenue remains absent.
Meryllion Resources News
MYR FAQ
What was Meryllion Resources’s price range in the past 12 months?
Meryllion Resources lowest stock price was C$0.01 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$4.35M.
When is Meryllion Resources’s upcoming earnings report date?
Meryllion Resources’s upcoming earnings report date is May 29, 2026 which is in 46 days.
How were Meryllion Resources’s earnings last quarter?
Currently, no data Available
Is Meryllion Resources overvalued?
According to Wall Street analysts Meryllion Resources’s price is currently Overvalued.
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?
Currently, no data Available
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., a natural resource company, engages in the acquisition and exploration of resource properties. It has an option to acquire a 100% interest in the Oldham Range base and battery metal exploration property covering an area of approximately 14,700 hectares located in Western Australia. The company was incorporated in 2013 and is headquartered in Toronto, Canada.
Technical Analysis
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Options Prices
Currently, No data available
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