Meryllion Resources (MYR) Price & Analysis

Compare

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$0.01 - C$0.15

Previous CloseN/A

Volume0.00

Average Volume (3M)115.41K

Market Cap

C$3.48M

Enterprise ValueC$2.95M

Total Cash (Recent Filing)C$337.11K

Total Debt (Recent Filing)C$262.46K

Price to Earnings (P/E)―

Beta-0.81

Next Earnings

May 29, 2026

EPS 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 RecoveryMoving from negative equity to positive TTM equity (354,602) materially reduces short-term insolvency risk and increases balance-sheet flexibility. This improvement is durable over months, improving the company's ability to access capital, support operations and execute near-term plans if cash burn moderates.

Growing Asset BaseAn increase in total assets (TTM 872,132) signals a larger resource base and potential operational capacity. A bigger asset base can serve as collateral for financing, underpin investment or development activities, and provide a more stable foundation for scaling efforts over the next several quarters.

Improving FCF TrajectoryFree cash flow growth of 0.815 in the TTM shows the company has reduced its cash burn relative to the prior annual period. If sustained, this trend durable across 2-6 months lowers near-term external funding needs, extends runway and provides a clearer path toward operational stability or eventual commercialization.

Bears Say

Pre-revenue With Persistent LossesBeing a pre-revenue entity with a TTM net loss of -467,681 means the business lacks internal cash generation and the commercial model remains unproven. This structurally raises execution risk, extends the timeline to profitability and necessitates external funding until revenue streams are established.

Negative Operating And Free Cash FlowSustained negative operating cash flow and free cash flow indicate operations consume cash rather than finance themselves. This structural cash burn forces reliance on external financing, elevates dilution risk for shareholders and limits the firm’s ability to fund growth or R&D without new capital.

Elevated Leverage For A Loss-makerA debt-to-equity ratio of ~1.61 and TTM debt of 262,460 is high for a zero-revenue, loss-making company. Elevated leverage reduces financial flexibility, increases refinancing and covenant risks, and heightens the probability of dilutive capital raises if losses persist or credit conditions tighten.

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...

11d 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...

1M 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...

2M 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...

2M 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...

2M 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...

3M 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...

3M 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...

3M ago

Meryllion Resources Announces Key Management Changes

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

7M 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...

8M ago

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$3.48M.

When is Meryllion Resources’s upcoming earnings report date?

Meryllion Resources’s upcoming earnings report date is May 29, 2026 which is in 66 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. 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?

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.