Meryllion Resources (TSE:MYR)
:MYR
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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$3.32M
Total Cash (Recent Filing)C$337.11K
Total Debt (Recent Filing)C$262.46K
Price to Earnings (P/E)―
Beta-0.90
Next Earnings
May 29, 2026EPS 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
Balance Sheet ImprovementThe company moved from negative equity in 2023 to positive TTM equity of 354,602. That improvement reduces immediate solvency pressure, improves lender/investor optics, and provides a more stable base to support continued development or less dilutive financing over the medium term.
Asset Base GrowthRising total assets (TTM 872,132) reflect balance-sheet expansion which can support operational scale-up or be used as collateral for financing. A larger asset base enhances strategic optionality for project execution or partnerships as the company seeks to commercialize activities.
Lower Extreme LossesNet losses have narrowed versus the unusually large 2023 loss, indicating progress toward stabilizing expense run-rate. While still loss-making, smaller annual deficits suggest improving cost control or event-driven volatility fading, which supports a clearer path to reaching operational breakeven over time.
Bears Say
Zero RevenueThe company remains pre-revenue with TTM revenue at zero, meaning there is no verified product-market traction or recurring cash generation. That structural absence of revenue makes long-term viability dependent on capital markets, strategic deals, or successful commercialization, increasing execution risk.
Persistent Cash BurnOperating cash flow and free cash flow are materially negative, indicating operations consume cash rather than generate it. Sustained burn without revenue necessitates external funding, which can be dilutive or restrictive; this reduces runway and constrains investment in growth or R&D absent new financing.
Elevated LeverageDebt relative to equity (~1.61) is high for a loss-making, pre-revenue company, raising refinancing and interest-service risks. Elevated leverage limits financial flexibility, increases probability of dilutive equity raises if creditors demand capital treatment, and heightens vulnerability to funding shocks.
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 23 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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