Meryllion Resources (MYR) Price & Analysis

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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$3.92M

Enterprise ValueC$3.32M

Total Cash (Recent Filing)C$337.11K

Total Debt (Recent Filing)C$262.46K

Price to Earnings (P/E)―

Beta-0.97

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

Improved Equity PositionThe move from negative to positive equity (TTM equity 354,602) is a durable improvement in solvency that reduces immediate liquidation risk and strengthens the company's balance sheet. A positive equity base improves credibility with lenders and investors, supporting longer runway for execution.

Larger Asset BaseAn expanded asset base (TTM assets 872,132) provides tangible resources that can support operational scaling or secure financing. Over the medium term this supports strategic optionality—collateral for credit, capital deployment, or asset monetization when commercial activities begin.

Improving Cash Flow TrendAlthough still negative, a free cash flow improvement (growth 0.815 TTM) signals better cash-burn control. Sustained improvement in cash conversion reduces future external funding needs, eases financing negotiations, and is a constructive structural trend for extending runway into commercialization phases.

Bears Say

Pre-revenue StatusBeing pre-revenue with no TTM sales creates durable uncertainty about the business model and path to sustainable margins. Without demonstrated commercial traction, cash generation prospects remain hypothetical, increasing execution risk and making long-term forecasting and financing decisions more uncertain.

Persistent Cash BurnSustained negative operating and free cash flow (roughly -427k TTM) is a structural weakness: operations consume cash and the company must repeatedly access external capital. Over months this elevates dilution and refinancing risk and constrains investment in growth and commercialization initiatives.

Elevated Leverage Vs EquityDebt of 262,460 against equity of 354,602 (debt-to-equity ~1.61) is high for a loss-making, pre-revenue firm. Elevated leverage reduces financial flexibility, raises refinancing and covenant risk, and can amplify losses if operating performance doesn’t improve, making long-term funding more costly.

Meryllion Resources News

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...

9d 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...

1M 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...

1M 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...

2M 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...

2M 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...

6M 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

Meryllion Resources Expands Exploration with Makenzie Project Agreement

Meryllion Resources ( ($TSE:MYR) ) has provided an update. Meryllion Resources has entered into a Lease and Option...

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$3.92M.

When is Meryllion Resources’s upcoming earnings report date?

Meryllion Resources’s upcoming earnings report date is May 29, 2026 which is in 90 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.