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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)―

Beta0.16

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

Balance Sheet DeleveragingMaterial debt reduction and a large equity rebuild lower leverage (debt-to-equity ~0.35), improving financial flexibility. This durable change reduces insolvency risk, lowers fixed financing burdens and lengthens runway, giving management more time to execute a turnaround.

Asset Base ExpansionSustained growth in total assets signals capacity to fund operations or invest in projects without immediate external funding. A larger asset base supports operational scale or collateral for financing, providing structural optionality for rebuilding revenue over the medium term.

Predictable Cash ConversionFree cash flow closely matching accounting losses indicates limited non-cash accounting noise and a predictable cash burn profile. That predictability helps planning and financing decisions, making runway estimates more reliable for 2–6 month liquidity management.

Bears Say

No Revenue GenerationThe absence of revenue is a structural weakness: without product or sales traction the business model lacks validation. Persistent large operating and net losses deplete capital and mean profitability depends on successful, uncertain execution or external funding to create sustainable revenue.

Persistent Cash BurnDeep negative operating and free cash flows show the company is not self-funding. Ongoing cash burn erodes liquidity and forces reliance on capital markets or debt, increasing dilution or leverage risk and constraining investment in growth or operational fixes over the medium term.

Capital Destruction (negative ROE)Negative ROE indicates the company is destroying shareholder capital rather than creating it. Even with improved equity levels, continued losses can reverse gains and undermine long-term shareholder value, making recovery reliant on material operational improvement or new profitable revenue streams.

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...

5M 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...

6M 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...

7M 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...

7M 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...

7M 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...

8M 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...

8M 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...

8M ago

Meryllion Resources Announces Key Management Changes

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

12M 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 7 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.