Meryllion Resources (TSE:MYR)
:MYR
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Meryllion Resources
(MYR)
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Rating:45Neutral
Price Target:
C$0.05
▼(-10.00% Downside)
Action:ReiteratedDate:04/08/26
The score is primarily constrained by weak financial performance—zero revenue, persistent losses, and ongoing cash burn—along with elevated leverage for an early-stage company. Technicals are mixed with modest near-term strength but weaker intermediate trend signals, while valuation is limited by a negative P/E and no dividend support.
Positive Factors
Balance Sheet Recovery
Restoration to positive equity materially reduces immediate insolvency risk and gives the company a larger cushion to absorb losses. This strengthens credit credibility and provides a firmer base for securing financing or executing strategic initiatives over the medium term.
Negative Factors
Zero Revenue and Ongoing Losses
Lack of revenue means no validated commercial model and continued losses erode equity over time. Without durable revenue, margins cannot be assessed and the business remains dependent on financing, creating structural risk to scalability and long-term viability.
Read all positive and negative factors
Positive Factors
Negative Factors
Balance Sheet Recovery
Restoration to positive equity materially reduces immediate insolvency risk and gives the company a larger cushion to absorb losses. This strengthens credit credibility and provides a firmer base for securing financing or executing strategic initiatives over the medium term.
Read all positive factors
Meryllion Resources (MYR) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$3.92M
Dividend YieldN/A
Average Volume (3M)115.41K
Price to Earnings (P/E)―
Beta (1Y)-0.95
Revenue GrowthN/A
EPS Growth71.86%
CountryCA
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
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
Meryllion Resources Business Overview & Revenue Model
Company Description
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 ...
How the Company Makes Money
null...
Meryllion Resources Financial Statement Overview
Summary
Income Statement
8
Very Negative
Balance Sheet
33
Negative
Cash Flow
10
Very Negative
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA | -410.95K | -328.00K | -260.00K | -392.00K | -540.00K |
| Net Income | -410.95K | -328.00K | -759.00K | -394.00K | -541.00K |
Balance Sheet | |||||
| Total Assets | 519.83K | 330.64K | 94.74K | 587.21K | 612.57K |
| Cash, Cash Equivalents and Short-Term Investments | 16.71K | 20.20K | 69.91K | 66.55K | 554.62K |
| Total Debt | 215.00K | 75.00K | 42.26K | 0.00 | 0.00 |
| Total Liabilities | 386.28K | 281.65K | 244.82K | 83.00K | 241.22K |
| Stockholders Equity | 133.54K | 48.99K | -150.08K | 504.21K | 371.35K |
Cash Flow | |||||
| Free Cash Flow | -457.76K | -332.25K | -124.33K | -867.65K | -186.16K |
| Operating Cash Flow | -457.76K | -332.25K | -124.33K | -422.11K | -153.22K |
| Investing Cash Flow | -181.23K | -56.76K | -10.57K | -445.54K | -32.93K |
| Financing Cash Flow | 635.50K | 339.29K | 138.26K | 379.57K | 713.34K |
Meryllion Resources Technical Analysis
Negative
0.06
Price Trends
0.06
Negative
0.06
Negative
0.05
Negative
Market Momentum
>-0.01
Negative
46.05
Neutral
70.00
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:MYR, the sentiment is Negative. The current price of 0.06 is above the 20-day moving average (MA) of 0.05, above the 50-day MA of 0.06, and above the 200-day MA of 0.05, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 46.05 is Neutral, neither overbought nor oversold. The STOCH value of 70.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:MYR.
Meryllion Resources Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
49 Neutral | C$3.64M | -0.09 | -177.84% | ― | ― | 36.64% | |
46 Neutral | C$2.42M | -5.42 | 94.07% | ― | ― | -73.91% | |
45 Neutral | C$3.92M | -9.21 | -185.95% | ― | ― | 71.86% | |
| ― | C$2.87M | -2.87 | -58.50% | ― | ― | -123.85% | |
42 Neutral | C$3.63M | -6.17 | -12.20% | ― | ― | 15.00% |
* Basic Materials Sector Average
TSE:MYR
Meryllion Resources
0.05
0.02
125.00%
TSE:CCB
Canada Carbon
0.01
>-0.01
-33.33%
TSE:ULT
Ultra Resources
0.02
<0.01
50.00%
TSE:VTT
Vendetta Mining
0.01
0.00
0.00%
TSE:BOLT
Bolt Metals
0.50
0.13
33.33%
TSE:SAO
South Atlantic Gold
0.09
0.06
240.00%
Meryllion Resources Corporate Events
Private Placements and Financing
Meryllion Resources Seeks Up to $2.18 Million via Listed Issuer Financing
Positive
Mar 13, 2026
Meryllion Resources Corporation has launched a non-brokered private placement under the listed issuer financing exemption, offering between 20,000,000 and 43,500,000 units at $0.05 per unit. Each unit comprises one common share and one warrant exe...
Business Operations and Strategy
Meryllion Begins Drilling at Tasmanian Rare Earth Project, Eyes Nevada Permitting
Positive
Feb 19, 2026
Meryllion Resources has begun drilling at its ionic adsorption clay-hosted rare earth project in northeastern Tasmania, following earlier surface sampling that returned total rare earth grades of up to roughly 3,500 ppm with elevated dysprosium an...
Business Operations and StrategyExecutive/Board Changes
Meryllion Resources Grants 8.4 Million Stock Options to Insiders and Consultants
Positive
Jan 29, 2026
Meryllion Resources has granted 8.4 million stock options to its officers, directors and consultants under its stock option plan, with each option allowing the purchase of one common share at $0.08 over three years, vesting immediately and subject...
Business Operations and Strategy
Meryllion Resources Taps Ellis Martin Report for Investor Awareness Push
Positive
Jan 20, 2026
Meryllion Resources has signed a six-month investor awareness and media services agreement with Martin City Studios, operator of The Ellis Martin Report, to boost its visibility among investors through audio interview content distributed across br...
Business Operations and StrategyPrivate Placements and Financing
Meryllion Resources Raises $575,750 to Advance Rare Earths and Gold Exploration
Positive
Jan 13, 2026
Meryllion Resources has closed the second tranche of its non-brokered private placement, issuing 5,875,000 common shares at $0.05 each for proceeds of $293,750, bringing total funds raised under the placement to $575,750, subject to final approval...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.