TSX-V

Metal Energy Corp.

MERG.V•Basic Materials•Other Industrial Metals & Mining
Current Price
$0.39
Today's Change
+0.00%
Market Cap
$18.98M
Volume
1.00K
⛏️

Commodity Exposure

Diversified Mining

💡

Industry Context

Diversified miners balance commodity exposure. Operating margins vary significantly by commodity mix.

💡 Quick Take

Metal Energy Corp. focuses on acquiring and exploring mineral properties in Canada, targeting lithium, nickel, copper, cobalt, and platinum group elements. A significant concern is its negative return on assets (ROA) of -41.0%, indicating inefficiency in asset utilization. Additionally, a current ratio of 0.71 suggests potential liquidity issues, as it falls below the ideal threshold of 1. While the market cap of $18.98M reflects a small company, the lack of price movement today may indicate investor caution or uncertainty regarding its future prospects.

Based on 16 data points⚠️Not financial advice

📊 Key Metrics

52 Week High$1.37
52 Week Low$0.24
Avg Volume91.83K
Beta2.54
Shares Outstanding48.67M

🔥 Valuation

Market Cap$18.98M
Enterprise Value$9.68M
P/E Ratio-23.78
EV/EBITDA ⚠️-1.87x
Dividend Yield0.00%

Loading financial metrics...

🚩 Red Flags

🟠

Limited Cash Runway

Company is burning $296K per quarter with $658K in cash. Approximately 2.2 quarters of runway at current burn rate.

🟠

Significant Losses

Company posted a loss of $-5.8M over the last year, representing Infinity% of revenue.

🟠

Persistent Cash Burn

Operating cash flow has been negative for 3 consecutive quarters, burning $1.2M over the last year.

🌟 Opportunities

🚀

Debt-free balance sheet with a solid cash position, providing significant financial flexibility.

Want the Complete Picture?

Valuation, risk assessment, competitive positioning, and key insights — all in one report.

Free account:3 reports remaining

Recent Developments

Loading news...

Similar companies

Other Other Industrial Metals & Mining companies of a similar size