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McLaren Resources
(MCL)
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Rating:42Neutral
Price Target:
C$0.03
▲(13.33% Upside)
Action:Reiterated
Date:09/06/26
The score is primarily constrained by weak financial performance (no revenue, ongoing losses, and negative operating/free cash flow) and a fragile balance sheet despite zero debt. Technical indicators add further pressure with the stock trading below major moving averages and a negative MACD. Valuation signals remain weak because profitability is negative and there is no dividend support.
Positive Factors
Zero Debt
A debt-free balance sheet avoids interest burdens and reduces near-term solvency pressure. This gives McLaren more flexibility than a leveraged explorer if it secures funding or advances assets, although the benefit is limited by its thin and volatile equity base.
Negative Factors
No Operating Revenue
The absence of revenue over multiple years shows that McLaren has not yet established an operating sales base typical of a producing miner. Without recurring revenue, growth cannot currently be self-funded, and progress depends on scaling operations or monetizing assets.
Read all positive and negative factors
Positive Factors
Negative Factors
Zero Debt
A debt-free balance sheet avoids interest burdens and reduces near-term solvency pressure. This gives McLaren more flexibility than a leveraged explorer if it secures funding or advances assets, although the benefit is limited by its thin and volatile equity base.
Read all positive factors
McLaren Resources (MCL) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$3.85M
Dividend YieldN/A
Average Volume (3M)71.55K
Price to Earnings (P/E)―
Beta (1Y)0.25
Revenue GrowthN/A
EPS Growth-300.00%
CountryCA
Employees4
SectorBasic Materials
Sector Strength58
IndustryGold
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding110,124,510
10 Day Avg. Volume103,600
30 Day Avg. Volume71,550
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)-18.32
Price to Sales (P/S)0.00
P/FCF Ratio-14.04
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
McLaren Resources Business Overview & Revenue Model
Company Description
McLaren Resources Inc. is an enterprise dedicated to identifying, acquiring, exploring, and developing prospective gold deposits primarily located across Canada. The company holds full ownership of the Augdome Gold Property, a collection of 22 pat...
McLaren Resources Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
34
Negative
Cash Flow
22
Negative
| Breakdown | TTM | Dec 2025 | Dec 2024 | Sep 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA | -782.02K | -441.44K | -14.20K | -465.00K | -1.04M | -342.58K |
| Net Income | -772.63K | -441.44K | -14.20K | -465.00K | -961.00K | -343.00K |
Balance Sheet | ||||||
| Total Assets | 400.67K | 29.32K | 489.31K | 171.67K | 468.14K | 456.29K |
| Cash, Cash Equivalents and Short-Term Investments | 278.11K | 15.86K | 478.80K | 159.78K | 371.07K | 445.11K |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 362.24K | 378.29K | 411.33K | 79.50K | 302.56K | 33.80K |
| Stockholders Equity | 38.43K | -348.96K | 77.97K | 92.17K | 165.58K | 422.49K |
Cash Flow | ||||||
| Free Cash Flow | -605.36K | -455.12K | 315.23K | -565.69K | -759.60K | -301.05K |
| Operating Cash Flow | -605.37K | -455.12K | 315.23K | -565.69K | -759.60K | -301.05K |
| Investing Cash Flow | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Financing Cash Flow | 824.89K | 0.00 | 0.00 | 355.52K | 684.42K | 278.26K |
McLaren Resources Technical Analysis
Neutral
0.03
Price Trends
0.04
Positive
0.04
Negative
0.05
Negative
Market Momentum
>-0.01
Negative
55.71
Neutral
150.00
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:MCL, the sentiment is Neutral. The current price of 0.03 is below the 20-day moving average (MA) of 0.04, below the 50-day MA of 0.04, and below the 200-day MA of 0.05, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 55.71 is Neutral, neither overbought nor oversold. The STOCH value of 150.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TSE:MCL.
McLaren 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% | |
52 Neutral | C$4.93M | 1.82 | 462.78% | ― | ― | ― | |
48 Neutral | C$7.67M | -8.33 | -76.02% | ― | -32.20% | -311.67% | |
47 Neutral | C$4.77M | 12.90 | 11.13% | ― | ― | ― | |
44 Neutral | C$3.93M | -9.86 | -20.67% | ― | ― | -50.70% | |
42 Neutral | C$3.85M | -5.00 | 1011.51% | ― | ― | -300.00% | |
41 Neutral | C$2.83M | -10.94 | -45.17% | ― | ― | 38.46% |
* Basic Materials Sector Average
TSE:MCL
McLaren Resources
0.04
-0.03
-46.15%
TSE:KIP
Kiplin Metals
0.22
-0.18
-44.30%
TSE:ARQ
Argo Gold
0.11
0.04
61.54%
TSE:GCN
Goldcliff Resource
0.04
-0.02
-36.36%
TSE:GGC
Generic Gold Corp.
0.08
<0.01
7.14%
TSE:TRG
Tarachi Gold
0.04
<0.01
14.29%
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.