Want to see TSE:MEK full AI Analyst Report?
Metals Creek Resources (MEK) AI Stock Analysis
Top Page
Metals Creek Resources
(TSXV:MEK)
The overall score is low primarily because the company is a high-risk, pre-revenue explorer with recurring losses and structurally negative cash flow despite a low-debt, positive-equity balance sheet. Secondarily, technical indicators show a weak trend and elevated volatility with only mild oversold support, and valuation offers little appeal due to a negative P/E ratio and no visible dividend, reinforcing a cautious stance.
Metals Creek Resources (MEK) vs. iShares MSCI Canada ETF (EWC)
- Market Cap
- CAD 11.44M
- Dividend Yield
- ―
- Average Volume (3M)
- 394.93K
- Price to Earnings (P/E)
- -13.8
- Beta (1Y)
- 1.41
- Revenue Growth
- ―
- EPS Growth
- 30.95%
- Country
- Canada
- Employees
- 0
- Sector
- General
- Sector Strength
- 55
- Industry
- Industrial Materials
Metals Creek Resources Business Overview & Revenue Model
Company Description
Metals Creek Resources Corp. is a mineral exploration firm that conducts prospecting activities throughout Canada. The company primarily targets deposits of gold, base metals, and platinum group metals. Established in 2004, its corporate headquarters...
Metals Creek Resources Financial Statement Overview
Summary
Financial performance is very weak: Metals Creek Resources is pre-revenue, with persistent and sizable losses and structurally negative cash flow, partially offset by low or zero debt and still-positive equity, which keeps the score just above the minimum.
Income Statement
8Very NegativeBalance Sheet
35NegativeCash Flow
12Very Negative| Breakdown | TTM | Mar 2026 | Dec 2024 | Dec 2023 | Mar 2023 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0 | 0 | 0 | 0 | 0 | 0 |
| Gross Profit | -5,700 | -6,735 | -19.04K | -27.82K | -33.31K | -26.83K |
| EBITDA | -1.19M | -774.71K | -707.00K | -563.00K | -6.22M | -1.06M |
| Net Income | -659.10K | -488.15K | -691.00K | -922.00K | -5.93M | -327.00K |
Balance Sheet | ||||||
| Total Assets | 1.33M | 1.00M | 710.14K | 9.02M | 9.47M | 15.18M |
| Cash, Cash Equivalents and Short-Term Investments | 900.03K | 808.71K | 96.67K | 144.06K | 778.40K | 1.59M |
| Total Debt | 0 | 0 | 0 | 10.22K | 22.40K | 56.71K |
| Total Liabilities | 403.34K | 292.49K | 308.38K | 143.38K | 204.06K | 829.17K |
| Stockholders Equity | 929.09K | 710.72K | 401.76K | 8.88M | 9.26M | 14.35M |
Cash Flow | ||||||
| Free Cash Flow | -917.33K | -757.35K | -783.24K | -895.46K | -3.14M | -3.84M |
| Operating Cash Flow | -917.33K | -757.35K | -783.24K | -584.50K | -831.60K | -468.87K |
| Investing Cash Flow | 94.48K | 141.60K | 253.69K | -151.40K | -2.13M | -3.24M |
| Financing Cash Flow | 1.12M | 588.52K | 545.01K | 555.86K | 2.36M | 4.23M |
Metals Creek Resources Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:MEK, the sentiment is Negative. The current price of 0.04 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 0.04, indicating a bearish trend. The MACD of -0.00 indicates Negative momentum. The RSI at 38.77 is Neutral, neither overbought nor oversold. The STOCH value of 100.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:MEK.
Metals Creek Resources Peers Comparison
Overall Rating
TSE:QMC46Neutral
TSE:ORS41.6Neutral
TSE:HUNT41Neutral
TSE:MEK39Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| 46Neutral | CAD 3.12M | -50.00 | -3.39% | ― | ― | 63.33% | |
| 42Neutral | CAD 6.44M | -5.66 | -18.07% | ― | ― | -212.50% | |
| 41Neutral | CAD 4.32M | -2.73 | -7.06% | ― | ― | 87.72% | |
| 39Underperform | CAD 11.44M | -13.79 | -99.29% | ― | ― | 30.95% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TSE:MEK | Metals Creek Resources | 0.04 | 0.00 | 14.29% | |
| TSE:ORS | Orestone Mining | 0.06 | -0.01 | -20.00% | |
| TSE:BAD | York Harbour Metals Inc | 0.07 | -0.02 | -22.22% | |
| TSE:QMC | QMC Quantum Minerals | 0.03 | -0.08 | -72.73% | |
| TSE:HUNT | Gold Hunter Resources, Inc. | 0.01 | -0.04 | -75.00% |
Metals Creek Resources Corporate Events
Metals Creek Launches New Drilling Program at High-Grade Ogden Gold Project
PositiveMetals Creek Resources Corp., a junior gold exploration company listed on the TSX Venture Exchange, is advancing its 50% interest in the Ogden Gold Property near Timmins, Ontario, in partnership with Discovery Mining. The property includes the histor...
Metals Creek signs new drilling contract for high-grade Ogden Gold Project
PositiveMetals Creek Resources has signed a contract for a new drilling program at its 50/50 joint venture Ogden Gold Project near Timmins, Ontario, where it is the operator alongside partner Discovery Mining. The project, which includes the historic Naybob...
Metals Creek and Benton Expand Newfoundland Hydrogen-Helium Holdings
PositiveMetals Creek Resources and Benton Resources have expanded their Smoking Gun Hydrogen-Helium Project in Newfoundland’s Deer Lake Basin by staking an additional 262 claim units. The move further consolidates their position in a largely underexplo...
Metals Creek and Benton Expand Newfoundland Gas Assets and Complete Hydrogen-Helium Sampling
PositiveMetals Creek Resources and Benton Resources have entered a purchase agreement with G2B Gold to jointly acquire a 100% interest in two mineral licences totalling 30 claim units in Newfoundland’s Deer Lake Basin and Parsons Pond areas, with each...
Metals Creek Reports Further High-Grade Gold at Ogden Project in Timmins
PositiveMetals Creek Resources reported additional high-grade gold intercepts from the final hole of a three-hole diamond drilling program at the Thomas Ogden Zone on its Ogden Gold Project in Timmins. The latest hole returned 7.25 g/t gold over 7.45 meters,...
Metals Creek Extends High‑Grade Gold at Depth at Ogden Project
PositiveMetals Creek Resources reported additional high‑grade gold assays from the final hole of a three‑hole diamond drill program at the Thomas Ogden Zone on the Ogden Gold Project in Timmins. The key intercept from hole TOG‑26‑77 r...
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.
Date of analysis: Sep 17, 2026