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Metals Creek Resources (MEK) AI Stock Analysis

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TSE:MEK

Metals Creek Resources

(TSXV:MEK)

Select Model
Rating:39Underperform
Price Target:CAD 0.04â–¼(-5.00% Downside)
Action:reiterated
Date:11/13/26

The overall score is 39, driven primarily by severely weak financial performance, including no revenue, persistent losses, negative cash flow, and declining equity. Weak technical momentum and an unsupported negative P/E ratio provide little offset.

Positive Factors
Low LeverageA near-zero debt burden limits interest obligations and reduces balance-sheet solvency risk while the company funds exploration. This provides greater financial flexibility than a highly leveraged exploration peer, although it does not eliminate the need to secure capital for ongoing programs.
Negative Factors
No RevenueZero revenue means the company has not demonstrated commercial operating scale or an internally funded business model. Until exploration produces an economic asset or another revenue source emerges, financial performance remains dependent on advancing prospects without current operating income.

Metals Creek Resources (MEK) vs. iShares MSCI Canada ETF (EWC)

-25%0%25%50%75%100%125%TSE:MEK+33.33%EWC+21.08%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
Market Cap
CAD 11.44M
Dividend Yield
―
Average Volume (3M)
390.31K
Price to Earnings (P/E)
-11.1
Beta (1Y)
1.46
Revenue Growth
―
EPS Growth
12.50%
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 at the minimum score: revenue was zero, profitability and cash flow were negative, equity declined materially, and cash burn creates funding risk. Minimal debt is the primary positive.

Income Statement

4Very Negative

Balance Sheet

35Negative

Cash Flow

6Very Negative
Financial statement breakdown
BreakdownTTMMar 2026Dec 2024Dec 2023Mar 2023Dec 2021
Income Statement
Total Revenue000000
Gross Profit-5,184-6,735-19.04K-27.82K-33.31K-26.83K
EBITDA-1.38M-774.71K-707.00K-563.00K-6.22M-1.06M
Net Income-876.71K-488.15K-691.00K-922.00K-5.93M-327.00K
Balance Sheet
Total Assets3.30M1.00M710.14K9.02M9.47M15.18M
Cash, Cash Equivalents and Short-Term Investments2.79M808.71K96.67K144.06K778.40K1.59M
Total Debt00010.22K22.40K56.71K
Total Liabilities306.30K292.49K308.38K143.38K204.06K829.17K
Stockholders Equity2.99M710.72K401.76K8.88M9.26M14.35M
Cash Flow
Free Cash Flow-762.41K-757.35K-783.24K-895.46K-3.14M-3.84M
Operating Cash Flow-1.21M-757.35K-783.24K-584.50K-831.60K-468.87K
Investing Cash Flow33.37K141.60K253.69K-151.40K-2.13M-3.24M
Financing Cash Flow1.43M588.52K545.01K555.86K2.36M4.23M

Metals Creek Resources Technical Analysis

Technical Analysis SentimentNegative
Last Price0.04

Price Trends

50DMA0.04Negative
100DMA0.05Negative
200DMA0.04Negative

Market Momentum

MACD-0.00Negative
RSI38.77Neutral
STOCH100.00Negative

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 equal to 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 neutral 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

UnderperformOutperform
Sector (55)

Financial Indicators

TSE:MEK against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
Sector *55Neutral$6.65B3.83-15.92%6.20%10.91%7.18%
TSE:QMCTSE:QMC46NeutralCAD 3.64M-58.33-3.39%――63.33%
TSE:ORSTSE:ORS43NeutralCAD 6.44M-5.41-20.11%――-212.50%
TSE:HUNTTSE:HUNT41NeutralCAD 4.32M-2.73-7.06%――87.72%
TSE:MEKTSE:MEK39UnderperformCAD 11.44M-11.11-64.07%――12.50%

* General Sector Average

Performance Comparison

0%100%200%TSE:MEKTSE:ORSTSE:BADTSE:QMCTSE:HUNTDec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
TSE:MEK and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
TSE:MEKMetals Creek Resources0.040.0133.33%
TSE:ORSOrestone Mining0.06-0.02-25.00%
TSE:BADYork Harbour Metals Inc0.05-0.04-44.44%
TSE:QMCQMC Quantum Minerals0.04-0.04-56.25%
TSE:HUNTGold Hunter Resources, Inc.0.01-0.03-62.50%

Metals Creek Resources Corporate Events

Private Placements and Financing

Metals Creek Closes $800,020 Flow-Through Financing

Positive
Nov 9, 2026

Metals Creek Resources closed a non-brokered flow-through private placement that raised $800,020 through the issuance of 20,000,500 shares priced at $0.04. The financing included finders’ fees and broker warrants, with proceeds designated for explora...

Business Operations and StrategyM&A Transactions

Metals Creek, Benton Grant Brutus Option on Newfoundland Hydrogen Project

Neutral
Nov 5, 2026

Metals Creek Resources is a mineral exploration company focused on advancing Canadian mineral and energy-resource properties, including natural-hydrogen prospects. Its market focus includes early-stage exploration and partnerships targeting prospecti...

Private Placements and FinancingRegulatory Filings and Compliance

Metals Creek Seeks Approval for $800,000 Exploration Financing

Positive
Nov 4, 2026

Metals Creek Resources is a junior mineral exploration company focused on gold properties in Ontario. It holds a 50% interest in the Ogden Gold Property near Timmins, which includes the past-producing Naybob mine and an eight-kilometre section of the...

Business Operations and Strategy

Metals Creek Launches New Drilling Program at High-Grade Ogden Gold Project

Positive
Oct 20, 2026

Metals 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...

Business Operations and Strategy

Metals Creek signs new drilling contract for high-grade Ogden Gold Project

Positive
Oct 8, 2026

Metals 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...

Business Operations and Strategy

Metals Creek and Benton Expand Newfoundland Hydrogen-Helium Holdings

Positive
Sep 3, 2026

Metals 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 underexplored re...

Business Operations and StrategyM&A Transactions

Metals Creek and Benton Expand Newfoundland Gas Assets and Complete Hydrogen-Helium Sampling

Positive
Aug 18, 2026

Metals 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 compan...

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.

Date of analysis: Nov 13, 2026