Want to see TSE:MEK full AI Analyst Report?
Top Page
Metals Creek Resources
(MEK)
Select Model
Select Model
Rating:43Neutral
Price Target:
C$0.04
▼(-22.00% Downside)
Action:Reiterated
Date:09/17/26
The score is primarily constrained by weak financial performance (no revenue, ongoing losses, and negative free cash flow with significant equity erosion). Technicals also lean bearish (below key moving averages and negative MACD), with only near-oversold readings offering limited counterbalance. Valuation cannot be favorably assessed due to a negative P/E and no dividend data.
Positive Factors
Minimal leverage
Near-zero debt limits borrowing-related financial risk and avoids interest obligations that could further pressure an exploration company with no operating revenue. This provides some balance-sheet flexibility while management funds mineral programs and maintains property interests.
Negative Factors
No established revenue base
Without recurring revenue, the company lacks internally generated operating funding and remains dependent on capital markets or project monetization. This makes progress on exploration programs more sensitive to financing availability and increases uncertainty around durable earnings potential.
Read all positive and negative factors
Positive Factors
Negative Factors
Minimal leverage
Near-zero debt limits borrowing-related financial risk and avoids interest obligations that could further pressure an exploration company with no operating revenue. This provides some balance-sheet flexibility while management funds mineral programs and maintains property interests.
Read all positive factors
Metals Creek Resources (MEK) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$11.44M
Dividend YieldN/A
Average Volume (3M)322.54K
Price to Earnings (P/E)―
Beta (1Y)1.26
Revenue GrowthN/A
EPS Growth30.95%
CountryCA
EmployeesN/A
SectorGeneral
Sector StrengthN/A
IndustryIndustrial Materials
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding285,935,420
10 Day Avg. Volume120,900
30 Day Avg. Volume322,544
Financial Highlights & Ratios
PEG Ratio0.32
Price to Book (P/B)8.11
Price to Sales (P/S)0.00
P/FCF Ratio-7.61
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
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 headquart...
How the Company Makes Money
Metals Creek Resources does not typically generate recurring operating revenue from selling products or services in the way a producing mining company would. Instead, as an exploration-stage issuer, it generally funds its activities through capita...
Metals Creek Resources Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
44
Neutral
Cash Flow
18
Very Negative
| Breakdown | TTM | Mar 2026 | Dec 2024 | Dec 2023 | Mar 2023 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -5.70K | -6.74K | -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 | 0.00 | 0.00 | 0.00 | 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
Negative
0.05
Price Trends
0.05
Negative
0.05
Negative
0.04
Negative
Market Momentum
>-0.01
Negative
38.77
Neutral
>-0.01
Positive
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 0.05 is above the 20-day moving average (MA) of 0.04, above the 50-day MA of 0.05, and above the 200-day MA of 0.04, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 38.77 is Neutral, neither overbought nor oversold. The STOCH value of >-0.01 is Positive, 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
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
48 Neutral | C$10.01M | -1.80 | -32.56% | ― | ― | -106.55% | |
47 Neutral | C$8.05M | -7.08 | -18.07% | ― | ― | -212.50% | |
46 Neutral | C$4.68M | -75.00 | -3.39% | ― | ― | 63.33% | |
43 Neutral | C$11.44M | -13.79 | -99.29% | ― | ― | 30.95% | |
41 Neutral | C$8.64M | -4.55 | -7.06% | ― | ― | 87.72% |
* General Sector Average
TSE:MEK
Metals Creek Resources
0.04
0.01
33.33%
TSE:ORS
Orestone Mining
0.08
-0.03
-25.00%
TSE:BAD
York Harbour Metals Inc
0.08
-0.02
-20.00%
TSE:QMC
QMC Quantum Minerals
0.05
<0.01
12.50%
TSE:LMR
Lomiko Metals
0.13
0.02
25.00%
TSE:HUNT
Gold Hunter Resources
0.03
-0.03
-58.33%
Metals Creek Resources Corporate Events
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 underex...
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 ea...
Business Operations and Strategy
Metals Creek Reports Further High-Grade Gold at Ogden Project in Timmins
Positive
Aug 11, 2026
Metals 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 mete...
Business Operations and Strategy
Metals Creek Extends High‑Grade Gold at Depth at Ogden Project
Positive
Aug 11, 2026
Metals 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‑26‑7...
Regulatory Filings and Compliance
BlackRock Lifts Stake in Caledonia Mining Above Major Holding Threshold
Positive
Jul 16, 2026
Caledonia Mining has disclosed that asset manager BlackRock, Inc. has crossed a regulatory threshold in its shareholding, triggering a notification under AIM rules for major holdings. As of 14 July 2026, BlackRock holds 5.00% of Caledonia’s ...
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.