Cameo Resources Inc (MEO) AI Stock Analysis

• Market Cap: N/A
• Dividend Yield: N/A
• Average Volume (3M): 83.07K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.45
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): N/A
• Shares Outstanding: 29,040,000
• 10 Day Avg. Volume: 9,239
• 30 Day Avg. Volume: 83,069
• PEG Ratio: -0.20
• Price to Book (P/B): -6.02
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -31.51
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 43 Neutral
• Price Target: ―

Cameo Resources Inc's overall stock score is primarily impacted by significant financial challenges and lack of revenue, which pose risks to its financial health and viability. The recent momentum in technical indicators and strategic corporate actions provide some positive outlook, but the lack of profitability metrics indicates high investment risk.

Cameo Resources Inc Business Overview & Revenue Model

Company Description

null

How the Company Makes Money

null

Cameo Resources Inc Financial Statement Overview

Summary

Cameo Resources Inc faces significant financial challenges with no revenue generation and continuous losses. The negative equity and reliance on external financing highlight potential risks to financial health and long-term viability. Immediate strategic changes are necessary to reverse the current trend and improve financial performance.

Income Statement

The company has consistently reported zero revenue over the years, indicating a lack of sales or operational progress. The net income has remained negative, reflecting ongoing unprofitability. The EBIT and EBITDA margins are also negative, further highlighting operational inefficiencies and cost management challenges.

Balance Sheet

The balance sheet shows a concerning trend with negative stockholders' equity over the years, indicative of potential financial distress. Although the company has no debt, the liabilities exceed assets significantly, leading to a negative equity position, which can be a risk for stability and creditworthiness.

Cash Flow

The cash flow statement reveals persistent negative operating and free cash flows, pointing to challenges in generating cash from core operations. While financing cash flows have been positive, it primarily reflects reliance on external funding rather than internal cash generation. This raises concerns about sustainability without revenue growth.

Breakdown	TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2019
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00
Gross Profit	0.00	0.00	0.00	0.00	0.00
EBITDA	-624.99K	-300.48K	-136.29K	-121.73K	-313.83K
Net Income	-345.28K	-271.42K	-151.10K	-118.36K	-320.56K
Balance Sheet
Total Assets	749.55K	334.01K	313.12K	330.24K	353.91K
Cash, Cash Equivalents and Short-Term Investments	36.60K	5.31K	46.74K	66.16K	63.05K
Total Debt	0.00	0.00	0.00	0.00	0.00
Total Liabilities	501.31K	1.06M	801.10K	667.12K	222.82K
Stockholders Equity	248.23K	-723.08K	-487.98K	-336.88K	131.09K
Cash Flow
Free Cash Flow	-477.89K	-138.23K	-22.39K	-8.74K	-167.61K
Operating Cash Flow	-477.89K	-138.23K	-22.39K	-8.74K	-142.65K
Investing Cash Flow	-206.94K	-52.27K	0.00	-101.00	-246.68K
Financing Cash Flow	691.58K	148.91K	10.38K	65.82K	430.50K

Cameo Resources Inc Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.15
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:MEO, the sentiment is Negative. The current price of 0.15 is below the 20-day moving average (MA) of 0.16, above the 50-day MA of 0.14, and above the 200-day MA of 0.14, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 48.56 is Neutral, neither overbought nor oversold. The STOCH value of 33.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:MEO.

Cameo Resources Inc Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
MEO	43 Neutral	―	―	―	―	―	―
CTN	16 Underperform	C$835.04K	0.25	―	―	―	-129.10%
MYR	13 Underperform	C$2.64M	―	-230.08%	―	―	71.86%

Cameo Resources Inc Corporate Events

Cameo Resources Expands with Katoro Gold Acquisition and Frankfurt Listing

Cameo Resources Inc. has signed a Securities Exchange Agreement to acquire a 100% interest in the Katoro Gold Property in Tanzania, aiming to exploit its potential for significant gold mineralization. Additionally, Cameo has listed its shares on the Frankfurt Stock Exchange, which is expected to enhance liquidity and broaden its shareholder base, marking a strategic move to strengthen its market presence.

Spark’s Take on TSE:MEO Stock

According to Spark, TipRanks’ AI Analyst, TSE:MEO is a Neutral.

Cameo Resources Inc’s overall stock score reflects its significant financial difficulties, with no revenue generation and continuous losses. Technical analysis shows strong recent momentum, but indicators suggest overbought conditions, posing risk for short-term corrections. The lack of profitability metrics further highlights the high-risk nature of this investment.

To see Spark’s full report on TSE:MEO stock, click here.