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Cameo Resources Inc (TSE:MEO)
:MEO
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Cameo Resources Inc
(MEO)
43Neutral
Cameo Resources Inc (MEO) vs. S&P 500 (SPY)
Market Cap
N/A
Dividend YieldN/A
Average Volume (3M)4.33K
Price to Earnings (P/E)―
Beta (1Y)0.45
Revenue GrowthN/A
EPS GrowthN/A
CountryCA
EmployeesN/A
SectorGeneral
Sector StrengthN/A
IndustryIndustrial Materials
Share Statistics
EPS (TTM)N/A
Shares Outstanding29,040,000
10 Day Avg. Volume3,320
30 Day Avg. Volume4,335
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)0.00
Price to Cash Flow (P/CF)0.00
P/FCF Ratio0.00
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
Cameo Resources Inc Business Overview & Revenue Model
Company Descriptionnull
How the Company Makes Moneynull
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.10
Very Negative
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.20
Very Negative
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.15
Very Negative
| Breakdown | |||
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2019 |
|---|---|---|---|
| Income Statement | Total Revenue | ||
| 0.00 | 0.00 | 0.00 | 0.00 | Gross Profit |
| 0.00 | 0.00 | 0.00 | 0.00 | EBIT |
| 0.00 | -136.29K | -121.73K | -313.83K | EBITDA |
| -300.48K | -136.29K | -121.73K | -313.83K | Net Income Common Stockholders |
| -271.42K | -151.10K | -118.36K | -320.56K |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||
| 5.31K | 46.74K | 66.16K | 63.05K | Total Assets |
| 334.01K | 313.12K | 330.24K | 353.91K | Total Debt |
| 0.00 | 0.00 | 0.00 | 0.00 | Net Debt |
| -4.13K | -45.73K | -57.74K | -41.17K | Total Liabilities |
| 1.06M | 801.10K | 667.12K | 222.82K | Stockholders Equity |
| -723.08K | -487.98K | -336.88K | 131.09K |
| Cash Flow | Free Cash Flow | ||
| -138.23K | -22.39K | -8.74K | -167.61K | Operating Cash Flow |
| -138.23K | -22.39K | -8.74K | -142.65K | Investing Cash Flow |
| -52.27K | 0.00 | -101.00 | -246.68K | Financing Cash Flow |
| 148.91K | 10.38K | 65.82K | 430.50K |
Cameo Resources Inc Technical Analysis
Positive
0.20
Price Trends
0.15
Positive
0.13
Positive
0.13
Positive
Market Momentum
<0.01
Positive
60.98
Neutral
33.33
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:MEO, the sentiment is Positive. The current price of 0.2 is above the 20-day moving average (MA) of 0.18, above the 50-day MA of 0.15, and above the 200-day MA of 0.13, indicating a bullish trend. The MACD of <0.01 indicates Positive momentum. The RSI at 60.98 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 Positive sentiment for TSE:MEO.
Cameo Resources Inc Peers Comparison
Overall Rating
UnderperformOutperform
Sector (56)
Financial Indicators
Performance Comparison
TSE:MEO
Cameo Resources Inc
0.20
0.05
33.33%
TSE:GIGA
Giga Metals Corporation
0.10
-0.06
-37.50%
TSE:CNC
Canada Nickel Company
0.97
-0.45
-31.69%
TSE:LAC
Lithium Americas Corp.
4.08
-2.00
-32.89%
Cameo Resources Inc Corporate Events
Delistings and Listing ChangesM&A TransactionsBusiness Operations and Strategy
Cameo Resources Expands with Katoro Gold Acquisition and Frankfurt Listing
Positive
Apr 30, 2025
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.
Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.
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.