Metal Energy Corp AI Stock Analysis
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Metal Energy Corp (MERG) AI Stock Analysis
Metal Energy Corp
(TSXV:MERG)
The overall score is driven primarily by severe financial weakness, including no revenue, recurring losses, and continued cash burn. Bearish technical momentum and an unfavorable valuation further reduce the score, while the low-debt balance sheet offers only limited mitigation.
Metal Energy Corp (MERG) vs. iShares MSCI Canada ETF (EWC)
- Market Cap
- CAD 9.25M
- Dividend Yield
- ―
- Average Volume (3M)
- 124.66K
- Price to Earnings (P/E)
- -3.0
- Beta (1Y)
- 1.85
- Revenue Growth
- ―
- EPS Growth
- 69.40%
- Country
- Canada
- Employees
- 0
- Sector
- General
- Sector Strength
- 55
- Industry
- Industrial Materials
Metal Energy Corp Business Overview & Revenue Model
Company Description
Based in Toronto, Canada, Metal Energy Corp. is a company dedicated to the exploration, acquisition, and eventual extraction of mineral properties across Canada. Their primary focus lies in identifying deposits rich in nickel, copper, and platinum gr...
Metal Energy Corp Financial Statement Overview
Summary
Financial performance is exceptionally weak: the company has no revenue, recurring losses, and persistent negative operating and free cash flow. Positive equity and negligible debt provide some support, but the pre-revenue profile and ongoing cash burn keep the score at the minimum.
Income Statement
18Very NegativeBalance Sheet
46NeutralCash Flow
32Negative| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0 | 0 | 0 | 0 | 0 | 0 |
| Gross Profit | 0 | 0 | 0 | 0 | 0 | 0 |
| EBITDA | -2.96M | -2.07M | -90.35K | -136.20K | -4.77M | -3.02M |
| Net Income | -2.97M | -2.10M | -6.16M | -1.67M | -4.77M | -3.02M |
Balance Sheet | ||||||
| Total Assets | 9.58M | 9.80M | 1.38M | 1.84M | 3.16M | 7.07M |
| Cash, Cash Equivalents and Short-Term Investments | 8.80M | 9.66M | 1.30M | 1.74M | 2.78M | 7.01M |
| Total Debt | 0 | 0 | 496 | 0 | 26.01K | 0 |
| Total Liabilities | 7.69M | 7.36M | 4.52M | 84.17K | 754.18K | 723.49K |
| Stockholders Equity | 1.88M | 2.44M | -3.15M | 1.76M | 2.41M | 6.34M |
Cash Flow | ||||||
| Free Cash Flow | -1.88M | -891.34K | -1.40M | -1.61M | -4.24M | -510.74K |
| Operating Cash Flow | -1.88M | -891.34K | -1.40M | -1.61M | -4.24M | -510.74K |
| Investing Cash Flow | 0 | 0 | 0 | 0 | 0 | 177.39K |
| Financing Cash Flow | 10.02M | 9.26M | 964.65K | 568.25K | 26.01K | 7.35M |
Metal Energy Corp Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:MERG, the sentiment is Negative. The current price of 0.19 is below the 20-day moving average (MA) of 0.33, below the 50-day MA of 0.53, and below the 200-day MA of 0.80, indicating a bearish trend. The MACD of -0.07 indicates Positive momentum. The RSI at 27.66 is Positive, neither overbought nor oversold. The STOCH value of 5.08 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:MERG.
Metal Energy Corp Peers Comparison
Overall Rating
TSE:STS51Neutral- TSE:MERG40Underperform
TSE:LBNK38Underperform
TSE:LIT38Underperform
TSE:NICO38Underperform
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% |
| TSE:STS | 51Neutral | CAD 31.22M | -3.97 | -55.00% | ― | ― | ― |
| TSE:MERG | 40Underperform | CAD 9.00M | -3.01 | -368.32% | ― | ― | 69.40% |
| TSE:LBNK | 38Underperform | CAD 27.17M | -5.67 | -71.25% | ― | ― | 74.25% |
| TSE:LIT | 38Underperform | CAD 10.97M | -0.46 | -66.28% | ― | ― | -10.86% |
| TSE:NICO | 38Underperform | CAD 22.35M | -11.72 | 45.30% | ― | ― | 45.30% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TSE:MERG | Metal Energy Corp | 0.19 | -0.27 | -58.70% | |
| TSE:LIT | Argentina Lithium & Energy | 0.07 | -0.04 | -39.13% | |
| TSE:STS | South Star Battery Metals Corp | 0.23 | 0.08 | 56.67% | |
| TSE:NICO | Class 1 Nickel & Technologies Ltd. | 0.07 | 0.02 | 50.00% | |
| TSE:LBNK | LithiumBank Resources Corp. | 0.38 | 0.04 | 10.14% |
Metal Energy Corp Corporate Events
Metal Energy Advances Highland Valley Copper Exploration Program
PositiveMetal Energy Corp. is a mineral exploration company focused on advancing copper and other mineral projects, including its 100%-owned Highland Valley Copper Project in British Columbia. The project is adjacent to Canada’s largest copper mine and is ro...
Metal Energy Doubles Drilling Capacity at NIV Copper-Gold Project
PositiveMetal Energy Corp. has mobilized a second diamond drill rig at its NIV copper-gold project in British Columbia’s Toodoggone District, doubling drilling capacity for the remaining weeks of the 2026 season. The company has already completed six holes t...
Metal Energy Confirms Fatal Roadway Impact After Emergency Aircraft Landing
NegativeMetal Energy Corp. reported that two members of its exploration team were aboard a charter aircraft that made an emergency landing near Prince George, British Columbia, on August 20, 2026. While all passengers and crew, including Metal Energy employe...
Metal Energy Secures Additional Strategic Funding From Teck and Centerra
PositiveMetal Energy Corp. has closed an additional C$490,000 equity investment from strategic shareholders Teck Resources and Centerra Gold, who exercised top-up rights to maintain their 9.9% stakes. The financing, comprising 550,000 new common shares at C$...
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