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MEX Stock Chart & Stats
C$0.24
-C$0.09(-26.56%)
At close: 4:00 PM EDT
C$0.24
-C$0.09(-26.56%)
Day’s Range― - ―
52-Week RangeC$0.07 - C$0.40
Previous CloseN/A
Volume88.02K
Average Volume (3M)134.15K
Market Cap
C$18.10M
Enterprise ValueC$3.52
Total Cash (Recent Filing)C$671.40K
Total Debt (Recent Filing)C$0.00
Price to Earnings (P/E)―
Beta-0.07
Next Earnings
Oct 28, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.04
Shares Outstanding77,022,320
10 Day Avg. Volume176,076
30 Day Avg. Volume134,147
Financial Highlights & Ratios
PEG Ratio0.43
Price to Book (P/B)154.22
Price to Sales (P/S)0.00
P/FCF Ratio-6.17
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
Bulls Say, Bears Say
Bulls Say
Low LeverageA debt-free balance sheet materially lowers solvency risk for an exploration-stage miner, preserving strategic optionality. Over a multi-month horizon this reduces fixed financing costs, eases the need for immediate debt refinancing, and gives management flexibility to raise equity or JV resources for development.
Improving Cash BurnA discernible reduction in cash outflows and improved TTM free cash flow growth indicates the company is narrowing its funding gap. If sustained, lower burn extends runway, reduces near-term financing frequency, and increases the chance that future capital raises are smaller or tied to value-accretive milestones.
Precious Metals ExposureOperating in the precious-metals sector provides structural demand drivers and optional upside if exploration converts into resources. Over months, exposure to a commodities sector that historically attracts capital during uncertainty can support strategic partner interest and project financing when results justify advancement.
Bears Say
Pre-revenue OperationsBeing pre-revenue with persistent operating losses means the company lacks an internal cash generation engine. Over the next several months this necessitates ongoing external financing, which can dilute shareholders, create execution risk if capital markets tighten, and delay value realization.
Rising Net LossesA large year-over-year deterioration in net loss highlights worsening operating deficits rather than disciplined, near-term investment payoffs. Sustained widening losses erode equity, amplify funding needs, and weaken bargaining power with partners or financiers across a 2–6 month horizon.
Volatile Equity / Negative ROELarge swings in equity and persistently negative ROE indicate value erosion and likely reliance on equity financings. Over months this creates dilution risk, undermines capital structure stability, and can constrain the company's ability to fund exploration without paying a premium in future raises.
Mexican Gold Corp News
MEX FAQ
What was Mexican Gold Corp’s price range in the past 12 months?
Mexican Gold Corp lowest stock price was C$0.07 and its highest was C$0.40 in the past 12 months.
What is Mexican Gold Corp’s market cap?
Mexican Gold Corp’s market cap is C$18.10M.
When is Mexican Gold Corp’s upcoming earnings report date?
Mexican Gold Corp’s upcoming earnings report date is Oct 28, 2026 which is in 85 days.
How were Mexican Gold Corp’s earnings last quarter?
Mexican Gold Corp released its earnings results on May 29, 2026. The company reported -C$0.029 earnings per share for the quarter, missing the consensus estimate of N/A by N/A.
Is Mexican Gold Corp overvalued?
According to Wall Street analysts Mexican Gold Corp’s price is currently Overvalued.
Does Mexican Gold Corp pay dividends?
Mexican Gold Corp does not currently pay dividends.
What is Mexican Gold Corp’s EPS estimate?
Mexican Gold Corp’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Mexican Gold Corp have?
Mexican Gold Corp has 77,022,320 shares outstanding.
What happened to Mexican Gold Corp’s price movement after its last earnings report?
Mexican Gold Corp reported an EPS of -C$0.029 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went up 8%.
Which hedge fund is a major shareholder of Mexican Gold Corp?
Currently, no hedge funds are holding shares in TSE:MEX
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
Mexican Gold Corp
Mexican Gold Mining Corp. (MEX.V) operates as a mineral exploration enterprise, concentrating its efforts on discovering, securing, and assessing potential resource sites throughout Mexico. Its primary objective involves identifying gold and copper reserves. The firm holds outright ownership of the Las Minas project, which comprises six mineral concessions situated in the Las Minas district within Veracruz, Mexico. The company, established in 2006 and headquartered in Vancouver, Canada, rebranded from its former name, Mexican Gold Corp., to Mexican Gold Mining Corp. in February 2020.
Technical Analysis
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