Melkior Resources (MKR) Stock Price & Analysis

7 Followers

MKR Stock Chart & Stats

CA$0.10CA$0.00(0.00%)

At close: Nov 13 4:00 PM EST

Day’s Range: CAD 0.10 - CAD 0.10
52-Week Range: CAD 0.09 - CAD 0.21
Previous Close: CAD 0.10
Volume: N/A
Average Volume (3M): 21.71K
Market Cap: CAD 4.66M
Enterprise Value: CAD 4.56M
Total Cash (Recent Filing): CAD 1.65M
Total Debt (Recent Filing): CAD 0
Price to Earnings (P/E): ―
Beta: 0.38
Next Earnings: Feb 02, 2027 (Est.)
EPS Estimate: N/A
Next Dividend Ex-Date: N/A
Dividend Yield: N/A

Bulls Say, Bears Say

Bulls Say

Debt-free Balance Sheet

Reported zero debt and a 0.0 debt-to-equity ratio reduce fixed financial obligations and leverage exposure. This gives the explorer more balance-sheet flexibility than a highly indebted operator, although it does not offset the company’s weak cash generation.

Focused Exploration Portfolio

A focused Canadian exploration strategy gives Melkior a clear operating identity and exposure to mineral-property discovery rather than unrelated businesses. Its claims and royalty interests may provide project-level optionality as exploration work advances, supporting potential long-term asset creation.

Multiple Potential Funding Routes

The exploration model permits several potential funding and monetization routes, including property transactions, partner-funded joint ventures, and equity financing. This can support staged project advancement and reduce reliance on producing a mine immediately, though funding outcomes are not assured.

Bears Say

No Operating Revenue

Persistent zero reported revenue means Melkior has not demonstrated a recurring operating income stream from its exploration assets. Continued losses without production revenue increase dependence on financings, transactions, or project advances to sustain operations over the next several quarters.

Severe Cash Burn

Negative operating and free cash flow in every reported period indicate that the business consumes cash rather than funding itself. The sharply worse TTM outflow raises ongoing liquidity and financing risk, potentially limiting exploration activity or increasing dependence on external capital.

Shrinking Equity Base

Material equity erosion signals that ongoing losses have weakened the company’s financial foundation. A much smaller capital base reduces resilience and flexibility for exploration spending, while deeply negative TTM return on equity indicates that shareholder capital is not currently producing sustainable returns.

Melkior Resources News

Melkior Confirms Deeper Gold Continuity and Ramps Up Exploration at Carscallen

Melkior Resources ( ($TSE:MKR) ) has issued an announcement. Melkior Resources has reported initial assay results from the first two holes of its 2026 winter diamond drill program at the

1M agoMKR

Melkior Raises $654,000 in Flow-Through Offering and Names New CEO

The latest announcement is out from Melkior Resources ( ($TSE:MKR) ). Melkior Resources has closed a non-brokered flow-through private placement, raising $654,000 through the issuance of 5,450,000 flow-through units priced

7M agoMKR

Melkior Resources Seeks $650,000 in Flow-Through Financing for Beschefer East Drilling

The latest announcement is out from Melkior Resources ( ($TSE:MKR) ). Melkior Resources plans to raise up to $650,000 through a non-brokered private placement of up to 5,416,666 flow-through units

8M agoMKR

Melkior Resources to Expand Drilling at Carscallen Gold Property

Melkior Resources ( ($TSE:MKR) ) has shared an update. Melkior Resources Inc. has announced a follow-up exploration drilling program at its Carscallen Gold Property in Timmins, Ontario. This program aims

1y agoMKR

Melkior Resources Unveils Promising Gold-Base Metal Discovery at Beschefer East

Melkior Resources ( ($TSE:MKR) ) has provided an update. Melkior Resources Inc. has announced a significant discovery of gold and base metals at its Beschefer East Project in Quebec, following

1y agoMKR

Melkior Resources Closes Oversubscribed Private Placement

The latest announcement is out from Melkior Resources ( ($TSE:MKR) ). Melkior Resources Inc. has successfully closed its oversubscribed non-brokered private placement, raising a total of $1,699,999.08. The proceeds from

1y agoMKR

Melkior Resources Launches $1.5M Private Placement for Gold Exploration

Melkior Resources ( ($TSE:MKR) ) has shared an announcement. Melkior Resources Inc. announced a $1.5 million non-brokered private placement to fund exploration and corporate purposes, including a 5,000-metre drill program

1y agoMKR

Melkior Resources Expands Carscallen Project with New Acquisition

An update from Melkior Resources ( ($TSE:MKR) ) is now available. Melkior Resources Inc. has entered into an agreement to acquire the Turnbull Property in Timmins, Ontario, expanding its Carscallen

1y agoMKR

Melkior Launches Winter Drilling Campaign at Beschefer East

Melkior Resources ( ($TSE:MKR) ) has provided an announcement. Melkior Resources Inc. has initiated its Winter Drill Campaign at the Beschefer East Project in Quebec’s Northern Abitibi greenstone belt. The

1y agoMKR

Melkior Resources Begins 2024 Drill Campaign

Melkior Resources (TSE:MKR) has released an update. Melkior Resources has launched its 2024 Winter Drill Campaign at the Carscallen Gold Project to explore new opportunities and expand existing gold zones.

1y agoMKR

MKR FAQ

What was Melkior Resources’s price range in the past 12 months?

Melkior Resources lowest stock price was C$0.09 and its highest was C$0.21 in the past 12 months.

What is Melkior Resources’s market cap?

Melkior Resources’s market cap is C$4.66M.

When is Melkior Resources’s upcoming earnings report date?

The company’s upcoming earnings report date is not yet available.

How were Melkior Resources’s earnings last quarter?

Melkior Resources released its earnings results on Jul 30, 2026. The company reported -C$0.012 earnings per share for the quarter.

Is Melkior Resources overvalued?

Not enough analysts have published a price target to calculate whether the price is overvalued.

Does Melkior Resources pay dividends?

Melkior Resources does not currently pay dividends.

What is Melkior Resources’s EPS estimate?

Melkior Resources’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does Melkior Resources have?

Melkior Resources has 46,600,210 shares outstanding.

What happened to Melkior Resources’s price movement after its last earnings report?

Melkior Resources reported an EPS of -C$0.012 in its last earnings report. Following the earnings report the stock price went same 0%.

Which hedge fund is a major shareholder of Melkior Resources?

Currently, no hedge funds are holding shares in TSE:MKR

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