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Melkior Resources
(MKR)
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Rating:41Neutral
Price Target:
C$0.11
▼(-12.50% Downside)
Action:Reiterated
Date:09/30/26
The score is primarily weighed down by very weak financial performance, led by persistent losses, zero reported revenue, and especially severe negative operating/free cash flow in TTM. Technicals also remain unfavorable with the stock trading below key moving averages and negative MACD. Valuation offers limited support given the negative P/E and lack of dividend yield data.
Positive Factors
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.
Negative Factors
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.
Read all positive and negative factors
Positive Factors
Negative Factors
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.
Read all positive factors
Melkior Resources (MKR) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$5.50M
Dividend YieldN/A
Average Volume (3M)10.65K
Price to Earnings (P/E)―
Beta (1Y)0.57
Revenue GrowthN/A
EPS Growth-715.00%
CountryCA
EmployeesN/A
SectorGeneral
Sector StrengthN/A
IndustryIndustrial Materials
Share Statistics
EPS (TTM)-0.05
Shares Outstanding46,600,210
10 Day Avg. Volume12,710
30 Day Avg. Volume10,655
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)2.33
Price to Sales (P/S)0.00
P/FCF Ratio-3.20
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
Melkior Resources Business Overview & Revenue Model
Company Description
Melkior Resources Inc. functions as a Canadian-based junior mineral exploration enterprise, specializing in the acquisition and discovery of potential mining properties throughout the country. The company's core exploration efforts are directed to...
How the Company Makes Money
Melkior Resources’ business model is centered on mineral exploration rather than ongoing mine production. As a result, the company does not typically generate steady operating revenue from selling minerals. Instead, it may generate cash inflows (w...
Melkior Resources Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
46
Neutral
Cash Flow
8
Very Negative
| Breakdown | TTM | Nov 2025 | Nov 2024 | Nov 2023 | Nov 2022 | Nov 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA | -2.40M | -1.51M | 288.08K | 107.00 | -331.00K | 0.00 |
| Net Income | -2.31M | -1.51M | -10.59K | -150.00K | -331.00K | 24.80K |
Balance Sheet | ||||||
| Total Assets | 1.89M | 2.32M | 16.01M | 15.76M | 14.65M | 13.81M |
| Cash, Cash Equivalents and Short-Term Investments | 1.65M | 2.10M | 1.99M | 2.25M | 2.69M | 2.25M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 203.87K | 230.46K | 158.26K | 301.91K | 349.69K | 31.98K |
| Stockholders Equity | 1.68M | 2.09M | 15.85M | 15.46M | 14.30M | 13.78M |
Cash Flow | ||||||
| Free Cash Flow | -253.21M | -1.52M | -186.00K | -262.08K | -574.54K | -1.21M |
| Operating Cash Flow | -253.21M | -1.52M | -186.00K | -262.08K | -265.92K | -444.01K |
| Investing Cash Flow | 761.37K | 0.00 | -513.04K | -1.29M | -172.46K | 142.54K |
| Financing Cash Flow | 2.07M | 1.62M | 438.30K | 1.38M | 835.05K | 1.81M |
Melkior Resources Technical Analysis
Negative
0.12
Price Trends
0.12
Negative
0.12
Negative
0.13
Negative
Market Momentum
>-0.01
Positive
40.83
Neutral
44.44
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:MKR, the sentiment is Negative. The current price of 0.12 is above the 20-day moving average (MA) of 0.12, above the 50-day MA of 0.12, and below the 200-day MA of 0.13, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 40.83 is Neutral, neither overbought nor oversold. The STOCH value of 44.44 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:MKR.
Melkior Resources Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
51 Neutral | C$5.02M | -2.38 | -15.68% | ― | 1077.69% | 37.31% | |
48 Neutral | C$9.89M | 5.02 | 95.91% | ― | ― | ― | |
46 Neutral | C$3.82M | -15.63 | -5.65% | ― | ― | 36.67% | |
41 Neutral | C$5.50M | -2.25 | -128.04% | ― | ― | -715.00% |
* General Sector Average
TSE:MKR
Melkior Resources
0.11
-0.09
-45.00%
TSE:VERT
Vertical Exploration Inc
0.03
-0.02
-37.50%
TSE:CASA
Casa Minerals
0.08
<0.01
15.38%
TSE:HAR
Harfang Exploration
0.05
-0.04
-44.44%
TSE:NLR
Northern Lights Resources
0.12
0.05
71.43%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
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.