Want to see TSE:MRM full AI Analyst Report?

Micromem Technologies (MRM) Price & Analysis

18 Followers

MRM Stock Chart & Stats

C$0.04

<C$0.01(8.33%)

At close: Jan 08 4:00 PM EST

C$0.04

<C$0.01(8.33%)

Day’s Range― - ―

52-Week RangeC$0.02 - C$0.08

Previous CloseN/A

Volume140.95K

Average Volume (3M)142.41K

Market Cap

C$12.66M

Enterprise ValueC$12.33M

Total Cash (Recent Filing)C$28.46K

Total Debt (Recent Filing)C$4.74M

Price to Earnings (P/E)―

Beta0.01

Next Earnings

Sep 22, 2026

EPS EstimateN/A

Next Dividend Ex-DateN/A

Dividend YieldN/A

Share Statistics

EPS (TTM)>-0.01

Shares Outstanding633,038,000

10 Day Avg. Volume61,390

30 Day Avg. Volume142,411

Financial Highlights & Ratios

PEG Ratio0.36

Price to Book (P/B)-3.41

Price to Sales (P/S)0.00

P/FCF Ratio-14.41

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

Market FocusMicromem’s stated focus on electronic sensing and security/identity technologies places it in structurally relevant end markets (IoT, secure ID, sensing). That strategic orientation supports a durable addressable market if the company can commercialize products and capture niche customers over the next 2–6 months.

Lean Cost BaseA very small headcount implies a low fixed-cost structure and operational nimbleness, which can extend runway between financings and allow focused R&D. For an early-stage tech developer, this lean base can preserve capital while pursuing product validation and partnerships.

Cash-flow TransparencyReported free cash flow closely tracking accounting losses suggests there are no large hidden non-cash drains and that cash burn is reasonably predictable. That alignment aids financial planning and gives clearer visibility into actual external financing needs over multiple quarters.

Bears Say

Lack Of RevenueThe company reports essentially no revenue across periods while incurring persistent operating losses. Without a sustainable revenue base, long-term viability depends on product commercialization or recurring external funding, reducing financial visibility and raising execution risk.

Balance Sheet StressStockholders’ equity is negative and TTM total debt (~4.7M) dwarfs a tiny asset base (~0.09M). This capital structure implies high refinancing and dilution risk, limited financial flexibility, and constrained ability to invest in product development or scale operations without external capital.

Persistent Cash BurnOperating cash flow and free cash flow are negative across all periods and TTM free cash flow deteriorated versus the prior year. Persistent cash burn increases reliance on external funding, raises dilution risk, and undermines the company’s ability to self-fund R&D or commercialization in the medium term.

Micromem Technologies News

Micromem Technologies Flags Going-Concern Pressure in April 2026 Interim Filing

Micromem Technologies ( ($TSE:MRM) ) just unveiled an announcement. Micromem Technologies Inc. filed a Form 6-K in June...

19d ago

Micromem Advances Lightweight Defence Wearable After Meeting Cost Targets

Micromem Technologies ( ($TSE:MRM) ) has shared an update. On June 23, 2026, Micromem Technologies reported progress on...

25d ago

Micromem Technologies Closes C$235,000 Private Placement to Bolster Working Capital

Micromem Technologies ( ($TSE:MRM) ) just unveiled an announcement. On June 18, 2026, Micromem Technologies Inc. said it...

30d ago

Micromem Advances Canadian Defence Talks on Wearable Sensing Commercialization

Micromem Technologies ( ($TSE:MRM) ) just unveiled an update. On June 1, 2026, Micromem Technologies Inc. announced progress...

2M ago

Micromem Wins Defence Approval to Advance Wearable Gas Sensor Program

An update from Micromem Technologies ( ($TSE:MRM) ) is now available. On May 19, 2026, Micromem Technologies Inc....

2M ago

Micromem Technologies Bolsters Team to Advance Wearable Gas Sensing Project

Micromem Technologies ( ($TSE:MRM) ) has shared an update. On May 11, 2026, Micromem Technologies Inc. announced it...

2M ago

Micromem Technologies Reports Breakthrough Progress in Ultra-Sensitive Wearable Gas-Sensing Platform

Micromem Technologies ( ($TSE:MRM) ) just unveiled an announcement. On April 6, 2026, Micromem Technologies Inc. announced progress...

3M ago

Micromem Advances Liquid-Phase Nanowire Sensor Toward Medical and Defence Markets

Micromem Technologies ( ($TSE:MRM) ) has shared an announcement. Micromem Technologies has reported significant progress in its liquid-phase...

4M ago

Micromem Technologies Updates U.S. Shelf With Q1 2026 Unaudited Results

An update from Micromem Technologies ( ($TSE:MRM) ) is now available. Micromem Technologies Inc. filed a Form 6-K...

4M ago

Micromem Technologies Flags Going-Concern Risk in 2025 Audited Results Filing

Micromem Technologies ( ($TSE:MRM) ) has issued an update. On February 4, 2026, Micromem Technologies Inc. filed a...

5M ago

MRM FAQ

What was Micromem Technologies Inc’s price range in the past 12 months?

Micromem Technologies Inc lowest stock price was C$0.02 and its highest was C$0.08 in the past 12 months.

What is Micromem Technologies Inc’s market cap?

Micromem Technologies Inc’s market cap is C$12.66M.

When is Micromem Technologies Inc’s upcoming earnings report date?

Micromem Technologies Inc’s upcoming earnings report date is Sep 22, 2026 which is in 66 days.

How were Micromem Technologies Inc’s earnings last quarter?

Micromem Technologies Inc released its earnings results on Jun 29, 2026. The company reported -C$0.001 earnings per share for the quarter, missing the consensus estimate of N/A by -C$0.001.

Is Micromem Technologies Inc overvalued?

According to Wall Street analysts Micromem Technologies Inc’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

Does Micromem Technologies Inc pay dividends?

Micromem Technologies Inc does not currently pay dividends.

What is Micromem Technologies Inc’s EPS estimate?

Micromem Technologies Inc’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does Micromem Technologies Inc have?

Micromem Technologies Inc has 633,038,000 shares outstanding.

What happened to Micromem Technologies Inc’s price movement after its last earnings report?

Micromem Technologies Inc reported an EPS of -C$0.001 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went same 0%.

Which hedge fund is a major shareholder of Micromem Technologies Inc?

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

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

Micromem Technologies Inc

Micromem Technologies Inc., through its subsidiary Micromem Applied Sensor Technology, Inc., specializes in developing and marketing bespoke sensor applications. These innovative solutions are built upon its exclusive proprietary technology and are distributed across Canada and internationally. The company caters to a wide array of industries, including defense, biomedical research, the automotive sector, consumer goods, and resource extraction. Established in 1985, the firm was formerly known as Avanti Corp International Inc. until it adopted the name Micromem Technologies Inc. in January 1999. Its main operational base is situated in Toronto, Canada.