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Micromem Technologies (MRM) Price & Analysis

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MRM Stock Chart & Stats

C$0.02

C$0.00(0.00%)

At close: Jul 24 4:00 PM EDT

C$0.02

C$0.00(0.00%)

Day’s Range― - ―

52-Week RangeC$0.01 - C$0.06

Previous CloseN/A

Volume99.00K

Average Volume (3M)190.88K

Market Cap

C$9.50M

Enterprise ValueC$20.59M

Total Cash (Recent Filing)C$28.46K

Total Debt (Recent Filing)C$4.74M

Price to Earnings (P/E)―

Beta0.16

Next Earnings

Feb 11, 2027

EPS EstimateN/A

Next Dividend Ex-DateN/A

Dividend YieldN/A

Share Statistics

EPS (TTM)>-0.01

Shares Outstanding633,038,000

10 Day Avg. Volume151,693

30 Day Avg. Volume190,884

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

Narrowing Net LossesThe reduction in net loss versus FY2024 indicates some improvement in financial performance, even though the company remains unprofitable. If maintained, this trend could reduce the pace of capital consumption and provide a foundation for eventual operating stabilization over the next several quarters.

Positive EPS GrowthPositive reported EPS growth suggests per-share results improved from the comparison period, providing evidence that performance has not deteriorated uniformly. However, because the company remains loss-making, this is best viewed as an incremental improvement rather than proof of a sustainable earnings base.

Cash Burn Tracks Accounting LossesCash usage broadly matching reported losses is preferable to cash burn materially exceeding accounting losses, because it indicates fewer additional cash drains relative to the income statement. This offers some visibility into the nature of losses, although the company still lacks self-funding capacity.

Bears Say

No Sustainable Revenue BaseEssentially no revenue and continuing operating losses indicate that the business has not demonstrated a functioning, durable revenue engine. Without meaningful sales, fixed costs and development spending cannot be supported internally, limiting visibility into future profitability and commercial traction.

Severely Stressed Balance SheetNegative equity combined with debt that is large relative to the asset base signals very limited financial flexibility. This structure can increase dependence on refinancing or equity issuance, potentially constraining investment capacity and exposing shareholders to dilution if funding is required.

Persistent Negative Cash FlowPersistent negative operating and free cash flow shows that the company cannot currently fund its activities from internally generated cash. Worsening TTM free cash flow increases reliance on external financing and leaves less flexibility to sustain development or absorb further operating setbacks.

Micromem Technologies News

Micromem Shifts to Semi-Annual Reporting and Sets December AGM

Micromem Technologies ( ($TSE:MRM) ) just unveiled an announcement. Micromem Technologies has opted into a semi-annual financial reporting...

25d ago

Micromem Raises C$148,840 in Private Placement and Extends Warrants

Micromem Technologies ( ($TSE:MRM) ) just unveiled an announcement. Micromem Technologies has closed a non-brokered private placement, raising...

1M ago

Micromem Plans Private Placement to Bolster Working Capital and Reduce Debt

Micromem Technologies ( ($TSE:MRM) ) has shared an update. Micromem Technologies has announced plans for a non-brokered private...

2M ago

Micromem Technologies Advances Gas Sensing Commercialization, Targets Fall 2026 Prototypes

An update from Micromem Technologies ( ($TSE:MRM) ) is now available. Micromem Technologies Inc., a nanotechnology-based sensor developer...

3M ago

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...

4M 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...

4M 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...

4M 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...

5M 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....

5M 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...

6M ago

MRM FAQ

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

Micromem Technologies Inc lowest stock price was C$0.01 and its highest was C$0.06 in the past 12 months.

What is Micromem Technologies Inc’s market cap?

Micromem Technologies Inc’s market cap is C$9.50M.

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

Micromem Technologies Inc’s upcoming earnings report date is Feb 11, 2027 which is in 110 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.

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. Following the earnings report the stock price went down -20%.

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.