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Micromem Technologies (MRM) Price & Analysis

18 Followers

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$0.02 - C$0.08

Previous CloseN/A

Volume99.00K

Average Volume (3M)142.41K

Market Cap

C$9.50M

Enterprise ValueC$12.33M

Total Cash (Recent Filing)C$28.46K

Total Debt (Recent Filing)C$4.74M

Price to Earnings (P/E)―

Beta-0.44

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

Losses NarrowingA reduction in losses is an early sign of potential operating stabilization. It does not establish profitability, but sustained improvement could reduce future funding needs and improve the company’s ability to progress toward a viable business model.

Cash Burn Tracks Accounting LossesCash usage broadly reflecting reported losses suggests limited evidence of additional working-capital leakage or unusually poor cash conversion. If losses narrow, this alignment could help contain financing requirements, although the company remains unable to self-fund.

Sensor And Embedded Technology FocusA focus on sensors, embedded systems and IoT technologies provides exposure to applications that can support long-term product development and engineering opportunities. However, the provided data does not confirm commercialization, customer traction or recurring revenue.

Bears Say

No Sustainable Revenue BaseEssentially absent revenue prevents the company from demonstrating product-market fit, customer demand or operating scale. Without a sustainable revenue base, future development depends heavily on external funding and earnings visibility remains exceptionally limited.

Negative Equity And Excessive Debt BurdenNegative equity and debt vastly exceeding the stated asset base indicate a severely weakened capital structure. This limits financial flexibility and raises durable refinancing, restructuring and potential dilution risks as the company funds ongoing operations.

Persistent Cash BurnRecurring negative operating and free cash flow shows that the business cannot currently finance itself. Worsening TTM free cash flow increases reliance on financing, making execution more difficult and leaving less capacity to invest in commercialization or growth.

Micromem Technologies News

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...

25d 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...

2M 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...

2M 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...

2M 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...

3M 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....

3M 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...

4M 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...

5M 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...

5M 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...

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$0.07 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 Sep 22, 2026 which is in 22 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 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.