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Meryllion Resources
(MYR)
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Rating:41Neutral
Price Target:
C$0.02
▼(-60.00% Downside)
Action:Reiterated
Date:09/10/26
The score is primarily held back by weak financial performance (no revenue, ongoing losses, and continued cash burn) and a bearish technical setup (below key moving averages with negative MACD). A stronger balance sheet versus prior periods (positive equity and no TTM debt) provides some support, but valuation remains difficult to justify with negative earnings and no dividend data.
Positive Factors
Improved Capitalization
The return to positive equity provides a stronger capital base than in 2023 and may improve financial resilience over the next several months. This gives the company a better foundation for operations and funding decisions, although losses still weaken capital quality.
Negative Factors
No Revenue Traction
Zero revenue across the reported periods is a fundamental weakness because it indicates that the stated business has not yet demonstrated commercial-scale activity. Without visible sales traction, the company lacks an established revenue base to support operations, investment, or a path toward profitability.
Read all positive and negative factors
Positive Factors
Negative Factors
Improved Capitalization
The return to positive equity provides a stronger capital base than in 2023 and may improve financial resilience over the next several months. This gives the company a better foundation for operations and funding decisions, although losses still weaken capital quality.
Read all positive factors
Meryllion Resources (MYR) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$2.81M
Dividend YieldN/A
Average Volume (3M)57.99K
Price to Earnings (P/E)―
Beta (1Y)0.39
Revenue GrowthN/A
EPS Growth-96.92%
CountryCA
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)-0.01
Shares Outstanding112,315,040
10 Day Avg. Volume70,513
30 Day Avg. Volume57,995
Financial Highlights & Ratios
PEG Ratio0.26
Price to Book (P/B)13.16
Price to Sales (P/S)0.00
P/FCF Ratio-3.84
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
Meryllion Resources Business Overview & Revenue Model
Company Description
Meryllion Resources Corp. is a natural resource enterprise primarily focused on identifying, acquiring, and exploring potential mineral properties. The company holds an exclusive option to obtain complete ownership (a 100% interest) in the Oldham ...
Meryllion Resources Financial Statement Overview
Summary
Income Statement
8
Very Negative
Balance Sheet
44
Neutral
Cash Flow
12
Very Negative
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 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 | -1.09M | -410.95K | -328.00K | -260.00K | -392.00K | -540.00K |
| Net Income | -1.10M | -410.95K | -328.00K | -759.00K | -394.00K | -541.00K |
Balance Sheet | ||||||
| Total Assets | 1.07M | 519.83K | 330.64K | 94.74K | 587.21K | 612.57K |
| Cash, Cash Equivalents and Short-Term Investments | 275.65K | 16.71K | 20.20K | 69.91K | 66.55K | 554.62K |
| Total Debt | 0.00 | 215.00K | 75.00K | 42.26K | 0.00 | 0.00 |
| Total Liabilities | 76.74K | 386.28K | 281.65K | 244.82K | 83.00K | 241.22K |
| Stockholders Equity | 996.44K | 133.54K | 48.99K | -150.08K | 504.21K | 371.35K |
Cash Flow | ||||||
| Free Cash Flow | -789.63K | -457.76K | -332.25K | -124.33K | -867.65K | -186.16K |
| Operating Cash Flow | -789.64K | -457.76K | -332.25K | -124.33K | -422.11K | -153.22K |
| Investing Cash Flow | -242.80K | -181.23K | -56.76K | -10.57K | -445.54K | -32.93K |
| Financing Cash Flow | 1.22M | 635.50K | 339.29K | 138.26K | 379.57K | 713.34K |
Meryllion Resources Technical Analysis
Negative
0.06
Price Trends
0.03
Negative
0.03
Negative
0.05
Negative
Market Momentum
>-0.01
Positive
42.18
Neutral
33.33
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:MYR, the sentiment is Negative. The current price of 0.06 is above the 20-day moving average (MA) of 0.03, above the 50-day MA of 0.03, and above the 200-day MA of 0.05, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 42.18 is Neutral, neither overbought nor oversold. The STOCH value of 33.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:MYR.
Meryllion Resources Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
46 Neutral | C$121.14K | -0.09 | 57.03% | ― | ― | -73.91% | |
43 Neutral | C$7.25M | -28.57 | -12.45% | ― | ― | 5.56% | |
41 Neutral | C$2.81M | -1.95 | -228.86% | ― | ― | -96.92% | |
32 Underperform | C$2.87M | -5.77 | -8.74% | 10.00% | ― | ― |
* Basic Materials Sector Average
TSE:MYR
Meryllion Resources
0.03
-0.02
-37.50%
TSE:CCB
Canada Carbon
0.01
-0.01
-50.00%
TSE:ULT
Ultra Resources
0.02
>-0.01
-25.00%
TSE:VTT
Vendetta Mining
0.02
0.01
100.00%
TSE:SAO
South Atlantic Gold
0.07
0.05
180.00%
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.