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Meryllion Resources

CNSX:MYR
Snowflake Description

Worrying balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
MYR
CNSX
CA$1M
Market Cap
  1. Home
  2. CA
  3. Materials
Company description

Meryllion Resources Corp., a natural resource company, engages in the acquisition and exploration of resource properties. The last earnings update was 16 days ago. More info.


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MYR Share Price and Events
7 Day Returns
0%
CNSX:MYR
-2.1%
CA Metals and Mining
0.3%
CA Market
1 Year Returns
-50%
CNSX:MYR
-5.9%
CA Metals and Mining
0.7%
CA Market
MYR Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Meryllion Resources (MYR) 0% - 0% -50% 200% -85.7%
CA Metals and Mining -2.1% 1.4% 13.1% -5.9% 8.9% -22%
CA Market 0.3% 2% 13.2% 0.7% 16.6% 5.6%
1 Year Return vs Industry and Market
  • MYR underperformed the Metals and Mining industry which returned -5.9% over the past year.
  • MYR underperformed the Market in Canada which returned 0.7% over the past year.
Price Volatility
MYR
Industry
5yr Volatility vs Market

Value

 Is Meryllion Resources undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.

In this section, we usually try to help investors determine whether Meryllion Resources is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Meryllion Resources has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis. You can see them here.

Show me the analysis anyway

INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Meryllion Resources. This is due to cash flow or dividend data being unavailable. The share price is CA$0.015.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Meryllion Resources's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Meryllion Resources's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
CNSX:MYR PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in CAD CA$0.00
CNSX:MYR Share Price ** CNSX (2019-03-20) in CAD CA$0.02
Canada Metals and Mining Industry PE Ratio Median Figure of 115 Publicly-Listed Metals and Mining Companies 12.49x
Canada Market PE Ratio Median Figure of 542 Publicly-Listed Companies 14.78x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Meryllion Resources.

CNSX:MYR PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= CNSX:MYR Share Price ÷ EPS (both in CAD)

= 0.02 ÷ 0.00

-7.14x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Meryllion Resources is loss making, we can't compare its value to the CA Metals and Mining industry average.
  • Meryllion Resources is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Meryllion Resources's expected growth come at a high price?
Raw Data
CNSX:MYR PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -7.14x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Canada Metals and Mining Industry PEG Ratio Median Figure of 35 Publicly-Listed Metals and Mining Companies 0.7x
Canada Market PEG Ratio Median Figure of 253 Publicly-Listed Companies 1.2x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Meryllion Resources, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Meryllion Resources's assets?
Raw Data
CNSX:MYR PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in CAD CA$0.00
CNSX:MYR Share Price * CNSX (2019-03-20) in CAD CA$0.02
Canada Metals and Mining Industry PB Ratio Median Figure of 1,080 Publicly-Listed Metals and Mining Companies 1.44x
Canada Market PB Ratio Median Figure of 2,349 Publicly-Listed Companies 1.58x
CNSX:MYR PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= CNSX:MYR Share Price ÷ Book Value per Share (both in CAD)

= 0.02 ÷ 0.00

-11.5x

* Primary Listing of Meryllion Resources.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Meryllion Resources has negative assets, we can't compare the value of its assets to the CA Metals and Mining industry average.

Next steps:

  1. When valuing a company like this, investors focus more on how they perceive the potential returns from the core activities, the size of each contract's opportunity, and the capacity of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Meryllion Resources's regulatory filings and announcements.
  2. Show me more potentially undervalued companies in the Metals and Mining industry
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Value checks
We assess Meryllion Resources's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check)
  5. Meryllion Resources has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Meryllion Resources expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Meryllion Resources has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
33.3%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Meryllion Resources expected to grow at an attractive rate?
  • Unable to compare Meryllion Resources's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Meryllion Resources's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Meryllion Resources's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
CNSX:MYR Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 33.3%
Canada Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 7%
Canada Market Earnings Growth Rate Market Cap Weighted Average 17.8%
Canada Market Revenue Growth Rate Market Cap Weighted Average 6.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
CNSX:MYR Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
CNSX:MYR Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2018-12-31 0 0
2018-09-30 0 0
2018-06-30 0 0
2018-03-31 0 0
2017-12-31 0 0
2017-09-30 0 0
2017-06-30 0 0
2017-03-31 0 0
2016-12-31 0 0
2016-09-30 0 0
2016-06-30 0 -1
2016-03-31 0 -1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Meryllion Resources is high growth as no earnings estimate data is available.
  • Unable to determine if Meryllion Resources is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
CNSX:MYR Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Meryllion Resources Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

CNSX:MYR Past Financials Data
Date (Data in CAD Millions) EPS *
2018-12-31 0.00
2018-09-30 0.00
2018-06-30 0.00
2018-03-31 0.00
2017-12-31 -0.01
2017-09-30 -0.01
2017-06-30 -0.01
2017-03-31 -0.01
2016-12-31 -0.01
2016-09-30 -0.01
2016-06-30 -0.05
2016-03-31 -0.07

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Meryllion Resources will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Meryllion Resources's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Materials companies here
  2. Meryllion Resources's competitive advantages and company strategy can generally be found in its financial reports archived here.
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Meryllion Resources's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Canada market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Canada market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Meryllion Resources has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Meryllion Resources performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Meryllion Resources's growth in the last year to its industry (Metals and Mining).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Meryllion Resources does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Meryllion Resources's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Meryllion Resources's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Meryllion Resources's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Meryllion Resources Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

CNSX:MYR Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 -0.11 0.09
2018-09-30 -0.13 0.11
2018-06-30 -0.15 0.15
2018-03-31 -0.16 0.17
2017-12-31 -0.25 0.26
2017-09-30 -0.26 0.27
2017-06-30 -0.28 0.39
2017-03-31 -0.28 0.44
2016-12-31 -0.22 0.39
2016-09-30 -0.28 0.47
2016-06-30 -0.95 0.71
2016-03-31 -1.14 0.85
2015-12-31 -1.62 1.21
2015-09-30 -2.02 1.62
2015-06-30 -2.12 1.78
2015-03-31 -3.14 2.33
2014-12-31 -3.45 2.84
2014-09-30 -4.01 3.45
2014-06-30 -3.54 3.51
2014-03-31 -2.55 3.01
2013-12-31 -2.34 2.46
2013-09-30 -1.58 1.62
2012-09-30 -5.27 5.00

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Meryllion Resources has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.
  • It is difficult to establish if Meryllion Resources has efficiently used its assets last year compared to the CA Metals and Mining industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Meryllion Resources improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to its liabilities exceeding its assets.
X
Past performance checks
We assess Meryllion Resources's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Meryllion Resources has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Meryllion Resources's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Meryllion Resources's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Meryllion Resources's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Meryllion Resources has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Meryllion Resources's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Meryllion Resources has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Meryllion Resources Company Filings, last reported 2 months ago.

CNSX:MYR Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 -0.07 0.01 0.00
2018-09-30 -0.06 0.01 0.01
2018-06-30 -0.04 0.01 0.00
2018-03-31 -0.10 0.01 0.01
2017-12-31 -0.08 0.01 0.01
2017-09-30 -0.04 0.01 0.03
2017-06-30 -0.18 0.11 0.00
2017-03-31 -0.28 0.13 0.01
2016-12-31 -0.15 0.11 0.00
2016-09-30 -0.10 0.14 0.08
2016-06-30 -0.21 0.00 0.00
2016-03-31 -0.39 0.00 0.01
2015-12-31 -0.30 0.00 0.01
2015-09-30 -0.21 0.03 0.06
2015-06-30 0.47 0.00 0.10
2015-03-31 0.73 0.00 0.40
2014-12-31 1.27 0.00 1.06
2014-09-30 1.73 0.00 1.54
2014-06-30 2.54 0.00 2.14
2014-03-31 3.76 0.00 2.76
2013-12-31 4.54 0.00 3.86
2013-09-30 0.74 0.00 0.03
2012-09-30 0.71 0.00 0.18
  • Meryllion Resources has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if Meryllion Resources's debt level has increased considering it has negative shareholder equity.
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Meryllion Resources has less than a year of cash runway based on current free cash flow.
  • Meryllion Resources has less than a year of cash runway if free cash flow continues to reduce at historical rates of -85.7% each year.
X
Financial health checks
We assess Meryllion Resources's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Meryllion Resources has a total score of 1/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Meryllion Resources's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Meryllion Resources dividends.
If you bought CA$2,000 of Meryllion Resources shares you are expected to receive CA$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Meryllion Resources's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Meryllion Resources's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
CNSX:MYR Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Canada Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 28 Stocks 1.2%
Canada Market Average Dividend Yield Market Cap Weighted Average of 330 Stocks 3.5%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.1%
Canada Bottom 25% Dividend Yield 25th Percentile 2%
Canada Top 25% Dividend Yield 75th Percentile 5.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Meryllion Resources has not reported any payouts.
  • Unable to verify if Meryllion Resources's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Meryllion Resources's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Meryllion Resources has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Meryllion Resources's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Meryllion Resources afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Meryllion Resources has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Meryllion Resources's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Paul Haber
AGE 48
TENURE AS CEO 1.5 years
CEO Bio

Mr. Paul Haber, C.A., CPA has been Interim Chief Executive Officer of Meryllion Resources Corporation since September 14, 2017 and has been its Director since February 2018. Mr. Haber serves as the Chief Executive Officer, Chief Financial Officer and Corporate Secretary at Black Birch Capital Acquisition III Corp. and has been its Director since September 25, 2012. Mr. Haber serves as the Chief Executive Officer and President at Advantagewon Oil Corp. and has been its Director since July 11, 2017. He has been a Chief Financial Officer of Gunpowder Capital Corp. since December 07, 2015. He served as Interim Chief Financial Officer at Advantagewon Oil Corp. He served as Senior Vice President and Chief Financial Officer at Protana Inc. He served as Chief Financial Officer and Vice President at PESA Corporation from December 2004 to March 28, 2007 and its Corporate Secretary since December 2004. He served as a Chief Financial Officer of Oremex Gold Inc. until December 2012. He served as a Chief Financial Officer of New Sage Energy Corp. from December 2008 to December 31, 2012. He served as a Chief Financial Officer of CRS Electronics Inc. until October 01, 2012 and its Interim Chief Financial Officer since May 2010 and Director from 2009 to May 2012. He served as a Chief Financial Officer of Monarca Minerals Inc. from April 2009 to December 31, 2012. He served as a Chief Financial Officer of XDM Resources Inc. since February 08, 2011. He served as an Interim Chief Financial Officer of Nesscap Energy Inc. since January 2011. He served as Chairman, Chief Executive Officer, President, Chief Financial Officer and Corporate Secretary at Black Birch Capital Acquisition II Corp. and its Director since November 2009. He served as Chief Executive Officer, President, Chief Financial Officer and Secretary at Black Birch Capital Acquisition I Corp. since April 29, 2009 and its Director since January 26, 2009. He served as a Chief Financial Officer and Senior Vice President at SilverBirch Inc. since May 2008 and served as its Director. He served as an Interim Chief Fiannacial Officer of Migao Corporation from April 03, 2008 to July 01, 2008 and its Director from March 08, 2007 to February 2010. He served as a Chief Financial Officer and Corporate Secretary at Cline Mining Corp. since June 17, 2013. He served as a Chief Financial Officer of Northern Uranium Corp. since July 15, 2013 until May 31, 2014 and its Corporate Secretary and Director until May 31, 2014. He served as a Chief Financial Officer of SEL Exchange Inc. since May 2013 until September 02, 2014. He serves as the Chairman of the Board at Chinapintza Mining Corp. and has been its Director since June 13, 2013. He has been a Director of China Health Labs & Diagnostics Ltd. since October 20, 2010 and serves as its Lead Director. He has been a Director of High Desert Gold Corporation since June 25, 2007. He served as a Director of IND DairyTech Limited from 2007 to August 31, 2010 and its Lead Director until August 31, 2010. He served as a Director of JITE Technologies Inc. since July 08, 2006 and its Lead Independent Director since October 2006. He served as a Director of Podium Capital Corporation since May 20, 2009, PBS Coals Limited since 2007 and Penfold Capital Acquisition Corporation since 2007. He served as an Independent Director of CY Oriental Holdings Ltd. since May 2009, China One Corp. since 2007 and TriMetals Mining Inc. from December 01, 2006 to May 18, 2016. He has been a Director of Franchise Holdings International, Inc. since October 27, 2016. He was a Director of Minco Base Metals Corporation since March 03, 2011 until January 26, 2018. He served as a Director of KGIC Inc. from June 08, 2015 to March 22, 2016. Mr. Haber was awarded his Chartered Director designation from the DeGroote School of Business in partnership with the Conference Board of Canada. He is both a Chartered Accountant and a Certified Public Accountant, with an Honours Bachelors of Arts Degree in Management from the University of Toronto in 1994.

CEO Compensation
  • Insufficient data for Paul to compare compensation growth.
  • Insufficient data for Paul to establish whether their remuneration is reasonable compared to companies of similar size in Canada.
Management Team

Paul Haber

TITLE
Interim CEO & Director
AGE
48
TENURE
1.5 yrs

Frank Kordy

TITLE
Interim CFO & Secretary
AGE
42
TENURE
1.5 yrs

Willem Anton Fuchter

TITLE
Chief Executive Officer of Meryllion Argentina S.A.
COMPENSATION
CA$176K
AGE
65
Board of Directors Tenure

Average tenure of the Meryllion Resources board of directors in years:

3.1
Average Tenure
  • The tenure for the Meryllion Resources board of directors is about average.
Board of Directors

Paul Haber

TITLE
Interim CEO & Director
AGE
48
TENURE
1.1 yrs

John Fognani

TITLE
Director
COMPENSATION
CA$30K
TENURE
5.4 yrs

Ben Gelfand

TITLE
Director
TENURE
3.1 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
31. Oct 18 Buy Alan Grant Individual 01. Oct 18 16. Oct 18 211,000 CA$0.03 CA$6,268
07. Jun 18 Buy Alan Grant Individual 17. May 18 05. Jun 18 500,000 CA$0.03 CA$10,516
X
Management checks
We assess Meryllion Resources's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Meryllion Resources has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Does Meryllion Resources Corp (CNSX:MYR) Go Up With The Market?

If you are a shareholder in Meryllion Resources Corp’s (CNSX:MYR), or are thinking about investing in the company, knowing how it contributes to the risk and reward profile of your portfolio is important. … Generally, an investor should consider two types of risk that impact the market value of MYR. … The second risk is market-wide, which arises from investing in the stock market.

Simply Wall St -

Company Info

Description

Meryllion Resources Corp., a natural resource company, engages in the acquisition and exploration of resource properties. The company was incorporated in 2013 and is headquartered in Toronto, Canada. Meryllion Resources Corp. is a subsidiary of Kaizen Discovery Inc.

Details
Name: Meryllion Resources Corp.
MYR
Exchange: CNSX
Founded: 2013
CA$1,017,726
67,848,420
Website: http://meryllionresources.com
Address: Meryllion Resources Corp.
8 King Street,
Suite 1005,
Toronto,
Ontario, M5C 1B5,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
CNSX MYR Common Shares Canadian National Stock Exchange CA CAD 06. Dec 2013
OTCPK MYRL.F Common Shares Pink Sheets LLC US USD 06. Dec 2013
DB MRQ Common Shares Deutsche Boerse AG DE EUR 06. Dec 2013
Number of employees
Current staff
Staff numbers
0
Meryllion Resources employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/21 00:54
End of day share price update: 2019/03/20 00:00
Last earnings filing: 2019/03/05
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/09/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.