Melkior Resources Inc., a junior mining exploration company, engages in the acquisition and exploration of mineral properties in Canada.
Adequate balance sheet and overvalued.
Share Price & News
How has Melkior Resources's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MKR's share price has been volatile over the past 3 months.
7 Day Return
CA Metals and Mining
1 Year Return
CA Metals and Mining
Return vs Industry: MKR underperformed the Canadian Metals and Mining industry which returned 2.2% over the past year.
Return vs Market: MKR underperformed the Canadian Market which returned -2% over the past year.
Price Volatility Vs. Market
How volatile is Melkior Resources's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall StWho Has Been Buying Melkior Resources Inc. (CVE:MKR) Shares?
4 months ago | Simply Wall StDo Institutions Own Melkior Resources Inc. (CVE:MKR) Shares?
7 months ago | Simply Wall StDid You Manage To Avoid Melkior Resources's (CVE:MKR) Painful 60% Share Price Drop?
Is Melkior Resources undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate MKR's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate MKR's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: MKR is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.
PE vs Market: MKR is unprofitable, so we can't compare its PE Ratio to the Canadian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate MKR's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MKR is good value based on its PB Ratio (0.2x) compared to the CA Metals and Mining industry average (1.5x).
How is Melkior Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Materials industry annual growth in earnings
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 Melkior 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 SimplyWall St do have past financial data.
- Examine Melkior Resources's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Melkior Resources competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
How has Melkior Resources performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MKR is currently unprofitable.
Growing Profit Margin: MKR is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: MKR is unprofitable, but has reduced losses over the past 5 years at a rate of 79.3% per year.
Accelerating Growth: Unable to compare MKR's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: MKR is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (11.8%).
Return on Equity
High ROE: MKR has a negative Return on Equity (-0.59%), as it is currently unprofitable.
How is Melkior Resources's financial position?
Financial Position Analysis
Short Term Liabilities: MKR's short term assets (CA$1.3M) exceed its short term liabilities (CA$54.7K).
Long Term Liabilities: MKR has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: MKR is debt free.
Reducing Debt: MKR has not had any debt for past 5 years.
Inventory Level: MKR has a high level of physical assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if MKR's debt is covered by short term assets.
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.
Stable Cash Runway: Insufficient data to determine if MKR has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if MKR has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is Melkior Resources's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate MKR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate MKR's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if MKR's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MKR's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of MKR's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jim Deluce 0
Mr. Keith James Deluce serves as Director at Goldseek Resources Inc. Mr. Deluce also known as Jim, has been Chief Executive Officer of Melkior Resources Inc. since October 11, 2016. Mr. Deluce is a Commer ...
|CEO & Director||3.3yrs||no data||14.65% CA$425.5k|
|Chief Financial Officer||1.5yrs||CA$62.84k||no data|
|Corporate Secretary||1.5yrs||no data||no data|
Experienced Management: MKR's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 16.7%.
Melkior Resources Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Melkior Resources Inc.
- Ticker: MKR
- Exchange: TSXV
- Founded: 1986
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: CA$2.905m
- Shares outstanding: 19.37m
- Website: https://www.melkior.com
- Melkior Resources Inc.
- 66 Brousseau Avenue
- Suite 207
- P4N 5Y2
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|MKR||TSXV (TSX Venture Exchange)||Yes||Common Shares||CA||CAD||Aug 1988|
|MEK||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Aug 1988|
|MKRI.D||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Aug 1988|
Melkior Resources Inc., a junior mining exploration company, engages in the acquisition and exploration of mineral properties in Canada. The company primarily explores for gold, nickel, copper, platinum group elements, and volcanic mafic sulfide. Its flagship property is the Carscallen gold project with 320 claim units covering approximately 47 square kilometers located to the west of Timmins, Ontario. The company was founded in 1986 and is headquartered in Timmins, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/28 00:28|
|End of Day Share Price||2020/02/27 00:00|
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.