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Mustang Energy Corp.

CNSX:MEC Stock Report

Market Cap: CA$14.3m

Mustang Energy (MEC) Stock Overview

Engages in the exploration of resource properties in Canada. More details

MEC fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

Risk Analysis

Shareholders have been substantially diluted in the past year

Earnings have declined by 35.5% per year over past 5 years

Makes less than USD$1m in revenue (CA$0)

Does not have a meaningful market cap (CA$14M)


MEC Community Fair Values

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Mustang Energy Corp. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Mustang Energy
Historical stock prices
Current Share PriceCA$0.17
52 Week HighCA$0.46
52 Week LowCA$0.15
Beta2.91
1 Month Change-24.44%
3 Month Change-34.62%
1 Year Change-19.05%
3 Year Changen/a
5 Year Change-79.76%
Change since IPO-96.96%

Recent News & Updates

Recent updates

Shareholder Returns

MECCA Oil and GasCA Market
7D-8.1%0.1%0.4%
1Y-19.0%7.4%19.9%

Return vs Industry: MEC underperformed the Canadian Oil and Gas industry which returned 5.2% over the past year.

Return vs Market: MEC underperformed the Canadian Market which returned 19.3% over the past year.

Price Volatility

Is MEC's price volatile compared to industry and market?
MEC volatility
MEC Average Weekly Movement12.7%
Oil and Gas Industry Average Movement8.2%
Market Average Movement9.1%
10% most volatile stocks in CA Market18.2%
10% least volatile stocks in CA Market3.5%

Stable Share Price: MEC has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: MEC's weekly volatility has decreased from 20% to 13% over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/an/aNick Lukshawww.mustangenergy.ca

Mustang Energy Corp. engages in the exploration of resource properties in Canada. It explores for uranium deposits. Its flagship property is the 100% owned Ford Lake project, which consists of four claims covering an area of 7,743 hectares located in the eastern Athabasca Basin.

Mustang Energy Corp. Fundamentals Summary

How do Mustang Energy's earnings and revenue compare to its market cap?
MEC fundamental statistics
Market capCA$14.31m
Earnings (TTM)-CA$3.92m
Revenue (TTM)n/a
0.0x
P/S Ratio
-3.4x
P/E Ratio

Is MEC overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MEC income statement (TTM)
RevenueCA$0
Cost of RevenueCA$0
Gross ProfitCA$0
Other ExpensesCA$3.92m
Earnings-CA$3.92m

Last Reported Earnings

Mar 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)-0.049
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0%

How did MEC perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/07/08 03:31
End of Day Share Price 2025/07/08 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Mustang Energy Corp. is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Namhyun JangKorea Investment & Securities Co., Ltd.