Mustang Energy (OTCPK:MECP.F) - Stock Price, News & Analysis

MECP.F Stock Overview

Engages in the exploration of uranium deposits in the Athabasca Basin in North Saskatchewan. More details

MECP.F fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	3/6
Financial Health	6/6
Dividends	0/6

Rewards

Trading at 59.7% below our estimate of its fair value

Became profitable this year

Risk Analysis

High level of non-cash earnings

Shareholders have been substantially diluted in the past year

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

Shares are highly illiquid

+ 1 more risk

Mustang Energy Corp. Competitors

Mesa Royalty Trust

NYSE:MTR

US$13.0m

Abraxas Petroleum

OTCPK:AXAS

US$10.3m

Marine Petroleum Trust

NasdaqCM:MARP.S

US$7.8m

ECA Marcellus Trust I

OTCPK:ECTM

US$8.1m

Price History & Performance

Summary of all time highs, changes and price drops for Mustang Energy
Historical stock prices
Current Share Price	CA$0.23
52 Week High	CA$0.71
52 Week Low	CA$0.18
Beta	2.45
11 Month Change	n/a
3 Month Change	n/a
1 Year Change	n/a
33 Year Change	n/a
5 Year Change	n/a
Change since IPO	-67.12%

Recent News & Updates

No updates

Recent updates

No updates

Shareholder Returns

	MECP.F	US Oil and Gas	US Market
7D	0.3%	2.6%	0.3%
1Y	n/a	17.2%	31.1%

Return vs Industry: Insufficient data to determine how MECP.F performed against the US Oil and Gas industry.

Return vs Market: Insufficient data to determine how MECP.F performed against the US Market.

Price Volatility

Is MECP.F's price volatile compared to industry and market?
MECP.F volatility
MECP.F Average Weekly Movement	n/a
Oil and Gas Industry Average Movement	5.4%
Market Average Movement	6.2%
10% most volatile stocks in US Market	15.8%
10% least volatile stocks in US Market	3.1%

Stable Share Price: MECP.F's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: Insufficient data to determine MECP.F's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2015	n/a	Nick Luksha	www.mustangenergy.ca

Mustang Energy Corp. engages in the exploration of uranium deposits in the Athabasca Basin in North Saskatchewan. The company holds interest in the Ford Lake Property consists of three claims covering an area of 7,433 hectares in the prolific Eastern Athabasca Basin near the margin of the Mudjatik and Wollaston Domain. It also holds option agreement to acquire Skyharbour’s 914W Uranium Project located in the Athabasca Basin of Northern Saskatchewan.

Mustang Energy Corp. Fundamentals Summary

How do Mustang Energy's earnings and revenue compare to its market cap?
MECP.F fundamental statistics
Market cap	US$11.35m
Earnings (TTM)	US$487.61k
Revenue (TTM)	n/a

23.3x

P/E Ratio

0.0x

P/S Ratio

Is MECP.F overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MECP.F income statement (TTM)
Revenue	CA$0
Cost of Revenue	CA$32.76k
Gross Profit	-CA$32.76k
Other Expenses	-CA$714.65k
Earnings	CA$681.89k

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.014
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0%

How did MECP.F perform over the long term?

See historical performance and comparison