M3 Metals (OTCPK:MLGC.F) - Stock Price, News & Analysis

MLGC.F Stock Overview

Engages in the acquisition, exploration, and development of mineral properties in North America. More details

MLGC.F fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	0/6
Past Performance	2/6
Financial Health	6/6
Dividends	0/6

Rewards

Price-To-Earnings ratio (9.7x) is below the US market (19.3x)

Became profitable this year

Risk Analysis

High level of non-cash earnings

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

Does not have a meaningful market cap ($2M)

Shares are highly illiquid

M3 Metals Corp. Competitors

Zincore Metals

OTCPK:ZCRM.F

US$852.3k

Brookmount Explorations

OTCPK:BMXI

US$6.5m

Rocky Mountain Industrials

OTCPK:RMRI

US$1.8m

Global Gas

OTCPK:HGAS

US$1.5m

Price History & Performance

Summary of all time highs, changes and price drops for M3 Metals
Historical stock prices
Current Share Price	CA$0.16
52 Week High	CA$0.33
52 Week Low	CA$0.15
Beta	0.37
11 Month Change	0%
3 Month Change	n/a
1 Year Change	n/a
33 Year Change	-82.86%
5 Year Change	-83.40%
Change since IPO	-99.90%

Recent updates

Shareholder Returns

	MLGC.F	US Metals and Mining	US Market
7D	0%	2.1%	2.2%
1Y	n/a	23.0%	32.6%

Return vs Industry: Insufficient data to determine how MLGC.F performed against the US Metals and Mining industry.

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

Price Volatility

Is MLGC.F's price volatile compared to industry and market?
MLGC.F volatility
MLGC.F Average Weekly Movement	n/a
Metals and Mining Industry Average Movement	8.2%
Market Average Movement	6.3%
10% most volatile stocks in US Market	15.8%
10% least volatile stocks in US Market	3.1%

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

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

About the Company

Founded	Employees	CEO	Website
2007	n/a	Kosta Tsoutsis	www.m3metalscorp.com

M3 Metals Corp. engages in the acquisition, exploration, and development of mineral properties in North America. The company explores for gold, iron, and other deposits. The company was formerly known as ML Gold Corp. and changed its name to M3 Metals Corp. in July 2019.

M3 Metals Corp. Fundamentals Summary

How do M3 Metals's earnings and revenue compare to its market cap?
MLGC.F fundamental statistics
Market cap	US$1.51m
Earnings (TTM)	US$155.64k
Revenue (TTM)	n/a

9.7x

P/E Ratio

0.0x

P/S Ratio

Is MLGC.F overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MLGC.F income statement (TTM)
Revenue	CA$0
Cost of Revenue	CA$0
Gross Profit	CA$0
Other Expenses	-CA$217.09k
Earnings	CA$217.09k

Last Reported Earnings

May 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.021
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0%

How did MLGC.F perform over the long term?

See historical performance and comparison

M3 Metals OTCPK:MLGC.F Stock Report