Mec Resources Share Price and Company Fundamentals
Last traded: 01/10/2020
MEC Resources Limited, through its subsidiaries, operates as an oil and gas exploration and development company in Australia. It holds 100% interests in the EP386 and RL1 permit located in the onshore Bonaparte basin in the Western Australia and Northern Territory respectively; and an 85% interest in the PEP11 petroleum exploration permit located in the offshore Sydney basin. The company was incorporated in 2005 and is headquartered in South Perth, Australia.
|Primary activities||Offers investors an exciting structure through which to invest into exploration companies seeking large energy and mineral discoveries. Investment as a pooled development fund.|
|Industry / Sector||Oil & Gas E&P / Energy|
|Mailing address||9 Bowman Street Level 1 South Perth WA 6151 Australia|
|Phone / Fax||61 8 9217 2400 / 61 8 9217 2401|
|Share registry||BOARDROOM PTY LIMITED|
Mec Resources does not pay dividends.
As of Jan 2022, following are the company executives and directors listed on Mec Resources.
|Mr. David Leslie Breeze||MD & Director||67||217.94k|
|Mr. Robert Marusco ACG, BBus, CPA, Dip FS(FP), GradDip, SA FIN ACSA||Company Sec.||8.76k|
|Mr. Hock Goh B.E.||Consultant||66|
Profitability and management effectiveness
Return on assets
Return on equity
Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.
The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.
Valuation and Trading Info
The market capitalization of Mec Resources is and its enterprise value is .
The MMR's stocks Beta value is 0.01 making it 99% less volatile compared to ASX market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.
Companies similar to Mec Resources (MMR)
- Beach Energy (BPT)
- Cooper Energy (COE)
- New Hope Corporation (NHC)
- Origin Energy (ORG)
- Santos (STO)
- Viva Energy Group (VEA)
- Washington H Soul Pattinson & Company (SOL)
- Whitehaven Coal (WHC)
- Woodside Petroleum (WPL)
- Worley (WOR)
Mec Resources (ASX:MMR) Frequently Asked Questions
1. What is Mec Resources's Stock Symbol?
Mec Resources trades on ASX under the ticker symbol "MMR".
2. What is Mec Resources's stock price today?
One share of MMR stock can currently be purchased for approximately $0.004.
3. How can I contact Mec Resources?
Mec Resources's mailing address is 9 Bowman Street Level 1 South Perth WA 6151 Australia. The company can be reached via phone at 61 8 9217 2400.
4. What is Mec Resources's official website?
The official website of Mec Resources is https://www.mecresources.com.au.
5. Which share registry manages Mec Resources's stock?
Mec Resources's stock is managed by BOARDROOM PTY LIMITED.