Mec Resources Share Price and Company Fundamentals



Price
$0.004
Change
0.000 (0.000%)
52 week
0.004 - 0.004

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.

Key Metrics

PE ratio

-

PB ratio

0.32

Dividend yield

Beta

0.01

Market cap

-

Enterprise value

-

Company profile

Primary activitiesOffers investors an exciting structure through which to invest into exploration companies seeking large energy and mineral discoveries. Investment as a pooled development fund.
Industry / SectorOil & Gas E&P / Energy
Websitehttps://www.mecresources.com.au
Mailing address9 Bowman Street Level 1 South Perth WA 6151 Australia
Phone / Fax61 8 9217 2400 / 61 8 9217 2401
Share registryBOARDROOM PTY LIMITED

Dividends

Mec Resources does not pay dividends.

Company Executives

As of Jan 2022, following are the company executives and directors listed on Mec Resources.

NameTitleAgeTotal Pay
Mr. David Leslie BreezeMD & Director67217.94k
Mr. Robert Marusco ACG, BBus, CPA, Dip FS(FP), GradDip, SA FIN ACSACompany Sec.8.76k
Mr. Hock Goh B.E.Consultant66

Profitability and management effectiveness

Profit margin

0.00%

Operating margin

0.00%

Return on assets

-6.90%

Return on equity

-13.26%

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)

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.