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Home CompaniesMec Resources Ltd

Mec Resources Ltd

Energy Oil & Gas E&P
PortfolioPortfolio WatchlistWatchlist
Company price
0.001 AUD -0.00 ( 50.00%)
Last update at 2026-11-05T23:57:00Z
VOLUME
661607
Market Cap
3.74M

Momentum Score

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MEC Resources Limited, through its subsidiaries, engages in the exploration and development of oil, gas, and hydrocarbons in Australia. The company's portfolio includes Retention Licence 1, which contains the Weaber Gas Field, located in the onshore Bonaparte Basin on the border between the Northern Territory and Western Australia. It also engages in the production of hydrogen and conductive carbon, as well as neurotechnology and medical technology businesses. The company was formerly known as MEC Strategic Ltd. MEC Resources Limited was incorporated in 2005 and is based in South Perth, Australia.

Source: TradingView
The charts and visual representations are sourced from TradingView through embedded widgets. For any issues with chart display, please visit the TradingView website

Day Price Range
0.00
Low
0.00
High
52 Week Price Range
0.00
Low
0.01
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

Mec Resources Ltd is an Australia-listed natural resources company with limited publicly available operational detail; it appears focused on mineral exploration and early-stage project development. Long-term growth drivers may include positive exploration results, favorable commodity prices, and access to capital, which could support resource delineation and project advancement and provide upside for investors who value commodity exposure.

Primary investment risks include high exploration and development risk, ongoing financing needs, commodity price volatility, and regulatory and permitting uncertainty.

Risk Score
High

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
0.00
Dividend Yield
-
Revenue TTM
0.12M
Revenue Per Share
-
Gross Profit TTM
0.12M
Debt / Equity
0.07
ROE
-26.39%
Net Debt
-1.38M
ROCE
-4.94%
Diluted EPS TTM
-

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2026-06-30 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Type yearly yearly yearly yearly yearly
Date 2026-06-30 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Income before tax -2.65M 0.21M -0.24M -0.48M -1.13M
Net income -2.65M 0.21M -0.49M -0.48M -1.24M
Selling general administrative - 0.51M 0.18M 0.45M 0.48M
Gross profit - - - -0.00M -0.00M
Ebit - - -0.22M -0.31M -0.93M
Ebitda -0.44M -0.52M -0.23M -0.31M -1.04M
Depreciation and amortization - - -0.01M 0.00M -0.11M
Operating income -0.44M -0.61M -0.22M -0.31M -0.93M
Other operating expenses 0.44M 0.61M 0.22M 0.58M 0.93M
Interest expense - 0.01M 0.01M 0.17M 0.08M
Tax provision - 0.00M 0.00M 0.00M 0.00M
Interest income - 0.73M 0.01M 0.02M 0.02M
Net interest income - - -0.01M -0.15M -0.06M
Income tax expense - - - 0.00M 0.11M
Total revenue - 0.09M 0.01M - -
Total operating expenses 0.44M 0.61M 0.22M 0.58M 0.93M
Cost of revenue - - - 0.00M 0.00M
Total other income expense net -2.21M 0.82M -0.28M 0.25M -0.19M
Net income from continuing ops - - -0.49M -0.48M -1.13M
Net income applicable to common shares - 0.21M -0.49M - -
Breakdown 2026-06-30 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Type yearly yearly yearly yearly yearly
Date 2026-06-30 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Total assets 9.43M 11.71M 8.23M 18.85M 20.59M
Other current assets - 0.00M 0.00M 0.00M 0.00M
Total liab 0.47M 0.55M 1.14M 8.46M 9.79M
Total stockholder equity 8.96M 11.16M 7.08M 10.39M 10.80M
Other current liab - - - - 0.38M
Common stock 36.19M 36.08M 32.21M 45.49M 45.42M
Capital stock - - 32.21M 45.49M 45.42M
Retained earnings -28.02M -25.36M -25.57M -36.13M -35.65M
Cash 1.38M 2.04M 0.22M 0.03M 0.95M
Total current liabilities 0.47M 0.55M 1.14M 1.25M 0.56M
Net debt -1.38M -2.04M 0.28M 7.21M 7.35M
Short term debt - - 0.50M 1.08M 0.00M
Short long term debt - - 0.50M 1.08M 0.00M
Short long term debt total - - 0.50M 7.24M 8.30M
Total current assets 2.14M 2.21M 0.22M 2.03M 3.05M
Long term investments - - 3.84M 0.34M 0.05M
Short term investments - - -4.16M 1.59M 1.48M
Net receivables 0.76M 0.16M - 0.41M 0.63M
Long term debt - - - 6.16M 8.30M
Inventory - - - -0.00M -0.00M
Accounts payable 0.47M 0.55M 0.64M 0.17M 0.18M
Accumulated other comprehensive income 0.79M 0.44M 0.44M 1.03M 1.03M
Non currrent assets other - - 4.16M - -
Non current assets total 7.29M 9.51M 8.00M 16.82M 17.55M
Breakdown 2026-06-30 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Type yearly yearly yearly yearly yearly
Date 2026-06-30 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Investments - - - 0.89M -3.33M
Total cashflows from investing activities -0.80M -0.75M 0.00M - -
Total cash from financing activities 0.35M 3.36M 0.16M -1.40M 5.12M
Net income -2.65M 0.21M -0.49M -0.56M -0.72M
Change in cash -0.66M 1.82M -0.00M -0.92M 0.79M
Begin period cash flow 2.04M 0.22M 0.22M 0.95M 0.16M
End period cash flow 1.38M 2.04M 0.22M 0.03M 0.95M
Total cash from operating activities -0.20M -0.79M -0.16M -0.17M -0.22M
Issuance of capital stock - - 0.16M - 2.40M
Depreciation - - - 0.00M 0.00M
Other cashflows from investing activities - -0.75M 0.00M - -
Change to account receivables 0.16M -0.16M - - -
Sale purchase of stock - 3.54M 0.16M -0.03M -0.18M
Other cashflows from financing activities - - - -0.31M 3.50M
Capital expenditures 0.00M 0.00M 0.00M 2.15M 3.33M
Change in working capital 0.19M -0.25M 0.01M 0.21M 0.50M
Other non cash items 2.26M -0.75M -0.16M 0.18M -0.06M
Free cash flow -0.20M -0.79M -0.16M 1.98M -3.55M

Peer Comparison*

Sector: Energy Industry: Oil & Gas E&P

Stock Name
Change
(AUD)
Price
(AUD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
MMR
Mec Resources Ltd		 -0.00
50.00%		 0.00 - - 30.26 0.42 1077.38 7.43
WDS
Woodside Energy Group Ltd		 0.15
0.49%		 30.74 12.91 9.64 4.20 1.20 3.80 5.59
STO
Santos Ltd		 -
-%		 8.56 25.94 8.67 4.14 1.31 5.35 8.33
BPT
Beach Energy Ltd		 -0.01
1.10%		 0.90 7.58 4.68 1.09 0.64 1.31 2.67
TBN
Tamboran Resources Corporation		 -0.01
4.76%		 0.20 - - 1219.70 1.26 - -10.29

Profile*

Mec Resources Ltd

MEC Resources Limited, through its subsidiaries, engages in the exploration and development of oil, gas, and hydrocarbons in Australia. The company's portfolio includes Retention Licence 1, which contains the Weaber Gas Field, located in the onshore Bonaparte Basin on the border between the Northern Territory and Western Australia. It also engages in the production of hydrogen and conductive carbon, as well as neurotechnology and medical technology businesses. The company was formerly known as MEC Strategic Ltd. MEC Resources Limited was incorporated in 2005 and is based in South Perth, Australia.

9 Bowman Street, South Perth, WA, Australia, 6151

61 8 9217 2400

https://www.mecresources.com.au

Name Title Year Born
Mr. David Leslie Breeze MD & Director 1954
Mr. Robert Marusco ACG, BBus, CPA, Dip FS(FP), GradDip, SA FIN ACSA Company Sec. NA
Mr. Hock Goh B.E. Consultant 1955
Mr. Robert Marusco ACG, BBus, CPA, Dip FS(FP), GradDip, SA FIN ACSA Company Secretary NA
Mr. Robert Marusco ACG, BBus, CPA, Dip FS(FP), GradDip, SA FIN ACSA Company Secretary NA
Mr. Robert Marusco ACG, BBus, CPA, Dip FS(FP), GradDip, SA FIN ACSA Company Secretary NA
Mr. Robert Marusco ACG, BBus, CPA, Dip FS(FP), GradDip, SA FIN ACSA Company Secretary NA

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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