McChip Resources (MCS) Stock Price, News & Analysis

Company Overview

McChip Resources Inc. operates in the natural resource industry in Canada. The company invests in petroleum interests, as well as direct and indirect interests in minerals. It also holds interest in the Saskatchewan Potash project located in the province of Saskatchewan. The company was formerly known as Madsen Red Lake Gold Mines Limited and changed its name to McChip Resources Inc. in May 1981. The company was incorporated in 1935 and is based in Toronto, Canada.

Key Stats

• Today's Range: C$0.80 to C$0.80
• 50-Day Range: C$0.60 to C$0.80
• 52-Week Range: C$0.60 to C$0.92
• Volume: 500 shs
• Average Volume: 2,604 shs
• Market Capitalization: C$4.57 million
• P/E Ratio: 1.57
• Dividend Yield: 5.00%
• Price Target: N/A
• Consensus Rating: N/A

MCS Stock Analysis - Frequently Asked Questions

How have MCS shares performed this year?

McChip Resources' stock was trading at C$0.61 at the beginning of the year. Since then, MCS shares have increased by 31.1% and is now trading at C$0.80.
View the best growth stocks for 2024 here.

How were McChip Resources' earnings last quarter?

McChip Resources Inc. (CVE:MCS) announced its earnings results on Tuesday, August, 27th. The company reported $0.29 earnings per share for the quarter. The company earned $1.90 million during the quarter. McChip Resources had a net margin of 76.51% and a trailing twelve-month return on equity of 34.35%.

How do I buy shares of McChip Resources?

Shares of MCS stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
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What other stocks do shareholders of McChip Resources own?

Based on aggregate information from My MarketBeat watchlists, some other companies that McChip Resources investors own include Vanguard Value ETF (VTV), Shire (SHPG), Meta Platforms (META) and Applied Materials (AMAT).

Company Calendar

• Last Earnings: 8/27/2024
• Today: 11/05/2024
• Next Earnings (Estimated): 11/27/2024

Industry, Sector and Symbol

• Stock Exchange: CVE
• Sector: Energy
• Industry: Oil & Gas E&P
• Sub-Industry: Entertainment
• Current Symbol: CVE:MCS
• CUSIP: N/A
• CIK: N/A
• Web: www.marcuscorp.com
• Phone: +1-416-3642173
• Fax: N/A
• Employees: 7,500
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): C$0.51
• Trailing P/E Ratio: 1.57
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: C$2.90 million
• Net Margins: 76.51%
• Pretax Margin: N/A
• Return on Equity: 34.35%
• Return on Assets: 17.00%

Debt

• Debt-to-Equity Ratio: 20.21
• Current Ratio: 5.02
• Quick Ratio: 7.92

Sales & Book Value

• Annual Sales: C$3.79 million
• Price / Sales: 1.21
• Cash Flow: C$1.25 per share
• Price / Cash Flow: 0.64
• Book Value: C$1.71 per share
• Price / Book: 0.47

Miscellaneous

• Outstanding Shares: 5,710,000
• Free Float: N/A
• Market Cap: C$4.57 million
• Optionable: Not Optionable
• Beta: 0.48