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.
Research context
MEC Resources Limited appears in PyInvesting’s Australia Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- AUD
- Sector
- Energy
- Industry
- Oil & Gas E&P
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5 years, 6 months ago
MEC Resources Limited is currently in a long term downtrend where the price is trading 0.0% below its 200 day moving average.
From a valuation standpoint, the stock is 100.0% cheaper than other stocks from the Energy sector with a price to sales ratio of 0.0.
MEC Resources Limited's total revenue sank by 68.4% to $590 since the same quarter in the previous year.
Its net income has increased by 60.8% to $-951K since the same quarter in the previous year.
Finally, its free cash flow grew by 43.5% to $-124K since the same quarter in the previous year.
Based on the above factors, MEC Resources Limited gets an overall score of 3/5.