CVE:MCS

McChip Resources Stock Forecast, Price & News

C$1.06

-0.07 (-6.19 %)

(As of 07/23/2021 05:41 PM ET)

Add

Compare

Today's Range

C$1.06

▼

C$1.07

50-Day Range

C$0.88

▼

C$1.28

52-Week Range

C$0.42

▼

C$1.29

Volume984 shs

Average Volume5,648 shs

Market CapitalizationC$6.00 million

P/E Ratio2.36

Dividend Yield3.77%

BetaN/A

30 days | 90 days | 365 days | Advanced Chart

Receive MCS News and Ratings via Email

Sign-up to receive the latest news and ratings for McChip Resources and its competitors with MarketBeat's FREE daily newsletter.

About McChip Resources

McChip Resources Inc. operates in the natural resource industry in Canada. The company invests in petroleum interests in Western Canada, as well as direct and indirect interests in minerals. It 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. McChip Resources Inc. was incorporated in 1935 and is based in Toronto, Canada.

Headlines

No headlines for this company have been tracked by MarketBeat.com

Industry, Sector and Symbol

Stock Exchange CVE
Industry Industrial Metals & Minerals
Sub-IndustryN/A
SectorBasic Materials
Current SymbolCVE:MCS
Previous Symbol
CUSIPN/A
CIKN/A
WebN/A
Phone+1-416-3642173
EmployeesN/A
Year FoundedN/A

Sales & Book Value

Annual SalesC$3.15 million
Price / Sales1.91
Cash FlowC$0.96 per share
Price / Cash Flow1.11
Book ValueC$1.07 per share
Price / Book0.99

Profitability

Debt

Price-To-Earnings

Miscellaneous

Outstanding Shares5,660,000
Market CapC$6.00 million
Next Earnings Date8/26/2021 (Estimated)
OptionableOptionable

MarketRank^™

Overall MarketRank^™

1.19 out of 5 stars

0.0 Analyst's Opinion

Consensus Rating
There is not enough analysis data for McChip Resources.

2.4 Community Rank

Outperform Votes
McChip Resources has received 51 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
McChip Resources has received 56 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
McChip Resources has received 52.34% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about McChip Resources and other stocks. Vote “Outperform” if you believe MCS will outperform the S&P 500 over the long term. Vote “Underperform” if you believe MCS will underperform the S&P 500 over the long term. You may vote once every thirty days.

1.7 Dividend Strength

Dividend Yield
McChip Resources pays a meaningful dividend of 3.77%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
McChip Resources does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of McChip Resources is 8.89%. This payout ratio is at a healthy, sustainable level, below 75%.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, McChip Resources insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$12,000.00 in company stock.

1.9 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of McChip Resources is 2.36, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 19.84.
Price to Earnings Ratio vs. Sector
The P/E ratio of McChip Resources is 2.36, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 25.02.
Price to Book Value per Share Ratio
McChip Resources has a P/B Ratio of 0.99. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

McChip Resources (CVE:MCS) Frequently Asked Questions

What stocks does MarketBeat like better than McChip Resources?

Wall Street analysts have given McChip Resources a "N/A" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but McChip Resources wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is McChip Resources' next earnings date?

McChip Resources is scheduled to release its next quarterly earnings announcement on Thursday, August 26th 2021.
View our earnings forecast for McChip Resources.

How were McChip Resources' earnings last quarter?

McChip Resources Inc. (CVE:MCS) released its earnings results on Thursday, May, 27th. The company reported ($0.19) earnings per share (EPS) for the quarter. The firm earned ($0.94) million during the quarter.
View McChip Resources' earnings history.

Is McChip Resources a good dividend stock?

McChip Resources pays an annual dividend of C$0.04 per share and currently has a dividend yield of 3.77%. The dividend payout ratio of McChip Resources is 8.89%. This payout ratio is at a healthy, sustainable level, below 75%.
View McChip Resources' dividend history.

Who are McChip Resources' key executives?

McChip Resources' management team includes the following people:

Mr. Richard Duncan McCloskey BSc, MBA, CEO, Pres & Director (Age 70, Pay $138.86k)
Mr. Edward G. Dumond, CFO, Corp. Sec. & Director

Who are some of McChip Resources' key competitors?

Some companies that are related to McChip Resources include Ion Energy (ION), Sonoro Gold Corp. (SMO.V) (SMO), Golden Predator Mining (GPY), Nubian Resources (NBR), Baru Gold Corp. (EAS.V) (EAS), Aura Energy (AURA), AurCrest Gold (AGO), New Age Metals (NAM), Firesteel Resources (FTR), Mirasol Resources (MRZ), Amarc Resources (AHR), Power Metal Resources (POW), Condor Resources (CN), Orex Minerals (REX) and Aquila Resources (AQA).
View all of MCS's competitors.

What other stocks do shareholders of McChip Resources own?

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

What is McChip Resources' stock symbol?

McChip Resources trades on the Canadian Venture Exchange (CVE) under the ticker symbol "MCS."

How do I buy shares of McChip Resources?

Shares of MCS 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.
Compare Top Brokerages Here.

What is McChip Resources' stock price today?

One share of MCS stock can currently be purchased for approximately C$1.06.

How much money does McChip Resources make?

McChip Resources has a market capitalization of C$6.00 million and generates C$3.15 million in revenue each year.

Where are McChip Resources' headquarters?

McChip Resources is headquartered at 150 York St Suite 410, TORONTO, ON M5H 3S5, Canada.

How can I contact McChip Resources?

McChip Resources' mailing address is 150 York St Suite 410, TORONTO, ON M5H 3S5, Canada. The company can be reached via phone at +1-416-3642173.

This page was last updated on 7/27/2021 by MarketBeat.com Staff

30 Days of MarketBeat All Access for $1.00

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your Risk-Free Trial Subscription Here