Mercado Minerals Ltd
Mercado Minerals Ltd is a diversified mining company focused on the exploration and development of mineral resources in Canada.
Business. Mercado Minerals Ltd (MERC.CD) is a company operating in the Basic Materials sector, specifically within the Paper Products industry. The firm generates revenue through the sale of products. Specific details regarding operating segments, headquarters location, and primary stock exchange listings are not available in the provided data.
Analyst recommendations
4 analysts · consensus HoldAt a glance
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The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.
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Upcoming catalysts
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- Company
- EarningsQ3 2026 earnings (expected)2026-10-28 · estimated
- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
Signals & dispatch
Composite-score breakdown
Synthesis
Mercado Minerals Ltd (MERC.CD) is a company operating in the Basic Materials sector, specifically within the Paper Products industry. The firm generates revenue through the sale of products. Specific details regarding operating segments, headquarters location, and primary stock exchange listings are not available in the provided data.
Mercado Minerals Ltd has a capital structure with no long-term debt and a debt-to-equity ratio of 0.0, indicating a debt-free balance sheet. The company's liquidity position is weak, as evidenced by a current ratio of 0.07, suggesting limited short-term liquidity to cover immediate obligations. Despite this, the company reported positive free cash flow of CAD 39,560, which may provide some flexibility in managing operations.
The company's profitability is negative, with a return on equity of -18.31% and a return on assets of -11.03%, both significantly below the industry median for diversified mining companies. These metrics indicate that the company is not generating returns that meet the cost of capital or asset efficiency benchmarks in the sector.
Mercado Minerals Ltd operates in a single business segment focused on mineral exploration and development, with all operations concentrated in Canada. The company does not disclose revenue by geographic region, but its operations are entirely within Canada, indicating a high degree of geographic concentration.
The company's growth trajectory is uncertain, as it reported a net loss of CAD 35,440 and negative operating income of the same amount in the latest period. There are no disclosed plans for revenue growth or expansion in the near term, and the company's operating cash flow is negative at CAD -85,220.
The company's risk profile is characterized by low liquidity and low dilution risk, with no immediate filing-based liquidity or dilution flags detected. The absence of long-term debt and the lack of dilution risk suggest a relatively stable capital structure, but the company's negative operating cash flow and weak current ratio indicate potential liquidity constraints.
Recent events include the latest financial filing, which shows continued losses and negative operating cash flow. There are no disclosed recent events such as major acquisitions, regulatory changes, or significant operational developments that would impact the company's financial position.
- Mercado Minerals Ltd is a debt-free company with a weak liquidity position and negative profitability.
- The company's return on equity and return on assets are significantly below industry medians, indicating poor capital efficiency.
- All operations are concentrated in Canada, with no geographic diversification.
- The company reported a net loss and negative operating income in the latest period, with no clear path to profitability.
- The company has low liquidity and dilution risk, but its negative operating cash flow raises concerns about short-term solvency.
Bull / Bear case
Generated · model-assistedIn focus — financials by report
Valuation FY
Revenue by segment
Business relationships
Supply chain
Peer comparison
Market position
Stress test
Predictor forecast
- FY2026 — next full year (forecast) · projected off FY2025 close, as of 2025-12-31 · conf —1,4BFORECAST
- FY2026 — next full year (forecast) · projected off FY2025 close, as of 2025-12-31 · conf —463,5MFORECAST
- FY2025 — reported · conf —1,5BREPORTED
- FY2024 — reported · conf —1,5BREPORTED
- FY2025 — reported · conf —481,9MREPORTED
- FY2024 — reported · conf —468,1MREPORTED
Options
Short squeeze
Earnings-call key lines
Estimate revisions
consensus EPS · 26-week trendSell-side observations
Themes
ESG
Risk factors
- No immediate filing-based liquidity or dilution flags were detected.
Benchmarks vs cohort
Corporate actions / M&A
FX exposure
Comparable transactions
Derivatives & instruments
Derivative transactions
- COO, Pulp Products · Restricted Stock Units → Common StockAcquired 30 505grant · 2026-06-04
- Director, CEO & President · Restricted Stock Units → Common StockAcquired 126 808grant · 2026-06-04
- VP Sales, Marketing& Logistics · Restricted Stock Units → Common StockAcquired 10 750grant · 2026-06-04
- VP, Controller · Restricted Stock Units → Common StockAcquired 7 188grant · 2026-06-04
- COO, Wood Products · Restricted Stock Units → Common StockAcquired 26 764grant · 2026-06-04
- Senior VP, Innovation & Gov. · Restricted Stock Units → Common StockAcquired 18 665grant · 2026-06-04
- Chief Human Resources Officer · Restricted Stock Units → Common StockAcquired 13 612grant · 2026-06-04
- VP, Treasurer · Restricted Stock Units → Common StockAcquired 8 583grant · 2026-06-04
- Senior VP Global Wood Sourcing · Restricted Stock Units → Common StockAcquired 12 967grant · 2026-06-04
- CFO & Secretary · Restricted Stock Units → Common StockAcquired 31 504grant · 2026-06-04
- Director · Deferred Stock Units → Common StockAcquired 25 000grant · 2026-06-02
- Director · Cash Settled Deferred Stock Units → Common StockAcquired 25 000grant · 2026-06-02
- Director · Cash Settled Deferred Stock Units → Common StockAcquired 25 000grant · 2026-06-02
- Director · Deferred Stock Units → Common StockAcquired 41 250grant · 2026-06-02
- Director · Deferred Stock Units → Common StockAcquired 25 000grant · 2026-06-02
- Director · Cash Settled Deferred Stock Units → Common StockAcquired 25 000grant · 2026-06-02
- Director · Deferred Stock Units → Common StockAcquired 25 000grant · 2026-06-02
Physical assets
16 tracked| Asset | Type | Commodity | Country | Role |
|---|---|---|---|---|
| Cariboo Pulp & Paper power station | Power | Power | Canada | Registered owner |
| Cariboo Pulp & Paper power station | Power | Power | Canada | Parent |
| Peace River Pulp power station | Power | Power | Canada | Parent |
| Peace River Pulp power station | Power | Power | Canada | Registered owner |
| Peace River Pulp power station | Power | Power | Canada | Operating company |
| Rosenthal Mill power station | Power | Power | Germany | Operating company |
| Rosenthal Mill power station | Power | Power | Germany | Parent |
| Rosenthal Mill power station | Power | Power | Germany | Registered owner |
| Stendal Mill power station | Power | Power | Germany | Registered owner |
| Stendal Mill power station | Power | Power | Germany | Registered owner |
| Stendal Mill power station | Power | Power | Germany | Parent |
| Stendal Mill power station | Power | Power | Germany | Parent |
| Stendal Mill power station | Power | Power | Germany | Operating company |
| Stendal Mill power station | Power | Power | Germany | Operating company |
| Zellstoff Celgar Mill power station | Power | Power | Canada | Parent |
| Zellstoff Celgar Mill power station | Power | Power | Canada | Parent |
Actions
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- Market data
- Market data cache
- Issuer disclosures
- Public news
- Earnings transcripts
- Consensus estimates
- ESG data
- Dilution Ratio(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
- Return On Equitynet_income / total_equity
- Debt To Equity(short_term_debt + long_term_debt) / total_equity
- Cash Conversion Ratiooperating_cash_flow / net_income
- Return On Assetsnet_income / total_assets
- Mercado Minerals Ltd Market data — financials · 2026-05-28
Ownership & reference
Top holders
- Investment Managers · as of 2024-06-300,00 %$40M
- Investment Managers · as of 2026-03-310,00 %$4M
- Investment Managers · as of 2026-03-310,00 %$1M
- Brokerage Firms · as of 2026-03-310,00 %$2M
- Investment Managers · as of 2026-03-310,00 %$1M
- Investment Managers · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$1M
- Investment Managers · as of 2025-12-310,00 %$2M
- Investment Managers · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
- Funds · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
- Institutional Investor · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
Leadership
- Juan Carlos BuenoPresident, Chief Executive Officer, Director
Insider activity
- 10% owner · Common StockBought 1 210 @ $0,90$1K · 2026-06-12
- 10% owner · Common StockBought 200 @ $0,91$182 · 2026-06-12
- 10% owner · Common StockBought 36 000 @ $0,93$34K · 2026-06-12
- 10% owner · Common StockBought 14 031 @ $0,91$13K · 2026-06-12
- 10% owner · Common StockBought 136 000 @ $0,86$117K · 2026-06-11
- 10% owner · Common StockBought 36 000 @ $0,82$30K · 2026-06-10
- 10% owner · Common StockBought 23 637 @ $0,79$19K · 2026-06-09
- 10% owner · Common StockBought 34 733 @ $0,80$28K · 2026-06-08
- 10% owner · Common StockBought 36 000 @ $0,85$31K · 2026-06-05
- 10% owner · Common StockBought 36 000 @ $0,89$32K · 2026-06-04
- 10% owner · Common StockBought 1 047 @ $0,92$959 · 2026-06-02
- Director · Common StockOther 25 000 · 2026-06-02
- 10% owner · Common StockBought 36 000 @ $0,90$32K · 2026-06-01
- 10% owner · Common StockBought 16 000 @ $0,90$14K · 2026-06-01
- 10% owner · Common StockBought 10 154 @ $0,91$9K · 2026-06-01
- 10% owner · Common StockBought 2 731 @ $0,90$2K · 2026-06-01
- 10% owner · Common StockBought 105 000 @ $0,97$102K · 2026-05-19
- 10% owner · Common StockBought 380 000 @ $0,96$367K · 2026-05-18
- 10% owner · Common StockBought 215 000 @ $0,95$204K · 2026-05-15
- 10% owner · Common StockBought 200 000 @ $0,88$176K · 2026-05-14
- 10% owner · Common StockBought 43 000 @ $0,84$36K · 2026-05-12
- 10% owner · Common StockBought 57 000 @ $0,88$50K · 2026-05-12
- Director · Common StockBought 1 000 @ $1,90$2K · 2026-02-25
- 10% owner · Common StockBought 100 000 @ $1,72$172K · 2025-11-13
- 10% owner · Common StockBought 125 000 @ $1,74$218K · 2025-11-13
Short positioning
Geographic breakdown
Intel & risk
Evidence & claims
From filings & derived data- Shareholders' equity (YoY) (2025-12-31 vs 2024-12-31): -84.2%Derived (calculated)
- Net margin (FY 2025-12-31): -0.0%Derived (calculated)
- Return on equity (FY 2025-12-31): -0.7%Derived (calculated)
- Return on assets (FY 2025-12-31): -0.0%Derived (calculated)
- Current ratio (FY 2025-12-31): 3.05xDerived (calculated)
- Debt-to-equity (FY 2025-12-31): 28.99xDerived (calculated)
- Capex (YoY) (2025-12-31 vs 2024-12-31): 5.1%Derived (calculated)
- Cash & equivalents (YoY) (2025-12-31 vs 2024-12-31): 1.0%Derived (calculated)
- EPS (basic) (YoY) (2025-12-31 vs 2024-12-31): -485.8%Derived (calculated)
- EPS (diluted) (YoY) (2025-12-31 vs 2024-12-31): -485.8%Derived (calculated)
- Long-term debt (YoY) (2025-12-31 vs 2024-12-31): 8.9%Derived (calculated)
- Net income (YoY) (2025-12-31 vs 2024-12-31): -484.8%Derived (calculated)
- Operating cash flow (YoY) (2025-12-31 vs 2024-12-31): -90.5%Derived (calculated)
- Operating income (YoY) (2025-12-31 vs 2024-12-31): -2,750.4%Derived (calculated)
- Revenue (YoY) (2025-12-31 vs 2024-12-31): -8.6%Derived (calculated)
- Total assets (YoY) (2025-12-31 vs 2024-12-31): -9.8%Derived (calculated)
- Total liabilities (YoY) (2025-12-31 vs 2024-12-31): 7.6%Derived (calculated)
- Total liabilities (annual): USD 1.97BSEC XBRL filing
- Current liabilities (annual): USD 283.63MSEC XBRL filing
- Cash & equivalents (annual): USD 186.81MSEC XBRL filing
- EPS (diluted) (annual): USD-PER-SHARES -7SEC XBRL filing
- Operating income (annual): USD -397.75MSEC XBRL filing
- Long-term debt (annual): USD 1.61BSEC XBRL filing
- Operating cash flow (annual): USD 8.59MSEC XBRL filing