Morien Resources Corp (MOX) fair value: what the stock is really worth
As of Oct 14, 2026: fair value of Morien Resources Corp C$0.02, price C$0.19, upside -90.8%, quality 34 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Oct 9, 2026.
How to read this chart
60‑month range C$0.1660 – C$0.8105 · fair‑value band C$0.0085 – C$0.0170 · the C$0.1850 price screens above the C$0.0170 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Oct 9, 2026.
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Morien Resources Corp., a mining development company, engages in the identification and purchase of mineral interests and projects in Canada. It holds royalty interests in the Donkin coal mine located in Cape Breton, Nova Scotia; and the Black Point aggregate project situated in Guysborough County, Nova Scotia. Morien Resources Corp.
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Morien Resources Corp., a mining development company, engages in the identification and purchase of mineral interests and projects in Canada. It holds royalty interests in the Donkin coal mine located in Cape Breton, Nova Scotia; and the Black Point aggregate project situated in Guysborough County, Nova Scotia. Morien Resources Corp. has a strategic partnership with Carver Companies, LLC ("Carver") for the identification and advancement of the Lazy Head Aggregate project. The company was founded in 2012 and is headquartered in Halifax, Canada.
Stock analysis
Morien Resources Corp (MOX) currently trades at C$0.1850, while our model-based Fair Value estimate is C$0.0170, 90.8% below the price, so the stock looks overvalued today.
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Valuation
How firm this estimate is: it rests on 1 models at a data quality of 95/100, which puts the data coverage at low.
Scenario range: C$0.0085 (bear) to C$0.0170 (bull), the price of C$0.1850 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 34/100 (below-average quality), in the Energy sector.
Weak Growth: Revenue is shrinking: the last year, the last three and the last five years are all negative.
Morien Resources Corp reported revenue of C$22.7K in FY2025 versus C$60.8K in FY2021, a compound −21.8%/yr. Reported net income was −C$543K in FY2025.
Key figures
Market cap C$11.1M (≈ $7.8M) · EPS (TTM) C$−0.0100 · Return on equity −96.1% · Return on assets (EBIT) −38.6% · Revenue growth (YoY) +31.0% · EPS growth (YoY) +1,000% · Free cash flow −C$571K · Net cash C$373K.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 28 out of 100 (low confidence).
What moves the price
The share trades about 31% below its 52-week high and 3% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Energy peers we cover trades at −35% fair-value upside, at −91%, MOX screens richer than that median.
Fair Value models
BearC$0.0085Fair Value C$0.0170BullC$0.0170
Price C$0.1850 · Upside -90.8%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.0/100
Revenue is shrinking: the last year, the last three and the last five years are all negative.
Revenue growth 1 year
−72.5%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−49.2%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−38.1%
Start year 2020 (pandemic). Over 10 years: −4.2% a year
Revenue growth 17 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−11.4%
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Profit margin (trend) ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.
−228.0% (2020) → −3,644.0% (2025)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Thermal Coal · 85 stocks
Beats the industry median on 1/6 measures
Overall it trails its industry peers.
Valuation
Quality Score34 · Bottom 25%
Fair Value upside−90.8% · Bottom 25%
Profitability
Return on assets−18.6% · Bottom 25%
Operating margin (12 months)0.0% · Bottom 25%
Growth and dividend
Revenue growth31.0% · Top 25%
Valuation Multiplesvs Thermal Coal median · lower = cheaper
P/B5.92× · Priciest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 11
FUTURE (revenue growth)100· sector 55
PAST (return on equity)0· sector 28
HEALTH (low debt)0· sector 91
DIVIDEND (yield)0· sector 54
VALUE 0: the price sits above our fair-value range.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Is Morien Resources Corp (MOX) overvalued or undervalued?
As of Oct 9, 2026, our model estimates a fair value of C$0.0170 versus a price of C$0.1850, about −91% upside (overvalued).
What is the fair value of MOX?
Our model-based fair value for Morien Resources Corp is C$0.0170 (as of Oct 9, 2026), built from audited fundamentals. The current price: C$0.1850.
What is the quality score of MOX?
Morien Resources Corp has a Quality Score of 34/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Morien Resources Corp (MOX)?
Our model-based price target is the fair value of C$0.0170 (as of Oct 9, 2026) from 1 valuation models. Cautious scenario C$0.0085, optimistic scenario C$0.0170. It is a calculation from audited fundamentals, not an analyst target.
What is the Morien Resources Corp stock forecast for 2026?
Our models put fair value at C$0.0170, about −91% upside versus a price of C$0.1850 (overvalued). Cautious scenario C$0.0085, optimistic scenario C$0.0170. The calculation is refreshed regularly with new filings.
What is the intrinsic value of Morien Resources Corp (MOX)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Morien Resources Corp it is C$0.0170 per share (as of Oct 9, 2026), against a price of C$0.1850. It is the blended result of 1 valuation models (cash flow, earnings, asset, dividend).
Is Morien Resources Corp stock overvalued or undervalued in 2026?
As of Oct 9, 2026, MOX trades above its calculated fair value: price C$0.1850, fair value C$0.0170, a gap of about −91% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of MOX?
No. The price is what the market pays today (C$0.1850); the fair value is what the company's own numbers justify (C$0.0170). For Morien Resources Corp the two are C$0.1680 per share apart. That gap is exactly why we show both numbers side by side.
How much is Morien Resources Corp worth?
The market values Morien Resources Corp at about C$11.1M (market capitalisation, as of Oct 9, 2026). Per share that is C$0.1850; our models calculate a fair value of C$0.0170 per share.
What do the bullish and bearish scenarios say about MOX?
Our models span a range for Morien Resources Corp: cautious scenario C$0.0085, base C$0.0170, optimistic C$0.0170 per share (as of Oct 9, 2026, price C$0.1850). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of Morien Resources Corp (MOX)?
Balance-sheet figures for Morien Resources Corp (as of Oct 9, 2026): return on equity −96.1%. They feed the Quality Score of 34/100, which measures business quality independently of the share price.
How far is MOX from its 52-week high?
Morien Resources Corp trades at C$0.1850, about 31% below its 52-week high of C$0.2700 and 3% above the low of C$0.1800 (as of Oct 14, 2026). Distance from the high says nothing about value: that is what the fair value of C$0.0170 is for.
Which stocks are comparable to Morien Resources Corp?
From the same area (Energy) we also value China Shenhua Energy Company, Adani Enterprises Limited, Shaanxi Coal Industry Company, Yankuang Energy Group, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Morien Resources Corp stock attractive at the current price?
The data as of Oct 9, 2026: price C$0.1850, calculated fair value C$0.0170 (−91%), Quality Score 34/100, from 1 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of MOX calculated?
We run Morien Resources Corp through 1 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of C$0.0170, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.7 % above its aggregate fair value. Morien Resources Corp itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Morien Resources Corp (MOX)?
The closing price on Oct 14, 2026 was C$0.1850. Our model-based fair value is C$0.0170, about −91% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Morien Resources Corp right now?
The price sits above even our optimistic bull case (C$0.0170). The favourable scenario is already priced in. Weak quality (34/100) and above fair value at the same time, the margin of safety is missing on both counts. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. A fairly wide model range (C$0.0085 to C$0.0170) leaves room in how you read the outcome.
Key figures of Morien Resources Corp
How large is the market capitalisation of Morien Resources Corp (MOX)?
The market capitalisation of Morien Resources Corp is C$11.1M (≈ $7.8M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What are the earnings per share of Morien Resources Corp (MOX)?
Earnings per share at Morien Resources Corp are C$−0.0100. Earnings per share over the last twelve months: total profit spread across every single share.
What is the return on equity of Morien Resources Corp (MOX)?
The return on equity (ROE) of Morien Resources Corp is −96.1% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Morien Resources Corp (MOX)?
On an EBIT basis the return on assets of Morien Resources Corp is −38.6% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
How fast is revenue growing at Morien Resources Corp (MOX)?
Revenue at Morien Resources Corp is growing +31.0% versus a year earlier (3y avg −49.2%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Morien Resources Corp (MOX)?
Earnings per share at Morien Resources Corp are growing +1,000% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Morien Resources Corp (MOX) generate?
The free cash flow of Morien Resources Corp is −C$571K (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net cash does Morien Resources Corp (MOX) hold?
Morien Resources Corp holds more cash than debt, C$373K net (fiscal year 2023). The company holds more cash than debt, a safety cushion.
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