Morien Resources Corp.

Morien Resources Corp.

APMCF
Morien Resources Corp.US flagOther OTC
0.14
USD
- -
- -
6.95MMarket Cap
Morien Resources Corp.
APMCF
(Other OTC)

Recent

price

0.14

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
0.03
- -
- -
- -
- -
- -
- -
- -
0.02
0.02
- -
- -
- -
0.02
- -
- -
- -
Revenue per Share
-0.07
-1.05
-0.12
-0.02
-0.28
-0.02
-0.01
0.01
-0.01
0.02
-0.01
-0.01
-0.01
-0.01
-0.01
-0.01
-0.01
Basic EPS, GAAP
-0.05
-0.19
-0.04
-0.03
-0.01
-0.02
-0.01
-0.01
- -
- -
- -
-0.01
-0.01
0.01
-0.01
-0.01
-0.02
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
0.01
0.01
0.01
- -
- -
0.01
0.01
- -
- -
- -
Dividend per Share
-0.67
-6
-2.16
-0.46
-0.72
-0.66
-0.71
0.05
0.02
0.02
- -
-0.01
-0.03
-0.03
-0.05
-0.03
-0.03
Book Value per Share
0.22
0.34
2.04
0.38
0.14
0.09
0.09
0.08
0.06
0.06
0.04
0.04
0.02
0.01
0.01
0.03
0.02
Tangible Book Value per Share
21
3
10
49
51
58
54
53
54
53
52
51
51
51
51
52
54
Basic Weighted Avg Shares
1
- -
- -
- -
- -
- -
- -
- -
1
1
- -
- -
- -
1
- -
- -
- -
Sales/Revenue/Turnover
-281.41
- -
- -
- -
-727.57
-3,221.99
- -
-362.74
-70.69
-10.78
-227.98
-900.23
-371.1
-39.06
-1,066.32
-3,643.99
- -
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
-1
-4
-1
-1
-14
-1
-1
1
-1
1
-1
- -
-1
- -
-1
-1
-1
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
-263.86
- -
- -
- -
-12,125.2
-3,079.51
- -
347.36
-62.2
110.28
-225.02
-600.35
-314.65
-31.98
-744.47
-2,394.43
- -
Profit Margin (%)
- -
- -
2
1
7
3
3
4
3
3
3
2
1
1
1
2
2
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
5
1
20
19
7
5
5
4
3
3
2
2
1
1
- -
1
1
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
-2.74
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
76.58
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
-29.53
76.58
-77.6
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
51
60
60
Market Capitalization
13
13
11

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
1
3
2
Cash, Cash Equivalents & STI
1
2
1
Accounts Receivable, Net
- -
1
1
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
16.65%
48.21%
394.48%
Free Cash Flow
36.55%
145.92%
17.11%
Net Income, GAAP
-82.62%
11.74%
-11.47%
Sales/Revenue/Turnover
- -
80.19%
-72.47%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
-0.01
2025
- -
- -
- -
- -
-0.01
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
Morien Resources Corp. is a Canadian mining development company founded in 2012 and headquartered in Halifax, Nova Scotia. The company specializes in the identification and acquisition of mineral interests and projects, primarily operating in Nova Scotia. Morien holds key royalty interests including a gross production royalty on coal sales from the Donkin Coal Mine in Cape Breton, Nova Scotia, owned by Kameron Collieries ULC, and a royalty on the sale of crushed stone from the permitted Black Point Aggregate Project in Guysborough County, Nova Scotia. Its main products and services center on royalties derived from coal and aggregates, focusing on long-life, export-oriented resource development. Recently, Morien Resources has advanced the Lazy Head Aggregate Project in Nova Scotia through a strategic partnership established in 2024 with Carver Companies, LLC, a private U.S.-based producer and distributor of construction aggregates. This partnership aims to develop a high-quality aggregate quarry and associated marine terminal along Chedabucto Bay, designed to serve the U.S. East Coast aggregate market. The collaboration supports Morien's capital-efficient, partner-driven business model that reimburses its expenses and awards it milestone and production royalties. The project is poised to create approximately 75 local jobs and sustain long-term operations, with community benefit-sharing frameworks to distribute economic and social value across the Municipality District of Guysborough region. This recent initiative aligns with Morien's strategic shift to build a diversified royalty portfolio by leveraging Atlantic Canada's premium aggregate resources and regional expertise. Additionally, Morien continues to engage with stakeholders regarding the potential restart of operations at the Donkin Mine and has seen operational changes including the idling of the Donkin Mine since late 2023.