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McChip Resources MCS.V · CAD

Energy · TSX Venture · 🇨🇦 Canada

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0.69

0.00%

Close of 9 Nov 2026, in CAD

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About McChip Resources

Its shares trade on TSX Venture under the ticker MCS.V. It has been listed since 2 October 2000. In the fiscal year to 31 December 2024, it reported revenue of C$1.5m and net income of C$2.9m. At that date it held total assets of C$12.8m and shareholders' equity of C$10.7m.

McChip Resources, Inc. operates in the natural resource industry. The company is headquartered in Toronto, California. The company went IPO on 2000-10-02. The firm invests in petroleum interests in Western Canada, as well as direct and indirect interests in minerals. Its indirect interests are in the form of marketable securities and investment in other companies, which are listed on recognized exchanges. The firm's project is Saskatchewan Potash Project, which is located in the province of Saskatchewan, Canada. The firm owns a working interest in approximately 4,150 acres and over 240 acres in the Rocainville Area, located in southeastern Saskatchewan. The firm also receives royalties from potash leases. The firm's investments are primarily represented by shares of natural resource-based companies listed on a recognized exchange.

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Energy
Industry
Oil, Gas & Consumable Fuels
Listed since
2 Oct 2000
Employees
4

Leadership

Pay as last reported

  • Mr. Richard McCloskeyPresident, Chief Executive Officer, DirectorC$160,578
  • Mr. Edward DumondChief Financial Officer, Corporate Secretary, Director, since 1985C$117,537
  • Mr. Douglas BoltonIndependent Director
  • Mr. Timothy GouldIndependent Director
  • Mr. Gordon McCrearyIndependent Director
  • Mr. Anthony WeldonIndependent Director

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
0
Environment
0
Social
0
Governance
0

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • McChip Resources Inc has a strong market presence with a well-established brand and a loyal customer base. This provides them with a competitive advantage in attracting and retaining customers.
  • McChip Resources Inc offers a diverse range of products, catering to various customer needs. This allows them to capture a larger market share and adapt to changing consumer demands effectively.

Weaknesses

  • McChip Resources Inc has a limited global presence, primarily operating in a few select regions. This restricts their market reach and potential for growth in untapped international markets.
  • McChip Resources Inc heavily relies on a few key suppliers for their raw material requirements. Any disruption in the supply chain could negatively impact their production capabilities and lead to increased costs.

Opportunities

  • McChip Resources Inc can explore expansion into emerging markets, where there is a growing demand for their products. This can open up new revenue streams and contribute to their overall growth trajectory.
  • Rapid technological advancements offer McChip Resources Inc the opportunity to innovate and develop new products. This can give them a competitive edge in the market and attract tech-savvy customers.

Threats

  • McChip Resources Inc operates in a highly competitive industry, facing competition from both established players and new entrants. This can put pressure on pricing and market share, affecting their profitability.
  • Fluctuations in the economy can impact the purchasing power of customers, potentially reducing demand for McChip Resources Inc's products. They need to closely monitor economic trends and adjust their strategies accordingly.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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