MEGR · First America Resources Corp · Short Interest
$0.45
-0.02 (-4.26%)
At close · Oct 22
Return incl. dividend (before tax)
Going-concern doubt
— cleared Aug 13, 2026
The latest filing states the doubt was alleviated.
“The Company has a limited history of profitable operations and a working capital deficit, conditions which raised substantial doubt about its ability to continue as a going concern. However, the Company's recent operations have been profitable, and management's projections indicate positive cash flows through at least August 15, 2027. In addition, the Company's significant shareholders (Note 5) have demonstrated the ability and intent to fund the Company's operations through at least August 15, 2027. Management has concluded these factors alleviate the substantial doubt, and the financial statements have been prepared on a going concern basis.”View the 10-Q filed Aug 13, 2026
Market Cap
$39.58M
Shares
87.96M
Volume · Oct 22
5700
Avg daily vol (5 sessions)
3240
Shares sold short and not yet covered, reported twice monthly. Days to cover is the reported short position divided by average daily volume.
No Short Interest Data
No short interest data is available for this listed security yet.