MERC · Mercer International Inc.
$0.32
+0.00 (+0.84%)
At close · Oct 2
Return incl. dividend (before tax)
Going-concern doubt
— flagged Aug 6, 2026
Substantial doubt about the company's ability to continue as a going concern.
“However, as further described below, substantial doubt exists regarding the Company's ability to continue as a going concern for the one-year period from the issuance of these Interim Consolidated Financial Statements.”View the 10-Q filed Aug 6, 2026
Market Cap
$21.45M
Shares
67.02M
Volume · Oct 1
1.09M
Avg daily vol (3M)
3.21M
Price & Indicators
20d MA
50d MA
200d MA
Earnings
Filing
Insider
Congress
Investor day
Close$0.32
Open$0.31
Day$0.31–0.33
52W close$0.31–2.90
Avg vol 30d6.2M
Short int5.5M · 8.2% float · 6.5d
Short vol65%
Last earningsAug 7, 2026
DataJan 2020–Oct 2026
Filing10-Q · Aug 6
Up next
Next earnings call
Nov 10, 2026
Est · unconfirmed
· in 6 wks
filed Aug 6, 2026
call held Aug 7, 2026
Metrics snapshot
Useful current figures from the complete screener profile.
Revenue (TTM)
$1.86B
Trailing 12 months
Net income (TTM)
−$517.45M
Trailing 12 months
Revenue growth YoY
+1.5%
Year over year
Operating margin
-23.6%
Trailing 12 months
P / E (TTM)
—
Trailing earnings
FCF yield
-718.7%
TTM · current market cap
Return on invested capital
—
Trailing 12 months
Net cash
−$1.56B
Latest balance sheet
Dividend yield
—
Trailing 12 months
Shares change YoY
+0.2%
Year over year · more shares
Price change (1Y)
-89.2%
Trailing year
Short interest
8.2%
Latest settlement · 6.5 days to cover
Equibles Rating
blended score · not investment adviceOverall
Strong Sell
SellHoldBuy
Technical
Sell
Momentum
Very Weak
Sentiment
Neutral
Fundamentals
Poor
Quant / Vol
Very High
Market backdrop
VIX 16.4 · calm
Equity put/call 0.57
Technical
price trend
50 / 200-day cross
No cross
Price vs 200-day avg
−73%
below
Price vs 50-day avg
−29%
below
RSI (14)
31
neutral
MACD trend
Positive
52-week position
0%
near low
Momentum
relative strength
1-month return
−11%
trailing
6-month return
−71%
trailing
YTD return
−84%
this year
Relative strength
−84%
vs S&P · 6-mo
Sentiment
smart money
Trend (MA cross)
No cross
50d $0 › 200d $1 — 200d above 50d
Institutional flow
Distributing
-12% holders QoQ · +7 funds added
Insider flow
Flat
No net insider activity over 90 days
Short interest
Falling
8.22% of float · ▼ -32.9% MoM · 6.5 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr low
68 holders — near 3-yr low, contrarian setup
Squeeze score
55
elevated · 0–100
Fundamentals
Revenue growth
+25%
Y/Y
Gross margin
8%
contracting
EPS growth
−486%
Y/Y
Free cash flow
$-80.0M
Balance sheet
$1.4B
net debt
Quant / Vol
risk profile
Volatility
80%
annualized · 1-yr
Max drawdown
−89%
past year
ATR
10.8%
of price · 14-day
Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Latest guidance
· from the Earnings Call filed Dec 31, 2025
Mass Timber sales
· this year
at least $120M
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders Sell
50 / 200-day cross
No cross
Neutral
Price vs 200-day avg
−73%
Bearish
Price vs 50-day avg
−29%
Bearish
RSI (14)
31
Neutral
MACD trend
Positive
Bullish
52-week position
0%
Bearish
Market signals — smart money & positioning
Mixed
Trend (MA cross)
No cross
50d $0 › 200d $1 — 200d above 50d
Institutional flow
Distributing
-12% holders QoQ · +7 funds added
Insider flow
Flat
No net insider activity over 90 days
Short interest
Falling
8.22% of float · ▼ -32.9% MoM · 6.5 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr low
68 holders — near 3-yr low, contrarian setup
Price context
position in its 52-week range
Range low $0
Now $0 · 0%
Range high $3
vs 200-day avg -73%
vs 50-day avg -29%
Illustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Aggregate liquidity | $191.7M | as of June 30, 2026 | — |
| Average energy sales realizations | $109 | second quarter of 2026 | — |
| Average NBHK pulp prices China | $602 | second quarter of 2026 | — |
| Average NBHK pulp prices North America | $1,495 | second quarter of 2026 | — |
| Average NBSK pulp prices China | $658 | second quarter of 2026 | — |
| Average NBSK pulp prices Europe | $1,655 | second quarter of 2026 | — |
| Average NBSK pulp prices North America | $1,577 | second quarter of 2026 | — |
| Biofuels average sales realizations | $310 | second quarter of 2026 | — |
| Biofuels production | 37.3K | second quarter of 2026 | — |
| Biofuels sales | 34.6K | second quarter of 2026 | — |
| Energy production | 483K | second quarter of 2026 | — |
| Energy sales | 162.3K | second quarter of 2026 | — |
| Lumber production | 123.8 | second quarter of 2026 | — |
| Lumber sales realizations | $565 | Q2 2026 | — |
| Lumber sales volumes | 100.3 | Q2 2026 | — |
| Manufactured products sales realizations | $2,206 | second quarter of 2026 | — |
| Mass timber order book and commitments | $151M | Q2 2026 | — |
| NBHK pulp sales realizations | $607 | Q2 2026 | — |
| NBSK pulp sales realizations | $682 | Q2 2026 | — |
| One Goal One Hundred cost savings (cumulative since launch) | $54M | Q2 2026 | — |
| One Goal One Hundred cost savings (quarter) | $13M | Q2 2026 | — |
| Operating EBITDA non-GAAP | -$20.99M | second quarter of 2026 | — |
GAAP → non-GAAP reconciliationGAAP Net loss -75.98M
-13.41M Income tax recovery
+30.92M Interest expense
-503K Other expenses (income)
+37.98M Add: Depreciation and amortization
= Operating EBITDA -20.99M
|
|||
| Pallets average sales realizations | $13 | second quarter of 2026 | — |
| Pallets production | 2.31M | second quarter of 2026 | — |
| Pallets sales | 2.42M | second quarter of 2026 | — |
| Pulp production | 455,769 | Q2 2026 | — |
| Pulp production NBHK | 65.8K | second quarter of 2026 | — |
| Pulp production NBSK | 390K | second quarter of 2026 | — |
| Pulp sales NBHK | 81.6K | second quarter of 2026 | — |
| Pulp sales NBSK | 368.8K | second quarter of 2026 | — |
| Pulp sales volumes | 450,329 | Q2 2026 | — |
| Pulp Segment Operating EBITDA | -$12.65M | second quarter of 2026 | — |
| Solid wood energy average sales realizations | $145 | second quarter of 2026 | — |
| Solid wood energy production and sales | 43.3K | second quarter of 2026 | — |
| Solid Wood Segment Operating EBITDA | -$8.24M | second quarter of 2026 | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Paper & Paper Products — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
MERC
this stock
Mercer International Inc.
|
$21.45M | -83.7% | +25.5% | — | 8.2% |
|
SUZ
Suzano S.A.
|
$10.70B | -11.1% | — | — | 1.0% |
|
SLVM
Sylvamo Corp
|
$1.43B | -31.1% | -11.2% | 19.3 | 7.3% |
|
CLW
Clearwater Paper Corp
|
$311.54M | +11.8% | +12.4% | — | 4.2% |
|
ITP
It Tech Packaging, Inc.
|
$2.64M | -33.8% | -12.4% | — | 2.2% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionOwnership
Short & Settlement
Financials
Filings
Earnings & Events
Performance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| MERC | +0.1% | -10.5% | -71.2% | +3.8% | -83.7% |
| SPY | -0.4% | -0.2% | +12.4% | +0.2% | +12.0% |
| vs SPY | +0.5% | -10.4% | -83.7% | +3.6% | -95.8% |