MERC · Mercer International Inc.
$0.47
-0.03 (-6.51%)
At close · Aug 14
Going-concern doubt
— flagged Aug 6, 2026
Substantial doubt about the company's ability to continue as a going concern.
“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
$31.57M
Shares
67.02M
Price & Indicators
20d MA
50d MA
200d MA
Earnings
Filing
Insider
Congress
Investor day
Close$0.47
Open$0.49
Day$0.47–0.50
52W close$0.47–3.33
Avg vol 30d586K
Short int3.2M · 4.8% float · 8.3d
Short vol83%
Last earningsAug 7, 2026
DataJan 2020–Aug 2026
Filing10-Q · Aug 6
Up next
Next earnings call
Nov 14, 2026
Est · unconfirmed
· in 13 wks
FQ3-26 quarter ends
~Sep 30, 2026
Est
filed Aug 6, 2026
AI Brief
TL;DR.
Bullish
Bearish
From the call
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Ask ALVIS about this →Equibles Rating
blended score · not investment adviceOverall
Strong Sell
SellHoldBuy
Technical
Strong Sell
Momentum
Very Weak
Sentiment
Neutral
Fundamentals
Poor
Quant / Vol
Very High
Market backdrop
VIX 14.3 · calm
Equity put/call 0.52
Technical
price trend
50 / 200-day cross
No cross
Price vs 200-day avg
−67%
below
Price vs 50-day avg
−32%
below
RSI (14)
33
neutral
MACD trend
Negative
52-week position
0%
near low
Volume (OBV)
Confirms
volume backs price
Momentum
relative strength
1-month return
−29%
trailing
6-month return
−76%
trailing
YTD return
−76%
this year
Relative strength
−90%
vs S&P · 6-mo
Sentiment
smart money
Trend (MA cross)
No cross
50d $1 › 200d $1 — 200d above 50d
Institutional flow
Distributing
-13% holders QoQ · +7 funds added
Insider flow
Accumulating
Net +$831.5K over 90 days · 0% sells
Short interest
Rising
4.79% of float · ▲ +2.9% MoM · 8.3 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr low
67 holders — near 3-yr low, contrarian setup
Squeeze score
66
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
79%
annualized · 1-yr
Max drawdown
−86%
past year
ATR
14.0%
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 revenue
· 2026
$120M
Prior guidance
period ended
· from the Earnings Call filed Sep 30, 2025
Cost savings and reliability improvements
· by the end of 2025
$30M
CapEx reductions relative to previous 2025 guidance
·
$20M
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders Strong Sell
50 / 200-day cross
No cross
Neutral
Price vs 200-day avg
−67%
Bearish
Price vs 50-day avg
−32%
Bearish
RSI (14)
33
Neutral
MACD trend
Negative
Bearish
52-week position
0%
Bearish
Volume (OBV)
Confirms
Neutral
Market signals — smart money & positioning
Bearish · 2 of 6
Trend (MA cross)
No cross
50d $1 › 200d $1 — 200d above 50d
Institutional flow
Distributing
-13% holders QoQ · +7 funds added
Insider flow
Accumulating
Net +$831.5K over 90 days · 0% sells
Short interest
Rising
4.79% of float · ▲ +2.9% MoM · 8.3 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr low
67 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 -67%
vs 50-day avg -32%
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 |
|---|---|---|---|
| Average biofuels sales realizations | $310 | Q2 2026 | — |
| Average energy sales realizations (pulp segment) | $109 | Q2 2026 | — |
| Average energy sales realizations (solid wood segment) | $145 | Q2 2026 | — |
| Average manufactured products sales realizations | $2,206 | Q2 2026 | — |
| Average NBHK pulp prices - China | $602 | Q2 2026 | — |
| Average NBHK pulp prices - North America | $1,495 | Q2 2026 | — |
| Average NBSK pulp prices - China | $658 | Q2 2026 | — |
| Average NBSK pulp prices - Europe | $1,655 | Q2 2026 | — |
| Average NBSK pulp prices - North America | $1,577 | Q2 2026 | — |
| Average pallets sales realizations | $13 | Q2 2026 | — |
| Biofuels production | 37.3K | Q2 2026 | — |
| Biofuels sales | 34.6K | Q2 2026 | — |
| Energy production (pulp segment) | 483K | Q2 2026 | — |
| Energy production and sales (solid wood segment) | 43.3K | Q2 2026 | — |
| Energy sales (pulp segment) | 162.3K | Q2 2026 | — |
| Lumber production | 123.8 | Q2 2026 | — |
| Lumber sales realizations | $565 | second quarter 2026 | — |
| Lumber sales volumes | 100.3 | second quarter 2026 | — |
| Manufactured products production | 11K | Q2 2026 | — |
| Manufactured products sales | 11K | Q2 2026 | — |
| Mass timber order book and commitments | $151M | end of the second quarter 2026 | — |
|
|
|||
| NBHK pulp production | 65.8K | Q2 2026 | — |
| NBHK pulp sales | 81.6K | Q2 2026 | — |
| NBHK pulp sales realizations | $607 | second quarter 2026 | — |
| NBSK pulp production | 390K | Q2 2026 | — |
| NBSK pulp sales | 368.8K | Q2 2026 | — |
| NBSK pulp sales realizations | $682 | second quarter 2026 | — |
| One Goal One Hundred cost savings | $13M | second quarter 2026 | — |
|
|
|||
| Operating EBITDA non-GAAP | -$13.15M | YTD 2026 | — |
| Pallets production | 2.31M | Q2 2026 | — |
| Pallets sales | 2.42M | Q2 2026 | — |
| Pulp production | 455,769 | second quarter 2026 | — |
| Pulp sales volumes | 450,329 | second quarter 2026 | — |
| Pulp Segment Operating EBITDA | -$12.65M | Q2 2026 | — |
| Solid wood Segment Operating EBITDA | -$8.24M | Q2 2026 | — |
| One Goal One Hundred cumulative cost savings | $41M | since launch in April 2025 | — |
| Mass timber order book | $163M | Q4 2025 | — |
| Pulp mills planned annual maintenance downtime | 21 | Q4 2025 | — |
| Pulp mills planned annual maintenance downtime volume | 41,500 | Q4 2025 | — |
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.
|
$31.57M | -76.2% | +25.5% | — | 4.8% |
|
SUZ
Suzano S.A.
|
$9.88B | -13.2% | — | — | 0.8% |
|
SLVM
Sylvamo Corp
|
$1.53B | -20.3% | -11.2% | 20.7 | 5.8% |
|
CLW
Clearwater Paper Corp
|
$345.40M | +23.1% | +12.4% | — | 3.9% |
|
ITP
It Tech Packaging, Inc.
|
$2.91M | -22.0% | -12.4% | — | 2.1% |
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
Smart Money
Financials
Filings
Earnings & Events
Performance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| MERC | -20.7% | -28.6% | -76.1% | -25.5% | -76.2% |
| SPY | +0.4% | +4.5% | +13.8% | +3.9% | +13.9% |
| vs SPY | -21.1% | -33.1% | -89.9% | -29.4% | -90.1% |
Capital returns
Latest dividend
$0.075
/ share · ex Jun 26, 2025
Paid (TTM)
$0.00
/ share · 0 payouts
Dividend yield (TTM, derived)
— · no payout in the trailing year
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.
Key facts
CIK
1333274
CUSIP
588056101
13F (30d)
68 filings
65 filers
Visit website
Investor relations