Gamma Resources Stock Price, News & Analysis
Company Description
Gamma Resources Ltd. (OTCPK: MLLOF) is a U.S.-focused uranium exploration and development company with mineral assets in the Mountain West region. Recent company materials identify Gamma with the TSX Venture symbol GAMA, the OTC Pink symbol MLLOF, and the Frankfurt symbol MRDN. Earlier company releases used the Medallion Resources Ltd. name for the same OTC symbol, reflecting the issuer's prior focus on critical-minerals processing and rare earth element separation.
The company's current uranium portfolio includes the Green River Project in Utah and the Mesa Arc Project in New Mexico. Green River is described by the company as a land position near regional uranium producers. Mesa Arc is described as a New Mexico land package in the Chama Basin that includes historic uranium resources. Company updates have focused on exploration planning, land-position development, and permitting steps for proposed drilling activity at Mesa Arc.
Before the current uranium focus, Medallion Resources developed a proprietary process and related business model for extracting rare earth elements from monazite, a phosphate mineral commonly produced as a byproduct of heavy mineral sand operations. The company's rare earth materials described the Medallion Monazite Process and a broader critical-minerals strategy tied to feedstock partnerships, downstream offtake relationships, and potential processing facilities.
Medallion also previously held rights related to ligand assisted displacement chromatography, a Purdue University-developed separation methodology licensed through Purdue Research Foundation. Company releases in 2023 stated that the license terminated, after which the board and management considered next steps for the business. The issuer's public history therefore includes both a rare earth processing and technology-development phase and a more recent uranium exploration identity under Gamma Resources.
Corporate updates for MLLOF have included board composition changes, management transitions, technology-license matters, and amendments to unsecured promissory notes. The company's durable operating profile is now centered on uranium exploration assets in Utah and New Mexico, while its historical reference record includes Medallion's work on monazite-based rare earth element extraction and critical-minerals processing technologies.
Stock Performance
Gamma Resources (MLLOF) stock last traded at $0.0644. Over the past 12 months, the stock has gained 37.3%. At a market capitalization of $3.2M, MLLOF is classified as a micro-cap stock with approximately 32.8M shares outstanding.
Latest News
Gamma Resources has 10 recent news articles. Of the recent coverage, 3 articles coincided with positive price movement and 6 with negative movement. Key topics include management. View all MLLOF news →
SEC Filings
Financial Highlights
Upcoming Events
Short Interest History
Short interest in Gamma Resources (MLLOF) currently stands at 1.2 thousand shares, representing 0.0% of the float. Over the past 12 months, short interest has increased by 767.4%. This relatively low short interest suggests limited bearish sentiment.
Days to Cover History
Days to cover for Gamma Resources (MLLOF) currently stands at 1.0 days. This low days-to-cover ratio indicates high liquidity, allowing short sellers to quickly exit positions if needed.
MLLOF Company Profile & Sector Positioning
Gamma Resources (MLLOF) operates in the Other Industrial Metals & Mining industry within the broader Basic Materials sector and is listed on the OTC Link.
Investors comparing MLLOF often look at related companies in the same sector, including Canada Rare (RAREF), Cascadero Copper (CCEDF), K9 Gold Corp (WDFCF), TRACTION URANIUM CORP (TRCTF), and Fuse Group (FUST). Comparing financial metrics, valuation ratios, and stock performance across these peers can help investors evaluate MLLOF's relative position within its industry.