TSX-V

AEONIAN RESOURCES CORP

ALTN.V•Basic Materials•Other Industrial Metals & Mining
Current Price
$0.09
Today's Change
+0.00%
Market Cap
$6.06M
Volume
9.00K
⛏️

Commodity Exposure

Diversified Mining

💡

Industry Context

Diversified miners balance commodity exposure. Operating margins vary significantly by commodity mix.

💡 Quick Take

Aeonian Resources Corp. is a junior mineral exploration company focused on the Koocanusa copper-silver project in Cranbrook. The company shows concerns with a negative return on equity (ROE) of -110.7% and a return on assets (ROA) of -81.0%, indicating significant financial struggles. However, a low debt-to-equity ratio of 0.08 suggests manageable leverage. The current ratio of 0.89 raises liquidity concerns, as it indicates potential difficulties in meeting short-term obligations. Overall, while the low market cap presents opportunities, the financial health metrics warrant caution.

Based on 18 data points⚠️Not financial advice

📊 Key Metrics

52 Week High$0.22
52 Week Low$0.03
Avg Volume116.59K
Beta0.97
Shares Outstanding71.24M

🔥 Valuation

Market Cap$6.06M
Enterprise Value$4.94M
P/E Ratio8.50
EV/EBITDA ⚠️N/A
Dividend Yield0.00%

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🚩 Red Flags

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Limited Cash Runway

Company is burning $68K per quarter with $268K in cash. Approximately 3.9 quarters of runway at current burn rate.

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Significant Losses

Company posted a loss of $-1.2M over the last year, representing Infinity% of revenue.

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Persistent Cash Burn

Operating cash flow has been negative for 3 consecutive quarters, burning $271K over the last year.

🌟 Opportunities

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Fortress balance sheet: cash covers total debt 3.6×, providing significant financial flexibility.

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