TSX-V

Belmont Resources Inc.

BEA.V•Basic Materials•Other Industrial Metals & Mining
Current Price
$0.09
Today's Change
+0.00%
Market Cap
$11.26M
Volume
0.00
⛏️

Commodity Exposure

Diversified Mining

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Industry Context

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

💡 Quick Take

Belmont Resources Inc. focuses on acquiring, exploring, and developing mineral resource properties, primarily for copper, gold, lithium, and rare earth elements in North America. The company shows strong liquidity with a current ratio of 7.81 and no debt, indicating financial stability; however, it faces concerns with negative return metrics (ROE of -6.8% and ROA of -6.6%), suggesting inefficiencies in generating profit from its assets. The low stock price of $0.09 may reflect market skepticism about its growth potential despite its solid balance sheet.

Based on 22 data points⚠️Not financial advice

📊 Key Metrics

52 Week High$0.10
52 Week Low$0.03
Avg Volume177.91K
Beta0.67
Shares Outstanding116.90M

🔥 Valuation

Market Cap$11.26M
Enterprise Value$10.80M
P/E Ratio-20.24
EV/EBITDA ⚠️-4.59x
Dividend Yield0.00%

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🚩 Red Flags

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Limited Cash Runway

Company is burning $171K per quarter with $611K in cash. Approximately 3.6 quarters of runway at current burn rate.

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Significant Losses

Company posted a loss of $-744K 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 $684K over the last year.

🌟 Opportunities

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Debt-free balance sheet with a solid cash position, providing significant financial flexibility.

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Excellent liquidity with current ratio of 7.8x ensures operational stability.

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