CSE

Blast Resources Inc.

BLST.CN•Basic Materials•Other Industrial Metals & Mining
Current Price
$0.28
Today's Change
+5.56%
Market Cap
$8.04M
Volume
500.00
⛏️

Commodity Exposure

Diversified Mining

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Industry Context

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

💡 Quick Take

Blast Resources Inc. focuses on acquiring and exploring mineral resource properties, primarily for uranium, in the U.S. and Canada. While the company has a solid liquidity position with a current ratio of 1.87 and manageable debt levels (Debt/Equity of 0.33), it faces significant concerns with negative returns on equity and assets (-111.8% and -74.4%, respectively). The market cap of $8.04M and a low stock price of $0.28 suggest potential undervaluation, but the financial health score of 62/100 indicates room for improvement in operational efficiency.

Based on 20 data points⚠️Not financial advice

📊 Key Metrics

52 Week High$0.73
52 Week Low$0.23
Avg Volume25.19K
Beta1.37
Shares Outstanding29.80M

🔥 Valuation

Market Cap$8.04M
Enterprise Value$8.24M
P/E RatioN/A
EV/EBITDA ⚠️N/A
Dividend Yield0.00%

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🚩 Red Flags

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Limited Cash Runway

Company is burning $116K per quarter with $270K in cash. Approximately 2.3 quarters of runway at current burn rate.

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Significant Losses

Company posted a loss of $-751K 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 $465K over the last year.

🌟 Opportunities

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Fortress balance sheet: cash covers total debt 2.8×, providing significant financial flexibility.

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