CSE

Clarity Metals Corp.

CMET.CN•Basic Materials•Gold
Current Price
$0.01
Today's Change
+0.00%
Market Cap
$1.25M
Volume
0.00
🥇

Commodity Exposure

Gold

Current Price
$4,076.10/oz
-1.78% today
💡

Industry Context

Mining companies typically trade at 5-9x EV/EBITDA due to commodity price volatility. Gold price movements significantly impact profitability.

Price updated: Oct 22, 2026, 03:00 PM

💡 Quick Take

Clarity Metals Corp. is a mineral exploration company focused on acquiring and developing projects for lithium and precious metals in Canada. The company faces significant concerns, including a negative return on assets of -39.6% and an extremely low current ratio of 0.01, indicating liquidity issues. With a market cap of only $1.25 million and a share price of $0.01, the valuation raises red flags about its financial health and sustainability. Overall, while the exploration focus on valuable minerals is a potential strength, the financial metrics suggest considerable risk.

Based on 15 data points⚠️Not financial advice

📊 Key Metrics

52 Week High$0.09
52 Week Low$0.01
Avg Volume79.89K
Beta3.49
Shares Outstanding83.43M

🔥 Valuation

Market Cap$1.25M
Enterprise Value$1.12M
P/E RatioN/A
EV/EBITDA ⚠️N/A
Dividend Yield0.00%

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🚩 Red Flags

🔴

Cash Runway Critical

Company has $3K in cash but burned $31K last quarter. At this burn rate, only 0.1 quarters of runway remain without additional financing.

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Significant Losses

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

🌟 Opportunities

🚀

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

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