TSX-V

EDM Resources Inc.

EDM.V•Basic Materials•Other Industrial Metals & Mining
Current Price
$0.55
Today's Change
+3.77%
Market Cap
$42.93M
Volume
6.71K
⛏️

Commodity Exposure

Diversified Mining

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Industry Context

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

💡 Quick Take

EDM Resources Inc. focuses on exploring and evaluating mineral properties, particularly for zinc, lead, and gypsum. While it has no debt, indicated by a Debt/Equity ratio of 0.00, its financial health is concerning with a low ROE of -3.8% and a current ratio of 0.53, suggesting liquidity issues. The company's market cap of $42.93M and recent price increase of 3.77% may reflect speculative interest, but the negative returns raise questions about its operational efficiency and long-term viability.

Based on 21 data points⚠️Not financial advice

📊 Key Metrics

52 Week High$0.80
52 Week Low$0.08
Avg Volume156.16K
Beta1.52
Shares Outstanding80.99M

🔥 Valuation

Market Cap$42.93M
Enterprise Value$41.57M
P/E RatioN/A
EV/EBITDA ⚠️N/A
Dividend Yield0.00%

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🚩 Red Flags

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Cash Runway Critical

Company has $62K in cash but burned $305K last quarter. At this burn rate, only 0.2 quarters of runway remain without additional financing.

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Significant Losses

Company posted a loss of $-1.8M 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 $1.2M 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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