TSX-V

1844 Resources Inc.

EFF.V•Basic Materials•Other Industrial Metals & Mining
Current Price
$0.03
Today's Change
+0.00%
Market Cap
$5.15M
Volume
889.00
⛏️

Commodity Exposure

Diversified Mining

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Industry Context

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

💡 Quick Take

1844 Resources Inc. focuses on exploring and developing mineral properties in Canada, targeting various metals including copper and gold. The company faces significant concerns, notably a low current ratio of 0.17, indicating liquidity issues, and a negative return on assets (ROA) of -9.7%, suggesting inefficiencies in asset utilization. While the market cap is modest at $5.15M, the stock price of $0.03 reflects investor caution. Overall, the financial metrics indicate potential risks that may hinder growth and operational stability.

Based on 17 data points⚠️Not financial advice

📊 Key Metrics

52 Week High$0.06
52 Week Low$0.01
Avg Volume51.03K
Beta0.29
Shares Outstanding171.54M

🔥 Valuation

Market Cap$5.15M
Enterprise Value$4.93M
P/E RatioN/A
EV/EBITDA ⚠️N/A
Dividend Yield0.00%

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🚩 Red Flags

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Significant Losses

Company posted a loss of $-1.4M 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 $212K over the last year.

🌟 Opportunities

🚀

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

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