TSX-V

Primary Hydrogen Corp.

HDRO.V•Basic Materials•Other Industrial Metals & Mining
Current Price
$0.93
Today's Change
+0.00%
Market Cap
$6.90M
Volume
300.00
⛏️

Commodity Exposure

Diversified Mining

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Industry Context

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

💡 Quick Take

Primary Hydrogen Corp. focuses on acquiring and developing natural hydrogen properties in Canada. The company shows strong liquidity with a current ratio of 5.57 and no debt, indicating financial stability. However, it faces significant profitability challenges, reflected in a negative ROE of -40.5% and ROA of -35.8%. The market cap of $6.90M and stagnant price suggest limited investor confidence, raising concerns about growth potential in the emerging hydrogen sector. Overall, while the company has a solid balance sheet, its operational performance needs improvement.

Based on 20 data points⚠️Not financial advice

📊 Key Metrics

52 Week High$2.65
52 Week Low$0.68
Avg Volume79.04K
Beta0.83
Shares Outstanding7.42M

🔥 Valuation

Market Cap$6.90M
Enterprise Value$6.23M
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 $1.0M per quarter with $2.1M in cash. Approximately 2.1 quarters of runway at current burn rate.

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Significant Losses

Company posted a loss of $-4.5M 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 $4.0M 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 5.6x ensures operational stability.

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