CSE

Mayo Lake Minerals Inc.

MLKM.CN•Basic Materials•Other Precious Metals & Mining
Current Price
$0.04
Today's Change
+12.50%
Market Cap
$1.76M
Volume
13.00K
⛏️

Commodity Exposure

Diversified Mining

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Industry Context

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

💡 Quick Take

Mayo Lake Minerals Inc. is a junior mining company focused on exploring gold and silver properties in Canada. While the stock has seen a notable increase of 12.5% today, the company faces concerns with a low current ratio of 0.04, indicating potential liquidity issues, and negative returns on equity and assets at -2.8% and -2.4%, respectively. However, a low debt-to-equity ratio of 0.03 suggests minimal leverage. Overall, the financial health score of 50/100 reflects a need for improvement, particularly in liquidity and profitability.

Based on 19 data points⚠️Not financial advice

📊 Key Metrics

52 Week High$0.20
52 Week Low$0.02
Avg Volume49.54K
Beta0.40
Shares Outstanding39.21M

🔥 Valuation

Market Cap$1.76M
Enterprise Value$5.54M
P/E Ratio-7.35
EV/EBITDA ⚠️-11.44x
Dividend Yield0.00%

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🚩 Red Flags

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Cash Runway Critical

Company has $15K in cash but burned $72K 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 $-473K over the last year, representing Infinity% of revenue.

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High Debt Load

Debt of $168K is 11.2x the company's cash position of $15K.

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Persistent Cash Burn

Operating cash flow has been negative for 3 consecutive quarters, burning $286K over the last year.

🌟 Opportunities

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No significant opportunities identified

Based on current financial metrics

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