TSX-V

Miata Metals Corp.

MMET.V•Basic Materials•Other Industrial Metals & Mining
Current Price
$0.66
Today's Change
+4.69%
Market Cap
$106.08M
Volume
63.51K
⛏️

Commodity Exposure

Diversified Mining

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Industry Context

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

💡 Quick Take

Miata Metals Corp. is a mineral exploration company focused on acquiring and evaluating mineral properties in Canada and Suriname. While it boasts a strong liquidity position with a current ratio of 4.94 and no debt, its negative return on equity (-17.5%) and return on assets (-14.5%) raise concerns about profitability and operational efficiency. The recent price increase of 4.69% may indicate market interest, but the overall financial health suggests caution, as the company has yet to demonstrate sustainable earnings.

Based on 18 data points⚠️Not financial advice

📊 Key Metrics

52 Week High$0.99
52 Week Low$0.34
Avg Volume193.82K
Beta-0.70
Shares Outstanding168.38M

🔥 Valuation

Market Cap$106.08M
Enterprise Value$64.70M
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 $-4.8M 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 $3.6M 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 4.9x ensures operational stability.

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