CSE

Montego Resources Inc.

MY.CN•Basic Materials•Other Precious Metals & Mining
Current Price
$0.02
Today's Change
+0.00%
Market Cap
$736.29K
Volume
0.00
⛏️

Commodity Exposure

Diversified Mining

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Industry Context

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

💡 Quick Take

Montego Resources Inc. focuses on acquiring, exploring, and evaluating mineral properties in Canada. The company faces significant concerns, including a low market capitalization of $736.29K and a current ratio of 0.00, indicating potential liquidity issues. Additionally, a negative return on assets (ROA) of -2.3% raises red flags about operational efficiency. While the basic materials sector can offer growth potential, Montego's financial health suggests it may struggle to attract investment without improvements in liquidity and profitability.

Based on 17 data points⚠️Not financial advice

📊 Key Metrics

52 Week High$0.09
52 Week Low$0.02
Avg Volume80.00
Beta-0.53
Shares Outstanding36.81M

🔥 Valuation

Market Cap$736.29K
Enterprise Value$1.26M
P/E RatioN/A
EV/EBITDA ⚠️N/A
Dividend Yield0.00%

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🚩 Red Flags

🔴

Cash Runway Critical

Company has $230 in cash but burned $11K last quarter. At this burn rate, only 0.0 quarters of runway remain without additional financing.

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Significant Losses

Company posted a loss of $-305K over the last year, representing Infinity% of revenue.

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High Debt Load

Debt of $441K is 1918.8x the company's cash position of $230.

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Persistent Cash Burn

Operating cash flow has been negative for 3 consecutive quarters, burning $43K over the last year.

🌟 Opportunities

📊

No significant opportunities identified

Based on current financial metrics

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