TSX-V

Nobel Resources Corp.

NBLC.V•Basic Materials•Other Industrial Metals & Mining
Current Price
$0.02
Today's Change
+33.33%
Market Cap
$4.19M
Volume
2.56K
⛏️

Commodity Exposure

Diversified Mining

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Industry Context

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

💡 Quick Take

Nobel Resources Corp. focuses on acquiring, exploring, and developing mineral properties in Chile, particularly copper projects. A significant concern is its extremely low current ratio of 0.09, indicating liquidity issues, alongside a negative return on assets of -513.1%, suggesting inefficiency in asset utilization. However, the recent 33.33% price increase may reflect market interest or speculative trading. Overall, while the potential for growth exists, financial health raises red flags that investors should carefully consider.

Based on 16 data points⚠️Not financial advice

📊 Key Metrics

52 Week High$0.17
52 Week Low$0.01
Avg Volume207.81K
Beta-0.04
Shares Outstanding209.40M

🔥 Valuation

Market Cap$4.19M
Enterprise Value$2.67M
P/E Ratio-1.00
EV/EBITDA ⚠️-1.13x
Dividend Yield0.00%

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🚩 Red Flags

🔴

Cash Runway Critical

Company has $32K in cash but burned $180K 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 $-2.1M over the last year, representing Infinity% of revenue.

🌟 Opportunities

🚀

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

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