TSX-V

New Destiny Mining Corp.

NED.V•Basic Materials•Other Industrial Metals & Mining
Current Price
$0.02
Today's Change
+0.00%
Market Cap
$452.11K
Volume
2.00K
⛏️

Commodity Exposure

Diversified Mining

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Industry Context

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

💡 Quick Take

New Destiny Mining Corp. focuses on acquiring and exploring mineral properties in Canada, targeting deposits of silver, gold, lead, zinc, and copper. The company faces significant concerns, including a staggering ROA of -6623.4% and a current ratio of 0.00, indicating severe liquidity issues. With a market cap of only $452.11K and no price movement today, the stock appears undervalued, but the lack of financial health raises red flags for potential investors. Overall, while the exploration focus offers growth potential, the financial metrics present serious risks.

Based on 16 data points⚠️Not financial advice

📊 Key Metrics

52 Week High$0.08
52 Week Low$0.02
Avg Volume14.95K
Beta-0.04
Shares Outstanding22.61M

🔥 Valuation

Market Cap$452.11K
Enterprise Value$732.43K
P/E RatioN/A
EV/EBITDA ⚠️N/A
Dividend Yield0.00%

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🚩 Red Flags

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Cash Runway Critical

Company has $151 in cash but burned $102K 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 $-813K over the last year, representing Infinity% of revenue.

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High Debt Load

Debt of $143K is 949.5x the company's cash position of $151.

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Persistent Cash Burn

Operating cash flow has been negative for 3 consecutive quarters, burning $408K over the last year.

🌟 Opportunities

📊

No significant opportunities identified

Based on current financial metrics

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