CSE

Newpath Resources Inc.

PATH.CN•Basic Materials•Gold
Current Price
$0.09
Today's Change
+0.00%
Market Cap
$1.93M
Volume
0.00
🥇

Commodity Exposure

Gold

Current Price
$4,018.20/oz
-1.04% today
💡

Industry Context

Mining companies typically trade at 5-9x EV/EBITDA due to commodity price volatility. Gold price movements significantly impact profitability.

Price updated: Oct 23, 2026, 03:00 PM

💡 Quick Take

Newpath Resources Inc. focuses on acquiring and exploring mineral properties in Canada, primarily targeting gold and lithium deposits. The company's financial health raises concerns, notably a severely negative ROA of -1062.6% and an extremely low current ratio of 0.05, indicating potential liquidity issues. While the low market cap of $1.93M may present an opportunity for investors, the lack of financial stability and profitability poses significant risks. Overall, the company's prospects depend heavily on successful exploration and development efforts in a volatile commodities market.

Based on 16 data points⚠️Not financial advice

📊 Key Metrics

52 Week High$0.13
52 Week Low$0.04
Avg Volume11.34K
Beta1.09
Shares Outstanding21.41M

🔥 Valuation

Market Cap$1.93M
Enterprise Value$4.17M
P/E RatioN/A
EV/EBITDA ⚠️N/A
Dividend Yield0.00%

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🚩 Red Flags

🟠

Significant Losses

Company posted a loss of $-2.1M over the last year, representing Infinity% of revenue.

🟠

High Debt Load

Debt of $2.2M is 14.0x the company's cash position of $157K.

🌟 Opportunities

📊

No significant opportunities identified

Based on current financial metrics

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