CSE

RedCanyonRes

REDC.CN•Basic Materials•Other Industrial Metals & Mining
Current Price
$0.13
Today's Change
+8.33%
Market Cap
$9.15M
Volume
6.00K
⛏️

Commodity Exposure

Diversified Mining

💡

Industry Context

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

💡 Quick Take

Red Canyon Resources Ltd. focuses on acquiring and exploring mineral properties for copper, molybdenum, and gold in Canada and the U.S. A notable strength is its high liquidity, indicated by a current ratio of 53.39, suggesting strong short-term financial health. However, the company faces concerns with negative returns on equity and assets, indicating operational inefficiencies. Additionally, the low market cap of $9.15M raises questions about its growth potential and market confidence. Overall, while liquidity is a strong point, profitability remains a significant challenge.

Based on 19 data points⚠️Not financial advice

📊 Key Metrics

52 Week High$0.26
52 Week Low$0.12
Avg Volume57.22K
BetaN/A
Shares Outstanding76.27M

🔥 Valuation

Market Cap$9.15M
Enterprise ValueN/A
P/E RatioN/A
EV/EBITDA ⚠️N/A
Dividend Yield0.00%

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🚩 Red Flags

🟠

Significant Losses

Company posted a loss of $-915K over the last year, representing Infinity% of revenue.

🟠

Persistent Cash Burn

Operating cash flow has been negative for 3 consecutive quarters, burning $542K over the last year.

🌟 Opportunities

🚀

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

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Excellent liquidity with current ratio of 53.4x ensures operational stability.

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