TSX-V

Auric Resources Corp.

RES.V•Basic Materials•Other Industrial Metals & Mining
Current Price
$0.04
Today's Change
+0.00%
Market Cap
$1.73M
Volume
572.00
⛏️

Commodity Exposure

Diversified Mining

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Industry Context

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

💡 Quick Take

Auric Resources Corp. explores and evaluates mineral properties in Canada. The company has a strong liquidity position with a current ratio of 5.00 and low debt levels (Debt/Equity at 0.06), indicating financial stability. However, it faces challenges with negative returns on equity (-7.9%) and assets (-7.1%), reflecting operational inefficiencies. The low market cap of $1.73M and stagnant stock price suggest limited investor confidence, which could hinder growth prospects. Overall, while liquidity is a strength, profitability concerns warrant caution.

Based on 21 data points⚠️Not financial advice

📊 Key Metrics

52 Week High$0.16
52 Week Low$0.02
Avg Volume18.00K
Beta2.58
Shares Outstanding49.33M

🔥 Valuation

Market Cap$1.73M
Enterprise Value$1.78M
P/E RatioN/A
EV/EBITDA ⚠️N/A
Dividend Yield0.00%

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🚩 Red Flags

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Significant Losses

Company posted a loss of $-538K over the last year, representing Infinity% of revenue.

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Persistent Cash Burn

Operating cash flow has been negative for 3 consecutive quarters, burning $429K over the last year.

🌟 Opportunities

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Fortress balance sheet: cash covers total debt 4.9×, providing significant financial flexibility.

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Excellent liquidity with current ratio of 5.0x ensures operational stability.

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