CSE

Surface Metals Inc.

SUR.CN•Basic Materials•Other Industrial Metals & Mining
Current Price
$0.10
Today's Change
+0.00%
Market Cap
$5.04M
Volume
0.00
⛏️

Commodity Exposure

Diversified Mining

💡

Industry Context

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

💡 Quick Take

Surface Metals Inc. focuses on acquiring and exploring natural resource properties, particularly for gold, lithium, and precious metals in the U.S. and Canada. While the company has a strong liquidity position with a current ratio of 2.44 and minimal debt (0.01 debt/equity), its negative return on equity (-3.3%) and return on assets (-3.2%) raise concerns about profitability. The low market cap of $5.04M and stagnant price suggest limited investor confidence, highlighting the need for improved operational performance to attract interest.

Based on 19 data points⚠️Not financial advice

📊 Key Metrics

52 Week High$0.40
52 Week Low$0.10
Avg Volume7.32K
Beta2.06
Shares Outstanding47.97M

🔥 Valuation

Market Cap$5.04M
Enterprise Value$5.64M
P/E RatioN/A
EV/EBITDA ⚠️N/A
Dividend Yield0.00%

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🚩 Red Flags

🟠

Significant Losses

Company posted a loss of $-880K over the last year, representing Infinity% of revenue.

🟠

Persistent Cash Burn

Operating cash flow has been negative for 3 consecutive quarters, burning $385K over the last year.

🌟 Opportunities

🚀

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

✨

Strong liquidity position with current ratio of 2.4x.

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