CSE

Tocvan Ventures Corp.

TOC.CN•Basic Materials•Other Industrial Metals & Mining
Current Price
$0.60
Today's Change
+1.69%
Market Cap
$46.46M
Volume
3.00K
⛏️

Commodity Exposure

Diversified Mining

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Industry Context

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

💡 Quick Take

Tocvan Ventures Corp. focuses on acquiring, exploring, and developing mineral properties in Mexico, primarily targeting gold and silver deposits. While the company has a low debt-to-equity ratio of 0.11, indicating manageable leverage, its financial health is concerning with negative ROE and ROA at -0.8% and -0.7%, respectively. Additionally, a current ratio of 0.78 suggests potential liquidity issues. Overall, while there are strengths in low debt, the negative returns and liquidity concerns warrant caution for investors.

Based on 19 data points⚠️Not financial advice

📊 Key Metrics

52 Week High$1.29
52 Week Low$0.45
Avg Volume70.60K
Beta-0.54
Shares Outstanding78.75M

🔥 Valuation

Market Cap$46.46M
Enterprise Value$40.58M
P/E Ratio-20.59
EV/EBITDA ⚠️-33.79x
Dividend Yield0.00%

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🚩 Red Flags

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Limited Cash Runway

Company is burning $486K per quarter with $1.5M in cash. Approximately 3.1 quarters of runway at current burn rate.

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Significant Losses

Company posted a loss of $-1.5M 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 $1.9M over the last year.

🌟 Opportunities

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Strong balance sheet with net cash position provides cushion for growth investments.

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