TSX-V

Whitemud Resources Inc.

WMK.V•Basic Materials•Other Industrial Metals & Mining
Current Price
$0.14
Today's Change
+0.00%
Market Cap
$50.47M
Volume
8.00K
⛏️

Commodity Exposure

Diversified Mining

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Industry Context

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

💡 Quick Take

Whitemud Resources Inc. manufactures and sells metakaolin products in Canada, primarily for use in cement applications. The company shows strong liquidity with a current ratio of 3.54, indicating good short-term financial health. However, it faces significant concerns, including a negative EBITDA margin of -46.1% and a net margin of -84.4%, reflecting ongoing operational challenges. While the gross margin is relatively low at 13.1%, the company's market cap of $50.47M suggests potential undervaluation amidst these financial struggles.

Based on 25 data points⚠️Not financial advice

📊 Key Metrics

52 Week High$0.29
52 Week Low$0.10
Avg Volume8.00K
Beta0.07
Shares Outstanding34.03M

🔥 Valuation

Market Cap$50.47M
Enterprise Value$65.29M
P/E RatioN/A
EV/EBITDA ⚠️N/A
Dividend Yield0.00%

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🚩 Red Flags

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Cash Runway Critical

Company has $96K in cash but burned $959K last quarter. At this burn rate, only 0.1 quarters of runway remain without additional financing.

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Significant Losses

Company posted a loss of $-4.1M over the last year, representing 359.9% of revenue.

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High Debt Load

Debt of $13.1M is 136.0x the company's cash position of $96K.

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Persistent Cash Burn

Operating cash flow has been negative for 3 consecutive quarters, burning $3.8M over the last year.

🌟 Opportunities

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Exceptional revenue growth of 450.6% YoY demonstrates strong market demand and competitive positioning.

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Operating margin expanded by 1155.0pp, demonstrating strong operational leverage.

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Excellent liquidity with current ratio of 3.5x ensures operational stability.

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