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Benton Resources
(BEX)
Benton Resources (BEX) vs. iShares MSCI Canada ETF (EWC)
Benton Resources Business Overview & Revenue Model
Benton Resources Financial Statement Overview
| Breakdown | TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -53.64K | -74.80K | -76.03K | -74.88K | -69.06K | -62.02K |
| EBITDA | -1.41M | -3.93M | -3.12M | -6.27M | -1.22M | 3.47M |
| Net Income | -5.73M | -3.38M | -2.89M | -6.14M | -1.06M | 3.44M |
Balance Sheet | ||||||
| Total Assets | 14.51M | 13.21M | 12.33M | 14.31M | 15.55M | 12.76M |
| Cash, Cash Equivalents and Short-Term Investments | 1.89M | 3.39M | 1.15M | 2.04M | 1.14M | 1.35M |
| Total Debt | 0.00 | 1.73K | 127.67K | 171.35K | 214.68K | 223.22K |
| Total Liabilities | 633.43K | 883.85K | 814.22K | 1.16M | 650.16K | 530.52K |
| Stockholders Equity | 13.88M | 12.32M | 11.52M | 13.15M | 14.90M | 12.23M |
Cash Flow | ||||||
| Free Cash Flow | -1.94M | 248.56K | -1.22M | -942.77K | -881.77K | -682.99K |
| Operating Cash Flow | -1.13M | 326.55K | -1.20M | -867.21K | -859.98K | -682.26K |
| Investing Cash Flow | -2.91M | -3.52M | -2.18M | -1.79M | -1.45M | -1.55M |
| Financing Cash Flow | 4.28M | 3.83M | 1.23M | 4.22M | 3.53M | 1.16M |
Benton Resources Technical Analysis
Benton Resources Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | $14.81B | 9.70 | 6.36% | 5.32% | 4.12% | -71.24% | |
44 Neutral | C$12.51M | ― | -12.23% | ― | ― | -52.78% | |
43 Neutral | C$18.39M | ― | -1.57% | ― | ― | 35.14% | |
40 Underperform | C$13.98M | ― | -34.41% | ― | ― | -1080.77% | |
38 Underperform | C$18.08M | ― | ― | ― | 28.70% | ||
36 Underperform | C$17.71M | ― | -349.78% | ― | ― | -184.91% | |
| $14.86M | ― | -34.95% | ― | ― | ― |
Benton Resources Corporate Events
Benton Resources Inc. has completed the spin-out of approximately half of its shares in Vinland Lithium Inc. to its shareholders. This strategic move involves distributing 2,025,126 common shares of Vinland, while Benton retains 2,000,000 shares. The spin-out aims to enhance shareholder value and market positioning, with the new Benton shares set to be listed on the Exchange, while the old shares will be delisted. Vinland has applied for its shares to be listed separately, indicating potential growth and investment opportunities for stakeholders.
Spark’s Take on TSE:BEX Stock
According to Spark, TipRanks’ AI Analyst, TSE:BEX is a Underperform.
Benton Resources’ overall stock score is primarily weighed down by significant financial and valuation challenges, including the absence of revenue and ongoing losses. While recent corporate events provide some strategic optimism, the technical indicators are bearish, resulting in a low overall score. The company’s strong equity position offers some stability, but liquidity issues and operational losses remain major concerns.
To see Spark’s full report on TSE:BEX stock, click here.
Benton Resources Inc. has completed the spin-out of approximately half of its shares in Vinland Lithium Inc. Shareholders with at least 5,000 Benton shares will receive 50 Vinland shares for every 5,000 Benton shares owned. The spin-out involves a total of 2,025,126 Vinland shares, while Benton retains 2,000,000 shares. The new Benton shares will be listed on the exchange, while the old shares will be delisted. This strategic move is expected to impact Benton’s market positioning by potentially enhancing shareholder value and focusing on its core projects.
Spark’s Take on TSE:BEX Stock
According to Spark, TipRanks’ AI Analyst, TSE:BEX is a Neutral.
Benton Resources’ overall stock score reflects significant financial and technical challenges. The critical issue is the lack of revenue and operational losses, which weigh heavily on the score. While technical indicators are bearish, recent corporate events provide some optimism with potential strategic growth opportunities. However, the challenging valuation and financial performance remain major concerns, resulting in an overall score of 43.
To see Spark’s full report on TSE:BEX stock, click here.
Benton Resources Inc. has completed a significant portion of a 5 km-long surface Pulse Electromagnetic survey at the South Pond trend on the Great Burnt Property, identifying large conductive plates associated with known mineralized zones. The company plans to resume drilling at the Great Burnt Main Zone and the North Stringer Zone, targeting newly discovered conductive zones and expanding their exploration efforts. These developments suggest potential expansion of mineral resources, which could enhance Benton’s position in the mining industry and provide new opportunities for stakeholders.
Spark’s Take on TSE:BEX Stock
According to Spark, TipRanks’ AI Analyst, TSE:BEX is a Underperform.
Benton Resources’ stock is currently under pressure due to significant financial challenges and bearish technical indicators. The company’s inability to generate revenue and ongoing operational losses are major concerns. Although recent exploration successes and a strong equity position provide some optimism, these factors are overshadowed by negative cash flows and a challenging valuation scenario.
To see Spark’s full report on TSE:BEX stock, click here.
Benton Resources Inc. announced the approval of a spin-out of approximately 2 million shares of Vinland Lithium Inc. to its shareholders. This move is part of a reorganization of Benton’s share capital, with the TSX Venture Exchange approving the listing of Vinland’s shares. Vinland, which holds the Killick Lithium Project, is co-owned by Benton, Sokoman Minerals Corp., and Piedmont Lithium Newfoundland Holdings LLC. The spin-out is expected to enhance Benton’s position in the lithium market, with Piedmont having the option to earn a significant interest in the Killick Project through substantial exploration investments. This strategic move could strengthen Benton’s industry positioning and provide long-term benefits to its stakeholders.
Spark’s Take on TSE:BEX Stock
According to Spark, TipRanks’ AI Analyst, TSE:BEX is a Underperform.
Benton Resources’ stock is currently under pressure due to significant financial challenges and bearish technical indicators. The company’s inability to generate revenue and ongoing operational losses are major concerns. Although recent exploration successes and a strong equity position provide some optimism, these factors are overshadowed by negative cash flows and a challenging valuation scenario.
To see Spark’s full report on TSE:BEX stock, click here.
Benton Resources has announced significant progress in its exploration efforts at the Great Burnt Main Zone, extending the deposit’s strike length to 950 meters. The company has discovered new high-grade copper-gold zones, including a notable intersection of 5.97% copper over 14.70 meters, and identified further expansion potential through electromagnetic surveys. These developments reinforce Benton’s position in the mining industry and suggest promising implications for stakeholders as the company continues to explore and confirm mineralization in historically low-grade areas.
Benton Resources Inc. has reported significant progress in its exploration efforts at the Great Burnt Main Zone, with a recent drill hole revealing a wide interval of massive sulphide mineralization. This discovery, along with new findings in the North Stringer Zone, highlights the potential for substantial copper deposits, prompting the company to mobilize geophysical crews for further investigation. The ongoing drill program has targeted several promising areas, and Benton has paused drilling to await assay results and complete its geophysical surveys, which could have significant implications for its operations and market positioning.
Benton Resources Inc. has announced a significant expansion of its Great Burnt Main Zone (GBMZ) now reaching 950 meters in strike length. This development, confirmed through recent drilling efforts, suggests a steeper plunge than initially expected and bolsters confidence in the continuity of the deposit. The company has also explored various new areas, targeting anomalies and mineralized zones, with follow-up planned post-assay analysis, enhancing Benton’s position in the mineral exploration sector.
Benton Resources Inc. has rescheduled its annual and special shareholder meeting due to a postal strike, and has filed amended materials for the meeting set for March 21, 2025. Shareholders will vote on a special resolution to reorganize share capital to enable a spin-out of 2 million shares of Vinland Lithium Inc., which holds the promising Killick Lithium Project. This move could significantly impact Benton’s market position, as it will distribute a substantial portion of its Vinland shares to its shareholders, potentially enhancing shareholder value. Additionally, the TSX Venture Exchange has conditionally agreed to list Vinland’s shares, which could increase liquidity and visibility for the company.