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Bunker Hill Mining
(BNKR)
Bunker Hill Mining (BNKR) vs. iShares MSCI Canada ETF (EWC)
Bunker Hill Mining Business Overview & Revenue Model
Bunker Hill Mining Financial Statement Overview
| Breakdown | Dec 2025 | Dec 2024 | Mar 2024 | Mar 2023 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA | -85.21M | -18.40M | -3.53M | 5.79M | -6.00M |
| Net Income | -93.13M | -25.34M | -13.43M | 898.59K | -6.40M |
Balance Sheet | |||||
| Total Assets | 150.96M | 97.60M | 61.99M | 32.93M | 4.07M |
| Cash, Cash Equivalents and Short-Term Investments | 19.44M | 3.79M | 20.10M | 708.11K | 555.00K |
| Total Debt | 111.05M | 117.67M | 70.27M | 36.07M | 2.56M |
| Total Liabilities | 207.03M | 149.74M | 88.36M | 59.11M | 38.31M |
| Stockholders Equity | -56.07M | -52.14M | -26.37M | -26.18M | -34.24M |
Cash Flow | |||||
| Free Cash Flow | -58.80M | -51.06M | -23.73M | -33.33M | -11.47M |
| Operating Cash Flow | -17.66M | -10.42M | -12.33M | -22.50M | -11.37M |
| Investing Cash Flow | -41.14M | -40.64M | -11.40M | -11.17M | -94.69K |
| Financing Cash Flow | 72.96M | 32.74M | 43.12M | 40.37M | 8.38M |
Bunker Hill Mining Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
52 Neutral | C$282.12M | -78.61 | -5.64% | ― | ― | 13.33% | |
52 Neutral | C$112.29M | -34.68 | -11.17% | ― | 52.70% | 60.33% | |
50 Neutral | C$181.35M | -5.43 | -37.77% | ― | ― | 49.02% | |
49 Neutral | C$464.90M | -43.68 | -43.69% | ― | ― | -175.76% | |
46 Neutral | C$493.56M | -8.58 | -108.87% | ― | 5.58% | 50.96% | |
41 Neutral | C$277.48M | -0.02 | ― | ― | ― | ― |
Bunker Hill Mining Corporate Events
Bunker Hill Mining has completed a one-for-thirty-five reverse stock split of its common shares, cutting the number of shares outstanding from about 1.6 billion to roughly 45.6 million, with post-consolidation trading beginning today on the TSX Venture Exchange. The move, which also adjusts the terms of outstanding convertible securities and equity incentives, is aimed at consolidating the capital structure as the company advances financing efforts, including a clarified unit structure under its Listed Issuer Financing Exemption offering, and awaits final TSXV approval of the share consolidation.
The most recent analyst rating on (TSE:BNKR) stock is a Hold with a C$0.22 price target. To see the full list of analyst forecasts on Bunker Hill Mining stock, see the TSE:BNKR Stock Forecast page.
Bunker Hill Mining has raised C$33.8 million through a combination of a brokered private placement of LIFE units, a concurrent non-brokered placement and the exercise of existing warrants by a cornerstone investor. Each LIFE unit comprises one common share and a warrant, with the new capital earmarked to fund working capital needs for ramping the Bunker Hill Mine to commercial output, support exploration programs and cover general corporate purposes.
The financing, led by a syndicate of Canadian investment dealers and supported by finder ZED Financial Partners, also involved the issuance of compensation options and participation by company insiders under related-party rules. The successful closing strengthens Bunker Hill’s balance sheet as it advances mine restart activities, potentially improving its operational readiness and positioning in the North American base metals mining landscape.
The most recent analyst rating on (TSE:BNKR) stock is a Hold with a C$0.22 price target. To see the full list of analyst forecasts on Bunker Hill Mining stock, see the TSE:BNKR Stock Forecast page.
Bunker Hill Mining will implement a one-for-35 reverse stock split of its common shares effective March 6, 2026, with the stock continuing to trade on the TSX Venture Exchange under the symbol BNKR. The consolidation will reduce the outstanding share count from about 1.41 billion to roughly 40.2 million, with an expected 44.8 million shares outstanding post-consolidation assuming completion of its equity financing.
The company also updated and clarified terms of its C$30 million LIFE equity offering, which will comprise a mix of brokered and non-brokered private placements of approximately 138.9 million units plus an agents’ over-allotment option. Proceeds are expected to support Bunker Hill’s strategy of advancing and revitalizing its flagship Bunker Hill Mine in Idaho, potentially strengthening its capital structure and funding future development work.
The most recent analyst rating on (TSE:BNKR) stock is a Hold with a C$0.22 price target. To see the full list of analyst forecasts on Bunker Hill Mining stock, see the TSE:BNKR Stock Forecast page.
Bunker Hill Mining has amended the terms of its previously announced C$30 million LIFE offering, covering approximately 138.9 million units to be placed through a brokered and non-brokered private placement structure across most Canadian provinces and territories, excluding Québec. The company clarified that Haywood Securities and a syndicate of agents will conduct a best-efforts brokered offering, while a separate non-brokered tranche will be sold in Canada outside Québec, the U.S., and other foreign jurisdictions, with no commission payable on the non-brokered portion.
The miner also specified that the agents have been granted an option to sell up to an additional 15% of the LIFE units, exercisable up to 48 hours before closing, which could modestly increase the total capital raised. In a further clarification, Bunker Hill noted that funds used by Independent Trading Group to support market-making activities in its shares will come from ITG and its employees, addressing transparency around liquidity support and potentially bolstering investor confidence in trading activity around the offering.
The most recent analyst rating on (TSE:BNKR) stock is a Hold with a C$0.22 price target. To see the full list of analyst forecasts on Bunker Hill Mining stock, see the TSE:BNKR Stock Forecast page.
Bunker Hill Mining Corp., a U.S.-based explorer and developer working to restart the historic zinc, lead and silver-producing Bunker Hill Mine in Idaho’s Coeur d’Alene Mining District, is concentrating its strategy on extracting remaining value from this brownfield asset through modern, responsible mining in a well-established North American metals region.
The company has retained Independent Trading Group to act as market maker for its shares on the TSX Venture Exchange and other venues, aiming to support a more orderly market and enhance liquidity for its common stock. Under the arm’s-length arrangement, ITG will be paid C$6,500 per month with no equity-based compensation, a structure that underscores the company’s effort to improve trading dynamics for existing and prospective shareholders without diluting ownership.
The most recent analyst rating on (TSE:BNKR) stock is a Hold with a C$0.22 price target. To see the full list of analyst forecasts on Bunker Hill Mining stock, see the TSE:BNKR Stock Forecast page.
Bunker Hill Mining Corp. has launched a brokered private placement under the listed issuer financing exemption, aiming to raise approximately C$25 million through the sale of about 138.9 million units at C$0.18 each, plus an agents’ option of up to 15%. Each unit comprises one common share and a half warrant exercisable at C$0.30 for three years, alongside a minimum C$5 million warrant exercise by a cornerstone shareholder and a board-approved one-for-35 reverse stock split to restructure its capital base.
The company plans to use the net proceeds to fund working capital for ramping the Bunker Hill Mine to commercial production, advance exploration, and cover general corporate purposes, with a minimum offering size of C$15 million and closing targeted in early March 2026, subject to conditions including completion of the warrant exercise. The financing, structured to reach investors in most Canadian provinces as well as select U.S. and international jurisdictions on a private placement basis, is expected to strengthen Bunker Hill’s balance sheet and support its transition from project development toward active production, potentially improving its market positioning and liquidity for existing and new shareholders.
The most recent analyst rating on (TSE:BNKR) stock is a Hold with a C$0.22 price target. To see the full list of analyst forecasts on Bunker Hill Mining stock, see the TSE:BNKR Stock Forecast page.
Bunker Hill Mining reported substantial progress in 2025 toward restarting the Bunker Hill Mine, highlighting a third consecutive year without lost-time injuries, full environmental permit compliance, and completion of all necessary regulatory approvals for operations. The company advanced its technical and operational readiness by refining mine plans to prioritize higher-grade silver extraction, completing metallurgical test work that supports robust recoveries for silver, lead, and zinc, and collaborating with VRIFY’s AI platform to identify additional high-grade silver targets near existing infrastructure. Underground rehabilitation, ventilation, water management, and access development are largely in place to support the first three years of ore, while surface infrastructure and processing facilities reached late-stage construction, with the processing plant at 88% completion and phased commissioning starting in January to enable a planned mine restart in the first half of 2026. The balance sheet was also significantly strengthened through a refinancing that extended debt maturities, cut overall debt, and reduced the cost of capital, collectively positioning Bunker Hill as an emerging U.S. critical metals producer poised to transition from development to production and free cash generation in 2026.
The most recent analyst rating on (TSE:BNKR) stock is a Hold with a C$0.22 price target. To see the full list of analyst forecasts on Bunker Hill Mining stock, see the TSE:BNKR Stock Forecast page.
Bunker Hill Mining Corp. has chosen to satisfy US$268,333.33 in interest obligations on its 5.0% Series 1 and Series 2 secured convertible debentures by issuing 1,578,430 common shares at US$0.17 per share, a move that preserves cash while modestly diluting existing shareholders. Most of these interest shares will go to accounts managed by Sprott Private Resource Streaming and Royalty Corp., making the transaction a related-party deal under Canadian securities rules, though the company is using standard exemptions as the value is below 25% of its market capitalization. Separately, Bunker Hill will issue 328,831 shares for consulting services to Henderson House Holdings, LLC, which is supporting the company’s government relations and financing efforts in Washington, D.C., under a fee and bonus structure linked to future fundraising milestones. All share issuances remain subject to regulatory approval, including from the TSX Venture Exchange, and will carry statutory hold periods under Canadian securities law, underscoring the company’s continued reliance on equity-based payments to manage liquidity and advance its financing and strategic initiatives.
Bunker Hill Mining Corp. has completed the acquisition of the Ranger-Page Project in Idaho’s Silver Valley, consolidating a key area of the Coeur d’Alene Mining District. This acquisition, which includes past-producing mines and an extensive geological database, is expected to extend the operational life of Bunker Hill’s assets, enhance economies of scale, and provide a platform for future resource development. The transaction involves a $2.4 million consideration in Bunker Hill shares, with a structured escrow payment schedule. This strategic move positions Bunker Hill to strengthen its development pipeline while focusing on restarting operations and initiating concentrate production.