Bunker Hill Mining (TSE:BNKR)
TSX:BNKR
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Bunker Hill Mining
(TSX:BNKR)
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Rating:41Neutral
Price Target:
C$5.50
▼(-6.78% Downside)
Action:ReiteratedDate:03/11/26
The score is primarily constrained by very weak financial performance (no revenue, large and worsening losses, persistent cash burn, and negative equity with rising debt). Technical indicators also lean bearish, reinforcing near-term risk. Valuation offers little support due to negative earnings and no dividend yield.
Positive Factors
Polymetallic flagship asset
The company owns the Bunker Hill Mine in Idaho’s Silver Valley, a historically productive polymetallic district. A well-located, multi-metal deposit provides durable optionality: once in production it can generate sustained cash flows from several metals and supports long-term project value.
Negative Factors
No commercial revenue
The company is a development-stage miner with no reported revenue, so long-term value depends on successful permitting, construction and commissioning. That creates execution risk: delays or technical setbacks can indefinitely defer cash generation and require repeated financing.
Read all positive and negative factors
Positive Factors
Negative Factors
Polymetallic flagship asset
The company owns the Bunker Hill Mine in Idaho’s Silver Valley, a historically productive polymetallic district. A well-located, multi-metal deposit provides durable optionality: once in production it can generate sustained cash flows from several metals and supports long-term project value.
Read all positive factors
Bunker Hill Mining (BNKR) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$257.09M
Dividend YieldN/A
Average Volume (3M)496.31K
Price to Earnings (P/E)―
Beta (1Y)1.06
Revenue GrowthN/A
EPS GrowthN/A
CountryCA
Employees40
SectorBasic Materials
Sector Strength58
IndustrySilver
Share Statistics
EPS (TTM)N/A
Shares Outstanding45,827,060
10 Day Avg. Volume841,821
30 Day Avg. Volume496,312
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)>-0.01
Price to Sales (P/S)0.00
P/FCF Ratio>-0.01
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$0.40Price Target Upside-93.17% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bunker Hill Mining Business Overview & Revenue Model
Company Description
mining of mineral properties in Canada and the United States. It focuses on exploring for zinc, lead, and silver ores. Its flagship asset is the 100% owned Bunker Hill mine located in the Silver Valley, Idaho. The company was formerly known as Lib...
How the Company Makes Money
Bunker Hill Mining’s intended revenue model is to generate income from producing and selling mineral concentrates and/or refined metals (primarily silver, lead, and zinc) from ore mined at the Bunker Hill Mine. In a typical operating setup for a p...
Bunker Hill Mining Financial Statement Overview
Summary
Income Statement
9
Very Negative
Balance Sheet
14
Very Negative
Cash Flow
12
Very Negative
| 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
UnderperformOutperform
Sector (61)
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$79.47M | -34.68 | -11.17% | ― | 52.70% | 60.33% | |
50 Neutral | C$152.42M | -7.89 | -27.47% | ― | ― | 49.02% | |
46 Neutral | C$428.28M | -8.58 | -108.87% | ― | 5.58% | 50.96% | |
43 Neutral | C$190.43M | -94.32 | -4.12% | ― | ― | 13.33% | |
42 Neutral | C$376.04M | -43.68 | -41.51% | ― | ― | -175.76% | |
41 Neutral | C$257.09M | ― | ― | ― | ― | ― |
* Basic Materials Sector Average
TSE:BNKR
Bunker Hill Mining
5.61
0.36
6.86%
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Bunker Hill Mining Corporate Events
Business Operations and StrategyPrivate Placements and Financing
Bunker Hill to Pay Debenture Interest in Shares to Preserve Cash
Neutral
Mar 31, 2026
Bunker Hill Mining Corp. has chosen to satisfy US$262,500 of interest due on its 5.0% Series 1 and Series 2 secured convertible debentures by issuing 72,115 common shares priced at US$3.64, instead of paying cash. The Series 1 and Series 2 debentu...
Business Operations and StrategyDelistings and Listing Changes
Bunker Hill Wins TSX Listing as Idaho Mine Restart Nears Completion
Positive
Mar 23, 2026
Bunker Hill Mining Corp. has secured approval to graduate from the TSX Venture Exchange to the Toronto Stock Exchange, with its common shares set to begin trading under the ticker BNKR on March 25, 2026. The move to a senior exchange is expected t...
Business Operations and Strategy
Bunker Hill Advances Toward June 2026 Mine Restart and Launches Largest Drilling Program Since 1981
Positive
Mar 16, 2026
Bunker Hill Mining says construction and commissioning of its Bunker Hill zinc-silver-lead mine in Idaho is about 85% complete and on track for a restart and first concentrate production in June 2026, supported by sufficient underground stockpiles...
Business Operations and StrategyPrivate Placements and FinancingStock Split
Bunker Hill Completes 1-for-35 Reverse Stock Split as It Streamlines Capital Structure
Neutral
Mar 6, 2026
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 Ve...
Business Operations and StrategyPrivate Placements and Financing
Bunker Hill Mining Secures C$33.8 Million to Advance Mine Ramp-Up
Positive
Mar 6, 2026
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 com...
Business Operations and StrategyPrivate Placements and FinancingStock Split
Bunker Hill Sets Reverse Stock Split Date and Updates C$30 Million LIFE Financing
Positive
Mar 4, 2026
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 sh...
Private Placements and Financing
Bunker Hill Refines Terms of $30 Million LIFE Offering and Market-Making Support
Positive
Feb 14, 2026
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...
Business Operations and Strategy
Bunker Hill Taps Independent Trading Group to Boost Share Liquidity
Positive
Feb 11, 2026
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 remain...
Business Operations and StrategyPrivate Placements and FinancingStock Split
Bunker Hill Unveils C$30 Million Financing, Warrant Exercise and Reverse Split
Positive
Feb 9, 2026
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 o...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.