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Benz Mining
(OTC:BZ)
Benz Mining (BZ) vs. iShares MSCI Canada ETF (EWC)
Benz Mining Business Overview & Revenue Model
Benz Mining 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 |
| -185.88K | -183.61K | 0.00 | 0.00 | 0.00 | 0.00 | EBIT |
| -3.49M | -5.60M | -6.87M | -20.43M | -10.93M | -1.04M | EBITDA |
| -2.05M | -2.14M | -4.78M | -12.64M | -10.90M | -969.70K | Net Income Common Stockholders |
| -3.85M | -4.02M | -4.78M | -4.82M | -9.44M | -1.30M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 320.39K | 3.02M | 10.13M | 2.78M | 13.14M | 2.35M | Total Assets |
| 326.96K | 7.62M | 13.07M | 6.06M | 15.10M | 2.71M | Total Debt |
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | Net Debt |
| -320.39K | -2.98M | -10.13M | -2.78M | -13.14M | -2.35M | Total Liabilities |
| 9.82K | 363.06K | 4.31M | 2.54M | 4.53M | 243.78K | Stockholders Equity |
| 317.14K | 7.26M | 8.77M | 3.51M | 10.57M | 2.47M |
| Cash Flow | Free Cash Flow | ||||
| -4.12M | -8.80M | -7.69M | -20.28M | -8.44M | -718.00K | Operating Cash Flow |
| -3.68M | -7.45M | -7.36M | -20.12M | -8.22M | -643.00K | Investing Cash Flow |
| -444.27K | -1.35M | -330.64K | -160.76K | -225.00K | -75.00K | Financing Cash Flow |
| 3.37M | 1.69M | 15.04M | 9.92M | 19.24M | 2.12M |
Benz Mining Technical Analysis
Benz Mining Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
80 Outperform | $84.96B | 25.52 | 11.45% | 1.28% | 32.68% | 419.46% | |
78 Outperform | C$2.90B | 15.40 | 34.73% | ― | 80.44% | 3757.72% | |
77 Outperform | $5.06B | 27.85 | 14.62% | ― | 23.61% | ― | |
76 Outperform | C$3.62B | 14.91 | 39.28% | ― | 105.06% | 481.75% | |
69 Neutral | $6.90B | 156.92 | 2.50% | 0.70% | 12.78% | ― | |
51 Neutral | $2.02B | -1.12 | -21.36% | 3.65% | 2.87% | -30.54% | |
49 Neutral | C$85.32M | ― | -29.44% | ― | ― | 34.46% |
Benz Mining Corporate Events
Benz Mining Corp. has successfully completed the first tranche of its A$13.5 million financing, raising A$11.5 million to accelerate exploration at its Glenburgh Gold Project and commence activities at the Egerton Gold Project. The funds will also support a scoping study at the Eastmain Gold Mine in Quebec. This financing is expected to enhance Benz’s exploration capabilities and strengthen its position in the gold exploration industry.
Spark’s Take on TSE:BZ Stock
According to Spark, TipRanks’ AI Analyst, TSE:BZ is a Neutral.
Benz Mining faces significant financial instability with no revenue and negative cash flow, heavily impacting its stock score. While corporate events and technical indicators provide some positive signals, they are overshadowed by the company’s fundamental financial challenges.
To see Spark’s full report on TSE:BZ stock, click here.
Benz Mining Corp. has announced promising drilling results at its Glenburgh Gold Project, highlighting the potential expansion of high-grade gold mineralization. The recent drilling at Zone 126 suggests the emergence of a third high-grade lens, while the gap between the Icon and Apollo deposits shows significant scale potential with broad zones of low-grade mineralization. These findings support the company’s exploration model and indicate a potential district-scale gold system, offering both high-grade and bulk-tonnage growth opportunities. An aggressive drill program is set to commence in May, aiming to further explore these promising areas and enhance the resource base.
Spark’s Take on TSE:BZ Stock
According to Spark, TipRanks’ AI Analyst, TSE:BZ is a Neutral.
Benz Mining faces significant financial instability with no revenue and negative cash flow, heavily impacting its stock score. While corporate events and technical indicators provide some positive signals, they are overshadowed by the company’s fundamental financial challenges.
To see Spark’s full report on TSE:BZ stock, click here.
Benz Mining Corp. has announced a significant advancement in its exploration strategy at the Glenburgh Gold Project in Western Australia. By validating a new targeting model through historical data review and reconnaissance mapping, Benz has identified several promising NE-plunging fold targets that resemble the high-grade Zone 126. This refined model has not been previously applied, and the company has secured a drill rig to commence testing these targets in May 2025. The initiative is expected to enhance Benz’s understanding of the Glenburgh gold system and potentially unlock a larger gold resource, thereby strengthening its position in the gold exploration sector.
Spark’s Take on TSE:BZ Stock
According to Spark, TipRanks’ AI Analyst, TSE:BZ is a Neutral.
Benz Mining’s stock score is significantly impacted by its financial instability, marked by no revenue and cash flow concerns. While technical indicators show some support, valuation remains poor due to negative earnings. Positive corporate events, such as gold discoveries and strategic acquisitions, provide a glimmer of hope but are insufficient to offset broader financial challenges.
To see Spark’s full report on TSE:BZ stock, click here.
Benz Mining Corp. has successfully raised A$13.5 million through a placement of new CHESS Depositary Interests to accelerate exploration at its Glenburgh and Mt Egerton Gold Projects in Western Australia. The funds will be used for drilling programs, geological modeling, and fieldwork at these projects, as well as a scoping study at the Eastmain Gold Mine in Quebec. The placement received strong support from both international and domestic investors, with Spartan Resources maintaining its 14.9% shareholding. This financial boost is expected to enhance Benz Mining’s exploration capabilities and strengthen its position in the gold exploration industry.
Spark’s Take on TSE:BZ Stock
According to Spark, TipRanks’ AI Analyst, TSE:BZ is a Neutral.
Benz Mining’s stock score is significantly impacted by its financial instability, marked by no revenue and cash flow concerns. While technical indicators show some support, valuation remains poor due to negative earnings. Positive corporate events, such as gold discoveries and strategic acquisitions, provide a glimmer of hope but are insufficient to offset broader financial challenges.
To see Spark’s full report on TSE:BZ stock, click here.
Benz Mining Corp has announced a significant new high-grade gold discovery at the Zone 126 target within the Glenburgh Gold Project. The maiden drilling results have confirmed a substantial gold lens, validating Benz’s new structural model and opening up the potential for further exploration along an 18km mineralised corridor. This discovery not only enhances Benz’s operational prospects but also positions the company to potentially expand its resource base significantly, offering promising implications for stakeholders.
Benz Mining Corp. has exercised its option to acquire new tenements adjacent to the Glenburgh Gold Project, increasing the project’s total area and extending potential mineralization by 20km. This strategic expansion aims to enhance Benz’s exploration efforts in an underexplored gold district, with ongoing drilling poised to uncover further opportunities.
Benz Mining Corp. has commenced its maiden drill program at the Glenburgh Gold Project in Western Australia, targeting high-grade gold extensions at key areas like Zone 126 and Apollo. The drilling is scheduled to run through February and March 2025, aiming to support resource growth in a tier-1 gold jurisdiction. Benz is leveraging current favorable gold market conditions, with prices near all-time highs, to expand its high-grade resources, which could enhance its industry standing and deliver meaningful results for stakeholders.