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CMC Metals
(CMB)
CMC Metals (CMB) vs. iShares MSCI Canada ETF (EWC)
CMC Metals Business Overview & Revenue Model
CMC Metals Financial Statement Overview
| Breakdown | |||||
| TTM | Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | Gross Profit |
| -33.81K | -19.18K | -3.50K | 0.00 | -4.51K | -3.19K | EBIT |
| -320.69K | -3.49M | -4.24M | -3.02M | -949.34K | -368.16K | EBITDA |
| -1.94M | -3.43M | -4.32M | -3.02M | -957.48K | -685.82K | Net Income Common Stockholders |
| -577.41K | -3.49M | -4.27M | -3.04M | -949.39K | -478.81K |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 656.88K | 190.95K | 916.75K | 524.11K | 300.61K | 344.63K | Total Assets |
| 1.26M | 946.21K | 1.71M | 1.02M | 694.77K | 646.91K | Total Debt |
| 61.53K | 38.45K | 32.86K | 24.65K | 21.07K | 1.09M | Net Debt |
| 49.28K | -127.50K | -858.88K | -499.46K | -279.55K | 746.54K | Total Liabilities |
| 774.52K | 1.55M | 1.53M | 1.22M | 957.48K | 2.02M | Stockholders Equity |
| 489.10K | -603.54K | 178.23K | -196.47K | -262.71K | -1.37M |
| Cash Flow | Free Cash Flow | ||||
| -412.29K | -3.08M | -3.99M | -2.39M | -1.01M | -597.52K | Operating Cash Flow |
| -412.28K | -2.96M | -3.92M | -2.39M | -1.01M | -597.52K | Investing Cash Flow |
| 84.72K | -117.50K | -60.54K | -155.66K | 0.00 | 0.00 | Financing Cash Flow |
| 162.24K | 2.35M | 4.35M | 2.77M | 967.86K | 942.85K |
CMC Metals Technical Analysis
CMC Metals Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
51 Neutral | $2.04B | -1.26 | -21.09% | 3.98% | 2.91% | -30.49% | |
38 Underperform | $4.11M | 4.16 | -425.89% | ― | ― | ― | |
| $1.38B | ― | -14.41% | ― | ― | ― | ||
34 Underperform | C$14.00M | ― | -9999.00% | ― | ― | -79.49% | |
| $1.54B | 19.82 | 20.74% | ― | ― | ― | ||
| $52.38M | ― | -11.62% | ― | ― | ― | ||
| $518.94M | ― | -95.94% | ― | ― | ― |
CMC Metals Corporate Events
CMC Metals Ltd. has announced an amendment to the exercise price of its previously granted stock options, increasing it from $0.025 to $0.05 per share. This adjustment aligns with TSX Venture Exchange policies and reflects the company’s strategic financial management, potentially impacting investor perceptions and the company’s market positioning.
CMC Metals Ltd. has announced a consolidation of its common shares on a ten-to-one basis, effective March 25, 2025, along with a name change to Walker Lane Resources Ltd. This strategic move, approved by the TSX Venture Exchange, aims to strengthen the company’s market position and facilitate new corporate development opportunities and financing transactions. The consolidation will result in a significant reduction in the number of outstanding shares, which is expected to enhance the company’s appeal to investors and improve its financial flexibility.
CMC Metals Ltd. has issued a statement to clarify previous disclosures after a review by the British Columbia Securities Commission found the 2024 Technical Report on the Silver Hart Property in Yukon non-compliant with NI 43-101 standards. The company is collaborating with MICON International Inc. to produce a compliant report by the end of Q1 2025, indicating its commitment to regulatory standards and transparency for stakeholders.
CMC Metals Ltd. has announced a share purchase agreement with North Bay Resources Inc. (NBRI), enabling NBRI to increase its stake to 70% in the Bishop Gold Mill, located in Inyo County, California. This acquisition is part of a strategic move by NBRI, which has recently installed new gold extraction equipment at the mill, expecting a high recovery rate from its Fran Gold Project. This transaction includes a series of staggered cash payments to CMC Metals, signaling a robust partnership aimed at enhancing gold recovery operations at the Bishop Gold Mill.
CMC Metals Ltd. has clarified its contract with Fundamental Research Corporation (FRC) concerning the preparation of research reports. The final report by FRC fulfills the terms of their contract, which provided comprehensive financial analysis and industry insights. This finalization marks the completion of a service agreement for which CMC compensated FRC $39,600 plus GST, potentially impacting CMC’s strategic positioning and providing stakeholders with valuable insights into their financial and operational landscape.
CMC Metals Ltd. has released a new valuation report prepared by Fundamental Research Limited, which highlights the company’s activities, plans, and recent deals. The report indicates that CMC is significantly undervalued in the current market, presenting a compelling investment opportunity. The company plans to monetize assets for future exploration, with expectations of cash flow from current deals in 2024, reinforcing its potential as an attractive investment target in 2025.
CMC Metals Ltd. announced the issuance of 3,400,000 common shares to settle and extinguish $85,000 of outstanding debt, aiming to preserve cash and enhance its balance sheet. This strategic move, which does not affect control or create new insiders, positions the company to leverage improved market conditions and focus on enhancing shareholder value, particularly through its silver projects.
CMC Metals Ltd. has unveiled a new strategic vision for 2025 and beyond, building on its successful 2024 activities. The company is focusing on establishing cash flow producing operations from its silver projects in the Rancheria Silver District, aiming to utilize advanced ore sorting technologies. This strategy also includes expanding existing resources, acquiring new high-potential assets, and reducing reliance on market financing, all while fostering partnerships with local communities and First Nations.