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55 North Mining Inc (TSE:FFF)
:FFF
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55 North Mining Inc
(FFF)
Rating:20Underperform
Price Target:―
55 North Mining Inc (FFF) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$4.80M
Dividend YieldN/A
Average Volume (3M)75.61K
Price to Earnings (P/E)―
Beta (1Y)-1.96
Revenue GrowthN/A
EPS Growth55.10%
CountryCA
EmployeesN/A
SectorBasic Materials
Sector Strength62
IndustryGold
Share Statistics
EPS (TTM)N/A
Shares Outstanding160,067,250
10 Day Avg. Volume55,666
30 Day Avg. Volume75,606
Financial Highlights & Ratios
PEG Ratio0.35
Price to Book (P/B)-16.28
Price to Sales (P/S)0.00
P/FCF Ratio454.61
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
55 North Mining Inc Business Overview & Revenue Model
Company Description55 North Mining Inc. engages in the exploration and development of gold. The company has an option to acquire 100% of the rights, title, and interest in the Last Hope Gold Project, a high-grade gold project located in the emerging Lynn Lake Gold Camp in northern Manitoba. 55 North Mining Inc. was incorporated in 2016 and is headquartered in Toronto, Canada.
How the Company Makes Money55 North Mining Inc makes money through the exploration and development of mineral properties, primarily targeting gold and other precious metals. The company generates revenue by advancing these projects to the point where they can be sold or leased to larger mining companies, or through joint venture agreements where they get a share of the mining profits. Revenue streams also include the sale of extracted minerals and metals if the company decides to proceed with full-scale mining operations. Strategic partnerships with other mining firms and investors are significant factors that contribute to the company's earnings, providing capital and expertise to advance their projects.
55 North Mining Inc Financial Statement Overview
Summary
The company is facing severe financial challenges with no revenue generation, negative equity, and weak cash flow positions. The outlook remains precarious without significant improvements.Income Statement
The company has consistently generated no revenue over the years, resulting in negative gross profit and net income. There are no signs of improvement in earnings or profitability as reflected in the negative EBIT and net income margins.10
Very Negative
Balance Sheet
The company has negative stockholders' equity indicating financial instability. Its total liabilities exceed its assets, and the debt-to-equity ratio cannot be calculated meaningfully due to the negative equity.5
Very Negative
Cash Flow
Cash flow from operations is low but has improved from highly negative in past years. The free cash flow has seen some improvement, but overall cash flow health remains weak.20
Very Negative
| Breakdown | |||||
| TTM | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | Gross Profit |
| -25.84K | -202.15K | -375.00K | -100.00K | -65.00K | -65.00K | EBIT |
| -661.79K | -827.11K | -852.57K | -4.88M | -2.03M | -323.87K | EBITDA |
| -309.37K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | Net Income Common Stockholders |
| -842.46K | -783.47K | -820.06K | -1.47M | -2.51M | -353.22K |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 10.35K | 85.06K | 31.78K | 115.16K | 5.31M | 478.14K | Total Assets |
| 24.13K | 101.19K | 36.36K | 166.21K | 6.86M | 1.01M | Total Debt |
| 119.89K | 40.00K | 30.00K | 30.00K | 30.00K | 220.00K | Net Debt |
| 109.54K | -45.06K | -1.78K | -85.16K | -449.70K | -258.14K | Total Liabilities |
| 2.67M | 481.82K | 224.24K | 433.16K | 4.79M | 603.65K | Stockholders Equity |
| -2.64M | -380.63K | -187.89K | -266.95K | 2.07M | 402.71K |
| Cash Flow | Free Cash Flow | ||||
| 160.88K | 13.63K | -556.49K | -3.62M | -2.06M | -468.38K | Operating Cash Flow |
| 160.88K | 13.63K | -556.49K | -3.62M | -2.06M | -468.38K | Investing Cash Flow |
| 0.00 | 0.00 | 20.00K | 7.59M | -900.00K | 0.00 | Financing Cash Flow |
| -100.58K | 39.65K | 453.11K | -4.33M | 2.96M | 867.44K |
55 North Mining Inc Technical Analysis
Positive
0.02
Price Trends
0.01
Positive
0.01
Positive
0.01
Positive
Market Momentum
<0.01
Negative
53.10
Neutral
53.33
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:FFF, the sentiment is Positive. The current price of 0.02 is above the 20-day moving average (MA) of 0.02, above the 50-day MA of 0.01, and above the 200-day MA of 0.01, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 53.10 is Neutral, neither overbought nor oversold. The STOCH value of 53.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:FFF.
55 North Mining Inc Peers Comparison
Overall Rating
UnderperformOutperform
Sector (51)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
51 Neutral | $2.02B | -1.19 | -21.37% | 3.64% | 2.88% | -30.57% | |
41 Neutral | C$3.27M | ― | -206.92% | ― | ― | -539.74% | |
27 Underperform | C$2.97M | ― | -1265.07% | ― | ― | 9.68% | |
25 Underperform | C$2.16M | ― | -57.67% | ― | ― | 91.61% | |
20 Underperform | C$4.80M | ― | 205.83% | ― | ― | 55.10% | |
| $1.37M | ― | -108.76% | ― | ― | ― | ||
| $482.22K | ― | -10.90% | ― | ― | ― |
* Basic Materials Sector Average
Performance Comparison
TSE:FFF
55 North Mining Inc
0.02
0.01
100.00%
TSE:VGD
Visible Gold Mines
0.08
-0.02
-20.00%
LCKYF
Golden Sky Minerals
0.06
-0.03
-33.33%
ROVMD
Rover Critical Minerals
0.14
-0.15
-51.72%
TSE:RGLD
Red Lake Gold Inc
0.06
-0.01
-14.29%
TSE:ELEM
Element79 Gold Corp.
0.02
-0.16
-88.89%
Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.
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.