55 North Mining Inc (TSE:FFF)
:FFF
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55 North Mining Inc
(FFF)
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Rating:46Neutral
Price Target:
C$0.59
▲(1.38% Upside)
Action:ReiteratedDate:01/24/26
Overall score is driven down primarily by very weak financial performance (no revenue, persistent losses, negative free cash flow, and negative equity). Technical indicators are more neutral/constructive and provide some support, but valuation remains unattractive/unclear due to a negative P/E and no dividend yield data.
Positive Factors
No financial leverage
Having zero reported debt removes near-term interest and principal repayment burdens, lowering fixed financing costs and reducing immediate solvency pressure. For a junior mining issuer this durable capital structure feature preserves optionality when raising project or exploration funding.
Negative Factors
No revenue and recurring losses
Zero historical revenue coupled with recurring material operating losses means the company lacks operating cash generation and has not reached commercial production. This structural lack of revenue forces dependence on external capital, delays self-funding of projects and raises execution risk over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
No financial leverage
Having zero reported debt removes near-term interest and principal repayment burdens, lowering fixed financing costs and reducing immediate solvency pressure. For a junior mining issuer this durable capital structure feature preserves optionality when raising project or exploration funding.
Read all positive factors
55 North Mining Inc (FFF) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$10.06M
Dividend YieldN/A
Average Volume (3M)20.28K
Price to Earnings (P/E)―
Beta (1Y)-1.00
Revenue GrowthN/A
EPS Growth-190.68%
CountryCA
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryGold
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding24,547,697
10 Day Avg. Volume10,743
30 Day Avg. Volume20,280
Financial Highlights & Ratios
PEG Ratio21.86
Price to Book (P/B)-0.11
Price to Sales (P/S)0.00
P/FCF Ratio-6.88
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
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
55 North Mining Inc Business Overview & Revenue Model
Company Description
55 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 C...
How the Company Makes Money
55 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 lea...
55 North Mining Inc Financial Statement Overview
Summary
Income Statement
8
Very Negative
Balance Sheet
18
Very Negative
Cash Flow
12
Very Negative
| Breakdown | TTM | Mar 2025 | Dec 2023 | Dec 2022 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -20.00K | ― | -202.00K | -375.00K | -3.16M | -1.09M |
| EBITDA | -1.04M | -742.79K | -786.97K | -832.56K | -7.64M | -2.76M |
| Net Income | -1.13M | -744.00 | -783.00K | -820.00K | -1.47M | -2.51M |
Balance Sheet | ||||||
| Total Assets | 585.69K | 68.30K | 101.19K | 36.36K | 166.21K | 6.86M |
| Cash, Cash Equivalents and Short-Term Investments | 562.58K | 66.53K | 85.06K | 31.78K | 115.16K | 5.31M |
| Total Debt | 0.00 | 41.90K | 40.00K | 30.00K | 30.00K | 30.00K |
| Total Liabilities | 622.39K | 1.19M | 481.82K | 224.24K | 433.16K | 4.79M |
| Stockholders Equity | -36.70K | -1.13M | -380.63K | -187.89K | -266.95K | 2.07M |
Cash Flow | ||||||
| Free Cash Flow | -737.01K | -18.53K | 13.63K | -556.49K | -3.62M | -2.06M |
| Operating Cash Flow | -737.01K | -18.53K | 13.63K | -556.49K | -3.62M | -2.06M |
| Investing Cash Flow | 0.00 | 0.00 | 0.00 | 20.00K | 7.59M | -900.00K |
| Financing Cash Flow | 1.22M | 0.00 | 39.65K | 453.11K | -4.33M | 2.96M |
55 North Mining Inc Technical Analysis
Negative
0.58
Price Trends
0.54
Negative
0.51
Negative
0.46
Negative
Market Momentum
-0.05
Positive
40.95
Neutral
34.99
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:FFF, the sentiment is Negative. The current price of 0.58 is above the 20-day moving average (MA) of 0.49, above the 50-day MA of 0.54, and above the 200-day MA of 0.46, indicating a bearish trend. The MACD of -0.05 indicates Positive momentum. The RSI at 40.95 is Neutral, neither overbought nor oversold. The STOCH value of 34.99 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:FFF.
55 North Mining Inc 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% | |
49 Neutral | C$28.75M | -7.16 | 405.04% | ― | ― | -128.42% | |
47 Neutral | C$18.18M | -7.33 | ― | ― | ― | -315.88% | |
47 Neutral | C$17.98M | -10.38 | -6.26% | ― | ― | ― | |
47 Neutral | C$21.39M | -8.84 | -5.89% | ― | ― | 56.30% | |
46 Neutral | C$10.06M | -20.69 | 155.11% | ― | ― | -190.68% | |
41 Neutral | C$6.86M | 2.00 | 1.32% | ― | ― | ― |
* Basic Materials Sector Average
TSE:FFF
55 North Mining Inc
0.40
0.28
233.33%
TSE:KORE
Kore Mining Ltd
0.32
0.07
28.00%
TSE:PA
Palamina
0.20
0.10
95.00%
TSE:WRR
Walker River Resources
0.31
0.13
74.29%
TSE:SXTY
Sixty North Gold Mining
0.28
0.11
60.00%
TSE:GPO
Gold Port
0.12
0.05
71.43%
55 North Mining Inc Corporate Events
Business Operations and Strategy
55 North Mining Starts Winter Drill Program at Last Hope Gold Project Ahead of 2026 Resource Update
Positive
Feb 3, 2026
55 North Mining Inc. has launched its 2026 winter exploration drill program at the wholly owned Last Hope Gold Project in Manitoba, with one drill rig already mobilized to test potential southeast extensions of the current resource and refine the ...
Business Operations and Strategy
55 North Mining Takes Full Control of Last Hope Gold Project, Launches New Drill Program
Positive
Jan 7, 2026
55 North Mining Inc. has secured full ownership of its Last Hope Gold Project in Manitoba after completing the required property payment, clearing the way for a new drilling campaign. The company is mobilizing a drill rig with plans to begin a 202...
Business Operations and StrategyExecutive/Board Changes
55 North Mining Strengthens Board, Names Wayne Parsons Executive Chair to Advance Last Hope Gold Project
Positive
Dec 31, 2025
55 North Mining Inc. has appointed veteran mining-focused capital markets adviser Wayne Parsons as Executive Chair of the Board, effective January 1, 2026, as it works to advance its Last Hope Gold Project in Manitoba. With more than two decades o...
Private Placements and Financing
55 North Mining Completes $4.2M Private Placement to Boost Gold Project
Positive
Dec 5, 2025
55 North Mining Inc. has successfully completed the final tranche of its non-brokered private placement, raising a total of $4,202,000. The funds will be used to support property payments, advance drilling at the Last Hope Gold Project, and cover ...
Business Operations and Strategy
55 North Mining Secures Drill Permits and Grants Stock Options
Positive
Nov 14, 2025
55 North Mining Inc. has received drill permits from the Province of Manitoba for its Last Hope Gold Project, allowing the company to proceed with its 2025–2026 winter drill program. This development is expected to enhance the company’...
Private Placements and Financing
Bruce Reid’s Stake in 55 North Mining Inc. Diminishes Post-Private Placement
Neutral
Nov 6, 2025
55 North Mining Inc. has experienced a change in its shareholding structure due to a recent non-brokered private placement. As a result, Bruce Reid’s ownership has decreased from over 10% to 7.43% of the issued and outstanding shares. This a...
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.