55 North Mining Inc (FFF) AI Stock Analysis

• Market Cap: C$14.73M
• Dividend Yield: N/A
• Average Volume (3M): 20.28K
• Price to Earnings (P/E): ―
• Beta (1Y): -1.68
• Revenue Growth: N/A
• EPS Growth: -190.68%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Gold
• EPS (TTM): >-0.01
• Shares Outstanding: 24,547,697
• 10 Day Avg. Volume: 10,743
• 30 Day Avg. Volume: 20,280
• PEG Ratio: 21.86
• Price to Book (P/B): -0.11
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -6.88
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 46 Neutral
• Price Target: C$0.59 ▲(1.38% Upside)

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.

Growing asset base

An increase in total assets versus the prior year indicates capital deployment into the business (e.g., exploration, licenses, equipment). Persistently growing assets can strengthen collateral value and provide a foundation for converting exploration into reserve value over time if development milestones are achieved.

Exposure to gold sector

Operating in the gold sector provides exposure to a commodity with long-term safe-haven and industrial investor demand. Structural demand dynamics can support project economics for producers and explorers, offering a durable market backdrop that underpins long-term strategic optionality for asset monetization.

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.

Persistent negative cash flow

Sustained negative operating and free cash flow indicates ongoing cash burn that cannot be covered by operations. Over months, this compels repeated financing, increasing dilution or financing cost risk, and can impede consistent funding for exploration or development activities critical to advancing a mining project.

Negative shareholders' equity

A negative equity position means liabilities exceed recorded assets, weakening balance-sheet resilience. This structural capital deficit heightens the likelihood of dilution when raising funds, reduces borrowing capacity, and undermines investor confidence in the company's ability to finance long-term development.

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 Camp in northern Manitoba. 55 North Mining Inc. was incorporated in 2016 and is headquartered in Toronto, Canada.

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 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

Financial profile is very weak: revenue is consistently $0, losses persist (TTM net loss about $1.13M; EBITDA about -$1.04M), and cash burn continues (TTM operating/free cash flow about -$737K). While debt is $0, negative stockholders’ equity (TTM around -$36.7K) reduces financial flexibility and increases funding/dilution risk.

Income Statement

Operating profile remains very weak: revenue is consistently $0 across annual periods and TTM (Trailing-Twelve-Months), while losses persist (TTM net loss of about $1.13M; EBITDA about -$1.04M). Profitability is structurally negative with no visible margin recovery, and earnings volatility remains elevated given recurring negative EBIT/EBITDA.

Balance Sheet

Leverage is not the primary issue (TTM total debt is $0; annual debt levels have been relatively modest), but the capital structure is strained by negative stockholders’ equity in recent periods (TTM equity around -$36.7K; 2024 equity around -$1.13M). Total assets increased in TTM versus 2024, which is a positive directional datapoint, but the negative equity position materially weakens financial flexibility and raises funding/dilution risk.

Cash Flow

Cash generation is pressured: TTM operating cash flow is about -$737K and free cash flow is also about -$737K, indicating ongoing cash burn. While 2023 showed a brief positive operating/free cash flow, the broader multi-year pattern is inconsistent and largely negative, suggesting reliance on external financing to sustain operations.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
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

• Technical Analysis Sentiment: Positive
• Last Price: 0.58
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

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 0.58 is above the 20-day moving average (MA) of 0.53, above the 50-day MA of 0.50, and above the 200-day MA of 0.39, indicating a bullish trend. The MACD of 0.02 indicates Negative momentum. The RSI at 64.15 is Neutral, neither overbought nor oversold. The STOCH value of 82.62 is Negative, 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

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
KORE	49 Neutral	C$15.79M	-8.99	-7091.27%	―	―	-128.42%
PA	47 Neutral	C$15.20M	-4.90	―	―	―	-315.88%
WRR	47 Neutral	C$21.51M	-33.64	-6.26%	―	―	―
FFF	46 Neutral	C$14.73M	-7.40	―	―	―	-190.68%
GPO	46 Neutral	C$7.89M	287.50	1.32%	―	―	―
SXTY	37 Underperform	C$16.02M	-28.39	-5.89%	―	―	56.30%

55 North Mining Inc Corporate Events

55 North Mining Takes Full Control of Last Hope Gold Project, Launches New Drill Program

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 2025–2026 step-out drill program in mid-January, targeting extensions of known mineralization over roughly 800 metres of strike to expand the project’s resource footprint and refine its geological model. Results from this program are expected several weeks after drilling concludes and will feed into an updated mineral resource estimate planned for later in 2026, which could benefit from higher prevailing gold prices that may justify lower cut-off grades and a potentially larger reported resource, creating a series of near-term catalysts for investors and other stakeholders.

The most recent analyst rating on (TSE:FFF) stock is a Hold with a C$0.41 price target. To see the full list of analyst forecasts on 55 North Mining Inc stock, see the TSE:FFF Stock Forecast page.

55 North Mining Strengthens Board, Names Wayne Parsons Executive Chair to Advance Last Hope Gold Project

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 of experience at major Canadian financial institutions and a track record of recapitalizing and supporting mining projects, Parsons is expected to bolster the company’s leadership bench and enhance its ability to secure financing and strategic relationships, a move that could be pivotal in progressing the Last Hope project from exploration toward development and future production.

The most recent analyst rating on (TSE:FFF) stock is a Hold with a C$0.41 price target. To see the full list of analyst forecasts on 55 North Mining Inc stock, see the TSE:FFF Stock Forecast page.

55 North Mining Completes $4.2M Private Placement to Boost Gold Project

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 general corporate expenses. The completion of this financing round positions the company to make significant progress in its exploration efforts, leveraging strong gold prices and growing investor interest.

55 North Mining Secures Drill Permits and Grants Stock Options

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’s operations by targeting extensions of the high-grade mineralized system, potentially strengthening its industry position. Additionally, the company announced the grant of 1,650,000 incentive stock options to its directors, officers, employees, and consultants, which could align stakeholder interests with the company’s growth objectives.

Bruce Reid’s Stake in 55 North Mining Inc. Diminishes Post-Private Placement

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 adjustment reflects a dilution of Reid’s stake, although he continues to hold a significant number of shares and warrants. The change in Reid’s shareholding could impact the company’s market perception and investor relations, as it indicates a shift in ownership dynamics.