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HDRO Stock Chart & Stats
C$1.19
-C$0.08(-6.72%)
At close: 4:00 PM EDT
C$1.19
-C$0.08(-6.72%)
Day’s Range― - ―
52-Week RangeC$0.68 - C$4.91
Previous CloseN/A
Volume2.54K
Average Volume (3M)64.32K
Market Cap
C$8.68M
Enterprise ValueC$2.51
Total Cash (Recent Filing)C$1.56M
Total Debt (Recent Filing)C$0.00
Price to Earnings (P/E)―
Beta-0.45
Next Earnings
Nov 03, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.40
Shares Outstanding7,418,711
10 Day Avg. Volume77,932
30 Day Avg. Volume64,317
Financial Highlights & Ratios
PEG Ratio-0.02
Price to Book (P/B)2.28
Price to Sales (P/S)0.00
P/FCF Ratio-1.71
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
Bulls Say, Bears Say
Bulls Say
Debt-free Balance SheetA zero-debt balance sheet materially reduces refinancing and interest-rate risk, preserving financial optionality. For a cash-burning mining/minerals company this durable strength extends runway and improves ability to raise equity or execute JV/asset transactions without near-term solvency pressure.
Public Listing (TSXV) Provides Capital AccessBeing listed on the TSXV gives the company ongoing access to public equity and visibility among resource capital providers. Over a 2-6 month horizon this structural advantage supports the company’s ability to raise funds, pursue financings or partner transactions to fund development.
Assets And Equity Appear SupportedReported asset and equity support provides a tangible base for creditors and potential partners. This underlying balance-sheet substance makes asset-backed financing or strategic partnerships more feasible and cushions downside while management pursues project advancement or capital plans.
Bears Say
Zero RevenueComplete absence of revenue is a fundamental constraint: the business generates no operating inflows to cover costs or invest. Over months this forces reliance on external capital, prevents organic reinvestment, and magnifies execution risk for project development or commercialization.
Negative Operating And Free Cash FlowPersistent negative OCF and FCF indicate the company consumes cash rather than produces it, creating structural cash burn. This pattern necessitates repeated external financing, increases dilution risk, and limits ability to fund milestones or respond to adverse developments without raising capital.
Recurring Operating And Net LossesSustained operating and net losses erode shareholder equity and reflect an inability to reach profitable operations. Over a multi-month horizon this undermines return on equity prospects, pressures capital markets access, and raises the need for strategic changes or additional funding to avoid value dilution.
Millbank Mining Corp News
HDRO FAQ
What was Millbank Mining Corp’s price range in the past 12 months?
Millbank Mining Corp lowest stock price was C$0.68 and its highest was C$4.91 in the past 12 months.
What is Millbank Mining Corp’s market cap?
Millbank Mining Corp’s market cap is C$8.68M.
When is Millbank Mining Corp’s upcoming earnings report date?
Millbank Mining Corp’s upcoming earnings report date is Nov 03, 2026 which is in 92 days.
How were Millbank Mining Corp’s earnings last quarter?
Millbank Mining Corp released its earnings results on Jul 27, 2026. The company reported -C$0.037 earnings per share for the quarter, missing the consensus estimate of N/A by N/A.
Is Millbank Mining Corp overvalued?
According to Wall Street analysts Millbank Mining Corp’s price is currently Overvalued.
Does Millbank Mining Corp pay dividends?
Millbank Mining Corp does not currently pay dividends.
What is Millbank Mining Corp’s EPS estimate?
Millbank Mining Corp’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Millbank Mining Corp have?
Millbank Mining Corp has 7,418,711 shares outstanding.
What happened to Millbank Mining Corp’s price movement after its last earnings report?
Millbank Mining Corp reported an EPS of -C$0.037 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went up 8.108%.
Which hedge fund is a major shareholder of Millbank Mining Corp?
Currently, no hedge funds are holding shares in TSE:HDRO
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
Millbank Mining Corp
Primary Hydrogen Corp., headquartered in Calgary, Canada, is dedicated to the identification, acquisition, and advancement of natural hydrogen assets across the country. The company, which originated as Millbank Mining Corp., officially adopted its current name in November 2024, having been incorporated in 2020.








