Millbank Mining Corp (TSE:HDRO)

:HDRO

HDRO

Millbank Mining Corp

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Millbank Mining Corp (HDRO) Price & Analysis

11 Followers

HDRO Stock Chart & Stats

C$0.89

Market closed

C$0.89

Day’s Range― - ―

52-Week RangeC$0.68 - C$6.00

Previous CloseN/A

VolumeN/A

Average Volume (3M)64.32K

Market Cap

C$5.12M

Enterprise ValueC$3.53M

Total Cash (Recent Filing)C$1.68M

Total Debt (Recent Filing)C$0.00

Price to Earnings (P/E)―

Beta-0.22

Next Earnings

Aug 04, 2026

EPS EstimateN/A

Next Dividend Ex-DateN/A

Dividend YieldN/A

Share Statistics

EPS (TTM)-0.86

Shares Outstanding4,919,141

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

Conservative Balance SheetNo reported debt and positive equity provide a durable financial cushion relative to highly levered peers. This lowers near-term insolvency risk, preserves negotiating leverage with lenders/investors, and supports runway for operational initiatives over the next several months.

Avoiding Debt-funded LossesOperating losses have been funded without taking on debt, which prevents fixed interest burdens and reduces refinancing pressure. Over a multi-month horizon this structural choice preserves flexibility to pursue equity or strategic funding rather than servicing debt.

Solvency Acceptable Given Asset BaseA modest asset base combined with zero debt yields a straightforward balance sheet that is easy to manage and monitor. This simplifies capital allocation decisions and reduces complex contingent liabilities, supporting operational stability in the medium term.

Bears Say

Pre-revenue ProfileZero reported revenue indicates a pre-commercial or exploration-stage business with limited earnings visibility. Without recurring sales, the company depends on successful project development or financing to generate durable cash flows, raising execution risk over 2–6 months.

Widening LossesMaterially larger net losses year-over-year reflect expanding operating costs or scaling expenditures without revenue offset. Persistent widening losses erode equity, increase the need for external capital, and constrain ability to invest strategically over the medium term.

Negative And Worsening Cash FlowsSustained and worsening negative operating and free cash flow imply ongoing cash burn that likely requires external funding. This raises dilution and financing risk, limits strategic optionality, and can force short-term capital raises that affect long-term planning.

Millbank Mining Corp News

Primary Hydrogen Consolidates Shares in Capital Structure Overhaul

Millbank Mining Corp ( ($TSE:HDRO) ) has shared an update. Primary Hydrogen Corp. will implement a one-for-ten consolidation...

4M ago

Primary Hydrogen Consolidates Shares in 10-for-1 Roll-Up on TSX Venture

Millbank Mining Corp ( ($TSE:HDRO) ) has issued an announcement. Primary Hydrogen Corp. will implement a 10-for-1 consolidation...

4M ago

Primary Hydrogen Plans 10-for-1 Share Consolidation to Streamline Capital Structure

Millbank Mining Corp ( ($TSE:HDRO) ) has issued an announcement. Primary Hydrogen Corp. has announced a proposed 10-for-1...

4M ago

Primary Hydrogen Advances Wicheeda North Permitting, Reshapes Exploration Team

Millbank Mining Corp ( ($TSE:HDRO) ) has shared an update. Primary Hydrogen Corp. has provided an update on...

5M ago

Primary Hydrogen Corp. Reports Promising Hydrogen Findings in Newfoundland and Labrador

Millbank Mining Corp ( ($TSE:HDRO) ) has shared an announcement. Primary Hydrogen Corp. has completed its Phase 1...

6M ago

Primary Hydrogen Corp. Uncovers Significant Hydrogen Anomaly in British Columbia

Millbank Mining Corp ( ($TSE:HDRO) ) has shared an announcement. Primary Hydrogen Corp. has identified an 8-kilometre hydrogen...

6M ago

Primary Hydrogen Corp. Unveils Promising Hydrogen Anomalies in Ontario Exploration

Millbank Mining Corp ( ($TSE:HDRO) ) has shared an announcement. Primary Hydrogen Corp. has reported significant findings from...

6M ago

Primary Hydrogen Identifies Key REE Anomalies at Wicheeda North Project

The latest announcement is out from Millbank Mining Corp ( ($TSE:HDRO) ). Primary Hydrogen Corp. has identified two...

7M ago

Primary Hydrogen Corp. Reports Unanimous AGM Voting Results

Millbank Mining Corp ( ($TSE:HDRO) ) has shared an announcement. Primary Hydrogen Corp. announced the results of its...

8M ago

Primary Hydrogen Initiates Phase 2 Exploration at Hopkins Project

Millbank Mining Corp ( ($TSE:HDRO) ) has shared an announcement. Primary Hydrogen Corp. has commenced Phase 2 field...

9M ago

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$6.00 in the past 12 months.

What is Millbank Mining Corp’s market cap?

Millbank Mining Corp’s market cap is C$5.12M.

When is Millbank Mining Corp’s upcoming earnings report date?

Millbank Mining Corp’s upcoming earnings report date is Aug 04, 2026 which is in 74 days.

How were Millbank Mining Corp’s earnings last quarter?

Currently, no data Available

Is Millbank Mining Corp overvalued?

According to Wall Street analysts Millbank Mining Corp’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

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 4,919,141 shares outstanding.

What happened to Millbank Mining Corp’s price movement after its last earnings report?

Currently, no data Available

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. engages in the acquisition, exploration, and development of natural hydrogen properties in Canada. The company was formerly known as Millbank Mining Corp. and changed its name to Primary Hydrogen Corp. in November 2024. Primary Hydrogen Corp. was incorporated in 2020 and is based in Calgary, Canada.